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Ares Management Corporation is a publicly traded, leading global alternative asset manager with approximately $131 billion of assets under management as of December 31, 2018(1) and 18 principal and originating offices in the United States, Europe, Asia and Australia. Since its inception in 1997, Ares has adhered to a disciplined investment philosophy that focuses on delivering compelling risk-adjusted investment returns throughout market cycles. Ares strives to maintain a consistent credit-based approach in targeting well-structured investments in high quality businesses and real estate assets. Ares believes its growth in becoming one of the largest alternative asset managers is a testament to its experienced management team, focus on performance and high quality investor base, which includes large pension funds, university endowments, sovereign wealth funds, banks and insurance companies.