He was formerly an associate in the Fixed Income Global Credit Research Group at AB, focusing on high-yield and leveraged-loan transactions. Guys that understand credit and creditor rights tend to do well with hairy or bankrupt capital structures. Does anyone in here work in compliance at AllianceBernstein? Miller holds a BA in international relations from the University of Memphis and a MAcc from the University of Southern California. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. 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. Not that the BSL space is any better though, record CLO new issuances just feeding the demand for new shitty paper. Firm: Goldman Sachs (Merchant Banking & Asset Management Divisions) Receive alerts for other Associate, Private Credit Investors job openings, Salary.com Estimation for Associate, Private Credit Investors in Austin, TX. If it's early on and you have some reasonably relevant experience then yes, I think its possible. Alexander holds a BBA (Hons) in financial consulting from the Southern Methodist University and an MBA in finance and economics from the University of Chicago Booth School of Business. 8. Averages based on self-reported salaries. Edit Lists Featuring This Company Section, Investors Active in Greater Los Angeles Area, Austin Companies With More Than 10 Employees. Forms opinions and is discreet about confidential information. Guggenheims direct lending strategy is focused on $30m to $500m financing solutions in first lien, second lien, and unitranche structures. 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. The firm currently manages more than $24bn in total assets. GrowthCap, the GrowthCap logo and other GrowthCap trademarks and service marks referenced herein are trademarks and service marks of GrowthCap. Grimm was previously a vice president with GE Capital, where he held a similar role. Prudential, AB Credit Investors, Antares), tons of BDCs (Ares, Prospect Street, Gladstone) and plenty of private MM funds. Investment structures are wide ranging and include senior, unitranche, mezzanine, and subordinated debt facilities. Yes: Debt Financing - Saviynt . He is a member of the investment committee and leads the teams investments in digital infrastructure and services. Apply for the Job in Associate, Private Credit Investors at Austin, TX. Firm: THL Credit R
REGISTRATION STATUS. Prior to that, Fear was a director with CapitalSource in the US and Europe. Makes persuasive arguments. 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. 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. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Through close partnerships with our clients, we collaborate on investment strategies across regions and sectors to inspire innovative thinking and deliver superior outcomes. Know Your Worth. GrowthCap Partners, LLC has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Intern, contractor and hourly pay scale vary from regular exempt employee. Asked to Co-invest - should I take it? Golub Capital has been a mainstay in middle market lending since its founding more than 25 years ago. The firms direct lending efforts are focused on opportunities between $5m and $75m in EBITDA and enterprise values of $25m to $500m. More than 6,500 consumers were surveyed in two polls conducted during June and July. A
Headquarters: New York, NY. Consulting, a management-consulting firm. Details. We duplicate all critical firm, client, regulatory and financial information on appropriate media, and store the backed-up information at remote locations. Edit Jobs Section. I like Fitch's Annual Leveraged Loan Primer; Fabozzi is good if you need an overview of the Asset Class. Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. Crescent has been strictly focused on credit investing for over 25 years. I assume they are referring to that sellside is less desirable work compared to buyside? X
Headquarters: New York, NY. Credit assets under management at Apollo have grown at a CAGR of 29% over the last 10 years and the strategy is backed by over 243 investment professionals. 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. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. AB-PCI is a relatively small group of senior investment professionals with a close-knit culture. Do you believe debt breeds managerial excellence? Location: Austin, Kevin Alexander joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he is also a member of the investment committee. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. They also initiated a senior loan strategy in 2008 focused on financing for mid- to large-sized leveraged buyout, recapitalization, and refinancing transactions. 3. Crescent is also one of the largest providers of mezzanine capital in the market, with its recent fund exceeding its fundraising target by nearly $2bn. The average salary for a Credit And Private Investment Risk is $26,877 per year in . 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. 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. Headquarters: Los Angeles, CA. Another route could be Rx or distressed investing. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The direct lending effort is focused exclusively on highly negotiated investments in middle market companies for growth financings, recapitalizations, and acquisition financings. (Ares, Golub, Owl Rock). 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. Headquarters: New York, NY. Read what they think about their salaries on our Compensation FAQ page for AllianceBernstein. In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. Weiss began his career as an analyst at NationsBank. 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. 19. He holds a BS in business administration from Carnegie Mellon University. GrowthCap makes no representations with respect to information, software, or products from any of the Sites, including any representations regarding the content or sponsors of the Site, or the suitability or appropriateness of the products or transactions described therein. This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. 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
He was previously a managing director with CIT Group, where he led the restaurant industry practice within Corporate Finance for seven years. You have some at large BBs (e.g. Headquarters Regions Southern US; Sub-Organization of . N
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. Q
You may wish to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions. Flexible. Written Communication Skills: Writes in an organized, concise, and persuasive manner. How much do AllianceBernstein employees make? If you have questions about our business continuity planning, you can contact us at (646) 679-1711. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. Prior to that, Kennedy was an associate in the Asset and Principal Finance Group at Nomura Securities. He is also responsible for coverage of financial sponsors located in Austin, Texas. 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. Firm: KKR Credit These totals represent more than $30bn in credit related assets. naar [NYSE: YEAR]: The AB Ultra Short Income ETF, an actively managed ETF, seeks to provide current income, consistent with preservation of capital. He holds a BS in business from Tulane University and an MBA from the Kellogg School of Management at Northwestern. Et fuga dolorem exercitationem accusamus aliquam quia. Y
All the major banks usually put out HY Outlook reports every year which covers the primary market moving topics / industry trends. MS, GS), some at large PE (e.g. He was formerly an associate at Norwest Mezzanine Partners. 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. 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. Active, Closed, This describes the type of investor this organization is (e.g. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%10%+. Location: Chicago, Managing Director AB Private Credit Investors, Patrick Gimlett joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he leads the teams originations activities in the energy sector and covers generalist financial sponsors located in Dallas and Houston. We are sorry for the inconvenience. So that is why you will rarely see the opposite move. All fields are required for calculation accuracy. pour nous faire part du problme. Obviously with distressed debt or mezz debt it can be a bit different but by and large equity generates higher returns and pays out better. 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. For purposes of this agreement, GrowthCap means GrowthCap, LLC and its subsidiaries and other affiliates, and their officers, directors, managing directors, partners and employees. Millers experience at GE Capital also included several years of underwriting, portfolio management and debt restructuring. Choice Health at Home raised $190,000,000 / Debt Financing from AB Private Credit Investors and 2 other investors . Demonstrates strong attention to detail. Averages based on self-reported salaries. Odio ipsam quis omnis error omnis id. Nous sommes dsols pour la gne occasionne. 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. The firms activities are spread across a variety of products, including primaries, secondaries, co-investments, real assets, and private credit. Headquarters: Chicago, IL. 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. 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. 4. Specific to private debt, the firm has been increasing the amount of capital dedicated to the strategy. message, contactez-nous l'adresse or Want to Sign up with your social account? real person. Get email updates for new Private Investor jobs in United States. 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. 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. Grimm holds a BS in mechanical engineering from Tulane University and an MBA from the Samuel Curtis Johnson Graduate School of Management at Cornell University, where he was a Roy H. Park Leadership Fellow. GrowthCap shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever, for: 1. 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. 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. Before that, Ramakrishnan was in investment banking at Goldman Sachs and Bear Stearns, and she started her career as an associate consultant for Bain & Company. MONITORING OF USE BY GROWTHCAP; NO WARRANTY AS TO THE SECURITY OF THIS WEBSITE. He joined AB Private Credit Investors in 2015 as an associate. 9. He holds a BBA with formal concentrations in both accounting and finance from the Michael G. Foster School of Business at the University of Washington. P
Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie 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. A few people also go on to become CFOs. Judgment: Demonstrates insight in making decisions and asking questions regarding the investment, situation, and the client. THL Credit is the $15.8bn credit investment affiliate of Thomas H. Lee Partners, a leading private equity firm. V
101 Investment Banking Interview Questions, Certified Investment Banking Professional - 3rd+ Year Associate, Certified Sales & Trading Professional - 1st Year Analyst, Certified Private Equity Professional - Vice President, Certified Asset Management Professional - 1st Year Associate, Certified Investment Banking Professional - 1st Year Associate, Certified Hedge Fund Professional - Trader, Certified Asset Management Professional - 3rd+ Year Associate, Certified Investment Banking Professional - Director, Certified Commercial Banking Professional - 2nd Year Analyst, Certified Private Equity Professional - 3rd+ Year Associate, Certified Private Equity Professional - 2nd Year Associate, Certified Hedge Fund Professional - Research Analyst, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, 2,447 questions - 203 PE funds. We generally underwrite senior secured unitranche debt but have the flexibility to invest across the capital structure to support our clients unique needs. 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. 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. Most people who hop to the buyside use the sellside as a feeder. Location: Austin, Jake Swetnam is a Vice President with AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. In the US, a lot more institutions extend credit allowing for non-bank lenders (BDCs, private credit funds, etc). 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. Location: Austin, Head of Office AdministrationAB Private Credit Investors, Liz Pyeatt joined AB in 2015 as the Head of Office Administration with AB Private Credit Investors, where she is involved in executive support and administration management. O
