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        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001576312</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001176948</issuerCik>
            <issuerName>ARES MANAGEMENT CORPORATION</issuerName>
            <secFileNumber>001-36429</secFileNumber>
            <issuerAddress>
                <ns2:street1>2000 Avenue of the Stars</ns2:street1>
                <ns2:street2>12th Floor</ns2:street2>
                <ns2:city>Los Angeles</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>90067</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>310-201-4100</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>ROBERT KIPP DEVEER III</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>80637</noOfUnitsSold>
            <aggregateMarketValue>10905880.08</aggregateMarketValue>
            <noOfUnitsOutstanding>185587000</noOfUnitsOutstanding>
            <approxSaleDate>02/16/2024</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>01/01/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>4064</amountOfSecuritiesAcquired>
            <paymentDate>01/01/2022</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>01/20/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>248</amountOfSecuritiesAcquired>
            <paymentDate>01/20/2022</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>01/31/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>22350</amountOfSecuritiesAcquired>
            <paymentDate>01/31/2022</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>01/31/2023</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>13853</amountOfSecuritiesAcquired>
            <paymentDate>01/31/2023</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>01/20/2023</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>300</amountOfSecuritiesAcquired>
            <paymentDate>01/20/2023</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>09/11/2021</acquiredDate>
            <natureOfAcquisitionTransaction>Performance Stock Units</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>39822</amountOfSecuritiesAcquired>
            <paymentDate>09/11/2021</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>ROBERT KIPP DEVEER III</name>
                <address>
                    <ns2:street1>2000 Avenue of the Stars</ns2:street1>
                    <ns2:street2>12th Floor</ns2:street2>
                    <ns2:city>Los Angeles</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>90067</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/15/2024</saleDate>
            <amountOfSecuritiesSold>48416</amountOfSecuritiesSold>
            <grossProceeds>6555477.98</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>ROBERT KIPP DEVEER III</name>
                <address>
                    <ns2:street1>2000 Avenue of the Stars</ns2:street1>
                    <ns2:street2>12th Floor</ns2:street2>
                    <ns2:city>Los Angeles</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>90067</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/14/2024</saleDate>
            <amountOfSecuritiesSold>82796</amountOfSecuritiesSold>
            <grossProceeds>11298963.13</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>02/16/2024</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Robert Kipp DeVeer</signature>
        </noticeSignature>
    </formData>
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[{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 7954}]
144
0001576312
XXXXXXXX
LIVE
0001176948
ARES MANAGEMENT CORPORATION
001-36429
2000 Avenue of the Stars
12th Floor
Los Angeles
CA
90067
310-201-4100
ROBERT KIPP DEVEER III
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
80637
10905880.08
185587000
02/16/2024
NYSE
Common
01/01/2022
Restricted stock vesting under a registered plan
Issuer
N
4064
01/01/2022
Services Rendered
Common
01/20/2022
Restricted stock vesting under a registered plan
Issuer
N
248
01/20/2022
Services Rendered
Common
01/31/2022
Restricted stock vesting under a registered plan
Issuer
N
22350
01/31/2022
Services Rendered
Common
01/31/2023
Restricted stock vesting under a registered plan
Issuer
N
13853
01/31/2023
Services Rendered
Common
01/20/2023
Restricted stock vesting under a registered plan
Issuer
N
300
01/20/2023
Services Rendered
Common
09/11/2021
Performance Stock Units
Issuer
N
39822
09/11/2021
Services Rendered
N
ROBERT KIPP DEVEER III
2000 Avenue of the Stars
12th Floor
Los Angeles
CA
90067
Common
02/15/2024
48416
6555477.98
ROBERT KIPP DEVEER III
2000 Avenue of the Stars
12th Floor
Los Angeles
CA
90067
Common
02/14/2024
82796
11298963.13
02/16/2024
/s/ Robert Kipp DeVeer