Summary
Ares Management, L.P. filed an 8-K on November 7, 2016, to report its financial results for the third quarter ended September 30, 2016. The filing includes a press release and an earnings presentation, which provide details on the company's performance during the period. Investors should note that the information furnished under Item 2.02 and Item 7.01 is considered 'furnished' and not 'filed' for regulatory purposes, meaning it doesn't automatically become part of other SEC filings unless specifically incorporated. Additionally, the report announces the declaration of a quarterly distribution of $0.20 per common unit. This distribution is scheduled to be paid on December 5, 2016, to unitholders on record as of November 21, 2016. This dividend declaration provides insight into the company's cash flow and its commitment to returning capital to its unitholders.
Key Highlights
- 1Ares Management, L.P. released its Q3 2016 financial results on November 7, 2016.
- 2The release includes a press release (Exhibit 99.1) and an earnings presentation (Exhibit 99.2).
- 3The company declared a third quarter 2016 distribution of $0.20 per common unit.
- 4The distribution payment date is December 5, 2016.
- 5The record date for the distribution is November 21, 2016.
- 6Information furnished under Item 2.02 and 7.01 is not considered 'filed' under Section 18 of the Exchange Act.
- 7Michael R. McFerran, CFO, signed the report on behalf of Ares Management GP LLC.