Ares Management Corporation has completed its acquisition of GCP International, the international business of GLP Capital Partners Limited, excluding its operations in Greater China. The transaction includes existing capital commitments to certain managed funds. In connection with the acquisition, Ares will issue up to 10,464,654 shares of Class A common stock and 2,098,332 restricted units to certain service provider sellers of GCP International. Each restricted unit represents the right to receive one share of Class A common stock upon vesting. The issuance of these shares will be made under Section 4(a)(2) of the Securities Act of 1933.