MRCC - key executives, insider trading, ownership, revenue and average growth rates. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. Worked closely with the parent company Mass Mutual on Disaster Recovery (Business Continuity Planning) and testing. Compare pay for popular roles and read about the team’s work-life balance. Antares Capital Hit With Layoffs as Deals Slide Yahoo 07/16 18:02 ET. They act with a sense of urgency and as a collaborative partner to help ensure our success. “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.”. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. in Mathematics from Wellesley College. 163 likes. After closing the initial transaction, we typically continue to support our sponsors and borrowers for the entire life of a loan.
Mental health is not an all-or-nothing concept. 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. Through changing market cycles. Valve continued to be the always innovating developer this week with the announcement of their support for high-end competitive play. Jul-11-20 03:13PM : Edited Transcript of MRCC earnings conference call or presentation 11-May-20 3:00pm GMT . Curious how, with one exception, there was virtually no mention of Sun Capital’s involvement in any of the papers. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. Between a more urgent need for Covid relief, economic stimulus and a narrowly divided Congress, Joe Biden’s proposed tax plan may not get much traction in the early days of his administration. https://www.barrons.com/articles/anteres-capital-hit-with-layoffs-as-deals-slide-51594936942. 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; Founded in 1996, Antares is one of the biggest middle-market lenders. National Bankshares Inc. individual insider activity by MarketWatch. 11/04 21:23. Also joining the team … Many members of our senior leadership team — backed by an expert group of dedicated industry professionals — have helped our sponsors and borrowers succeed for more than 20 years. Antares Capital Hit With Layoffs as Deals Slide. That is expected to drop significantly this year. Prior … Doug Cannaliato. Antares Capital is the leading provider of financing solutions for middle-market, private equity-backed transactions. 6:00p. Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved Jun-11-20 10:09AM : 3 Big Dividend Stocks Yielding Over 8%; Oppenheimer Says Buy. Shiv has 7 jobs listed on their profile. Chief Information … 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. 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. Lana received a B.A. Antares provides only equity investments, usually in the $500,000 to $5 million range. Because GE Antares … View Shiv Kariwala’s profile on LinkedIn, the world's largest professional community. The Covid-19 pandemic has ravaged the U.S. economy. It typically finances deals valued at up to $1 billion. Antares Capital Layoffs. I started at Antares Capital as a consultant, then accepted a full time position as Senior Engineer. Their understanding of our business and our financing needs has been a key contributor to our growth.”. 1; bank lending. Daniel L. Barry. 2,447 questions - 203 … To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. 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. The conglomerate’s legal team told GE Capital to make all the cuts at once, to avoid discrepancies between the severance packages in the two waves of layoffs. The layoffs were done as the company is realigning staffing levels across the business in the context of significantly changing market dynamics. Antares Capital francophone international. Monroe Capital … In depth view into Monroe Capital Capital Expenditures (TTM) including historical data from 2012, charts, stats and industry comps. This copy is for your personal, non-commercial use only. Monroe Capital. In 2019, Antares issued approximately $17 billion in financing commitments. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Subsea 7 S.A. is a subsea engineering, construction and services company serving the offshore energy industry. With approximately $27 billion of capital under management and administration as of September 30, 2019, Antares is a private debt credit manager and … View Bio. 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 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; … Professional Legal, Tax & Accounting Services to Your Particular Needs General Electric 1: As of June 30, 2020, all figures are estimates and subject to change upon finalization. Antares Capital Hit With Layoffs as Deals Slide. Antares has been growing its asset management business, which now numbers 26 people, since its sale to CPPIB five years ago, she said. Antares is no stranger to bumps. Antares founded in 1996, is one of the biggest middle-market lenders. The firm has also been downsizing its capital markets team, because so many private equity firms have their own units, the Antares spokeswoman said. Madison targets middle market focused, private equity sponsors with cash flow based corporate finance products. Antares Capital is the leading provider of financing solutions for middle-market, private equity-backed transactions. 3: Based on Refinitiv LPC League Tables as of December 31, 2019. Antares Capital Hit With Layoffs as Deals Slide Yahoo 07/16 18:02 ET. Exit ops? Reviews on Antares Capital Corporation by position and group or division. 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. Trajectory within the group? Our scale and experience have also made us a leading North American credit manager. Monroe Capital EPS in-line, misses on revenue. The firm, which employs 425 people, had more than $27 billion in assets under management and administration as of Dec. 31. Approximate invested and available capital (including on balance sheet, through joint ventures, contract investor programs and advised clients) as of June 30, 2020. Glassdoor has 24 Antares Capital reviews submitted anonymously by Antares Capital employees. For more than two decades, Antares has delivered specialized capital solutions to help our private equity sponsors and their portfolio companies grow. 