Item 1. | |
(a) | Name of issuer:
Ares Management Corporation |
(b) | Address of issuer's principal executive
offices:
1800 Avenue of the Stars Suite 1400 Los Angeles, CA, 90067 |
Item 2. | |
(a) | Name of person filing:
This statement is filed by Ryan Berry, referred to herein as the "Reporting Person." |
(b) | Address or principal business office or, if
none, residence:
1800 Avenue of the Stars, Suite 1400
Los Angeles, CA 90067 |
(c) | Citizenship:
See response to Item 4 on the cover page. |
(d) | Title of class of securities:
Class A common stock, par value $0.01 per share |
(e) | CUSIP No.:
03990B101 |
Item 3. | If this statement is filed pursuant to §§
240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
(f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
(g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813); |
(i) | A
church plan that is excluded from the definition of an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: |
(k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
| |
Item 4. | Ownership |
(a) | Amount beneficially owned:
See response to Item 9 on the cover page.
The securities reported on this Schedule 13G include an aggregate of 541,528 Class A Shares which includes 201,702 RSUs reported on the cover page of this Schedule 13G. |
(b) | Percent of class:
See response to Item 11 on the cover page.
The percentage reflected on the cover page to this Schedule 13G is calculated based on (i) an aggregate of 203,362,482 Class A Shares outstanding as of December 31, 2024, as reported by the Issuer, as increased by (ii) 201,702 Class A Shares issuable in respect of RSUs held by the Reporting Person.
Due to the Reporting Person ceasing to be a member of the Board of Managers of Ares Partners Holdco LLC, the Reporting Person is no longer considered part of a group which could be deemed to beneficially own more than 5% of the outstanding Class A Shares. % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
See response to Item 5 on the cover page.
|
| (ii) Shared power to vote or to direct the
vote:
See response to Item 6 on the cover page.
|
| (iii) Sole power to dispose or to direct the
disposition of:
See response to Item 7 on the cover page.
|
| (iv) Shared power to dispose or to direct the
disposition of:
See response to Item 8 on the cover page.
|
Item 5. | Ownership of 5 Percent or Less of a Class. |
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Ownership of 5 percent or less of a class |
Item 6. | Ownership of more than 5 Percent on Behalf of
Another Person. |
|
Not Applicable
|
Item 7. | Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or
Control Person. |
|
Not Applicable
|
Item 8. | Identification and Classification of Members
of the Group. |
|
Not Applicable
|
Item 9. | Notice of Dissolution of Group. |
|
Not Applicable
|