Chicago credit firm Antares Capital hired Jack Snyder as managing director, head of U.S. Wealth Distribution, a new position at the $67 billion asset manager.
Reporting to Head of Asset Management Vivek Mathew, Snyder will oversee the launch of Antares’ private wealth strategy as he builds an internal and external wholesale team. Based in New York, he is expected to also play an integral role in increasing the firm’s assets under management through the development of strategic relationships in the wealth channel.
“Private wealth is an important driver of our growth strategy, and Jack’s addition will be critical in meeting the demand for alternative credit solutions in the private wealth channel,” said Mathew.
Snyder has more than two decades of alternatives distribution and wealth management experience. He has a track record of working in wirehouse, IBD, RIA and private bank channels. Previously, he was managing director, national sales manager for wirehouse and RIA channels and head of retail alternatives sales for First Eagle Investments. Prior to First Eagle, he was managing director, East regional manager, global private client group for Nuveen Investments.
“The U.S. wealth channel represents a vast market opportunity for alternative credit, which is why I’m excited to join Antares and build out their wealth platform,” said Snyder. “With Antares’ demonstrated track-record and extensive experience across market cycles, I’m confident that we can successfully expand the reach of the firm’s products and expertise to a wealth-focused audience across all leading financial intermediaries.”