DFX Intelligence

Private Credit Intelligence

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 Strategic Credit Fund

BDCnon-tradedCIK 1993402file 814-01700CHICAGO, ILmanaged by ANTARES CAPITAL CREDIT ADVISERS LLC

Fair value

$4.6B

as of Jun 30, 2026

Principal held

$5.5B

debt pieces, the filer's figure

Cost

$4.7B

99c on cost

Unfunded

$992M

commitments not yet drawn

Positions

1,488

472 borrowers

First lien

96%

96% debt by fair value

Quarters on the tape

since Mar 31, 2024

Facilities held

963

65 sponsors financed

Portfolio through time

Fair value by quarter end$4.6B as of Jun 30, 2026

Mar 31, 2024$2.5B then

Quarter	Fair value	Borrowers	On cost	PIK pos.	Avg spread
Jun 30, 2026	$4.6B	472	99c	39	468 bp
Mar 31, 2026	$4.5B	477	99c	36	467 bp
Dec 31, 2025	$4.7B	477	100c	37	472 bp
Sep 30, 2025	$3.6B	438	100c	29	469 bp
Jun 30, 2025	$3.2B	445	100c	33	477 bp
Mar 31, 2025	$13B	421	100c	25	484 bp
Dec 31, 2024	$12B	388	100c	13	495 bp
Sep 30, 2024	$7.8B	370	100c	17	506 bp
Jun 30, 2024	$5.5B	352	100c	16	517 bp
Mar 31, 2024	$2.5B	282	100c	16	555 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

Warburg Pincus LLC carried
5 borrowers $66.3M
Charlesbank Capital Partners, LLC carried
4 borrowers $64.6M
Leonard Green & Partners, L.P. carried
4 borrowers $37.3M
Summit Partners, L.P. carried
4 borrowers $22.5M
Silver Lake Technology Management, LLC carried
3 borrowers $6.9M
Francisco Partners carried
2 borrowers $68.4M
WCA Management Corporation inferred
2 borrowers $50.0M
Kohlberg & Company carried
2 borrowers $45.3M
Parthenon Capital Partners carried
2 borrowers $42.1M
Silversmith Capital Partners carried
2 borrowers $38.6M
Genstar Capital carried
2 borrowers $35.4M
Alpine Investors carried
2 borrowers $31.8M
Penfund Management Limited carried
2 borrowers $31.3M
Goldberg Lindsay & Co. LLC carried
2 borrowers $29.9M
JMI Management, L.P. inferred
2 borrowers $29.2M

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

Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Francisco Partners borrower (2 borrowers, 10 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Warburg Pincus LLC borrower (5 borrowers, 14 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Charlesbank Capital Partners, LLC borrower (4 borrowers, 16 facilities held)
New sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances a first Searchlight Capital Partners borrower (1 borrower, 6 facilities held)
New sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances a first Voyager Capital LLC borrower (1 borrower, 5 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another WCA Management Corporation borrower (2 borrowers, 8 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Kohlberg & Company borrower (2 borrowers, 7 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Parthenon Capital Partners borrower (2 borrowers, 6 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Silversmith Capital Partners borrower (2 borrowers, 6 facilities held)
New sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances a first Level Equity borrower (1 borrower, 3 facilities held)
New sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances a first Halyard Capital Management, LLC borrower (1 borrower, 3 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Leonard Green & Partners, L.P. borrower (4 borrowers, 6 facilities held)
New borrower on a BDC scheduleJun 30, 2026
Goodlife Fitness Centres Inc first appears in a BDC schedule (2 lenders)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Genstar Capital borrower (2 borrowers, 8 facilities held)
New borrower on a BDC scheduleJun 30, 2026
GTCR ABC Buyer, LLC first appears in a BDC schedule (7 lenders)
New sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances a first General Atlantic Service Company, L.P. borrower (1 borrower, 5 facilities held)
New sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances a first GI Partners borrower (1 borrower, 3 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Alpine Investors borrower (2 borrowers, 9 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another JMI Management, L.P. borrower (3 borrowers, 9 facilities held)
Repeat sponsor and lender pairJun 30, 2026
Antares Strategic Credit Fund finances another Penfund Management Limited borrower (2 borrowers, 6 facilities held)

