Summary
Ares Management Corp. filed this Form 8-K on February 29, 2016, to announce its financial results for the fourth quarter and full year ended December 31, 2015. The filing primarily serves to provide investors with access to the press release detailing these results, which is included as an exhibit. Investors should note that the information furnished under Item 2.02 and Item 7.01 is not considered "filed" for Section 18 purposes and is not incorporated by reference into other SEC filings unless specifically stated. In addition to the financial results, the press release announced the declaration of a fourth-quarter 2015 distribution. This distribution of $0.20 per common unit was scheduled to be paid to unitholders of record on March 14, 2016, with an actual payment date of March 28, 2016. This provides a clear indication of capital return to unitholders for the period.
Key Highlights
- 1Ares Management Corp. announced its Q4 and full-year 2015 financial results via press release on February 29, 2016.
- 2The 8-K filing includes the press release as Exhibit 99.1.
- 3The company declared a Q4 2015 distribution of $0.20 per common unit.
- 4The distribution payment date is March 28, 2016, to unitholders of record as of March 14, 2016.
- 5Information furnished under Item 2.02 (Results of Operations) and Item 7.01 (Regulation FD Disclosure) is not deemed 'filed' under Section 18 of the Exchange Act.
- 6Michael R. McFerran, Chief Financial Officer, signed the report on behalf of Ares Management, L.P.