The following summarizes biographical information for Senior Executives and select Non-Executive Personnel of TFG:
Other Senior Staff Members
Chief Executive Officer
Chairman of the Forestland Investment Committee
Dr. Zinkhan oversees investments and operations of TFG, develops investment strategy, and chairs both the Management and Forestland Investment Committees of TFG. He also serves as Chairman of the Board of Anderson-Tully Company and has held the executive position of all other fund-affiliated Forestland Interests since their inception. Dr. Zinkhan was a founder of TFG in 1995 and has served as an officer of TFG since its organization.
Dr. Zinkhan was the co-author of Timberland Investments: A Portfolio Perspective (Timber Press, 1992), the first book to address Forestland as a separate asset class for the portfolios of individual and institutional investors, and the investments chapter contained in the text, Forests in a Market Economy (Kluwer Academic Publishers, 2003). An example of his pioneering research in forest finance was the application of option pricing to timberland valuation which has been cited in the 1997 Nobel lecture by one of the two laureates in economics and in NASA-funded research on strategic technology selection at the Jet Propulsion Laboratory. He speaks regularly at regional, national, and international forestry and investments conferences and lectures on forest finance at various universities. Among other previous positions, he served as Holding Professor of Finance and Dean at Campbell University’s Lundy-Fetterman School of Business, Associate Professor of Forest Finance at the University of Georgia’s Warnell School of Forest Resources, and Senior Credit Analyst in the Corporate Banking Division of First National Bank of Maryland. He directed the establishment of a Center of Banking and Finance at an HBCU institution in Charlotte, North Carolina and taught economics and free enterprise at an Appalachian student-work college in Pippa Passes, Kentucky. Dr. Zinkhan holds a B.A. from Franklin and Marshall College, M.F. (in forest management) and M.B.A. degrees from Duke University, and a D.B.A. in finance from Mississippi State University.
Among other professional activities, Dr. Zinkhan has served as an expert witness on forest valuation for the U.S. Department of Justice and is on the Boards or Advisory Committees of the Forest History Society, the Hardwood Checkoff Initiative, the Hardwood Research Trust, the National Alliance of Forest Owners, the International Society of Forest Resource Economics, Mississippi State University’s Department of Forestry, Duke University’s Forest Finance Initiative, the University of Georgia’s Warnell School of Forestry and Natural Resources, and West Virginia University’s Davis College of Agriculture, Natural Resources, and Design.
Managing Director and Senior Vice President – Dispositions
Mr. Jenkins has primary responsibility for coordinating negotiations and due diligence for Forestland dispositions. Mr. Jenkins joins Dr. Zinkhan on both TFG’s Management Committee as well as the firm’s Investment Committee. As well, he serves on the Board of Directors for the fund-affiliated Yalbac Ranch & Cattle Corporation and is Vice-Chairman of Anderson-Tully Company.
Mr. Jenkins joined TFG immediately after its organization as its first professional employee and has served in a variety of capacities. Previously, he managed acquisition due diligence and served as Vice President and Director of Forestland Operations with responsibility for the day-to-day land management activities across all properties of the Prior Affiliated Funds. Prior to that role, he was the Director of Investment Operations where he managed the investment analysis process. Mr. Jenkins started his career with TFG as the Director of Financial Operations, assisting Dr. Zinkhan in developing the initial analytical, accounting and investment processes within the firm.
Before joining TFG, Mr. Jenkins was the Director of Corporate Finance and Administration at a large southern forestry-consulting firm. In this capacity, his primary focus was acquisitions-related advisory work, including valuation analysis and transactional negotiations—especially with the developing TIMO industry. His entire professional career has been in the institutional timberland sector.
