About Us
A cycle-tested alternative credit platform built on experience, consistency, and long-term relationships.
Three Decades of Credit Leadership
Antares Capital is a leading alternative credit manager with 30 years of experience. Backed by The Canadian Pension Plan Investment Board or “CPPIB”, one of the world’s leading pension funds, we combine scale, focus, and discipline through market cycles, delivering trusted credit solutions across core private credit, liquid credit, and liquidity solutions for global investors, sponsors, and borrowers.
The Antares Advantage
Scale
Our platform provides access to a high volume of opportunities, allowing us to be selective and lead transactions with sponsors we know well. That selectivity supports consistency in origination and diversity in portfolio construction.
Experience
Three decades of private credit investing across cycles inform how we underwrite risk and manage portfolios. Our experience is embedded in our process, from initial screening through active credit management.
Alignment
Antares takes meaningful principal risk alongside our investors. We actively seek opportunities within our asset class, with an emphasis on capturing relative value. We are not asset gatherers; rather, we are true co-investors1 focused on delivering attractive risk-adjusted returns for our investors.
~$ 90 B
Capital Under
Management & Administration2
~$ 21 B
Average Annual
Originations Volume
400 +
Relationships with
Private Equity Sponsors
90 %+
Deals as
Lead Lender3
Milestones
Three Decades Shaping Private Credit
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1996
Twelve deal professionals from Heller Financial create Antares Capital, a dedicated middle-market lending platform.
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2005
To expand its middle-market lending platform, GE Capital acquires Antares Capital and retains the Antares brand, reflecting the strength of the franchise.
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2008
GE Capital acquires Merrill Lynch Capital, strengthening its focus on private equity sponsor financing.
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2015
CPPIB acquires GE’s sponsor finance business, including Antares Capital, marking its largest single investment at the time.
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2016
Northleaf Capital Partners acquires a minority stake, forming a strategic partnership to support the continued development of the asset management platform.
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2017
Antares issues its first CLO, the largest U.S. CLO issued since 2006, marking an expansion into structured credit and capital markets capabilities.
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2020
Senior Loan Fund I launches, expanding investor access to Antares’ private credit strategy, closing with approximately $3B in commitments.
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2021
Becomes a signatory to the Principles for Responsible Investment (PRI), formalizing its approach to responsible investment.
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2023
Liquid Credit business launches, further extending capabilities into broadly syndicated loans.
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2023
Senior Loan Fund II closes with approximately $6B in commitments.
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2023
Expands investor coverage into the UK and Europe, broadening global distribution.
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2024
Launches a private wealth strategy, extending access to high-net-worth individuals.
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2024
Becomes a lead investor in Sconset Re, expanding into insurance solutions.
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2025
Launches ABDC, a public, non-traded private credit fund, with $1.4B+ in investible capital.
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2026
Antares celebrates 30 years of private credit leadership.
Investment Discipline
Originate to Invest. Built to Perform.
Antares was built from the ground up as a private credit lender. Over more than 30 years, that focus has scaled into an integrated platform—where breadth is a direct extension of our credit discipline. Our core strategy centers on first-lien, senior-secured, floating-rate loans to sponsor-backed companies in the core middle market. We are designed to deliver consistent income and downside protection across market cycles.
Our scale enables us to lead the vast majority of our investments—structuring terms, maintaining visibility, and acting decisively as conditions evolve. The result is portfolios built around our highest-conviction credits.
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- Consistent Income Across CyclesPrimarily first lien, senior secured, floating rate loans.
- SelectivityDeep sponsor relationships and a lead-lender vantage point give us the visibility and influence to shape terms and outcomes as a direct investor.
- Disciplined UnderwritingOur rigorous underwriting process emphasizes higher-quality, risk-rated “A” borrowers.
- DiversificationA scaled and diverse loan portfolio provides industry and counterparty diversity.
- Credit Advisory GroupAntares’ Credit Advisory Group maintains broad loan recovery capabilities with ability to maximize recoveries.
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- Private CreditDirectly originating and investing in senior secured loans to middle-market companies, supported by longstanding sponsor relationships, lead lender positions, and disciplined underwriting.
- Liquid CreditInvesting in syndicated loans and high yield bonds, applying Antares’ disciplined underwriting and platform insights to identify opportunity and manage risk across market cycles.
