A Tokenised Luxembourg Fund

A Tokenised Luxembourg Real Estate Income Fund (The Luxembourg SCSp-RAIF) Combining Secured Development Debt, Equity Participation and Annual Dividend Distributions. Powered by Proprietary Deal Sourcing and Asset-Light Delivery.

A New Model for UK Residential Investment

Rise Capital AM Hybrid Fund SCSp is a Luxembourg-based closed-ended investment fund targeting £100 million of committed capital for UK residential development opportunities. Rise combines off-market origination, institutional fund governance and specialist project delivery within a single scalable investment platform. Rather than operating as a traditional property fund, Rise is designed to originate opportunities internally and deliver them through specialist third-party teams — targeting annual income, development profits and long-term capital growth across a diversified residential portfolio.

Fund Infrastructure and Professional Partners

Legal Counsel / Fund Structuring

External AIFM & Fund Administration Infrastucture

Banking & Depositary

Tokenisation & Digital LP Infrastructure

Tax Adviser

Independent Auditor

Key Statistics

Target Fund Size

£100 Million

Jurisdiction

Luxembourg

Structure

SCSp

Strategy

Developments Up To 20 Homes

Target First Close

£10-15 million

LP Interests

Tokenised

Distribution Policy

Annual Dividends

Rise Capital is a scalable residential investment platform wrapped within an institutional Luxembourg fund
structure, designed to combine proprietary deal origination, annual income distributions and long-term capital growth.

Why Invest?

Traditional Property Funds often force investors to choose between: Lower-yield secured lending or High-risk development equity

The Rise Capital AM Hybrid Fund SCSp (The Luxembourg SCSp-RAIF) combines both. The fund provides secured development debt whilst also participating in property equity, creating multiple sources of return from every investment.

Key Statistics

Recurring Income

Development Profit Participation

Annual dividend distributions

Potential secondary liquidity through tokenised LP interests

Why The Rise Capital AM Hybrid Fund SCSp is Different

Most property funds rely on developers to bring them opportunities and compete for widely marketed transactions. Rise Capital takes a different approach, originating opportunities internally and focusing on proprietary, off-market sourcing. While traditional property funds often scale through headcount growth, Rise Capital scales through capital deployment. And rather than providing either debt or equity, Rise Capital combines both, creating a more flexible and integrated approach to property investment.

Why Rise should outperform

Most real estate funds rely on third-party developers to source opportunities, manage projects and generate returns.

Rise Capital has built a vertically integrated residential investment platform that sources opportunities internally, controls project origination, and focuses on underserved small-site developments. Projects are delivered through specialist third-party teams while maintaining institutional standards of governance and oversight. This structure enables the platform to scale capital deployment efficiently without requiring a proportional increase in operational overhead.

The Rise Advantage

Direct Deal Sourcing

Rise Capital sources property opportunities through direct-to-vendor campaigns, landowner engagement and the identification of planning and distressed opportunities. Agent relationships and developer referrals provide further access to potential investments. This approach helps Rise identify opportunities before they reach the wider market and negotiate attractive acquisition terms.

Small-Site Strategy

Rise Capital deliberately focuses on residential developments of up to 20 homes. This segment is often overlooked by national housebuilders and institutional developers who typically target much larger schemes.

Reduced competition for acquisitions

Attractive off-market purchase opportunities

Faster planning and delivery cycles

Greater diversification across multiple projects

Access to a broad pool of experienced regional contractors

Reduced reliance on Tier 1 construction firms

This creates a repeatable deployment model capable of scaling across multiple projects simultaneously.

Large National Developer

100+ Units 

PLC Competition

Tier 1 Contractors

Longer Delivery

Higher Concentration

Rise Capital

Up to 20 units

Limited Competition

Broad Contractor Pool

Faster Delivery

Greater DIversification

Rise Capital focuses on smaller residential developments where competition is lower, delivery is more flexible and capital can be diversified across a greater number of projects. Rise Capital focuses on smaller residential developments where competition is lower, delivery is more flexible and capital can be diversified across a greater number of projects.

