Frank Kelso

Senior Associate, Special Situations


Frank Kelso identifies, researches, and underwrites investment opportunities, focusing on distressed and complex situations.

Frank was previously a senior long and short equity research analyst at Pine River Capital Management, a global multi strategy hedge fund. He supported the senior portfolio manager and company partners with original long and short investment recommendations. His coverage universe included REITs, homebuilders, building products, as well as other industry verticals. He also provided in-depth research, financial models, earnings estimates, price targets, and assisted in the portfolio management of over 1 billion in long market value.

Prior to his hedge fund experience, Frank was an acquisitions associate for national real estate private equity firm Berkshire Group. In this role he conducted corporate and asset level underwriting, due diligence, and asset management for all major commercial property types.

Frank’s first position was as a real estate and lodging analyst in Citigroup's investment banking division. He contributed to all aspects of M&A, strategic advisory, underwriting, as well as debt and equity financing at the corporate and asset levels.  

Frank earned his undergraduate degree in Chemistry from Wake Forest University. He is Series 79 and 63 certified.