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Filing Details

Accession Number:: 0001104659-13-075770
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-10-15 20:16:31
Reporting Period:: 2013-10-10

Filing Date:: 2013-10-15
Accepted Time:: 2013-10-15 20:16:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1515324	Ares Dynamic Credit Allocation Fund Inc.	ARDC	()	454969053

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1259042	Ares Partners Management Co Llc	1999 Ave Of The Stars Ste 1900 Los Angeles CA 90067	No	No	No	Yes
1525554	Ares Investments Holdings Llc	2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067	No	No	No	Yes
1525555	Ares Investments Llc	2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067	No	No	No	Yes
1525559	Ares Capital Management Ii Llc	2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067	No	No	No	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2013-10-10	7,500	$18.04	49,686	No	4	P	Direct
Common Stock	Acquisiton	2013-10-11	7,500	$18.02	57,186	No	4	P	Direct
Common Stock	Acquisiton	2013-10-14	5,400	$18.01	62,586	No	4	P	Direct
Common Stock	Acquisiton	2013-10-15	7,500	$17.95	70,086	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Footnotes

This Form 4 is being filed jointly by (i) Ares Capital Management II LLC ("ACM"), (ii) Ares Partners Management Company LLC ("APMC"), (iii) Ares Investments Holdings LLC ("AIH") and (iv) Ares Investments LLC ("AI") (collectively, the "Ares Entities" or the "Reporting Persons"), in respect of 70,085.602 shares of common stock ("Common Stock") of Ares Dynamic Credit Allocation Fund, Inc. (the "Issuer") held directly by AIH.
APMC is the ultimate parent company of ACM, which is the Issuer's investment adviser. AIH is controlled by AI, which, in turn, is controlled by APMC. APMC is managed by an executive committee comprised of Michael Arougheti, David Kaplan, Gregory Margolies, Antony Ressler and Bennett Rosenthal. Because the executive committee acts by consensus/majority approval, none of the members of the executive committee has sole voting or dispositive power with respect to any shares of Common Stock.
Each of the members of the executive committee of APMC, the Ares Entities (other than AIH, with respect to the shares it holds directly) and the directors, officers, partners, stockholders, members and managers of the Ares Entities expressly disclaims beneficial ownership of any shares of Common Stock, except to the extent of any pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person or entity is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.