Antares Capital Closes $6 Billion Senior Loan Fund II
CHICAGO — Antares Capital (“Antares”) today announced the closing of its second Senior Loan Fund (“SLF II” or the “Fund”), with approximately $6 billion of asset purchasing power across all Fund related vehicles, including a dedicated co-investment vehicle.
As one of the longest tenured providers of private debt financing in North America, the Fund will leverage Antares’ existing private credit platform and sponsor relationships to build a diverse portfolio of sponsor-backed senior secured loans to U.S. and Canadian borrowers.
Investors in SLF II primarily include public and private pensions, insurance companies, asset managers and banks across over 50 institutions globally. Over 75 percent of the SLF II asset purchasing power came from institutions that have previously invested with Antares, signaling that investors continue to turn to Antares for a strong pipeline of attractive investment opportunities.
“We believe that the demand we experienced from investors as part of this fundraise demonstrates the effectiveness of our time-tested approach,” said Vivek Mathew, Head of Asset Management. “In today’s market environment, investors are increasingly selective in their choice of private debt fund managers, so we greatly appreciate the continued vote of confidence from our global investor base.”
“We are thrilled with both the total funds raised and the mix of new and existing investors from across the globe,” said Timothy Lyne, CEO of Antares Capital. “We are pleased to continue offering investors the opportunity to diversify their portfolios through access to our originated loans, which we believe can offer attractive risk-adjusted returns.”
About Antares Capital
With more than $61 billion of capital under management and administration as of March 31, 2023, Antares is a private credit manager and a leading provider of financing and investment solutions for private equity-backed borrowers and investors. Since its founding in 1996, Antares has built one of the industry’s largest and longest-tenured portfolios of middle market companies and has been recognized by industry organizations as a leading provider of private debt. Through its Asset Management & Funding team, Antares offers investors the opportunity to invest in collateralized loan obligations, funds and separately managed accounts. The company maintains offices in Atlanta, Chicago, Los Angeles, New York and Toronto. Visit Antares at www.antares.com or follow the company on LinkedIn at http://www.linkedin.com/company/antares-capital-lp. Antares Capital is a subsidiary of Antares Holdings LP, (collectively, “Antares”).
Contacts
Allison Perkins
+1 (203) 970-9907
allison.perkins@antares.com