Michael Phelan

Bio

Mr. Phelan contributes to ERI's investment underwriting and asset management processes. In this dual role, Mr. Phelan is responsible for sourcing and evaluating new investment opportunities and for monitoring and analyzing the assets that comprise ERI's investment portfolio. Mr. Phelan began his career in 1987 as an analyst, and later as a portfolio manager at Liquidity Fund, a limited partnership secondary market firm based in the San Francisco Bay Area. In these roles, Mr. Phelan was responsible for all aspects of fund management including investment sourcing, valuation analysis, deal pricing, performance measurement, and investor reporting. Since 1994, Mr. Phelan has served as president of The Valuations Group, Inc., an ERI subsidiary that specializes in the valuation and analysis of minority interests in non-traded real estate limited partnerships. In this role, Mr. Phelan has overseen the issuance of fairness opinions in connection with SEC regulated tender offer transactions and has served as an expert on behalf of the United States Department of Justice in a federal tax valuation matter. A recognized expert in the valuation of limited partnership interests, Mr. Phelan has been interviewed for and quoted in articles appearing in The Wall Street Journal, Financial Planning Magazine, San Francisco Chronicle, and Partnership Spectrum. Mr. Phelan holds an A.B. in Economics from the University of California at Berkeley.

Career

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Equity Resource Investments LLC N/A Email: [email protected]