Not sure on comp, but typically credit funds will do a wider array of lending (senior, unitranche, first out, ABL, TLB, second lien, sub) while mezz focuses on sub debt tranches. real person. AB-PCI manages approximately $9.2 billion in capital available for investment and offers a range of financing solutions to middle market companies, including having the capacity to invest up to . Our customized financing solutions and efficient transaction process provide greater certainty for middle market companies. Its Global Private Finance strategy represents its middle market direct lending strategy and totals $11bn in assets under management. Get email updates for new Private Investor jobs in United States. AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. You may wish to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions. Firm: Guggenheim Investments AllianceBernstein Private Credit Investors Overview AllianceBernstein Private Credit Investors (AB-PCI) was founded in April 2014 with a mandate to grow into a multi-billion dollar private corporate credit investing platform. For purposes of this agreement, GrowthCap means GrowthCap, LLC and its subsidiaries and other affiliates, and their officers, directors, managing directors, partners and employees. In addition, the firms asset management division (GSAM), which started in 1988 and currently manages over $1.5tn in assets, also includes private debt investing activities. GrowthCap shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever, for: 1. pour nous faire part du problme. Leuchtman holds a BA in political science and an MHA from the University of Florida. They are called private because unlike publicly . Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Dedicated Focus: Focus on direct lending in the core US middle market, Deep Sector Expertise: Select sectors of focus, including software, healthcare, digital infrastructure & services, franchising, Sponsor-Centric: Deal flow historically driven from sponsor-backed borrowers; proven ability to lend to non-sponsor companies, Capital Structure Flexibility: Ability to participate throughout the capital structure, albeit with a first-lien bias, Valuation-Based Philosophy: Investment decisions supported by robust fundamental and valuation analysis, Asset Selection Mentality: Focus on executing transactions with the strongest risk-adjusted returns, Effective Fund Structures & Appropriate Portfolio Financing, Opportunities Remain for Well-Positioned Lenders, Middle Market Direct Lendings Illiquidity Premium Shines in Current Market, COVID-19: The Growth Opportunities and Challenges, California Consumer Privacy Act Disclosure, Primarily invest in directly originated senior secured loans, Investee profile: sponsor-backed companies in the US middle market, Flexibility to invest in junior debt, structured equity and equity co-investments, 14 managing directors with an average of 23 years of experience, Select team members working together since 2004, Established middle market private credit and equity asset manager, $22.7 billion in gross commitments across 500+ transactions, Current capital available for investment totals $15.2 billion, Floating-rate exposure and diversification, Highly diversified portfolios of primarily senior secured loans, Stable and efficient structured portfolio financing. The firms activities are spread across a variety of products, including primaries, secondaries, co-investments, real assets, and private credit. Headquarters: New York, NY. Before joining GE Capital, he worked for M&I Bank in correspondent banking. Miller holds a BA in international relations from the University of Memphis and a MAcc from the University of Southern California. Si continas recibiendo este mensaje, infrmanos del problema 2. Based on your input and our analysis. R C People of color, women, and those who identify as LGBTQ people are encouraged to apply. Additional pay could include bonus, stock, commission, profit sharing or tips. The information on this website has been prepared for informational purposes without regard to any particular users investment objectives, financial situation, or means, and GrowthCap is not soliciting any action based upon it. We offer a range of financing solutions customized for the needs of our borrowers. Initiative/Work Ethic: Self-starter. Dolor vel quod est officiis magnam porro omnis. message, contactez-nous l'adresse LPs, what do you think of ESG and impact investing? Most people definitely just move to a different kind of credit investing. AB Private Credit focuses on midsize corporate borrowers with EBITDA of $5m to $50m and enterprise values of $75m to $500m, both in sponsored and unsponsored situations. GrowthCap's Top 20 Private Debt Firms of 2019 | GrowthCap It operates across three main strategies, including middle market lending, late stage lending, and broadly syndicated loans. Prior to this, Barry spent nine years in Dublin, Los Angeles and New York with middle-market credit fund AIB Debt Management, where he was focused on underwriting leveraged buyouts, ABL and real estate credit investments. Prior to joining Barclays, Humphries served as group head, generalist financial sponsor coverage for Goldman Sachs Specialty Lending Group, and later led its structured private equity initiative. Headquarters: Los Angeles, CA. The adviser's REGISTRATION status is listed below. Disculpa Nulla libero velit provident sed et dolorum. U allstar101. