LEADERSHIP

Seth Oliver

Seth Oliver is a Co-Founder and CEO of BlackPearl Capital. Mr. Oliver leads the growth of BlackPearl Capital and guides its leadership team. Mr. Oliver founded Oliver Companies, Inc., a hotel company that owns and operates over 3,600 rooms across 12 states. Mr. Oliver leverages his expertise and experiences from creating Oliver Companies’ vertically integrated businesses (investment management, hotel management, construction, and FF&E design and procurement) to support the growth of BlackPearl Capital.

Mr. Oliver was raised in a construction and real estate family and his experience started during his high school years. Mr. Oliver’s father was in the midst of several large local projects and enlisted Mr. Oliver’s weekends and summers. During that time, Mr. Oliver learned everything he could from organizing years of paperwork to running a jackhammer on site.

In 2003 Mr. Oliver consolidated the Oliver hospitality business from his father and partners into Oliver Companies, Inc. In the first 5 years of operations, the company grew from 7 hotels earning $8.5 million in room revenue to 16 hotels earning over $30 million in room revenue. In 2007, Mr. Oliver started the construction division (Kaizen Companies) within Oliver Companies, and in 2017, when Kaizen Companies revenues overtook that of Oliver Companies, Mr. Oliver spun out Kaizen into its own company. Mr. Oliver is also the lead investor in VIP FF&E, a Chicago-based interior design and procurement company that subsequently acquired Boston Trade Interior Solutions.

Throughout Mr. Oliver’s career, he has infused core principles of continuous improvement and honoring of those who helped get him this far. Living under those principles, Mr. Oliver built a 2,000 – plus member team that was able to expand the Oliver Companies portfolio and increase operational excellence. In 2017 Hilton sought out Mr. Oliver to join their owner advisory board.

Mr. Oliver received his undergraduate degree from The College of St. Scholastica with a major in Business Administration.

Michael Tacorian

Founder + CIO
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Michael Tacorian is a Co-Founder and CIO of BlackPearl Capital. Mr. Tacorian is responsible for BlackPearl’s investment activity as well as oversight and management of the platform across all business verticals. Throughout his career he’s deployed nearly $30 billion of institutional capital.

Prior to the formation of BlackPearl, Mr. Tacorian was a Managing Director at TPG Real Estate, focused on investment and asset management for the group’s CRE credit business. Before TPG, Mr. Tacorian was Managing Director and Co-Head of Large Loan Lending at Cantor Commercial Real Estate, at the time the largest non-bank CMBS lender in the United States. In addition to business development, he took an active role in loan distribution and securitization.

From 2008 – 2011, Mr. Tacorian was Vice President of Acquisitions at Square Mile Capital, where he targeted investments throughout the capital structure including project equity, preferred equity and note acquisitions. He led all aspects of transaction execution and documentation, including purchase contract and JV negotiations.

Mr. Tacorian began his career working in Real Estate Finance & Securitization, having stints at both Credit Suisse and RBS Greenwich Capital. In this capacity, he led underwriting, structuring, securitization, distribution, and execution of large loan transactions, across all asset classes throughout the US. Additional responsibilities during his time included asset management oversite for the expansion/renovation of a major Las Vegas hotel.

Mr. Tacorian received his undergraduate degree from Fordham University, where he graduated Summa Cum Laude with a concentration in Economics and Finance.

Alison Tan

Founder + CFO
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Alison Tan is a Co-Founder and CFO of BlackPearl Capital. Ms. Tan is responsible for BlackPearl Capital’s investor relations and capital markets activities. Concurrently as Director of Finance for Oliver Companies Family Office, Ms. Tan oversees investor relations for Oliver Companies and is responsible for financings, re-capitalizations, and sales of the Oliver Companies real asset portfolio.

Throughout her career, Ms. Tan has executed over $10 billion of hospitality transactions. Prior to joining the Oliver Companies Family Office, Ms. Tan was Managing Director in the New York office of Ackman-Ziff Real Estate, focusing on hospitality asset debt and equity transactions and hospitality sales.

Ms. Tan was also a Senior Associate at Cushman & Wakefield’s Debt, Equity and Structured Finance Group, where she underwrote in excess of $6 billion hospitality transactions. Ms. Tan has also served as a Senior Associate at the New York office of HVS, where she appraised over $1 billion in lodging assets. Her experience at HVS includes authoring feasibility studies, market studies, and providing acquisition due diligence for a variety of institutional, corporate banking, and individual clients.

Ms. Tan began her career with Four Seasons Hotels and Resorts where she held various management positions at the Four Seasons New York. She is a graduate of the Cornell University, School of Hotel Administration.