Elliot Shirwo Joins Casco Capital Management

NEW YORK and LOS ANGELES, Jan. 09, 2019 (GLOBE NEWSWIRE) -- Casco Capital Management, LP, a global private investment firm that plans to manage a real estate debt and equity fund, today announced that Elliot Shirwo has joined the organization as a principal.

Elliot Shirwo

Shirwo brings to Casco more than two decades of relevant experience serving real estate, finance, legal and family office communities. Prior to joining Casco, Shirwo was founder and principal of BridgeCore Capital, a private bridge lender, and held a nine-year career with Bolour Associates, a privately-owned real estate investment, development and finance company, where he oversaw its private mortgage lending business and shared responsibility for the operational and investment activities of its family office.

Previously, Shirwo was general counsel and secretary of Peerless Systems Corporation, a publicly traded company, and served as a board member of its foreign subsidiary.  Before Peerless, he was in private legal practice, specializing in real estate, insurance and intellectual property transactions and litigation.

“We welcome Elliot to further strengthen our senior level expertise in capital development, sourcing and executing real estate investments across multiple capital structures, asset classes and geographies,” said managing principal Denny Jacobus. “We have had a decade-long relationship with Elliot, who has a deep understanding of the real estate industry along with the multi-generational needs of family wealth creation and preservation. He is a highly respected and well-known industry leader in the commercial real estate sector throughout the United States, and he will be an invaluable partner in our business.  BridgeCore Capital’s operations will be incorporated into Casco as a wholly owned subsidiary, providing Casco with an additional effective origination platform,”  Jacobus added.

“It is a privilege to join Casco and its esteemed team of real estate and investment professionals,” said Shirwo. “I look forward to working closely with the high caliber team they have assembled as we apply deep market insight, operational expertise, sound governance practices, and longstanding sponsor relationships to create a strong, sustainable investment platform.”

About Casco Capital Management

Casco Capital Management, LP is a global private investment firm that plans to manage a real estate debt and equity fund.  Casco was founded in 2018 in concert with the family office of Albert B. Glickman & Associates, which was established in 1965 by Albert B. Glickman. The fund’s investment strategy will be primarily focused on making or acquiring equity and debt investments in real estate and real estate-related businesses, across the spectrum of commercial real estate products, with the ability to adjust to changes and/or opportunities as they arise.  Casco seeks to manage capital by focusing on capital preservation, while generating above-market risk adjusted returns.  Casco’s principals, including Denny Jacobus, E. Clark Copelin and Elliot Shirwo, are established real estate investment professionals with more than 50 years of combined experience across a broad spectrum of the commercial real estate sector.

For More Information, Contact:
Elliot Shirwo
BridgeCore Capital, Inc.
310-426-8751
[email protected]

Media, Contact:
Roger Pondel
PondelWilkinson Inc.
310-279-5980
[email protected]

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cf867f20-56d4-4f65-9ad6-49526a55bd1d