Carl Drake | Head, Investor Relations |
Michael Arougheti | Chief Executive Officer and President |
Mike McFerran | Chief Operating Officer and Chief Financial Officer |
Kipp deVeer | Partner, Ares Management GP |
Jordan Friedlander | Credit Suisse |
Brent Dilts | UBS |
Michael Carrier | Bank of America |
Kenneth Lee | RBC Capital |
Allison Tayler Rudary | Oppenheimer |
Alex Blostein | Goldman Sachs |
Michael Cyprys | Morgan Stanley |
Good day and welcome to Ares Management, L.P.’s First Quarter 2018 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded on Thursday, May 3, 2018. I will now turn the call over to Mr. Carl Drake, Head of Investor Relations for Ares Management. Mr.