Every position change, including routine ones

Largest facilities held, with co-lenders

CDL Parent, Inc first lien term loan
2 BDCs hold it · matures Dec 7, 2028
$51.1M 100c
Integrated Power Services Holdings, Inc first lien term loan
6 BDCs hold it · matures Nov 22, 2031 · Searchlight Capital Partners
$48.1M 99c
Maverick Bidco Inc first lien term loan
17 BDCs hold it · matures Dec 2, 2031
$47.3M 99c
NH Kronos Buyer, Inc first lien term loan
7 BDCs hold it · matures Jan 31, 2033
$46.5M 100c
Wealth Enhancement Group, LLC first lien delayed draw term loan
10 BDCs hold it · matures Oct 4, 2028
$43.3M 100c
Edition Holdings, Inc first lien term loan
17 BDCs hold it · matures Dec 20, 2032 · Voyager Capital LLC
$42.5M 99c
KWOL Acquisition Inc first lien delayed draw term loan
9 BDCs hold it · matures Dec 12, 2029 · Kohlberg & Company
$40.7M 99c
OEConnection LLC first lien term loan
27 BDCs hold it · matures Dec 23, 2032 · Francisco Partners
$38.5M 99c
GSV Holding, LLC first lien term loan
2 BDCs hold it · matures Oct 18, 2030
$38.4M 100c
Vessco Midco Holdings, LLC first lien term loan
30 BDCs hold it · matures Jul 24, 2031
$37.8M 100c
Cerity Partners Equity Holding LLC first lien term loan
5 BDCs hold it · matures Jul 28, 2031
$37.3M 99c
Articulate Global, LLC first lien term loan
3 BDCs hold it · matures Oct 25, 2032
$36.3M 99c

