<SEC-DOCUMENT>0001104659-24-095268.txt : 20240830
<SEC-HEADER>0001104659-24-095268.hdr.sgml : 20240830
<ACCEPTANCE-DATETIME>20240830084706
ACCESSION NUMBER:		0001104659-24-095268
CONFORMED SUBMISSION TYPE:	40-APP/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240830
DATE AS OF CHANGE:		20240830

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CAPITAL CORP
		CENTRAL INDEX KEY:			0001287750
		ORGANIZATION NAME:           	
		IRS NUMBER:				331089684
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483
		FILM NUMBER:		241266085

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127507300

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY ADVISORS LLC /ADV
		CENTRAL INDEX KEY:			0001064487
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-198
		FILM NUMBER:		241266614

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		8606519760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LANDMARK EQUITY ADVISORS LLC                            /ADV
		DATE OF NAME CHANGE:	19980619

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK IAM GROWTH CAPITAL LP
		CENTRAL INDEX KEY:			0001257823
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-119
		FILM NUMBER:		241266613

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		8606519760

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK GROWTH CAPITAL PARTNERS LP
		CENTRAL INDEX KEY:			0001257979
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-118
		FILM NUMBER:		241266612

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		8606519760

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001259313
		ORGANIZATION NAME:           	
		IRS NUMBER:				010605583
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-117
		FILM NUMBER:		241266611

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACOF OPERATING MANAGER LP
		CENTRAL INDEX KEY:			0001259315
		ORGANIZATION NAME:           	
		IRS NUMBER:				412056091
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-116
		FILM NUMBER:		241266610

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Real Estate Income Trust Inc.
		CENTRAL INDEX KEY:			0001327978
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				300309068
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-115
		FILM NUMBER:		241266609

	BUSINESS ADDRESS:	
		STREET 1:		ONE TABOR CENTER
		STREET 2:		1200 SEVENTEENTH STREET, SUITE 2900
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		(303)228-2200

	MAIL ADDRESS:	
		STREET 1:		ONE TABOR CENTER
		STREET 2:		1200 SEVENTEENTH STREET, SUITE 2900
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Black Creek Diversified Property Fund Inc.
		DATE OF NAME CHANGE:	20170901

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Dividend Capital Diversified Property Fund Inc.
		DATE OF NAME CHANGE:	20120712

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Dividend Capital Total Realty Trust Inc.
		DATE OF NAME CHANGE:	20050520

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Equity Partners XIII L P
		CENTRAL INDEX KEY:			0001347723
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-112
		FILM NUMBER:		241266608

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070-2429

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070-2429

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACOF Operating Manager II, L.P.
		CENTRAL INDEX KEY:			0001371907
		ORGANIZATION NAME:           	
		IRS NUMBER:				203899057
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-110
		FILM NUMBER:		241266607

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY PARTNERS XIII-A LP
		CENTRAL INDEX KEY:			0001393053
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-108
		FILM NUMBER:		241266606

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe, L.P.
		CENTRAL INDEX KEY:			0001409820
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-107
		FILM NUMBER:		241266605

	BUSINESS ADDRESS:	
		STREET 1:		c/o Ares Management LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			Los Angeles
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		c/o Ares Management LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			Los Angeles
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe LP
		DATE OF NAME CHANGE:	20070815

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CORPORATE OPPORTUNITIES FUND III LP
		CENTRAL INDEX KEY:			0001428903
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			CA

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-105
		FILM NUMBER:		241266604

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		301-210-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY PARTNERS XIV LP
		CENTRAL INDEX KEY:			0001444067
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-104
		FILM NUMBER:		241266603

	BUSINESS ADDRESS:	
		STREET 1:		C/O LANDMARK EQUITY ADVISORS LLC
		STREET 2:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070-2429
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		C/O LANDMARK EQUITY ADVISORS LLC
		STREET 2:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070-2429

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Management LLC
		CENTRAL INDEX KEY:			0001449853
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-103
		FILM NUMBER:		241266602

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			New York
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares IIIR/IVR CLO Ltd
		CENTRAL INDEX KEY:			0001449861
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-102
		FILM NUMBER:		241266601

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares IIIR/IR Clo Ltd
		DATE OF NAME CHANGE:	20081112

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares VR Clo Ltd
		CENTRAL INDEX KEY:			0001449864
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-101
		FILM NUMBER:		241266600

	BUSINESS ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares VIR Clo Ltd
		CENTRAL INDEX KEY:			0001449867
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-100
		FILM NUMBER:		241266599

	BUSINESS ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares X CLO Ltd
		CENTRAL INDEX KEY:			0001449944
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-98
		FILM NUMBER:		241266598

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Clo X ltd
		DATE OF NAME CHANGE:	20081113

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XI CLO Ltd.
		CENTRAL INDEX KEY:			0001449945
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-97
		FILM NUMBER:		241266597

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Clo XI Ltd
		DATE OF NAME CHANGE:	20081113

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Clo II B.V.
		CENTRAL INDEX KEY:			0001449948
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-96
		FILM NUMBER:		241266596

	BUSINESS ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Loan Investment Strategy IR Ltd
		CENTRAL INDEX KEY:			0001449950
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-95
		FILM NUMBER:		241266595

	BUSINESS ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Loan Investment Strategy II Ltd
		CENTRAL INDEX KEY:			0001449957
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-94
		FILM NUMBER:		241266594

	BUSINESS ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Loan Investment Strategy III Ltd
		CENTRAL INDEX KEY:			0001449958
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-93
		FILM NUMBER:		241266593

	BUSINESS ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		280 Park Avenue
		STREET 2:		22nd Floor
		CITY:			New York
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CREDIT STRATEGIES FUND I LP
		CENTRAL INDEX KEY:			0001450535
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-92
		FILM NUMBER:		241266592

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			900067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management IIIR/IVR, L.P.
		CENTRAL INDEX KEY:			0001462521
		ORGANIZATION NAME:           	
		IRS NUMBER:				208553838
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-91
		FILM NUMBER:		241266591

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Management Ltd
		CENTRAL INDEX KEY:			0001462578
		ORGANIZATION NAME:           	
		IRS NUMBER:				205292912
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-90
		FILM NUMBER:		241266590

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310)201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Asset Management L.P.
		CENTRAL INDEX KEY:			0001462606
		ORGANIZATION NAME:           	
		IRS NUMBER:				261468377
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-89
		FILM NUMBER:		241266589

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACOF Operating Manager III LLC
		CENTRAL INDEX KEY:			0001462608
		ORGANIZATION NAME:           	
		IRS NUMBER:				261355631
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-88
		FILM NUMBER:		241266588

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CSF Operating Manager I, LLC
		CENTRAL INDEX KEY:			0001462662
		ORGANIZATION NAME:           	
		IRS NUMBER:				263477791
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-87
		FILM NUMBER:		241266587

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Loan Management II, L.P.
		CENTRAL INDEX KEY:			0001462666
		ORGANIZATION NAME:           	
		IRS NUMBER:				203517035
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-86
		FILM NUMBER:		241266586

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Account Management I, L.P.
		CENTRAL INDEX KEY:			0001462668
		ORGANIZATION NAME:           	
		IRS NUMBER:				205149014
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-85
		FILM NUMBER:		241266585

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310)201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Institutional Loan Fund, L.P.
		CENTRAL INDEX KEY:			0001462669
		ORGANIZATION NAME:           	
		IRS NUMBER:				800353475
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-84
		FILM NUMBER:		241266584

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310)201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Loan Management IR, L.P.
		CENTRAL INDEX KEY:			0001462673
		ORGANIZATION NAME:           	
		IRS NUMBER:				208545729
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-83
		FILM NUMBER:		241266583

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310)201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Loan Management III, L.P.
		CENTRAL INDEX KEY:			0001462674
		ORGANIZATION NAME:           	
		IRS NUMBER:				262127558
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-82
		FILM NUMBER:		241266582

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310)201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Loan Investment Strategy Advisor IV, L.P.
		CENTRAL INDEX KEY:			0001462675
		ORGANIZATION NAME:           	
		IRS NUMBER:				263592635
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-81
		FILM NUMBER:		241266581

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		(310)201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management VR, L.P.
		CENTRAL INDEX KEY:			0001462678
		ORGANIZATION NAME:           	
		IRS NUMBER:				204329870
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-80
		FILM NUMBER:		241266580

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310)201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management VIR, L.P.
		CENTRAL INDEX KEY:			0001462679
		ORGANIZATION NAME:           	
		IRS NUMBER:				204349116
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-79
		FILM NUMBER:		241266579

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310)201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management X, L.P.
		CENTRAL INDEX KEY:			0001463332
		ORGANIZATION NAME:           	
		IRS NUMBER:				203517010
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-78
		FILM NUMBER:		241266578

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management XI, L.P.
		CENTRAL INDEX KEY:			0001463333
		ORGANIZATION NAME:           	
		IRS NUMBER:				208341189
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-77
		FILM NUMBER:		241266577

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners VI, L.P.
		CENTRAL INDEX KEY:			0001480161
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-76
		FILM NUMBER:		241266576

	BUSINESS ADDRESS:	
		STREET 1:		C/O LANDMARK REALTY ADVISORS LLC
		STREET 2:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		C/O LANDMARK REALTY ADVISORS LLC
		STREET 2:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CoLTS 2005-2 Ltd.
		CENTRAL INDEX KEY:			0001480231
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-74
		FILM NUMBER:		241266575

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund Asia, L.P.
		CENTRAL INDEX KEY:			0001494411
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-73
		FILM NUMBER:		241266574

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES MEZZANINE PARTNERS, L.P.
		CENTRAL INDEX KEY:			0001497379
		ORGANIZATION NAME:           	
		IRS NUMBER:				800407062
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-71
		FILM NUMBER:		241266573

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Asia Management, Ltd.
		CENTRAL INDEX KEY:			0001497386
		ORGANIZATION NAME:           	
		IRS NUMBER:				980655815
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-135
		FILM NUMBER:		241266199

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Special Situations Fund III, L.P.
		CENTRAL INDEX KEY:			0001500204
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-69
		FILM NUMBER:		241266572

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASSF Operating Manager III, LLC
		CENTRAL INDEX KEY:			0001508086
		ORGANIZATION NAME:           	
		IRS NUMBER:				273342824
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-68
		FILM NUMBER:		241266571

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Dynamic Credit Allocation Fund, Inc.
		CENTRAL INDEX KEY:			0001515324
		ORGANIZATION NAME:           	
		IRS NUMBER:				454969053
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-128
		FILM NUMBER:		241266192

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4200

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Senior Credit Strategies Fund, Inc.
		DATE OF NAME CHANGE:	20110314

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES COMMERCIAL REAL ESTATE MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001525556
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-67
		FILM NUMBER:		241266570

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES MEZZANINE MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001525558
		ORGANIZATION NAME:           	
		IRS NUMBER:				800407042
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-66
		FILM NUMBER:		241266569

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CAPITAL MANAGEMENT II LLC
		CENTRAL INDEX KEY:			0001525559
		ORGANIZATION NAME:           	
		IRS NUMBER:				454969165
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-65
		FILM NUMBER:		241266568

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CSF III INVESTMENT MANAGEMENT, LLC
		CENTRAL INDEX KEY:			0001525567
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-64
		FILM NUMBER:		241266567

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CREDIT STRATEGIES FUND III, L.P.
		CENTRAL INDEX KEY:			0001525571
		ORGANIZATION NAME:           	
		IRS NUMBER:				980669435
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-63
		FILM NUMBER:		241266566

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CLO MANAGEMENT XXI, L.P.
		CENTRAL INDEX KEY:			0001525649
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-62
		FILM NUMBER:		241266565

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CLO MANAGEMENT XX, L.P.
		CENTRAL INDEX KEY:			0001525650
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-61
		FILM NUMBER:		241266564

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CAPITAL CP FUNDING LLC
		CENTRAL INDEX KEY:			0001525658
		ORGANIZATION NAME:           	
		IRS NUMBER:				331089684
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-130
		FILM NUMBER:		241266194

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Commercial Real Estate Corp
		CENTRAL INDEX KEY:			0001529377
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				453148087
		STATE OF INCORPORATION:			MD

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-60
		FILM NUMBER:		241266563

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE
		STREET 2:		42ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212.515.3400

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE
		STREET 2:		42ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXI CLO Ltd.
		CENTRAL INDEX KEY:			0001535944
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1211

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-59
		FILM NUMBER:		241266562

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Loan Trust
		CENTRAL INDEX KEY:			0001535957
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1211

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-58
		FILM NUMBER:		241266561

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital JB Funding LLC
		CENTRAL INDEX KEY:			0001539126
		ORGANIZATION NAME:           	
		IRS NUMBER:				611583758
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1212

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-129
		FILM NUMBER:		241266193

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Credit Opportunities Master Fund II, Ltd.
		CENTRAL INDEX KEY:			0001539349
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-57
		FILM NUMBER:		241266560

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Enhanced Credit Opportunities Investment Management II, LLC
		CENTRAL INDEX KEY:			0001539360
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-56
		FILM NUMBER:		241266559

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK PARTNERS 1907 FUND I, L.P.
		CENTRAL INDEX KEY:			0001542285
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-55
		FILM NUMBER:		241266558

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund IV, L.P.
		CENTRAL INDEX KEY:			0001543148
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-54
		FILM NUMBER:		241266557

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG Capital Partners II, L.P.
		CENTRAL INDEX KEY:			0001550073
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-53
		FILM NUMBER:		241266556

	BUSINESS ADDRESS:	
		STREET 1:		WALKER HOUSE
		STREET 2:		87 MARY STREET
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9005
		BUSINESS PHONE:		852-3909-8880

	MAIL ADDRESS:	
		STREET 1:		WALKER HOUSE
		STREET 2:		87 MARY STREET
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9005

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Equity Partners XV, L.P.
		CENTRAL INDEX KEY:			0001568283
		ORGANIZATION NAME:           	
		IRS NUMBER:				461153167
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-52
		FILM NUMBER:		241266555

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark - NYC Fund I, L.P.
		CENTRAL INDEX KEY:			0001568287
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-51
		FILM NUMBER:		241266554

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Partners 1907 Fund II, L.P.
		CENTRAL INDEX KEY:			0001592047
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-50
		FILM NUMBER:		241266553

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Real Estate Management Holdings LLC
		CENTRAL INDEX KEY:			0001598472
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-49
		FILM NUMBER:		241266552

	BUSINESS ADDRESS:	
		STREET 1:		2000 Ave of the Stars, 12th Fl
		CITY:			Los Angeles
		STATE:			CA
		ZIP:			90067

	MAIL ADDRESS:	
		STREET 1:		2000 Ave of the Stars, 12th Fl
		CITY:			Los Angeles
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EIF CHANNELVIEW BLOCKER, LLC
		CENTRAL INDEX KEY:			0001600549
		ORGANIZATION NAME:           	
		IRS NUMBER:				464461048
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-48
		FILM NUMBER:		241266551

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners VII, L.P.
		CENTRAL INDEX KEY:			0001604127
		ORGANIZATION NAME:           	
		IRS NUMBER:				463206594
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-47
		FILM NUMBER:		241266550

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners VII Offshore, L.P.
		CENTRAL INDEX KEY:			0001604148
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-45
		FILM NUMBER:		241266549

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Special Situations Fund IV, L.P.
		CENTRAL INDEX KEY:			0001611813
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-46
		FILM NUMBER:		241266548

	BUSINESS ADDRESS:	
		STREET 1:		C/O ASSF MANAGEMETN IV, L.P.
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-921-7265

	MAIL ADDRESS:	
		STREET 1:		C/O ASSF MANAGEMETN IV, L.P.
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Centre Street Partnership, L.P.
		CENTRAL INDEX KEY:			0001613268
		ORGANIZATION NAME:           	
		IRS NUMBER:				465202525
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-44
		FILM NUMBER:		241266547

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners VII-IP Co-Investment, L.P.
		CENTRAL INDEX KEY:			0001614333
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-43
		FILM NUMBER:		241266546

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACOF Operating Manager IV, LLC
		CENTRAL INDEX KEY:			0001620272
		ORGANIZATION NAME:           	
		IRS NUMBER:				454610746
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-42
		FILM NUMBER:		241266545

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark TX ERS Co-Investment Fund I, L.P.
		CENTRAL INDEX KEY:			0001621147
		ORGANIZATION NAME:           	
		IRS NUMBER:				471935740
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-41
		FILM NUMBER:		241266544

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LWFB Co-Investment Fund I, L.P.
		CENTRAL INDEX KEY:			0001621623
		ORGANIZATION NAME:           	
		IRS NUMBER:				465555329
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-40
		FILM NUMBER:		241266543

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.
		CENTRAL INDEX KEY:			0001625941
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				471592886
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-134
		FILM NUMBER:		241266198

	BUSINESS ADDRESS:	
		STREET 1:		1200 17TH STREET
		STREET 2:		SUITE 2900
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		303-228-2200

	MAIL ADDRESS:	
		STREET 1:		1200 17TH STREET
		STREET 2:		SUITE 2900
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACK CREEK INDUSTRIAL REIT IV Inc.
		DATE OF NAME CHANGE:	20170518

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INDUSTRIAL LOGISTICS REALTY TRUST INC.
		DATE OF NAME CHANGE:	20160628

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LOGISTICS PROPERTY TRUST INC.
		DATE OF NAME CHANGE:	20141119

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXVII CLO Ltd.
		CENTRAL INDEX KEY:			0001633539
		ORGANIZATION NAME:           	
		IRS NUMBER:				981106791
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-39
		FILM NUMBER:		241266542

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXIX CLO Ltd.
		CENTRAL INDEX KEY:			0001633541
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-38
		FILM NUMBER:		241266541

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		STREET 2:		C/O ARES MANAGEMENT LLC
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		STREET 2:		C/O ARES MANAGEMENT LLC
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Strategic Investment Partners IV
		CENTRAL INDEX KEY:			0001633557
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-37
		FILM NUMBER:		241266540

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		STREET 2:		C/O ARES MANAGEMENT LLC
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		STREET 2:		C/O ARES MANAGEMENT LLC
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Commercial Finance LP
		CENTRAL INDEX KEY:			0001634613
		ORGANIZATION NAME:           	
		IRS NUMBER:				465568740
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-36
		FILM NUMBER:		241266539

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACOF IV ATD Co-Invest, L.P.
		CENTRAL INDEX KEY:			0001636412
		ORGANIZATION NAME:           	
		IRS NUMBER:				473226923
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-35
		FILM NUMBER:		241266538

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Denali Capital CLO XI, Ltd.
		CENTRAL INDEX KEY:			0001638977
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-34
		FILM NUMBER:		241266537

	BUSINESS ADDRESS:	
		STREET 1:		APPLEBY TRUST (CAYMAN) LTD.
		STREET 2:		CLIFTON HOUSE, 75 FORT ST., PO BOX 1350
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1108
		BUSINESS PHONE:		345-949-4900

	MAIL ADDRESS:	
		STREET 1:		APPLEBY TRUST (CAYMAN) LTD.
		STREET 2:		CLIFTON HOUSE, 75 FORT ST., PO BOX 1350
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1108

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund V, L.P.
		CENTRAL INDEX KEY:			0001639521
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-33
		FILM NUMBER:		241266536

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACE III Master Fund, L.P.
		CENTRAL INDEX KEY:			0001643958
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-32
		FILM NUMBER:		241266535

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ACE III Master, L.P.
		DATE OF NAME CHANGE:	20150602

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Hudson Partners I, L.P.
		CENTRAL INDEX KEY:			0001649769
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-31
		FILM NUMBER:		241266534

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Columbus Opportunity Fund, L.P.
		CENTRAL INDEX KEY:			0001650033
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-30
		FILM NUMBER:		241266533

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Property Enhancement Partners II, L.P.
		CENTRAL INDEX KEY:			0001651527
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-514
		FILM NUMBER:		241266178

	BUSINESS ADDRESS:	
		STREET 1:		50 LOTHIAN ROAD
		STREET 2:		FESTIVAL SQUARE
		CITY:			EDINBURGH
		STATE:			X0
		ZIP:			EH3 9WJ
		BUSINESS PHONE:		4401314736000

	MAIL ADDRESS:	
		STREET 1:		50 LOTHIAN ROAD
		STREET 2:		FESTIVAL SQUARE
		CITY:			EDINBURGH
		STATE:			X0
		ZIP:			EH3 9WJ

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES ENERGY INVESTORS FUND V, L.P.
		CENTRAL INDEX KEY:			0001656650
		ORGANIZATION NAME:           	
		IRS NUMBER:				352527651
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-29
		FILM NUMBER:		241266532

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			02494

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares ICOF III Fund (Delaware) LP
		CENTRAL INDEX KEY:			0001664549
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-28
		FILM NUMBER:		241266531

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES ICOF III GP LP
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES ICOF III GP LP
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares High Income Credit Opportunities Fund, L.P.
		CENTRAL INDEX KEY:			0001673174
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-27
		FILM NUMBER:		241266530

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES HICOF MANAGEMENT, L.P.
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES HICOF MANAGEMENT, L.P.
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Income Opportunity Fund, L.P.
		CENTRAL INDEX KEY:			0001676898
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-26
		FILM NUMBER:		241266529

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CION Ares Diversified Credit Fund
		CENTRAL INDEX KEY:			0001678124
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-25
		FILM NUMBER:		241266528

	BUSINESS ADDRESS:	
		STREET 1:		100 PARK AVENUE
		STREET 2:		25TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-418-4700

	MAIL ADDRESS:	
		STREET 1:		100 PARK AVENUE
		STREET 2:		25TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Cactus Operating Manager, L.P.
		CENTRAL INDEX KEY:			0001681591
		ORGANIZATION NAME:           	
		IRS NUMBER:				671761255
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-24
		FILM NUMBER:		241266527

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-980-1476

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Credit Solutions (Cayman), L.P.
		CENTRAL INDEX KEY:			0001682589
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-23
		FILM NUMBER:		241266526

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Credit Solutions, L.P.
		CENTRAL INDEX KEY:			0001682590
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-22
		FILM NUMBER:		241266525

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CION Ares Management, LLC
		CENTRAL INDEX KEY:			0001682654
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-21
		FILM NUMBER:		241266524

	BUSINESS ADDRESS:	
		STREET 1:		3 PARK AVENUE
		STREET 2:		36TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
		BUSINESS PHONE:		212-418-4700

	MAIL ADDRESS:	
		STREET 1:		3 PARK AVENUE
		STREET 2:		36TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management II LLC
		CENTRAL INDEX KEY:			0001683440
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-19
		FILM NUMBER:		241266523

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES EIF MANAGEMENT, LLC
		CENTRAL INDEX KEY:			0001683442
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-18
		FILM NUMBER:		241266522

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management XXIX, L.P.
		CENTRAL INDEX KEY:			0001683445
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-17
		FILM NUMBER:		241266521

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management LLC
		CENTRAL INDEX KEY:			0001683503
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-16
		FILM NUMBER:		241266520

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Management XXVII, L.P.
		CENTRAL INDEX KEY:			0001683504
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-15
		FILM NUMBER:		241266519

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS,
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Loan Trust Management, L.P.
		CENTRAL INDEX KEY:			0001683816
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-14
		FILM NUMBER:		241266518

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Opportunity Management, L.P.
		CENTRAL INDEX KEY:			0001683926
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-13
		FILM NUMBER:		241266517

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			APSecurities Manager, L.P.
		CENTRAL INDEX KEY:			0001683949
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-12
		FILM NUMBER:		241266516

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Middle Market Credit Fund VII, Ltd.
		CENTRAL INDEX KEY:			0001683962
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-10
		FILM NUMBER:		241266515

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Middle Market Credit Fund IX, Ltd.
		CENTRAL INDEX KEY:			0001683964
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-09
		FILM NUMBER:		241266514

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASSF Operating Manager IV, L.P.
		CENTRAL INDEX KEY:			0001683967
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-08
		FILM NUMBER:		241266513

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASIP Operating Manager IV, LLC
		CENTRAL INDEX KEY:			0001683968
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-07
		FILM NUMBER:		241266512

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXXVIII CLO, Ltd.
		CENTRAL INDEX KEY:			0001683971
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-06
		FILM NUMBER:		241266511

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXXVII CLO, Ltd.
		CENTRAL INDEX KEY:			0001683972
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-05
		FILM NUMBER:		241266510

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXXIX CLO, Ltd.
		CENTRAL INDEX KEY:			0001683975
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-04
		FILM NUMBER:		241266509

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXXIV CLO, Ltd.
		CENTRAL INDEX KEY:			0001683976
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-03
		FILM NUMBER:		241266508

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Loan Trust 2016
		CENTRAL INDEX KEY:			0001683987
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-02
		FILM NUMBER:		241266507

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Loan Trust 2011
		CENTRAL INDEX KEY:			0001683988
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-01
		FILM NUMBER:		241266506

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Institutional Credit Fund L.P.
		CENTRAL INDEX KEY:			0001683990
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-454
		FILM NUMBER:		241266505

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares High Yield Strategies Fund IV Management, L.P.
		CENTRAL INDEX KEY:			0001683992
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-453
		FILM NUMBER:		241266504

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Centre Street Management, L.P.
		CENTRAL INDEX KEY:			0001684166
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-452
		FILM NUMBER:		241266503

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Commercial Finance Management LP
		CENTRAL INDEX KEY:			0001684167
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-451
		FILM NUMBER:		241266502

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Investment Holdings, LLC
		CENTRAL INDEX KEY:			0001684168
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-450
		FILM NUMBER:		241266501

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Management UK Ltd
		CENTRAL INDEX KEY:			0001684170
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-449
		FILM NUMBER:		241266500

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACOF Investment Management LLC
		CENTRAL INDEX KEY:			0001684171
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-448
		FILM NUMBER:		241266499

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares ICOF III Fund (Cayman) LP
		CENTRAL INDEX KEY:			0001684350
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-447
		FILM NUMBER:		241266498

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares ICOF III Management LP
		CENTRAL INDEX KEY:			0001684351
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-446
		FILM NUMBER:		241266497

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares ICOF II Management, LLC
		CENTRAL INDEX KEY:			0001684352
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-445
		FILM NUMBER:		241266496

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES ICOF II MASTER FUND, L.P.
		CENTRAL INDEX KEY:			0001684353
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-444
		FILM NUMBER:		241266495

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares MSCF V (H) Management LLC
		CENTRAL INDEX KEY:			0001684357
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-443
		FILM NUMBER:		241266494

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Multi-Strategy Credit Fund V (H), L.P.
		CENTRAL INDEX KEY:			0001684358
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-442
		FILM NUMBER:		241266493

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares UK Credit Strategies, L.P.
		CENTRAL INDEX KEY:			0001684359
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-441
		FILM NUMBER:		241266492

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Credit Strategies Feeder III UK, L.P.
		CENTRAL INDEX KEY:			0001684385
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-440
		FILM NUMBER:		241266491

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund IV (M), L.P.
		CENTRAL INDEX KEY:			0001684736
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-439
		FILM NUMBER:		241266490

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund III (A), L.P.
		CENTRAL INDEX KEY:			0001684738
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-438
		FILM NUMBER:		241266489

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund II (B), L.P.
		CENTRAL INDEX KEY:			0001684740
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-437
		FILM NUMBER:		241266488

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Customized Credit Fund L.P.
		CENTRAL INDEX KEY:			0001684741
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-436
		FILM NUMBER:		241266487

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AREG AC Makena Holdings LLC
		CENTRAL INDEX KEY:			0001684748
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-435
		FILM NUMBER:		241266486

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Management III LLC
		CENTRAL INDEX KEY:			0001684755
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-434
		FILM NUMBER:		241266485

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES EUROPEAN LOAN MANAGEMENT LLP
		CENTRAL INDEX KEY:			0001684756
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-433
		FILM NUMBER:		241266484

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Loan Funding S.L.P.
		CENTRAL INDEX KEY:			0001684816
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-432
		FILM NUMBER:		241266483

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund V (G), L.P.
		CENTRAL INDEX KEY:			0001684817
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-431
		FILM NUMBER:		241266482

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Middle Market Credit Fund IV, Ltd.
		CENTRAL INDEX KEY:			0001685473
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-430
		FILM NUMBER:		241266481

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY PARTNERS XVI, L.P.
		CENTRAL INDEX KEY:			0001688090
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-429
		FILM NUMBER:		241266480

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners VIII, L.P.
		CENTRAL INDEX KEY:			0001692026
		ORGANIZATION NAME:           	
		IRS NUMBER:				814168710
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-428
		FILM NUMBER:		241266479

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		8606519760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG Secured Lending Opportunities II, L.P.
		CENTRAL INDEX KEY:			0001692196
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-427
		FILM NUMBER:		241266478

	BUSINESS ADDRESS:	
		STREET 1:		C/O MANAGEMENTPLUS (CAYMAN) LIMITED
		STREET 2:		BUCKINGHAM SQ., 2ND FL., 720 W. BAY RD.
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1009
		BUSINESS PHONE:		(345) 946 9861

	MAIL ADDRESS:	
		STREET 1:		C/O MANAGEMENTPLUS (CAYMAN) LIMITED
		STREET 2:		BUCKINGHAM SQ., 2ND FL., 720 W. BAY RD.
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1009

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK TX ERS CO-INVESTMENT FUND II, L.P.
		CENTRAL INDEX KEY:			0001692627
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-426
		FILM NUMBER:		241266477

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG Capital Partners IV, L.P.
		CENTRAL INDEX KEY:			0001692662
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-425
		FILM NUMBER:		241266476

	BUSINESS ADDRESS:	
		STREET 1:		C/O MANAGEMENTPLUS (CAYMAN) LIMITED
		STREET 2:		BUCKINGHAM SQ., 2ND FL., 720 W. BAY RD.
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1009
		BUSINESS PHONE:		(345) 946 9861

	MAIL ADDRESS:	
		STREET 1:		C/O MANAGEMENTPLUS (CAYMAN) LIMITED
		STREET 2:		BUCKINGHAM SQ., 2ND FL., 720 W. BAY RD.
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1009

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Funding I, L.P.
		CENTRAL INDEX KEY:			0001693734
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-424
		FILM NUMBER:		241266475

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES CLO FUNDING I GP LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES CLO FUNDING I GP LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners VIII Co-Investment Fund, L.P.
		CENTRAL INDEX KEY:			0001698507
		ORGANIZATION NAME:           	
		IRS NUMBER:				815351539
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-423
		FILM NUMBER:		241266474

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		8606519760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY PARTNERS XVI CO-INVESTMENT FUND, L.P.
		CENTRAL INDEX KEY:			0001699351
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-422
		FILM NUMBER:		241266473

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AREG LPKC Partners, L.P.
		CENTRAL INDEX KEY:			0001706768
		ORGANIZATION NAME:           	
		IRS NUMBER:				352593344
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-421
		FILM NUMBER:		241266472

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FL.
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FL.
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners VIII-A, L.P.
		CENTRAL INDEX KEY:			0001711869
		ORGANIZATION NAME:           	
		IRS NUMBER:				821868478
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-420
		FILM NUMBER:		241266471

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		8606519760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares ND Credit Strategies Fund LLC
		CENTRAL INDEX KEY:			0001712230
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-419
		FILM NUMBER:		241266470

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Jasper Fund, L.P.
		CENTRAL INDEX KEY:			0001712232
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-418
		FILM NUMBER:		241266469

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund VII (Palo Verde), L.P.
		CENTRAL INDEX KEY:			0001713852
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-417
		FILM NUMBER:		241266468

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S3BE
		BUSINESS PHONE:		00442074346400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Direct Finance I LP
		CENTRAL INDEX KEY:			0001716510
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-416
		FILM NUMBER:		241266467

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK TIG CO-INVESTMENT FUND I, L.P.
		CENTRAL INDEX KEY:			0001727713
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-415
		FILM NUMBER:		241266466

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners VIII-Campbell Co-Investment, L.P.
		CENTRAL INDEX KEY:			0001728872
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-414
		FILM NUMBER:		241266465

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Credit Hedge Fund LP
		CENTRAL INDEX KEY:			0001731033
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-413
		FILM NUMBER:		241266464

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Energy Opportunities Fund, L.P.
		CENTRAL INDEX KEY:			0001731588
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-412
		FILM NUMBER:		241266462

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		STREET 2:		C/O ARES MANAGEMENT LLC
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		STREET 2:		C/O ARES MANAGEMENT LLC
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Energy Opportunites Fund,L.P.
		DATE OF NAME CHANGE:	20180214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MC Investments Parent LP
		CENTRAL INDEX KEY:			0001734934
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-411
		FILM NUMBER:		241266461

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AF V APR Co-Invest, L.P.
		CENTRAL INDEX KEY:			0001736927
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-410
		FILM NUMBER:		241266460

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe IV (E) Levered
		CENTRAL INDEX KEY:			0001736999
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-409
		FILM NUMBER:		241266459

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		442074346400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe IV (E) Levered SCSp
		DATE OF NAME CHANGE:	20180410

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe IV (G) Unlevered
		CENTRAL INDEX KEY:			0001737154
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-408
		FILM NUMBER:		241266458

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		442074346400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe IV (G) Unlevered SCSp
		DATE OF NAME CHANGE:	20180411

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe IV (G) Levered
		CENTRAL INDEX KEY:			0001737156
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-407
		FILM NUMBER:		241266457

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET,  6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		442074346400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET,  6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe IV (G) Levered SCSp
		DATE OF NAME CHANGE:	20180411

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe IV (E) Unlevered
		CENTRAL INDEX KEY:			0001737157
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-406
		FILM NUMBER:		241266456

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET,  6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		442074346400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT UK LIMITED
		STREET 2:		10 NEW BURLINGTON STREET,  6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe IV (E) Unlevered SCSp
		DATE OF NAME CHANGE:	20180411

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK SING CO-INVESTMENT FUND I, L.P.
		CENTRAL INDEX KEY:			0001741202
		ORGANIZATION NAME:           	
		IRS NUMBER:				981427553
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-405
		FILM NUMBER:		241266455

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMBSURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMBSURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Passero 18, L.P.
		CENTRAL INDEX KEY:			0001742776
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-404
		FILM NUMBER:		241266454

	BUSINESS ADDRESS:	
		STREET 1:		C/O SPRING BRIDGE MANAGEMENT, L.P.
		STREET 2:		601 LEXINGTON AVENUE, 37TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		(917) 817-4812

	MAIL ADDRESS:	
		STREET 1:		C/O SPRING BRIDGE MANAGEMENT, L.P.
		STREET 2:		601 LEXINGTON AVENUE, 37TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund IX (C), L.P.
		CENTRAL INDEX KEY:			0001748791
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-403
		FILM NUMBER:		241266453

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 0 20 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Energy Opportunities Fund B, L.P.
		CENTRAL INDEX KEY:			0001755997
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-402
		FILM NUMBER:		241266452

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Energy Opportunities Fund A, L.P.
		CENTRAL INDEX KEY:			0001755998
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-401
		FILM NUMBER:		241266451

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Real Estate Enhanced Income Fund, L.P.
		CENTRAL INDEX KEY:			0001757739
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-400
		FILM NUMBER:		241266450

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Real Estate Secured Income Fund, L.P.
		CENTRAL INDEX KEY:			0001757740
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-399
		FILM NUMBER:		241266449

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT CORP.
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT CORP.
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES EUROPEAN CREDIT STRATEGIES FUND X (T), L.P.
		CENTRAL INDEX KEY:			0001760007
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-398
		FILM NUMBER:		241266448

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		4402074346400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES EUROPEAN CREDIT INVESTMENTS I (C), L.P.
		CENTRAL INDEX KEY:			0001760008
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-397
		FILM NUMBER:		241266094

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		4402074346400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Revolver Funding LP
		CENTRAL INDEX KEY:			0001760232
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-396
		FILM NUMBER:		241266447

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE
		STREET 2:		44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE
		STREET 2:		44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares EPIC Co-Invest, L.P.
		CENTRAL INDEX KEY:			0001761040
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-395
		FILM NUMBER:		241266446

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG Capital Partners V, L.P.
		CENTRAL INDEX KEY:			0001761584
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-394
		FILM NUMBER:		241266445

	BUSINESS ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD.
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008
		BUSINESS PHONE:		345 814 7600

	MAIL ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD.
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK INFRASTRUCTURE PARTNERS II, L.P.
		CENTRAL INDEX KEY:			0001766763
		ORGANIZATION NAME:           	
		IRS NUMBER:				831333086
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-393
		FILM NUMBER:		241266444

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Credit Investment Partnership I (V), L.P.
		CENTRAL INDEX KEY:			0001769385
		ORGANIZATION NAME:           	
		IRS NUMBER:				833748008
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-392
		FILM NUMBER:		241266443

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE
		STREET 2:		44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Multi-Credit Fund LLC
		CENTRAL INDEX KEY:			0001774265
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-391
		FILM NUMBER:		241266442

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG Capital Partners V Sidecar, L.P.
		CENTRAL INDEX KEY:			0001774668
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-390
		FILM NUMBER:		241266441

	BUSINESS ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD.
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008
		BUSINESS PHONE:		(345) 814 7600

	MAIL ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD.
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares SFERS Credit Strategies Fund LLC
		CENTRAL INDEX KEY:			0001776235
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-389
		FILM NUMBER:		241266440

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares High Income Credit Opportunities Fund II (Master) LP
		CENTRAL INDEX KEY:			0001776777
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-388
		FILM NUMBER:		241266439

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES HICOF II MANAGEMENT LP
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES HICOF II MANAGEMENT LP
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASOF DELAWARE FEEDER, L.P.
		CENTRAL INDEX KEY:			0001779094
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-387
		FILM NUMBER:		241266438

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES SPECIAL OPPORTUNITIES FUND (OFFSHORE), L.P.
		CENTRAL INDEX KEY:			0001779105
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-386
		FILM NUMBER:		241266437

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES SPECIAL OPPORTUNITIES FUND, L.P.
		CENTRAL INDEX KEY:			0001779109
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-385
		FILM NUMBER:		241266436

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES PG CO-INVEST, L.P.
		CENTRAL INDEX KEY:			0001782808
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-384
		FILM NUMBER:		241266435

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES PE EXTENDED VALUE FUND LP
		CENTRAL INDEX KEY:			0001784534
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-383
		FILM NUMBER:		241266434

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Spring Bridge Partners, L.P.
		CENTRAL INDEX KEY:			0001788355
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-382
		FILM NUMBER:		241266433

	BUSINESS ADDRESS:	
		STREET 1:		C/O SPRING BRIDGE PARTNERS
		STREET 2:		200 PARK AVENUE, 17TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10166
		BUSINESS PHONE:		(212) 377-7030

	MAIL ADDRESS:	
		STREET 1:		C/O SPRING BRIDGE PARTNERS
		STREET 2:		200 PARK AVENUE, 17TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10166

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASOF Investment Management LLC
		CENTRAL INDEX KEY:			0001793548
		ORGANIZATION NAME:           	
		IRS NUMBER:				272078839
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-381
		FILM NUMBER:		241266432

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Funding III LP
		CENTRAL INDEX KEY:			0001793966
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-380
		FILM NUMBER:		241266431

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310.921.7267

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Opportunity Fund III, L.P.
		CENTRAL INDEX KEY:			0001794605
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-379
		FILM NUMBER:		241266430

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Opportunity Parallel Fund III-A, L.P.
		CENTRAL INDEX KEY:			0001794741
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-378
		FILM NUMBER:		241266429

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares PA Opportunities Fund, L.P.
		CENTRAL INDEX KEY:			0001795398
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-377
		FILM NUMBER:		241266428

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES SCM CO-INVEST III, L.P.
		CENTRAL INDEX KEY:			0001795698
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-376
		FILM NUMBER:		241266427

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Property Enhancement Partners III SCSp
		CENTRAL INDEX KEY:			0001802253
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-375
		FILM NUMBER:		241266426

	BUSINESS ADDRESS:	
		STREET 1:		14-16 AVENUE PASTEUR
		STREET 2:		LUXEMBOURG L-12462310 LUXEMBOURG
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-12462310
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Pathfinder Fund, L.P.
		CENTRAL INDEX KEY:			0001804489
		ORGANIZATION NAME:           	
		IRS NUMBER:				843564706
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-374
		FILM NUMBER:		241266425

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Pathfinder Fund (Offshore), L.P.
		CENTRAL INDEX KEY:			0001804490
		ORGANIZATION NAME:           	
		IRS NUMBER:				981516841
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-373
		FILM NUMBER:		241266424

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Chimney Tops Loan Fund, LLC
		CENTRAL INDEX KEY:			0001804612
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-372
		FILM NUMBER:		241266423

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund VI, L.P.
		CENTRAL INDEX KEY:			0001808719
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-371
		FILM NUMBER:		241266422

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund VI Parallel (Foreign), L.P.
		CENTRAL INDEX KEY:			0001808720
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-370
		FILM NUMBER:		241266421

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund VI Parallel (TE), L.P.
		CENTRAL INDEX KEY:			0001808721
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-369
		FILM NUMBER:		241266420

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares SSG Secured Lending Opportunities III, L.P.
		CENTRAL INDEX KEY:			0001810449
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-368
		FILM NUMBER:		241266419

	BUSINESS ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		190 ELGIN AVENUE
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008
		BUSINESS PHONE:		345 814 7600

	MAIL ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		190 ELGIN AVENUE
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SSG Secured Lending Opportunities III, L.P.
		DATE OF NAME CHANGE:	20200422

