Form D · Hedge Fund

RPC MSR SP 1

Plymouth, MN · CIK 0002033544

Offering snapshot reported May 15, 2025 · SEC filing

Reported sold: $98.4M
Investors reported: 10
Minimum accepted: $0
First sale: Aug 2, 2024

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$66,000,000 → $98,415,405
Reported investors4 → 10

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
May 15, 2025	Amendment	$98,415,405	$32,415,405vs Aug 19, 2024	10	SEC filing
Aug 20, 2024	Amendment	$66,000,000	$0vs Aug 19, 2024	4	SEC filing
Aug 19, 2024	Initial	$66,000,000	No comparison	4	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 3C.7, 06b, 3C
Duration over one year: No
Business combination: No

Sales commissions: $698K
Finders' fees: $60K
Form D file number: 021-521909

The issuer's offering period has ended.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
CapInsights Partners, LLC	327448	Old City Securities LLC · CRD 171910
Old City Securities LLC	171910
Steven Nelson	5081074	Old City Securities LLC · CRD 171910
Eric Perry	4873073	Old City Securities LLC · CRD 171910
Robert Schwab	5480333	Old City Securities LLC · CRD 171910

Source: Form D, filed May 15, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

RPC MSR SP 1

Investment adviser: RICE PARK CAPITAL MANAGEMENT LP

Gross asset value: $238M
Beneficial owners: 10
ADV minimum commitment: $1M

Reported in Form ADV on Jun 25, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING, INC. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO CAYMAN LTD GRAND CAYMAN, Cayman Islands

Custodian BMO BANK, N.A. CHICAGO, Illinois, United States Related to adviser: No

Custodian DAIWA CAPITAL MARKETS AMERICA INC. NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian R.J. O'BRIEN SECURITIES, LLC CHICAGO, Illinois, United States Related to adviser: No

Custodian TCBI SECURITIES, INC. DALLAS, Texas, United States Related to adviser: No

Marketer CAPINSIGHTS PARTNERS, LLC GREENSBORO, North Carolina, United States Related to adviser: No

Prime broker BMO CAPITAL MARKETS CORP. NEW YORK, New York, United States

Prime broker DAIWA CAPITAL MARKETS AMERICA INC. NEW YORK, New York, United States

Prime broker MIZUHO SECURITIES USA LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Prime broker R.J. O'BRIEN SECURITIES, LLC CHICAGO, Illinois, United States

Prime broker TCBI SECURITIES, INC. DALLAS, Texas, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

BDO CAYMAN LTD
PCAOB 2162

DAIWA CAPITAL MARKETS AMERICA INC.
SEC 8-12242

MORGAN STANLEY & CO. LLC
SEC 8-15869

R.J. O'BRIEN SECURITIES, LLC
SEC 8-67587

TCBI SECURITIES, INC.
SEC 8-70682

CAPINSIGHTS PARTNERS, LLC
CRD 327448 · SEC 801-128581

BMO CAPITAL MARKETS CORP.
CRD 16686 · SEC 8-34344

DAIWA CAPITAL MARKETS AMERICA INC.
CRD 1576 · SEC 8-12242

MIZUHO SECURITIES USA LLC
CRD 19647 · SEC 8-37710

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

R.J. O'BRIEN SECURITIES, LLC
CRD 143624 · SEC 8-67587

TCBI SECURITIES, INC.
CRD 313304 · SEC 8-70682

Filing source

Form ADV 2115669 · Jun 25, 2026 · Schedule D 7.B.(1), fund 805-8909289774

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
RPC MSR SP 1 (this fund)	May 15, 2025	$98,415,405	10
RPC MSR SP 2	Jul 15, 2026	$95,500,000	6

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
N/A Rice Park Capital Management Lp	Director, Promoter
N/A Rpc Msr Gp Ii Llc	Executive
Nicholas Smith	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Rice Park Capital Management Lp 505 Hwy. 169 N., Suite 550
Plymouth, MN, 55441