Ares Management SOTP Valuation Exhibit – Financial Projections

Ares Management SOTP Valuation Exhibit – Financial Projections The passage contains only internal valuation tables and financial metrics for Ares Management, with no mention of individuals, transactions, or potential misconduct. It offers no investigative leads. Key insights: Provides projected pre‑tax and after‑tax core FRE per share for 2018.; Shows various valuation multiples and implied share price scenarios.; Cites Morgan Stanley and Thomson Reuters data sources.