The Ares investment strategy has withstood the test of time, succeeding through changing economic conditions and financial market cycles.* As Ares continues to grow, our objective will remain constant: to create long-term value for our investors, management teams and other partners through integrity, discipline, creativity and teamwork.

* Ares' past performance is not a guarantee of future results.

Ares Management LLC ("Ares") is an independent Los Angeles based investment management firm with over $25.0 billion of committed capital under management. Founded in 1997 by a group of highly experienced investment professionals, Ares specializes in managing assets in both the private equity and leveraged finance markets.

Ares private equity activities are conducted through the Ares Corporate Opportunities Fund, L.P. ("ACOF"). The private equity fund focuses on providing flexible, junior capital to middle market companies.

Ares leveraged finance activities include the management of bank loans, high yield bonds, mezzanine and special situation investments, which are held in a variety of investment vehicles.

Ares has the unique ability to invest across a capital structure, from senior floating rate debt to common equity. This flexibility, combined with Ares' "buy and hold" philosophy, enables Ares to structure an investment to meet the specific needs of a company rather than the less flexible demands of the public markets.