A very small number ends up working for PE funds. Previously, Ramakrishnan was a managing director with Barclays Private Credit Partners, and as a founding member of the business was involved in various aspects of business launch, transaction sourcing and execution. Same here. AllianceBernstein employees attributed a compensation and benefits rating of 3.3/5 stars to their company. [NYSE: TAFI]: The AB Tax-Aware Short Duration Municipal ETF, an actively managed municipal bond strategy, seeks to provide relative stability of principal and a moderate rate of after-tax return and income. Agrawal holds a BTech in computer science and engineering from the Indian Institute of Technology Bombay, an MS in computer science from Ohio State University, and an MBA in finance and accounting from the University of Chicago Booth School of Business. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. 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. He holds a BBA in accounting and an MPA, both from the University of Texas at Austin. It's FREE. 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. Molestiae aut enim est repellat. THL Credit is the $15.8bn credit investment affiliate of Thomas H. Lee Partners, a leading private equity firm. 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. They are called private because unlike publicly . Before that, he was a senior mechanical design engineer with Motorola. Apply for the Job in Associate, Private Credit Investors at Austin, TX. He holds a BS in business from Tulane University and an MBA from the Kellogg School of Management at Northwestern. We look for high-quality businesses with strong management teams. Leavitt holds a BA in Spanish and political science from Vanderbilt University and an MBA from the University of Texas at Austin. Location: Austin, Casey Millsaps joined AB in 2015 and is a Director of AB Private Credit Investors, where she is involved in structuring, underwriting and execution, and portfolio management. Pyeatt holds a BS in financial planning from Texas Tech University. 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. It depends on when you jump. 13. Today the firm is positioned as a global investment manager across multiple asset classes with $196bn in assets under management. She joined AB Private Credit Investors in 2016 as an associate. The firm currently manages over $83bn in total assets and employs more than 1,200 professionals across 19 offices worldwide. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Flexible. He was formerly a senior associate with Fifth Street Asset Managements Technology & Venture Lending Group, where he underwrote both venture debt and middle market investments. T 6. 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. You can unsubscribe from these emails at any time. Firm: BlackRock For LevFin Primers I like BAML and Jefferies. Headquarters: Houston, TX. Our investment focus is secured lending with target, unlevered, asset-level returns of 7%10%+. Recent News and Activity. 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. Most people who hop to the buyside use the sellside as a feeder. These strategies include syndicated loans, high yield bonds, institutional and alternative credit, as well direct lending. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. NYC, ATL, etc.) Work Quality/Productivity: Consistently produces high-quality, accurate work in a timely manner. 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. Wir entschuldigen uns fr die Umstnde. Before that, he served as a partner and managing director of the Texas Growth Fund, a middle market private equity firm. Lamentamos Typically consists of a base of $110-$120k and the remainder is bonus. Si continas recibiendo este mensaje, infrmanos del problema Location: Austin, Caton Sanders 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. As others have mentioned, most stay in credit at similar funds. pour nous faire part du problme. Takes ownership of projects and drives the process but also knows when to ask for help. The firms 350 employees operate across a diverse spectrum of strategies, including leveraged loans, high yield bonds, distressed debt, mezzanine lending, and rescue financings. 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. 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. 1. I'll expand a little on why I think this is the right answer: In a lot of countries banks are the primary means of extending credit into the economy. Y GrowthCap, the GrowthCap logo and other GrowthCap trademarks and service marks referenced herein are trademarks and service marks of GrowthCap. Its fixed income strategy includes $226bn of assets across high yield, structured, private, emerging markets, and investment grade categories. Location: Austin, Evan Cohen joined AB in 2015 and is a Managing Director of AB Private Credit Investors, where he is also a member of the investment committee. Apollo operates one of the largest alternative credit platforms in the world. Let AB Private Credit Investors Know You Want To Work There. If you're ready to innovate and grow your career, join us. R M A Bank regulation and disintermediation sounds right. Dolor vel quod est officiis magnam porro omnis. naar 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. Its Global Private Finance strategy represents its middle market direct lending strategy and totals $11bn in assets under management. 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. AB Private Credit Investors is the middle market direct lending platform of AllianceBernstein. Our Business Continuity Plan is designed to enable us to recover and restore business operations as quickly as possible, safeguard employees and property, protect the our books and records, and assure clients prompt service through alternative offices. verdade. 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. J 5. The average salary for a Credit And Private Investment Risk is $26,877 per year in . B) Salary.com being able to use your name and address to tailor job posting to your geographic area. For purposes of this agreement, GrowthCap means GrowthCap, LLC and its subsidiaries and other affiliates, and their officers, directors, managing directors, partners and employees. AB-PCI pursues a flexible mandate designed to deliver attractive risk-adjusted returns by investing in first lien, second lien, unitranche, and mezzanine debt, as well as structured preferred stock and private equity co-investments. 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. questo messaggio, invia un'email all'indirizzo 2. 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. O Humphries previously worked in leveraged finance with NationsBank and J.P. Morgan, and as a financial analyst with Exxon. Alexander was previously a director at ORIX, where he held a similar role. Credit activities at Apollo are extremely broad, including non-traditional off-the-run asset classes, traditional middle market and corporate loans, and even distressed situations. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Headquarters: New York, NY. 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. Get a free, personalized salary estimate based on today's job market. Groves holds a BSBA in finance and leadership studies from the University of Richmond. GrowthCap Partners, LLC is a FINRA (http://www.finra.org/) and SIPC (http://www.sipc.org/) Member Firm. Molestiae nihil adipisci illum quia magni. Your input helps Glassdoor refine our pay estimates over time. B Sanders holds a BBA in financial consulting from Southern Methodist University. Quality of products and services. 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. Firm: Guggenheim Investments Goldman Sachs has been involved in direct credit investing through its Merchant Banking Division since 1996. Apollo, Blackstone/GSO, Carlyle), some at large financial institutions (e.g. Lamentamos pelo inconveniente. The firm focuses on $10m to $75m investments in middle market businesses with $50m to $500m in revenue and $10m to $50m in EBITDA. las molestias. Miller joined the firm in 2015 as a Director of AB Private Credit Investors. Before joining AB, she was the chief operating officer and head of operational due diligence at Gapstow Capital Partners, an alternative investment advisor. 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. I'm curious about comp as well if anybody has any data points to share. Gonzalez holds a BBA in finance from Texas Christian University. We will send you an email to access your personalized report. 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. 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. AllianceBernstein employees rate the overall compensation and benefits package 3.3/5 stars. LPs, what do you think of ESG and impact investing? allstar101. He holds a BS in management from the United States Air Force Academy and an MBA with concentrations in finance and accounting from the University of Chicago Booth School of Business. We have a demonstrated track record of consistently producing attractive, risk-adjusted returns throughout low-rate environments. Strive to make a positive impact on the people around you by being a team player and an effective project manager, develop strong working relationships, and demonstrate strong commitment to the teams goals consistent with AB-PCIs emphasis on a cooperative and supportive work environment Job Qualifications & Key Attributes The ideal candidate should have: Bachelors degree demonstrating superior academic performance. As part of this effort, BlackRock purchased the $9bn private credit manager Tennebaum Capital Partners in 2018. From time to time we participates in disaster recovery exercises to confirm that such stored information remains accurate and accessible to us. Although the information provided to you on this website is obtained or complied from sources we believe to be reliable, GrowthCap cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Intern, contractor and hourly pay scale vary from regular exempt employee. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Firm: Ares P 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Kocher holds a BBA and MPA from the University of Texas at Austin. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. D A) Salary.com storing your resume for purposes of providing you with the job posting service. Angel, Fund of Funds, Venture Capital). 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. 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. Thomas was formerly an assistant vice president in the Corporate Credit Group at Bank of America Merrill Lynch. 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. KKRs credit offering originated in 2004 after consistently being approached with proprietary opportunities that didnt fit into its traditional private equity heritage. 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. Forms opinions and is discreet about confidential information. 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. 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. Crescent has been strictly focused on credit investing for over 25 years. Demonstrates strong attention to detail. Se continui a visualizzare Velit est voluptatibus eius quia magnam optio. He was formerly an analyst in the Corporate Finance Group at Prudential Capital Group and an associate at AMS Health Care Mortgage Corporation. Our deep industry experience enhances our ability to be creative and efficient while delivering certainty to our partners and borrowers. Comparably will give AB Private Credit Investors the opportunity to hire you. 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. Location: Austin, Andrew Izzo 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. D They will also selectively consider mezzanine debt investments. On Fishbowl, you can share insights and advice anonymously with AllianceBernstein employees and get real answers from people on the inside. Our customized financing solutions and efficient transaction process provide greater certainty for middle market companies. Hope that helps. 4.