0001628280-22-029579.txt : 20221110 0001628280-22-029579.hdr.sgml : 20221110 20221110203859 ACCESSION NUMBER: 0001628280-22-029579 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20221108 FILED AS OF DATE: 20221110 DATE AS OF CHANGE: 20221110 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RESSLER ANTONY P CENTRAL INDEX KEY: 0001025978 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36429 FILM NUMBER: 221379265 MAIL ADDRESS: STREET 1: 1999 AVENUE OF THE STARS STREET 2: SUITE 1900 CITY: LOS ANGELES STATE: CA ZIP: 90067 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ares Management Corp CENTRAL INDEX KEY: 0001176948 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 954656677 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2000 AVE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102014100 MAIL ADDRESS: STREET 1: 2000 AVE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: ARES MANAGEMENT LP DATE OF NAME CHANGE: 20020701 4 1 wf-form4_166813072168475.xml FORM 4 X0306 4 2022-11-08 0 0001176948 Ares Management Corp ARES 0001025978 RESSLER ANTONY P 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 1 1 1 0 Co-Founder & Exec. Chairman Class A Common Stock 2022-11-08 4 S 0 148954 80.10 D 751046 I By TJ Capital Investors, LLC Class A Common Stock 2022-11-09 4 S 0 70854 80.21 D 680192 I By TJ Capital Investors, LLC Class A Common Stock 2022-11-10 4 S 0 36569 83.47 D 643623 I By TJ Capital Investors, LLC Class A Common Stock 2022-11-10 4 S 0 341758 84.39 D 301865 I By TJ Capital Investors, LLC Class A Common Stock 2022-11-10 4 S 0 77644 84.92 D 224221 I By TJ Capital Investors, LLC Class A Common Stock 11963747 I By Ares Owners Holdings L.P. This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person or a vehicle controlled by him. The price reported in Column 4 is a weighted average price. These shares were sold on November 8, 2022 in multiple transactions at prices ranging from $80.00 to $80.50. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and footnotes 4, 5, 6 and 7. Includes 900,000 shares of Class A Common Stock previously held by Ares Owners Holdings L.P. ("AOH") on behalf of the reporting person or a vehicle controlled by him, which were transferred to the reporting person or a vehicle controlled by him. The price reported in Column 4 is a weighted average price. These shares were sold on November 9, 2022 in multiple transactions at prices ranging from $80.00 to $80.65. The price reported in Column 4 is a weighted average price. These shares were sold on November 10, 2022 in multiple transactions at prices ranging from $82.82 to $83.81. The price reported in Column 4 is a weighted average price. These shares were sold on November 10, 2022 in multiple transactions at prices ranging from $83.83 to $84.82. The price reported in Column 4 is a weighted average price. These shares were sold on November 10, 2022 in multiple transactions at prices ranging from $84.83 to $85.04. The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of Class A Common Stock. The shares of Class A Common Stock indirectly held by the reporting person or the vehicle are the number of shares of Class A Common Stock that he or the vehicle has a right to receive as a limited partner in AOH. Exhibit 24 - Power of Attorney /s/ Anton Feingold, by power of attorney 2022-11-10 EX-24 2 form-limitedpowerofattorne.htm RESSLER POWER OF ATTORNEY

LIMITED POWER OF ATTORNEY FOR SECTION 16 REPORTING PURPOSES

        Know all by these presents, that the undersigned hereby makes, constitutes and appoints each of Naseem Sagati Aghili, Anton Feingold and Philippa M. Bond acting individually, as the undersigned's true and lawful attorney-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to:

        (1)    execute for, and on behalf of, the undersigned, in the undersigned's capacity as an officer and/or director of Ares Management Corporation (the "Company"), Forms 3, 4, and 5 relating to the Company in accordance with Section16(a) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder (the "Exchange Act");

        (2)    seek or obtain, as the undersigned's representative and on the undersigned's behalf, information on transactions in the Company's securities from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to any attorney-in-fact and further approves and ratifies any such release of information;

        (3)    do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to prepare, complete and execute any such Form3, 4 or 5, and any amendments thereto, or other required report and timely file such Forms or reports with the United States Securities and Exchange Commission, the New York Stock Exchange and any stock exchange or similar authority as considered necessary or advisable under Section 16(a) of the Exchange Act; and

        (4)    take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's sole discretion.

        The undersigned hereby gives and grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.

        The undersigned hereby acknowledges that (a) the foregoing attorneys-in-fact are serving in such capacity at the request of the undersigned; (b) this Limited Power of Attorney authorizes, but does not require, each such attorney-in-fact to act in his or her discretion on information provided to such attorney-in-fact without independent verification of such information; (c) any documents prepared and/or executed by any attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney shall be in such form and shall contain such information and disclosure as such attorney-in-fact, in his or her sole discretion, deems necessary or advisable; (d) neither the Company nor any attorney-in-fact assumes (i) any liability for the undersigned's responsibility to comply with the requirements of the Exchange Act, (ii) any liability of the undersigned for any failure to comply with such requirements or (iii) any obligation or liability of the undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and (e) this Limited Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned's obligations under the Exchange Act, including, without limitation, the reporting requirements under Section 16 of the Exchange Act.

        This Limited Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of, and transactions in, securities issued by the Company, unless earlier revoked as to any attorney-in-fact by the undersigned in a signed writing delivered to such attorney-in-fact. The undersigned revokes all other powers of attorney granted by the undersigned prior to the date hereof with respect to such filing requirements described above.


[Signature Pages Follow]


IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 10th day of November 2022.





/s/ Antony P. Ressler
______________________________________
Name: Antony P. Ressler