With approximately $27 billion of capital under management and administration as of September 30, 2019, Antares is a private debt credit manager and … Their understanding of our business and our financing needs has been a key contributor to our growth.”. The Chicago lender “realigned staffing levels across the business to support our expanding asset management business while, at the same time, maintaining market-leading capabilities with respect to all areas of our business, including underwriting, syndication, sales and portfolio management. They act with a sense of urgency and as a collaborative partner to help ensure our success. Many of those let go were deal makers within Antares capital markets, people said. Antares has worked directly as a buyer, seller and co-investor with many Bottom of the Pyramid (BOP) focused impact investors. USA Today says Peter Navarro’s op-ed criticizing Fauci was ‘misleading’ and did not meet ‘fact-checking standards’ 5:59p. in Mathematics from Wellesley College. At Antares we are proud to be different by being consistent. This copy is for your personal, non-commercial use only. Compare pay for popular roles and read about the team’s work-life balance. Based on origination deal count and volume between August 21, 2015 – June 30, 2020. Prior to rejoining Vista in 2008, Mr. Cline worked as a General Partner at Accretive, an innovative venture capital firm focused on high-growth technology-enabled service companies. Antares, through its investment side, had made hay charging acquisition and capital market fees arranging financing for the real estate side, a 2 percent cut on every transaction the company closed. Antares is a major provider of loans for private equity deals. Antares was founded in 1996 by 12 partners with a vision to be a pre-eminent player in middle market private debt. … Madison targets middle market focused, private equity sponsors with cash flow based corporate finance products. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. The Covid-19 pandemic has ravaged the U.S. economy. Cons. (Ticker: GE), sold Antares Capital to Canada Pension Plan Investment Board, or CPPIB, in 2015. Approximate invested and available capital (including on balance sheet, through joint ventures, contract investor programs and advised clients) as of June 30, 2020. I started at Antares Capital as a consultant, then accepted a full time position as Senior Engineer. MRCC - key executives, insider trading, ownership, revenue and average growth rates. The current Antares layoffs are less due to Covid-19 and more to secular market shifts, the spokeswoman said. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. After closing the initial transaction, we typically continue to support our sponsors and borrowers for the entire life of a loan. View Shiv Kariwala’s profile on LinkedIn, the world's largest professional community. 2: Lead arranger role includes transactions where Antares was lead-left arranger, right-lead arranger and/or admin agent. 1: As of June 30, 2020, all figures are estimates and subject to change upon finalization.
Mental health is not an all-or-nothing concept. Barron's; 07/15/20; Barron's; Boeing Payments Give GE Cash Flow a Lift, UBS Says. The layoffs were done as the company is realigning staffing levels across the business in the context of significantly changing market dynamics. The industrials are jealous of capital GE sold off most of GE Capital Many upper managers are able to get quick accomplishments and then move on before the cracks in appear Terrible cost cutting before the bad news broke, now even worse Many employees don't feel anything about the history and legacy. Looking to the future: Biden’s proposed tax plan. For the best Barrons.com experience, please update to a modern browser. Bienvenue chez Antares Capital francophone. There are no industry restrictions, although Antares Capital does not invest in real estate, mineral exploration, distributors, franchisees, or project financings. Uncover why Antares Capital LP is the best company for you. David M. Brackett . The Canada Pension Plan Investment Board is buying Antares Capital, the U.S. sponsor lending portfolio of GE Capital, for total consideration of about $12-billion 1; bank lending. Private Equity Interview Course. TipRanks. 2020 Antares Compass; News & Events; Careers; Contact Us; Investor Portal; Leadership Team. An error has occurred, please try again later. Designed an environment that struck the right balance between open collaboration and individual workspaces; Several wellness features empower employees to lead a healthier lifestyle, including an onsite gym with a fitness trainer, a mother’s room and a meditation lounge; GE cash flow on the mend thanks to Boeing, UBS analyst says Antares Capital Advisers LLC, a subsidiary of Antares Capital LP (together with its parent companies, "Antares" or the "Company") announced the closing of Antares CLO 2020-1, Ltd., a $600 million collateralized loan obligation (CLO). Our sponsors and borrowers trust us because we deliver predictably and reliably, and are deeply committed to growing their businesses. Antares Capital Layoffs. 