Seth Katzenstein joined Antares Capital as managing director and head of broadly syndicated loans to build the firm’s broadly syndicated loan business. Katzenstein will be based in New York and report to Vivek Mathew, head of asset management.
Antares launched REACH, an initiative which will allocate $1 million of Antares’ own capital to a grant program in partnership with Hello Alice, a multichannel platform that helps businesses launch and grow.
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.
Timothy Lyne, founding partner and current chief operating officer of Antares Capital, will succeed David Brackett as CEO of the firm. Brackett will retire from his role as CEO on Dec. 31 and will remain with Antares in an advisory capacity.
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.
Both Bain Capital and Antares Capital have global reputations as investment firms. So there was more than a bit of frisson in the lending world when the two companies announced a joint venture in December. This unique unitranche platform combines the strengths of both companies and provides an unusual opportunity for partnership. Bain Managing Director Michael Ewald and Antares Senior Managing Director Timothy Lyne share their thoughts about the new platform with ABF Journal Editor Nadine Bonner.
Greg Lawton has joined the Antares Capital’s asset management team as managing director, raising capital from institutional investors for the firm’s asset management group.