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IVY HILL ASSET MANAGEMENT, L.P.

Firm Overview

IVY HILL ASSET MANAGEMENT, L.P. is an SEC Registered Investment Adviser (RIA). The firm is based in NEW YORK NY UNITED STATES. As of the firm's last SEC filing on March 29, 2019, the firm has 20 employees and has $4.91 Billion in Regulatory Assets Under Management (RAUM).


Form ADV Summary as of March 29, 2019

Address Information

MAIN ADDRESS

245 PARK AVENUE
43RD FLOOR
NEW YORK NY 10167-0002
UNITED STATES
212-750-7300

View on Map

Adviser Information

Legal Name

IVY HILL ASSET MANAGEMENT, L.P.

Business Name

IVY HILL ASSET MANAGEMENT, L.P.

Jurisdiction/Type

DE Limited Partnership

Website(s)

http://www.aresmgmt.com
http://www.arescapitalcorp.com

SEC Status

Registered - Approved

Registration Date

2012-03-30

Registration Information

SEC Number

801-74555

CRD Number

161608

Public Reporting Company

No

CIK Number

LEI Number

Legal Structure and Domicile

Legal Structure

Limited Partnership

Legal Domicile Country

United States

Legal Domicile State/Province

DE

Key Figures Summary

Regulatory Assets Under Management (RAUM)

4,907,134,682.00

Number of Employees

20 (Advisory: 17)

Number of Clients

0

Number of Accounts

24

Services, Fees, and Clients

Services Offered

  • Portfolio Management - Pooled Investment Vehicles
  • Portfolio Management - Business or Institutional Clients

Fee Type Charged

  • Percentage of AUM
  • Performance-based Fees

Client Types

  • Individuals (non-High Net Worth)
  • Individuals (High Net Worth Only)
  • Banking or Thrift Institutions
  • Registered Investment Companies
  • Pooled Investment Vehicles
  • Pension and Profit Sharing Plans
  • Charitable Organizations
  • State or Municipal Government
  • Other Investment Advisers
  • Insurance Companies
  • Sovereign Wealth Funds
  • Corporation or Other Business

Significant Red Flags

Disclosure Reporting Pages (DRPs)

  • None

Potential Conflicts

  • Principal Transactions
  • Transactions in Recommended Securities
  • Recommend Owned Securities
  • Related Persons have Custody of Client Assets or Accounts
  • Related Persons have Custody of Client Securities
  • Has Unnamed Control Persons


Funds

AMERICAN CAPITAL EQUITY I, LLC

Private Equity Fund
Delaware
United States
GAV: $ 29,792,209 (reported: 2019-03-29)
14 Beneficial Owners
0% of clients invested
Directors/Managers: AMERICAN CAPITAL EQUITY MANAGEMENT I, LLC - MANAGER

AMERICAN CAPITAL EQUITY II, LP

Private Equity Fund
Delaware
United States
GAV: $ 3,059,577 (reported: 2019-03-29)
12 Beneficial Owners
0% of clients invested
Directors/Managers: AMERICAN CAPITAL EQUITY MANAGEMENT II, LLC - MANAGER

COLTS 2005-1 LTD.

Securitized Asset Fund
Cayman Islands
GAV: $ 5,199,596 (reported: 2019-03-29)
3 Beneficial Owners
0% of clients invested
Directors/Managers: KAREN ELLERBE - DIRECTOR, MORA GODDARD - DIRECTOR

COLTS 2005-2 LTD.

Securitized Asset Fund
Cayman Islands
GAV: $ 12,292,482 (reported: 2019-03-29)
4 Beneficial Owners
0% of clients invested
Directors/Managers: KAREN ELLERBE -DIRECTOR, MORA GODDARD - DIRECTOR

EMPORIA PREFERRED FUNDING I, LTD.

Securitized Asset Fund
Cayman Islands
GAV: $ 1,266,007 (reported: 2019-03-29)
12 Beneficial Owners
0% of clients invested
Directors/Managers: KAREN ELLERBE -DIRECTOR, MORA GODDARD - DIRECTOR

EMPORIA PREFERRED FUNDING II, LTD.

Securitized Asset Fund
Cayman Islands
GAV: $ 66,188 (reported: 2019-03-29)
4 Beneficial Owners
0% of clients invested
Directors/Managers: KAREN ELLERBE -DIRECTOR, MORA GODDARD - DIRECTOR

EMPORIA PREFERRED FUNDING III, LTD.

