Antares Capital

David Brackett is CEO and oversees firm-wide strategy. Origination is co-led by Timothy Lyne and Daniel Glickman. Investment committee decisions involve sector heads and the CEO, with CPP Investments holding oversight rights as the controlling equity owner.

CPP Investments acquired Antares in 2015 for a reported $12 billion (per Reuters, 2015) and remains its controlling shareholder alongside the management team. CPP provides permanent equity capital and is also the anchor limited partner in Antares's drawdown funds, giving the firm a balance-sheet that does not face quarterly redemption pressure or traditional fundraising cycles.

Antares operates across both channels. The firm is a leading direct-lender on unitranche and senior secured loans to middle-market companies, holding most of its originations on balance sheet or in its senior loan funds. It also manages a CLO platform — Antares CLOs — that purchases broadly syndicated loans, making it a dual participant in the private-credit and syndicated-loan markets.

Antares lends to established, private equity-backed businesses with proven cash flows, typically generating EBITDA between $10 million and $150 million. It does not provide venture debt or early-stage financing. Transactions are sponsor-led, and the firm will write commitments from roughly $50 million up to $750 million for larger platform deals.

Yes, the Antares Charitable Foundation is a separate 501(c)(3) entity that makes grants focused on education, healthcare, and community development, primarily in Chicago. It is funded by firm profits and employee contributions but is legally and operationally separate from the investment management business.

Antares is a lender, not an equity co-investor. It provides debt financing to portfolio companies owned by private-equity sponsors and does not typically take board seats or equity co-invest stakes. Its alignment with sponsors is built on certainty of execution, not shared ownership.

Antares's public communications indicate it avoids lending to cyclical commodity producers, pure-play energy exploration and production companies, and businesses with regulatory or litigation exposure that could impair debt service. The firm's credit agreements include standard restricted-industry carve-outs common in sponsor-backed senior lending.