About Us
Full Cycle Funding Income Fund is a private real estate debt fund built for investors who want passive income backed by real collateral—without the noise of the public markets. We focus on short-term, real estate–secured lending designed to prioritize capital preservation first, with consistent income as the goal.
This is an open-ended, non-traded private fund offered exclusively to Accredited Investors under Rule 506(c).
What We Aim to Deliver
Our objective is simple: generate reliable income while protecting principal by directly originating and acquiring asset-backed mortgage loans.
Investors may be eligible for a 9.25%–10.5% annualized simple preferred return (by class/term).
About Full Cycle Funding Income Fund
The Strategy
We originate and fund high-yield mortgage loans secured by U.S. real property, primarily in a senior 1st lien position.
We underwrite conservatively—typically no more than 75% loan-to-value (LTV) based on market value—and keep fund-level leverage capped at 30% of total assets.
To enhance diversification, up to 30% of capital may be allocated to select third-party managed secondary debt or complementary private credit/fixed income funds.
Fund Snapshot
- Minimum Subscription: $50,000
- AUM Targets: $10M (Year 1), $20M (Year 3), $45M+ (Year 5)
- Manager: Full Cycle Funding LLC (Florida)
Leadership You Can Reach
This fund is managed by a hands-on team of General Partners:
- David Shaw — Fund Manager
- Michael Hildebrandt — Chief Compliance Officer / In-House Counsel
- Sheena Berry — Asset Manager / Investor Relations / Client Services
Liquidity & Redemptions
We’re built for income-minded capital with a long-term mindset:
- 12-month minimum hold from the date of investment
- Redemption requests accepted twice per year
- Redemptions may be limited to 15% of NAV per quarter
- Early redemptions may be subject to a 3% fee and/or forfeiture of accrued interest for a defined period
If you’re an Accredited Investor looking for real estate-backed income with disciplined underwriting, we’d love to connect. .