Hedge Fund - Nut Tree Capital

Nut Tree Capital Management, founded by Jed Nussbaum, is a New York-based fund manager specializing in stressed and distressed credit, particularly within mid-market and under-followed capital structures. The firm also oversees a series of private debt funds dedicated to the same focus on stressed and distressed credit in these sectors.

Jared Nussbaum is the Chief Investment Officer & Managing Partner at Nut Tree Capital. With over 16 years of experience in the investment industry, Mr. Nussbaum previously served as a Partner at Redwood Capital Management. Before founding Nut Tree Capital, he spent 12 years at Redwood, where he held the role of Partner from 2010 until his departure earlier this year. Known as one of the longest-tenured investment professionals at the $6.4 billion stressed and distressed credit hedge fund, he specialized in investing in the credit and equity of companies across various industries. Mr. Nussbaum also served as the Deputy Portfolio Manager of Redwood Opportunity Fund from 2013 until his departure. Earlier in his career, he held positions in the Mezzanine Debt Group at Whitney & Co. and in the High Yield Finance department at Chase Securities. Mr. Nussbaum earned an M.B.A. from Harvard Business School and graduated magna cum laude with a B.A. from Tufts University.

Nut Tree Capital Management is a hedge fund managing $4,143,687,000 in discretionary assets under management as reported in their Form ADV dated March 2024. Their Q1 2024 13F filing disclosed $361,470,952 in managed 13F securities, with a significant top 10 holdings concentration of 98.86%. The fund's largest position is in Caesars Entertainment Inc., with 2,200,000 shares held.