[SCHEDULE 13G/A] Ares Management Corporation SEC Filing
Antony P. Ressler reports beneficial ownership of 116,094,251 Class A shares of Ares Management Corporation, representing 35.5% of the Class A stock on the reporting basis. That total reflects 1,775,153 Class A shares held in a charitable foundation for which he serves as trustee (sole voting and dispositive power) plus shared voting and dispositive power over 7,036,729 Class A shares and 107,282,369 AOG Units that are convertible one-for-one into Class A shares and are held by Ares Owners Holdings L.P.
The filing explains the ownership calculation is based on 219,370,893 Class A shares outstanding as provided by the issuer, increased by the 107,282,369 shares issuable on conversion of the AOG Units. It also discloses that Ares Partners Holdco LLC is the general partner of Ares Owners and that the Reporting Person generally has veto authority over decisions of its board of managers.
Antony P. Ressler dichiara la titolarit脿 effettiva di 116,094,251 azioni di Classe A di Ares Management Corporation, pari al 35,5% delle azioni di Classe A sulla base dichiarata. Tale totale comprende 1,775,153 azioni di Classe A detenute in una fondazione benefica di cui 猫 fiduciario (con potere esclusivo di voto e di disposizione) oltre al potere di voto e di disposizione condiviso su 7,036,729 azioni di Classe A e su 107,282,369 AOG Units convertibili uno a uno in azioni di Classe A e detenute da Ares Owners Holdings L.P.
La comunicazione precisa che il calcolo della partecipazione si basa su 219,370,893 azioni di Classe A in circolazione indicate dall'emittente, aumentate delle 107,282,369 azioni emettibili a seguito della conversione delle AOG Units. Inoltre viene rivelato che Ares Partners Holdco LLC 猫 il general partner di Ares Owners e che la persona che presenta la comunicazione ha generalmente il potere di veto sulle decisioni del suo consiglio di amministrazione.
Antony P. Ressler declara la propiedad beneficiaria de 116,094,251 acciones Clase A de Ares Management Corporation, que representan el 35.5% de las acciones Clase A seg煤n el c谩lculo presentado. Ese total incluye 1,775,153 acciones Clase A mantenidas en una fundaci贸n ben茅fica de la que es fideicomisario (con poder exclusivo de voto y de disposici贸n), adem谩s del poder compartido de voto y de disposici贸n sobre 7,036,729 acciones Clase A y 107,282,369 AOG Units convertibles uno a uno en acciones Clase A y que est谩n en manos de Ares Owners Holdings L.P.
La presentaci贸n explica que el c谩lculo de la participaci贸n se basa en 219,370,893 acciones Clase A en circulaci贸n seg煤n lo proporcionado por el emisor, incrementadas por las 107,282,369 acciones susceptibles de emisi贸n por conversi贸n de las AOG Units. Tambi茅n revela que Ares Partners Holdco LLC es la socia general de Ares Owners y que la persona informante suele tener facultad de veto sobre las decisiones de su junta directiva.
鞎れ劀雼� P. 霠堨姮霟姅 Ares Management Corporation鞚� Class A 欤检嫕 116,094,251欤�鞐� 雽�頃� 鞁れ唽鞙犼秾鞚� 鞁犼碃頄堨溂氅�, 鞚措姅 氤搓碃 旮办鞙茧 Class A 欤检嫕鞚� 35.5%鞐� 頃措嫻頃╇媹雼�. 鞚� 齑濎暋鞐愲姅 攴戈皜 靾橅儊鞛�(雼弲 鞚橁舶甓� 氚� 觳橂秳甓� 氤挫湢)搿� 鞛堧姅 鞛愳劆鞛嫧鞚� Class A 欤检嫕 1,775,153欤�鞕� Ares Owners Holdings L.P.臧� 氤挫湢頃橁碃 1雽�1搿� Class A 欤检嫕鞙茧 鞝勴櫂 臧�電ロ暅 Class A 欤检嫕 7,036,729欤� 氚� 107,282,369 AOG 鞙犽嫑鞐� 雽�頃� 瓿惦彊 鞚橁舶甓� 氚� 觳橂秳甓岇澊 韽暔霅╇媹雼�.
