ARES MANAGEMENT CORPORATION

Ticker: ARES CUSIP: 03990B101 Class: CL A COM STK

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

Note: Option positions (PUT/CALL) are excluded.

Q3 2019

Shares 15,000 Value ($000) $402 Avg Close $23.22 Range $21.31 - $25.41

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2019	15,000	$402	$23.22	$21.31 - $25.41