Ares Management in Antares’ $1.2 Billion Private Credit Continuation Vehicle
June 6, 2025
June 6, 2025
Cleary Gottlieb represented Ares Management Corporation (Ares) as lead investor in the closing of Antares’ first continuation vehicle, with over $1.2 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 and limited partner interests from two comingled private credit funds comprising over 100 underlying floating-rate and first-lien loans and CLO notes originated and managed by Antares. The vehicle provided existing investors with an attractive liquidity option while offering new investors exposure to quality Antares-originated private credit assets. This transaction represents Ares’ largest credit secondary investment to date.
For more information, please see the press release.