- Who We Are
- What We Do
- Our Impact
The majority of our team is based in Chicago, while our partners and borrowers span the country.
President and CEO
Kevin Boes is president and CEO of New Markets Support Company, responsible for managing its NMTC investments and focused on LISC’s economic development investment activities. Under Kevin’s leadership, the scope of NMSC’s activities has expanded to three lines of business: LISC’s NMTC program, the largest NMTC allocatee in the country with $1.05 billion in allocation; NMTC Advisory Services, in which NMSC manages over $500 million in NMTC investments for 9 clients; and Innovative Fund Management, focused on structuring, raising capital and managing $140 million in capital for various impact investing initiatives. From 2004 to 2010, he served as Senior Vice President and Chief Financial Officer at National Equity Fund (NEF). In addition to his leadership of the finance department, Kevin was active in raising investor capital and led the acquisition efforts for various multifamily housing portfolios. He started with NEF in 2001. Earlier, he was employed by KPMG LLP in its real estate assurance and financial services consulting practices. Kevin earned a BA from the University of Northern Iowa and an MBA from Northwestern University’s Kellogg School of Management. He is also a certified public accountant.
Executive Administrative Assistant
Maria Castillo assists the NMSC team by handling all administrative responsibilities and ensuring our office runs smoothly. Maria has eight years of prior administrative assistant experience in the tax credit industry with NEF. When not in the office, Maria enjoys reading, walking, and perusing antique shops for hidden gems.
Senior Program Manager
Malik Elliott is responsible for managing and evaluating the project pipeline for LISC's NMTC Program and works closely with local LISC offices to identify and underwrite potential NMTC investments. His role also involves transaction structuring and QALICB representation in locales throughout the company’s national footprint. Prior to working at NMSC, he served as a project manager for IFF, identifying and closing community-based NMTC projects in the Midwest for two years. Malik has more than 11 years of experience working in economic development, including small business loan origination, commercial real estate finance, real estate brokerage, and local economic development. He graduated from Boston University and holds a Master’s degree in urban planning and public affairs with a concentration in economic development from the University of Illinois-Chicago. In his down time, Malik enjoys reading and watching anything related to political economy. He has a sweet tooth for classic Chicago cuisine but burns off the calories with endurance sports including running, biking and the “grappling arts” (wrestling, judo, jiu-jitsu).
Michael spearheads NMSC’s Impact Investing business and manages The Good Jobs Fund, which capitalizes companies located in New Markets Tax Credit census tracts. Michael is co-founder of Bank of Boston’s later stage private equity business and its successor, Heritage Partners. Heritage is a middle market private equity fund that partners with entrepreneurs and family owned businesses providing growth and transition capital. As a General Partner, Michael served on the board of several Heritage portfolio companies, including IMPAC, Jordan’s Foods and Skilled Healthcare Group. Michael has also served as Board Chair for LIFT, a national poverty alleviation organization, and on the boards of City Year-Boston, YouthBuild USA, the Children’s Room and USC’s School of Dramatic Arts. Michael enjoys all outdoor activities, especially biking, and traveling with his family.
Senior Credit Analyst
Zach evaluates credit risks associated with loans originated by NMSC, underwriting the credit worthiness of prospective borrowers. He also reviews and analyzes the health of NMSC’s loan portfolio, risk rating loans based on borrower’s financial performance and working closely with higher risk borrowers. Zach began his career in commercial banking at a community bank in Arizona, where he worked with small businesses seeking SBA financing. Zach then worked for Silicon Valley Bank, a venture bank supporting technology start-up and growth companies, evaluating prospective borrowers seeking follow up debt financing after closing Series A & B equity rounds. Zach received his bachelor’s degree in economics and international business from The Arizona State University. Zach grew up in Tempe, Arizona (home of the Arizona State Sun Devils) and is a diehard fan of all Arizona sports teams; however, now that he lives in Chicago, he considers the White Sox his “second” baseball team. In his free time, Zach enjoys reading economics and finance articles, strength training and exploring Chicago’s bar scene.
