Shrewsbury River Capital draws upon talented individuals with decades of collective experience in hedge fund and commercial real estate investing.


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Chief Investment Officer, Managing Partner

Jamie Kelner, cfa

Jamie is the firm founder and oversees all management and investment activities, including portfolio management, research and trading. Jamie most recently was a portfolio manager at Alden Global Capital for four years responsible for their CMBS investments, including launching and managing the stand alone CMBS fund. Prior to joining Alden, Jamie worked at Further Lane Securities, where he developed a CMBS trading platform and supplied portfolio management strategies for clients. He previously worked for five years at Prudential Mortgage Capital Company where he was responsible for the pricing, structuring, hedging, and disposition of conduit loans in CMBS, while also managing its proprietary trading desk. Prior to that he spent three years at CIGNA where he held a similar role. Jamie started his career at Ryan Labs, Inc., a quantitative fixed-income firm, as assistant portfolio manager. He received a B.S. from Cornell University in 1996 and an MBA from Yale University in 2001.


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Investment analyst, Partner

Anup Heda, cfa

As a member of the investment team, Anup is responsible for credit research. Anup most recently was a Vice President at Arbor Realty Trust as a senior commercial bridge loan underwriter and prior to that, as a senior CMBS loan underwriter, managing junior underwriters. Prior to Arbor Realty Trust in 2014, he was at Standard & Poor’s, working in the CMBS Surveillance Group performing full credit reviews of deals including loan and property level analysis. He previously spent four years at Bank of America Merrill Lynch’s Global Structured Products Valuation Group where he developed valuation models. Prior to that, he spent five years working for Jamie at Prudential Mortgage Capital Company pricing, structuring, and hedging loans in CMBS, as well as on the proprietary trading desk. Anup started his career at CIGNA as an analyst within the
Real Estate Finance group, providing investment analysis on CMBS. He received a
B.S. and a B.A. from the University of Connecticut in 2002.


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Investment Analyst, Managing Director

Dan Voloshin

As a member of the investment team, Dan is responsible for trading as well as portfolio strategies. Dan most recently spent 3 years as head of the CMBS trading desk at Deutsche Bank, running the market making book and a team of traders, and prior to that, he
led the trading of non-investment grade distressed CMBS bonds. Prior to DB, he was
co-head of CMBS trading at Barclays, where he had been a trader since 2010. Dan joined the CMBS industry as a loan analyst providing investment analysis on bonds and the underlying loans to clients and the trading desk, starting in 2006 at Lehman Brothers. Dan began his career as a consultant for PricewaterhouseCoopers for 2 years in their process improvement group, helping companies improve how they managed data and processes. Dan received an MBA from New York University in 2010, an M.S. in Managerial Science from Lehigh University in 2002, and a B.S. in Computer Science from Lehigh University in 2001. He currently lectures a course on CMBS at NYU.


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Chief financial officer

Brian Dallas

Brian is responsible for the accounting and tax functions of the funds and the firm.
Brian most recently was a Controller at Corvex Management LP, a value-based
investment firm located in New York, NY, where he was responsible for the accounting and tax functions of the firm’s hedge fund operations. He previously was a member of Alden Global Capital’s accounting group, where he worked for two years. Prior to that, Brian spent eight years at PricewaterhouseCoopers providing audit services to clients within the asset management industry in Philadelphia and New York. Brian is a
Certified Public Accountant in the state of New York and received his B.S. in
Accounting from Villanova University in 2005.


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General Counsel

Rob Nisi

Rob is General Counsel of the firm.  He previously was the General Counsel of
Chatham Financial, a global advisory firm that specializes in the debt and derivatives markets. Before that, he was Chief Operating Officer and General Counsel of LWPartners, a financial services firm focused on private equity/hedge fund investing,
and before that a Managing Director for PwC’s Financial Services Regulatory Group.  Rob also was the Chief Operating Officer and General Counsel at Cyrus Capital Partners, a distressed debt manager, and General Counsel of MacKay Shields LLC, an investment management subsidiary of New York Life Insurance Company. Rob spent his early
career at Salomon Smith Barney, Prudential Financial and White & Case, and began
his career as a Senior Attorney at the United States Securities & Exchange Commission.  Rob received his B.A. from Washington University in St. Louis, and his JD and
MBA from Boston University.  He is a member of the New York and Connecticut
State Bar Associations.