Ares Credit Secondaries has led a $1.7 billion continuation vehicle for Antares, significantly expanding the private equity firm's presence in the secondaries market. The deal provides liquidity to existing investors while offering new investors access to a mature portfolio of over 300 floating-rate first lien loans managed by Antares. Dave Schwartz and Luca Salvato highlighted the investment as evidence of Ares' scaled capital base and disciplined credit approach. Ares underscored the transaction as its second continuation vehicle with Antares in the past year, reflecting rising demand for structured liquidity solutions in private credit markets.

Antares will retain management of the underlying assets, ensuring continuity in portfolio oversight and credit performance.