Overview
Antares Capital LP is a financial services firm headquartered in Chicago, IL, specializing in private credit and financing solutions for private equity-backed middle-market companies. Founded in 1996, Antares has grown to manage approximately $80 billion in capital under management and administration as of December 31, 2024.
Key Operations and Strategic Focus
Antares's primary focus is on cash flow lending, capital markets expertise, and single-source financing solutions. The firm is recognized for delivering tailored lending solutions across various sectors with robust credit underwriting capabilities. With a strategic focus on non-cyclical and resilient companies, Antares manages a portfolio of approximately 465 private equity-backed companies.
Financial Performance
Antares Capital LP reports an estimated annual revenue of $147.5 million and an employee count of 562, having grown by 4% in the past year. The company's productivity is reflected by a revenue per employee figure of $262,500.
Significant Milestones and Developments
1. 1996: Founded by twelve deal professionals from Heller Financial.
2. 2005: Acquisition by GE Capital, expanding their middle-market lending operations.
3. 2015: Acquired by Canada Pension Plan Investment Board in a $12 billion transaction.
4. 2023: Introduction of a Liquid Credit business and first two BSL CLOs.
5. 2024: Expansion into UK and Europe, and launch of U.S. private wealth strategy.
Recent Initiatives
- U.S. Private Wealth Strategy: Enhancing investment opportunities.
- Investment in Sconset Re: A reinsurance company in collaboration with Allianz.
- Launch of ABDC, a flagship public non-traded private credit fund with over $1.4 billion in investible capital.
Leadership
Under the leadership of Timothy G. Lyne, CEO, Antares is driven by a seasoned management team including the CFO, Chief Risk Officer, and others who guide the company's investment strategies. Notable executives are:
- Leon Abudaram: Chief Information Officer
- Corrie Spaulding: Vice President
- Alexandra Norton: Vice President
- Michael Terhorst: Vice President
Competitors
Antares faces competition from notable financial entities including:
1. Golub Capital
2. Marcum
3. Windsor Private Capital
4. NXT Capital
5. Apollo Global Management, Inc.
6. BlackRock
7. The Blackstone Group
8. Goldman Sachs
Antares distinguishes itself through client-focused strategies and strong relationships with over 400 banks and institutional investors, facilitating effective structuring, distribution, and trading of syndicated loans.
Industry Recognition and Achievements
Antares Capital has been recognized in multiple award categories by DealCatalyst and plays a significant role within private markets through its diverse portfolio. The firm's engagement with U.S. financial advisors highlights its commitment to expanding distribution channels for alternative credit solutions.
Contact Information
Antares Capital LP is headquartered at:
320 South Canal Street,
Chicago, IL, 60606, USA
Official website: [antares.com](http://antares.com)
Strategic Insights
Antares Capital LP’s extensive capital management capabilities and strategic approach to client transactions position it as a leader in the financial sector. With a focus on middle-market transactions and maintaining robust growth strategies, Antares emphasizes consistency and reliability, securing long-term client relationships and leveraging market fluctuations.
