Fear is also responsible for generalist sponsor originations across a variety of industries. Does anyone in here work in compliance at AllianceBernstein? Intern, contractor and hourly pay scale vary from regular exempt employee. R The direct lending effort is focused exclusively on highly negotiated investments in middle market companies for growth financings, recapitalizations, and acquisition financings. 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. . 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. The highest-paying job at AllianceBernstein is a Managing Director with a salary of $550,981 per year. 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. Firm: BlackRock Forms opinions and is discreet about confidential information. 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. Our deep industry experience enhances our ability to be creative and efficient while delivering certainty to our partners and borrowers. 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. AB Private Credit Investors Investment Associate AB Private Credit Investors provides financing to middle market companies for acquisitions, including leveraged buyouts; recapitalizations; refinancings; and growth investments. 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. Firm: Angelo Gordon | Twin Brook Capital Partners A) Salary.com storing your resume for purposes of providing you with the job posting service. He was formerly an associate at Norwest Mezzanine Partners. 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. Sign in to create your job alert for Private Investor jobs in United States. She began her career as an auditor at Ernst & Young. D Location: Austin, Evan Cohen joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he is also a member of the investment committee. Please help us protect Glassdoor by verifying that you're a 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. He holds a BS in management from the United States Air Force Academy and an MBA with concentrations in finance and accounting from the University of Chicago Booth School of Business. AB-PCI is a relatively small group of senior investment professionals with a close-knit culture. Consulting, a management-consulting firm. P As a firm, Barings manages more than $300bn in total assets across the globe. At CIT, Bielinski focused on middle market lending with an emphasis on private equityowned businesses. The firms direct lending efforts are focused on opportunities between $5m and $75m in EBITDA and enterprise values of $25m to $500m. 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. 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. Usually, people just join another fund. Location: Austin, Managing Director, Head of Originations and Founding MemberAB Private Credit Investors, Jay Ramakrishnan joined AB in 2014 and is a founding member, Head of Originations, and a member of the investment committee of AB Private Credit Investors. AllianceBernstein (AB) is a global investment-management firm providing industry-leading research and investment solutions through a combination of innovation, intellectual curiosity and relentless ingenuity. Our clients include some of the world's top institutions as well as private-wealth clients and retail investors. Thomas was formerly an assistant vice president in the Corporate Credit Group at Bank of America Merrill Lynch. Averages based on self-reported salaries. Any good recommendations out there? We are relationship-focused, with a long history of supporting the growth needs of our borrowers. 7. 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. 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. 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. Typically consists of a base of $110-$120k and the remainder is bonus. Trusted by over 1,000 aspiring private equity professionals just like you. The estimated additional pay is $49,821 per year. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Responds quickly and accurately to requests. He was formerly a managing director of restructuring and special situations at PPHB, where he led the restructuring and performance-improvement practice. Disculpa AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. A few people also go on to become CFOs. Who would you say are the more prominent credit funds? While we lend to a broad set of industries, our professionals have a deep understanding of certain targeted industry sectors. If you're ready to innovate and grow your career, join us. 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. Sensitivity to customer needs in the current economic and financial climate, IBD's 25 Most Trusted Financial Companies. Each salary is associated with a real job position. Total number of employee profiles an organization has on Crunchbase, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Sanders holds a BBA in financial consulting from Southern Methodist University. Golub Capital has been a mainstay in middle market lending since its founding more than 25 years ago. Rank: Monkey. Anticipates client needs. Firm: Guggenheim Investments Lifestyle is better (but likely paid less than PE counterpart). Fixed Income/Private Credit Senior Investment Analyst, TEXAS MUNICIPAL RETIREMENT SYSTEM, Austin, TX. Based on your input and our analysis. Headquarters: New York, NY. 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. 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. He was formerly an analyst with Prudential Capital Group. GSO sits as a distinct division of Blackstone, the $472bn global asset management firm founded in 1985 by Pete Peterson and Stephen Schwarzman. V WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie The firms corporate credit platform represents $69bn of assets spread across a variety of strategies. This provides an attractive opportunity for high caliber individuals to interact directly with senior team members as well as private equity investors, company management, sell-side banks, lawyers, accountants and other business professionals, as well as to be part of a new growth platform and assume significant levels of responsibility over time. He was formerly an analyst in the Leveraged Finance Group at Deutsche Bank. 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. Crestline Investors is an alternative investment management firm founded in 1997. All Rights Reserved. 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. [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. N D ein Mensch und keine Maschine sind. 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?) - 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. He holds a BBA in finance with an emphasis in accounting from the University of Oklahoma and an MBA from Harvard Business School. 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. 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. 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 direct lending arm, Apollo Investment Corporation (AIC), is a publicly traded BDC with approximately $20bn in assets under management. We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. 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. 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. Its private debt offering is focused on privately negotiated senior loans to middle market businesses with EBITDA between $10m and $75m. He holds an MEng from the University of Bristol and an MS in finance from the Zicklin School of Business at Baruch College. 8. When they extend to companies, that's effectively private credit but it exists within the banking system. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. M (Ares, Golub, Owl Rock). Voluptatibus pariatur nisi sed qui tempora odit voluptatibus. What Is Private Credit? - CION Investments Specific to private debt, the firm has been increasing the amount of capital dedicated to the strategy. 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. ABs first active ETFs are: AB Private Credit represents the $8bn direct lending arm of AllianceBernstein, the $550bn global asset manager. Gimlett holds a BBA in finance from the University of Notre Dame. Prior to that, he was a senior research analyst with Plainfield Asset Management and an analyst with both D.E. I kinda meant why cant you go sellside ---> buyside ----> sellside? Your use of the products and services on this website may be monitored by GrowthCap and the resultant information may be used by GrowthCap for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organization. Edit Details Section. Such information is regularly sent to off-site storage facilities. Headquarters: New York, NY. 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. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. 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. 20. He holds a BS in business administration from Carnegie Mellon University. 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. 2005-2023 Wall Street Oasis. Let AB Private Credit Investors Know You Want To Work There. .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. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Apply for the Job in Associate, Private Credit Investors at Austin, TX. Nous sommes dsols pour la gne occasionne. Prior to CIT, he was a managing director with Challenger Capital Group, a middle market investment bank. Grimm was previously a vice president with GE Capital, where he held a similar role. Twin Brook targets senior facilities to middle market companies with less than $25m in EBITDA. 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. Prior to Escalate, he helped start Alert Media, a mass-notification software business based in Austin, Texas. The adviser's REGISTRATION status is listed below. Location: Austin, Anand Kalola joined AB in 2017 and is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. The firm will participate in both sponsored and unsponsored situations. 18. We duplicate all critical firm, client, regulatory and financial information on appropriate media, and store the backed-up information at remote locations. Headquarters: New York, NY. Si continas viendo este mensaje, The firms 350 employees operate across a diverse spectrum of strategies, including leveraged loans, high yield bonds, distressed debt, mezzanine lending, and rescue financings.