Co-Founder & Principal
Joshua Crane is co-founder and principal of Spruce and S3 Capital. Prior to founding S3…
Robert Schwartz is co-founder and principal of Spruce and S3 Capital. Prior to founding Spruce…
Head of Investments
Matan Kurman is the Head of Investments at S3 Capital and oversees the firm’s investment…
Chief Financial Officer
Ari Kalton is the Chief Financial Officer at S3 Capital and oversees financial reporting, tax,…
Chief Compliance Officer
Betty Valouktzis joined S3 Capital as Chief Compliance Officer in July 2025 and works with…
Head of Global Marketing & Investor Relations
Michelle Fang joined S3 Capital in December 2024 and leads global marketing and investor relations,…
Head of Origination
Shawn Safdie is the Head of Origination at S3 Capital and leads loan origination, business…
Head of Construction
Paul Foschi joined S3 Capital in early 2024 and oversees the firm’s construction portfolio and…
Managing Director of Origination
Steven Jemal joined S3 Capital in October 2016 and focuses on originating and underwriting loans…
Vice President
Alexander Wrede leads underwriting and asset management for S3 Capital’s Larger Balance Loan Fund Series.…
Max Rothman joined S3 Capital in September 2024 and is responsible for underwriting new and…
Assistant Vice President
Nick Peragallo joined S3 Capital in February 2022 and supports underwriting for new and existing…
Ryan Talgo joined S3 Capital in January 2025 and focuses on underwriting new and existing…
Senior Associate
Jackson Gray joined S3 Capital in June 2022 and is responsible for underwriting new and…
Senior Construction Manager
Marcos De Moraes joined S3 Capital in June 2025 and brings over 15 years of…
Senior Construction Associate
Richard Racanelli joined S3 Capital in 2022 and is responsible for underwriting and evaluating new…
Construction Associate
Grayson Cherubino joined S3 Capital in 2024 and is responsible for overseeing the construction portfolio,…
Associate
Grace Nanney joined S3 Capital in September 2024 and supports the Marketing & Investor Relations…
Matthew Stauber joined S3 Capital in November 2023 and assists with underwriting new and existing…
Senior Construction Analyst
Clayton Whitton joined S3 Capital as an Analyst supporting the construction team in July 2024.…
Senior Analyst
Blake Shechtman joined S3 Capital in January 2026 and assists with underwriting new and existing…
Peter Gasparro joined S3 Capital in July 2024 and is responsible for underwriting new loans…
Analyst
Natalie Pedi joined S3 Capital in July 2024 and is responsible for underwriting new and…
Alex de Castro joined S3 Capital in August 2025 and assists with underwriting new and…
Kellen Furse joined S3 Capital in August 2025 and assists with underwriting new and existing…
Will Butz joined S3 Capital in January 2026 and assists with underwriting new and existing…
Alex Eversole joined S3 Capital as an Analyst supporting the Marketing & Investor Relations team…
Saul Pages joined S3 Capital as an Analyst supporting the origination team in July 2025.…
Assistant Controller
Joe Tages joined S3 Capital as a Fund Accountant in May of 2022 and was…
Senior Fund Accountant
Fatnisa Begolli joined S3 Capital as a Senior Fund Accountant in June 2025. She holds…
Fund Accountant
Olga Lisina joined S3 Capital as a Fund Accountant in January 2017. Prior to joining…
Tim Horan joined S3 Capital as a Senior Fund Accountant in December 2025. Prior to…
Treasury Analyst
Ben-Hemir Collado joined S3 Capital as a Treasury Analyst in April 2025. Prior to his…
Danielle Zalta joined S3 Capital as a Fund Accountant in November 2025. Prior to joining…
Human Resources Specialist/Office Manager
Tanya Glibitskiy joined Spruce Capital in 2018. Her responsibilities include being the Office and Human…
