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 II LLC

Asset manager (funds and pooled vehicles)Los Angeles, CaliforniaCRD 157292SEC 801-72399websiteIAPD
Latest filing Aug 26, 2026
First filing on the tape Mar 30, 2012 · 30 filings
SEC status approved since Jun 9, 2011
RAUM
$20B
reported, Item 5.F
Discretionary
98%
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
924
597 advisory (5.B.1)
Offices
22
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$20B as of Aug 26, 2026
Apr 1, 2013$306M then
HNW client RAUM$0 as of Feb 24, 2025
Mar 31, 2018$0 then
State-registered IARs (5.B.3)2 as of Aug 26, 2026
Mar 30, 20120 then
Employees (5.A)924 as of Aug 26, 2026
Apr 1, 201330 then
Private funds: no history
RAUM +119% over the last fiscal year+76% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Aug 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
RAUM per advisor
$9.8BderivedRAUM 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
$677MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
462.0derivedItem 5.A over advisors
Advisors per office
0.1derived23 offices incl. principal (1.F.5)
RAUM growth, one year
+119%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 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
$998M, 7 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
  • Investment companies$8.5B53%
  • Pooled investment vehicles$7.5B47%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
29reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$998M for 7 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.99 institutional_share=0.0 related_bd=true related_bank=true bd_reps=62.0derived
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Ares Core Infrastructure FundHedge Fund$373M174Nov 26, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • J (Mi Only) Michael Arougheti · Chief Executive Officercontrol
        since 01/2018 · owns less than 5%
      • Kipp Robert Deveer · Presidentcontrol
        since 05/2017 · owns less than 5%
      • M Jarrod Phillips · Vice President And Assistant Treasurercontrol
        since 03/2024 · owns less than 5%
      • Peter Antony Ressler · Executive Chairmancontrol
        since 01/2018 · owns less than 5%
      • Facemire Penelope Roll · Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • Sera Naseem Sagati Aghili · General Counsel, Vice President And Corporate 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 · Sole 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 II LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY185 employees
      • London, United Kingdom108 employees
      • Chicago, IL19 employees
      • Boston, MA18 employees
      • Mumbai, India15 employees
      • Atlanta, GA13 employees
      • Frankfurt, Germany12 employees
      • Paris, France11 employees
      • Stockholm, Sweden9 employees
      • Luxembourg, Luxembourg7 employees
      • Amsterdam, Netherlands5 employees
      • Madrid, Spain5 employees
      • West Hartford, CT5 employees
      • Dallas, TX3 employees
      • Hong Kong, Hong Kong2 employees
      • Waterloo, IL1 employees
      • Palm Beach Gardens, FL1 employees
      ADV anomalies
      2 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 11.0 (492 comparable advisers, 99.0th percentile, 36.0 robust deviations)
        peers: asset managers, $5B to $20B (492) · 99% percentile
      • RAUM up 50 %Change between filings · filing Mar 27, 2026
        RAUM (Item 5.F) moved from $8,955,406,884 to $19,637,993,752 (+119.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was +13.0% (631 comparable advisers, 98.0th percentile of changes)
        peers: asset managers, $5B to $20B (631) · 98% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 21 to 29
        Feb 24, 2026 to Mar 27, 2026
      • Advisory employees · 653 to 597
        Feb 24, 2026 to Mar 27, 2026
      • Advisory activities · 2 to 3
        Feb 24, 2026 to Mar 27, 2026
      • BD registered reps · 51 to 62
        Feb 24, 2026 to Mar 27, 2026
      • Pooled vehicle clients · 9 to 17
        Feb 24, 2026 to Mar 27, 2026
      • Assets in custody · $392M to $998M
        Feb 24, 2026 to Mar 27, 2026
      • Employees · 939 to 924
        Feb 24, 2026 to Mar 27, 2026
      • Discretionary RAUM · $8.9B to $19B
