Ares Management, L.P. (NYSE:ARES) announced today that 2016 unitholder tax information is now available on its website for both Ares Common Units and Ares Series A Preferred Units. Investors may access their tax information (including Schedule K-1) at www.aresmgmt.com on the Investor Resources section under Tax Information, or they may visit www.taxpackagesupport.com/ares.

The mailing of the 2016 K-1s is expected to commence today and should be completed by March 31, 2017. For additional assistance and information, ARES unitholders may call toll free (855) 826-8319.

We also filed our Annual Report on Form 10-K for the fiscal year ended December 31, 2016 with the U.S. Securities and Exchange Commission on February 27, 2017. Copies of our filings with the SEC are available through our website at www.aresmgmt.com by selecting the “SEC Filings” sub-tab under the “Investor Resources” section, as well as on the SEC’s website at www.sec.gov. Unitholders can request a printed copy of the complete audited financial statements free of charge upon request to IRARES@aresmgmt.com or by written request addressed to Ares Management, L.P, Attn: Investor Relations, 245 Park Ave, 44th Floor New York, NY 10167.

About Ares Management, L.P.

Ares Management, L.P. is a publicly traded, leading global alternative asset manager with approximately $99 billion of assets under management as of December 31, 2016, including approximately $3.6 billion of AUM pro forma for Ares Capital Corporation’s acquisition of American Capital, Ltd., which closed on January 3, 2017, and more than 15 offices in the United States, Europe and Asia. Since its inception in 1997, Ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns throughout market cycles. Ares believes each of its three distinct but complementary investment groups in Credit, Private Equity and Real Estate is a market leader based on assets under management and investment performance. Ares was built upon the fundamental principle that each group benefits from being part of the greater whole. For more information, visit www.aresmgmt.com.

Forward-Looking Statements

Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. Ares Management, L.P. undertakes no duty to update any forward-looking statements made herein or on the webcast/conference call.

Ares Management, L.P.Carl Drake, 800-340-6597cdrake@aresmgmt.comorVeronica Mendiola, 212-808-1150vmendiola@aresmgmt.com

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