Ares Capital Management LLC is an SEC-registered investment adviser based in Los Angeles, CA that reports managing 31 hedge funds on Form ADV. It reports $97.6 billion in regulatory assets under management. Its private funds, of all types, hold $32.7 billion in gross assets.
- Regulatory assets under management
- $97.6 billionForm ADV Item 5.F
- Gross assets of private funds
- $32.7 billionAll private fund types, Form ADV
- Hedge funds managed
- 3134 private funds in total
- Employees
- 634Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 131619
- Latest Form ADV
- 08/26/2026Disciplinary disclosures: none reported
Private funds reported on Form ADV (28)
Fund
Gross assets
Minimum
Owners
Adviser
Senior Direct Lending Program LLC
Delaware, United StatesPrivate fund
Gross assets$5.5B
MinimumNone set
Owners2
AdviserAres Capital Management LLC
Ares Senior Direct Lending Master Fund Designated Activity Company
IrelandHedge fund
Gross assets$3.6B
Minimum$25.0M
Owners36
AdviserAres Capital Management LLC
Ares Private Credit Solutions (Offshore) II, L.P.
Delaware, United StatesHedge fund
Gross assets$3.3B
Minimum$10.0M
Owners75
AdviserAres Capital Management LLC
Ares Private Credit Solutions II, L.P.
Delaware, United StatesHedge fund
Gross assets$2.2B
Minimum$10.0M
Owners35
AdviserAres Capital Management LLC
Ares Private Credit Solutions (Cayman), L.P.
Cayman IslandsHedge fund
Gross assets$2.2B
MinimumNone set
Owners83
AdviserAres Capital Management LLC
Ares Private Credit Solutions, L.P.
Delaware, United StatesHedge fund
Gross assets$1.2B
MinimumNone set
Owners25
AdviserAres Capital Management LLC
Chimney Tops Loan Fund, LLC
Delaware, United StatesHedge fund
Gross assets$1.1B
MinimumNone set
Owners1
AdviserAres Capital Management LLC
Ares Sme (Parallel), L.P.
Delaware, United StatesHedge fund
Gross assets$978M
MinimumNone set
Owners2
AdviserAres Capital Management LLC
Ares Sports, Media and Entertainment Finance (Offshore), L.P.
Delaware, United StatesHedge fund
Gross assets$972M
Minimum$250K
Owners116
AdviserAres Capital Management LLC
Sfers Credit Strategies Fund LLC
Delaware, United StatesHedge fund
Gross assets$924M
MinimumNone set
Owners1
AdviserAres Capital Management LLC
Ares Sports, Media and Entertainment Finance, L.P.
Delaware, United StatesHedge fund
Gross assets$798M
Minimum$250K
Owners368
AdviserAres Capital Management LLC
Ares Jasper Fund, L.P.
Delaware, United StatesHedge fund
Gross assets$778M
MinimumNone set
Owners2
AdviserAres Capital Management LLC
Private Credit Fund O, LLC
Delaware, United StatesHedge fund
Gross assets$701M
MinimumNone set
Owners1
AdviserAres Capital Management LLC
Ares Senior Direct Lending Parallel Fund (L), L.P.
Cayman IslandsHedge fund
Gross assets$634M
Minimum$25.0M
Owners5
AdviserAres Capital Management LLC
Ares Senior Direct Lending Parallel Fund (U), L.P.
Cayman IslandsHedge fund
Gross assets$600M
Minimum$25.0M
Owners8
AdviserAres Capital Management LLC
Ares Specialty Healthcare Fund (L), L.P.
Delaware, United StatesHedge fund
Gross assets$552M
Minimum$10.0M
Owners3
AdviserAres Capital Management LLC
Ares Credit Investment Partnership (Cp), L.P.
Delaware, United StatesHedge fund
Gross assets$529M
MinimumNone set
Owners2
AdviserAres Capital Management LLC
Acme Private Credit Fund LP
Delaware, United StatesHedge fund
Gross assets$529M
MinimumNone set
Owners1
AdviserAres Capital Management LLC
Ares Private Opportunities (P) LP
Cayman IslandsHedge fund
Gross assets$500M
MinimumNone set
Owners1
AdviserAres Capital Management LLC
Ares Nd Credit Strategies Fund LLC
Delaware, United StatesHedge fund
Gross assets$486M
MinimumNone set
Owners2
AdviserAres Capital Management LLC
Ares Senior Direct Lending Parallel Fund (U) B, L.P.
Cayman IslandsHedge fund
Gross assets$340M
Minimum$25.0M
Owners1
AdviserAres Capital Management LLC
Ares Mic Asia LP
Cayman IslandsHedge fund
Gross assets$250M
MinimumNone set
Owners2
AdviserAres Capital Management LLC
Ares Specialty Healthcare Fund (U), L.P.
Delaware, United StatesHedge fund
Gross assets$250M
Minimum$10.0M
Owners2
AdviserAres Capital Management LLC
Ares Direct Finance I LP
Delaware, United StatesHedge fund
Gross assets$211M
Minimum$500K
Owners3
AdviserAres Capital Management LLC
Ares Credit Investment Partnership (Md), L.P.
Delaware, United StatesHedge fund
Gross assets$109M
MinimumNone set
Owners2
AdviserAres Capital Management LLC
Ares Specialty Healthcare Fund (Offshore) (L), L.P.
Delaware, United StatesHedge fund
Gross assets$74.4M
Minimum$10.0M
Owners4
AdviserAres Capital Management LLC
Ares Credit Investment Partnership II Cd LP
CanadaHedge fund
Gross assets$55.6M
MinimumNone set
Owners1
AdviserAres Capital Management LLC
Ares Specialty Healthcare Fund (Offshore) (U), L.P.
Delaware, United StatesHedge fund
Gross assets$0
Minimum$10.0M
Owners0
AdviserAres Capital Management LLC
As reported in the adviser's Form ADV filed Aug 27, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (3)
Fund
Gross assets
Minimum
Owners
Adviser
Private Credit Fund C-1 Holdco, LLC - Series 2
Delaware, United StatesHedge fund
Gross assets$918M
MinimumNone set
Owners1
AdviserAres Capital Management LLC
Private Credit Fund C-1 Holdco, LLC - Series 1
Delaware, United StatesHedge fund
Gross assets$862M
MinimumNone set
Owners4
AdviserAres Capital Management LLC
Ares Minerva Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$114M
MinimumNone set
Owners5
AdviserAres Capital Management LLC
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures