Benjamin Capital II Fund

Distressed mortgages, acquired at a discount.

A private placement targeting 18–22%+ IRR by purchasing non-performing loans and REO at steep discounts to collateral value built-in downside protection, not appreciation speculation.

18-22%+

Target IRR

$50M

Offering Target

8%

Preferred Return

4 yrs

Fund Term

Private Offering Memorandum

By submitting, you confirm you are an accredited investor under SEC Rule 501(a) and consent to receive fund materials. Your information is held in confidence.

Managing Broker-Dealer · Exemplar Capital, LLC

FINRA / SIPC Member

Accredited Only

Based in Jupiter, Florida

Market Opportunity

Built for this moment in the cycle.

Rising delinquencies, affordability stress, investor liquidations, and an inverted yield curve mirror prior cycles that preceded major waves of distress.

Unlike strategies that rely on rising markets, ours thrives in economic dislocation. We don’t speculate on appreciation we resolve distressed problems at a discount and return capital fast.

“A wave of forced selling is inevitable. We are positioned to scale into that window while other capital sits on the sidelines.”

Strategy

A four-step playbook refined across three decades.

A four-step playbook refined
across three decades.

Source

Institutional loan-sale relationships surface NPL, semi-performing, and REO pools at steep discounts to collateral value.

Evaluate

Proprietary trading desk methodology evaluates each loan on a loan-level basis pricing the time value of capital.

Resolve

Deed-in-lieu, short sale, foreclosure, or REO disposition whichever path returns capital fastest at the highest yield.

Return

8% preferred return to investors, then 70/30 split to a 20% IRR. Reinvestment during the investment period.

Terms Snapshot

The economics, on one page.

Target IRR 18 – 22 %+

Offering Size $50M target · scaling to $100M+

Tranche Size $5,000,000

Fund Term 4 years (36-mo wind-down)

Preferred Return 8% to investors

Carried Interest 70 / 30 split to 20% IRR

Management Fee 2% of capital contributions

Eligibility Accredited investors

Distribution waterfall, in plain English.

Return of 100% of investor capital first.
Then an 8% annual preferred return on unreturned capital.
70 / 30 split to investors until 20% IRR.
Thereafter, 30 / 70 carried interest to manager.

Track Record

Battle-tested across multiple cycles.

Today

Benjamin Capital II Fund

Partner in a private equity group operating a distressed real estate fund the playbook now refined inside Benjamin Capital.

2014 – 2017

Proven Fund Management

Acquiring NPLs, semi-performing loans, and REO at steep discounts to collateral value across the U.S.

2008 – 2012

Crisis-Tested Operations

Managed and sold $10–15M REO portfolios for a NYSE-listed company, building institutional-scale distressed resolution.

1997 – 2002

Institutional Foundation

Resolved 100–150 REO assets per month for major banks and servicers through the deepest housing downturn in modern history.

Competitive Advantage

Why this team, and why now.

Leadership

Operators, not allocators.

Joe Bettag

CEO & FOUNDER

Distressed real estate since 1997. Multiple cycles. Multiple funds.

Peter Droubay

TRADING DESK

Loan-level evaluation and proprietary trading desk methodology.

Thomas McCarthy

HEAD OF ACQUISITIONS & IR

Institutional loan-sale relationships and investor coverage.

Investment funds for tomorrow’s economy. Jupiter, Florida.

jbettag@benjamincapgroup.com · 561.308.3292

Important Disclosure. This communication does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offering shall be made only by the Private Placement Memorandum and subscription documents (the “Agreements”). The offering of Benjamin Capital II, LLC is being offered to U.S. residents who are “accredited investors” under Rule 501 of Regulation D. Exemplar Capital, LLC a registered broker-dealer with the SEC and member of FINRA / SIPC serves as managing broker-dealer.

Private placements are not publicly traded, may be subject to holding periods, and are not bank deposits, not FDIC-insured, and not guaranteed. Investments may lose value. Past performance is not indicative of future results. Targeted returns are not guaranteed and may not reflect actual performance. Review all offering materials and risk disclosures before investing.

Distressed mortgages, acquired at a discount.

18-22%+

$50M

8%

4 yrs

Private Offering Memorandum

Built for this moment in the cycle.

Rising

Stressed

Forced

Inverted

A four-step playbook refined across three decades.

A four-step playbook refinedacross three decades.

Source

Evaluate

Resolve

Return

The economics, on one page.

Target IRR 18 – 22 %+

Offering Size $50M target · scaling to $100M+

Tranche Size $5,000,000

Fund Term 4 years (36-mo wind-down)

Preferred Return 8% to investors

Carried Interest 70 / 30 split to 20% IRR

Management Fee 2% of capital contributions

Eligibility Accredited investors

Distribution waterfall, in plain English.

Battle-tested across multiple cycles.

Benjamin Capital II Fund

Proven Fund Management

Crisis-Tested Operations

Institutional Foundation

Why this team, and why now.

100+

3rd

1997

150/mo

Operators, not allocators.

Joe Bettag

Peter Droubay

Thomas McCarthy

A four-step playbook refined
across three decades.