Mr. Jenkins holds a B. A. from the University of Virginia and received his M.S. in Management from North Carolina State University, with a focus in forest economics and timberland investments. He served in the U.S. Army Reserve as an intelligence analyst and marksmanship instructor. Mr. Jenkins is a member of the Society of American Foresters and numerous conservation organizations and serves on the Wildlife and Landscape Conservation Committee of the Chesapeake Conservancy as well as the Board of Directors of the Bald Head Island Conservancy. In addition, he sits on the Board of Directors for the Central Virginia Chapter of the Juvenile Diabetes Research Foundation (JDRF).
Senior Vice President – Forest Operations
Mr. Hincher is Senior Vice President – Forest Operations with overall responsibility for overseeing forest management activities on all properties. He has direct responsibility for each Regional Director of Forestland Operations in the Great Lakes, Appalachia, Northeast, South, and Central America. He also serves on the Board of Directors or as an officer of some of the fund-affiliated Forestland Interests. Previously, Mr. Hincher served as Vice President – Forest Operations and Director of Forestland Operations for the Appalachian Region.
Prior to his employment with TFG in 1998, Mr. Hincher served as Forest Resource Manager for Pittston Coal Company where he managed 140,000 acres of forestland and its hardwood sawmill operations. In addition, he served as President of Mountain Forest Resources, a subsidiary of Pittston Coal. Prior to his employment with Pittston Coal Company, Mr. Hincher was Procurement Forester for Louisiana-Pacific Corporation where he was responsible for wood procurement in a five-state area.
Mr. Hincher has a B.S. in forestry from Virginia Polytechnic Institute and State University. He is a Registered Forester in West Virginia and a certified forester under the Society of American Foresters. Professionally, Mr. Hincher is actively involved in various state forestry associations and the Society of American Foresters. Mr. Hincher serves on the board of the Powell River Project, a forestry and minerals research organization affiliated with Virginia Tech as well as the University’s Advisory Board for the Department of Forest Resources and Environmental Conservation. Mr. Hincher also serves on the Board of Directors of the Holston Conference Foundation, a United Methodist Church planned giving and financial preservation non-profit organization.
Blake Stansell, III
Senior Vice President – Investments
Mr. Stansell is Senior Vice President – Investments with primary responsibility for Forestland acquisition due diligence, valuation modeling, timber and timberland market analysis, and coordination of third-party appraisals. He is also involved in valuation activities for Forestland dispositions. He serves on the Board of Directors or as an officer of some of the fund-affiliated Forestland Interests. Prior to his current role, Mr. Stansell served as Vice President-Investments and Senior Director of Investment Analysis.
Prior to his employment with TFG in 2000, Mr. Stansell was the Senior Associate Appraiser for Canal Forest Resources in Charlotte, North Carolina. At Canal, Mr. Stansell completed a variety of timberland valuation and investment analysis projects including developing valuation analysis for specific properties, writing appraisal reports, and tracking timberland market trends.
Mr. Stansell has a B.S. from Presbyterian College and a Master of Forest Resources from the University of Georgia’s Warnell School of Forest Resources in Forest Business Management. He is a Registered Forester in North Carolina.
Lin Thornton, II
Senior Vice President and Chief Financial Officer
Mr. Thornton is Senior Vice President and CFO with primary responsibility for financial management and administration. Prior to his current role, Mr. Thornton served as Vice President & CFO and Senior Director of Fund Administration with primary responsibility for all administrative activities. Mr. Thornton engages in selected acquisitions/dispositions involving specialized financial management issues, and oversees all financial-related matters for the Prior Affiliated Funds and TFG. In addition he serves on the Board of Directors or as an officer of some of the fund-affiliated Forestland Interests, and directs all New Market Tax Credit loan-related activities associated with the Prior Affiliated Funds.
Prior to his employment with TFG in 2001, Mr. Thornton was the Vice President of Finance and Chief Financial Officer of Carolina Packers, Inc., a North Carolina-based agribusiness concern, and its related entities. Based in Smithfield, North Carolina, its diverse activities included agriculture, food processing and real estate development. In addition to his financial responsibilities, Mr. Thornton led the company’s expansion projects and real estate acquisition, development and marketing efforts. Mr. Thornton was previously employed as a Senior Accountant in Taxation at Coopers & Lybrand, LLP in Raleigh, North Carolina. In addition, Mr. Thornton served eight years both as an active duty and reserve officer in the United States Army Field Artillery.
