About Us

Who We Are

Rice Park Capital Management is a private investment firm focused on mortgage servicing rights and residential mortgage credit. Founded in 2019, with offices in Minneapolis and Charlotte, the firm has built a scaled, integrated platform designed to invest across the mortgage lifecycle.

Our team brings deep experience from leading financial institutions, with expertise spanning mortgage origination, servicing, credit investing, and capital markets.

What We Do

We invest in mortgage servicing rights and mortgage credit through an integrated approach that combines sourcing, servicing oversight, and portfolio management. Our strategy is focused on identifying opportunities where structure, execution, and access to data drive differentiated outcomes.

We partner with originators, servicers, and operators to provide capital solutions that support their businesses while creating long-term value for our investors.

Our Approach

Our approach is grounded in specialization, integration, and alignment.

Specialization: We focus on sectors where complexity and operational intensity create barriers to entry and opportunities for differentiated returns.

Integration: Our platform connects sourcing, servicing, and capital markets, enabling us to identify relative value and actively manage performance.

Alignment: We structure investments and partnerships to align incentives across counterparties, investors, and operating partners.

We believe that consistent performance in mortgage investing is driven by execution, not just market direction.

Our Mission

Our mission is to build a leading platform for investing in mortgage servicing rights and mortgage credit. We aim to generate attractive, risk-adjusted returns by solving complex problems, operating with discipline, and maintaining long-term, trust-based relationships with our partners.

Residential Mortgage Servicing Rights (MSR)

We invest in MSR through an integrated platform that combines sourcing, servicing oversight, and portfolio management. 

Residential Mortgage Credit

We approach mortgage credit investing through a disciplined framework grounded in production, performance, and alignment. 

$1.3B+

RPC Regulatory Assets Under Management1

$82.1B+

MSR Portfolio Unpaid Principal Balance (UPB)2

$3.2B+

Business Purpose Loan Origination Volume Since 20223

1) Assets under management includes undrawn committed capital. Assets under management as of December 31, 2025, as reported to the U.S. Securities and Exchange Commission (“SEC”) in the Uniform Application for Investment Advisor Registration (a.k.a., “Form ADV”).
2) Represents the unpaid principal balance of mortgage loans associated with Rice Park Capital’s mortgage servicing rights portfolios as of June 30, 2026. Portfolio composition and balances may change over time.
3) Represents the aggregate origination volume of business purpose loans from January 1, 2022, through June 30, 2026, including financing for real estate investors acquiring, improving, constructing, and operating residential investment properties.

Our Team

Partners

Nick Smith

Nick Smith

Founder | Managing Partner | Chief Executive Officer

Nick Smith

Craig Freel, CFA

Partner | President | Co-Chief Investment Officer

Nick Smith

Nick Boardman

Partner | EVP, Finance & Administration

Nick Smith

Bryce Bradley

Partner | President of Originations

Nick Smith

Matt Kennedy

Partner | Co-Chief Investment Officer

Nick Smith

Shawn Kelly

Partner | Chief Operations Officer | Chief Financial Officer

Nick Smith

Craig Opp

Partner | General Counsel | Chief Compliance Officer

Investment Team

Nick Smith

Nick Smith

Founder | Managing Partner | Chief Executive Officer

Nick Smith

Craig Freel, CFA

Partner | President | Co-Chief Investment Officer

Nick Smith

Matt Kennedy

Partner | Co-Chief Investment Officer

Nick Smith

Emily Potrykus

Vice President | MSR Analytics

Alex Zlotnikov

Alex Zlotnikov

Vice President of Portfolio Management

Finance Team

Nick Smith

Shawn Kelly

Partner | Chief Operations Officer | Chief Financial Officer

Nick Smith

Nick Boardman

Partner | EVP, Finance & Administration

Nick Smith

Jimmy Bohmbach

Accountant

Nick Smith

Jennifer DeCoteau

Senior Accountant

Audrey Peter

Audrey Peter

Senior Accountant

Jodi Sie

Jodi Sie

Fund Controller

Corporate and Operations

Shawn Kelly

Shawn Kelly

Partner | Chief Operations Officer | Chief Financial Officer

Nick Smith

Craig Opp

Partner | General Counsel | Chief Compliance Officer

Travis Brown

Travis Brown

Associate of Systems, Reporting, and Analysis

Nick Smith

Ken Casteel

Senior Compliance Counsel

Nick Smith

Ghillian Grantham

Vice President | Transaction Management & Transfers

Bryan Hill

Bryan Hill

Chief Administrative Officer

Nick Smith

Stephanie Huotari

Vice President | Systems, Reporting & Analysis

Nick Smith

Ashley Kelner

Vice President | Servicing Oversight & Document Management

Nick Smith

Jessica Pejka

Vice President | Administration

Nick Smith

Mitch Steffen

Vice President | Systems, Reporting & Analysis