Antares raises debut CLO fund, betting on growth in private debt

As GP-led secondaries scale to record levels, top investors are flagging a widening gap between trophy assets and weaker deals, even as new financing tools like CFOs further blur the line between sale and securitization.

SLF III is focused on constructing diversified portfolios of primarily senior secured loans across U.S. and Canadian borrowers.

Secondaries are no longer just an exit solution for institutions—they’ve become private equity’s front-line pitch to private wealth, reshaping how capital enters the asset class.