Mr. Thornton has a B.B.A. in Trust Management from Campbell University and a B.S. in Accounting from Methodist College. He earned an M.B.A. from Campbell University and a Masters of Accounting from the University of North Carolina at Chapel Hill. He is a member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants. Mr. Thornton also serves on the Board of Directors of Carolina Packers, Inc.
Kaarsten Turner Dalby
Vice President – Ecological Services
Ms. Turner Dalby is Vice President – Ecological Services. Her management responsibilities include oversight of the FSC™ certification program, and TFG’s efforts to generate increased revenues from a diversity of ecological services including sales of carbon credits, working-forest conservation easements, leasing of wind-energy rights, and monetization of non-timber attributes associated with forestland ownership. In addition, Ms. Turner Dalby is involved in the development and implementation of forest management plans involving TFG’s operational staff and non-affiliated forestry management consultants. In her previous position, Ms. Turner Dalby was Senior Director – Ecological Services. Prior to her current roles in ecological services, Ms. Turner Dalby served as Director of Forest Information Systems with management responsibility for the design and implementation of TFG’s Forest Information System. Previously, Ms. Turner Dalby served as a Forest Information Analyst and started her employment with TFG as an intern in July of 1998.
Prior to her employment with TFG in 1998, Ms. Turner Dalby consulted with a Boston-based TIMO where she identified and researched a diversity of parameters for agroforestry ventures with non-industrial private landowners in New Zealand. She has worked for a number of domestic and international conservation organizations on public and private land management issues.
Ms. Turner Dalby has a B.A. from Smith College and an M.S. from the University of Montana School of Forestry, and an M.B.A. from the University of North Carolina’s Kenan-Flagler School of Business. She has professional affiliations with the Society of American Foresters and the Forest Stewards Guild. Currently, Ms. Turner Dalby serves on the Board of Directors for the World Forestry Center.
Dr. Alex Finkral
Dr. Finkral is The Forestland Group’s Chief Forester, with responsibility for advising the TFG regional forestry staff and TFG’s forest management consultants on silvicultural and forest management planning issues. In addition, Dr. Finkral manages research efforts aimed at improving forest management practices on TFG-owned properties.
Prior to his employment with TFG, Dr. Finkral was an Assistant Professor of Forest Management at Northern Arizona University’s School of Forestry where he taught courses in Forest Stand Dynamics, Forest Ecosystem Assessment, Forest Operations, Silviculture and Fire Applications. Prior to his faculty position at Northern Arizona University, Dr. Finkral was the manager of Yale University’s School Forests.
In addition to his experience in North American forests, Dr. Finkral has worked on forestry research and management projects in Bosnia-Herzegovina, Republic of the Congo, Honduras, Peru, Sri Lanka, Turkey, and Fiji.
Dr. Finkral holds a B.S. in Natural Resource Management from Colorado State University and M.F. and Ph.D. degrees from Yale University’s School of Forestry and Environmental Studies. He is a Certified Forester in the State of Connecticut, a member of the Forest Stewards Guild and the Society of American Foresters, and a member of the USDA Forestry Research Advisory Council.
Benjamin R. Tarbutton
Vice President – Investor Relations
Mr. Tarbutton oversees business development, marketing, and investor relations activities of TFG.
Prior to his employment with TFG in January 2016, Mr. Tarbutton was a co-owner and manager of Seaboard Operating Company LLC, a family-owned investment vehicle overseeing the management of significant timberlands located in central and southeast Georgia. He also was engaged in commercial real estate investing and management. From 1996-2006, Mr. Tarbutton was an attorney with the Sutherland law firm in Atlanta, Georgia, where he worked extensively on a wide variety of commercial real estate transactions, with a specific focus on acquisitions and dispositions of timberlands, joint-venture formations, and acquisitions and dispositions of portfolio properties for institutional investors. He represented TFG in multiple transactions.
