8-K/AEarnings & ResultsExhibits & Filings

Ares Management Corp 8-K/A Report, Financial Results (Jun 10, 2014)

Filed June 10, 2014For Securities:ARESARES-PB

Summary

This Form 8-K/A filing from Ares Management, L.P. on June 10, 2014, serves as an amendment to a previous report, primarily to correct an inadvertent error in a press release dated June 10, 2014, which announced financial results for the quarter ended March 31, 2014. The error involved a graphical representation of assets under management within the Tradable Credit Group, where an incorrect pie chart was mistakenly included in a printed version of the press release. The amendment ensures that the version of the press release included as an exhibit to this 8-K/A contains the accurate pie chart. While the core financial results are not altered by this correction, it is important for investors to have access to the precise and correctly presented information. The filing clarifies that the information furnished under Item 2.02 is not considered "filed" for Section 18 purposes, meaning it doesn't automatically become part of other SEC filings unless explicitly incorporated.

Key Highlights

  • 1Amendment to a prior 8-K filing to correct an error in a press release.
  • 2The error was a graphical mistake (incorrect pie chart) in the press release detailing Q1 2014 financial results.
  • 3The correction pertains to the pie chart representing assets under management for the Tradable Credit Group.
  • 4The accurate press release, with the corrected chart, is included as Exhibit 99.1.
  • 5The filing reaffirms that the financial results themselves were not changed by this correction.
  • 6Information furnished under Item 2.02 is not deemed 'filed' for Section 18 of the Exchange Act unless expressly incorporated.
  • 7This filing does not introduce new financial performance data but ensures the accuracy of previously issued communication.

Frequently Asked Questions

The primary purpose of this 8-K/A filing is to amend a previous report and correct an inadvertent error in a press release announcing Ares Management's financial results for the quarter ended March 31, 2014. Specifically, it corrects a graphical error in a pie chart.

The error was a 'printer error' where the pie chart reflecting the assets under management for the Tradable Credit Group was inadvertently replaced with a duplicate of another pie chart from the same press release. This filing provides the corrected version of the press release.

No, the filing explicitly states that the correction is a graphical error and does not alter the reported financial results or financial condition for the quarter ended March 31, 2014. The accuracy of the underlying numbers remains unchanged.

The corrected press release, which includes the accurate pie chart for the Tradable Credit Group's assets under management, is provided as Exhibit 99.1 to this Form 8-K/A filing.