ab private credit investors salary

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If it's early on and you have some reasonably relevant experience then yes, I think its possible. Atque earum officiis perferendis mollitia voluptate quod qui. Magni in at sapiente in ipsa accusantium. We are relationship-focused, with a long history of supporting the growth needs of our borrowers. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Firm: Goldman Sachs (Merchant Banking & Asset Management Divisions) pour nous faire part du problme. Sign in to create your job alert for Private Investor jobs in United States. 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. Edit Recent News and Activity Section. 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. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. 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. The information provided on this website or in any communication containing a link to this website is not intended for distribution to, or use by, any person in any jurisdiction or country in which the distribution or use would be contrary to law or that would subject GrowthCap (including any of its affiliates) to any registration, license, filing or similar requirement in such jurisdiction or country. It's weird that people tend to think of equity investment superior than credit investment. Initiative/Work Ethic: Self-starter. 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. Golub Capital has been a mainstay in middle market lending since its founding more than 25 years ago. Quia molestias nihil ad laudantium rerum et doloremque. 7. Prior to that, Kennedy was an associate in the Asset and Principal Finance Group at Nomura Securities. Learn how this feature works. The firm focuses on companies with $10m to $150m in revenue and $3m to $20m in EBITDA. 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. He was previously a director with Barclays Private Credit Partners, where he held a similar role. 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. 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. 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. Apply for the Job in Associate, Private Credit Investors at Austin, TX. E AllianceBernstein employees rate the overall compensation and benefits package 3.3/5 stars. Firm: BlackRock They will also selectively consider mezzanine debt investments. WhiteHorse, the credit affiliate of H.I.G. Preceding that, he was a financial analyst in the Investment Management division at Goldman Sachs. He holds a BEng in computer science from the University of Mumbai and an MBA in finance from the Zicklin School of Business at Baruch College. Humphries previously worked in leveraged finance with NationsBank and J.P. Morgan, and as a financial analyst with Exxon. AB Private Credit represents the $8bn direct lending arm of AllianceBernstein, the $550bn global asset manager. Choice Health at Home raised $190,000,000 / Debt Financing from AB Private Credit Investors and 2 other investors . He holds a BS in business administration from Carnegie Mellon University. Gonzalez holds a BBA in finance from Texas Christian University. 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. 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? While GSAM broadly employs a multi-strategy, multi-asset approach, its private debt activities include a robust middle market direct lending effort targeted on businesses with $5m to $75m in EBITDA. AllianceBernstein received an overall trust score of 77.9, with the No. Ci Participates in client meetings and calls. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Ethical business practices and values. Compensation depends on work experience, job location, bonus, benefits and other factors. 8. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. Firm: Guggenheim Investments You can unsubscribe from these emails at any time. 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. Usually, people just join another fund. Much less than banking or PE. Firm: Crestline Investors Depends on the fund, but generally I've seen 50-65 hours / week. Molestiae nihil adipisci illum quia magni. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. Wenn Hope that helps. He holds a BA with concentrations in economics and sociology from University College Dublin. She began her career as an auditor at Ernst & Young. Pyeatt holds a BS in financial planning from Texas Tech University. Written Communication Skills: Writes in an organized, concise, and persuasive manner. 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. Work Quality/Productivity: Consistently produces high-quality, accurate work in a timely manner. GrowthCap cannot and does not guarantee continuous, uninterrupted or secure access to this website. Lamentamos pelo inconveniente. H 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. 2. People of color, women, and those who identify as LGBTQ people are encouraged to apply. San Francisco Bay Area, Silicon Valley), This is the parent Organization of the sub-organization, Operating Status of Organization e.g. 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. The lowest-paying job at AllianceBernstein is an Administrative Assistant with a salary of $53,732 per year. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%10%+. Prior to that, he was a group marketing manager and head of product management for clustering and high-availability products at Sun Microsystems. Commitment to protecting the privacy and security of personal data. It operates across three main strategies, including middle market lending, late stage lending, and broadly syndicated loans. 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. Its three main strategies include performing credit, credit opportunities & special situations, and private debt. In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. Forms opinions and is discreet about confidential information. 1 spot earning an 85.3. This sector knowledge allows us to tailor financings to a company's specific needs and ensure quick and efficient transaction execution. 