Amount and Payment Date Remain Unchanged
LOS ANGELES--(BUSINESS WIRE)--
Ares Management, L.P. (NYSE:ARES) (the “Company”) today announced that
the record date for the Company’s upcoming first quarter common
distribution has been moved from May 22, 2017 to May 30, 2017. The
change in date ensures that the record date for the distribution is
consistent with stock exchange requirements. The previously announced
distribution of $0.13 per common unit and payment date of June 5, 2017
remain unchanged.
About Ares Management, L.P.
Ares Management, L.P. is a publicly traded, leading global alternative
asset manager with approximately $100 billion of assets under management
as of March 31, 2017 and more than 15 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, L.P. undertakes no duty to update
any forward-looking statements made herein or on the webcast/conference
call.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170518006453/en/
Investors:
Ares Management, L.P.
Carl Drake,
800-340-6497
[email protected]
or
Priscila
Roney, 212-808-1185
[email protected]
or
Media:
Mendel
Communications
Bill Mendel, 212-397-1030
[email protected]
Source: Ares Management, L.P.
