Antares Capital Advisers has closed Antares CLO 2019-2, a $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 $6.9 billion.
Antares CLO 2019-2, Ltd. will invest in leveraged loans to middle market, private equity-backed companies.
“We are pleased to announce the successful close of our seventh CLO. The execution and diverse investor book highlight that the market continues to differentiate Antares for the quality of its platform and portfolios,” said Seth Painter, managing director of funding for Antares.
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.