Mr. Tarbutton received a B.A. from Vanderbilt University and a JD/MBA from the University of Georgia.
Mr. Tarbutton serves on the Executive Committee of the Georgia Forestry Association, is a member of the Upper Oconee Regional Water Council, and is a former member of the Board of Directors of the Georgia Lottery Corporation. He is a member of the State Bar of Georgia and serves on the University of Georgia Law School Alumni Council.
Senior Director of Forest Operations – Great Lakes Region
Mr. Hagan is Senior Director of Forest Operations for the Great Lakes Region with responsibility for overseeing the on-the-ground management activities for the approximately 400,000 acres owned by the Prior Affiliated Funds in the region.
Prior to his employment with TFG in 1999, Mr. Hagan served as District Lands Manager for Mead Corporation where he managed over 100,000 acres of forestlands. Mr. Hagan’s experience also includes teaching natural resources management at Northland College and work for the Michigan Department of Natural Resources.
Mr. Hagan has a B.S. in forestry and an M.S. in forest ecology from Michigan Technological University. He is a Registered Forester in Michigan and a member of the Society of American Foresters, for which he received the President’s Award-“Outstanding Field Forester” in 2010. He serves on the Advisory Board to the School of Forest Resources and Environmental Science at Michigan Technological University, the Wisconsin Private Forestry Advisory Committee and the Iron County Deer Advisory Council. Mr. Hagan has served on several Michigan and Wisconsin Department of Natural Resources committees and is a past president of Copper Country Chapter of Trout Unlimited and served on the Elm River Township board as Planning Commission Chair and Supervisor.
Senior Director of Forest Operations – Northeast Region
Mr. Sampson is Senior Director of Forest Operations for the Northeast Region with responsibility for overseeing the on-the-ground management activities for the approximately 597,000 acres owned by the Prior Affiliated Funds in the region.
Prior to his employment with TFG in 2000, Mr. Sampson served as a Forest Management Analyst for Westvaco Corporation’s Appalachian Forest Operations. In addition, Mr. Sampson served as a Cooperative Forest Management Forester at Westvaco where he directed forest management regimes for non-industrial private landowners. Earlier in his career, Mr. Sampson worked as an associate forester with a leading forestry consulting firm.
Mr. Sampson has a B.S. in Industrial Forest Operations and an M.B.A. from Virginia Polytechnic Institute and State University. He is a member of the Society of American Foresters.
Senior Director of Geographic Information Systems/Information Technology
Ms. Martinez is the Senior Director of Geographic Information Systems and Information Technology with management responsibility for TFG’s operational plans and data integration for research and reporting. Responsibilities include digital mapping and reporting for fund properties, acquisition due-diligence mapping, mobile mapping, in-house technology training and technical support, and integration of GIS with the FIP system. Her IT responsibilities include maintenance and updating of hardware and software, server integration and remote access, disaster recovery plans, technology purchasing and IT support.
Prior to her employment with TFG in 1997, Ms. Martinez was a Research Associate at The Research Triangle Institute (RTI) in Research Triangle Park, North Carolina, focusing on the development and testing of national surveys. Prior to RTI, Ms. Martinez was with the Ministry of Works Head Office in Wellington, New Zealand, and was responsible for resource planning for Northland, New Zealand.
Ms. Martinez has a B.A. in Environmental Planning from the University of California Santa Cruz and an M.R.P. (Planning) from the University of North Carolina at Chapel Hill. Ms. Martinez is a Certified Geographic Information Science Professional (GISP) and Vice President of the ESRI Forestry Group.
Senior Director of Forest Operations – Appalachian Region
Mr. Kaderavek is Senior Director of Forest Operations for the Appalachian Region with responsibility for overseeing the on-the-ground management activities for the approximately 723,000 acres owned by the Prior Affiliated Funds in the region.