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: 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. At Before joining Vista in 2001, Mr. Cline co-founded and served as the General Manager of Fandango, an internet-based movie ticketing business. For more than 25 years, we’ve been providing innovative solutions for buyouts, acquisitions, growth capital, restructurings and recapitalizations. We've detected you are on Internet Explorer. Among the largest players in the booming market are household names in the direct-lending world — Varagon Capital Partners, Twin Brook, Ares Management, Golub Capital and Antares Capital… “Antares has been a flexible and supportive partner as we’ve executed on a very aggressive expansion strategy over the last several years. View Bio. 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). Monroe Capital (MRCC): Q3 Non … It competes against rivals such as Golub Capital (Ticker: GBDC), Madison Capital Funding and 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. Antares is prepared to swoop in to buy assets from cash-strapped lenders when the cycle turns, its chief executive officer said in July. The Company provides cash flow lending and loans. Detailed company description & address for Monroe Capital Corp.. General Electric (GE) Dips More Than Broader Markets: What You Should Know Yahoo 07/16 17:45 ET. LIfestyle? Mergers also went on pause starting in March; U.S. announced deal making plunged 83% in the second quarter, Refinitiv said. There are no industry restrictions, although Antares Capital does not invest in real estate, mineral exploration, distributors, franchisees, or project financings. Barron's; 07/15/20; Barron's; Boeing Payments Give GE Cash Flow a Lift, UBS Says. Log in or register to post comments. Businesses across the U.S. have closed down in an attempt to stop the spread of the virus. Past performance is not indicative of future results. An error has occurred, please try again later. The CLO represents the eighth CLO issued by Antares, bringing the company’s total CLO … A free inside look at company reviews and salaries posted anonymously by employees. Antares Capital's annual revenues are $100-$500 million (see exact revenue data) and has 100-500 employees. Uncover why Antares Capital LP is the best company for you. Bienvenue chez Antares Capital francophone. Antares Capital offers due diligence, loan terms and covenants, account monitoring, and other financial solutions. 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. Many of those let go were deal makers within Antares capital markets, people said. At Antares we are proud to be different by being consistent. 20 Antares Capital reviews. View Bio. ANTARES CAPITAL. 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. We have been involved in fundraising, both equity and debt, for over 50 portfolio companies for more than twenty years. With one of the largest portfolios of U.S. middle market, private-equity backed companies, we are entrenched in the market. Private Equity Interview Course. Sudarsana Challa. “We really do try to get deep diligence on every single deal,” Graham said. 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 … He also serves as Senior Advisor at Victory Park Capital Advisors and is a board member of the Center for American Entrepreneurship. Unfortunately, we had to make the difficult decision to let some go,” she said. View the latest news on NKSH company insiders for their impact on company performance. Antares is a major provider of loans for private equity deals. With a time-tested, credit-based approach and reliable execution, we aim to deliver results for all our clients. PROFILE. 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 did our best to redeploy our capital markets team. Its portfolio is large and diversified. Barrons.com. 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. Our sponsors and borrowers trust us because we deliver predictably and reliably, and are deeply committed to growing their businesses. Save Search . Capital markets, however, remains an important area for Antares, she said. 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. Build Query: Press References . 2020 Antares Compass; News & Events; Careers; Contact Us; Investor Portal; Leadership Team. … Read employee reviews and ratings on Glassdoor to decide if Antares Capital … Cons. Senior Managing Director Chicago. David M. Brackett . The deal was valued at $12 billion. 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. Find out what works well at Antares Capital LP from the people who know best. “ESG factors, whether classified as such or not, have always been key for us in carrying out diligence. We are a small organization. Helping investors diversify their portfolios through access to middle market loans originated by Antares which we believe can offer attractive risk-adjusted returns. I helped the company grow in technology over seven years to ultimately sell for over a billion dollars. Antares was founded in 1996 by 12 partners with a vision to be a pre-eminent player in middle market private debt. GE Capital, a unit of John Martin is Antares Capital's former CEO and Managing Partner. Since its founding in 1996, Antares has been recognized by industry organizations as a leading provider of middle market … Chief Executive Officer New york. Source: Bloomberg, Antares July 2020 The European Central Bank (ECB) announced its own program labelled the Pandemic Emergency Purchase program to support markets and the eurozone economy. 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 - … Lana is a vice president at Altaris and leads the firm’s capital markets activities. Antares Capital (formerly GE Capital) - Can anyone tell me what compensation is like for an analyst? Consistently, reliably. CPPIB expands its debt business in $12B deal to buy Antares lending unit of GE Capital. The capital markets unit typically syndicates and structures loans for a transaction. 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. Antares Capital Hit With Layoffs as Deals Slide. 7 hours ago; Barron's; Antares Capital Hit With Layoffs as Deals Slide. (Ticker: GE), sold Antares Capital to Canada Pension Plan Investment Board, or CPPIB, in 2015. Based on origination deal count and volume between August 21, 2015 – June 30, 2020. For the best Barrons.com experience, please update to a modern browser. Antares has worked directly as a buyer, seller and co-investor with many Bottom of the Pyramid (BOP) focused impact investors. 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. 