We Deliver, Differently.

Alternatives at AB

PRESS RELEASE
AB Launches AB CarVal Credit Opportunities Fund
 
 

We Deliver, Differently.

AB’s expansive and growing platform of public and private alternative investment solutions is designed to achieve diverse outcomes for investors. Global scale, financial stability and the quiet strength of one of the world’s largest asset managers: we’re putting it to work…to make a difference for you.

172

Alternative Investment Professionals

$70B

Alternative AUM

40+

Years Managing Alternative Investments

1 As of December 31, 2024

 

Partnership Culture

Our alternatives teams are committed to a candid, insight-rich and constructive process focused intently on client outcomes. For over 35 years, AB’s collaborative, selfless culture has taken partnership to a different level— with clients and across our investment teams. We’re always on task delivering —no matter the noise.

Versatile Platform

AB’s versatile alternatives platform is built for investment reality and longterm relationships, because markets evolve and objectives change. Our unique spectrum of sophisticated, distinctive strategies—hedge fund solutions and private alternatives—is designed to deliver differently and solve for a continuous stream of new challenges.

Big-Firm Experience

The integrity and operational performance of AB’s alternatives solutions stand on the firm’s global scale, financial stability and quiet strength at every stage of the investment lifecycle. As one of the world’s largest asset managers, with decades of experience, we’ll continue delivering alternatives differently for clients ranging from individual investors to the most sophisticated institutions.

 
Our Platform
 

Our Platform

AB’s distinctive hedge-fund and private-market alternatives offer novel ways to achieve income, absolute return or opportunistic goals through accessible structures suited to institutions, wealth advisors and individual investors.

Private Alternatives

AB’s versatile private alternatives platform is built to serve longterm relationships as markets evolve and objectives change. Our sophisticated, credit-focused strategies and independent manager structure offer choice, differentiated sourcing and decision-making.

 

As of December 31, 2024

 
  • Private Alternatives Strategies

    Our private alternatives solutions deliver differently, with one of the most diversified credit platforms in the industry and access to proven managers with deep sector experience.

  • Opportunistic Credit

    Our opportunistic capability is managed by AB CarVal's 80-strong team, with in-market presence across the US, Europe and Asia. For more than 36 years, the team has capitalized on market dislocations in the public and private sectors.
     

    • Opportunistic Credit
    • Energy Transition Investments
    • Asset-Based Finance
    • Transportation

     

  • Corporate Direct Lending

    AB-PCI is AB's direct lending platform, offering flexible financing and capital solutions to middle market companies. The sector-focused team has completed more than 560 transactions since 2014.
     

    • Middle Market Corporate Direct Lending
    • NAV Lending
    • Intermediate Capital Solutions
    • Minority Private Equity

     

  • Commercial Real Estate Debt

    AB's US and European real estate debt teams are known for flexible capital soluitions and high execution certainty across traditional and alternative property types, and an extensive network of both borrowers and investors.
     

    • Value-Add Loans
    • Core and Core-Plus Loans
    • Senior/Whole Loans
    • Mezzanine Loans
    • Preferred/Structured Equity

     

  • Private Placements

    AB has been managing private placements since 1971, one of the longest-tenured investors in the US market. The team is widely resourced to focus on credit investing globally, with dedicated analysts in underwriting, restructuring and portfolio management. 
     

    • Investment-Grade Private Debt
    • Secured and Unsecured
    • Corporate and Infrastructure
    • Structured Private Debt

     

 

Opportunities for Alternative Income Within Private Credit

Banks are retreating from many forms of lending, creating a tidal wave of opportunities for private credit investors. Learn why partnering with an experienced manager is essential for capturing this unique opportunity.

AB CarVal
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      Featured Products
       
       

      AB CarVal Credit Opportunities Fund

      This flexible, actively managed strategy is designed to adapt to changing markets in pursuit of stable risk-adjusted returns with low correlations to public equity and fixed income markets. The fund capitalizes on evolving private credit opportunities, including specialty finance, energy transition investments and aviation leasing.

       
       
      Featured Resources
       
      23 September 2024 / 7 min read
      Brian Resnick

      A new wave of opportunity seems set to flow into private credit markets, which could enhance risk-adjusted returns and diversify portfolios. What’s driving this potential, and how should investors think about integrating private credit into their existing portfolios? We think it’s sensible to follow a set of concrete steps along the path from consideration to implementation.

       
      A photo of Neil Hepworth, Managing Director at AB-CarVal
      19 December 2024 / 2 min watch
      Neil Hepworth , David Johnston , Angie Fenske , P.J. Collins

      Economic conditions are mixed. For diligent investors, we think consumer credit still has strong potential.

      A photo of James McManus, Managing Principal at AB-CarVal
      29 October 2024 / 2 min watch
      James McManus

      Investing in aircraft may provide exposure to emerging market growth with uncorrelated return streams

       
      More for You
       
      Pinwheels against a blue sky that evoke images of wind turbines
      15 January 2025 / 3 min read
      Xiaoyu Gu , Jody Gunderson

      A look at how the renewable energy opportunity may--and may not change.

      Shoppers walk through a mall at sunset
      17 May 2024 / 4 min read
      James Sackett

      Private capital is increasingly being used to finance consumer spending.

      A birds-eye view out an airline window, with the plane’s wing, blue sky and fluffly clouds visible.
      15 March 2024 / 3 min read
      James McManus , Lucas Detor

      Investments in aircraft can offer steady cash flow and a return profile that’s uncorrelated to broad market indices.

       
       

      We Deliver, to Make a Difference For You.

       
       

      Important Information

      Alternative investments involve a high degree of risk and are designed for investors who understand and are willing to accept these risks.

      There can be no assurance that any alternative investment strategy will achieve its investment objectives. A more detailed discussion of risk factors can be found in the applicable offering document(s), which you should read carefully before you decide to invest.

      For use by Professional Clients only. Not for inspection by, distribution or quotation to, the general public.

       

      1 AUM figures represent AB’s Private Alternative strategies and its Hedge Fund Solutions business. AUM includes leverage where applicable and is comprised of fee-earning AUM and fee-eligible AUM. Fee-earning AUM includes those assets currently qualified to generate management fees. Fee-eligible AUM includes committed capital that is currently uncalled or recallable. The figure is preliminary. 

      2 Total AUM also includes AB Energy Opportunities, which is not shown in the pie chart. All dollar figures refer to US Dollars. Total may not sum due to rounding. When AB reports its AUM publicly it excludes levered capital and does not include uncalled capital commitments. The above AUM figures only represent AB’s Private Alternative strategies and not its Hedge Fund or FOF business.