Sec Form 13G Filing - ARES MANAGEMENT LLC filing for Summit Midstream Partners LP (SMLP) - 2022-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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  UNITED STATES  
  SECURITIES AND EXCHANGE COMMISSION  
  Washington, D.C. 20549  
     

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)

 

Summit Midstream Partners, LP

(Name of Issuer)

 

Common Units

(Title of Class of Securities)

 

866142409

(CUSIP Number)

 

December 31, 2021

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o Rule 13d-1(b)
x Rule 13d-1(c)
o Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XXVII CLO Tax Subsidiary Inc.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,989
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,989

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,989
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.2%*
 
12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units (as defined below) outstanding as of October 29, 2021, as disclosed in the Issuer’s (as defined below) Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission (“SEC”) on November 5, 2021 (the “10-Q”).

 

-2-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XXVII CLO Ltd.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,989
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,989

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,989
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.2%*
 
12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-3-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XXVIIIR CLO Tax Subsidiary Inc.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
12,163
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
12,163

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
12,163
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.2%*
 
12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-4-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XXVIIIR CLO Ltd.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
12,163
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
12,163

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
12,163
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.2%*
 
12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-5-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XXIX CLO Tax Subsidiary Inc.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
0
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
0

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
0
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.0%*
 
12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-6-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XXIX CLO Ltd.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
0
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
0

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
0
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.0%*
 
12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-7-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XXXIR CLO Tax Subsidiary Inc.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
20,191
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
20,191

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
20,191
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.3%*
 
12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-8-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXIR CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
20,191
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
20,191
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
20,191
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.3%*
 
  12 Type of Reporting Person
FI
               

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-9-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXIIR CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,674
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,674
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,674
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
CO
               

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-10-

 

  

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXIIR CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,674
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,674
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,674
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-11-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXIV CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
17,109
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
17,109
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
17,109
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-12-

 

  

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXIV CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
17,109
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
17,109
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
17,109
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-13-

 

  

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXVR CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
9,852
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
9,852
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
9,852
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
CO
               

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-14-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXVR CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
9,852
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
9,852
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
9,852
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
FI
               

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-15-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXVII CLO Issuer Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
15,406
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
15,406
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,406
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-16-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXVII CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) ¨
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
15,406
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
15,406
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,406
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-17-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXVIII CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) ¨
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
9,393
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
9,393
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
9,393
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-18-

 

 

CUSIP No.  866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXVIII CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) ¨
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
9,393
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
9,393
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
9,393
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-19-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXIX CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) ¨
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,674
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,674
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,674
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-20-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XXXIX CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) ¨
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,674
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,674
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,674
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-21-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XL CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) ¨
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
15,788
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
15,788
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,788
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-22-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XL CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) ¨
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
15,788
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
15,788
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,788
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-23-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLI CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) ¨
    (b) ¨
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
13,674
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
13,674
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
13,674
 
  10 Check if the Aggregate Amount in Row (9) Exclu des Certain Shares  ¨
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-24-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XLI CLO Ltd.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
13,674
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
13,674

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
13,674
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.2%*
 
12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-25-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XLII CLO Tax Subsidiary Inc.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,281
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,281

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,281
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.1%*
 
12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-26-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XLII CLO Ltd.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,281
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,281

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,281
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.1%*
 
12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-27-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XLIII CLO Tax Subsidiary Inc.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
15,862
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
15,862

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,862
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.2%*
 
12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-28-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XLIII CLO Ltd.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
15,862
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
15,862

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,862
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.2%*
 
12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-29-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XLIV CLO Tax Subsidiary Inc.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
39,026
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
39,026

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
39,026
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.5%*
 
12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-30-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XLIV CLO Ltd.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
39,026
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
39,026

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
39,026
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.5%*
 
12 Type of Reporting Person
FI

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-31-

 

 

CUSIP No. 866142409 Schedule 13G  

 

1 Names of Reporting Persons
Ares XLV CLO Issuer Subsidiary Inc.
 
2 Check the Appropriate Box if a Member of a Group
  (a) o
  (b) o
 
3 SEC Use Only
 
4 Citizen or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,143
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,143

 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,143
 
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
11 Percent of Class Represented by Amount in Row 9
0.1%*
 
12 Type of Reporting Person
CO

 

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-32-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLV CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,143
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,143
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,143
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-33-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLVI CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
13,234
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
13,234
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
13,234
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-34-