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Climate Infrastructure Partners, L.P.
		CENTRAL INDEX KEY:			0001810559
		ORGANIZATION NAME:           	
		IRS NUMBER:				833726287
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-367
		FILM NUMBER:		241266418

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACIP Parallel Fund A, L.P.
		CENTRAL INDEX KEY:			0001810562
		ORGANIZATION NAME:           	
		IRS NUMBER:				833744531
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-366
		FILM NUMBER:		241266417

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Opportunities 2020 (C), LP
		CENTRAL INDEX KEY:			0001813480
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-365
		FILM NUMBER:		241266416

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY PARTNERS XVII, L.P.
		CENTRAL INDEX KEY:			0001814522
		ORGANIZATION NAME:           	
		IRS NUMBER:				844415327
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-364
		FILM NUMBER:		241266415

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AEPEP III N Strategic Co-Invest, L.P.
		CENTRAL INDEX KEY:			0001815252
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-363
		FILM NUMBER:		241266414

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY PARTNERS XVII CO-INVESTMENT FUND, L.P.
		CENTRAL INDEX KEY:			0001816032
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-362
		FILM NUMBER:		241266413

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES EPIC CO-INVEST II, L.P.
		CENTRAL INDEX KEY:			0001818906
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-361
		FILM NUMBER:		241266412

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Spring Bridge Partners (Longshore), L.P.
		CENTRAL INDEX KEY:			0001819800
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-360
		FILM NUMBER:		241266411

	BUSINESS ADDRESS:	
		STREET 1:		C/O SPRING BRIDGE PARTNERS
		STREET 2:		200 PARK AVENUE, 17TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10166
		BUSINESS PHONE:		(212) 377-7030

	MAIL ADDRESS:	
		STREET 1:		C/O SPRING BRIDGE PARTNERS
		STREET 2:		200 PARK AVENUE, 17TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10166

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES RF CO-INVEST, L.P.
		CENTRAL INDEX KEY:			0001820685
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-359
		FILM NUMBER:		241266410

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Credit Solutions (Offshore) II, L.P.
		CENTRAL INDEX KEY:			0001820923
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-358
		FILM NUMBER:		241266409

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Credit Solutions II, L.P.
		CENTRAL INDEX KEY:			0001821273
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-357
		FILM NUMBER:		241266408

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES RF CO-INVEST (H), L.P.
		CENTRAL INDEX KEY:			0001821274
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-356
		FILM NUMBER:		241266407

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe V (G) Levered
		CENTRAL INDEX KEY:			0001822680
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-355
		FILM NUMBER:		241266406

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe V (G) Levered SCSp
		DATE OF NAME CHANGE:	20200826

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe V (E) Unlevered
		CENTRAL INDEX KEY:			0001822681
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-354
		FILM NUMBER:		241266405

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe V (E) Unlevered SCSp
		DATE OF NAME CHANGE:	20200826

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe V (E) Levered
		CENTRAL INDEX KEY:			0001822682
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-353
		FILM NUMBER:		241266404

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe V (E) Levered SCSp
		DATE OF NAME CHANGE:	20200826

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe V (G) Unlevered
		CENTRAL INDEX KEY:			0001822774
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-352
		FILM NUMBER:		241266403

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Capital Europe V (G) Unlevered SCSp
		DATE OF NAME CHANGE:	20200827

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Sports, Media & Entertainment Finance, L.P.
		CENTRAL INDEX KEY:			0001831773
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-350
		FILM NUMBER:		241266402

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Sports, Media & Entertainment Finance (Offshore), L.P.
		CENTRAL INDEX KEY:			0001831774
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-349
		FILM NUMBER:		241266401

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Investments VII (CP), L.P.
		CENTRAL INDEX KEY:			0001833763
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-348
		FILM NUMBER:		241266400

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		442074346400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Opportunity Parallel Fund lll-B, L.P.
		CENTRAL INDEX KEY:			0001850829
		ORGANIZATION NAME:           	
		IRS NUMBER:				861771425
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-347
		FILM NUMBER:		241266399

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Midway Partners, L.P.
		CENTRAL INDEX KEY:			0001852162
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-346
		FILM NUMBER:		241266398

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Pan-European Logistics Partnership, L.P.
		CENTRAL INDEX KEY:			0001852238
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-345
		FILM NUMBER:		241266397

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Opportunities (CP), L.P.
		CENTRAL INDEX KEY:			0001852607
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-344
		FILM NUMBER:		241266396

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares EHP Co-Invest Holdings, L.P.
		CENTRAL INDEX KEY:			0001852763
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-343
		FILM NUMBER:		241266395

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares VAL Co-Invest Holdings I, L.P.
		CENTRAL INDEX KEY:			0001852764
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-342
		FILM NUMBER:		241266394

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares VAL Co-Invest Holdings II, L.P.
		CENTRAL INDEX KEY:			0001852765
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-341
		FILM NUMBER:		241266393

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Ground Lease Partners, L.P.
		CENTRAL INDEX KEY:			0001856735
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-340
		FILM NUMBER:		241266392

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Direct Lending Parallel Fund (U) II, L.P.
		CENTRAL INDEX KEY:			0001866563
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-339
		FILM NUMBER:		241266391

	BUSINESS ADDRESS:	
		STREET 1:		C/O SDL MANAGEMENT II, LTD.
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O SDL MANAGEMENT II, LTD.
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Direct Lending Parallel Fund (L) II, L.P.
		CENTRAL INDEX KEY:			0001866564
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-338
		FILM NUMBER:		241266390

	BUSINESS ADDRESS:	
		STREET 1:		C/O SDL MANAGEMENT II, LTD.
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O SDL MANAGEMENT II, LTD.
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Fund X-B, L.P.
		CENTRAL INDEX KEY:			0001866731
		ORGANIZATION NAME:           	
		IRS NUMBER:				861755757
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-131
		FILM NUMBER:		241266195

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Fund X-A, L.P.
		CENTRAL INDEX KEY:			0001866732
		ORGANIZATION NAME:           	
		IRS NUMBER:				861770375
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-132
		FILM NUMBER:		241266196

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Fund X, L.P.
		CENTRAL INDEX KEY:			0001866953
		ORGANIZATION NAME:           	
		IRS NUMBER:				861755657
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-133
		FILM NUMBER:		241266197

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Direct Lending Opportunities Offshore LLC
		CENTRAL INDEX KEY:			0001870496
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-337
		FILM NUMBER:		241266389

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Direct Lending Opportunities Parallel LLC
		CENTRAL INDEX KEY:			0001870497
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-336
		FILM NUMBER:		241266388

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Direct Lending Opportunities LLC
		CENTRAL INDEX KEY:			0001870498
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-335
		FILM NUMBER:		241266387

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Pathfinder Core Fund, L.P.
		CENTRAL INDEX KEY:			0001871190
		ORGANIZATION NAME:           	
		IRS NUMBER:				863897120
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-334
		FILM NUMBER:		241266386

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Pathfinder Core Fund (Offshore), L.P.
		CENTRAL INDEX KEY:			0001871220
		ORGANIZATION NAME:           	
		IRS NUMBER:				863898946
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-333
		FILM NUMBER:		241266385

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares RLG Co-Invest Holdings, L.P.
		CENTRAL INDEX KEY:			0001873907
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-332
		FILM NUMBER:		241266384

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Markets Fund
		CENTRAL INDEX KEY:			0001876006
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-331
		FILM NUMBER:		241266383

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Landmark Private Markets Fund
		DATE OF NAME CHANGE:	20210730

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACIP Apex Co-Investment, L.P.
		CENTRAL INDEX KEY:			0001884088
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-330
		FILM NUMBER:		241266382

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY PARTNERS XVII-B, L.P.
		CENTRAL INDEX KEY:			0001885967
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-329
		FILM NUMBER:		241266381

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMBITION HOLDINGS, L.P.
		CENTRAL INDEX KEY:			0001886030
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-328
		FILM NUMBER:		241266380

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares PBN Finance Co. LLC
		CENTRAL INDEX KEY:			0001886603
		ORGANIZATION NAME:           	
		IRS NUMBER:				872075643
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-327
		FILM NUMBER:		241266379

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(301) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Special Opportunities Fund II (Jersey), L.P.
		CENTRAL INDEX KEY:			0001887391
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-123
		FILM NUMBER:		241266187

	BUSINESS ADDRESS:	
		STREET 1:		C/O SOF MANAGEMENT II LTD.
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O SOF MANAGEMENT II LTD.
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Special Opportunities Fund II, L.P.
		CENTRAL INDEX KEY:			0001887398
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-125
		FILM NUMBER:		241266189

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Special Opportunities Fund II (Offshore), L.P.
		CENTRAL INDEX KEY:			0001887432
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-124
		FILM NUMBER:		241266188

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Special Opportunities Fund II (Jersey A) L.P.
		CENTRAL INDEX KEY:			0001887449
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-122
		FILM NUMBER:		241266186

	BUSINESS ADDRESS:	
		STREET 1:		C/O SOF MANAGEMENT II LTD.
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O SOF MANAGEMENT II LTD.
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Special Opportunities Fund II (Jersey-A), L.P.
		DATE OF NAME CHANGE:	20211008

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners IX, L.P.
		CENTRAL INDEX KEY:			0001894769
		ORGANIZATION NAME:           	
		IRS NUMBER:				862395535
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-326
		FILM NUMBER:		241266378

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners IX-Campbell Co-Investment, L.P.
		CENTRAL INDEX KEY:			0001894782
		ORGANIZATION NAME:           	
		IRS NUMBER:				862460917
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-325
		FILM NUMBER:		241266377

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners IX Co-Investment Fund, L.P.
		CENTRAL INDEX KEY:			0001894828
		ORGANIZATION NAME:           	
		IRS NUMBER:				862460917
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-324
		FILM NUMBER:		241266376

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares SSG Capital Partners VI, L.P.
		CENTRAL INDEX KEY:			0001898444
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-127
		FILM NUMBER:		241266191

	BUSINESS ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		190 ELGIN AVENUE
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008
		BUSINESS PHONE:		345-949-0100

	MAIL ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		190 ELGIN AVENUE
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Real Estate Fund VI SCSp
		CENTRAL INDEX KEY:			0001907221
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-323
		FILM NUMBER:		241266375

	BUSINESS ADDRESS:	
		STREET 1:		14-16, AVENUE PASTEUR
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2310
		BUSINESS PHONE:		(352) 285-5721

	MAIL ADDRESS:	
		STREET 1:		14-16, AVENUE PASTEUR
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2310

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Minerva Co-Invest, L.P.
		CENTRAL INDEX KEY:			0001909026
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-521
		FILM NUMBER:		241266184

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares SSG Excelsior Co-investment, L.P.
		CENTRAL INDEX KEY:			0001913809
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-322
		FILM NUMBER:		241266374

	BUSINESS ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		190 ELGIN AVENUE
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008
		BUSINESS PHONE:		345-949-0100

	MAIL ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		190 ELGIN AVENUE
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			New CARS OP LLC
		CENTRAL INDEX KEY:			0001913860
		ORGANIZATION NAME:           	
		IRS NUMBER:				880601684
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-508
		FILM NUMBER:		241266172

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		(212) 710-2100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK EQUITY CT CO-INVESTMENT FUND I, L.P.
		CENTRAL INDEX KEY:			0001917863
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-507
		FILM NUMBER:		241266171

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES STRATEGIC INCOME FUND
		CENTRAL INDEX KEY:			0001918712
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-321
		FILM NUMBER:		241266373

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVE
		STREET 2:		44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10067
		BUSINESS PHONE:		212-710-2191

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVE
		STREET 2:		44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARES PRIVATE CREDIT FUND
		DATE OF NAME CHANGE:	20220322

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Asia Direct Lending LP
		CENTRAL INDEX KEY:			0001918722
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-320
		FILM NUMBER:		241266372

	BUSINESS ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		190 ELGIN AVENUE
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008
		BUSINESS PHONE:		345-949-0100

	MAIL ADDRESS:	
		STREET 1:		WALKERS CORPORATE LIMITED
		STREET 2:		190 ELGIN AVENUE
		CITY:			GEORGE TOWN, GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares SSG Direct Lending, L.P.
		DATE OF NAME CHANGE:	20220322

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate CT Co-Investment Fund I, L.P.
		CENTRAL INDEX KEY:			0001923458
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-506
		FILM NUMBER:		241266170

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Revolver Funding II LP
		CENTRAL INDEX KEY:			0001926726
		ORGANIZATION NAME:           	
		IRS NUMBER:				880841055
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-463
		FILM NUMBER:		241266125

	BUSINESS ADDRESS:	
		STREET 1:		C/O IVY HILL ASSET MANAGEMENT, L.P.
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		(646) 259-4822

	MAIL ADDRESS:	
		STREET 1:		C/O IVY HILL ASSET MANAGEMENT, L.P.
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES INSURANCE PARTNERS, L.P.
		CENTRAL INDEX KEY:			0001932926
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-121
		FILM NUMBER:		241266185

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund XII (Z), SCSp RAIF - Sub-Fund 1
		CENTRAL INDEX KEY:			0001933002
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-319
		FILM NUMBER:		241266371

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund XII (Z), SCSp RAIF - Sub-Fund 2
		CENTRAL INDEX KEY:			0001933003
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-318
		FILM NUMBER:		241266370

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Global Credit Fund S.C.A., SICAV-RAIF - Ares U.S. Loan Fund (G)
		CENTRAL INDEX KEY:			0001933010
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-317
		FILM NUMBER:		241266369

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Loan Funding II
		CENTRAL INDEX KEY:			0001933044
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-316
		FILM NUMBER:		241266368

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund XI (S), L.P.
		CENTRAL INDEX KEY:			0001933045
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-315
		FILM NUMBER:		241266367

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Global High Grade CLO Debt Fund, L.P.
		CENTRAL INDEX KEY:			0001933101
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-314
		FILM NUMBER:		241266366

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Investments II (G), L.P.
		CENTRAL INDEX KEY:			0001933210
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-313
		FILM NUMBER:		241266365

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Global Multi-Asset Credit Master Fund, L.P.
		CENTRAL INDEX KEY:			0001933234
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-312
		FILM NUMBER:		241266364

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES IDF MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001933236
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-311
		FILM NUMBER:		241266363

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES INDUSTRIAL REAL ESTATE EXCHANGE LLC
		CENTRAL INDEX KEY:			0001933237
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-310
		FILM NUMBER:		241266362

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Strategies Fund VI (B), LP
		CENTRAL INDEX KEY:			0001933249
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-309
		FILM NUMBER:		241266361

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Global Credit Fund S.C.A., SICAV-RAIF - Ares European Loan Fund (G)
		CENTRAL INDEX KEY:			0001933250
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-308
		FILM NUMBER:		241266360

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES INSURANCE SOLUTIONS LLC
		CENTRAL INDEX KEY:			0001933252
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-307
		FILM NUMBER:		241266128

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LXI CLO LTD.
		CENTRAL INDEX KEY:			0001933276
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-306
		FILM NUMBER:		241266359

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO XVI Designated Activity Co
		CENTRAL INDEX KEY:			0001933284
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-305
		FILM NUMBER:		241266358

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IVY HILL MIDDLE MARKET CREDIT FUND XVI, LTD.
		CENTRAL INDEX KEY:			0001933285
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-304
		FILM NUMBER:		241266357

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Investments III (K), L.P.
		CENTRAL INDEX KEY:			0001933286
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-303
		FILM NUMBER:		241266356

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IVY HILL MIDDLE MARKET CREDIT FUND XVIII, LTD.
		CENTRAL INDEX KEY:			0001933301
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-301
		FILM NUMBER:		241266355

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO XV Designated Activity Co
		CENTRAL INDEX KEY:			0001933371
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-300
		FILM NUMBER:		241266354

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO XIV Designated Activity Co
		CENTRAL INDEX KEY:			0001933372
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-299
		FILM NUMBER:		241266353

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO XII Designated Activity Co
		CENTRAL INDEX KEY:			0001933379
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-298
		FILM NUMBER:		241266352

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IVY HILL MIDDLE MARKET CREDIT FUND XIV, LTD.
		CENTRAL INDEX KEY:			0001933381
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-297
		FILM NUMBER:		241266351

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO XIII Designated Activity Co
		CENTRAL INDEX KEY:			0001933385
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-296
		FILM NUMBER:		241266350

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INDUSTRIAL PROPERTY ADVISORS SUB III LLC
		CENTRAL INDEX KEY:			0001933390
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-295
		FILM NUMBER:		241266349

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO XI Designated Activity Co
		CENTRAL INDEX KEY:			0001933404
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-294
		FILM NUMBER:		241266348

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IVY HILL MIDDLE MARKET CREDIT FUND XII, LTD
		CENTRAL INDEX KEY:			0001933409
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-293
		FILM NUMBER:		241266347

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AIREX ADVISOR LLC
		CENTRAL INDEX KEY:			0001933410
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-292
		FILM NUMBER:		241266346

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO X Designated Activity Co
		CENTRAL INDEX KEY:			0001933418
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-291
		FILM NUMBER:		241266345

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IVY HILL MIDDLE MARKET CREDIT FUND VIII, LTD.
		CENTRAL INDEX KEY:			0001933420
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-290
		FILM NUMBER:		241266344

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IVY HILL MIDDLE MARKET CREDIT FUND V, LTD.
		CENTRAL INDEX KEY:			0001933426
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-289
		FILM NUMBER:		241266343

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IVY HILL MIDDLE MARKET CREDIT FUND XIX, LTD.
		CENTRAL INDEX KEY:			0001933441
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-287
		FILM NUMBER:		241266342

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AREG Iberian Residential Co-Invest Vehicle SCSp
		CENTRAL INDEX KEY:			0001933517
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-285
		FILM NUMBER:		241266341

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AREG Kennedy Co-Invest S.C.A.
		CENTRAL INDEX KEY:			0001933545
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-284
		FILM NUMBER:		241266340

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AREG MAKENA MANAGEMENT LP
		CENTRAL INDEX KEY:			0001933609
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-282
		FILM NUMBER:		241266339

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Property Enhancement Parallel Partners III SCSp
		CENTRAL INDEX KEY:			0001933621
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-281
		FILM NUMBER:		241266338

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES ALTERNATIVE CREDIT MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001933664
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-280
		FILM NUMBER:		241266337

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HUSH LUX S.A.R.L.
		CENTRAL INDEX KEY:			0001933667
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-279
		FILM NUMBER:		241266336

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Investments IV (A), L.P.
		CENTRAL INDEX KEY:			0001933687
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-278
		FILM NUMBER:		241266335

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Investments IX (AF), L.P.
		CENTRAL INDEX KEY:			0001933688
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-277
		FILM NUMBER:		241266334

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Investments V (X), L.P.
		CENTRAL INDEX KEY:			0001933689
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-276
		FILM NUMBER:		241266333

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LI CLO LTD.
		CENTRAL INDEX KEY:			0001933690
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-275
		FILM NUMBER:		241266332

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Investments VI (N), L.P.
		CENTRAL INDEX KEY:			0001933691
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-274
		FILM NUMBER:		241266331

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Diversified Credit Strategies Fund II (IM), L.P.
		CENTRAL INDEX KEY:			0001933692
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-273
		FILM NUMBER:		241266330

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES DIVERSIFIED REAL ESTATE EXCHANGE LLC
		CENTRAL INDEX KEY:			0001933695
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-272
		FILM NUMBER:		241266329

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO IX Designated Activity Co
		CENTRAL INDEX KEY:			0001933696
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-271
		FILM NUMBER:		241266328

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LII CLO LTD.
		CENTRAL INDEX KEY:			0001933697
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-270
		FILM NUMBER:		241266327

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES EUROPEAN CLO VI Designated Activity Co
		CENTRAL INDEX KEY:			0001933710
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-269
		FILM NUMBER:		241266326

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LIII CLO LTD.
		CENTRAL INDEX KEY:			0001933711
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-268
		FILM NUMBER:		241266325

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES EUROPEAN CLO VII Designated Activity Co
		CENTRAL INDEX KEY:			0001933712
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-267
		FILM NUMBER:		241266324

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LIV CLO LTD.
		CENTRAL INDEX KEY:			0001933713
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-266
		FILM NUMBER:		241266323

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LIX CLO LTD.
		CENTRAL INDEX KEY:			0001933714
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-265
		FILM NUMBER:		241266322

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LOAN FUNDING I, LTD.
		CENTRAL INDEX KEY:			0001933715
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-264
		FILM NUMBER:		241266321

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EIF OREGON, LLC
		CENTRAL INDEX KEY:			0001933716
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-263
		FILM NUMBER:		241266127

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES INDUSTRIAL REAL ESTATE FUND GP LLC
		CENTRAL INDEX KEY:			0001933717
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-262
		FILM NUMBER:		241266320

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European CLO VIII Designated Activity Co
		CENTRAL INDEX KEY:			0001933718
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-261
		FILM NUMBER:		241266319

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LV CLO LTD.
		CENTRAL INDEX KEY:			0001933719
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-260
		FILM NUMBER:		241266318

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Industrial Real Estate Fund LP
		CENTRAL INDEX KEY:			0001933720
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-259
		FILM NUMBER:		241266317

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES INDUSTRIAL REAL ESTATE FUND MANAGER LLC
		CENTRAL INDEX KEY:			0001933721
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-258
		FILM NUMBER:		241266316

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LVI CLO LTD.
		CENTRAL INDEX KEY:			0001933722
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-257
		FILM NUMBER:		241266315

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial Partnership III LLC
		CENTRAL INDEX KEY:			0001933723
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-256
		FILM NUMBER:		241266314

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LVII CLO LTD.
		CENTRAL INDEX KEY:			0001933724
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-255
		FILM NUMBER:		241266313

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial Partnership II LP
		CENTRAL INDEX KEY:			0001933725
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-254
		FILM NUMBER:		241266312

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial Partnership I LP
		CENTRAL INDEX KEY:			0001933726
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-253
		FILM NUMBER:		241266311

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LVIII CLO LTD.
		CENTRAL INDEX KEY:			0001933727
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-252
		FILM NUMBER:		241266310

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES INSTITUTIONAL STRUCTURED CREDIT MANAGEMENT, L.P.
		CENTRAL INDEX KEY:			0001933728
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-251
		FILM NUMBER:		241266309

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Institutional High Yield Master Fund LP
		CENTRAL INDEX KEY:			0001933729
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-250
		FILM NUMBER:		241266308

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LX CLO LTD.
		CENTRAL INDEX KEY:			0001933730
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-249
		FILM NUMBER:		241266307

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Apex Pooling, LLC
		CENTRAL INDEX KEY:			0001933741
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-248
		FILM NUMBER:		241266306

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES ASIP VII MANAGEMENT, L.P.
		CENTRAL INDEX KEY:			0001933761
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-247
		FILM NUMBER:		241266305

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Credit Strategies Insurance Dedicated Fund - Series of SALI Multi Series Fund LP
		CENTRAL INDEX KEY:			0001933809
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-245
		FILM NUMBER:		241266304

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CSF IV MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001933816
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-244
		FILM NUMBER:		241266303

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADREX ADVISOR LLC
		CENTRAL INDEX KEY:			0001933822
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-243
		FILM NUMBER:		241266302

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Warehouse 2021-8 Ltd.
		CENTRAL INDEX KEY:			0001933825
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-242
		FILM NUMBER:		241266301

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACIP INVESTMENT MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001933829
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-241
		FILM NUMBER:		241266300

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AEIF Linden Blocker II LLC
		CENTRAL INDEX KEY:			0001933835
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-240
		FILM NUMBER:		241266299

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Diversified Credit Strategies Fund (S), L.P.
		CENTRAL INDEX KEY:			0001933841
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-239
		FILM NUMBER:		241266298

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Direct Investments (AC) LP
		CENTRAL INDEX KEY:			0001933850
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-238
		FILM NUMBER:		241266297

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Credit Investment Partnership II (A) L.P.
		CENTRAL INDEX KEY:			0001933853
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-237
		FILM NUMBER:		241266296

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AEIF Kleen Investor, LLC
		CENTRAL INDEX KEY:			0001933861
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-236
		FILM NUMBER:		241266295

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK REAL ESTATE PARTNERS VI-OPERS CO-INVESTMENT, L.P.
		CENTRAL INDEX KEY:			0001933873
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-235
		FILM NUMBER:		241266294

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Legacy SCM Aggregator, LLC
		CENTRAL INDEX KEY:			0001933881
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-234
		FILM NUMBER:		241266293

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Asset-Backed Loan Fund LP
		CENTRAL INDEX KEY:			0001933882
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-233
		FILM NUMBER:		241266292

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MC EUROPEAN REAL ESTATE DEBT PARENT LP
		CENTRAL INDEX KEY:			0001933885
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-232
		FILM NUMBER:		241266291

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CIP (V) MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001933888
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-231
		FILM NUMBER:		241266290

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL Investments III PE Series
		CENTRAL INDEX KEY:			0001933900
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-230
		FILM NUMBER:		241266289

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL INVESTMENTS II - RE SERIES
		CENTRAL INDEX KEY:			0001933901
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-229
		FILM NUMBER:		241266288

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL INVESTMENTS II - RA SERIES
		CENTRAL INDEX KEY:			0001933902
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-228
		FILM NUMBER:		241266287

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL INVESTMENTS II - PE SERIES
		CENTRAL INDEX KEY:			0001933903
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-227
		FILM NUMBER:		241266286

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL INVESTMENTS II - OUTSIDE OPPORTUNITIES SERIES B
		CENTRAL INDEX KEY:			0001933904
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-226
		FILM NUMBER:		241266285

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL INVESTMENTS II - OUTSIDE OPPORTUNITIES SERIES A
		CENTRAL INDEX KEY:			0001933905
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-225
		FILM NUMBER:		241266284

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL III - Outside Opportunities B
		CENTRAL INDEX KEY:			0001933926
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-224
		FILM NUMBER:		241266283

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Denali Capital CLO XII, Ltd.
		CENTRAL INDEX KEY:			0001933954
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-223
		FILM NUMBER:		241266282

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares CLO Warehouse 2021-6 Ltd.
		CENTRAL INDEX KEY:			0001933975
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-222
		FILM NUMBER:		241266281

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Denali Capital CLO X, Ltd.
		CENTRAL INDEX KEY:			0001933988
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-221
		FILM NUMBER:		241266280

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Crestline Denali CLO XVII, Ltd.
		CENTRAL INDEX KEY:			0001933991
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-220
		FILM NUMBER:		241266279

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Crestline Denali CLO XV, Ltd.
		CENTRAL INDEX KEY:			0001933992
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-219
		FILM NUMBER:		241266278

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Crestline Denali CLO XIV, Ltd.
		CENTRAL INDEX KEY:			0001933996
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-218
		FILM NUMBER:		241266277

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL INVESTMENTS, L.P. - RE SERIES
		CENTRAL INDEX KEY:			0001933999
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-217
		FILM NUMBER:		241266276

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Crestline Denali CLO XVI, Ltd.
		CENTRAL INDEX KEY:			0001934000
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-216
		FILM NUMBER:		241266275

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CRESTLINE DENALI CAPITAL LLC
		CENTRAL INDEX KEY:			0001934007
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-215
		FILM NUMBER:		241266274

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL INVESTMENTS, L.P. - RA SERIES
		CENTRAL INDEX KEY:			0001934014
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-214
		FILM NUMBER:		241266273

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL INVESTMENTS, L.P. - PE SERIES
		CENTRAL INDEX KEY:			0001934015
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-213
		FILM NUMBER:		241266272

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL Investments III, L.P. Outside Opportunities Series A
		CENTRAL INDEX KEY:			0001934016
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-212
		FILM NUMBER:		241266271

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL Investments III RE Series
		CENTRAL INDEX KEY:			0001934022
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-211
		FILM NUMBER:		241266270

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCL Investments III RA Series
		CENTRAL INDEX KEY:			0001934023
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-210
		FILM NUMBER:		241266269

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRIVATE DEBT STRATEGIES FUND III, L.P.
		CENTRAL INDEX KEY:			0001934028
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-209
		FILM NUMBER:		241266268

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRIVATE DEBT STRATEGIES FUND IV, L.P.
		CENTRAL INDEX KEY:			0001934038
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-208
		FILM NUMBER:		241266267

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRIVATE DEBT STRATEGIES FUND V, L.P.
		CENTRAL INDEX KEY:			0001934047
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-207
		FILM NUMBER:		241266266

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares L CLO Ltd.
		CENTRAL INDEX KEY:			0001934075
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-206
		FILM NUMBER:		241266265

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aspida Re Services Ltd.
		CENTRAL INDEX KEY:			0001934122
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-205
		FILM NUMBER:		241266264

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aspida Re (Bermuda) Ltd.
		CENTRAL INDEX KEY:			0001934143
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-204
		FILM NUMBER:		241266263

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG SECURED LENDING OPPORTUNITIES I-A, L.P.
		CENTRAL INDEX KEY:			0001934156
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-203
		FILM NUMBER:		241266262

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG CAPITAL PARTNERS IV SIDECAR, L.P.
		CENTRAL INDEX KEY:			0001934157
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-202
		FILM NUMBER:		241266261

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG CAPITAL PARTNERS III, LP
		CENTRAL INDEX KEY:			0001934158
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-201
		FILM NUMBER:		241266260

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SSG CAPITAL PARTNERS I SIDE POCKET, L.P.
		CENTRAL INDEX KEY:			0001934159
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-200
		FILM NUMBER:		241266259

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aspida Risk Advisors, LLC
		CENTRAL INDEX KEY:			0001934160
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-199
		FILM NUMBER:		241266258

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BCG BTC III MANAGING MEMBER LLC
		CENTRAL INDEX KEY:			0001934165
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-197
		FILM NUMBER:		241266257

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPRING BRIDGE PARTNERS (PES) FUND, LP
		CENTRAL INDEX KEY:			0001934166
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-196
		FILM NUMBER:		241266256

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cal Ares Real Estate Debt Partners, LLC
		CENTRAL INDEX KEY:			0001934175
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-195
		FILM NUMBER:		241266255

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SHANGHAI SSG INVESTMENT MANAGEMENT Co Ltd
		CENTRAL INDEX KEY:			0001934179
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-194
		FILM NUMBER:		241266254

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Chengdu Ares Yuanjing Equity Investment Fund L.P.
		CENTRAL INDEX KEY:			0001934181
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-193
		FILM NUMBER:		241266253

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHENGDU ARES YUANKANG INVESTMENT MANAGEMENT CO LTD
		CENTRAL INDEX KEY:			0001934182
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-192
		FILM NUMBER:		241266252

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aspida Life Re Ltd.
		CENTRAL INDEX KEY:			0001934206
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-191
		FILM NUMBER:		241266115

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aspida Financial Services, LLC
		CENTRAL INDEX KEY:			0001934216
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-190
		FILM NUMBER:		241266251

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VEF GROUP MANAGEMENT, LLC
		CENTRAL INDEX KEY:			0001934220
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-189
		FILM NUMBER:		241266250

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aspida Holdings Ltd.
		CENTRAL INDEX KEY:			0001934221
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-188
		FILM NUMBER:		241266249

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aspida Life Insurance Co
		CENTRAL INDEX KEY:			0001934234
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-187
		FILM NUMBER:		241266116

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Wafra Venture Master Fund I
		CENTRAL INDEX KEY:			0001934236
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-186
		FILM NUMBER:		241266248

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aspida Holdings LLC
		CENTRAL INDEX KEY:			0001934240
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-185
		FILM NUMBER:		241266247

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK PARTNERS INSURANCE FUND SERIES INTERESTS OF THE SALI MULTI-SERIES FUND, L.P.
		CENTRAL INDEX KEY:			0001934246
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-184
		FILM NUMBER:		241266246

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXXIR CLO Ltd.
		CENTRAL INDEX KEY:			0001934253
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-183
		FILM NUMBER:		241266245

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASOF Direct Investments (A), L.P.
		CENTRAL INDEX KEY:			0001934256
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-182
		FILM NUMBER:		241266244

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK IAM REAL ESTATE PARTNERSHIP V, L.P.
		CENTRAL INDEX KEY:			0001934277
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-181
		FILM NUMBER:		241266243

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Pacific Partners II, L.P.
		CENTRAL INDEX KEY:			0001934278
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-180
		FILM NUMBER:		241266242

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK PACIFIC PARTNERS, L.P. - SERIES A
		CENTRAL INDEX KEY:			0001934279
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-179
		FILM NUMBER:		241266241

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK PACIFIC PARTNERS, L.P. - SERIES B
		CENTRAL INDEX KEY:			0001934280
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-178
		FILM NUMBER:		241266240

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK PACIFIC PARTNERS, L.P. - SERIES C
		CENTRAL INDEX KEY:			0001934281
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-177
		FILM NUMBER:		241266239

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK PARTNERS 1907 FUND III, LP
		CENTRAL INDEX KEY:			0001934282
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-176
		FILM NUMBER:		241266238

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Private Opportunities (FG) 2021, L.P.
		CENTRAL INDEX KEY:			0001934284
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-174
		FILM NUMBER:		241266237

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		860.651.9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK REAL ESTATE PARTNERS V, L.P.
		CENTRAL INDEX KEY:			0001934285
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-173
		FILM NUMBER:		241266236

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK REAL ESTATE PARTNERS VI OFFSHORE, L.P.
		CENTRAL INDEX KEY:			0001934286
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-172
		FILM NUMBER:		241266235

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK REAL ESTATE PARTNERS VII OPERS CO-INVESTMENT, L.P.
		CENTRAL INDEX KEY:			0001934287
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-171
		FILM NUMBER:		241266234

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES HICOF OPERATING MANAGER, L.P.
		CENTRAL INDEX KEY:			0001934302
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-170
		FILM NUMBER:		241266233

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Direct Lending Master Fund II Designated Activity Co
		CENTRAL INDEX KEY:			0001934367
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-169
		FILM NUMBER:		241266232

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLV CLO Ltd.
		CENTRAL INDEX KEY:			0001934562
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-168
		FILM NUMBER:		241266231

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLIX CLO Ltd
		CENTRAL INDEX KEY:			0001934575
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-167
		FILM NUMBER:		241266230

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXVIIIR CLO Ltd.
		CENTRAL INDEX KEY:			0001934589
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-166
		FILM NUMBER:		241266229

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES XX CLO LTD
		CENTRAL INDEX KEY:			0001934591
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-165
		FILM NUMBER:		241266228

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLVI CLO LTD
		CENTRAL INDEX KEY:			0001934592
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-164
		FILM NUMBER:		241266227

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLVIII CLO Ltd.
		CENTRAL INDEX KEY:			0001934600
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-163
		FILM NUMBER:		241266226

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXXIIR CLO Ltd.
		CENTRAL INDEX KEY:			0001934618
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-162
		FILM NUMBER:		241266225

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Multi-Asset Credit Strategies Fund LP
		CENTRAL INDEX KEY:			0001934641
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-161
		FILM NUMBER:		241266224

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES MANAGEMENT LUXEMBOURG S.A R.L.
		CENTRAL INDEX KEY:			0001934648
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-160
		FILM NUMBER:		241266223

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLVII CLO LTD
		CENTRAL INDEX KEY:			0001934656
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-159
		FILM NUMBER:		241266222

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Opportunities (NYC), L.P.
		CENTRAL INDEX KEY:			0001934710
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-158
		FILM NUMBER:		241266221

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES SDL CAPITAL MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001934711
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-157
		FILM NUMBER:		241266220

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARES SDL II CAPITAL MANAGEMENT LLC
		DATE OF NAME CHANGE:	20220621

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Direct Lending Master Fund Designated Activity Co
		CENTRAL INDEX KEY:			0001934714
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-155
		FILM NUMBER:		241266219

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LXII CLO LTD.
		CENTRAL INDEX KEY:			0001934726
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-154
		FILM NUMBER:		241266218

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES PRIVATE DEBT STRATEGIES FUND II, L.P.
		CENTRAL INDEX KEY:			0001934742
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-153
		FILM NUMBER:		241266217

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Direct Lending Parallel Fund (L), L.P.
		CENTRAL INDEX KEY:			0001934759
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-152
		FILM NUMBER:		241266216

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Direct Lending Parallel Fund (U) B, L.P.
		CENTRAL INDEX KEY:			0001934770
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-151
		FILM NUMBER:		241266215

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Direct Lending Parallel Fund (U), L.P.
		CENTRAL INDEX KEY:			0001934795
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-150
		FILM NUMBER:		241266214

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Management Asia (Australia) Pty Ltd
		CENTRAL INDEX KEY:			0001934800
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-149
		FILM NUMBER:		241266213

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARES SSG CAPITAL MANAGEMENT (AUSTRALIA) PTY LTD
		DATE OF NAME CHANGE:	20220622

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Management Asia (Thailand) Ltd
		CENTRAL INDEX KEY:			0001934803
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-148
		FILM NUMBER:		241266212

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARES SSG CAPITAL MANAGEMENT (THAILAND) Ltd
		DATE OF NAME CHANGE:	20220622

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Management Asia (Hong Kong) Ltd
		CENTRAL INDEX KEY:			0001934806
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-147
		FILM NUMBER:		241266211

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARES SSG CAPITAL MANAGEMENT (HONG KONG) Ltd
		DATE OF NAME CHANGE:	20220622

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Management Asia (Mauritius) Ltd
		CENTRAL INDEX KEY:			0001934808
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-146
		FILM NUMBER:		241266210

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARES SSG CAPITAL MANAGEMENT (MAURITIUS) LTD.
		DATE OF NAME CHANGE:	20220622

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Management Asia (Singapore) Pte. Ltd.
		CENTRAL INDEX KEY:			0001934812
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-145
		FILM NUMBER:		241266209

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARES SSG CAPITAL MANAGEMENT (SINGAPORE) PTE. LTD.
		DATE OF NAME CHANGE:	20220622

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES SSG CAPITAL MANAGEMENT Ltd
		CENTRAL INDEX KEY:			0001934821
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-144
		FILM NUMBER:		241266208

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES U.S. CLO MANAGEMENT III LLC - SERIES A
		CENTRAL INDEX KEY:			0001934880
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-143
		FILM NUMBER:		241266207

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLIV CLO Ltd.
		CENTRAL INDEX KEY:			0001934954
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-142
		FILM NUMBER:		241266206

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLIII CLO Ltd.
		CENTRAL INDEX KEY:			0001934955
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-141
		FILM NUMBER:		241266205

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLII CLO Ltd.
		CENTRAL INDEX KEY:			0001934959
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-140
		FILM NUMBER:		241266204

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XLI CLO Ltd
		CENTRAL INDEX KEY:			0001934961
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-139
		FILM NUMBER:		241266203

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XL CLO Ltd
		CENTRAL INDEX KEY:			0001934962
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-138
		FILM NUMBER:		241266202

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Middle Market Credit Fund XVII, Ltd.
		CENTRAL INDEX KEY:			0001935005
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-137
		FILM NUMBER:		241266201

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares SME (Parallel), L.P.
		CENTRAL INDEX KEY:			0001935369
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-520
		FILM NUMBER:		241266183

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDMARK REALTY ADVISORS LLC
		CENTRAL INDEX KEY:			0001936907
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-136
		FILM NUMBER:		241266200

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares PBN Finance Co. II LLC
		CENTRAL INDEX KEY:			0001947001
		ORGANIZATION NAME:           	
		IRS NUMBER:				883231315
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-519
		FILM NUMBER:		241266182

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Credit Investment Partnership (CP), L.P.
		CENTRAL INDEX KEY:			0001948666
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-481
		FILM NUMBER:		241266145

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Targeted Liquid Asset Strategy LP
		CENTRAL INDEX KEY:			0001949172
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-466
		FILM NUMBER:		241266130

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		6462594822

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Credit Investment Partnership (MD), L.P.
		CENTRAL INDEX KEY:			0001949841
		ORGANIZATION NAME:           	
		IRS NUMBER:				883333978
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-480
		FILM NUMBER:		241266144

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Opportunity Parallel Fund IV-B, L.P.
		CENTRAL INDEX KEY:			0001950642
		ORGANIZATION NAME:           	
		IRS NUMBER:				882506527
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-509
		FILM NUMBER:		241266173

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Opportunity Fund IV, L.P.
		CENTRAL INDEX KEY:			0001950643
		ORGANIZATION NAME:           	
		IRS NUMBER:				882700483
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-512
		FILM NUMBER:		241266176

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Opportunity Parallel Fund IV-A, L.P.
		CENTRAL INDEX KEY:			0001950645
		ORGANIZATION NAME:           	
		IRS NUMBER:				882710224
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-511
		FILM NUMBER:		241266175

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares US Real Estate Opportunity Parallel Fund IV-B II, L.P.
		CENTRAL INDEX KEY:			0001950646
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-510
		FILM NUMBER:		241266174

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund VII, L.P.
		CENTRAL INDEX KEY:			0001954454
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-490
		FILM NUMBER:		241266154

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund VII Parallel (Foreign), L.P.
		CENTRAL INDEX KEY:			0001954467
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-488
		FILM NUMBER:		241266152

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund VII Parallel (TE), L.P.
		CENTRAL INDEX KEY:			0001954601
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-489
		FILM NUMBER:		241266153

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares SLR Co-Invest Holdings LP
		CENTRAL INDEX KEY:			0001957112
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-467
		FILM NUMBER:		241266131

