Antares Closes $1.7 Billion Private Credit Continuation Vehicle Led by Ares
Chicago and New York – March 30, 2026 – Antares Capital and Ares Management Corporation (“Ares”) (NYSE: ARES) today announced the closing of Antares’ second continuation vehicle with over $1.7 billion in commitments. The transaction was led by Ares Credit Secondaries funds, along with a commitment from Antares.
The continuation vehicle was established to purchase assets from a closed-end private credit fund comprising over 300 underlying first lien, floating rate loans originated and managed by Antares. In the current environment, where assets are being held longer, the transaction provides existing investors with an attractive liquidity option while offering new investors exposure to quality Antares-originated private credit assets. Antares will continue to manage the continuation vehicle and the underlying loans.
“This transaction reflects our continued commitment to delivering innovative liquidity solutions to private credit institutional investors,” said Vivek Mathew, president of Antares Capital Advisers. “Antares is pleased to once again partner with Ares and utilize the continuation vehicle structure to provide flexible, investor-focused solutions, while offering access to a mature, high-performing portfolio with healthy cash generation.”
“We are pleased to lead this continuation vehicle, our second with Antares in the past year, underscoring our ability to deliver creative liquidity solutions for leading GPs and their LPs in this dynamic market environment,” said Dave Schwartz, Head of Ares Credit Secondaries, and Luca Salvato, Partner at Ares. “This investment highlights the strength of our scaled capital base, disciplined approach to credit investing and deep experience across credit and secondaries.”
Evercore served as lead financial advisor on the transaction, with GreensLedge and Moelis & Company LLC also acting as financial advisors.
About Antares Capital
Antares Capital is a leading alternative credit manager with approximately ~$90 billion in capital under management and administration as of September 30, 2025. For three decades, we have sought to deliver disciplined, dependable credit solutions. Today, our platform focuses on core private credit, liquid credit, and liquidity solutions, managed for the benefit of a global investor base and powered by long-standing sponsor relationships that help unlock attractive investment opportunities across market cycles. Backed by CPP Investments, we are dedicated to creating long-term value for the investors, sponsors, and borrowers we serve. The firm maintains offices in Atlanta, Chicago, Los Angeles, New York, Toronto and London. Visit Antares at www.antares.com or follow the company on LinkedIn at https://www.linkedin.com/company/antares-capital-lp.
Antares Capital is a subsidiary of Antares Capital Management LLC, which is majority owned by The Canadian Pension Plan Investment Board, alongside Antares Holdings LP (collectively, “Antares”). Antares Capital London Limited is an appointed representative of Langham Hall Fund Management LLP, an entity which is authorized and regulated by the Financial Conduct Authority of the UK.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders’ long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2025, Ares Management Corporation’s global platform had nearly $623 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
Contacts
Antares
Allison Perkins
allison.perkins@antares.com
Ares
Jacob Silber | Lauren Sullivan
media@aresmgmt.com