Team

Richard Squires (Founder)

Beginning his career as a real estate executive with entities affiliated with the Bass Family and then Rainwater, Inc. of Fort Worth, Texas, Mr. Squires has been a private investor investing his own capital over the last twenty years focusing on real estate, distressed debt and equity and international value as well as selected private equity and venture investments. Among other transactions, having purchased Pace Membership Warehouse Inc. in a leveraged buyout from Kmart Corp and thereafter completed more than $400 million in successful sale/leaseback and other real estate related transactions, Mr. Squires has now formed Delos Shipping as an investment platform focused on shipping sale/leasebacks and opportunistic operating vessel acquisitions. Mr. Squires is a graduate of Penn State University and the Harvard Graduate School of Business and has previously served as a director of GSTV, Inc., and public companies including Boss Holdings, Inc and Box Energy Corp. Mr. Squires currently serves as a Trustee of the St. Mark’s School of Texas.

Brian Ladin (Founder)

Mr. Ladin is the co-founder of Delos Shipping. Prior to Delos, Mr. Ladin was a partner at Bonanza Capital, a $600 million investment manager where he met Richard Squires who was an investor as an LP. At Bonanza, he was responsible for investments in shipping, technology, telecommunications, media as well as direct investments. Mr. Ladin generated over $100 million in profits, earning multiples on the partial acquisition and subsequent public offering of Euroseas, a dry bulk and container owner and operator. Prior to Bonanza, Mr. Ladin was a partner at Talisman Capital, where he identified and executed over seventy direct investments in both public and private companies in the United States and abroad, representing over $100 million in deployed capital. Mr. Ladin is a Chartered Financial Analyst ("CFA"). He is a member of the board of directors of Koenig & Cie. (private ship owner), and formerly of Points International Ltd. (NASDAQ:PCOM). Mr. Ladin earned a BA in Political Economy from Tulane University, and is a member of Lone Star YPO.