Doug McDonald Doug McDonald founded Bancroft Capital in 1992. He currently leads Bancroft's acquisitions and analysis efforts. Formerly, Mr. McDonald held a post as a Project Manager at TELACU/Carpenter in Irvine, CA. His responsibilities included asset management and disposition of over $250 million in non-performing loans and real estate on behalf of the Resolution Trust Corporation (RTC). He began his professional life as a financial analyst at Merril Lynch and holds a bachelor's degree in business administration from the University of California at Berkeley. Randy ten Doesschate Randy ten Doesschate joined Bancroft in 1993 and brings to the team extensive knowledge of real estate and contract law. He came to Bancroft following a successful career at Oracle Corporation where he held the position of finance manager. Prior to that, Mr. ten Doesschate was with Miller, Starr & Regalia, a nationally recognized real estate law firm in the San Francisco Bay Area. He holds a bachelor's degree in legal studies from the University of California at Berkeley. Joe Lamkin Joe Lamkin came to Bancroft in 1997 and lends the team skills in market analysis, finance and communications. He was formerly with Southwest Airlines as manager of business development and began his career as a financial analyst with Rockwell International. Mr. Lamkin holds a bachelor's degree in economics from the University of California at Berkeley. Michael Cain Michael Cain joined Bancroft in 2008 bringing thirty years of experience in a variety of finance disciplines. Prior to Bancroft, Mr. Cain served as Western Regional Manager with CWCapital subsequent to a similar position as Western Regional Manager of Structured Finance for GE Real Estate. From 2000 through 2007, Michael provided more than $2.1 billion of institutional debt financing. Prior to GE, he served as EVP Commercial Lending at Hawthorne Savings and SVP Commercial Lending at Sun State Savings Bank and Universal Savings. He began his career in a variety of positions with Citibank N. A. Teresa Fourticq Teresa Fourticq joined Bancroft in September 1999 as CFO and is responsible for all financial matters of the organization. Prior to Bancroft, Teresa was an assistant vice president with Oaktree Capital Management, LLC in Los Angeles. She honed her financial skills as an audit manager for Deloitte and Touche from 1992 to 1998. She is a Certified Public Accountant and holds a bachelor's degree from U.C.L.A. Bill King Bill King joined Bancroft in 2005 as acquisitions analyst. Previously, Mr. King was with Merrill Lynch in Los Angeles where his responsibilities included developing and managing long-term financial advisory relationships with high net worth individuals, families, charitable organizations, and small to mid-size businesses, development and implementation of financial plans and equities analysis. Bill holds a bachelor's degree in business administration from the University of North Carolina as well as Series 7 and 66 NASD licenses.