A STRATEGIC APPROACH TO SUCCESS
Thinking, planning, acting and achieving results – these are the hallmarks of the Valeo Fund.

Management Team

The Management Team has broad experience in market evaluation, asset evaluation, acquisition structuring and implementation, asset management and exit strategies. 

W. Frederick Hamm
Co-Founder and Managing Director
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Fred HammMr. Hamm co-founded Valeo Fund and is responsible for the day- to-day management and administrative activities of the Fund. He also serves on the investment committee. Prior to forming Valeo Fund, Mr. Hamm was an Executive Officer of Keystone Group, a private wealth management company. Mr. Hamm has more than twenty years of experience as a private wealth manager and investment consultant. His primary responsibilities at Keystone were to manage clients' cash, equities, and real estate assets. He has spent the majority of his professional career serving high net worth clients and investors with the goal of conservatively growing portfolios. Preserving wealth, through effective risk management, has always been Mr. Hamm's top priority. Mr. Hamm has experience in creating and managing various investment vehicles, domestic and foreign. In addition to doing business in the U.S., Mr. Hamm has multinational experience in Japan, Singapore, United Kingdom, Switzerland, Bermuda, and Canada. Mr. Hamm earned a B.B.A. in Finance at The University of Texas-Austin. He also earned an M.B.A. at The University of Texas-Permian Basin.


Michael S. Lewis
Co-Founder and Managing Director
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Mike LewisMr. Lewis co-founded Valeo Fund and is responsible for managing the day-to-day operations of the real estate assets. He also serves on the investment committee. Prior to forming Valeo Fund, Mr. Lewis was a Managing Director and a member of the Executive Committee at Crescent Real Estate Equities, a wholly owned subsidiary of Morgan Stanley. Mr. Lewis was with Crescent from 1994 until his departure in the fall of 2009. His primary responsibilities at Crescent were to manage operations, marketing, enhancing property values and advise the strategic direction of all of Crescent's commercial real estate holdings. During Mr. Lewis' tenure, Crescent Real Estate Equities was a $6.5 billion company, with more than 30 million square feet of prime office real estate throughout the United States. While managing Crescent's operations, Mr. Lewis and his team provided full-scope real estate services for Crescent's tenants and clients. While serving as Managing Director of Crescent Real Estate Equities, in less than three years, Mr. Lewis successfully led his team in securing lease transactions exceeding $750 million. During that same period, Mr. Lewis was part of the team responsible for disposing of more than $1.5 billion in assets. Mr. Lewis earned a B.B.A. in Business from The University of Texas-Austin.


Stephen M. Lipscomb
Co-Founder and Managing Director
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Steve LipscombMr. Lipscomb co-founded Valeo Fund and is responsible for the day-to-day management and investment activities of the Fund. He is chairman of the investment committee. Prior to forming Valeo Fund, Mr. Lipscomb was the National Director of Archon Retail, the shopping center platform of Archon Group, a Goldman Sachs Company. He held that position from 2001 - 2009. At Archon, Mr. Lipscomb and his team were responsible for the company's acquisition, development, leasing, asset management, and underwriting of retail properties. Under his direction, Archon Retail grew to include five regional offices across the U.S. and a team of over 20 real estate professionals. Prior to his tenure at Archon, Mr. Lipscomb was President of NorthAmerican Properties - Southwest Retail Group. Prior thereto, he was an operating partner for retail development at Lincoln Property Company. Mr. Lipscomb is a member of the International Council of Shopping Centers. He also serves on the Advisory Board of the Center for Real Estate Finance at the McCombs School of Business at the University of Texas-Austin. Mr. Lipscomb received his B.B.A. in Marketing with a concentration in real estate from The University of Texas-Austin.


James E. Yoder
Managing Director
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Jim YoderMr. Yoder serves as a Managing Director and is a principal in the Fund. He is responsible for the day-to-day operations of the real estate assets and serves on the investment committee. Prior to joining Valeo Fund, Mr. Yoder served as Managing Director of Jones Lang LaSalle's Investor Services group, serving both institutional and private clients. Under his direction, Mr. Yoder and his team leased and managed a portfolio of more than 12 million square feet. In addition, he supported the JLL investment sales team. Prior to joining Jones Lang LaSalle, Mr. Yoder served as a principal at Trammell Crow Company where he led a team of 41 brokers in the Corporate Advisory Services Division. During his tenure at Trammell Crow Company, Mr. Yoder also led a team that managed and leased an office building portfolio of 17.5 million square feet. Prior thereto, Mr. Yoder provided leasing, asset management, and acquisition services on behalf of Tower Realty Management Corporation, a subsidiary of the Government of Singapore Investment Corporation. Additionally, Mr. Yoder led the disposition of 47 office building assets as an REO Marketing Manager for Bluebonnet Savings Bank, FSB in the early 1990's. Mr. Yoder is a Certified Commercial Investment Member (CCIM) and is President Elect of the North Texas Commercial Association of Realtors (NTCAR). Mr. Yoder received a B.A. in Economics from The University of Texas-Austin.