Nu Holdings

Rakesh Singh serves as Chief Investment Officer and is the central decision-maker across the firm's public and private portfolios. He previously managed structured credit and multi-asset strategies at CQS and traded complex credit instruments at Deutsche Bank. The firm does not operate a multi-PM pod structure, so all risk-taking flows through Singh.

The firm runs a concentrated, multi-strategy book centered on relative-value and volatility-focused trades rather than directional equity positions. Core strategies include convertible bond arbitrage, stressed- and distressed-credit situations, capital-structure arbitrage, and real-asset dislocation trades — particularly in UK and European commercial real estate and renewable-energy project finance — with integrated rates and FX overlays.

No. The London-based Nu Holdings is a separately incorporated investment firm with no connection to Nu Holdings Ltd., the publicly traded parent company of Nubank, the Brazilian fintech. The shared name is coincidental.

Nu Holdings primarily executes direct investments across its liquid and private strategies. The firm does not operate as a fund-of-funds, though its private-credit and real-asset activities occasionally involve bilateral structured transactions that resemble direct-lending deals rather than LP commitments to blind-pool funds.

The firm has not publicly formalized a co-investment program, but its real-asset activity — particularly the 2023 UK commercial-real-estate bridge-financing vehicle — points to a willingness to structure bilateral or club-style deals alongside other specialist capital providers rather than joining large syndicated LP commitments.

The firm does not publish a formal exclusion list, but its strategy — concentrated around credit, volatility, and real-asset dislocations — suggests limited appetite for early-stage venture capital, pure long-only equity, or passive index exposure. The focus remains on absolute-return outcomes through capital-structure complexity rather than sector bets.

Nu Holdings does not publicly disclose its capital sources. The firm was founded with Singh's personal track record as the anchor, and the partnership structure — without external branding or a visible fundraising apparatus — implies a mix of principal capital and a selective group of family-office or institutional limited partners.