Antares Private Credit Fund Launches with More Than $1.4 Billion in Investable Capital

Antares launched ABDC, a public non-traded private credit BDC, with more than $1.4 billion of investable capital. Antares Capital Credit Advisers LLC manages the fund, which invests mainly in senior secured floating-rate loans to private equity-backed U.S. middle-market borrowers. Disclosed participating investor groups included insurance companies, banks, family offices, pension plans and CPP Investments, the Antares majority owner. Vivek Mathew was identified as CEO and president of ABDC. Investable capital is not the same as investor paid-in capital, final fundraising proceeds, fund net assets, or group total AUM.