Nexus capital
Anyone have any experience with nexus capital's credit side? LA. I think carterpierce is running the process.
Trending Content - Private Equity Forum
| +60 | Working on Juneteenth | 35 | 1d |
| +25 | Hardest time I have ever seen to be a GP | 3 | 2d |
| +20 | How to Get on Career Track / Stay Post ASO years | 6 | 22h |
| +19 | Weighing exit from LMM PC/PE | 4 | 22h |
| +15 | Healthcare PE | 6 | 2d |
| +14 | KKR comp for Principal | 15 | 11h |
| +12 | LMM groups within larger platforms? | 1 | 6d |
| +11 | Reality of the move from LMM to MM | 2 | 5d |
| +9 | LMM/MM PE London | 5 | 1d |
| +9 | MBA and Private Equity | 3 | 1d |
Career Resources
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
1) While I don't 100% agree with the above replies re: the PM they hired, I agree with 75% of them... and 2) he said he's doing 'performing loans'... he was very intentional in conveying that the strategy is not stressed/distressed whatsoever. I think he likes guys with a Rx background because they can do anything, but the nexus loan book credit strategy is new issues in IG/HY, investing in performing loans, etc. and NOT a distressed strategy. It is also LO... I'm sure it can be a decent seat coming from a LO, but CP quoted lowball comp. Very lowball.
Anyone have any views on the PE team there?
Asperiores sapiente occaecati sequi itaque esse quidem laborum. Eum unde velit assumenda illo quia est ipsam. Voluptas temporibus vel eaque.
Rerum odio odio enim sed repudiandae assumenda. Corporis quia voluptas in vel rerum libero accusantium. Nulla eos cum qui dolore dicta quo laudantium. Doloribus magnam laudantium aut.
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...