AllianceBernstein beefs up its private credit group

The firm has added senior personnel from GE Capital, CIT and Goldman Sachs, among others, to its private credit investors group.  

AllianceBernstein’s private credit investors (AB-PCI) group has been adding senior origination and credit staff and assigning specific roles to existing and new team members in tandem with raising capital for its first direct lending funds, which closed at $1.1 billion earlier this month. Most staff within the originations group are now focused on specific industries or regions, explained Brent Humphries, who leads the group and joined from Barclays Private Credit Partners in April last year.

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