Frank Eder
CEO, CIO & Co-Founder
Mr. Eder has two decades of real estate investment experience. He founded Newport Coast Capital Management (now NCCG) in 1997 while attending the Harvard Business School after a successful career working at Fortune 500 companies and in private equity. Having acted as a principle investor for two decades, he is an accomplished manager, operator, and transaction specialist with several private investments reaching realized and unrealized returns in excess of 100% IRR and attaining a 65% IRR with institutional investor, ING.
Mr. Eder’s primary role is to maximize ROI for limited partners. As the Chief Executive Officer and Chief Investment Officer, he focuses on the identification, execution, and exit strategy of strategic investments, as well as building cohesive teams for various investments and investment theses under investigation. He is widely respected for his thought leadership, broad expertise and solid reputation of sound investment decisions.
He has repeatedly demonstrated success in identifying profitable asset classes and geographies to enter early based upon market inefficiencies, and then exit in a timely fashion. His clients and partners benefit from his unique ability to quickly gain expertise in new asset classes and geographies, as well as his prior operating experience as an engineer, marketer, construction manager, and developer.
From 2010 to the end of 2012, Mr. Eder worked as an advisor, Portfolio Manager and Senior Vice President, and later as Head of Residential Loan and Real Estate Activities at Neuberger Berman Fixed Income, LLC, a division of the Neuberger Berman Group with almost $200 billion in assets under management. At Neuberger, Frank conceived of, structured, built and scaled a residential distressed debt platform. He led the acquisition, due diligence, servicer oversight/asset management, and portfolio management teams for residential whole loans purchased from major US banks.
Mr. Eder has worked in almost every major area of business either in the Fortune 500, through participation in private equity transactions, and as a principle real estate investor with institutional partners like ING. He has developed expertise in senior executive management, marketing and sales management, financial management, operations management, manufacturing, engineering, and research and development. In addition, he has investment experience in apartments, apartment to condominium conversions, land, high-end residential, resort, hotel, winery, commercial and industrial investments.
Mr. Eder’s diverse background and depth of experience affords him a balanced insight on real estate investment and execution that is highly beneficial in this current real estate investment environment.