Private credit’s time to shine with Nelson Chu
The Real Estate Mastermind Live is a live podcast turned radio show, created for real estate investors who want to learn directly from top experts in all different asset classes. The Real Estate Mastermind Live is hosted by Seth Gershberg and Jay Tenenbaum of Scottsdale Mortgage Investments, and Edward Brown of Pacific Private Money.
In this podcast episode, listeners are joined by Nelson Chu, the experienced serial entrepreneur and Founder/CEO of Percent, a modern credit marketplace. Nelson's journey began with his recognition of inefficiencies in private credit markets, sparking his mission to revolutionize the industry. Since founding Percent in 2018, Nelson and his team have crafted an end-to-end credit platform, enhancing confidence in transactions through governance, asset transparency, and market standardization. Nelson's impact extends beyond Percent, having been named a Rising Star by Private Debt Investor and boasting a background in strategy consulting and global financial institutions.
Here's what Nelson shares with us:
• Introduction: Nelson reflects on his journey and background.
• Origin of Percent: Nelson discusses the genesis of Percent and its mission.
• Understanding Private Credit: Exploring the concept and significance of private credit.
• Timing for Private Credit: Nelson elaborates on why now is the opportune moment for the asset class.
• Evolution of Percent's Technology: Insights into the technological advancements since launch.
• Future of Private Credit: Predictions on the economies of scale in the next five to ten years.
• Structured Fixed Income Products: Overview of the products private credit offers.
• Barriers in Capitalizing on Opportunities: Addressing challenges and barriers for private credit amid shifting market dynamics.
• Parting Thoughts on Private Credit: Nelson shares additional insights on the topic.
• Investing Wisdom: Nelson imparts words of wisdom for long-term investors.