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Doug McDonald founded Bancroft Capital in 1992. He currently leads Bancroft’s acquisitions and analysis efforts. Formerly, Mr. McDonald held a post as a Project Manager at TELACU/Carpenter in Irvine, CA. His responsibilities included asset management and disposition of over $250 million in non-performing loans and real estate on behalf of the Resolution Trust Corporation (RTC). He began his professional life as a financial analyst at Merrill Lynch and holds a bachelor’s degree in business administration from the University of California at Berkeley.