CHICAGO–(COMMERCIAL THREAD) – Antares Capital, a private debt credit manager with more than $ 30 billion in capital under management and administration, today announced that Jeffrey Stammen will join the company as Managing Director, responsible for investor coverage in asset management.
Mr. Stammen will report directly to Vivek Mathew, responsible for asset management and financing, and will lead the company’s efforts to develop new relationships and raise capital from institutional investors as part of the growing business of Antares asset management. The company recently announced the closing of its first senior loan fund aimed at building a diversified portfolio of senior secured loans sponsored by US and Canadian borrowers.
âAdding Jeff to our team will allow us to deepen our relationships with the institutional investor community and deliver mid-market lending products that offer strong income and return potential,â said David Brackett, CEO Antares Capital. âJeff’s deep industry expertise and proven track record in raising institutional capital will expand access to our private lending solutions and enhance our asset management capabilities. ”
Mr. Stammen brings nearly three decades of private lending experience. He most recently served as Managing Director and Regional Sales Director of North American Institutional Distribution at Barings, a global investment management firm with $ 326 billion in assets under management. Prior to the merger that formed Barings, Mr. Stammen worked at Babson Capital where he helped develop the company’s distribution platform during a period of transformational growth and built the brand among the institutional investor base. worldwide.
âI couldn’t be more excited to join a growing team of seasoned professionals at Antares,â said Mr. Stammen. âAntares Capital is a leader in mid-market private credit structures, and I look forward to working alongside its world-class investment management team to help support the positive dynamics and growth of the management business. of assets. ”
Prior to joining Babson Capital, Mr. Stammen was recruited by Wachovia Securities to lead a sales team responsible for the distribution of structured credit products. He started his career at Citigroup where he led the credit derivatives and structured credit products business for Citi Private Bank.
With more than $ 30 billion in capital under management and administration as of December 31, 2020, Antares is a private debt credit manager and a leading provider of financing solutions for mid-market private equity-backed transactions. In 2020, Antares issued approximately $ 14 billion in financing commitments to borrowers through its strong product line, including senior revolvers, term loans and deferred drawing term loans, second lien term, unitranche facilities and equity investments. Antares’ global capital markets experts maintain relationships with more than 400 banks and institutional investors, enabling the company to structure, distribute and negotiate syndicated loans on behalf of its clients. Since its inception in 1996, Antares has been recognized by industry organizations as one of the leading providers of mid-market private debt. The company has 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, âAntaresâ).