Securitized Asset Fund
Cayman Islands
GAV: $ 4,485,009 (reported: 2019-03-29)
5 Beneficial Owners
0% of clients invested
Directors/Managers: KAREN ELLERBE- DIRECTOR, MORA GODDARD - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND X, LTD

Securitized Asset Fund
Cayman Islands
GAV: $ 399,882,216 (reported: 2019-03-29)
1 Beneficial Owners
0% of clients invested
Directors/Managers: BETSY MORTEL-DIRECTOR, KEVIN BRADDISH - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND IV, LTD.

Securitized Asset Fund
Cayman Islands
GAV: $ 362,031,039 (reported: 2019-03-29)
2 Beneficial Owners
0% of clients invested
Directors/Managers: ANDREW DEAN - DIRECTOR, BETSY MORTEL - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND IX, LTD

Securitized Asset Fund
Cayman Islands
GAV: $ 339,551,039 (reported: 2019-03-29)
1 Beneficial Owners
0% of clients invested
Directors/Managers: BETSY MORTEL - DIRECTOR, RACHEL FISHER - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND V, LTD.

Securitized Asset Fund
Cayman Islands
GAV: $ 355,327,045 (reported: 2019-03-29)
80 Beneficial Owners
0% of clients invested
Directors/Managers: BETSY MORTEL - DIRECTOR, STEVEN MANNING - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND VII, LTD.

Securitized Asset Fund
Cayman Islands
GAV: $ 445,219,004 (reported: 2019-03-29)
2 Beneficial Owners
0% of clients invested
Directors/Managers: BETSY MORTEL - DIRECTOR, DANIEL REWALT - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND VIII, LTD.

Securitized Asset Fund
Delaware
United States
GAV: $ 428,260,484 (reported: 2019-03-29)
4 Beneficial Owners
0% of clients invested
Directors/Managers: IVY HILL ASSET MANAGEMENT, L.P. - SOLE MEMBER, RACHEL FISHER-DIRECTOR
Feeder Fund Name: IVY HILL VIII CO-INVEST, L.P.

IVY HILL MIDDLE MARKET CREDIT FUND XI, LTD

Securitized Asset Fund
Cayman Islands
GAV: $ 0 (reported: 2019-03-29)
0 Beneficial Owners
0% of clients invested
Directors/Managers: BETSY MORTEL-DIRECTOR, KEVIN BRADDISH - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND XII, LTD

Securitized Asset Fund
Cayman Islands
GAV: $ 397,290,381 (reported: 2019-03-29)
2 Beneficial Owners
0% of clients invested
Directors/Managers: BETSY MORTEL-DIRECTOR, KEVIN BRADDISH - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND XIII, LTD

Securitized Asset Fund
Cayman Islands
GAV: $ 116,376,210 (reported: 2019-03-29)
1 Beneficial Owners
0% of clients invested
Directors/Managers: KEVIN BRADDISH - DIRECTOR

IVY HILL MIDDLE MARKET CREDIT FUND XIV, LTD

Securitized Asset Fund
Cayman Islands
GAV: $ 1,056,880,901 (reported: 2019-03-29)
2 Beneficial Owners
0% of clients invested
Directors/Managers: KEVIN BRADDISH - DIRECTOR

ARES PRIVATE DEBT STRATEGIES FUND II, L.P.

Other Private Fund
Delaware
United States
GAV: $ 10,820,109 (reported: 2019-03-29)
2 Beneficial Owners
0% of clients invested
Directors/Managers: IVY HILL PDS II GP, LLC - GENERAL PARTNER

FIRSTLIGHT FINANCIAL CORPORATION

Other Private Fund
Delaware
United States
GAV: $ 3,024,788 (reported: 2019-03-29)
2 Beneficial Owners
0% of clients invested
Directors/Managers: CFLH, L.P. - MANAGING MEMBER, IVY HILL INVESTMENT HOLDINGS, LLC - MANAGING MEMBER

IVY HILL INVESTMENT HOLDINGS, LLC

Other Private Fund
Delaware
United States
GAV: $ 378,437,086 (reported: 2019-03-29)
1 Beneficial Owners
0% of clients invested
Directors/Managers: KEVIN BRADDISH - DIRECTOR, MORA GODDARD - DIRECTOR

PRIVATE DEBT STRATEGIES FUND III, L.P.