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Multi-Credit Fund (IL), LP
		CENTRAL INDEX KEY:			0001958253
		ORGANIZATION NAME:           	
		IRS NUMBER:				884315865
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-474
		FILM NUMBER:		241266138

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS
		STREET 2:		SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe VI (E) II Unlevered, L.P.
		CENTRAL INDEX KEY:			0001958342
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-497
		FILM NUMBER:		241266161

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe VI (E) Unlevered
		CENTRAL INDEX KEY:			0001958387
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-495
		FILM NUMBER:		241266159

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe VI (G) Levered
		CENTRAL INDEX KEY:			0001958478
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-494
		FILM NUMBER:		241266158

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe VI (G) Unlevered
		CENTRAL INDEX KEY:			0001958493
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-493
		FILM NUMBER:		241266157

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe VI (E) II Levered, L.P.
		CENTRAL INDEX KEY:			0001958992
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-498
		FILM NUMBER:		241266162

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Capital Europe VI (E) Levered
		CENTRAL INDEX KEY:			0001958995
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-496
		FILM NUMBER:		241266160

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		10 NEW BURLINGTON STREET, 6TH FLOOR
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES PRIORITY LOAN CO-INVEST LP
		CENTRAL INDEX KEY:			0001960694
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-471
		FILM NUMBER:		241266135

	BUSINESS ADDRESS:	
		STREET 1:		ATTN: GENERAL COUNSEL
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		(646) 259-4822

	MAIL ADDRESS:	
		STREET 1:		ATTN: GENERAL COUNSEL
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Fund V (USD Hedged), L.P.
		CENTRAL INDEX KEY:			0001962096
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-525
		FILM NUMBER:		241266089

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		16, RUE EUGENE RUPPERT
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2453
		BUSINESS PHONE:		44 (20) 7434 6400

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LIMITED
		STREET 2:		16, RUE EUGENE RUPPERT
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2453

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Private Credit Fund O, LLC
		CENTRAL INDEX KEY:			0001964895
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-459
		FILM NUMBER:		241266121

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Credit Investment Partnership (CP) LP
		CENTRAL INDEX KEY:			0001965931
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-468
		FILM NUMBER:		241266132

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		212-750-7300

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CREDIT SECONDARIES LP
		CENTRAL INDEX KEY:			0001966821
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-500
		FILM NUMBER:		241266164

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CREDIT SECONDARIES OFFSHORE LP
		CENTRAL INDEX KEY:			0001966864
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-502
		FILM NUMBER:		241266166

	BUSINESS ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		10 MILL POND LANE
		CITY:			SIMSBURY
		STATE:			CT
		ZIP:			06070

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARCC FB Funding LLC
		CENTRAL INDEX KEY:			0001968675
		ORGANIZATION NAME:           	
		IRS NUMBER:				331089684
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-126
		FILM NUMBER:		241266190

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		301-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Climate Infrastructure Partners II-A, L.P.
		CENTRAL INDEX KEY:			0001970645
		ORGANIZATION NAME:           	
		IRS NUMBER:				920923619
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-517
		FILM NUMBER:		241266180

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Climate Infrastructure Partners II, L.P.
		CENTRAL INDEX KEY:			0001970646
		ORGANIZATION NAME:           	
		IRS NUMBER:				884254529
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-518
		FILM NUMBER:		241266181

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES PATHFINDER FUND II, L.P.
		CENTRAL INDEX KEY:			0001971976
		ORGANIZATION NAME:           	
		IRS NUMBER:				920805758
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-473
		FILM NUMBER:		241266137

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES PATHFINDER FUND II (OFFSHORE), L.P.
		CENTRAL INDEX KEY:			0001972004
		ORGANIZATION NAME:           	
		IRS NUMBER:				920805808
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-472
		FILM NUMBER:		241266136

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AREOF IV Co-Invest P, L.P.
		CENTRAL INDEX KEY:			0001973090
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-483
		FILM NUMBER:		241266147

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Climate Infrastructure Partners II-B, L.P.
		CENTRAL INDEX KEY:			0001975269
		ORGANIZATION NAME:           	
		IRS NUMBER:				923594648
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-516
		FILM NUMBER:		241266114

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES BADGER FUND LP
		CENTRAL INDEX KEY:			0001975649
		ORGANIZATION NAME:           	
		IRS NUMBER:				922273465
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-482
		FILM NUMBER:		241266146

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Acme Private Credit Fund LP
		CENTRAL INDEX KEY:			0001977762
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-484
		FILM NUMBER:		241266148

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES CAPITAL MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		(646) 259-4822

	MAIL ADDRESS:	
		STREET 1:		C/O ARES CAPITAL MANAGEMENT LLC
		STREET 2:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Emerald Private Credit LP
		CENTRAL INDEX KEY:			0001978377
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-479
		FILM NUMBER:		241266143

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(646) 259-4822

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Credit Master Fund (U) III LP
		CENTRAL INDEX KEY:			0001982901
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-486
		FILM NUMBER:		241266150

	BUSINESS ADDRESS:	
		STREET 1:		C/O SDL MANAGEMENT III LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O SDL MANAGEMENT III LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Senior Credit Master Fund III LP
		CENTRAL INDEX KEY:			0001983080
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-485
		FILM NUMBER:		241266149

	BUSINESS ADDRESS:	
		STREET 1:		C/O SDL MANAGEMENT III LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O SDL MANAGEMENT III LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Climate Infrastructure Strategies Fund (C), L.P.
		CENTRAL INDEX KEY:			0001987624
		ORGANIZATION NAME:           	
		IRS NUMBER:				931990282
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-515
		FILM NUMBER:		241266179

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares RE Secondaries Co-Investment AD Fund LP
		CENTRAL INDEX KEY:			0001995748
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-501
		FILM NUMBER:		241266165

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD, SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		860-651-9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD, SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Prime DC Co-Invest Fund, LP
		CENTRAL INDEX KEY:			0001997625
		ORGANIZATION NAME:           	
		IRS NUMBER:				932718143
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-513
		FILM NUMBER:		241266177

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		646-259-4822

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES CREDIT SECONDARIES (LUX) SCSP
		CENTRAL INDEX KEY:			0002000953
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-499
		FILM NUMBER:		241266163

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD, SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD, SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Landmark Real Estate Partners Sunshine Co-Investment Fund, L.P.
		CENTRAL INDEX KEY:			0002001168
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-505
		FILM NUMBER:		241266169

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD, SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		(860) 651-9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD, SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Fund VI (USD O U) LP
		CENTRAL INDEX KEY:			0002003749
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-545
		FILM NUMBER:		241266110

	BUSINESS ADDRESS:	
		STREET 1:		C/O IDF VI GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O IDF VI GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Fund VI (USD U) LP
		CENTRAL INDEX KEY:			0002003918
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-544
		FILM NUMBER:		241266109

	BUSINESS ADDRESS:	
		STREET 1:		C/O IDF VI GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O IDF VI GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Fund VI (USD L) LP
		CENTRAL INDEX KEY:			0002003938
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-546
		FILM NUMBER:		241266111

	BUSINESS ADDRESS:	
		STREET 1:		C/O IDF VI GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O IDF VI GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Luomus Fund, L.P.
		CENTRAL INDEX KEY:			0002004247
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-462
		FILM NUMBER:		241266124

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Opportunities (A) LP
		CENTRAL INDEX KEY:			0002004713
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-470
		FILM NUMBER:		241266134

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Middle Market Credit Fund XX, Ltd.
		CENTRAL INDEX KEY:			0002004740
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-464
		FILM NUMBER:		241266126

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Private Credit Fund C-1 Holdco, LLC - Series 1
		CENTRAL INDEX KEY:			0002004741
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-461
		FILM NUMBER:		241266123

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Private Credit Fund C-1 Holdco, LLC - Series 2
		CENTRAL INDEX KEY:			0002004743
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-460
		FILM NUMBER:		241266122

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Loan Funding III, Ltd.
		CENTRAL INDEX KEY:			0002004784
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-457
		FILM NUMBER:		241266119

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares LXIV CLO Ltd.
		CENTRAL INDEX KEY:			0002004785
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-478
		FILM NUMBER:		241266142

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares LXV CLO Ltd.
		CENTRAL INDEX KEY:			0002004786
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-477
		FILM NUMBER:		241266141

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares LXVI CLO Ltd.
		CENTRAL INDEX KEY:			0002004794
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-476
		FILM NUMBER:		241266140

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares LXVII CLO Ltd.
		CENTRAL INDEX KEY:			0002004795
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-475
		FILM NUMBER:		241266139

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Loan Funding II, Ltd.
		CENTRAL INDEX KEY:			0002004825
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-458
		FILM NUMBER:		241266120

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares XXXVR CLO Ltd.
		CENTRAL INDEX KEY:			0002004967
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-465
		FILM NUMBER:		241266129

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Credit Investment Partnership II CD LP
		CENTRAL INDEX KEY:			0002005017
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-539
		FILM NUMBER:		241266104

	BUSINESS ADDRESS:	
		STREET 1:		C/O CREDIT INVESTMENT II CD GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O CREDIT INVESTMENT II CD GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Private Opportunities (P) LP
		CENTRAL INDEX KEY:			0002005211
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-455
		FILM NUMBER:		241266117

	BUSINESS ADDRESS:	
		STREET 1:		C/O PRIVATE OPPORTUNITIES (P) GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		345-814-5769

	MAIL ADDRESS:	
		STREET 1:		C/O PRIVATE OPPORTUNITIES (P) GP LTD
		STREET 2:		UGLAND HOUSE, PO BOX 309
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Asia (ELP No. 2) L.P.
		CENTRAL INDEX KEY:			0002005495
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-523
		FILM NUMBER:		241266087

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Fund V (ELP), L.P.
		CENTRAL INDEX KEY:			0002005674
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-529
		FILM NUMBER:		241266093

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Fund V (EUR), L.P.
		CENTRAL INDEX KEY:			0002005676
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-528
		FILM NUMBER:		241266092

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Fund V (JPY), L.P.
		CENTRAL INDEX KEY:			0002005681
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-527
		FILM NUMBER:		241266091

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Fund V (Tranche SMA), L.P.
		CENTRAL INDEX KEY:			0002005682
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-526
		FILM NUMBER:		241266090

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares SB Co-Invest Fund, L.P.
		CENTRAL INDEX KEY:			0002006026
		ORGANIZATION NAME:           	
		IRS NUMBER:				881173911
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-469
		FILM NUMBER:		241266133

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Infrastructure Debt Asia (ELP No. 1) L.P.
		CENTRAL INDEX KEY:			0002006027
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-524
		FILM NUMBER:		241266088

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		781-292-7010

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Secondaries Advisors LLC
		CENTRAL INDEX KEY:			0002009545
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-503
		FILM NUMBER:		241266167

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MC European Real Estate Debt Parent II, L.P.
		CENTRAL INDEX KEY:			0002009662
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-504
		FILM NUMBER:		241266168

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Credit Investments VIII (M), L.P
		CENTRAL INDEX KEY:			0002010049
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-487
		FILM NUMBER:		241266151

	BUSINESS ADDRESS:	
		STREET 1:		6TH FLOOR, 10 NEW BURLINGTON STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE
		BUSINESS PHONE:		02074346400

	MAIL ADDRESS:	
		STREET 1:		6TH FLOOR, 10 NEW BURLINGTON STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1S 3BE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Hill Middle Market Credit Fund XXI, Ltd.
		CENTRAL INDEX KEY:			0002010392
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-491
		FILM NUMBER:		241266155

	BUSINESS ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167
		BUSINESS PHONE:		2127102100

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVENUE, 44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Corporate Opportunities Fund VII Parallel (Lux Foreign) SCSp
		CENTRAL INDEX KEY:			0002010409
		ORGANIZATION NAME:           	
		IRS NUMBER:				981718942
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-492
		FILM NUMBER:		241266156

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares MC Credit Secondaries Co LP
		CENTRAL INDEX KEY:			0002010611
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-522
		FILM NUMBER:		241266086

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Management Capital Markets LLC/DE
		CENTRAL INDEX KEY:			0002010870
		ORGANIZATION NAME:           	
		IRS NUMBER:				460898390
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-456
		FILM NUMBER:		241266118

	BUSINESS ADDRESS:	
		STREET 1:		800 CORPORATE POINTE
		STREET 2:		3RD FLOOR
		CITY:			CULVER CITY
		STATE:			CA
		ZIP:			90230
		BUSINESS PHONE:		(310) 432-8708

	MAIL ADDRESS:	
		STREET 1:		800 CORPORATE POINTE
		STREET 2:		3RD FLOOR
		CITY:			CULVER CITY
		STATE:			CA
		ZIP:			90230

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Insurance PE Secondaries Fund I LP
		CENTRAL INDEX KEY:			0002011239
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-537
		FILM NUMBER:		241266102

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		860.651.9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Insurance PE Secondaries Fund II LP
		CENTRAL INDEX KEY:			0002011896
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-536
		FILM NUMBER:		241266101

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		860.651.9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Insurance Infrastructure Secondaries Fund I LP
		CENTRAL INDEX KEY:			0002012015
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-538
		FILM NUMBER:		241266103

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		860.651.9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Insurance RE Secondaries Fund I LP
		CENTRAL INDEX KEY:			0002012019
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-532
		FILM NUMBER:		241266097

	BUSINESS ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107
		BUSINESS PHONE:		860.651.9760

	MAIL ADDRESS:	
		STREET 1:		65 MEMORIAL ROAD
		STREET 2:		SUITE 210
		CITY:			WEST HARTFORD
		STATE:			CT
		ZIP:			06107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares European Property Enhancement Partners IV SCSp
		CENTRAL INDEX KEY:			0002015995
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-543
		FILM NUMBER:		241266108

	BUSINESS ADDRESS:	
		STREET 1:		14-16, AVENUE PASTEUR
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2310
		BUSINESS PHONE:		352-285-5721

	MAIL ADDRESS:	
		STREET 1:		14-16, AVENUE PASTEUR
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2310

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares RTH Co-Invest LP
		CENTRAL INDEX KEY:			0002016403
		ORGANIZATION NAME:           	
		IRS NUMBER:				991601009
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-534
		FILM NUMBER:		241266099

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102014100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AEPEP IV N Strategic Co-Invest, L.P.
		CENTRAL INDEX KEY:			0002021872
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-542
		FILM NUMBER:		241266107

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Core Infrastructure Fund
		CENTRAL INDEX KEY:			0002031750
		ORGANIZATION NAME:           	
		IRS NUMBER:				996541890
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-530
		FILM NUMBER:		241266095

	BUSINESS ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		C/O ARES MANAGEMENT LLC
		STREET 2:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES PRIVATE OPPORTUNITIES (N) LP
		CENTRAL INDEX KEY:			0002032688
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-533
		FILM NUMBER:		241266098

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES MIC ASIA LP
		CENTRAL INDEX KEY:			0002032690
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-541
		FILM NUMBER:		241266106

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LXXI INCOME NOTE LTD.
		CENTRAL INDEX KEY:			0002032693
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-548
		FILM NUMBER:		241266113

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES LXXI CLO LTD.
		CENTRAL INDEX KEY:			0002032694
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-547
		FILM NUMBER:		241266112

	BUSINESS ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		1800 AVENUE OF THE STARS, SUITE 1400
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AREG LEOPARD PARTNERS SCSP
		CENTRAL INDEX KEY:			0002032706
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-531
		FILM NUMBER:		241266096

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES INFRA DEBT STRATEGIES FUND (A), LP
		CENTRAL INDEX KEY:			0002032712
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-540
		FILM NUMBER:		241266105

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES EUROPEAN CREDIT SOLUTIONS FUND (MASTER) FCP
		CENTRAL INDEX KEY:			0002032723
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		
		SEC FILE NUMBER:	812-15483-535
		FILM NUMBER:		241266100

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
</SEC-HEADER>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>No.&nbsp;812-15483</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B><U>U.S.
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECOND AMENDED AND RESTATED APPLICATION FOR AN
ORDER PURSUANT TO SECTIONS 17(d)&nbsp;AND 57(i)&nbsp;OF THE INVESTMENT COMPANY ACT OF 1940 AND RULE 17d-1 UNDER THE ACT TO PERMIT CERTAIN
JOINT TRANSACTIONS OTHERWISE PROHIBITED BY SECTIONS 17(d)&nbsp;AND 57(a)(4)&nbsp;OF THE ACT AND RULE 17d-l UNDER THE ACT</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ares Capital Corporation, Ares Capital CP Funding LLC, Ares
Capital JB Funding LLC, ARCC FB Funding LLC, ACE III Master Fund, L.P., ACIP Investment Management LLC, ACIP Parallel Fund A, L.P.,
ACIP Apex Co-Investment, L.P., ACME Private Credit Fund LP, ACOF Investment Management LLC, ACOF IV ATD Co-Invest, L.P., ACOF
Operating Manager II, L.P., ACOF Operating Manager III, LLC, ACOF Operating Manager IV, LLC, ACOF Operating Manager, L.P., ADREX
Advisor LLC, AEIF Kleen Investor, LLC, AEIF Linden Blocker II LLC, AEPEP III N Strategic Co-Invest, L.P., AEPEP IV N Strategic
Co-Invest, L.P., AF V APR Co-Invest, L.P., AIREX Advisor LLC, Ambition Holdings, L.P., APSecurities Manager LP, AREG AC Makena
Holdings LLC, AREG Iberian Residential Co-Invest Vehicle SCSp, AREG Kennedy Co-Invest S.C.A., AREG Leopard Partners SCSp, AREG LPKC
Partners, L.P., AREG Makena Management L.P., AREOF IV Co-Invest P, L.P., Ares Alternative Credit Management LLC, Ares Apex Pooling,
LLC, Ares Asia Management Ltd, Ares ASIP VII Management, L.P., Ares Asset-Backed Loan Fund LP, Ares Badger Fund LP, Ares Cactus
Operating Manager, L.P., Ares Capital Europe IV (E)&nbsp;Levered, Ares Capital Europe IV (E)&nbsp;Unlevered, Ares Capital Europe IV
(G)&nbsp;Levered, Ares Capital Europe IV (G)&nbsp;Unlevered, Ares Capital Europe V (E)&nbsp;Levered, Ares Capital Europe V
(E)&nbsp;Unlevered, Ares Capital Europe V (G)&nbsp;Levered, Ares Capital Europe V (G)&nbsp;Unlevered, Ares Capital Europe VI
(E)&nbsp;Levered, Ares Capital Europe VI (E)&nbsp;Unlevered, Ares Capital Europe VI (E)&nbsp;II Levered, L.P., Ares Capital Europe
VI (E)&nbsp;II Unlevered, L.P., Ares Capital Europe VI (G)&nbsp;Levered, Ares Capital Europe VI (G)&nbsp;Unlevered, Ares Capital
Europe, L.P., Ares Capital Management LLC, Ares Capital Management II LLC, Ares Capital Management III LLC, Ares Centre Street
Management, L.P., Ares Centre Street Partnership, L.P., Ares CIP (V)&nbsp;Management LLC, Ares Climate Infrastructure Partners,
L.P., Ares Climate Infrastructure Partners II, L.P., Ares Climate Infrastructure Partners II-A, L.P., Ares Climate Infrastructure
Partners II-B, L.P., Ares Climate Infrastructure Strategies Fund (C), L.P., Ares CLO Funding I, L.P., Ares CLO Funding III LP, Ares
CLO Management LLC, Ares CLO Management XXVII, L.P., Ares CLO Management II, LLC, Ares CLO Management IIIR/IVR, L.P., Ares CLO
Management VIR, L.P., Ares CLO Management VR, L.P., Ares CLO Management X, L.P., Ares CLO Management XI, L.P., Ares CLO Management
XX, L.P., Ares CLO Management XXI, L.P., Ares CLO Management XXIX, L.P., Ares CLO Warehouse 2021-6 Ltd., Ares CLO Warehouse 2021-8
Ltd., Ares Commercial Finance LP, Ares Commercial Finance Management, LP, Ares Commercial Real Estate Corporation, Ares Commercial
Real Estate Management LLC, Ares Core Infrastructure Fund, Ares Corporate Opportunities Fund Asia, L.P., Ares Corporate
Opportunities Fund III, L.P., Ares Corporate Opportunities Fund IV, L.P., Ares Corporate Opportunities Fund V, L.P., Ares Corporate
Opportunities Fund VI Parallel (Foreign), L.P., Ares Corporate Opportunities Fund VI Parallel (TE), L.P., Ares Corporate
Opportunities Fund VI, L.P., Ares Corporate Opportunities Fund VII, L.P., Ares Corporate Opportunities Fund VII Parallel (Foreign),
L.P., Ares Corporate Opportunities Fund VII Parallel (Lux Foreign), SCSp, Ares Corporate Opportunities Fund VII Parallel (TE) ,
L.P., Ares Credit Hedge Fund LP, Ares Credit Investment Partnership (CP), L.P., Ares Credit Investment Partnership (MD), L.P., Ares
Credit Investment Partnership I (V)&nbsp;L.P., Ares Credit Investment Partnership II (A), L.P., Ares Credit Investment Partnership
II CD LP, Ares Credit Secondaries LP, Ares Credit Secondaries (Lux) SCSp, Ares Credit Secondaries (Offshore) LP, Ares Credit
Strategies Feeder III UK, L.P., Ares Credit Strategies Fund I, L.P., Ares Credit Strategies Fund III, L.P., Ares Credit Strategies
Insurance Dedicated Fund - Series&nbsp;of SALI Multi Series&nbsp;Fund LP, Ares CSF III Investment Management, LLC, Ares CSF IV
Management LLC, Ares CSF Operating Manager I, LLC, Ares Customized Credit Fund L.P., Ares Direct Finance I LP, Ares Direct
Investments (AC) LP, Ares Direct Lending Opportunities LLC, Ares Direct Lending Opportunities Offshore LLC, Ares Direct Lending
Opportunities Parallel LLC, Ares Diversified Credit Strategies Fund (S), L.P., Ares Diversified Credit Strategies Fund II (IM),
L.P., Ares Diversified Real Estate Exchange LLC, Ares Dynamic Credit Allocation Fund,&nbsp;Inc., Ares EHP Co-Invest Holdings, L.P.,
Ares EIF Management, LLC, Ares Emerald Private Credit LP, Ares Energy Investors Fund V, L.P., Ares Energy Opportunities Fund A,
L.P., Ares Energy Opportunities Fund B, L.P., Ares Energy Opportunities Fund, L.P.,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ares Enhanced Credit Opportunities Investment Management II, LLC,
Ares Enhanced Credit Opportunities Master Fund II,&nbsp;LTD., Ares Enhanced Loan Investment Strategy Advisor IV, L.P., Ares Enhanced
Loan Investment Strategy II,&nbsp;LTD., Ares Enhanced Loan Investment Strategy III,&nbsp;LTD., Ares Enhanced Loan Investment
Strategy IR,&nbsp;LTD., Ares Enhanced Loan Management II, L.P., Ares Enhanced Loan Management III, L.P., Ares Enhanced Loan
Management IR, L.P., Ares EPIC Co-Invest II, L.P., Ares EPIC Co-Invest, L.P., Ares European CLO II B.V., Ares European CLO IX
Designated Activity Company, Ares European CLO VI Designated Activity Company, Ares European CLO VII Designated Activity Company,
Ares European CLO VIII Designated Activity Company, Ares European CLO X Designated Activity Company, Ares European CLO XI Designated
Activity Company, Ares European CLO XII Designated Activity Company, Ares European CLO XIII Designated Activity Company, Ares
European CLO XIV Designated Activity Company, Ares European CLO XV Designated Activity Company, Ares European CLO XVI Designated
Activity Company, Ares European Credit Investments I (C), L.P., Ares European Credit Investments II (G), L.P., Ares European Credit
Investments III (K), L.P., Ares European Credit Investments IV (A), L.P., Ares European Credit Investments V (X), L.P., Ares
European Credit Investments VI (N), L.P., Ares European Credit Investments VII (CP), L.P., Ares European Credit Investments VIII
(M), L.P., Ares European Credit Investments IX (AF), L.P., Ares European Credit Solutions Fund (Master) FCP, Ares European Credit
Strategies Fund II (B), L.P., Ares European Credit Strategies Fund III (A), L.P., Ares European Credit Strategies Fund IV (M), L.P.,
Ares European Credit Strategies Fund IX (C), L.P., Ares European Credit Strategies Fund V (G)&nbsp;L.P., Ares European Credit
Strategies Fund VI (B), LP, Ares European Credit Strategies Fund VII (Palo Verde), L.P., Ares European Credit Strategies Fund X (T),
L.P., Ares European Credit Strategies Fund XI (S), L.P., Ares European Credit Strategies Fund XII (Z), SCSp RAIF - Sub-Fund 1, Ares
European Credit Strategies Fund XII (Z), SCSp RAIF - Sub-Fund 2, Ares European Loan Funding II, Ares European Loan Funding S.L.P.,
Ares European Loan Management LLP, Ares European Property Enhancement Parallel Partners III SCSp, Ares European Property Enhancement
Partners II, L.P., Ares European Property Enhancement Partners III SCSp, Ares European Property Enhancement Partners IV SCSp, Ares
European Real Estate Fund VI SCSp, Ares Global Credit Fund S.C.A., SICAV-RAIF - Ares European Loan Fund (G), Ares Global Credit Fund
S.C.A., SICAV-RAIF - Ares U.S. Loan Fund (G), Ares Global High Grade CLO Debt Fund, L.P., Ares Global Multi-Asset Credit Master
Fund, L.P., Ares Ground Lease Partners, L.P., Ares HICOF Operating Manager, L.P., Ares High Income Credit Opportunities Fund II
(Master) LP, Ares High Income Credit Opportunities Fund, L.P., Ares High Yield Strategies Fund IV Management, L.P., Ares ICOF II
Management, LLC, Ares ICOF II Master Fund, L.P., Ares ICOF III Fund (CAYMAN) LP, Ares ICOF III Fund (Delaware) LP, Ares ICOF III
Management LP, Ares IDF Management LLC, Ares IIIR/IVR CLO LTD., Ares Income Opportunity Fund, L.P., Ares Industrial Real Estate
Exchange LLC, Ares Industrial Real Estate Fund GP LLC, Ares Industrial Real Estate Fund LP, Ares Industrial Real Estate Fund Manager
LLC, Ares Industrial Real Estate Income Trust Inc., Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial
Partnership I LP, Ares Industrial Real Estate Income Trust Inc.- Build-To-Core Industrial Partnership II LP, Ares Industrial Real
Estate Income Trust Inc.-Build-To-Core Industrial Partnership III LLC, Ares Infra Debt Strategies Fund (A), LP, Ares Infrastructure
Debt Fund V (ELP), L.P., Ares Infrastructure Debt Fund V (EUR), L.P., Ares Infrastructure Debt Fund V (GBP Hedged), L.P., Ares
Infrastructure Debt Fund V (JPY), L.P., Ares Infrastructure Debt Fund V (Tranche SMA), L.P., Ares Infrastructure Debt Fund V (USD
Hedged), L.P., Ares Infrastructure Debt Fund VI (USD L) LP, Ares Infrastructure Debt Fund VI (USD O U) LP, Ares Infrastructure Debt
Fund VI (USD U) LP, Ares Infrastructure Debt Asia (ELP No.&nbsp;1) L.P., Ares Infrastructure Debt Asia (ELP No.&nbsp;2) L.P., Ares
Institutional Credit Fund L.P., Ares Institutional High Yield Master Fund LP, Ares Institutional Loan Fund, L.P., Ares Institutional
Structured Credit Management, L.P., Ares Insurance Infrastructure Secondaries Fund I LP, Ares Insurance PE Secondaries Fund I LP,
Ares Insurance PE Secondaries Fund II LP, Ares Insurance RE Secondaries Fund I LP, Ares Jasper Fund, L.P., Ares L CLO Ltd., Ares LI
CLO Ltd., Ares LII CLO Ltd., Ares LIII CLO Ltd., Ares LIV CLO Ltd., Ares LIX CLO Ltd., Ares Loan Funding I,&nbsp;Ltd., Ares Loan
Funding II,&nbsp;Ltd., Ares Loan Funding III,&nbsp;Ltd., Ares Loan Trust 2011, Ares Loan Trust 2016, Ares LV CLO Ltd. (fka Ares CLO
Warehouse 2018-6), Ares LVI CLO Ltd., Ares LVII CLO Ltd., Ares LVIII CLO Ltd., Ares LX CLO Ltd., Ares LXI CLO Ltd., Ares LXII CLO
Ltd., Ares LXIII CLO Ltd., Ares LXIV CLO Ltd., Ares LXV CLO Ltd., Ares LXVI CLO Ltd., Ares LXVII CLO Ltd., Ares LXXI CLO Ltd., Ares
LXXI Income Note Ltd., Ares Management Capital Markets LLC, Ares Management Limited, Ares Management LLC, Ares Management Luxembourg
S.a.r.l., Ares Management UK Limited, Ares Marina Fund, L.P., Ares MC Credit Secondaries Co LP, Ares Mezzanine Management LLC, Ares
Mezzanine Partners, L.P., Ares MIC Asia LP, Ares Midway Partners, L.P., Ares Minerva Co-Invest, L.P., Ares MSCF V
(H)&nbsp;Management LLC, Ares Multi-Asset Credit Strategies Fund LP, Ares Multi-Credit Fund LLC, Ares Multi-Credit Fund (IL) LLC,
Ares Multi-Strategy Credit Fund V (H), L.P., Ares ND Credit Strategies Fund LLC, Ares PA Opportunities Fund, L.P., Ares Pan-European
Logistics Partnership, L.P., Ares Pathfinder Core Fund (Offshore), L.P., Ares Pathfinder Core Fund, L.P., Ares Pathfinder Fund
(Offshore), L.P., Ares Pathfinder Fund, L.P., Ares Pathfinder Fund II, L.P., Ares Pathfinder Fund II (Offshore), L.P., Ares PBN
Finance Co. LLC, Ares PBN Finance Co. II LLC, Ares PE Extended Value Fund LP, Ares PG Co-Invest L.P., Ares Priority Loan Co-Invest
LP, Ares Prime DC Co-Invest Fund, LP, Ares Private Account Management I, L.P., Ares Private Credit Solutions (Cayman), L.P., Ares
Private Credit Solutions (Offshore) II, L.P., Ares Private Credit Solutions II, L.P., Ares Private Credit Solutions, L.P., Ares
Private Debt Strategies Fund II, L.P.,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ares Private Markets Fund, Ares Private
Opportunities (A)&nbsp;LP, Ares Private Opportunities (CP), L.P., Ares Private Opportunities (N)&nbsp;LP, Ares Private Opportunities
(NYC), L.P., Ares Private Opportunities (P)&nbsp;LP, Ares Private Opportunities 2020 (C), LP, Ares RE Secondaries Co-Investment AD
Fund LP, Ares Real Estate Enhanced Income Fund, L.P., Ares Real Estate Management Holdings, LLC, Ares Real Estate Income Trust Inc.,
Ares Real Estate Secured Income Fund, L.P., Ares RF Co-Invest (H), L.P., Ares RF Co-Invest, L.P., Ares RLG Co-Invest Holdings, L.P.,
Ares RTH Co-Invest LP, Ares SB Co-Invest Fund, L.P., Ares SCM Co-Invest III, L.P., Ares Secondaries Advisors LLC, Ares Senior Credit
Investment Partnership (CP) LP, Ares Senior Credit Master Fund (U)&nbsp;III LP, Ares Senior Credit Master Fund III LP, Ares Senior
Direct Lending Master Fund Designated Activity Company, Ares Senior Direct Lending Master Fund II Designated Activity Company, Ares
Senior Direct Lending Parallel Fund (L)&nbsp;II, L.P., Ares Senior Direct Lending Parallel Fund (L), L.P., Ares Senior Direct
Lending Parallel Fund (U)&nbsp;B, L.P., Ares Senior Direct Lending Parallel Fund (U)&nbsp;II, L.P., Ares Senior Direct Lending
Parallel Fund (U), L.P., Ares Senior Loan Trust, Ares Senior Loan Trust Management L.P., Ares SDL Capital Management LLC, Ares SFERS
Credit Strategies Fund LLC, Ares SLR Co-Invest Holdings LP, Ares SME (Parallel), L.P., Ares Special Opportunities Fund (Offshore),
L.P., Ares Special Opportunities Fund, L.P., Ares Special Opportunities Fund II (Jersey A) L.P., Ares Special Opportunities Fund II
(Jersey) L.P., Ares Special Opportunities Fund II (Offshore), L.P., Ares Special Opportunities Fund II, L.P., Ares Special
Situations Fund III, L.P., Ares Special Situations Fund IV, L.P., Ares Sports, Media and Entertainment Finance (Offshore), L.P.,
Ares Sports, Media and Entertainment Finance, L.P., Ares Management Asia (Australia) Pty Ltd, Ares Management Asia (Hong Kong)
Limited, Ares Management Asia (Cayman) Limited, Ares Management Asia (Mauritius) Ltd, Ares Management Asia (Singapore) Pte. Ltd.,
Ares Management Asia (Thailand) Limited, Ares SSG Capital Partners VI, L.P., Ares SSG Excelsior Co-Investment, L.P., Ares Asia
Direct Lending LP, Ares SSG Secured Lending Opportunities III, L.P., Ares Strategic Income Fund, Ares Strategic Investment Partners
IV, Ares Targeted Liquid Asset Strategy LP, Ares UK Credit Strategies, L.P., Ares U.S. CLO Management III LLC &ndash; Series&nbsp;A,
Ares US Real Estate Fund X, L.P., Ares US Real Estate Fund X-A, L.P., Ares US Real Estate Fund X-B, L.P., Ares US Real Estate
Opportunity Fund III, L.P., Ares US Real Estate Opportunity Fund IV, L.P., Ares US Real Estate Opportunity Management, L.P., Ares US
Real Estate Opportunity Parallel Fund III-A, L.P., Ares US Real Estate Opportunity Parallel Fund III-B, L.P., Ares US Real Estate
Opportunity Parallel Fund IV-A, L.P., Ares US Real Estate Opportunity Parallel Fund IV-B II, L.P., Ares US Real Estate Opportunity
Parallel Fund IV-B, L.P., Ares VAL Co-Invest Holdings I, L.P., Ares VAL Co-Invest Holdings II, L.P., Ares VIR CLO LTD., Ares VR
CLO,&nbsp;LTD., Ares X CLO LTD., Ares XI CLO LTD., Ares XL CLO Ltd, Ares XLI CLO Ltd, Ares XLII CLO Ltd., Ares XLIII CLO Ltd., Ares
XLIV CLO Ltd., Ares XLIX CLO Ltd, Ares XLV CLO Ltd., Ares XLVI CLO LTD, Ares XLVII CLO LTD, Ares XLVIII CLO Ltd., Ares XX CLO LTD,
Ares XXI CLO LTD., Ares XXIX CLO LTD, Ares XXVII CLO LTD, Ares XXVIIIR CLO Ltd., Ares XXXIIR CLO Ltd., Ares XXXIR CLO Ltd., ARES
XXXIV CLO LTD., Ares XXXIX CLO Ltd., Ares XXXVII CLO, LTD, Ares XXXVIII CLO, LTD, Ares XXXVR CLO Ltd, ASIP Operating Manager IV,
LLC, ASOF Delaware Feeder, L.P., ASOF Direct Investments (A), L.P., ASOF Investment Management LLC, Ares Insurance Partners, L.P.,
Ares Insurance Solutions LLC, Aspida Holdings Ltd., Aspida Life Re Ltd., Aspida Holdings LLC, Aspida Re (Bermuda) Ltd., Aspida Re
Services Ltd., Aspida Risk Advisors, LLC, Aspida Financial Services, LLC, Aspida Life Insurance Company, ASSF Operating Manager III,
LLC, ASSF Operating Manager IV, L.P., BCG BTC III Managing Member LLC, Cal Ares Real Estate Debt Partners, LLC, Chengdu Ares
Yuanjing Equity Investment Fund L.P., Chengdu Ares Yuankang Investment Management Co Ltd, Chimney Tops Loan Fund, LLC, CION Ares
Diversified Credit Fund, CION Ares Management, LLC, COLTS 2005-2 LTD., Columbus Opportunity Fund, L.P., Crestline Denali Capital
LLC, Crestline Denali CLO XIV,&nbsp;Ltd., Crestline Denali CLO XV,&nbsp;Ltd.,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Crestline Denali CLO XVI,&nbsp;Ltd., Crestline Denali
CLO XVII,&nbsp;Ltd., Denali Capital CLO X,&nbsp;Ltd., Denali Capital CLO XI,&nbsp;Ltd., Denali Capital CLO XII,&nbsp;Ltd., EIF
Channelview Blocker, LLC, EIF Oregon, LLC, Hush Lux S.a.r.l.,&nbsp;Industrial Property Advisors Sub III LLC,&nbsp;Ivy Hill Asset
Management, L.P.,&nbsp;Ivy Hill Investment Holdings, LLC,&nbsp;Ivy Hill Middle Market Credit Fund IV,&nbsp;LTD.,&nbsp;Ivy Hill
Middle Market Credit Fund IX, LTD,&nbsp;Ivy Hill Middle Market Credit Fund V,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund
VII,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund VIII,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund XII, LTD,&nbsp;Ivy
Hill Middle Market Credit Fund XIV, Ltd,&nbsp;Ivy Hill Middle Market Credit Fund XVI,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit
Fund XVII,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund XIX,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund
XX,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund XXI,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund
XVIII,&nbsp;Ltd.,&nbsp;Ivy Hill Revolver Funding LP,&nbsp;Ivy Hill Revolver Funding II LP, Landmark - NYC Fund I, L.P., Landmark
Equity Advisors LLC, Landmark Equity CT Co-Investment Fund I, L.P., Landmark Equity Partners XIII, L.P., Landmark Equity Partners
XIII-A, L.P., Landmark Equity Partners XIV, L.P., Landmark Equity Partners XV, L.P., Landmark Equity Partners XVI Co-Investment
Fund, L.P., Landmark Equity Partners XVI, L.P., Landmark Equity Partners XVII Co-Investment Fund, L.P., Landmark Equity Partners
XVII, L.P, Landmark Equity Partners XVII-B, L.P., Landmark Growth Capital Partners, L.P., Landmark Hudson Partners I, L.P., Landmark
IAM Growth Capital, L.P., Landmark IAM Real Estate Partnership V, L.P., Landmark Infrastructure Partners II, L.P., Landmark Pacific
Partners II, L.P., Landmark Pacific Partners, L.P. &ndash; Series&nbsp;A, Landmark Pacific Partners, L.P. &ndash; Series&nbsp;B,
Landmark Pacific Partners, L.P. &ndash; Series&nbsp;C, Landmark Partners 1907 Fund I, L.P., Landmark Partners 1907 Fund II, L.P.,
Landmark Partners 1907 Fund III, L.P., Landmark Partners Insurance Fund Series&nbsp;Interests of the SALI Multi-Series&nbsp;Fund,
L.P., Landmark Private Opportunities (FG) 2021, L.P., Landmark Realty Advisors LLC, Landmark Real Estate CT Co-Investment Fund I,
L.P., Landmark Real Estate Partners IX Co-Investment Fund, L.P., Landmark Real Estate Partners IX, L.P., Landmark Real Estate
Partners Sunshine Co-Investment Fund, L.P., Landmark Real Estate Partners V, L.P., Landmark Real Estate Partners VI Offshore, L.P.,
Landmark Real Estate Partners VI, L.P., Landmark Real Estate Partners VII Offshore, L.P., Landmark Real Estate Partners VII OPERS
Co-Investment, L.P., Landmark Real Estate Partners VII, L.P., Landmark Real Estate Partners VIII Co-Investment Fund, L.P., Landmark
Real Estate Partners VIII, L.P., Landmark Real Estate Partners VIII-A, L.P., Landmark Real Estate Partners VIII-Campbell
Co-Investment, L.P., Landmark Real Estate Partners IX-Campbell Co-Investment, L.P., Landmark Real Estate Partners VII-IP
Co-Investment, L.P., Landmark Real Estate Partners VI-OPERS Co-Investment, L.P., Landmark Sing Co-Investment Fund I, L.P., Landmark
Tig Co-Investment Fund I, L.P., Landmark TX ERS Co-Investment Fund I, L.P., Landmark TX ERS Co-Investment Fund II, L.P., Legacy SCM
Aggregator, LLC, Luomus Fund, L.P., LWFB Co-Investment Fund I, L.P., MC European Real Estate Debt Parent LP, MC European Real Estate
Debt Parent II, L.P., MC Investments Parent L.P, NCL III - Outside Opportunities B, NCL Investments II - Outside Opportunities
Series&nbsp;A, NCL Investments II - Outside Opportunities Series&nbsp;B, NCL Investments II - PE Series, NCL Investments II - RA
Series, NCL Investments II - RE Series, NCL Investments III PE Series, NCL Investments III RA Series, NCL Investments III RE Series,
NCL Investments III, L.P. Outside Opportunities Series&nbsp;A, NCL Investments, L.P. - PE Series, NCL Investments, L.P. - RA Series,
NCL Investments, L.P. - RE Series, New CARS OP LLC, Passero 18, L.P., Private Credit Fund C-1 Holdco, LLC &ndash; Series&nbsp;1,
Private Credit Fund C-1 Holdco, LLC &ndash; Series&nbsp;2, Private Credit Fund O, LLC, Private Debt Strategies Fund III, L.P.,
Private Debt Strategies Fund IV, L.P., Private Debt Strategies Fund V, L.P., Ares Management Asia (Shanghai) Limited, Spring Bridge
Partners (Longshore), LP, Spring Bridge Partners (PES) Fund, LP, Spring Bridge Partners, L.P., SSG Capital Partners I Side Pocket,
L.P., SSG Capital Partners II, L.P., SSG Capital Partners III, LP, SSG Capital Partners IV SIDECAR, L.P., SSG Capital Partners IV,
L.P., SSG Capital Partners V SIDECAR, L.P., SSG Capital Partners V, L.P., SSG Secured Lending Opportunities I-A, L.P., SSG Secured
Lending Opportunities II, L.P., Wafra Venture Master Fund I, VEF Group Management, LLC</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1800 Avenue of the Stars, Suite&nbsp;1400, Los
Angeles, CA 90067</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>All Communications, Notices and Orders to:</I></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 50%; border: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael J Arougheti<BR>
Chief Executive Officer<BR>
Ares Management Corporation<BR>
1800 Avenue of the Stars, </FONT>Suite&nbsp;1400<BR>
Los Angeles, CA 90067<BR>
(310) 201-4100</TD>
    <TD STYLE="width: 50%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Naseem Sagati Aghili<BR>
General Counsel<BR>
Ares Management Corporation<BR>
1800 Avenue of the Stars, </FONT>Suite&nbsp;1400<BR>
Los Angeles, CA 90067<BR>
(310) 201-4100</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>Copies to:</I></P>

