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May 22, 2015 1:15 PM ET

Capital Markets

Company Overview of GE Antares Capital

Company Overview

GE Antares Capital is a private equity investment arm of a unit of GE Capital specializing in leveraged buyouts, recapitalization, and restructurings finance capital to equity sponsors and companies in the middle market and provides access to proprietary transactions and emerging markets. The firm seeks to invest in all industries. It typically provides senior debt (cash flow and asset based), junior capital (second lien and mezzanine), structured equity, interest rate management, cross border lending, and leasing. The firm provides cash flow based senior secured loans and mezzanine loans ranging from $20 million to $200 million. It prefers to make equity co-investments between $0.25 million...

500 West Monroe Street

Chicago, IL 60661

United States

Founded in 1996

Phone:

312-697-3999

Fax:

312-697-3998

Key Executives for GE Antares Capital

President and Chief Executive Officer
Senior Managing Director
Senior Managing Director
Senior Managing Director
Senior Managing Director
Compensation as of Fiscal Year 2014.

GE Antares Capital Key Developments

GE Reportedly Limits Bidders For Sponsored Finance Business To 12

General Electric Company (NYSE:GE) (GE) has limited the bidders for its unit. Three sources stated that the company has sent out nondisclosure agreements (NDAs) to potential bidders of its sponsored finance business, which includes GE Antares Capital. They added that GE is limiting the field to 12 interested buyers. Part of the sale includes a joint venture between GE has with Ares Management, L.P. (NYSE:ARES), the people said. According to the banker, so far, Apollo Global Management, LLC (NYSE:APO), Ares and Mitsubishi UFJ Financial Group, Inc. (TSE:8306) have signed the NDAs. Two other sources added that Macquarie Group Limited (ASX:MQG) is in talks to partner with Ares to make a bid for GE’s sponsored finance unit. According to the news report, tt’s unclear if Macquarie has signed the NDA. Recently, Bloomberg reported that Apollo, Ares and SunTrust Banks, Inc. (NYSE:STI) were weighing making offers for the GE unit. Citigroup is advising on the deal. First rounds bids are due in May 2015, Bloomberg said. It further added that the unit is likely to fetch more than $10 billion. According to the report, Executives for Apollo, Ares, GE, Macquarie and SunTrust declined comment. Mitsubishi could not be reached for comment.

GE Antares Closes 200 Senior Loan Transactions

GE Antares announced that it has closed more than 200 senior loan transactions with corporate borrowers across 88 private equity firms, including 62 new platforms, totaling more than $27 billion in financing in 2014, making it the most active lender to private equity-backed companies in the middle market. In addition, the company closed $2.5 billion in commitments in 2014 through the Senior Secured Loan Program, jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital. Since January 2010, the SSLP has committed approximately $16.8 billion to middle market borrowers, most of it in the form of unitranche loans that provide clients with faster closings using simpler loan structures. In 2014, the company held 330 one-on-one Access GE engagements, touching 280 unique borrowers who leveraged GE's global insights, resources, tools and best practices. Through GE Antaresâ partnership with the GE Global Research Center (GRC), one of the worldâ s first industrial labs, and GEs industrial businesses, the company originated 60 potential joint R&D projects, new supplier relationships and licensing partnerships with private equity clients and their portfolio companies. Expanding its coverage of sponsors serving the lower middle market, the company added three senior bankers in 2014 who closed lower midmarket transactions totaling $250 million.

GE Antares Capital Presents at CVCA Annual Conference, May-21-2014 03:45 PM

GE Antares Capital Presents at CVCA Annual Conference, May-21-2014 03:45 PM. Venue: The Westin, Ottawa, Ontario, Canada. Speakers: Richard D Kinlough, Managing Director.

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