Ab Private Credit Investors LLC (New York)

Name: Ab Private Credit Investors LLC
Address: 1345 Avenue Of The Americas, New York, NY, 10105
Telephone: 212-969-1000

Ab Private Credit Investors LLC is a large advisory firm based in New York. It manages $2.29 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Ab Private Credit Investors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ab Private Credit Investors: assets under management

The assets under management (AUM) of Ab Private Credit Investors LLC is $2.29 billion. The firm's AUM has grown by 56% since the beginning of its operation, and $459.14 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.92 billion in discretionary accounts and $364.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $641.33 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $364.12 million.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 87% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 13% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ab Private Credit Investors LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ab Private Credit Investors serves?

The firm provides services to insurance companies, pooled investment vehicles, and business development companies. The largest group of clients of Ab Private Credit Investors is pooled investment vehicles with 2 clients and $1.87 billion of assets under management. Among the 7 most similar advisory firms, Ab Private Credit Investors has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.29 billion for 4 clients. 25% of the firm’s clients are foreign persons or businesses.

Ab Private Credit Investors also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $500,000.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Alliancebernstein L.P.	Sole member	1 Jun 2014	75% - 100%	108477

Based in New York

The principal office where Ab Private Credit Investors LLC performs its advisory services is located at 1345 Avenue Of The Americas, New York, NY 10105, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-969-1000 or by fax 212-969-2293. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at abglobal.com.