        Feb 24, 2026 to Mar 27, 2026
      • Non-discretionary RAUM · $95.1M to $447M
        Feb 24, 2026 to Mar 27, 2026
      • Pooled vehicle RAUM · $3.5B to $7.5B
        Feb 24, 2026 to Mar 27, 2026
      • RAUM · $9.0B to $20B
        Feb 24, 2026 to Mar 27, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to May 30, 2025
      • Accounts · 16 to 21
        Feb 24, 2025 to Mar 31, 2025
      • Advisory employees · 519 to 653
        Feb 24, 2025 to Mar 31, 2025
      • BD registered reps · 54 to 51
        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 · 7 to 9
        Feb 24, 2025 to Mar 31, 2025
      • Assets in custody · $227M to $392M
        Feb 24, 2025 to Mar 31, 2025
      • Employees · 804 to 939
        Feb 24, 2025 to Mar 31, 2025
      • State-registered IARs · 0 to 2
        Feb 24, 2025 to Mar 31, 2025
      • Other offices · 17 to 22
        Feb 24, 2025 to Mar 31, 2025
      • Discretionary RAUM · $5.2B to $8.9B
        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 · $96.0M to $95.1M
        Feb 24, 2025 to Mar 31, 2025
      • Pension RAUM · 0.0 to unset
        Feb 24, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $2.2B to $3.5B
        Feb 24, 2025 to Mar 31, 2025
      • RAUM · $5.3B to $9.0B
        Feb 24, 2025 to Mar 31, 2025
      • Private funds · 1 to unset
        Nov 26, 2024 to Feb 24, 2025
      • Private funds · unset to 1
        Aug 27, 2024 to Nov 26, 2024
      • Accounts · 12 to 16
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 433 to 519
        Mar 31, 2023 to Mar 28, 2024
      • BD registered reps · 45 to 54
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 5 to 7
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · unset to 227495135.0
        Mar 31, 2023 to Mar 28, 2024
      • Custody of client assets · false to true
        Mar 31, 2023 to Mar 28, 2024
      Signals
      14 dated events
      • Ares Capital Management Ii Llc reported RAUM $19.6B, up 119% from $9.0B (2026-02-24 to 2026-03-27)
        Mar 27, 2026 · RAUM change · derived
      • Ares Capital Management Ii Llc reported RAUM $9.0B, up 70% from $5.3B (2025-02-24 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • Ares Capital Management Ii Llc reported 22 offices beyond its principal office, up from 17 (2025-02-24 to 2025-03-31)
        Mar 31, 2025 · Office count change · derived
      • Ares Capital Management Ii Llc reported RAUM $5.3B, up 46% from $3.6B (2023-03-31 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • Goldsmith Miriam Krieger (Vice President And Chief Compliance Officer) no longer on Schedule A of Ares Capital Management Ii Llc (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • M Jarrod Phillips (Vice President And Assistant Treasurer) appeared on Schedule A of Ares Capital Management Ii Llc
        Mar 28, 2024 · Control person joined · fact
      • Ares Capital Management Ii Llc reported RAUM $2.8B, up 133% from $1.2B (2021-03-31 to 2022-02-15)
        Feb 15, 2022 · RAUM change · derived
      • Sera Naseem Sagati Aghili (General Counsel And Secretary) appeared on Schedule A of Ares Capital Management Ii Llc
        Mar 29, 2020 · Control person joined · fact
      • Daniel Michael Weiner (Vice President, General Counsel And Secretary) no longer on Schedule A of Ares Capital Management Ii Llc (listed 2019-03-29, absent 2020-03-29)
        Mar 29, 2020 · Control person left · inference
      • Ares Capital Management Ii Llc reported RAUM $1.3B, up 30% from $970.9M (2018-06-20 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Jonathan Seth Brufsky (Vice President) no longer on Schedule A of Ares Capital Management Ii Llc (listed 2018-06-20, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • Alan Gregory Margolies (Vice President) no longer on Schedule A of Ares Capital Management Ii Llc (listed 2018-06-20, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • Benjamin David Kaplan (Vice President) no longer on Schedule A of Ares Capital Management Ii Llc (listed 2018-06-20, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • Ares Capital Management Ii Llc reported RAUM $970.9M, down 55% from $2.2B (2017-09-29 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      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