Month-End Portfolio Data Now Available for Ares Management’s Closed-End Funds
August 21 2015 - 8:00AM
Business Wire
Ares Capital Management II LLC today announced that monthly fund
composition and performance data for Ares Dynamic Credit Allocation
Fund, Inc. (NYSE:ARDC) and Ares Multi-Strategy Credit Fund,
Inc. (NYSE:ARMF) as of July 31, 2015, are now available via
www.arespublicfunds.com.
About Ares Dynamic Credit Allocation Fund, Inc.
Ares Dynamic Credit Allocation Fund, Inc. (“ARDC”) is a
closed-end management company that is externally managed by Ares
Capital Management II LLC, a subsidiary of Ares Management, L.P.
ARDC seeks to provide an attractive level of total return,
primarily through current income and, secondarily, through capital
appreciation. ARDC invests in a broad, dynamically-managed
portfolio of credit investments. There can be no assurance that
ARDC will achieve its investment objective. ARDC’s net asset value
may be accessed through its NASDAQ ticker symbol, XADCX. Additional
information is available at www.arespublicfunds.com.
About Ares Multi-Strategy Credit Fund, Inc.
Ares Multi-Strategy Credit Fund, Inc. (“ARMF”) is a closed-end
management company that is externally managed by Ares Capital
Management II LLC, a subsidiary of Ares Management, L.P. ARMF seeks
to provide an attractive risk-adjusted level of total return,
primarily through current income and, secondarily, through capital
appreciation. ARMF invests in a broad, dynamically managed
portfolio of credit investments. There can be no assurance that
ARMF will achieve its investment objective. ARMF’s net asset value
may be accessed through its NASDAQ ticker symbol, XAMFX. Additional
information is available at www.arespublicfunds.com.
About Ares Management, L.P.
Ares Management, L.P. (NYSE:ARES) is a leading global
alternative asset manager with approximately $88 billion1 of assets
under management and more than 15 offices in the United States,
Europe and Asia as of June 30, 2015. 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 four distinct
but complementary investment groups in Tradable Credit, Direct
Lending, 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.
This document is not an offer to sell securities and is not
soliciting an offer to buy securities in any jurisdiction where the
offer or sale is not permitted. An investor should consider the
investment objective, risks, charges and expenses of ARDC and/or
ARMF, as applicable, carefully before investing.
ARDC and ARMF are closed-end funds, which do not engage in
continuous offerings of their shares. Since their respective
initial public offerings, ARDC and ARMF have traded on the New York
Stock Exchange under the symbols ARDC and ARMF,
respectively. Investors wishing to purchase or sell shares may do
so by placing orders through a broker dealer or other
intermediary.
i
As of June 30, 2015, AUM amounts include capital available
to vehicles managed or co-managed by Ares, including funds managed
by Ivy Hill Asset Management, L.P., a wholly owned portfolio
company of Ares Capital Corporation and a registered investment
adviser.
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version on businesswire.com: http://www.businesswire.com/news/home/20150821005104/en/
Mendel Communications LLCBill Mendel,
212-397-1030bill@mendelcommunications.comorDestra Capital
InvestmentsARDC@destracapital.com877-855-3434www.arespublicfunds.com
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