ABs President and CEO Seth Bernstein, Head of Global Client Group & Head of Private Wealth Onur Erzan, Global Head of ETFs Noel Archard, and colleagues rang the closing bell, which was captured on CNBC. 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. Potentially going to get offered $80-85k to be a compliance associate and just seeing if anyone works there/if thats a reasonable salary or below expectations. For LevFin Primers I like BAML and Jefferies. AB Private Credit Investors . 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. 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. From time to time we participates in disaster recovery exercises to confirm that such stored information remains accurate and accessible to us. Can anyone discuss their experience working at a private credit fund (senior loan fund, BDC, etc.)? Neither this website nor any information or opinion on this website constitutes a solicitation, offer or recommendation by GrowthCap or its affiliates to buy or sell any securities, futures, options or other financial product or offer to provide or solicitation to obtain any advisory or other service. It depends on when you jump. You may wish to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions. Leuchtman holds a BA in political science and an MHA from the University of Florida. Location: Austin, Justin Grimm joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he is also a member of the investment committee. I would try to obtain one of those (maybe your HY research team put one together and can send). Can anyone explain what types of debt / funding a BDC can offer? Takes ownership of projects and drives the process but also knows when to ask for help. AB Private Credit Investors ("AB-PCI") is the $14B+ private corporate credit investing platform of Alliance Bernstein ("AB") offering direct lending capabilities to middle-market. Participates in client meetings and calls. Our Business Continuity Plan is designed to enable us to recover and restore business operations as quickly as possible, safeguard employees and property, protect the our books and records, and assure clients prompt service through alternative offices. Companies typically have robust business models, strong competitive positions, sustainable enterprise value and predictable cash flow profiles. We offer a range of financing solutions customized for the needs of our borrowers. AB-PCI focuses on directly sourced and privately negotiated investments in the primary issue market, while selectively pursuing opportunities in the distributed and secondary loan markets on a relative value basis. Voluptatibus pariatur nisi sed qui tempora odit voluptatibus. Angel, Fund of Funds, Venture Capital). In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. Financial Services. Lamentamos Crescent has been strictly focused on credit investing for over 25 years. A few people also go on to become CFOs. "Lending money is easy, the hard part is getting it back.". That said, some switch to lev finance. 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. T The estimated base pay is $75,617 per year. She is a registered Certified Public Accountant (CPA) in New York State. Agrawal holds a BTech in computer science and engineering from the Indian Institute of Technology Bombay, an MS in computer science from Ohio State University, and an MBA in finance and accounting from the University of Chicago Booth School of Business. H Director - AB Private Credit Investors Oct 2014 - Present8 years 5 months Austin, Texas Area Middle market direct lending fund with $11.5 billion of investable capital. GSO sits as a distinct division of Blackstone, the $472bn global asset management firm founded in 1985 by Pete Peterson and Stephen Schwarzman. 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. The group maintains a strong credit culture and pursues a highly selective investment process based on fundamental due diligence and a focus on transaction terms and documentation. W AllianceBernstein employees rate the overall compensation and benefits package 3.3/5 stars. Our clients include some of the world's top institutions as well as private-wealth clients and retail investors. S Yes: Debt Financing - Saviynt . ABs policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria. He was previously a director with Barclays Private Credit Partners, where he held a similar role. Headquarters: New York, NY. Prior to joining ICON in 2008, Saini worked for SMBC Capital Markets as a risk-management officer within fixed income. enva un correo electrnico a Averages based on self-reported salaries. Location: Austin, Shishir Agrawal joined AB in 2014 and is a founding member and Managing Director of AB Private Credit Investors. 4. On the topic I know someone who went from Private Credit to Lev Fin at a BB at around the VP level in London. Fixed Income/Private Credit Senior Investment Analyst, TEXAS MUNICIPAL RETIREMENT SYSTEM, Austin, TX. Hope that makes sense. 