Antares Private Credit Fund Updates Advisory Agreements and Bylaws

What Happened

• Antares Private Credit Fund filed an 8-K on Aug 21, 2026 reporting that, effective Aug 19, 2026, it entered into Amended and Restated Investment Advisory and Administration Agreements with Antares Capital Credit Advisers LLC. The changes amend and restate the prior agreements dated Oct 31, 2024 to address comments from certain state securities regulators related to the Fund’s continuous offering of common shares.
• On the same date the Fund’s Board adopted a Second Amended and Restated Declaration of Trust and Amended and Restated Bylaws to incorporate similar regulator-driven clarifications.

Key Details

• Effective date: August 19, 2026; prior agreements dated October 31, 2024 were amended and restated.
• Counterparty: Antares Capital Credit Advisers LLC (serving as both Adviser and Administrator).
• Revisions focus: updated indemnification and exculpation provisions; clarified which Administrator costs/expenses will not be borne by the Fund; clarified expense allocation and certain fiduciary duty language.
• Governance updates: clarified shareholder-requested special meeting procedures, updated quorum requirements for shareholder and trustee meetings, refined shareholder voting thresholds, and clarified trustee compensation arrangements.

Why It Matters

• These are governance and contract-level changes responding to state regulator comments about the Fund’s continuous offering. For investors, the amendments clarify who bears certain costs and strengthen or modify indemnification and fiduciary language—items that can affect shareholder protections and the Fund’s operating expenses. The changes are procedural and legal (not financial results): they do not report earnings or alter portfolio holdings but are material to the Fund’s governance and regulatory compliance.