Noble Capital

The firm's website identifies Jadon Newman and Grady Collins as its leadership, though their specific functional titles—such as CIO, CEO, or managing principal—are not disclosed. The investment strategy centers on residential real estate lending in Texas via the PL Direct I fund. Absent a publicly detailed investment committee, decision-making authority appears to rest with these named leaders.

PL Direct I is a $100 million evergreen offering that originates senior-secured loans on residential investment real estate in Texas. It is structured as an open-ended vehicle with no leverage and a minimum investment of $100,000. The fund targets 7–9% annual returns over 6- to 24-month loan terms, distributing income monthly as 1099 ordinary income to investors.

The PL Direct I fund is the only publicly detailed vehicle, and it makes direct senior-secured loans rather than committing to third-party funds. While the firm references equity partnerships and investments in companies tied to financial services, construction, and real estate services, the specific structure of those other activities—fund-of-funds, SPVs, or co-investments—is not publicly articulated.

Within its disclosed PL Direct I strategy, Noble Capital explicitly states it uses no leverage: all loans are senior 1st liens. The firm does not discuss leverage practices for any other investment strategies it may operate.

Noble Capital's disclosed investment activities concentrate exclusively on Texas residential real estate. The PL Direct I fund is dedicated to Texas-based senior-secured loans, and the firm's marketing emphasizes Texas-specific expertise and market knowledge. No activity in other states or countries has been publicly reported.