AB Private Credit Investors ("AB-PCI") is the private corporate credit investment platform of AllianceBernstein. AB-PCI manages $26+ billion of capital and advises private credit and equity funds for institutional and high net worth investors. AB-PCI provides unique and flexible capital solutions to private corporate borrowers across various industry sectors to support debt financing needs for acquisitions, leveraged buyouts, recapitalizations, refinancings, and growth investments. We seek to deliver attractive risk-adjusted investor returns by investing in unitranche, first lien and second lien debt, as well as private equity co-investments and structured preferred stock. 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.
AB-PCI is led by seasoned investment professionals with strong industry knowledge and investing track-record. The group maintains a cohesive culture, and values teamwork, collaboration, and contribution of individual team members.
What You'll Do
This internship is best suited for candidates who are interested in learning about and pursuing a career in investment banking or buy-side investing such as private equity or private credit.
The intern selected will experience an immersive, comprehensive, and finance-centric internship program that involves corporate credit analysis, financial modeling, and valuation skill building.
The candidate will sit within investment teams and actively participate in the loan origination / underwriting and the investment decision making process.
The training, transaction exposure, and networking this internship offers will prepare the candidate well for a career track in investment banking or another area of alternative investments.
Bachelor's degree candidates with demonstrated excellence in academics
Preference for May 2029 graduates (Rising Juniors), but will consider Rising Seniors
Preference for Finance majors, but will consider other technical business tracks
Ability to thoughtfully assemble and analyze data, working comfortably in Excel and PowerPoint
Strong verbal and written communication skills
Demonstrate good judgment and attention to detail, ability to take initiative and be proactive
Work well independently as well as within a team
Strong work ethic and desire to explore a career path in investment banking, private equity, or private credit
Job Location: Austin, TX
About AB
We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.
Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!
All are encouraged to apply. 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. AB's policies and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.
From AllianceBernstein's public posting, laid out for reading by newgrad.ai with the wording unchanged. Check the original before you apply.
