Summary
Ares Management, L.P. filed a Form 8-K on August 9, 2016, to report its financial results for the second quarter ended June 30, 2016. The filing primarily consists of the press release and an earnings presentation detailing these results. Investors should note that this information, while provided, is furnished and not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act, meaning it has limited incorporation by reference into future filings unless specifically stated. In addition to the quarterly financial results, the 8-K also discloses the declaration of a second quarter 2016 distribution of $0.28 per common unit. This distribution is payable on September 6, 2016, to unitholders of record as of August 23, 2016. This highlights a direct return of capital to shareholders, which is often a key consideration for investors in such entities.
Key Highlights
- 1Ares Management, L.P. reported its Q2 2016 financial results on August 9, 2016.
- 2The company issued a press release (Exhibit 99.1) and an earnings presentation (Exhibit 99.2) detailing its Q2 performance.
- 3The reported information is furnished under Item 2.02 and Item 7.01, and is not considered 'filed' under Section 18 of the Exchange Act unless expressly incorporated.
- 4A distribution of $0.28 per common unit was declared for the second quarter of 2016.
- 5The distribution payment date is September 6, 2016.
- 6The record date for the distribution is August 23, 2016.
- 7The filing was made to comply with SEC reporting requirements regarding material events and disclosures.