Chris Burbach is President and Chief Executive Officer of Fundamental Income. He also jointly leads the Company’s Investment Committee. Chris co-founded Fundamental Income in 2018 and led the acquisition of the Company by Starwood Property Trust in 2025 for $2.2 billion.

Before founding Fundamental Income, Chris served as Executive Vice President of Underwriting for STORE Capital for seven years. In that role, he led the underwriting of approximately $12 billion in net lease investments, including over $7.5 billion in closed transactions. Chris also served as both a member and chairman of STORE’s Investment Committee. In addition to his investment and management responsibilities, Chris co-led numerous aspects of STORE’s capital markets activities, including corporate capital strategy, corporate credit ratings, the issuance of $725 million in investment grade corporate unsecured notes, and the issuance of over $2 billion in asset-backed notes, including A+ and AAA-rated notes.

Before joining STORE, Chris spent six years at Spirit Finance Corporation, where he served as the Vice President of Investment Management responsible for managing the company’s $3.5 billion real estate investment portfolio, in addition to managing the underwriting group. Chris earned his B.S. in Finance from Santa Clara University and his M.B.A. from Arizona State University. Chris is also a CFA® charterholder.

Reed Dodenhoff is the Chief Investment Officer of Fundamental Income. In this role, Reed jointly leads the Company’s Investment Committee and is responsible for leading the firm’s investment team and investment strategy. As part of Fundamental’s investment committee, Reed has evaluated over $4.5 billion of net lease investments, including overseeing approximately $3.0 billion of closed transactions.

Before joining Fundamental Income, Reed was an investment professional in the Middle Market Finance Group of Oaktree Capital Management, a global asset management firm specializing in alternative investment strategies. At Oaktree he was responsible for originating, underwriting, and executing new debt and equity investment opportunities in leading middle market companies. Prior to his time at Oaktree, Reed worked at Rothschild & Co, a multinational investment bank, within the Restructuring and Debt Advisory Group. In total, Reed has approximately 15 years of investment and capital markets experience across net lease real estate and private credit.

Reed graduated with a Bachelor Degree of Business Administration from Stephen M. Ross School of Business at the University of Michigan.

Matt Burbach is the Chief Operating Officer of Fundamental Income. Matt is primarily responsible for leading all aspects of the Company’s operations and legal activities. Matt also serves as a member of the Investment Committee.

Matt previously served as senior counsel for Ryan Companies, a vertically integrated real estate development, construction, and investment company with over $2 billion in annual revenue. In that role, he negotiated and drafted transactions for the acquisition, development, leasing, and financing of office buildings, industrial facilities, multi-family residential complexes, retail, and mixed-use centers across the United States, including complex projects with development budgets in excess of $200 million. He has extensive experience advising senior executives and management on risk management, capital structuring, equity formation, and construction financing.

Before joining Ryan Companies, Matt spent twelve years in private legal practice where he represented a variety of real estate clients, including a national triple net sale-leaseback REIT. Matt earned his B.S. in Finance from Santa Clara University and his J.D. from Georgetown University Law Center.

Tanner Phillips is the Chief Portfolio Officer of Fundamental Income. He leads the Company’s portfolio management and related capital markets activities, overseeing portfolio performance, guiding proactive risk management strategies, and ensuring efficient capitalization. Tanner also serves as a member of the Company’s Investment Committee.

Before joining Fundamental Income, Tanner served as the Executive Vice President of Real Estate & Investments and Chief of Staff for 4Front Ventures (FFNT.CN: CSE). In this role, he was responsible for sourcing, capitalizing, and managing all real estate and investments across 4Front’s national operating platform. Before joining 4Front, Tanner served as Vice President of Credit and Underwriting at STORE Capital Corporation (NYSE: STOR), where he managed the underwriting team and jointly led the underwriting and execution of more than $5 billion in single-tenant, net lease acquisitions. Tanner also previously worked at Wachovia Bank and Wells Fargo Corporation (NYSE: WFC) as a Fixed Income Trader, where he focused on taxable interest rate structured products.

Tanner earned his B.S. in Finance and Entrepreneurship from the Eller College of Management at the University of Arizona.

Tristen Pfeifer is a Managing Director of Investments at Fundamental Income. In this capacity, Tristen is responsible for sourcing, reviewing, and executing single-tenant acquisition and investment opportunities across North America. Mr. Pfeifer also serves as a member of the Company’s Investment Committee.

Before joining Fundamental Income, Tristen served as Managing Director, Head of Net Lease Investments at Keyway, a venture capital backed prop-tech start up. He was responsible for leading the Net Lease team’s acquisition process including sourcing, underwriting, closing, and managing portfolios of Net Lease assets.

Prior to Keyway, he worked at STORE Capital Corporation in both the underwriting and acquisitions departments. As a Senior Underwriter, he evaluated and presented over $500MM worth of net lease transactions. After being promoted to Managing Director, Acquisitions Tristen jointly sourced, priced, and closed over $750MM worth of transactions. Tristen earned his master’s degree in finance at the W.P. Carey School of Business at Arizona State University after completing his undergraduate studies in finance and economics at Grand Canyon University. Tristen is also a CFA® charter holder.

James Barranco is a Managing Director of Fundamental Income. James's primary responsibilities include originating, underwriting, structuring, and executing net lease investment opportunities, as well as monitoring the firm's existing investment portfolio. James also serves as a member of the Company's Investment Committee.

Since joining Fundamental Income in 2021, James has originated, underwritten, and executed over $1.5 billion in net lease investments.

