Antares Capital Continues Expansion of Liquid Credit Business With Appointment of Andrew Stern
Strategic Addition of Stern Supports Growth of Liquid Credit Platform and Underpins Firm’s Expansion to Full-Scale Asset Manager
CHICAGO — Antares Capital (“Antares”) announced today that Andrew Stern has joined the firm as managing director, where he serves as a portfolio manager and trader for the firm’s Liquid Credit strategy. He also is a member of the firm’s Liquid Credit Investment Committee.
Mr. Stern has more than two decades of experience overseeing trading activities and managing senior secured loan, high yield bond and distressed debt strategies. He most recently served as managing director, portfolio manager and trader at Apex Credit Partners (“Apex”), part of the asset management platform of Jefferies Finance LLC, where he was responsible for managing over $5 billion across 18 collateralized loan obligation (“CLO”) vehicles and various warehouse facilities.
“We are thrilled to have Andrew join the team at an inflection point for the firm,” said Timothy Lyne, CEO of Antares Capital. “His experience and expertise across investment management and trading will be an asset to our growing Liquid Credit business, which is supported by the strength and infrastructure of our existing middle market origination and CLO platforms. Andrew’s addition underpins our expansion beyond our leading middle market private debt strategy to become a full-scale asset manager.”
Prior to Apex, Mr. Stern held various portfolio management and credit trading roles at firms including Rocwood Capital Management, where he invested in special situation and event-driven opportunities across the corporate capital structure, and Kingsland Capital Management and Katonah Capital, where he oversaw investments across senior secured loans and high yield bonds. Mr. Stern began his career at JPMorgan Securities and holds a Bachelor of Business Administration from the Goizueta Business School at Emory University.
“I am excited to be joining a firm with an established track record and strong relationships in the industry,” said Mr. Stern. “Supporting Antares’ expansion into liquid credit will allow me to build upon my expertise to deepen the firm’s investor base and broaden its offerings across the senior secured loan and high yield bond markets.”
Mr. Stern is based in New York and reports to Seth Katzenstein, managing director and head of Liquid Credit.
About Antares Capital
With more than $60 billion of capital under management and administration as of December 31, 2022*, Antares is a private debt credit manager and a leading provider of financing and investment solutions for middle-market private equity-backed borrowers and investors. Since its founding in 1996, Antares has built one of the industry’s largest and longest-tenured portfolios of middle market companies and has been recognized by industry organizations as a leading provider of middle market private debt. Through its Asset Management & Funding team, Antares offers investors the opportunity to invest in collateralized loan obligations, funds and separately managed accounts. Antares is committed to championing middle market growth throughout market cycles. Doing so allows its people, partners and communities to achieve their full potential. The company maintains offices in Atlanta, Chicago, Los Angeles, New York and Toronto. Visit Antares at www.antares.com or follow the company on LinkedIn at http://www.linkedin.com/company/antares-capital-lp. Antares Capital is a subsidiary of Antares Holdings LP, (collectively, “Antares”).
Contacts
Allison Perkins
+1 (203) 970-9907
[email protected]