About Us

What We Do

Founded in 2019 by CEO Nick Smith, Rice Park Capital Management LP is a Minneapolis-based private investment firm. Our team is an ensemble of professionals with experience in the real estate, mortgage, and financial services industries.

We strive to deliver cycle-resistant returns by unlocking value in the residential and commercial mortgage and real estate sectors. Rather than just making trades, we focus on building sustainable businesses, leveraging our expertise across various financial sectors.

Our Approach

Our approach is driven by transparency and the cultivation of lasting relationships. We provide tailored capital solutions, aiming to build enduring businesses that benefit all stakeholders.

Our Mission

Our mission is to be a leading manager of operationally intensive mortgage and real estate investment strategies through building a team and culture that is excited about tackling complicated business problems and achieving win-win situations with our counterparties through transparency and standing by our word.

Real Estate Icon

Direct investments in Agency Residential Mortgage Servicing Rights (“MSR”) through structures customized to meet the needs of our investor base and operating partners.

venture capital icon

Strategic Equity Investing

Manage venture capital funds for active, early-stage investments in Proptech and mortgage and real estate technology businesses.

Real Estate rights icon

Actively managed investments in operating companies and portfolios of real estate backed non-agency loan products.

+$900M

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

10

RPC portfolio company investments

1) Assets under management includes undrawn committed capital. Assets under management as of December 31, 2023, as reported to the U.S. Securities and Exchange Commission (“SEC”) in the Uniform Application for Investment Advisor Registration (a.k.a., “Form ADV”).

Our Team

Nick Smith

Nick Smith

Founder | Managing Partner | Chief Executive Officer

Nick Smith

Craig Freel, CFA

Partner | Co-Chief Investment Officer | President

Nick Smith

Matt Kennedy

Partner | Co-Chief Investment Officer

Nick Smith

Shawn Kelly

Partner | Chief Operations Officer

Nick Smith

Craig Opp

Partner | General Counsel | Chief Compliance Officer

Nick Smith

Chris Bixby

Managing Director | Strategic Equity Investing

Nick Smith

Patrice Blaeser

Senior Corporate Governance and Compliance Specialist, Project Manager and Assistant Secretary

Nick Smith

Jimmy Bohmbach

Accountant

Travis Brown

Travis Brown

Associate of Systems, Reporting, and Analysis

Nick Smith

Ken Casteel

Senior Compliance Counsel

Nick Smith

Gail Callueng

Vice President | Servicing Oversight

Nick Smith

Ghillian Grantham

Vice President | Transaction Management & Transfers

Nick Smith

Stephanie Huotari

Vice President | Systems, Reporting & Analysis

Nick Smith

Ashley Kelner

Vice President | Servicing Oversight & Document Management

Nick Smith

Karissa Olson

Executive Assistant to the CEO

Audrey Peter

Audrey Peter

Senior Accountant

Nick Smith

Emily Potrykus

Vice President | MSR Analytics

Jodi Sie

Jodi Sie

Fund Controller

Nick Smith

Mitch Steffen

Vice President | Systems, Reporting & Analysis

Advisors

Kenon Chen

Kenon Chen

RPC Ventures Advisor

EVP, Strategy & Growth | Clear Capital

Nick Smith

Mark Filler

RPC Operating Company Advisor

Jodi Hall

Jodi Hall

RPC Ventures Advisor

Former COO | Nationwide Mortgage Bankers & CrossCountry Mortgage

Kamini Lane

Kamini Lane

RPC Ventures Advisor

President & CEO | Coldwell Banker

Ben Madick

Ben Madick

RPC Ventures Advisor

CEO | Matic

Kevin Peranio

Kevin Peranio

RPC Ventures Advisor

Chief Lending Officer/Partner | PRMG

Ajit Prabhu

Ajit M. Prabhu

RPC Ventures Advisor

Partner | Deloitte (Retired)

Danielle Wilkie

Danielle Wilkie

RPC Ventures Advisor

Former President | Compass