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Heath Forusz

Founding Partner & CEO of Conquer Dawn

25+ years of CRE debt, equity and distressed experience in Europe and US

Founder & Managing Partner- Blackbear Capital Partners LLP (2016 – Present)
Established and built a pan-European CRE debt & JV equity correspondent business.
Manage diverse and direct deal flow on both debt and equity opportunities.
Structure and source capital for complex CRE investment and development projects.

Founder & Head of Tyndaris Real Estate – Tyndaris LLP (2012 – 2015)
Established and managed the Real Estate business at Tyndaris.
Led the fundraising and establishment for the inaugural €350 million investment fund off of the Tyndaris platform primarily focused on mezzanine and opportunistic real estate credit investments.
Portfolio Manager for Tyndaris European Commercial Real Estate Fund (TECREF).

Head of EMEA Commercial Real Estate Capital Markets & Principal Trading Deutsche Bank (2004 – 2011)
Structured, priced and originated more than €25 billion of CRE loans in Europe.
Managed a CRE and CMBS Trading & Loan book with typical market value greater than €10 billion.
Led the structuring, syndication and/or distribution of over €45 billion of loans and securitizations across North America and Europe.

CRE & CMBS Principal Trading – Goldman Sachs
Structured, priced and traded various CRE, CMBS and Project Loan transactions.

Other
Board Member, EUCO Rail AG (2023 – Present).
Board Member, Michels & Taylor (2023 – Present).

Education: The Wharton School of Business, University of Pennsylvania (1992 – 1996)

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John Nacos

Co-Founder of Conquer Dawn

30+ years of CRE debt, equity and distressed experience in Europe, US and Asia

Founding Partner of EG Real Estate Advisors (2014 – Present)
Oversaw investment strategy, fund raising and management of Real Estate Investment business.
Acquisition of control stake in CA Immo and former Board Member (2016-2023).

Global Head of Commercial Real Estate – Deutsche Bank (2009 – 2011)
Oversaw 500 people and over €50 billion of CRE-related assets.
Re-opened US CMBS market.
Established market leading US Special Situations business (sold to TPG).

Head of EMEA CRE & Global Head Real Estate Special Situations – Deutsche Bank (2001 – 2009)
Established premiere and largest pan-European CMBS business (over €10 billion of issuance) with one of the lowest realized losses to date.
Structured and financed some of the most complex and innovative CRE European financings.
Acquired €3 billion face value of European NPLs and made direct investments into over €1 billion of CRE.
Established the predecessor company to CR Investment Management.

Head, Mortgage Capital EMEA – Merrill Lynch (1996 – 2000)
Established Merrill Lynch’s European mortgage financing and MBS/ABS trading business.

Other
Supervisory Board Member (CAI), Remuneration & Investment Committee Member (CAI) (2016 to 2023).
Advisory Board Member (CR Investment Management) (2015 to 2021).
Advisory Board Member (Laurus Property Partners) (largest German CRE mortgage broker) (2015 to Date).
Former Board Member (O1 Properties) (largest Moscow office landlord) (2011 – 2015).

Education: Harvard College, cum laude (1989)

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Michael Stanton

Co-Founder of Conquer Dawn

35+ years of Banking, Finance, Real Estate and Investment experience in the US and Europe

Private Equity Real Estate & Real Estate Finance (2019 – Present)
Founder and Director iO Partners and acquisition of JLL franchise in CEE – ( 2023 – Present).
Founder and Director Thunder Capital (Luxembourg) – (2022 – Present).
Consultant with Blackbear Capital ( 2020 – 2022 ).
Portfolio Manager for FFF Real Estate Fund ( Luxembourg based Fund) in 2019.

Founding Partner of EG Real Estate Advisors (2015 – 2018)
Acquisition of control stake in CA Immo, Board Member 2014 – 2022.
Oversaw restructuring of CA Immo resulting in FFO increasing by 200% within 4 years.

Chief Investment Officer and Member of Board of Directors – O1 Properties ( 2006 – 2015)
Built O1P into one of the largest and most profitable office landlords in Russia.
Acquired and divested over $5 billion of property, including raising $450 million for Vivaldi Plaza fund (predecessor O1P vehicle).
Negotiated the sale of a minority equity stake to Goldman Sachs.

Portfolio Manager – Oppenheimer & Co. / Partner – GLS Capital (1996 – 2005)
Portfolio Manager for a global emerging markets hedge fund.

Privatization Advisor, Managing Director and Head of Corporate Finance – Deloitte ( CEE) (1994 – 1996)
Privatization Advisor to the Hungarian Government under a US AID project managed by Deloitte and subsequently appointed MD and Co-Head of Corporate Finance for Deloitte in CEE.

Chief Financial Officer, US Operations – Westpac Banking Corporation ( 1986 – 1994)
Various positions in corporate banking and strategic planning.

Other
Former Supervisory Board Member (CA Immo), Investment, HR & Audit Committee member (CAI).
Former Board Member (O1 Properties) (largest Moscow office landlord).
MBA, University of Michigan (with distinction).
B. Comm. and LLB. University of New South Wales, Australia.

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Viacheslav Nazarov

CIO of Conquer Dawn

20+ years of Engineering, Development and Real Estate Investments in Europe and CIS

Chief Investment Officer Conquer Dawn Limited (2021 – Present)

Private advisory and consulting for Real Estate investments in the UK and Europe (2019 – Present)
Bespoke advisory services to HNWI investors on Real Estate investments.
Underwriting, due diligence, transaction structuring and management.

Member of the board and Investment director at Vesper Real Estate (2011 – 2018)
Established and managed Real Estate transactions of the group since its incorporation.
Led its European expansion and development projects abroad.
Managed M&A transactions and equity / debt fundraising.

Project Director at AFI Development Israel, CIS (2006 – 2010)
Project management for signature multifunctional development projects (residential, commercial, infrastructure).

Engineering Director at Lockwood Greene International USA, CIS (2001 – 2005)
Engineering and Design Director for complex industrial projects of the top brands (Philip Morris, Michelin, Kraft Foods).

Education (1996 – 2001)
Tampere Polytechnic University (Finland).
Moscow State University of Civil Engineering

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