Portland Family of Funds

Carl Talton, Chief Executive Officer and President
carl@portlandfunds.com

Carl is responsible for identifying and generating transactions, resources, funds and revenue sources for use by PFF in carrying out its mission and goals. Carl is an architect of the community-focused strategic direction of the firm and has a broad business background.

He has served as an executive with both Portland General Electric and Pacific Power; most recently as Vice President of Government Affairs, Business Development and Community Development for PGE. Carl is a former chairman of the Portland Development Commission, and currently serves as a Commissioner with the Oregon Economic and Community Development Commission. He is a founding member of the Northeast Community Development Corporation, as well as a founder and long time member of the North/Northeast Economic and Community Development Alliance.

Chris Hasle, Senior Vice President
chris@portlandfunds.com

Chris develops investment strategies, raises investment capital and structures investments and loans. He has participated in the closing of transactions with a combined total project cost of over $2.3 billion. He is also responsible for directing investments in the renewable energy sector.

Prior to PFF, Chris ran an energy consulting practice providing services to utility companies throughout North America. Earlier in his career, he worked at Accenture, an international consulting firm, and Colony Capital, a private real estate investment firm.

Chris is a frequent speaker on tax-advantaged financing with an emphasis on renewable energy and related tax credit programs. His current and past board service includes Portland Family of Funds, Albina Head Start and the Oregon Humane Society.

MBA, Real Estate and Finance, Leeds School of Business, University of Colorado
BS, Computer Science, University of California at San Diego
BA, French Literature, University of California at San Diego

Colin Rowan, Senior Vice President
colin@portlandfunds.com

Colin develops investment strategies, raises investment capital and structures investments and loans. He has participated in the closing of transactions with a combined total project cost of over $2.3 billion. Colin has managed a variety of projects with unique and challenging attributes, including The Gerding Theater at the Armory (LEED Platinum theater and community hub in Portland, OR); Community Medical Center (ambulatory care facility in Fresno, CA); and Vanport Square (LEED Silver-designed commercial condominiums targeted for small-to-medium sized local business ownership in Portland, OR). He has also provided extensive technical assistance to non-profit groups and small local developers.

Colin has over 14 years experience in investment banking, private equity, business development and product marketing. He was formerly Vice President with Doyle & Boissiere LLC, a $100 million private equity fund. He was also an investment banker with Alex. Brown & Sons and Senior Product Manager for Guidant Corporation, a leading global medical device manufacturer.

Colin serves on the board of Portland Family of Funds and numerous civic boards and advisory groups.

MBA, Harvard University
BA, Politics, Princeton University

Cam Turner, Senior Vice President
cam@portlandfunds.com

Cam develops investment strategies, raises investment capital and structures investments and loans. He has participated in the closing of transactions with a combined total project cost of over $2.3 billion. Cam serves as managing director for the Portland Small Business Loan Fund, which provides short- and long-term real estate and business financing for micro-enterprises and small businesses.

Cam has 15 years experience in real estate and corporate transactions, including private equity, structured finance, tax credit syndication, and business formation. Prior to joining PFF, he was an attorney with Schwabe, Williamson & Wyatt, P.C., focusing on securities and mergers and acquisitions.

Cam serves on the boards of the Council of Development Finance Agencies, Metro Natural Areas Bond Oversight Committee, New Markets Tax Credit Coalition, Portland Family of Funds, and the Portland Plan Advisory Board.

Cam is a frequent speaker on tax credit and tax-advantaged financing, green buildings and community impacts, with recent presentations at conferences hosted by Novogradac & Company, the Council of Development Finance Agencies, the National Housing and Rehabilitation Association and New York City Economic Development Corporation.

Cam enjoys telemark skiing, rock climbing, running, and playing with his sons in his free time.

JD, Northwestern School of Law at Lewis & Clark College (cum laude)
BA, Philosophy, University of Utah (cum laude)
Member, Oregon State Bar
Licensed to practice before U.S. Tax Court

Neal Sacon, Chief Financial Officer
neal@portlandfunds.com

Neal is PFF's senior executive in charge of financial and asset management operations. Prior to joining PFF, Neal provided advisory and tax compliance services to Fortune 500 companies and tax credit syndicators in connection with $750 million of tax credit derived equity investment at Deloitte. His 20+ year background in law and finance includes investment partnerships and joint ventures, tax credit syndication, investment due diligence, and transaction negotiation and management.

