0001104659-22-045989.txt : 20220414 0001104659-22-045989.hdr.sgml : 20220414 20220414160159 ACCESSION NUMBER: 0001104659-22-045989 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220414 DATE AS OF CHANGE: 20220414 GROUP MEMBERS: ARES CAPITAL MANAGEMENT III LLC GROUP MEMBERS: ARES ENHANCED CREDIT OPPORTUNITIES INVESTMENT MANAGEMENT II, LLC GROUP MEMBERS: ARES ENHANCED CREDIT OPPORTUNITIES MASTER FUND II, LTD. GROUP MEMBERS: ARES ENHANCED LOAN INVESTMENT STRATEGY ADVISOR IV GP, LLC GROUP MEMBERS: ARES ENHANCED LOAN INVESTMENT STRATEGY ADVISOR IV, L.P. GROUP MEMBERS: ARES HOLDCO LLC GROUP MEMBERS: ARES INCOME OPPORTUNITY FUND, L.P. GROUP MEMBERS: ARES MANAGEMENT CORP GROUP MEMBERS: ARES MANAGEMENT GP LLC GROUP MEMBERS: ARES MANAGEMENT HOLDINGS L.P. GROUP MEMBERS: ARES MULTI-ASSET CREDIT STRATEGIES FUND LP GROUP MEMBERS: ARES PARTNERS HOLDCO LLC GROUP MEMBERS: ARES VOTING LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Capital Investment Corp CENTRAL INDEX KEY: 0001326003 IRS NUMBER: 202725151 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80908 FILM NUMBER: 22827204 BUSINESS ADDRESS: STREET 1: 40 EAST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-754-5300 MAIL ADDRESS: STREET 1: 40 EAST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock Kelso Capital CORP DATE OF NAME CHANGE: 20050503 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARES MANAGEMENT LLC CENTRAL INDEX KEY: 0001259313 IRS NUMBER: 010605583 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-201-4100 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 SC 13G 1 tm2212600d1_sc13g.htm SC 13G

 

 

  UNITED STATES  
 

SECURITIES AND EXCHANGE

COMMISSION

 
  Washington, D.C. 20549  

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. __)

 

Blackrock Capital Investment Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

092533108

(CUSIP Number)

March 2, 2021

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Income Opportunity Fund, L.P.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
1,052,682
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
1,052,682
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,052,682
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
1.4%*
 
  12 Type of Reporting Person
PN

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock (as defined below) outstanding as of March 4, 2022, as disclosed by the Issuer (as defined below) in its Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission (“SEC”) on March 16, 2022 (“Proxy Statement”).

 

-2-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Multi-Asset Credit Strategies Fund LP
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
532,605
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
532,605

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
532,605
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.7%*
 
  12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-3-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Capital Management III LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
2,113,027
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
2,113,027

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,113,027
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
2.9%*
 
  12 Type of Reporting Person
OO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-4-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Enhanced Credit Opportunities Master Fund II, Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
1,436,928
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
1,436,928

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,436,928
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
1.9%*
 
  12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-5-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Enhanced Credit Opportunities Investment Management II, LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
1,436,928
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
1,436,928

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,436,928
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
1.9%*
 
  12 Type of Reporting Person
OO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-6-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Enhanced Loan Investment Strategy Advisor IV, L.P.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
1,750,565
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
1,750,565

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,750,565
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
2.4%*
 
  12 Type of Reporting Person
PN

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-7-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
1,750,565
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
1,750,565

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,750,565
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
2.4%*
 
  12 Type of Reporting Person
OO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-8-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Management LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
5,300,520
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
5,300,520

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
5,300,520
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
7.2%*
 
  12 Type of Reporting Person
OO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-9-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Management Holdings L.P.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
5,300,520
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
5,300,520

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
5,300,520
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
7.2%*
 
  12 Type of Reporting Person
PN

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-10-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Holdco LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
5,300,520
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
5,300,520

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
5,300,520
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
7.2%*
 
  12 Type of Reporting Person
OO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-11-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Management Corporation
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
5,300,520
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
5,300,520

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
5,300,520
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
7.2%*
 
  12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-12-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Voting LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
5,300,520
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
5,300,520

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
5,300,520
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
7.2%*
 
  12 Type of Reporting Person
OO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-13-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Management GP LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
5,300,520
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
5,300,520

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
5,300,520
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
7.2%*
 
  12 Type of Reporting Person
OO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-14-

 

 

CUSIP No. 092533108 Schedule 13G  

 
  1 Names of Reporting Persons
Ares Partners Holdco LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) x
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
5,300,520
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
5,300,520

 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
5,300,520
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
7.2%*
 
  12 Type of Reporting Person
OO

 

* The calculation of the percentage of outstanding shares is based on 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as disclosed by the Issuer in its Proxy Statement.

