We have launched our RCP GP Leveraged Debt Fund I as a 506(c) fund, which means we are allowed to publicly raise equity for it. We see an incredible opportunity in the private credit markets over the next several years, and we believe that this fund is positioned extremely well to provide short to medium-term loans for over-collateralized real estate assets. We are so optimistic toward this fund that, between the 3 partners, we are personally investing $4MM.
This is not your typical lending fund. This fund lends out 80% of the fund to over-collateralized real estate projects, and 20% of the fund is used to invest in the GP (General Partnership) of these projects. This allows us to make typical 10-12% returns on the loan and 25-30% returns on the GP side, averaging our investors around 16-18%.
If you are interested in learning more, you can schedule a call here or find the full deck in our investor portal if you select “Login” in the menu.