{"url_path":"/sec/cik-0002031750/10-q/2026/item-1a","section_key":"item-1a","section_title":"Item 1A Risk Factors","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2031750/0002031750-26-000032-index.html","accession_number":"0002031750-26-000032","cik":"0002031750","ticker":null,"issuer_name":"Ares Core Infrastructure Fund","edgar_url":"https://www.sec.gov/Archives/edgar/data/2031750/0002031750-26-000032-index.html","primary_entity_key":"0002031750","primary_entity_name":"Ares Core Infrastructure Fund"},"word_count":390,"has_tables":true,"body_markdown":"Item 1A. Risk Factors\n\nIn addition to the other information set forth in this Quarterly Report, you should carefully consider the risk factors described under the caption “Risk Factors” in our Annual Report, which could materially affect our business, financial condition and/or operating results. The risks described in our Annual Report are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results.\n\nIf we have been, are, or become, a U.S. real property holding corporation, non-U.S. holders of our Shares could be subject to U.S. federal income tax on the gain from the sale, exchange or other disposition of such Shares.\n\nIf we are, become or, in the preceding five year period, have been a U.S. real property holding corporation (“USRPHC”) under the Foreign Investment in Real Property Tax Act of 1980 and applicable United States Treasury regulations (the “FIRPTA Rules”), unless an exception applies, certain non-U.S. investors in our Shares would be subject to U.S. federal income tax on the gain from the sale, exchange or other disposition of such Shares, which includes gain from any liquidating distributions or from any non-liquidating distributions in excess of our accumulated earnings and profits and in excess of any such non-U.S. investor's basis in its Shares. In such an instance, a non-U.S. shareholder would be required to file a United States federal income tax return. In addition, a purchaser of such Shares or, with respect to liquidating or non-liquidating distributions described above, we would be required to withhold a portion of the purchase price (or distribution, as applicable) and remit such amount to the U.S. Internal Revenue Service.\n\nIn general, under the FIRPTA Rules, a company is a USRPHC if its interests in U.S. real property comprise, or have ever comprised in the last five years, at least 50% of the fair market value of its assets. Although we do not currently believe that we are (or for the past five years, have been) a USRPHC, we are not able to predict with certainty whether or not we will become (or remain) a USRPHC. Any of our shareholders that are non-U.S. persons should consult their tax advisors to determine the consequences of investing in our Shares."}