A Structurally Different Development Model

Asset-Light Delivery

Rise Capital operates an asset-light delivery model, with projects delivered through specialist third-party teams including main contractors, project managers, architects, structural engineers, quantity surveyors and independent monitoring surveyors. This approach provides access to a broad pool of expertise while maintaining flexibility across projects. By focusing on developments of up to 20 units, Rise Capital benefits from limited competition, a broader contractor pool, faster delivery cycles and greater diversification. As a result, scale is achieved through capital deployment rather than proportional growth in staffing and operational overhead.

Why We Don't Build Houses

Rise Capital is an investment platform, not a construction company. Projects are delivered by specialist third-party teams appointed on a project-by-project basis, providing access to best-in-class expertise while maintaining greater flexibility and reducing fixed overheads and operational risk. This asset-light approach enables Rise Capital to scale capital deployment without requiring significant headcount growth, creating a key distinction from traditional developer-led models.

Why LP Investors Choose Rise

Access

Proprietary off-market

Income

Annual dividend distributions

Growth

Participation in development profits

Protection

Multiple layers of governance and security

Liquidity

Tokenised LP interests

Why Rise Capital Exists

Traditional property funds rely on third-party developers to create investment opportunities. Rise Capital was established to create a vertically integrated residential investment platform capable of sourcing, structuring, funding and overseeing projects internally while outsourcing physical delivery to specialist third-party teams. The result is a model designed to combine institutional governance with scalable capital deployment.

Institutional Infrastructure

Built alongside leading international service providers.

Apex Group

Independent fund administration, investor reporting, NAV calculation and operational oversight.

European Depositary Bank (EDB)

Institutional banking and cash management infrastructure.

L&L

Fund tax advisory and structuring support

Ecovis

Independent audit and annual financing reporting

Legal Node

Luxembourg legal counsel and fund structuring

Tokeny

Digital ownership infrastructure and LP tokenisation platform.

Independent Investment Committee

Investment underwriting, governance and risk oversight.

Rise Capital is structured around three independent return drivers: interest, development profits and annual dividends. Annual income is generated through interest earned on development debt provided to underlying projects, while the Fund also participates in development profits through project-level equity ownership. Returns generated from both development debt and development profits are distributed to LP investors through annual dividend payments, with a target return of 19% per annum, based on the base project already acquired.

How Investors Earn Returns

DIGITAL OWNERSHIP & SECONDARY TRANSFERS

Tokenised LP Interests

Rise Capital intends to tokenise LP interest through Tokeny’s digital infrastructure, providing investors with a digital representation of their ownership in the Fund

In addition to efficient digital ownership records and investor administration, tokenisation is intended to enable permitted secondary transfers of LP interests between eligible investors.

The Fund is closed-ended with a five-year term. Investors may seek an earlier exit by transferring their LP interest, subject to finding an eligible counterparty and meeting the Fund’s transfer provisions, investor eligibility requirements, KYC/AML procedures and any required approvals.

THE ROLE OF TOKENY

Tokeny’s infrastructure can support compliant secondary-market mechanisms and connectivity with compatible trading venues, providing a technological framework through which eligible investors may buy and sell tokenised interests.

Liquidity is not guaranteed.

No guaranteed buyer, sale price or active secondary market.

5-Year Fund Term

Closed-ended investment structure

Transferable LP Interests*

Permitted transfers between eligible investors

Digital Secondary Infrastructure*

Technology designed to facilitate compliant secondary transactions

Digitally represented LP interest

Investor seeks a buyer

Eligibility & compliance checks

Required approvals

Permitted tranfer

*Transfers remain subject to the Fund documentation, applicable law, investor eligibility, compliance requirements and any required approvals. Secondary-market liquidity is not guaranteed.