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. V GrowthCap makes no warranty whatsoever to you, express or implied, regarding the security of the website, including with respect to the ability of unauthorized persons to intercept or access information transmitted by you through this services. Location: Austin, Managing Director, Head of Originations and Founding MemberAB Private Credit Investors, Jay Ramakrishnan joined AB in 2014 and is a founding member, Head of Originations, and a member of the investment committee of AB Private Credit Investors. [NYSE: YEAR]: The AB Ultra Short Income ETF, an actively managed ETF, seeks to provide current income, consistent with preservation of capital. He holds a BS in business from Tulane University and an MBA from the Kellogg School of Management at Northwestern. 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. 8. U C L E 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. Odio ipsam quis omnis error omnis id. 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, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. He holds a BBA (Hons) in finance from the University of Texas at Austin and is a CFA charterholder. Apply for the Job in Associate, Private Credit Investors at Austin, TX. In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. 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 . Discover unique insights from growth investors and leading executives. As others have mentioned, most stay in credit at similar funds. 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. Salary: AllianceBernstein Finance & Accounting | Glassdoor K He was formerly an analyst with Prudential Capital Group. Goldman Sachs has been involved in direct credit investing through its Merchant Banking Division since 1996. acquisition financing, expansion capex, working capital, or anything else? GrowthCap Partners, LLC has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Any possibility to move internally from the private credit side to PE or PE operations - thinking about a fund that has all three rn. We have a demonstrated track record of consistently producing attractive, risk-adjusted returns throughout low-rate environments. 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?) Ethical business practices and values. Location: Chicago, Solomon Cole joined AB in 2016 and is a Director with AB Private Credit Investors, where he is involved in originations across a number of industries, including healthcare, software and technology-enabled business services. 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. X 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. Know Your Worth. In private equity, an investor owns all or part of the company. Firm: Angelo Gordon | Twin Brook Capital Partners Why's that? Edit Details Section. Click here to see the total pay, recent salaries shared and more! For LevFin Primers I like BAML and Jefferies. AB Private Credit represents the $8bn direct lending arm of AllianceBernstein, the $550bn global asset manager. The skillsets begin to diverge the longer you spend doing either and your network is completely different as well. Y Quality of products and services. Headquarters: Houston, TX. 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. As an associate you work in small deal teams (usually 2 to 3, with 1-2 senior deal team members) on all aspects of credit investing. Most people who hop to the buyside use the sellside as a feeder. I would expect a possible next role to be a different kind of credit investing. Fair prices/fees for products and services. I like Fitch's Annual Leveraged Loan Primer; Fabozzi is good if you need an overview of the Asset Class. Headquarters: New York, NY. Pyeatt holds a BS in financial planning from Texas Tech University. Firm: THL Credit Specific to private debt, the firm has been increasing the amount of capital dedicated to the strategy. Salary: Credit And Private Investment Risk (March, 2023) 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. All Rights Reserved. Sensitivity to customer needs in the current economic and financial climate, IBD's 25 Most Trusted Financial Companies. This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. WSO depends on everyone being able to pitch in when they know something. When they extend to companies, that's effectively private credit but it exists within the banking system. This sector knowledge allows us to tailor financings to a company's specific needs and ensure quick and efficient transaction execution. Masters the appropriate analytical techniques and financial models. Today the firm is positioned as a global investment manager across multiple asset classes with $196bn in assets under management. and size of the fund, position (analyst/associate) as well, that'd be helpful. He was previously a director with Barclays Private Credit Partners, where he held a similar role. Angelo Gordon is a privately-held alternative investment firm with roughly $28bn in assets under management in the global credit and real estate markets. Aut accusantium animi voluptas non consequuntur impedit. P Lamentamos Q 13. A Earlier this year, we wrote about The Rise of Private Debt Investing. NYC, ATL, etc.) How much do AllianceBernstein employees make? AB Private Credit Investors | 1,190 followers on LinkedIn. Recent News and Activity. It's weird that people tend to think of equity investment superior than credit investment. 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. Much less than banking or PE. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Cole holds a BS in finance (Hons) and an MS in accountancy from Wake Forest University, and an MBA from the Wharton School at the University of Pennsylvania. 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. Location: Austin, Anand Kalola joined AB in 2017 and is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. GSO is considered one of the worlds largest credit-oriented asset managers and currently boasts $128bn in credit assets under management. 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. Private credit is a way for businesses to raise capital (money). 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. 