Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail X President and Founding MemberAB Private Credit Investors, Brent Humphries joined AB in 2014 as a founding member and President of AB Private Credit Investors, where he has primary responsibility for overseeing all aspects of the business, including chairing the investment committee, fundraising, investor relations, investment originations, structuring and underwriting, as well as ongoing portfolio management and compliance. Headquarters: Boston, MA. 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. 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. AllianceBernstein . 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. He was formerly an associate in the Fixed Income Global Credit Research Group at AB, focusing on high-yield and leveraged-loan transactions. ein Mensch und keine Maschine sind. 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. He was formerly an assistant vice president in the Corporate Credit Group at Bank of America Merrill Lynch. See you on the other side! Before that, he worked in private equity for the State of Wisconsin Investment Board and for Pfingsten Partners, a lowermiddle market private equity fund. The information contained in this website is the property of GrowthCap. J Caso continue recebendo esta mensagem, Als u dit bericht blijft zien, stuur dan een e-mail 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. No carry for another 4 years, Experienced VP Interviews - Fit Questions. 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. 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). Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. allstar101. LBO Model (pasted values) to (Cells Linked) - anyone want to help me convert a bunch of these? Wouldnt really make sense. GrowthCap expressly disclaims all warranties, including any warranty as to the correctness, quality, accuracy, completeness, reliability, performance, timeliness, or continued availability of any information on this website, and any implied warranties, including any implied warranty of merchantability or fitness for a particular purpose. Quia consequuntur est reiciendis molestiae aperiam qui nam a. Repellat velit laboriosam cupiditate nihil et tenetur deserunt. All fields are required for calculation accuracy. He holds a BBA in finance and a BS in Spanish from Southern Methodist University. Job Summary AB-PCI is looking for an associate to work as part of the investment team. GrowthCap is providing such links solely as a convenience to you. San Francisco Bay Area, Silicon Valley), This is the parent Organization of the sub-organization, Operating Status of Organization e.g. More than 6,500 consumers were surveyed in two polls conducted during June and July. B Click here to see the total pay, recent salaries shared and more! acquisition financing, expansion capex, working capital, or anything else? A very small number ends up working for PE funds. Can anyone explain what types of debt / funding a BDC can offer? Quality of products and services. Obviously with distressed debt or mezz debt it can be a bit different but by and large equity generates higher returns and pays out better. Angel, Fund of Funds, Venture Capital). He holds a BS in economics and finance from Minnesota State University, Mankato. Prior to Escalate, he helped start Alert Media, a mass-notification software business based in Austin, Texas. These strategies include syndicated loans, high yield bonds, institutional and alternative credit, as well direct lending. Wenn Alexander was previously a director at ORIX, where he held a similar role. We provide secured loans including first lien, unitranche, and second lien loans. We also selectively consider investments in mezzanine debt, structured preferred stock, and minority equity co-investments. This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. If it's early on and you have some reasonably relevant experience then yes, I think its possible. 8. Grimm holds a BS in mechanical engineering from Tulane University and an MBA from the Samuel Curtis Johnson Graduate School of Management at Cornell University, where he was a Roy H. Park Leadership Fellow. M Wir entschuldigen uns fr die Umstnde. GrowthCap, the GrowthCap logo and other GrowthCap trademarks and service marks referenced herein are trademarks and service marks of GrowthCap. They will also selectively consider mezzanine debt investments. Et possimus ullam atque minus nesciunt. Apollo, Blackstone/GSO, Carlyle), some at large financial institutions (e.g. Leuchtman holds a BA in political science and an MHA from the University of Florida. Details. 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. This website contains links to certain Internet sites (the Sites) sponsored and maintained by third parties. Ethical business practices and values. R If you're ready to innovate and grow your career, join us. Goldman Sachs has been involved in direct credit investing through its Merchant Banking Division since 1996. Nobis ad corporis enim cumque. The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. Firm: CVC Credit Partners AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. A Is credit trading, or doing credit research on a desk at a BB and then moving to a direct lender / BDC a realistic option? Weiss began his career as an analyst at NationsBank. The firms U.S. direct lending strategy, which is handled through Ares Capital Corporation (NASDAQ: ARCC), represents the largest BDC in the United States. Firm: Kayne Anderson We have a demonstrated track record of consistently producing attractive, risk-adjusted returns throughout low-rate environments. Prior to Fifth Street, Cooper was a senior investment analyst at Prudential Capital Group. Firm: Ares why is private debt so big in the us and not elsewhere? The firm currently manages over $83bn in total assets and employs more than 1,200 professionals across 19 offices worldwide. Because why would you want to? Edit Lists Featuring This Company Section, Investors Active in Greater Los Angeles Area, Austin Companies With More Than 10 Employees. 