 

-15-

 

 

Item 1.
  (a) Name of Issuer:
Blackrock Capital Investment Corporation (the “Issuer”)
  (b) Address of Issuer’s Principal Executive Offices:
40 East 52nd Street, New York, New York 10022
 
Item 2.
  (a) Name of Person Filing:
Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons”. This statement is filed on behalf of: Ares Income Opportunity Fund, L.P. (“AIOF”); Ares Multi-Asset Credit Strategies Fund LP (“Ares Multi-Asset Credit”); Ares Capital Management III LLC (“Ares Capital Management III”); Ares Enhanced Credit Opportunities Master Fund II, Ltd. (“Ares ECO”); Ares Enhanced Credit Opportunities Investment Management II, LLC (“Ares ECO Management”); Ares Enhanced Loan Investment Strategy Advisor IV, L.P. (“Ares Enhanced Loan”); Ares Enhanced Loan Investment Strategy Advisor GP, LLC (“Ares Enhanced Loan GP”); Ares Management LLC; Ares Management Holdings L.P. (“Ares Management Holdings”); Ares Holdco LLC (“Ares Holdco”); Ares Management Corporation (“Ares Management”); Ares Management GP LLC (“Ares Management GP”); Ares Voting LLC (“Ares Voting”); and Ares Partners Holdco LLC (“Ares Partners”).
  (b)

Address or Principal Business Office:

The business address of each Reporting Person is c/o Ares Management LLC, 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067.

  (c) Citizenship of each Reporting Person is:
Ares ECO and Ares Multi-Asset Credit are organized under the laws of the Cayman Islands.  Each of the other Reporting Persons is organized under the laws of the State of Delaware.
  (d) Title of Class of Securities:
The Issuer’s common stock, $0.001 par value per share (“Common Stock”)
  (e) CUSIP Number:
092533108
 
Item 3.  
  Not applicable.
     
Item 4. Ownership

 

Ownership (a-b)

 

The ownership information presented in this Schedule 13G is based upon 73,820,093 shares of Common Stock outstanding as of March 4, 2022, as reported by the Issuer in its Proxy Statement. As of the date that this Schedule 13G is filed: (i) AIOF may be deemed to directly beneficially own 1,052,682 shares of Common Stock; (ii) Ares Multi-Asset Credit may be deemed to directly beneficially own 532,605 shares of Common Stock; (iii) Ares Capital Management III may be deemed to directly beneficially own 527,740 shares of Common Stock pursuant to an Investment Management Agreement that grants Ares Capital Management III investment discretion with respect to 527,740 shares of Common Stock beneficially owned by an unaffiliated third party; (iv) Ares ECO may be deemed to directly beneficially own 1,436,928 shares of Common Stock; and (v) Ares Enhanced Loan may be deemed to directly beneficially own 1,750,565 shares of Common Stock pursuant to certain Investment Management Agreements that grant Ares Enhanced Loan investment discretion with respect to 1,750,565 shares of Common Stock beneficially owned by unaffiliated third parties. The Reporting Persons, as a result of the relationships described below, may be deemed to directly or indirectly beneficially own the shares of Common Stock held by AIOF, Ares Multi-Asset Credit, Ares Capital Management III, Ares ECO and Ares Enhanced Loan. See Items 9 and 11 of the cover pages to this Schedule 13G for the aggregate number of Common Stock and the percentage of Common Stock beneficially owned by each of the Reporting Persons.

