AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. Know Your Worth. It is also exploring other efforts to bolster its focus on private credit, an area the firm sees as an attractive place for growth going forward. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. Possimus quis eveniet at quo. GrowthCap Partners, LLC provides independent financial advice on private placements, mergers, acquisitions, financial restructurings and similar corporate finance matters and financial advisory. In terms of exits, I've read that most people tend to stay in industry, but what other opportunities are possible with private credit investing experience? As a firm, Barings manages more than $300bn in total assets across the globe. I've seen them move to mezz funds, but less commonly equity funds. 4. GrowthCap Partners, LLC has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. 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 firms direct lending arm, Apollo Investment Corporation (AIC), is a publicly traded BDC with approximately $20bn in assets under management. Quality of products and services. 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. 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. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. 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. Learn how this feature works. or Want to Sign up with your social account? Its three main strategies include performing credit, credit opportunities & special situations, and private debt. You are prohibited from using any marks for any purpose including, but not limited to use as metatags on other pages or sites on the World Wide Web without the written permission of GrowthCap or such third party, which may own the marks. AB Private Credit Investors . Quia molestias nihil ad laudantium rerum et doloremque. Before that, he was a senior mechanical design engineer with Motorola. The estimated base pay is $75,617 per year. Before that, Bielinski was a managing director with Richard C. Breeden & Co., an advisory firm headed by a former chairman of the US Securities and Exchange Commission. Companies typically have robust business models, strong competitive positions, sustainable enterprise value and predictable cash flow profiles. Pyeatt holds a BS in financial planning from Texas Tech University. 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. He began his career in transaction services at PricewaterhouseCoopers. Voluptatibus pariatur nisi sed qui tempora odit voluptatibus. Any good recommendations out there? 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. E Firm: Hamilton Lane Much less than banking or PE. 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. Specific to private debt, the firm has been increasing the amount of capital dedicated to the strategy. Today the firm is positioned as a global investment manager across multiple asset classes with $196bn in assets under management. In the US, a lot more institutions extend credit allowing for non-bank lenders (BDCs, private credit funds, etc). Prior to that, Kennedy was an associate in the Asset and Principal Finance Group at Nomura Securities. AB-PCI invests in middle-market companies across various industry sectors. Crestline Investors is an alternative investment management firm founded in 1997. The group maintains a strong credit culture and pursues a highly selective investment process based on fundamental due diligence and a focus on transaction terms and documentation. Hope that helps. 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. Demonstrates strong attention to detail. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. P Rank: Monkey. Your use of the products and services on this website may be monitored by GrowthCap and the resultant information may be used by GrowthCap for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organization. She holds a BS in business administration and finance from Texas A&M University. The firms private credit offering provides numerous direct lending solutions to middle market borrowers, including first lien, unitranche, and second lien loans. THL Credit is the $15.8bn credit investment affiliate of Thomas H. Lee Partners, a leading private equity firm. 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. Alexander was previously a director at ORIX, where he held a similar role. Before that, he was an associate at The Riverside Company, a middle market private equity firm. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. 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. GrowthCap cannot and does not guarantee continuous, uninterrupted or secure access to this website. 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. Ares direct lending strategy is focused on the traditionally underserved financing needs of private middle market companies. Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. He also assists with fund-raising and deal-sourcing within ABs financial advisor network. That said, some switch to lev finance. 