Other Private Fund
Delaware
United States
GAV: $ 189,620,796 (reported: 2019-03-29)
2 Beneficial Owners
0% of clients invested
Directors/Managers: IVY HILL ASSET MANAGEMENT L.P. - GENERAL PARTNER

PRIVATE DEBT STRATEGIES FUND IV, L.P.

Other Private Fund
Cayman Islands
GAV: $ 31,850,080 (reported: 2019-03-29)
2 Beneficial Owners
0% of clients invested
Directors/Managers: IVY HILL PDS IV GP LLC - GENERAL PARTNER

PRIVATE DEBT STRATEGIES FUND V, L.P.

Other Private Fund
Cayman Islands
GAV: $ 30,119,044 (reported: 2019-03-29)
1 Beneficial Owners
0% of clients invested
Directors/Managers: IVY HILL PDS V GP LLC - GENERAL PARTNER

Books and Records Locations

ARES MANAGEMENT LLC

800 CORPORATE POINTE
SUITE 300
CULVER CITY California 90230
UNITED STATES
Phone: 310-201-4100

ARES MANAGEMENT LLC

3344 PEACHTREE ROAD, NE
SUITE 1950
ATLANTA Georgia 30326
UNITED STATES
Phone: 678 538-1900

ARES MANAGEMENT LLC

560 WHITE PLAINS ROAD
SUITE 400
TARRYTOWN New York 10591
UNITED STATES
Phone: 914-418-1200

GLOBAL RELAY

220 CAMBIE STREET
2ND FLOOR
VANCOUVER BCV6B2MP
CANADA
Phone: 8664846630

IRON MOUNTAIN

1000 CAMPUS DRIVE
COLLEGEVILLE Pennsylvania 19426-4908
UNITED STATES
Phone: 800-934-3453


Service Providers

Administrators

SS&C GLOBE OP

COLUMBUS, Ohio
United States

SS&C TECHNOLOGIES

COLUMBUS, Ohio
United States

STATE STREET BANK

BOSTON, Massachusetts
United States

U.S. BANK, N.A.

CHARLOTTE, North Carolina
United States

U.S. BANK, N.A.

BOSTON, Massachusetts
United States

US BANK, NA

BOSTON, Massachusetts
United States


Auditors

ERNST & YOUNG LLP

LOS ANGELES, California
United States

ERNST & YOUNG, LLP

LOS ANGELES, California
United States

ERNST AND YOUNG, LLP

LOS ANGELES, California
United States

KPMG LLP

LOS ANGELES, California
United States


Custodians

PNC BANK, NATIONAL ASSOCIATION

WASHINGTON, District of Columbia
United States

STATE STREET BANK

BOSTON, Massachusetts
United States

THE BANK OF NEW YORK MELLON

HOUSTON, Texas
United States

U.S. BANK, N.A.

CHARLOTTE, North Carolina
United States

U.S. BANK, N.A.

BOSTON, Massachusetts
United States

US BANK NATIONAL ASSOCIATION

BOSTON, Massachusetts
United States

WELLS FARGO BANK, NATIONAL ASSOCIATION

COLUMBIA, Maryland
United States

Control Persons

Direct Owners

ARES CAPITAL CORPORATION

CONTROL PERSON

LIMITED PARTNER (since 11/2007)
Ownership Percentage: 75% or more

IVY HILL ASSET MANAGEMENT GP, LLC

CONTROL PERSON

GENERAL PARTNER (since 11/2007)
Ownership Percentage: Less than 5%

KEVIN ROBERT BRADDISH

CONTROL PERSON

PRESIDENT (since 04/2015)
Ownership Percentage: Less than 5%

MICHAEL J (MI ONLY) AROUGHETI

CONTROL PERSON

VICE PRESIDENT (since 08/2011)
Ownership Percentage: Less than 5%

MIRIAM GOLDSMITH KRIEGER

CONTROL PERSON

CHIEF COMPLIANCE OFFICER (since 03/2012)
Ownership Percentage: Less than 5%

PENELOPE FACEMIRE ROLL

CONTROL PERSON

VICE PRESIDENT, CHIEF FINANCIAL OFFICER AND TREASURER (since 08/2011)
Ownership Percentage: Less than 5%


Indirect Owners

ARES CAPITAL CORPORATION

CONTROL PERSON

MEMBER (since 11/2007)
Owned through: IVY HILL ASSET MANAGEMENT GP, LLC
Ownership Percentage: 75% or more