 

  

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLVI CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
13,234
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
13,234
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
13,234
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-35-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLVII CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
15,423
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
15,423
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,423
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-36-

 

  

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLVII CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
15,423
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
15,423
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,423
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-37-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLVIII CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
11,536
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
11,536
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
11,536
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.2%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-38-

 

  

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLVIII CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
11,536
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
11,536
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
11,536
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-39-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLIX CLO Tax Subsidiary Inc.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,210
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,210
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,210
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-40-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares XLIX CLO Ltd.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Cayman Islands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
10,210
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
10,210
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
10,210
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
0.1%*
 
  12 Type of Reporting Person
FI
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-41-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares Management LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
271,628
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
271,628
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
271,628
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
3.8%*
 
  12 Type of Reporting Person
OO (Limited Liability Company)
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-42-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares Management Holdings L.P.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
271,628
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
271,628
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
271,628
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
3.8%*
 
  12 Type of Reporting Person
PN
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-43-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares Holdco LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
271,628
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
271,628
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
271,628
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
3.8%*
 
  12 Type of Reporting Person
OO (Limited Liability Company)
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-44-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares Management Corporation
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person Wit h
5 Sole Voting Power
0
 
6 Shared Voting Power
271,628
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
271,628
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
271,628
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
3.8%*
 
  12 Type of Reporting Person
CO
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-45-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares Voting LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
271,628
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
271,628
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
271,628
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
3.8%*
 
  12 Type of Reporting Person
OO (Limited Liability Company)
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-46-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares Management GP LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
271,628
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
271,628
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
271,628
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
3.8%*
 
  12 Type of Reporting Person
OO (Limited Liability Company)
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-47-

 

 

CUSIP No. 866142409 Schedule 13G  
 
  1 Names of Reporting Persons
Ares Partners Holdco LLC
 
  2 Check the Appropriate Box if a Member of a Group
    (a) o
    (b) o
 
  3 SEC Use Only
 
  4 Citizen or Place of Organization
Delaware
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0
 
6 Shared Voting Power
271,628
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
271,628
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
271,628
 
  10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable
 
  11 Percent of Class Represented by Amount in Row 9
3.8%*
 
  12 Type of Reporting Person
OO (Limited Liability Company)
               

* The calculation of the percentage of outstanding shares is based on 7,169,834 shares of Common Units outstanding as of October 29, 2021, as disclosed in the Issuer’s 10-Q.

 

-48-

 

 

Item 1.
  (a) Name of Issuer:
Summit Midstream Partners, LP (the “Issuer”)
  (b)

Address of Issuer’s Principal Executive Offices:
910 Louisiana Street, Suite 4200

Houston, TX 77002

 
Item 2.
  (a) Name of Person Filing:
Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons”. This statement is filed on behalf of the Ares Direct Holders (as defined below), the Ares Lenders of Record (as defined below), Ares Management LLC, Ares Management Holdings L.P. (“Ares Management Holdings”), Ares Holdco LLC (“Ares Holdco”), Ares Management Corporation (“Ares Management”), Ares Voting LLC (“Ares Voting”), Ares Management GP LLC (“Ares Management GP”) and Ares Partners Holdco LLC (“Ares Partners”).
  (b) Address or Principal Business Office:
The business address of each Reporting Person is 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067.
  (c)

Citizenship of each Reporting Person is:
Each of the Ares Direct Holders, Ares Management LLC, Ares Management Holdings, Ares Holdco, Ares Holdings, Ares Management, Ares Voting, Ares Management GP and Ares Partners is organized in the State of Delaware.

 

Each of the Ares Lenders of Record is organized in the Cayman Islands.

  (d) Title of Class of Securities:
Common Units (“Common Units”)
  (e) CUSIP Number:
866142409
 
Item 3.  
  Not applicable.
 
