ElmTree Funds

Wesley T. Walker acts as Senior Vice President, Investor Relations for ElmTree Funds, LLC. As a Senior Vice President, Mr. Walker’s main role is investor relations and institutional capital raise. Mr. Walker was formerly President and COO of Bridge Trading Company, an institutional brokerage firm, with $150 million in revenues and in excess of 500 institutional clients. Mr. Walker was Chairman of the Board of Directors of Bridge Trading from 2000-2005. Following the Bridge/Instinet merger, Mr. Walker managed the Midwest regional offices of Instinet/Nomura and was responsible for $200m in revenue. Mr. Walker holds a BA degree in Neuroscience from Oberlin College.

In David Piasecki’s role as Senior Vice President, Acquisitions, he is responsible for aspects of setting investment policy and the sourcing and underwriting of new acquisitions. Mr. Piasecki was initially hired in 2014 to be Chief Operating Officer, overseeing all day-to-day aspects of the Fund’s business including accounting, asset management and transaction review. Mr. Piasecki has a 40+ year history of investment experience ranging from equipment finance, asset based finance and commercial real estate finance. He has experience in all aspects of real estate finance, including acquisitions, investment analysis, capital markets and dispositions. He has direct experience for over $4.5 billion of transactions including acquisitions, finance and dispositions. During this time, Mr. Piasecki’s focus has been on net leased corporate real estate transactions.

Mr. Piasecki was SVP/Real Estate Division Risk Management for Greyhound Financial, a subsidiary of then Fortune 100 Greyhound Corporation. He served as SVP/Corporate Real Estate at UTF. He was a co-founder of Mesirow Realty Sale-Leaseback and later the Senior Managing Director of Highland Equity Group in Atlanta. From 2007 through 2013 he was engaged as Senior Managing Director of Inflection Point Acquisition Group, a small boutique private equity shop engaged in acquisition and repositioning of small private companies. Mr. Piasecki is often a speaker at various industry conferences and has been published as a writer for the Monitor Journal of Asset Based Finance, The Journal of Corporate Real Estate Finance and the Real Estate Forum. He was awarded a BA from Saint Louis University with Areas of Concentration in History and Economics.

Brian Boehm serves as Senior Vice President of Acquisitions at ElmTree Funds, LLC.  He is responsible for the identification, evaluation, underwriting and acquisition of net lease industrial, office and healthcare real estate investments throughout the United States. Prior to joining ElmTree, Brian was Managing Director of Net Lease Business Development at Ten-X, an online platform for real estate transactions. At Ten-X, he was responsible for product development and client management for net lease institutions. Prior to Ten-X, Brian was Director of Acquisitions for VEREIT/Cole Real Estate Investments where he was responsible for sale-leaseback and structured transactions across the US. While there, he completed nearly $4 billion of transactions across retail, office and industrial asset classes including the largest ever retail sale-leaseback transactions.

Brian holds a Bachelor of Science degree in Business Administration from North Carolina State University as well as an MBA from NYU Stern School of Business.  Additionally, he is an active member National Association of Industrial and Office Properties (NAIOP), and the International Council of Shopping Centers (ICSC).

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Stephen Baxter is the Vice President of Asset Management at ElmTree Funds, LLC.  In this role, Mr. Baxter manages and is responsible for the asset management functions for ElmTree Funds and its separately managed accounts.  Mr. Baxter maintains oversight responsibility of the internal asset management team and external partners, including 3rd party property managers, brokers, attorneys, construction managers, architects, engineers and various vendors.  Prior to joining ElmTree Funds, Mr. Baxter spent four years at McKinley, Inc. where he was responsible for asset management, client relations, and workouts of approximately 2.5 million square feet of distressed third party commercial real estate assets.  Prior to joining McKinley, Inc., Mr. Baxter worked at Jones Lang LaSalle in Chicago, Illinois, where he was responsible for advising public sector clients’ real estate portfolio decisions, generating extensive market studies, and brokering office lease transactions for the United States Federal Government.  Mr. Baxter is working towards his CCIM designation and is currently enrolled in Georgetown University’s Masters in Real Estate program.

He holds a Bachelor of Science degree in Economics from DePaul University’s Driehaus College of Business.

MaCauley Studdard is the Vice President of Investments & Corporate Development for ElmTree Funds, LLC. In this role, Mr. Studdard works with ElmTree Funds’ senior management team on special situations, including portfolio transactions and recapitalizations, and strategic corporate development opportunities that are aligned with ElmTree’s long-term growth strategy. Additionally, Mr. Studdard manages and oversees the underwriting and evaluation of potential investment opportunities, which includes fundamental real estate analysis, tenant credit underwriting, and extensive financial modeling. Mr. Studdard also manages and oversees ElmTree Funds’ Analyst department and net lease market research. Prior to serving as Vice President, Mr. Studdard served as an Analyst for ElmTree Funds. As an Analyst, Mr. Studdard underwrote approximately $1 billion of investments. Mr. Studdard’s prior experience includes M&A consulting and business valuation and advisory services with CBIZ Valuation Group, a national valuation advisory firm, as well as several years of equity research experience with Kennedy Capital Management, Inc. Mr. Studdard is currently an MBA candidate at Washington University in St. Louis. Mr. Studdard graduated summa cum laude from Webster University where he received his B.S. degrees in Finance & Accounting.

Mason Bikshorn is an Associate for ElmTree Funds, LLC. As a part of the Investor Relations team, Mr. Bikshorn’s primary responsibilities are focused on providing best in class service to our investors and institutional capital raise.  Prior to serving as Associate, Mr. Bikshorn served as an Analyst for ElmTree Funds. As an Analyst, Mr. Bikshorn performed extensive net lease market research and assisted in underwriting approximately $1 billion of investments. Prior to ElmTree Funds, Mr. Bikshorn worked as an Performance Analyst at Schnucks Markets, Inc. where he focused on financial modeling, product rationalization, and leveraged data and analytics to drive business decisions. Mr. Bikshorn graduated with honors from the University of Missouri – Columbia where his areas of concentration were Finance, Economics, and Real Estate.

Zak Hotz serves as the Asset Manager of ElmTree Funds, LLC. Mr. Hotz is responsible for managing the day-to-day activity between the tenants and landlords for all of ElmTree’s assets. Mr. Hotz also manages third party vendor contracts required by the company’s leases. Prior to joining ElmTree Funds in 2014, Mr. Hotz served as the Staff Accountant and Property Manager for Koman Properties, Inc. and KP Development, LLC for 9 years. Mr. Hotz graduated from Hickey College with a degree in Accounting in 2005.

Hope Weber is a Staff Accountant at ElmTree Funds, LLC with more than twenty years of accounting experience in both the private and public sectors. Her experience includes ten years with a real estate management company.  Ms. Weber’s duties include the daily operations of general accounting and financial reporting.  Ms. Weber received her MBA from Keller Graduate School of Management of DeVry University.

Amie Richter is a Staff Accountant for ElmTree Funds, LLC. Ms. Richter is responsible for construction draws for build to suit properties, financial reporting and statement preparation. She has over 10 years of accounting experience in the commercial real estate industry, which includes retail, office, industrial and multi-family properties. Previously, Ms. Richter was the Senior Accountant for Colliers International, where she was responsible for the operating accounting for a portfolio of retail, office and industrial properties. Her previous experience includes Koch Development Co. Ms. Richter graduated from the University of Missouri – St. Louis where she received her B.S. in Accounting.

Austin Davis is an Analyst for ElmTree Funds, LLC. In this role, Mr. Davis assists in underwriting and evaluating potential investment opportunities. This process includes preparing financial models to value properties and forecast returns, perform fundamental real estate analysis and detailed market research, participating in the due diligence process of acquisitions and dispositions, and tenant credit underwriting. Prior to ElmTree Funds, Mr. Davis worked as an Acquisitions Analyst for StorageMart LLC where he forecasted cash flows and conducted valuations of commercial real estate across the US, Canada, and United Kingdom. During his tenure with the acquisitions team, Mr. Davis underwrote successful closings in excess of $150 million. Mr. Davis graduated Magna Cum Laude from the University of Missouri – Columbia where he received his B.S. degree in Finance & Banking.

Mark Clinton is an Analyst at ElmTree Funds, LLC. As an Analyst Mr. Clinton assists in underwriting and evaluating potential investment opportunities, which includes preparing financial models, performing fundamental real estate analysis, completing detailed market research, participating in the due diligence process of acquisitions and dispositions, and tenant credit underwriting. Prior to ElmTree, Mr. Clinton worked in Commercial Real Estate Underwriting at Stifel, where he assisted in underwriting nearly $1 billion of real estate portfolios. Prior to Stifel, Mr. Clinton worked at KP Development where he completed market research and due diligence on real estate development opportunities across the U.S. Mr. Clinton received a BBA from Southern Methodist University with a major in Finance and a Concentration in Real Estate.