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Kirkland&nbsp;&amp; Ellis LLP<BR>
601 Lexington Avenue<BR>
New York, NY 10022<BR>
(212) 446-4800<BR>
<U>nicole.runyan@kirkland.com</U></FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">August&nbsp;30, 2024</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>I.<U>INTRODUCTION</U></B></P>

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    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Requested Relief</U></B></FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Ares Management LLC and its related entities, identified
in section I.B. below, hereby request an order (the &ldquo;<B><I>Order</I></B>&rdquo;) pursuant to Sections 17(d)&nbsp;and 57(i)&nbsp;of
the Investment Company Act of 1940, as amended (the &ldquo;<B><I>Act</I></B>&rdquo;)<SUP>1</SUP> and Rule&nbsp;17d-1 thereunder<SUP>2</SUP>
authorizing certain joint transactions that otherwise would be prohibited by either or both of Sections 17(d)&nbsp;and 57(a)(4)&nbsp;as
modified by the exemptive rules&nbsp;adopted by the U.S. Securities and Exchange Commission (the &ldquo;<B><I>Commission</I></B>&rdquo;)
under the Act.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In particular, the relief requested in this application
(the &ldquo;<B><I>Application</I></B>&rdquo;) would allow one or more Regulated Funds (including one or more BDC Downstream Funds) and/or
one or more Affiliated Funds (each as defined below) to participate in the same investment opportunities where such participation would
otherwise be prohibited under Section&nbsp;17(d)&nbsp;or 57(a)(4)&nbsp;and the rules&nbsp;under the Act. All existing entities that currently
intend to rely on the Order have been named as Applicants (defined below) and any existing or future entities that may rely on the Order
in the future will comply with its terms and Conditions (defined below) set forth in this Application.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Order would supersede an exemptive order issued
by the Commission on January&nbsp;18, 2017 (as amended, the &ldquo;<B><I>Prior Order</I></B>&rdquo;)<SUP>3</SUP> that was granted pursuant
to Sections 57(a)(4)&nbsp;and 57(i)&nbsp;of the Act and Rule&nbsp;17d-1, with the result that no person will continue to rely on the Prior
Order if the Order is granted. No Regulated Fund or Affiliated Fund that relies on this Order will rely on any other order of the Commission
authorizing co-investment transactions pursuant to Sections 17(d)&nbsp;and 57(i)&nbsp;of the Act and no entity that relies on another
such order of the Commission will rely on this Order.</P>