Neal is very active outside of the office. He was the first President of the Portland Community Land Trust and currently serves as an advisory board member. He also serves as chief of his community’s volunteer fire department, field coordinator for Wind River Search & Rescue, and staff member with the Skamania County Department of Emergency Management.

LL.M., Boston University School of Law
JD, Suffolk University Law School
BA, Simon's Rock Early College
Admitted to practice, Massachusetts and Washington State Bars

Nathan Kennedy, Senior Associate
nathan@portlandfunds.com

Nathan structures investments and loans and tracks and evaluates the deployment of invested capital. Nathan has over seven years experience in commercial real estate, investment banking and corporate finance. He was formerly an associate with iStar Financial, a specialty finance company focused on the commercial real estate industry, where he participated in the closing of over $1.3 billion in financings. Previously, he was an investment banker with Lazard Ltd and a finance analyst for Intel Corporation.

Nathan has served on the Board of Big Brothers Big Sisters in Maui, and has been a member of the Urban Land Institute since 2005. In his spare time he enjoys playing soccer, skiing, camping, and spending time with his dogs.

BS, Economics, University of Pennsylvania
LEED-Accredited Professional

Audrey Watson, Associate
audrey@portlandfunds.com

Audrey structures investments and loans and tracks and evaluates the deployment of invested capital. She has over six years of experience in the financial analysis, project management and asset management of real estate investments. Prior to joining PFF, Audrey was a Financial Analyst and Asset Manager with Bean Investment Real Estate, and a Senior Associate Analyst with Centerline Capital Group, where she managed the acquisition process for 38 multifamily housing developments totaling $224 million in low-income tax credit financing.

Audrey has volunteered with Big Brothers Big Sisters and enjoys traveling in her spare time.

BS, Business Administration/Finance, Marshall School of Business, University of Southern California (Magna cum laude)

Sarah DeVries, Associate
sarah@portlandfunds.com

Sarah structures investments and loans and tracks and evaluates the deployment of invested capital. She has over seven years of experience in the financial analysis, loan underwriting, project management and compliance of real estate investments. Prior to joining PFF, Sarah was a Senior Acquisitions Analyst with PNC Real Estate where she closed 28 transactions using Low Income Housing Tax Credits and Historic Tax Credits. She was also an Administrative Analyst with the City of Salem's Urban Development Department, and a Project Specialist with the Portland Development Commission.

Sarah serves on the Advisory Board of the Center for Women, Politics and Policy and has volunteered with Transitions Projects Inc., Friends of Trees, Girl's Inc., and the Immigration and Refugee Community Organization. In her free time, she enjoys working on her home with her husband, gardening, reading, biking, and running.

Master's Certificate, Real Estate Development (candidate), Portland State University
BA, Political Science and International Studies, Portland State University

Kat Kocurek, Analyst
kat@portlandfunds.com

Kat assists in the analysis, underwriting, structuring, and closing of potential investments in real estate and renewable energy projects. She was formerly an Administrative Assistant with Harvard College, and an intern with Dawn Clark Productions, Root Cause Consulting, and the Centers for Disease Control and Prevention.

Kat was very active at Harvard University, serving as the Team Captain of the Women's Varsity Volleyball team and as a founding member of the student board of the Harvard Food Literacy Project. She enjoys hiking, yoga, traveling, and reading John Steinbeck.

BA, Economics, Harvard University

Stephen Scates, Communications Manager
stephen@portlandfunds.com

Steve oversees the marketing and communications functions of the firm. He is responsible for strategy, web/print marketing, public relations and media, corporate communications, events and conferences, and project impacts reporting. Steve has 16 years of experience as a communications professional in community development, publishing, and advertising. Prior to supporting PFF during its genesis, he worked as Art Director for KinetiComm, a PR firm; graphics contractor with the Portland Development Commission; Art Director for Productivity Press, a business publisher; and Senior Designer with KBSS, Inc., an ad agency in Eugene, OR. He also founded Graphiquorum Design Services, a freelance practice in Portland.

Previously, Steve served five years of active and reserve duty in the U.S. Army Light Infantry and deployed for a tour of duty in Panama during Operation Just Cause. He enjoys hiking with his wife and two dogs, motorcycling, camping, gardening and leatherworking.

