DS News

DS News December 2022

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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Page 28 of 99

27 strategic advisor to Progress Residential's affordable housing team as they engage with residents, local housing authorities, and community partners to meet persistent and growing affordable housing demand in markets across the country. "Increasing quality, affordable housing supply across our markets is a business imperative," said Don Mullen, Founder and CEO of Pretium. "Andrea's decade plus of affordable housing investment experience will be an invaluable addition to the Pretium and Progress teams as we work with residents, investors, policymakers, lenders, developers, business leaders, and community organizations to achieve our ambitious goals." Allan brings more than 20 years of experience in asset and portfolio management, as well as expertise valuing and reporting on real estate investments and loans. She spent more than two decades at Goldman Sachs, where she most recently served as Managing Director and Chief Operating Officer of the Urban Investment Group within the Asset Management Division. In that role, she was responsible for developing and advancing the business' strategy to deliver community impact and drive strong risk-adjusted returns, while meeting evolving regulatory requirements. She also oversaw a broad real assets portfolio, which included mixed-use, affordable, and market rate multifamily, commercial, and community facility real estate assets. "Andrea has a successful track record of building business infrastructure across asset classes to drive both revenue and community impact, and we are excited to welcome a leader of her caliber to our team," added Josh Pristaw, Co-Head of Real Estate at Pretium. "e residential housing landscape continues to grow and transform, and we look forward to benefiting from Andrea's fresh perspectives and insights as we lead the way." INVESTMENT FIRM RICE PARK TAPS CHRIS BIXBY TO LEAD VENTURE CAPITAL STRATEGIES Rice Park Capital Management LP, a Minneapolis-based investment firm, has named Chris Bixby Managing Director, Venture Capital Strategies. In his new role, Bixby will focus on leading investments in early- to mid-stage technology companies in the proptech and real estate technology (RETech) sector. Ventures will be supported by Co-Chief Investment Officers Matt Kennedy and Craig Freel, who add to Rice Park's experience in the real estate sector. "We believe Chris' strong business acumen, expertise, and likeminded approach to investing and partnering with investors, portfolio companies, and colleagues will further our growth trajectory," said Nicholas Smith, Managing Partner of Rice Park Capital Management. "Because of his skillset, we believe Chris offers high-level strategic insights. He digs deep into the day-to-day operations of a business to uncover potential opportunities for greater success." Prior to joining Rice Park, Bixby was VP of Growth at Sezzle, a digital payments fintech, where he joined pre-IPO and focused on go-to-market roles in enterprise sales, strategic partnerships, and marketing. Before Sezzle, Bixby worked in brand management at General Mills and later founded Collaborate Brands where he advised early-stage businesses in strategy, growth, and fundraising. Bixby began his career on Wall Street at Jefferies in Mergers & Acquisitions, and spent several years in middle-market private equity. "I am super excited about the opportunity to join the team at Rice Park to continue to build out Ventures. Rice Park has a tremendous amount of experience in real estate, mortgage, and structured credit, and I believe that we have a unique opportunity to leverage those insights to be better early-stage investors," Bixby said. "I believe my previous experiences in private equity, at large corporations, and in high-growth startups will allow me to provide a hands-on approach to our investment process and portfolio." KARA WARD JOINS FALCON CAPITAL ADVISORS Falcon Capital Advisors, a business advisory firm providing strategic advice, technical expertise and engagement execution to financial institutions and government agencies, has announced that Kara Ward has joined the firm as General Counsel and Managing Director. "Kara's role will be to focus on the intersection of consumer financial services innovation and government," said Armando Falcon, Chairman and CEO of Falcon Capital Advisors. "Her expertise perfectly aligns with sectors our firm is actively serving: the single-family mortgage market, Community Development Financial Institutions (CDFIs), small business lending, and federal grants/ loan guarantee management. In addition, she has deep experience with distributed ledger technology (blockchain) and cryptocurrency. Kara will be a valuable addition to our growing consulting team as well as a key strategic counselor to our government, private sector, and digital transformation clients." Ward brings more than 14 years of experience in banking, finance, housing, as well as deep knowledge of the legislative and regulatory process. She is especially well-versed in complex, cross-governmental matters with intricate legal, policy, and financing aspects. Ward's prior experience includes time as a Partner in an Am Law 50 law firm's public policy and regulation group, and an Attorney- Advisor at the Office of the General Counsel, Banking & Finance Division of the U.S. Department of the Treasury. She is also a Board Member at HomeFree USA, a housing counseling organization, and a Board Member of Women in Housing and Finance. Movers & Shakers "Andrea's decade plus of affordable housing investment experience will be an invaluable addition to the Pretium and Progress teams as we work with residents, investors, policymakers, lenders, developers, business leaders, and community organizations to achieve our ambitious goals." —Don Mullen, Founder and CEO of Pretium

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