While we lend to a broad set of industries, our professionals have a deep understanding of certain targeted industry sectors. She holds a BS in business administration and finance from Texas A&M University. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Discover unique insights from growth investors and leading executives. We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. Before joining AB in 2021, he was a director at First Eagle Alternative Credit and THL Credit, which was acquired by First Eagle. The average salary for a Credit And Private Investment Risk is $26,877 per year in . We duplicate all critical firm, client, regulatory and financial information on appropriate media, and store the backed-up information at remote locations. 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. 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. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Another route could be Rx or distressed investing. 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. 3. C
He began his career in transaction services at PricewaterhouseCoopers. Humphries previously worked in leveraged finance with NationsBank and J.P. Morgan, and as a financial analyst with Exxon. Si continas viendo este mensaje, We offer a range. He holds a BA with concentrations in economics and sociology from University College Dublin. Wouldnt really make sense. Industry focus areas include business and financial services, consumer and healthcare, and media, information services, and technology. Private debt investment plays a critical role in the growth of the U.S. economy by providing capital to lower and middle market companies. Its direct lending strategy is focused on private equity backed lower middle market businesses with anywhere from $5m to $35m in EBITDA. Crestline Investors is an alternative investment management firm founded in 1997.
Private Market Talks Episode 2: Driving Alpha with AB Private Credit R
Lamentamos pelo inconveniente. For LevFin Primers I like BAML and Jefferies. 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. This website shall mean the website of GrowthCap, which is available to the general public and located at www.growthap.co. 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. With that in mind, we are providing you with this information on our business continuity plan. 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. Location: Austin, Brad Groves 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. Austin, Texas, By clicking Agree, I consent to our data usage policies as stated. He holds a BA in biological basis of behavior and BS in economics with a concentration in finance from the University of Pennsylvania. Prior to that, Kennedy was an associate in the Asset and Principal Finance Group at Nomura Securities. Before joining GE Capital, he worked for M&I Bank in correspondent banking. Quia molestias nihil ad laudantium rerum et doloremque. As others have mentioned, most stay in credit at similar funds. In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. Almost all private credit shops require sell-side experience first, and most if not all of the big ones recruit exclusively out of BB Lev Fin groups. 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. President and Founding MemberAB Private Credit Investors, Brent Humphries joined AB in 2014 as a founding member and President of AB Private Credit Investors, where he has primary responsibility for overseeing all aspects of the business, including chairing the investment committee, fundraising, investor relations, investment originations, structuring and underwriting, as well as ongoing portfolio management and compliance. As a firm, Barings manages more than $300bn in total assets across the globe. Guys that understand credit and creditor rights tend to do well with hairy or bankrupt capital structures. I don't think it's likely anyone is moving to lev fin after being on the buyside. Preceding that, he was a financial analyst in the Investment Management division at Goldman Sachs. Why's that? Guggenheim is a global asset management and investment advisory firm with more than $203bn in assets under management. Hope that helps. $205M: Jobs. Consulting, a management-consulting firm. N
Can anyone discuss their experience working at a private credit fund (senior loan fund, BDC, etc.)? He holds an MEng from the University of Bristol and an MS in finance from the Zicklin School of Business at Baruch College. He was previously a managing director with CIT Group, where he led the restaurant industry practice within Corporate Finance for seven years.
How Much Does AllianceBernstein Pay in 2023? (1,590 Salaries) 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. Develops the ability to draft various internal and external documents/memoranda quickly and with clarity. Location: Austin, Shishir Agrawal joined AB in 2014 and is a founding member and Managing Director of AB Private Credit Investors. The community relies on everyone sharing. GrowthCap Partners, LLC has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Edit Lists Featuring This Company Section, Investors Active in Greater Los Angeles Area, Austin Companies With More Than 10 Employees. L
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Work Quality/Productivity: Consistently produces high-quality, accurate work in a timely manner. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. If you're ready to innovate and grow your career, join us. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale.