5. Lewis Leavitt is the Director at AB Private Credit Investors. Demonstrates strong attention to detail. enviando un correo electrnico a Related Searches:All Private Wealth Associate Salaries|All AllianceBernstein Salaries. Location: Austin, Marc Cooper joined AB in 2016 and is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Does anyone in here work in compliance at AllianceBernstein? TIA. CVC Credit manages nearly $22bn in credit assets across the sub investment grade corporate credit markets in Europe and North America. Aydanos a proteger Glassdoor verificando que eres una persona real. Research salary, company info, career paths, and top skills for Associate, Private Credit Investors He holds a BBA in accounting and an MPA, both from the University of Texas at Austin. With that in mind, we are providing you with this information on our business continuity plan. Compensation depends on work experience, job location, bonus, benefits and other factors. 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. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. Given its size, the firm is broadly diversified across different investment strategies and asset classes. ABs President and CEO Seth Bernstein, Head of Global Client Group & Head of Private Wealth Onur Erzan, Global Head of ETFs Noel Archard, and colleagues rang the closing bell, which was captured on CNBC. Prior to joining the team, Simpson was a director at MUFG Union Bank, and before that was a vice president at Antares Capital (previously GE Antares Capital). Any good recommendations out there? para nos informar sobre o problema. Most people who hop to the buyside use the sellside as a feeder. We manage approximately $15.2 billion of capital that is available to support our borrowers financing needs for acquisitions, leveraged buyouts, recapitalizations, refinancings and growth investments. 4. Location: Austin, Head of Office AdministrationAB Private Credit Investors, Liz Pyeatt joined AB in 2015 as the Head of Office Administration with AB Private Credit Investors, where she is involved in executive support and administration management. Get notified about new Private Investor jobs in United States. Company's service/treatment of others. 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. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Its private debt offering is focused on privately negotiated senior loans to middle market businesses with EBITDA between $10m and $75m. Molestiae aut enim est repellat. Voluptas veniam et pariatur nostrum. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Location: Austin, John Schissler joined AB in 2022 and is a Managing Director with AB Private Credit Investors, where he is involved in portfolio-management activities, including value-maximization and performance improvement initiatives. At least two years prior relevant work experience in Leveraged Finance, Financial Sponsor Coverage or M&A investment banking, private equity, or private credit investing while being a top performer. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. las molestias. Location: New York, Ryan Simpson joined AB in 2022 and is a Managing Director with AB Private Credit Investors, where he is responsible for West Coast sponsor originations across a variety of industries, with a focus on general industries. The firm currently manages more than $24bn in total assets. He was formerly a managing director of restructuring and special situations at PPHB, where he led the restructuring and performance-improvement practice. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. WSO depends on everyone being able to pitch in when they know something. Job Description Specific responsibilities include but are not limited to: Play a key role in the execution of a transactions and management of portfolio investments: candidates must exhibit the capability to master all aspects of executing a transaction, including but not limited to business due diligence, financial analysis/modeling, industry research, preparation of investment memoranda and other written materials, and interacting with financial sponsors and management teams. Previously, Ramakrishnan was a managing director with Barclays Private Credit Partners, and as a founding member of the business was involved in various aspects of business launch, transaction sourcing and execution. C The principals of AB-PCI most recently worked together while leading a similar private credit investing platform that successfully committed just under $1.5B in 48 transactions and generated attractive risk-adjusted returns for investors. Firm: Partners Group Firm: Golub Capital B Would starting off within the credit fund space be a good career starter? 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. The transmission of any virus which may infect a users equipment, failure of mechanical or electronic equipment or communication lines, telephone or other connectivity issues, unauthorized access, theft or operating errors. Groves holds a BSBA in finance and leadership studies from the University of Richmond. Typical structures include senior secured, unitranche, and subordinated debt, as well as preferred and common equity. Our customized financing solutions and efficient transaction process provide greater certainty for middle market companies. