Antares Capital Advisers LLC, a subsidiary of Antares Capital LP announced the closing of the reset of Antares CLO 2017-1, Ltd., originally a $2.1 billion CLO that was upsized to $2.3 billion as part of the transaction. The upsize brings the company’s total CLO assets under management to approximately $7.7 billion.

Antares CLO 2017-1, Ltd. invests in leveraged loans to middle market, private equity-backed companies. It is the largest CLO issued in the post-crisis era, according to market sources.

“We’re very pleased with the refinancing and extension of this large and strategic transaction,” said Seth Painter, managing director for Antares. “The execution demonstrates investor confidence in the Antares platform and their positive assessment of the portfolio’s performance to date. We’re proud to hold relationships with investors who can partner with Antares in meaningful size.”

Third-party investors in the CLO include banks, insurance companies and asset managers.