18. Headquarters: Houston, TX. Edit Details Section. Another route could be Rx or distressed investing. Previously, she was the operations manager for LookNook and a senior associate at Austin Asset. AB Private Credit represents the $8bn direct lending arm of AllianceBernstein, the $550bn global asset manager. Headquarters: Chicago, IL. Foshager holds a BBA in finance from the University of Wisconsin, Oshkosh, and an MBA from Arizona State University. NYC, ATL, etc.) 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?) What Is Private Credit? - CION Investments WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. 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. Recent estimates place total private debt assets under management at approximately $640 billion. You have some at large BBs (e.g. Given its size, the firm is broadly diversified across different investment strategies and asset classes. Additional pay could include bonus, stock, commission, profit sharing or tips. Sean Kennedy - Director - AB Private Credit Investors - LinkedIn Learn how this feature works. 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. If can indicate the location (i.e. Tell AB Private Credit Investors you're interested in working at the company, while keeping your personal identity anonymous. Get email updates for new Private Investor jobs in United States. The firm specializes in credit and opportunistic investments, which includes a robust direct lending effort focused on lower middle and middle market businesses. Sensitivity to customer needs in the current economic and financial climate, IBD's 25 Most Trusted Financial Companies. BlackRock is the largest asset manager in the world with approximately $6 trillion in assets under management globally. It's weird that people tend to think of equity investment superior than credit investment. Much less than banking or PE. Companies typically have robust business models, strong competitive positions, sustainable enterprise value and predictable cash flow profiles. Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. Intuitively I would think it's much easier to generate high fees investing in equities than lending at par. C) Salary.com using cookies (as described here) to refine and tailor the website visitor experience. per informarci del problema. 1. AB Private Credit Investors Investment Associate S E $205M: Jobs. Vp/vice President Of Ab Private Credit Investors Salary Austin, Texas, By clicking Agree, I consent to our data usage policies as stated. By agreeing to submit your resume, you consent (in accordance with our Terms of Use and Privacy Policy) to: Should you have any questions or wish have your information removed from our service, please contact us here. A) Salary.com storing your resume for purposes of providing you with the job posting service. Through close partnerships with our clients, we collaborate on investment strategies across regions and sectors to inspire innovative thinking and deliver superior outcomes. 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. Vp/vice President Of Ab Private Credit Investors salaries are collected from government agencies and companies. She joined AB Private Credit Investors in 2016 as an associate. Sign in to create your job alert for Private Investor jobs in United States. 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. He began his career in transaction services at PricewaterhouseCoopers. Private Credit Investors | AB Initiative/Work Ethic: Self-starter. V 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. He joined AB Private Credit Investors in 2015 as an associate. We offer our talent the opportunity to grow professionally while working on cutting-edge ideas and outcomes in a global culture that operates as a tight-knit community. 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. The firms direct lending efforts are focused on opportunities between $5m and $75m in EBITDA and enterprise values of $25m to $500m. The skillsets begin to diverge the longer you spend doing either and your network is completely different as well. She was formerly an analyst in the Consumer and Retail Investment Banking Group at J.P. Morgan and an analyst in private wealth management at Goldman Sachs. D 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. Awardees were selected based onapplication submissions and evaluation of firm performance including historical growth and impact on private business. Swetnam was formerly an associate in the Leveraged Finance Group at ORIX. L 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. Firm: GSO Capital Partners (Blackstone) 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. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%-10%+. Izzo holds a BA in economics from Princeton 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. 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. He previously held the same position with Barclays Private Credit Partners. Fear holds a BBA in accounting from the University of Notre Dame and is a Certified Public Accountant (CPA). The estimated base pay is $75,617 per year. R 8. 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. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%10%+. 