First Trust Capital Management L.P. - 31 Mar 2025 SCHEDULE 13G/A Report for Ares Acquisition Corp II Class A Ordinary Shares, par value $0.0001 per share (AACT)

Filing Manager: First Trust Capital Management L.P.
Reporting Manager: First Trust Capital Management L.P.
Security: Ares Acquisition Corp II Class A Ordinary Shares, par value $0.0001 per share
Symbol: AACT
Shares outstanding: 50,055,808 shares
Disclosed Ownership: 1,982,210 shares
Ownership: 4%
Form type: SCHEDULE 13G/A
Filing time: 15 May 2025, 19:14:55 UTC
Date of event: 31 Mar 2025
SEC: View on sec.gov

Reporting Managers (4)

Name	Ownership	Shares Owned	sole voting power	Signature	Title
First Trust Merger Arbitrage Fund	3.7%	1,830,891	1,830,891	/s/ Joy Ausili	Trustee, Vice President and Assistant Secretary
First Trust Capital Management L.P.	4%	1,982,210	1,982,210	/s/ Chad Eisenberg	Chief Operating Officer
First Trust Capital Solutions L.P.	4%	1,982,210	1,982,210	/s/ Chad Eisenberg	Chief Operating Officer
FTCS Sub GP LLC	4%	1,982,210	1,982,210	/s/ Chad Eisenberg	Chief Operating Officer