AAS with honors, Graphic Design, Lane Community College
Professional Writing Certificate, Portland State University
Small Business Management Program, web design coursework, Portland Community College
Illustration & Design Program, City College of San Francisco

Catherine Marel, Treasurer
catherine@portlandfunds.com

Catherine is responsible for all treasury management and accounting functions for PFF. She has 11 years experience running business financial controls and operations.

Previously, Catherine worked in the editorial department of WH Freeman & Co. Publishing in New York, and served as finance manager for a local organic tea company. She enjoys traveling in her free time.

MBA, Finance, Portland State University
BA, Archaeology, Binghamton University
BA, Biology, Binghamton University

Luke Peterson, Accounting Manager
luke@portlandfunds.com

Luke is responsible for managing general accounting activity for PFF and related entities including A/P and A/R, internal control monitoring, and maintenance of financial statements. Luke has six years experience in public accounting.

He was formerly an accountant with TKW CPA Firm where he concentrated on testing internal controls and supervising audits of governmental entities. Previously, he prepared tax returns for small companies and individuals at Smerdon & Brewer. He enjoys playing basketball in his free time.

BS, Accounting, Finance, Portland State University
CPA License, State of Oregon

Kala Biittner, Asset Manager
kala@portlandfunds.com

Kala is responsible for managing project level accounting activity for PFF and related entities including transactional accounting, compliance testing and informational reporting for a diverse portfolio of properties and holdings. Kala has six years experience in public accounting.

She was previously an accountant with Maginnis & Carey, LLP where she conducted business audits, and Les Whitworth CPA where she concentrated on tax returns, financial statements, and bookkeeping. In her spare time she enjoys running.

BS, Accounting, Portland State University

Hannna Scherfig, Staff Accountant
hannah@portlandfunds.com

Hannah supports PFF's Finance and Accounting Group and is generally responsible for accounting, bookkeeping and asset management. She has three years experience in bookkeeping and office management.

Hannah has volunteered with Big Brothers Big Sisters and enjoys snowboarding, wakeboarding, biking, hiking and kayaking.

BS, Business Administration/Finance, Montana State University
Studies abroad, International Business, Florida State University - Panama City, Panama

Angelo Meaderds, Staff Accountant
angelo@portlandfunds.com

Angelo supports PFF's Finance and Accounting Group and is generally responsible for accounting, bookkeeping and asset management. He has one year of experience in public accounting, previously employed with Daren B. Tanner P.C., where he audited financial institutions.

In his free time, Angelo enjoys basketball, playing piano and guitar, volunteering in the music department at a local church, and spending time with family and friends.

MSFA, Financial Analysis (candidate), Portland State University
BS, Business Administration/Accounting, Eastern Oregon University

Yupin Sinit , Accounts Payable Clerk
yupin@portlandfunds.com

Yupin is primarily responsible for supporting the accounting staff of PFF in administrative matters. She has worked in many industries and first started her accounting career in Bangkok, Thailand, where she completed an Associate's degree in business. She also served at the Joint Voluntary Agency of the U.S. Embassy in Bangkok before putting her career on hold to raise her two children. She later worked with GAW Electric as an accountant prior to joining PFF.

Yupin and her family have always been very active in the community, volunteering at their local schools, library, community center and Thai Association. In her spare time, she enjoys gardening and cooking.

Tracy Amaral, Administrative & Operations Manager
tracy@portlandfunds.com

Tracy oversees and manages all aspects of the operations of PFF, including all human resource activity. Tracy previously worked as a legal assistant at Schwabe, Williamson & Wyatt, P.C., and most recently at Harsch Investment Properties in commercial real estate. She supported various Senior Vice Presidents managing portfolios in retail and industrial commercial properties. Tracy emphasized on operations, property management, and quarterly and regional reporting.

She enjoys fitness and health, traveling, reading, and spending time with her son.

BS, Criminal Science and Psychology, Portland State University
Licensed Real Estate Agent, State of Oregon

Karah Lockman, Administrative Assistant
karah@portlandfunds.com

Karah manages the needs of the office and staff and supports senior management. She also coordinates the Green Operations Plan and Volunteer Program. Karah was formerly an Academic Coach for High Tech High North County and an Architectural Assistant with M.S. Walker & Associates, Inc. Previously, she served as a Special Events Coordinator for the volunteer center at Pepperdine University.

In her free time, Karah enjoys camping, hiking, rock climbing, and painting.

BA, Political Science, Pepperdine University