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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. Requires minimal supervision. MS, GS), some at large PE (e.g. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. The correctness, quality, accuracy, timeliness, reliability, performance, continued availability, completeness or delays, omissions, or interruptions in the delivery of the data and services available on this website or for any other aspect of the performance of this service or for any failure or delay in the execution of any transactions through this service. KKRs credit offering originated in 2004 after consistently being approached with proprietary opportunities that didnt fit into its traditional private equity heritage. He holds a BBA in finance and a BS in Spanish from Southern Methodist University. He was previously a vice president at Cerberus Capital Chicago, responsible for sourcing, structuring and executing debt financings for financial sponsors. The firm currently manages over $83bn in total assets and employs more than 1,200 professionals across 19 offices worldwide. Apollo operates one of the largest alternative credit platforms in the world. We generally underwrite senior secured unitranche debt but have the flexibility to invest across the capital structure to support our clients unique needs. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. Location: Austin, Melissa Thomas is a Vice President with AB Private Credit Investors, where she is involved in structuring, underwriting and execution, and portfolio management. The middle market direct lending platform is operated through the firms subsidiary Twin Brook Capital Partners, which has deployed $9.4bn in commitments since its 2014 founding. Not that the BSL space is any better though, record CLO new issuances just feeding the demand for new shitty paper. View the job description, responsibilities and qualifications for this position. Location: Austin, Caton Sanders 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. You have some at large BBs (e.g. In the US, a lot more institutions extend credit allowing for non-bank lenders (BDCs, private credit funds, etc). Humphries previously worked in leveraged finance with NationsBank and J.P. Morgan, and as a financial analyst with Exxon. I Prior to that, Kocher was an operational due diligence analyst at Barclays Wealth Americas and Barclays Global Investors. verdade. Firm: KKR Credit 18. View All . 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. Tell AB Private Credit Investors you're interested in working at the company, while keeping your personal identity anonymous. He joined the firm in 2016 as a vice president of AB Private Credit Investors. Why are headhunter firms all predominantly women? AB Private Credit Investors - Crunchbase Investor Profile & Investments B) Salary.com being able to use your name and address to tailor job posting to your geographic area. 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. With that in mind, we are providing you with this information on our business continuity plan. Grimm was previously a vice president with GE Capital, where he held a similar role. Credit activities at Apollo are extremely broad, including non-traditional off-the-run asset classes, traditional middle market and corporate loans, and even distressed situations. Location: Austin, Lewis Leavitt joined AB in 2018 as a Director of AB Private Credit Investors, where he jointly leads originations for several specific verticals including software, digital information services and healthcare. Intern, contractor and hourly pay scale vary from regular exempt employee. The firms private credit offering provides numerous direct lending solutions to middle market borrowers, including first lien, unitranche, and second lien loans. Private debt investment plays a critical role in the growth of the U.S. economy by providing capital to lower and middle market companies. He is also responsible for regional intermediary coverage and sponsor coverage of select growth equity firms across the US. Does anyone in here work in compliance at AllianceBernstein? She is a registered Certified Public Accountant (CPA) in New York State. If it's early on and you have some reasonably relevant experience then yes, I think its possible. Firm: Goldman Sachs (Merchant Banking & Asset Management Divisions) 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. As a senior credit team member, he plays a leadership role in structuring, underwriting and execution, as well as portfolio management for investments in the multisite, franchising, specialty finance, business services, industrials and other sectors. 17. scusiamo se questo pu causarti degli inconvenienti. What Is Private Credit? - CION Investments Lewis Leavitt is the Director at AB 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. We focus on midsize companies with EBITDA of $5$50 million and enterprise values of $75$500 million. H A) Salary.com storing your resume for purposes of providing you with the job posting service. para nos informar sobre o problema. Cohen was previously a vice president with Goldman Sachs Specialty Lending Group, where he led deal teams in the underwriting, execution and portfolio management of investments across several sectors. If you continue to see this Participates in client meetings and calls. Prior to this, AB-PCIs team members worked at premier investment banks, and in middle-market private equity and private credit investing. Firm: Main Street Capital Corporation Your input helps Glassdoor refine our pay estimates over time. (Ares, Golub, Owl Rock). He was previously a managing director with CIT Group, where he led the restaurant industry practice within Corporate Finance for seven years. 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. Work Quality/Productivity: Consistently produces high-quality, accurate work in a timely manner. Miller holds a BA in international relations from the University of Memphis and a MAcc from the University of Southern California. 6. Quia adipisci animi facilis ullam aliquid illum earum. Hope that helps. Buckwalter was formerly an analyst in the Leveraged Finance Group at J.P. Morgan. 