Carl Drake | Head of Public Investor Relations |
Michael Arougheti | Chief Executive Officer |
Michael McFerran | Chief Operating Officer and Chief Financial Officer |
Kipp deVeer | Head of Credit Group |
Blair Jacobson | Co-Head of European Direct Lending |
Bennett Rosenthal | Co-Head of Private Equity Group |
Gerald O'Hara | Jefferies |
Michael Needham | Bank of America Merrill Lynch |
Ken Worthington | JPMorgan |
Kenneth Lee | RBC Capital Markets |
Chris Harris | Wells Fargo |
Robert Lee | KBW |
Daniel Jacoby | Goldman Sachs |
Michael Cyprys | Morgan Stanley |
Welcome to Ares Management, L.P.
Second Quarter 2018 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded on Thursday, August 2, 2018. I will now turn the call over to Carl Drake, Head of Public Investor Relations for Ares Management.
Good afternoon and thank you for joining us today for our second quarter 2018 conference call.