Ares Clo Management LLC (Los Angeles)

Name: Ares Clo Management LLC
Address: 2000 Avenue Of The Stars, Los Angeles, CA, 90067
Telephone: 310-201-4100

Ares Clo Management LLC is a large advisory firm based in Los Angeles. It manages $4.33 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and New York.

Ares Clo Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ares Clo Management: assets under management

The assets under management (AUM) of Ares Clo Management LLC is $4.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 4213% since the beginning of its operation, and $4.33 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.33 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $540.85 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ares Clo Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gregory Alan Margolies serves?

The only and largest group of clients of Gregory Alan Margolies is pooled investment vehicles with 8 clients and $4.33 billion of assets under management. Among the 10 most similar advisory firms, Ares Clo Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.33 billion for 8 clients. 100% of the firm’s clients are foreign persons or businesses.

Ares Clo Management also advises several private funds. Namely, eight securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.

Careers at Ares Clo Management LLC

The company employs 53 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Gregory Alan Margolies has been acting as President since 1 Jun 2015. Michael J (Mi Only) Arougheti joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ares Management Llc	Member	1 Jun 2015	75% - 100%	130074
Antony Peter Ressler	Chief executive officer	1 Jun 2015	Other	1878120
Michael J (Mi Only) Arougheti	Vice president	1 Jun 2015	Other	2735734
Seth Jonathan Brufsky	Vice president	1 Jun 2015	Other	1935451
Gregory Alan Margolies	President	1 Jun 2015	Other	2418751
Michael Daniel Weiner	Vice president, general counsel and secretary	1 Jun 2015	Other	4698763
Daniel Fenno Nguyen	Vice president, chief financial officer and treasurer	1 Jun 2015	Other	4749539
Michael Robert Mcferran	Vice president	1 Jun 2015	Other	5529178
Anthony Stanton Dell	Chief compliance officer	1 Jun 2015	Other	2699043
Ares Investments Holdings Llc	Member	1 Jun 2015	75% - 100%	27-2078819
Ares Clo Management Holdings Ltd.	Sole member	1 Jun 2015	75% - 100%	98-1245799
Miriam Goldsmith Krieger	Vice president & chief compliance officer	1 Sep 2017	Other	6028814
Antony Peter Ressler	Executive chairman	1 Jan 2018	Other	1878120
Michael J (Mi Only) Arougheti	Chief executive officer	1 Jan 2018	Other	2735734
Penelope Facemire Roll	Vice president, chief financial officer and treasurer	1 Jan 2018	Other	4374072
Robert Kipp Deveer	President	1 Jan 2018	Other	4510479

Indirect Owners

The SEC currently registers 19 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Antony Peter Ressler	Member	1 Jan 2002	25% - 50%	1878120
L.P. Ares Management	Sole member	1 May 2004	75% - 100%	80-0962035
Ares Holdings Inc.	Member	1 May 2007	25% - 50%	26-0198141
Ares Owners Holdings L.P.	Member	1 May 2007	50% - 75%	01-0605009
Ares Management Holdings L.P.	Member	1 Dec 2010	75% - 100%	27-2078839
Ares Holdings L.P.	Member	1 Dec 2010	75% - 100%	26-0198197
L.P. Ares Management	Shareholder	1 May 2014	75% - 100%	80-0962035
Ares Investments Lp	Member	1 May 2014	75% - 100%	20-8018928
Ai Holdco Llc	Member	1 May 2014	25% - 50%	38-3977442
Ares Holdco Llc	Member	1 May 2014	25% - 50%	30-0880125
Ares Partners Holdco Llc	Member	1 May 2014	75% - 100%	46-5192240
Ares Investments L.P.	Member	1 May 2014	75% - 100%	20-8018928
Ares Investements Holdings Llc	Member	1 Jun 2015	50% - 75%	27-2078819
Ares Holdings Inc.	Member	1 Jul 2016	75% - 100%	20-0198141
Ares Holdco Llc	General partner	1 Jul 2016	25% - 50%	30-0880125
Ai Holdco Llc	General partner	1 Jul 2016	Other	38-3977442
Ares Management L.P.	Sole member	1 Jul 2016	Other	80-0962035
Ai Holdco	General partner	1 Jul 2016	25% - 50%	38-3977442
Ares Ai Holdings L.P.	Sole member	1 Apr 2017	75% - 100%	37-1853963

Based in Los Angeles

The principal office where Ares Clo Management LLC performs its advisory services is located at 2000 Avenue Of The Stars, Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-201-4100. The normal business hours are 8am-6pm pacific time on Monday - Friday. You can find more information about the New York firm at aresmgmt.com.