For Periods beginning March 1, 2018 and later, Ares investors to
receive Form 1099-DIV Reporting
LOS ANGELES--(BUSINESS WIRE)--
Ares Management Corporation (NYSE: ARES) announced today that the 2018
final partnership Schedule K-1s will be mailed for both Ares Common
Units and Ares Series A Preferred Units for the period January 1, 2018
through February 28, 2018. As a reminder, these will be the last and
final partnership Schedule K-1s issued since Ares elected to be treated
as a corporation for U.S. federal and state tax purposes effective March
1, 2018. Investors should have received a 2018 Form 1099-DIV from their
brokers reporting all 2018 distributions from Ares Management
Corporation made after March 1, 2018, the effective date of the tax
election. To access tax information (including Schedule K-1s), investors
may go to www.aresmgmt.com
on the Investor Resources section under Tax Information or they may
visit Tax Package Support at www.taxpackagesupport.com/ares.
Mailing of the 2018 K-1s is expected to commence today and should be
completed by March 31, 2019.
For additional assistance and information, ARES investors may call Tax
Package Support toll free at 855-826-8319.
About Ares Management Corporation
Ares Management Corporation is a publicly traded, leading global
alternative asset manager with approximately $131 billion of assets
under management as of December 31, 2018 and 18 offices in the United
States, Europe, Asia and Australia. Since its inception in 1997, Ares
has adhered to a disciplined investment philosophy that focuses on
delivering strong risk-adjusted investment returns throughout market
cycles. Ares believes each of its three distinct but complementary
investment groups in Credit, Private Equity and Real Estate is a market
leader based on assets under management and investment performance. Ares
was built upon the fundamental principle that each group benefits from
being part of the greater whole. For more information, visit www.aresmgmt.com.
Forward-Looking Statements
Statements included herein may constitute “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of
1995, which relate to future events or our future performance or
financial condition. These statements are not guarantees of future
performance, condition or results and involve a number of risks and
uncertainties. Actual results may differ materially from those in the
forward-looking statements as a result of a number of factors, including
those described from time to time in our filings with the Securities and
Exchange Commission. Ares Management Corporation undertakes no duty to
update any forward-looking statements made herein.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190322005044/en/
Investors:
Ares Management Corporation
Carl Drake,
800-340-6597 or
Veronica Mendiola
212-808-1150
Source: Ares Management Corporation
