Edition:
United States

Summary

Name Age Since Current Position

David Sachs

56 2012 Chairman of the Board

Seth Brufsky

48 2012 President, Chief Executive Officer, Director

Penni Roll

2016 Chief Financial Officer

Anthony Dell

48 2012 Chief Compliance Officer

Daniel Hall

36 2012 General Counsel, Secretary, Chief Legal Officer

Sunny Parmar

42 2012 Treasurer

James Hunt

64 2016 Director

Bruce Spector

72 2014 Director

John Shaw

63 2012 Independent Director

Biographies

Name Description

David Sachs

Mr. David A. Sachs is Chairman of the Board of Ares Dynamic Credit Allocation Fund Inc. Mr. Sachs is a Senior Advisor in the Ares Capital Markets Group, is a Senior Partner of Ares and serves on the Management Committee of Ares. Mr. Sachs serves as an Investment Committee member on all Ares Management funds. From 1994 to 1997, Mr. Sachs was a principal of Onyx Partners, Inc. specializing in merchant banking and related capital raising activities in the private equity and mezzanine debt markets. From 1990 to 1994, Mr. Sachs was employed by Taylor & Co., an investment manager providing investment advisory and consulting services to members of Fort Worth, Texas. From 1984 to 1990, Mr. Sachs was with Columbia Savings and Loan Association, most recently as Executive Vice President, responsible for all asset-liability management as well as running the Investment Management Department. Mr. Sachs serves on the Board of Directors of Terex Corporation. Mr. Sachs serves on the McCormick Advisory Council at Northwestern University. Mr. Sachs graduated from Northwestern University with a BS in Industrial Engineering and Management Science.

Seth Brufsky

Mr. Seth J. Brufsky is President, Chief Executive Officer, Director of Ares Dynamic Credit Allocation Fund Inc. Mr. Brufsky is a Portfolio Manager in the Ares Capital Markets Group and a founding member of Ares. Mr. Brufsky is a Senior Partner of Ares, serves on Ares' Management Committee and is an Investment Committee member on all Ares Capital Markets Group Funds. Mr. Brufsky joined Ares in 1998 from the Corporate Strategy and Research Group of Merrill Lynch & Co., where he specialized in analyzing and marketing non-investment grade securities and was acknowledged by Institutional Investor as a member of the top-ranked credit analyst team each year of his tenure. Prior to joining Merrill Lynch, Mr. Brufsky was a member of the Institutional Sales and Trading Group of the Global Fixed Income Division at Union Bank of Switzerland. Mr. Brufsky serves on the Board of Directors of the Luminescence Foundation, a charitable giving organization. Mr. Brufsky graduated from Cornell University with a BS in Applied Economics and Business Management and received his MBA in Finance with honors from the University of Southern California's Marshall School of Business, where he was awarded the Glassick Scholarship for academic achievement.

Penni Roll

Ms. Penni Roll is Chief Financial Officer of the Company. Ms. Roll is a Partner and the Chief Financial Officer of the Ares Credit Group and additionally serves as a member of the Ares Enterprise Risk Committee. Ms. Roll joined Ares Management in April 2010 as part of the Allied Capital acquisition, where she served as Chief Financial Officer from 1998 until April 2010.

Anthony Dell

Mr. Anthony S. Dell is Chief Compliance Officer of Ares Dynamic Credit Allocation Fund Inc. Mr. Dell is the Chief Compliance Officer of Ares. Between 2008 and 2011, he was the Chief Compliance Officer of Russell Investments. Between 2006 and 2008, he was a Vice President at Fidelity Investments.

Daniel Hall

Mr. Daniel J. Hall is General Counsel, Secretary, Chief Legal Officer of Ares Dynamic Credit Allocation Fund Inc. Mr. Hall is the Senior Associate General Counsel for Ares. Between 2004 and 2009, Mr. Hall was an associate at Clifford Chance LLP where he specialized in capital markets, structured finance and derivatives.

Sunny Parmar

Mr. Sunny Parmar is Treasurer of Ares Dynamic Credit Allocation Fund Inc. Mr. Parmar is the Chief Accounting Officer of the Private Equity and Capital Markets groups of Ares. From 2007 to 2011, Mr. Parmar was the Controller at H.I.G. Capital Partners, a private equity firm.

James Hunt

Mr. James Kelso Hunt serves as Director of the Company. Mr. Hunt is an independent consultant and investor. Mr. Hunt has significant experience as an investment principal focusing on high yield debt. Mr. Hunt most recently was the Managing Partner and CEO of the Middle Market Credit platform at Kayne Anderson Capital Advisors LLC. Previously, Mr. Hunt was the founding Chairman, CEO and Chief Investment Officer of THL Credit, Inc., a business development company, and THL Credit Advisors LLC, an investment manager of direct lending and tradable credit strategies. Mr. Hunt served as the President of SunAmerica Corporate Finance and as an Executive Vice President of SunAmerica Investments, Inc., with responsibility for high-yielding investments including CLO management, private placements, acquisition financing, term loans and portfolio purchases, structured finance and specialty finance corporate acquisitions. Mr. Hunt joined SunAmerica from Davis Companies, a private investment firm. Prior to that, Mr. Hunt worked at Citicorp/Citibank, where he held a variety of leveraged lending, credit and finance positions, culminating in the role of Senior Credit Officer and Vice President/Area Head for the Far West U.S. leveraged lending group. Mr. Hunt currently serves as lead independent director on the board of directors of PennyMac Financial Services, Inc. and as lead independent director on the board of directors of Hunt Companies, Inc. He is also currently on the boards of directors of the National Forest Foundation and the Jackson Hole Historical Society & Museum. He has previously served on the boards of directors of several public and private companies. Mr. Hunt holds a B.B.A. in economics from the University of Texas at El Paso and an M.B.A. in finance and accounting from the University of Pennsylvania's Wharton School.

Bruce Spector

John Shaw

Mr. John J. Shaw is Independent Director of Ares Dynamic Credit Allocation Fund Inc. Mr. Shaw is an independent consultant. From 1995 to 2011, he was the President of the St. Louis Rams. Mr. Shaw joined the St. Louis Rams organization in 1980 acting first as Vice-President Finance, Controller/Treasurer from 1980 to 1982 and acting as Executive Vice-President from 1982 to 1995. Prior to joining the St. Louis Rams, Mr. Shaw worked for Arthur Anderson & Co. as a tax adviser from 1977 to 1980. Between 1985 and 2008, Mr. Shaw was a member of the executive committee of the NFL Management Council and has served as a member of the NFL Finance Committee as an executive committee member of NFL Properties. Mr. Shaw received his BS from the University of San Diego in 1973 where he graduated as valedictorian of his class and his Juris Doctor from New York University School of Law in 1976.