Rice
Institutional investorPlymouth · Seed–Series B · 21 people tracked
Also known as Rice Park Capital Management Lp
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Investment thesis
Rice Park Capital pursues investments in sectors and situations where it can leverage experience across residential and commercial real estate, mortgage, credit, and technology. The firm applies transparent, relationship-oriented strategies to build capital solutions tailored to specific market opportunities. Its core areas include residential mortgage servicing rights (MSR), invested through an integrated platform combining sourcing, servicing oversight, and portfolio management, as well as residential mortgage credit approached via a disciplined framework centered on production, performance, and alignment. The firm also finances business purpose loans for real estate investors acquiring, improving, constructing, and operating residential investment properties.
Source: firm website, verified Sep 29, 2026.
Team · 21 people
from the firm's website & public directoriesWhat they invest in
from 1 of 3 portfolio companiesCircular Economy ×1Cleantech ×1Energy ×1
HQs:United States×2
Investments · 3 tracked
founders shown can be your intro pathBy year:2024 · 12023 · 12019 · 13 dated
The Villages, US
Thomas Showalter(Executive Officer, Director)inMark Hinshaw(Director)
BoardPatrick Meenan(Director)in
Co-investorsArthur VenturesAssurant Ventures
EnerPure recycles used motor oil (UMO) using small modular recycling plants and a patented process, converting the waste product into a marine fuel product sold to shipping companies.
Circular EconomyCleantechEnergyWinnipeg
Robert Peterson(Director)Norman Barnabe(Director)Todd Habicht(Executive Chairman & Founder)Douglas Kroeker(Executive Officer)Tammy Habicht(Director)Albert Krahn(Director)
Co-investorsRed River Métis Business Development CorporationCanada Growth FundRice Investment Group
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Portfolio news
latest coverage across their companiesEnerPure · calgary.tech · Sep 8, 2026
Fund performance · per public LP disclosures
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Rice Partners II, L.P.LPs: Washington State Investment Board | 1994 | — | -3.4% | 0.90x | 0.88x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Rice invest at?
- Rice invests at the Seed, Series A, Series B stages.
- What sectors does Rice focus on?
- Rice focuses on AI & Machine Learning, Fintech, PropTech, SaaS.
- Where is Rice located?
- Rice is headquartered in Plymouth, US.
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