Lawrence Mendelsohn, Chairman & Chief Executive Officer

Mr. Mendelsohn is a founder, and has been a partner since 1995, of Aspen Capital, a private equity firm with expertise in residential, commercial, and distressed securities. He currently serves as the Chairman of the Board of Directors and Chief Executive Officer of Great Ajax Corp and the President of Thetis Asset Management since June 2014. Since 2002, he has been the managing member of Flanders Street Capital Management LLC, which manages distressed corporate debt and equity, financial services and REIT investments; from 1998 through 2002, he was President and a Director of Fog Cutter Capital Group Inc. (formerly Wilshire Real Estate Investment Trust Inc.); from 1994 to 1999, he was President and Director of Wilshire Financial Services Group; from 1991 to 1993, he was Head of Emerging Markets Debt and Equity Capital Markets at Bankers Trust New York Corporation; and from 1987 to 1991, he was Head of U.S. Equity and Distressed Securities Proprietary Trading at J.P. Morgan Securities. He has an A.B. in Economics from the University of Chicago, an M.A in International Politics from the University of Texas and completed all but his dissertation for a Ph.D. in Finance from the University of Southern California.

Russell Schaub, President

Mr. Schaub has been with Aspen Capital since 2010, and currently serves as the President of Great Ajax Corp. He serves as Chief Executive Officer of Gregory Funding LLC, the Property Manager of Gaea Real Estate Corp. and Servicer of Great Ajax Corp., since April 2013. He brings over 30+ years of experience in mortgage and other consumer lending. In 2008, he founded and was managing member of Shackleton Capital Partners, a private equity firm specializing in mortgage and real estate opportunities; from 2003 to 2008, he held executive positions at Chase Home Finance and Citibank Credit Cards; from 2001 to 2002 he was President and Chief Executive Officer of TrueCredit, a Lehman Brothers-funded venture that he sold to TransUnion. Previously, he held senior positions at Citigroup and Chemical Bank in their mortgage, home equity, credit card and banking businesses. Mr. Schaub has an A.B. in Economics from the University of Chicago and an M.B.A. in Finance and Marketing from the University of Chicago Booth School of Business.

Mary Doyle, Chief Financial Officer

Ms. Doyle has been Chief Financial Officer of Aspen Capital since April 2016 and currently serves as the Chief Financial Officer of Great Ajax Corp and the Chief Financial Officer of Thetis Asset Management, and Gregory Funding LLC. Previously, she served as Senior Vice President of Finance from 2014 to 2016 and as Senior Advisor to the Chief Financial Officer from 2012 to 2013 at Nationstar Mortgage. From 2011 to 2013, she was Senior Advisor to the Chief Financial Officer and Acting Tax Director at Aurora Bank FSB, a subsidiary of Lehman Brothers Holdings; from 2010 to 2011, she was Chief Financial Officer at Arch Bay Capital, an investment firm specializing in the real estate and mortgage industries. Prior to that, she worked at Fannie Mae, Sallie Mae, Arthur Andersen and KPMG. Ms. Doyle has a B.B.A. in Marketing from the University of Texas and an M.S. in Accounting from the University of Houston.

Lauren DeMasi, General Counsel

Ms. DeMasi has been the General Counsel of Aspen Capital and its affiliated entities since February 2020. Prior to Aspen, Ms. DeMasi was the Director of Legal at a real estate crowdfunding startup, shareholder at the law firm of Lane Powell in Portland, OR, and spent ten years in the tax and corporate departments at the law firm of Schulte Roth & Zabel in NYC. She has a BA from the Pennsylvania State University and a JD from Cornell Law School.