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The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
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OMB APPROVAL
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OMB Number:
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3235-0006
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Expires:
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Oct 31, 2018
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Estimated average burden
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hours per response:
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23.8
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Report for the Calendar Year or Quarter Ended:
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03-31-2026
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Check here if Amendment
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Amendment Number:
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This Amendment (Check only one.):
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is a restatement.
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adds new holdings entries.
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Institutional Investment Manager Filing this Report:
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Name:
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ARES MANAGEMENT LLC
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Address:
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1800 AVENUE OF THE STARS
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SUITE 1400
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LOS ANGELES, CA 90067
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Form 13F File Number:
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028-12990
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The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.
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Person Signing this Report on Behalf of Reporting Manager:
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Name:
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Richa Gulati
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Title:
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Chief Compliance Officer
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Phone:
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646-960-3838
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Signature, Place, and Date of Signing:
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/s/ Richa Gulati
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New York, NY
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05-15-2026
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[Signature]
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[City, State]
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[Date]
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In accordance with Special Instruction 9 to Form 13F, fair market value represents the value at the close of trading on the last trading day of the calendar year or quarter, as applicable. The Reporting Manager may not have formal investment discretion with respect to all listed securities, but may be deemed to be part of a group exercising such investment discretion, including, but not limited to, any managers identified in the column captioned "Other Managers". The filing of this report shall not be deemed an admission, for purposes of Section 13(f), 13(d), 13(g), or 16(a) under the Securities Exchange Act of 1934, as amended, and the rules thereunder, or for any other purpose, that the Reporting Manager or any Other Included Manager exercises investment discretion or is a member of such a group with respect to such securities. Reference is made to reports filed under Sections 13(d), 13(g), and 16(a) for additional information with respect to such beneficial ownership and/or pecuniary interest of the Reporting Manager, any Other Included Manager and related entities. The filing of this report shall not be deemed an admission, for purposes of Section 13(f), 13(d), 13(g), or 16(a) under the Securities Exchange Act of 1934, as amended, and the rules thereunder, or for any other purpose, that the Reporting Manager or any other person (including Other Included Managers named herein) is the beneficial owner of any securities.
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Report Type (Check only one.):
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X
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13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
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13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
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13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
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Form 13F Summary Page
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Report Summary:
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Number of Other Included Managers:
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4
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Form 13F Information Table Entry Total:
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37
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Form 13F Information Table Value Total:
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1,517,199,895
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(thousands)
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List of Other Included Managers:
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Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
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[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]
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No.
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Form 13F File Number
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Name
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1
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028-18057
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ACOF Investment Management LLC
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2
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028-18943
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ASSF Operating Manager IV, L.P.
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3
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028-21339
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ASOF Investment Management LLC
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4
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028-17562
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Ares Capital Management III LLC
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