SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* WEINER MICHAEL D (Last) (First) (Middle) 2000 AVENUE OF THE STARS 12TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ARES MANAGEMENT LP [ ARES ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) EVP, CLO & Secretary
	3. Date of Earliest Transaction (Month/Day/Year) 01/20/2018
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Units	01/20/2018		A		8,299	A	$0	90,185(1)(2)(3)	D
Common Units								154,572	I	By Ares Owners Holdings L.P.(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects a grant of 8,299 restricted units granted on January 20, 2018, each of which represents the right to receive one Common Unit upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 20, 2019, 2020, 2021 and 2022. Also includes a grant of 25,000 restricted units granted on January 31, 2017, each of which represents the right to receive one Common Unit upon vesting. The restrictions on such units are scheduled to lapse on January 31, 2022. Also includes a grant of 9,709 restricted units granted on January 20, 2017, each of which represents the right to receive one Common Unit upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 20, 2018, 2019, 2020 and 2021. In connection with the vesting on January 20, 2018, the reporting person received 1,621 Common Units, with the remaining 807 Common Units withheld to cover taxes on this transaction.(Continued in Footnote 2)

2. Also includes 15,281 restricted units granted on January 20, 2016, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse in four equal installments on January 20, 2017, 2018, 2019 and 2020. In connection with the vesting on January 20, 2017, the reporting person received 2,474 Common Units, with the remaining 1,347 Common Units withheld to cover taxes on this transaction. In connection with the vesting on January 20, 2018, the reporting person received 2,550 Common Units, with the remaining 1,270 Common Units withheld to cover taxes on this transaction. Also includes 28,947 restricted units granted on May 1, 2014, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse in three equal installments on May 1, 2017, 2018 and 2019.(Continued in Footnote 3)

3. In connection with the vesting on May 1, 2017, the reporting person received 6,022 Common Units, with the remaining 3,627 Common Units withheld to cover taxes on this transaction.

4. The reporting person or a vehicle controlled by him is a limited partner in Ares Owners Holdings L.P. ("AOH"), the direct holder of the common units representing limited partner interests (the "Common Units") of the Issuer. The Common Units indirectly held by the reporting person or the vehicle are the number of Common Units that he or the vehicle has a right to receive as a limited partner in AOH.

	/s/ Naseem Sagati, by power of attorney	01/23/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.