Antares Capital named Andrew Stern managing director, where he will serve as a portfolio manager and trader for the $60 billion firm’s Liquid Credit strategy.
He also now serves as a member of the investment committee for the liquid credit investment committee. Based in New York, Stern reports to Seth Katzenstein, managing director and head of Liquid Credit.
“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.”
Previously Stern was managing director, portfolio manager and trader at Apex Credit Partners, prt of the asset management platform of Jefferies Finance, where he was responsible for managing over $5 billion across 18 collateralized obligation vehicles and various warehouse facilities. Before Apex, he 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.
“I am excited to be joining a firm with an established track record and strong relationships in the industry,” Stern said. “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.”