Antares Capital adds managing director

Greg Lawton was named managing director, asset management group at credit manager Antares Capital, said Allison Perkins, spokeswoman.

It is a new position. Mr. Lawton, who raises capital from institutional investors for the group, reports to Timothy Lyne, senior managing director and asset management leader.

Mr. Lawton was previously managing director at credit manager Crescent Capital Group. A Crescent Capital spokesman could not immediately provide information on a replacement.