鞁犼碃靹滌棎電� 氤挫湢 歆�攵� 瓿勳偘鞚� 氚滍枆鞚胳澊 鞝滉车頃� 219,370,893欤�鞚� Class A 欤检嫕 鞙犿喌 欤检垬毳� 旮办鞙茧 頃橂┌, 鞐赴鞐� 107,282,369欤�鞚� AOG 鞙犽嫑 鞝勴櫂鞙茧 氚滍枆霅� 欤检嫕靾橂ゼ 雿旐暅 瓴冹澊霛缄碃 靹る獏霅橃柎 鞛堨姷雼堧嫟. 霕愴暅 Ares Partners Holdco LLC臧� Ares Owners鞚� 鞚茧皹 韺岉姼雱堨瀯鞚� 瓿店皽頃橂┌, 氤搓碃鞛愲姅 鞚茧皹鞝侅溂搿� 攴� 鞚挫偓須� 瓴办爼鞐� 雽�頃� 瓯半秬甓�(牍勴啝 甓岉暅)鞚� 臧�歆�瓿� 鞛堧嫟瓿� 氇呾嫓頃橁碃 鞛堨姷雼堧嫟.
Antony P. Ressler d茅clare la propri茅t茅 b茅n茅ficiaire de 116,094,251 actions de Classe A d'Ares Management Corporation, repr茅sentant 35,5 % des actions de Classe A sur la base du rapport. Ce total comprend 1,775,153 actions de Classe A d茅tenues dans une fondation caritative dont il est le fiduciaire (pouvoir exclusif de vote et de disposition), ainsi que des pouvoirs de vote et de disposition partag茅s sur 7,036,729 actions de Classe A et 107,282,369 AOG Units convertibles 脿 raison d'une action par unit茅 et d茅tenues par Ares Owners Holdings L.P.
Le d茅p么t pr茅cise que le calcul de la participation se fonde sur 219,370,893 actions de Classe A en circulation fournies par l'茅metteur, augment茅es des 107,282,369 actions susceptibles d'锚tre 茅mises lors de la conversion des AOG Units. Il r茅v猫le 茅galement qu'Ares Partners Holdco LLC est le commandit茅 d'Ares Owners et que la personne d茅clarante dispose en g茅n茅ral d'un droit de veto sur les d茅cisions de son conseil d'administration.
Antony P. Ressler meldet das wirtschaftliche Eigentum an 116,094,251 Class A鈥慉ktien der Ares Management Corporation, was auf der Berichtsbasis 35,5% der Class A鈥慉nteile entspricht. Dieser Gesamtbetrag umfasst 1,775,153 Class A鈥慉ktien, die in einer wohlt盲tigen Stiftung gehalten werden, f眉r die er als Treuh盲nder fungiert (alleinige Stimm鈥� und Verf眉gungsbefugnis), sowie gemeinsame Stimm鈥� und Verf眉gungsrechte an 7,036,729 Class A鈥慉ktien und an 107,282,369 AOG鈥慐inheiten, die eins zu eins in Class A鈥慉ktien umwandelbar sind und von Ares Owners Holdings L.P. gehalten werden.
Die Einreichung erl盲utert, dass die Beteiligungsberechnung auf 219,370,893 ausstehenden Class A鈥慉ktien beruht, wie vom Emittenten angegeben, zuz眉glich der 107,282,369 Aktien, die durch Umwandlung der AOG鈥慐inheiten ausgegeben werden k枚nnten. Weiterhin wird offengelegt, dass Ares Partners Holdco LLC der Komplement盲r von Ares Owners ist und dass die meldende Person in der Regel ein Vetorecht gegen眉ber Entscheidungen ihres Gesch盲ftsf眉hrungsrats hat.
- Large disclosed stake: Reporting Person beneficially owns 116,094,251 shares, representing 35.5% of Class A on the reported basis
- Convertible units included: The position explicitly includes 107,282,369 AOG Units convertible one-for-one into Class A shares, clarifying dilution and conversion impact
- Governance influence disclosed: The filing states the Reporting Person generally has veto authority over Ares Owners' board decisions
- None.
Insights
TL;DR: Reporting Person holds a large, clearly disclosed economic and voting stake: 116.1M shares (35.5%), including convertible units.
