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 ...