Rice Park Capital Management LP is a Minneapolis-based private investment firm founded by CEO and co-CIO Nick Smith in 2019. Rice Park’s investment focus is to deliver cycle-resistant returns to its limited partners by unlocking value in complex opportunities in the residential and commercial mortgage and real estate sectors. Our partners and employees have held senior investment, operational, legal, and regulatory roles at leading institutions in the real estate, mortgage, and financial services industries. We bring deep experience in whole loans, asset backed securities, mortgage servicing rights and operating companies and employ transparent and relationship-oriented strategies to craft customized capital solutions tailored to the market opportunity. We don’t do trades. We build businesses through collaboration and a shared goal to build durable businesses that generate value for all stakeholders.

What we do

Rice Park currently manages capital through three complementary investment mandates.

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Residential and Commercial Credit Strategies

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

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Mortgage Servicing Rights Strategies

Direct investments in MSRs and excess MSRs through structures customized to meet the needs of our seller/operating partners.

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Venture Capital Strategies

Actively managed investments in early to mid-stage technology companies operating in the residential and commercial mortgage and real estate sectors.