Antares Private Credit Fund

CIK 0001976336Antares

Antares Private Credit Fund is a non-traded business development company advised by Antares. With $1.7 billion in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 99% in first-lien senior secured loans and 100% floating-rate, at a weighted-average spread of 465 bps over the base rate. Its largest sector exposure is Industrials (13% of holdings).

NAV/Share

$25.18

AUM

$1.7B

Positions

1,266

Strategy

Private Credit

Wtd. Avg. Coupon

8.3%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.7 yrs

98% coverage

Top 10 Concentration

8.6%

Instrument type

Share of portfolio fair value

First Lien

98%

of fair value

First Lien Senior Loans97.7%

Unsecured Loans0.5%

Equity1.4%

Industry exposure

Share of holdings fair value

Top 5

91%

of holdings

Industrials12.7%

Financials8.1%

Health Care8.0%

Information Technology4.5%

Other2.5%

Consumer Discretionary2.1%

Materials2.1%

Utilities0.9%

Communication Services0.8%

Energy0.6%

Consumer Staples0.0%

Unknown57.7%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

2.2%