The Schedule 13G/A documents a significant ownership position that combines direct shares, shares held via a charitable foundation, and a large position in AOG Units convertible one-for-one into Class A shares. The combined stake and the conversion mechanics materially affect the reported percentage of the class because the filer counts the 107,282,369 AOG Units in the ownership base. The disclosure of veto authority over Ares Owners' board indicates a formal influence mechanism over key partnership decisions. This is a material, routine ownership disclosure with clear implications for control and capital structure.
TL;DR: Ownership concentration and disclosed veto rights signal meaningful governance influence but the filer disclaims a formal "group" relationship.
The filing presents both economic and governance details: solitary voting/control of 1,775,153 shares via a foundation, and shared voting/dispositive power over 114,319,098 shares including convertible AOG Units. The statement explicitly disclaims membership in a Section 13(d) group with other Board Members and Ares Owners, while describing the board composition and the Reporting Person's veto authority. For governance assessment, these facts are material because they outline formal influence channels and the aggregation method used to calculate the 35.5% stake.
Antony P. Ressler dichiara la titolarit脿 effettiva di 116,094,251 azioni di Classe A di Ares Management Corporation, pari al 35,5% delle azioni di Classe A sulla base dichiarata. Tale totale comprende 1,775,153 azioni di Classe A detenute in una fondazione benefica di cui 猫 fiduciario (con potere esclusivo di voto e di disposizione) oltre al potere di voto e di disposizione condiviso su 7,036,729 azioni di Classe A e su 107,282,369 AOG Units convertibili uno a uno in azioni di Classe A e detenute da Ares Owners Holdings L.P.
La comunicazione precisa che il calcolo della partecipazione si basa su 219,370,893 azioni di Classe A in circolazione indicate dall'emittente, aumentate delle 107,282,369 azioni emettibili a seguito della conversione delle AOG Units. Inoltre viene rivelato che Ares Partners Holdco LLC 猫 il general partner di Ares Owners e che la persona che presenta la comunicazione ha generalmente il potere di veto sulle decisioni del suo consiglio di amministrazione.
Antony P. Ressler declara la propiedad beneficiaria de 116,094,251 acciones Clase A de Ares Management Corporation, que representan el 35.5% de las acciones Clase A seg煤n el c谩lculo presentado. Ese total incluye 1,775,153 acciones Clase A mantenidas en una fundaci贸n ben茅fica de la que es fideicomisario (con poder exclusivo de voto y de disposici贸n), adem谩s del poder compartido de voto y de disposici贸n sobre 7,036,729 acciones Clase A y 107,282,369 AOG Units convertibles uno a uno en acciones Clase A y que est谩n en manos de Ares Owners Holdings L.P.
La presentaci贸n explica que el c谩lculo de la participaci贸n se basa en 219,370,893 acciones Clase A en circulaci贸n seg煤n lo proporcionado por el emisor, incrementadas por las 107,282,369 acciones susceptibles de emisi贸n por conversi贸n de las AOG Units. Tambi茅n revela que Ares Partners Holdco LLC es la socia general de Ares Owners y que la persona informante suele tener facultad de veto sobre las decisiones de su junta directiva.
鞎れ劀雼� P. 霠堨姮霟姅 Ares Management Corporation鞚� Class A 欤检嫕 116,094,251欤�鞐� 雽�頃� 鞁れ唽鞙犼秾鞚� 鞁犼碃頄堨溂氅�, 鞚措姅 氤搓碃 旮办鞙茧 Class A 欤检嫕鞚� 35.5%鞐� 頃措嫻頃╇媹雼�. 鞚� 齑濎暋鞐愲姅 攴戈皜 靾橅儊鞛�(雼弲 鞚橁舶甓� 氚� 觳橂秳甓� 氤挫湢)搿� 鞛堧姅 鞛愳劆鞛嫧鞚� Class A 欤检嫕 1,775,153欤�鞕� Ares Owners Holdings L.P.臧� 氤挫湢頃橁碃 1雽�1搿� Class A 欤检嫕鞙茧 鞝勴櫂 臧�電ロ暅 Class A 欤检嫕 7,036,729欤� 氚� 107,282,369 AOG 鞙犽嫑鞐� 雽�頃� 瓿惦彊 鞚橁舶甓� 氚� 觳橂秳甓岇澊 韽暔霅╇媹雼�.