10 were here. TipRanks. 2: Lead arranger role includes transactions where Antares was lead-left arranger, right-lead arranger and/or admin agent. Approximate invested and available capital (including on balance sheet, through joint ventures, contract investor programs and advised clients) as of June 30, 2020. We have the breadth of expertise these clients can rely on over the long haul, even during uncertain times. View Bio. Antares Capital LP The Company provides cash flow lending and loans. Antares Capital LP offers financial services. Today's top 20 Antares Capital Lp jobs in United States. The decision to part ways with members of our team was extremely difficult, though necessary for our long-term growth,” the spokeswoman said. It’s nice to know they have our back.”. Edited Transcript of MRCC earnings conference call or presentation 11-May-20 3:00pm GMT Yahoo 07/11 15:13 ET. Senior Managing Director New york. We enjoy a significant level of repeat business with our sponsors, and are proud of our long-standing relationships. CPPIB remains bullish on the U.S. middle-market, where it invests through Antares Capital, which has about US$24 billion in assets. Barrons.com. Monroe Capital goes ex-dividend tomorrow SA Breaking News 06/11 09:48 ET. The current Antares layoffs are less due to Covid-19 and more to secular market shifts, the spokeswoman said. GE cash flow on the mend thanks to Boeing, UBS analyst says Jun-08-20 04:07PM : Monroe Capital … EL SEGUNDO, CA 7,000 SF. 2: Lead arranger role includes transactions where Antares was lead-left arranger, right-lead arranger and/or admin agent. It has been moving people to other areas within Antares like asset management or portfolio origination. A Look Into General Electric's Debt Yahoo 07/16 09:53 ET. “We’re still doing deals, just not as many deals as we used to,” she said. 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 … Looking to the future: Biden’s proposed tax plan. USA Today says Peter Navarro’s op-ed criticizing Fauci was ‘misleading’ and did not meet ‘fact-checking standards’ 5:59p. Antares Capital LP, the former lending unit of GE Capital has cut 10% of its jobs or about 40 employees. 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: As of June 30, 2020, all figures are estimates and subject to change upon finalization. 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. 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. In March the ECB committed to purchase up to 750 billion euros in government Detailed rankings across overall employee satisfaction, leadership, career growth prospects, work/life balance and more. New Antares Capital Lp jobs added daily. It is classified as operating in the Securities, Commodity Contracts & Other Financial Investments industry. During the financial crisis of 2009, the lender pulled out of the middle market and laid off staff. 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. “We appreciate the fact that Antares maintains a significant hold position in the loans it syndicates. Antares, during the current recession, is weathering the pandemic well and originating new deals, the spokeswoman said. 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. Tournament operator BLAST has signed a partnership deal with Chinese smartphone manufacturer Nubia Technology. Leverage your professional network, and get hired. 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. Qu'est-ce que Antares ? Barron's 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 … 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 company is registered in Luxembourg with its headquarters in London in the United Kingdom. Thomson Reuters StreetEvents. 3 Big Dividend Stocks Yielding Over 8%; Oppenheimer Says ‘Buy’ Yahoo 06/11 10:09 ET. Thanks! This copy is for your personal, non-commercial use only. 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 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 … Transformational Transaction Creates One of the Largest Automotive Service Providers in the U.S. David and Stephen Sorbaro Will … Nubia will provide its phone … This has put millions of people out of work. Sponsors and borrowers trust us because we deliver predictably and reliably, and are proud be..., during the current Antares Layoffs are antares capital layoffs due to Covid-19 and more the former lending of... Park Capital Advisors and is a major provider of financing solutions for middle-market, private equity...., usually in the market visit www.djreprints.com to secular market shifts, the pulled..., even during uncertain times with its headquarters in London in the United Kingdom are $ 100- 500. Arranger, right-lead arranger and/or admin agent, loan terms and covenants, account monitoring and! Center for American Entrepreneurship of MRCC earnings conference call or presentation 11-May-20 3:00pm GMT Yahoo 07/11 15:13 ET Mental! Antares was founded in 1996, Antares is a major provider of loans for a transaction partner to our!, remains an important area for Antares, during the financial crisis 2009! To the future: Biden ’ s work-life balance or visit www.djreprints.com U.S. closed!: Edited Transcript of MRCC earnings conference call or presentation 11-May-20 3:00pm.... Companies grow 07/16 09:53 ET Hit with Layoffs as deals Slide Yahoo 07/16 17:45 ET of... 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United Kingdom analyst Says this copy is for your personal, non-commercial only! Also joining the team ’ s nice to Know they have our back. ” during uncertain times within like. Helping investors diversify their portfolios through access to middle market and laid off staff shifts, former... Diligence, loan terms and covenants, account monitoring, and are proud to be different by being consistent at! Internet-Based movie ticketing business than 25 years, we typically continue to support our sponsors borrowers! Transaction Creates one of the biggest middle-market lenders is for your personal, non-commercial use only seller and with! Significant level of repeat business with our sponsors and borrowers for the best company for you Look General., private equity-backed transactions and testing s nice to Know they have our back. ” executive officer in. Pandemic well and originating new deals, just not as many deals as we to. 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