Antares Private Credit Fund amended its Investment advisory agreement and administrative agreement on August 19, 2026. These updates ensure compliance with state regulatory comments without changing the underlying terms, illustrating the Fund's commitment to transparency.

Key Highlights

  • Antares Private Credit Fund has amended its investment advisory agreement and administration agreement effective August 19, 2026.
  • The revisions come after discussions with state securities regulators surrounding the Fund's continuous offering of common shares.
  • This update addresses comments from state securities regulators, again reaffirming compliance without altering service delivery fundamentals.

Antares Private Credit Fund has amended its investment advisory agreement and administration agreement effective August 19, 2026. These changes follow a review by state securities regulators, ensuring adherence to regulatory standards while maintaining existing terms. The revisions illustrate the Fund’s proactive approach in enhancing its governance structure and investor confidence.

Updated Advisory Agreement

The revisions come after discussions with state securities regulators surrounding the Fund's continuous offering of common shares. Despite these alterations, the core terms of the advisory services provided by Antares Capital Credit Advisers LLC, the Fund's adviser, remain unchanged. The agreement is designed to provide clarity on indemnification for both the adviser and the Fund's administrator, ensuring that regulatory compliance does not disrupt advisory continuity.

The intent here is to reassure investors of the firm's stability amid changing regulatory landscapes.

Administrative Agreement Amendments

This update addresses comments from state securities regulators, again reaffirming compliance without altering service delivery fundamentals. Following the agreement made on October 31, 2024, the updated administration terms also enhance protections regarding indemnification and exculpation for the administrator. This reassures Stakeholders that the organizational framework enhances operational efficiency while complying with regulatory requirements.

The assurances detailed in this agreement are likely to promote investor confidence in the Fund’s governance.

Revised Declaration of Trust

This new declaration clarifies the allocation of specific costs, emphasizing that certain administrative expenses will not be incurred by the Fund. The update enriches the governance framework by defining Shareholder voting thresholds, thus reinforcing Fiduciary responsibilities among both the adviser and trustees. The adaptations reflect a commitment to align with best practices, thereby helping to maintain stakeholder trust in the Fund's governance.

Next Steps

Antares Private Credit Fund’s recent amendments illustrate a focused response to regulatory oversight and emphasize governance clarity. Following these updates, the next key event will be the Fund’s next annual meeting of shareholders. Anticipated policies and further regulatory discussions will significantly influence governance practices.

As the Fund continues to adapt, its next steps will be key for both investor assurances and operational efficacy.