Item 4. Ownership

 

Ownership (a-b)

 

The ownership information presented below sets forth the number of shares and percentage of the Common Units that each Ares Direct Holder beneficially owns or may be deemed to beneficially own as of the filing date of this Amendment No. 1 (this “Amendment No. 1”) to the statement on Schedule 13G filed by the Reporting Persons on November 27, 2020 (together with this Amendment No. 1, this “Schedule 13G”), based on 7,169,834 shares of Common Units issued and outstanding as of October 29, 2021 (as reported in the Issuer’s quarterly report on Form 10-Q, filed with the Securities and Exchange Commission on November 5, 2021). The Reporting Persons collectively beneficially own, or may be deemed to beneficially own, an aggregate of 271,628 shares of Common Units. Such Common Units are held of record by the Reporting Persons listed under the heading “Ares Direct Holder” in the table below (each, an “Ares Direct Holder,” and collectively, the “Ares Direct Holders”) in the amounts set forth opposite each such Ares Direct Holder’s respective name. Each of the Reporting Persons listed under the heading “Ares Lender of Record” in the table below (each, an “Ares Lender of Record,” and collectively, “Ares Lenders of Record”) directly controls the Ares Direct Holder set forth opposite its respective name.

 

 

 

 

Ares XXIX CLO Ltd. has sold all of its previously held Common Units and is no longer an Ares Direct Holder. As such, Ares XXIX CLO Tax Subsidiary Inc. is also no longer an Ares Lender of Record.

 

Ares Direct Holder Number of Common
Units Held of Record
Percent of
Class
Ares Lender of Record
Ares XXVII CLO Tax Subsidiary Inc. 10,989 0.2% Ares XXVII CLO Ltd.
Ares XXVIIIR CLO Tax Subsidiary Inc. 12,163 0.2% Ares XXVIIIR CLO Ltd.
Ares XXIX CLO Tax Subsidiary Inc. 0 0.0% Ares XXIX CLO Ltd.
Ares XXXIR CLO Tax Subsidiary Inc. 20,191 0.3% Ares XXXIR CLO Ltd.
Ares XXXIIR CLO Tax Subsidiary Inc. 10,674 0.1% Ares XXXIIR CLO Ltd.
Ares XXXIV CLO Tax Subsidiary Inc. 17,109 0.2% Ares XXXIV CLO Ltd.
Ares XXXVR CLO Tax Subsidiary Inc. 9,852 0.1% Ares XXXVR CLO Ltd.
Ares XXXVII CLO Issuer Subsidiary Inc. 15,406 0.2% Ares XXXVII CLO Ltd.
Ares XXXVIII CLO Tax Subsidiary Inc. 9,393 0.1% Ares XXXVIII CLO Ltd.
Ares XXXIX CLO Tax Subsidiary Inc. 10,674 0.1% Ares XXXIX CLO Ltd.
Ares XL CLO Tax Subsidiary Inc. 15,788 0.2% Ares XL CLO Ltd.
Ares XLI CLO Tax Subsidiary Inc. 13,674 0.2% Ares XLI CLO Ltd.
Ares XLII CLO Tax Subsidiary Inc. 10,281 0.1% Ares XLII CLO Ltd.
Ares XLIII CLO Tax Subsidiary Inc. 15,862 0.2% Ares XLIII CLO Ltd.
Ares XLIV CLO Tax Subsidiary Inc. 39,026 0.5% Ares XLIV CLO Ltd.
Ares XLV CLO Issuer Subsidiary Inc. 10,143 0.1% Ares XLV CLO Ltd.
Ares XLVI CLO Tax Subsidiary Inc. 13,234 0.2% Ares XLVI CLO Ltd.
Ares XLVII CLO Tax Subsidiary Inc. 15,423 0.2% Ares XLVII CLO Ltd.
Ares XLVIII CLO Tax Subsidiary Inc. 11,536 0.2% Ares XLVIII CLO Ltd.
Ares XLIX CLO Tax Subsidiary Inc. 10,210 0.1% Ares XLIX CLO Ltd.

 

 

 

 

Ares Management LLC manages or controls, directly or indirectly, each Ares Lender of Record. The sole member of Ares Management LLC is Ares Management Holdings, and the general partner of Ares Management Holdings is Ares Holdco. The sole member of Ares Holdco is Ares Management. Ares Management GP is the sole holder of the Class B Common Stock, $0.01 par value per share, of Ares Management (the “Class B Common Stock”) and Ares Voting is the sole holder of the Class C common stock, $0.01 par value per share, of Ares Management (the “Class C Common Stock”). Pursuant to Ares Management’s Certificate of Incorporation in effect as of the date of this Schedule 13G, the holders of the Class B Common Stock and the Class C Common Stock, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the “Board Members”). Mr. Ressler generally has veto authority over decisions by the Board Members.

