Dune Real Estate Partners Elevates Leadership Team
Dune Real Estate Partners LP (“Dune”), a leading real estate investment firm based in New York, has recently announced a series of four notable promotions within its organization. This move emphasizes the firm’s commitment to recognizing and advancing talent essential for its growth and success.
Promotions Overview
Among the promoted individuals are:
- Kaitlin Siehs, formerly Vice President – Treasury & Operations, has been promoted to Director – Treasury & Operations within the Finance and Accounting Team.
- Alla Chertkova, who previously held the title of Fund Controller, is now Vice President on the Finance and Accounting Team.
- Jack Foley has transitioned from Associate to Vice President on the Investment Team.
- Adam Mengden also moves up from Associate to Vice President within the Investment Team.
“We congratulate our teammates on their well-deserved promotions, which reflect both their individual achievements and their collective impact on Dune’s success,” said Cia Buckley Marakovits, President of Dune. “We look forward to their continued contributions in these expanded roles and remain focused on fostering talent and driving Dune’s growth through our opportunistic investment strategy.”
Team Biographies
Kaitlin Siehs – Director of Treasury & Operations
Kaitlin Siehs joined Dune in 2011 and has played a vital role in managing Dune’s treasury and cash management, as well as leading performance measurement and reporting processes. She holds a Bachelor of Arts in Business/Economics from Skidmore College.
Alla Chertkova – Vice President of Finance & Accounting
Alla Chertkova is responsible for reviewing and reconciling financial and capital statement reporting for various Dune Real Estate Funds. With experience as a senior associate at State Street, she has a strong background in financial reporting for private equity real estate funds. Chertkova earned her B.B.A. in Accounting from Baruch College.
Jack Foley – Vice President
Jack Foley’s responsibilities include evaluating and underwriting new investment opportunities, leading due diligence processes, and helping execute business strategies for Dune’s existing investments. Before joining Dune in 2021, he worked in Wells Fargo’s Corporate & Investment Banking Division, focusing on structured debt products for real estate companies. Foley holds a B.S. in Finance from Wake Forest University.
Adam Mengden – Vice President
Adam Mengden, like Foley, is involved in evaluating and underwriting new opportunities at Dune. He previously worked at Bank of America Merrill Lynch’s Investment Banking Division, handling various real estate transactions. Mengden earned a B.S. in Finance from Penn State University.
About Dune Real Estate Partners
Dune Real Estate Partners is a prominent real estate investment firm located in New York City, dedicated to a strategy centered on high-yielding equity investments arising from capital market dislocations, primarily targeting the United States. The firm manages the Dune Real Estate Funds, led by Mr. Daniel M. Neidich and Ms. Cia Buckley Marakovits, amassing over $4 billion in equity capital to date. Dune's investment approach caters to high-net-worth individuals, pension funds, sovereign wealth funds, endowments, and other substantial institutions.
Frequently Asked Questions
What recent promotions were announced at Dune Real Estate Partners?
Dune Real Estate Partners announced four promotions, including Kaitlin Siehs to Director, and Alla Chertkova, Jack Foley, and Adam Mengden to Vice President.
What is the role of Kaitlin Siehs at Dune?
Kaitlin Siehs oversees treasury and cash management and performance measurement and reporting as the newly appointed Director of Treasury & Operations.
What are Alla Chertkova's responsibilities?
Alla Chertkova is charged with reviewing financial reporting for certain Dune Real Estate Funds and enhancing financial and capital statement reconciliation.
Who leads the Dune Real Estate Funds?
The Dune Real Estate Funds are led by Mr. Daniel M. Neidich and Ms. Cia Buckley Marakovits.
What kind of investments does Dune focus on?
Dune focuses on high-yielding real estate equity investments that arise from capital markets dislocations, primarily in the United States.
