A Differentiated Mortgage
and Real Estate Investment Firm
Rice Park Capital Management is a private investment firm that manages alternative investment funds across various strategies, all related to real estate services, finance, lending, and technology.
Our Approach
We seek to make investments in sectors and situations where we can apply our experience in residential and commercial real estate, mortgage, credit, and technology. We deploy transparent and relationship-oriented strategies to create customized capital solutions tailored to the market opportunity.
+$700M
RPC assets under management1
+$10B
Team has invested in mortgage, mortgage servicing, and structured finance
+30 Businesses
Team has invested in or acquired +30 businesses in real estate technology and services
9
RPC portfolio company investments
1) Assets under management includes undrawn committed capital. Assets under management as of December 31, 2022, as reported to the U.S. Securities and Exchange Commission (“SEC”) in the Uniform Application for Investment Advisor Registration (a.k.a., “Form ADV”).
Manage venture capital funds for active, early-stage investments in Proptech and mortgage and real estate technology businesses.
News & Insights
Rice Park Capital Management Launches Newly Formed Advisory Board for Strategic Equity Investing
Minneapolis, MN – December 7, 2023 – Rice Park Capital Management LP (”Rice Park”), a Minneapolis-based, private investment firm, announces it has recently formed an Advisory Board for its strategic equity investing strategy (“RPC Ventures”) […]
Nexus Nova LLC Receives Fannie Mae Master Servicing Approval
"Fannie Mae master servicing approval is yet another major milestone in the evolution and maturation of our Mortgage Servicing Rights ("MSR") business," said Shawn Kelly, Partner of Rice Park Capital Management. "We believe this approval […]
AI-Enabled SMS Integration: Capacity and Textel Join Forces to Transform Customer Support
Capacity, a Rice Park Capital portfolio company and AI-powered support automation platform, has recently acquired Textel, a leading cloud-based texting platform. This strategic collaboration aims to enhance customer experience by integrating AI-driven SMS business...
Rice Park Capital Makes Investment in Purlin, an AI-Led Real Estate Technology Platform
MINNEAPOLIS, June 8, 2023 /PRNewswire/ -- Rice Park Capital Management LP ("Rice Park"), a Minneapolis-based, private investment firm, announces its venture capital strategy ("RPC Ventures") has made an investment into Purlin, a technology company that […]
Chris Bixby’s Q&A with Mortgage Orb: Mortgage Tech Firms Challenged to Navigate Current Economic Headwinds
In a recently published Q&A with MortgageOrb.com by Michael Bates, our very own Chris Bixby shares insights on the mortgage technology landscape from an investor's perspective. As a leader in Rice Park Capital Management, Chris […]
Insights from Chris Bixby’s recent article “Making Strides”, featured in Mortgage Point Magazine
It’s no secret—we’ve all seen the headlines and experienced the fallout from the difficult rate environment, declining real estate valuations, and depressed mortgage originations.
Insights from Nicholas Smith, Founder & CEO of Rice Park Capital Management, on the MSR Market
Wells Fargo has finalized the sale of a $50 billion block of mortgage-servicing rights (MSR), a deal that is expected to close later this year, according to bank officials.
Smaller nonbanks facing “come to Jesus moment” as MSR values dip
Nick Smith, the founder, managing partner and CEO of Minneapolis-based Rice Park Capital Management, sees the FHFA advisory bulletin as a positive development. “People generally don’t like regulation and don’t like being held to certain […]
Nicholas Smith, CEO of Rice Park Capital joins Voxtur’s Board of Directors
Mr. Smith is the founder and Chief Executive Officer of Rice Park Capital, a private investment firm which invests broadly in the residential and commercial real estate finance, equity, and services sectors.