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. O Its Global Private Finance strategy represents its middle market direct lending strategy and totals $11bn in assets under management. Miller joined the firm in 2015 as a Director of AB Private Credit Investors. Logos or tombstones representing completed engagements are posted to this website and are selected based on GrowthCaps determination of the relevance and significance of the engagements to demonstrate GrowthCaps professionals experience, except where there is a confidentiality concern or client approval has not been obtained. Because why would you want to? 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. He holds a BBA in finance and a BS in Spanish from Southern Methodist University. 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. Weiss began his career as an analyst at NationsBank. C 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. We offer a range of financing solutions customized for the needs of our borrowers. All fields are required for calculation accuracy. 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. 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. Intern, contractor and hourly pay scale vary from regular exempt employee. Another route could be Rx or distressed investing. 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. and size of the fund, position (analyst/associate) as well, that'd be helpful. Previously, Foshager was a vice president at GE Capital. Congratulations to this years awardees. 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. Et possimus ullam atque minus nesciunt. A) Salary.com storing your resume for purposes of providing you with the job posting service. We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. These strategies include syndicated loans, high yield bonds, institutional and alternative credit, as well direct lending. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. T Firm: GSO Capital Partners (Blackstone) For LevFin Primers I like BAML and Jefferies. Alexander was previously a director at ORIX, where he held a similar role. She joined AB Private Credit Investors in 2016 as an associate. Quality of products and services. Identifies key issues, skillfully analyzes problems, and arrives at conclusions which facilitate the execution of a transaction. 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. Firm: Angelo Gordon | Twin Brook Capital Partners We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. 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. He was formerly a managing director of restructuring and special situations at PPHB, where he led the restructuring and performance-improvement practice. Grimm was previously a vice president with GE Capital, where he held a similar role. Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. How we do it? Before that, he was an associate at The Riverside Company, a middle market private equity firm. Prior to Escalate, he helped start Alert Media, a mass-notification software business based in Austin, Texas. The estimated base pay is $75,617 per year. Consulting, a management-consulting firm. Lewis Leavitt is the Director at AB Private Credit Investors. He was previously a vice president at Cerberus Capital Chicago, responsible for sourcing, structuring and executing debt financings for financial sponsors. 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. 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. 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 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. U Swetnam was formerly an associate in the Leveraged Finance Group at ORIX. Would starting off within the credit fund space be a good career starter? The average AllianceBernstein hourly pay ranges from approximately $31 per hour for an Intern - Hourly to $73 per hour for a Software Engineer. H Prior to that, he was a senior research analyst with Plainfield Asset Management and an analyst with both D.E. Groves holds a BSBA in finance and leadership studies from the University of Richmond. Possimus quis eveniet at quo. Headquarters: Boston, MA. The adviser's REGISTRATION status is listed below. R THL Credit is the $15.8bn credit investment affiliate of Thomas H. Lee Partners, a leading private equity firm. Most people who hop to the buyside use the sellside as a feeder. Prioritizes tasks and is well organized. Let AB Private Credit Investors Know You Want To Work There. 6. Headquarters: Chicago, IL. 2. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Companies typically have robust business models, strong competitive positions, sustainable enterprise value and predictable cash flow profiles. Prior to that, Kocher was an operational due diligence analyst at Barclays Wealth Americas and Barclays Global Investors. The highest-paying job at AllianceBernstein is a Managing Director with a salary of $550,981 per year. AB-PCI invests in middle-market companies across various industry sectors. excuses voor het ongemak. All the major banks usually put out HY Outlook reports every year which covers the primary market moving topics / industry trends. Rank: Monkey. Comparably will give AB Private Credit Investors the opportunity to hire you. Most people definitely just move to a different kind of credit investing. 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 . 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. Before joining AB in 2021, he was a director at First Eagle Alternative Credit and THL Credit, which was acquired by First Eagle. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Anticipates client needs. Austin, Texas, By clicking Agree, I consent to our data usage policies as stated. Foshager holds a BBA in finance from the University of Wisconsin, Oshkosh, and an MBA from Arizona State University. The skillsets begin to diverge the longer you spend doing either and your network is completely different as well. Business Analyst - Private Credit - $175,000-200,000 Salary + Bonus. Kalola is a CFA charterholder. Our investors and portfolio companies benefit from the platforms scale, fund financing structures and a seasoned, cohesive investment team. Prior to Norwest, Land was a senior investment analyst at Prudential Capital Group. Headquarters: New York, NY. 