Participates in client meetings and calls. Any special, indirect, incidental, or consequential damages which may be incurred or experienced on account of you using the data or services made available on this website, even if GrowthCap has been advised of the possibility of such damages. Typical structures include senior secured, unitranche, and subordinated debt, as well as preferred and common equity. As others have mentioned, most stay in credit at similar funds. Before joining GE Capital, he worked for M&I Bank in correspondent banking. Thomas was formerly an assistant vice president in the Corporate Credit Group at Bank of America Merrill Lynch. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. He was formerly a vice president with H.I.G. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Foshager holds a BBA in finance from the University of Wisconsin, Oshkosh, and an MBA from Arizona State University. 20. REGISTRATION STATUS. Crescent has been strictly focused on credit investing for over 25 years. 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. Before that, Bielinski was a managing director with Richard C. Breeden & Co., an advisory firm headed by a former chairman of the US Securities and Exchange Commission. With that in mind, we are providing you with this information on our business continuity plan. 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. Company's service/treatment of others. (Ares, Golub, Owl Rock). WSO depends on everyone being able to pitch in when they know something. At CIT, Bielinski focused on middle market lending with an emphasis on private equityowned businesses. These strategies include syndicated loans, high yield bonds, institutional and alternative credit, as well direct lending. Not that the BSL space is any better though, record CLO new issuances just feeding the demand for new shitty paper. 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. Ex et sequi odio ea. Izzo holds a BA in economics from Princeton University. Our investors and portfolio companies benefit from the platforms scale, fund financing structures and a seasoned, cohesive investment team. 6. Please help us protect Glassdoor by verifying that you're a Total 2 Salaries. 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. Neither this website nor any information or opinion on this website constitutes a solicitation, offer or recommendation by GrowthCap or its affiliates to buy or sell any securities, futures, options or other financial product or offer to provide or solicitation to obtain any advisory or other service. B Apollo, Blackstone/GSO, Carlyle), some at large financial institutions (e.g. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. CVC Credit manages nearly $22bn in credit assets across the sub investment grade corporate credit markets in Europe and North America. KKR was founded in 1976 by Henry Kravis and George Roberts. Each salary is associated with a real job position. las molestias. N 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. Headquarters: Fort Worth, TX. envie um e-mail para I We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. View All . 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. Libero sunt vero laboriosam nesciunt accusamus labore repellat quas. 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. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. AB Private Credit Investors provides financing to middle market companies for acquisitions, including leveraged buyouts; recapitalizations; refinancings; and growth investments. The skillsets begin to diverge the longer you spend doing either and your network is completely different as well. View latest Form ADV filed Part 2 Brochures Part 3 Relationship Summary. 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. About AllianceBernstein 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. 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. Vp/vice President Of Ab Private Credit Investors salaries are collected from government agencies and companies. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. This sector knowledge allows us to tailor financings to a company's specific needs and ensure quick and efficient transaction execution. How much do AllianceBernstein employees make? Any possibility to move internally from the private credit side to PE or PE operations - thinking about a fund that has all three rn. These totals represent more than $30bn in credit related assets. 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. A very small number ends up working for PE funds. Much less than banking or PE. Nobis ad corporis enim cumque. The asset class has grown consistently and significantly each year over the last 10 years. 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. Prior to that, Kocher was an operational due diligence analyst at Barclays Wealth Americas and Barclays Global Investors. This website shall mean the website of GrowthCap, which is available to the general public and located at www.growthap.co. Can anyone explain what types of debt / funding a BDC can offer? Consequatur aut provident omnis vero aut. Makes persuasive arguments. 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. 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. Aut voluptatum maxime quia ex dicta sit similique. 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. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Headquarters: New York, NY. Prudential, AB Credit Investors, Antares), tons of BDCs (Ares, Prospect Street, Gladstone) and plenty of private MM funds. Private debt investment plays a critical role in the growth of the U.S. economy by providing capital to lower and middle market companies. ein Mensch und keine Maschine sind. The estimated total pay for a Private Wealth Associate at AllianceBernstein is $125,438 per year. I assume they are referring to that sellside is less desirable work compared to buyside? Firm: Ares Headquarters: Los Angeles, CA Ares manages roughly $96bn in credit assets across 156 funds around the world. Prior to that, he was a senior research analyst with Plainfield Asset Management and an analyst with both D.E. 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. Before that, Fear was a vice president focused on M&A advisory at Robert W. Baird in London and Chicago. 12. Active, Closed, This describes the type of investor this organization is (e.g. The firm focuses on companies with $10m to $150m in revenue and $3m to $20m in EBITDA. Logos or tombstones representing completed engagements are posted to this website and are selected based on GrowthCaps determination of the relevance and significance of the engagements to demonstrate GrowthCaps professionals experience, except where there is a confidentiality concern or client approval has not been obtained. message, contactez-nous l'adresse Firm: Goldman Sachs (Merchant Banking & Asset Management Divisions) Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. It's FREE. S You may wish to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions. 