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high net worth investors. AB Private Credit Investors Culture | Comparably Pyeatt holds a BS in financial planning from Texas Tech University. Does anyone in here work in compliance at AllianceBernstein? We offer the right mix of capital flexibility and experience to partner with middle market companies. There are too many to name. TIA. Client Skills: Forms effective relationships with counterparts at investee companies, including financial sponsors and senior executives. Are you sure you wouldnt like a free professional resume evaluation? I could be wrong. GrowthCap makes no representations with respect to information, software, or products from any of the Sites, including any representations regarding the content or sponsors of the Site, or the suitability or appropriateness of the products or transactions described therein. They also initiated a senior loan strategy in 2008 focused on financing for mid- to large-sized leveraged buyout, recapitalization, and refinancing transactions. They began with a focus on mezzanine, having deployed over $30bn since inception. Lamentamos He was formerly a vice president on the Credit team at AB Private Credit Investors, where he was involved in structuring, underwriting and execution, and portfolio management. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. AB Private Credit represents the $8bn direct lending arm of AllianceBernstein, the $550bn global asset manager. Requires minimal supervision. or Want to Sign up with your social account? Defends position and answers questions well. - AB Private Credit Investors . Main Street has invested in more than 180 companies across 50 industries since inception. Forms opinions and is discreet about confidential information. G The ETF aims to deliver higher levels of yield relative to cash or cash-like investments, while aiming for capital preservation in all market cycles. Typically consists of a base of $110-$120k and the remainder is bonus. Possimus quis eveniet at quo. Can anyone explain what types of debt / funding a BDC can offer? Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. Location: Austin, Chris Lanshe joined AB in 2016 and is a Director with AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Headquarters: New York, NY. Location: Austin, Kevin Alexander joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he is also a member of the investment committee. AB Private Credit Investors provides financing to middle market companies for acquisitions, including leveraged buyouts; recapitalizations; refinancings; and growth investments. Onze 6. Firm: Crestline Investors F GrowthCap Partners, LLC has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Associate, Private Credit Investors in AB LP. an. Is credit trading, or doing credit research on a desk at a BB and then moving to a direct lender / BDC a realistic option? Please enable Cookies and reload the page. Our industry sector experience includes: AB Private Credit Investors (AB-PCI) provides investment advisory services with respect to private credit investment portfolios for institutional and high net worth investors. As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. I'll expand a little on why I think this is the right answer: In a lot of countries banks are the primary means of extending credit into the economy. Location: Austin, Chief Operating Officer and Founding MemberAB Private Credit Investors, Wesley Raper joined AB in 2014 as a founding member and Chief Operating Officer of AB Private Credit Investors, where he is involved in strategy and planning, operations, financing, accounting, portfolio analyses, cash management and compliance. I'm sure it would be possible seeing as the focus would be credit, but I get why they would primarily recruit lev fin analysts. They will also selectively consider mezzanine debt investments. Firm: GSO Capital Partners (Blackstone) Prior to joining AB, Cole was an associate with the Merchant Banking Group at BNP Paribas, where he focused on originating, underwriting and syndicating leveraged loans for sponsor-backed transactions. Total number of employee profiles an organization has on Crunchbase, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. 1 spot earning an 85.3. Masters the appropriate analytical techniques and financial models. Y T The firm currently manages more than $24bn in total assets. Before TriplePoint Capital, he spent three years at Silicon Valley Bank in New York, where he built a team focused on providing debt and equity solutions to Series A and growth-stage companies in the venture ecosystem. Bain Capital Credit employs 294 investment professionals in a multi-strategy approach across global bank loans, structured credit, high income and multi-asset credit, distressed and special situations, as well private debt opportunities. Basically its a function of how easy it is to be a non-bank lender in the US vs ROW. She holds a BBA in finance as well as an MBA from the University of Texas at Tyler. AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. Total 2 Salaries. Such information is regularly sent to off-site storage facilities. Headquarters: Zug, Switzerland | Denver, CO. Partners Group is one of the largest investment managers in the world focused exclusively on the private markets. Company's service/treatment of others. Companies typically have robust business models, strong competitive positions, sustainable enterprise value and predictable cash flow profiles. I've seen them move to mezz funds, but less commonly equity funds. The firm focuses on companies with $10m to $150m in revenue and $3m to $20m in EBITDA. Kocher holds a BBA and MPA from the University of Texas at Austin. Est aperiam commodi molestiae exercitationem cum. B This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. Flexible. Companies in eight different business categories were surveyed including ETF/fund companies, online brokerages, wealth managers, credit card companies, banks, and auto, home and life insurers. Our fully committed financing solutions and efficient transaction process provide the certainty and flexibility required in todays competitive M&A market. Headquarters: Charlotte, NC. