Case Studies /
Executive Summary
After running five different funds, including a $35M debt fund, Rick Melero, founder of His Capital Group, realized every traditional model tied his hands when markets shifted. Syndications created endless paperwork, blind-pool funds limited flexibility, and high legal costs drained resources.
By partnering with Avestor, Rick launched My Verified Investor Loan Marketplace, a Customizable Fund® that combines the flexibility of SPVs with the efficiency of a pooled fund. Since launching, Rick is already in the process of transitioning close to $30 million of client commitments (as of 2024), while giving investors the freedom to self-select deals.
Background
Rick Melero's two decades in real estate include everything from surviving the 2008 crash to working on international acquisitions, from castles in Ireland to development projects in Mexico. Over the years, he built a track record across private lending, real estate acquisitions, and fund management.
Despite raising $35M in his first debt fund, Rick ran into the same barriers faced by many fund managers: rigid fund structures, high administrative costs, and scalability limits.
He needed a solution that allowed him to raise capital across multiple strategies under a single, flexible framework.
With Avestor, Rick launched a Customizable Fund® that blended the best of SPVs and pooled funds:
By moving to Avestor’s Customizable Fund®, Rick Melero transformed an inefficient, deal-by-deal fundraising process into a scalable, investor-friendly marketplace. The result: $30 million currently being transitioned, lower costs, greater flexibility, and a structure built for long-term growth.
👉 Explore Customizable Fund® for your strategy at www.avestor.com
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