Ares Sports, Media & Entertainment Opportunities LP

CIK:0002046946|SEC Filings

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		7 Months Ended	9 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2025	Jun. 30, 2026
INVESTMENT INCOME:
Interest	$ 8,263	$ 129	$ 169	$ 19,734
Dividend	2,560	388	733	8,083
Total investment income	10,823	517	902	27,817
EXPENSES:
Interest expense and credit facility fees	197	2,286	4,768	975
Organizational expenses	0	595	1,395	205
Offering expenses	191	1,526	1,526	684
Management fee	2,527	123	123	6,301
Performance participation allocation	1,622	105	105	7,047
Administrative and other fees	500	0	0	1,245
Other general and administrative	660	1,107	1,176	2,151
Total expenses	5,697	5,742	9,093	18,608
Waiver of management fee	0	(123)	(123)	(1,660)
Waiver of performance participation allocation	0	(105)	(105)	(855)
Total expenses, net of waiver of performance participation allocation and management fee	5,697	5,514	8,865	16,093
Net investment income (loss)	5,126	(4,997)	(7,963)	11,724
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS, FOREIGN CURRENCY AND DERIVATIVE CONTRACTS:
Net realized gains (losses) on investments	163	0	(6)	4,837
Net realized gains (losses) on foreign currency	239	(723)	(796)	55
Net unrealized gains on investments	5,340	2,120	3,970	36,610
Net unrealized gains (losses) on foreign currency	(380)	283	0	(59)
Net unrealized gains (losses) on derivative contracts	(418)	(270)	(270)	238
Net change in deferred tax liabilities	(1,670)	0	0	(8,743)
Net realized and unrealized gains (losses) on investment, foreign currency and derivative contracts	3,274	1,410	2,898	32,938
Net increase (decrease) in net assets resulting from operations	$ 8,400	$ (3,587)	$ (5,065)	$ 44,662

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	7 Months Ended	9 Months Ended
	Jun. 30, 2025	Jun. 30, 2026
OPERATING ACTIVITIES:
Net increase (decrease) in net assets resulting from operations	$ (5,065)	$ 44,662
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:
Payment-in-kind interest income	0	(524)
Payment-in-kind dividend income	(230)	(3,975)
Amortization of debt issuance costs	682	784
Net accretion of discount on investments	2	(305)
Net realized (gains) losses on investments	6	(4,837)
Net unrealized gains on investments	(3,970)	(36,610)
Net unrealized gains (losses) on derivative contracts	270	(238)
Purchase of investments	(171,144)	(562,602)
Proceeds from repayments or sales of investments	399	117,503
Changes in operating assets and liabilities:
Dividend receivable	(677)	0
Other assets	0	(89)
Accrued interest receivable	(79)	(1,202)
Accrued expenses and other liabilities	1,289	4,151
Due to Manager	0	(479)
Deferred tax liabilities	0	7,955
Offering cost expense payable	1,526	0
Servicing fees payable	1,570	269
Organizational expense payable	1,374	0
Interest payable	260	(366)
Management fee payable	0	869
Performance participation allocation payable	0	1,622
Net cash used in operating activities	(173,787)	(433,412)
FINANCING ACTIVITIES:
Proceeds from issuance of units	144,275	444,223
Redeemed units, net of early redemption deduction	0	(1,182)
Servicing fees	(1,570)	(2,550)
Borrowings on debt	155,979	17,000
Repayments on debt	(121,164)	(41,000)
Debt issuance costs	(1,260)	(2,508)
Net cash provided by financing activities	176,260	413,983
CHANGE IN CASH	2,473	(19,429)
CASH, BEGINNING OF PERIOD	0	77,783
CASH, END OF PERIOD	2,473	58,354
Supplemental information:
Interest paid during the period	3,847	514
Supplemental disclosure of non cash financing activities:
Estimated servicing fees	$ 1,536	$ 14,604