Stephen B. Jaeger, Founder and Managing Partner of Argonaut Investments. Responsible for all day to day operations of the firm, Steve brings significant experience in all phases of real estate investment management including acquisitions, leasing, finance, development, dispositions, and investor relations. Since 1992, he has acquired and managed over $150M in real estate assets for himself and high net worth investors. Through a patient and focused investment approach, Steve has grown a portfolio of shopping centers and manufactured housing communities which has produced considerable and above market returns for all of his partners.

Together with Preston Cook, his business partner of 20 years, Steve has built a fully integrated investment and property management firm prepared to handle significant growth in the years ahead. Prior to forming Argonaut, Steve began his career in real estate in 1988 at TRI Commercial Brokerage in San Francisco where he completed over 100 sale and lease transactions. He is active in several San Francisco athletic and social clubs and a variety of local and national charitable organizations. Steve received his BA in Economics in 1987 from the University of California, Santa Barbara.

Michael Karasik, Managing Partner. Michael was born in Peoria, Il., and spent his formative years there and attended college at the University of Illinois, Champaign-Urbana campus. In 1977 he received his BS degree in Accountancy, having achieved highest honors (Bronze Tablet) and became a Certified Public Accountant in 1977. From 1977-1979, Mr. Karasik lived in Dallas, Texas and worked in the public accounting arena for both Haskins and Sells and Alexander Grant & Company, fulfilling his experience requirement for his CPA license. In 1979 he moved to San Francisco, California, where he attended night school and received his Masters in Business Administration from the University of San Francisco in 1981. Mr. Karasik is also a licensed California real estate broker.

As an auditor in the late 1970's, Michael had a real estate investor/developer as a client and became fascinated with the real estate business. Upon arrival in San Francisco, the position of Controller for Marathon US Realty, Inc. was accepted. Marathon was a division of Canadian Pacific Railway, a publicly held Canadian real estate developer. He held this position until 1983, when he married Cynthia Bolton, a marriage that has lasted 26 years to date. They currently reside in Piedmont, California with their 2 daughters, 16 year old Alexandra and 12 year old Nicola.

After leaving Marathon, Michael accepted a position as Chief Financial Officer at General Atlantic Development Company (GADCO), the real estate division of General Atlantic Partners, a New York based venture capital company. In 1990, Michael and his co-worker started GA Properties, an independent development and property management firm devoted to developing, managing, leasing, operating, refinancing, and ultimately selling all of GADCO's real estate assets, except for Bayside Village Apartments. Bayside Village is still in existence, and Mr. Karasik oversees the management of this $225 million asset, as well as maintaining his small ownership interest in the apartment complex.

In 1998 Michael started ROK Properties, primarily a property management company located in San Francisco, California. Over the course of the next ten years, he and his then partner developed, leased, financed, operated, and managed eight projects totaling 1 million square feet. These projects were primarily office buildings, but also included a retail component as well as residential for sale condominiums. This portfolio was liquidated by mid-2008, prior to the economic downturn.

Mr. Karasik is currently investing with Stephen Jaeger in neighborhood and community based shopping centers. The first of these is Court Street Plaza in Pasco, Washington. Additionally, he is partnering with Stephen Jaeger in the asset and property management venture named JK Capital Management, LLC. The partners will operate their investment assets going forward based upon the collective 50+ years of experience in the real estate business.

Tien Pham, Head of Asset and Property Management. Tien is responsible for overseeing all of the management and leasing of Argonaut's portfolio. His responsibilities include monitoring the day-to-day operations of all properties, maintaining relationships with tenants and vendors, leasing, and preparation of annual property budgets and asset management plans.

Prior to joining Argonaut, Tien served as a Property Manager at Harsch Investment Realty, a large commercial real estate company with over 200 properties and more than $1.5 billion under management. He co-managed 600,000 square feet of property in San Francisco, including a 26-story office/retail building, a 90-room boutique hotel, and a 9-story parking structure, with a combined worth of $150 million. Tien was in charge of preparing annual budgets ($35 million), business plans, monthly and quarterly financial reports for the properties as well as for tracking and reconciling all financials. He managed administrative and building staff as well as cultivated and maintained relationships with vendors and contractors. He also negotiated new leases and renewals, oversaw tenant improvement and capital projects, and developed and implemented a variety of innovative tenant relations strategies. Tien received a B.S. in Biological Sciences and a minor in Philosophy in 1989 from the University of California at Irvine.

Tim McCarthy, Controller. Tim McCarthy is responsible for all finance and accounting functions of Argonaut Investments. During the past 12 years, Tim has held senior accounting positions in the real estate and financial services industries. Prior to joining Argonaut, Tim was a Controller at Legacy Partners Residential, Inc., a large privately held investment company focused on multi-family residential investments in the Western U.S. Markets. Tim was directly responsible for the accounting on 9 separate properties valued at over $500M and with annual revenue of nearly $55M. Tim earned a B.S. in business administration, with a concentration in accounting, from California State University at Chico in 1983. He has passed the California CPA exam, and is an active participant in various industry and social associations in Northern California.

Jennifer Jamieson, Office Manager. Jennifer has been a Real Estate Agent since 2005. Prior to becoming an agent, Jennifer assisted Top Producing agents with McGuire and Pacific Union. She has an A.A. degree in Accounting and is working toward a B.A. in Accounting.

Jennifer is an active volunteer for Wildcare in San Rafael and has been volunteering with wildlife for 14 years. In her free time, she enjoys working with animals, lifting weights, and participating in outdoor sports.