Articles from Antares Capital

Antares Capital and Ares Management Corporation (“Ares”) (NYSE: ARES) today announced the closing of Antares’ first continuation vehicle with over $1.2 billion in commitments. The transaction was led by Ares Credit Secondaries funds, along with a commitment from Antares.

Antares Capital ("Antares Capital"), an alternative credit manager with approximately $80 billion* in capital under management and administration, today announced that Antares Private Credit Fund ("ABDC" or the "Fund"), a public, non-traded business development company (BDC), has launched with more than $1.4 billion in investable capital. New and existing global investors in the Fund include insurance companies, banks, family offices and pension plans, and Antares’ majority owner, Canada Pension Plan Investment Board (CPP Investments).

Antares Capital (“Antares”), a leading alternative credit manager with approximately $80 billion in capital under management and administration, today announced the appointment of Olga Kosters as Managing Director, Head of Credit Secondaries.

Antares Capital (“Antares”) today announced the appointment of Neil Siegel as Chief Marketing Officer (CMO), effective immediately.

Antares Capital (“Antares”), a leading alternative asset manager with $68+ billion in capital under management and administration, today released its inaugural Credit Market Outlook Survey, which found that a majority of respondents expect healthy organic revenue growth, less stress across their portfolios and a pick-up in M&A activity in the second half of 2024.

Antares Capital (“Antares”), a leading alternative asset manager with $68+ billion in assets under management and administration, today announced the closing of the firm’s third broadly syndicated loan (“BSL”) collateralized loan obligation (“CLO”), Orion CLO 2024-3, totaling $400 million.

Antares Capital (“Antares”), a leading alternative asset manager with more than $69B in capital under management and administration, today announced three new senior hires to support the expansion of the firm’s private wealth strategy.

Antares Capital (“Antares”), a leading alternative asset manager with $67B+ in capital under management and administration, today announced that Jack Snyder has joined the firm as Managing Director, Head of U.S. Wealth Distribution.

Antares Capital (“Antares”), a leading alternative asset manager with $64B+ in assets under management, today announced the closing of the firm’s inaugural broadly syndicated loan (“BSL”) collateralized loan obligation (“CLO”), Orion CLO 2023-1, totaling $450 million. The close comes on the heels of three recent new senior hires to the firm’s New York-based Liquid Credit team, underscoring the firm’s continued growth in the space.

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.

Antares Capital (“Antares”) announced today that Sheila Brown has joined the firm as Managing Director, Head of UK/Europe Investor Coverage within Antares’ Asset Management Group. Ms. Brown will be based in the UK, representing the firm’s first employee outside of North America, where she will cover UK and European investors interested in direct lending and liquid credit strategies.

Antares Capital (“Antares”) announced today that Andrew Stern has joined the firm as managing director, where he serves as a portfolio manager and trader for the firm’s Liquid Credit strategy. He also is a member of the firm’s Liquid Credit Investment Committee.

Antares Capital (“Antares”) announced today that Mary (Gaede) Rose has been appointed Head of Responsible Investment Strategy, effective January 2023. Ms. Rose is based in Los Angeles and reports to Tyler Lindblad, Chief Investment Officer for Antares.

Antares Capital (“Antares”) announced today that Seth Katzenstein has joined the firm as Managing Director and Head of Broadly Syndicated Loans to build the firm’s broadly syndicated loan (“BSL”) business. Mr. Katzenstein will be based in New York and report to Vivek Mathew, Head of Asset Management.

Antares today announced record 2021 performance supporting the growth and refinancing initiatives of new and existing borrowers within the healthcare and technology sectors.

Antares today announced a record year for the firm closing more than 360 transactions in 2021 and issuing nearly $31 billion in financing commitments to middle market private equity-backed companies. The firm also grew its capital under management and administration (CUMA) to more than $50 billion*. Unitranche commitments of approximately $10 billion for the year were at a record high, more than doubling the firm’s unitranche assets versus year end 2020.

Antares Capital, a private debt credit manager with more than $45.4 billion of capital under management and administration, announced today that Monica Kelsey has joined the firm as Chief Financial Officer and Benjamin Concessi will join as Head of Strategy and Corporate Development, a new role.

Antares announced today that it served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Community Medical Services (CMS) by FFL Partners and Two Sigma Impact.

Antares Capital (“Antares” or “the firm”), a private debt credit manager with $42.9 billion of capital under management and administration, today announced that Timothy Lyne, founding partner and current Chief Operating Officer (COO), will succeed David Brackett as Chief Executive Officer (CEO). Brackett announced that he will be retiring from his role as CEO on December 31, 2021, and will remain with Antares in an advisory capacity.

Antares announced today that it served as sole lead arranger and is acting as administrative agent on senior secured credit facilities for NearU Services (“NearU”), a SkyKnight Capital portfolio company. The funds are being used to refinance an existing credit facility and to support NearU’s footprint expansion across North America.

Antares Capital, a private debt credit manager with more than $30 billion of capital under management and administration, announced today that Jeffrey Stammen will join the firm as Managing Director, Head of Investor Coverage in Asset Management.