Vice President, Operations and Strategic Initiatives
As Vice President, Operations and Strategic Initiatives, Kelsey Hamory oversees NMSC's internal operations, loan originations and closings, and NMTC compliance and community impact data collection and analysis. Prior to assuming her current role at NMSC, Kelsey was a project manager for LISC's NMTC program for five years, responsible for originating, underwriting, and closing projects for LISC's traditional and small QLICIs. Throughout her career at NMSC, she has closed 35 NMTC transactions totaling $168 MM in QEIs. Before joining NMSC in 2012, Kelsey was an intern with the CDFI Fund's NMTC Program and a reviewer of Round 9 NMTC Applications, served in the Peace Corps as a Rural Community Development Volunteer, and worked in nonprofit accounting for two years. She has an MBA from Michigan's Ross School of business. We can safely say she is the only person on our team to have hiked part of Mount Everest.
Senior Vice President, Chief Financial Officer
Matt Huber oversees NMSC’s asset management, treasury, servicing and accounting operations. Prior to joining NMSC in 2008, he worked at NEF, where he was the controller in charge of fund accounting for NEF's 1,600+ LIHTC investment portfolio. Matt began his career at KPMG in 1995 where he was a manager in the Chicago Real Estate Audit Practice. Matt is a CPA and belongs to numerous working groups focusing on the NMTC industry.
Brent leads the Fund Management team at NMSC, where he is responsible for the management of NMSC’s investment fund portfolio, structuring investments funds and client relations. He works with investors, community development organizations and capital providers across the country to develop and close specialty impact loan funds. Prior to joining NMSC, Brent was a Fund Manager at National Equity Fund (NEF) for five years, where he structured and managed affordable housing investment funds, closing $1 billion in investments while overseeing part of NEF’s $10 billion portfolio. Brent holds a bachelor’s degree in economics, finance and real estate from the University of Northern Iowa and is currently an M.B.A. candidate at Northwestern’s Kellogg School of Management, where he serves as the VP of Finance for Kellogg’s Net Impact chapter. Brent is also a long-serving delegate for Hummingbird Missions, which brings medical services to rural communities in Haiti and El Salvador.
Zesen (known as Z) joined the fund management team in July 2019 and is responsible for updating loan summaries and assists in structuring funds for investors. He graduated in May of 2019 from the University of Illinois in Urbana Champaign where he received a Bachelor’s of Science in Finance. Before joining NMSC, Z worked as a marketing intern for a Silicon Valley based startup company and as an analytical intern in Beijing, China. Growing up on the Southside of Chicago, Z is a dedicated White Sox, Bulls and Bears fan. He’s an avid traveler and has visited all 50 states and explored a vast majority of National State Parks. In his free time, he enjoys spending time with his dog, trying new restaurants and exploring the city.
Business Development Fellow
Alice joined the NMSC team in August 2019 as a fellow of Princeton’s Project 55 program, which connects recent Princeton University graduates with public interest organizations around the country. Alice graduated in June 2019 with a degree in philosophy and minors in journalism and humanistic studies. She works with the Operations team at NMSC and is interested in learning about impact investing, community development and fund management. Alice hosted the weekly news hour and a rock-funk-jazz music show at Princeton’s campus radio station, WPRB, and is actively seeking a community station in Chicago to join.
Vice President, Impact Investing
Irene is responsible for sourcing, evaluating and executing impact investments, focused on bringing growth and transition capital to small businesses that provide quality jobs in low income communities. Irene began her career in investment banking at Goldman Sachs, working in both their New York and London offices. She also has extensive experience in middle market private equity; she worked for Frontenac Company in Chicago and helped launch a captive private equity business focused on emerging markets at Standard Bank. In addition, Irene has experience running several large private investor networks, focused on bringing investors together to collaborate around deal flow. Most recently, Irene ran the Direct Investing Network for Family Office Exchange, an exclusive membership organization for family offices. Prior to this, she served as Executive Director of the Sao Paulo chapter of HBS Alumni Angels of Brazil. Irene has an economics degree from Princeton University and an MBA from the University of Chicago Booth School of Business. Irene lives in Chicago with her husband and two sons, recently returning to her hometown after living in Brazil for nine years. Irene’s favorite pastime is running around after her two young sons. She also enjoys yoga, running, tennis and reading.
Associate Manager, Marketing and Communications
Virginia manages NMSC's marketing and communications efforts, helping to communicate our work and impacts to the outside world. She maintains our digital marketing channels, designs print collateral, writes content for our websites, brainstorms strategic marketing initiatives to increase awareness of NMSC’s work, and more. She graduated with a degree in religious studies from Princeton University and now serves as chairperson of the Chicago area committee of Princeton's Project 55 fellowship, which places recent Princeton graduates in year-long, service-oriented work fellowships around the country. Virginia is also a member of the Chicago Public Library Foundation's Associate Board, which provides funding for CPL programs like Teacher in the Library, YOUmedia, Maker Lab and more to Chicago residents.
