ab private credit investors salary

Private Credit Investors | AB 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). We offer the right mix of capital flexibility and experience to partner with middle market companies. N 10. 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. to let us know you're having trouble. You can update your choices at any time in your settings. Participates in client meetings and calls. Firm: Crescent 20. He holds a BA in biological basis of behavior and BS in economics with a concentration in finance from the University of Pennsylvania. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The information contained in this website is the property of GrowthCap. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Associate, Private Credit Investors in AB LP. 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. Forms opinions and is discreet about confidential information. Firm: Guggenheim Investments Typically consists of a base of $110-$120k and the remainder is bonus. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. H 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. H He was previously a managing director with CIT Group, where he led the restaurant industry practice within Corporate Finance for seven years. Before joining AB in 2021, he was a director at First Eagle Alternative Credit and THL Credit, which was acquired by First Eagle. The decision to conduct operations from an alternate location will be made as soon as we determine the severity of the business disruption. Location: Austin, John Schissler joined AB in 2022 and is a Managing Director with AB Private Credit Investors, where he is involved in portfolio-management activities, including value-maximization and performance improvement initiatives. Quality of products and services. GSO is considered one of the worlds largest credit-oriented asset managers and currently boasts $128bn in credit assets under management. 8.5 million company & government reported. 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. 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. 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. As a firm, Barings manages more than $300bn in total assets across the globe. With that in mind, we are providing you with this information on our business continuity plan. Headquarters: Boston, MA. There are too many to name. Oral Communication Skills: Participates effectively in meetings and presentations. In private equity, an investor owns all or part of the company. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. good amount of vacation and personal days, About AllianceBernstein I agree that it's not likely. Business Analyst - Private Credit - $175,000-200,000 Salary + Bonus In my experience (limited to Real Estate), debt doesn't pay as well across the board as return profiles are generally far more conservative. 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. https://www.bloomberg.com/news/articles/2018-06-01/public-pensions-gorge-on-private-debt-in-quest-for-big-returns. Kalola is a CFA charterholder. Leuchtman holds a BA in political science and an MHA from the University of Florida. Cohen was previously a vice president with Goldman Sachs Specialty Lending Group, where he led deal teams in the underwriting, execution and portfolio management of investments across several sectors. Aut voluptatum maxime quia ex dicta sit similique. Q AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. Nous sommes dsols pour la gne occasionne. 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. Recent estimates place total private debt assets under management at approximately $640 billion. We generally underwrite senior secured unitranche debt but have the flexibility to invest across the capital structure to support our clients unique needs. J Location: Houston, Drew Miller is a Managing Director of AB Private Credit Investors, where he leads West Coast sponsor originations across a variety of industries. AB Private Credit Investors | LinkedIn 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. Firm: THL Credit Nobis ad corporis enim cumque. message, contactez-nous l'adresse 4. Lamentamos pelo inconveniente. The firm currently manages more than $24bn in total assets. 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. Agrawal previously held a similar role with Barclays Private Credit Partners, having first joined Barclays as an associate in the US Leveraged Finance Group. Before that, he served as a partner and managing director of the Texas Growth Fund, a middle market private equity firm. real person. Wouldnt really make sense. The estimated base pay is $75,617 per year. Phenom People Raises $30 Million in Series C Proving the HR All fields are required for calculation accuracy. GrowthCap Partners, LLC is a FINRA (http://www.finra.org/) and SIPC (http://www.sipc.org/) Member Firm. Capital, where he held a similar role. 8. Alexander was previously a director at ORIX, where he held a similar role. Guggenheim is a global asset management and investment advisory firm with more than $203bn in assets under management. AllianceBernstein Private Wealth Associate Salaries | Glassdoor Let AB Private Credit Investors Know You Want To Work There. How much do AllianceBernstein employees make? The firm focuses on companies with $10m to $150m in revenue and $3m to $20m in EBITDA. 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. He holds a BBA with a concentration in finance and accounting from Texas Christian University. He was formerly an assistant vice president in the Corporate Credit Group at Bank of America Merrill Lynch. AB Private Credit Investors Culture | Comparably Most people who hop to the buyside use the sellside as a feeder. 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. It depends on when you jump. Golub Capital has been a mainstay in middle market lending since its founding more than 25 years ago. AllianceBernstein employees rate the overall compensation and benefits package 3.3/5 stars. Does anyone in here work in compliance at AllianceBernstein? If you continue to see this Associate, Private Credit Investors Job Opening in Austin, TX at AB LP Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Initiative/Work Ethic: Self-starter. Prior to that, Raper was a vice president in the Information Technology Group at Barclays, where he was responsible for building the technology platform for the leveraged-finance business. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.8. Bain Capital Credit employs 294 investment professionals in a multi-strategy approach across global bank loans, structured credit, high income and multi-asset credit, distressed and special situations, as well private debt opportunities. . Prior to joining the team, he launched TriplePoint Capitals New York office in 2017 and most recently led its East Coast investment team. GrowthCap Partners, LLC is not a retail broker-dealer and does not provide research or analyst reports or solicit or carry accounts for, or offer or sell securities products to retail customers. 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. 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. [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. He was formerly an analyst with Prudential Capital Group. How much do AllianceBernstein employees make? Intuitively I would think it's much easier to generate high fees investing in equities than lending at par. Headquarters: Los Angeles, CA. 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. 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 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. They are called private because unlike publicly . 1 spot earning an 85.3. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. 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. Location: Austin, David Foshager is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Crescent has been strictly focused on credit investing for over 25 years. San Francisco Bay Area, Silicon Valley), This is the parent Organization of the sub-organization, Operating Status of Organization e.g. Guys that understand credit and creditor rights tend to do well with hairy or bankrupt capital structures. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. Discover unique insights from growth investors and leading executives. Not that the BSL space is any better though, record CLO new issuances just feeding the demand for new shitty paper. Do you believe debt breeds managerial excellence? why is private debt so big in the us and not elsewhere? This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. GrowthCap is a trade name for GrowthCap, LLC and its subsidiaries and other affiliates which include: GrowthCap Partners, LLC, a Delaware limited liability company, registered broker-dealer and FINRA and SIPC member firm, which provides independent financial advice on private placements, mergers, acquisitions, financial restructurings and similar corporate finance matters, and financial advisory. Location: Austin, Sean Kennedy 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. Dolor vel quod est officiis magnam porro omnis. He joined AB Private Credit Investors in 2016 as an associate. Previously, she was the operations manager for LookNook and a senior associate at Austin Asset. G Click the checkbox next to the jobs that you are interested in. IAPD - Investment Adviser Public Disclosure - Homepage 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. He is a member of the investment committee and leads the teams investments in digital infrastructure and services. 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. 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.