Antares Capital has raised approximately $8.5bn (£6.3bn) for its third senior loan fund (SLF III) and related strategy vehicles.
Investors in SLF III include employees alongside family offices, asset managers, insurance companies, and other global institutions. The fundraise exceeded initial targets and saw broad participation from both new and existing investors, the alternative asset manager said.
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“Our ability to consistently originate high-quality opportunities through our large portfolio and long-standing sponsor relationships, combined with a disciplined, cycle-tested underwriting approach, allows us to be patient and highly selective in deploying capital,” said Timothy Lyne, chief executive of Antares.
Headquartered in Chicago, Antares constructs diversified portfolios of primarily senior secured loans across US and Canadian borrowers. It holds approximately $90bn of assets under management.
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“In a period of heightened manager selectivity, investors are prioritizing platforms with established sourcing capabilities, demonstrated performance across market cycles, and strong alignment of interests through meaningful investment alongside clients,” commented Vivek Mathew, Antares’ president.
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