Worked closely with the parent company Mass Mutual on Disaster Recovery (Business Continuity Planning) and testing. View Bio. There are no industry restrictions, although Antares Capital does not invest in real estate, mineral exploration, distributors, franchisees, or project financings. Bienvenue chez Antares Capital francophone. 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. Daniel L. Barry. General Electric Curious how, with one exception, there was virtually no mention of Sun Capital’s involvement in any of the papers. Madison targets middle market focused, private equity sponsors with cash flow based corporate finance products. Read employee reviews and ratings on Glassdoor to decide if Antares Capital … Consistently, reliably. The layoffs were done as the company is realigning staffing levels across the business in the context of significantly changing market dynamics. 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 … They act with a sense of urgency and as a collaborative partner to help ensure our success. Professional Legal, Tax & Accounting Services to Your Particular Needs Antares is no stranger to bumps. MRCC - key executives, insider trading, ownership, revenue and average growth rates. 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 Hit With Layoffs as Deals Slide. Transformational Transaction Creates One of the Largest Automotive Service Providers in the U.S. David and Stephen Sorbaro Will … Antares Capital LP and Bain Capital Credit announced the formation of a joint venture providing a unified, private lender solution to private equity backed middle market borrowers.The joint venture, which will be marketed as the Antares Bain Capital Complete Financing Solution (ABCS), provides private equity sponsors and … With one of the largest portfolios of U.S. middle market, private-equity backed companies, we are entrenched in the market. The decision to part ways with members of our team was extremely difficult, though necessary for our long-term growth,” the spokeswoman said. Monroe Capital. This has put millions of people out of work. 1: As of June 30, 2020, all figures are estimates and subject to change upon finalization. That is expected to drop significantly this year. Jul-11-20 03:13PM : Edited Transcript of MRCC earnings conference call or presentation 11-May-20 3:00pm GMT . Senior Managing Director Chicago. It typically finances deals valued at up to $1 billion. In 2019, Antares issued approximately $17 billion in financing commitments. A free inside look at company reviews and salaries posted anonymously by employees. Glassdoor has 24 Antares Capital reviews submitted anonymously by Antares Capital employees. Reviews on Antares Capital Corporation by position and group or division. Antares Pharma, Inc. (ATRS) (“Antares” or “the Company”) today announced that it has entered into an amendment to its existing loan and security agreement with Hercules Capital, Inc. (HTGC), (“Hercules”), to increase the available debt capital by $25 million for a term loan of up to $50 million. USA Today says Peter Navarro’s op-ed criticizing Fauci was ‘misleading’ and did not meet ‘fact-checking standards’ 5:59p. “ESG factors, whether classified as such or not, have always been key for us in carrying out diligence. 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. With approximately $27 billion of capital under management and administration as of September 30, 2019, Antares is a private debt credit manager and … TipRanks. A Look Into General Electric's Debt Yahoo 07/16 09:53 ET. 11/04 21:23. It’s nice to know they have our back.”. Barrons.com. “Antares has been a flexible and supportive partner as we’ve executed on a very aggressive expansion strategy over the last several years. Monroe Capital (MRCC): Q3 Non … The deal was valued at $12 billion. Chief Executive Officer New york. With a time-tested, credit-based approach and reliable execution, we aim to deliver results for all our clients. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. Qu'est-ce que Antares ? Antares, during the current recession, is weathering the pandemic well and originating new deals, the spokeswoman said. CPPIB expands its debt business in $12B deal to buy Antares lending unit of GE Capital. Prior to joining Altaris, Lana was a member of the credit team at Antares Capital where she was responsible for structuring, underwriting, documenting and managing private equity-backed transactions. Antares has been growing its asset management business, which now numbers 26 people, since its sale to CPPIB five years ago, she said. Before joining Vista in 2001, Mr. Cline co-founded and served as the General Manager of Fandango, an internet-based movie ticketing business. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. The capital markets unit typically syndicates and structures loans for a transaction. Antares Capital Hit With Layoffs as Deals Slide Yahoo 07/16 18:02 ET. Their understanding of our business and our financing needs has been a key contributor to our growth.”. “We really do try to get deep diligence on every single deal,” Graham said. Sudarsana Challa. It is classified as operating in the Securities, Commodity Contracts & Other Financial Investments industry. The Company provides cash flow lending and loans. David M. Brackett . View the latest news on NKSH company insiders for their impact on company performance. Subsea 7 S.A. is a subsea engineering, construction and services company serving the offshore energy industry. View Bio. Founded in 1996, Antares is one of the biggest middle-market lenders. GE Capital, a unit of in Mathematics from Wellesley College. Our sponsors and borrowers trust us because we deliver predictably and reliably, and are deeply committed to growing their businesses. We have been involved in fundraising, both equity and debt, for over 50 portfolio companies for more than twenty years. “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.”. A division of New York Life Investment Management, Madison Capital provides Term Loan & Revolver participations up to $10 million; Equity Co-Investment Capital up to $2 million; and Fund Investments up to $2 million. Chief Information … The CLO represents the eighth CLO issued by Antares, bringing the company’s total CLO … Valve continued to be the always innovating developer this week with the announcement of their support for high-end competitive play. It competes against rivals such as Golub Capital (Ticker: GBDC), Madison Capital Funding and Compare pay for popular roles and read about the team’s work-life balance. 6:00p. Looking to the future: Biden’s proposed tax plan. Antares is a major provider of loans for private equity deals. Antares Capital LP, the former lending unit of GE Capital has cut 10% of its jobs or about 40 employees. 3 Big Dividend Stocks Yielding Over 8%; Oppenheimer Says ‘Buy’ Yahoo 06/11 10:09 ET. 0000008630 00000 n This site complies with the HONcode standard for 6 0000100568 00000 n 0000113666 00000 n That mental health is not a fixed condition is a very good thing because it means that people can take charge of their own mental health and move it up the … Detailed company description & address for Monroe Capital Corp.. … For the best Barrons.com experience, please update to a modern browser. Many of those let go were deal makers within Antares capital markets, people said. An investment in any products offered in any PDS or IM available from this website or with Antares does not represent a deposit with or a liability of National Australia Bank Limited ('NAB') or any other member of the NAB group of companies and is subject to investment risk, including possible delays in repayment and loss of income and capital invested. Exit ops? Capital markets, however, remains an important area for Antares, she said. Based on origination deal count and volume between August 21, 2015 – June 30, 2020. The firm, which employs 425 people, had more than $27 billion in assets under management and administration as of Dec. 31. Prior … Antares Capital LP The Company provides cash flow lending and loans. John Martin is Antares Capital's former CEO and Managing Partner. The current Antares layoffs are less due to Covid-19 and more to secular market shifts, the spokeswoman said. Antares Capital Hit With Layoffs as Deals Slide. Uncover why Antares Capital LP is the best company for you. A private venture capital firm investing equity capital in developmental and expansion stage companies and in management buy out opportunities ; Our partners are highly experienced operating managers and entrepreneurs, willing to be constructive and helpful to the management teams running the companies in our portfolio. Log in or register to post comments. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Shiv has 7 jobs listed on their profile. https://www.barrons.com/articles/anteres-capital-hit-with-layoffs-as-deals-slide-51594936942. 163 likes. At EL SEGUNDO, CA 7,000 SF. New Antares Capital Lp jobs added daily. Monroe Capital goes ex-dividend tomorrow SA Breaking News 06/11 09:48 ET. 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). It has been moving people to other areas within Antares like asset management or portfolio origination. The firm has also been downsizing its capital markets team, because so many private equity firms have their own units, the Antares spokeswoman said. View Bio. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Doug Cannaliato. 