Octagon Hires Antares’ Michael Ahrens in Private Credit Push (1)

Octagon Credit Investors has hired Michael Ahrens to join its new private credit business run by Sean Sullivan as it seeks to expand into the $1.7 trillion market.

Ahrens will join Octagon as a principal next week after spending nearly 14 years at Antares Capital, where he was most recently a senior vice president covering private equity sponsors and underwriting across leveraged finance.

Primarily known for managing collateralized loan obligations, Octagon is looking to make inroads into the fast-growing private credit market and recently hired Sullivan from Morgan Stanley as a managing director to lead that effort.

Competition between ...