Asset ManagerRIA · CRD 159614SEC-Registered

Updated:

PRICAP Advisors

PRICAP ADVISORS LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2012. The firm manages approximately $42 million in regulatory...

PRICAP Advisors

PRICAP ADVISORS LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2012. The firm manages approximately $42 million in regulatory assets. It has 2 employees and 2 investment advisers.

General information

Firm type

Asset Manager

Year founded

2011

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Patrick Rischer

Founder & Managing Partner

Sector focus

Private CreditSpecial SituationsReal Estate

Frequently asked questions

How does PRICAP source its deal flow?

PRICAP sources transactions through direct relationships with regional commercial real estate sponsors, developers, and mortgage brokers along the East Coast. Origination is relationship-driven rather than reliant on broadly syndicated bank deals or auction processes. This approach emphasizes repeat borrowers and off-market or limited-marketing transactions.

What geographic markets does PRICAP focus on?

The firm concentrates on the eastern United States, with known activity in the Mid-Atlantic and Southeast regions. Unlike national platforms that target gateway cities exclusively, PRICAP lends against properties in secondary and tertiary markets where sponsor relationships and local credit knowledge diverge from institutional lending benchmarks.

Does PRICAP participate in fund commitments or only direct loans?

PRICAP operates as a direct lender, originating loans on a deal-by-deal basis rather than managing commingled fund vehicles or participating as a limited partner in third-party real estate funds. No publicly registered 40-Act fund or reported closed-end vehicle structure alters this direct origination model.

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