# EDGAR Filing Document

**Accession Number:** 0001176948
**File Stem:** 0001628280-26-022430
**Filing Date:** 2026-3
**Character Count:** 8434
**Document Hash:** 65e6127a7fe335ff7baebd71b50e9259
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-022430.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0001628280-26-022430

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260331

**ITEM INFORMATION**: Regulation FD Disclosure

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ares Management Corp
- **CENTRAL INDEX KEY:** 0001176948
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 954656677
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36429
- **FILM NUMBER:** 26822192

**BUSINESS ADDRESS:**
- **STREET 1:** 1800 AVE OF THE STARS
- **STREET 2:** SUITE 1400
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90067
- **BUSINESS PHONE:** 3102014100

**MAIL ADDRESS:**
- **STREET 1:** 1800 AVE OF THE STARS
- **STREET 2:** SUITE 1400
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90067

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARES MANAGEMENT LP
- **DATE OF NAME CHANGE:** 20020701

?xml version='1.0' encoding='ASCII'? ares-20260331

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

______________________________________________________

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the** 

**Securities Exchange Act of 1934**

Date of report (Date of earliest event reported) **March 31, 2026** 

**ARES MANAGEMENT CORPORATION** 

(Exact Name of Registrant as Specified in Charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-36429** | **80-0962035** |
| (State or Other Jurisdiction<br>of Incorporation) | (Commission<br>File Number) | (IRS Employer<br>Identification No.) |

---

**1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067** 

(Address of principal executive office) (Zip Code)

**(310) 201-4100** 

(Registrant's telephone number, including area code)

**N/A**

(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Class A common stock, par value $0.01 per share | ARES | New York Stock Exchange |
| 6.75% Series B mandatory convertible preferred stock, par value $0.01 per share | ARES.PRB | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

------

**<u>Item 7.01 Regulation FD Disclosure.</u>**

Ares Management Corporation (the "Company") is furnishing this Current Report on Form 8-K to disclose that, based on information currently available, it preliminarily expects realized net performance income for the quarter ending March 31, 2026 to be approximately $75 million, compared to $41 million in realized net performance income for the quarter ended March 31, 2025.

This preliminary expected amount is below the Company's previously communicated expectation of approximately $100 million in realized net performance income for the quarter ending March 31, 2026, primarily due to the expected timing of realized net performance income generated by certain European-style funds, which is now expected to be realized in future quarters during the full year ending December 31, 2026. The Company continues to expect to generate over $350 million in realized net performance income for the full year ending December 31, 2026, compared to $169 million in realized net performance income for the full year ended December 31, 2025.

The information disclosed above is based on the Company's preliminary estimates of realized net performance income for the quarter ending March 31, 2026 and the Company's actual results for the quarter ending March 31, 2026 may differ, possibly materially, from these preliminary estimates. This information regarding realized net performance income is not intended to predict or represent realized net investment income, Realized Income, or any other financial information for the quarter ending March 31, 2026. It is also not indicative of the results that may be expected for any other period, including the full year ending December 31, 2026. As a result, investors are cautioned not to place undue reliance on the information presented above and should view this information in the context of the Company's full first quarter results when such results are disclosed by the Company in its Quarterly Report for the quarter ending March 31, 2026. The information presented above is based on current management expectations that involve substantial risk and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, such information. The Company assumes no duty to update these preliminary estimates except as required by law.

The information disclosed under this Item 7.01 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

**Forward-Looking Statements**

Statements included herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which reflect our current views with respect to realized net performance income. You can identify these forward-looking statements by the use of forward-looking words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "predicts," "intends," "plans," "estimates," "anticipates," "foresees" or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity. Actual results may vary materially from those indicated in these forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. The Company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | | ARES MANAGEMENT CORPORATION |
| Dated: March 31, 2026 |  |  |
|  | By: | /s/ Jarrod Phillips |
|  | Name: | Jarrod Phillips |
|  | Title: | Chief Financial Officer<br>(Principal Financial & Accounting Officer) |

---