MICHAEL J (MI ONLY) AROUGHETI

CONTROL PERSON

ELECTED MANAGER (since 11/2007)
Owned through: IVY HILL ASSET MANAGEMENT GP, LLC
Ownership Percentage: Other

MICHAEL L. SMITH

CONTROL PERSON

ELECTED MANAGER (since 11/2007)
Owned through: IVY HILL ASSET MANAGEMENT GP, LLC
Ownership Percentage: Other

MITCHELL SCOTT GOLDSTEIN

CONTROL PERSON

ELECTED MANAGER (since 11/2007)
Owned through: IVY HILL ASSET MANAGEMENT GP, LLC
Ownership Percentage: Other

PENELOPE FACEMIRE ROLL

CONTROL PERSON

ELECTED MANAGER (since 02/2013)
Owned through: IVY HILL ASSET MANAGEMENT GP, LLC
Ownership Percentage: Other

ROBERT KIPP DEVEER

CONTROL PERSON

ELECTED MANAGER (since 11/2007)
Owned through: IVY HILL ASSET MANAGEMENT GP, LLC
Ownership Percentage: Other


Other Offices

Public Office

3344 PEACHTREE ROAD NE
SUITE 1950
ATLANTA Georgia 30326
UNITED STATES
Phone: 678-538-1900

Public Office

560 WHITE PLAINS ROAD
SUITE 400
TARRYTOWN New York 10591
UNITED STATES
Phone: 914-418-1200

Relying Advisers and Affiliates

ACE ESSLP GP, LLC

ACE III GP (SCOTLAND) LLP

ACIP INVESTMENT MANAGEMENT LLC

ACOF ASIA MANAGEMENT, L.P.

ACOF INVESTMENT MANAGEMENT, LLC

ACOF IV ATD CO-INVESTMENT MANAGEMENT, LLC

ACOF MANAGEMENT II, L.P.

ACOF MANAGEMENT III, L.P.

ACOF MANAGEMENT IV, L.P.

ACOF MANAGEMENT V, L.P.

ACOF MANAGEMENT, L.P.

ACOF OPERATING MANAGER II, L.P.

ACOF OPERATING MANAGER III, LLC

ACOF OPERATING MANAGER IV, LLC

ACOF OPERATING MANAGER, L.P.

ADEM ADVISORS, LLC

ADEM MANAGEMENT, LLC

AEIF KLEEN, LLC

AEIF LINDEN GP, LLC

AEOF MANAGEMENT, L.P.

AEPEP (SCOTLAND) GP II, L.L.P.

AEPEP II N GP, LP

AMERICAN CAPITAL EQUITY MANAGEMENT I, LLC

AMERICAN CAPITAL EQUITY MANAGEMENT II, LLC

APOLLO FINANCIAL ADVISORS, LLC

APOLLO POLAND REAL ESTATE ADVISORS, L.P.

APOLLO REAL ESTATE ADVISORS III, L.P.

APOLLO REAL ESTATE ADVISORS IV, L.P.

APOLLO REAL ESTATE ADVISORS V, L.P.

APOLLO REAL ESTATE MANAGEMENT V, L.P.

APRESCCO LLC

APSECURITIES LLC

APSECURITIES MANAGER LP

AREA EAGLE CO-INVEST ADVISORS, L.P.

AREA EAGLE CO-INVEST MANAGEMENT, LLC

AREA EUROPEAN PROPERTY ENHANCEMENT ADVISORS, L.P.

AREA EUROPEAN PROPERTY ENHANCEMENT MANAGEMENT, LLC

AREA UK CO-INVEST REAL ESTATE MANAGEMENT L.P.

AREA UK CO-INVEST, L.P.

AREA-CAELUS CO-INVEST ADVISORS L.P.

AREA-CAELUS CO-INVESTMENT MANAGEMENT, L.P.

AREG -T ADVISORS III, L.P.

AREG AURORA CO-INVEST INCENTIVE LLC

AREG CC II INCENTIVE, LLC

AREG CC II MANAGER L.P.

AREG HEXAGON CO-INVEST VEHICLE ADVISORS, L.P.

AREG KLONDIKE MANAGER, L.P.

AREG LPKC ADVISORS, L.P.

AREG MAKENA CO-INVEST ADVSORS, LLC

AREG MAKENA MANAGEMENT, L.P.

AREG STAR AND GARTER CO-INVEST ADVISORS, L.P.

