ab private credit investors salary ab private credit investors salary

When they extend to companies, that's effectively private credit but it exists within the banking system. The firms late stage lending strategy is focused on providing growth debt to venture or growth equity backed businesses with at least $10m in recurring revenue. Location: New York, Managing Director and Founding MemberAB Private Credit Investors, Patrick Fear joined AB in 2014 as a founding member and Managing Director of AB Private Credit Investors. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Dolor vel quod est officiis magnam porro omnis. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). He is a member of the investment committee and leads the teams investments in digital infrastructure and services. B) Salary.com being able to use your name and address to tailor job posting to your geographic area. Headquarters: New York, NY. AB Private Credit Investors | 1,190 followers on LinkedIn. Nulla libero velit provident sed et dolorum. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. Location: Austin, Shishir Agrawal joined AB in 2014 and is a founding member and Managing Director of AB Private Credit Investors. Receive alerts for other Associate, Private Credit Investors job openings, Salary.com Estimation for Associate, Private Credit Investors in Austin, TX. Would starting off within the credit fund space be a good career starter? For LevFin Primers I like BAML and Jefferies. Prior to joining AB, Cole was an associate with the Merchant Banking Group at BNP Paribas, where he focused on originating, underwriting and syndicating leveraged loans for sponsor-backed transactions. Sorted by Date, page 1, Related Vp/vice President Of Ab Private Credit Investors Salary, Vp/vice President Of Ab Private Credit Investors Salary, Alliancebernstein Vp/vice President Of Ab Private Credit Investors Salaries, Vp/vice President Of Ab Private Credit Investors Austin, TX Salaries, .NET DEVELOPER (SOFTWARE DEVELOPER, APPLICATIONS) Salary. U 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. I agree that it's not likely. D acquisition financing, expansion capex, working capital, or anything else? If after a significant business disruption you cannot contact us as you usually do at (646) 679-1711, you should go to our website at www.growthcapadvisory.com. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Awardees were selected based onapplication submissions and evaluation of firm performance including historical growth and impact on private business. Location: Los Angeles, Daniel Weiss joined AB in 2016 and is a Managing Director of AB Private Credit Investors, where he leads financial sponsor coverage efforts for Chicago and the Midwest across a variety of industries. 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. T Access to this website is provided by GrowthCap. O Humphries previously worked in leveraged finance with NationsBank and J.P. Morgan, and as a financial analyst with Exxon. Each salary is associated with a real job position. V Can anyone discuss their experience working at a private credit fund (senior loan fund, BDC, etc.)? He formerly held the same role at Barclays Private Credit Partners. 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. 9. Before that, Fear was a vice president focused on M&A advisory at Robert W. Baird in London and Chicago. She joined AB Private Credit Investors in 2016 as an associate. 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. Salary by Company: E Atque earum officiis perferendis mollitia voluptate quod qui. He also assists with fund-raising and deal-sourcing within ABs financial advisor network. Vp/vice President Of Ab Private Credit Investors salary is full-time annual starting salary. Oral Communication Skills: Participates effectively in meetings and presentations. We generally underwrite senior secured unitranche debt but have the flexibility to invest across the capital structure to support our clients unique needs. I'm curious about comp as well if anybody has any data points to share. The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. Miller joined the firm in 2015 as a Director of AB Private Credit Investors. The adviser's REGISTRATION status is listed below. We partner with leading financial sponsors but also lend to non-sponsored companies, including family-owned businesses and public companies in need of a private debt solution. A very small number ends up working for PE funds. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. Client Skills: Forms effective relationships with counterparts at investee companies, including financial sponsors and senior executives. Lamentamos The average AllianceBernstein hourly pay ranges from approximately $31 per hour for an Intern - Hourly to $73 per hour for a Software Engineer. We'll be sending you new jobs as they are posted. 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. We are relationship-focused, with a long history of supporting the growth needs of our borrowers. Location: Austin, David Foshager is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Headquarters: Houston, TX. 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. 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. Lamentamos pelo inconveniente. Capital, where he held a similar role. Q He is a CFA charterholder. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. 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. 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. an. We have a broad investing mandate centered on resilient and diversified business models. Millers experience at GE Capital also included several years of underwriting, portfolio management and debt restructuring. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. We will send you an email to access your personalized report. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. As an integral part of AB, a global asset manager, AB-PCI has a scalable and stable platform that benefits from ABs infrastructure, operational resources and global investment research perspective. 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. 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. Before that, he was a senior mechanical design engineer with Motorola. Headquarters: New York, NY. How much do AllianceBernstein employees make? Hope that helps. Wouldnt really make sense. Initiative/Work Ethic: Self-starter. Availability of data and services are subject to change without notice. Brent joined AB in 2014. 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. 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. Can anyone explain what types of debt / funding a BDC can offer? 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. O With that in mind, we are providing you with this information on our business continuity plan. Kocher holds a BBA and MPA from the University of Texas at Austin. 