UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/2007
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Check Here if Amendment / /; Amendment Number:
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This Amendment (Check only one.): / / is a restatement.
/ / adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ares Management LLC
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Address: 1999 Avenue of the Stars, Suite 1900
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Los Angeles, CA 90067
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Form 13F File Number: 28-
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The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Michael D. Weiner
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Title: Vice President, General Counsel and Secretary
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Phone: 310-201-4140
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Signature, Place, and Date of Signing:
/s/ Michael D. Weiner Los Angeles, CA February 14, 2008
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[Signature] [City, State] [Date]
Report Type (Check only one.):
/X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
/ / 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
/ / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager: NONE
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 9
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Form 13F Information Table Value Total: $631,986
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(thousands)
List of Other Included Managers: NONE
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------- -------------- --------- -------- --------- ----- ------ ------------ --------- ---------- -------- ----
Ares Capital Corporation Com 04010L103 17,788 1,216,667 SH Sole 1,216,667
Exco Resources Inc. Com 269279402 50,826 6,533,333 SH Sole 6,533,333
GenTek Inc. Com 37245X203 1,480 50,842 SH Sole 50,842
Hanger Orthopedic Group
Inc. Com 41043F208 2,202 200,000 SH Sole 200,000
Liberty Global, Inc. Com 530555101 13,842 353,101 SH Sole 353,101
Maidenform Brands, Inc. Com 560305104 50,566 3,737,351 SH Sole 3,737,351
NII Holdings Inc. Com 62913F201 10,850 225,000 SH Sole 225,000
SandRidge Energy, Inc. Com 80007P307 478,133 13,333,333 SH Sole 13,333,333
Virgin Media Inc. Com 92769L101 6,299 368,999 SH Sole 368,999
TOTAL 631,986 26,018,626 26,018,626