Fundraising Fox

Antares Capital

Venture debt

Chicago · Growth · 42 people tracked

Also known as ANTARES CAPITAL CREDIT ADVISERS LLC

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Investment thesis

Antares specializes in alternative credit investing, delivering credit solutions through disciplined underwriting, scale, and long-standing sponsor relationships. It directly originates and invests in senior secured loans to middle-market companies (private credit), invests in syndicated loans and high-yield bonds (liquid credit), and provides liquidity solutions via LP- and GP-led transactions. Backed by CPPIB, the firm takes meaningful principal risk alongside its investors, serving institutional investors, insurance companies, financial advisors, and sponsors/borrowers. It emphasizes selectivity, consistent origination, portfolio construction, and risk-adjusted returns built on three decades of credit-cycle experience.

Source: firm website, verified Aug 18, 2026.

Stage
Growth
Check
$500K – $5M
HQ
Chicago, Florida, US
Leads rounds
Leads
Instruments
Debt
Founded
1996
AUM
$47.4B
VC funds
5

Team · 42 people

from the firm's website & public directories
Rich Davidson· Managing Director
Brendan Condron· Vice President
Brian Daley· Senior Vice President
Dan Cheney· Vice President
Lynsey Connell· Senior Vice President
David Colla· Director; Senior Managing Director & Global Head of Credit Investments, CPP Investments

Board director; Senior Managing Director and Global Head of Credit Investments at CPP Investments.

Geoffrey Rubin· Director; Senior Managing Director, One Fund Strategist, CPP Investments

Board director; Senior Managing Director and One Fund Strategist at CPP Investments.

Paras Vira· Director; Managing Director, Head of Structured Credit Group, CPP Investments

Board director; Managing Director and Head of Structured Credit Group at CPP Investments.

Fund performance · per public LP disclosures · 7

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
Antares Credit Opportunities CA LLC - Series 5LPs: California Public Employees' Retirement System20251.04x0.01x
Antares Credit Opportunities CA LLC - Series 6LPs: California Public Employees' Retirement System20251.07x0.01x
Antares Capital Senior Loan Fund IIILPs: Employees' Retirement System of Rhode Island20241.05x0.07x
Antares Credit Opportunities CA LLCLPs: California Public Employees' Retirement System20211.46x0.62x
Antares Credit Opportunities CA LLC - Series 2LPs: California Public Employees' Retirement System20211.55x0.79x
Antares Credit Opportunities CA LLC - Series 3LPs: California Public Employees' Retirement System20211.39x0.54x
Antares Credit Opportunities CA LLC - Series 4LPs: California Public Employees' Retirement System20211.31x0.39x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does Antares Capital invest at?
Antares Capital invests at the Growth stage.
What is Antares Capital's typical check size?
Antares Capital typically writes checks of $500K – $5M.
What sectors does Antares Capital focus on?
Antares Capital focuses on Sector Agnostic.
Where is Antares Capital located?
Antares Capital is headquartered in Chicago, US.
Does Antares Capital lead rounds?
Yes, Antares Capital leads investment rounds.

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