Cascade #26 - Nelson Chu: Modernising Private Credit for the $25 Trillion Future
Nelson Chu is founder and CEO of Percent—a capital markets platform bringing transparency, liquidity, and standardisation to private credit.
Nelson’s path started with a $1,000 “experiment fund” from his dad and early side hustles in design. After stints at Merrill Lynch and BlackRock, he left corporate life behind, built a consulting firm that helped raise over $1B, and used that momentum to launch Percent.
What began as a short-duration credit platform with $500 minimums has evolved into the infrastructure behind over $1.5B in transactions—now positioning itself to power the future of a $25T market.
We talked about Nelson’s journey from design to finance, how art influences his thinking, and what it takes to earn trust in a space that’s opaque by design. We also dug into Percent’s tech, regulatory approach, and long-term plan to bring public-market efficiency to private credit.
Learn more about Nelson and his company below: