DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Ares Capital Management LLC

Asset manager (funds and pooled vehicles)Los Angeles, CaliforniaCRD 131619SEC 801-63168websiteIAPD
Latest filing Aug 26, 2026
First filing on the tape Mar 30, 2012 · 42 filings
SEC status approved since May 18, 2004
RAUM
$98B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
634
411 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
34
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$98B as of Aug 26, 2026
Mar 30, 2012$10B then
HNW client RAUM$0 as of Feb 24, 2025
Mar 31, 2018$0 then
State-registered IARs (5.B.3)0 as of Aug 26, 2026
Mar 30, 20120 then
Employees (5.A)634 as of Aug 26, 2026
Apr 1, 201379 then
Private funds34 as of Aug 26, 2026
Mar 30, 20161 then
RAUM +15% over the last fiscal year+17% a year over threeIARs 0 to 0offices 16 to 10
Practice profile
derived from the filing of Aug 26, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$1.7BderivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
8.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived11 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$55B, 40 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$31B74%
  • Sovereign wealth funds$5.1B12%
  • Insurance companies$2.6B6.1%
  • Banks and thrifts$2.2B5.2%
  • Other investment advisers$1.0B2.4%
  • State and municipal entities$405M0.9%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
57reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$55B for 40 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.88 institutional_share=0.08 related_bd=true related_bank=true bd_reps=49.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      31 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Senior Direct Lending Program LLCOther Private Fund$5.5B2Mar 30, 2016
      Ares Senior Direct Lending Master Fund Designated Activity CompanyHedge Fund$3.6B36Nov 16, 2018
      Ares Private Credit Solutions (Offshore) II, L.P.Hedge Fund$3.3B75Feb 10, 2021
      Ares Private Credit Solutions II, L.P.Hedge Fund$2.2B35Feb 10, 2021
      Ares Private Credit Solutions (Cayman), L.P.Hedge Fund$2.2B83Aug 25, 2017
      Ares Private Credit Solutions, L.P.Hedge Fund$1.2B25Aug 25, 2017
      Chimney Tops Loan Fund, LLCHedge Fund$1.1B1May 21, 2020
      Ares Sme (Parallel), L.P.Hedge Fund$978M2Nov 16, 2022
      Ares Sports, Media And Entertainment Finance (Offshore), L.P.Hedge Fund$972M116Feb 10, 2021
      Sfers Credit Strategies Fund LLCHedge Fund$924M1Aug 26, 2019
      Private Credit Fund C-1 Holdco, LLC - Series 2Hedge Fund$918M1Nov 15, 2023
      Private Credit Fund C-1 Holdco, LLC - Series 1Hedge Fund$862M4Nov 15, 2023
      Ares Sports, Media And Entertainment Finance, L.P.Hedge Fund$798M368Feb 10, 2021
      Ares Jasper Fund, L.P.Hedge Fund$778M2Aug 25, 2017
      Private Credit Fund O, LLCHedge Fund$701M1May 23, 2023
      Ares Senior Direct Lending Parallel Fund (L), L.P.Hedge Fund$634M5Nov 16, 2018
      Ares Senior Direct Lending Parallel Fund (U), L.P.Hedge Fund$600M8Nov 16, 2018
      Ares Specialty Healthcare Fund (L), L.P.Hedge Fund$552M3Aug 27, 2024
      Acme Private Credit Fund LPHedge Fund$529M1Aug 22, 2023
      Ares Credit Investment Partnership (Cp), L.P.Hedge Fund$529M2Nov 16, 2022
      Ares Private Opportunities (P) LPHedge Fund$500M1Feb 6, 2024
      Ares Nd Credit Strategies Fund LLCHedge Fund$486M2Aug 25, 2017
      Ares Senior Direct Lending Parallel Fund (U) B, L.P.Hedge Fund$340M1Nov 16, 2018
      Ares Mic Asia LPHedge Fund$250M2Aug 27, 2024
      Ares Specialty Healthcare Fund (U), L.P.Hedge Fund$250M2Aug 27, 2024
      Ares Direct Finance I LPHedge Fund$211M3Sep 29, 2017
      Ares Minerva Co-Invest, L.P.Private Equity Fund$114M5Mar 31, 2023
      Ares Credit Investment Partnership (Md), L.P.Hedge Fund$109M2Jan 31, 2023
      Ares Specialty Healthcare Fund (Offshore) (L), L.P.Hedge Fund$74.4M4Aug 27, 2024
      Ares Credit Investment Partnership II Cd LPHedge Fund$55.6M1May 28, 2024
      Ares Specialty Healthcare Fund (Offshore) (U), L.P.Hedge Fund$00Aug 27, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • J (Mi Only) Michael Arougheti · Chief Executive Officercontrol
        since 06/2018 · owns less than 5%
      • Kipp Robert Deveer · Presidentcontrol
        since 06/2018 · owns less than 5%
      • M Jarrod Phillips · Chief Financial Officercontrol
        since 06/2024 · owns less than 5%
      • Peter Antony Ressler · Executive Chairmancontrol
        since 06/2018 · owns less than 5%
      • Facemire Penelope Roll · Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • Bennett Rosenthal · Vice Presidentcontrol
        since 04/2004 · owns less than 5%
      • Sera Naseem Sagati Aghili · General Counsel, Vice President And Secretarycontrol
        since 01/2020 · owns less than 5%
      • Peter Antony Ressler · Limited Partnercontrol
        since 01/2002 · owns 25% to 50% of Ares Owners Holdings L.P.
