RDMO Fund II – Term Sheet
Date: March 15, 2026
Prepared by: Jasmine Willois – Investor Relations
Regulation D Rule 506(c) Accredited Investor Fund. Participation is limited to verified accredited investors (generally $1M+ net worth excluding primary residence or $200K+ annual income).
Acquisition of non-performing loans and distressed real estate, including but not limited to Home Equity Conversion Mortgage (HECM) assets sourced directly through HUD HNVLS auctions and secondary market channels. The strategy focuses on acquiring discounted assets in bulk, applying disciplined asset management, and executing structured exit strategies to maximize recovery and trading velocity.
Per Unit: $250,000
Minimum Investment: $125,000
NAP Private Equity Minimum: $50,000
*Must be an active NAP Private Equity Club Member to qualify
Capital is deployed through programmatic acquisitions and direct participation in quarterly HUD HNVLS auctions, as well as secondary market purchases through established institutional trade channels. Deployment occurs on a rolling basis as inventory is secured.
| Fee Type | Description |
|---|---|
| Fundraising Fee | 1% of raise |
| Acquisition Fee | 1.5% of deployed capital |
| Annual Management Fee | 2% of gross AUM |
| Disposition Fee | 1% per asset |
| Operating / Remission Costs | Boarding fees, due diligence ($600 per asset), legal fees, property preservation |
Preferred Return: 9%
Profit Split: 70% LP / 30% GP
Fund Term: 5 Years
Early Exit: 2 years without penalty
All economic terms are further defined in the Private Placement Memorandum (PPM) and Operating Agreement.
- Quarterly investor reporting
- Asset-level transparency
- Verivest & Agora user interface
- Professional servicing oversight
- Books and records maintained per GAAP standards
- White papers
- Podcast
- Quarterly online meetings
PEMCO Capital Management oversees asset acquisition, servicing oversight, and disposition strategy, while NAP Private Equity Club leads investor relations and capital formation.
If you are interested in participating in RDMO Fund II, you can submit your investor interest below.
Submit Investor Interest