David Derousse

Background

About David Derousse

I arrived in the Baltics in 1992 on assignment with the U.S. Peace Corps as a business development specialist. In late 2001, I co-founded SIA “R.B. Management” together with Mr. Wirth to outsource Celcius Properties’ facilities management. Jerry and I have grown R.B. Management and related group of SPVs from a single asset, to a diversified portfolio. During this period of time, we have had success in the acquisition of property assets and more importantly the disposal of property assets. We have successfully placed three corporate property bonds. Two of which were placed on the Riga OMX stock exchange as a public listed instrument. All three of the bonds have been fully retired with 100% subscriber satisfaction. Prior to arrival in the Baltics, I worked as an Assistant Controller at Midland Property Management Company in the United States. I have a MSc in Property Investment (College of Estate Management, University of Reading) and B.S.B.A in Accounting (Rockhurst University, Kansas City, Missouri). Specialties- debt restructuring: bank negotiations, mezzanine debt, public debt placement on OMX stock exchange- negotiation of property acquisitions - negotiation of property disposals - Discounted Cash flow property valuation