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. Location: Austin, Lexi Gonzalez joined AB in 2015 and is a Vice President with AB Private Credit Investors, where she is involved in structuring, underwriting and execution, and portfolio management. Swetnam was formerly an associate in the Leveraged Finance Group at ORIX. 13. Do you want to receive a free, professional resume evaluation from TopResume? 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. 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. You are not permitted to alter, obscure, or remove any copyright, trademark or any other notices that are provided to you in connection with the information. Nous sommes dsols pour la gne occasionne. Firm: KKR Credit AB Private Credit Investors provides financing to middle market companies for acquisitions, including leveraged buyouts; recapitalizations; refinancings; and growth investments. It's weird that people tend to think of equity investment superior than credit investment. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. 20. REGISTRATION STATUS. 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. F Z. Vp/vice President Of Ab Private Credit Investors average salary is $125,000, median salary is $- with a salary range from $120,000 to $130,000. Fair prices/fees for products and services. Capital, where he held a similar role. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. I agree that it's not likely. The estimated additional pay is $49,821 per year. questo messaggio, invia un'email all'indirizzo 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). The average AllianceBernstein salary ranges from approximately $53,732 per year for an Administrative Assistant to $550,981 per year for a Managing Director. This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. GrowthCap shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever, for: 1. GrowthCap is pleased to announced the Top 20 Private DebtFirms of 2019. 1. GrowthCap makes no representations concerning the content of the Sites and the provision of a link does not constitute an endorsement, authorization, sponsorship, or claim of affiliation by GrowthCap with respect to the Site, its owners, or its providers. The company's File Number is listed as 5688196. Before joining AB, she was the chief operating officer and head of operational due diligence at Gapstow Capital Partners, an alternative investment advisor. In terms of exits, I've read that most people tend to stay in industry, but what other opportunities are possible with private credit investing experience? Prior to that, he was a senior research analyst with Plainfield Asset Management and an analyst with both D.E. Dolor vel quod est officiis magnam porro omnis. AllianceBernstein received an overall trust score of 77.9, with the No. The firm focuses on $10m to $75m investments in middle market businesses with $50m to $500m in revenue and $10m to $50m in EBITDA. P You have some at large BBs (e.g. Et fuga dolorem exercitationem accusamus aliquam quia. The information contained in this website is the property of GrowthCap. He previously held the same position with Barclays Private Credit Partners. Crescent is also one of the largest providers of mezzanine capital in the market, with its recent fund exceeding its fundraising target by nearly $2bn. We'll be sending you new jobs as they are posted. Sensitivity to customer needs in the current economic and financial climate, IBD's 25 Most Trusted Financial Companies. Molestiae nihil adipisci illum quia magni. The firms private credit offering provides numerous direct lending solutions to middle market borrowers, including first lien, unitranche, and second lien loans. Another route could be Rx or distressed investing. Each salary is associated with a real job position. Si continas recibiendo este mensaje, infrmanos del problema You are required to read and abide by any additional terms and conditions that may be posted on this website from time to time concerning information obtained from specific third party providers. Before that, Fear was a vice president focused on M&A advisory at Robert W. Baird in London and Chicago. J Intuitively I would think it's much easier to generate high fees investing in equities than lending at par. He joined the firm in 2016 as a vice president of AB Private Credit Investors. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. When there's a job opening that's a fit we'll make the match happen. You should also be aware that the terms and conditions of each Site and the Sites privacy policy may be different from those applicable to your use of the website. Firm: Hamilton Lane The ETF offers municipal bond investors a distinct complement to their core allocations providing the opportunity to help maximize after-tax income and returns using shorter maturity bonds and opportunistic exposure to treasuries and taxable bonds. They will also selectively consider mezzanine debt investments. He formerly held the same role at Barclays Private Credit Partners. Barry originated and executed more than $1 billion of investments across multiple sectors and capital strategies through his relationships with venture capitalists, founders and corporates. Ethical business practices and values. Is credit trading, or doing credit research on a desk at a BB and then moving to a direct lender / BDC a realistic option? Prior to Fifth Street, Cooper was a senior investment analyst at Prudential Capital Group. Twin Brook targets senior facilities to middle market companies with less than $25m in EBITDA. 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-PCI pursues a flexible mandate designed to deliver attractive risk-adjusted returns by investing in first lien, second lien, unitranche, and mezzanine debt, as well as structured preferred stock and private equity co-investments. Ares manages roughly $96bn in credit assets across 156 funds around the world. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. See you on the other side! Please help us protect Glassdoor by verifying that you're a We partner with leading financial sponsors but also lend to non-sponsored companies, including family-owned businesses and public companies in need of a private debt solution. R We provide secured loans including first lien, unitranche, and second lien loans. We offer the right mix of capital flexibility and experience to partner with middle market companies. The Registered Agent on file for this company is The Corporation Trust Company and is located at Corporation Trust Center 1209 Orange St, Wilmington, DE 19801. He joined AB Private Credit Investors in 2016 as an associate. Edit Lists Featuring This Company Section, Investors Active in Greater Los Angeles Area, Austin Companies With More Than 10 Employees. F Vp/vice President Of Ab Private Credit Investors salary is full-time annual starting salary. Previously, she was the operations manager for LookNook and a senior associate at Austin Asset. GrowthCap Partners, LLC provides independent financial advice on private placements, mergers, acquisitions, financial restructurings and similar corporate finance matters and financial advisory. Before that, he served as a partner and managing director of the Texas Growth Fund, a middle market private equity firm. Unauthorized use, disclosure or copying of this information or any part thereof is strictly prohibited and may be unlawful. Access to this website is provided by GrowthCap. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Prior to that, Kennedy was an associate in the Asset and Principal Finance Group at Nomura Securities. 8.5 million company & government reported. In addition, she is responsible for business initiatives such as technology-focused growth capital solutions, oversees investments in the healthcare/HCIT sectors, and covers select East Coast financial sponsors with an emphasis on technology, healthcare and business services. This website is intended for informational purposes only and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments. Written Communication Skills: Writes in an organized, concise, and persuasive manner. Location: Chicago, Managing Director AB Private Credit Investors, Patrick Gimlett joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he leads the teams originations activities in the energy sector and covers generalist financial sponsors located in Dallas and Houston. In private credit, the investor lends money to the company in exchange for interest payments and can impose covenants and/or collateralization that secures the loan. GrowthCap is providing such links solely as a convenience to you. Anyways, my general sense is the leveraged loan market is overheating, just too much money out there structuring shitty deals with 5x+ stretch 1st lien structures for mid-market companies which won't bode well for recoveries. The firm is currently underway in raising $10bn for a specific pool of capital focused on direct lending to middle market companies. Location: Austin, Opportunities Remain for Well-Positioned Lenders (September 2022), Technology Set to Weather the Storm (June 2022), COVID-19: The Growth Opportunities and Challenges (September 2020), The Risks and Rewards of Targeting Tech (September 2019), Sizable, fully committed, long-term financing, Strong track record of facilitating growth, Strategic access to AB's global resources, Partnership approach with relationship-driven mindset, Straightforward, efficient and transparent process. Firm: Apollo Global Management Firm: Ares Headquarters: Los Angeles, CA Ares manages roughly $96bn in credit assets across 156 funds around the world. J She holds a BS in business administration and finance from Texas A&M University. Private credit is a way for businesses to raise capital (money). He holds a BS in management from the United States Air Force Academy and an MBA with concentrations in finance and accounting from the University of Chicago