Antares Capital has launched Antares Private Credit Fund (ABDC), a public, non-traded business development company (BDC), 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).
ABDC seeks to offer investors an opportunity to generate current income and attractive risk-adjusted returns. The fund invests primarily in senior secured floating-rate loans to private equity-owned, U.S. middle-market companies. ABDC is managed by Antares Capital Credit Advisers LLC and will be available through financial advisors across the United States, once all state registrations are complete.
“High-net-worth investors are seeking better diversification and attractive risk-adjusted returns, and we’re thrilled to expand access to our cycle-tested credit platform,” said Vivek Mathew, CEO an