Schedule of investments at Jun 30, 2026

1,488 positions

Borrower	Instrument	Principal	Fair value	Rate	Maturity
Short-Term Investments BlackRock Liquidity T-Fund - Institut	unstated lien unstated	n/a	$72.8M 100c
Maverick Bidco Inc. Software	term loan first lien	$47.3M	$46.6M 99c	SOFR+475 bp	Dec 2, 2031
NH Kronos Parent, Inc. Pharmaceuticals	term loan first lien	$46.5M	$46.3M 100c	SOFR+450 bp	Jan 31, 2033
Edition Holdings, Inc. Software	term loan first lien	$42.5M	$41.8M 99c	SOFR+450 bp	Dec 20, 2032
KWOL Acquisition, Inc. Life Sciences Tools & Services	delayed draw term loan first lien	$40.7M	$40.1M 99c	SOFR+500 bp	Dec 12, 2029
GSV Holding, LLC Diversified Consumer Services	term loan first lien	$38.4M	$38.2M 100c	SOFR+575 bp PIK 3.13%	Oct 18, 2030
OEConnection LLC Software	term loan first lien	$38.5M	$38.1M 99c	SOFR+450 bp	Dec 23, 2032
Cerity Partners Equity Holding LLC Financial Services	term loan first lien	$37.3M	$36.9M 99c	SOFR+450 bp	Jul 28, 2031
Articulate Global, LLC Software	term loan first lien	$36.3M	$36.0M 99c	SOFR+400 bp	Oct 25, 2032
Aurora Plastics, LLC Chemicals	term loan first lien	$35.2M	$34.7M 99c	SOFR+475 bp	Aug 12, 2030
CCI Buyer, Inc. Wireless Telecommunication Services	term loan first lien	$34.5M	$34.3M 100c	SOFR+500 bp	May 13, 2032
OneSource Virtual, Inc. Financial Services	term loan first lien	$32.6M	$32.6M 100c	SOFR+475 bp	Jan 30, 2033
US Fitness Holdings, LLC Diversified Consumer Services	term loan first lien	$31.7M	$31.7M 100c	SOFR+550 bp	Sep 4, 2031
Goldeneye Parent, LLC Health Care Technology	term loan first lien	$31.8M	$31.3M 99c	SOFR+475 bp	Mar 31, 2032
Harvey Tool Company, LLC Industrial Conglomerates	term loan first lien	$31.4M	$31.1M 100c	SOFR+450 bp	Aug 6, 2032
Valet Waste Holdings, Inc. Commercial Services and Supplies	term loan first lien	$31.1M	$30.6M 99c	SOFR+600 bp	May 1, 2029
Clearwater Analytics Holdings, Inc. Software	term loan first lien	$30.4M	$30.4M 100c	SOFR+450 bp	Jun 27, 2033
Net Health Acquisition Corp. Health Care Technology	term loan first lien	$30.1M	$30.1M 100c	SOFR+475 bp	Jul 3, 2031
Crimson FLS Acquisition, Inc. Commercial Services and Supplies	term loan first lien	$30.1M	$29.9M 99c	SOFR+450 bp	Feb 18, 2033
DeLorean Purchaser, Inc. Health Care Technology	term loan first lien	$30.1M	$29.7M 99c	SOFR+475 bp	Dec 16, 2031
Coordinators Midco, Inc. Containers and Packaging	term loan first lien	$30.5M	$29.5M 97c	SOFR+500 bp	Oct 15, 2032
Majesco, LLC Software	term loan first lien	$29.5M	$28.9M 98c	SOFR+450 bp	Jan 7, 2033
Navex Global Holdings Corporation Software	term loan first lien	$29.2M	$28.8M 99c	SOFR+500 bp	Oct 14, 2032
OLO Parent, Inc. Software	term loan first lien	$29.1M	$28.7M 99c	SOFR+450 bp	Sep 13, 2032
Low Voltage Holdings Inc. Commercial Services and Supplies	term loan first lien	$28.3M	$28.0M 99c	SOFR+450 bp	Apr 28, 2032
Vessco Midco Holdings, LLC Distributors	term loan first lien	$27.8M	$27.6M 100c	SOFR+450 bp	Jul 24, 2031
AVSC Holding Corp. IT Services	term loan first lien	$27.5M	$27.5M 101c	SOFR+500 bp	Dec 5, 2031
Banker's Toolbox, Inc. Software	term loan first lien	$27.6M	$27.4M 100c	SOFR+450 bp	Jul 27, 2029
CDL Parent, Inc. Healthcare Equipment and Supplies	term loan first lien	$27.4M	$27.2M 100c	SOFR+450 bp	Dec 7, 2028
MRO Corporation Healthcare Providers and Services	term loan first lien	$27.2M	$27.2M 101c	SOFR+450 bp	Jun 9, 2032
Unison Risk Advisors Inc. Insurance	term loan first lien	$27.1M	$26.9M 99c	SOFR+450 bp	Oct 17, 2031
Wisdom Purchaser, LLC Health Care Technology	term loan first lien	$27.5M	$26.9M 98c	SOFR+425 bp	Jul 24, 2032
Simplicity Financial Marketing Group Holdings, Inc. Insurance	term loan first lien	$26.7M	$26.7M 100c	SOFR+500 bp	Dec 31, 2031
EPFS Buyer, Inc. Healthcare Providers and Services	term loan first lien	$27.3M	$26.6M 98c	SOFR+450 bp	Jul 31, 2031