AREG-T MANAGER III, L.P.

AREG-TALISMAN FRED SUPP PARTNERS ADVSIORS, L.P.

AREOF VI TRITON LLC

ARES ASIA MANAGEMENT, LTD

ARES ASIP VII MANAGEMENT, L.P.

ARES ASSET-BACKED GP LP

ARES CACTUS MANAGEMENT GP, LLC

ARES CACTUS OPERATING MANAGER LP

ARES CAPITAL EURO GP II, L.P.

ARES CAPITAL EURO GP, L.P.

ARES CAPITAL EUROPE IV GP (DELAWARE) L.P.

ARES CAPITAL EUROPE IV GP S.A R.L

ARES CAPITAL MANAGEMENT II LLC

ARES CAPITAL MANAGEMENT III, LLC

ARES CAPITAL MANAGEMENT LLC

ARES CCF GP, L.P.

ARES CENTRE STREET GP, INC.

ARES CENTRE STREET MANAGEMENT, L.P.

ARES CIP US REAL ESTATE OPPORTUNITY ADVISORS, L.P.

ARES CLO FUNDING I GP LLC

ARES CLO MANAGEMENT II, LLC

ARES CLO MANAGEMENT IIIR/IVR, L.P.

ARES CLO MANAGEMENT LLC

ARES CLO MANAGEMENT VIR, L.P.

ARES CLO MANAGEMENT VR, L.P

ARES CLO MANAGEMENT X, L.P.

ARES CLO MANAGEMENT XI, L.P.

ARES CLO MANAGEMENT XX, L.P.

ARES CLO MANAGEMENT XXI, L.P.

ARES CLO MANAGEMENT XXIII, L.P.

ARES CLO MANAGEMENT XXIV, L.P.

ARES CLO MANAGEMENT XXIX, L.P.

ARES CLO MANAGEMENT XXV, L.P.

ARES CLO MANAGEMENT XXVI, L.P.

ARES CLO MANAGEMENT XXVII, L.P.

ARES CLO MANAGEMENT XXVIII, L.P.

ARES CLO MANAGEMENT XXX, L.P.

ARES CLO MANAGEMENT XXXI, L.P.

ARES CLO MANAGEMENT XXXII, L.P.

ARES CLO MANAGEMENT XXXIII, L.P.

ARES COMMERCIAL FINANCE GP, L.P.

ARES COMMERCIAL FINANCE MANAGEMENT, L.P.

ARES COMMERCIAL REAL ESTATE MANAGEMENT LLC

ARES CREDIT HEDGE GP LLC

ARES CSF III INVESTMENT MANAGEMENT LLC

ARES CSF IV MANAGEMENT LLC

ARES CSF MANAGEMENT I, L.P.

ARES CSF MANAGEMENT III, L.P.

ARES CSF OPERATING MANAGER I, LLC

ARES DIRECT FINANCE GP LLC

ARES ECSF II (B) GP, LP

ARES ECSF III (A) GP, L.P.

ARES ECSF IV (M) GP LP

ARES ECSF IX (C) GP, L.P.

ARES ECSF V (G) GP, LP

ARES ECSF VI (B) GP, LP

ARES ECSF VII (PALO VERDE) GP, LP

ARES ECSF X (T) GP LLC

ARES EIF MANAGEMENT V, L.P.

ARES EIF MANAGEMENT, LLC

ARES ENHANCED CREDIT OPPORTUNITIES GP, LLC

ARES ENHANCED CREDIT OPPORTUNITIES INVESTMENT MANAGEMENT II, LLC

ARES ENHANCED LOAN INVESTMENT STRATEGY ADVISOR IV, L.P.

ARES ENHANCED LOAN MANAGEMENT II, L.P.

ARES ENHANCED LOAN MANAGEMENT III, L.P.

ARES ENHANCED LOAN MANAGEMENT IR, L.P.

ARES EUROPE CSF MANAGEMENT, L.P.

ARES EUROPEAN CREDIT INVESTMENTS II (G) GP LLC

ARES EUROPEAN CREDIT INVESTMENTS III (K) GP LLC

ARES EUROPEAN LOAN FUNDING GP LIMITED

ARES EUROPEAN LOAN MANAGEMENT LLP

ARES EUROPEAN REAL ESTATE ADVISORS (LUX) V S.A.R.L

ARES EUROPEAN REAL ESTATE ADVISORS I, L.P.

