Filing Details
- Accession Number:
- 0001104659-25-021362
- Form Type:
- 13G Filing
- Publication Date:
- 2025-03-05 19:00:00
- Filed By:
- Nonghyup Bank acting as trustee of Truston Core Infra Qualified Investment Type Private Investment Trust II
- Company:
- Ares Core Infrastructure Fund
- Filing Date:
- 2025-03-06
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Beneficially Owned Number of Shares | Beneficially Owned Number of Aggregate Shares | Percent of Class |
|---|---|---|---|
| Nonghyup Bank acting as trustee of Truston Core Infra Qualified Investment Type Private Investment Trust II | 0 | 3,990,024 | 18.7% |
Filing
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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Ares Core Infrastructure Fund (Name of Issuer) |
Common Shares of Beneficial Interest, Par Value $0.01 Per Share (Title of Class of Securities) |
04021D108 (CUSIP Number) |
02/19/2025 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
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 Rule 13d-1(c)
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| Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | 04021D108 |
| 1 | Names of Reporting Persons
Nonghyup Bank acting as trustee of Truston Core Infra Qualified Investment Type Private Investment Trust II | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
KOREA, REPUBLIC OF
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
3,990,024.93 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
18.7 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
Ares Core Infrastructure Fund | |
| (b) | Address of issuer's principal executive offices:
245 Park Avenue, 44th Floor New York, NY, 10067 | |
| Item 2. | ||
| (a) | Name of person filing:
Nonghyup Bank acting as trustee of Truston Core Infra Qualified Investment Type Private Investment Trust II | |
| (b) | Address or principal business office or, if none, residence:
120, Tongil-ro, Jung-Gu, Seoul, 04517, Republic of Korea | |
| (c) | Citizenship:
Republic of Korea | |
| (d) | Title of class of securities:
Common Shares of Beneficial Interest, Par Value $0.01 Per Share | |
| (e) | CUSIP No.:
04021D108 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
| |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
| |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
| |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
3,990,024.938
On February 3, 2025, Ares Core Infrastructure Fund (the "Fund") sold Common Shares at a purchase price equal to the Fund's net asset value ("NAV") per Common Share as of January 31, 2025. The number of Common Shares to be issued was finalized on February 19, 2025. This transaction was described in the Current Reports on Form 8-K filed by the Fund on February 7 and 19, 2025. Following the consummation of this transaction, the Reporting Person beneficially owned 3,990,024.938 Common Shares.
The Common Shares reported hereby are held directly by the Reporting Person. The Reporting Person is the trustee for Truston Core Infra Qualified Investment Type Private Investment Trust II, which is not a legal entity under South Korean law. The Trustee possesses the power to execute the activities of Truston Core Infra Qualified Investment Type Private Investment Trust II in respect of the Common Shares.
The Common Shares reported hereby represent approximately 18.7% of the Issuer's outstanding Common Shares based on 21,360,329 Common Shares outstanding as of February 19, 2025, as disclosed in the Fund's Current Report on Form 8-K filed on February 19, 2025. | |
| (b) | Percent of class:
18.7 %
| |
| (c) | Number of shares as to which the person has:
| |
| (i) Sole power to vote or to direct the vote:
3,990,024.938 | ||
| (ii) Shared power to vote or to direct the vote:
0 | ||
| (iii) Sole power to dispose or to direct the disposition of:
3,990,024.938 | ||
| (iv) Shared power to dispose or to direct the disposition of:
0 | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
| ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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