The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

BDC portfolio

Antares Private Credit Fund

BDCnon-tradedCIK 1976336file 814-01793CHICAGO, ILmanaged by ANTARES CAPITAL CREDIT ADVISERS LLC
Fair value
$1.7B
as of Jun 30, 2026
Principal held
$2.1B
debt pieces, the filer's figure
Cost
$1.8B
99c on cost
Unfunded
$346M
commitments not yet drawn
Positions
1,281
446 borrowers
First lien
97%
97% debt by fair value
Quarters on the tape
7
since Dec 31, 2024
Facilities held
849
68 sponsors financed
Portfolio through time
Fair value by quarter end$1.7B as of Jun 30, 2026
Dec 31, 2024$4.4B then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$1.7B44699c27473 bp
Mar 31, 2026$1.7B45099c22471 bp
Dec 31, 2025$1.7B465100c17471 bp
Sep 30, 2025$1.4B448100c16473 bp
Jun 30, 2025$1.2B416100c13483 bp
Mar 31, 2025$5.7B421100c7490 bp
Dec 31, 2024$4.4B372100c12500 bp

Each quarter end is the schedule as filed for that instant; a restated year end is taken from the latest filing that carries it.

Sponsors financed

Counted at BDC level here; the adviser page counts across every BDC it manages. A sponsor named by Form D signer consensus is an inference.