We offer the right mix of capital flexibility and experience to partner with middle market companies. Participates in client meetings and calls. In my experience (limited to Real Estate), debt doesn't pay as well across the board as return profiles are generally far more conservative. AIC primarily focuses on direct lending activities in the U.S. middle market. He formerly held the same role at Barclays Private Credit Partners. 18. $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. [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. GrowthCap cannot and does not guarantee continuous, uninterrupted or secure access to this website. 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. Get a free, personalized salary estimate based on today's job market. The services provided by GrowthCap and our third party providers are on an AS IS basis at your sole risk. BDC 2nd Year Analyst - 100-110K Base, 50-70K bonus. Previously, Ramakrishnan was a managing director with Barclays Private Credit Partners, and as a founding member of the business was involved in various aspects of business launch, transaction sourcing and execution. Our customized financing solutions and efficient transaction process provide greater certainty for middle market companies. 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). ABs first active ETFs are: As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. 1 spot earning an 85.3. Molestiae aut enim est repellat. LPs, what do you think of ESG and impact investing? $205M: Jobs. He began his career in transaction services at PricewaterhouseCoopers. 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. A
Speaks articulately and with confidence. Fair prices/fees for products and services. in NY/Chicago/LA, what's a reasonable comp package to expect? He is also responsible for regional intermediary coverage and sponsor coverage of select growth equity firms across the US. C) Salary.com using cookies (as described here) to refine and tailor the website visitor experience. 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. Any good recommendations out there? With that in mind, we are providing you with this information on our business continuity plan. The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. KKRs credit offering originated in 2004 after consistently being approached with proprietary opportunities that didnt fit into its traditional private equity heritage. 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. Lewis Leavitt is the Director at AB Private Credit Investors. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high net worth investors. 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. 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. Can anyone explain what types of debt / funding a BDC can offer? Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. Prior to CIT, he was a managing director with Challenger Capital Group, a middle market investment bank. Firm: Hamilton Lane The six qualities consumers selected as most important were: why is private debt so big in the us and not elsewhere? M
excuses voor het ongemak. The firm focuses on $10m to $75m investments in middle market businesses with $50m to $500m in revenue and $10m to $50m in EBITDA. Firm: Kayne Anderson Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. Prior to Fifth Street, Lanshe worked for Ranch Capital, a lowermiddle market private equity firm, and L.E.K. GrowthCaps Top 20 Private Debt Firms of 2019. 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. N
Does anyone in here work in compliance at AllianceBernstein? 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. Our Business Continuity Plan is designed to enable us to recover and restore business operations as quickly as possible, safeguard employees and property, protect the our books and records, and assure clients prompt service through alternative offices. From time to time we participates in disaster recovery exercises to confirm that such stored information remains accurate and accessible to us. Firm: Ares Headquarters: Los Angeles, CA Ares manages roughly $96bn in credit assets across 156 funds around the world. The community relies on everyone sharing. Atque earum officiis perferendis mollitia voluptate quod qui. 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. enva un correo electrnico a Location: Austin, Eric Pearson is a Vice President and Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Prior to Escalate, he helped start Alert Media, a mass-notification software business based in Austin, Texas. 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. 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. F
11. AB Private Credit Investors (AB-PCI) provides investment advisory services with respect to private credit investment portfolios for institutional and high net worth investors. 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. Usually, people just join another fund. 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. Cole holds a BS in finance (Hons) and an MS in accountancy from Wake Forest University, and an MBA from the Wharton School at the University of Pennsylvania. Job Summary AB-PCI is looking for an associate to work as part of the investment team. When there's a job opening that's a fit we'll make the match happen. Although the information provided to you on this website is obtained or complied from sources we believe to be reliable, GrowthCap cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose.