About Us

Ross Berger - Founder & Portfolio Manager

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Ross spent his prior 15 years at Wells Fargo bank. For the last 8 years he was the portfolio manager of the $11B proprietary corporate investment portfolio. Primary asset categories were US and European bonds, bank debt, leveraged loans, convertible bonds, credit default swaps, securitizations, receivables and bespoke transactions. Investment approach was rigorous fundamental analysis, employing a risk adjusted return lens. Based on intensive credit, structural, and legal analysis, each investment was internally risk rated and continuously monitored. Interest rate risk and currency risk hedged to isolate a long or short credit risk. Managed investment teams located in San Francisco, New York, and London. Responsible for all aspects of portfolio management and represented the portfolio to senior management and regulators.       


Prior to taking over the above proprietary corporate investment portfolio, Ross launched the  proprietary tax-exempt portfolio. This included launching the high yield tax-exempt portfolio, the real estate tax-exempt portfolio, long /short CDS hedged corporate tax-exempt portfolio, and the private placement initiative. Built portfolio from $200mm of legacy bonds to $6B.  As founding member, he designed a disciplined risk assessment protocol, a portfolio framework, defined risk metrics, and built team. Captured numerous market inefficiencies through active and opportunistic market participation verses the typical market complacency that relied heavily on sell side. Capitalized on: mispricing of overall credit risk in a credit agency dominated marketplace, mispricing of issuer optionality, mispricing of liquidity, lack of cross-over buyers from corporate space, sourcing private placements.


Prior role originating and structuring real estate equity joint-venture and participating debt investments for GE Capital. Managed full cycle of investing - investment origination, leading due diligence team, negotiation, and seeking approval from GE Capital Credit Committee. Individually sourced and invested $90mm of joint venture leveraged equity, and $325mm of participating debt. Teamed on $2B of additional investments. 


Prior to GE Capital Ross was an analyst at JMB Realty/Heitman Financial- institutional real estate buy-side private equity investing. Fundamental real estate investing in all asset classes. Teamed on over $600mm of direct real estate investments in the US and Europe. 


Education 

Ross received a B.A. from the University of Pennsylvania with classwork in the Wharton School of Business, and earned an MBA from Kellogg School of Management at Northwestern University with dual majors in Finance and Marketing. 


Interests

Ross spends time in New York,  San Francisco and Hawaii. He enjoys golf, SUP surfing, fishing , and watching the Philadelphia Eagles with his family.   Avid trail runner, former triathlete and open water swimmer, Ross has enjoyed athletic adventures. Some of these adventures were the 50-Mile Grand Canyon Rim-Rim-Rim run, Ironman New Zealand, and 10k Hudson River Lighthouse swim.