SUMMER INTERNSHIP PROGRAM

SECONDARIES SUMMER ANALYST

COMPANY OVERVIEW

Ares Management Corporation (“Ares” or the “Firm”) is a publicly traded, leading global alternative asset manager with approximately $3 95 billion of assets under management ("AUM") and approximately 2, 8 00 employees. We seek to deliver attractive performance to our investor base across our investment groups and strategies, including credit, private equity, real estate and strategic initiatives. The firm is headquartered in Los Angeles with offices across the United States, Europe, Asia and Australia. Its common shares are traded on the New York Stock Exchange under the ticker symbol "ARES".

Ares believes each of its investment groups is a market leader based on assets under management and investment performance. Our three distinct but complementary investment groups have the ability to invest across a company’s capital structure—from senior debt to common equity. The Firm was built upon the fundamental principle that each group benefits from being part of the broader platform. We believe the synergies from this multi-asset strategy provide our professionals with insights into industry trends, access to significant deal flow and the ability to assess relative value.

Since our inception in 1997, we have adhered to a disciplined investment philosophy that focuses on delivering compelling risk-adjusted investment returns throughout market cycles. We strive to maintain a consistent credit-based approach in targeting well-structured investments in high quality businesses and real estate assets. We believe our growth in becoming one of the largest alternative asset managers is a testament to our experienced management team, focus on performance and high-quality investor base, which includes large pension funds, university endowments, sovereign wealth funds, banks and insurance companies.

ROLES & RESPONSIBILITIES

We are seeking Secondaries Summer Analyst s to join our dynamic tea m . Qualified candidates will be invited to interview for a Secondaries Summer Analyst position within one of the following groups: Credit Secondaries, Infrastructure Secondaries, Private Equity Secondaries, and Real Estate Secondaries . Summer Analysts will be responsible for a variety of both investment and research responsibilities as described further below. Ares seeks to fill its Summer Analyst class with a broad mix of candidates coming from a variety of backgrounds (including finance, economics, mathematics, data analysis, and other fields).

The Firm has an extensive training program for new hires, to ensure that all summer analysts are provided a well-rounded introduction to the field and are taught the skills & understandings needed to succeed, regardless of their academic background.

Credit Secondaries Responsibilities include:

• Understanding and executing the due diligence process

• Supporting deal teams with structuring, underwriting, and closing equity and debt investments across diverse industries

• Building and updating integrated financial models

• Understanding industry research, trends, and drivers

• Gaining exposure to investment recommendations and preparing investment committee memos

• Assessing relative value among debt investments and making investment recommendations based on these views

• Interfacing with portfolio companies, management teams, third party diligence providers, and other external partners

• Analysis of data room presentation of results such as company financials, key performance metrics and other credit documents

• Have an understanding or k nowledge of Credit
  

Infrastructure Secondaries Responsibilities include:

• Conduct quantitative and qualitative due diligence on Infrastructure l imited partnership interests and their underlying company investments

• Evaluate new investment opportunities by conducting due diligence, researching industries and comparable companies, interviewing fund sponsors, and preparing financial models as part of an underwriting team

• Prepare presentations for investors, firm partners, and counter-parties

• Utilize proprietary tools to evaluate investment manager performance to assist Landmark’s investment team and strategic LPs with their investment decisions

• Have an understanding or k nowledge of Infrastructure

Private Equity Secondaries Responsibilities include:

• Conduct quantitative and qualitative due diligence on leveraged buyout, venture capital, and other private equity and infrastructure transactions

• Evaluate new investment opportunities by conducting due diligence, researching industries and comparable companies, interviewing fund sponsors, and preparing financial models as part of an underwriting team

• Prepare presentations for investors, firm partners, and counter-parties

• Utilize proprietary tools to evaluate investment manager performance to assist Landmark’s investment team and strategic LPs with their investment decisions

• Have an understanding or k nowledge of Private Equit y

Real Estate Secondaries Responsibilities include:

• Assist with developing underwriting assumptions through market data collection and analysis

• Work with transaction team on analysis of investments using various valuation techniques including discounted cash flows, comparable property analysis, replacement cost analysis and precedent transaction analysis

• Assist with pre- and post-offer due diligence

• Assist in the accumulation, organization, and analysis of materials during active due diligence

• Prepare market research

• Assist in the documentation of investment analysis including investment memoranda

• Prepare market research on general partner sponsors and on holders of private real estate investments.

• Accumulate and manage incoming data on the secondary market.

• Generate updated projections for specific investments during the ownership period subsequent to acquisition.

• Assist with other portfolio management needs related to existing investments

• Have an understanding or knowledge of Real Estate

Reporting Relationships

Compensation

Ares provides interns with paid holidays in accordance with the firm’s holiday calendar.