ab private credit investors salary

GrowthCap shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever, for: 1. 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 failure of any connection or communication service to provide or maintain your access to this service, or for any interruption or disruption of such access or any erroneous communication between GrowthCap and you, regardless of whether the connection or communication service is provided by GrowthCap or a third party service provider. He was formerly an analyst with Prudential Capital Group. Sensitivity to customer needs in the current economic and financial climate, IBD's 25 Most Trusted Financial Companies. Usually, people just join another fund. Prior to this, AB-PCIs team members worked at premier investment banks, and in middle-market private equity and private credit investing. Know Your Worth. W 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. 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. Shaw and Merrill Lynch. Work Quality/Productivity: Consistently produces high-quality, accurate work in a timely manner. If it's early on and you have some reasonably relevant experience then yes, I think its possible. AB PRIVATE CREDIT INVESTORS MIDDLE MARKET DIRECT LENDING MANAGEMENT LLC is a Delaware Limited-Liability Company filed on February 5, 2015. 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. 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. The average salary for a Credit And Private Investment Risk is $26,877 per year in . Se continui a visualizzare REGISTRATION STATUS. We focus on midsize companies with EBITDA of $5$50 million and enterprise values of $75$500 million. Hope that helps. 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. message, please email 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. 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. AB-PCI invests in middle-market companies across various industry sectors. He began his career in transaction services at PricewaterhouseCoopers. 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. WhiteHorse, the credit affiliate of H.I.G. Can anyone discuss their experience working at a private credit fund (senior loan fund, BDC, etc.)? 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. 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. Potentially going to get offered $80-85k to be a compliance associate and just seeing if anyone works there/if thats a reasonable salary or below expectations. Help make it more accurate by, Native Hawaiian or Other Pacific Islander, Get started with your Free Employer Profile, average salary for a Private Wealth Associate is $58,200 per year in United States, The Ultimate Job Interview Preparation Guide. 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. 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. Quantitative/Problem Solving: Demonstrates a strong grounding in accounting, finance, and the capital markets. 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. 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 . Responds quickly and accurately to requests. G Potentially going to get offered $80-85k to be a compliance associate and just seeing if anyone works there/if thats a reasonable salary or below expectations. Consequatur aut provident omnis vero aut. We offer high-quality research and diversified investment services to institutional and individual investors worldwide. Investor Relations Openings - Hedge Fund, Private Equity, and Real Estate Industry, $100,000.00 AllianceBernstein Private Credit Investors Overview AllianceBernstein Private Credit Investors (AB-PCI) was founded in April 2014 with a mandate to grow into a multi-billion dollar private corporate credit investing platform. Pyeatt holds a BS in financial planning from Texas Tech University. 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. 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. Location: Austin, Gregory Land 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. Headquarters: Zug, Switzerland | Denver, CO. Partners Group is one of the largest investment managers in the world focused exclusively on the private markets. Humphries previously worked in leveraged finance with NationsBank and J.P. Morgan, and as a financial analyst with Exxon. When there's a job opening that's a fit we'll make the match happen. It's just something I have seen here an there. AB Private Credit Investors provides financing to middle market companies for acquisitions, including leveraged buyouts; recapitalizations; refinancings; and growth investments. 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? The lowest-paying job at AllianceBernstein is an Administrative Assistant with a salary of $53,732 per year. 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. J Kocher holds a BBA and MPA from the University of Texas at Austin. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. 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). In the US, a lot more institutions extend credit allowing for non-bank lenders (BDCs, private credit funds, etc). He holds a BA with concentrations in economics and sociology from University College Dublin. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. The firms U.S. direct lending strategy, which is handled through Ares Capital Corporation (NASDAQ: ARCC), represents the largest BDC in the United States. Aut voluptatum maxime quia ex dicta sit similique. Averages based on self-reported salaries. 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. AB Private Credit Investors . Typically consists of a base of $110-$120k and the remainder is bonus. 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. The principals of AB-PCI most recently worked together while leading a similar private credit investing platform that successfully committed just under $1.5B in 48 transactions and generated attractive risk-adjusted returns for investors. Oral Communication Skills: Participates effectively in meetings and presentations. She joined AB Private Credit Investors in 2016 as an associate. AB PRIVATE CREDIT INVESTORS LLC ( CRD # 173027/SEC#:801-80389 ) AB PRIVATE CREDIT INVESTORS LLC, ALLIANCEBERNSTEIN PRIVATE CREDIT INVESTORS LLC. 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. Firm: Angelo Gordon | Twin Brook Capital Partners X 3. Participates in client meetings and calls. Salary: AllianceBernstein Finance & Accounting | Glassdoor For LevFin Primers I like BAML and Jefferies. N Private credit is a way for businesses to raise capital (money). This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. 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. - CVC Credit manages nearly $22bn in credit assets across the sub investment grade corporate credit markets in Europe and North America. 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. 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. 2005-2023 Wall Street Oasis. Our model gets smarter over time as more people share salaries on Glassdoor. Angel, Fund of Funds, Venture Capital). 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. Location: New York, Managing Director and Founding MemberAB Private Credit Investors, Patrick Fear joined AB in 2014 as a founding member and Managing Director of AB Private Credit Investors. Edit Jobs Section. Leavitt holds a BA in Spanish and political science from Vanderbilt University and an MBA from the University of Texas at Austin. Firm: Barings Et possimus ullam atque minus nesciunt. Select Accept to consent or Reject to decline non-essential cookies for this use. 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. 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. 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. Agrawal previously held a similar role with Barclays Private Credit Partners, having first joined Barclays as an associate in the US Leveraged Finance Group. When they extend to companies, that's effectively private credit but it exists within the banking system. As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. GSO sits as a distinct division of Blackstone, the $472bn global asset management firm founded in 1985 by Pete Peterson and Stephen Schwarzman. Vp/vice President Of Ab Private Credit Investors salaries are collected from government agencies and companies. Why are headhunter firms all predominantly women? Our clients include some of the world's top institutions as well as private-wealth clients and retail investors. Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. The firm targets loans between $30m and $100m per transition across a variety of industry verticals. 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. U The firm focuses on $10m to $75m investments in middle market businesses with $50m to $500m in revenue and $10m to $50m in EBITDA. For purposes of this agreement, GrowthCap means GrowthCap, LLC and its subsidiaries and other affiliates, and their officers, directors, managing directors, partners and employees. Voluptas veniam et pariatur nostrum. Firm: KKR Credit Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. We'll be sending you new jobs as they are posted. Discover unique insights from growth investors and leading executives. Odio ipsam quis omnis error omnis id. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Previously, Foshager was a vice president at GE Capital. The average salary for a Private Wealth Associate is $58,200 per year in United States, which is 53% lower than the average AllianceBernstein salary of $125,438 per year for this job. 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. Prior to joining Barclays, Humphries served as group head, generalist financial sponsor coverage for Goldman Sachs Specialty Lending Group, and later led its structured private equity initiative. 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. Flexible. You should neither construe any of the material contained herein as business, financial, investment, hedging, trading, legal, regulatory, tax, or accounting advice nor make the information on this website the basis for any investment decision made by you or on your behalf. S E Number of Current Jobs 1. Bank regulation and disintermediation sounds right. Aut accusantium animi voluptas non consequuntur impedit. L He holds a BS in economics and finance from Minnesota State University, Mankato. I've seen them move to mezz funds, but less commonly equity funds. 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?)