OWL FUND STRUCTURE

  • OAC GP (Investment Committee)
  • OWL FUND LP
  • RICE INVESTMENTS (4 - 6)
Ideal OWL Fund Investment

Rice alumni are regularly acquiring existing businesses where they can use their talents to create transformative growth and value. OWL Fund seeks to support aspiring Rice entrepreneurs and provide capital to the best of these opportunities.

A Sample Target Investment
  • Industry: healthcare, business services, consumer/retail, technology, industrials/manufacturing, education, and financial services
  • Business Profile: Established, valued enterprise with strong customer base
  • Seller Profile: Baby boomer that is looking to retire
  • Buyer Profile: Rice Alumni known and trusted by the network
  • EBITDA: $1-5 Million / year
  • Exit: 5 years
  • Terms: Preferred rate (8-15%) with waterfall structure targeting 20%+ annual net returns
FUND SUMMARY
  • Owl Fund I closed June 2025!  $1.3 Million raised from 42 investors
  • Expected Investment Period: 1 year (2025)
  • Expected Hold Period: 5 years
  • Target Investment IRR: 20%+
INVESTOR TERMS
  • Minimum Alumni Investor Contribution: $25,000 Capital called twice at $12,500 ea. First call – Q1 2025
  • Preferred Return: 10%
MINIMAL FUND OVERHEAD TO MAXIMIZE ALUMNI RETURNS
  • 100% LP Investor / 0% GP up to the 10% preferred return
  • 85% LP Investor / 15% GP thereafter