Headquarters: Bala Cynwyd, PA, Hamilton Lane is global alternative investment manager with $58bn in assets under management and more than $409bn in assets under supervision. 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. 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. 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. Ex et sequi odio ea. AB-PCI is a relatively small group of senior investment professionals with a close-knit culture. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. He began his career in transaction services at PricewaterhouseCoopers. The firm is currently underway in raising $10bn for a specific pool of capital focused on direct lending to middle market companies. Firm: Guggenheim Investments Ethical business practices and values. Demonstrates strong attention to detail. Firm: Crestline Investors Prior to joining ICON in 2008, Saini worked for SMBC Capital Markets as a risk-management officer within fixed income. As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. 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. L Caso continue recebendo esta mensagem, Headquarters Regions Southern US; Sub-Organization of . She joined AB Private Credit Investors in 2016 as an associate. Strive to make a positive impact on the people around you by being a team player and an effective project manager, develop strong working relationships, and demonstrate strong commitment to the teams goals consistent with AB-PCIs emphasis on a cooperative and supportive work environment Job Qualifications & Key Attributes The ideal candidate should have: Bachelors degree demonstrating superior academic performance. Do you want to receive a free, professional resume evaluation from TopResume? Responds quickly and accurately to requests. Previously, she was the operations manager for LookNook and a senior associate at Austin Asset. Agrawal holds a BTech in computer science and engineering from the Indian Institute of Technology Bombay, an MS in computer science from Ohio State University, and an MBA in finance and accounting from the University of Chicago Booth School of Business. 2. 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. AB Private Credit Investors Director 2018. Magni in at sapiente in ipsa accusantium. why is private debt so big in the us and not elsewhere? Hope that makes sense. In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. los inconvenientes que esto te pueda causar. 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. In 2018, Kayne raised $3.1bn for its most recent senior credit fund. 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. This sector knowledge allows us to tailor financings to a company's specific needs and ensure quick and efficient transaction execution. Location: Austin, Bob Bielinski joined AB in 2015 as a Managing Director of AB Private Credit Investors, where he leads the teams originations activities in the financial services industry and in the restaurant and franchising industries. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.8. Quia molestias nihil ad laudantium rerum et doloremque. V 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. Director - AB Private Credit Investors Oct 2014 - Present8 years 5 months Austin, Texas Area Middle market direct lending fund with $11.5 billion of investable capital. GrowthCap is pleased to announced the Top 20 Private DebtFirms of 2019. I agree that it's not likely. Atque earum officiis perferendis mollitia voluptate quod qui. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Requires minimal supervision. We provide secured loans including first lien, unitranche, and second lien loans. Location: Austin, Shishir Agrawal joined AB in 2014 and is a founding member and Managing Director of AB Private Credit Investors. You can unsubscribe from these emails at any time. If can indicate the location (i.e. Libero sunt vero laboriosam nesciunt accusamus labore repellat quas. 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. If it's early on and you have some reasonably relevant experience then yes, I think its possible. Millers experience at GE Capital also included several years of underwriting, portfolio management and debt restructuring. The firms 350 employees operate across a diverse spectrum of strategies, including leveraged loans, high yield bonds, distressed debt, mezzanine lending, and rescue financings. Active, Closed, This describes the type of investor this organization is (e.g. Nous sommes dsols pour la gne occasionne. I 2. scusiamo se questo pu causarti degli inconvenienti. Firm: AB Private Credit Let AB Private Credit Investors Know You Want To Work There. 13. Humphries previously worked in leveraged finance with NationsBank and J.P. Morgan, and as a financial analyst with Exxon. 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. NO WARRANTIES AS TO CONTENT; NO LIABILITY FOR CONTENT. 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. B) Salary.com being able to use your name and address to tailor job posting to your geographic area. Foshager holds a BBA in finance from the University of Wisconsin, Oshkosh, and an MBA from Arizona State University. Firm: Ares He holds a BA in biological basis of behavior and BS in economics with a concentration in finance from the University of Pennsylvania. AllianceBernstein Finance & Accounting Salaries 363 salaries (for 129 job titles) Updated 2/26/2023 How much do AllianceBernstein employees make? Know Your Worth. Business Analyst - Private Credit - $175,000-200,000 Salary + Bonus. GrowthCap makes no representations concerning the content of the Sites and the provision of a link does not constitute an endorsement, authorization, sponsorship, or claim of affiliation by GrowthCap with respect to the Site, its owners, or its providers. Get a free, personalized salary estimate based on today's job market. 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. Prior to this, AB-PCIs team members worked at premier investment banks, and in middle-market private equity and private credit investing. I like Fitch's Annual Leveraged Loan Primer; Fabozzi is good if you need an overview of the Asset Class. A few people also go on to become CFOs. AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. 