In 2012, Peter Spiro founded Brisco Funding LLC, a private lending company. The company originated loans to real estate developers for new construction and fix-and-flip projects. Now, in 2023, Brisco Funding has been rebranded as Brisco Investment Group to emphasize our commitment to our investors to providing access to the best income-producing investment opportunities possible, wherever they may be.
Our inaugural fund under the new name is Brisco Income Fund, a fund-of-funds which invests in a portfolio of private lending funds that offer various types of secured financing, such as real estate lending, auto loans, factoring, and litigation finance. The fund aims to provide consistent returns with monthly payouts while preserving capital by carefully selecting the private lending funds with the best risk/reward ratios possible.
Brisco Investment Group’s CEO Peter Spiro is a highly experienced real estate fund manager with a proven track record of providing projected returns to investors. With over a decade of experience in real estate and finance, Peter has a deep understanding of the complexities of private lending, enabling him to develop and implement successful investment strategies in this area. With his strong leadership and communication skills, Peter has built a reputation for delivering predictable results and maintaining transparent relationships with investors and partners.
OUR MANAGEMENT TEAM
The fund’s manager, Peter Spiro, is an experienced real estate fund manager with a proven track record of providing projected returns to investors. Peter's strong background in real estate and finance has equipped him with a deep understanding of the complexities of private lending, enabling him to develop and implement successful investment strategies in this arena. With strong leadership and communication skills, Peter has built a reputation for delivering predictable results and maintaining strong relationships with investors and fund managers alike.
INVESTOR RELATIONS MANAGER
Heather has been an invaluable asset to Brisco Investment Group since 2015, playing an integral role in our continued success. Throughout her tenure, she has showcased her versatility and expertise by taking on various responsibilities such as loan underwriting, investor relations, and human resources. Whether analyzing financial data, cultivating strong relationships with our investors, or ensuring our workforce thrives, Heather consistently demonstrates exceptional skills and dedication. Her multifaceted contributions have not only made a significant impact on our operations but have also solidified her position as a core member of our team.
Ed Rocha is a multifaceted professional with a diverse background in business development, education, and fintech. He excels in establishing businesses, optimizing processes, and investing in individuals. Ed's roles span across education, motivational speaking, professional coaching, storytelling, entrepreneurship, language expertise, podcasting, and authoring children's books.
As founder and President of Rola Corporation and its subsidiaries, as well as CEO of The Morning Goals, LLC, a coaching practice, Ed is dedicated to empowering entrepreneurs, creatives, and aspiring individuals. He co-hosts The Future Breakup Podcast, engaging in insightful discussions on various topics, reflecting his passion for learning and innovative problem-solving.
Patrick Cole is a highly accomplished professional with extensive experience in the financial services industry. As President of Armada Mercantile Ltd. since 1991, he has led a group of companies specializing in consulting, advisory services, broker/dealing, and trade finance. Patrick's expertise includes capital formation, mergers and acquisitions, IPOs, DPOs, and negotiating transactions for private and public companies. His strong relationships with banks, investors, and broker/dealers have contributed to his success in raising capital globally. Patrick's commitment to building partnerships and his tenure as a partner at Redrock Trading Partners further solidify his influence in the financial industry.
SENIOR INVESTOR SUCCESS MANAGER
Michael Krawchuk is a distinguished professional making significant strides at DLP Capital. With a strong background in business development and leadership, he has consistently proven his value through strategic problem-solving and results-driven approaches. DLP Capital, an investment firm specializing in real estate and lending, benefits from Michael's contributions. The firm focuses on offering attractive returns to its investors, with over $5 billion in assets under management. DLP Capital's success is driven by its innovative approach to real estate investing and lending, and Michael plays a crucial role in this.
Adam Potter Adam is a highly experienced Business, Tax & Trial Attorney with a proven track record of 25 years. He specializes in providing strategic guidance to small business owners and entrepreneurs, offering comprehensive advice on a wide range of business, legal, and tax matters. Adam's expertise lies in designing advanced level business structures specifically tailored for privately held businesses. As the founder of his Firm, he has established a unique client culture that focuses on delivering top-quality legal representation and advanced tax strategies. With an extensive background that includes training at prestigious organizations such as Ernst & Young LLP and Adams & Reese LLP, as well as in-house General Counsel experience at Universal Weather & Aviation, Inc. and Omega Protein, Inc., Adam brings a wealth of knowledge and expertise to the table.
John is the visionary founder behind Avondale Private Lending, a result of his own private lending experiences in 2015. With a focus on funding successful renovation projects in Dallas, John recognized the immense potential in private lending for both real estate borrowers and income-oriented investors. Since its inception, Avondale Private Lending has originated over 475 private loans, amounting to a remarkable $200 million in funding. The fund's investors have enjoyed consistent annual returns ranging from 8% to 12%. Demonstrating his commitment to excellence, John is an esteemed member of the American Association of Private Lenders (AAPL) and has earned the prestigious Certified Fund Manager designation from AAPL. He holds a bachelor's degree in finance from TCU, further enhancing his expertise in the field. With his passion for private lending and dedication to delivering exceptional results, John continues to drive Avondale Private Lending towards continued success.
PRIOR INVESTMENT FUNDS
Brisco Funding LLC - This was our first private lending fund which was formed in 2012 and operated until 2021. We initiated loans to fix-and-flip developers. Investors invested on a note and were paid 8% interest with monthly payments for the life of the fund.
Brisco High Yield Fund LLC - This was another private lending fund and our first Reg D offering. It was run in parallel with Brisco Funding from 2015 to 2021. Investors earned an average of 8.75%.
RJJ Wholesalers LLC - This was a Reg D offering where we generated yield from real estate wholesaling. We returned an average of 10.7% IRR to investors with quarterly dividends.
RJJ Corner Stone LLC - Multifamily real estate transaction in Montgomery, AL where we generated a 15.4% IRR for investors, 5 year hold time.
RJJ Meadows LLC - Multifamily real estate transaction in Montgomery, AL where we generated a 15.1% IRR for investors, 4 year hold time.
RJJ Timberchase LLC - Multifamily real estate transaction in Birmingham, AL where we generated a 14.3% IRR for investors, 2 year hold time.
After thorough deliberation and diligent research, we have opted for Mercury as our banking institution. The five million-dollar FDIC insurance policy they provide for their accounts instills confidence in our decision, assuring Brisco's financial security. For more information click here.