11/04 21:23. Jun-11-20 10:09AM : 3 Big Dividend Stocks Yielding Over 8%; Oppenheimer Says Buy. “Antares is always one of our first options to lead because of our long-term relationship, the trust we have in them and the hold sizes that they bring to the table.”. Thomson Reuters StreetEvents. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 3: Based on Refinitiv LPC League Tables as of December 31, 2019. The firm has also been downsizing its capital markets team, because so many private equity firms have their own units, the Antares spokeswoman said. Tournament operator BLAST has signed a partnership deal with Chinese smartphone manufacturer Nubia Technology. 3 Big Dividend Stocks Yielding Over 8%; Oppenheimer Says ‘Buy’ Yahoo 06/11 10:09 ET. The deal was valued at $12 billion. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Thanks! Antares Capital Hit With Layoffs as Deals Slide Yahoo 07/16 18:02 ET. Monroe Capital goes ex-dividend tomorrow SA Breaking News 06/11 09:48 ET. LIfestyle? The company is registered in Luxembourg with its headquarters in London in the United Kingdom. That is expected to drop significantly this year. https://www.barrons.com/articles/anteres-capital-hit-with-layoffs-as-deals-slide-51594936942. Antares Capital, the former lending unit of GE Capital, has laid off 10% of its staff or about 40 people, according to people familiar with the situation. General Electric A free inside look at company reviews and salaries posted anonymously by employees. In March the ECB committed to purchase up to 750 billion euros in government Monroe Capital. Antares Capital, the former lending unit of GE Capital, has laid off 10% of its staff or about 40 people, according to people familiar with the situation. We've detected you are on Internet Explorer. Lana is a vice president at Altaris and leads the firm’s capital markets activities. “We did our best to redeploy our capital markets team. Approximate invested and available capital (including on balance sheet, through joint ventures, contract investor programs and advised clients) as of June 30, 2020. Sudarsana Challa. 20 Antares Capital reviews. Helping investors diversify their portfolios through access to middle market loans originated by Antares which we believe can offer attractive risk-adjusted returns. The CLO represents the eighth CLO issued by Antares, bringing the company’s total CLO … Antares Capital Hit With Layoffs as Deals Slide. Businesses across the U.S. have closed down in an attempt to stop the spread of the virus. CPPIB expands its debt business in $12B deal to buy Antares lending unit of GE Capital. Barrons.com. Antares Capital announced that it recently finalized the hiring of its Loan Syndication, Sales and Trading team led by industry veteran, Kevin Burke.The team, hired from GE Capital, includes managing directors Anthony Diaz, Mark Familo, Erica Frontiero, Peter Nolan, John Timoney and Patrick Wallace. It competes against rivals such as Golub Capital (Ticker: GBDC), Madison Capital Funding and CPPIB remains bullish on the U.S. middle-market, where it invests through Antares Capital, which has about US$24 billion in assets. Antares’ world-class capital markets experts hold relationships with more than 400 banks and institutional investors allowing the firm to structure, distribute and trade syndicated loans on behalf of its customers. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Antares Capital LP The Company provides cash flow lending and loans. Nubia will provide its phone … Leverage your professional network, and get hired. Monroe Capital (MRCC): Q3 Non … Our Capital Markets analysts will assist in the entire syndication process including data and comparables analysis, preparation of marketing, syndication and rating agency material and review of internal deal approval. Antares Capital racks up $3bn for a latest private credit fund [more] Laxman Pai, Opalesque Asia: Antares Capital Advisers, the registered investment adviser arm of Antares Capital, has raised just over $3 billion for its latest credit fund, which will focus on providing financing to mainly mid-sized private equity-backed … Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. For more than 25 years, we’ve been providing innovative solutions for buyouts, acquisitions, growth capital, restructurings and recapitalizations. Jurisdiction: D. of Delaware (Judge Walrath) Capital Structure: $42mm Term Loan + $14.4mm RCF (Antares Capital LP), $23.6mm second lien debt (BL Restaurants Group Holding Corp.) Professionals: Capital markets, however, remains an important area for Antares, she said. A Look Into General