AdFi
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RUSH Island Management, LP

SEC Registered

Extracting value in publicly traded real estate securities

New York, NYhttps://rushisland.com(212) 468-0163
Assets Under Management
$1B–$5B
Year Founded
2018
Employees
7
Office Locations
1 office
Total Accounts
5

About the firm

Rush Island is an asset manager investing in publicly traded real estate and related securities. The firm was founded in 2018 by Steve Millham and Raleigh Nuckols, and was formerly known as Northwood Liquid Management. Mr. Millham and Mr. Nuckols worked together at Farallon Capital Management, where Mr. Millham was a partner for 16 years.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

Pooled Vehicles

Areas of expertise

Publicly Traded Real EstateReal Estate SecuritiesAsset ManagementConcentrated Portfolio ConstructionPublic MarketsOpportunistic Investing

Services

Rush Island seeks to extract excess returns via a concentrated approach to portfolio construction, investing in publicly traded real estate and related securities, leveraging private equity relationships to identify, underwrite, and monitor public investments.

Private funds / alternatives
Hedge

Who they serve

Client segmentClientsAssets managed
Pension/Profit Sharing Plans4$1.6B

Leadership

Nw Partners Lp
LIMITED PARTNER
Milnuck Management Lp
LIMITED PARTNER
Riverside Investment Holdings Llc
PARTNER
Raleigh W Nuckols
LIMITED PARTNER
Stephen Lewis Millham
LIMITED PARTNER
Northwood Liquid Management Gp Llc
GENERAL PARTNER
Nw Partners Lp
MANAGING MEMBER
Millnuck Management Gp Llc
MEMBER
Stephen Lewis Millham
MANAGING MEMBER
Raleigh W Nuckols
MANAGING MEMBER
John Zavertnik Kukral
MANAGING MEMBER
Millnuck Management Gp Llc
GENERAL PARTNER
John Zavertnik Kukral
MANAGING MEMBER
Stephen Lewis Millham
CHIEF COMPLIANCE OFFICER, CHIEF INVESTMENT OFFICER
Llc Northwood Gp Holdings
GENERAL PARTNER

Office locations

1 office in 1 state
NY
New YorkHQ

Regulatory & compliance

CRD number
#291275
SEC Number
801-112443
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Performance-based
Minimum: $2,000,000 (waivable)

Data as of March 27, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. RUSH Island Management, LP has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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