Ares Management LLC and affiliated entities filed a Form 4 on October 27, 2026, disclosing two open-market purchases of Claritev Corp Class A Common Stock totaling 70,834 shares across transactions on October 23 and October 26, 2026.

Key Highlights

  • First purchase: 50,000 shares of Claritev Corp Class A Common Stock acquired on October 23, 2026, at $23.5328 per share (transaction code P).
  • Second purchase: 20,834 shares acquired on October 26, 2026, at $24.0696 per share (transaction code P).
  • Post-transaction ownership: Following the October 26 purchase, the reporting persons beneficially owned 1,933,939 shares of Class A Common Stock, held indirectly.
  • Reporting persons: Ares Management LLC, ASOF II Holdings I, L.P., ASOF II A (DE) Holdings I, L.P., and ASOF III Holdings I LP are listed as co-filers, each identified as a 10% owner.
  • Share breakdown: According to the filing, the total includes 1,578,588 shares held by ASOF II Holdings I, L.P., 284,517 shares held by ASOF II A (DE) Holdings I, L.P., and 70,834 shares held by ASOF III Holdings I LP.
  • Issuer ticker: Claritev Corp trades under CTEV, as listed on the filing cover (exchange notation: NYSE:CTEV).

Ares Management LLC Discloses Two Claritev Purchases Totaling 70,834 Shares

According to the Form 4 filed on October 27, 2026, Ares Management LLC and three affiliated limited partnerships reported purchases of Claritev Corp (NYSE:CTEV) Class A Common Stock on October 23 and October 26, 2026. The first transaction involved 50,000 shares acquired at a price of $23.5328 per share, bringing the group's beneficially owned total to 1,913,105 shares. The second transaction, dated October 26, 2026, added 20,834 shares at $24.0696 per share, raising the post-transaction beneficial ownership to 1,933,939 shares. Both transactions carry transaction code P, indicating open-market purchases. All shares are held indirectly.

The filing identifies the Ares Holders as ASOF II Holdings I, L.P., ASOF II A (DE) Holdings I, L.P., and ASOF III Holdings I LP, each managed by ASOF Investment Management LLC, which is itself a sole member subsidiary of Ares Management LLC. The filing further discloses a chain of control: Ares Management LLC is the sole member of ASOF Investment Management LLC, and Ares Management LLC is itself controlled through Ares Management Holdings L.P., Ares Holdco LLC, and ultimately Ares Management Corporation. According to the filing, "each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them."

The filing notes that Ares Partners Holdco LLC is managed by a board of managers composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler, and Bennett Rosenthal, and that "Mr. Ressler generally has veto authority over the Board Members' decisions." Each of these individuals, the filing states, disclaims beneficial ownership of securities that may be deemed beneficially owned by Ares Partners. Separate Form 4s were filed by additional affiliated entities due to limitations of the electronic filing system.

What Was Disclosed

Ares Management LLC and affiliated funds reported two purchases of Claritev Corp Class A Common Stock on October 23 and October 26, 2026, totaling 70,834 shares at prices of $23.5328 and $24.0696, respectively, resulting in indirect beneficial ownership of 1,933,939 shares.