ARES PARTNERS MANAGEMENT CO LLC 3
3 · Ares Dynamic Credit Allocation Fund, Inc. · Filed Nov 27, 2012
Insider Transaction Report
Form 3
Holdings
- 5,235.602
Common Stock
Footnotes (3)
- [F1]This Form 3 is being filed jointly by (i) Ares Capital Management II LLC ("ACM"), (ii) Ares Management LLC ("Ares Management"), (iii) Ares Management Holdings LLC ("Ares Management Holdings"), (iv) Ares Holdings LLC ("Ares Holdings") and (v) Ares Partners Management Company LLC ("APMC") (collectively, the "Ares Entities" or the "Reporting Persons") in respect of shares of common stock of the Issuer ("Common Stock") held directly by ACM.
- [F2]ACM is owned by Ares Management, which, in turn, is owned by Ares Management Holdings. Ares Management Holdings is controlled by Ares Holdings, which, in turn, is controlled by APMC. APMC is managed by an executive committee comprised of Michael Arougheti, David Kaplan, Gregory Margolies, Antony Ressler and Bennett Rosenthal. Because the executive committee acts by consensus/majority approval, none of the members of the executive committee has sole voting or dispositive power with respect to any shares of Common Stock.
- [F3]Each of the members of the executive committee of APMC, the Ares Entities (other than ACM, with respect to the shares it holds directly) and the directors, officers, partners, stockholders, members and managers of the Ares Entities expressly disclaims beneficial ownership of any shares of Common Stock, except to the extent of any pecuniary interest therein, and this Form 3 shall not be deemed an admission that any such person or entity is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.