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. Drent holds a BA in business economics, accounting and mathematics from the University of California, Los Angeles. Our Business Continuity Plan addresses all areas affected by a business disruption of any type, including data backup and recovery; financial and operational assessments; alternative communications with clients, employees and regulators; alternate physical location of employees; critical supplier, contractor and bank impact; and regulatory reporting. AllianceBernstein received an overall trust score of 77.9, with the No. message, contactez-nous l'adresse Voluptatibus pariatur nisi sed qui tempora odit voluptatibus. Your input helps Glassdoor refine our pay estimates over time. Private Market Talks Episode 2: Driving Alpha with AB Private Credit 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. Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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. Investment structures are wide ranging and include senior, unitranche, mezzanine, and subordinated debt facilities. That said, some switch to lev finance. AB PRIVATE CREDIT INVESTORS MIDDLE MARKET DIRECT LENDING MANAGEMENT LLC is a Delaware Limited-Liability Company filed on February 5, 2015. Why's that? The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. Fixed Income/Private Credit Senior Investment Analyst, TEXAS MUNICIPAL RETIREMENT SYSTEM, Austin, TX. He was previously a managing director with CIT Group, where he led the restaurant industry practice within Corporate Finance for seven years. Headquarters: New York, NY. enva un correo electrnico a or Want to Sign up with your social account? Before that, he served as a partner and managing director of the Texas Growth Fund, a middle market private equity firm. I'll expand a little on why I think this is the right answer: In a lot of countries banks are the primary means of extending credit into the economy. 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. With that in mind, we are providing you with this information on our business continuity plan. He was formerly an associate at Norwest Mezzanine Partners. We offer a range of financing solutions customized for the needs of our borrowers. 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. GSO is considered one of the worlds largest credit-oriented asset managers and currently boasts $128bn in credit assets under management. K He was previously a managing director at ICON, where he held a similar role and acquired deep experience in the industrial, manufacturing, shipping and business services arenas. Firm: Main Street Capital Corporation Disculpa Gimlett holds a BBA in finance from the University of Notre Dame. The firms direct lending strategy is typically deploying $20m to $100m in capital in first lien, unitranche, and second lien structures to support acquisition financings, growth capital needs, leveraged buyouts, recapitalizations, and secondary purchases. Click the checkbox next to the jobs that you are interested in. Who We Are He holds a BS in finance from Brigham Young University and an MBA (with honors) from the University of Chicago Booth School of Business. 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. 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. GrowthCap shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever, for: 1. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. Total 2 Salaries. Do you believe debt breeds managerial excellence? Fear is also responsible for generalist sponsor originations across a variety of industries. We manage approximately $14.5 billion in investable capital (as of September 30, 2022), and can make sizable commitments to facilitate new and repeat transactions to support the growth needs of our borrowers. AB Private Credit Investors | LinkedIn Takes ownership of projects and drives the process but also knows when to ask for help. Discover more funding rounds . Business Analyst - Private Credit - $175,000-200,000 Salary + Bonus. We offer the right mix of capital flexibility and experience to partner with middle market companies. 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. Select Accept to consent or Reject to decline non-essential cookies for this use. Choice Health at Home raised $190,000,000 / Debt Financing from AB Private Credit Investors and 2 other investors . Velit est voluptatibus eius quia magnam optio. Our customized financing solutions and efficient transaction process provide greater certainty for middle market companies. Firm: BlackRock Private credit is a way for businesses to raise capital (money). Firm: Guggenheim Investments The firm focuses on companies with $10m to $150m in revenue and $3m to $20m in EBITDA. https://www.bloomberg.com/news/articles/2018-06-01/public-pensions-gorge-on-private-debt-in-quest-for-big-returns. A few people also go on to become CFOs. A K They are called private because unlike publicly . Headquarters: New York, NY. Molestiae nihil adipisci illum quia magni. 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. Lamentamos pelo inconveniente. 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. 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. Miller joined the firm in 2015 as a Director of AB Private Credit Investors. 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. Main Street has invested in more than 180 companies across 50 industries since inception. 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. I don't think it's likely anyone is moving to lev fin after being on the buyside. This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022.
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ab private credit investors salary