Shelter Growth Capital Partners was founded in 2015 by Dan Sparks, Kevin Gasvoda and Justin Mahoney. The three founders worked together at Goldman, Sachs & Co for over a decade prior to forming SGCP.
Prior to founding SGCP, Mr. Sparks owned and managed DLS Advisors, established in October of 2008 to invest in mortgage and other fixed income securities, equities and equity derivatives and real estate. Prior to establishing DLS Advisors, Mr. Sparks was an employee of Goldman, Sachs & Co. from 1989 to July 2008, serving as a Partner from 2002 to 2008 and a Managing Director from 1999 to 2008. Mr. Sparks spent his 19 years at Goldman Sachs in the firm's Fixed Income Division working the majority of that time in the mortgage business including serving as head of the firm's Mortgage Department. Mr. Sparks also spent portions of his career at Goldman Sachs trading emerging market debt, asset-backed securities, and working in securitization and whole loan finance.
As head of the Mortgage Department, Mr. Sparks' responsibilities included oversight of trading, capital commitment, finance and risk management related to the division's activities in residential and commercial mortgage loans, consumer loans, securities and derivatives. Mr. Sparks was a member of Goldman Sachs' Firmwide Risk Committee, co-head of Goldman Sachs' Structured Products Capital Committee and Chairman of the Board of Goldman Sachs Commercial Mortgage Capital. He also served on the Boards or Advisory Committees for Goldman Sachs subsidiaries Litton Loan Servicing, Avelo Mortgage and Senderra. Mr. Sparks holds B.B.A.s in both Finance and Accounting from Texas A&M University where he has served on the Board of Trustees for the 12th Man Foundation. He also served on the Mays Business School Finance Department Advisory Board which recognized him as an Outstanding Alumnus in 2008.
Prior to founding SGCP, Mr. Gasvoda was a partner of Goldman Sachs & Co. and, until April 2013 served as a Goldman Sachs Advisory Director. He joined Goldman Sachs' Mortgage department in 1997 and ran the credit loan trading business from 2002 through 2007 where he also oversaw mortgage investments in external operating companies. He also served on the Boards or Advisory Committees for Goldman Sachs subsidiaries and portfolio companies including Essent Group, Litton Loan Servicing, LownHome, Avelo Mortgage and Senderra.
From 2008-2010 Mr. Gasvoda headed the Strategic Portfolio Solutions Group (SPSG), sourcing portfolios of mortgage and consumer related assets for principal, agent and advisory purposes. In 2011, he managed Goldman Sachs' residential loan servicing company (Litton Loan Servicing) and ran a successful sale process to exit the business. Mr. Gasvoda was a CPA for KPMG from 1991-1995. He holds a BS in Finance from the University of Colorado and an MBA from the University of Chicago. He has served on the Board of Directors for several non-profit organizations, including Waterside School and the Darien Public Library.
SENIOR PORTFOLIO MANAGER
Prior to founding SGCP, Mr. Mahoney was a Vice President at Goldman Sachs & Co. Mr. Mahoney joined the Mortgage department in 2002 and until 2007 he worked in the Credit Loan Trading business. Mr. Mahoney was responsible for the trading of whole loans, structuring and marketing of securitizations and managing and hedging retained credit securities.
From 2007-2008 he helped to form the Residential Credit Trading Desk, which traded subordinate securities across residential products. From 2008-2011 Mr. Mahoney was a senior member of the Distressed Whole Loan Trading desk, purchasing and managing portfolios of distressed loans. He also helped to form and manage the Asset Management and Servicing Oversight Teams. From 2011-2013 Mr. Mahoney was co-head of the Residential Loan Trading Desk, building and running the non-Agency Conduit. Mr. Mahoney holds a BA in Finance from George Washington University.