Prior to his employment with TFG in 2000, Mr. Kaderavek served as a Timber Management Supervisory Forester with the USDA Forest Service on the Jefferson National Forest, and a Forest Technology Instructor for the Associates in Applied Science degree program at Dabney S. Lancaster Community College. He also served two years with the Peace Corps in Honduras working on reforestation and soil stabilization projects.
Mr. Kaderavek has a B.S. in Forest Resource Management from West Virginia University. He is a Registered Forester in West Virginia and a Certified Forester with the Society of American Foresters.
Senior Director of Forest Operations – Southern Region
Mr. Norris is Senior Director of Forest Operations for the Southern Region with responsibility for overseeing the on-the-ground management activities for the approximately 760,000 acres on 23 properties owned by the Prior Affiliated Funds in the region.
Prior to his employment with TFG in 2004, Mr. Norris served as Senior Resource Forester for Plum Creek’s Macon, Georgia district where he managed over 130,000 acres of forestlands. His responsibilities included silvicultural programs, forest productivity, inventory systems, GIS, harvesting, and leasing programs. Prior to Plum Creek, Mr. Norris held positions in procurement, land management, and private landowner forest management assistance with Georgia-Pacific Corporation and The Timber Company. Mr. Norris’s experience also includes forestry educational outreach in North Carolina and Georgia to landowners, teachers, and grade school students.
Mr. Norris has a B.S. in Forest Resource Management from Virginia Polytechnic Institute and State University. He is a Registered Forester in North Carolina and a member of the Society of American Foresters, where he has served five times as Chapter Chair.
Senior Director of Forest Information Systems
Ms. Henderson serves as the Senior Director of Forest Information Systems (FIS). Her responsibilities include comprehensive inventory database management which includes establishing initial volumes by species at the time of property acquisition, maintaining current inventory volume through harvest removals, recognition of biological growth, property additions, management cruise volume updates, and disposition removals. In addition, Ms. Henderson works as a liaison for TFG as a member of the Southern Forest Resource Assessment Consortium. In this capacity, she provides information to the Chief Forester for potential research projects, and assists the Senior Vice President of Forest Operations in communicating with this organization. Previously, Ms. Henderson served as the Director of Forest Information Systems and assisted the former Director of FIS as a consultant to TFG in 2003 until being hired as a permanent employee in July of 2004.
Prior to her employment with TFG in 2004, Ms. Henderson was the Controller for the North Carolina office of a Pennsylvania-based information technology corporation. She worked in an accounting capacity for 15 years prior to returning to school for post-graduate work in forestry.
Ms. Henderson has a B.S. in Business Administration from Appalachian State University, and a Master of Forestry from North Carolina State University. She is a professional member of the Society of American Foresters. She is the 2016 Chair of the North Carolina Division of the Appalachian Society of American Foresters.
Associate Regional Director – Great Lakes Region
Mr. Fehringer is Associate Regional Director of Forest Operations for the Great Lakes Region with reporting responsibility to the Senior Director in overseeing the on-the-ground management activities for the approximately 620,000 acres owned by the Prior Affiliated Funds in the region.
Prior to his employment with TFG in 2003, Mr. Fehringer served as Forestry Coordinator and District Manager for International Paper Company where he directed harvesting and forestry operations on 230,000 acres of forestlands. Mr. Fehringer’s experience also includes forestry instruction at Michigan Technological University.
Mr. Fehringer has a B.S. in forestry from Michigan Technological University, where he also pursued post-graduate studies in Wildlife Management. He is a Registered Forester in Michigan and a member of the Society of American Foresters.
Senior Assistant Regional Director – Appalachian Region
Mr. Wilhelm is Senior Assistant Regional Director of Forest Operations for the Appalachian Region with reporting responsibility to the Senior Director in overseeing the on-the-ground management activities for approximately 280,000 of the acres owned by the Prior Affiliated Funds in the region.