      Entity owners
      • Ares Management LLC · Member
        direct · owns 75% or more
      • Ares Holdco LLC · General Partner
        indirect · owns 50% to 75% of Ares Holdings L.P.
      • Ares Holdco LLC · General Partner
        indirect · owns F of Ares Management Holdings L.P.
      • Ares Holdings L.P. · Limited Partner
        indirect · owns 75% or more of Ares Management Holdings L.P.
      • Ares Management Corporation · Member
        indirect · owns 75% or more of Ares Holdco LLC · public reporting company
      • Ares Management Holdings L.P. · Member
        indirect · owns 75% or more of Ares Management LLC
      • Ares Owners Holdings L.P. · Limited Partner
        indirect · owns 25% to 50% of Ares Holdings L.P.
      • Ares Partners Holdco LLC · General Partner
        indirect · owns F of Ares Owners Holdings L.P.
      Related persons
      Schedule D 7.A
      • Ace III Gp (Scotland) Llp
        pooled vehicle sponsorn
      • Acip Investment Management LLC
        investment adviserbankpooled vehicle sponsorn
      • Aclof III Gp LLC
        pooled vehicle sponsorn
      • Acme Pc Management LP
        pooled vehicle sponsorn
      • Acof Asia Management, L.P.
        pooled vehicle sponsorn
      • Acof Investment Management, LLC
        investment adviserbankn
      • Acof IV Atd Co-Invest Management, LLC
        pooled vehicle sponsorn
      • Acof Lux Management Vii S.A R.L.
        pooled vehicle sponsorn
      • Acof Management III, L.P.
        pooled vehicle sponsorn
      • Acof Management IV, L.P.
        pooled vehicle sponsorn
      • Acof Management V, L.P.
        pooled vehicle sponsorn
      • Acof Management Vi Gp LLC
        pooled vehicle sponsorn
      • Acof Management Vi, L.P.
        pooled vehicle sponsorn
      • Acof Management Vii, L.P.
        pooled vehicle sponsorn
      • Acof Management, L.P.
        pooled vehicle sponsorn
      • Acof Operating Manager III, LLC
        investment adviserbankn
      • Acof Operating Manager IV, LLC
        investment adviserbankn
      • Acof Operating Manager, L.P.
        investment adviserbankn
      • Adrex Advisor LLC
        investment advisern
      • Aeif Kleen Gp, LLC
        pooled vehicle sponsorn
      • Aeif Linden Gp, LLC
        pooled vehicle sponsorn
      • Aeof Management Gp LLC
        pooled vehicle sponsorn
      • Aeof Management, L.P.
        pooled vehicle sponsorn
      • Aepep (Scotland) Gp II, Llp
        pooled vehicle sponsorn
      • Aepep Gp II, LLC
        pooled vehicle sponsorn
      • Aepep II N Gp, L.P.
        pooled vehicle sponsorn
      • Aepep III N Strategic Co-Invest Gp, L.P.
        pooled vehicle sponsorn
      • Aevf Management Gp LLC
        pooled vehicle sponsorn
      • Aevf Management LP
        pooled vehicle sponsorn
      • Aic Management Ltd.
        pooled vehicle sponsorn
      Advisers that list Ares Capital Management LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY151 employees
      • London, United Kingdom62 employees
      • Chicago, IL20 employees
      • Atlanta, GA18 employees
      • Tarrytown, NY16 employees
      • Mumbai, India14 employees
      • Frankfurt, Germany10 employees
      • Paris, France9 employees
      • Amsterdam, Netherlands5 employees
      • Luxembourg, Luxembourg4 employees
      • Madrid, Spain4 employees
      • New York, NY3 employees
      • Dallas, TX2 employees
      • Waterloo, IL1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • large related person networkStatic outlier · filing Aug 26, 2026
        related persons on Schedule D 7.A of 331.0 against a peer median of 18.0 (428 comparable advisers, 99.0th percentile, 17.6 robust deviations)
        peers: asset managers, $20B and over (428) · 99% percentile
      What changed
      consecutive filings, newest first
      • Private funds · 33 to 34
        May 27, 2026 to Aug 26, 2026
      • Private funds · 30 to 33
        Mar 27, 2026 to May 27, 2026
      • Advisory employees · 477 to 411
        Feb 24, 2026 to Mar 27, 2026
      • BD registered reps · 37 to 49
        Feb 24, 2026 to Mar 27, 2026
      • Pooled vehicle clients · 39 to 37
        Feb 24, 2026 to Mar 27, 2026
      • Assets in custody · $40B to $55B
        Feb 24, 2026 to Mar 27, 2026
      • Employees · 699 to 634
        Feb 24, 2026 to Mar 27, 2026
      • Other offices · 16 to 10
        Feb 24, 2026 to Mar 27, 2026
      • Private funds · 32 to 30
        Feb 24, 2026 to Mar 27, 2026
      • Discretionary RAUM · $75B to $91B
        Feb 24, 2026 to Mar 27, 2026
      • Non-discretionary RAUM · $10B to $6.3B
        Feb 24, 2026 to Mar 27, 2026
      • Pooled vehicle RAUM · $33B to $31B
