Russell Gimelstob
Chief Executive Officer

Prior to founding Ascendant Capital Partners, Russell Gimelstob was Head of Acquisitions, Partner, Managing Director and Member of the Investment Committee of Dune Real Estate Partners, a manager of real estate private equity funds. Russell sits on the board of Watermark Lodging Trust.

Alexander Halpern
Founding Managing Partner and Head of Hospitality

Alex Halpern, Founding Managing Partner and Head of Hospitality, is responsible for the oversight of the Firm’s investment activities, as well as the management of the Firm’s hospitality investments. Alex sits on the board of Watermark Lodging Trust and BHI Residential (Daydream Apartments).

Andrew Niple
Vice President

Prior to joining Ascendant Capital Partners, Mr. Andrew Niple served as a Vice President for Raith Capital Partners, a New York based real estate private equity firm. As leader of the acquisitions team, Mr. Niple’s responsibilities during his tenure with Raith included the evaluation, execution, and oversight of the firm’s acquisition and disposition activity. He was responsible for acquiring two large portfolios of hospitality and industrial assets worth over $300 million and overseeing the disposition of $250 million worth of multifamily assets.

Prior to joining Raith Capital Partners, Mr. Niple was a Vice President with Kennedy Wilson, a California based real estate investment company with $18 billion in assets under management. At Kennedy Wilson, he primarily focused on sourcing and underwriting value-add commercial opportunities in major west coast markets.

Before joining Kennedy Wilson, Mr. Niple was a Vice President with Rockpoint Group, a Boston based real estate private equity firm that has raised over $14 billion in capital commitments. In his role at Rockpoint Group, Andrew primarily focused on underwriting and managing opportunistic and core-plus investments with primary market coverage responsibilities in southeast Florida. During his six-year tenure, he executed in excess of $4 billion worth of investments across the multifamily, hospitality, office, and retail asset classes.

Mr. Niple began his career in the real estate investment banking division of Bank of America Merrill Lynch, where he focused on mergers and acquisitions advisory work and equity financing on behalf of corporate real estate clients. Mr. Niple graduated magna cum laude from The George Washington University's School of Business.