ESXi / NVIDIA GPU Passthrough / Ubuntu Server 18.04 Server

Server Version#: Ubuntu 18.04.3 LTS (GNU/Linux 4.15.0-74-generic x86_64)
Player Version#: plexmediaserver_1.18.5.2260-056ab4be9_amd64

As the title suggests, I installed a GTX 1050 into my DELL R720
I’ve followed multiple guides on how to get hardware transcoding working, but it just doesn’t seem to want to.

The card is detected by the OS
lspci | grep VGA
00:0f.0 VGA compatible controller: VMware SVGA II Adapter
0b:00.0 VGA compatible controller: NVIDIA Corporation GP107 [GeForce GTX 1050] (rev a1)

But PLEX doesn’t seem to recognize it:
Jan 22, 2020 08:38:40.202 [0x7f7a50ff9700] DEBUG - Codecs: hardware transcoding: testing API nvenc
Jan 22, 2020 08:38:40.328 [0x7f7a50ff9700] DEBUG - Codecs: hardware transcoding: opening hw device failed - probably not supported by this system, error: Unknown error occurred

Jan 22, 2020 08:38:41.355 [0x7f7aa6ffd700] DEBUG - TPU: hardware transcoding: enabled, but no hardware decode accelerator found
Jan 22, 2020 08:38:41.356 [0x7f7aa6ffd700] DEBUG - TPU: hardware transcoding: zero-copy support not present
Jan 22, 2020 08:38:41.356 [0x7f7aa6ffd700] DEBUG - TPU: hardware transcoding: final decoder: , final encoder:

I’d like to stay away from using a docker if at all possible.

Any help would be appreciated.

Thanks