Antares Capital announced that Seth Katzenstein has joined the firm as Managing Director and Head of Broadly Syndicated Loans to build the firm’s broadly syndicated loan (“BSL”) business. Katzenstein will be based in New York and report to Vivek Mathew, Head of Asset Management.
Katzenstein brings more than 25 years of experience managing senior secured loan, high yield bond and distressed debt strategies across multiple market cycles. He joins from Intermediate Capital Group plc (“ICG”), where he established the firm’s US liquid credit platform and was Head of US Loans & High Yield, managing over $6 billion across 20 funds.
“We are thrilled to welcome Seth, a seasoned professional, to the Antares team,” said Timothy Lyne, CEO of Antares Capital. “Seth has extensive experience in managing tradable credit strategies and building credit platforms. He will undoubtedly be an integral addition to our team as we grow our broadly syndicated loan business to meet the evolving demand of our investors and better serve our clients.”
Prior to ICG, Katzenstein worked at Black Diamond Capital Management LLC as a Managing Director focused on portfolio management, credit trading and CLO origination. Prior to that, he joined GSC Group at the inception of its CLO platform, serving 13 years in various credit and portfolio management roles. Mr. Katzenstein started his career in investment banking at Salomon Smith Barney and holds a Bachelor of Business Administration from the Stephen M. Ross School of Business at the University of Michigan.
“I am excited to join Antares, an established firm with one of the largest and longest tenured portfolios in the middle market, and I look forward to working alongside industry experts to scale the firm’s broadly syndicated loan business,” said Mr. Katzenstein. “Leading the firm’s expansion into tradable credit is a great opportunity to bring my expertise to bear as we continue to deepen investor relationships and strive to deliver value to all stakeholders.”
In his new role, Katzenstein will also serve as a member of the Antares' broadly syndicated loan investment committee.
With more than $55 billion of capital under management and administration as of June 30, 2022, Antares is a private debt credit manager and a leading provider of financing and investment solutions for middle-market private equity-backed borrowers and investors. Since its founding in 1996, Antares has built one of the industry’s largest and longest-tenured portfolios of middle market companies and has been recognized by industry organizations as a leading provider of middle market private debt. Through its Asset Management & Funding team, Antares offers investors the opportunity to invest in collateralized loan obligations, funds and separately managed accounts. Antares is committed to championing middle market growth throughout market cycles. Doing so allows its people, partners and communities to achieve their full potential. The company maintains offices in Atlanta, Chicago, Los Angeles, New York and Toronto.