ARES MANAGEMENT CORPORATION

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

SCP Investment, LP's Holding History (CIK: 0001730961)

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

Q1 2019

Shares 100,000 Value ($000) $2,321 Avg Close $17.30 Range $13.35 - $19.34

Q4 2018

Shares 100,000 Value ($000) $1,778 Avg Close $16.38 Range $12.78 - $18.30

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	100,000	$2,321	$17.30	$13.35 - $19.34
Q4 2018	100,000	$1,778	$16.38	$12.78 - $18.30