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Fund I · Open

Shaping modern private credit.

Senior-secured, structured private credit strategies focused on preservation, yield, and performance, backed by income-producing commercial real estate.

Request Confidential Memorandum → Schedule a Diligence Call

2026 Confidential Offering · Qualified Purchasers / Accredited Investors only Scroll

The Thesis

We are not chasing yield.
We are structuring risk.

KPP Secured Credit Fund I is an institutional-grade private credit strategy delivering an 8% fixed preferred yield, paid quarterly, backed by senior-secured first-mortgage liens on income-producing commercial real estate.

We acquire B-notes from a vetted regional originator at the most protected attachment point in the capital stack, pairing bond-like distributions with disciplined, asset-level underwriting.

Explore the income profile →

0.00% / yr

Fixed Preferred Yield

Paid quarterly, in cash.

≤ 0%

Maximum Loan-to-Value

Conservative attachment discipline.

< 1% · 16 yrs

Originator Default Rate

Across a 16-year track record.

Fund I · At a glance

One fund, structured for capital preservation.

Fund Identity

KPP Secured
Credit Fund I

Delaware LP · Senior-Secured B-Notes

Capital Sought

$150M target

$500M hard cap

Liquidity

30-mo lockup

Quarterly NAV redemption · 90-day notice

Pipeline

$400M annual

MLPA contractually mandated

01 · Income Profile

Predictable cash flow. Fixed preferred yield. Backed by real estate.

Engineered for capital-preservation-minded LPs who want institutional-grade real-estate credit exposure with bond-like distributions and a known lockup window.

Annual Preferred Yield

8.00% · fixed

Frequency

Quarterly distributions

Lockup

30 months from subscription

Liquidity

Quarterly NAV redemption · 90-day notice

Collateral

Senior-secured first mortgage on income-producing commercial real estate

Distribution modeler

Model a commitment against the fixed 8% preferred yield. Figures are illustrative. Final terms are governed by the Confidential Private Placement Memorandum.

Your commitment

Enter an amount or choose a preset.

Commitment (USD)

Calculated at the fixed 8.00% annual preferred yield, distributed quarterly. Principal redeemable at NAV after the 30-month lockup.

Per Quarter

$20,000

Per Year

$80,000

5-Year Total

$400,000

Yr 1Yr 2Yr 3Yr 4Yr 5

Cumulative distributions shown. Illustrative only. Not an offer to sell or a solicitation of any security.

Our Approach

A visual language for how we protect capital.

Five disciplines govern every position, from origination through redemption.

Due Diligence

Asset-level underwriting on every loan, every borrower, every lien position.

Senior-Secured

First-mortgage liens at the most protected attachment point in the stack.

Fixed Distributions

An 8% preferred yield, paid quarterly in cash, bond-like and predictable.

Quantitative Risk

LTV discipline, concentration limits and NAV stress-testing across the book.

Aligned Partnership

A contractually-mandated $400M pipeline and interests aligned with every LP.

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02 · The Team

Three complementary disciplines: credit underwriting, capital markets, and quantitative risk.

Alexander Plichta

Managing Partner · Credit & Strategy

Oversees credit underwriting, fund strategy and investment decisions. Formerly Macquarie Asset Management and Quaker Chemical corporate development.

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Justin Jihwan Kim

Managing Partner · Capital Markets

Leads capital markets, investor relations and lender origination, with access to $2.5B+ in capital liquidity and a $250M loan pipeline.

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Adam Shannon

Partner · Quantitative Risk

Leads quantitative portfolio construction and risk management for the B-note strategy. Former Citadel quantitative researcher; Cambridge physicist.

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Get in touch

Request the confidential memorandum.

Tell us a little about your mandate and we'll share the Confidential Private Placement Memorandum and arrange a diligence call.

Open to Qualified Purchasers & Accredited Investors only.

$150M target raise · Fund I currently open.

All inquiries handled in strict confidence.