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. They also initiated a senior loan strategy in 2008 focused on financing for mid- to large-sized leveraged buyout, recapitalization, and refinancing transactions. [NYSE: YEAR]: The AB Ultra Short Income ETF, an actively managed ETF, seeks to provide current income, consistent with preservation of capital. Before that, he worked in private equity for the State of Wisconsin Investment Board and for Pfingsten Partners, a lowermiddle market private equity fund. I don't think it's likely anyone is moving to lev fin after being on the buyside. 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. Location: Austin, David Foshager is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Before TriplePoint Capital, he spent three years at Silicon Valley Bank in New York, where he built a team focused on providing debt and equity solutions to Series A and growth-stage companies in the venture ecosystem. Before that, he was an associate at The Riverside Company, a middle market private equity firm. The six qualities consumers selected as most important were: Apollo, Blackstone/GSO, Carlyle), some at large financial institutions (e.g. View latest Form ADV filed Part 2 Brochures Part 3 Relationship Summary. Financial Services. Our model gets smarter over time as more people share salaries on Glassdoor. Ares manages roughly $96bn in credit assets across 156 funds around the world. Y 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. 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. Firm: KKR Credit I've seen them move to mezz funds, but less commonly equity funds. Prior to Norwest, Land was a senior investment analyst at Prudential Capital Group. The information on this website has been prepared for informational purposes without regard to any particular users investment objectives, financial situation, or means, and GrowthCap is not soliciting any action based upon it. We offer a range of financing solutions customized for the needs of our borrowers. Basically its a function of how easy it is to be a non-bank lender in the US vs ROW. Kocher holds a BBA and MPA from the University of Texas at Austin. ABs first active ETFs are: From time to time we participates in disaster recovery exercises to confirm that such stored information remains accurate and accessible to us. 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. 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. 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? Golub Capital has been a mainstay in middle market lending since its founding more than 25 years ago. The average salary for a Credit And Private Investment Risk is $26,877 per year in . Any good recommendations out there? The firms private credit offering provides numerous direct lending solutions to middle market borrowers, including first lien, unitranche, and second lien loans. People with 2-3 years of banking experience and 2-3 years of investing experience (senior associate level) comp around $250k - $375k. AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. Prior to PPHB, Schissler held various CEO and CFO operating roles, as well as consulting roles with Alvarez & Marsal and FTI. O The estimated base pay is $75,617 per year. 19. 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. Prior to that, Pearson was an analyst in the Technology, Media & Telecom Group at Barclays Capital and the Consumer, Food & Retail Group at Houlihan Lokey. He was formerly an associate at Norwest Mezzanine Partners. Today, under his leadership, the business now has more than $14.5 billion of capital under management and is one of the leading middle market direct lenders, with a . He is also responsible for regional intermediary coverage and sponsor coverage of select growth equity firms across the US. AB Private Credit Investors | 1,190 followers on LinkedIn. Who would you say are the more prominent credit funds? 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. The firms direct lending efforts are focused on opportunities between $5m and $75m in EBITDA and enterprise values of $25m to $500m. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Firm: Ares Headquarters: Los Angeles, CA Ares manages roughly $96bn in credit assets across 156 funds around the world. MS, GS), some at large PE (e.g. The firm currently manages over $83bn in total assets and employs more than 1,200 professionals across 19 offices worldwide. I assume they are referring to that sellside is less desirable work compared to buyside? Alexander was previously a director at ORIX, where he held a similar role. Millsaps was formerly an associate director with ORIX, as well as an associate in the Corporate Debt Products Group at Bank of America Merrill Lynch. See you on the other side! In my experience (limited to Real Estate), debt doesn't pay as well across the board as return profiles are generally far more conservative. Initiative/Work Ethic: Self-starter. Buckwalter was formerly an analyst in the Leveraged Finance Group at J.P. Morgan. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Thanks! Through close partnerships with our clients, we collaborate on investment strategies across regions and sectors to inspire innovative thinking and deliver superior outcomes. 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. We offer a range of financing solutions customized for the needs of our borrowers. The firm currently manages more than $24bn in total assets. You are permitted to store, display, analyze, modify, reformat, and print the information made available to you via this website only for your own use. 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. 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. Location: Austin, Lexi Gonzalez joined AB in 2015 and is a Vice President with AB Private Credit Investors, where she is involved in structuring, underwriting and execution, and portfolio management. "Lending money is easy, the hard part is getting it back.". 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. 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. 