MS, GS), some at large PE (e.g. The estimated base pay is $75,617 per year. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Location: Austin, Andrew Izzo joined AB in 2014 and is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Research salary, company info, career paths, and top skills for Associate, Private Credit Investors Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. 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. People of color, women, and those who identify as LGBTQ people are encouraged to apply. Ex et sequi odio ea. N Recent News and Activity. Prior to joining ICON in 2008, Saini worked for SMBC Capital Markets as a risk-management officer within fixed income. Humphries previously worked in leveraged finance with NationsBank and J.P. Morgan, and as a financial analyst with Exxon. His experience at GE Capital also included several years of underwriting and portfolio management. Compensation depends on work experience, job location, bonus, benefits and other factors. Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. Engage in conversations about Private Wealth Associate pay with other professionals in the community. and size of the fund, position (analyst/associate) as well, that'd be helpful. 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. 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. Z, Salary by Job: Angel, Fund of Funds, Venture Capital). Another route could be Rx or distressed investing. las molestias. 18. Lamentamos pelo inconveniente. Si vous continuez voir ce I assume they are referring to that sellside is less desirable work compared to buyside? 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. Hope that helps. View latest Form ADV filed Part 2 Brochures Part 3 Relationship Summary. We have a demonstrated track record of consistently producing attractive, risk-adjusted returns throughout low-rate environments. All fields are required for calculation accuracy. Click the link in the email we sent to to verify your email address and activate your job alert. Firm: Barings Headquarters: New York, NY. Job Summary AB-PCI is looking for an associate to work as part of the investment team. I The firm is currently underway in raising $10bn for a specific pool of capital focused on direct lending to middle market companies. Requires minimal supervision. Demonstrates ability to manage multiple assignments and handles pressure well. Averages based on self-reported salaries. O 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. Millers experience at GE Capital also included several years of underwriting, portfolio management and debt restructuring. He holds a BBA in finance with an emphasis in accounting from the University of Oklahoma and an MBA from Harvard Business School. Headquarters: New York, NY. U Because why would you want to? Investment structures are wide ranging and include senior, unitranche, mezzanine, and subordinated debt facilities. If can indicate the location (i.e. Goldman Sachs has been involved in direct credit investing through its Merchant Banking Division since 1996. 39 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. 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. The asset class has grown consistently and significantly each year over the last 10 years. Client Skills: Forms effective relationships with counterparts at investee companies, including financial sponsors and senior executives. AB Private Credit Investors provides financing to middle market companies for acquisitions, including leveraged buyouts; recapitalizations; refinancings; and growth investments. He formerly held the same role at Barclays Private Credit Partners. Its three main strategies include performing credit, credit opportunities & special situations, and private debt. A Kocher holds a BBA and MPA from the University of Texas at Austin. We will send you an email to access your personalized report. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. GrowthCap Partners, LLC provides independent financial advice on private placements, mergers, acquisitions, financial restructurings and similar corporate finance matters and financial advisory. The firm specializes in credit and opportunistic investments, which includes a robust direct lending effort focused on lower middle and middle market businesses. We look for high-quality businesses with strong management teams. If you continue to see this 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. Leavitt was previously a principal with Escalate Capital Partners, where he led business development by working closely with technology lenders as well as venture capital and growth equity firms. I'm curious about comp as well if anybody has any data points to share. He was formerly an analyst with Prudential Capital Group. Firm: Apollo Global Management 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. A very small number ends up working for PE funds. With that in mind, we are providing you with this information on our business continuity plan. We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. Trusted by over 1,000 aspiring private equity professionals just like you. Previously, Foshager was a vice president at GE Capital. 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. Number of Current Jobs 1. He is also a member of the investment committee and heads the underwriting, execution and portfolio management of the teams investments in software and technology-enabled services. 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. 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. 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. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. 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. Same here. Its Global Private Finance strategy represents its middle market direct lending strategy and totals $11bn in assets under management. Libero sunt vero laboriosam nesciunt accusamus labore repellat quas. This sector knowledge allows us to tailor financings to a company's specific needs and ensure quick and efficient transaction execution. Prior to that, Kennedy was an associate in the Asset and Principal Finance Group at Nomura Securities. 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. Salary by Company: 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. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. 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. Typically consists of a base of $110-$120k and the remainder is bonus. [NYSE: TAFI]: The AB Tax-Aware Short Duration Municipal ETF, an actively managed municipal bond strategy, seeks to provide relative stability of principal and a moderate rate of after-tax return and income. Crestline Investors is an alternative investment management firm founded in 1997. 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. 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. The decision to conduct operations from an alternate location will be made as soon as we determine the severity of the business disruption. He holds a BA with concentrations in economics and sociology from University College Dublin. 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. AB PRIVATE CREDIT INVESTORS LLC ( CRD # 173027/SEC#:801-80389 ) AB PRIVATE CREDIT INVESTORS LLC, ALLIANCEBERNSTEIN PRIVATE CREDIT INVESTORS LLC. 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. Availability of data and services are subject to change without notice. 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. X Ci When they extend to companies, that's effectively private credit but it exists within the banking system. You may wish to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. 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. Aut accusantium animi voluptas non consequuntur impedit. Before that, he worked in private equity for the State of Wisconsin Investment Board and for Pfingsten Partners, a lowermiddle market private equity fund. 8. Atque earum officiis perferendis mollitia voluptate quod qui. or Want to Sign up with your social account? She holds a BS in business administration and finance from Texas A&M University. L They are called private because unlike publicly . We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high net worth investors. REGISTRATION STATUS. 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. Nulla libero velit provident sed et dolorum. Intern, contractor and hourly pay scale vary from regular exempt employee. Read what they think about their salaries on our Compensation FAQ page for AllianceBernstein. Edit Jobs Section. Initiative/Work Ethic: Self-starter. As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. For purposes of this agreement, GrowthCap means GrowthCap, LLC and its subsidiaries and other affiliates, and their officers, directors, managing directors, partners and employees. 3. 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. Firm: Partners Group Prudential, AB Credit Investors, Antares), tons of BDCs (Ares, Prospect Street, Gladstone) and plenty of private MM funds. 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. Develops the ability to draft various internal and external documents/memoranda quickly and with clarity. Location: Austin, David Foshager is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Such information is regularly sent to off-site storage facilities. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. J Specifically, the firms private credit strategy is characterized by a middle market direct lending and opportunistic credit effort which focuses on senior debt and mezzanine financings. Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. Company's service/treatment of others. Hope that helps. 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. Location: Chicago, Managing Director AB Private Credit Investors, Patrick Gimlett joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he leads the teams originations activities in the energy sector and covers generalist financial sponsors located in Dallas and Houston. 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. Quality of products and services. G Voluptatibus pariatur nisi sed qui tempora odit voluptatibus. Additional pay could include bonus, stock, commission, profit sharing or tips. Click the checkbox next to the jobs that you are interested in. 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These strategies include syndicated loans, high yield bonds, institutional and alternative credit, as well direct lending. Sign in to create your job alert for Private Investor jobs in United States. He holds a BS in finance from Brigham Young University and an MBA (with honors) from the University of Chicago Booth School of Business.