Nexus capital
Anyone have any experience with nexus capital's credit side? LA. I think carterpierce is running the process.
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It's just a loan book... which hasn't started yet from what I gathered. No dedicated fund. Very similar to CLO. Mostly IG and some HY/performing investments... Not sure how returns been on the PE side, but I know Nexus has a great PE platform doing value buyouts... In terms of culture, there's only one guy there and he's not a boss you'd want to work for... very much a 'taker' and attitude is negative - cranky, whiney, volatile, unreasonable... always had an unpleasant experience in my dealings with him... not that surprised as lotta ex canyon folk are difficult to work with, but I am surprised nexus hired him.
Just confirming that this guy is very difficult to work with... he's inconsiderate, smug, with a classic nasty, snobby attitude... which is frankly very common among zio elitist hedgies and bankers... what's bizzare is how poor his numbers were at canyon... i figured he'd be humbled by losing that kind of $$$ but nah... can't speak much on nexus at large as i've never worked with them and believe they're a newer shop
They are not a loan book. They are moving into loan to own distressed. Ik for a fact
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