New York/Los Angeles – January 9, 2019 – Casco Capital Management, LP, a global private investment
firm that plans to manage a real estate debt and equity fund, today announced that Elliot Shirwo has
joined the organization as a principal.

Shirwo brings to Casco more than two decades of relevant experience serving real estate, finance, legal
and family office communities. Prior to joining Casco, Shirwo was founder and principal of BridgeCore
Capital, a private bridge lender, and held a nine-year career with Bolour Associates, a privately-owned
real estate investment, development and finance company, where he oversaw its private mortgage
lending business and shared responsibility for the operational and investment activities of its family
office.

Previously, Shirwo was general counsel and secretary of Peerless Systems Corporation, a publicly traded
company, and served as a board member of its foreign subsidiary. Before Peerless, he was in private
legal practice, specializing in real estate, insurance and intellectual property transactions and litigation.

“We welcome Elliot to further strengthen our senior level expertise in capital development, sourcing
and executing real estate investments across multiple capital structures, asset classes and geographies,”
said managing principal Denny Jacobus. “We have had a decade-long relationship with Elliot, who has a
deep understanding of the real estate industry along with the multi-generational needs of family wealth
creation and preservation. He is a highly respected and well-known industry leader in the commercial
real estate sector throughout the United States, and he will be an invaluable partner in our business.
BridgeCore Capital’s operations will be incorporated into Casco as a wholly owned subsidiary, providing
Casco with an additional effective origination platform,” Jacobus added.

“It is a privilege to join Casco and its esteemed team of real estate and investment professionals,” said
Shirwo. “I look forward to working closely with the high caliber team they have assembled as we apply
deep market insight, operational expertise, sound governance practices, and longstanding sponsor
relationships to create a strong, sustainable investment platform.”

About Casco Capital Management

Casco Capital Management, LP is a global private investment firm that plans to manage a real estate
debt and equity fund. Casco was founded in 2018 in concert with the family office of Albert B. Glickman
& Associates, which was established in 1965 by Albert B. Glickman. The fund’s investment strategy will
be primarily focused on making or acquiring equity and debt investments in real estate and real estaterelated businesses, across the spectrum of commercial real estate products, with the ability to adjust to
changes and/or opportunities as they arise. Casco seeks to manage capital by focusing on capital
preservation, while generating above-market risk adjusted returns. Casco’s principals, including Denny
Jacobus, E. Clark Copelin and Elliot Shirwo, are established real estate investment professionals with
more than 50 years of combined experience across a broad spectrum of the commercial real estate
sector.

For More Information, Contact:

Elliot Shirwo
BridgeCore Capital, Inc.
310-426-8751
elliot@bridgecorecapital.com

Media, Contact:

Roger Pondel
PondelWilkinson Inc.
310-279-5980
rpondel@pondel.com