
10%
Target IRR
CLASS A
Preferred, with catch-up for quarters paid short
13-15%
Target IRR
CLASS B
80% profit share
Details
Name
Hornet Capital Fund, LLC (parent fund)
Manager
Hornet Management, LLC
Investor Qualification
Accredited Investors only (Am I accredited?)
Inception Date
December 2017
Cumulative Management Experience
-
Lending: 39 years
-
Real estate: 53 years
Type
A Private Real Estate Investment Fund
Primary Revenue
Asset-based “hard money” lending (primarily central Texas)
Evergreen Fund?
Yes
Minimum Investment
-
Class A = No minimum
-
Class B = $1,000,000
Lockup Period
None
Target IRR
-
Class A – 10% (preferred, with catch-up for quarters paid short)
-
Class B – 13-15% (80% profit share)
Actuals in the graphs below
Fees
2% Asset Management Fee
(taken out before returns are calculated)
Distribution Frequency
Quarterly
Audited Financials?
Yes
IRA & 401k?
Yes
UBIT/UDFI?
Yes (contact us for an investment option similar to Class A that does not produce UBIT/UDFI)
Tax Form
K-1 (QBI Deduction Allowed)
Technology
Proprietary investor portal with real-time data and investment automation
Subsidiaries
-
Hornet Real Estate Fund
-
Hornet Equity Partnerships Fund
-
Hornet Debt Fund
-
Hornet Broker Fund
-
Hornet Technology Fund
-
Hornet Servicing Fund
Investor Relation Contact
Real-time Data
Below are real-time graphs based on data taken from our proprietary Hornet Investor Portal.
Hornet Capital is based upon a foundation of transparency. Upon execution of an NDA, potential investors may gain access to a more in-depth Investor Dashboard that breaks down the data below in more detail, as well as provide other insights and financials about many aspects of Hornet’s operations.