Exhibit 21.1
Significant Subsidiaries - December 31, 2025
EntityJurisdiction
Ares Holdco LLCDelaware
Ares Holdings L.P.Delaware
Ares Finance Co. LLCDelaware
Ares Finance Co. II LLCDelaware
Ares Finance Co. III LLCDelaware
Ares Finance Co. IV LLCDelaware
Ares Management Worldwide Holdings LLCDelaware
Ares AMWH Holdings, Inc.Delaware
Ares Investments Holdings LLCDelaware
Ares Management Holdings L.P.Delaware
Ares Management LLCDelaware
Ares Operations LLCDelaware
BootstrapLabs IP Ventures, LLCDelaware
Ares European Operations S.à r.l.Luxembourg
Ares Management Capital Markets LLC Delaware
Ares Wealth Management Solutions, LLC Colorado
Ares Management PL LLCDelaware
Ares Insurance Solutions LLCDelaware
Ares Capital Management LLCDelaware
Ares Capital Management II LLCDelaware
Ares Capital Management III LLCDelaware
Ares Management LimitedEngland and Wales
Ares Management LuxembourgLuxembourg
Ares Management UK LimitedEngland and Wales
Ares Commercial Real Estate Management LLCDelaware
Ares Australia Holdings LLCDelaware
Ares India Management (US) LLCDelaware
Ares Operations India Private Limited India
AOI Holdings, LLCDelaware
Ares Administrative Services (DIFC) LimitedDubai
ACE IV GP LLCDelaware
Ares Capital Europe IV GP S.à r.l.Luxembourg
Ares Capital Europe IV GP (Delaware), L.P.Delaware
ACE V GP LLCDelaware
Ares Capital Europe V GP S.à r.l.Luxembourg
Ares Capital Europe V GP (Delaware), LPDelaware
ACE VI GP LLCDelaware
ACE VI RNF GP LLCDelaware
Ares Capital Europe VI GP S.à r.l.Luxembourg
Ares Capital Europe VI GP (Delaware), LPDelaware


Ares PCS Management GP II, LLCDelaware
Ares PCS Management II, L.P.Delaware
Ares SDL Capital Investors GP LLCDelaware
Ares SDL Capital Management LLCDelaware
SDL Management GP, L.P.Cayman Islands
CION Ares Management, LLCDelaware
Ares Alternative Credit Management LLCDelaware
APC Management GP LLCDelaware
APC Management, L.P.Delaware
APF Management II GP LLCDelaware
APF Management II, L.P.Delaware
ASOF Investment Management, LLCDelaware
ASOF Management II GP LLCDelaware
ASOF Management II, L.P.Delaware
ACOF Investment Management LLCDelaware
ACOF Management V GP LLCDelaware
ACOF Management V, L.P.Delaware
Ares PE Co-Invest GP LLCDelaware
ACOF Management VI GP LLCDelaware
ACOF Management VI, L.P.Delaware
AESIF GP LLCDelaware
AESIF Europe GP S.à r.l.Luxembourg
Double Diamond LLCDelaware
Ares Industrial Real Estate Fund Manager LLCDelaware
Ares Industrial Real Estate Fund GP LLCDelaware
AIREF Cayman GP LLCDelaware
AIREF Lux GP S.à r.l. Luxembourg
AIREIT Incentive Fee GP LLCDelaware
AREIT Incentive Fee GP LLCDelaware
Landmark Partners, LLCDelaware
Landmark Equity Advisors, L.L.C.Delaware
Landmark Partners XVI-GP, L.P.Delaware
Ares Blossom Non-US Holdings LimitedCayman Islands
Ares Blossom Non-US Fund Management Holdings LLCCayman Islands
GLP Japan Logistics Income Fund GP, Pte. Ltd.Singapore
JIF Japan Partners GP, Pte. Ltd.Singapore
GLP JIF SMA Fund I GP Pte. Ltd.Singapore
GCP Europe Management S.à r.l.Luxembourg
Japan Income Fund GKJapan
GLP Japan Inc.Japan
GLP Japan Advisors, Inc.Japan
EIP II GP S.à r.l.Luxembourg