ARES EUROPEAN REAL ESTATE ADVISORS II, L.P.

ARES EUROPEAN REAL ESTATE ADVISORS III, L.P.

ARES EUROPEAN REAL ESTATE ADVISORS IV, L.P.

ARES EUROPEAN REAL ESTATE ADVISORS V, L.P

ARES EUROPEAN REAL ESTATE MANAGEMENT I, L.P.

ARES EUROPEAN REAL ESTATE MANAGEMENT II, L.P.

ARES EUROPEAN REAL ESTATE MANAGEMENT III, L.P.

ARES HICOF MANAGEMENT L.P.

ARES HICOF OPERATING MANAGER L.P.

ARES HIGH YIELD STRATEGIES FUND IV MANAGEMENT, L.P.

ARES ICOF II GP, LLC

ARES ICOF II MANAGEMENT, LLC

ARES ICOF III GP LP

ARES ICOF III MANAGEMENT LP

ARES INCOME OPPORTUNITY GP, LP

ARES INSTITUTIONAL CREDIT GP LLC

ARES INSTITUTIONAL HIGH YIELD GP LLC

ARES INSTITUTIONAL LOAN FUND GP, LLC

ARES INVESTOR SERVICES LLC

ARES JASPER GP, LP

ARES MANAGEMENT LIMITED

ARES MANAGEMENT LLC

ARES MANAGEMENT LUXEMBOURG S.A R.L.

ARES MANAGEMENT UK LIMITED

ARES MASTER EMPLOYEE CO-INVEST 2015 GP LLC

ARES MC INVESTMENTS MANAGEMENT, LTD.

ARES MEZZANINE MANAGEMENT LLC

ARES MEZZANINE PARTNERS GP, L.P.

ARES MSCF V (H) GP, L.P.

ARES MSCF V (H) MANAGEMENT LLC

ARES PCS MANAGEMENT LP

ARES PRIVATE ACCOUNT MANAGEMENT I, L.P

ARES REAL ESTATE ENHANCED INCOME ADVISORS LLC

ARES REAL ESTATE MANAGEMENT HOLDINGS, LLC

ARES REAL ESTATE SECURED INCOME ADVISORS, LLC

ARES SAGUARO GP, L.P.

ARES SDL CAPITAL INVESTORS GP, LLC

ARES SECURED INCOME FUND GP LLC

ARES SENIOR LOAN TRUST MANAGEMENT LP

ARES SSF RIOPELLE GP, L.P.

ARES STRATEGIC INVESTMENT GP III, LLC

ARES STRATEGIC INVESTMENT GP, LLC

ARES UK CSF GP, L.P.

ARES US REAL ESTATE DEVELOPMENT AND REDEVELOPMENT ADVISORS II, L.P.

ARES US REAL ESTATE IX ADVISORS, L.P.

ARES US REAL ESTATE OPPORTUNITY ADVISORS, L.P.

ARES US REAL ESTATE OPPORTUNITY MANAGEMENT, L.P.

ARES US REAL ESTATE VII ADVISORS, L.P.

ARES US REAL ESTATE VII MANAGEMENT, LLC

ARES US REAL ESTATE VIII ADVISORS, L.P.

ARES US REAL ESTATE VIII MANAGEMENT, LLC

ASIP OPERATING MANAGER IV, LLC

ASOF INVESTMENT MANAGEMENT LLC

ASSF MANAGEMENT III, LP

ASSF MANAGEMENT IV, L.P.

ASSF OPERATING MANAGER III, LLC

ASSF OPERATING MANAGER IV, L.P.

ASSF RIOPELLE MANAGEMENT, LLC

CHENGDU ARES YUANJIA EQUITY INVESTMENT FUND MANAGEMENT GP LP

CHENGDU ARES YUANKANG INVESTMENT MANAGEMENT CO LTD

CION ARES MANAGEMENT, LLC

EIF CALYPSO GP, LLC

EIF CHANNELVIEW GP, LLC

EIF FERNDALE GP, LLC

EIF OREGON GP, LLC

EIF US POWER II, LLC

EIF US POWER III, LLC

EIF US POWER IV, LLC

EIF US POWER, LLC

IVY HILL PDS II GP LLC

IVY HILL PDS IV GP LLC

IVY HILL PDS V GP LLC

VEF GROUP INCENTIVE, LLC

VEF GROUP MANAGEMENT, LLC

VEF VI GROUP INCENTIVE, LLC