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. Written Communication Skills: Writes in an organized, concise, and persuasive manner. In 2018 alone, Crescent deployed $1.5bn in new direct lending commitments across 25 platform companies and 75 add-on acquisitions. He joined AB Private Credit Investors in 2016 as an associate. - Location: Chicago, Managing Director AB Private Credit Investors, Patrick Gimlett joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he leads the teams originations activities in the energy sector and covers generalist financial sponsors located in Dallas and Houston. 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. Another route could be Rx or distressed investing. 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. S los inconvenientes que esto te pueda causar. 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. 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. 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. Vp/vice President Of Ab Private Credit Investors salaries are collected from government agencies and companies. Can anyone explain what types of debt / funding a BDC can offer? Our investment focus is secured lending with target, unlevered, asset-level returns of 7%10%+. Most private credit funds that I know (not BDCs) pay around $200-$225k all in for Associates with 1-2 years of banking experience. Capital, where he held a similar role. 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. Alexander was previously a director at ORIX, where he held a similar role. Industries . Additional pay could include bonus, stock, commission, profit sharing or tips. naar to let us know you're having trouble. 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. 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. Firm: Guggenheim Investments G 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. Headquarters: Houston, TX. 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. Foshager holds a BBA in finance from the University of Wisconsin, Oshkosh, and an MBA from Arizona State University. KKRs credit offering originated in 2004 after consistently being approached with proprietary opportunities that didnt fit into its traditional private equity heritage. Sensitivity to customer needs in the current economic and financial climate, IBD's 25 Most Trusted Financial Companies. Quia adipisci animi facilis ullam aliquid illum earum. Why's that? X D Prior to joining GE Capital in 2004, he worked for KPMG. V Si vous continuez voir ce para informarnos de que tienes problemas. Provisions have also been made for clients to continue to be able to contact our employees. Recent estimates place total private debt assets under management at approximately $640 billion. Shaw and Merrill Lynch. 8. Miller joined the firm in 2015 as a Director of AB Private Credit Investors. 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?) Groves holds a BSBA in finance and leadership studies from the University of Richmond. I'm curious about comp as well if anybody has any data points to share. verdade. The firms private credit offering provides numerous direct lending solutions to middle market borrowers, including first lien, unitranche, and second lien loans. Click here to see the total pay, recent salaries shared and more! Location: Los Angeles, Daniel Weiss joined AB in 2016 and is a Managing Director of AB Private Credit Investors, where he leads financial sponsor coverage efforts for Chicago and the Midwest across a variety of industries. He holds a BS in business administration from Carnegie Mellon University. These strategies include syndicated loans, high yield bonds, institutional and alternative credit, as well direct lending. The information contained in this website is the property of GrowthCap. pour nous faire part du problme. He formerly held the same role at Barclays Private Credit Partners. She is a registered Certified Public Accountant (CPA) in New York State. Work Quality/Productivity: Consistently produces high-quality, accurate work in a timely manner. Aut voluptatum maxime quia ex dicta sit similique. It is also exploring other efforts to bolster its focus on private credit, an area the firm sees as an attractive place for growth going forward. He holds a BEng in computer science from the University of Mumbai and an MBA in finance from the Zicklin School of Business at Baruch College. Lewis Leavitt is the Director at AB Private Credit Investors. 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. Its private debt offering is focused on privately negotiated senior loans to middle market businesses with EBITDA between $10m and $75m. We manage approximately $14.5 billion in investable capital (as of September 30, 2022), and can make sizable commitments to facilitate new and repeat transactions to support the growth needs of our borrowers. Such information is regularly sent to off-site storage facilities. It depends on when you jump. 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. How we do it? AB Private Credit Investors provides financing to middle market companies for acquisitions, including leveraged buyouts; recapitalizations; refinancings; and growth investments. Our industry sector experience includes: AB Private Credit Investors (AB-PCI) provides investment advisory services with respect to private credit investment portfolios for institutional and high net worth investors. 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. 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 scusiamo se questo pu causarti degli inconvenienti. View the job description, responsibilities and qualifications for this position. 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. 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). Its Global Private Finance strategy represents its middle market direct lending strategy and totals $11bn in assets under management. Firm: KKR Credit 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. Prior to joining the team, he launched TriplePoint Capitals New York office in 2017 and most recently led its East Coast investment team. The average salary for a Credit And Private Investment Risk is $26,877 per year in . It's just something I have seen here an there. Prior to that, Kocher was an operational due diligence analyst at Barclays Wealth Americas and Barclays Global Investors. The firms credit platform is deep, providing solutions across distressed, performing, residential & consumer, energy, middle market direct lending, commercial real estate, and liquid credit strategies. Its fixed income strategy includes $226bn of assets across high yield, structured, private, emerging markets, and investment grade categories. If after a significant business disruption you cannot contact us as you usually do at (646) 679-1711, you should go to our website at www.growthcapadvisory.com. V 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. Thanks! Comparably will give AB Private Credit Investors the opportunity to hire you. Location: Austin, John Schissler joined AB in 2022 and is a Managing Director with AB Private Credit Investors, where he is involved in portfolio-management activities, including value-maximization and performance improvement initiatives. Lewis Leavitt - Crunchbase Person Profile 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. Location: Austin, Bradley Leuchtman joined AB in 2019 and is a Vice President with AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. He began his career in transaction services at PricewaterhouseCoopers. Drent holds a BA in business economics, accounting and mathematics from the University of California, Los Angeles. Location: Austin, Shishir Agrawal joined AB in 2014 and is a founding member and Managing Director of AB Private Credit Investors. He is a CFA charterholder. We partner with leading financial sponsors but also lend to non-sponsored companies, including family-owned businesses and public companies in need of a private debt solution. envie um e-mail para Responds quickly and accurately to requests. As others have mentioned, most stay in credit at similar funds. Trusted by over 1,000 aspiring private equity professionals just like you. All fields are required for calculation accuracy. Miller holds a BA in international relations from the University of Memphis and a MAcc from the University of Southern California. Fear is also responsible for generalist sponsor originations across a variety of industries. We offer high-quality research and diversified investment services to institutional and individual investors worldwide. Odio ipsam quis omnis error omnis id. Headquarters: Chicago, IL. His experience at GE Capital also included several years of underwriting and portfolio management. GSO is considered one of the worlds largest credit-oriented asset managers and currently boasts $128bn in credit assets under management. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Location: Austin, David Foshager is a Director of AB Private Credit Investors, where he is involved in structuring, underwriting and execution, and portfolio management. Oral Communication Skills: Participates effectively in meetings and presentations. I kinda meant why cant you go sellside ---> buyside ----> sellside? 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. In private credit, the investor lends money to the company in exchange for interest payments and can impose covenants and/or collateralization that secures the loan. Millers experience at GE Capital also included several years of underwriting, portfolio management and debt restructuring. Rank: Monkey. 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. AllianceBernstein received an overall trust score of 77.9, with the No. Why are headhunter firms all predominantly women? 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. I 8.5 million company & government reported. Depends on the fund, but generally I've seen 50-65 hours / week. We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. He was formerly an associate at Norwest Mezzanine Partners. 5. 2. 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. Prior to Norwest, Land was a senior investment analyst at Prudential Capital Group. Et fuga dolorem exercitationem accusamus aliquam quia. Headquarters: New York, NY. We duplicate all critical firm, client, regulatory and financial information on appropriate media, and store the backed-up information at remote locations.
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