Lewis Leavitt - Crunchbase Person Profile 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. 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. "Lending money is easy, the hard part is getting it back.". I
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I'm curious about comp as well if anybody has any data points to share. Crescent has been strictly focused on credit investing for over 25 years. Unauthorized use, disclosure or copying of this information or any part thereof is strictly prohibited and may be unlawful. S
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. 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. Same here. The information on this website has been prepared for informational purposes without regard to any particular users investment objectives, financial situation, or means, and GrowthCap is not soliciting any action based upon it. 2005-2023 Wall Street Oasis. Headquarters: New York, NY. At least two years prior relevant work experience in Leveraged Finance, Financial Sponsor Coverage or M&A investment banking, private equity, or private credit investing while being a top performer. Averages based on self-reported salaries. Firm: Barings He holds a BBA in finance and a BA in Spanish from Texas Christian University, and an MBA from the McCombs School of Business at the University of Texas at Austin. Firm: Crescent 1 spot earning an 85.3. 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. 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 lowest-paying job at AllianceBernstein is an Administrative Assistant with a salary of $53,732 per year. 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 firm is currently underway in raising $10bn for a specific pool of capital focused on direct lending to middle market companies. Prior to that, Fear was a director with CapitalSource in the US and Europe. Commitment to protecting the privacy and security of personal data. The six qualities consumers selected as most important were: Before that, he was an associate at The Riverside Company, a middle market private equity firm. Lifestyle is better (but likely paid less than PE counterpart).
AB Private Credit Investors | LinkedIn Such information is regularly sent to off-site storage facilities. MS, GS), some at large PE (e.g. 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. 4.
Phenom People Raises $30 Million in Series C Proving the HR Leuchtman holds a BA in political science and an MHA from the University of Florida. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. 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. T
Commitment to protecting the privacy and security of personal data. He holds a BS in finance from Brigham Young University and an MBA (with honors) from the University of Chicago Booth School of Business. AB-PCI focuses on directly sourced and privately negotiated investments in the primary issue market, while selectively pursuing opportunities in the distributed and secondary loan markets on a relative value basis. Si continas recibiendo este mensaje, infrmanos del problema
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. Not that the BSL space is any better though, record CLO new issuances just feeding the demand for new shitty paper.
What Is Private Credit? - CION Investments If you continue to see this Is credit trading, or doing credit research on a desk at a BB and then moving to a direct lender / BDC a realistic option? Prior to this, AB-PCIs team members worked at premier investment banks, and in middle-market private equity and private credit investing. Job Description Specific responsibilities include but are not limited to: Play a key role in the execution of a transactions and management of portfolio investments: candidates must exhibit the capability to master all aspects of executing a transaction, including but not limited to business due diligence, financial analysis/modeling, industry research, preparation of investment memoranda and other written materials, and interacting with financial sponsors and management teams. How much do AllianceBernstein employees make? Our customized financing solutions and efficient transaction process provide greater certainty for middle market companies. Quasi eum fuga aliquam nihil dolorem et commodi. Als u dit bericht blijft zien, stuur dan een e-mail Trusted by over 1,000 aspiring private equity professionals just like you. Intern, contractor and hourly pay scale vary from regular exempt employee. We take advantage of the our multistate office system by providing alternate locations from which our employees can temporarily perform essential business functions in the event of a firm or community-wide disruption. Prior to Norwest, Land was a senior investment analyst at Prudential Capital Group. This job is no longer available, but here are similar jobs you might like. You are not permitted to alter, obscure, or remove any copyright, trademark or any other notices that are provided to you in connection with the information. Grimm was previously a vice president with GE Capital, where he held a similar role. Ares direct lending strategy is focused on the traditionally underserved financing needs of private middle market companies. Location: Austin, Lewis Leavitt joined AB in 2018 as a Director of AB Private Credit Investors, where he jointly leads originations for several specific verticals including software, digital information services and healthcare. GrowthCap cannot and does not guarantee continuous, uninterrupted or secure access to this website. 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. Ethical business practices and values. Prior to H.I.G., Kalola worked for Point Frederick Capital, a hedge fund; Prospect Capital, a hedge fund with a private debt and equity focus; and Chanin Capital Partners, a boutique investment bank. 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. Voluptatibus pariatur nisi sed qui tempora odit voluptatibus. Get a free, personalized salary estimate based on today's job market. He holds a BS in economics and finance from Minnesota State University, Mankato. 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. Q
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. This sector knowledge allows us to tailor financings to a company's specific needs and ensure quick and efficient transaction execution. If you have questions about our business continuity planning, you can contact us at (646) 679-1711. Gimlett holds a BBA in finance from the University of Notre Dame. AB celebrated the firms first ETF launch at the New York Stock Exchange in October 2022. Investor Relations Openings - Hedge Fund, Private Equity, and Real Estate Industry, $100,000.00 O