What changed
Every position change, including routine ones
Largest facilities held, with co-lenders
Schedule of investments at Jun 30, 2026
1,281 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
Soleo Holdings, Inc.
Healthcare Providers and Services
term loan first lien$5.9M$5.9M
100c
SOFR+450 bpFeb 2, 2032
Enthusiast Auto Holdings, LLC
Automobile Components
term loan first lien$5.8M$5.8M
100c
SOFR+450 bpDec 19, 2027
Ave Holdings III, Corp.
Diversified Consumer Services
delayed draw term loan first lien$6.4M$5.8M
92c
SOFR+550 bpFeb 25, 2028
Phoenix 1 Buyer Corp.
Electronic Equipment, Instruments and Components
term loan first lien$5.8M$5.8M
100c
SOFR+475 bpNov 20, 2030
Seahawk Bidco, LLC
Diversified Consumer Services
term loan first lien$5.7M$5.7M
100c
SOFR+500 bpDec 19, 2031
NFO Orange Buyer, LLC
Distributors
term loan first lien$5.7M$5.7M
100c
SOFR+450 bpJan 13, 2033
Eagan Parent, Inc.
Software
term loan first lien$5.8M$5.7M
99c
SOFR+425 bpSep 8, 2032
Safety Borrower Holdings LLC
IT Services
term loan first lien$5.8M$5.7M
99c
SOFR+475 bpDec 19, 2032
CFGI Holdings, LLC
Financial Services
term loan first lien$5.7M$5.6M
99c
SOFR+425 bpNov 2, 2029
Unlimited Technology Holdings, LLC
Health Care Technology
term loan first lien$5.6M$5.5M
99c
SOFR+475 bp
PIK 2.88%
Mar 12, 2032
Contractual Buyer, LLC
Financial Services
delayed draw term loan first lien$5.5M$5.5M
101c
SOFR+450 bpOct 10, 2030
Edpo, LLC
Gas Utilities
term loan first lien$5.5M$5.5M
100c
SOFR+475 bpDec 10, 2029
Prism Parent Co. Inc.
Software
term loan first lien$5.5M$5.4M
100c
SOFR+500 bpSep 19, 2028
TCB Holdings I LLC
Containers and Packaging
preferred equity equityn/a$5.4M
97c
Trimech Acquisition Corp.
Software
term loan first lien$5.4M$5.4M
100c
SOFR+475 bpMar 10, 2028
Innovetive Petcare, Inc.
Diversified Consumer Services
term loan first lien$5.4M$5.3M
99c
SOFR+500 bpJun 30, 2028
Kenco PPC Buyer LLC
Air Freight and Logistics
term loan first lien$5.3M$5.3M
100c
SOFR+425 bpNov 15, 2029
YA Intermediate Holdings II, LLC
Professional Services
term loan first lien$5.3M$5.3M
99c
SOFR+500 bpOct 1, 2031
Heights Buyer, LLC
Financial Services
term loan first lien$5.3M$5.3M
100c
SOFR+575 bpAug 25, 2028
Movati Athletic (Group) Inc.
Hotels, Restaurants and Leisure
term loan first lien$7.4M$5.2M
98c
//www.Antares.com/20260630#Canadian Overnight Repo Rate Average+425 bpMay 29, 2030
Hercules Borrower LLC
Commercial Services and Supplies
term loan first lien$5.2M$5.2M
100c
SOFR+475 bpDec 15, 2028
GTCR BC Purchaser, Inc.
Healthcare Providers and Services
term loan first lien$5.3M$5.2M
99c
SOFR+500 bpNov 19, 2032
Flow Control Solutions, Inc.
Machinery
delayed draw term loan first lien$5.2M$5.2M
100c
SOFR+500 bpMar 29, 2029
OEC Holdco, LLC
Software
term loan unsecured or subordinated$5.3M$5.1M
99c
PIK 11.00%
Dec 30, 2035
Valicor PPC Intermediate II LLC
Oil, Gas and Consumable Fuels
term loan first lien$5.1M$5.1M
100c
SOFR+500 bpJul 24, 2028
WPP Bullet Buyer, LLC
Food Products
term loan first lien$5.1M$5.0M
100c
SOFR+525 bpDec 7, 2030
GSV Holding, LLC
Diversified Consumer Services
term loan first lien$5.0M$5.0M
100c
SOFR+575 bp
PIK 3.13%
Oct 18, 2030
Noble Midco 3 Limited
IT Services
term loan first lien$5.1M$5.0M
98c
SOFR+475 bp
PIK 0.50%
Jun 10, 2031
Onward Acquireco, Inc.
Software
term loan first lien$5.0M$5.0M
100c
SOFR+505 bp
PIK 2.68%
Apr 1, 2033
Ryan, LLC
Financial Services
term loan first lien$5.0M$5.0M
100c
SOFR+350 bpNov 5, 2032
BC Group Holdings, Inc.
Distributors
delayed draw term loan first lien$7.1M$4.9M
100c
SOFR+500 bpDec 21, 2027
Lightbeam Bidco Inc.
Air Freight and Logistics
term loan first lien$4.9M$4.8M
99c
SOFR+480 bpMay 6, 2030
Monarch Buyer, Inc.
Professional Services
