Antares Capital co-CEO and founding partner John Martin will retire at the end of April. Co-CEO David Brackett will become sole CEO. Brackett and Martin have served as co-CEOs since 2015, and both were founding partners of the firm in 1996.
Antares Capital closed more than 300 transactions in 2018 and issued nearly $25 billion in financing commitments, including $1.5 billion in new unitranche program commitments and $15 billion in syndicated credit facilities.
Antares Capital appointed Timothy Lyne as senior managing director and co-head of Sponsor Coverage and Vivek Mathew as head of Asset Management and Funding.
The International Factoring Association added four new members to its eight-member board of advisors for two-year terms. Each member is an executive from a commercial finance company.