鞁犼碃靹滌棎電� 氤挫湢 歆�攵� 瓿勳偘鞚� 氚滍枆鞚胳澊 鞝滉车頃� 219,370,893欤�鞚� Class A 欤检嫕 鞙犿喌 欤检垬毳� 旮办鞙茧 頃橂┌, 鞐赴鞐� 107,282,369欤�鞚� AOG 鞙犽嫑 鞝勴櫂鞙茧 氚滍枆霅� 欤检嫕靾橂ゼ 雿旐暅 瓴冹澊霛缄碃 靹る獏霅橃柎 鞛堨姷雼堧嫟. 霕愴暅 Ares Partners Holdco LLC臧� Ares Owners鞚� 鞚茧皹 韺岉姼雱堨瀯鞚� 瓿店皽頃橂┌, 氤搓碃鞛愲姅 鞚茧皹鞝侅溂搿� 攴� 鞚挫偓須� 瓴办爼鞐� 雽�頃� 瓯半秬甓�(牍勴啝 甓岉暅)鞚� 臧�歆�瓿� 鞛堧嫟瓿� 氇呾嫓頃橁碃 鞛堨姷雼堧嫟.
Antony P. Ressler d茅clare la propri茅t茅 b茅n茅ficiaire de 116,094,251 actions de Classe A d'Ares Management Corporation, repr茅sentant 35,5 % des actions de Classe A sur la base du rapport. Ce total comprend 1,775,153 actions de Classe A d茅tenues dans une fondation caritative dont il est le fiduciaire (pouvoir exclusif de vote et de disposition), ainsi que des pouvoirs de vote et de disposition partag茅s sur 7,036,729 actions de Classe A et 107,282,369 AOG Units convertibles 脿 raison d'une action par unit茅 et d茅tenues par Ares Owners Holdings L.P.
Le d茅p么t pr茅cise que le calcul de la participation se fonde sur 219,370,893 actions de Classe A en circulation fournies par l'茅metteur, augment茅es des 107,282,369 actions susceptibles d'锚tre 茅mises lors de la conversion des AOG Units. Il r茅v猫le 茅galement qu'Ares Partners Holdco LLC est le commandit茅 d'Ares Owners et que la personne d茅clarante dispose en g茅n茅ral d'un droit de veto sur les d茅cisions de son conseil d'administration.
Antony P. Ressler meldet das wirtschaftliche Eigentum an 116,094,251 Class A鈥慉ktien der Ares Management Corporation, was auf der Berichtsbasis 35,5% der Class A鈥慉nteile entspricht. Dieser Gesamtbetrag umfasst 1,775,153 Class A鈥慉ktien, die in einer wohlt盲tigen Stiftung gehalten werden, f眉r die er als Treuh盲nder fungiert (alleinige Stimm鈥� und Verf眉gungsbefugnis), sowie gemeinsame Stimm鈥� und Verf眉gungsrechte an 7,036,729 Class A鈥慉ktien und an 107,282,369 AOG鈥慐inheiten, die eins zu eins in Class A鈥慉ktien umwandelbar sind und von Ares Owners Holdings L.P. gehalten werden.
Die Einreichung erl盲utert, dass die Beteiligungsberechnung auf 219,370,893 ausstehenden Class A鈥慉ktien beruht, wie vom Emittenten angegeben, zuz眉glich der 107,282,369 Aktien, die durch Umwandlung der AOG鈥慐inheiten ausgegeben werden k枚nnten. Weiterhin wird offengelegt, dass Ares Partners Holdco LLC der Komplement盲r von Ares Owners ist und dass die meldende Person in der Regel ein Vetorecht gegen眉ber Entscheidungen ihres Gesch盲ftsf眉hrungsrats hat.
FAQ
How many Ares (ARES) Class A shares does Antony P. Ressler beneficially own?
What percentage of Ares Class A stock does Antony P. Ressler hold according to this filing?
Does the ownership include convertible units or other instruments?
How much sole versus shared voting power does Ressler report?
Does the filing state any governance roles or control features?