 

 

 

 

The manager of AIOF and Ares Multi-Asset Credit is Ares Capital Management III. The sole member of Ares Capital Management III is Ares Management LLC. Ares ECO is managed by Ares ECO Management and the sole member of Ares ECO Management is Ares Management LLC. The general partner of Ares Enhanced Loan is Ares Enhanced Loan GP. The sole member of Ares Enhanced Loan GP is Ares Management LLC. The sole member of Ares Management LLC is Ares Management Holdings and the general partner of Ares Management Holdings is Ares Holdco. The sole member of Ares Holdco is Ares Management. Ares Management GP is the sole holder of the Class B common stock, $0.01 par value per share, of Ares Management (the “Ares Class B Common Stock”) and Ares Voting is the sole holder of the Class C common stock, $0.01 par value per share, of Ares Management (the “Ares Class C Common Stock”). Pursuant to Ares Management’s Certificate of Incorporation in effect as of the date of this Schedule 13G, the holders of the Ares Class B Common Stock and the Ares Class C Common Stock, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the “Board Members”). Mr. Ressler generally has veto authority over decisions by the Board Members.

 

Each of the Reporting Persons (other than AIOF, Ares Multi-Asset Credit, Ares Capital Management III, Ares ECO and Ares Enhanced Loan, in each case, solely with respect to the shares of Common Stock held directly by each such Reporting Person), the Board Members and the other directors, officers, partners, stockholders, members and managers of the Reporting Persons expressly disclaims beneficial ownership of the shares of Common Stock reported in this Schedule 13G for purposes of Section 13(d) of the Act and the rules under Section 13(d) of the Act.

 

(c) The information contained on the cover pages to this Schedule 13G is incorporated in this statement by reference.

 

Item 5. Ownership of Five Percent or Less of a Class
   
  Not applicable.    

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person
  Not applicable.    

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
  Not applicable.    

 

Item 8. Identification and Classification of Members of the Group
  Not applicable.    

 

Item 9. Notice of Dissolution of Group
  Not applicable.    

 

Item 10. Certification
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date:  April 14, 2022

 

  Ares Income Opportunity Fund, L.P.
  By: Ares Capital Management III LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Multi-Asset Credit Strategies Fund LP
  By: Ares Capital Management III LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Capital Management III LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Enhanced Credit Opportunities Master Fund II, Ltd.
  By: Ares Enhanced Credit Opportunities Investment Management II, LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory

 

 

 

 

  Ares Enhanced Loan Investment Strategy Advisor IV, L.P.
  By: Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC, its general partner
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Enhanced Credit Opportunities Investment Management II, LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Enhanced Loan Investment Strategy Advisor IV GP
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Management LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Management Holdings L.P.
  By: Ares Holdco LLC, its general partner
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Holdco LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory

 

 

 

 

  Ares Management Corporation
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Management GP LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Voting LLC
  By: Ares Partners Holdco LLC, its sole member
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Partners Holdco LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  

 

 

 

 

LIST OF EXHIBITS

 

Exhibit No.   Description
     
99.1   Joint Filing Agreement, dated as of April 14, 2022, by and among the Reporting Persons.

 

 

 

EX-99.1 2 tm2212600d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

JOINT FILING AGREEMENT

 

The undersigned hereby agree that they are filing this statement on Schedule 13G jointly pursuant to Rule 13d-1(k)(1). Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

 

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other on behalf of each of them of such a statement on Schedule 13G with respect to the Common Stock of Blackrock Capital Investment Corporation beneficially owned by each of them. This Joint Filing Agreement shall be included as an exhibit to such Schedule 13G.

 

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of April 14, 2022.

 

Date:  April 14, 2022

  Ares Income Opportunity Fund, L.P.
  By: Ares Capital Management III LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Multi-Asset Credit Strategies Fund LP
  By: Ares Capital Management III LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Capital Management III LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Enhanced Credit Opportunities Master Fund II, Ltd.
  By: Ares Enhanced Credit Opportunities Investment Management II, LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory

 

 

 

 

  Ares Enhanced Loan Investment Strategy Advisor IV, L.P.
  By: Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC, its general partner
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Enhanced Credit Opportunities Investment Management II, LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Management LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory  
   
  Ares Management Holdings L.P.
  By: Ares Holdco LLC, its general partner
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Holdco LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory

 

 

 

 

  Ares Management Corporation
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Management GP LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Voting LLC
  By: Ares Partners Holdco LLC, its sole member
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory
   
  Ares Partners Holdco LLC
   
  /s/ Naseem Sagati Aghili
  By: Naseem Sagati Aghili
  Its: Authorized Signatory