        Feb 24, 2026 to Mar 27, 2026
      • RAUM · $85B to $98B
        Feb 24, 2026 to Mar 27, 2026
      • Private funds · 33 to 32
        May 30, 2025 to Aug 27, 2025
      • Financial planning clients · unset to
        Mar 31, 2025 to May 30, 2025
      • Accounts · 44 to 57
        Feb 24, 2025 to Mar 31, 2025
      • Advisory employees · 431 to 477
        Feb 24, 2025 to Mar 31, 2025
      • BD registered reps · 42 to 37
        Feb 24, 2025 to Mar 31, 2025
      • Charity clients · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • Corporate clients · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • HNW clients · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • Individual clients · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • Pension plan clients · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • Pooled vehicle clients · 25 to 39
        Feb 24, 2025 to Mar 31, 2025
      • Assets in custody · $28B to $40B
        Feb 24, 2025 to Mar 31, 2025
      • Employees · 654 to 699
        Feb 24, 2025 to Mar 31, 2025
      • Other offices · 15 to 16
        Feb 24, 2025 to Mar 31, 2025
      • Discretionary RAUM · $58B to $75B
        Feb 24, 2025 to Mar 31, 2025
      • HNW RAUM · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • Individual RAUM · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • Non-discretionary RAUM · $10B to $10B
        Feb 24, 2025 to Mar 31, 2025
      • Pension RAUM · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $30B to $33B
        Feb 24, 2025 to Mar 31, 2025
      • RAUM · $69B to $85B
        Feb 24, 2025 to Mar 31, 2025
      • Private funds · 31 to 33
        Aug 27, 2024 to Feb 24, 2025
      • Other offices · 16 to 15
        May 28, 2024 to Aug 27, 2024
      • Private funds · 26 to 31
        May 28, 2024 to Aug 27, 2024
      • Private funds · 25 to 26
        Mar 28, 2024 to May 28, 2024
      • Accounts · 39 to 44
        Feb 6, 2024 to Mar 28, 2024
      • Advisory employees · 305 to 431
        Feb 6, 2024 to Mar 28, 2024
      Signals
      14 dated events
      • Ares Capital Management Llc reported 10 offices beyond its principal office, down from 16 (2026-02-24 to 2026-03-27)
        Mar 27, 2026 · Office count change · derived
      • Christopher Scott Lem (Chief Financial Officer) no longer on Schedule A of Ares Capital Management Llc (listed 2024-05-28, absent 2024-08-27)
        Aug 27, 2024 · Control person left · inference
      • M Jarrod Phillips (Chief Financial Officer) appeared on Schedule A of Ares Capital Management Llc
        Aug 27, 2024 · Control person joined · fact
      • Ares Capital Management Llc reported 16 offices beyond its principal office, up from 8 (2024-02-06 to 2024-03-28)
        Mar 28, 2024 · Office count change · derived
      • Goldsmith Miriam Krieger (Chief Compliance Officer) no longer on Schedule A of Ares Capital Management Llc (listed 2024-02-06, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Scott Lem (Chief Financial Officer) appeared on Schedule A of Ares Capital Management Llc
        Mar 28, 2024 · Control person joined · fact
      • Ares Capital Management Llc reported RAUM $55.4B, up 27% from $43.7B (2021-11-19 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Ares Capital Management Llc reported 6 offices beyond its principal office, down from 13 (2021-02-10 to 2021-03-31)
        Mar 31, 2021 · Office count change · derived
      • Ares Capital Management Llc reported 13 offices beyond its principal office, up from 8 (2019-08-26 to 2020-03-30)
        Mar 30, 2020 · Office count change · derived
      • Daniel Michael Weiner (Vice President, General Counsel And Secretary) no longer on Schedule A of Ares Capital Management Llc (listed 2019-08-26, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Sera Naseem Sagati Aghili (General Counsel And Secretary) appeared on Schedule A of Ares Capital Management Llc
        Mar 30, 2020 · Control person joined · fact
      • Ares Capital Management Llc reported 8 offices beyond its principal office, up from 3 (2018-11-16 to 2019-03-30)
        Mar 30, 2019 · Office count change · derived
      • Ares Capital Management Llc reported RAUM $32.3B, up 40% from $23.1B (2018-11-16 to 2019-03-30)
        Mar 30, 2019 · RAUM change · derived
      • Ares Capital Management Llc reported RAUM $23.1B, up 46% from $15.8B (2017-09-29 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/ares-managementreportedpublic record, Form ADV, Sep 17, 2026
      Website
      areswms.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      310-201-4100reportedpublic record, Form ADV, Aug 26, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026