NEW YORK, June 4, 2025 – Leading international law firm Proskauer announced today that it advised Antares Capital ("Antares") on the closing of its first continuation vehicle with over $1.2 billion in commitments. The transaction was led by Ares Credit Secondaries funds, along with a commitment from Antares.
The continuation vehicle was established to purchase assets and limited partner interests from two comingled private credit funds comprising over 100 underlying first lien, floating rate loans originated and managed by Antares. The vehicle provided existing investors with an attractive liquidity option while offering new investors exposure to quality Antares-originated private credit assets.
The Proskauer secondaries team was led by partners Christopher Robinson and Corey Dietrich (Private Funds) and partner Kunal Dogra (M&A). It also included partners Chip Parsons, Amanda Butler-Jones and Ryan Carpenter and associates Daniel Langley, Diana Ayoub, Ginny Lee, Andrew MacKinlay, Brendan Conroy and Alexandra Wolff (Private Funds); partner Janicelynn Asamoto Park and associates Sean Webb and Julia Varoutsos (Tax); partners John Goldfinch and Matt Kerfoot and associates Peter West and Allison Saltstein (Finance); associates Jack Morant and J. Ryan Murphy (M&A); and associates Daniel Pollick, Chi-Yu Huang and Alondra Urbina (Private Credit).