{"transactions":[{"id":1098059,"issuer":{"id":39709,"kind":"organization","name":"Ares Private Markets Fund","symbol":"NONE"},"owners":[{"id":77873,"kind":"person","name":"Dhanda Rajat","position":1,"cik":"0001703078","reported_name":"Dhanda Rajat","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class I Shares of Beneficial Interest","published_at":"2025-07-01T22:18:57.000Z","date":"2025-06-27","kind":"purchase","planned":false,"acquired":true,"shares":55643.503,"price":35.9431,"value":1999999.9926793,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"On June 1, 2025, the Reporting Person subscribed for a $2,000,000 interest in the Issuer. On June 27, 2025, the Issuer determined the purchase price per share and fixed the number of Class I Shares acquired in respect of such subscription."}],"balance_after":55643.503,"source":{"system":"sec-edgar","filing":"0000950170-25-092376","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1876006/000095017025092376/ownership.xml","form_type":"4"}},{"id":2036084,"issuer":{"id":25001,"kind":"organization","name":"ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.","symbol":"NONE"},"owners":[{"id":77873,"kind":"person","name":"Dhanda Rajat","position":1,"cik":"0001703078","reported_name":"Dhanda Rajat","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Partner, Co-President"}}],"security":"Class I Operating Partnership Units","published_at":"2023-02-02T22:23:48.000Z","date":"2023-02-01","kind":"other","acquired":true,"shares":515464.4681,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"The Class I Operating Partnership Units (\"Class I OP Units\") were acquired by the reporting person on February 1, 2023 as consideration for the redemption of the reporting person's interest in a limited partnership. No cash consideration was paid. Beginning on January 1, 2024, the reporting person may request that AIREIT Operating Partnership LP, a subsidiary of the Issuer, redeem all or a portion of the Class I OP Units for cash, unless the Issuer's board of directors determines that the redemption of the Class I OP Units for cash would be prohibited by applicable law, the Issuer's charter, or the Operating Partnership's limited partnership agreement (the \"OP Agreement\"), in which case the Class I OP Units will be redeemed for shares of the Issuer's Class I common stock, subject to any limitations on redemption in the OP agreement. Any such redemption of Class I OP Units will be priced at the then-current NAV of such Class I OP Units."},{"field":"kind","element":"transactionCoding","label":"F1","text":"The Class I Operating Partnership Units (\"Class I OP Units\") were acquired by the reporting person on February 1, 2023 as consideration for the redemption of the reporting person's interest in a limited partnership. No cash consideration was paid. Beginning on January 1, 2024, the reporting person may request that AIREIT Operating Partnership LP, a subsidiary of the Issuer, redeem all or a portion of the Class I OP Units for cash, unless the Issuer's board of directors determines that the redemption of the Class I OP Units for cash would be prohibited by applicable law, the Issuer's charter, or the Operating Partnership's limited partnership agreement (the \"OP Agreement\"), in which case the Class I OP Units will be redeemed for shares of the Issuer's Class I common stock, subject to any limitations on redemption in the OP agreement. Any such redemption of Class I OP Units will be priced at the then-current NAV of such Class I OP Units."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The Class I Operating Partnership Units (\"Class I OP Units\") were acquired by the reporting person on February 1, 2023 as consideration for the redemption of the reporting person's interest in a limited partnership. No cash consideration was paid. Beginning on January 1, 2024, the reporting person may request that AIREIT Operating Partnership LP, a subsidiary of the Issuer, redeem all or a portion of the Class I OP Units for cash, unless the Issuer's board of directors determines that the redemption of the Class I OP Units for cash would be prohibited by applicable law, the Issuer's charter, or the Operating Partnership's limited partnership agreement (the \"OP Agreement\"), in which case the Class I OP Units will be redeemed for shares of the Issuer's Class I common stock, subject to any limitations on redemption in the OP agreement. Any such redemption of Class I OP Units will be priced at the then-current NAV of such Class I OP Units."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"There is no expiration date for the reporting person's ability to request redemption of the Class I OP Units."}],"balance_after":515464.4681,"derivative":{"underlying":"Class I Common Stock","underlying_shares":515464.4681},"source":{"system":"sec-edgar","filing":"0001062993-23-001994","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1625941/000106299323001994/form4.xml","form_type":"4"}},{"id":2733009,"issuer":{"id":25001,"kind":"organization","name":"ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.","symbol":"NONE"},"owners":[{"id":77873,"kind":"person","name":"Dhanda Rajat","position":1,"cik":"0001703078","reported_name":"Dhanda Rajat","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"See Remarks"}}],"security":"Class I Common Stock","published_at":"2021-05-03T20:04:36.000Z","date":"2021-05-01","kind":"purchase","acquired":true,"shares":98009.429,"price":10.2031,"value":1000000.0050299,"ownership":{"direct":true},"balance_after":98009.429,"source":{"system":"sec-edgar","filing":"0001703078-21-000005","document":"edgar.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1625941/000170307821000005/edgar.xml","form_type":"4"}},{"id":3852885,"issuer":{"id":9779,"kind":"organization","name":"Ares Real Estate Income Trust Inc."},"owners":[{"id":77873,"kind":"person","name":"Dhanda Rajat","position":1,"cik":"0001703078","reported_name":"Dhanda Rajat","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President"}}],"security":"Class I Common Stock","published_at":"2018-08-03T20:08:21.000Z","date":"2018-08-01","kind":"purchase","acquired":true,"shares":33397.01,"price":7.4857,"value":249999.997757,"ownership":{"direct":true},"balance_after":33397.01,"source":{"system":"sec-edgar","filing":"0001628280-18-010427","document":"wf-form4_153332688487215.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1327978/000162828018010427/wf-form4_153332688487215.xml","form_type":"4"}}]}