Fund Overview:

Oak and Vine Capital is pleased to introduce our latest Fund, Oak and Vine Private Capital Fund, a 506c offering. This fund is an open-ended fund focused on providing credit to commercial real estate properties.

A dislocation in the capital markets has created a unique opportunity for non-bank lenders to provide capital through preferred equity, mezzanine debt & bridge loans.

This Fund will be focused on delivering current cash yield and upside through profit share while investing in preferred positions in the underlying investment.

KEY REASONS TO INVEST

• High Current Yield. Focus of the Fund will be on delivering a high current yield paid monthly, with additional profits shared quarterly, creative passive cash flow.

• Prefered Postion in Capital Stack. Fund investments will be in preferred positions in underlying assets with priority of payment before common equity holders, and generally with takeover rights for events of default.

• Open-ended Structure. The Fund will accept capital contributions quarterly at the Net Asset Value. Investors will receive quarterly statements of account and will have optional liquidity after a 2-year lockup period.

• Strong Sponsor Team. Oak and Vine is partnerign again with Aspen Funds who has an 11+ year track operating open-ended credit funds. We will leverage our deep experience in this space and internal staff.

• Alignment & Co-investment. Aspen Funds management team is co-investing personal capital in this Fund. Further, our incentive structure prioritizes a preferred return to our limited partners.

• Diversified Portfolio. Fund will make investments into multiple projects, markets & operators. As Fund grows, we expect the diversification to be further enhanced.

FUND OVERVIEW-

Regular Distributions

• Preferred return distributions are paid monthly, as available after 3 months

• Profit share paid quarterly, as available after 3 months

• Option to automatically reinvest, compound quarterly

  Strategy & Tranches

  • The open-end fund, with quarterly NAV calculations, capital funded in tranches based on availability

  • The fund will invest in preferred equity or mezzanine loans in commercial real estate

• The focus of Fund will be generating current cash, plus profits at a preferred position in the capital stack

Investor Protection

• Non-dilutive: New cash is deployed into producing assets

• High-water mark: unit price must exceed highest 12-month price before manager profit-share is paid

Returns & Reporting

• Preferred return distributions are paid monthly & profit shares are paid quarterly, as available

• Account statements & fund reporting are produced quarterly

Liquidity

• Investors may request full or partial redemption quarterly after a 2-year lock-up period on 120 days’ notice (best efforts, may take up to 6 months for full payout)

Fund Structure

• Minimum investment: $100,000

• AUM Fee: varies by share class

• Verified accredited investors only

• Annual CPA audit

• Low leverage

• IRA investment welcome

• Results are not guaranteed

HOW DO WE SOURCE OUT DEALS?

Placement Agents

• We utilize our established broker network to source pre-vetted deals

• Brokers are selective on types of deals they represent for financing

• Difficult to place investments below $5MM.

  Lenders

• We have forged relationships directly with lenders whose borrowers need capital infusions

• Lenders may want to keep the deal, but have tapped out their ability to fund capital need

  Sponsor Network

• Because of our position in the market, we generate deal flow from the existing sponsor network

• We have been able to negotiate preferred terms through our Fund which brings committed capital for their deal

Timeline:

• General Public Announcement: May

• Closing on Portfolio First Asset: End Q2

• 2nd Traunch opens Thursday, Sept 5th, closes Friday Sept 13th

• This is an open-ended fund and will have multiple opportunities to invest

Next Steps:

1. Watch the Oak and Vine + Ben Fraser webinar recording

2. Soft Commit

3. Schedule a call with Nick

Additional Resources:

Videos:

• Fund Webinar: Oak and Vine Private Credit Fund (Nick Stromwall and Ben Fraser) (Must Watch)