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    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>B.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Applicants Seeking Relief</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Corporation (<B><I>&ldquo;ARCC&rdquo;</I></B>), a closed-end non-diversified management investment company that has elected to be regulated as a BDC (defined below) under the Act;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Strategic Income Fund (<B><I>&ldquo;ASIF&rdquo;</I></B>), a closed-end non-diversified management investment company that has elected to be regulated as a BDC under the Act;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Management LLC (<B><I>&ldquo;ACM&rdquo;</I></B>), an investment adviser registered with the Commission under the Investment Advisers Act of 1940, as amended (the <B><I>&ldquo;Advisers Act&rdquo;</I></B>), which serves as investment adviser to ARCC and ASIF;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CION Ares Diversified Credit Fund (<B><I>&ldquo;CADEX&rdquo;</I></B>), a diversified, closed-end management investment company registered under the Act;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Markets Fund (<B><I>&ldquo;APMF&rdquo;</I></B>), a non-diversified, closed-end management investment company registered under the Act;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Dynamic Credit Allocation Fund,&nbsp;Inc. (&ldquo;<B><I>ARDC,</I></B>&rdquo; and together with ARCC, ASIF, CADEX and APMF, the &ldquo;<B><I>Existing Regulated Funds</I></B>&rdquo;), a closed-end diversified management investment company registered under the Act;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CION Ares Management LLC (<B><I>&ldquo;CAM&rdquo;</I></B>), an investment adviser registered with the Commission under the Advisers Act, which serves as CADEX&rsquo;s investment adviser;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Management II LLC (<B><I>&ldquo;ACM II,&rdquo; </I></B>and together with ACM and CAM, the &ldquo;<B><I>Existing Advisers to Regulated Funds</I></B>&rdquo;), an investment adviser registered with the Commission under the Advisers Act, which serves as investment adviser to ARDC and APMF, and as sub-adviser to CADEX;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Asset Management L.P. (<B><I>&ldquo;Ivy Hill&rdquo;</I></B>), an investment adviser registered with the Commission under the Advisers Act, that is a wholly owned portfolio company of ARCC;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital CP Funding LLC, Ares Capital JB Funding LLC, and ARCC FB Funding LLC, each of which is a Wholly-Owned Investment Sub (as defined below) of ARCC;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The investment advisers to the Existing Affiliated Funds (defined below) that are identified in Appendix A (&ldquo;<B><I>Existing Advisers to Affiliated Funds,</I></B>&rdquo; and together with the Existing Advisers to Regulated Funds and Ivy Hill, the &ldquo;<B><I>Existing Advisers</I></B>&rdquo;), each of which is registered as an investment adviser under the Advisers Act;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TD STYLE="vertical-align: super; width: 0.25in; text-align: left"><P STYLE="vertical-align: super; margin-top: 0; margin-bottom: 0"><SUP>1</SUP>&nbsp;</P></TD><TD STYLE="text-align: justify">Unless otherwise indicated, all section references herein are to the Act.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="vertical-align: super; text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="vertical-align: super; text-align: left"><SUP>2</SUP></TD><TD STYLE="text-align: justify">Unless otherwise indicated, all rule references herein are
to rules under the Act.</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="vertical-align: super; text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="vertical-align: super; text-align: left"><SUP>3</SUP></TD><TD STYLE="text-align: left"><I>See</I> <U>Ares Capital Corporation,
                                            et al.</U> (File No. 812-13603) Release. No. IC-32427 (January 18, 2017) (order), Release
                                            No. IC-32399 (December 22, 2016) (notice), as amended by <U>Ares Capital Corporation, et
                                            al.</U> (File No. 812-15368) Release. No. IC-34722 (September 30, 2022) (order), Release
                                            No. IC-34699 (September 8, 2022) (notice).</TD></TR>
     </TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The investment vehicles identified
in Appendix A, each of which is a separate and distinct legal entity (i)&nbsp;whose investment adviser (and sub-adviser(s), if any) is
an Adviser, (ii)&nbsp;each of which, other than Aspida Holdings (defined below), would be an investment company but for Section&nbsp;3(c)(1),
3(c)(5)(C)&nbsp;or 3(c)(7)&nbsp;of the Act<SUP>4</SUP> and (iii)&nbsp;that intends to participate in the Co-Investment Program (the &ldquo;<B><I>Existing
Affiliated Funds</I></B>&rdquo;);</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The investment vehicles identified in Appendix B, each of which is a separate and distinct legal entity (i)&nbsp;whose investment adviser (and sub-adviser(s), if any) is an Adviser, (ii)&nbsp;that would be an investment company but for Section&nbsp;3(c)(1)&nbsp;or 3(c)(7)&nbsp;of the Act, (iii)&nbsp;for each of which Ivy Hill serves as the investment adviser and (iv)&nbsp;that intends to participate in the Co-Investment Program (the &ldquo;<B><I>Existing Downstream Ivy Hill Funds</I></B>&rdquo;); and</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The affiliate of the Adviser identified in Appendix A that may, from time to time, hold various financial assets in a principal capacity and that currently intends to participate in the Co-Investment Program (in such capacity, the &ldquo;<B><I>Existing Proprietary Account</I>,</B>&rdquo; together with the Existing Affiliated Funds, the Existing Advisers to Affiliated Funds, the Existing Regulated Funds, the Existing Advisers to Regulated Funds,&nbsp;Ivy Hill, Ares Capital CP Funding LLC, Ares Capital JB Funding LLC, ARCC FB Funding LLC and the Existing Downstream Ivy Hill Funds, the &ldquo;<B><I>Applicants</I></B>&rdquo;).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>C.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Defined Terms</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;Adviser&rdquo;
</I></B></FONT>means the Existing Advisers and any Future Adviser (defined below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Affiliated Fund</I></B>&rdquo;<SUP>5</SUP>
means any Existing Affiliated Fund, any Proprietary Account (defined below), and any entity (a)&nbsp;whose investment adviser (and sub-adviser(s),
if any) is an Adviser, (b)&nbsp;that either (x)&nbsp;would be an investment company but for Section&nbsp;3(c)(1), 3(c)(5)(C)&nbsp;or 3(c)(7)&nbsp;or
(y)&nbsp;relies on Rule&nbsp;3a-7, (c)&nbsp;that intends to participate in the Co-Investment Program, and (d)&nbsp;that is not a BDC Downstream
Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>4</SUP></TD><TD STYLE="text-align: left">Aspida Holdings Ltd. (&ldquo;<B><I>Aspida Holdings</I></B>&rdquo;)
                                            is a portfolio company of Ares Insurance Partners, L.P. (&ldquo;<B><I>AIP</I></B>&rdquo;)
                                            a private fund client advised by Ares Insurance Solutions LLC (&ldquo;<B><I>AIS</I></B>&rdquo;),
                                            a relying adviser of Ares Management LLC (&ldquo;<B><I>Ares</I></B>&rdquo;). Affiliates of
                                            Ares own more than 25% of AIP and thus indirectly Aspida Holdings. Aspida Life Re Limited
                                            (&ldquo;<B><I>Aspida Life</I></B>&rdquo;) and Aspida Life Insurance Company (&ldquo;<B><I>ALIC</I></B>&rdquo;)
                                            are wholly owned subsidiaries of Aspida Holdings. AIS and certain Advisers invest on behalf
                                            of insurance companies and insurance-related businesses pursuant to one or more management
                                            agreements either directly with those insurance companies and insurance-related businesses,
                                            which may be organized in countries other than the United States and some in the United States
                                            (the &ldquo;<B><I>Aspida Advised Accounts</I></B>,&rdquo; and collectively with Aspida Holdings,
                                            ALIC and Aspida Life, &ldquo;<B><I>Aspida</I></B>&rdquo;) or indirectly via sub-advisory
                                            arrangements with Aspida. Aspida invests most of its assets in securities, including investments
                                            in debt issued by private companies. As with the other Affiliated Funds, Aspida and certain
                                            Aspida Advised Accounts are advised by an Adviser pursuant to separate investment management
                                            agreements. Certain Aspida Advised Accounts are excluded from investment company status by
                                            Rule 3a-6 and the United States Aspida Advised Accounts by Section 3(c)(3). In addition,
                                            Aspida Holdings, Aspida Life, ALIC and certain other Aspida Advised Accounts do not come
                                            within the definition of &ldquo;investment company&rdquo; in Section 3(a)(1). Unlike the
                                            other Affiliated Funds, the Aspida Advised Accounts rely on exclusions from investment company
                                            status other than Section 3(c)(1), 3(c)(5)(C) or 3(c)(7). Applicants do not believe that
                                            allowing Aspida to participate in Co-investment Transactions as Affiliated Funds raises any
                                            additional legal or policy concerns not otherwise raised by allowing a Regulated Fund to
                                            co-invest with one or more Affiliated Funds because Aspida is a client of an Adviser the
                                            same way that an Affiliated Fund relying on Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) is a client
                                            of an Adviser. Accordingly, Applicants request that Aspida be permitted to participate in
                                            Co-investment Transactions as Affiliated Funds. Aspida also utilizes wholly-owned subsidiaries
                                            that are themselves excluded from investment company status to hold investments, and Aspida
                                            similarly requests that these wholly-owned subsidiaries be permitted to participate in Co-investment
                                            Transactions on their respective behalves. Although a relatively small portion of Aspida&rsquo;s
                                            assets are managed by an investment adviser that is not an Adviser, only the portion of Aspida&rsquo;s
                                            assets for which an Adviser has investment discretion will participate in Co-investment Transactions.
                                            Nothing in this footnote is intended to preclude Aspida from being an Affiliated Fund in
                                            the future if it instead relies solely on Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) and otherwise
                                            satisfies the criteria for an &ldquo;Affiliated Fund&rdquo; set out in the definition thereof.
                                            The relief requested with respect to Aspida is similar to relief previously granted by the
                                            Commission to permit insurance companies to participate in Co-Investment Transactions as
                                            an Affiliated Fund. See Apollo Investment Corp., et al. (File No. 812-15015), Release No.
                                            IC-34458 (Dec. 29, 2021) (order), IC-34432 (Dec. 3, 2021) (notice).</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left"><SUP>5</SUP></TD><TD STYLE="text-align: left">Affiliated Funds may include funds that are ultimately structured
                                            as collateralized loan obligation funds (&ldquo;<B><I>CLOs</I></B>&rdquo;). Such CLOs would
                                            be investment companies but for the exception provided in Section 3(c)(7) of the Act or their
                                            ability to rely on Rule 3a-7 of the Act. During the investment period of a CLO, the CLO may
                                            engage in certain transactions customary in CLO formations with another Affiliated Fund on
                                            a secondary basis at fair market value. For purposes of the Order, any securities that were
                                            acquired by an Affiliated Fund in a particular Co-Investment Transaction that are then transferred
                                            in such customary transactions to an Affiliated Fund that is or will become a CLO (an &ldquo;<B><I>Affiliated
                                            Fund CLO</I></B>&rdquo;) will be treated as if the Affiliated Fund CLO acquired such securities
                                            in the Co-Investment Transaction. For the avoidance of doubt, any such transfer from an Affiliated
                                            Fund to an Affiliated Fund CLO will be treated as a Disposition (as defined below) and completed
                                            pursuant to terms and conditions of the Application, though Applicants note that the Regulated
                                            Funds would be prohibited from participating in such Disposition by Section 17(a)(2) or Section
                                            57(a)(2) of the Act, as applicable. The participation by any Affiliated Fund CLO in any such
                                            Co-Investment Transaction will remain subject to the Order.</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>BDC</I></B>&rdquo; means a business
development company under the Act.<SUP>6</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>BDC Downstream Fund</I></B>&rdquo;
means either (a)&nbsp;with respect to ARCC, the Downstream Ivy Hill Funds, or (b)&nbsp;with respect to any Regulated Fund that is a BDC,
an entity (i)&nbsp;that the BDC directly or indirectly controls, (ii)&nbsp;that is not controlled by any person other than the BDC (except
a person that indirectly controls the entity solely because it controls the BDC), (iii)&nbsp;that would be an investment company but for
Section&nbsp;3(c)(1)&nbsp;or 3(c)(7)&nbsp;of the Act, (iv)&nbsp;whose investment adviser (and sub-adviser(s), if any) is an Adviser, (v)&nbsp;that
is not a Wholly-Owned Investment Sub and (vi)&nbsp;that intends to participate in the Co-Investment Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Board</I></B><I>&rdquo; </I>means
(i)&nbsp;with respect to a Regulated Fund other than a BDC Downstream Fund, the board of directors (or the equivalent) of the Regulated
Fund and (ii)&nbsp;with respect to a BDC Downstream Fund, the Independent Party of the BDC Downstream Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;Board-Established
Criteria&rdquo; </I></B></FONT>means criteria that the Board of a Regulated Fund may establish from time to time to describe the characteristics
of Potential Co-Investment Transactions (defined below) regarding which the Adviser to the Regulated Fund should be notified under Condition
1. The Board-Established Criteria will be consistent with the Regulated Fund&rsquo;s Objectives and Strategies (defined below). If no
Board-Established Criteria are in effect, then the Regulated Fund&rsquo;s Adviser will be notified of all Potential Co-Investment Transactions
that fall within the Regulated Fund&rsquo;s then-current Objectives and Strategies. Board-Established Criteria will be objective and testable,
meaning that they will be based on observable information, such as, industry/sector of the issuer, minimum EBITDA of the issuer, asset
class of the investment opportunity or required commitment size, and not on characteristics that involve a discretionary assessment. The
Adviser to the Regulated Fund may from time to time recommend criteria for the Board&rsquo;s consideration, but Board-Established Criteria
will only become effective if approved by a majority of the Independent Directors (as defined below). The Independent Directors of a Regulated
Fund may at any time rescind, suspend or qualify their approval of any Board-Established Criteria, though Applicants anticipate that,
under normal circumstances, the Board would not modify these criteria more often than quarterly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Close Affiliate</I></B>&rdquo; means
the Advisers, the Regulated Funds, the Affiliated Funds and any other person described in Section&nbsp;57(b)&nbsp;(after giving effect
to Rule&nbsp;57b-1) in respect of any Regulated Fund (treating any registered investment company or series thereof as a BDC for this purpose)
except for limited partners included solely by reason of the reference in Section&nbsp;57(b)&nbsp;to Section&nbsp;2(a)(3)(D).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;Co-Investment
Program&rdquo;</I></B></FONT> means the proposed co-investment program that would permit one or more Regulated Funds and/or one or more
Affiliated Funds to participate in the same investment opportunities where such participation would otherwise be prohibited under Section&nbsp;57(a)(4)&nbsp;and
Rule&nbsp;17d-1 by (a)&nbsp;co-investing with each other in securities issued by issuers in private placement transactions in which an
Adviser negotiates terms in addition to price;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>7</SUP></FONT>
and (b)&nbsp;making Follow-On Investments (as defined below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Co-Investment Transaction</I></B>&rdquo;
means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub (defined below)) participated together with one or
more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;Disposition&rdquo;
</I></B></FONT>means the sale, exchange or other disposition of an interest in a security of an issuer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Downstream Ivy Hill Funds</I></B>&rdquo;
means any Existing Downstream Ivy Hill Fund or any entity (i)&nbsp;whose investment adviser is Ivy Hill, (ii)&nbsp;that would be an investment
company but for Section&nbsp;3(c)(1)&nbsp;or 3(c)(7), (iii)&nbsp;in which none of ACM, any person affiliated with ACM (other than ARCC
or any entity controlled by ARCC), any of their clients, or Ares Operations LLC (<B><I>&ldquo;Ares Administration&rdquo;</I></B>), is
invested, and (iv)&nbsp;that intends to participate in the Co-Investment Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Eligible Directors</I></B>&rdquo;
means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund&rsquo;s Board eligible
to vote on that Potential Co-Investment Transaction under Section&nbsp;57(o)&nbsp;of the Act (treating any registered investment company
or series thereof as a BDC for this purpose).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;Follow-On
Investment&rdquo;</I></B></FONT> means (i)&nbsp;with respect to a Regulated Fund, an additional investment in the same issuer in which
the Regulated Fund is currently invested; or (ii)&nbsp;with respect to an Affiliated Fund, (X)&nbsp;an additional investment in the same
issuer in which the Affiliated Fund and at least one Regulated Fund are currently invested; or (Y)&nbsp;an investment in an issuer in
which at least one Regulated Fund is currently invested but in which the Affiliated Fund does not currently have an investment. An investment
in an issuer includes, but is not limited to, the exercise of warrants, conversion privileges or other rights to purchase securities of
the issuer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>6</SUP></TD><TD STYLE="text-align: left">Section 2(a)(48) defines a BDC to be any closed-end investment company that operates for the purpose of making investments in securities
described in Section 55(a)(1) through 55(a)(3) and makes available significant managerial assistance with respect to the issuers of such
securities.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left"><SUP>7</SUP></TD><TD STYLE="text-align: left">The term &ldquo;private placement transactions&rdquo; means
                                            transactions in which the offer and sale of securities by the issuer are exempt from registration
                                            under the Securities Act of 1933, as amended (the &ldquo;<B><I>Securities Act</I></B>&rdquo;).</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Future Adviser</I></B>&rdquo; means
any future investment adviser that (i)&nbsp;controls, is controlled by, or is under common control with any of the Existing Advisers (other
than Ivy Hill), (ii)&nbsp;(a)&nbsp;is registered as an investment adviser under the Advisers Act or (b)&nbsp;is a relying adviser of an
investment adviser that is registered under the Advisers Act and that controls, is controlled by, or is under common control with any
of the Existing Advisers (other than Ivy Hill), and (iii)&nbsp;is not a Regulated Fund or a subsidiary of a Regulated Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Future Regulated Fund</I></B>&rdquo;
means a closed-end management investment company (a)&nbsp;that is registered under the Act or has elected to be regulated as a BDC, (b)&nbsp;whose
investment adviser (and sub-adviser(s), if any) is an Adviser other than Ivy Hill, and (c)&nbsp;that intends to participate in the Co-Investment
Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Independent Director</I></B>&rdquo;
means a member of the Board of any relevant entity who is not an &ldquo;interested person&rdquo; as defined in Section&nbsp;2(a)(19) of
the Act. No Independent Director of a Regulated Fund (including any non-interested member of an Independent Party) will have a financial
interest in any Co-Investment Transaction, other than indirectly through share ownership in one or more of the Regulated Funds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Independent Party</I></B>&rdquo; means,
with respect to a BDC Downstream Fund, (i)&nbsp;if the BDC Downstream Fund has a board of directors (or the equivalent), the board or
(ii)&nbsp;if the BDC Downstream Fund does not have a board of directors (or the equivalent), a transaction committee or advisory committee
of the BDC Downstream Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>JT No-Action Letters</I></B>&rdquo;
means <U>SMC Capital,&nbsp;Inc.</U>, SEC No-Action Letter (pub. avail. Sept. 5, 1995) and <U>Massachusetts Mutual Life Insurance Company</U>,
SEC No-Action Letter (pub. avail. June&nbsp;7, 2000).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;Objectives
and Strategies&rdquo; </I></B></FONT>means (i)&nbsp;with respect to any Regulated Fund other than a BDC Downstream Fund, its investment
objectives and strategies, as described in its most current registration statement on Form&nbsp;N-2, other current filings with the Commission
under the Securities Act or under the Securities Exchange Act of 1934, as amended, and its most current report to stockholders, and (ii)&nbsp;with
respect to any BDC Downstream Fund, those investment objectives and strategies described in its disclosure documents (including private
placement memoranda and reports to equity holders) and organizational documents (including operating agreements).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Potential Co-Investment Transaction</I></B>&rdquo;
means any investment opportunity in which a Regulated Fund (or its Wholly-Owned Investment Sub) could not participate together with one
or more Affiliated Funds and/or one or more other Regulated Funds without obtaining and relying on the Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Pre-Boarding Investments</I></B>&rdquo;
are investments in an issuer held by a Regulated Fund as well as one or more Affiliated Funds and/or one or more other Regulated Funds
that were acquired prior to participating in any Co-Investment Transaction:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">in transactions in which the only term negotiated by or on behalf of such funds was price in reliance on one of the JT No-Action Letters; or</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">in transactions occurring at least 90 days apart and without coordination between the Regulated Fund and any Affiliated Fund or other Regulated Fund.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Proprietary Account&rdquo;</I></B>
means the Existing Proprietary Account and any account of an Adviser or its affiliates or any direct or indirect wholly- or majority-owned
subsidiary of an Adviser or its affiliates that (i)&nbsp;from time to time, may hold various financial assets in a principal capacity
and (ii)&nbsp;intends to participate in the Co-Investment Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;Regulated
Funds</I></B></FONT>&rdquo; means the Existing Regulated Funds, the Future Regulated Funds and the BDC Downstream Funds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Related Party</I></B>&rdquo; means
(i)&nbsp;any Close Affiliate and (ii)&nbsp;in respect of matters as to which any Adviser has knowledge, any Remote Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Remote Affiliate</I></B>&rdquo; means
any person described in Section&nbsp;57(e)&nbsp;in respect of any Regulated Fund (treating any registered investment company or series
thereof as a BDC for this purpose) and any limited partner holding 5% or more of the relevant limited partner interests that would be
a Close Affiliate but for the exclusion in that definition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Required Majority</I></B>&rdquo; means
a required majority, as defined in Section&nbsp;57(o)&nbsp;of the Act.<SUP>&#8239;8</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>SBIC Subsidiary</I></B>&rdquo; means
a Wholly-Owned Investment Sub that is licensed by the Small Business Administration (the &ldquo;<B><I>SBA</I></B>&rdquo;) to operate under
the Small Business Investment Act of 1958, as amended, (the &ldquo;<B><I>SBA Act</I></B>&rdquo;) as a small business investment company
(a &ldquo;<B><I>SBIC</I></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>8</SUP></TD><TD STYLE="text-align: left">In the case of a Regulated Fund that is a registered closed-end fund, the Board members that make up the Required Majority will be determined
as if the Regulated Fund were a BDC subject to Section 57(o). In the case of a BDC Downstream Fund with a board of directors (or the equivalent),
the members that make up the Required Majority will be determined as if the BDC Downstream Fund were a BDC subject to Section 57(o). In
the case of a BDC Downstream Fund with a transaction committee or advisory committee, the committee members that make up the Required
Majority will be determined as if the BDC Downstream Fund were a BDC subject to Section 57(o) and as if the committee members were directors
of the fund.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Tradable Security</I></B>&rdquo; means
a security that meets the following criteria at the time of Disposition:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">it trades on a national securities exchange or designated offshore securities market as defined in rule&nbsp;902(b)&nbsp;under the Securities Act;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">it is not subject to restrictive agreements with the issuer or other security holders; and</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">it trades with sufficient volume and liquidity (findings as to which are documented by the Advisers to any Regulated Funds, holding investments in the issuer and retained for the life of the Regulated Fund) to allow each Regulated Fund to dispose of its entire position remaining after the proposed Disposition within a short period of time not exceeding 30 days at approximately the value (as defined by Section&nbsp;2(a)(41)) at which the Regulated Fund has valued the investment.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Wholly-Owned Investment Sub&rdquo;
</I></B>means an entity (i)&nbsp;that is a wholly-owned subsidiary<SUP>&#8239;9</SUP> of a Regulated Fund (with such Regulated Fund at all
times holding, beneficially and of record, directly or indirectly, 95% or more of the voting and economic interests); (ii)&nbsp;whose
sole business purpose is to hold one or more investments on behalf of such Regulated Fund (and, in the case of an SBIC Subsidiary, maintain
a license under the SBA Act and issue debentures guaranteed by the SBA); (iii)&nbsp;with respect to which such Regulated Fund&rsquo;s
Board has the sole authority to make all determinations with respect to the entity&rsquo;s participation under the Conditions to this
Application; and (iv)&nbsp;(A)&nbsp;that would be an investment company but for Section&nbsp;3(c)(1), 3(c)(5)(C)&nbsp;or 3(c)(7)&nbsp;of
the Act, or (B)&nbsp;that qualifies as a real estate investment trust (<B><I>&ldquo;REIT&rdquo;</I></B>) within the meaning of Section&nbsp;856
of the Internal Revenue Code because substantially all of its assets would consist of real properties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>II.<U>APPLICANTS</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each Applicant below may be deemed to be directly
or indirectly controlled by Ares Management Corporation (<B><I>&ldquo;Ares Management&rdquo;</I></B>), a publicly traded corporation and
the parent company of the Advisers. Ares Management thus may be deemed to control the Regulated Funds and the Affiliated Funds. Ares Management,
however, is a holding company and is not an investment adviser, and does not currently offer investment advisory services to any person
and is not expected to do so in the future, and will not be the source of any Potential Co-Investment Transactions under the requested
Order. Accordingly, Ares Management has not been included as an Applicant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ares Capital Corporation</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">ARCC, a Maryland corporation, is a closed-end,
non-diversified management investment company that has elected to be regulated as a BDC under the Act. ARCC&rsquo;s investment objective
is to generate both current income and capital appreciation through debt and equity investments. ARCC invests primarily in first lien
senior secured loans (including &ldquo;unitranche&rdquo; loans, which are loans that combine both senior and subordinated debt, generally
in a first lien position) and second lien senior secured loans. In addition to senior secured loans, ARCC also invests in subordinated
loans (sometimes referred to as mezzanine debt), which in some cases includes an equity component, and preferred equity. To a lesser extent,
ARCC also makes common equity investments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">ARCC&rsquo;s business and affairs are managed under
the direction of a Board, which currently consists of 11 members, six of whom are Independent Directors. ARCC&rsquo;s Board has delegated
daily management and investment authority to ACM pursuant to an investment advisory and management agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>B.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>CION Ares Diversified Credit Fund</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">CADEX, a Delaware statutory trust, is a diversified
closed-end management investment company that is registered under the Act. CADEX&rsquo;s investment objective is to provide superior risk-adjusted
returns across various market cycles by investing in a diversified portfolio of liquid and illiquid asset classes. CADEX seeks to capitalize
on market inefficiencies and relative value opportunities throughout the entire global credit spectrum. CADEX invests primarily in a portfolio
of directly originated loans, secured floating and fixed rate syndicated loans, corporate bonds, asset-backed securities, commercial real
estate loans and other types of credit instruments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">CADEX&rsquo;s business and affairs are managed
under the direction of a Board, which currently consists of nine members, five of whom are Independent Directors. CAM serves as CADEX&rsquo;s
investment adviser and ACM II serves as CADEX&rsquo;s investment sub-adviser.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>C.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ares Dynamic Credit Allocation Fund,&nbsp;Inc.</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">ARDC, a Maryland corporation, is a diversified
closed-end management investment company that is registered under the Act. ARDC&rsquo;s investment objective is to seek an attractive
risk adjusted level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC seeks to achieve
its investment objective by investing primarily in a broad, dynamically managed portfolio of (i)&nbsp;senior secured loans made primarily
to companies whose debt is rated below investment grade, (ii)&nbsp;corporate bonds that are primarily high yield issues rated below investment
grade, (iii)&nbsp;other fixed-income instruments of a similar nature that may be represented by derivatives, and (iv)&nbsp;securities
issued by entities commonly referred to as collateralized loan obligations and other asset-backed securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>9</SUP></TD><TD STYLE="text-align: left">A &ldquo;wholly-owned subsidiary&rdquo; of a person is as defined in Section 2(a)(43) of the Act and means a company 95% or more of the
outstanding voting securities of which are owned by such person.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">ARDC&rsquo;s business and affairs are managed under
the direction of a Board, which currently consists of five members, three of whom are Independent Directors. ACM II serves as ARDC&rsquo;s
investment adviser pursuant to an investment advisory agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>D.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ares Strategic Income Fund</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">ASIF, a Delaware statutory trust, is a closed-end
management investment company that has elected to be regulated as a BDC under the Act. ASIF&rsquo;s investment objective is to generate
current income and, to a lesser extent, long-term capital appreciation. ASIF seeks to invest primarily in first lien senior secured loans,
second lien senior secured loans, subordinated secured and unsecured loans, subordinated debt, which in some cases include equity and/or
preferred components, and other types of credit instruments which may include commercial real estate mezzanine loans, real estate mortgages,
distressed investments, securitized products, notes, bills, debentures, bank loans, convertible and preferred securities, infrastructure
debt and government and municipal obligations, made to or issued by U.S. middle-market companies, which ASIF generally defines as companies
with annual net income before net interest expense, income tax expense, depreciation and amortization between $10 million and $250 million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">ASIF&rsquo;s business and affairs are managed under
the direction of a Board, which currently consists of seven members, four of whom are Independent Directors. ACM serves as ASIF&rsquo;s
investment adviser pursuant to an investment advisory and management agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>E.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ares Private Markets Fund</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">APMF, a Delaware statutory trust, is a non-diversified
closed-end management investment company registered under the Act. APMF&rsquo;s investment objective is to seek attractive long-term capital
appreciation. In pursuing its investment objective, APMF invests in an actively managed portfolio of private equity and other private
assets (collectively, &ldquo;<B><I>Private Assets</I></B>&rdquo;). APMF may gain access to Private Assets through a number of different
approaches, including: (i)&nbsp;secondary purchases of interests in private equity and other private asset funds managed by unaffiliated
asset managers (&ldquo;<B><I>Portfolio Funds</I></B>&rdquo;), including through privately negotiated transactions, from investors in a
Portfolio Fund or directly from the Portfolio Fund (&ldquo;<B><I>Secondary Investments</I></B>&rdquo;); (ii)&nbsp;primary investments
in Portfolio Funds (&ldquo;<B><I>Primary Investments</I></B>&rdquo;); and (iii)&nbsp;direct investments in the equity and/or debt of private
companies, including investments alongside private equity firms (&ldquo;<B><I>Direct Investments</I></B>&rdquo;). APMF expects to invest
principally in Secondary Investments and, to a lesser degree, in Primary Investments and Direct Investments, although the allocation among
those types of investments may vary from time to time. APMF also invests a portion of its assets in a portfolio of liquid assets, including
cash and cash equivalents, liquid fixed-income securities and other credit instruments, and other investment companies, including exchange
traded funds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">APMF&rsquo;s business and affairs are managed under
the direction of a Board, which currently consists of eight members, five of whom are Independent Directors. ACM II serves as APMF&rsquo;s
investment adviser pursuant to an investment advisory agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>F.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ivy Hill and the Existing Downstream Ivy Hill Funds</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Ivy Hill is ARCC&rsquo;s indirect wholly owned
portfolio company that manages the investment and reinvestment of the assets of the Existing Downstream Ivy Hill Funds. Ivy Hill is a
Delaware limited partnership that is registered as an investment adviser under the Advisers Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each of the Existing Downstream Ivy Hill Funds
would be an investment company but for Section&nbsp;3(c)(1)&nbsp;or 3(c)(7)&nbsp;of the Act. As of December&nbsp;31, 2023,&nbsp;Ivy Hill
had assets under management (&ldquo;<B><I>RAUM</I></B>&rdquo;) of approximately $13.7 billion. RAUM is calculated by aggregating the gross
value of all securities accounts for which Ivy Hill provides continuous and regular supervisory or management services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In March&nbsp;2012, ARCC received an exemptive
order under Sections 6(c)&nbsp;and 12(d)(3)&nbsp;of the Act which permits ARCC to own and make additional investments in Ivy Hill, which
is a registered investment adviser under the Advisers Act (the &ldquo;<B><I>12(d)(3)&nbsp;Order&rdquo;</I></B>).<SUP>10</SUP> The conditions
to the 12(d)(3)&nbsp;Order provide that neither Ivy Hill (including members of its investment committee with respect to Covered Information
(as defined below) received in their capacities as such) nor any persons controlled by Ivy Hill (<B><I>&ldquo;Information Providers&rdquo;</I></B>)
will directly or indirectly provide Covered Information to ACM or any person affiliated with ACM (other than ARCC and persons controlled
by ARCC and as necessary to be provided to ACM and Ares Administration to provide advisory and administrative services to ARCC and Ivy
Hill) (such restrictions, the <B><I>&ldquo;12(d)(3)&nbsp;Restrictions&rdquo;</I></B>). <B><I>&ldquo;Covered Information&rdquo; </I></B>is
defined to mean all information except information that: (i)&nbsp;is generally available to the public; (ii)&nbsp;is of the nature that
Information Providers share with unaffiliated market participants at no cost and is not proprietary to the Information Providers; (iii)&nbsp;Information
Providers have obtained from unaffiliated third parties, including but not limited to general market opinions and analyses, analyst reports
and diligence reports, and that such third parties generally make available to others, including market participants in the ordinary course,
at no cost; or (iv)&nbsp;Information Providers have obtained from, or are providing on behalf of, borrowers or potential borrowers or
their advisors, and that such borrowers or advisors generally make available to unaffiliated market participants at no cost upon request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>10</SUP></TD><TD STYLE="text-align: justify"><U>See Ares Capital Corporation, et al.</U> (File No. 812-13840) Release. No. IC-30024 (March 29,
                                                              2012) (order), Release No. IC-29977 (March 9, 2012) (notice).</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants believe that the 12(d)(3)&nbsp;Restrictions
do not interfere with the Applicants&rsquo; ability to comply with the Conditions of this Application because the terms of the Order would
not modify the restrictions in the 12(d)(3)&nbsp;Order and Ivy Hill would comply in all respects with both the Order and the 12(d)(3)&nbsp;Order.
Applicants acknowledge that the requested Order does not grant relief from Sections 17(a)(1), 17(a)(2), 57(a)(1)&nbsp;or 57(a)(2)&nbsp;of
the Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>G.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ares Capital Management</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">ACM, a Delaware limited liability company, is registered
as an investment adviser under the Advisers Act and serves as the investment adviser to ARCC and ASIF. As of December&nbsp;31, 2023, ACM
had RAUM of approximately $68.6 billion. RAUM is calculated by aggregating the gross value of all securities accounts for which ACM provides
continuous and regular supervisory or management services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>H.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ares Capital Management II</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">ACM II, a Delaware limited liability company, is
registered as an investment adviser under the Advisers Act. ACM II serves as investment adviser to ARDC and APMF and as sub-adviser to
CADEX. As of December&nbsp;31, 2023, ACM II had RAUM of approximately $5.3 billion. RAUM is calculated by aggregating the gross value
of all securities accounts for which ACM II provides continuous and regular supervisory or management services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>I.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>CION Ares Management LLC</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">CAM, a Delaware limited liability company, is registered
as an investment adviser under the Advisers Act. CAM serves as investment adviser to CADEX. CAM is a joint venture between affiliates
of Ares Management and affiliates of CION Investment Group, LLC. As of December&nbsp;31, 2023, CAM had RAUM of approximately $4.7 billion.
RAUM is calculated by aggregating the gross value of all securities accounts for which CAM provides continuous and regular supervisory
or management services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>J.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Existing Advisers to Affiliated Funds, Existing Affiliated Funds and Existing Proprietary Account</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Existing Advisers to Affiliated Funds are the
investment advisers to the Existing Affiliated Funds. Each of the Existing Advisers to Affiliated Funds is registered as an investment
adviser under the Advisers Act. A complete list of the Existing Affiliated Funds and the Existing Advisers to Affiliated Funds is included
in Appendix A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The&nbsp;Existing Proprietary Account holds various
financial assets in a principal capacity. Ares Management and its affiliates have various business lines that they may operate through
wholly- or majority-owned subsidiaries, and the subsidiaries that exist and currently intend to participate in the Co-investment Program
have been included as Applicants herein. The Existing Proprietary Account is included in Appendix A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>III.<U>ORDER REQUESTED</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Applicants respectfully request an Order of
the Commission under Sections 17(d)&nbsp;and 57(i)&nbsp;and Rule&nbsp;17d-1 thereunder to permit, subject to the terms and conditions
set forth below in this Application (the <B><I>&ldquo;Conditions&rdquo;</I></B>), a Regulated Fund and one or more other Regulated Funds
and/or one or more Affiliated Funds to enter into Co-Investment Transactions with each other.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Regulated Funds and the Affiliated Funds seek
relief to enter into Co-Investment Transactions because such Co-Investment Transactions would otherwise be prohibited by either or both
of Section&nbsp;17(d)&nbsp;or Section&nbsp;57(a)(4)&nbsp;and the Rules&nbsp;under the Act. This Application seeks relief in order to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">enable the Regulated Funds and Affiliated Funds to avoid, among other things, the practical commercial and/or economic difficulties of trying to structure, negotiate and persuade counterparties to enter into transactions while awaiting the granting of the relief requested in individual applications with respect to each Co-Investment Transaction that arises in the future; and</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">enable the Regulated Funds and the Affiliated Funds to avoid the significant legal and other expenses that would be incurred in preparing such individual applications.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Overview</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each Adviser manages the assets entrusted to it
by its clients in accordance with its fiduciary duty to those clients and, in the case of the BDCs and the registered investment companies,
the Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Advisers have established rigorous processes
for allocating initial investment opportunities, opportunities for subsequent investments in an issuer and dispositions of securities
holdings reasonably designed to treat all clients fairly and equitably. As required by the Prior Order, and as discussed below, these
processes were extended and modified in a manner reasonably designed to ensure that the additional transactions permitted under the requested
Order will both (i)&nbsp;be fair and equitable to the Regulated Funds and the Affiliated Funds and (ii)&nbsp;comply with the Conditions
contained in the Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>The Investment Process</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The investment process consists of three stages:
(i)&nbsp;the identification and consideration of investment opportunities (including follow-on investment opportunities); (ii)&nbsp;order
placement and allocation; and (iii)&nbsp;consideration by each applicable Regulated Fund&rsquo;s Board when a Potential Co-Investment
Transaction is being considered by one or more Regulated Funds, as provided by the Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Identification and Consideration of Investment Opportunities</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Advisers are organized and managed such that
the individual portfolio managers and investment teams responsible for identifying and evaluating investment opportunities and making
investment decisions on behalf of clients are promptly notified of the opportunities. Investment teams are constructed and are typically
led by senior investment professionals and supported by one or more junior investment professionals. Members of the investment team are
selected primarily based on existing relationships with equity sponsors or industry experience. Investment teams lead the due diligence
and structuring processes for new investments and make recommendations to the investment committee. Opportunities for Potential Co-Investment
Transactions may arise when investment advisory personnel of an Adviser become aware of investment opportunities that may be appropriate
for one or more Regulated Funds and one or more Affiliated Funds. The Advisers previously established and will continue to maintain and
implement policies and procedures reasonably designed to ensure that, when such opportunities arise, the Advisers to the relevant Regulated
Funds are promptly notified and receive the same information about the opportunity as any other Advisers considering the opportunity for
their clients. In particular, consistent with Condition 1, if a Potential Co-Investment Transaction falls within the then-current Objectives
and Strategies and any Board-Established Criteria of a Regulated Fund, the policies and procedures require that the relevant portfolio
managers, investment teams and/or investment committees responsible for that Regulated Fund receive sufficient information to allow the
Regulated Fund&rsquo;s Adviser to make its independent determination and recommendations under Conditions 1, 2(a), 6, 7, 8 and 9 (as applicable).<SUP>11</SUP>
In addition, the policies and procedures specify the individuals or roles responsible for carrying out the policies and procedures, including
ensuring that the Advisers receive such information. After receiving notification of a Potential Co-Investment Transaction under Condition
1(a), the Adviser to each applicable Regulated Fund, working through the applicable portfolio manager, or in conjunction with any applicable
investment team or investment committee, will then make an independent determination of the appropriateness of the investment for the
Regulated Fund, in light of the Regulated Fund&rsquo;s then-current circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants represent that the investment advisory
personnel of the Advisers to the Regulated Funds are charged with making sure they identify, and participate in this process with respect
to, each investment opportunity that falls within the Objectives and Strategies and Board-Established Criteria of each Regulated Fund.
Applicants assert that the Advisers&rsquo; allocation policies and procedures are structured so that the relevant investment advisory
personnel for each Regulated Fund will be promptly notified of all Potential Co-Investment Transactions that fall within the then-current
Objectives and Strategies and Board-Established Criteria of such Regulated Fund and that the Advisers will undertake to perform these
duties regardless of whether the Advisers serve as investment adviser or sub-adviser to the Regulated Funds or Affiliated Funds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Order Placement and Allocation</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Advisers have each adopted and are all subject
to the &ldquo;Investment Allocation, Aggregation of Orders and Co-Investments&rdquo; Policy included in the Ares Management Global Compliance
and Ethics Manual (the &ldquo;<B><I>Allocation Policy</I></B>&rdquo;), which provides that all investment opportunities will be allocated
among their respective client accounts on a basis that over a period of time is fair and equitable to each client account relative to
other clients consistent with any fiduciary duties owed to clients and in an effort to avoid favoring one client over another, taking
into account all relevant facts and circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>General</U></FONT>.
If the Adviser to a Regulated Fund deems the Regulated Fund&rsquo;s participation in any Potential Co-Investment Transaction to be appropriate,
it will, working through the applicable portfolio manager or in conjunction with any applicable investment team or investment committee,
formulate a recommendation regarding the proposed allocation for the Regulated Fund. In doing so, the Adviser and any applicable investment
team or investment committee may consider such factors, among others, as available capital; investment objectives or current investment
strategies; risk profiles; regulatory issues, restrictions, concentrations and diversity limits; industry restrictions; potential conflicts
of interest; the effects of current and anticipated market and general economic conditions as they relate to the Regulated Fund; existing
and prior positions in an issuer or security; and such other matters as may be reasonably taken into account by the Adviser.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Allocation
Procedure</U></FONT>. For each Regulated Fund and Affiliated Fund whose Adviser recommends participating in a Potential Co-Investment
Transaction, the Adviser will submit a proposed allocation to an allocation committee for the area in question (e.g., credit, private
equity, real estate) on which senior management, legal and compliance personnel participate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>11</SUP></TD><TD STYLE="text-align: left">Representatives from each Adviser to a Regulated Fund are members of each investment team or investment committee, or are otherwise entitled
to participate in each meeting of any investment team or investment committee, that is expected to approve or reject recommended investment
opportunities falling within its Regulated Funds&rsquo; Objectives and Strategies and Board-Established Criteria. Accordingly, the policies
and procedures may provide, for example, that the Adviser will receive the information required under Condition 1 in conjunction with
its representatives&rsquo; participation in the relevant investment team or investment committee. The investment teams recommend investments
to the respective investment committee for its review and approval and such approval is documented.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">At this stage, each proposed allocation may
be reviewed and adjusted, in accordance with the Allocation Policy.<SUP>12 </SUP> Prior to the External Submission (as defined
below), the proposed allocation will be submitted to the internal investment operations and trading functions, which are comprised
of a group of operations professionals and individual traders who collect and execute trades. The proposed allocation to a Regulated
Fund or Affiliated Fund resulting from this process is referred to as its &ldquo;<B><I>Internal Order</I></B>.&rdquo; The Internal
Order of participating Regulated Funds will be submitted for approval by the Required Majority of any participating Regulated Funds
in accordance with the Conditions and as discussed in Section&nbsp;III.A.1.c. below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If the aggregate Internal Orders for a Potential
Co-Investment Transaction do not exceed the size of the investment opportunity immediately prior to the submission of the orders to the
counterparty, underwriter, broker, dealer or issuer, as applicable (the <I>&ldquo;<B>External Submission</B>&rdquo;</I>), then each Internal
Order will be fulfilled as placed. If, on the other hand, the aggregate Internal Orders for a Potential Co-Investment Transaction exceed
the size of the investment opportunity immediately prior to the External Submission, then the allocation of the opportunity will be made
pro rata on the basis of the size of the Internal Orders.<SUP>13</SUP> If, subsequent to such External Submission, the size of the opportunity
is increased or decreased, or if the terms of such opportunity, or the facts and circumstances applicable to the Regulated Funds&rsquo;
or the Affiliated Funds&rsquo; consideration of the opportunity, change, the participants will be permitted to submit revised Internal
Orders in accordance with the Allocation Policy; provided that, if the size of the opportunity is decreased such that the aggregate of
the original Internal Orders would exceed the amount of the remaining investment opportunity, then upon submitting any revised order
amount to the Board of a Regulated Fund for approval, the Adviser to the Regulated Fund will also notify the Board promptly of the amount
that the Regulated Fund would receive if the remaining investment opportunity were allocated pro rata on the basis of the size of the
original Internal Order. The Board of the Regulated Fund will then either approve or disapprove of the investment opportunity in accordance
with Condition 2, 6, 7, 8 or 9, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Compliance</U></FONT>.
The Applicants represent that the Advisers&rsquo; allocation review process is a robust process designed as part of their overall compliance
policies and procedures to ensure that every client is treated fairly and that the Advisers are following the Allocation Policy. The entire
allocation process is monitored and reviewed by the compliance team, including the chief compliance officer, of the applicable Adviser,
and approved by the Board of each Regulated Fund as it applies to such Regulated Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval of Potential Co-Investment Transactions</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A Regulated Fund will enter into a Potential Co-Investment
Transaction with one or more other Regulated Funds and/or Affiliated Funds only if, prior to the Regulated Fund&rsquo;s participation
in the Potential Co-Investment Transaction, the Required Majority approves it in accordance with the Conditions of this Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In the case of a BDC Downstream Fund with an Independent
Party consisting of a transaction committee or advisory committee, the individuals on the committee would possess experience and training
comparable to that of the directors of the parent Regulated Fund and sufficient to permit them to make informed decisions on behalf of
the applicable BDC Downstream Fund. Applicants represent that the Independent Parties of the BDC Downstream Funds would be bound (by law
or by contract enforceable by such Independent Party) by fiduciary duties comparable to those applicable to the directors of the parent
Regulated Fund, including a duty to act in the best interests of their respective funds when approving transactions. These duties would
apply in the case of all Potential Co-Investment Transactions, including transactions that could present a conflict of interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Further, Applicants believe that the existence
of differing routes of approval between the BDC Downstream Funds and other Regulated Funds would not result in Applicants investing through
the BDC Downstream Funds in order to avoid obtaining the approval of a Regulated Fund&rsquo;s Board. Each Regulated Fund and BDC Downstream
Fund has its own Objectives and Strategies and may have its own Board-Established Criteria, the implementation of which depends on the
specific circumstances of the entity&rsquo;s portfolio at the time an investment opportunity is presented. As noted above, consistent
with its duty to its BDC Downstream Funds, the Independent Party must reach a conclusion on whether or not an investment is in the best
interest of its relevant BDC Downstream Funds. An investment made solely to avoid an approval requirement at the Regulated Fund level
should not be viewed as in the best interest of the entity in question and, thus, would not be approved by the Independent Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A Regulated Fund may participate in Pro Rata Dispositions
(defined below) and Pro Rata Follow-On Investments (defined below) without obtaining prior approval of the Required Majority in accordance
with Conditions 6(c)(i)&nbsp;and 8(b)(i).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left; width: 0.25in"><SUP>12</SUP></TD><TD STYLE="text-align: justify">The reason for any such adjustment to a proposed allocation will be documented in writing and preserved for the records of the Advisers.</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left"><SUP>13</SUP></TD><TD STYLE="text-align: left">The Advisers will maintain records of all proposed allocations, Internal Orders and External Submissions in conjunction with Potential
Co-Investment Transactions. Each applicable Adviser will provide the Eligible Directors with information concerning the Affiliated Funds&rsquo;
and Regulated Funds&rsquo; order sizes to assist the Eligible Directors with their review of the applicable Regulated Fund&rsquo;s investments
for compliance with the Conditions.</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Delayed Settlement</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All Regulated Funds and Affiliated Funds participating
in a Co-Investment Transaction will invest at the same time, for the same price and with the same terms, conditions, class, registration
rights and any other rights, so that none of them receives terms more favorable than any other. However, the settlement date for an Affiliated
Fund in a Co-Investment Transaction may occur up to ten business days after the settlement date for the Regulated Fund, and vice versa.
Nevertheless, in all cases, (i)&nbsp;the date on which the commitment of the Affiliated Funds and Regulated Funds is made will be the
same even where the settlement date is not, and (ii)&nbsp;the earliest settlement date and the latest settlement date of any Affiliated
Fund or Regulated Fund participating in the transaction will occur within ten business days of each other.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Permitted Follow-On Investments and Approval of Follow-On Investments</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">From time to time the Regulated Funds and Affiliated
Funds may have opportunities to make Follow-On Investments in an issuer in which a Regulated Fund and one or more other Regulated Funds
and/or Affiliated Funds previously have invested and continue to hold an investment. The Order, if granted, would permit Affiliated Funds
to participate in Follow-On Investments in issuers in which at least one Regulated Fund is invested, but such Affiliated Funds are not
invested. This relief would not permit Follow-On Investments by Regulated Funds that are not invested in the issuer. If the Order is granted,
Follow-On Investments will be made in a manner that, over time, is fair and equitable to all of the Regulated Funds and Affiliated Funds
and in accordance with the proposed procedures discussed above and with the Conditions of the Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Order would divide Follow-On Investments into
two categories depending on whether the Regulated Funds and Affiliated Funds holding investments in the issuer previously participated
in a Co-Investment Transaction with respect to the issuer and continue to hold any securities acquired in a Co-Investment Transaction
for that issuer. If such Regulated Funds and Affiliated Funds have previously participated in a Co-Investment Transaction with respect
to the issuer, then the terms and approval of the Follow-On Investment would be subject to the process discussed in Section&nbsp;III.A.3.a.
below and governed by Condition 8. These Follow-On Investments are referred to as &ldquo;<B><I>Standard Review Follow-Ons</I></B>.&rdquo;
If such Regulated Funds and Affiliated Funds have not previously participated in a Co-Investment Transaction with respect to the issuer,
then the terms and approval of the Follow-On Investment would be subject to the &ldquo;onboarding process&rdquo; discussed in Section&nbsp;III.A.3.b.
below and governed by Condition 9. These Follow-On Investments are referred to as &ldquo;Enhanced Review Follow-Ons.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Standard Review Follow-Ons</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A Regulated Fund may invest in Standard Review
Follow-Ons either with the approval of the Required Majority using the procedures required under Condition 8(c)&nbsp;or, where certain
additional requirements are met, without Board approval under Condition 8(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A Regulated Fund may participate in a Standard
Review Follow-On without obtaining the prior approval of the Required Majority if it is (i)&nbsp;a Pro Rata Follow-On Investment or (ii)&nbsp;a
Non-Negotiated Follow-On Investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A &ldquo;<B><I>Pro Rata Follow-On Investment</I></B>&rdquo;
is a Follow-On Investment (i)&nbsp;in which the participation of each Affiliated Fund and each Regulated Fund is proportionate to its
outstanding investments in the issuer or security, as appropriate,<SUP>14</SUP> immediately preceding the Follow-On Investment, and
(ii)&nbsp;in the case of a Regulated Fund, a majority of the Board has approved the Regulated Fund&rsquo;s participation in the pro rata
Follow-On Investments as being in the best interests of the Regulated Fund. The Regulated Fund&rsquo;s Board may refuse to approve, or
at any time rescind, suspend or qualify, their approval of Pro Rata Follow-On Investments, in which case all subsequent Follow-On Investments
will be submitted to the Regulated Fund&rsquo;s Eligible Directors in accordance with Condition 8(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A &ldquo;<B><I>Non-Negotiated Follow-On Investment</I></B>&rdquo;
is a Follow-On Investment in which a Regulated Fund participates together with one or more Affiliated Funds and/or one or more other Regulated
Funds (i)&nbsp;in which the only term negotiated by or on behalf of the funds is price and (ii)&nbsp;with respect to which, if the transaction
were considered on its own, the funds would be entitled to rely on one of the JT No-Action Letters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants believe that these Pro Rata and Non-Negotiated
Follow-On Investments do not present a significant opportunity for overreaching on the part of any Adviser and thus do not warrant the
time or the attention of the Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pro Rata Follow-On Investments and Non-Negotiated
Follow-On Investments remain subject to the Board&rsquo;s periodic review in accordance with Condition 10.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>14</SUP></TD><TD STYLE="text-align: justify">See footnote 30 below.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Enhanced Review Follow-Ons</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">One or more Regulated Funds and/or one or more
Affiliated Funds holding Pre-Boarding Investments may have the opportunity to make a Follow-On Investment that is a Potential Co-Investment
Transaction in an issuer with respect to which they have not previously participated in a Co-Investment Transaction. In these cases, the
Regulated Funds and Affiliated Funds may rely on the Order to make such Follow-On Investment subject to the requirements of Condition
9. These enhanced review requirements constitute an &ldquo;onboarding process&rdquo; whereby Regulated Funds and Affiliated Funds may
utilize the Order to participate in Co-Investment Transactions even though they already hold Pre-Boarding Investments. For a given issuer,
the participating Regulated Funds and Affiliated Funds need to comply with these requirements only for the first Co-Investment Transaction.
Subsequent Co-Investment Transactions with respect to the issuer will be governed by Condition 8 under the standard review process.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Dispositions</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Regulated Funds and Affiliated Funds may be
presented with opportunities to sell, exchange or otherwise dispose of securities in a transaction that would be prohibited by Rule&nbsp;17d-1
or Section&nbsp;57(a)(4), as applicable. If the Order is granted, such Dispositions will be made in a manner that, over time, is fair
and equitable to all of the Regulated and Affiliated Funds and in accordance with procedures set forth in the proposed Conditions to the
Order and discussed below.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Order would divide these Dispositions into
two categories: (i)&nbsp;if the Regulated Funds and Affiliated Funds holding investments in the issuer have previously participated in
a Co-Investment Transaction with respect to the issuer and continue to hold any securities acquired in a Co-Investment Transaction for
such issuer, then the terms and approval of the Disposition (hereinafter referred to as &ldquo;<B><I>Standard Review Dispositions</I></B>&rdquo;)
would be subject to the process discussed in Section&nbsp;III.A.4.a. below and governed by Condition 6; and (ii)&nbsp;if the Regulated
Funds and Affiliated Funds have not previously participated in a Co-Investment Transaction with respect to the issuer, then the terms
and approval of the Disposition (hereinafter referred to as &ldquo;<B><I>Enhanced Review Dispositions</I></B>&rdquo;) would be subject
to the same &ldquo;onboarding process&rdquo; discussed in Section&nbsp;III.A.4.b. below and governed by Condition 7.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Standard Review Dispositions</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A Regulated Fund may participate in a Standard
Review Disposition either with the approval of the Required Majority using the standard procedures required under Condition 6(d)&nbsp;or,
where certain additional requirements are met, without Board approval under Condition 6(c).</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A Regulated Fund may participate in a Standard
Review Disposition without obtaining the prior approval of the Required Majority if (i)&nbsp;the Disposition is a Pro Rata Disposition
or (ii)&nbsp;the securities are Tradable Securities and the Disposition meets the other requirements of Condition 6(c)(ii).</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A &ldquo;<B><I>Pro Rata Disposition</I></B>&rdquo;
is a Disposition (i)&nbsp;in which the participation of each Affiliated Fund and each Regulated Fund is proportionate to its outstanding
investment in the security subject to Disposition immediately preceding the Disposition;<SUP>15</SUP> and (ii)&nbsp;in the case of
a Regulated Fund, a majority of the Board has approved the Regulated Fund&rsquo;s participation in pro rata Dispositions as being in the
best interests of the Regulated Fund. The Regulated Fund&rsquo;s Board may refuse to approve, or at any time rescind, suspend or qualify,
their approval of Pro Rata Dispositions, in which case all subsequent Dispositions will be submitted to the Regulated Fund&rsquo;s Eligible
Directors.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In the case of a Tradable Security, approval of
the required majority is not required for the Disposition if: (x)&nbsp;the Disposition is not to the issuer or any affiliated person of
the issuer;<SUP>16</SUP> and (y)&nbsp;the security is sold for cash in a transaction in which the only term negotiated by or on behalf
of the participating Regulated Funds and Affiliated Funds is price. Pro Rata Dispositions and Dispositions of a Tradable Security remain
subject to the Board&rsquo;s periodic review in accordance with Condition 10.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Enhanced Review Dispositions</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">One or more Regulated Funds and one or more Affiliated
Funds that have not previously participated in a Co-Investment Transaction with respect to an issuer may have the opportunity to make
a Disposition of Pre-Boarding Investments in a Potential Co-Investment Transaction. In these cases, the Regulated Funds and Affiliated
Funds may rely on the Order to make such Disposition subject to the requirements of Condition 7. As discussed above, with respect to investment
in a given issuer, the participating Regulated Funds and Affiliated Funds need only complete the onboarding process for the first Co-Investment
Transaction, which may be an Enhanced Review Follow-On or an Enhanced Review Disposition.<SUP>17</SUP> Subsequent Co-Investment Transactions
with respect to the issuer will be governed by Condition 6 or 8 under the standard review process.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>15</SUP></TD><TD STYLE="text-align: justify">See footnote 28 below.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left"><SUP>16</SUP></TD><TD STYLE="text-align: left">In the case of a Tradable Security, Dispositions to the issuer or an affiliated person of the issuer are not permitted so that funds participating
in the Disposition do not benefit to the detriment of Regulated Funds that remain invested in the issuer. For example, if a Disposition
of a Tradable Security were permitted to be made to the issuer, the issuer may be reducing its short term assets (i.e., cash) to pay down
long term liabilities.</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left"><SUP>17</SUP></TD><TD STYLE="text-align: left">However, with respect to an issuer, if a Regulated Fund&rsquo;s first Co-Investment Transaction is an Enhanced Review Disposition, and
the Regulated Fund does not dispose of its entire position in the Enhanced Review Disposition, then before such Regulated Fund may complete
its first Standard Review Follow-On in such issuer, the Eligible Directors must review the proposed Follow-On Investment not only on a
stand-alone basis but also in relation to the total economic exposure in such issuer (i.e., in combination with the portion of the Pre-Boarding
Investment not disposed of in the Enhanced Review Disposition), and the other terms of the investments. This additional review is required
because such findings were not required in connection with the prior Enhanced Review Disposition, but they would have been required had
the first Co-Investment Transaction been an Enhanced Review Follow-On</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Use of Wholly-Owned Investment Subs</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A Regulated Fund may, from time to time, form one
or more Wholly-Owned Investment Subs. Such a subsidiary may be prohibited from investing in a Co-Investment Transaction with a Regulated
Fund (other than its parent) or any Affiliated Fund because it would be a company controlled by its parent Regulated Fund for purposes
of Section&nbsp;57(a)(4)&nbsp;and Rule&nbsp;17d-1. Applicants request that each Wholly-Owned Investment Sub be permitted to participate
in Co-Investment Transactions in lieu of the applicable parent Regulated Fund that owns it and that the Wholly-Owned Investment Sub&rsquo;s
participation in any such transaction be treated, for purposes of the Order, as though the parent Regulated Fund were participating directly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants note that an entity could not be both
a Wholly-Owned Investment Sub and a BDC Downstream Fund because, in the former case, the Board of the parent Regulated Fund makes any
determinations regarding the subsidiary&rsquo;s investments while, in the latter case, the Independent Party makes such determinations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>B.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Applicable Law</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>Section&nbsp;17(d)&nbsp;and Section&nbsp;57(a)(4)</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;17(d)&nbsp;of the Act generally prohibits
an affiliated person (as defined in Section&nbsp;2(a)(3)&nbsp;of the Act), or an affiliated person of such affiliated person, of a registered
investment company acting as principal, from effecting any transaction in which the registered investment company is a joint or a joint
and several participant, in contravention of such rules&nbsp;as the Commission may prescribe for the purpose of limiting or preventing
participation by the registered investment company on a basis different from or less advantageous than that of such other participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Similarly, with regard to BDCs, Section&nbsp;57(a)(4)&nbsp;prohibits
certain persons specified in Section&nbsp;57(b)&nbsp;from participating in a joint transaction with the BDC, or a company controlled by
the BDC, in contravention of rules&nbsp;as prescribed by the Commission. In particular, Section&nbsp;57(a)(4)&nbsp;applies to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any director, officer, employee, or member of an advisory board of a BDC or any person (other than the BDC itself) who is an affiliated person of the forgoing pursuant to Section&nbsp;2(a)(3)(C); or</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></FONT></FONT></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any investment adviser or promoter of, general partner in, principal underwriter for, or person directly or indirectly either controlling, controlled by, or under common control with, a BDC (except the BDC itself and any person who, if it were not directly or indirectly controlled by the BDC, would not be directly or indirectly under the control of a person who controls the BDC);<SUP>18</SUP> or any person who is an affiliated person of any of the forgoing within the meaning of Section&nbsp;2(a)(3)(C)&nbsp;or (D).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the foregoing application of Section&nbsp;57(a)(4),
BDC Downstream Funds on the one hand and other Regulated Funds and Affiliated Funds on the other, may not co-invest absent an exemptive
order because the BDC Downstream Funds are controlled by a BDC and the Affiliated Funds and other Regulated Funds are included in Section&nbsp;57(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;2(a)(3)(C)&nbsp;defines an &ldquo;affiliated
person&rdquo; of another person to include any person directly or indirectly controlling, controlled by, or under common control with,
such other person. Section&nbsp;2(a)(3)(D)&nbsp;defines &ldquo;any officer, director, partner, copartner, or employee&rdquo; of an affiliated
person as an affiliated person. Section&nbsp;2(a)(9)&nbsp;defines &ldquo;control&rdquo; as the power to exercise a controlling influence
over the management or policies of a company, unless such power is solely the result of an official position with that company. Under
Section&nbsp;2(a)(9)&nbsp;a person who beneficially owns, either directly or through one or more controlled companies, more than 25% of
the voting securities of a company is presumed to control such company. The Commission and its staff have indicated on a number of occasions
their belief that an investment adviser that provides discretionary investment management services to a fund and that sponsored, selected
the initial directors, and provides administrative or other non-advisory services to the fund, controls such fund, absent compelling evidence
to the contrary.<SUP>19</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>18</SUP></TD><TD STYLE="text-align: left">Also excluded from this category by Rule 57b-1 is any person who would otherwise be included (a) solely because that person is directly
or indirectly controlled by a business development company, or (b) solely because that person is, within the meaning of Section 2(a)(3)(C)
or (D), an affiliated person of a person described in (a) above.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left"><SUP>19</SUP></TD><TD STYLE="text-align: left"><U>See, e.g.,</U> SEC Rel. No. IC-4697 (Sept. 8, 1966)
                                            (&ldquo;For purposes of Section 2(a)(3)(C), affiliation based upon control would depend on
                                            the facts of the given situation, including such factors as extensive interlocks of officers,
                                            directors or key personnel, common investment advisers or underwriters, etc.&rdquo;); Lazard
