Ares Management Corporation

With approximately $149 billion in assets under managementas of December 31, 2019, Ares Management Corporation (NYSE:ARES) is one of the largest global alternative asset managers, with three complementary and market leading investment groups: creditprivate equity and real estate. We believe the power of our combined platform makes us better investors and enables us to offer a broader range of flexible solutions along the risk reward spectrum.  As of December 31, 2019, Ares partners with over 106 insurance companies across $16.8 of mandates.  Strategies span Ares’ entire platform structured as separate accounts and commingled vehicles.

Ares Management Corporation

2019 YE — All values in USD billionsDefinitions

Firm Information

AUM, Firm Distribution

Insurance GenAcct 3rd PartyInsurance GenAcct AffilInsurance SepAcctAll Other FirmAUMTotal Firm AUM16.761132.155148.916
Ares Management Corporation

www.aresmgmt.com
2000 Avenue of the Stars, 12th Floor, Los Angeles, CA 90067

Amanda Healy & Robert Torretti
Corporate Strategy & Relationship Management
ahealy@aresmgmt.com
rtorretti@aresmgmt.com
212-515-3351
212-515-3385

Service Offerings & Client Profiles

Insurer Services
Investment Accounting OutsourcingNALM PartneringN
Customized Portfolio ReportingYRegulatory AssistanceY
Insurance Client Web PortalNStrategic Asset Allocation AdviceY
Peer AnalyticsNTactical Asset Alloc / Multi-Asset Portfolio MgtY
Capital Modelling & ManagementNInsurance Client ConferencesY
Income & Cash Flow ProjectionsYESG Specific Products Placed with InsurersY

Client Type Count

Life HealthPropertyCasualtyReinsurance(All Lines)Multi-LineOtherTotal ClientCount4115743106

Client Relationship Size

<$250mn$250mn – $1bn$1 – $5bn5 – $10bn>$10bn

AUM Summary

3rd Party General Account Public Private Total
Fixed Income3.31211.57114.883
Equities1.8781.878
Total3.31213.44916.761
Firm Public Private Total
Fixed Income32.15286.743118.895
Equities30.02130.021
Total32.152116.764148.916
Regions 3P-GA Firm
N America10.092
Europe & UK3.739
APAC2.05
Offshore0.88
Other

AUM Details

Public Fixed Income 3P-GA Firm
Cash/Short-Term
Governments & Agencies
Corporates
Municipals, Tax-Preferenced
Municipals, Taxable
Securitized – RMBS
Securitized – All Other
Convertibles
High Yield0.9323.494
Bank/Leveraged Loans0.61822.32
CLOs1.2963.185
Emerging Markets – Sovereigns
Emerging Markets – Corporates
Other0.4653.154
Public Equities 3P-GA Firm
Large Cap
Mid Cap
Small Cap
Global Developed Markets
Emerging Markets
Quant/Smart Beta
Mkt Neutral / Long-Short / Liquid Alts
Dividend-Tilt
Passive SMAs
Other
Private Fixed Income 3P-GA Firm
Private Placements – Traditional
Corporate – Middle Market7.9874.549
RE – CMLs0.7150.92
RE – All Other Debt0.2613.906
Infrastructure Debt1.035
Structured2.1873.841
High Yield8.40778.075
Other
Private Equity, Equity Alts 3P-GA Firm
PE / VC0.96818.406
RE Equity0.5628.381
Infrastructure Equity0.3483.235
Hedge Funds
Other