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Nobis ad corporis enim cumque. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. It's just something I have seen here an there. In my experience (limited to Real Estate), debt doesn't pay as well across the board as return profiles are generally far more conservative. He was previously a vice president at Cerberus Capital Chicago, responsible for sourcing, structuring and executing debt financings for financial sponsors. 10. Location: Austin, Bob Bielinski joined AB in 2015 as a Managing Director of AB Private Credit Investors, where he leads the teams originations activities in the financial services industry and in the restaurant and franchising industries. Related Searches:All Private Wealth Associate Salaries|All AllianceBernstein Salaries. If after a significant business disruption you cannot contact us as you usually do at (646) 679-1711, you should go to our website at www.growthcapadvisory.com. Prior to Escalate, he helped start Alert Media, a mass-notification software business based in Austin, Texas. https://www.bloomberg.com/news/articles/2018-06-01/public-pensions-gorge-on-private-debt-in-quest-for-big-returns. 9. We are relationship-focused, with a long history of supporting the growth needs of our borrowers. The direct lending effort is focused exclusively on highly negotiated investments in middle market companies for growth financings, recapitalizations, and acquisition financings. Q GrowthCap expressly disclaims all warranties, including any warranty as to the correctness, quality, accuracy, completeness, reliability, performance, timeliness, or continued availability of any information on this website, and any implied warranties, including any implied warranty of merchantability or fitness for a particular purpose. Quia molestias nihil ad laudantium rerum et doloremque. Read what they think about their salaries on our Compensation FAQ page for AllianceBernstein. AB Private Credit Investors Director 2018. Before that, Fear was a vice president focused on M&A advisory at Robert W. Baird in London and Chicago. Molestiae nihil adipisci illum quia magni. Grimm holds a BS in mechanical engineering from Tulane University and an MBA from the Samuel Curtis Johnson Graduate School of Management at Cornell University, where he was a Roy H. Park Leadership Fellow. She was formerly an analyst in the Consumer and Retail Investment Banking Group at J.P. Morgan and an analyst in private wealth management at Goldman Sachs. excuses voor het ongemak. Si vous continuez voir ce Izzo holds a BA in economics from Princeton University. WhiteHorse, the credit affiliate of H.I.G. The firms U.S. direct lending strategy, which is handled through Ares Capital Corporation (NASDAQ: ARCC), represents the largest BDC in the United States. Crowdsourced from 750k+ members. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. That said, some switch to lev finance. Firm: AB Private Credit Headquarters: New York, NY. He holds a BBA with a concentration in finance and accounting from Texas Christian University. BlackRock is the largest asset manager in the world with approximately $6 trillion in assets under management globally. W AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. Angel, Fund of Funds, Venture Capital). Prior to that, Kocher was an operational due diligence analyst at Barclays Wealth Americas and Barclays Global Investors. The firms credit platform is deep, providing solutions across distressed, performing, residential & consumer, energy, middle market direct lending, commercial real estate, and liquid credit strategies. He was previously a director with Barclays Private Credit Partners, where he held a similar role. We will never share, sell, or rent individual personal information with anyone for their promotional use without your advance permission or unless ordered by a court of law. Financial Services. REGISTRATION STATUS. Location: Austin, Evan Cohen joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he is also a member of the investment committee. Bielinski holds BS degrees in electrical engineering and management from Massachusetts Institute of Technology (MIT) and an MBA from the Kellogg School of Management at Northwestern University. Prior to CIT, he was a managing director with Challenger Capital Group, a middle market investment bank. Prior to that, Raper was a vice president in the Information Technology Group at Barclays, where he was responsible for building the technology platform for the leveraged-finance business. I like Fitch's Annual Leveraged Loan Primer; Fabozzi is good if you need an overview of the Asset Class. It's FREE. Can anyone discuss their experience working at a private credit fund (senior loan fund, BDC, etc.)? Written Communication Skills: Writes in an organized, concise, and persuasive manner. Private credit is a way for businesses to raise capital (money). AB-PCI is a relatively small group of senior investment professionals with a close-knit culture. Guggenheim is a global asset management and investment advisory firm with more than $203bn in assets under management. Averages based on self-reported salaries. Research salary, company info, career paths, and top skills for Associate, Private Credit Investors Brent Humphries is the president and founding member of AB Private Credit Investors, the middle market direct lending platform of Alliance Bernstein. Location: Austin, Managing DirectorAB Private Credit Investors, Alex Barry joined AB in 2022 and is a Managing Director with AB Private Credit Investors, where he leads its Tech Capital Solutions strategy. Groves holds a BSBA in finance and leadership studies from the University of Richmond. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%10%+. Companies in eight different business categories were surveyed including ETF/fund companies, online brokerages, wealth managers, credit card companies, banks, and auto, home and life insurers. Before that, he was a senior mechanical design engineer with Motorola. Do you want to receive a free, professional resume evaluation from TopResume? He holds a BS in business from Tulane University and an MBA from the Kellogg School of Management at Northwestern. Ethical business practices and values. S verdade. Neither GrowthCap nor any of its third party providers shall have any responsibility to maintain the data and services made available on this website or to supply any corrections, updates, or releases in connection therewith. Millers experience at GE Capital also included several years of underwriting, portfolio management and debt restructuring. para informarnos de que tienes problemas. 12. Our model gets smarter over time as more people share salaries on Glassdoor. Access to this website is provided by GrowthCap. San Francisco Bay Area, Silicon Valley), This is the parent Organization of the sub-organization, Operating Status of Organization e.g. You can update your choices at any time in your settings. In addition to the reasons previously mentioned ie US private equity and bank regulation (leveraged lending guidance was a major catalyst of the boom we're seeing in the private credit), a lot of it also comes down to just lack of creditor protections in some foreign jurisdictions. Makes persuasive arguments. The firm will participate in both sponsored and unsponsored situations. This sector knowledge allows us to tailor financings to a company's specific needs and ensure quick and efficient transaction execution. H BDC 2nd Year Analyst - 100-110K Base, 50-70K bonus. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. All fields are required for calculation accuracy. P Vp/vice President Of Ab Private Credit Investors salary is full-time annual starting salary. [NYSE: YEAR]: The AB Ultra Short Income ETF, an actively managed ETF, seeks to provide current income, consistent with preservation of capital. Today the firm is positioned as a global investment manager across multiple asset classes with $196bn in assets under management. Engage in conversations about Private Wealth Associate pay with other professionals in the community. I Why's that? Ci Quality of products and services. He holds a BBA with formal concentrations in both accounting and finance from the Michael G. Foster School of Business at the University of Washington. Headquarters: New York, NY. Number of Current Jobs 1. Ab Private Credit Investors Email, Phone Number, Employees, Competitors Si continas viendo este mensaje, She joined AB Private Credit Investors in 2016 as an associate. You have some at large BBs (e.g. I would expect a possible next role to be a different kind of credit investing. The firms middle market activities are focused on businesses with between $5m and $100m in EBITDA, with the flexibility to provide unitranche, senior debt, revolvers, and delayed draw term loans. D Shaw and Merrill Lynch. He is also responsible for coverage of financial sponsors located in Austin, Texas. Sign in to create your job alert for Private Investor jobs in United States. GrowthCap is a trade name for GrowthCap, LLC and its subsidiaries and other affiliates which include: GrowthCap Partners, LLC, a Delaware limited liability company, registered broker-dealer and FINRA and SIPC member firm, which provides independent financial advice on private placements, mergers, acquisitions, financial restructurings and similar corporate finance matters, and financial advisory. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. Headquarters: New York, NY. NO WARRANTIES AS TO CONTENT; NO LIABILITY FOR CONTENT. Earlier this year, we wrote about The Rise of Private Debt Investing. We offer a range. Wouldnt really make sense. Intuitively I would think it's much easier to generate high fees investing in equities than lending at par. It depends on when you jump. 4. Location: Austin, Sean Kennedy joined AB in 2014 and is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Previously, he was a vice president in GE Capitals Sponsor Finance Group (now Antares Capital), where he originated investments in the technology and media industries. We are fundamental investors and employ a rigorous approach to credit analysis that enables us to properly assess credit risks and underwrite the underlying value of the businesses we support. U Headquarters Regions Southern US; Sub-Organization of . Headquarters: New York, NY. Industry focus areas include business and financial services, consumer and healthcare, and media, information services, and technology. For LevFin Primers I like BAML and Jefferies. I think the big PE/private credit funds exist due to regulation on what loans banks can extend and also lending to weaker credits (or structuring unique deals rather than vanilla loans). AB Private Credit Investors - Crunchbase Investor Profile & Investments 1. We have a broad investing mandate centered on resilient and diversified business models. These Terms and Conditions of Use are not intended to, and will not, transfer or grant any rights in or to the information other than those which are specifically described herein, and all rights not expressly granted herein are reserved by GrowthCap or the third party providers from whom GrowthCap has obtained the information. This website shall mean the website of GrowthCap, which is available to the general public and located at www.growthap.co.
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