The La Plata Peak Income Fund II is a $20M allocation into producing U.S. oil & gas mineral rights currently generating cash flow. 8% preferred return, 15% target annual cash-on-cash yield, 18-20% target IRR, 2-3 year hold, monthly distributions, SDIRA eligible, and a 15% tax depletion allowance in perpetuity. Managed by a fourth-generation oil & gas family office with $150M+ in closed energy transactions and a 17.2% average 5-year yield across the prior fund series.
Mineral royalties behave like a triple-net lease on a property you never have to manage, with tax treatment you cannot get from rental income. Operators pay royalties directly to mineral owners on every barrel produced, and the federal depletion allowance shields a portion of that income from tax. The comparison looks like this.
Every dollar in the fund is backed by producing U.S. mineral interests currently generating royalty income. No speculative drilling, no exploration risk, no dry-hole exposure.
Cash pays monthly directly to investors, not quarterly. Annual K-1s prepared by the fund administrator. Structured for allocators who need predictable income.
Federal tax code treats mineral income with a 15% depletion deduction in perpetuity, which shields a portion of every royalty dollar from ordinary income tax.
The fund structure accepts capital from self-directed retirement accounts, which lets investors compound mineral royalty income on a tax-advantaged basis.
Rising Phoenix Capital is managed by a fourth-generation oil & gas acquisition and operations family, sourcing directly from mineral owners in top-tier producing basins.
Target hold period of two to three years against an 18-20% target IRR and 1.5-2.0x target MOIC. Much shorter duration than a typical energy private equity lockup.
La Plata Peak Income Fund II is a 506(c) private offering raising $20 million toward a $50 million mineral fund target. Units are limited and allocated first-come, first-served, and unit pricing tiers step as the raise fills.
The Rising Phoenix Capital fund series has delivered cash-on-cash yields ranging from 6% to 29% across six institutional mineral offerings from January 2020 through December 2024, for a blended 17.2% average annual yield.
The fund runs on an institutional platform with independent legal, audit, administration, and custody partners engaged or in process.
The monthly cash flow has been a game-changer for my retirement planning.
Pick a time with the Rising Phoenix Capital investment team to review your allocation, walk through the Fund II terms, and see whether the La Plata Peak strategy fits your portfolio. Accredited investors only.