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Operator Good morning, everyone, and welcome to Sculptor Capital s fourth-quarter and full-year 2020 earnings call. [Operator instructions] As a reminder, this conference is being recorded. I will now read the following remarks on behalf of the company. Today s call contains forward-looking statements, many of which are inherently uncertain and outside of the company s control, and actual results may differ, possibly materially from those indicated in these forward-looking statements. Please refer to the company s most recent SEC filings for a description of the risk factors that could affect its financial results, its businesses and other matters related to these statements. The company does not undertake any obligation to publicly update any forward-looking statements. During the call, the company will be referring to economic income, distributable earnings, and other financial measures that are not prepared in accordance with U.S. GAAP. ....
Operator Good day, and welcome to Ares Management Corporation s Fourth Quarter and Year End 2020 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded on Thursday 11, 2021. I will now turn the call over to Carl Drake, Head of Public Company Investor Relations for Ares Management. Please go ahead. Carl Drake Partner, Head of Public Investor Relations and Communications Good afternoon, and thank you for joining us today for our fourth quarter and 2020 year end conference call. I m joined today by Michael Arougheti, our Chief Executive Officer and Michael McFerran, our Chief Operating Officer and Chief Financial Officer. In addition, Bennett Rosenthal, Co-Chairman of our Private Equity Group, Kipp deVeer, Head of our Credit Group, Bill Benjamin, Head of our Real Estate Group, Scott Graves, Co-Head of our Private Equity Group and Blair Jacobson Co-Head of European Credit will also be available for the question-and-an ....
Operator Ladies and gentlemen, thank you for standing by, and welcome to the Carlyle Group Fourth Quarter 2020 Earnings Call. [Operator Instructions] I would now like to introduce your host for today, Mr. Daniel Harris, you may begin. Daniel F. Harris Managing Director and Head of Public Investor Relations Thank you, Kevin. Good morning, and welcome to Carlyle s Fourth Quarter and Full year 2020 Earnings Call. With me on the call is our Chief Executive Officer, Kewsong Lee; and our Chief Financial Officer, Curt Buser. This call is being webcast, and a replay will be available on our website. We will refer to certain non-GAAP financial measures during today s call. ....