Prior to his employment with TFG in 2003, Mr. Wilhelm served as Forest Technician II for MeadWestvaco where he directed harvesting and forestry operations on 140,000 acres of forestlands. Mr. Wilhelm’s responsibilities also included oversight of boundary line maintenance, road construction and tree planting programs.
Mr. Wilhelm has an A.A.S. in Forestry from Dabney S. Lancaster Community College. He is a Registered Forest Technician in West Virginia, a member of the Society of American Foresters and serves as a West Virginia Forestry Association Board Member.
Assistant Regional Director – Southern Region
Mr. Bailey is Assistant Regional Director of Forest Operations for the Southern Region with reporting responsibility to the Senior Director in overseeing the on-the-ground management activities for approximately 630,000 of the acres in the region.
Prior to his employment with TFG, Mr. Bailey served as a Forester and GIS/Data Specialist for American Forest Management, Inc. Mr. Bailey’s responsibilities included property management, GIS operations and mapping, forest inventory and auditing, and data management.
Mr. Bailey has a B.S. and M.S. in Forestry from the University of Tennessee. He is a Registered Forester in North Carolina and member of the Forestry Associations in Tennessee, Kentucky, and West Virginia. He is an active member of the Society of American Foresters, where he has served as East Tennessee Chapter Chair and Treasurer, Secretary/Treasurer, and Newsletter Editor for the Kentucky-Tennessee State Region. Mr. Bailey is also a proud Veteran of the United States Army ( 1987-92).
Director Timberland Transactions
Mr. Rorabaugh is Director Timberland Transactions and is involved with Forestland acquisition due diligence and valuation modeling as well as valuation and marketing activities related to Forestland dispositions. He also coordinates third-party appraisals and timber and timberland market analysis. Prior to his current role, Mr. Rorabaugh served as Forestland Analyst.
While in undergraduate and graduate schools, Mr. Rorabaugh held a diverse array of internships and other temporary positions, including timberland market and country risk analysis for First Forest GmbH in Munich, Germany, southern pine management for Weyerhaeuser Co.’s North Carolina Timberlands, consulting forestry work in Pennsylvania, and procurement and operations work for his family’s hardwood lumber mill in Pennsylvania.
Mr. Rorabaugh has a B.S. in Forestry from Virginia Polytechnic Institute and State University and a Master of Forest Resources from the University of Georgia’s Warnell School of Forest Resources in Forest Business Management. Professionally, Mr. Rorabaugh has presented research through the Southern Forest Economist Workers (SOFEW) organization and at the Center for Forest Business at the University of Georgia’s Timberland Investment Conference.
Mr. Schwartz is the Forestland Analyst, engaged in forestland acquisition due diligence and valuation modeling. He coordinates third-party appraisals and property-level timber inventories and provides fund-level budgeting support. In addition, he assists with timber-market analysis; supports efforts involving the forest information database and GIS system; and serves as a link between the operations, accounting, and transactional arms of the firm. Prior to his current role, Mr. Schwartz served as the Assistant Regional Director in the Southern Region.
Prior to his employment with TFG in 2012, Mr. Schwartz served as Resource Forester with the Missouri Department of Conservation where he assisted in the marketing and promotion of the state’s various timber products. He was also responsible for the management of state-owned forestlands, private landowner assistance, wildland-fire suppression, and other forestry-related public outreach assistance in a three-county district. Before his public-sector position, Mr. Schwartz worked for a private forestry consulting firm where, among other duties, he was responsible for the management of a TFG-managed property in Missouri. Mr. Schwartz also held a temporary position with MeadWestvaco’s Forest Research Division in northern Michigan and worked as a private forestry inventory and GIS contractor in the Central and Lake States.
Mr. Schwartz holds a B.S. in Forest Science from the University of Wisconsin and a Master of Science in Forestry from Michigan Technological University. He is a member of the Society of American Foresters.
