Ares Dynamic Credit Allocation Fund, Inc. (ARDC) NYSE

12.65

-0.06(-0.47%)

Updated at June 02 04:00PM

Currency In USD

Ares Dynamic Credit Allocation Fund, Inc.

Address

2000 Avenue Of The Stars, 12th Floor

Los Angeles, CA 90067

United States of America (the)

Phone

310-201-4100

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

November 28, 2012

Key Executives

NameTitlePayYear Born
Seth J. BrufskyChief Executive Officer, President, Portfolio Manager and Director01967
Charles Arduini Jr.Vice President & Portfolio Manager01969
Daniel Robert HaywardVice President01985
Ian FitzgeraldGeneral Counsel & Corporate Secretary01975
Scott C. LemChief Financial Officer, Principal Accounting Officer & Treasurer01978
Lisa A. MorganChief Compliance Officer & Anti-Money Laundering Officer01976
John W. StilmarPartner & Co-Head of Public Markets Investor Relations0N/A
Samantha MilnerVice President & Portfolio Manager01978

Description

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.