Antares Capital Closes Seventh CLO Transaction

Posted on 02/04/2020


Antares Capital Advisers LLC is a subsidiary of Antares Capital LP. Antares Capital Advisers announced the closing of Antares CLO 2019-2, Ltd., a US$ 400 million collateralized loan obligation (CLO). The CLO represents the seventh CLO issued by Antares, bringing the company’s total CLO assets under management to approximately US$ 6.9 billion. Antares CLO 2019-2, Ltd. will invest in leveraged loans to middle market, private equity-backed companies.

Antares chose to purchase 100% of the subordinated notes issued by the CLO. Third-party investors in the CLO include insurance companies, pension funds, banks, and asset managers.

In April 2019, Antares CLO 2019-1 raised US$ 505.34 million. In December 2018, Antares CLO 2018-3 raised US$ 1 billion.

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