ML Holdco, LLC Software	term loan first lien	$26.6M	$26.6M 100c	SOFR+425 bp	Oct 25, 2032
YLG Holdings, Inc. Commercial Services and Supplies	term loan first lien	$26.7M	$26.6M 100c	SOFR+475 bp	Dec 23, 2030
DCG Acquisition Corp Chemicals	term loan first lien	$26.4M	$26.4M 100c	SOFR+500 bp	Jun 13, 2031
Red Fox CD Acquisition Corporation Construction Materials	delayed draw term loan first lien	$26.7M	$26.4M 101c	SOFR+600 bp	Mar 4, 2030
Experigreen Intermediate Holdings, Inc. Diversified Consumer Services	term loan first lien	$26.3M	$26.1M 99c	SOFR+475 bp	Dec 10, 2032
Emburse, Inc. Software	term loan first lien	$25.4M	$25.1M 99c	SOFR+425 bp	May 28, 2032
Wealth Enhancement Group, LLC Financial Services	delayed draw term loan first lien	$29.0M	$24.8M 100c	SOFR+425 bp	Oct 2, 2028
Montana Buyer Inc. Software	term loan first lien	$25.0M	$24.6M 98c	SOFR+475 bp	Jul 22, 2029
Fourth Enterprises, LLC Software	term loan first lien	$24.8M	$24.4M 99c	SOFR+450 bp	Mar 21, 2031
Americhem, Inc. Chemicals	term loan first lien	$24.3M	$24.1M 100c	SOFR+450 bp	Mar 1, 2032
Minotaur Acquisition, Inc. Financial Services	term loan first lien	$23.9M	$23.6M 99c	SOFR+500 bp	Jun 3, 2030
Wu Holdco, Inc. Household Products	term loan first lien	$23.8M	$23.6M 99c	SOFR+475 bp	Apr 19, 2032
Saber Parent Holdings Corp. Commercial Services and Supplies	term loan first lien	$23.7M	$23.4M 99c	SOFR+475 bp PIK 2.25%	Dec 16, 2032
CDL Parent, Inc. Healthcare Equipment and Supplies	term loan first lien	$23.4M	$23.2M 100c	SOFR+450 bp	Dec 7, 2028
Pathstone Family Office LLC Financial Services	term loan first lien	$23.2M	$23.1M 100c	SOFR+450 bp	May 15, 2029
SpecialtyCare, Inc. Healthcare Providers and Services	term loan first lien	$23.0M	$23.0M 101c	SOFR+475 bp	Dec 18, 2029
Supernova Intermediate Pty Ltd Software	term loan first lien	$22.9M	$22.9M 100c	SOFR+500 bp	May 12, 2033
EDPO, LLC Gas Utilities	term loan first lien	$22.9M	$22.9M 100c	SOFR+475 bp	Dec 10, 2029
TerSera Therapeutics LLC Pharmaceuticals	term loan first lien	$22.8M	$22.8M 100c	SOFR+500 bp	Apr 4, 2030
Southpaw AP Buyer, LLC Hotels, Restaurants and Leisure	term loan first lien	$22.8M	$22.7M 100c	SOFR+550 bp	Mar 2, 2028
Integrated Power Services Holdings, Inc. Energy Equipment and Services	term loan first lien	$22.7M	$22.5M 99c	SOFR+475 bp	Nov 22, 2031
Lubricant Engineers Chemicals	term loan first lien	$22.5M	$22.4M 100c	SOFR+525 bp	Sep 1, 2029
Cherry Bekaert Advisory LLC Financial Services	term loan first lien	$22.6M	$22.3M 99c	SOFR+475 bp	Jun 28, 2030
CVP Holdco, Inc. Diversified Consumer Services	term loan first lien	$22.1M	$21.9M 99c	SOFR+475 bp	Jun 30, 2031
AQ Sunshine, Inc. Insurance	term loan first lien	$21.9M	$21.9M 100c	SOFR+500 bp	Jul 24, 2033
Dwyer	term loan first lien	$21.5M	$21.5M 101c	SOFR+475 bp	Jul 20, 2029
Signant Finance One Limited Health Care Technology	term loan first lien	$20.8M	$20.7M 101c	SOFR+500 bp	Oct 16, 2031
Onward Acquireco, Inc. Software	term loan first lien	$20.7M	$20.6M 100c	SOFR+505 bp PIK 2.68%	Apr 1, 2033
Valeris, Inc. Healthcare Providers and Services	term loan first lien	$20.4M	$20.4M 100c	SOFR+500 bp	Sep 19, 2031
Iris Specialty Acquisition LLC Insurance	term loan first lien	$20.1M	$20.0M 99c	SOFR+450 bp	Nov 20, 2032
Higginbotham Insurance Agency, Inc Insurance	term loan first lien	$20.0M	$19.9M 100c	SOFR+450 bp	Jun 11, 2031
Movati Athletic (Group) Inc. Hotels, Restaurants and Leisure	term loan first lien	$28.3M	$19.9M 98c	//www.Antares.com/20260630#Canadian Overnight Repo Rate Average+425 bp	May 29, 2030
Imagine 360 LLC Insurance	term loan first lien	$20.1M	$19.9M 99c	SOFR+475 bp	Sep 30, 2028
Patriot Growth Insurance Services, LLC Insurance	term loan first lien	$20.0M	$19.8M 100c	SOFR+500 bp	Oct 16, 2028
