Antares Capital announced that Jeffrey Stammen will join the firm as Managing Director, Head of Investor Coverage in Asset Management.

Stammen will report directly to Vivek Mathew, Head of Asset Management and Funding, and lead the company’s efforts in developing new relationships and raising capital from institutional investors as part of Antares’ growing asset management business. The firm recently announced the closing of its inaugural Senior Loan Fund aimed at building a diverse portfolio of sponsor-backed senior secured loans to U.S. and Canadian borrowers.

“Jeff’s addition to our team will enable us to deepen our relationships with the institutional investor community and deliver middle market lending products that offer strong income and yield potential,” said David Brackett, CEO of Antares Capital. “Jeff’s deep expertise in the industry and established track record of raising institutional capital will expand access to our private credit solutions and enhance our asset management capabilities.”

Stammen brings nearly three decades of experience in private credit. He most recently served as the Managing Director and Regional Sales Head of North American Institutional Distribution at Barings, a global investment management firm with $326 billion in AUM. Prior to the merger that formed Barings, Mr. Stammen worked at Babson Capital where he helped to develop the firm’s distribution platform through a period of transformational growth and built the brand among the institutional investor base globally.

“I could not be more excited to join a growing team of seasoned professionals at Antares,” said Mr. Stammen. “Antares Capital is a leader in middle market private credit structures, and I am eager to work alongside its world-class investment management team to help support the positive momentum and growth of the asset management business.”

Prior to joining Babson Capital, Mr. Stammen was recruited to Wachovia Securities to lead a sales team responsible for structured credit product distribution. He began his career with Citigroup where he led the credit derivative and structured credit products businesses for Citi Private Bank.