ab private credit investors salary
The average AllianceBernstein hourly pay ranges from approximately $31 per hour for an Intern - Hourly to $73 per hour for a Software Engineer. 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. Headquarters: Houston, TX. Molestiae aut enim est repellat. Magni in at sapiente in ipsa accusantium. 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. D Companies typically have robust business models, strong competitive positions, sustainable enterprise value and predictable cash flow profiles. While we lend to a broad set of industries, our professionals have a deep understanding of certain targeted industry sectors. Edit Recent News and Activity Section. 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. Guggenheim is a global asset management and investment advisory firm with more than $203bn in assets under management. Prior to this, AB-PCIs team members worked at premier investment banks, and in middle-market private equity and private credit investing. 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. The firms U.S. direct lending strategy, which is handled through Ares Capital Corporation (NASDAQ: ARCC), represents the largest BDC in the United States. 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. A They began with a focus on mezzanine, having deployed over $30bn since inception. 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. The six qualities consumers selected as most important were: Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.8. Before that, he was an associate at The Riverside Company, a middle market private equity firm. 20. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%-10%+. Voluptas veniam et pariatur nostrum. Vp/vice President Of Ab Private Credit Investors salary is full-time annual starting salary. A few people also go on to become CFOs. 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. He holds a BS in business from Tulane University and an MBA from the Kellogg School of Management at Northwestern. Typically consists of a base of $110-$120k and the remainder is bonus. Ci 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. It's weird that people tend to think of equity investment superior than credit investment. 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. Firm: Barings Finance & Accounting Based on 364 salaries Associate Portfolio Manager 59 salaries Quantitative Analyst 21 salaries View More Business Based on 331 salaries Vice President 100 salaries I don't think it's likely anyone is moving to lev fin after being on the buyside. Thomas was formerly an assistant vice president in the Corporate Credit Group at Bank of America Merrill Lynch. You are permitted to store, display, analyze, modify, reformat, and print the information made available to you via this website only for your own use. It depends on when you jump. THL Credit is the $15.8bn credit investment affiliate of Thomas H. Lee Partners, a leading private equity firm. Choice Health at Home raised $190,000,000 / Debt Financing from AB Private Credit Investors and 2 other investors . 4. 7. I Angel, Fund of Funds, Venture Capital). Grimm holds a BS in mechanical engineering from Tulane University and an MBA from the Samuel Curtis Johnson Graduate School of Management at Cornell University, where he was a Roy H. Park Leadership Fellow. Atque earum officiis perferendis mollitia voluptate quod qui. Prior to joining GE Capital in 2004, he worked for KPMG. In my experience (limited to Real Estate), debt doesn't pay as well across the board as return profiles are generally far more conservative. Private Credit Funds | Wall Street Oasis 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. Fair prices/fees for products and services. Masters the appropriate analytical techniques and financial models. X Consulting, a management-consulting firm. MONITORING OF USE BY GROWTHCAP; NO WARRANTY AS TO THE SECURITY OF THIS WEBSITE. AB is a global investment-management and research firm with more than $600 billion in assets under management and.css-epvm6{white-space:nowrap;} More, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. We have a broad investing mandate centered on resilient and diversified business models. Alexander was previously a director at ORIX, where he held a similar role. 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. AB-PCI is a relatively small group of senior investment professionals with a close-knit culture. Salary: AllianceBernstein Finance & Accounting | Glassdoor Job Summary AB-PCI is looking for an associate to work as part of the investment team. Provisions have also been made for clients to continue to be able to contact our employees. 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. 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. Firm: AB Private Credit He was formerly an analyst with Prudential Capital Group. V C 6 on their list of the Top 25 Most Trusted Financial Companies for 2022. The average salary for a Credit And Private Investment Risk is $26,877 per year in . Awardees were selected based onapplication submissions and evaluation of firm performance including historical growth and impact on private business. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie 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. The average AllianceBernstein salary ranges from approximately $53,732 per year for an Administrative Assistant to $550,981 per year for a Managing Director. Sorted by Date, page 1, Related Vp/vice President Of Ab Private Credit Investors Salary, Vp/vice President Of Ab Private Credit Investors Salary, Alliancebernstein Vp/vice President Of Ab Private Credit Investors Salaries, Vp/vice President Of Ab Private Credit Investors Austin, TX Salaries, .NET DEVELOPER (SOFTWARE DEVELOPER, APPLICATIONS) Salary. Previously, he worked as an analyst in the Leveraged Finance Department of Wells Fargo Securities. los inconvenientes que esto te pueda causar. W Location: Austin, Sean Kennedy joined AB in 2014 and is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Grimm was previously a vice president with GE Capital, where he held a similar role. 