Overview
The HD Private Credit Fund is an evergreen, open-ended fund designed to deliver consistent income through short-term, secured lending. We originate and manage asset-backed loans where our team’s underwriting and collateral discipline can protect principal and generate steady cash flow.
The Fund offers a 12% annual yield by providing loans in construction receivables, state-issued film tax credits, and commercial real estate.
12%
Annual Percentage Yield
Investment Snapshot
$100K
Minimum Investment
Quarterly
Distributions
Why Investors Choose the HD Private Credit Fund
High current yield with quarterly cash distributions
Alignment and co-investment by the management team
Open-ended structure that accepts capital on a recurring basis
Experienced sponsor with private lending and real estate backgrounds
Diversified portfolio across multiple sectors, markets, and operators
Fund Strategy
Each loan is underwritten for collateral strength, enforceable contracts, borrower capacity, and defined exit paths before capital is deployed.
How the Fund Works
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Non-dilutive approach – New capital is deployed into producing assets, not overhead.
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Redemption requests require 15 days’ notice before the end of the calendar quarter, subject to availability.
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Short-term, asset-backed loans in three verticals:
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Construction receivables – invoice factoring for licensed contractors
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State-issued film tax credits – loans collateralized by assignable rebates
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Commercial real estate bridge loans – short-term financing secured by property
Frequently Asked Questions
How long has HD First Capital been managing funds?
We have managed note funds since 2023. The HD Private Credit Fund was launched in 2025.
What is the minimum investment?
$100,000.
Is this an open-ended fund?
Yes. It is an evergreen open-ended fund structure.
How often will I be updated about my investment?
Investors receive monthly capital account statements and quarterly distributions. Our team is available for calls at any time.
Will I own a specific note?
No. Investors own a proportional interest in the Fund and benefit from diversification across the portfolio.
Do I need to be an accredited investor to invest?
No. The Fund currently accepts both accredited and non-accredited investors.
Can I invest with an IRA or 401(k)?
Yes. Investments can be made through a self-directed IRA or 401(k). We can introduce the custodians we have worked with.
Can I invest with crypto?
Yes. We can facilitate investments using approved digital assets through our onboarding process.
How does liquidity work?
Redemption requests require 15 days’ notice before the end of the calendar quarter and are fulfilled subject to availability.
What is an accredited investor?
Generally, an individual with income over $200,000, or $300,000 jointly with a spouse, for each of the last two years with a reasonable expectation of the same in the current year, or a net worth over $1 million, excluding a primary residence. Certain entities also qualify based on assets or ownership.
Contact
Doug Maynard
Investor Relations, HD First Capital
doug@hogandouglas.com | (858) 349-4655
Disclaimer
This material is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any investment in the HD Private Credit Fund will be made only pursuant to the Fund’s definitive offering documents, which should be reviewed carefully before investing. Results are not guaranteed.