Patrick Fear, CPA
11 Years at AB|27 Years of Experience
Patrick Fear joined AB in 2014 and is a Senior Managing Director and founding team member of AB Private Credit Investors (AB-PCI), and is a member of its operating and investment committees. He is also the Head of the Digital Infrastructure and Services sector team and represents AB-PCI’s operating committee as Chair of AB Net Asset Value (NAV) Lending. Fear was previously a director with Barclays Private Credit Partners, where he held a similar role. Prior to that, he was a director with CapitalSource in the US and Europe. Fear was a founding member of the senior management team of CapitalSource Europe, responsible for sourcing, executing and monitoring a $500 million portfolio of middle market mezzanine and other leveraged loans in a variety of industries. Before that, he was a vice president focused on M&A advisory at Robert W. Baird in London and Chicago. Fear began his career in transaction services at PricewaterhouseCoopers. He holds a BBA in accounting from the University of Notre Dame and is a Certified Public Accountant (CPA). Location: Austin
Published Work
Publications on private equity net asset value (NAV) loans have tended to focus on the perspective of private equity sponsors and limited partners. Here, we examine NAV lending from the perspective of asset owners, particularly insurance investors: What is NAV lending, why is it appealing, and what are the considerations in accessing the opportunity?