# EDGAR Filing Document

**Accession Number:** 0001562245
**File Stem:** 0001628280-26-016380
**Filing Date:** 2026-3
**Character Count:** 2542
**Document Hash:** befbba359ee6c3103c1f21b69016ab9d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-016380.hdr.sgml**: 20260310

**ACCESSION NUMBER**: 0001628280-26-016380

**CONFORMED SUBMISSION TYPE**: X-17A-5

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260310

**DATE AS OF CHANGE**: 20260310

**EFFECTIVENESS DATE**: 20260310

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ARES MANAGEMENT CAPITAL MARKETS LLC
- **CENTRAL INDEX KEY:** 0001562245

**ORGANIZATION NAME:**
- **EIN:** 460898390
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-69194
- **FILM NUMBER:** 26738922

**BUSINESS ADDRESS:**
- **STREET 1:** 1200 17TH STREET
- **STREET 2:** SUITE 2900
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** (303) 953-3883

**MAIL ADDRESS:**
- **STREET 1:** 1200 17TH STREET
- **STREET 2:** SUITE 2900
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARES INVESTOR SERVICES LLC
- **DATE OF NAME CHANGE:** 20121114

### Attached PDF Documents

**Attachment 1:** `amcmfs2025.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM X-17A-5

### ANNUAL AUDITED REPORT

### Filer Information

**Filer CIK:** 0001562245

**Filer CCC:** XXXXXXXX

**Is this a LIVE or TEST filing?:** LIVE

**Would you like a Return Copy?:** No

### Submission Information

**Report Period Begin Date:** 01-01-2025

**Report Period End Date:** 12-31-2025

**Type of Registrant:** Broker-dealer

**Any material weaknesses identified?:** No

### Registrant Identification

**Name of Broker-Dealer:** Ares Management Capital Markets LLC/DE

**Business Address:** 1200 17th Street, Suite 2900, DENVER, CO, 80202

**Contact Person:** Mark C. Infanger

**Contact Phone:** 310-432-8873

### Independent Public Accountant Identification

**Accountant Name:** Ernst & Young LLP

**Accountant Address:** 725 South Figueroa Street, Los Angeles, CA, 90017

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **Mark C. Infanger**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **Ares Management Capital Markets LLC**, as of **02-25-2026**, are true and correct.

**Signature:** Mark Infanger

**Title:** Chief Financial Officer

**Notarized:** Yes