Lacy I. Rice

Mr. Rice is the co-founder and Managing Partner of Federal Capital Partners (FCP), a privately held real estate investment company that acquires, operates and develops residential and commercial assets nationally. Additionally, FCP deploys capital in residential and commercial product sectors through joint venture equity, mezzanine debt and preferred equity investments. With nearly 35 years of experience in real estate investment and corporate finance, he also currently serves on FCP’s investment committee. Prior to co-founding FCP in 1999, he was a principal at The Carlyle Group, where, he also served on the company’s real estate funds investment committee. He also previously served in roles at Alex. Brown, Haas & Haynie Corporation and Chemical Bank.

Dedicated to fostering growth in his community, Mr. Rice serves on numerous organizations’ boards. He is a board member of the National Multifamily Housing Council (NMHC), member of the NMHC Affordable Housing Council and member of the Urban Land Institute. He also serves on the board for the Boys & Girls Clubs of Greater Washington.

In 2020, the Boys & Girls Club of Greater Washington named Mr. Rice an Honoree for Youth in Real Estate. Additionally, the Boys & Girls Club of America presented him with the National Silver Medallion and Outstanding Achievement Award – Board Member of the Year. He earned his MBA from Harvard Business School and his bachelor’s degree from Princeton University.