Electric's Debt Yahoo 07/16 09:53 ET. During the financial crisis of 2009, the lender pulled out of the middle market and laid off staff. “We appreciate the fact that Antares maintains a significant hold position in the loans it syndicates. Exit ops? National Bankshares Inc. individual insider activity by MarketWatch. Through changing market cycles. Detailed rankings across overall employee satisfaction, leadership, career growth prospects, work/life balance and more. Jul-11-20 03:13PM : Edited Transcript of MRCC earnings conference call or presentation 11-May-20 3:00pm GMT . Antares is no stranger to bumps. Detailed company description & address for Monroe Capital Corp.. Jun-08-20 04:07PM : Monroe Capital … It typically finances deals valued at up to $1 billion. It’s nice to know they have our back.”. GE Capital employs between 1,000 and 2,000 people in Chicago and is home to key units of the finance arm, including GE Antares Capital, which specializes in … Find out what works well at Antares Capital LP from the people who know best. Antares Capital is the leading provider of financing solutions for middle-market, private equity-backed transactions. Valve continued to be the always innovating developer this week with the announcement of their support for high-end competitive play. With one of the largest portfolios of U.S. middle market, private-equity backed companies, we are entrenched in the market. Consistently, reliably. Antares Capital Hit With Layoffs as Deals Slide Yahoo 07/16 18:02 ET. Senior Managing Director New york. Read employee reviews and ratings on Glassdoor to decide if Antares Capital … We have an extremely strong credit culture – that’s been critical in making sure that we’re lending to companies that are resilient.”, November 2020 Admin AgentLead Left Arranger, October 2020 Admin AgentLead Left Arranger, September 2020 Admin AgentJoint Lead Arranger, September 2020 Admin AgentLead Left Arranger. Antares Capital LP offers financial services. Antares Capital Hit With Layoffs as Deals Slide. Log in or register to post comments. Antares Capital offers due diligence, loan terms and covenants, account monitoring, and other financial solutions. Professional Legal, Tax & Accounting Services to Your Particular Needs This has put millions of people out of work. Chief Executive Officer New york. Antares provides only equity investments, usually in the $500,000 to $5 million range. For more than two decades, Antares has delivered specialized capital solutions to help our private equity sponsors and their portfolio companies grow. Sarthe : toute l'actualité en direct, soyez informé des événements, de la politique, de la vie des villes et des territoires, des loisirs et des sports tout au long de la journée - … Our scale and experience have also made us a leading North American credit manager. Antares has been growing its asset management business, which now numbers 26 people, since its sale to CPPIB five years ago, she said. The capital markets unit typically syndicates and structures loans for a transaction. Antares Capital Hit With Layoffs as Deals Slide. This demonstrates their strong emphasis on credit quality and creates better alignment of interest across the entire syndicate.”, We provide more capital solutions and close more transactions for middle-market sponsors than anyone else.3  We do it year after year. Senior Managing Director Chicago. Barron's Doug Cannaliato. Monroe Capital EPS in-line, misses on revenue. With a time-tested, credit-based approach and reliable execution, we aim to deliver results for all our clients. Antares Capital services include corporate finance, business advisory regarding valuations and exit strategy, business combinations and mergers, due diligence, restructuring, business plans and proposals, presentations to investors. Chief Information … As part of the deal, the organizer will promote Nubia’s RedMagic 5S gaming phone throughout the BLAST Premier Fall Series Counter-Strike: Global Offensive tournament series. Lana received a B.A. Monroe Capital … Antares Capital's annual revenues are $100-$500 million (see exact revenue data) and has 100-500 employees. Antares Capital LP, the former lending unit of GE Capital has cut 10% of its jobs or about 40 employees. Founded in 1996, Antares is one of the biggest middle-market lenders. “We really do try to get deep diligence on every single deal,” Graham said. The decision to part ways with members of our team was extremely difficult, though necessary for our long-term growth,” the spokeswoman said. View the latest news on NKSH company insiders for their impact on company performance. Prior … Antares, during the current recession, is weathering the pandemic well and originating new deals, the spokeswoman said. 2,447 questions - 203 … Edited Transcript of MRCC earnings conference call or presentation 11-May-20 3:00pm GMT Yahoo 07/11 15:13 ET.