                                            Freres Asset Management, SEC No-Action Letter (pub. avail Jan. 10, 1997) (&ldquo;While, in
                                            some circumstances, the nature of an advisory relationship may give an adviser control over
                                            its client&rsquo;s management or policies, whether an investment company and another entity
                                            are under common control is a factual question...&rdquo;).</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">2. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Rule&nbsp;17d-1</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Rule&nbsp;17d-1 generally prohibits an affiliated
person (as defined in Section&nbsp;2(a)(3)), or an affiliated person of such affiliated person, of a registered investment company acting
as principal, from effecting any transaction in which the registered investment company, or a company controlled by such registered company,
is a joint or a joint and several participant, in contravention of such rules&nbsp;as the Commission may prescribe for the purpose of
limiting or preventing participation by the registered investment company on a basis different from or less advantageous than that of
such first or second tier affiliate. Rule&nbsp;17d-1 generally prohibits participation by a registered investment company and an affiliated
person (as defined in Section&nbsp;2(a)(3)) or principal underwriter for that investment company, or an affiliated person of such affiliated
person or principal underwriter, in any &ldquo;joint enterprise or other joint arrangement or profit-sharing plan,&rdquo; as defined in
the rule, without prior approval by the Commission by order upon application.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Rule&nbsp;17d-1 was promulgated by the Commission
pursuant to Section&nbsp;17(d)&nbsp;and made applicable to persons subject to Sections 57(a)&nbsp;and (d)&nbsp;by Section&nbsp;57(i),
to the extent specified therein. Section&nbsp;57(i)&nbsp;provides that, until the Commission prescribes rules&nbsp;under Sections 57(a)&nbsp;and
(d), the Commission&rsquo;s rules&nbsp;under Section&nbsp;17(d)&nbsp;applicable to registered closed-end investment companies will be
deemed to apply to persons subject to the prohibitions of Section&nbsp;57(a)&nbsp;or (d). Because the Commission has not adopted any rules&nbsp;under
Section&nbsp;57(a)&nbsp;or (d), Rule&nbsp;17d-1 applies to persons subject to the prohibitions of Section&nbsp;57(a)&nbsp;or (d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants seek relief pursuant to Rule&nbsp;17d-1,
which permits the Commission to authorize joint transactions upon application. In passing upon applications filed pursuant to Rule&nbsp;17d-1,
the Commission is directed by Rule&nbsp;17d-1(b)&nbsp;to consider whether the participation of a registered investment company or controlled
company thereof in the joint enterprise or joint arrangement under scrutiny is consistent with provisions, policies and purposes of the
Act and the extent to which such participation is on a basis different from or less advantageous than that of other participants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Commission has stated that Section&nbsp;17(d),
upon which Rule&nbsp;17d-1 is based, and upon which Section&nbsp;57(a)(4)&nbsp;was modeled, was designed to protect investment companies
from self-dealing and overreaching by insiders. The Commission has also taken notice that there may be transactions subject to these prohibitions
that do not present the dangers of overreaching.<SUP>20</SUP> The Court of Appeals for the Second Circuit has enunciated a like rationale
for the purpose behind Section&nbsp;17(d): &ldquo;The objective of [Section] 17(d)&nbsp;.&nbsp;.&nbsp;. is to prevent .&nbsp;.&nbsp;.
injuring the interest of stockholders of registered investment companies by causing the company to participate on a basis different from
or less advantageous than that of such other participants.&rdquo;<SUP>21</SUP> Furthermore, Congress acknowledged that the protective
system established by the enactment of Section&nbsp;57 is &ldquo;similar to that applicable to registered investment companies under Section&nbsp;17,
and rules&nbsp;thereunder, but is modified to address concerns relating to unique characteristics presented by business development companies.&rdquo;<SUP>22</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants believe that the Conditions would ensure
that the conflicts of interest that Section&nbsp;17(d)&nbsp;and Section&nbsp;57(a)(4)&nbsp;were designed to prevent would be addressed
and the standards for an order under Rule&nbsp;17d-1 and Section&nbsp;57(i)&nbsp;would be met.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>C.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Need for Relief</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Co-Investment Transactions are prohibited by Rule&nbsp;17d-1
and either or both of Sections 17(d)&nbsp;and 57(a)(4)&nbsp;without a prior exemptive order of the Commission, to the extent that the
Affiliated Funds and the Regulated Funds participating in such transactions fall within the category of persons described by Rule&nbsp;17d-1,
Section&nbsp;17(d)&nbsp;and/or Section&nbsp;57(b), as modified by Rule&nbsp;57b-1 thereunder, as applicable, vis-&agrave;-vis each participating
Regulated Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each of the participating Regulated Funds and Affiliated
Funds may be deemed to be affiliated persons vis-&agrave;-vis a Regulated Fund within the meaning of Section&nbsp;2(a)(3)&nbsp;by reason
of common control because (i)&nbsp;controlled affiliates of Ares Management manage each of the Affiliated Funds, (ii)&nbsp;Ares Management
controls the Existing Advisers to Regulated Funds, which serve as investment adviser (or sub-adviser) to the Existing Regulated Funds,
and (iii)&nbsp;to the extent that ARCC continues to control Ivy Hill, the Downstream Ivy Hill Funds, are, and, in the future will be,
deemed to be controlled by ACM, ARCC or certain of ARCC&rsquo;s subsidiaries. Thus, each Regulated Fund and each Affiliated Fund may be
deemed to be a person related to a Regulated Fund or BDC Downstream Fund in a manner described by Section&nbsp;57(b)&nbsp;(or Section&nbsp;17(d)&nbsp;in
the case of Regulated Funds that are registered under the Act) and therefore would be prohibited by Section&nbsp;57(a)(4)&nbsp;(or Section&nbsp;17(d)&nbsp;in
the case of Regulated Funds that are registered under the Act) and Rule&nbsp;17d-1 from participating in Co-Investment Transactions without
the Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Further, because the BDC Downstream Funds and Wholly-Owned
Investment Subs are controlled by the Regulated Funds, the BDC Downstream Funds and Wholly-Owned Investment Subs are subject to Section&nbsp;57(a)(4)&nbsp;(or
Section&nbsp;17(d)&nbsp;in the case of Wholly-Owned Investment Subs controlled by Regulated Funds that are registered under the Act),
and thus also subject to the provisions of Rule&nbsp;17d-1, and therefore would be prohibited from participating in Co-Investment Transactions
without the Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In addition, because the Proprietary Accounts are
controlled by an Adviser and, therefore, may be under common control with the Existing Regulated Funds, the Existing Advisers and any
Future Regulated Funds, the Proprietary Accounts could be deemed to be persons related to the Regulated Funds (or a company controlled
by the Regulated Funds) in a manner described by Section&nbsp;17(d)&nbsp;or Section&nbsp;57(b)&nbsp;and also prohibited from participating
in the Co-Investment Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>20</SUP></TD><TD STYLE="text-align: justify"><U>See Protecting Investors: A Half-Century
of Investment Company Regulation</U>, 1504 Fed. Sec. L. Rep., Extra Edition (May 29, 1992) at 488 <I>et seq</I>.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>21</SUP></TD><TD STYLE="text-align: justify"><U>Securities and Exchange Commission v.
                                            Talley Industries, Inc</U>., 399 F.2d 396, 405 (2d Cir. 1968), <U>cert. denied</U>, 393 U.S.
                                            1015 (1969).</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>22</SUP></TD><TD STYLE="text-align: justify">H.Rep. No. 96-1341, 96th Cong., 2d Sess.
                                            45 (1980) <I>reprinted in</I> 1980 U.S.C.C.A.N. 4827.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>D.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Precedents</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Commission has issued numerous exemptive orders
under the Act permitting registered investment companies and BDCs to co-invest with affiliated persons, including precedents involving
proprietary accounts.<SUP>23</SUP> The relief requested in this Application with respect to Follow-On Investments is based on the temporary
relief granted by the Commission on April&nbsp;8, 2020, and subsequent exemptive relief, and the relief granted in the Prior Order.<SUP>24</SUP>
Applicants submit that the allocation procedures set forth in the Conditions for relief are consistent with and expand the range of investor
protections found in the orders we cite.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>IV.<U>STATEMENT IN SUPPORT OF RELIEF REQUESTED</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In accordance with Rule&nbsp;17d-1 (made applicable
to transactions subject to Section&nbsp;57(a)&nbsp;by Section&nbsp;57(i)), the Commission may grant the requested relief as to any particular
joint transaction if it finds that the participation of the Regulated Funds in the joint transaction is consistent with the provisions,
policies and purposes of the Act and is not on a basis different from or less advantageous than that of other participants. Applicants
submit that allowing the Co-Investment Transactions described in this Application is justified on the basis of (i)&nbsp;the potential
benefits to the Regulated Funds and the shareholders thereof and (ii)&nbsp;the protections found in the Conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As required by Rule&nbsp;17d-1(b), the Conditions
ensure that the terms on which Co-Investment Transactions may be made will be consistent with the participation of the Regulated Funds
being on a basis that it is neither different from nor less advantageous than other participants, thus protecting the equity holders of
any participant from being disadvantaged. The Conditions ensure that all Co-Investment Transactions are reasonable and fair to the Regulated
Funds and their shareholders and do not involve overreaching by any person concerned, including the Advisers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Potential Benefits</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Prior to obtaining the Prior Order, in many circumstances
the Regulated Funds would be limited in their ability to participate in attractive and appropriate investment opportunities. Section&nbsp;17(d),
Section&nbsp;57(a)(4)&nbsp;and Rule&nbsp;17d-1 should not prevent BDCs and registered closed-end investment companies from making investments
that are in the best interests of their shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each Regulated Fund and its shareholders benefit
from the ability to participate in Co-Investment Transactions. The Board, including the Required Majority, of each Regulated Fund has
determined that it is in the best interests of the Regulated Fund to participate in Co-Investment Transactions because, among other matters,
(i)&nbsp;the Regulated Fund should be able to participate in a larger number and greater variety of transactions; (ii)&nbsp;the Regulated
Fund should be able to participate in larger transactions; (iii)&nbsp;the Regulated Fund should be able to participate in all opportunities
approved by a Required Majority or otherwise permissible under the Order rather than risk underperformance through rotational allocation
of opportunities among the Regulated Funds; (iv)&nbsp;the Regulated Fund and any other Regulated Funds participating in the proposed investment
should have greater bargaining power, more control over the investment and less need to bring in other external investors or structure
investments to satisfy the different needs of external investors; (v)&nbsp;the Regulated Fund should be able to obtain greater attention
and better deal flow from investment bankers and others who act as sources of investments; and (vi)&nbsp;the Conditions are fair to the
Regulated Funds and their shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">23</TD><TD STYLE="text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>See,
e.g</I></FONT>., <U>Overland Advantage, et al.</U> (File No. 812-15515), Release No. IC-35286 (July 25, 2024) (notice), Release No. IC-35298
(Aug. 20, 2024) (order); <U>Andalusian Credit Company, LLC, et al.</U> (File No. 812-15491), Release No. IC-35280 (July 19, 2024) (notice),
Release No. IC-35295 (August 14, 2024) (order); <U>Carlyle Secured Lending, Inc., et al.</U> (File No. 812-15275), Release No. IC-35215
(June 6, 2024) (notice), Release No. IC- 35276 (July 2, 2024) (order); <U>Monachil Credit Income Fund, et al.</U>&nbsp;(File No. 812-15535),
Release No. IC-35189 (May 8, 2024) (notice), Release No. IC-35211 (June 4, 2024) (order);&nbsp;<U>Polen Credit Opportunities Fund, et
al.</U> (File No. 812-15457), Release No. IC-35183 (May 2, 2024) (notice), Release No. IC-35206 (May 28, 2024) (order); <U>Sound Point
Meridian Capital, Inc., et al.</U> (File No.&nbsp;812-15476-01), Release No. IC-35173 (April 19, 2024) (notice), Release No. IC-35192
(May 15, 2024) (order); <U>Coller Secondaries Private Equity Opportunities Fund, et al.</U>&nbsp;(File No. 812-15446), Release No. IC-35163
(March 22, 2024) (notice), Release No. IC-35171 (April 17, 2024) (order);&nbsp;<U>Antares Private Credit Fund, et al.</U>&nbsp;(File
No. 812-15464), Release No. IC-35152 (March 5, 2024) (notice), Release No. IC-35166 (April 2, 2024) (order);&nbsp;<U>First Trust Real
Assets Fund, et al.</U>&nbsp;(File No. 812-15381), Release No. IC-35150 (Feb. 28, 2024) (notice), Release No. IC-351641 (March 26, 2024)
(order);&nbsp;<U>BIP Ventures Evergreen BDC, et al.</U>&nbsp;(File No. 812-15502), Release No. IC-35127 (Feb. 8, 2024) (notice), Release
No. IC-35151 (March 5, 2024) (order);&nbsp;<U>Diameter Credit Company, et.al.</U>&nbsp;(File No. 812-15490), Release No. IC-35122 (Feb.
1, 2024) (notice), Release No. IC-35149 (Feb. 27, 2024) (order);&nbsp;<U>Golub Capital BDC Inc., et al.</U>&nbsp;(File No. 812-15431),
Release No. IC-35114 (Jan. 25, 2024) (notice), Release No. IC-35136 (Feb. 21, 2024) (order);&nbsp;<U>CAZ Strategic Opportunities Fund,
et al.</U>&nbsp;(File No. 812-15493), Release No. IC-35094 (Jan. 19, 2024) (notice), Release No. IC-35130 (Feb. 14, 2024) (order);&nbsp;<U>AB
CarVal Opportunistic Credit Fund, et al.</U> (File No. 812-15429), Release No. IC-35083 (Dec. 27, 2023) (notice), Release No. IC-35093
(Jan. 19, 2024) (order); <U>Saratoga Investment Advisors, LLC, et al.</U> (File No. 812-15459), Release No. IC-35047 (Nov. 14, 2023)
(notice), Release No. IC-35065 (Dec. 12, 2023) (order).</P></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><SUP>24</SUP></TD><TD STYLE="text-align: left">BDC&#8239;Temporary Exemptive Order, Investment Company Act Rel. Nos.
33837 (April 8, 2020) (order) (extension granted on January 5, 2021 and further extension granted on April 22, 2021) and see footnote
3 above.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>B.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Protective Representations and Conditions</U></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Conditions ensure that the proposed Co-Investment
Transactions are consistent with the protection of each Regulated Fund&rsquo;s shareholders and with the purposes intended by the policies
and provisions of the Act. Specifically, the Conditions incorporate the following critical protections: (i)&nbsp;all Regulated Funds participating
in the Co-Investment Transactions will invest at the same time (except that, subject to the limitations in the Conditions, the settlement
date for an Affiliated Fund in a Co-Investment Transaction may occur up to ten business days after the settlement date for the Regulated
Fund, and vice versa), for the same price and with the same terms, conditions, class, registration rights and any other rights, so that
none of them receives terms more favorable than any other; (ii)&nbsp;a Required Majority of each Regulated Fund must approve various investment
decisions (not including transactions completed on a pro rata basis pursuant to Conditions 6(c)(i)&nbsp;and 8(b)(i)&nbsp;or otherwise
not requiring Board approval) with respect to such Regulated Fund in accordance with the Conditions; and (iii)&nbsp;the Regulated Funds
are required to retain and maintain certain records.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants believe that participation by the Regulated
Funds in Pro Rata Follow-On Investments and Pro Rata Dispositions, as provided in Conditions 6(c)(i)&nbsp;and 8(b)(i), is consistent with
the provisions, policies and purposes of the Act and will not be made on a basis different from or less advantageous than that of other
participants. A formulaic approach, such as pro rata investment or disposition eliminates the possibility for overreaching and unnecessary
prior review by the Board. Applicants note that the Commission has adopted a similar pro rata approach in the context of Rule&nbsp;23c-2,
which relates to the redemption by a closed-end investment company of less than all of a class of its securities, indicating the general
fairness and lack of overreaching that such approach provides.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants also believe that the participation
by the Regulated Funds in Non-Negotiated Follow-On Investments and in Dispositions of Tradable Securities without the approval of a Required
Majority is consistent with the provisions, policies and purposes of the Act as there is no opportunity for overreaching by affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If an Adviser, its principals, or any person controlling,
controlled by, or under common control with the Adviser or its principals, and the Affiliated Funds (collectively, the <B><I>&ldquo;Holders&rdquo;</I></B>)
own in the aggregate more than 25 percent of the outstanding voting shares of a Regulated Fund (the <B><I>&ldquo;Shares&rdquo;</I></B>),
then the Holders will vote such Shares as required under Condition 15.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In sum, the Applicants believe that the Conditions
would ensure that each Regulated Fund that participates in any type of Co-Investment Transaction does not participate on a basis different
from, or less advantageous than, that of such other participants for purposes of Section&nbsp;17(d)&nbsp;or Section&nbsp;57(a)(4)&nbsp;and
the Rules&nbsp;under the Act. As a result, Applicants believe that the participation of the Regulated Funds in Co-Investment Transactions
in accordance with the Conditions would be consistent with the provisions, policies, and purposes of the Act, and would be done in a manner
that was not different from, or less advantageous than, the other participants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>V.</B></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;<B><U>CONDITIONS</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants agree that any Order granting the requested
relief shall be subject to the following Conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Identification and Referral of Potential Co-Investment Transactions</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
Each Adviser (other than Ivy Hill) will establish, maintain and implement policies and procedures reasonably designed to ensure that each
Adviser is promptly notified of all Potential Co-Investment Transactions that fall within the then-current Objectives and Strategies and
Board-Established Criteria of any Regulated Fund the Adviser manages.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
When an Adviser to a Regulated Fund is notified of a Potential Co-Investment Transaction under Condition 1(a), the Adviser will make an
independent determination of the appropriateness of the investment for the Regulated Fund in light of the Regulated Fund&rsquo;s then-current
circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Board Approvals of Co-Investment Transactions</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
If the Adviser deems a Regulated Fund&rsquo;s participation in any Potential Co-Investment Transaction to be appropriate for the Regulated
Fund, it will then determine an appropriate level of investment for the Regulated Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
If the aggregate amount recommended by
the Advisers to be invested in the Potential Co-Investment Transaction by the participating Regulated Funds and any participating Affiliated
Funds, collectively, exceeds the amount of the investment opportunity, the investment opportunity will be allocated among them pro rata
based on the size of the Internal Orders, as described in section III.A.1.b. above. Each Adviser to a participating Regulated Fund will
promptly notify and provide the Eligible Directors with information concerning the Affiliated Funds&rsquo; and Regulated Funds&rsquo;
order sizes to assist the Eligible Directors with their review of the applicable Regulated Fund&rsquo;s investments for compliance with
these Conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;After making the determinations required in Condition 1(b)&nbsp;above, each Adviser to a participating Regulated Fund will distribute
written information concerning the Potential Co-Investment Transaction (including the amount proposed to be invested by each participating
Regulated Fund and each participating Affiliated Fund) to the Eligible Directors of its participating Regulated Fund(s)&nbsp;for their
consideration. A Regulated Fund will enter into a Co-Investment Transaction with one or more other Regulated Funds or Affiliated Funds
only if, prior to the Regulated Fund&rsquo;s participation in the Potential Co-Investment Transaction, a Required Majority concludes that:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the terms of the transaction, including the consideration to be paid, are reasonable and fair to the Regulated Fund and its equity holders
and do not involve overreaching in respect of the Regulated Fund or its equity holders on the part of any person concerned;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the transaction is consistent with:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the interests of the Regulated Fund&rsquo;s equity holders; and</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the Regulated Fund&rsquo;s then-current Objectives and Strategies;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the investment by any other Regulated Fund(s)&nbsp;or Affiliated Fund(s)&nbsp;would not disadvantage the Regulated Fund, and participation
by the Regulated Fund would not be on a basis different from, or less advantageous than, that of any other Regulated Fund(s)&nbsp;or Affiliated
Fund(s)&nbsp;participating in the transaction; <I>provided </I>that the Required Majority shall not be prohibited from reaching the conclusions
required by this Condition 2(c)(iii)&nbsp;if:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the settlement date for another Regulated Fund or an Affiliated Fund in a Co-Investment Transaction is later than the settlement date
for the Regulated Fund by no more than ten business days or earlier than the settlement date for the Regulated Fund by no more than ten
business days, in either case, so long as: (x)&nbsp;the date on which the commitment of the Affiliated Funds and Regulated Funds is made
is the same; and (y)&nbsp;the earliest settlement date and the latest settlement date of any Affiliated Fund or Regulated Fund participating
in the transaction will occur within ten business days of each other; or</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
any other Regulated Fund or Affiliated Fund, but not the Regulated Fund itself, gains the right to nominate a director for election to
a portfolio company&rsquo;s board of directors, the right to have a board observer or any similar right to participate in the governance
or management of the portfolio company so long as: (x)&nbsp;the Eligible Directors will have the right to ratify the selection of such
director or board observer, if any; (y)&nbsp;the Adviser agrees to, and does, provide periodic reports to the Regulated Fund&rsquo;s Board
with respect to the actions of such director or the information received by such board observer or obtained through the exercise of any
similar right to participate in the governance or management of the portfolio company; and (z)&nbsp;any fees or other compensation that
any other Regulated Fund or Affiliated Fund or any affiliated person of any other Regulated Fund or Affiliated Fund receives in connection
with the right of one or more Regulated Funds or Affiliated Funds to nominate a director or appoint a board observer or otherwise to participate
in the governance or management of the portfolio company will be shared proportionately among any participating Affiliated Funds (who
may, in turn, share their portion with their affiliated persons) and any participating Regulated Fund(s)&nbsp;in accordance with the amount
of each such party&rsquo;s investment; and</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the proposed investment by the Regulated Fund will not involve compensation, remuneration or a direct or indirect<SUP>25</SUP> financial
benefit to the Advisers, any other Regulated Fund, the Affiliated Funds or any affiliated person of any of them (other than the parties
to the Co-Investment Transaction), except (A)&nbsp;to the extent permitted by Condition 14, (B)&nbsp;to the extent permitted by Section&nbsp;17(e)&nbsp;or
57(k), as applicable, (C)&nbsp;indirectly, as a result of an interest in the securities issued by one of the parties to the Co-Investment
Transaction, or (D)&nbsp;in the case of fees or other compensation described in Condition 2(c)(iii)(B)(z).</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>Right to Decline</U>. Each Regulated Fund has the right to decline to participate in any Potential Co-Investment Transaction or to
invest less than the amount proposed.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>General Limitation</U>.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
Except for Follow-On Investments made in accordance with Conditions 8 and 9 below,<SUP>26</SUP> a Regulated Fund will not invest in
reliance on the Order in any issuer in which a Related Party has an investment,</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>Same Terms and Conditions</U>. A Regulated Fund will not participate in any Potential Co-Investment Transaction unless (i)&nbsp;the
terms, conditions, price, class of securities to be purchased, date on which the commitment is entered into and registration rights (if
any) will be the same for each participating Regulated Fund and Affiliated Fund and (ii)&nbsp;the earliest settlement date and the latest
settlement date of any participating Regulated Fund or Affiliated Fund will occur as close in time as practicable and in no event more
than ten business days apart. The grant to one or more Regulated Funds or Affiliated Funds, but not the respective Regulated Fund, of
the right to nominate a director for election to a portfolio company&rsquo;s board of directors, the right to have an observer on the
board of directors or similar rights to participate in the governance or management of the portfolio company will not be interpreted so
as to violate this Condition 5, if Condition 2(c)(iii)(B)&nbsp;is met.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><SUP>25</SUP></TD><TD STYLE="text-align: left">For&#8239;example, procuring the Regulated Fund&rsquo;s investment in
a Potential Co-Investment Transaction to permit an affiliate to complete or obtain better terms in a separate transaction would constitute
an indirect financial benefit.</TD>
</TR></TABLE>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in"><SUP>26</SUP>&#8239;</TD><TD STYLE="text-align: justify">This&#8239;exception applies only to Follow-On Investments by a Regulated
Fund in issuers in which that Regulated Fund already holds investments.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">6.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>Standard Review Dispositions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>General. </I>If any Regulated Fund or Affiliated Fund elects to sell, exchange or otherwise dispose of an interest in a security and
one or more Regulated Funds and Affiliated Funds have previously participated in a Co-Investment Transaction with respect to the issuer,
then:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the Adviser to such Regulated Fund or Affiliated Fund<SUP>27</SUP> will notify each Regulated Fund that holds an investment in the issuer
of the proposed Disposition at the earliest practical time; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
the Adviser to each Regulated Fund that holds an investment in the issuer will formulate a recommendation as to participation by such
Regulated Fund in the Disposition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Same Terms and Conditions. </I>Each Regulated Fund will have the right to participate in such Disposition on a proportionate basis,
at the same price and on the same terms and Conditions as those applicable to the Affiliated Funds and any other Regulated Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>No Board Approval Required. </I>A Regulated Fund may participate in such a Disposition without obtaining prior approval of the Required
Majority if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(A)&nbsp;the participation of each Regulated Fund and Affiliated Fund in such Disposition is proportionate to its then-current holding
of the security (or securities) of the issuer that is (or are) the subject of the Disposition;<SUP>28</SUP> (B)&nbsp;the Board of the
Regulated Fund has approved as being in the best interests of the Regulated Fund the ability to participate in such Dispositions on a
pro rata basis (as described in greater detail in the Application); and (C)&nbsp;the Board of the Regulated Fund is provided on a quarterly
basis with a list of all Dispositions made in accordance with this Condition; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;each security is a Tradable Security and (A)&nbsp;the Disposition is not to the issuer or any affiliated person of the issuer; and (B)&nbsp;the
security is sold for cash in a transaction in which the only term negotiated by or on behalf of the participating Regulated Funds and
Affiliated Funds is price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>Standard Board Approval. </I>In all other cases, the Adviser will provide its written recommendation as to the Regulated Fund&rsquo;s
participation to the Eligible Directors and the Regulated Fund will participate in such Disposition, solely to the extent that a Required
Majority determines that it is in the Regulated Fund&rsquo;s best interests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">7.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>Enhanced Review Dispositions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>General. </I>If any Regulated Fund or Affiliated Fund elects to sell, exchange or otherwise dispose of a Pre-Boarding Investment in
a Potential Co-Investment Transaction and the Regulated Funds and Affiliated Funds have not previously participated in a Co-Investment
Transaction with respect to the issuer:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the Adviser to such Regulated Fund or Affiliated Fund will notify each Regulated Fund that holds an investment in the issuer of the proposed
Disposition at the earliest practical time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the Adviser to each Regulated Fund that holds an investment in the issuer, will formulate a recommendation as to participation by such
Regulated Fund in the Disposition; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the Advisers will provide to the Board of each Regulated Fund that holds an investment in the issuer all information relating to the existing
investments in the issuer of the Regulated Funds and Affiliated Funds, including the terms of such investments and how they were made,
that is necessary for the Required Majority to make the findings required by this Condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
<I>Enhanced Board Approval. </I>The Adviser will provide its written recommendation as to the Regulated Fund&rsquo;s participation to
the Eligible Directors, and the Regulated Fund will participate in such Disposition, solely to the extent that a Required Majority determines
that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the Disposition complies with Condition 2(c)(i), (ii), (iii)(A), and (iv); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the making and holding of the Pre-Boarding Investments were not prohibited by Section&nbsp;57 or Rule&nbsp;17d-1, as applicable, and records
the basis for the finding in the Board minutes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in"><SUP>27</SUP></TD><TD STYLE="text-align: justify">&#8239;Any&#8239;Proprietary Account that is not advised by an Adviser is itself
deemed to be an Adviser for purposes of Conditions 6(a)(i), 7(a)(i), 8(a)(i) and 9(a)(i).</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><SUP>28</SUP></TD><TD STYLE="text-align: left">In&#8239;the case of any Disposition, proportionality will be measured
by each participating Regulated Fund&rsquo;s and Affiliated Fund&rsquo;s outstanding investment in the security in question immediately
preceding the Disposition.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>Additional Requirements:</I> The Disposition may only be completed in reliance on the Order if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Same
Terms and Conditions. </I>Each Regulated Fund has the right to participate in such Disposition on a proportionate basis, at the same
price and on the same terms and Conditions as those applicable to the Affiliated Funds and any other Regulated Fund;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>Original Investments. </I>All of the Affiliated Funds&rsquo; and Regulated Funds&rsquo; investments in the issuer are Pre-Boarding
Investments;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Advice
of counsel. </I>Independent counsel to the Board advises that the making and holding of the investments in the Pre-Boarding Investments
were not prohibited by Section&nbsp;57 (as modified by Rule&nbsp;57b-1) or Rule&nbsp;17d-1, as applicable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>Multiple Classes of Securities. </I>All Regulated Funds and Affiliated Funds that hold Pre-Boarding Investments in the issuer immediately
before the time of completion of the Co-Investment Transaction hold the same security or securities of the issuer. For the purpose of
determining whether the Regulated Funds and Affiliated Funds hold the same security or securities, they may disregard any security held
by some but not all of them if, prior to relying on the Order, the Required Majority is presented with all information necessary to make
a finding, and finds, that: (x)&nbsp;any Regulated Fund&rsquo;s or Affiliated Fund&rsquo;s holding of a different class of securities
(including for this purpose a security with a different maturity date) is immaterial<SUP>29</SUP> in amount, including immaterial relative
to the size of the issuer; and (y)&nbsp;the Board records the basis for any such finding in its minutes. In addition, securities that
differ only in respect of issuance date, currency, or denominations may be treated as the same security; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>No
control. </I>The Affiliated Funds, the other Regulated Funds and their affiliated persons (within the meaning of Section&nbsp;2(a)(3)(C)&nbsp;of
the Act), individually or in the aggregate, do not control the issuer of the securities (within the meaning of Section&nbsp;2(a)(9)&nbsp;of
the Act).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>29</SUP></TD><TD STYLE="text-align: justify">&#8239;In determining whether a holding is &ldquo;immaterial&rdquo;
for purposes of the Order, the Required Majority will consider whether the nature and extent of the interest in the transaction or arrangement
is sufficiently small that a reasonable person would not believe that the interest affected the determination of whether to enter into
the transaction or arrangement or the terms of the transaction or arrangement.</TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">8.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>Standard Review Follow-Ons</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>General. </I>If any Regulated Fund or Affiliated Fund desires to make a Follow-On Investment in an issuer and the Regulated Funds and
Affiliated Funds holding investments in the issuer previously participated in a Co-Investment Transaction with respect to the issuer:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the Adviser to each such Regulated Fund or Affiliated Fund will notify each Regulated Fund that holds securities of the portfolio company
of the proposed transaction at the earliest practical time; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the Adviser to each Regulated Fund that holds an investment in the issuer will formulate a recommendation as to the proposed participation,
including the amount of the proposed investment, by such Regulated Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>No
Board Approval Required. </I>A Regulated Fund may participate in the Follow-On Investment without obtaining prior approval of the Required
Majority if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(A)&nbsp;the proposed participation of each Regulated Fund and each Affiliated Fund in such investment is proportionate to its outstanding
investments in the issuer or the security at issue, as appropriate,<SUP>30</SUP> immediately preceding the Follow-On Investment; and
(B)&nbsp;the Board of the Regulated Fund has approved as being in the best interests of the Regulated Fund the ability to participate
in Follow-On Investments on a pro rata basis (as described in greater detail in this Application); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;it is a Non-Negotiated Follow-On Investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>Standard Board Approval. </I>In all other cases, the Adviser will provide its written recommendation as to the Regulated Fund&rsquo;s
participation to the Eligible Directors and the Regulated Fund will participate in such Follow-On Investment, solely to the extent that
a Required Majority makes the determinations set forth in Condition 2(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the only previous Co-Investment Transaction with respect to the
issuer was an Enhanced Review Disposition, the Eligible Directors must complete this review of the proposed Follow-On Investment both
on a stand-alone basis and together with the Pre-Boarding Investments in relation to the total economic exposure and other terms of the
investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>30</SUP></TD><TD STYLE="text-align: left"><SUP>&#8239;</SUP>To the extent that a Follow-On Investment
opportunity is in a security or arises in respect of a security held by the participating Regulated Funds and Affiliated Funds, proportionality
will be measured by each participating Regulated Fund&rsquo;s and Affiliated Fund&rsquo;s outstanding investment in the security in question
immediately preceding the Follow-On Investment using the most recent available valuation thereof. To the extent that a Follow-On Investment
opportunity relates to an opportunity to invest in a security that is not in respect of any security held by any of the participating
Regulated Funds or Affiliated Funds, proportionality will be measured by each participating Regulated Fund&rsquo;s and Affiliated Fund&rsquo;s
outstanding investment in the issuer immediately preceding the Follow-On Investment using the most recent available valuation thereof.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Allocation. </I>If, with respect to any such Follow-On Investment:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the amount of the opportunity proposed to be made available to any Regulated Fund is not based on the Regulated Funds&rsquo; and the Affiliated
Funds&rsquo; outstanding investments in the issuer or the security at issue, as appropriate, immediately preceding the Follow-On Investment;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the aggregate amount recommended by the Advisers to be invested in the Follow-On Investment by the participating Regulated Funds and any
participating Affiliated Funds, collectively, exceeds the amount of the investment opportunity, then the Follow-On Investment opportunity
will be allocated among them pro rata based on the size of the Internal Orders, as described in section III.A.1.b. above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>Other Conditions. </I>The acquisition of Follow-On Investments as permitted by this Condition will be considered a Co-Investment Transaction
for all purposes and subject to the other Conditions set forth in this Application.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>Enhanced Review Follow-Ons</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>General. </I>If any Regulated Fund or Affiliated Fund desires to make a Follow-On Investment in an issuer that is a Potential Co-Investment
Transaction and the Regulated Funds and Affiliated Funds holding investments in the issuer have not previously participated in a Co-Investment
Transaction with respect to the issuer:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the Adviser to each such Regulated Fund or Affiliated Fund will notify each Regulated Fund that holds securities of the portfolio company
of the proposed transaction at the earliest practical time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the Adviser to each Regulated Fund that holds an investment in the issuer will formulate a recommendation as to the proposed participation,
including the amount of the proposed investment, by such Regulated Fund; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the Advisers will provide to the Board of each Regulated Fund that holds an investment in the issuer all information relating to the existing
investments in the issuer of the Regulated Funds and Affiliated Funds, including the terms of such investments and how they were made,
that is necessary for the Required Majority to make the findings required by this Condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Enhanced Board Approval. </I>The Adviser will provide its written recommendation as to the Regulated Fund&rsquo;s participation to
the Eligible Directors, and the Regulated Fund will participate in such Follow-On Investment solely to the extent that a Required Majority
reviews the proposed Follow-On Investment both on a stand-alone basis and together with the Pre-Boarding Investments in relation to the
total economic exposure and other terms and makes the determinations set forth in Condition 2(c). In addition, the Follow-On Investment
may only be completed in reliance on the Order if the Required Majority of each participating Regulated Fund determines that the making
and holding of the Pre-Boarding Investments were not prohibited by Section&nbsp;57 (as modified by Rule&nbsp;57b-1) or Rule&nbsp;17d-1,
as applicable. The basis for the Board&rsquo;s findings will be recorded in its minutes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>Additional Requirements. </I>The Follow-On Investment may only be completed in reliance on the Order if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>&#8239;Original Investments. </I>All of the Affiliated Funds&rsquo; and Regulated Funds&rsquo; investments in the issuer are Pre-Boarding
Investments;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Advice
of counsel. </I>Independent counsel to the Board advises that the making and holding of the investments in the Pre-Boarding Investments
were not prohibited by Section&nbsp;57 (as modified by Rule&nbsp;57b-1) or Rule&nbsp;17d-1, as applicable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Multiple Classes of Securities. </I>All Regulated Funds and Affiliated Funds that hold Pre-Boarding Investments in the issuer immediately
before the time of completion of the Co-Investment Transaction hold the same security or securities of the issuer. For the purpose of
determining whether the Regulated Funds and Affiliated Funds hold the same security or securities, they may disregard any security held
by some but not all of them if, prior to relying on the Order, the Required Majority is presented with all information necessary to make
a finding, and finds, that: (x)&nbsp;any Regulated Fund&rsquo;s or Affiliated Fund&rsquo;s holding of a different class of securities
(including for this purpose a security with a different maturity date) is immaterial in amount, including immaterial relative to the size
of the issuer; and (y)&nbsp;the Board records the basis for any such finding in its minutes. In addition, securities that differ only
in respect of issuance date, currency, or denominations may be treated as the same security; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>No control. </I>The Affiliated Funds, the other Regulated Funds and their affiliated persons (within the meaning of Section&nbsp;2(a)(3)(C)&nbsp;of
the Act), individually or in the aggregate, do not control the issuer of the securities (within the meaning of Section&nbsp;2(a)(9)&nbsp;of
the Act).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Allocation. </I>If, with respect to any such Follow-On Investment:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the amount of the opportunity proposed to be made available to any Regulated Fund is not based on the Regulated Funds&rsquo; and the Affiliated
Funds&rsquo; outstanding investments in the issuer or the security at issue, as appropriate, immediately preceding the Follow-On Investment;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
the aggregate amount recommended by the Advisers to be invested in the Follow-On Investment by the participating Regulated Funds and any
participating Affiliated Funds, collectively, exceeds the amount of the investment opportunity, then the Follow-On Investment opportunity
will be allocated among them pro rata based on the size of the Internal Orders, as described in section III.A.1.b. above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<I>Other Conditions. </I>The acquisition of Follow-On Investments as permitted by this Condition will be considered a Co-Investment Transaction
for all purposes and subject to the other Conditions set forth in this Application.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">10.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
<U>Board Reporting, Compliance and Annual Re-Approval</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
Each Adviser to a Regulated Fund will present to the Board of each Regulated Fund, on a quarterly basis, and at such other times as the
Board may request, (i)&nbsp;a record of all investments in Potential Co-Investment Transactions made by any of the other Regulated Funds
or any of the Affiliated Funds during the preceding quarter that fell within the Regulated Fund&rsquo;s then-current Objectives and Strategies
and Board-Established Criteria that were not made available to the Regulated Fund, and an explanation of why such investment opportunities
were not made available to the Regulated Fund; (ii)&nbsp;a record of all Follow-On Investments in and Dispositions of investments in any
issuer in which the Regulated Fund holds any investments by any Affiliated Fund or other Regulated Fund during the prior quarter; and
(iii)&nbsp;all information concerning Potential Co-Investment Transactions and Co-Investment Transactions, including investments made
by other Regulated Funds or Affiliated Funds, that the Regulated Fund considered but declined to participate in, so that the Independent
Directors, may determine whether all Potential Co-Investment Transactions and Co-Investment Transactions during the preceding quarter,
including those investments that the Regulated Fund considered but declined to participate in, comply with the Conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;All information presented to the Regulated Fund&rsquo;s Board pursuant to this Condition will be kept for the life of the Regulated Fund
and at least two years thereafter and will be subject to examination by the Commission and its staff.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
Each Regulated Fund&rsquo;s chief compliance officer, as defined in Rule&nbsp;38a-1(a)(4), will prepare an annual report for its Board
each year that evaluates (and documents the basis of that evaluation) the Regulated Fund&rsquo;s compliance with the terms and Conditions
of the Application and the procedures established to achieve such compliance. In the case of a BDC Downstream Fund that does not have
a chief compliance officer, the chief compliance officer of the BDC that controls the BDC Downstream Fund will prepare the report for
the relevant Independent Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The Independent Directors (including the non-interested members of each Independent Party) will consider at least annually whether continued
participation in new and existing Co-Investment Transactions is in the Regulated Fund&rsquo;s best interests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
<U>Record Keeping</U>. Each Regulated Fund will maintain the records required by Section&nbsp;57(f)(3)&nbsp;of the Act as if each of the
Regulated Funds were a BDC and each of the investments permitted under these Conditions were approved by the Required Majority under Section&nbsp;57(f).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">12.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
<U>Director Independence</U>. No Independent Director (including the non-interested members of any Independent Party) of a Regulated Fund
will also be a director, general partner, managing member or principal, or otherwise be an &ldquo;affiliated person&rdquo; (as defined
in the Act) of any Affiliated Fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">13.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
<U>Expenses</U>. The expenses, if any, associated with acquiring, holding or disposing of any securities acquired in a Co-Investment Transaction
(including, without limitation, the expenses of the distribution of any such securities registered for sale under the Securities Act)
will, to the extent not payable by the Advisers under their respective advisory agreements with the Regulated Funds and the Affiliated
Funds, be shared by the Regulated Funds and the participating Affiliated Funds in proportion to the relative amounts of the securities
held or being acquired or disposed of, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">14.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
<U>Transaction Fees<SUP>31</SUP></U>. Any transaction fee (including break-up, structuring, monitoring or commitment fees but excluding
brokerage or underwriting compensation permitted by Section&nbsp;17(e)&nbsp;or 57(k)) received in connection with any Co-Investment Transaction
will be distributed to the participants on a pro rata basis based on the amounts they invested or committed, as the case may be, in such
Co-Investment Transaction. If any transaction fee is to be held by an Adviser pending consummation of the transaction, the fee will be
deposited into an account maintained by the Adviser at a bank or banks having the qualifications prescribed in Section&nbsp;26(a)(1),
and the account will earn a competitive rate of interest that will also be divided pro rata among the participants. None of the Advisers,
the Affiliated Funds, the other Regulated Funds or any affiliated person of the Affiliated Funds or the Regulated Funds will receive any
additional compensation or remuneration of any kind as a result of or in connection with a Co-Investment Transaction other than (i)&nbsp;in
the case of the Regulated Funds and the Affiliated Funds, the pro rata transaction fees described above and fees or other compensation
described in Condition 2(c)(iii)(B)(z), (ii)&nbsp;brokerage or underwriting compensation permitted by Section&nbsp;17(e)&nbsp;or 57(k),
or (iii)&nbsp;in the case of the Advisers, investment advisory compensation paid in accordance with investment advisory agreements between
the applicable Regulated Fund(s)&nbsp;or Affiliated Fund(s)&nbsp;and its Adviser.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><SUP>31</SUP></TD><TD STYLE="text-align: left">&#8239;Applicants are not requesting and the Commission is not
providing any relief for transaction fees received in connection with any Co-Investment Transaction.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">15.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
<U>Independence</U>. If the Holders own in the aggregate more than 25 percent of the Shares of a Regulated Fund, then the Holders will
vote such Shares in the same percentages as the Regulated Fund&rsquo;s other shareholders (not including the Holders) when voting on (1)&nbsp;the
election of directors; (2)&nbsp;the removal of one or more directors; or (3)&nbsp;any other matter under either the Act or applicable
State law affecting the Board&rsquo;s composition, size or manner of election.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>VI.</B></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;
<B><U>PROCEDURAL MATTERS</U></B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Communications</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Please address all communications concerning this
Application and the Notice and Order to:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael J Arougheti<BR>
Chief Executive Officer<BR>
Ares Management Corporation<BR>
1800 Avenue of the Stars, </FONT>Suite&nbsp;1400<BR>
Los Angeles, CA 90067<BR>
(310) 201-4100</TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Naseem Sagati Aghili<BR>
General Counsel<BR>
Ares Management Corporation<BR>
1800 Avenue of the Stars, </FONT>Suite&nbsp;1400<BR>
Los Angeles, CA 90067<BR>
(310) 201-4100</TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Please address any questions, and a copy of any
communications, concerning this Application, the Notice and Order to:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Nicole M. Runyan, P.C.<BR>
Kirkland&nbsp;&amp; Ellis LLP<BR>
601 Lexington Avenue<BR>
New York, NY 10022<BR>
(212) 446-4800<BR>
<U>nicole.runyan@kirkland.com</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Applicants desire that the Commission issue an
Order pursuant to Rule&nbsp;0-5 without conducting a hearing.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to Rule&nbsp;0-2, each person executing
the Application on behalf of an Applicant says that he or she has duly executed the Application for and on behalf of such Applicant; that
he or she is authorized to execute the Application pursuant to the terms of an operating agreement, management agreement or otherwise;
and that all actions by members, directors or other bodies necessary to authorize each deponent to execute and file the Application have
been taken.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The verifications required by Rule&nbsp;0-2(d)&nbsp;and
the authorizations required by Rule&nbsp;0-2(c)&nbsp;are below.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>B.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Authorization</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All requirements for the execution and filing of
this Application in the name and on behalf of each Applicant by the undersigned have been complied with and the undersigned is fully authorized
to do so and has duly executed this Application as of this 30<SUP>th</SUP> day of August&nbsp;2024.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CAPITAL CORPORATION</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 2%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="width: 48%; border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Joshua M. Bloomstein</FONT></TD>
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Joshua M. Bloomstein</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: General Counsel</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES DYNAMIC CREDIT ALLOCATION FUND,&nbsp;INC.</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Ian Fitzgerald</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Ian Fitzgerald</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: General Counsel</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES PRIVATE MARKETS FUND</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Matthew Jill</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Matthew Jill</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:&#8239;&#8239;Vice President and Assistant Secretary</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES STRATEGIC INCOME FUND</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Joshua M. Bloomstein</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Joshua M. Bloomstein</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: General Counsel</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CION ARES DIVERSIFIED CREDIT FUND</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Ian Fitzgerald</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ian Fitzgerald</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General Counsel</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ares Capital CP Funding LLC, Ares Capital JB Funding LLC, ARCC FB Funding
LLC, ACE III Master Fund, L.P., ACIP Investment Management LLC, ACIP Parallel Fund A, L.P., ACIP Apex Co-Investment, L.P., ACME Private
Credit Fund LP, ACOF Investment Management LLC, ACOF IV ATD Co-Invest, L.P., ACOF Operating Manager II, L.P., ACOF Operating Manager III,
LLC, ACOF Operating Manager IV, LLC, ACOF Operating Manager, L.P., ADREX Advisor LLC, AEIF Kleen Investor, LLC, AEIF Linden Blocker II
LLC, AEPEP III N Strategic Co-Invest, L.P., AEPEP IV N Strategic Co-Invest, L.P., AF V APR Co-Invest, L.P., AIREX Advisor LLC, Ambition
Holdings, L.P., APSecurities Manager LP, AREG AC Makena Holdings LLC, AREG Iberian Residential Co-Invest Vehicle SCSp, AREG Kennedy Co-Invest
S.C.A., AREG Leopard Partners SCSp, AREG LPKC Partners, L.P., AREG Makena Management L.P., AREOF IV Co-Invest P, L.P., Ares Alternative
Credit Management LLC, Ares Apex Pooling, LLC, Ares Asia Management Ltd, Ares ASIP VII Management, L.P., Ares Asset-Backed Loan Fund LP,
Ares Badger Fund LP, Ares Cactus Operating Manager, L.P., Ares Capital Europe IV (E)&nbsp;Levered, Ares Capital Europe IV (E)&nbsp;Unlevered,
Ares Capital Europe IV (G)&nbsp;Levered, Ares Capital Europe IV (G)&nbsp;Unlevered, Ares Capital Europe V (E)&nbsp;Levered, Ares Capital
Europe V (E)&nbsp;Unlevered, Ares Capital Europe V (G)&nbsp;Levered, Ares Capital Europe V (G)&nbsp;Unlevered, Ares Capital Europe VI
(E)&nbsp;Levered, Ares Capital Europe VI (E)&nbsp;Unlevered, Ares Capital Europe VI (E)&nbsp;II Levered, L.P., Ares Capital Europe VI
(E)&nbsp;II Unlevered, L.P., Ares Capital Europe VI (G)&nbsp;Levered, Ares Capital Europe VI (G)&nbsp;Unlevered, Ares Capital Europe,
L.P., Ares Capital Management LLC, Ares Capital Management II LLC, Ares Capital Management III LLC, Ares Centre Street Management, L.P.,
Ares Centre Street Partnership, L.P., Ares CIP (V)&nbsp;Management LLC, Ares Climate Infrastructure Partners, L.P., Ares Climate Infrastructure
Partners II, L.P., Ares Climate Infrastructure Partners II-A, L.P., Ares Climate Infrastructure Partners II-B, L.P., Ares Climate Infrastructure
Strategies Fund (C), L.P., Ares CLO Funding I, L.P., Ares CLO Funding III LP, Ares CLO Management LLC, Ares CLO Management XXVII, L.P.,
Ares CLO Management II, LLC, Ares CLO Management IIIR/IVR, L.P., Ares CLO Management VIR, L.P., Ares CLO Management VR, L.P., Ares CLO
Management X, L.P., Ares CLO Management XI, L.P., Ares CLO Management XX, L.P., Ares CLO Management XXI, L.P., Ares CLO Management XXIX,
L.P., Ares CLO Warehouse 2021-6 Ltd., Ares CLO Warehouse 2021-8 Ltd., Ares Commercial Finance LP, Ares Commercial Finance Management,
LP, Ares Commercial Real Estate Corporation, Ares Commercial Real Estate Management LLC, Ares Core Infrastructure Fund, Ares Corporate
Opportunities Fund Asia, L.P., Ares Corporate Opportunities Fund III, L.P., Ares Corporate Opportunities Fund IV, L.P., Ares Corporate
Opportunities Fund V, L.P., Ares Corporate Opportunities Fund VI Parallel (Foreign), L.P., Ares Corporate Opportunities Fund VI Parallel
(TE), L.P., Ares Corporate Opportunities Fund VI, L.P., Ares Corporate Opportunities Fund VII, L.P., Ares Corporate Opportunities Fund
VII Parallel (Foreign), L.P., Ares Corporate Opportunities Fund VII Parallel (Lux Foreign), SCSp, Ares Corporate Opportunities Fund VII
Parallel (TE) , L.P., Ares Credit Hedge Fund LP, Ares Credit Investment Partnership (CP), L.P., Ares Credit Investment Partnership (MD),
L.P., Ares Credit Investment Partnership I (V)&nbsp;L.P., Ares Credit Investment Partnership II (A), L.P., Ares Credit Investment Partnership
II CD LP, Ares Credit Secondaries LP, Ares Credit Secondaries (Lux) SCSp, Ares Credit Secondaries (Offshore) LP, Ares Credit Strategies
Feeder III UK, L.P., Ares Credit Strategies Fund I, L.P., Ares Credit Strategies Fund III, L.P., Ares Credit Strategies Insurance Dedicated
Fund - Series&nbsp;of SALI Multi Series&nbsp;Fund LP, Ares CSF III Investment Management, LLC, Ares CSF IV Management LLC, Ares CSF Operating
Manager I, LLC, Ares Customized Credit Fund L.P., Ares Direct Finance I LP, Ares Direct Investments (AC) LP, Ares Direct Lending Opportunities
LLC, Ares Direct Lending Opportunities Offshore LLC, Ares Direct Lending Opportunities Parallel LLC, Ares Diversified Credit Strategies
Fund (S), L.P., Ares Diversified Credit Strategies Fund II (IM), L.P., Ares Diversified Real Estate Exchange LLC, Ares EHP Co-Invest Holdings,
L.P., Ares EIF Management, LLC, Ares Emerald Private Credit LP, Ares Energy Investors Fund V, L.P., Ares Energy Opportunities Fund A,
L.P., Ares Energy Opportunities Fund B, L.P., Ares Energy Opportunities Fund, L.P., Ares Enhanced Credit Opportunities Investment Management
II, LLC, Ares Enhanced Credit Opportunities Master Fund II,&nbsp;LTD., Ares Enhanced Loan Investment Strategy Advisor IV, L.P., Ares Enhanced
Loan Investment Strategy II,&nbsp;LTD., Ares Enhanced Loan Investment Strategy III,&nbsp;LTD., Ares Enhanced Loan Investment Strategy
IR,&nbsp;LTD., Ares Enhanced Loan Management II, L.P., Ares Enhanced Loan Management III, L.P., Ares Enhanced Loan Management IR, L.P.,
Ares EPIC Co-Invest II, L.P., Ares EPIC Co-Invest, L.P., Ares European CLO II B.V., Ares European CLO IX Designated Activity Company,
Ares European CLO VI Designated Activity Company, Ares European CLO VII Designated Activity Company, Ares European CLO VIII Designated
Activity Company, Ares European CLO X Designated Activity Company, Ares European CLO XI Designated Activity Company, Ares European CLO
XII Designated Activity Company, Ares European CLO XIII Designated Activity Company, Ares European CLO XIV Designated Activity Company,
Ares European CLO XV Designated Activity Company, Ares European CLO XVI Designated Activity Company, Ares European Credit Investments
I (C), L.P., Ares European Credit Investments II (G), L.P., Ares European Credit Investments III (K), L.P., Ares European Credit Investments
IV (A), L.P., Ares European Credit Investments V (X), L.P., Ares European Credit Investments VI (N), L.P., Ares European Credit Investments
VII (CP), L.P., Ares European Credit Investments VIII (M), L.P., Ares European Credit Investments IX (AF), L.P., Ares European Credit
Solutions Fund (Master) FCP, Ares European Credit Strategies Fund II (B), L.P., Ares European Credit Strategies Fund III (A), L.P., Ares
European Credit Strategies Fund IV (M), L.P., Ares European Credit Strategies Fund IX (C), L.P., Ares European Credit Strategies Fund
V (G)&nbsp;L.P., Ares European Credit Strategies Fund VI (B), LP, Ares European Credit Strategies Fund VII (Palo Verde), L.P., Ares European
Credit Strategies Fund X (T), L.P., Ares European Credit Strategies Fund XI (S), L.P., Ares European Credit Strategies Fund XII (Z), SCSp
RAIF - Sub-Fund 1, Ares European Credit Strategies Fund XII (Z), SCSp RAIF - Sub-Fund 2, Ares European Loan Funding II, Ares European
Loan Funding S.L.P., Ares European Loan Management LLP, Ares European Property Enhancement Parallel Partners III SCSp, Ares European Property
Enhancement Partners II, L.P., Ares European Property Enhancement Partners III SCSp, Ares European Property Enhancement Partners IV SCSp,
Ares European Real Estate Fund VI SCSp, Ares Global Credit Fund S.C.A., SICAV-</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">RAIF - Ares European Loan Fund (G), Ares Global Credit Fund S.C.A.,
SICAV-RAIF - Ares U.S. Loan Fund (G), Ares Global High Grade CLO Debt Fund, L.P., Ares Global Multi-Asset Credit Master Fund, L.P., Ares
Ground Lease Partners, L.P., Ares HICOF Operating Manager, L.P., Ares High Income Credit Opportunities Fund II (Master) LP, Ares High
Income Credit Opportunities Fund, L.P., Ares High Yield Strategies Fund IV Management, L.P., Ares ICOF II Management, LLC, Ares ICOF II
Master Fund, L.P., Ares ICOF III Fund (CAYMAN) LP, Ares ICOF III Fund (Delaware) LP, Ares ICOF III Management LP, Ares IDF Management
LLC, Ares IIIR/IVR CLO LTD., Ares Income Opportunity Fund, L.P., Ares Industrial Real Estate Exchange LLC, Ares Industrial Real Estate
Fund GP LLC, Ares Industrial Real Estate Fund LP, Ares Industrial Real Estate Fund Manager LLC, Ares Industrial Real Estate Income Trust
Inc., Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial Partnership I LP, Ares Industrial Real Estate Income Trust
Inc.- Build-To-Core Industrial Partnership II LP, Ares Industrial Real Estate Income Trust Inc.-Build-To-Core Industrial Partnership III
LLC, Ares Infra Debt Strategies Fund (A), LP, Ares Infrastructure Debt Fund V (ELP), L.P., Ares Infrastructure Debt Fund V (EUR), L.P.,
Ares Infrastructure Debt Fund V (GBP Hedged), L.P., Ares Infrastructure Debt Fund V (JPY), L.P., Ares Infrastructure Debt Fund V (Tranche
SMA), L.P., Ares Infrastructure Debt Fund V (USD Hedged), L.P., Ares Infrastructure Debt Fund VI (USD L) LP, Ares Infrastructure Debt
Fund VI (USD O U) LP, Ares Infrastructure Debt Fund VI (USD U) LP, Ares Infrastructure Debt Asia (ELP No.&nbsp;1) L.P., Ares Infrastructure
Debt Asia (ELP No.&nbsp;2) L.P., Ares Institutional Credit Fund L.P., Ares Institutional High Yield Master Fund LP, Ares Institutional
Loan Fund, L.P., Ares Institutional Structured Credit Management, L.P., Ares Insurance Infrastructure Secondaries Fund I LP, Ares Insurance
PE Secondaries Fund I LP, Ares Insurance PE Secondaries Fund II LP, Ares Insurance RE Secondaries Fund I LP, Ares Jasper Fund, L.P., Ares
L CLO Ltd., Ares LI CLO Ltd., Ares LII CLO Ltd., Ares LIII CLO Ltd., Ares LIV CLO Ltd., Ares LIX CLO Ltd., Ares Loan Funding I,&nbsp;Ltd.,
Ares Loan Funding II,&nbsp;Ltd., Ares Loan Funding III,&nbsp;Ltd., Ares Loan Trust 2011, Ares Loan Trust 2016, Ares LV CLO Ltd. (fka Ares
CLO Warehouse 2018-6), Ares LVI CLO Ltd., Ares LVII CLO Ltd., Ares LVIII CLO Ltd., Ares LX CLO Ltd., Ares LXI CLO Ltd., Ares LXII CLO
Ltd., Ares LXIII CLO Ltd., Ares LXIV CLO Ltd., Ares LXV CLO Ltd., Ares LXVI CLO Ltd., Ares LXVII CLO Ltd., Ares LXXI CLO Ltd., Ares LXXI
Income Note Ltd., Ares Management Limited, Ares Management LLC, Ares Management Luxembourg S.a.r.l., Ares Management UK Limited, Ares
Marina Fund, L.P., Ares MC Credit Secondaries Co LP, Ares Mezzanine Management LLC, Ares Mezzanine Partners, L.P., Ares MIC Asia LP, Ares
Midway Partners, L.P., Ares Minerva Co-Invest, L.P., Ares MSCF V (H)&nbsp;Management LLC, Ares Multi-Asset Credit Strategies Fund LP,
Ares Multi-Credit Fund LLC, Ares Multi-Credit Fund (IL) LLC, Ares Multi-Strategy Credit Fund V (H), L.P., Ares ND Credit Strategies Fund
LLC, Ares PA Opportunities Fund, L.P., Ares Pan-European Logistics Partnership, L.P., Ares Pathfinder Core Fund (Offshore), L.P., Ares
Pathfinder Core Fund, L.P., Ares Pathfinder Fund (Offshore), L.P., Ares Pathfinder Fund, L.P., Ares Pathfinder Fund II, L.P., Ares Pathfinder
Fund II (Offshore), L.P., Ares PBN Finance Co. LLC, Ares PBN Finance Co. II LLC, Ares PE Extended Value Fund LP, Ares PG Co-Invest L.P.,
Ares Priority Loan Co-Invest LP, Ares Prime DC Co-Invest Fund, LP, Ares Private Account Management I, L.P., Ares Private Credit Solutions
(Cayman), L.P., Ares Private Credit Solutions (Offshore) II, L.P., Ares Private Credit Solutions II, L.P., Ares Private Credit Solutions,
L.P., Ares Private Debt Strategies Fund II, L.P., Ares Private Opportunities (A)&nbsp;LP, Ares Private Opportunities (CP), L.P., Ares
Private Opportunities (N)&nbsp;LP, Ares Private Opportunities (NYC), L.P., Ares Private Opportunities (P)&nbsp;LP, Ares Private Opportunities
2020 (C), LP, Ares RE Secondaries Co-Investment AD Fund LP, Ares Real Estate Enhanced Income Fund, L.P., Ares Real Estate Management Holdings,
LLC, Ares Real Estate Income Trust Inc., Ares Real Estate Secured Income Fund, L.P., Ares RF Co-Invest (H), L.P., Ares RF Co-Invest, L.P.,
Ares RLG Co-Invest Holdings, L.P., Ares RTH Co-Invest LP, Ares SB Co-Invest Fund, L.P., Ares SCM Co-Invest III, L.P., Ares Secondaries
Advisors LLC, Ares Senior Credit Investment Partnership (CP) LP, Ares Senior Credit Master Fund (U)&nbsp;III LP, Ares Senior Credit Master
Fund III LP, Ares Senior Direct Lending Master Fund Designated Activity Company, Ares Senior Direct Lending Master Fund II Designated
Activity Company, Ares Senior Direct Lending Parallel Fund (L)&nbsp;II, L.P., Ares Senior Direct Lending Parallel Fund (L), L.P., Ares
Senior Direct Lending Parallel Fund (U)&nbsp;B, L.P., Ares Senior Direct Lending Parallel Fund (U)&nbsp;II, L.P., Ares Senior Direct Lending
Parallel Fund (U), L.P., Ares Senior Loan Trust, Ares Senior Loan Trust Management L.P., Ares SDL Capital Management LLC, Ares SFERS Credit
Strategies Fund LLC, Ares SLR Co-Invest Holdings LP, Ares SME (Parallel), L.P., Ares Special Opportunities Fund (Offshore), L.P., Ares
Special Opportunities Fund, L.P., Ares Special Opportunities Fund II (Jersey A) L.P., Ares Special Opportunities Fund II (Jersey) L.P.,
Ares Special Opportunities Fund II (Offshore), L.P., Ares Special Opportunities Fund II, L.P., Ares Special Situations Fund III, L.P.,
Ares Special Situations Fund IV, L.P., Ares Sports, Media and Entertainment Finance (Offshore), L.P., Ares Sports, Media and Entertainment
Finance, L.P., Ares Management Asia (Australia) Pty Ltd, Ares Management Asia (Hong Kong) Limited, Ares Management Asia (Cayman) Limited,
Ares Management Asia (Mauritius) Ltd, Ares Management Asia (Singapore) Pte. Ltd., Ares Management Asia (Thailand) Limited, Ares SSG Capital
Partners VI, L.P., Ares SSG Excelsior Co-Investment, L.P., Ares Asia Direct Lending LP, Ares SSG Secured Lending Opportunities III, L.P.,
Ares Strategic Investment Partners IV, Ares Targeted Liquid Asset Strategy LP, Ares UK Credit Strategies, L.P., Ares U.S. CLO Management
III LLC &ndash; Series&nbsp;A, Ares US Real Estate Fund X, L.P., Ares US Real Estate Fund X-A, L.P., Ares US Real Estate Fund X-B, L.P.,
Ares US Real Estate Opportunity Fund III, L.P., Ares US Real Estate Opportunity Fund IV, L.P., Ares US Real Estate Opportunity Management,
L.P., Ares US Real Estate Opportunity Parallel Fund III-A, L.P., Ares US Real Estate Opportunity Parallel Fund III-B, L.P., Ares US Real
Estate Opportunity Parallel Fund IV-A, L.P., Ares US Real Estate Opportunity Parallel Fund IV-B II, L.P., Ares US Real Estate Opportunity
Parallel Fund IV-B, L.P., Ares VAL Co-Invest Holdings I, L.P., Ares VAL Co-Invest Holdings II, L.P., Ares VIR CLO LTD., Ares VR CLO,&nbsp;LTD.,
Ares X CLO LTD., Ares XI CLO LTD., Ares XL CLO Ltd, Ares XLI CLO Ltd, Ares XLII CLO Ltd., Ares XLIII CLO Ltd., Ares XLIV CLO Ltd., Ares
XLIX CLO Ltd, Ares XLV CLO Ltd., Ares XLVI CLO LTD, Ares XLVII CLO LTD, Ares XLVIII CLO Ltd., Ares XX CLO LTD, Ares XXI CLO LTD., Ares
XXIX CLO LTD, Ares XXVII CLO LTD, Ares XXVIIIR CLO Ltd., Ares XXXIIR CLO Ltd., Ares XXXIR CLO Ltd., ARES XXXIV CLO LTD., Ares XXXIX CLO
Ltd., Ares XXXVII CLO, LTD, Ares XXXVIII CLO, LTD, Ares XXXVR CLO Ltd, ASIP Operating Manager IV, LLC, ASOF Delaware Feeder, L.P., ASOF
Direct Investments (A), L.P., ASOF Investment Management LLC, Ares Insurance Partners, L.P., Ares Insurance Solutions LLC, Aspida Holdings
Ltd., Aspida Life Re Ltd., Aspida Holdings LLC, Aspida Re (Bermuda) Ltd., Aspida Re Services Ltd., Aspida Risk Advisors, LLC, Aspida Financial
Services, LLC, Aspida Life Insurance Company, ASSF Operating Manager III, LLC, ASSF Operating Manager IV, L.P., BCG BTC III Managing Member
LLC, Cal Ares Real Estate Debt Partners, LLC, Chengdu Ares Yuanjing Equity Investment Fund L.P., Chengdu Ares Yuankang</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Investment Management
Co Ltd, Chimney Tops Loan Fund, LLC, CION Ares Management, LLC, COLTS 2005-2 LTD., Columbus Opportunity Fund, L.P., Crestline Denali Capital
LLC, Crestline Denali CLO XIV,&nbsp;Ltd., Crestline Denali CLO XV,&nbsp;Ltd., Crestline Denali CLO XVI,&nbsp;Ltd., Crestline Denali CLO
XVII,&nbsp;Ltd., Denali Capital CLO X,&nbsp;Ltd., Denali Capital CLO XI,&nbsp;Ltd., Denali Capital CLO XII,&nbsp;Ltd., EIF Channelview
Blocker, LLC, EIF Oregon, LLC, Hush Lux S.a.r.l.,&nbsp;Industrial Property Advisors Sub III LLC,&nbsp;Ivy Hill Asset Management, L.P.,&nbsp;Ivy
Hill Investment Holdings, LLC,&nbsp;Ivy Hill Middle Market Credit Fund IV,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund IX, LTD,&nbsp;Ivy
Hill Middle Market Credit Fund V,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund VII,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit
Fund VIII,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund XII, LTD,&nbsp;Ivy Hill Middle Market Credit Fund XIV, Ltd,&nbsp;Ivy Hill
Middle Market Credit Fund XVI,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund XVII,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit
Fund XIX,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund XX,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund XXI,&nbsp;Ltd.,&nbsp;Ivy
Hill Middle Market Credit Fund XVIII,&nbsp;Ltd.,&nbsp;Ivy Hill Revolver Funding LP,&nbsp;Ivy Hill Revolver Funding II LP, Landmark - NYC
Fund I, L.P., Landmark Equity Advisors LLC, Landmark Equity CT Co-Investment Fund I, L.P., Landmark Equity Partners XIII, L.P., Landmark
Equity Partners XIII-A, L.P., Landmark Equity Partners XIV, L.P., Landmark Equity Partners XV, L.P., Landmark Equity Partners XVI Co-Investment
Fund, L.P., Landmark Equity Partners XVI, L.P., Landmark Equity Partners XVII Co-Investment Fund, L.P., Landmark Equity Partners XVII,
L.P, Landmark Equity Partners XVII-B, L.P., Landmark Growth Capital Partners, L.P., Landmark Hudson Partners I, L.P., Landmark IAM Growth
Capital, L.P., Landmark IAM Real Estate Partnership V, L.P., Landmark Infrastructure Partners II, L.P., Landmark Pacific Partners II,
L.P., Landmark Pacific Partners, L.P. &ndash; Series&nbsp;A, Landmark Pacific Partners, L.P. &ndash; Series&nbsp;B, Landmark Pacific Partners,
L.P. &ndash; Series&nbsp;C, Landmark Partners 1907 Fund I, L.P., Landmark Partners 1907 Fund II, L.P., Landmark Partners 1907 Fund III,
L.P., Landmark Partners Insurance Fund Series&nbsp;Interests of the SALI Multi-Series&nbsp;Fund, L.P., Landmark Private Opportunities
(FG) 2021, L.P., Landmark Realty Advisors LLC, Landmark Real Estate CT Co-Investment Fund I, L.P., Landmark Real Estate Partners IX Co-Investment
Fund, L.P., Landmark Real Estate Partners IX, L.P., Landmark Real Estate Partners Sunshine Co-Investment Fund, L.P., Landmark Real Estate
Partners V, L.P., Landmark Real Estate Partners VI Offshore, L.P., Landmark Real Estate Partners VI, L.P., Landmark Real Estate Partners
VII Offshore, L.P., Landmark Real Estate Partners VII OPERS Co-Investment, L.P., Landmark Real Estate Partners VII, L.P., Landmark Real
Estate Partners VIII Co-Investment Fund, L.P., Landmark Real Estate Partners VIII, L.P., Landmark Real Estate Partners VIII-A, L.P., Landmark
Real Estate Partners VIII-Campbell Co-Investment, L.P., Landmark Real Estate Partners IX-Campbell Co-Investment, L.P., Landmark Real Estate
Partners VII-IP Co-Investment, L.P., Landmark Real Estate Partners VI-OPERS Co-Investment, L.P., Landmark Sing Co-Investment Fund I, L.P.,
Landmark Tig Co-Investment Fund I, L.P., Landmark TX ERS Co-Investment Fund I, L.P., Landmark TX ERS Co-Investment Fund II, L.P., Legacy
SCM Aggregator, LLC, Luomus Fund, L.P., LWFB Co-Investment Fund I, L.P., MC European Real Estate Debt Parent LP, MC European Real Estate
Debt Parent II, L.P., MC Investments Parent L.P, NCL III - Outside Opportunities B, NCL Investments II - Outside Opportunities Series&nbsp;A,
NCL Investments II - Outside Opportunities Series&nbsp;B, NCL Investments II - PE Series, NCL Investments II - RA Series, NCL Investments
II - RE Series, NCL Investments III PE Series, NCL Investments III RA Series, NCL Investments III RE Series, NCL Investments III, L.P.
Outside Opportunities Series&nbsp;A, NCL Investments, L.P. - PE Series, NCL Investments, L.P. - RA Series, NCL Investments, L.P. - RE
Series, New CARS OP LLC, Passero 18, L.P., Private Credit Fund C-1 Holdco, LLC &ndash; Series&nbsp;1, Private Credit Fund C-1 Holdco,
LLC &ndash; Series&nbsp;2, Private Credit Fund O, LLC, Private Debt Strategies Fund III, L.P., Private Debt Strategies Fund IV, L.P.,
Private Debt Strategies Fund V, L.P., Ares Management Asia (Shanghai) Limited, Spring Bridge Partners (Longshore), LP, Spring Bridge Partners
(PES) Fund, LP, Spring Bridge Partners, L.P., SSG Capital Partners I Side Pocket, L.P., SSG Capital Partners II, L.P., SSG Capital Partners
III, LP, SSG Capital Partners IV SIDECAR, L.P., SSG Capital Partners IV, L.P., SSG Capital Partners V SIDECAR, L.P., SSG Capital Partners
V, L.P., SSG Secured Lending Opportunities I-A, L.P., SSG Secured Lending Opportunities II, L.P., Wafra Venture Master Fund I, VEF Group
Management, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Penni F. Roll</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Penni F. Roll</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized Person</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Capital Markets LLC</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Heather Braun</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Heather Braun</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Operating Officer</FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 29 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Verification</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned states that he has duly executed
the attached application dated as of August&nbsp;30, 2024 for and on behalf of Ares Capital Corporation; that he is the General Counsel,
Vice President and Secretary of such company; and that all action by officers, directors, and other bodies necessary to authorize the
undersigned to execute and file such instrument has been taken. The undersigned further states that he is familiar with such instrument,
and the contents thereof, and that the facts therein set forth are true to the best of his knowledge, information and belief.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CAPITAL CORPORATION</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Joshua M. Bloomstein</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joshua M. Bloomstein</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General Counsel</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"></P>

