Rice Park Capital Management LP, a Minneapolis-based investment firm, is pleased to announce that Chris Bixby has joined the firm as Managing Director, Venture Capital Strategies ("Ventures").
MINNEAPOLIS, Dec. 1, 2022 /PRNewswire-PRWeb/ -- Rice Park Capital Management LP, a Minneapolis-based investment firm, is pleased to announce that Chris Bixby has joined the firm as Managing Director, Venture Capital Strategies ("Ventures"). We believe Bixby's unique entrepreneurial background, combined with previous experiences in middle-market private equity, fintech start-ups, and as an executive in sales and marketing roles, makes him well-suited for Rice Park's hands-on approach to venture capital.
Bixby will focus on leading investments in early- to mid-stage technology companies in the PropTech and Real Estate Technology ("RETech") sector. Ventures will be supported by Co-Chief Investment Officers Matt Kennedy and Craig Freel, who add to Rice Park's experience in the real estate sector.
"We believe Chris' strong business acumen, expertise, and likeminded approach to investing and partnering with investors, portfolio companies, and colleagues will further our growth trajectory," said Nicholas Smith, Managing Partner of Rice Park Capital Management. "Because of his skillset, we believe Chris offers high-level strategic insights. He digs deep into the day-to-day operations of a business to uncover potential opportunities for greater success."
Prior to joining Rice Park, Bixby was VP of Growth at Sezzle, a digital payments fintech, where he joined pre-IPO and focused on go-to-market roles in enterprise sales, strategic partnerships, and marketing. Before Sezzle, Bixby worked in brand management at General Mills and later founded Collaborate Brands where he advised early-stage businesses in strategy, growth, and fundraising. The Harvard MBA graduate and Bowdoin College undergraduate began his career on Wall Street at Jefferies in Mergers & Acquisitions and spent several years in middle-market private equity.
"I am super excited about the opportunity to join the team at Rice Park to continue to build out Ventures. Rice Park has a tremendous amount of experience in real estate, mortgage, and structured credit, and I believe that we have a unique opportunity to leverage those insights to be better early-stage investors," said Bixby. "I believe my previous experiences in private equity, at large corporations, and in high-growth startups will allow me to provide a hands-on approach to our investment process and portfolio."
Launched in 2019, Venture Fund I invested in six companies, including Blue Water Financial Technologies, Capacity, SiteKick, Unreal Estate, and Realized. Recently, Blue Water was acquired by Voxtur Technologies for approximately $101 million.
Bixby will join the Advisory Board of Capacity and Realized.
About Rice Park Capital Management
Rice Park Capital Management LP is a private investment firm managing funds and investment vehicles on behalf of institutional investors, family offices and high net worth individuals. Its investment focus is to deliver cycle-resistant returns to its limited partners by unlocking value in complex opportunities in the residential and commercial mortgage and real estate sectors. Learn more about Rice Park at http://www.riceparkcapital.com.
The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any securities or to participate in any investment strategy and may not be used or relied upon in connection with any offer or sale of securities. Past performance is not indicative of future results.
Rice Park is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered or is excluded or exempted from registration requirements.
Media Contact
Amy Hansen, Rice Park Capital Management, 1 4145205680, [email protected]
SOURCE Rice Park Capital Management
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