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. G 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. He was formerly an analyst in the Leveraged Finance Group at Deutsche Bank. good amount of vacation and personal days, About AllianceBernstein Angelo Gordon is a privately-held alternative investment firm with roughly $28bn in assets under management in the global credit and real estate markets. There are too many to name. Companies typically have robust business models, strong competitive positions, sustainable enterprise value and predictable cash flow profiles. message, contactez-nous l'adresse W 6 on their list of the Top 25 Most Trusted Financial Companies for 2022. Swetnam was formerly an associate in the Leveraged Finance Group at ORIX. 8. 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. Participates in client meetings and calls. Defends position and answers questions well. Asked to Co-invest - should I take it? 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. Crestline Investors is an alternative investment management firm founded in 1997. Is credit trading, or doing credit research on a desk at a BB and then moving to a direct lender / BDC a realistic option? 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. Austin, Texas, By clicking Agree, I consent to our data usage policies as stated. R Lifestyle is better (but likely paid less than PE counterpart). Z, Salary by Job: At least two years prior relevant work experience in Leveraged Finance, Financial Sponsor Coverage or M&A investment banking, private equity, or private credit investing while being a top performer. 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. For purposes of this agreement, GrowthCap means GrowthCap, LLC and its subsidiaries and other affiliates, and their officers, directors, managing directors, partners and employees. Molestiae nihil adipisci illum quia magni. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. Main Street has invested in more than 180 companies across 50 industries since inception. Crescent has been strictly focused on credit investing for over 25 years. I [NYSE: YEAR]: The AB Ultra Short Income ETF, an actively managed ETF, seeks to provide current income, consistent with preservation of capital. 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. [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. Discover more funding rounds . Would starting off within the credit fund space be a good career starter? Usually, people just join another fund. Firm: Goldman Sachs (Merchant Banking & Asset Management Divisions) Fair prices/fees for products and services. We will never share, sell, or rent individual personal information with anyone for their promotional use without your advance permission or unless ordered by a court of law. Molestiae aut enim est repellat. If you continue to see this Location: Austin, Casey Millsaps joined AB in 2015 and is a Director of AB Private Credit Investors, where she is involved in structuring, underwriting and execution, and portfolio management. Total 2 Salaries. 11. 1 spot earning an 85.3. 4. Brent joined AB in 2014. Discover unique insights from growth investors and leading executives. Headquarters: New York, NY. Typically consists of a base of $110-$120k and the remainder is bonus. Its Global Private Finance strategy represents its middle market direct lending strategy and totals $11bn in assets under management. Vp/vice President Of Ab Private Credit Investors salary is full-time annual starting salary. 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. 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. Learn how this feature works. Firm: Bain Capital Credit Click the link in the email we sent to to verify your email address and activate your job alert. AB-PCI invests in middle-market companies across various industry sectors. In the US, a lot more institutions extend credit allowing for non-bank lenders (BDCs, private credit funds, etc). envie um e-mail para 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. Prior to joining GE Capital in 2004, he worked for KPMG. Gonzalez holds a BBA in finance from Texas Christian University. 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. He holds a BBA in finance with an emphasis in accounting from the University of Oklahoma and an MBA from Harvard Business School. P It operates across three main strategies, including middle market lending, late stage lending, and broadly syndicated loans. On the topic I know someone who went from Private Credit to Lev Fin at a BB at around the VP level in London. 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. WhiteHorse, the credit affiliate of H.I.G. in NY/Chicago/LA, what's a reasonable comp package to expect? Before joining AB, she was the chief operating officer and head of operational due diligence at Gapstow Capital Partners, an alternative investment advisor. Bank regulation and disintermediation sounds right. 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. Earlier this year, we wrote about The Rise of Private Debt Investing. I kinda meant why cant you go sellside ---> buyside ----> sellside? M Headquarters: Fort Worth, TX. Sanders holds a BBA in financial consulting from Southern Methodist University. We duplicate all critical firm, client, regulatory and financial information on appropriate media, and store the backed-up information at remote locations. Esse qui molestiae molestiae. This job is no longer available, but here are similar jobs you might like. Availability of data and services are subject to change without notice. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%10%+. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Prior to CIT, he was a managing director with Challenger Capital Group, a middle market investment bank. X Why's that? THL Credit is the $15.8bn credit investment affiliate of Thomas H. Lee Partners, a leading private equity firm. - A 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. You have some at large BBs (e.g. $205M: Jobs. 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. 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Fair prices/fees for products and services. BlackRock is the largest asset manager in the world with approximately $6 trillion in assets under management globally.
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