Form: 3

Initial statement of beneficial ownership of securities

July 26, 2021

Documents

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Apollo Management Holdings GP, LLC
(Last) (First) (Middle)
9 W. 57TH STREET
43RD FLOOR
(Street)
NEW YORK NY 10019
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/15/2021 		3. Issuer Name and Ticker or Trading Symbol
Ares Dynamic Credit Allocation Fund, Inc. [ ARDC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Mandatory Redeemable Preferred Stock 7/15/2026 9,000,000 I See footnote(1)
Mandatory Redeemable Preferred Stock 9/15/2026 4,000,000 I See footnote(1)
Mandatory Redeemable Preferred Stock 9/15/2028 6,000,000 I See footnote(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Apollo Management Holdings GP, LLC
(Last) (First) (Middle)
9 W. 57TH STREET
43RD FLOOR
(Street)
NEW YORK NY 10019
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Athene Annuity & Life Co
(Last) (First) (Middle)
7700 MILLS CIVIC PARKWAY
(Street)
WEST DES MOINES IA 50266
(City) (State) (Zip)
1. Name and Address of Reporting Person*
ATHENE ANNUITY & LIFE ASSURANCE Co
(Last) (First) (Middle)
400 BROOKFIELD PARKWAY
(Street)
GREENVILLE SC 29607
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Athene USA Corp
(Last) (First) (Middle)
7700 MILLS CIVIC PARWAY
(Street)
WEST DES MOINES IA 50266
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Athene Holding Ltd
(Last) (First) (Middle)
SECOND FLOOR, WASHINGTON HOUSE
16 CHURCH STREET
(Street)
HAMILTON D0 HM 11
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Apollo Insurance Solutions Group LP
(Last) (First) (Middle)
2121 ROSECRANS AVE
STE 5300
(Street)
EL SEGUNDO CA 90245
(City) (State) (Zip)
1. Name and Address of Reporting Person*
AISG GP Ltd.
(Last) (First) (Middle)
C/O WALKERS CORPORATE LIMITED
CAYMAN CORPORATE CENTER, 27 HOSPITAL RD
(Street)
GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Apollo Capital Management, L.P.
(Last) (First) (Middle)
9 WEST 57TH STREET
(Street)
NEW YORK NY 10019
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Apollo Capital Management GP, LLC
(Last) (First) (Middle)
9 WEST 57TH STREET
(Street)
NEW YORK NY 10019
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Apollo Management Holdings, L.P.
(Last) (First) (Middle)
9 W. 57TH STREET
(Street)
NEW YORK NY 10019
(City) (State) (Zip)
Explanation of Responses:
1. See Exhibit 99.1.
See signatures attached as Exhibit 99.2 07/26/2021
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.