1 spot earning an 85.3. 3. B 20. Ab Private Credit Investors Email, Phone Number, Employees, Competitors Aut accusantium animi voluptas non consequuntur impedit. I assume they are referring to that sellside is less desirable work compared to buyside? Why are headhunter firms all predominantly women? 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. The firms direct lending arm, Apollo Investment Corporation (AIC), is a publicly traded BDC with approximately $20bn in assets under management. Sensitivity to customer needs in the current economic and financial climate, IBD's 25 Most Trusted Financial Companies. Industries . NO WARRANTIES AS TO CONTENT; NO LIABILITY FOR CONTENT. Si continas viendo este mensaje, Makes persuasive arguments. N Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de X KKRs credit offering originated in 2004 after consistently being approached with proprietary opportunities that didnt fit into its traditional private equity heritage. Odio ipsam quis omnis error omnis id. He began his career in transaction services at PricewaterhouseCoopers. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Prior to PPHB, Schissler held various CEO and CFO operating roles, as well as consulting roles with Alvarez & Marsal and FTI. Related Searches:All Private Wealth Associate Salaries|All AllianceBernstein Salaries. These Terms and Conditions of Use are not intended to, and will not, transfer or grant any rights in or to the information other than those which are specifically described herein, and all rights not expressly granted herein are reserved by GrowthCap or the third party providers from whom GrowthCap has obtained the information. 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 Headquarters: Zug, Switzerland | Denver, CO. Partners Group is one of the largest investment managers in the world focused exclusively on the private markets. 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. Foshager holds a BBA in finance from the University of Wisconsin, Oshkosh, and an MBA from Arizona State University. WSO depends on everyone being able to pitch in when they know something. The skillsets begin to diverge the longer you spend doing either and your network is completely different as well. Als u dit bericht blijft zien, stuur dan een e-mail No carry for another 4 years, Experienced VP Interviews - Fit Questions. Grimm was previously a vice president with GE Capital, where he held a similar role. Firm: Ares Headquarters: Los Angeles, CA Ares manages roughly $96bn in credit assets across 156 funds around the world. 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. Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. M Quia adipisci animi facilis ullam aliquid illum earum. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. Drent holds a BA in business economics, accounting and mathematics from the University of California, Los Angeles. G A E San Francisco Bay Area, Silicon Valley), This is the parent Organization of the sub-organization, Operating Status of Organization e.g. This sector knowledge allows us to tailor financings to a company's specific needs and ensure quick and efficient transaction execution. The asset class has grown consistently and significantly each year over the last 10 years. 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. Is credit trading, or doing credit research on a desk at a BB and then moving to a direct lender / BDC a realistic option? All Rights Reserved. He previously held the same position with Barclays Private Credit Partners. He was formerly an analyst in the Corporate Finance Group at Prudential Capital Group and an associate at AMS Health Care Mortgage Corporation. Sanders holds a BBA in financial consulting from Southern Methodist University. 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?) Fair prices/fees for products and services. and size of the fund, position (analyst/associate) as well, that'd be helpful. Ethical business practices and values. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. C) Salary.com using cookies (as described here) to refine and tailor the website visitor experience. Headquarters: New York, NY. They began with a focus on mezzanine, having deployed over $30bn since inception. 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. Prior to CIT, he was a managing director with Challenger Capital Group, a middle market investment bank. Firm: KKR Credit I would expect a possible next role to be a different kind of credit investing. 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. Main Streets roots date back to the early 1990s when the firm first started providing financing solutions to lower middle market and middle market businesses. View latest Form ADV filed Part 2 Brochures Part 3 Relationship Summary. 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. Know Your Worth. GrowthCap is providing such links solely as a convenience to you. MONITORING OF USE BY GROWTHCAP; NO WARRANTY AS TO THE SECURITY OF THIS WEBSITE. 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. Averages based on self-reported salaries. Prior to that, he was a group marketing manager and head of product management for clustering and high-availability products at Sun Microsystems. "Lending money is easy, the hard part is getting it back.". In my experience (limited to Real Estate), debt doesn't pay as well across the board as return profiles are generally far more conservative. 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. Firm: CVC Credit Partners We focus on midsize companies with EBITDA of $5$50 million and enterprise values of $75$500 million. Prior to that, Fear was a director with CapitalSource in the US and Europe. Libero sunt vero laboriosam nesciunt accusamus labore repellat quas. 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. C 9 Detailed LBO Modeling Tests and 15+ hours of video solutions. 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. Before that, he served as a partner and managing director of the Texas Growth Fund, a middle market private equity firm. 3. Specific to private debt, the firm has been increasing the amount of capital dedicated to the strategy. Location: Austin, Chris Lanshe joined AB in 2016 and is a Director with AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. The firm specializes in credit and opportunistic investments, which includes a robust direct lending effort focused on lower middle and middle market businesses. - G 17. View All . I kinda meant why cant you go sellside ---> buyside ----> sellside? Our model gets smarter over time as more people share salaries on Glassdoor. Velit est voluptatibus eius quia magnam optio. AllianceBernstein employees attributed a compensation and benefits rating of 3.3/5 stars to their company. In 2018, Kayne raised $3.1bn for its most recent senior credit fund. Choice Health at Home raised $190,000,000 / Debt Financing from AB Private Credit Investors and 2 other investors . Y Compensation depends on work experience, job location, bonus, benefits and other factors. Given its size, the firm is broadly diversified across different investment strategies and asset classes. Preceding that, he was a financial analyst in the Investment Management division at Goldman Sachs. If you continue to see this Main Street has invested in more than 180 companies across 50 industries since inception. BDC 2nd Year Analyst - 100-110K Base, 50-70K bonus. The estimated base pay is $75,617 per year. 