24-07-2017 12:00 via

Inside Antares Capital’s remarkable cloud-first transformation

In 2015, Mary Cecola, CIO of Antares Capital, was faced with a dilemma.At the time, the middle-market private equity firm was a unit of GE Capital. Then GE decided to sell Antares to the Canada Pension Plan Investment Board (CPPIB) in a deal valued at about $12 billion."There were some unique challenges with the Antares divestiture," Cecola says. "The Antares infrastructure was all run by GE. We had an 18-month transition services agreement. I was brought in four months into that. I was the only
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