Resource Capital Investment Corporation

SEC-registered Private Fund Manager · Mid-sized ($1B–$10B) CRD 166722 · SEC file 801-78106 · Carlsbad, CA · WWW.RESOURCECAPITAL.NET

☆ Save with Pro ADV data as of Mar 30, 2026

Regulatory AUM: $3.7B
Discretionary: $2.9B
Clients: 35
Avg AUM / client: $106M
Accounts: 35
Employees: 4

AUM over time

$237M $3.7B

May 2013 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 30, 2026

Who they serve

Client type	Clients	AUM	% of AUM
Pooled investment vehicles (non-investment companies)	35	$3.7B	100.0%

Private funds (17)

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Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $3.5B combined gross assets

Fund	Type	Domicile	Gross assets	Owners
Sprott Private Resource Lending Iii (Collector 1), Lp master	Hedge Fund	Canada	$938M	18
Sprott Private Resource Lending Ii (Collector), Lp master	Hedge Fund	Canada	$826M	41
Sprott Private Resource Streaming And Royalty (Collector), Lp master	Hedge Fund	Canada	$666M	10
Sprott Private Resource Streaming And Royalty Annex (Collector 1), Lp master	Hedge Fund	Canada	$323M	9
Sprott Private Resource Streaming And Royalty (Cal Co Invest), Lp	Other Private Fund	Canada	$212M	2
Sprott Structured Opportunities (Us), Lp	Hedge Fund	Canada	$150M	2
Sprott Private Resource Lending Ii (Cal Co Invest), Lp	Other Private Fund	Canada	$106M	1
Sprott Private Resource Streaming And Royalty (Br Coinvest), Lp	Other Private Fund	Canada	$83.8M	5
Exploration Capital Partners 2014 Limited Partnership	Hedge Fund	Delaware	$60.7M	99
Sprott Private Resource Streaming And Royalty (Operf Co Invest), Lp	Other Private Fund	Canada	$55.4M	2
Sprott Private Resource Streaming And Royalty Annex (Lacera Co Invest),Lp master	Other Private Fund	Canada	$51.9M	2
Sprott Resource Lending And Opportunities Master Lp master	Hedge Fund	Delaware	$32.1M	21
Exploration Capital Partners 2005 Limited Partnership	Hedge Fund	California	$19.5M	61
Mid Tennessee Royalty Co Invest Lp	Other Private Fund	Delaware	$9.3M	2
Natural Resources Income Investing Limited Partnership	Hedge Fund	California	$2.3M	99

People (3)

roster as of Jul 20, 2026

Name	Role / title	With firm since	Ownership
Thomas Wayne Ulrich	President, Secretary, Chief Compliance Officer And Director	Apr 2013 (13y)	Less than 5%
Bhathal, Varinder, Kaur	Treasurer And Director	Jan 2019 (8y)	Less than 5%
Robert Virgil Villaflor	Director	Mar 2021 (5y)	Less than 5%

Entity owners (Schedule A/B)

Entity	Title / status	Since	Sch.	Ownership
Sprott U.S. Holdings Inc.	Owner	Apr 2013	A	75% or more
Sprott Inc.	Shareholder	Apr 2013	B	75% or more of Sprott U.S. Holdings, Inc. (indirect)

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (17, $3.5B gross assets)

Fund	Type	Gross assets	Min. investment	Owners
Sprott Private Resource Lending Iii (Collector 1), Lp	Hedge Fund	$938M	$15.0M	18
Sprott Private Resource Lending Ii (Collector), Lp	Hedge Fund	$826M	$10.0M	41
Sprott Private Resource Streaming And Royalty (Collector), Lp	Hedge Fund	$666M	$10.0M	10
Sprott Private Resource Streaming And Royalty Annex (Collector 1), Lp	Hedge Fund	$323M	$10.0M	9
Sprott Private Resource Streaming And Royalty (Cal Co Invest), Lp	Other Private Fund	$212M	$10.0M	2
Sprott Structured Opportunities (Us), Lp	Hedge Fund	$150M	$20.0M	2
Sprott Private Resource Lending Ii (Cal Co Invest), Lp	Other Private Fund	$106M	$100M	1
Sprott Private Resource Streaming And Royalty (Br Coinvest), Lp	Other Private Fund	$83.8M	$10.0M	5
Exploration Capital Partners 2014 Limited Partnership	Hedge Fund	$60.7M	$100K	99
Sprott Private Resource Streaming And Royalty (Operf Co Invest), Lp	Other Private Fund	$55.4M	$10.0M	2
Sprott Private Resource Streaming And Royalty Annex (Lacera Co Invest),Lp	Other Private Fund	$51.9M	$10.0M	2
Sprott Resource Lending And Opportunities Master Lp	Hedge Fund	$32.1M	$500K	21
Exploration Capital Partners 2005 Limited Partnership	Hedge Fund	$19.5M	$100K	61
Mid Tennessee Royalty Co Invest Lp	Other Private Fund	$9.3M	$10.0M	2
Natural Resources Income Investing Limited Partnership	Hedge Fund	$2.3M	$100K	99
Sprott Structured Opportunities (International), Lp	Hedge Fund	$1.5M	$20.0M	1
Sprott Structured Opportunities (Canadian), Lp	Hedge Fund	$0	$20.0M	0

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

Form	Period	Size
Form ADV (full filing)	03/30/2026	5.06 MB	View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

Civil judicial as of Mar 26, 2024

Status: Final Summary: AN ADVISORY AFFILIATE IN CANADA, SPROTT ASSET MANAGEMENT LP ACQUIRED THE FLATIRON GROUP OF COMPANIES ("FLATIRON") ON OR ABOUT AUGUST 1, 2012. IN THE MONTHS FOLLOWING THE ACQUISITION, ONE OF THE FLATIRON HEDGE FUNDS, FLATIRON MARKET NEUTRAL LP ("FMNLP"), SUFFERED SIGNIFICANT DROP IN ITS VALUE. THE DECISION WAS MADE BY FLATIRON TO TERMINATE FMNLP AND LIQUIDATE ITS HOLDINGS. PERFORMANCE DIVERSIFIED FUND WAS A LIMITED PARTNER IN FMNLP AND BROUGHT THE ACTION ALLEGING MISMANAGEMENT OF FMNLP AS WELL AS THE TERMINATION AND LIQUIDATION OF FMNLP. THE MATTER WAS SETTLED IN NOVEMBER 2020.

Disclosure text reproduced verbatim from the firm's own Form ADV filings.

How they charge

• Percentage of assets under management
• Performance-based fees

Services

• Portfolio management for pooled investment vehicles

Custody

Firm reports having custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.

View current Form ADV (SEC/IAPD) ↗