Ares Management Corporation Announces Last and Final Schedule K-1 Reporting Information
March 22 2019 - 6:30AM
Business Wire
For Periods beginning March 1, 2018 and later,
Ares investors to receive Form 1099-DIV Reporting
Ares Management Corporation (NYSE: ARES) announced today that
the 2018 final partnership Schedule K-1s will be mailed for both
Ares Common Units and Ares Series A Preferred Units for the period
January 1, 2018 through February 28, 2018. As a reminder, these
will be the last and final partnership Schedule K-1s issued since
Ares elected to be treated as a corporation for U.S. federal and
state tax purposes effective March 1, 2018. Investors should have
received a 2018 Form 1099-DIV from their brokers reporting all 2018
distributions from Ares Management Corporation made after March 1,
2018, the effective date of the tax election. To access tax
information (including Schedule K-1s), investors may go to
www.aresmgmt.com on the Investor Resources section under Tax
Information or they may visit Tax Package Support at
www.taxpackagesupport.com/ares.
Mailing of the 2018 K-1s is expected to commence today and
should be completed by March 31, 2019.
For additional assistance and information, ARES investors may
call Tax Package Support toll free at 855-826-8319.
About Ares Management Corporation
Ares Management Corporation is a publicly traded, leading global
alternative asset manager with approximately $131 billion of assets
under management as of December 31, 2018 and 18 offices in the
United States, Europe, Asia and Australia. 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 Corporation undertakes no duty to update any
forward-looking statements made herein.
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Investors:Ares Management CorporationCarl Drake,
800-340-6597 orVeronica Mendiola212-808-1150
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