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Ares Management, L.P. (ARES) CEO Michael Arougheti on Q1 2020 Results - Earnings Call Transcript

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Ares Management, L.P. (NYSE:ARES) Q1 2020 Earnings Conference Call May 6, 2020 12:00 PM ET

Company Participants

Carl Drake - Investor Relations

Michael Arougheti - Chief Executive Officer

Michael McFerran - Chief Operating Officer and Chief Financial Officer

Bennett Rosenthal - Co-Chairman, Private Equity Group

Kipp Deveer - Head, Credit Group

Bill Benjamin - Head, Real Estate Group

Scott Graves - Co-Head, Private Equity Group and Head, Special Opportunities

Joel Holsinger - Co-Head, Alternative Credit

Conference Call Participants

Robert Lee - KBW

Ken Worthington - JPMorgan

Dean Stephan - Bank of America

Craig Siegenthaler - Credit Suisse

Gerry O'Hara - Jeffries

Chris Harris - Wells Fargo

Alex Blostein - Goldman Sachs

Kenneth Lee - RBC Capital Markets

Michael Cyprys - Morgan Stanley


Good day and welcome to Ares Management Corporation’s First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded on Wednesday, May 6, 2020. I will now turn the conference over to Mr. Carl Drake, Head of Public Company Investor Relations for Ares Management.

Carl Drake

Good afternoon and thank you for joining us today for our first quarter 2020 conference call. We hope everyone is safe and healthy. I am joined today by Michael Arougheti, our Chief Executive Officer and Michael McFerran, our Chief Operating Officer and Chief Financial Officer. In addition, Bennett Rosenthal, Co-Chairman of our Private Equity Group; Kipp Deveer, Head of our Credit Group; Bill Benjamin, Head of our Real Estate Group; Scott Graves, Co-Head of our Private Equity Group and Head of Special Opportunities; and Joel Holsinger, Co-Head of Alternative Credit will be available for the question-and-answer session.

Before we begin, I want to remind you that comments made during this call contain forward-looking statements and are subject to risks and uncertainties including those identified in our risk

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