Fire Recovery &
Family Housing
Fund
A $150 million private equity real estate vehicle targeting post-wildfire recovery and housing revitalization across California, with primary focus on Los Angeles County.
January 2025 Wildfires
Loss, LA Wildfires
Deficit, LA County
by GP Team
Offering Structure & Compliance
This Fund operates as a Regulation D 506(c) private offering. The Fund's activities involve significant real estate and construction risks specific to California fire recovery zones. Prospective investors should thoroughly understand both the opportunity and risks outlined in this site and the complete PPM before committing capital.
A Generational Housing Supply Dislocation
The January 2025 Los Angeles wildfires compounded an already severe structural housing deficit, creating one of the most acute real estate opportunity sets in California history.
Los Angeles County entered 2025 with a shortage of over 500,000 housing units. The fires destroyed more than 16,240 homes in weeks, removing significant supply from an already constrained market while displacing tens of thousands of families into surrounding communities.
- Executive order framework permits ADU installation prior to primary home rebuild, dramatically accelerating capital deployment timelines
- Insurance and permitting bottlenecks create a clear opening for a single-platform recovery solution combining remediation, modular ADUs, and financing
- Relocation demand surge across the South Bay and greater LA basin driving rental premiums and strong absorption
- Distressed asset pipeline in adjacent communities — REOs, short sales, and off-market — significantly expanded by the disaster
- LIHTC integration on qualifying affordable units provides incremental tax credit returns and community impact alignment
Offering Terms
The Fund is structured as a Wyoming LLC with PacifiCap Funds LLC serving as General Partner. Units are offered under Regulation D, Rule 506(c), to accredited investors only.
| Fund Size | $150,000,000 |
| Target Net IRR | 25 – 30% |
| Target MOIC | ~3.2× |
| Preferred Return | 12%* Per Annum, Cumulative |
| GP Carried Interest | 20% above Preferred Return |
| Management Fee | 2.0% on Committed Capital |
| Fund Term | 7 Years + Two 1-Year Extensions |
| Distributions | Quarterly |
| Minimum — Class A | $15,000,000 |
| Minimum — Class B | $5,000,000 |
| Minimum — Class C | $250,000 |
| Offering Type | Reg D, Rule 506(c) |
| Fund Entity | Wyoming LLC |
* Preferred returns vary by share class (10–12% p.a.). All share class terms subject to PPM. Preferred returns are cumulative and non-compounding unless otherwise specified.
Two-Track Deployment Framework
Capital is deployed across two complementary verticals designed to capture the full spectrum of the post-fire recovery and housing demand cycle in Los Angeles County and surrounding communities.
- Focused on fire-damaged parcels in Los Angeles County
- Modular ADUs sourced via Atlas, Samara, and US Modular
- ADU installation authorized prior to primary rebuild by executive order
- Ground-up development of resilient replacement housing
- Environmental soil remediation via BioTech Restorations
- REOs, short sales, and off-market single and multi-family
- Targeted acquisition in South Bay and greater LA basin
- Renovation for transitional or permanent housing use
- LIHTC tax credit integration on qualifying affordable units
- Established broker networks and sourcing relationships
Experienced Leadership
PacifiCap Funds and Pacific Capital Partners bring together senior capital markets professionals, real estate operators, and construction specialists with decades of institutional experience across multiple market cycles.
- Operating Partner, FVLCRUM ($302M first fund)
- CEO track record: 6× EBITDA growth, 30× Enterprise Value
- $1.4B+ in acquisitions and real estate
- Founding Partner, Eggland's Best
- JP Morgan · Stifel · Citibank
- BA, Tufts University; MBA, NYU Stern
- CFO with corporate and portfolio management experience
- Investment banking: acquisitions and IPOs
- Hundreds of millions in P&L and cash flow oversight
- 1,200 acres negotiated; 1,000+ lots; $60M+ projects
- Partnerships with Lennar and Opus South
- Civil Engineering, UF; MBA, NYU Stern
- Entrepreneur, investor, capital markets strategist
- Buy-side and sell-side M&A transaction track record
- Expert in Reg D 506(c), SPVs, and REITs
- Background in private equity, farmland, and roll-ups
- $2.5B+ dry powder deployment experience
- Fund structures ranging $100M – $500M
- Co-Founder and CEO, Pacific Capital Partners
- Senior Banker: Citigroup · Wells Fargo
- $1.2B – $2.0B annual investment banking production
- Experienced California real estate developer
- Real estate development and construction leadership
- Expertise in lot remediation and modular ADU deployment
- Ground-up and rehabilitation construction oversight
- Community impact projects across California
- Licensed California General Contractor, 25+ years
- Ground-up and rehabilitation construction expertise
- Permitting, inspections, and schedule management
- Residential and commercial, statewide
Best-in-Class Ecosystem
PacifiCap Funds operates alongside a curated network of sector leaders in wildfire recovery, environmental remediation, modular housing, and real estate advisory.
RESTORATIONS
COTTAGE HOMES
PARTNERS
Verified Performance
The GP team brings a verifiable history of real estate execution across multiple market cycles, with documented returns on invested capital across 34 completed projects.
Executed
Deployed
Profits
on Equity
Purpose-Driven Capital
Performance & Forward-Looking Statements
Projections and forward-looking statements herein are based on assumptions and estimates that may not materialize. Actual results could differ materially. Past performance of prior programs does not predict future results. All statements contain risks and uncertainties; see the PPM for full disclosure.
The Three P's
Material Risk Factors
Investment Risk Acknowledgment
This offering involves substantial investment risks. The Fund is only available to accredited investors who can afford to lose their entire investment. Performance in prior programs does not guarantee future results.
Available to accredited investors only. Includes the Private Placement Memorandum, Operating Agreement, and supplemental financial materials.