Ridge Trail US Bidco, Inc. IT Services	term loan first lien	$19.7M	$19.6M 100c	SOFR+450 bp	Sep 30, 2031
Alta Buyer, LLC Software	term loan first lien	$19.2M	$19.2M 100c	SOFR+450 bp	Feb 18, 2033
Propio LS, LLC Professional Services	term loan first lien	$19.3M	$19.2M 100c	SOFR+475 bp	May 10, 2030
NFO Orange Buyer, LLC Distributors	term loan first lien	$19.0M	$19.0M 100c	SOFR+450 bp	Jan 13, 2033
Eagan Parent, Inc. Software	term loan first lien	$19.2M	$18.9M 99c	SOFR+425 bp	Sep 8, 2032
Swoop Intermediate III, Inc. Health Care Technology	term loan first lien	$19.0M	$18.9M 100c	SOFR+450 bp	Apr 12, 2032
Onit, Inc. Software	term loan first lien	$18.9M	$18.9M 100c	SOFR+475 bp	Jan 27, 2032
Conservice Midco, LLC Software	term loan first lien	$18.9M	$18.9M 100c	SOFR+450 bp	Feb 25, 2033
DT1 Midco Corp IT Services	term loan first lien	$19.1M	$18.8M 99c	SOFR+525 bp	Dec 30, 2031
SCW Holdings III Corp. Specialty Retail	term loan first lien	$19.0M	$18.8M 99c	SOFR+500 bp	Mar 17, 2032
Puma Buyer, LLC Pharmaceuticals	term loan first lien	$18.8M	$18.8M 100c	SOFR+425 bp	Mar 29, 2032
Bulab Holdings, Inc. Chemicals	term loan first lien	$18.8M	$18.6M 99c	SOFR+450 bp	Jul 1, 2032
Innovetive Petcare, Inc. Diversified Consumer Services	delayed draw term loan first lien	$18.6M	$18.5M 100c	SOFR+500 bp	Jun 30, 2028
Zinc Buyer Corporation Commercial Services and Supplies	term loan first lien	$18.7M	$18.2M 98c	SOFR+425 bp PIK 2.38%	Jul 24, 2031
GTCR BC Purchaser, Inc. Healthcare Providers and Services	term loan first lien	$18.4M	$18.2M 99c	SOFR+500 bp	Nov 19, 2032
Atlas US Finco, Inc. Software	term loan first lien	$18.9M	$18.2M 97c	SOFR+450 bp	Dec 9, 2029
SCHP Purchaser, Inc. Healthcare Providers and Services	term loan first lien	$18.8M	$18.2M 97c	SOFR+450 bp	Oct 22, 2032
Aprio Advisory Group, LLC Financial Services	term loan first lien	$18.2M	$18.1M 100c	SOFR+475 bp	Aug 1, 2031
CRCI Longhorn Holdings, Inc. Energy Equipment and Services	term loan first lien	$17.9M	$17.8M 100c	SOFR+475 bp	Aug 27, 2031
Galway Borrower LLC Insurance	term loan first lien	$17.6M	$17.4M 99c	SOFR+450 bp	Sep 29, 2028
Vatica Health, Inc. Health Care Technology	term loan first lien	$17.8M	$17.3M 98c	SOFR+425 bp	Oct 29, 2032
Inhabitiq Inc. Software	term loan first lien	$17.4M	$17.3M 99c	SOFR+450 bp	Jan 12, 2032
USRP Holdings, Inc. Professional Services	delayed draw term loan first lien	$17.8M	$16.9M 100c	SOFR+475 bp	Dec 31, 2029
Carr, Riggs & Ingram Capital, L.L.C. Professional Services	term loan first lien	$17.0M	$16.8M 99c	SOFR+450 bp	Nov 18, 2031
Unlimited Technology Holdings, LLC Health Care Technology	term loan first lien	$16.9M	$16.6M 99c	SOFR+475 bp PIK 2.88%	Mar 12, 2032
KPA Parent Holdings, Inc. Software	term loan first lien	$16.8M	$16.6M 99c	SOFR+450 bp	Mar 12, 2032
Tarrytown Acquisition Holdings, LLC Healthcare Equipment and Supplies	term loan first lien	$16.7M	$16.5M 99c	SOFR+475 bp	Nov 12, 2032
Hydraulic Technologies USA LLC Construction & Engineering	term loan first lien	$17.2M	$16.3M 97c	SOFR+550 bp	Jun 3, 2031
Aprio Advisory Group, LLC Financial Services	delayed draw term loan first lien	$16.2M	$16.1M 100c	SOFR+475 bp	Aug 1, 2031
Polyphase Elevator Holding Company Commercial Services and Supplies	term loan first lien	$16.0M	$15.9M 100c	SOFR+500 bp	Nov 24, 2032
USHV Management, LLC Healthcare Providers and Services	term loan first lien	$15.8M	$15.7M 100c	SOFR+500 bp	Sep 8, 2032
PLZ CORP. Containers and Packaging	term loan first lien	$15.7M	$15.6M 100c	SOFR+500 bp	Mar 31, 2032

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Registration

Fiscal year end: 1231reported
Incorporated: DEreported
On the SEC BDC report: 2024 to 2026reported
Filings listed: 10reported10-Q and 10-K since 2022
Latest schedule: 0001193125-26-349216reported