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. Thanks! Leverage your professional network, and get hired. Lana received a B.A. Antares Capital500 West Monroe Street, Chicago, IL 60661, Capital Under Management & Administration¹, Antares Supports Novacap’s Acquisition of Logibec, Antares Capital Closes Eighth CLO Transaction, Bringing CLO Assets Under Management to $7.5 Billion, Anthony Diaz to Lead Antares’ Loan Syndicate, Sales and Trading Team. We've detected you are on Internet Explorer. “We appreciate the fact that Antares maintains a significant hold position in the loans it syndicates. Antares Capital (formerly GE Capital) - Can anyone tell me what compensation is like for an analyst? 1; bank lending. Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved 1: As of June 30, 2020, all figures are estimates and subject to change upon finalization. Monroe Capital EPS in-line, misses on revenue. Approximate invested and available capital (including on balance sheet, through joint ventures, contract investor programs and advised clients) as of June 30, 2020. For more than two decades, Antares has delivered specialized capital solutions to help our private equity sponsors and their portfolio companies grow. The Covid-19 pandemic has ravaged the U.S. economy. 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. At Antares we are proud to be different by being consistent. Edited Transcript of MRCC earnings conference call or presentation 11-May-20 3:00pm GMT Yahoo 07/11 15:13 ET. GE cash flow on the mend thanks to Boeing, UBS analyst says 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. Through changing market cycles. That’s why Mergers & Acquisitions calls us “a shining example of those who thrive even in uncertain conditions.”, “I’ve worked with the Antares team for 17 years and have always been impressed by the care they take in understanding the dynamics of our business. In March the ECB committed to purchase up to 750 billion euros in government After closing the initial transaction, we typically continue to support our sponsors and borrowers for the entire life of a loan. Its portfolio is large and diversified. Because GE Antares … 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. Canada Pension Plan Investment Board has a $12-billion deal to acquire Antares Capital, a Chicago-based lender that caters to a broad range of mid-sized businesses throughout the United States. 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. He also serves as Senior Advisor at Victory Park Capital Advisors and is a board member of the Center for American Entrepreneurship. 2020 Antares Compass; News & Events; Careers; Contact Us; Investor Portal; Leadership Team. Barrons.com. Private Equity Interview Course. “We did our best to redeploy our capital markets team. Antares is prepared to swoop in to buy assets from cash-strapped lenders when the cycle turns, its chief executive officer said in July. Antares Capital Hit With Layoffs as Deals Slide. 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; 2,447 questions - 203 … 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 - … We have the breadth of expertise these clients can rely on over the long haul, even during uncertain times. 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 Since its founding in 1996, Antares has been recognized by industry organizations as a leading provider of middle market … Antares was founded in 1996 by 12 partners with a vision to be a pre-eminent player in middle market private debt. Past performance is not indicative of future results. View Bio. Lana is a vice president at Altaris and leads the firm’s capital markets activities. Antares Capital's annual revenues are $100-$500 million (see exact revenue data) and has 100-500 employees. Tournament operator BLAST has signed a partnership deal with Chinese smartphone manufacturer Nubia Technology. Antares Capital LP Company; Honda Motor Company Multinational conglomerate company; GE Measurement & Control Company; Abaco Systems Inc. Company; Dowty Rotol Company; GE-Shen Corp. Bhd Company; GE Aviation Systems Engineering company; ST Aerospace A-4SU Super Skyhawk Aircraft model; … Cons. Monroe Capital … Antares Capital offers due diligence, loan terms and covenants, account monitoring, and other financial solutions. 2: Lead arranger role includes transactions where Antares was lead-left arranger, right-lead arranger and/or admin agent. I helped the company grow in technology over seven years to ultimately sell for over a billion dollars. 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. Antares would not confirm how many employees were let go but only that the layoffs were “in the context of significantly changing market dynamics,” according to a spokeswoman. Senior Managing Director New york. 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. View Shiv Kariwala’s profile on LinkedIn, the world's largest professional community. 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