Caso continue recebendo esta mensagem, It depends on when you jump. In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. Kalola is a CFA charterholder. In 2018, Kayne raised $3.1bn for its most recent senior credit fund. Recent News and Activity. People with 2-3 years of banking experience and 2-3 years of investing experience (senior associate level) comp around $250k - $375k. BlackRock is the largest asset manager in the world with approximately $6 trillion in assets under management globally. 9 Detailed LBO Modeling Tests and 15+ hours of video solutions. Get notified about new Private Investor jobs in United States. Firm: Barings 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. and size of the fund, position (analyst/associate) as well, that'd be helpful. 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. Each salary is associated with a real job position. 17. . They also initiated a senior loan strategy in 2008 focused on financing for mid- to large-sized leveraged buyout, recapitalization, and refinancing transactions. I like Fitch's Annual Leveraged Loan Primer; Fabozzi is good if you need an overview of the Asset Class. Select Accept to consent or Reject to decline non-essential cookies for this use. Intern, contractor and hourly pay scale vary from regular exempt employee. 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. 8. Its private debt strategy ($18bn) is focused on providing creative middle market financing solutions across the entire debt structure, including senior loans and mezzanine capital. Its three main strategies include performing credit, credit opportunities & special situations, and private debt. AllianceBernstein received an overall trust score of 77.9, with the No. Saragossa New York, NY 1 week ago Over 200 applicants Over 200 applicants Client Skills: Forms effective relationships with counterparts at investee companies, including financial sponsors and senior executives. The firm focuses on companies with $10m to $150m in revenue and $3m to $20m in EBITDA. 9. 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. Quia consequuntur est reiciendis molestiae aperiam qui nam a. Repellat velit laboriosam cupiditate nihil et tenetur deserunt. C Before that, Ramakrishnan was in investment banking at Goldman Sachs and Bear Stearns, and she started her career as an associate consultant for Bain & Company. Headquarters: New York, NY. In certain cases, firm performance was the primary criterion used. Sorry, you need to login or sign up in order to vote. Miller joined the firm in 2015 as a Director of AB Private Credit Investors. With that in mind, we are providing you with this information on our business continuity plan. R [NYSE: YEAR]: The AB Ultra Short Income ETF, an actively managed ETF, seeks to provide current income, consistent with preservation of capital. NYC, ATL, etc.) 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. 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. Headquarters Regions Southern US; Sub-Organization of . Apollo, Blackstone/GSO, Carlyle), some at large financial institutions (e.g. GrowthCap is pleased to announced the Top 20 Private DebtFirms of 2019. Industries . He holds a BBA in finance and a BA in Spanish from Texas Christian University, and an MBA from the McCombs School of Business at the University of Texas at Austin. Y .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. The firms private credit offering provides numerous direct lending solutions to middle market borrowers, including first lien, unitranche, and second lien loans. Most people definitely just move to a different kind of credit investing. Please enable Cookies and reload the page. good amount of vacation and personal days, About AllianceBernstein 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. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. 1 spot earning an 85.3. Hope that helps. The community relies on everyone sharing. Do you believe debt breeds managerial excellence? Aut accusantium animi voluptas non consequuntur impedit. Currently on sell-side and looking to read up on the private credit/HY landscape as I am starting to interact with these guys a ton and want to know more about how their world looks. 16. Finance & Accounting Based on 364 salaries Associate Portfolio Manager 59 salaries Quantitative Analyst 21 salaries View More Business Based on 331 salaries Vice President 100 salaries AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. Receive alerts for other Associate, Private Credit Investors job openings, Salary.com Estimation for Associate, Private Credit Investors in Austin, TX. Sign in to create your job alert for Private Investor jobs in United States. Before joining AB, she was the chief operating officer and head of operational due diligence at Gapstow Capital Partners, an alternative investment advisor. Job Summary AB-PCI is looking for an associate to work as part of the investment team. Lamentamos V Provisions have also been made for clients to continue to be able to contact our employees. 2. Alexander holds a BBA (Hons) in financial consulting from the Southern Methodist University and an MBA in finance and economics from the University of Chicago Booth School of Business. Who We Are Prior to PPHB, Schissler held various CEO and CFO operating roles, as well as consulting roles with Alvarez & Marsal and FTI. Firm: THL Credit Rank: Monkey. The average salary for a Private Wealth Associate is $58,200 per year in United States, which is 53% lower than the average AllianceBernstein salary of $125,438 per year for this job. Apply for the Job in Associate, Private Credit Investors at Austin, TX. an. All fields are required for calculation accuracy. Location: Austin, Dennis Drent 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. Company's service/treatment of others. He was a founding member of the senior management team of CapitalSource Europe, responsible for sourcing, executing and monitoring a $500 million portfolio of middle market mezzanine and other leveraged loans in a variety of industries. Location: Austin, Jake Swetnam is a Vice President with AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. AB Private Credit Investors | 1,190 followers on LinkedIn. Quality of products and services. Fair prices/fees for products and services. He was formerly a vice president with Fifth Street Asset Management, where he held a similar role with a focus on software and healthcare. 12. Strive to make a positive impact on the people around you by being a team player and an effective project manager, develop strong working relationships, and demonstrate strong commitment to the teams goals consistent with AB-PCIs emphasis on a cooperative and supportive work environment Job Qualifications & Key Attributes The ideal candidate should have: Bachelors degree demonstrating superior academic performance. 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. para nos informar sobre o problema. Our model gets smarter over time as more people share salaries on Glassdoor. 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. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. Information submitted to us is only available to employees managing this information for purposes of contacting you or sending you emails based on your request for information, and to contracted service providers for purposes of providing services relating to our communications with you. Location: New York, Managing Director and Founding MemberAB Private Credit Investors, Patrick Fear joined AB in 2014 as a founding member and Managing Director of AB Private Credit Investors. He was formerly an analyst with Prudential Capital Group. Any special, indirect, incidental, or consequential damages which may be incurred or experienced on account of you using the data or services made available on this website, even if GrowthCap has been advised of the possibility of such damages. Recent estimates place total private debt assets under management at approximately $640 billion. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. We offer a range of financing solutions customized for the needs of our borrowers. The average AllianceBernstein salary ranges from approximately $53,732 per year for, The highest-paying job at AllianceBernstein is, The lowest-paying job at AllianceBernstein is, AllianceBernstein employees attributed a compensation and benefits rating of 3.3/5 stars to their company. Crowdsourced from 750k+ members. Written Communication Skills: Writes in an organized, concise, and persuasive manner. Given its size, the firm is broadly diversified across different investment strategies and asset classes. Velit est voluptatibus eius quia magnam optio. Masters the appropriate analytical techniques and financial models. Agrawal previously held a similar role with Barclays Private Credit Partners, having first joined Barclays as an associate in the US Leveraged Finance Group. The firms activities are spread across a variety of products, including primaries, secondaries, co-investments, real assets, and private credit. 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. About AllianceBernstein 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. 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. (Ares, Golub, Owl Rock). She joined AB Private Credit Investors in 2016 as an associate. Location: Austin, David Foshager is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Read what they think about their salaries on our Compensation FAQ page for AllianceBernstein. Credit assets under management at Apollo have grown at a CAGR of 29% over the last 10 years and the strategy is backed by over 243 investment professionals. 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. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Dolor vel quod est officiis magnam porro omnis. F CVC Credit manages nearly $22bn in credit assets across the sub investment grade corporate credit markets in Europe and North America. 10. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Sanders holds a BBA in financial consulting from Southern Methodist University. Quasi eum fuga aliquam nihil dolorem et commodi. P Although the information provided to you on this website is obtained or complied from sources we believe to be reliable, GrowthCap cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. He was formerly an analyst in the Corporate Finance Group at Prudential Capital Group and an associate at AMS Health Care Mortgage Corporation. Wir entschuldigen uns fr die Umstnde. MONITORING OF USE BY GROWTHCAP; NO WARRANTY AS TO THE SECURITY OF THIS WEBSITE. You can unsubscribe from these emails at any time. Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. 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. We have a seasoned, cohesive senior team of investment professionals with a demonstrated track record of deal execution and portfolio management. Click the checkbox next to the jobs that you are interested in. The estimated base pay is $75,617 per year. View the job description, responsibilities and qualifications for this position. AllianceBernstein Finance & Accounting Salaries 363 salaries (for 129 job titles) Updated 2/26/2023 How much do AllianceBernstein employees make? AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. Miller holds a BA in international relations from the University of Memphis and a MAcc from the University of Southern California. If someone wants to transition from commercial banking at a BB (w/ 2 yrs experience) to a credit/mezz fund (also, is 'credit' vs. 'mezz' fund just semantics?) Gonzalez holds a BBA in finance from Texas Christian University. H https://www.bloomberg.com/news/articles/2018-06-01/public-pensions-gorge-on-private-debt-in-quest-for-big-returns. Austin, Texas, By clicking Agree, I consent to our data usage policies as stated. scusiamo se questo pu causarti degli inconvenienti. 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. Ab Private Credit Investors Email, Phone Number, Employees, Competitors KKRs credit offering originated in 2004 after consistently being approached with proprietary opportunities that didnt fit into its traditional private equity heritage. X Hamilton Lanes private credit strategy, which focuses on shorter duration, yield-oriented investments in middle market companies, saw an influx of $900m in dry powder in 2018 in response to what the firm called growing LP interest in private credit., 15. per informarci del problema. 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. 20. Its private debt offering is focused on privately negotiated senior loans to middle market businesses with EBITDA between $10m and $75m. You may wish to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions. Awardees were selected based onapplication submissions and evaluation of firm performance including historical growth and impact on private business. Quality of products and services. On the topic I know someone who went from Private Credit to Lev Fin at a BB at around the VP level in London. Prior to that, Weiss was a managing director at MFC Capital Funding, where he was a member of the firms investment committee and one of five senior deal professionals responsible for sourcing and executing debt investments for lowermiddle market companies. Can anyone discuss their experience working at a private credit fund (senior loan fund, BDC, etc.)? Before that, Bielinski was a managing director with Richard C. Breeden & Co., an advisory firm headed by a former chairman of the US Securities and Exchange Commission. Goldman Sachs has been involved in direct credit investing through its Merchant Banking Division since 1996. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Izzo holds a BA in economics from Princeton University. K LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. enviando un correo electrnico a Averages based on self-reported salaries. Headquarters: New York, NY. The firms $7bn private credit strategy originated in 1998 and is primarily focused on senior, second lien, unitranche, and subordinated debt to middle market businesses with $10m to $150m in EBITDA. 18. Our investors and portfolio companies benefit from the platforms scale, fund financing structures and a seasoned, cohesive investment team. The firm will participate in both sponsored and unsponsored situations. Consequatur aut provident omnis vero aut. He previously held the same position with Barclays Private Credit Partners. We also selectively consider investments in mezzanine debt, structured preferred stock, and minority equity co-investments. U Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 3. AB Private Credit Investors . AB PRIVATE CREDIT INVESTORS LLC ( CRD # 173027/SEC#:801-80389 ) AB PRIVATE CREDIT INVESTORS LLC, ALLIANCEBERNSTEIN PRIVATE CREDIT INVESTORS LLC. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. Develop an understand of the AB-PCI investment philosophy and credit discipline and be able to apply it in the context of both the assessment of investment opportunities and transaction execution. 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. If you have questions about our business continuity planning, you can contact us at (646) 679-1711. A few people also go on to become CFOs. The firms credit investments are centered around two strategies, direct lending and tradeable credit businesses. Investment structures are wide ranging and include senior, unitranche, mezzanine, and subordinated debt facilities.