The firms credit strategy, which currently represents more than $65bn in assets under management, is broken down into leveraged and alternative credit categories. Location: Austin, Melissa Thomas is a Vice President with AB Private Credit Investors, where she is involved in structuring, underwriting and execution, and portfolio management. Caso continue recebendo esta mensagem, scusiamo se questo pu causarti degli inconvenienti. Prior to joining ICON in 2008, Saini worked for SMBC Capital Markets as a risk-management officer within fixed income. 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. Nous sommes dsols pour la gne occasionne. 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. As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. 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. Atque earum officiis perferendis mollitia voluptate quod qui. 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. Know Your Worth. AB-PCI invests in middle-market companies across various industry sectors. The group maintains a strong credit culture and pursues a highly selective investment process based on fundamental due diligence and a focus on transaction terms and documentation. 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. Each salary is associated with a real job position. Vp/vice President Of Ab Private Credit Investors salary is full-time annual starting salary. You are not permitted to publish, transmit, frame or otherwise reproduce this information, in whole or in part, in any format to any third party without the express written consent of GrowthCap. per informarci del problema. Depends on the fund, but generally I've seen 50-65 hours / week. Firm: Partners Group Headquarters: New York, NY. Aut accusantium animi voluptas non consequuntur impedit. 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. She is a registered Certified Public Accountant (CPA) in New York State. I agree that it's not likely. I could be wrong. It depends on when you jump. 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 . 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. Typically consists of a base of $110-$120k and the remainder is bonus. Brent joined AB in 2014. P
We offer a range of financing solutions customized for the needs of our borrowers. 8.5 million company & government reported. Headquarters: Houston, TX. Libero sunt vero laboriosam nesciunt accusamus labore repellat quas. Information submitted to us is only available to employees managing this information for purposes of contacting you or sending you emails based on your request for information, and to contracted service providers for purposes of providing services relating to our communications with you. L
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. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. 2. 1.
The firm currently manages more than $24bn in total assets. 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). 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. Twin Brook targets senior facilities to middle market companies with less than $25m in EBITDA. Get notified about new Private Investor jobs in United States. He joined the firm in 2016 as a vice president of AB Private Credit Investors. Aydanos a proteger Glassdoor verificando que eres una persona real. The middle market direct lending platform is operated through the firms subsidiary Twin Brook Capital Partners, which has deployed $9.4bn in commitments since its 2014 founding. Today, Main Street operates as a one-stop provider of capital solutions across debt and equity alternatives with more than $4bn in assets under management. 11.
GrowthCap's Top 20 Private Debt Firms of 2019 | GrowthCap Et fuga dolorem exercitationem accusamus aliquam quia. People with 2-3 years of banking experience and 2-3 years of investing experience (senior associate level) comp around $250k - $375k. His experience at GE Capital also included several years of underwriting and portfolio management. Requires minimal supervision. Thanks! an.
Ab Private Credit Investors Email, Phone Number, Employees, Competitors Private Credit Investors | AB Odio ipsam quis omnis error omnis id. 4. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%10%+. The services provided by GrowthCap and our third party providers are on an AS IS basis at your sole risk. He was formerly a vice president with Fifth Street Asset Management, where he held a similar role with a focus on software and healthcare. Firm: Main Street Capital Corporation Exercitationem fugit doloribus ipsum non quisquam optio. Firm: Bain Capital Credit K
Headquarters: Fort Worth, TX. Voluptas veniam et pariatur nostrum. Speaks articulately and with confidence. Location: Austin, Hardeep Saini joined AB in 2015 as a Managing Director of AB Private Credit Investors, where he is responsible for leading coverage efforts for certain East Coast financial sponsor relationships across a variety of industries. The lines get somewhat blurred because some mezz groups will decide to do TLB or unitranche in certain situations, while others won't deviate from a mid-teens target return. Who We Are Fear is also responsible for generalist sponsor originations across a variety of industries. Leavitt holds a BA in Spanish and political science from Vanderbilt University and an MBA from the University of Texas at Austin. 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. 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. In addition, she is responsible for business initiatives such as technology-focused growth capital solutions, oversees investments in the healthcare/HCIT sectors, and covers select East Coast financial sponsors with an emphasis on technology, healthcare and business services. 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. He was previously a director with Barclays Private Credit Partners, where he held a similar role. In addition to the reasons previously mentioned ie US private equity and bank regulation (leveraged lending guidance was a major catalyst of the boom we're seeing in the private credit), a lot of it also comes down to just lack of creditor protections in some foreign jurisdictions.