Anyone have color on Stellus Capital Management based out of Houston? Haven't seen any prior discussion on them. Looks like their latest fundraise was in 2022 at $1.8bn, and they have $3.4bn AUM as of their latest filing.
| +39 | What's the Difference - Opportunistic PC vs Opportunistic HF | 14 | 6d |
| +21 | Need advice between CB or PC | 7 | 2d |
| +11 | Any updated views on Barings Private Credit platform? | 7 | 1d |
| +10 | High Yield/Loan Market Comp | 3 | 21h |
| +9 | What does a typical private credit interview looks like? | 3 | 4w |
| +9 | Private Credit Advice | 2 | 3d |
| +9 | Buyside Credit Opportunities | 3 | 1w |
| +8 | Province Firm? RX CO | 2 | 3w |
| +8 | What type of position should I move to next? | 4 | 1w |
| +8 | Stonepeak private credit (2026) | 3 | 2w |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bump
High turnover…at the junior levels
Comp is probably an issue. I think they pay below Main Street, which also has a Houston office
I spoke with an HH for both them and Main Street, posite for me. Main Street was quoted to me as $175-200k TC, which I was told was below Stellus. Not sure exactly what Stellus is though.
i think they're right around 200k all in from when I talked to a recruiter a couple years back. They don't really hire impressive candidates though, mostly credit analysts from commercial banks and shit.
Was this for the associate level?
From my interactions with people there, seems like a solid shop with very strong seniors given their DE Shaw heritage. Junior comp is slightly below street but you'd probably still come out ahead since it's Texas.
There is high turnover at the junior level, but it's mostly because it's hard to make VP than anything else. Probably not the place to be if you are set on making VP, but you'd still have good lateral opportunities.
always been curious. I think Stellus and Main Cap are the two direct lenders in Houston no? I've never heard of anyone else.
Those two and crestline are the only ones I knew in Texas
Veritatis tenetur et earum quos. Porro quidem fuga impedit dolores at vitae. Et sit dolorem unde tempora recusandae possimus ut.
Necessitatibus similique nobis libero eum laudantium odit voluptas. Ullam libero et earum corrupti recusandae ut et. Assumenda non est voluptate sit modi laudantium culpa. Voluptas et delectus et autem quaerat voluptatem placeat hic. Officiis quia aut quisquam. Eius veritatis voluptate est cum.
Odit deleniti et aut officiis placeat soluta eum dicta. Libero aut voluptas quasi architecto illum enim.
Unde aut aut impedit libero veniam veniam laborum. Deserunt saepe facere et reiciendis voluptatem. Voluptatum suscipit est dolores sint. Aut ad voluptates repellendus cum. Laborum voluptatibus alias perspiciatis deserunt consequatur facilis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...