Monica Kelsey joined Antares Capital, a private debt credit manager with more than $45.4 billion of capital under management and administration, as CFO. Additionally, Benjamin Concessi will join the firm as head of strategy and corporate development, a new role.
“We are excited to have Monica and Ben be a part of the Antares team,” Timothy Lyne, CEO of Antares Capital, said. “They both bring experience that will be critical to driving our next stage of growth, particularly as we build on our success as a market leader and expand our asset management business.”
Kelsey, based in Chicago, is a financial executive with a track record in the private credit space. She joined Antares Capital from Madison Capital Funding, where she served as CFO since 2004. Prior to that role, Kelsey was with UBS Global Asset Management as executive director of global finance. Earlier in her career, Kelsey worked as an auditor at PricewaterhouseCoopers.
Concessi, based in Toronto, is a strategist with experience in facilitating growth initiatives at banks, asset managers and insurers. He most recently served as a partner at McKinsey, where he had been since 2011. Previously, Concessi, a certified public accountant, was at Deloitte, working with clients on a range of accounting issues. He will be joining Antares Capital in mid-February.
Antares Capital also promoted Tyler Lindblad, who currently serves as chief credit officer, to chief investment officer to oversee all aspects of enterprise risk. With Lindblad taking on additional responsibilities, Shannon Fritz, senior managing director of credit, was promoted to chief credit officer. Unnati Gupta, who previously served as chief of staff to Antares Capital’s former CEO, David Brackett, will assume a new role as chief operations and innovation officer and be responsible for the firm’s operations, technology and facilities functions while also leading efforts to leverage technology and the firm’s data set to deliver greater insights to stakeholders.
“We have one of the best teams in the market and I’m proud of what we’ve achieved over the past 25 years,” Lyne said. “My leadership team is well positioned to drive greater value for stakeholders and stay true to our purpose to champion middle-market growth so that our people, partners and communities achieve their full potential.
“I’m particularly proud that Monica and Unnati will join the Antares’ executive committee, where I have no doubt that their unique perspectives and backgrounds will strengthen our decision making. As we seek to increase representation of underrepresented groups at all levels of our organization, these two leaders will be instrumental in helping us deliver on our commitment to build a more diverse, equitable and inclusive workplace.”