Rice Park Capital Management LP, a Minneapolis, MN-based private investment firm, announced that its strategic equity investing team has closed RPC Ventures Fund II LP.
RPC Ventures provides capital to early-stage and mid-stage real estate and mortgage technology businesses that the team believes have the potential to transform and reshape their marketplace, have a path to profitability and have the potential for a strategic exit.
Led by CEO Nicholas Smith, Rice Park is a private investment firm managing capital of institutional investors, family offices and high net worth individuals. Its investment focus is to deliver cycle-resistant returns by improving value in complex opportunities in the residential and commercial mortgage and real estate sectors.
Last year, the firm launched an Advisory Board comprised of individuals involved in businesses that are complementary to the types of sectors in which Rice Park invests in to help with market insight and support.
FinSMEs
05/09/2024