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Firm: AB Private Credit Headquarters: Boston, MA. 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. I would try to obtain one of those (maybe your HY research team put one together and can send). He was formerly a managing director of restructuring and special situations at PPHB, where he led the restructuring and performance-improvement practice. AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. The lowest-paying job at AllianceBernstein is an Administrative Assistant with a salary of $53,732 per year. Quia molestias nihil ad laudantium rerum et doloremque. He was formerly an associate at Norwest Mezzanine Partners. Ares direct lending strategy is focused on the traditionally underserved financing needs of private middle market companies. Headquarters: New York, NY. Oral Communication Skills: Participates effectively in meetings and presentations. Prior to joining the team, Simpson was a director at MUFG Union Bank, and before that was a vice president at Antares Capital (previously GE Antares Capital). A very small number ends up working for PE funds. S 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. The average AllianceBernstein salary ranges from approximately $53,732 per year for an Administrative Assistant to $550,981 per year for a Managing Director. Associate, Private Credit Investors in AB LP. O W His experience at GE Capital also included several years of underwriting and portfolio management. Firm: Apollo Global Management Fear holds a BBA in accounting from the University of Notre Dame and is a Certified Public Accountant (CPA). Speaks articulately and with confidence. Before that, he was a senior mechanical design engineer with Motorola. L How we do it? 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. Tell AB Private Credit Investors you're interested in working at the company, while keeping your personal identity anonymous. The firms credit investments are centered around two strategies, direct lending and tradeable credit businesses. Does anyone in here work in compliance at AllianceBernstein? View latest Form ADV filed Part 2 Brochures Part 3 Relationship Summary. Prior to that, Kocher was an operational due diligence analyst at Barclays Wealth Americas and Barclays Global Investors. Prior to CIT, he was a managing director with Challenger Capital Group, a middle market investment bank. AB Private Credit Investors provides financing to middle market companies for acquisitions, including leveraged buyouts; recapitalizations; refinancings; and growth investments. Click here to see the total pay, recent salaries shared and more! SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Most people who hop to the buyside use the sellside as a feeder. We offer the right mix of capital flexibility and experience to partner with middle market companies. Firm: BlackRock This website contains links to certain Internet sites (the Sites) sponsored and maintained by third parties. These totals represent more than $30bn in credit related assets. to let us know you're having trouble. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Goldman Sachs has been involved in direct credit investing through its Merchant Banking Division since 1996. Click the link in the email we sent to to verify your email address and activate your job alert. I assume they are referring to that sellside is less desirable work compared to buyside? Rank: Monkey. Headquarters: New York, NY. Wouldnt really make sense. 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. Responds quickly and accurately to requests. Headquarters: Charlotte, NC. B) Salary.com being able to use your name and address to tailor job posting to your geographic area. She was formerly an analyst in the Consumer and Retail Investment Banking Group at J.P. Morgan and an analyst in private wealth management at Goldman Sachs. Firm: Ares 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. He joined the firm in 2016 as a vice president of AB Private Credit Investors. K B Company's service/treatment of others. 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. Groves holds a BSBA in finance and leadership studies from the University of Richmond. Get notified about new Private Investor jobs in United States. Ethical business practices and values. Develops the ability to draft various internal and external documents/memoranda quickly and with clarity. Apollo, Blackstone/GSO, Carlyle), some at large financial institutions (e.g. I agree that it's not likely. Typically consists of a base of $110-$120k and the remainder is bonus. All Rights Reserved. Before that, he was an associate at The Riverside Company, a middle market private equity firm. Does anyone in here work in compliance at AllianceBernstein? Depends on the fund, but generally I've seen 50-65 hours / week. I'm curious about comp as well if anybody has any data points to share. Judgment: Demonstrates insight in making decisions and asking questions regarding the investment, situation, and the client. Provisions have also been made for clients to continue to be able to contact our employees. Commitment to protecting the privacy and security of personal data. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Wenn 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. Dolor vel quod est officiis magnam porro omnis. 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. Esse qui molestiae molestiae. 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. Aut accusantium animi voluptas non consequuntur impedit. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. 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. The firms U.S. direct lending strategy, which is handled through Ares Capital Corporation (NASDAQ: ARCC), represents the largest BDC in the United States. I like Fitch's Annual Leveraged Loan Primer; Fabozzi is good if you need an overview of the Asset Class. The firm will participate in both sponsored and unsponsored situations. If can indicate the location (i.e. Headquarters: Chicago, IL. Y Location: Austin, Dennis Drent 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. As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. "Lending money is easy, the hard part is getting it back.". The direct lending effort is focused exclusively on highly negotiated investments in middle market companies for growth financings, recapitalizations, and acquisition financings. Get email updates for new Private Investor jobs in United States. 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. Location: Austin, David Foshager is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Headquarters: New York, NY. 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. 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. 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. Ex et sequi odio ea. If you're ready to innovate and grow your career, join us. Gimlett was previously a vice president with GE Capitals Energy Financial Services Group, where he originated investments in the oil and gas and midstream industries. MS, GS), some at large PE (e.g. Learn how this feature works. 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, Managing DirectorAB Private Credit Investors, Alex Barry joined AB in 2022 and is a Managing Director with AB Private Credit Investors, where he leads its Tech Capital Solutions 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. KKR was founded in 1976 by Henry Kravis and George Roberts. Ares manages roughly $96bn in credit assets across 156 funds around the world. I Prioritizes tasks and is well organized. 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. They also initiated a senior loan strategy in 2008 focused on financing for mid- to large-sized leveraged buyout, recapitalization, and refinancing transactions. Unauthorized use, disclosure or copying of this information or any part thereof is strictly prohibited and may be unlawful. In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. Gonzalez holds a BBA in finance from Texas Christian University. That said, some switch to lev finance. Before joining AB, she was the chief operating officer and head of operational due diligence at Gapstow Capital Partners, an alternative investment advisor. Masters the appropriate analytical techniques and financial models. Location: Austin, Chief of StaffAB Private Credit Investors, Virginia Kocher joined AB in 2016 as the Chief of Staff for AB Private Credit Investors, where she is involved in various strategic, operational and administrative aspects of the business. Location: Austin, Vice PresidentAB Private Credit Investors, Robert Buckwalter 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 the energy sector and other industries. 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. Si continas recibiendo este mensaje, infrmanos del problema 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. 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. F At CIT, Bielinski focused on middle market lending with an emphasis on private equityowned businesses. CVC Credit manages nearly $22bn in credit assets across the sub investment grade corporate credit markets in Europe and North America. 1 spot earning an 85.3. GSO is considered one of the worlds largest credit-oriented asset managers and currently boasts $128bn in credit assets under management. Before joining GE Capital, he worked for M&I Bank in correspondent banking. A Not that the BSL space is any better though, record CLO new issuances just feeding the demand for new shitty paper. 20. 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. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Bank regulation and disintermediation sounds right. 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. AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. I would expect a possible next role to be a different kind of credit investing. Defends position and answers questions well. Do you believe debt breeds managerial excellence? envie um e-mail para para informarnos de que tienes problemas. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. Click the checkbox next to the jobs that you are interested in. 2. https://www.bloomberg.com/news/articles/2018-06-01/public-pensions-gorge-on-private-debt-in-quest-for-big-returns. Previously, he was a vice president in GE Capitals Sponsor Finance Group (now Antares Capital), where he originated investments in the technology and media industries. 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. 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. 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. 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. Previously, she was the operations manager for LookNook and a senior associate at Austin Asset. Consulting, a management-consulting firm. Location: New York, Ryan Simpson joined AB in 2022 and is a Managing Director with AB Private Credit Investors, where he is responsible for West Coast sponsor originations across a variety of industries, with a focus on general industries. J acquisition financing, expansion capex, working capital, or anything else? Bielinski holds BS degrees in electrical engineering and management from Massachusetts Institute of Technology (MIT) and an MBA from the Kellogg School of Management at Northwestern University. We also selectively consider investments in mezzanine debt, structured preferred stock, and minority equity co-investments. Salary by Company: LBO Model (pasted values) to (Cells Linked) - anyone want to help me convert a bunch of these? I've seen them move to mezz funds, but less commonly equity funds. Prior to that, he was a senior research analyst with Plainfield Asset Management and an analyst with both D.E. Nous sommes dsols pour la gne occasionne. questo messaggio, invia un'email all'indirizzo It operates across three main strategies, including middle market lending, late stage lending, and broadly syndicated loans. 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. Wir entschuldigen uns fr die Umstnde. Our deep industry experience enhances our ability to be creative and efficient while delivering certainty to our partners and borrowers. 18. WhiteHorse, the credit affiliate of H.I.G. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. Ci Any good recommendations out there?