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. How we do it? 8. A few people also go on to become CFOs. The Registered Agent on file for this company is The Corporation Trust Company and is located at Corporation Trust Center 1209 Orange St, Wilmington, DE 19801. He is also responsible for regional intermediary coverage and sponsor coverage of select growth equity firms across the US. 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. 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. Nous sommes dsols pour la gne occasionne. Requires minimal supervision. He was formerly an analyst in the Corporate Finance Group at Prudential Capital Group and an associate at AMS Health Care Mortgage Corporation. Takes ownership of projects and drives the process but also knows when to ask for help. Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. Before that, he was an associate at The Riverside Company, a middle market private equity firm. 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. He was formerly an assistant vice president in the Corporate Credit Group at Bank of America Merrill Lynch. He is also responsible for coverage of financial sponsors located in Austin, Texas. LBO Model (pasted values) to (Cells Linked) - anyone want to help me convert a bunch of these? Headquarters: New York, NY. We are relationship-focused, with a long history of supporting the growth needs of our borrowers. Before that, he was a senior mechanical design engineer with Motorola. Firm: Kayne Anderson Our customized financing solutions and efficient transaction process provide greater certainty for middle market companies. Click here to see the total pay, recent salaries shared and more! Get email updates for new Private Investor jobs in United States. I've seen them move to mezz funds, but less commonly equity funds. Rank: Monkey. Prior to Fifth Street, Lanshe worked for Ranch Capital, a lowermiddle market private equity firm, and L.E.K. AllianceBernstein . and size of the fund, position (analyst/associate) as well, that'd be helpful. These Terms and Conditions of Use are not intended to, and will not, transfer or grant any rights in or to the information other than those which are specifically described herein, and all rights not expressly granted herein are reserved by GrowthCap or the third party providers from whom GrowthCap has obtained the information. Weiss began his career as an analyst at NationsBank. 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. THL Credit is the $15.8bn credit investment affiliate of Thomas H. Lee Partners, a leading private equity firm. The direct lending effort is focused exclusively on highly negotiated investments in middle market companies for growth financings, recapitalizations, and acquisition financings. KKRs credit offering originated in 2004 after consistently being approached with proprietary opportunities that didnt fit into its traditional private equity heritage. He joined the firm in 2016 as a vice president of AB Private Credit Investors. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. or Want to Sign up with your social account? an. Headquarters: Houston, TX. Lifestyle is better (but likely paid less than PE counterpart). More than 6,500 consumers were surveyed in two polls conducted during June and July. Work Quality/Productivity: Consistently produces high-quality, accurate work in a timely manner. Bank regulation and disintermediation sounds right. She holds a BBA in finance as well as an MBA from the University of Texas at Tyler. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. We have a demonstrated track record of consistently producing attractive, risk-adjusted returns throughout low-rate environments. Its three main strategies include performing credit, credit opportunities & special situations, and private debt. 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. 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. 6 on their list of the Top 25 Most Trusted Financial Companies for 2022. 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. Previously, Foshager was a vice president at GE Capital. As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. Our model gets smarter over time as more people share salaries on Glassdoor. 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. Through close partnerships with our clients, we collaborate on investment strategies across regions and sectors to inspire innovative thinking and deliver superior outcomes. The firm is currently underway in raising $10bn for a specific pool of capital focused on direct lending to middle market companies. The firm specializes in credit and opportunistic investments, which includes a robust direct lending effort focused on lower middle and middle market businesses. Sign in to create your job alert for Private Investor jobs in United States. He holds a BBA in accounting and an MPA, both from the University of Texas at Austin. Headquarters: New York, NY. The estimated additional pay is $49,821 per year. AB-PCI manages approximately $9.2 billion in capital available for investment and offers a range of financing solutions to middle market companies, including having the capacity to invest up to . Twin Brook targets senior facilities to middle market companies with less than $25m in EBITDA. Apollo operates one of the largest alternative credit platforms in the world. 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. GrowthCap is pleased to announced the Top 20 Private DebtFirms of 2019. 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. I could be wrong. 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. Guggenheim is a global asset management and investment advisory firm with more than $203bn in assets under 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. 2. Location: Austin, Justin Grimm joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he is also a member of the investment committee. They began with a focus on mezzanine, having deployed over $30bn since inception. The firms direct lending efforts are focused on opportunities between $5m and $75m in EBITDA and enterprise values of $25m to $500m. Edit Details Section. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Prioritizes tasks and is well organized. Quality of products and services. Earlier this year, we wrote about The Rise of Private Debt Investing. $205M: Jobs. AB Private Credit Investors Director 2018. Investors Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. Headquarters: New York, NY. Wir entschuldigen uns fr die Umstnde. Anticipates client needs. 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. Is credit trading, or doing credit research on a desk at a BB and then moving to a direct lender / BDC a realistic option? 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. This is the firms first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. Et fuga dolorem exercitationem accusamus aliquam quia. 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. Typically consists of a base of $110-$120k and the remainder is bonus. As a firm, Barings manages more than $300bn in total assets across the globe. He was previously a director with Barclays Private Credit Partners, where he held a similar role. I agree that it's not likely. 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.