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Last updated: 18 March 2022 at 5:04pm EST

Bruce Spector Net Worth




The estimated Net Worth of Bruce H Spector is at least $538 Thousand dollars as of 17 March 2022. Mr. Spector owns over 10,000 units of Ares Dynamic Credit Allocation Fund Inc stock worth over $537,950 and over the last 11 years he sold ARDC stock worth over $0. In addition, he makes $0 as Lead Independent Director at Ares Dynamic Credit Allocation Fund Inc.

Mr. Spector ARDC stock SEC Form 4 insiders trading

Bruce has made over 4 trades of the Ares Dynamic Credit Allocation Fund Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of ARDC stock worth $141,800 on 17 March 2022.

The largest trade he's ever made was buying 10,000 units of Ares Dynamic Credit Allocation Fund Inc stock on 17 March 2022 worth over $141,800. On average, Bruce trades about 5,544 units every 583 days since 2014. As of 17 March 2022 he still owns at least 35,000 units of Ares Dynamic Credit Allocation Fund Inc stock.

You can see the complete history of Mr. Spector stock trades at the bottom of the page.





Bruce Spector biography

Bruce H. Spector serves as Lead Independent Director of the Company. Mr. Spector is an independent consultant. In addition to serving as an Independent Director and chairman of the Nominating and Governance Committee of ARDC, Mr. Spector serves as an independent trustee and chairman of the Nominating and Governance Committee of CADC. From 2007 to 2015, Mr. Spector was available to serve as a senior advisor at Apollo Global Management, LLC (f/k/a Apollo Management, L.P.) in the area of development of strategy and tactics in corporate restructuring. From 1992 to 2007, Mr. Spector was a partner at Apollo. In this position Mr. Spector led or was a key member of deal teams in purchasing a number of companies, participating in the management of those companies as a member of their board of directors, and ultimately playing a leadership role in managing the sale of Apollo's ownership interest in each company. From 1967 to 1992, Mr. Spector was an attorney at the law firm of Stutman, Treister & Glatt, spending a substantial amount of that time as senior partner and head of the firm's executive committee. Mr. Spector's practice at Stutman, Treister & Glatt specialized in restructurings, insolvency reorganizations and related bankruptcy matters. Mr. Spector received his B.A. from the University of Southern California where he graduated magna cum laude in 1964 and holds a Juris Doctor from University of California at Los Angeles where he graduated summa cum laude in 1967.



How old is Bruce Spector?

Bruce Spector is 78, he's been the Lead Independent Director of Ares Dynamic Credit Allocation Fund Inc since 2016. There are no older and 20 younger executives at Ares Dynamic Credit Allocation Fund Inc.

What's Bruce Spector's mailing address?

Bruce's mailing address filed with the SEC is 2000 AVENUE OF THE STARS,, 12TH FLOOR, LOS ANGELES, CA, 90067.

Insiders trading at Ares Dynamic Credit Allocation Fund Inc

Over the last 12 years, insiders at Ares Dynamic Credit Allocation Fund Inc have traded over $869,586 worth of Ares Dynamic Credit Allocation Fund Inc stock and bought 1,124,820 units worth $24,576,446 . The most active insiders traders include Antony P Ressler, Life Assurance Co Of Canada..., and David A Sachs. On average, Ares Dynamic Credit Allocation Fund Inc executives and independent directors trade stock every 82 days with the average trade being worth of $358,090. The most recent stock trade was executed by John Joseph Shaw on 23 May 2024, trading 20,000 units of ARDC stock currently worth $282,200.



What does Ares Dynamic Credit Allocation Fund Inc do?

ares dynamic credit allocation fund, inc. is a closed-ended fixed income mutual fund launched by ares management llc. the fund is managed by ares capital management ii llc. it invests in the fixed income markets of europe. the fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by clos, and other fixed-income instruments. it focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. ares dynamic credit allocation fund, inc. was formed on november 27, 2012 and is domiciled in the united states.



What does Ares Dynamic Credit Allocation Fund Inc's logo look like?

Ares Dynamic Credit Allocation Fund Inc logo

Complete history of Mr. Spector stock trades at Ares Dynamic Credit Allocation Fund Inc

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
17 Mar 2022 ARDC Ares Dynamic Credit Allocation Fund Inc Bruce H Spector
Director
 Buy 10,000 $14.18 $141,800
17 Mar 2022
35,000 ↗
24 Dec 2018 ARDC Ares Dynamic Credit Allocation Fund Inc Bruce H Spector
Director
 Buy 10,000 $13.30 $133,000
24 Dec 2018
25,000 ↗
26 Sep 2018 ARDC Ares Dynamic Credit Allocation Fund Inc Bruce H Spector
Director
 Buy 3,720 $15.63 $58,144
26 Sep 2018
15,000 ↗
24 Mar 2014 ARDC Ares Dynamic Credit Allocation Fund Inc Bruce H Spector
Director
 Buy 4,000 $18.35 $73,400
24 Mar 2014
4,000 ↗


Ares Dynamic Credit Allocation Fund Inc executives and stock owners

Ares Dynamic Credit Allocation Fund Inc executives and other stock owners filed with the SEC include: