Antares appoints head of credit secondaries

Antares Capital has appointed Olga Kosters as managing director, head of credit secondaries, to oversee the expansion of the firm’s credit secondaries investment strategy.

This strategy focuses on both GP-led and LP-led credit secondaries opportunities leveraging the firm’s private credit and structuring expertise.

Kosters was formerly a managing director at Apollo Global Management, where she co-managed the firm’s credit secondaries business. She previously worked at Tikehau Capital where she established its private debt secondaries strategy.

In her new role at Antares, she will be based in New York, reporting to Benjamin Chapin, the firm’s managing director and newly appointed head of liquidity solutions.

“I am delighted to join a firm that is considered one of the leading private credit managers with a demonstrated track record built over multiple decades,” said Kosters.

“By leveraging the firm’s extensive credit investing and underwriting expertise, I am confident that we can build a market-leading credit secondaries franchise that will benefit the firm’s deep network of investors globally.”

Her appointment coincides with Antares’ plans to increase its activity in the credit secondaries market by building out a dedicated credit secondaries team.

“We see a growing opportunity in the credit secondaries market given the maturation of the private credit asset class,” said Vivek Mathew, president of Antares Capital Advisers.

“With nearly 30 years of experience as a leading direct lender and manager of one of the largest and most diverse portfolios in the market, we view credit secondaries as a complementary offering to our core direct lending business.

“We are approaching the market from a credit-expertise perspective and believe Antares is well positioned given our familiarity with the underlying credit assets and extensive working relationships with the managers themselves.”