Thomas Carroll

Thomas Carroll is the Founder and CEO of Ballast Rock Group, an integrated investment management company based in South Florida.1 He established the company in August 2018 and has been leading it for over 5 years.1

Professional Background

Prior to founding Ballast Rock, Carroll held several prominent positions in the financial industry:

• Partner at Watermark Partners Real Estate (2016-2018)1
• Head of Latin America Structured Credit Trading at Goldman Sachs (2014-2016)1
• Head of Latin America Structuring at Goldman Sachs (2007-2014)1
• VP of Latin America Structuring and Marketing at HSBC Global Banking and Markets (2002-2007)1

Education

Carroll's educational background includes:

• University of North Carolina at Chapel Hill (1999-2000)1
• Master of Arts in Economics and Economic History from the University of Edinburgh (1997-2001)1
• High School at the American School in London (1991-1997)1

Ballast Rock Group

Under Carroll's leadership, Ballast Rock Group specializes in delivering attractive risk-adjusted returns, accurate advice, high-quality reporting, and direct access to management.1 The company comprises two main divisions:

1. Ballast Rock Asset Management

   • Ballast Rock Real Estate (focusing on Sunbelt multifamily real estate funds)
   • Ballast Rock Ventures (venture capital and private equity teams)

2. Ballast Rock Private Wealth

   • A registered investment advisor focusing on alternative strategies

Company Culture and Values

Carroll has emphasized creating a culture of diversity, equity, and inclusion at Ballast Rock.2 The company aims to drive positive change by:

• Providing professional opportunities to people from diverse backgrounds2
• Upgrading communities through their investments2
• Combating climate change by financing energy transition projects2

Thomas Carroll's leadership style focuses on balancing broad corporate experience with diverse perspectives and maintaining a high level of professionalism.2