Name |
Hornet Debt Fund, LLC (un-levered debt fund) |
Manager |
Hornet Management, LLC |
Investor Qualification |
Accredited Investors only (Am I accredited?) |
Inception Date |
July 2023 |
Cumulative Management Experience |
|
Type |
A Private Real Estate Investment Fund |
Primary Revenue |
Asset-based “hard money” lending (primarily central Texas) |
Evergreen Fund? |
Yes |
Minimum Investment |
None |
Lockup Period |
None |
Target IRR |
9.6% (compounded monthly = 10%) |
Fees |
2% Asset Management Fee (taken out before returns are calculated) |
Distribution Frequency |
Monthly |
Audited Financials? |
Yes |
IRA & 401k? |
Yes |
UBIT/UDFI? |
No |
Tax Form |
K-1 (QBI Deduction Allowed) |
Technology |
Proprietary investor portal with real-time data and investment automation |
Investor Relation Contact |
Brian Whitten |
Realtime Summaries
Our dashboard leads the industry and constantly updates data from multiple REAL-TIME sources to provide reliable information, although we cannot guarantee its accuracy.
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.