 

Each of the Reporting Persons (other than the Ares Direct Holders, in each case, solely with respect to the Common Units held of record by each such Ares Direct Holder as set forth above), the Board Members and the other directors, officers, partners, stockholders, members and managers of the Reporting Persons, expressly disclaims beneficial ownership of the Common Units for purposes of Section 13(d) of the Act and the rules under Section 13(d) of the Act.

 

(c) The information contained on the cover pages to this Schedule 13G is incorporated herein by reference.

 

Item 5. Ownership of Five Percent or Less of a Class

 

As of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the Issuer's Common Units.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

 

Not applicable.

 

Item 8. Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9. Notice of Dissolution of Group

 

Not applicable.

 

 

 

 

Item 10.Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date:   February 14, 2022

 

  Ares XXVII CLO Tax Subsidiary Inc.
   
  By: Ares CLO Management XXVII, L.P., as Asset Manager to Ares XXVII CLO Ltd.
   
  By: Ares CLO GP XXVII, LLC, its General Partner
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXVII CLO Ltd.
  By: Ares CLO Management XXVII, L.P., as Asset Manager
   
  By: Ares CLO GP XXVII, LLC, its General Partner
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXVIIIR CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XXVIIIR CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXVIIIR CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
   
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXIX CLO Tax Subsidiary Inc.
  By: Ares CLO Management XXIX, L.P., as Asset Manager to Ares XXIX CLO Ltd.
   
  By: Ares CLO GP XXIX, LLC, its General Partner
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXIX CLO Ltd.
  By: Ares CLO Management XXIX, L.P., as Asset Manager
   
  By: Ares CLO GP XXIX, LLC, its General Partner
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory

 

 

 

 

  Ares XXXIR CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XXXIR CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXIR CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXIIR CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XXXIIR CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXIIR CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXIV CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XXXIV CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXIV CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXVR CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XXXVR CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXVR CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXVII CLO Issuer Subs idiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XXXVII CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory

 

 

 

 

  Ares XXXVII CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXVIII CLO Tax Subsidiary Inc.
  By: Ares CLO Management II LLC, as Asset Manager to Ares XXXVIII CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXVIII CLO Ltd.
  By: Ares CLO Management II LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXIX CLO Tax Subsidiary Inc.
  By: Ares CLO Management II LLC, as Asset Manager to Ares XXXIX CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XXXIX CLO Ltd.
  By: Ares CLO Management II LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XL CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XL CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XL CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLI CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XLI CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory

 

 

 

 

  Ares XLI CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLII CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XLII CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLII CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLIII CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XLIII CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLIII CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLIV CLO Tax Subsidiary Inc.
  By: Ares CLO Management II LLC, as Asset Manager to Ares XLIV CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLIV CLO Ltd.
  By: Ares CLO Management II LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLV CLO Issuer Subsidiary Inc.
  By: Ares CLO Management II LLC, as Asset Manager to Ares XLV CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLV CLO Ltd.
  By: Ares CLO Management II LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory

 

 

 

 

  Ares XLVI CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XLVI CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLVI CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLVII CLO Tax Subsidiary Inc.
  By: Ares CLO Management II LLC, as Asset Manager to Ares XLVII CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLVII CLO Ltd.
  By: Ares CLO Management II LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLVIII CLO Tax Subsidiary Inc.
  By: Ares CLO Management II LLC, as Asset Manager to Ares XLVIII CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLVIII CLO Ltd.
  By: Ares CLO Management II LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLIX CLO Tax Subsidiary Inc.
  By: Ares CLO Management LLC, as Asset Manager to Ares XLIX CLO Ltd.
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares XLIX CLO Ltd.
  By: Ares CLO Management LLC, as Asset Manager
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares Management LLC
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory

 

 

 

 

  Ares Management Holdings L.P.
     
  By: Ares Holdco LLC
  Its: General Partner
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares Holdco LLC
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares Management Corporation
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares Management GP LLC
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
     
  Ares Voting LLC
   
  By: Ares Partners Holdco LLC
  Its: Sole Member
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory
   
  Ares Partners Holdco LLC
     
  Signed: /s/ Naseem Sagati Aghili
  Name: Naseem Sagati Aghili
  Title: Authorized Signatory

 

 

 

 

LIST OF EXHIBITS

 

Exhibit No.   Description
     
99.1   Joint Filing Agreement, dated as of February 14, 2022, by and among the Reporting Persons.