<!-- Field: Page; Sequence: 30 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Verification</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned states that he has duly executed
the attached application dated as of August&nbsp;30, 2024 for and on behalf of Ares Dynamic Credit Allocation Fund,&nbsp;Inc.; that he
is the General Counsel and Secretary of such company; and that all action by officers, directors, and other bodies necessary to authorize
the undersigned to execute and file such instrument has been taken. The undersigned further states that he is familiar with such instrument,
and the contents thereof, and that the facts therein set forth are true to the best of his knowledge, information and belief.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES DYNAMIC CREDIT ALLOCATION FUND,&nbsp;INC.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Ian Fitzgerald</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%"> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ian Fitzgerald</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General Counsel</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"></P>

<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Verification</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned states that he has duly executed
the attached application dated as of August&nbsp;30, 2024 for and on behalf of Ares Private Markets Fund; that he is a Vice Preisdent
and Assistant Secretary of such company; and that all action by officers, directors, and other bodies necessary to authorize the undersigned
to execute and file such instrument has been taken. The undersigned further states that he is familiar with such instrument, and the contents
thereof, and that the facts therein set forth are true to the best of his knowledge, information and belief.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES PRIVATE MARKETS FUND</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Matthew Jill</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%"> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Matthew Jill</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vice President and Assistant Secretary</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"></P>

<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Verification</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned states that he has duly executed
the attached application dated as of August&nbsp;30, 2024 for and on behalf of Ares Strategic Income Fund; that he is the General Counsel
and Secretary of such company; and that all action by officers, directors, and other bodies necessary to authorize the undersigned to
execute and file such instrument has been taken. The undersigned further states that he is familiar with such instrument, and the contents
thereof, and that the facts therein set forth are true to the best of his knowledge, information and belief.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES STRATEGIC INCOME FUND</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Joshua M. Bloomstein</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joshua M. Bloomstein</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General Counsel</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Verification</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned states that he has duly executed
the attached application dated as of August&nbsp;30, 2024 for and on behalf of CION Ares Diversified Credit Fund; that he is the General
Counsel and Secretary of such company; and that all action by officers, directors, and other bodies necessary to authorize the undersigned
to execute and file such instrument has been taken. The undersigned further states that he is familiar with such instrument, and the contents
thereof, and that the facts therein set forth are true to the best of his knowledge, information and belief.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CION ARES DIVERSIFIED CREDIT FUND</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Ian Fitzgerald</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%"> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ian Fitzgerald</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General Counsel</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Verification</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned states that she has duly executed
the attached application dated as of August&nbsp;30, 2024 for and on behalf of each entity listed below; that she is the authorized person
of each such entity; and that all action by officers, directors, and other bodies necessary to authorize the undersigned to execute and
file such instrument has been taken. The undersigned further states that she is familiar with such instrument, and the contents thereof,
and that the facts therein set forth are true to the best of her knowledge, information and belief.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ares Capital CP Funding LLC, Ares Capital JB Funding LLC, ARCC FB Funding
LLC, ACE III Master Fund, L.P., ACIP Investment Management LLC, ACIP Parallel Fund A, L.P., ACIP Apex Co-Investment, L.P., ACME Private
Credit Fund LP, ACOF Investment Management LLC, ACOF IV ATD Co-Invest, L.P., ACOF Operating Manager II, L.P., ACOF Operating Manager III,
LLC, ACOF Operating Manager IV, LLC, ACOF Operating Manager, L.P., ADREX Advisor LLC, AEIF Kleen Investor, LLC, AEIF Linden Blocker II
LLC, AEPEP III N Strategic Co-Invest, L.P., AEPEP IV N Strategic Co-Invest, L.P., AF V APR Co-Invest, L.P., AIREX Advisor LLC, Ambition
Holdings, L.P., APSecurities Manager LP, AREG AC Makena Holdings LLC, AREG Iberian Residential Co-Invest Vehicle SCSp, AREG Kennedy Co-Invest
S.C.A., AREG Leopard Partners SCSp, AREG LPKC Partners, L.P., AREG Makena Management L.P., AREOF IV Co-Invest P, L.P., Ares Alternative
Credit Management LLC, Ares Apex Pooling, LLC, Ares Asia Management Ltd, Ares ASIP VII Management, L.P., Ares Asset-Backed Loan Fund LP,
Ares Badger Fund LP, Ares Cactus Operating Manager, L.P., Ares Capital Europe IV (E)&nbsp;Levered, Ares Capital Europe IV (E)&nbsp;Unlevered,
Ares Capital Europe IV (G)&nbsp;Levered, Ares Capital Europe IV (G)&nbsp;Unlevered, Ares Capital Europe V (E)&nbsp;Levered, Ares Capital
Europe V (E)&nbsp;Unlevered, Ares Capital Europe V (G)&nbsp;Levered, Ares Capital Europe V (G)&nbsp;Unlevered, Ares Capital Europe VI
(E)&nbsp;Levered, Ares Capital Europe VI (E)&nbsp;Unlevered, Ares Capital Europe VI (E)&nbsp;II Levered, L.P., Ares Capital Europe VI
(E)&nbsp;II Unlevered, L.P., Ares Capital Europe VI (G)&nbsp;Levered, Ares Capital Europe VI (G)&nbsp;Unlevered, Ares Capital Europe,
L.P., Ares Capital Management LLC, Ares Capital Management II LLC, Ares Capital Management III LLC, Ares Centre Street Management, L.P.,
Ares Centre Street Partnership, L.P., Ares CIP (V)&nbsp;Management LLC, Ares Climate Infrastructure Partners, L.P., Ares Climate Infrastructure
Partners II, L.P., Ares Climate Infrastructure Partners II-A, L.P., Ares Climate Infrastructure Partners II-B, L.P., Ares Climate Infrastructure
Strategies Fund (C), L.P., Ares CLO Funding I, L.P., Ares CLO Funding III LP, Ares CLO Management LLC, Ares CLO Management XXVII, L.P.,
Ares CLO Management II, LLC, Ares CLO Management IIIR/IVR, L.P., Ares CLO Management VIR, L.P., Ares CLO Management VR, L.P., Ares CLO
Management X, L.P., Ares CLO Management XI, L.P., Ares CLO Management XX, L.P., Ares CLO Management XXI, L.P., Ares CLO Management XXIX,
L.P., Ares CLO Warehouse 2021-6 Ltd., Ares CLO Warehouse 2021-8 Ltd., Ares Commercial Finance LP, Ares Commercial Finance Management,
LP, Ares Commercial Real Estate Corporation, Ares Commercial Real Estate Management LLC, Ares Core Infrastructure Fund, Ares Corporate
Opportunities Fund Asia, L.P., Ares Corporate Opportunities Fund III, L.P., Ares Corporate Opportunities Fund IV, L.P., Ares Corporate
Opportunities Fund V, L.P., Ares Corporate Opportunities Fund VI Parallel (Foreign), L.P., Ares Corporate Opportunities Fund VI Parallel
(TE), L.P., Ares Corporate Opportunities Fund VI, L.P., Ares Corporate Opportunities Fund VII, L.P., Ares Corporate Opportunities Fund
VII Parallel (Foreign), L.P., Ares Corporate Opportunities Fund VII Parallel (Lux Foreign), SCSp, Ares Corporate Opportunities Fund VII
Parallel (TE) , L.P., Ares Credit Hedge Fund LP, Ares Credit Investment Partnership (CP), L.P., Ares Credit Investment Partnership (MD),
L.P., Ares Credit Investment Partnership I (V)&nbsp;L.P., Ares Credit Investment Partnership II (A), L.P., Ares Credit Investment Partnership
II CD LP, Ares Credit Secondaries LP, Ares Credit Secondaries (Lux) SCSp, Ares Credit Secondaries (Offshore) LP, Ares Credit Strategies
Feeder III UK, L.P., Ares Credit Strategies Fund I, L.P., Ares Credit Strategies Fund III, L.P., Ares Credit Strategies Insurance Dedicated
Fund - Series&nbsp;of SALI Multi Series&nbsp;Fund LP, Ares CSF III Investment Management, LLC, Ares CSF IV Management LLC, Ares CSF Operating
Manager I, LLC, Ares Customized Credit Fund L.P., Ares Direct Finance I LP, Ares Direct Investments (AC) LP, Ares Direct Lending Opportunities
LLC, Ares Direct Lending Opportunities Offshore LLC, Ares Direct Lending Opportunities Parallel LLC, Ares Diversified Credit Strategies
Fund (S), L.P., Ares Diversified Credit Strategies Fund II (IM), L.P., Ares Diversified Real Estate Exchange LLC, Ares EHP Co-Invest Holdings,
L.P., Ares EIF Management, LLC, Ares Emerald Private Credit LP, Ares Energy Investors Fund V, L.P., Ares Energy Opportunities Fund A,
L.P., Ares Energy Opportunities Fund B, L.P., Ares Energy Opportunities Fund, L.P., Ares Enhanced Credit Opportunities Investment Management
II, LLC, Ares Enhanced Credit Opportunities Master Fund II,&nbsp;LTD., Ares Enhanced Loan Investment Strategy Advisor IV, L.P., Ares Enhanced
Loan Investment Strategy II,&nbsp;LTD., Ares Enhanced Loan Investment Strategy III,&nbsp;LTD., Ares Enhanced Loan Investment Strategy
IR,&nbsp;LTD., Ares Enhanced Loan Management II, L.P., Ares Enhanced Loan Management III, L.P., Ares Enhanced Loan Management IR, L.P.,
Ares EPIC Co-Invest II, L.P., Ares EPIC Co-Invest, L.P., Ares European CLO II B.V., Ares European CLO IX Designated Activity Company,
Ares European CLO VI Designated Activity Company, Ares European CLO VII Designated Activity Company, Ares European CLO VIII Designated
Activity Company, Ares European CLO X Designated Activity Company, Ares European CLO XI Designated Activity Company, Ares European CLO
XII Designated Activity Company, Ares European CLO XIII Designated Activity Company, Ares European CLO XIV Designated Activity Company,
Ares European CLO XV Designated Activity Company, Ares European CLO XVI Designated Activity Company, Ares European Credit Investments
I (C), L.P., Ares European Credit Investments II (G), L.P., Ares European Credit Investments III (K), L.P., Ares European Credit Investments
IV (A), L.P., Ares European Credit Investments V (X), L.P., Ares European Credit Investments VI (N), L.P., Ares European Credit Investments
VII (CP), L.P., Ares European Credit Investments VIII (M), L.P., Ares European Credit Investments IX (AF), L.P., Ares European Credit
Solutions Fund (Master) FCP, Ares European Credit Strategies Fund II (B), L.P., Ares European Credit Strategies Fund III (A), L.P., Ares
European Credit Strategies Fund IV (M), L.P., Ares European Credit Strategies Fund IX (C), L.P., Ares European Credit Strategies Fund
V (G)&nbsp;L.P., Ares European Credit Strategies Fund VI (B), LP, Ares European Credit Strategies Fund VII (Palo Verde), L.P., Ares European
Credit Strategies Fund X (T), L.P., Ares European Credit Strategies Fund XI (S), L.P., Ares European Credit Strategies Fund XII (Z), SCSp
RAIF - Sub-Fund 1, Ares European Credit Strategies Fund XII (Z), SCSp RAIF - Sub-Fund 2, Ares European Loan Funding II, Ares European
Loan Funding S.L.P., Ares European Loan Management LLP, Ares European Property Enhancement Parallel Partners III SCSp, Ares European Property
Enhancement Partners II, L.P., Ares European Property Enhancement Partners III SCSp, Ares European Property Enhancement Partners IV SCSp,
Ares European Real Estate Fund VI SCSp, Ares Global Credit Fund S.C.A., SICAV-</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">RAIF - Ares European Loan Fund (G), Ares Global Credit Fund S.C.A.,
SICAV-RAIF - Ares U.S. Loan Fund (G), Ares Global High Grade CLO Debt Fund, L.P., Ares Global Multi-Asset Credit Master Fund, L.P., Ares
Ground Lease Partners, L.P., Ares HICOF Operating Manager, L.P., Ares High Income Credit Opportunities Fund II (Master) LP, Ares High
Income Credit Opportunities Fund, L.P., Ares High Yield Strategies Fund IV Management, L.P., Ares ICOF II Management, LLC, Ares ICOF II
Master Fund, L.P., Ares ICOF III Fund (CAYMAN) LP, Ares ICOF III Fund (Delaware) LP, Ares ICOF III Management LP, Ares IDF Management
LLC, Ares IIIR/IVR CLO LTD., Ares Income Opportunity Fund, L.P., Ares Industrial Real Estate Exchange LLC, Ares Industrial Real Estate
Fund GP LLC, Ares Industrial Real Estate Fund LP, Ares Industrial Real Estate Fund Manager LLC, Ares Industrial Real Estate Income Trust
Inc., Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial Partnership I LP, Ares Industrial Real Estate Income Trust
Inc.- Build-To-Core Industrial Partnership II LP, Ares Industrial Real Estate Income Trust Inc.-Build-To-Core Industrial Partnership III
LLC, Ares Infra Debt Strategies Fund (A), LP, Ares Infrastructure Debt Fund V (ELP), L.P., Ares Infrastructure Debt Fund V (EUR), L.P.,
Ares Infrastructure Debt Fund V (GBP Hedged), L.P., Ares Infrastructure Debt Fund V (JPY), L.P., Ares Infrastructure Debt Fund V (Tranche
SMA), L.P., Ares Infrastructure Debt Fund V (USD Hedged), L.P., Ares Infrastructure Debt Fund VI (USD L) LP, Ares Infrastructure Debt
Fund VI (USD O U) LP, Ares Infrastructure Debt Fund VI (USD U) LP, Ares Infrastructure Debt Asia (ELP No.&nbsp;1) L.P., Ares Infrastructure
Debt Asia (ELP No.&nbsp;2) L.P., Ares Institutional Credit Fund L.P., Ares Institutional High Yield Master Fund LP, Ares Institutional
Loan Fund, L.P., Ares Institutional Structured Credit Management, L.P., Ares Insurance Infrastructure Secondaries Fund I LP, Ares Insurance
PE Secondaries Fund I LP, Ares Insurance PE Secondaries Fund II LP, Ares Insurance RE Secondaries Fund I LP, Ares Jasper Fund, L.P., Ares
L CLO Ltd., Ares LI CLO Ltd., Ares LII CLO Ltd., Ares LIII CLO Ltd., Ares LIV CLO Ltd., Ares LIX CLO Ltd., Ares Loan Funding I,&nbsp;Ltd.,
Ares Loan Funding II,&nbsp;Ltd., Ares Loan Funding III,&nbsp;Ltd., Ares Loan Trust 2011, Ares Loan Trust 2016, Ares LV CLO Ltd. (fka Ares
CLO Warehouse 2018-6), Ares LVI CLO Ltd., Ares LVII CLO Ltd., Ares LVIII CLO Ltd., Ares LX CLO Ltd., Ares LXI CLO Ltd., Ares LXII CLO
Ltd., Ares LXIII CLO Ltd., Ares LXIV CLO Ltd., Ares LXV CLO Ltd., Ares LXVI CLO Ltd., Ares LXVII CLO Ltd., Ares LXXI CLO Ltd., Ares LXXI
Income Note Ltd., Ares Management Limited, Ares Management LLC, Ares Management Luxembourg S.a.r.l., Ares Management UK Limited, Ares
Marina Fund, L.P., Ares MC Credit Secondaries Co LP, Ares Mezzanine Management LLC, Ares Mezzanine Partners, L.P., Ares MIC Asia LP, Ares
Midway Partners, L.P., Ares Minerva Co-Invest, L.P., Ares MSCF V (H)&nbsp;Management LLC, Ares Multi-Asset Credit Strategies Fund LP,
Ares Multi-Credit Fund LLC, Ares Multi-Credit Fund (IL) LLC, Ares Multi-Strategy Credit Fund V (H), L.P., Ares ND Credit Strategies Fund
LLC, Ares PA Opportunities Fund, L.P., Ares Pan-European Logistics Partnership, L.P., Ares Pathfinder Core Fund (Offshore), L.P., Ares
Pathfinder Core Fund, L.P., Ares Pathfinder Fund (Offshore), L.P., Ares Pathfinder Fund, L.P., Ares Pathfinder Fund II, L.P., Ares Pathfinder
Fund II (Offshore), L.P., Ares PBN Finance Co. LLC, Ares PBN Finance Co. II LLC, Ares PE Extended Value Fund LP, Ares PG Co-Invest L.P.,
Ares Priority Loan Co-Invest LP, Ares Prime DC Co-Invest Fund, LP, Ares Private Account Management I, L.P., Ares Private Credit Solutions
(Cayman), L.P., Ares Private Credit Solutions (Offshore) II, L.P., Ares Private Credit Solutions II, L.P., Ares Private Credit Solutions,
L.P., Ares Private Debt Strategies Fund II, L.P., Ares Private Opportunities (A)&nbsp;LP, Ares Private Opportunities (CP), L.P., Ares
Private Opportunities (N)&nbsp;LP, Ares Private Opportunities (NYC), L.P., Ares Private Opportunities (P)&nbsp;LP, Ares Private Opportunities
2020 (C), LP, Ares RE Secondaries Co-Investment AD Fund LP, Ares Real Estate Enhanced Income Fund, L.P., Ares Real Estate Management Holdings,
LLC, Ares Real Estate Income Trust Inc., Ares Real Estate Secured Income Fund, L.P., Ares RF Co-Invest (H), L.P., Ares RF Co-Invest, L.P.,
Ares RLG Co-Invest Holdings, L.P., Ares RTH Co-Invest LP, Ares SB Co-Invest Fund, L.P., Ares SCM Co-Invest III, L.P., Ares Secondaries
Advisors LLC, Ares Senior Credit Investment Partnership (CP) LP, Ares Senior Credit Master Fund (U)&nbsp;III LP, Ares Senior Credit Master
Fund III LP, Ares Senior Direct Lending Master Fund Designated Activity Company, Ares Senior Direct Lending Master Fund II Designated
Activity Company, Ares Senior Direct Lending Parallel Fund (L)&nbsp;II, L.P., Ares Senior Direct Lending Parallel Fund (L), L.P., Ares
Senior Direct Lending Parallel Fund (U)&nbsp;B, L.P., Ares Senior Direct Lending Parallel Fund (U)&nbsp;II, L.P., Ares Senior Direct Lending
Parallel Fund (U), L.P., Ares Senior Loan Trust, Ares Senior Loan Trust Management L.P., Ares SDL Capital Management LLC, Ares SFERS Credit
Strategies Fund LLC, Ares SLR Co-Invest Holdings LP, Ares SME (Parallel), L.P., Ares Special Opportunities Fund (Offshore), L.P., Ares
Special Opportunities Fund, L.P., Ares Special Opportunities Fund II (Jersey A) L.P., Ares Special Opportunities Fund II (Jersey) L.P.,
Ares Special Opportunities Fund II (Offshore), L.P., Ares Special Opportunities Fund II, L.P., Ares Special Situations Fund III, L.P.,
Ares Special Situations Fund IV, L.P., Ares Sports, Media and Entertainment Finance (Offshore), L.P., Ares Sports, Media and Entertainment
Finance, L.P., Ares Management Asia (Australia) Pty Ltd, Ares Management Asia (Hong Kong) Limited, Ares Management Asia (Cayman) Limited,
Ares Management Asia (Mauritius) Ltd, Ares Management Asia (Singapore) Pte. Ltd., Ares Management Asia (Thailand) Limited, Ares SSG Capital
Partners VI, L.P., Ares SSG Excelsior Co-Investment, L.P., Ares Asia Direct Lending LP, Ares SSG Secured Lending Opportunities III, L.P.,
Ares Strategic Investment Partners IV, Ares Targeted Liquid Asset Strategy LP, Ares UK Credit Strategies, L.P., Ares U.S. CLO Management
III LLC &ndash; Series&nbsp;A, Ares US Real Estate Fund X, L.P., Ares US Real Estate Fund X-A, L.P., Ares US Real Estate Fund X-B, L.P.,
Ares US Real Estate Opportunity Fund III, L.P., Ares US Real Estate Opportunity Fund IV, L.P., Ares US Real Estate Opportunity Management,
L.P., Ares US Real Estate Opportunity Parallel Fund III-A, L.P., Ares US Real Estate Opportunity Parallel Fund III-B, L.P., Ares US Real
Estate Opportunity Parallel Fund IV-A, L.P., Ares US Real Estate Opportunity Parallel Fund IV-B II, L.P., Ares US Real Estate Opportunity
Parallel Fund IV-B, L.P., Ares VAL Co-Invest Holdings I, L.P., Ares VAL Co-Invest Holdings II, L.P., Ares VIR CLO LTD., Ares VR CLO,&nbsp;LTD.,
Ares X CLO LTD., Ares XI CLO LTD., Ares XL CLO Ltd, Ares XLI CLO Ltd, Ares XLII CLO Ltd., Ares XLIII CLO Ltd., Ares XLIV CLO Ltd., Ares
XLIX CLO Ltd, Ares XLV CLO Ltd., Ares XLVI CLO LTD, Ares XLVII CLO LTD, Ares XLVIII CLO Ltd., Ares XX CLO LTD, Ares XXI CLO LTD., Ares
XXIX CLO LTD, Ares XXVII CLO LTD, Ares XXVIIIR CLO Ltd., Ares XXXIIR CLO Ltd., Ares XXXIR CLO Ltd., ARES XXXIV CLO LTD., Ares XXXIX CLO
Ltd., Ares XXXVII CLO, LTD, Ares XXXVIII CLO, LTD, Ares XXXVR CLO Ltd, ASIP Operating Manager IV, LLC, ASOF Delaware Feeder, L.P., ASOF
Direct Investments (A), L.P., ASOF Investment Management LLC, Ares Insurance Partners, L.P., Ares Insurance Solutions LLC, Aspida Holdings
Ltd., Aspida Life Re Ltd., Aspida Holdings LLC, Aspida Re (Bermuda) Ltd., Aspida Re Services Ltd., Aspida Risk Advisors, LLC, Aspida Financial
Services, LLC, Aspida Life Insurance Company, ASSF Operating Manager III, LLC, ASSF Operating Manager IV, L.P., BCG BTC III Managing Member
LLC, Cal Ares Real Estate Debt Partners, LLC, Chengdu Ares Yuanjing Equity Investment Fund L.P., Chengdu Ares Yuankang</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Investment Management
Co Ltd, Chimney Tops Loan Fund, LLC, CION Ares Management, LLC, COLTS 2005-2 LTD., Columbus Opportunity Fund, L.P., Crestline Denali Capital
LLC, Crestline Denali CLO XIV,&nbsp;Ltd., Crestline Denali CLO XV,&nbsp;Ltd., Crestline Denali CLO XVI,&nbsp;Ltd., Crestline Denali CLO
XVII,&nbsp;Ltd., Denali Capital CLO X,&nbsp;Ltd., Denali Capital CLO XI,&nbsp;Ltd., Denali Capital CLO XII,&nbsp;Ltd., EIF Channelview
Blocker, LLC, EIF Oregon, LLC, Hush Lux S.a.r.l.,&nbsp;Industrial Property Advisors Sub III LLC,&nbsp;Ivy Hill Asset Management, L.P.,&nbsp;Ivy
Hill Investment Holdings, LLC,&nbsp;Ivy Hill Middle Market Credit Fund IV,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund IX, LTD,&nbsp;Ivy
Hill Middle Market Credit Fund V,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund VII,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit
Fund VIII,&nbsp;LTD.,&nbsp;Ivy Hill Middle Market Credit Fund XII, LTD,&nbsp;Ivy Hill Middle Market Credit Fund XIV, Ltd,&nbsp;Ivy Hill
Middle Market Credit Fund XVI,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund XVII,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit
Fund XIX,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund XX,&nbsp;Ltd.,&nbsp;Ivy Hill Middle Market Credit Fund XXI,&nbsp;Ltd.,&nbsp;Ivy
Hill Middle Market Credit Fund XVIII,&nbsp;Ltd.,&nbsp;Ivy Hill Revolver Funding LP,&nbsp;Ivy Hill Revolver Funding II LP, Landmark - NYC
Fund I, L.P., Landmark Equity Advisors LLC, Landmark Equity CT Co-Investment Fund I, L.P., Landmark Equity Partners XIII, L.P., Landmark
Equity Partners XIII-A, L.P., Landmark Equity Partners XIV, L.P., Landmark Equity Partners XV, L.P., Landmark Equity Partners XVI Co-Investment
Fund, L.P., Landmark Equity Partners XVI, L.P., Landmark Equity Partners XVII Co-Investment Fund, L.P., Landmark Equity Partners XVII,
L.P, Landmark Equity Partners XVII-B, L.P., Landmark Growth Capital Partners, L.P., Landmark Hudson Partners I, L.P., Landmark IAM Growth
Capital, L.P., Landmark IAM Real Estate Partnership V, L.P., Landmark Infrastructure Partners II, L.P., Landmark Pacific Partners II,
L.P., Landmark Pacific Partners, L.P. &ndash; Series&nbsp;A, Landmark Pacific Partners, L.P. &ndash; Series&nbsp;B, Landmark Pacific Partners,
L.P. &ndash; Series&nbsp;C, Landmark Partners 1907 Fund I, L.P., Landmark Partners 1907 Fund II, L.P., Landmark Partners 1907 Fund III,
L.P., Landmark Partners Insurance Fund Series&nbsp;Interests of the SALI Multi-Series&nbsp;Fund, L.P., Landmark Private Opportunities
(FG) 2021, L.P., Landmark Realty Advisors LLC, Landmark Real Estate CT Co-Investment Fund I, L.P., Landmark Real Estate Partners IX Co-Investment
Fund, L.P., Landmark Real Estate Partners IX, L.P., Landmark Real Estate Partners Sunshine Co-Investment Fund, L.P., Landmark Real Estate
Partners V, L.P., Landmark Real Estate Partners VI Offshore, L.P., Landmark Real Estate Partners VI, L.P., Landmark Real Estate Partners
VII Offshore, L.P., Landmark Real Estate Partners VII OPERS Co-Investment, L.P., Landmark Real Estate Partners VII, L.P., Landmark Real
Estate Partners VIII Co-Investment Fund, L.P., Landmark Real Estate Partners VIII, L.P., Landmark Real Estate Partners VIII-A, L.P., Landmark
Real Estate Partners VIII-Campbell Co-Investment, L.P., Landmark Real Estate Partners IX-Campbell Co-Investment, L.P., Landmark Real Estate
Partners VII-IP Co-Investment, L.P., Landmark Real Estate Partners VI-OPERS Co-Investment, L.P., Landmark Sing Co-Investment Fund I, L.P.,
Landmark Tig Co-Investment Fund I, L.P., Landmark TX ERS Co-Investment Fund I, L.P., Landmark TX ERS Co-Investment Fund II, L.P., Legacy
SCM Aggregator, LLC, Luomus Fund, L.P., LWFB Co-Investment Fund I, L.P., MC European Real Estate Debt Parent LP, MC European Real Estate
Debt Parent II, L.P., MC Investments Parent L.P, NCL III - Outside Opportunities B, NCL Investments II - Outside Opportunities Series&nbsp;A,
NCL Investments II - Outside Opportunities Series&nbsp;B, NCL Investments II - PE Series, NCL Investments II - RA Series, NCL Investments
II - RE Series, NCL Investments III PE Series, NCL Investments III RA Series, NCL Investments III RE Series, NCL Investments III, L.P.
Outside Opportunities Series&nbsp;A, NCL Investments, L.P. - PE Series, NCL Investments, L.P. - RA Series, NCL Investments, L.P. - RE
Series, New CARS OP LLC, Passero 18, L.P., Private Credit Fund C-1 Holdco, LLC &ndash; Series&nbsp;1, Private Credit Fund C-1 Holdco,
LLC &ndash; Series&nbsp;2, Private Credit Fund O, LLC, Private Debt Strategies Fund III, L.P., Private Debt Strategies Fund IV, L.P.,
Private Debt Strategies Fund V, L.P., Ares Management Asia (Shanghai) Limited, Spring Bridge Partners (Longshore), LP, Spring Bridge Partners
(PES) Fund, LP, Spring Bridge Partners, L.P., SSG Capital Partners I Side Pocket, L.P., SSG Capital Partners II, L.P., SSG Capital Partners
III, LP, SSG Capital Partners IV SIDECAR, L.P., SSG Capital Partners IV, L.P., SSG Capital Partners V SIDECAR, L.P., SSG Capital Partners
V, L.P., SSG Secured Lending Opportunities I-A, L.P., SSG Secured Lending Opportunities II, L.P., Wafra Venture Master Fund I, VEF Group
Management, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Penni F. Roll</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Penni F. Roll</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: &nbsp;&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized Person</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Verification</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned states that she has duly executed
the attached application dated as of August&nbsp;30, 2024 for and on behalf of Ares Management Capital Markets LLC; that she is the Chief
Operating Officer of such company; and that all action by officers, directors, and other bodies necessary to authorize the undersigned
to execute and file such instrument has been taken. The undersigned further states that she is familiar with such instrument, and the
contents thereof, and that the facts therein set forth are true to the best of her knowledge, information and belief.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Capital Markets LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Heather Braun</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Heather Braun</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: &nbsp;&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Operating Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>APPENDIX A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Existing Advisers to Affiliated Funds are comprised
of the following investment advisers:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACIP Investment Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACOF Investment Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACOF Operating Manager II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACOF Operating Manager III, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACOF Operating Manager IV, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACOF Operating Manager, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ADREX Advisor LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AIREX Advisor LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">APSecurities Manager LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">j)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AREG Makena Management L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">k)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Alternative Credit Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">l)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Asia Management Ltd</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">m)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares ASIP VII Management, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Cactus Operating Manager, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Management II LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">p)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Management III LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">q)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">r)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Centre Street Management, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">s)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CIP (V)&nbsp;Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">t)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management XXVII, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">u)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management II, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">v)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management IIIR/IVR, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">w)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management VIR, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">y)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management VR, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">z)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management X, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aa)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management XI, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bb)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management XX, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cc)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management XXI, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dd)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Management XXIX, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ee)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Commercial Finance Management, LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ff)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Commercial Real Estate Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">gg)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CSF III Investment Management, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hh)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CSF IV Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ii)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CSF Operating Manager I, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jj)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares EIF Management, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kk)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Enhanced Credit Opportunities Investment Management II, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ll)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Enhanced Loan Investment Strategy Advisor IV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mm)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Enhanced Loan Management II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nn)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Enhanced Loan Management III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">oo)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Enhanced Loan Management IR, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">pp)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Loan Management LLP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qq)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares HICOF Operating Manager, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rr)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares High Yield Strategies Fund IV Management, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ss)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares ICOF II Management, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">tt)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares ICOF III Management LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uu)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares IDF Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vv)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Industrial Real Estate Fund GP LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ww)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Industrial Real Estate Fund Manager LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xx)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Institutional Structured Credit Management, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yy)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Insurance Solutions LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zz)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Asia (Cayman) Limited</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaa)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Asia (Australia) Pty Ltd</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbb)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Asia (Hong Kong) Limited</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Asia (Mauritius) Ltd</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Asia (Shanghai) Limited</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Asia (Singapore) Pte. Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">fff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Asia (Thailand) Limited</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ggg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Limited</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hhh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">iii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Luxembourg S.a.r.l.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jjj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management UK Limited</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kkk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Mezzanine Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">lll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares MSCF V (H)&nbsp;Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mmm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Account Management I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nnn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Real Estate Management Holdings, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ooo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Secondaries Advisors LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ppp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Loan Trust Management L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qqq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares SDL Capital Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rrr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Opportunity Management, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares U.S. CLO Management III LLC &ndash; Series&nbsp;A</FONT></TD></TR>

</TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 39 -->
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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ttt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASIP Operating Manager IV, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uuu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASOF Investment Management LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vvv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASSF Operating Manager III, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">www)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASSF Operating Manager IV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xxx)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">BCG BTC III Managing Member LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yyy)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chengdu Ares Yuankang Investment Management Co Ltd</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zzz)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CION Ares Management, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaaa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Crestline Denali Capital LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbbb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Industrial Property Advisors Sub III LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Asset Management, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Advisors LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eeee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Realty Advisors LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ffff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">VEF Group Management, LLC</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Existing Affiliated Funds are comprised of
the following groups, and all Existing Affiliated Funds are managed by Existing Advisers to Affiliated Funds:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Credit</U>:
The Ares Credit Group provides solutions for investors seeking to access a wide range of credit assets, including liquid credit, alternative
credit and direct lending products. The Credit Group capitalizes on opportunities across traded and non-traded corporate and consumer
debt across the U.S. and European markets, providing investors access to directly originated fixed and floating rate credit assets along
with the ability to capitalize on illiquidity premiums across the credit spectrum. The Credit Group offers the following credit strategies:
(i)&nbsp;direct lending, (ii)&nbsp;alternative credit and (iii)&nbsp;liquid credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The direct lending strategy includes, among other entities that are currently in existence but that are not currently expected to participate in the Co-Investment Transactions, the following Existing Affiliated Funds:</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACE III MASTER FUND, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACME Private Credit Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe IV (E)&nbsp;Levered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe IV (E)&nbsp;Unlevered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe IV (G)&nbsp;Levered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe IV (G)&nbsp;Unlevered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe V (E)&nbsp;Levered</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe V (E)&nbsp;Unlevered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe V (G)&nbsp;Levered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">j)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe V (G)&nbsp;Unlevered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">k)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe VI (E)&nbsp;Levered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">l)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe VI (E)&nbsp;Unlevered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">m)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe VI (E)&nbsp;II Levered, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe VI (E)&nbsp;II Unlevered, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe VI (G)&nbsp;Levered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">p)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Capital Europe VI (G)&nbsp;Unlevered</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">q)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CAPITAL EUROPE, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">r)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CENTRE STREET PARTNERSHIP, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">s)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES COMMERCIAL FINANCE LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">t)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Investment Partnership (CP), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">u)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Investment Partnership (MD), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">v)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Investment Partnership I (V)&nbsp;L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">w)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Investment Partnership II (A), L.P.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Investment Partnership II CD LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">y)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Strategies Feeder III UK, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">z)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CREDIT STRATEGIES FUND I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CREDIT STRATEGIES FUND III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Strategies Insurance Dedicated Fund - Series&nbsp;of SALI Multi Series&nbsp;Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CUSTOMIZED CREDIT FUND L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Direct Finance I LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Direct Lending Opportunities LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Direct Lending Opportunities Offshore LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">gg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Direct Lending Opportunities Parallel LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Emerald Private Credit LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments I (C), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments II (G), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments III (K), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments IV (A), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments V (X), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments VI (N), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">oo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments VII (CP), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">pp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments VIII (M), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Investments IX (AF), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Solutions Fund (Master) FCP </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES EUROPEAN CREDIT STRATEGIES FUND II (B), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">tt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES EUROPEAN CREDIT STRATEGIES FUND III (A), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund IV (M), L.P.</FONT></TD></TR>

</TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund IX (C), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ww)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund V (G)&nbsp;L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xx)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund VI (B), LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yy)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund VII (Palo Verde), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zz)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund X (T), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund XI (S), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund XII (Z), SCSp RAIF - Sub-Fund 1</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Credit Strategies Fund XII (Z), SCSp RAIF - Sub-Fund 2</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Jasper Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES MEZZANINE PARTNERS, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">fff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Minerva Co-Invest, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ggg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares ND Credit Strategies Fund LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hhh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Priority Loan Co-Invest LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">iii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Credit Solutions (Cayman), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jjj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Credit Solutions (Offshore) II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kkk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Credit Solutions II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">lll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Credit Solutions, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mmm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Opportunities (P)&nbsp;LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nnn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Credit Investment Partnership (CP) LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ooo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Credit Master Fund (U)&nbsp;III LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ppp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Credit Master Fund III LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qqq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Direct Lending Master Fund Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rrr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Direct Lending Master Fund II Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Direct Lending Parallel Fund (L)&nbsp;II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ttt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Direct Lending Parallel Fund (L), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uuu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Direct Lending Parallel Fund (U)&nbsp;B, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vvv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Direct Lending Parallel Fund (U)&nbsp;II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">www)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Senior Direct Lending Parallel Fund (U), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xxx)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares SFERS Credit Strategies Fund LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yyy)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares SME (Parallel), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zzz)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Sports, Media and Entertainment Finance (Offshore), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaaa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Sports, Media and Entertainment Finance, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbbb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Asia Direct Lending LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES UK CREDIT STRATEGIES, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chimney Tops Loan Fund, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eeee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MC Investments Parent L.P</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ffff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Private Credit Fund C-1 Holdco, LLC &ndash; Series&nbsp;1</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">gggg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Private Credit Fund C-1 Holdco, LLC &ndash; Series&nbsp;2</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hhhh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Private Credit Fund O, LLC</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The alternative credit strategy includes, among other entities that are currently in existence but that are not currently expected to participate in Co-Investment Transactions, the following Existing Affiliated Funds:</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Asset-Backed Loan Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Badger Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Global High Grade CLO Debt Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares High Income Credit Opportunities Fund II (Master) LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares High Income Credit Opportunities Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares ICOF II Master Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares ICOF III Fund (CAYMAN) LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares ICOF III Fund (Delaware) LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Multi-Credit Fund LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">j)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Multi-Credit Fund (IL) LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">k)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Pathfinder Core Fund (Offshore), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">l)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Pathfinder Core Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">m)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Pathfinder Fund (Offshore), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Pathfinder Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Pathfinder Fund II (Offshore), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">p)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Pathfinder Fund II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">q)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Targeted Liquid Asset Strategy LP</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 29px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The liquid credit strategy includes, among other entities that are currently in existence but that are not currently expected to participate in Co-Investment Transactions, the following Existing Affiliated Funds:</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Funding I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Funding III LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Warehouse 2021-6 Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares CLO Warehouse 2021-8 Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Hedge Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Diversified Credit Strategies Fund (S), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Diversified Credit Strategies Fund II (IM), L.P.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES ENHANCED CREDIT OPPORTUNITIES MASTER FUND II,&nbsp;LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES ENHANCED LOAN INVESTMENT STRATEGY II,&nbsp;LTD.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">j)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES ENHANCED LOAN INVESTMENT STRATEGY III,&nbsp;LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">k)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES ENHANCED LOAN INVESTMENT STRATEGY IR,&nbsp;LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">l)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES EUROPEAN CLO II B.V.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">m)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO IX Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES EUROPEAN CLO VI Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES EUROPEAN CLO VII Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">p)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO VIII Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">q)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO X Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">r)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO XI Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">s)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO XII Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">t)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO XIII Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">u)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO XIV Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">v)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO XV Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">w)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European CLO XVI Designated Activity Company</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Loan Funding II</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">y)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Loan Funding S.L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">z)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Global Credit Fund S.C.A., SICAV-RAIF - Ares European Loan Fund (G)</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Global Credit Fund S.C.A., SICAV-RAIF - Ares U.S. Loan Fund (G)</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Global Multi-Asset Credit Master Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES IIIR/IVR CLO LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES INCOME OPPORTUNITY FUND, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES INSTITUTIONAL CREDIT FUND L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Institutional High Yield Master Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">gg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Institutional Loan Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares L CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LI CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LIII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LIV CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LIX CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Loan Funding I,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">oo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Loan Funding II,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">pp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Loan Funding III,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Loan Trust 2011</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Loan Trust 2016</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LV CLO Ltd. (fka Ares CLO Warehouse 2018-6)</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">tt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LVI CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LVII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LVIII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ww)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LX CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xx)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXI CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yy)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zz)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXIII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXIV CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXV CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXVI CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXVII CLO Ltd.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXXI CLO Ltd.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">fff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares LXXI Income Note Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ggg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Marina Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hhh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Multi-Asset Credit Strategies Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">iii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Multi-Strategy Credit Fund V (H), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jjj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Opportunities (A)&nbsp;LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kkk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES SENIOR LOAN TRUST</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">lll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES STRATEGIC INVESTMENT PARTNERS IV</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mmm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES VIR CLO LTD.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nnn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES VR CLO,&nbsp;LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ooo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES X CLO LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ppp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES XI CLO LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qqq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XL CLO Ltd</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rrr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLI CLO Ltd</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ttt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLIII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uuu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLIV CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vvv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLIX CLO Ltd</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">www)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLV CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xxx)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLVI CLO LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yyy)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLVII CLO LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zzz)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XLVIII CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaaa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES XX CLO LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbbb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES XXI CLO LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES XXIX CLO LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES XXVII CLO LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eeee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XXVIIIR CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ffff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XXXIIR CLO Ltd.</FONT></TD></TR>

</TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">gggg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XXXIR CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hhhh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES XXXIV CLO LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">iiii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XXXIX CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jjjj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES XXXVII CLO, LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kkkk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES XXXVIII CLO, LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">llll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares XXXVR CLO Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mmmm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Crestline Denali CLO XIV,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nnnn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Crestline Denali CLO XV,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">oooo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Crestline Denali CLO XVI,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">pppp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Crestline Denali CLO XVII,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qqqq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Denali Capital CLO X,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rrrr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Denali Capital CLO XI,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ssss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Denali Capital CLO XII,&nbsp;Ltd.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Private
Equity</U>: The Ares Private Equity Group broadly categorizes its investment strategies into corporate private equity and special opportunities,
deploying capital across various market environments at attractive rates of return through control and non-control transactions. The Private
Equity Group includes, among other entities that are currently in existence but that are not currently expected to participate in Co-Investment
Transactions, the following Existing Affiliated Funds:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACOF IV ATD Co-Invest, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AF V APR Co-Invest, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ambition Holdings, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CORPORATE OPPORTUNITIES FUND ASIA, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CORPORATE OPPORTUNITIES FUND III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CORPORATE OPPORTUNITIES FUND IV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES CORPORATE OPPORTUNITIES FUND V, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Corporate Opportunities Fund VI Parallel (Foreign), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Corporate Opportunities Fund VI Parallel (TE), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">j)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Corporate Opportunities Fund VI, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">k)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Corporate Opportunities Fund VII, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">l)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Corporate Opportunities Fund VII Parallel (Foreign), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">m)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Corporate Opportunities Fund VII Parallel (Lux Foreign), SCSp</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Corporate Opportunities Fund VII Parallel (TE) , L.P.,</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares EHP Co-Invest Holdings, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">p)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Energy Opportunities Fund A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">q)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Energy Opportunities Fund B, L.P.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">r)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Energy Opportunities Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">s)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares EPIC Co-Invest II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">t)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares EPIC Co-Invest, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">u)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares MIC Asia LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">v)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares PA Opportunities Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">w)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares PBN Finance Co. LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares PBN Finance Co. II LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">y)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares PE Extended Value Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">z)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares PG Co-Invest L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Opportunities (CP), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Opportunities (N), LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Opportunities (NYC), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Private Opportunities 2020 (C), LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares RF Co-Invest (H), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares RF Co-Invest, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">gg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares RLG Co-Invest Holdings, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares RTH Co-Invest LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares SCM Co-Invest III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares SLR Co-Invest Holdings LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Special Opportunities Fund (Offshore), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Special Opportunities Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Special Opportunities Fund II (Jersey A) L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Special Opportunities Fund II (Jersey) L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">oo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Special Opportunities Fund II (Offshore), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">pp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Special Opportunities Fund II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES SPECIAL SITUATIONS FUND III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES SPECIAL SITUATIONS FUND IV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares SSG Capital Partners VI, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">tt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares SSG Excelsior Co-Investment, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES SSG SECURED LENDING OPPORTUNITIES III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares VAL Co-Invest Holdings I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ww)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares VAL Co-Invest Holdings II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xx)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASOF Delaware Feeder, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yy)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASOF Direct Investments (A), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zz)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chengdu Ares Yuanjing Equity Investment Fund L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Legacy SCM Aggregator, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Luomus Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG CAPITAL PARTNERS I SIDE POCKET, L.P.</FONT></TD></TR>

</TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG CAPITAL PARTNERS II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG CAPITAL PARTNERS III, LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">fff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG CAPITAL PARTNERS IV SIDECAR, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ggg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG CAPITAL PARTNERS IV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hhh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG CAPITAL PARTNERS V SIDECAR, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">iii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG CAPITAL PARTNERS V, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jjj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG SECURED LENDING OPPORTUNITIES I-A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kkk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SSG SECURED LENDING OPPORTUNITIES II, L.P.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Real
Assets:</U> Ares Real Assets Group manages equity and debt strategies across real estate and infrastructure investments through several
vehicles, including U.S. and European real estate equity closed-end funds, diversified commingled funds, a U.S. real estate equity, open-end
industrial-focused commingled fund, U.S. real estate debt open-end commingled funds, real estate equity and real estate debt separately
managed accounts, non-traded REITs, and a publicly traded commercial mortgage REIT. The Real Assets Group includes, among other entities
that are currently in existence but that are not currently expected to participate in Co-Investment Transactions, the following Existing
Affiliated Funds:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACIP Parallel Fund A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACIP Apex Co-Investment, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AEIF Kleen Investor, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AEIF Linden Blocker II LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AEPEP III N Strategic Co-Invest, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AEPEP IV N Strategic Co-Invest, L.P.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AREG AC Makena Holdings LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AREG Iberian Residential Co-Invest Vehicle SCSp</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AREG Kennedy Co-Invest S.C.A.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">j)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AREG Leopard Partners SCSp</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">k)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AREG LPKC Partners, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">l)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AREOF IV Co-Invest P, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">m)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Apex Pooling, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Climate Infrastructure Partners, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Climate Infrastructure Partners II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">p)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Climate Infrastructure Partners II-A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">q)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Climate Infrastructure Partners II-B, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">r)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Climate Infrastructure Strategies Fund (C), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">s)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Commercial Real Estate Corporation</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">t)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Core Infrastructure Fund</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">u)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Direct Investments (AC) LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">v)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES ENERGY INVESTORS FUND V, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">w)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Property Enhancement Parallel Partners III SCSp</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Property Enhancement Partners II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">y)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Property Enhancement Partners III SCSp</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">z)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Property Enhancement Partners IV SCSp</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares European Real Estate Fund VI SCSp</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Ground Lease Partners, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Industrial Real Estate Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infra Debt Strategies Fund (A), LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund VI (USD L) LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund VI (USD O U) LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">gg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund VI (USD U) LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Midway Partners, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Pan-European Logistics Partnership, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Prime DC Co-Invest Fund, LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Real Estate Enhanced Income Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Real Estate Secured Income Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares SB Co-Invest Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Fund X, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">oo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Fund X-A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">pp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Fund X-B, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Opportunity Fund III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Opportunity Fund IV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Opportunity Parallel Fund III-A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">tt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Opportunity Parallel Fund III-B, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Opportunity Parallel Fund IV-A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Opportunity Parallel Fund IV-B II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ww)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares US Real Estate Opportunity Parallel Fund IV-B, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xx)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Real Estate Income Trust Inc.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yy)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Diversified Real Estate Exchange LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zz)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Industrial Real Estate
    Exchange LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Industrial Real Estate Income Trust Inc.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial Partnership I LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial Partnership II LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Industrial Real Estate Income Trust Inc. - Build-To-Core Industrial Partnership III LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund V (ELP), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">fff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund V (EUR), L.P.</FONT></TD></TR>

</TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ggg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund V (GBP Hedged), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hhh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund V (JPY), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">iii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund V (Tranche SMA), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jjj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Fund V (USD Hedged), L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kkk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Asia (ELP No.&nbsp;1) L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">lll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Infrastructure Debt Asia (ELP No.&nbsp;2) L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mmm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cal Ares Real Estate Debt Partners, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nnn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EIF CHANNELVIEW BLOCKER, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ooo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EIF OREGON, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ppp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hush Lux S.a.r.l.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qqq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MC EUROPEAN REAL ESTATE DEBT PARENT LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rrr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MC European Real Estate Debt Parent II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">New CARS OP LLC</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Secondaries</U>:
The Ares Secondaries Group generally invests in secondary markets across a range of alternative asset class strategies, including private
equity, real estate and infrastructure. The Secondaries Group includes, among other entities that are currently in existence but that
are not currently expected to participate in Co-Investment Transactions, the following Existing Affiliated Funds:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Secondaries LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Secondaries (Lux) SCSp</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Credit Secondaries (Offshore) LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Insurance Infrastructure Secondaries Fund I LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Insurance PE Secondaries Fund I LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Insurance PE Secondaries Fund II LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Insurance RE Secondaries Fund I LP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares MC Credit Secondaries Co LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares RE Secondaries Co-Investment AD Fund LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">j)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Columbus Opportunity Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">k)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark - NYC Fund I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">l)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity CT Co-Investment Fund I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">m)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XIII, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XIII-A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XIV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">p)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">q)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XVI Co-Investment Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">r)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XVI, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">s)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XVII Co-Investment Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">t)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XVII, L.P</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">u)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Equity Partners XVII-B, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">v)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Growth Capital Partners, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">w)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Hudson Partners I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark IAM Growth Capital, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">y)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark IAM Real Estate Partnership V, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">z)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Infrastructure Partners II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Pacific Partners II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Pacific Partners, L.P. &ndash; Series&nbsp;A</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Pacific Partners, L.P. &ndash; Series&nbsp;B</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">dd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Pacific Partners, L.P. &ndash; Series&nbsp;C</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Partners 1907 Fund I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Partners 1907 Fund II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">gg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Partners 1907 Fund III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Partners Insurance Fund Series&nbsp;Interests of the SALI Multi-Series&nbsp;Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Private Opportunities (FG) 2021, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate CT Co-Investment Fund I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners IX Co-Investment Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners IX, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners Sunshine Co-Investment Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners V, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">oo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VI Offshore, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">pp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VI, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VII Offshore, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VII OPERS Co-Investment, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VII, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">tt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VIII Co-Investment Fund, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VIII, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VIII-A, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ww)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VIII-Campbell Co-Investment, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">xx)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners IX-Campbell Co-Investment, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">yy)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VII-IP Co-Investment, L.P.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">zz)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Real Estate Partners VI-OPERS Co-Investment, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">aaa)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Sing Co-Investment Fund I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">bbb)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark Tig Co-Investment Fund I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ccc)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark TX ERS Co-Investment Fund I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ddd)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Landmark TX ERS Co-Investment Fund II, L.P.</FONT></TD></TR>

</TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 58px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">eee)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">LWFB CO-INVESTMENT FUND I, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">fff)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL III - Outside Opportunities B</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ggg)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL INVESTMENTS II - OUTSIDE OPPORTUNITIES SERIES A</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hhh)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL INVESTMENTS II - OUTSIDE OPPORTUNITIES SERIES B</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">iii)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL Investments II - PE Series</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">jjj)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL Investments II - RA Series</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kkk)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL Investments II - RE Series</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">lll)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL Investments III PE Series</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mmm)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL Investments III RA Series</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">nnn)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL Investments III RE Series</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ooo)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL Investments III, L.P. Outside Opportunities Series&nbsp;A</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ppp)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL INVESTMENTS, L.P. - PE SERIES</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">qqq)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL INVESTMENTS, L.P. - RA SERIES</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">rrr)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NCL INVESTMENTS, L.P. - RE SERIES</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sss)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PASSERO 18, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ttt)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SPRING BRIDGE PARTNERS (LONGSHORE), LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">uuu)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SPRING BRIDGE PARTNERS (PES) FUND, LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">vvv)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SPRING BRIDGE PARTNERS, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">www)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wafra Venture Master Fund I</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Aspida</U>:
Aspida Holdings Ltd. (together with its successor entities, &ldquo;Aspida Holdings&rdquo;) engages in the insurance business through wholly
owned subsidiary insurance companies and insurance-related businesses, some organized in countries other than the United States and some
in the United States. Aspida invests most of its assets in securities, including investments in debt issued by private companies. Aspida
includes, among other entities that are currently in existence but that are not currently expected to participate in Co-Investment Transactions,
the following Existing Affiliated Funds:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Insurance Partners, L.P.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aspida Holdings Ltd.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aspida Holdings LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aspida Life Insurance Company</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aspida Life Re Ltd.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aspida Re (Bermuda) Ltd.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aspida Re Services Ltd.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aspida Risk Advisors, LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aspida Financial Services, LLC</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Existing Proprietary Account holds various financial assets in
a principal capacity. Ares Management and its affiliates have various business lines that they may operate through wholly- or majority-owned
subsidiaries, and the subsidiaries that exist and currently intend to participate in the proposed co-investment program have been included
as Applicants herein. The Existing Proprietary Account is included below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Existing Proprietary Account:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares Management Capital Markets LLC</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>APPENDIX B</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Existing
Downstream Ivy Hill Funds are each managed by Ivy Hill and include, among other entities that are currently in existence but that are
not currently expected to participate in Co-Investment Transactions, the following entities:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARES PRIVATE DEBT STRATEGIES FUND II, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COLTS 2005-2 LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IVY HILL INVESTMENT HOLDINGS, LLC</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IVY HILL MIDDLE MARKET CREDIT FUND IV,&nbsp;LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IVY HILL MIDDLE MARKET CREDIT FUND IX, LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IVY HILL MIDDLE MARKET CREDIT FUND V,&nbsp;LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IVY HILL MIDDLE MARKET CREDIT FUND VII,&nbsp;LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IVY HILL MIDDLE MARKET CREDIT FUND VIII,&nbsp;LTD.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IVY HILL MIDDLE MARKET CREDIT FUND XII, LTD</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">j)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Middle Market Credit Fund XIV, Ltd</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">k)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Middle Market Credit Fund XVI,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">l)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Middle Market Credit Fund XVII,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">m)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Middle Market Credit Fund XVIII,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Middle Market Credit Fund XIX,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Middle Market Credit Fund XX,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">p)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Middle Market Credit Fund XXI,&nbsp;Ltd.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">q)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Revolver Funding LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">r)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ivy Hill Revolver Funding II LP</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">s)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PRIVATE DEBT STRATEGIES FUND III, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">t)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PRIVATE DEBT STRATEGIES FUND IV, L.P.</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">u)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PRIVATE DEBT STRATEGIES FUND V, L.P.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>APPENDIX C</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Resolutions of the Board of Directors of<BR>
Ares Capital Corporation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE, BE IT RESOLVED</B></FONT>, that the officers (the &ldquo;<U>Officers</U>&rdquo;) of Ares Capital Corporation (the &ldquo;<U>Corporation</U>&rdquo;)
be, and they hereby are, authorized, empowered and directed, in the name and on behalf of the Corporation, to cause to be prepared, executed,
delivered and filed with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;) an application for an order pursuant
to Section&nbsp;57(i)&nbsp;of the Investment Company Act and Rule&nbsp;17d-l promulgated under the Investment Company Act of 1940 (an
 &ldquo;<U>Application</U>&rdquo;), to authorize the entering into of certain joint transactions and co-investments by the Corporation
with certain entities which may be deemed to be &ldquo;affiliates&rdquo; of the Corporation pursuant to the provisions of the Investment
Company Act of 1940, which such joint transactions and co-investments would otherwise be prohibited by Section&nbsp;57(a)(4)&nbsp;of the
Investment Company Act of 1940, and to do such other acts or things and execute such other documents as they deem necessary or desirable
to cause such application to comply with the Investment Company Act of 1940 and the rules&nbsp;and regulations promulgated thereunder,
in such form and accompanied by such exhibits and other documents, as the Officer or Officers preparing the same shall approve, such approval
to be conclusively evidenced by the filing of the Application;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Co-Investment Policy of the Corporation will be amended, substantially in a form restating the conditions
set forth in Section&nbsp;V of the Application and as finally approved by the Commission, upon final approval of the Application by the
Commission, in all respects as a policy of the Corporation and the Officers be, and they hereby are, authorized, empowered and directed,
in the name and on behalf of the Corporation, to take such action as they shall deem necessary or desirable to formalize such amended
policies and procedures, in such form as the Officer or Officers preparing the same shall approve, such approval to be conclusively evidenced
by the taking of any such action;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them acting alone hereby is, authorized and directed to file such additional Applications
as such officers, in their sole discretion, shall deem necessary or desirable in order for the Corporation to accomplish its investment
objective; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them hereby is, authorized, empowered and directed, in the name and on behalf of
the Corporation, to perform all of the agreements and obligations of the Corporation in connection with the foregoing resolutions and
to consummate the transactions contemplated thereby, to take or cause to be taken any and all further actions, to execute and deliver,
or cause to be executed and delivered, all other documents, instruments, agreements, undertakings, and certificates of any kind and nature
whatsoever, to incur and pay all fees and expenses and to engage such persons as the Officer or Officers may determine to be necessary,
advisable or appropriate to effectuate or carry out the purposes and intent of the foregoing resolutions, and the execution by the Officer
or Officers of any such documents, instruments, agreements, undertakings and certificates, the payment of any fees and expenses or the
engagement of such persons or the taking by them of any action in connection with the foregoing matters shall conclusively establish the
Officer&rsquo;s or Officers&rsquo; authority therefor and the authorization, acceptance, adoption, ratification, approval and confirmation
by the Corporation thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Adopted at a meeting held on February&nbsp;2, 2023)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Resolutions of the Board of Directors of<BR>
Ares Dynamic Credit Allocation Fund,&nbsp;Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE, BE IT RESOLVED</B></FONT>, that the officers (the &ldquo;<U>Officers</U>&rdquo;) of Ares Dynamic Credit Allocation Fund,&nbsp;Inc.
(the &ldquo;<U>Fund</U>&rdquo;) be, and they hereby are, authorized, empowered and directed, in the name and on behalf of the Fund, to
cause to be prepared, executed, delivered and filed with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;)
an application for an order pursuant to Section&nbsp;57(i)&nbsp;of the Investment Company Act and Rule&nbsp;17d-l promulgated under the
Investment Company Act of 1940 (an &ldquo;<U>Application</U>&rdquo;), to authorize the entering into of certain joint transactions and
co-investments by the Fund with certain entities which may be deemed to be &ldquo;affiliates&rdquo; of the Fund pursuant to the provisions
of the Investment Company Act of 1940, which such joint transactions and co-investments would otherwise be prohibited by Section&nbsp;57(a)(4)&nbsp;of
the Investment Company Act of 1940, and to do such other acts or things and execute such other documents as they deem necessary or desirable
to cause such application to comply with the Investment Company Act of 1940 and the rules&nbsp;and regulations promulgated thereunder,
in such form and accompanied by such exhibits and other documents, as the Officer or Officers preparing the same shall approve, such approval
to be conclusively evidenced by the filing of the Application;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that a Co-Investment Policy substantially in a form restating the conditions set forth in Section&nbsp;V of the Application
as finally approved by the Commission is hereby approved and will be adopted, upon final approval of the Application by the Commission,
in all respects as a policy of the Fund and the Officers be, and they hereby are, authorized, empowered and directed, in the name and
on behalf of the Fund, to take such action as they shall deem necessary or desirable to formalize such policies and streamline the approval
process for co-investment transactions with affiliates of the Fund, in such form as the Officer or Officers preparing the same shall approve,
such approval to be conclusively evidenced by the taking of any such action;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them acting alone hereby is, authorized and directed to file such additional Applications
as such officers, in their sole discretion, shall deem necessary or desirable in order for the Fund to accomplish its investment objective;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them hereby is, authorized, empowered and directed, in the name and on behalf of
the Fund, to perform all of the agreements and obligations of the Fund in connection with the foregoing resolutions and to consummate
the transactions contemplated thereby, to take or cause to be taken any and all further actions, to execute and deliver, or cause to be
executed and delivered, all other documents, instruments, agreements, undertakings, and certificates of any kind and nature whatsoever,
to incur and pay all fees and expenses and to engage such persons as the Officer or Officers may determine to be necessary, advisable
or appropriate to effectuate or carry out the purposes and intent of the foregoing resolutions, and the execution by the Officer or Officers
of any such documents, instruments, agreements, undertakings and certificates, the payment of any fees and expenses or the engagement
of such persons or the taking by them of any action in connection with the foregoing matters shall conclusively establish the Officer&rsquo;s
or Officers&rsquo; authority therefor and the authorization, acceptance, adoption, ratification, approval and confirmation by the Fund
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Adopted at a meeting held on February&nbsp;28, 2023)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Resolutions of the Board of Trustees of<BR>
CION Ares Diversified Credit Fund</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE, BE IT RESOLVED</B></FONT>, that the officers (the &ldquo;<U>Officers</U>&rdquo;) of CION Ares Diversified Credit Fund (the
 &ldquo;<U>Fund</U>&rdquo;) be, and they hereby are, authorized, empowered and directed, in the name and on behalf of the Fund, to cause
to be prepared, executed, delivered and filed with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;) an application
for an order pursuant to Section&nbsp;57(i)&nbsp;of the Investment Company Act and Rule&nbsp;17d-l promulgated under the Investment Company
Act of 1940 (an &ldquo;<U>Application</U>&rdquo;), to authorize the entering into of certain joint transactions and co-investments by
the Fund with certain entities which may be deemed to be &ldquo;affiliates&rdquo; of the Fund pursuant to the provisions of the Investment
Company Act of 1940, which such joint transactions and co-investments would otherwise be prohibited by Section&nbsp;57(a)(4)&nbsp;of the
Investment Company Act of 1940, and to do such other acts or things and execute such other documents as they deem necessary or desirable
to cause such application to comply with the Investment Company Act of 1940 and the rules&nbsp;and regulations promulgated thereunder,
in such form and accompanied by such exhibits and other documents, as the Officer or Officers preparing the same shall approve, such approval
to be conclusively evidenced by the filing of the Application;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Co-Investment Policy of the Fund will be amended, substantially in a form restating the conditions set forth
in Section&nbsp;V of the Application and as finally approved by the Commission, upon final approval of the Application by the Commission,
in all respects as a policy of the Fund and the Officers be, and they hereby are, authorized, empowered and directed, in the name and
on behalf of the Fund, to take such action as they shall deem necessary or desirable to formalize such amended policies and procedures,
in such form as the Officer or Officers preparing the same shall approve, such approval to be conclusively evidenced by the taking of
any such action;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them acting alone hereby is, authorized and directed to file such additional Applications
as such officers, in their sole discretion, shall deem necessary or desirable in order for the Fund to accomplish its investment objective;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them hereby is, authorized, empowered and directed, in the name and on behalf of
the Fund, to perform all of the agreements and obligations of the Fund in connection with the foregoing resolutions and to consummate
the transactions contemplated thereby, to take or cause to be taken any and all further actions, to execute and deliver, or cause to be
executed and delivered, all other documents, instruments, agreements, undertakings, and certificates of any kind and nature whatsoever,
to incur and pay all fees and expenses and to engage such persons as the Officer or Officers may determine to be necessary, advisable
or appropriate to effectuate or carry out the purposes and intent of the foregoing resolutions, and the execution by the Officer or Officers
of any such documents, instruments, agreements, undertakings and certificates, the payment of any fees and expenses or the engagement
of such persons or the taking by them of any action in connection with the foregoing matters shall conclusively establish the Officer&rsquo;s
or Officers&rsquo; authority therefor and the authorization, acceptance, adoption, ratification, approval and confirmation by the Fund
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Adopted at a meeting held on February&nbsp;28, 2023)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Resolutions of the Board of Trustees of<BR>
Ares Private Markets Fund</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE, BE IT RESOLVED</B></FONT>, that the officers (the &ldquo;<U>Officers</U>&rdquo;) of Ares Private Markets Fund (the &ldquo;<U>Fund</U>&rdquo;)
be, and they hereby are, authorized, empowered and directed, in the name and on behalf of the Fund, to cause to be prepared, executed,
delivered and filed with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;) an application for an order pursuant
to Section&nbsp;57(i)&nbsp;of the Investment Company Act and Rule&nbsp;17d-l promulgated under the Investment Company Act of 1940 (an
 &ldquo;<U>Application</U>&rdquo;), to authorize the entering into of certain joint transactions and co-investments by the Fund with certain
entities which may be deemed to be &ldquo;affiliates&rdquo; of the Fund pursuant to the provisions of the Investment Company Act of 1940,
which such joint transactions and co-investments would otherwise be prohibited by Section&nbsp;57(a)(4)&nbsp;of the Investment Company
Act of 1940, and to do such other acts or things and execute such other documents as they deem necessary or desirable to cause such application
to comply with the Investment Company Act of 1940 and the rules&nbsp;and regulations promulgated thereunder, in such form and accompanied
by such exhibits and other documents, as the Officer or Officers preparing the same shall approve, such approval to be conclusively evidenced
by the filing of the Application;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Co-Investment Policy of the Fund will be amended, substantially in a form restating the conditions set forth
in Section&nbsp;V of the Application and as finally approved by the Commission, upon final approval of the Application by the Commission,
in all respects as a policy of the Fund and the Officers be, and they hereby are, authorized, empowered and directed, in the name and
on behalf of the Fund, to take such action as they shall deem necessary or desirable to formalize such amended policies and procedures,
in such form as the Officer or Officers preparing the same shall approve, such approval to be conclusively evidenced by the taking of
any such action;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them acting alone hereby is, authorized and directed to file such additional Applications
as such officers, in their sole discretion, shall deem necessary or desirable in order for the Fund to accomplish its investment objective;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them hereby is, authorized, empowered and directed, in the name and on behalf of
the Fund, to perform all of the agreements and obligations of the Fund in connection with the foregoing resolutions and to consummate
the transactions contemplated thereby, to take or cause to be taken any and all further actions, to execute and deliver, or cause to be
executed and delivered, all other documents, instruments, agreements, undertakings, and certificates of any kind and nature whatsoever,
to incur and pay all fees and expenses and to engage such persons as the Officer or Officers may determine to be necessary, advisable
or appropriate to effectuate or carry out the purposes and intent of the foregoing resolutions, and the execution by the Officer or Officers
of any such documents, instruments, agreements, undertakings and certificates, the payment of any fees and expenses or the engagement
of such persons or the taking by them of any action in connection with the foregoing matters shall conclusively establish the Officer&rsquo;s
or Officers&rsquo; authority therefor and the authorization, acceptance, adoption, ratification, approval and confirmation by the Fund
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Adopted at a meeting held on February&nbsp;27, 2023)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Resolutions of the Board of Trustees of<BR>
Ares Strategic Income Fund</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE, BE IT RESOLVED</B></FONT>, that the officers (the &ldquo;<U>Officers</U>&rdquo;) of Ares Strategic Income Fund (the &ldquo;<U>Fund</U>&rdquo;)
be, and they hereby are, authorized, empowered and directed, in the name and on behalf of the Fund, to cause to be prepared, executed,
delivered and filed with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;) an application for an order pursuant
to Section&nbsp;57(i)&nbsp;of the Investment Company Act and Rule&nbsp;17d-l promulgated under the Investment Company Act of 1940 (an
 &ldquo;<U>Application</U>&rdquo;), to authorize the entering into of certain joint transactions and co-investments by the Fund with certain
entities which may be deemed to be &ldquo;affiliates&rdquo; of the Fund pursuant to the provisions of the Investment Company Act of 1940,
which such joint transactions and co-investments would otherwise be prohibited by Section&nbsp;57(a)(4)&nbsp;of the Investment Company
Act of 1940, and to do such other acts or things and execute such other documents as they deem necessary or desirable to cause such application
to comply with the Investment Company Act of 1940 and the rules&nbsp;and regulations promulgated thereunder, in such form and accompanied
by such exhibits and other documents, as the Officer or Officers preparing the same shall approve, such approval to be conclusively evidenced
by the filing of the Application;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Co-Investment Policy of the Fund will be amended, substantially in a form restating the conditions set forth
in Section&nbsp;V of the Application and as finally approved by the Commission, upon final approval of the Application by the Commission,
in all respects as a policy of the Fund and the Officers be, and they hereby are, authorized, empowered and directed, in the name and
on behalf of the Fund, to take such action as they shall deem necessary or desirable to formalize such amended policies and procedures,
in such form as the Officer or Officers preparing the same shall approve, such approval to be conclusively evidenced by the taking of
any such action;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them acting alone hereby is, authorized and directed to file such additional Applications
as such officers, in their sole discretion, shall deem necessary or desirable in order for the Fund to accomplish its investment objective;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESOLVED
FURTHER</B></FONT>, that the Officers be, and each of them hereby is, authorized, empowered and directed, in the name and on behalf of
the Fund, to perform all of the agreements and obligations of the Fund in connection with the foregoing resolutions and to consummate
the transactions contemplated thereby, to take or cause to be taken any and all further actions, to execute and deliver, or cause to be
executed and delivered, all other documents, instruments, agreements, undertakings, and certificates of any kind and nature whatsoever,
to incur and pay all fees and expenses and to engage such persons as the Officer or Officers may determine to be necessary, advisable
or appropriate to effectuate or carry out the purposes and intent of the foregoing resolutions, and the execution by the Officer or Officers
of any such documents, instruments, agreements, undertakings and certificates, the payment of any fees and expenses or the engagement
of such persons or the taking by them of any action in connection with the foregoing matters shall conclusively establish the Officer&rsquo;s
or Officers&rsquo; authority therefor and the authorization, acceptance, adoption, ratification, approval and confirmation by the Fund
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Adopted at a meeting held on February&nbsp;10, 2023)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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