term loan first lien$4.9M$4.8M
99c
SOFR+450 bpJun 2, 2032
Apex Service Partners, LLC
Diversified Consumer Services
term loan first lien$4.8M$4.8M
100c
SOFR+500 bpOct 24, 2030
Blackhawk Industrial Distribution, Inc.
Distributors
term loan first lien$5.3M$4.8M
90c
SOFR+575 bp
PIK 0.50%
May 30, 2027
TricorBraun Holdings, Inc.
Containers and Packaging
term loan first lien$5.0M$4.7M
94c
SOFR+325 bpMar 3, 2031
Pathstone Family Office LLC
Financial Services
term loan first lien$4.7M$4.7M
100c
SOFR+450 bpMay 15, 2029
Bridges Consumer Healthcare Intermediate LLC
Pharmaceuticals
term loan first lien$4.6M$4.6M
100c
SOFR+525 bpDec 22, 2031
Quality Automotive Services, LLC
Automobile Components
term loan first lien$4.6M$4.6M
100c
SOFR+500 bpJul 16, 2027
Ruppert Landscape, LLC
Professional Services
term loan first lien$4.6M$4.5M
100c
SOFR+500 bpDec 3, 2029
Higher Logic, LLC
Software
term loan first lien$4.5M$4.5M
100c
SOFR+525 bpJan 10, 2029
PLZ CORP.
Containers and Packaging
term loan first lien$4.5M$4.5M
100c
SOFR+500 bpMar 31, 2032
ESG Investments, Inc.
Software
term loan first lien$4.5M$4.5M
99c
SOFR+475 bpMar 11, 2029
Galway Borrower LLC
Insurance
term loan first lien$4.5M$4.4M
99c
SOFR+450 bpSep 29, 2028
North Star Acquisitionco, LLC
Software
term loan first lien$4.4M$4.4M
100c
SOFR+475 bpMay 3, 2029
Vatica Health, Inc.
Health Care Technology
term loan first lien$4.4M$4.3M
98c
SOFR+425 bpOct 29, 2032
DeLorean Purchaser, Inc.
Health Care Technology
term loan first lien$4.3M$4.2M
99c
SOFR+475 bpDec 16, 2031
HP RSS Buyer, Inc.
Commercial Services and Supplies
delayed draw term loan first lien$4.3M$4.2M
100c
SOFR+475 bpDec 11, 2029
Eyesouth Eye Care Holdco, LLC
Healthcare Providers and Services
delayed draw term loan first lien$4.3M$4.2M
100c
SOFR+575 bpOct 5, 2029
Aprio Advisory Group, LLC
Financial Services
delayed draw term loan first lien$5.1M$4.2M
100c
SOFR+475 bpAug 1, 2031
Bellwether Buyer, L.L.C.
Insurance
term loan first lien$4.2M$4.2M
100c
SOFR+450 bpApr 15, 2032
Flint Opco, LLC
Diversified Consumer Services
delayed draw term loan first lien$6.2M$4.2M
100c
SOFR+475 bpAug 15, 2030
BC Group Holdings, Inc.
Distributors
term loan first lien$4.1M$4.1M
100c
SOFR+500 bpDec 21, 2027
RxSense Holdings LLC
Healthcare Providers and Services
term loan first lien$4.1M$4.0M
100c
SOFR+500 bpMar 12, 2027
World Insurance Associates, LLC
Insurance
term loan first lien$4.0M$4.0M
100c
SOFR+500 bpApr 3, 2030
Camelot U.S. Acquisition LLC
Software
term loan first lien$4.3M$3.9M
92c
SOFR+275 bpJan 31, 2031
Vessco Midco Holdings, LLC
Distributors
term loan first lien$4.0M$3.9M
99c
SOFR+450 bpJul 24, 2031
Allied Benefits Systems Intermediate LLC
Insurance
term loan first lien$3.9M$3.9M
99c
SOFR+500 bpOct 31, 2030
USHV Management, LLC
Healthcare Providers and Services
term loan first lien$3.9M$3.9M
100c
SOFR+500 bpSep 8, 2032
Cop Hometown Acquisitions, Inc.
Diversified Consumer Services
delayed draw term loan first lien$3.9M$3.9M
99c
SOFR+525 bpJul 16, 2027
Concord Global Acquisition, LLC
Software
term loan first lien$3.9M$3.9M
99c
SOFR+450 bpDec 29, 2031
1364720 B.C. LTD.
Financial Services
delayed draw term loan first lien$5.6M$3.9M
96c
//www.Antares.com/20260630#Canadian Dollar Offered Rate+450 bpSep 9, 2028
Continental Buyer, Inc.
Health Care Technology
term loan first lien$3.9M$3.9M
100c
SOFR+475 bpApr 2, 2031
Ruppert Landscape, LLC
Professional Services
delayed draw term loan first lien$6.4M$3.9M
101c
SOFR+500 bpDec 3, 2029
FR Vision Holdings Inc
Construction & Engineering
term loan first lien$3.9M$3.9M
98c
SOFR+500 bpJan 20, 2031
Neon Maple Purchaser Inc.
Financial Services
term loan first lien$3.9M$3.9M
97c
SOFR+250 bpNov 17, 2031
Analytic Partners, LP
Professional Services