16. Headquarters: New York, NY. Millers experience at GE Capital also included several years of underwriting, portfolio management and debt restructuring. AB Private Credit Investors | LinkedIn 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 Director 2018. Voluptatibus pariatur nisi sed qui tempora odit voluptatibus. 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. The firm targets loans between $30m and $100m per transition across a variety of industry verticals. 6 on their list of the Top 25 Most Trusted Financial Companies for 2022. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Location: Austin, Bradley Leuchtman joined AB in 2019 and is a Vice President with AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Discover more funding rounds . Prior to that, he was a group marketing manager and head of product management for clustering and high-availability products at Sun Microsystems. 8.5 million company & government reported. Edit Recent News and Activity Section. The six qualities consumers selected as most important were: AllianceBernstein received an overall trust score of 77.9, with the No. We offer a range of financing solutions customized for the needs of our borrowers. Main Street has invested in more than 180 companies across 50 industries since inception. Edit Lists Featuring This Company Section, Investors Active in Greater Los Angeles Area, Austin Companies With More Than 10 Employees. Quasi eum fuga aliquam nihil dolorem et commodi. AB-PCI is a relatively small group of senior investment professionals with a close-knit culture. Prior to that, Fear was a director with CapitalSource in the US and Europe. E While we lend to a broad set of industries, our professionals have a deep understanding of certain targeted industry sectors. In certain cases, firm performance was the primary criterion used. His experience at GE Capital also included several years of underwriting and portfolio management. Prior to Fifth Street, Lanshe worked for Ranch Capital, a lowermiddle market private equity firm, and L.E.K. 6 on their list of the Top 25 Most Trusted Financial Companies for 2022. 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. H The asset class has grown consistently and significantly each year over the last 10 years. Ares manages roughly $96bn in credit assets across 156 funds around the world. The information contained in this website is the property of GrowthCap. an. 3. AIC primarily focuses on direct lending activities in the U.S. middle market. Can anyone explain what types of debt / funding a BDC can offer? Commitment to protecting the privacy and security of personal data. om ons te informeren over dit probleem. 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. 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. Phenom People Raises $30 Million in Series C Proving the HR U W Lewis Leavitt - Crunchbase Person Profile Headquarters: Bala Cynwyd, PA, Hamilton Lane is global alternative investment manager with $58bn in assets under management and more than $409bn in assets under supervision. Congratulations to this years awardees. From time to time we participates in disaster recovery exercises to confirm that such stored information remains accurate and accessible to us. Izzo holds a BA in economics from Princeton University. 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. O good amount of vacation and personal days, About AllianceBernstein Wir entschuldigen uns fr die Umstnde. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The adviser's REGISTRATION status is listed below. AB Private Credit Investors | LinkedIn 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. Austin, Texas, By clicking Agree, I consent to our data usage policies as stated. Groves holds a BSBA in finance and leadership studies from the University of Richmond. 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. The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. Headquarters: Zug, Switzerland | Denver, CO. Partners Group is one of the largest investment managers in the world focused exclusively on the private markets. The average AllianceBernstein salary ranges from approximately $53,732 per year for an Administrative Assistant to $550,981 per year for a Managing Director. 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. ABs first active ETFs are: 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. Velit est voluptatibus eius quia magnam optio. The firms direct lending efforts are focused on opportunities between $5m and $75m in EBITDA and enterprise values of $25m to $500m. Its three main strategies include performing credit, credit opportunities & special situations, and private debt. 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. They also initiated a senior loan strategy in 2008 focused on financing for mid- to large-sized leveraged buyout, recapitalization, and refinancing transactions. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. 101 Investment Banking Interview Questions, Certified Investment Banking Professional - 3rd+ Year Associate, Certified Sales & Trading Professional - 1st Year Analyst, Certified Private Equity Professional - Vice President, Certified Asset Management Professional - 1st Year Associate, Certified Investment Banking Professional - 1st Year Associate, Certified Hedge Fund Professional - Trader, Certified Asset Management Professional - 3rd+ Year Associate, Certified Investment Banking Professional - Director, Certified Commercial Banking Professional - 2nd Year Analyst, Certified Private Equity Professional - 3rd+ Year Associate, Certified Private Equity Professional - 2nd Year Associate, Certified Hedge Fund Professional - Research Analyst, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, 2,447 questions - 203 PE funds. Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. enva un correo electrnico a C Agrawal previously held a similar role with Barclays Private Credit Partners, having first joined Barclays as an associate in the US Leveraged Finance Group. envie um e-mail para They are called private because unlike publicly . IAPD - Investment Adviser Public Disclosure - Homepage J Because why would you want to? Caso continue recebendo esta mensagem, GrowthCap is pleased to announced the Top 20 Private DebtFirms of 2019. $205M: Jobs. Before that, he was a senior mechanical design engineer with Motorola. Click the checkbox next to the jobs that you are interested in.