Booth School of Business. Location: Austin, Hardeep Saini joined AB in 2015 as a Managing Director of AB Private Credit Investors, where he is responsible for leading coverage efforts for certain East Coast financial sponsor relationships across a variety of industries. Headquarters: New York, NY. P AB Private Credit Investors (AB-PCI) provides investment advisory services with respect to private credit investment portfolios for institutional and high net worth investors. Sorted by Date, page 1, Related Vp/vice President Of Ab Private Credit Investors Salary, Vp/vice President Of Ab Private Credit Investors Salary, Alliancebernstein Vp/vice President Of Ab Private Credit Investors Salaries, Vp/vice President Of Ab Private Credit Investors Austin, TX Salaries, .NET DEVELOPER (SOFTWARE DEVELOPER, APPLICATIONS) Salary. GrowthCaps Top 20 Private Debt Firms of 2019. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Prior to that, Fear was a director with CapitalSource in the US and Europe. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. No carry for another 4 years, Experienced VP Interviews - Fit Questions. Location: Austin, David Foshager is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. M Hope that helps. why is private debt so big in the us and not elsewhere? Prior to H.I.G., Kalola worked for Point Frederick Capital, a hedge fund; Prospect Capital, a hedge fund with a private debt and equity focus; and Chanin Capital Partners, a boutique investment bank. We have a broad investing mandate centered on resilient and diversified business models. 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. As a senior credit team member, he plays a leadership role in structuring, underwriting and execution, as well as portfolio management for investments in healthcare, digital infrastructure and other industries. AB is a global investment-management and research firm with more than $600 billion in assets under management and.css-epvm6{white-space:nowrap;} More, Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The direct lending strategy is focused on first lien, second lien, and unitranche investments in lower middle market businesses with between $5m and $25m in EBITDA. He is a member of the investment committee and leads the teams investments in digital infrastructure and services. Thomas was formerly an assistant vice president in the Corporate Credit Group at Bank of America Merrill Lynch. Headquarters: Chicago, IL. Why's that? 8. Demonstrates ability to manage multiple assignments and handles pressure well. Apollo, Blackstone/GSO, Carlyle), some at large financial institutions (e.g. Guggenheim is a global asset management and investment advisory firm with more than $203bn in assets under management. The failure of any connection or communication service to provide or maintain your access to this service, or for any interruption or disruption of such access or any erroneous communication between GrowthCap and you, regardless of whether the connection or communication service is provided by GrowthCap or a third party service provider. real person. KKRs credit offering originated in 2004 after consistently being approached with proprietary opportunities that didnt fit into its traditional private equity heritage. He was formerly an associate in the Fixed Income Global Credit Research Group at AB, focusing on high-yield and leveraged-loan transactions. Location: Austin, Gregory Land joined AB in 2017 and is a Vice President with AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. K GrowthCap Partners, LLC is a FINRA (http://www.finra.org/) and SIPC (http://www.sipc.org/) Member Firm. AB-PCI is a relatively small group of senior investment professionals with a close-knit culture. (Ares, Golub, Owl Rock). 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. Thanks! Agrawal previously held a similar role with Barclays Private Credit Partners, having first joined Barclays as an associate in the US Leveraged Finance Group. Miller joined the firm in 2015 as a Director of AB Private Credit Investors. Esse qui molestiae molestiae. She holds a BA (Hons) in economics from the University of Cambridge, England, and an MBA from the Wharton School at the University of Pennsylvania. I Investor Relations Openings - Hedge Fund, Private Equity, and Real Estate Industry, $100,000.00 Let AB Private Credit Investors Know You Want To Work There. His investment banking experience includes seven years at Lehman Brothers, where he began his career, and he has held a variety of senior financial positions in the restaurant and retail industries, including senior vice president of finance and treasurer at Boston Chicken Inc. and vice president of financial operations at The Limited. Quantitative/Problem Solving: Demonstrates a strong grounding in accounting, finance, and the capital markets. A Location: Austin, Brad Groves joined AB in 2016 and is a Vice President with AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Averages based on self-reported salaries. 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