Erika Viall, CPA, CGMA
Chief Accounting Officer
Ms. Viall is Chief Accounting Officer with overall responsibility for financial reporting, managerial accounting, and financial operations for the investment funds administered by TFG. Her primary financial management responsibilities are quarterly financial reporting, including fair value and foreign-exchange matters; financial return analysis; ensuring debt financing compliance; coordination of the annual audit; maintenance of an adequate system of accounting records; and ensuring that the fund’s accounting procedures conform to generally accepted accounting principles.
Prior to her employment with TFG in 2001, Ms. Viall was a Senior Accountant with Ernst & Young, LLP in Raleigh, North Carolina. At Ernst & Young, she performed all phases of financial audits for a diverse client base, including TFG. Previously, Ms. Viall was employed in accounting functions at regional public accounting firms in Louisville, Kentucky and Camp Hill, Pennsylvania. In addition, Ms. Viall was an Assistant Accountant with Duke Energy in Charlotte, North Carolina.
Ms. Viall has a B.S. in Accounting from North Carolina State University. Ms. Viall is a Certified Public Accountant in North Carolina, a Chartered Global Management Accountant and a member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants.
Valerie Holt Leary, CPA, CGMA
Financial Reporting Director
Ms. Leary is the Financial Reporting Director with primary responsibility for managing cash flow functions and associated treasury operations. In addition, she reports directly to the Senior Director of Financial Operations providing primary support in quarterly financial reporting and annual audits across all TFG affiliated Funds.
Ms. Leary began her career with TFG in 1998 and has worked as a Staff and Senior Accountant and Financial Reporting Manager across various accounting functions.
Ms. Leary holds a B.A. from the University of North Carolina, and a separate Accounting Concentration from North Carolina State University. Ms. Leary is a Certified Public Accountant in North Carolina and a member of the North Carolina Association of Certified Public Accountants and the American Institute of Certified Public Accountants, where she serves as a panel discussion leader. Ms. Leary is also a Chartered Global Management Accountant.
Glenn Wallace, CPA
Senior Director of Risk Management and Taxation
Mr. Wallace is Senior Director of Risk Management and Taxation with primary responsibility for coordinating the Prior Affiliated Funds’ income tax reporting and compliance. He also serves on TFG’s financial reporting team. Areas of responsibility include investment return analysis, associated compliance with the New Markets Tax Credit debt financing program, REIT qualification testing, and chairing of the firm’s Risk Management Committee.
Mr. Wallace has over 22 years of financial accounting and corporate tax experience with public and private companies. Prior to his employment with TFG in 2010, Mr. Wallace was the Controller for Pappas Ventures, a life science biotechnology venture capital firm with approximately $350 million under management. At Pappas Ventures, Mr. Wallace was responsible for financial and tax reporting as well as portfolio company valuations, liquidation and reserve analysis, management reporting to the firm’s investment committee, and various special projects related to the disposition of the firm’s portfolio companies.
Prior to Pappas Ventures, Mr. Wallace was the Controller for Southeast Interactive Technology Funds, a technology focused venture firm that had approximately $175 million under management. He has also served as the Assistant Controller for AAIPharma, a publicly traded pharmaceutical development company, where he focused on corporate accounting and SEC reporting.
Prior to AAIPharma, Mr. Wallace was a senior corporate tax consultant and financial analyst with Qualex, Inc., Eastman Kodak Company’s largest domestic subsidiary with over one billion dollars in annual revenue. At Qualex, Mr. Wallace spent three years in the corporate tax department focusing on federal and multistate tax planning and compliance before transitioning to the corporate finance department where he was responsible for the financial analysis of Colortron Photo Services Ltd., Qualex Inc.’s wholly owned Canadian subsidiary with approximately $50 million (Canadian) in annual revenues.
Mr. Wallace began his career as a Tax Staff Accountant and Senior Tax Accountant with Ernst and Young, LLP.
Mr. Wallace has a B.S. in Business Administration and a Masters in Accounting from the University of North Carolina at Chapel Hill. He is a member the North Carolina Association of Certified Public Accountants and an associate member of the Association of Certified Fraud Examiners.