term loan first lien$3.9M$3.8M
100c
SOFR+425 bpApr 4, 2030
Sentry Acquisition, LLC
Healthcare Equipment and Supplies
term loan first lien$3.8M$3.8M
100c
SOFR+450 bpFeb 2, 2033
Dwyer
Electronic Equipment, Instruments and Components
term loan first lien$3.8M$3.8M
101c
SOFR+475 bpJul 20, 2029
Ardonagh Midco 3 Limited
Insurance
term loan first lien$3.9M$3.8M
97c
SOFR+300 bpFeb 15, 2031
TerSera Therapeutics, LLC
Pharmaceuticals
term loan first lien$3.8M$3.8M
100c
SOFR+575 bpApr 4, 2030
Saturn Borrower Inc
IT Services
term loan first lien$3.9M$3.8M
98c
SOFR+600 bpNov 13, 2028
St Athena Global LLC
Containers and Packaging
term loan first lien$3.8M$3.8M
100c
SOFR+525 bpJun 26, 2030
OIS Management Services, LLC
Healthcare Providers and Services
term loan first lien$3.8M$3.8M
101c
SOFR+475 bpNov 16, 2028
Verde Purchaser, LLC
Containers and Packaging
term loan first lien$4.0M$3.7M
95c
SOFR+400 bpNov 30, 2030
Cub Financing Intermediate, LLC
Capital Markets
term loan first lien$3.7M$3.7M
100c
SOFR+475 bpJun 28, 2030
Boxer Parent Company Inc.
Software
term loan first lien$3.9M$3.6M
90c
SOFR+275 bpJul 30, 2031
AMBA Buyer, Inc.
Insurance
term loan first lien$3.5M$3.5M
100c
SOFR+525 bpJul 30, 2027
F&M Buyer LLC
Health Care Technology
term loan first lien$3.6M$3.5M
99c
SOFR+450 bpMar 18, 2032
Cotiviti, Inc.
Health Care Technology
term loan first lien$3.9M$3.5M
92c
SOFR+275 bpMar 26, 2032
IMO Investor Holdings, Inc.
Health Care Technology
term loan first lien$3.5M$3.5M
99c
SOFR+500 bpMay 11, 2029
CFs Brands, LLC
Containers and Packaging
term loan first lien$3.4M$3.4M
100c
SOFR+525 bpOct 2, 2030
RFI Buyer, Inc.
Machinery
term loan first lien$3.5M$3.4M
100c
SOFR+450 bpAug 5, 2030
CRS Midco Holdings, LLC
Commercial Services and Supplies
term loan first lien$3.5M$3.4M
100c
SOFR+450 bpDec 31, 2032
Lido Advisors, LLC
Capital Markets
delayed draw term loan first lien$3.5M$3.4M
100c
SOFR+475 bpMay 10, 2032
Banker's Toolbox, Inc.
Software
term loan first lien$3.4M$3.4M
99c
SOFR+450 bpJul 27, 2029
Artifact Bidco, Inc.
Software
term loan first lien$3.4M$3.4M
101c
SOFR+415 bpJul 28, 2031
Pareto Health Intermediate Holdings, Inc.
Insurance
term loan first lien$3.4M$3.4M
100c
SOFR+500 bpJun 1, 2030
Innovative Systems L.L.C.
Software
term loan first lien$3.4M$3.3M
99c
SOFR+475 bpAug 20, 2032
DT Intermediate Holdco, Inc.
Software
term loan first lien$3.4M$3.3M
97c
SOFR+500 bp
PIK 2.25%
Feb 22, 2030
Perfectserve, Inc.
Health Care Technology
term loan first lien$3.3M$3.3M
100c
SOFR+500 bpFeb 27, 2032
Orsini Pharmaceutical Services, LLC
Healthcare Providers and Services
term loan first lien$3.3M$3.3M
100c
SOFR+450 bpMay 22, 2031
Amerilife Holdings LLC
Insurance
term loan first lien$3.3M$3.3M
100c
SOFR+500 bpAug 31, 2029
Invictus Buyer, LLC
Health Care Technology
delayed draw term loan first lien$3.3M$3.3M
100c
SOFR+450 bpJun 3, 2031
Focus Financial Partners, LLC
Financial Services
term loan first lien$3.3M$3.2M
98c
SOFR+250 bpSep 15, 2031
Edgeco Buyer, Inc.
Capital Markets
delayed draw term loan first lien$3.2M$3.2M
100c
SOFR+450 bpJun 1, 2028
Aprio Advisory Group, LLC
Financial Services
delayed draw term loan first lien$3.2M$3.2M
100c
SOFR+475 bpAug 1, 2031
Spirit RR Holdings, Inc.
IT Services
term loan first lien$3.2M$3.2M
99c
SOFR+450 bpSep 13, 2028
Routeware, Inc.
Software
term loan first lien$3.2M$3.1M
99c
SOFR+525 bpSep 18, 2031
Quick Quack Car Wash Holdings, LLC
Diversified Consumer Services
delayed draw term loan first lien$3.1M$3.1M
100c
SOFR+500 bpJun 10, 2031
Page 2 of 13PreviousNext
Registration
Fiscal year end
1231reported
Incorporated
DEreported
On the SEC BDC report
2025 to 2026reported
Filings listed
7reported10-Q and 10-K since 2022
Latest schedule
0001193125-26-349158reported