0001104659-15-063362.txt : 20150902 0001104659-15-063362.hdr.sgml : 20150902 20150902212218 ACCESSION NUMBER: 0001104659-15-063362 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150831 FILED AS OF DATE: 20150902 DATE AS OF CHANGE: 20150902 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ares Dynamic Credit Allocation Fund, Inc. CENTRAL INDEX KEY: 0001515324 IRS NUMBER: 454969053 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: (310) 201-4200 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: Ares Senior Credit Strategies Fund, Inc. DATE OF NAME CHANGE: 20110314 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brufsky Seth J CENTRAL INDEX KEY: 0001559401 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 811-22535 FILM NUMBER: 151090603 MAIL ADDRESS: STREET 1: C/O ARES MANAGEMENT LLC STREET 2: 2000 AVENUE OF THE STARS, 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 4 1 a4.xml 4 X0306 4 2015-08-31 0 0001515324 Ares Dynamic Credit Allocation Fund, Inc. ARDC 0001559401 Brufsky Seth J 2000 AVENUE OF THE STARS, 12TH FLOOR LOS ANGELES CA 90067 1 1 0 1 President and CEO Portfolio Manager, VP Adviser Common Stock 2015-08-31 4 J 0 17276.5977 A 38910.0642 I By The Seth J. Brufsky Living Trust Effective as of August 31, 2015, Ares Multi-Strategy Credit Fund, Inc. (the "Target Fund") was reorganized into Ares Dynamic Credit Allocation Fund, Inc. (the "Acquiring Fund," and such reorganization, the "Reorganization"). In the Reorganization, common stockholders of the Target Fund received shares of common stock of the Acquiring Fund in an amount equal to the aggregate net asset value of shares of the Target Fund's common stock as determined at the close of business on August 28, 2015, less the costs of the Reorganization (although cash was distributed for any fractional shares). As of August 28, 2015, the Target Fund reported a net asset value per share of $21.020937 and the Acquiring Fund reported a net asset value per share of $17.322984. The conversion ratio for the Target Fund's common shares was 1.21347090. In the Reorganization, Mr. Brufsky received 17,276.59778 shares of common stock of the Acquiring Fund in exchange for his 14,237.34 shares of common stock of the Target Fund. Includes shares acquired under the Dividend Reinvestment Plan of Ares Dynamic Credit Allocation Fund, Inc. The shares are held by The Seth J. Brufsky Living Trust, of which the reporting person is a beneficiary. /s/ Brett Byrd, as attorney-in-fact for Seth J. Brufsky 2015-09-02