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Antares Capital Hires Andrew Stern as It Expands Liquid Credit Business

Antares Capital Hires Andrew Stern as It Expands Liquid Credit Business

Private debt credit manager Antares Capital appointed Andrew Stern managing director, where he will serve as a portfolio manager and trader for the firm’s $60 billion liquid credit strategy.

Based in New York, Stern reports to Seth Katzenstein, managing director and head of liquid credit.

Stern brings more than 20 years of experience to Antares overseeing trading activities and managing senior secured loan, high-yield bond and distressed debt strategies.

Previously, Stern was managing director, portfolio manager and trader at Apex Credit Partners, part 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.

“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,” said Stern.

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.