Antares Closes $1.2B Private Credit CV Led by Ares

Antares Capital has closed Antares’ first continuation vehicle with over $1.2 billion in commitments.

The continuation vehicle was established to purchase assets and limited partner interests from two comingled private credit funds comprising over 100 underlying first lien, floating rate loans originated and managed by Antares. The transaction was led by Ares Credit Secondaries funds, along with a commitment from Antares.

Evercore served as financial advisor on the transaction.