Laura Mixter is responsible for asset management and loan monitoring for NMSC’s NMTC investment portfolio, currently in excess of $900 million. She identifies construction, operating, and NMTC compliance risks associated with the portfolio. Laura is in frequent contact with borrowers, proactively addressing issues identified through review of construction budgets, draw requests, progress summaries, and quarterly and annual financial statements. She has a BA in public policy and an MBA with a concentration in financial analysis, both from Duke University. She previously worked in nonprofit development for four years. Originally from Chevy Chase, Maryland, Laura is a diehard Nationals fan, which frequently puts her at odds with her Chicago coworkers. She is also an avid podcast listener and trivia champion.
Senior Vice President, Chief Operating Officer
Steve is focused on growing NMSC’s lines of business, operationalizing new ones and pursuing strategic partnership opportunities. He oversees the Fund Management team, which creates, structures and manages specialty funds to help our partners meet their community development goals. He also manages the company’s Marketing, Operations and Partner Services teams. He was previously head of Fund Management at the National Equity Fund (NEF), where his group structured funds that invested more than $8 billion in multifamily affordable housing. Prior to NEF, Steve worked at Salomon Smith Barney. Steve graduated from the University of Richmond with a B.S. in Business Administration and is a CFA charterholder. Outside of the office, Steve enjoys eating tacos, golfing and playing tennis, and exploring Evanston with his wife, Nicole, and their three young children.
Assistant Accounting Manager
Jay Ricker joined NMSC’s accounting team in 2017, where he oversees financial statement preparation and investor reporting. Jay previously worked in public accounting for four years and in accounting for a manufacturing company for two years. He graduated from the University of Wisconsin-La Crosse with a bachelor's in accounting and a minor in Spanish. He is a CPA. Jay is a self-proclaimed cheesehead and has a cheesehead that he has never worn within the city limits of Chicago. He enjoys playing golf and guitar and exploring new restaurants with his girlfriend.
Jessica Sanchez is responsible for a variety of accounting functions at NMSC, including quarterly and annual financial reporting for NMTC entities under management. She graduated from Robert Morris University with a degree in Business Administration/Accounting. Prior to joining NMSC in 2016, Jessica worked as a staff accountant for Vienna Beef LTD, in the accounting department of Four Seasons Hotels and Resorts, and has more than five years of experience in the insurance industry. In her free time, she loves to dance, play soccer, and travel.
Gus is responsible for corporate accounting and financial reporting for NMTC entities. Gus joined our accounting team in 2018 after graduating from Loyola University Chicago where he earned a Master’s degree in accounting and business administration. Prior to joining NMSC, Gus worked in accounting research and hospitality management. In his free time, he enjoys cooking and working on his food blog.
Cara Wood serves as New Markets Support Company’s (NMSC) controller. Cara is responsible for accounting, reporting and loan servicing for NMSC's clients and investment funds under NMSC management. Additionally, she oversees all internal reporting, budgeting and forecasting. Cara began her career as an auditor at Ernst & Young and spent the past five years in nonprofit accounting for an international relief organization. She has a bachelor’s degree in accounting and finance and a master’s degree in student affairs, both from Miami University (OH). Cara is a CPA. In her free time, Cara enjoys traveling, spending time with her niece and nephew and remains loyal to her hometown team, the Purdue Boilermakers.
Justin works in the Fund Management department where he assists in the portfolio analysis of each of the funds that NMSC manages. He is responsible for keeping the fund models up to date and preparing the fund quarterly reports. Justin also assists in the closing of new investments and management of NMSC’s funds, and is highly experienced in NMTC underwriting. Justin manages the Bay’s Future Fund for NMSC backed by the Chan Zuckerberg Initiative (CZI). This $500 million initiative focuses on affordable housing in the Bay area. Justin graduated from the University of Dayton, where he majored in finance and minored in marketing. Justin spends his free time hanging out with his friends and family in Chicago. He is a big Chicago sports fan (notable exceptions include the White Sox) and is proud to have worked at Ace Hardware during his summers in high school.