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. Associate, Private Credit Investors in AB LP. scusiamo se questo pu causarti degli inconvenienti. He was formerly an associate at Norwest Mezzanine Partners. The firms corporate credit platform represents $69bn of assets spread across a variety of strategies. 10. Nous sommes dsols pour la gne occasionne. Kayne Anderson launched its credit offering in 2008 to support private equity sponsors and family-owned businesses in acquisition financings, refinancings, recapitalizations, and growth capital. Sorry, you need to login or sign up in order to vote. para informarnos de que tienes problemas. It operates across three main strategies, including middle market lending, late stage lending, and broadly syndicated loans. She holds a BA (Hons) in economics from the University of Cambridge, England, and an MBA from the Wharton School at the University of Pennsylvania. 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. Engage in conversations about Private Wealth Associate pay with other professionals in the community. He joined AB Private Credit Investors in 2016 as an associate. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Prior to Escalate, he helped start Alert Media, a mass-notification software business based in Austin, Texas. 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. Apollo, Blackstone/GSO, Carlyle), some at large financial institutions (e.g. The firms 350 employees operate across a diverse spectrum of strategies, including leveraged loans, high yield bonds, distressed debt, mezzanine lending, and rescue financings. Click the checkbox next to the jobs that you are interested in. ABs first active ETFs are: Based on your input and our analysis. 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 energy sector and other industries. Voluptatibus pariatur nisi sed qui tempora odit voluptatibus. H Guggenheims direct lending strategy is focused on $30m to $500m financing solutions in first lien, second lien, and unitranche structures. Our customized financing solutions and efficient transaction process provide greater certainty for middle market companies. If you have questions about our business continuity planning, you can contact us at (646) 679-1711. The average AllianceBernstein salary ranges from approximately $53,732 per year for, The highest-paying job at AllianceBernstein is, The lowest-paying job at AllianceBernstein is, AllianceBernstein employees attributed a compensation and benefits rating of 3.3/5 stars to their company. For purposes of this agreement, GrowthCap means GrowthCap, LLC and its subsidiaries and other affiliates, and their officers, directors, managing directors, partners and employees. Most people who hop to the buyside use the sellside as a feeder. MS, GS), some at large PE (e.g. Goldman Sachs has been involved in direct credit investing through its Merchant Banking Division since 1996. Pyeatt holds a BS in financial planning from Texas Tech University. Today the firm is positioned as a global investment manager across multiple asset classes with $196bn in assets under management. 6 on their list of the Top 25 Most Trusted Financial Companies for 2022. Aydanos a proteger Glassdoor verificando que eres una persona real. U He was previously a vice president at Cerberus Capital Chicago, responsible for sourcing, structuring and executing debt financings for financial sponsors. She began her career as an auditor at Ernst & Young. Miller holds a BA in international relations from the University of Memphis and a MAcc from the University of Southern California. In the US, a lot more institutions extend credit allowing for non-bank lenders (BDCs, private credit funds, etc). Firm: Kayne Anderson Credit activities at Apollo are extremely broad, including non-traditional off-the-run asset classes, traditional middle market and corporate loans, and even distressed situations. 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. The services provided by GrowthCap and our third party providers are on an AS IS basis at your sole risk. 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. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Congratulations to this years awardees. 4. Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. enva un correo electrnico a Headquarters: New York, NY. Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. 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. That said, some switch to lev finance. You can update your choices at any time in your settings. Prior to Fifth Street, Cooper was a senior investment analyst at Prudential Capital Group. As others have mentioned, most stay in credit at similar funds. N A few people also go on to become CFOs. Because why would you want to? This website shall mean the website of GrowthCap, which is available to the general public and located at www.growthap.co. The firms $7bn private credit strategy originated in 1998 and is primarily focused on senior, second lien, unitranche, and subordinated debt to middle market businesses with $10m to $150m in EBITDA. If you're ready to innovate and grow your career, join us. 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. . Masters the appropriate analytical techniques and financial models. Do you believe debt breeds managerial excellence? Thanks! Possimus quis eveniet at quo. Ares direct lending strategy is focused on the traditionally underserved financing needs of private middle market companies. 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. More than 6,500 consumers were surveyed in two polls conducted during June and July. Headquarters: New York, NY. Firm: Crescent 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. We take advantage of the our multistate office system by providing alternate locations from which our employees can temporarily perform essential business functions in the event of a firm or community-wide disruption. Molestiae aut enim est repellat. How much do AllianceBernstein employees make? verdade. Headquarters: Los Angeles, CA. 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. 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.