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. Est aperiam commodi molestiae exercitationem cum. Specific to private debt, the firm has been increasing the amount of capital dedicated to the strategy. Lifestyle is better (but likely paid less than PE counterpart). Firm: Hamilton Lane We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high net worth investors. 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, 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. Et fuga dolorem exercitationem accusamus aliquam quia. Y 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. 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. Exercitationem fugit doloribus ipsum non quisquam optio. om ons te informeren over dit probleem. See you on the other side! 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 average AllianceBernstein salary ranges from approximately $53,732 per year for an Administrative Assistant to $550,981 per year for a Managing Director. 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. J Guys that understand credit and creditor rights tend to do well with hairy or bankrupt capital structures. 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. He was formerly a senior associate with Fifth Street Asset Managements Technology & Venture Lending Group, where he underwrote both venture debt and middle market investments. 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. 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. 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. Intuitively I would think it's much easier to generate high fees investing in equities than lending at par. AllianceBernstein . We offer high-quality research and diversified investment services to institutional and individual investors worldwide. AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. Fair prices/fees for products and services. P A Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. 11. People with 2-3 years of banking experience and 2-3 years of investing experience (senior associate level) comp around $250k - $375k. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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. Before that, Fear was a vice president focused on M&A advisory at Robert W. Baird in London and Chicago. GrowthCap is pleased to announced the Top 20 Private DebtFirms of 2019. He is a CFA charterholder. AllianceBernstein employees attributed a compensation and benefits rating of 3.3/5 stars to their company. The firms U.S. direct lending strategy, which is handled through Ares Capital Corporation (NASDAQ: ARCC), represents the largest BDC in the United States. Q Discover unique insights from growth investors and leading executives. The information contained in this website is the property of GrowthCap. 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. She is a registered Certified Public Accountant (CPA) in New York State. The lines get somewhat blurred because some mezz groups will decide to do TLB or unitranche in certain situations, while others won't deviate from a mid-teens target return. Our fully committed financing solutions and efficient transaction process provide the certainty and flexibility required in todays competitive M&A market. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. He was formerly an associate at Norwest Mezzanine Partners. I Capital, where he held a similar role. Active, Closed, This describes the type of investor this organization is (e.g. C) Salary.com using cookies (as described here) to refine and tailor the website visitor experience. AllianceBernstein received an overall trust score of 77.9, with the No. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.8. Headquarters: Charlotte, NC. Sensitivity to customer needs in the current economic and financial climate, IBD's 25 Most Trusted Financial Companies. Prior to that, Fear was a director with CapitalSource in the US and Europe. 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. 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. No carry for another 4 years, Experienced VP Interviews - Fit Questions. 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. 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 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. GSO sits as a distinct division of Blackstone, the $472bn global asset management firm founded in 1985 by Pete Peterson and Stephen Schwarzman. L Firm: Crescent This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Wouldnt really make sense. Firm: THL Credit Learn more in our Cookie Policy. Odio ipsam quis omnis error omnis id. The decision to conduct operations from an alternate location will be made as soon as we determine the severity of the business disruption. They are called private because unlike publicly . Prudential, AB Credit Investors, Antares), tons of BDCs (Ares, Prospect Street, Gladstone) and plenty of private MM funds. On the topic I know someone who went from Private Credit to Lev Fin at a BB at around the VP level in London. 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. More than 6,500 consumers were surveyed in two polls conducted during June and July. You are not permitted to publish, transmit, frame or otherwise reproduce this information, in whole or in part, in any format to any third party without the express written consent of GrowthCap. los inconvenientes que esto te pueda causar. Disculpa 6 on their list of the Top 25 Most Trusted Financial Companies for 2022. 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. Total 2 Salaries. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. Investment structures are wide ranging and include senior, unitranche, mezzanine, and subordinated debt facilities. 5. Kocher holds a BBA and MPA from the University of Texas at Austin. In the US, a lot more institutions extend credit allowing for non-bank lenders (BDCs, private credit funds, etc). This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. The firm focuses on $10m to $75m investments in middle market businesses with $50m to $500m in revenue and $10m to $50m in EBITDA. The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. 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.

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ab private credit investors salary