The Power of Core Infrastructure in Energy.

Energy infrastructure encompasses the essential physical systems that generate, transmit, and distribute power. These assets form the backbone of modern economies and are characterised by features that make them particularly attractive to long-term investors.

• Essential service demand. Energy is a non-discretionary necessity. Demand for power remains resilient across economic cycles, underpinning cash flow stability even during periods of broader market stress.
• Contracted revenue streams. Core infrastructure assets typically operate under long-term contracts or regulated rate frameworks, providing predictable revenue visibility that extends years into the future.
• Built-in inflation protection. Many energy infrastructure contracts include escalation clauses tied to inflation indices, helping preserve the real purchasing power of investor distributions over time.
• Attractive income generation. Stable, high-quality cash flows from regulated or contracted assets translate into consistent distribution potential — a key driver for income-oriented investors.

The global energy landscape is undergoing a historic transformation. As economies decarbonise and electrify, trillions of dollars in investment are flowing into new and existing energy infrastructure assets — creating a multi-decade tailwind for the sector.

Ares Core Infrastructure Fund (“ACI”) provides investors access to a portfolio of stable, operating infrastructure assets and primarily seeks to generate attractive, tax-advantaged current income in a perpetual, semi-liquid structure.

The Fund focuses on equity, and to a lesser extent debt, investments in infrastructure companies and assets — with a primary focus on assets that produce revenues and cash flows governed by rate regulation or long-term contracts with creditworthy counterparties such as governments, municipalities, and major industrial companies.

ACI leverages the entire Ares Infrastructure platform for sourcing and origination, enabling the Fund to be highly selective and drive terms.

ACI targets infrastructure assets with strong credit characteristics — combining high revenue visibility with institutional-grade counterparties.

Class I — YTD return

1.18%

Class I — Annualised ITD return

7.30%

Class I — Annualised distribution yield

9.63%

Class I — NAV (ACC)

$1,011.82

Class A — YTD return

1.04%

Class A — Annualised ITD return

6.40%

Class A — Annualised distribution yield

8.78%

Class A — NAV (ACC)

$1,010.39

Structure

Perpetual-life non-traded BDC

Subscriptions

Monthly

Minimum commitment

$50,000

Expected liquidity

Quarterly repurchases at NAV

Management fee

1.25% per annum

Client eligibility

Non-U.S. investors