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. As a senior credit team member, he plays a leadership role in structuring, underwriting and execution, as well as portfolio management for investments in healthcare, digital infrastructure and other industries. We also selectively consider investments in mezzanine debt, structured preferred stock, and minority equity co-investments. Fair prices/fees for products and services. Swetnam was formerly an associate in the Leveraged Finance Group at ORIX. Select Accept to consent or Reject to decline non-essential cookies for this use. Apollo operates one of the largest alternative credit platforms in the world. In addition, she is responsible for business initiatives such as technology-focused growth capital solutions, oversees investments in the healthcare/HCIT sectors, and covers select East Coast financial sponsors with an emphasis on technology, healthcare and business services. 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. 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. BlackRock is the largest asset manager in the world with approximately $6 trillion in assets under management globally. Guys that understand credit and creditor rights tend to do well with hairy or bankrupt capital structures. 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. AB PRIVATE CREDIT INVESTORS LLC ( CRD # 173027/SEC#:801-80389 ) AB PRIVATE CREDIT INVESTORS LLC, ALLIANCEBERNSTEIN PRIVATE CREDIT INVESTORS LLC. Almost all private credit shops require sell-side experience first, and most if not all of the big ones recruit exclusively out of BB Lev Fin groups. J (Ares, Golub, Owl Rock). He holds a BA in biological basis of behavior and BS in economics with a concentration in finance from the University of Pennsylvania. Financial Services. Prior to joining Barclays, she was a vice president at Goldman Sachs, in the Specialty Lending Group in New York, and in London, where she oversaw a European leveraged-loan portfolio and managed restructurings. I would try to obtain one of those (maybe your HY research team put one together and can send). The Registered Agent on file for this company is The Corporation Trust Company and is located at Corporation Trust Center 1209 Orange St, Wilmington, DE 19801. 17. 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. AllianceBernstein (AB) is a global investment-management firm providing industry-leading research and investment solutions through a combination of innovation, intellectual curiosity and relentless ingenuity. With that in mind, we are providing you with this information on our business continuity plan. F $200,000.00, Venture University Investor Accelerator Program, Chief Financial Officer - Investment Firm, PART TIME CHIEF INVESTMENT OFFICER, Seniors welcome, Chief Financial Officer- High Growth Market Leader - Industrial Equipment Distribution, 78677, Chief Executive Officer Specialty Contractor Business Private Equity, 78612, Chief Operating Officer - Falconer (early-stage startup), Business Development & Investor Relations Vice President Intermediary & High-Net-Worth Capital Raising, President Single Residential Construction Services; Private Equity ownership, 78669, Chief Operating Officer - This Is Not a Remote Position. B) Salary.com being able to use your name and address to tailor job posting to your geographic area. She began her career as an auditor at Ernst & Young. Headquarters: New York, NY. I kinda meant why cant you go sellside ---> buyside ----> sellside? These strategies include syndicated loans, high yield bonds, institutional and alternative credit, as well direct lending. Guggenheims direct lending strategy is focused on $30m to $500m financing solutions in first lien, second lien, and unitranche structures. om ons te informeren over dit probleem. Develop an understand of the AB-PCI investment philosophy and credit discipline and be able to apply it in the context of both the assessment of investment opportunities and transaction execution. ABs policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria. He holds a BBA with a concentration in finance and accounting from Texas Christian University. Prior to joining the team, he launched TriplePoint Capitals New York office in 2017 and most recently led its East Coast investment team. Firm: Main Street Capital Corporation para informarnos de que tienes problemas. Does anyone in here work in compliance at AllianceBernstein? Molestiae nihil adipisci illum quia magni. He holds a BS in business from Tulane University and an MBA from the Kellogg School of Management at Northwestern. In 2018, Kayne raised $3.1bn for its most recent senior credit fund. There are too many to name. Y Among other things, we secure and monitor our datacenter, regulate our data communication lines and maintain and supervise password policies and procedures to limit access to our data. 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. Firm: Guggenheim Investments 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. Vp/vice President Of Ab Private Credit Investors salary is full-time annual starting salary. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Gimlett holds a BBA in finance from the University of Notre Dame. Private credit is a way for businesses to raise capital (money). Previously, she was the operations manager for LookNook and a senior associate at Austin Asset. NO WARRANTIES AS TO CONTENT; NO LIABILITY FOR CONTENT. WSO depends on everyone being able to pitch in when they know something. 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. Wouldnt really make sense. - He was formerly a managing director of restructuring and special situations at PPHB, where he led the restructuring and performance-improvement practice. 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. Based on your input and our analysis. Each salary is associated with a real job position. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. Previously, Foshager was a vice president at GE Capital. He holds a BS in finance from Brigham Young University and an MBA (with honors) from the University of Chicago Booth School of Business. 18. Edit Recent News and Activity Section. It's weird that people tend to think of equity investment superior than credit investment. Please enable Cookies and reload the page. Why are headhunter firms all predominantly women? Prior to Norwest, Land was a senior investment analyst at Prudential Capital Group. 1 spot earning an 85.3. Headquarters: Boston, MA. We have a broad investing mandate centered on resilient and diversified business models. Lamentamos Vp/vice President Of Ab Private Credit Investors salaries are collected from government agencies and companies. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.8. 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. The services provided by GrowthCap and our third party providers are on an AS IS basis at your sole risk. Today, Main Street operates as a one-stop provider of capital solutions across debt and equity alternatives with more than $4bn in assets under management. Engage in conversations about Private Wealth Associate pay with other professionals in the community. Nobis ad corporis enim cumque. Crescent has been strictly focused on credit investing for over 25 years. Quia adipisci animi facilis ullam aliquid illum earum. 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. $205M: Jobs. If you're ready to innovate and grow your career, join us. The six qualities consumers selected as most important were: Averages based on self-reported salaries. M 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. Prior to that, Kocher was an operational due diligence analyst at Barclays Wealth Americas and Barclays Global Investors. 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. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. I could be wrong. 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. . TIA. 5. Prior to this, AB-PCIs team members worked at premier investment banks, and in middle-market private equity and private credit investing. Manage transactions with minimal supervision; candidates successful in the role will progress to coordinate the activities of all team members, the investee company, and external advisors. Associate, Private Credit Investors in AB LP. Help make it more accurate by, Native Hawaiian or Other Pacific Islander, Get started with your Free Employer Profile, average salary for a Private Wealth Associate is $58,200 per year in United States, The Ultimate Job Interview Preparation Guide. 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. 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. AB Private Credit represents the $8bn direct lending arm of AllianceBernstein, the $550bn global asset manager. The firms credit investments are centered around two strategies, direct lending and tradeable credit businesses. Firm: Golub Capital Firm: Barings [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. Groves holds a BSBA in finance and leadership studies from the University of Richmond. Identifies key issues, skillfully analyzes problems, and arrives at conclusions which facilitate the execution of a transaction. He is a member of the investment committee and leads the teams investments in digital infrastructure and services. In private equity, an investor owns all or part of the company. Defends position and answers questions well. Prior to H.I.G., Kalola worked for Point Frederick Capital, a hedge fund; Prospect Capital, a hedge fund with a private debt and equity focus; and Chanin Capital Partners, a boutique investment bank. How we do it? Click the checkbox next to the jobs that you are interested in. Headquarters: New York, NY. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 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. Angelo Gordon is a privately-held alternative investment firm with roughly $28bn in assets under management in the global credit and real estate markets. He joined AB Private Credit Investors in 2016 as an associate. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%-10%+. AB Private Credit Investors (AB-PCI) provides investment advisory services with respect to private credit investment portfolios for institutional and high net worth investors. Before that, he served as a partner and managing director of the Texas Growth Fund, a middle market private equity firm. Weiss began his career as an analyst at NationsBank. Before joining GE Capital, he worked for M&I Bank in correspondent banking. Before that, he worked in private equity for the State of Wisconsin Investment Board and for Pfingsten Partners, a lowermiddle market private equity fund. Firm: Goldman Sachs (Merchant Banking & Asset Management Divisions) 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. 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 was previously a director with Barclays Private Credit Partners, where he held a similar role. Prior to PPHB, Schissler held various CEO and CFO operating roles, as well as consulting roles with Alvarez & Marsal and FTI. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. 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. 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.
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