- Liquidity SolutionsProviding liquidity across private credit portfolios through LP- and GP-led transactions, applying disciplined structuring and credit expertise to address evolving investor needs.
Our Platform
Trusted Credit Solutions
We invest across private and liquid markets through an integrated platform, allowing us to evaluate relative value, allocate capital dynamically, and manage risk across strategies and through cycles.
Accolades
A Leading Position4
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2023, 2024, 2025#1 US Direct LenderLead or Co-Lead in Senior Deal -
2025#1 Lender (Add‑ons)Select Roles: Bookrunners, Lead Arrangers, Mandated Lead Arrangers, Agents -
2025Manager
CLOPrivate Credit CLO of the Year -
2023, 2024Best CLO Manager
Best CLO FinalistMiddle Market
Partner With Us
Delivering Value to our Partners
We aim to leverage our decades of experience, trusted sponsor relationships, and market-leading scale to provide credit solutions that create lasting value for all our partners.
Our Team
Meet Our Executive Committee
Our team brings decades of experience across credit investing, underwriting, and portfolio management, with a focus on disciplined execution across market cycles.
Doug Cannaliato
Co-Head of OriginationsNew York
Benjamin Concessi
Chief Financial OfficerToronto
Bruce Frank
Chief Legal OfficerChicago
Shannon Fritz
Deputy Chief Investment OfficerChicago
Eric Goldstein
Chief Risk OfficerNew York
Mike Hynes
Co-Head of OriginationsChicago
Tyler Lindblad
Chief Investment OfficerChicago
Timothy Lyne
Chief Executive OfficerChicago
Vivek Mathew
President of Antares Capital AdvisersNew York
Seth Painter
Head of Capital SolutionsNew York
Tracy Raben
Chief Human Resources OfficerChicago
Figures from 2016-2025, unless otherwise noted.
1 Please note, Antares does not hold shares in the Fund as of December 31, 2025, however the Antares Balance Sheet invests in the vast majority of the same investments as those held within the Fund’s Private Credit portfolio.
2 Capital under management & administration (CUMA) figure noted here relates to the Private Credit and Liquid Credit Strategies. includes, without duplication, Antares Holdings (an affiliated, non-discretionary portfolio, also referred to as the “Platform Balance Sheet”), third-party managed vehicles, and contract investor programs and is calculated as the sum of: (i) for CLOs and the Platform Balance Sheet, the sum of total outstanding principal balance of loans and loan commitments, equity-related investments, cash, restricted cash and cash equivalents; excludes CLO structured financings in place for accounts included in (iii) below; (ii) for BDCs, third-party net subscriptions and target operating leverage; (iii) for actively investing advised accounts and contract investor programs, the total equity commitments and, with respect to actively investing advised accounts, maximum leverage limits per the applicable limited partnership agreement or other governing document of such accounts; and (iv) for advised accounts or contract investor programs that are no longer investing, total outstanding principal balance of loans and loan commitments held by such vehicles. For purposes of the foregoing clauses (ii) and (iii), the target operating leverage and maximum leverage limits, respectively, included herein may be different from the actual amount of leverage applied in the case of any given account. Contract investor programs are not advised clients and are either self-directed or managed by a third party. For the avoidance of doubt, CUMA is not intended to be the same as (and is calculated differently as compared to) Antares Capital Advisers LLC’s, Antares Capital Credit Advisers LLC’s, Antares Liquid Credit Strategies LLC’s, or Antares Liquidity Solutions LLC’s regulatory assets under management, as reported under Item 5.F on Part 1 of Form ADV. Please contact Antares with any questions.
3 Lead Lender role includes transactions where Antares was lead-left arranger, right-lead arranger and/or admin agent. Based on origination deal count between 2016 – 2025.
4 Antares does not pay a fee for any of the ranking or award considerations above. Awards and rankings are per the following sources: KBRA Direct Lending Deals 2023 league table (published January 18, 2024); KBRA Direct Lending Deals 2024 league table (published January 23, 2025); KBRA Direct Lending Deals 2025 league table (published January 23, 2026); Pitchbook’s Private Equity Lender League Table 2025 based on Add-on volume (published March 30, 2026); Creditflux CLO Awards 2023 (published May 4, 2023); Creditflux CLO Awards 2024 (published May 16, 2024); DealCatalyst Private Credit CLO of the Year 2025 (published April 28, 2025).