Antares Capital Advisers announced the closing of its seventh collateralized loan obligation (CLO) at $400 million, which boosted firmwide CLO assets to $6.9 billion.
Antares CLO 2019-2 will invest in leveraged loans to middle market, private equity-backed companies, officials said in the official announcement.
“We are pleased to announce the successful close of our seventh CLO,” said Seth Painter, managing director of funding for Antares. “The execution and diverse investor book highlight that the market continues to differentiate Antares for the quality of its platform and portfolios.”
Antares chose to . . .
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