Investment Analyst Summer Intern

AB Private Credit Investors – 2026 SMU Rising Senior Summer Intern

About AB Private Credit Investors

AB Private Credit Investors (“AB-PCI”) is the private corporate credit investment platform of AllianceBernstein.  AB-PCI manages $20 billion of capital and advises private credit and equity funds for institutional and high net worth investors.  As a provider of capital, AB-PCI provides unique and flexible capital solutions to private corporate borrowers across various industry sectors. 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.

Investment Analyst Internship Description

• Role sits within investment teams and actively participates in the loan origination / underwriting and the investment decision making process
• Immersive, comprehensive, and finance-centric internship program that involves corporate credit investment analysis, financial modeling, valuation, and structuring as part of an investment team
• Top performers may be eligible for returning full-time Investment Analyst offer (upon graduation)
• Paid internship located in Austin, TX
• Internship will run June-August 2026 (with specific dates to be provided at offer)

Job Qualifications

 Bachelor’s degree candidates with demonstrated excellence in academics

• Rising Seniors during the Summer 2026 (with expected graduation Winter 2026 or Spring 2027)
• Demonstrate understanding of investing, debt, and LBO / private equity transactions
• Accepted into EnCap Investments & LCM Group Alternative Asset Management Center Program
• Ability to analyze data in Excel (with ability to build LBO models a strong plus)
• Strong verbal and written communication skills and ability to collaborate with a team
• Demonstrate good judgment and attention to detail, ability to take initiative and be proactive
• Permission to work in the United States for at least 3 years after graduation

Location:  Austin, TX

Timing: Summer 2026

Diversity and Inclusion at AB

People of color, women, and those who identify as LGBTQ 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, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.