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. For purposes of this agreement, GrowthCap means GrowthCap, LLC and its subsidiaries and other affiliates, and their officers, directors, managing directors, partners and employees. We look for high-quality businesses with strong management teams. Main Street has invested in more than 180 companies across 50 industries since inception. 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 . Private debt investment plays a critical role in the growth of the U.S. economy by providing capital to lower and middle market companies. 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. 3. 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. Its Global Private Finance strategy represents its middle market direct lending strategy and totals $11bn in assets under management. V These strategies include syndicated loans, high yield bonds, institutional and alternative credit, as well direct lending. 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. U Quia molestias nihil ad laudantium rerum et doloremque. Headquarters: Boston, MA. 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. GrowthCap cannot and does not guarantee continuous, uninterrupted or secure access to this website. Do you believe debt breeds managerial excellence? The direct lending effort is focused exclusively on highly negotiated investments in middle market companies for growth financings, recapitalizations, and acquisition financings. More than 6,500 consumers were surveyed in two polls conducted during June and July. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Such information is regularly sent to off-site storage facilities. Any good recommendations out there? The lowest-paying job at AllianceBernstein is an Administrative Assistant with a salary of $53,732 per year. Another route could be Rx or distressed investing. Its three main strategies include performing credit, credit opportunities & special situations, and private debt. 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. Any possibility to move internally from the private credit side to PE or PE operations - thinking about a fund that has all three rn. 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. Depends on the fund, but generally I've seen 50-65 hours / week. Can anyone explain what types of debt / funding a BDC can offer? Our clients include some of the world's top institutions as well as private-wealth clients and retail investors. The firm is currently underway in raising $10bn for a specific pool of capital focused on direct lending to middle market companies. We provide flexible financing solutions to corporate borrowers and manage capital for a diversified group of institutional and high-net-worth investors. BDC 2nd Year Analyst - 100-110K Base, 50-70K bonus. Read what they think about their salaries on our Compensation FAQ page for AllianceBernstein. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. pour nous faire part du problme. 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. Bank regulation and disintermediation sounds right. You can update your choices at any time in your settings. Learn more in our Cookie Policy. Libero sunt vero laboriosam nesciunt accusamus labore repellat quas. 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. in NY/Chicago/LA, what's a reasonable comp package to expect? 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. Discover unique insights from growth investors and leading executives. Associate, Private Credit Investors in AB LP. It's just something I have seen here an there. He holds a BA with concentrations in economics and sociology from University College Dublin. 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. A Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Headquarters: New York, NY. Golub Capital has been a mainstay in middle market lending since its founding more than 25 years ago. Firm: Golub Capital The firms activities are spread across a variety of products, including primaries, secondaries, co-investments, real assets, and private credit. We are relationship-focused, with a long history of supporting the growth needs of our borrowers. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. S 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?) Vp/vice President Of Ab Private Credit Investors salaries are collected from government agencies and companies. 8. Your input helps Glassdoor refine our pay estimates over time. Before joining GE Capital, he worked for M&I Bank in correspondent banking. The information contained in this website is the property of GrowthCap. Recent estimates place total private debt assets under management at approximately $640 billion. We offer a range of financing solutions customized for the needs of our borrowers. People with 2-3 years of banking experience and 2-3 years of investing experience (senior associate level) comp around $250k - $375k. 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. Congratulations to this years awardees. I would expect a possible next role to be a different kind of credit investing. Know Your Worth. WhiteHorse, the credit affiliate of H.I.G. The firm specializes in credit and opportunistic investments, which includes a robust direct lending effort focused on lower middle and middle market businesses. acquisition financing, expansion capex, working capital, or anything else? Ethical business practices and values. Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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). Access to this website is provided by GrowthCap. 13. 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. Private credit is a way for businesses to raise capital (money). 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Edit Details Section. Izzo holds a BA in economics from Princeton University. 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. Quantitative/Problem Solving: Demonstrates a strong grounding in accounting, finance, and the capital markets. They are called private because unlike publicly . You have some at large BBs (e.g.
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ab private credit investors salary