Prior to joining Fundamental Income, James worked at ING Group in New York, where he was a member of the Leveraged Finance team covering the Technology, Media, and Telecommunications sectors. At ING, James focused on underwriting and executing debt financings for sponsor-backed companies, including mergers and acquisitions, leveraged buyouts, dividend recapitalizations, and restructurings. His responsibilities included credit analysis, financial modeling, capital structure analysis, and negotiating financing documentation.

James received his B.A. in Business, Organizations, and Society from Franklin & Marshall College, with a concentration in Finance.

Jordan Medl is a Managing Director at Fundamental Income, where he focuses on originating, structuring, underwriting, and executing single-tenant net lease investments, as well as managing his existing portfolio of investments and client relationships. Jordan also serves as a member of the Company’s Investment Committee.

Jordan has been involved in over $2.0 billion of net lease transactions throughout his career across more than 400 properties in the retail, service, and manufacturing sectors. His investment approach combines an assessment of tenant creditworthiness, industry dynamics, and capital structures with an understanding of the underlying real estate and its importance to a tenant’s operations.

Prior to Fundamental Income, Jordan served as Senior Financial Analyst at 4Front Ventures, where he led financial planning and analysis and financial modeling, supporting the company’s path to profitability and the raising of more than $45 million in new capital. Previously, Jordan was a Senior Underwriter at STORE Capital Corporation, where he evaluated tenant financial performance, business models, and industry trends to assess the credit risk of net lease investments. Jordan began his career at Resolute Commercial Services, focusing on business advisory, restructuring, and turnaround consulting. This experience informs his approach to evaluating cash flow durability, downside risk, and long-term investment performance.

Jordan earned his B.S. in Finance from the W. P. Carey School of Business and Barrett, The Honors College at Arizona State University. He is currently a Level II candidate in the Chartered Financial Analyst (CFA®) program.

Martin Burch serves as Vice President of Investments at Fundamental Income, where he leads the implementation and integration of artificial intelligence across the firm’s investment and operating functions. His responsibilities also include real estate underwriting, market research, portfolio analysis, and data management.

Since joining Fundamental Income, Martin has evaluated and underwritten the real estate underlying a broad range of net lease investment opportunities and helped develop the firm’s data infrastructure. In his expanded role, he focuses on applying AI and technology to improve workflows, strengthen analysis, and support decision-making across the company.

Martin graduated from the University of Notre Dame in 2020 with a B.B.A. in Business Analytics.

Jack Carlino serves as Vice President at Fundamental Income. Jack’s primary responsibilities include screening and underwriting investment opportunities as well as ongoing portfolio management

Before joining Fundamental Income, Jack founded and operated wanamakers.com, an online auction platform servicing the Thoroughbred horse racing industry. Jack’s other experience in the Thoroughbred industry included working for leading stud farm, Hill ‘n’ Dale, and for Classic-winning trainer, Michael McCarthy.

Jack graduated from the University of Louisville in 2016 with a B.S. in Business Administration and holds a Graduate Certificate in Management from University College Dublin Michael Smurfit Business School.

Erin Fearon is a Senior Associate at Fundamental Income. Erin’s primary responsibilities include supporting the Chief Investment Officer as well as assisting with lead generation and daily functions of the business development team.

Before joining Fundamental Income, Erin served as Marketing Manager for Catellus Development Corporation. As Marketing Manager, she was responsible for project and partner communications, marketing strategies, and assisting with new business development.

Erin received a B.S. in Communications and Marketing from The University of Arizona.

Jonathan Jaggard is a Vice President at Fundamental Income. Jonathan’s primary responsibilities include real estate underwriting, transaction analysis, tenant due diligence, portfolio valuation, and market research.

Before joining Fundamental Income, Jonathan served as an Associate at KPMG, LLP (Chicago), as a member of the firm’s Real Estate Valuation group. As an Associate, he was responsible for market research, cash flow analysis, cost analysis, and other valuation activities for a wide variety of asset classes both nationally and internationally.

Jonathan received a B.S. in Business from the Kelley School of Business at Indiana University – Bloomington with a double major in Finance and Real Estate.

Pavan Koneru is an Analyst at Fundamental Income. Pavan’s primary responsibilities include real estate underwriting, transaction analysis, tenant due diligence, portfolio valuation, market research, and support in company-related investments.

Before joining Fundamental Income, Pavan worked in commercial real estate advisory focused primarily on net lease and sale leaseback investments across the U.S. & Canada. He served in roles that covered real estate underwriting, business development, and market analysis.

Pavan attended Indiana University – Bloomington where he received a B.S. in Economics and a minor in Business.

Jennifer serves as Senior Manager of Real Estate Transactions for Fundamental Income and brings more than 20 years of experience supporting complex commercial real estate and construction transactions across multiple states. She is highly skilled in working with legal counsel and third‑party vendors, with deep expertise in transaction administration and post‑closing management. Known for her ability to manage dozens of transactions simultaneously, Jennifer thrives in fast‑paced environments and enjoys the constant challenges that come with commercial real estate.

Originally from Northern California’s Wine Country, Jennifer spent 13 years in New Mexico before making Arizona her home. Outside of work, she enjoys spending time with her son, who is currently in college, and her beloved furry companion, Rowe.

Kelsey McKone serves as Senior Manager of Human Resources & Company Culture at Fundamental Income, where she plays an integral role in shaping the firm’s people strategy, organizational culture, and employee experience. As an early member of the Fundamental Income team, Kelsey has helped build and strengthen the company’s human resources function, developing foundational policies, procedures, employee resources, and performance management practices that support organizational growth and a strong workplace culture.

Prior to joining Fundamental Income, Kelsey spent eight years as an educator at St. Francis Xavier Jesuit Elementary School in Phoenix, where she taught junior high and led student enrichment and community initiatives. Her background in education, combined with her experience in human resources and organizational development, informs her people-first approach to leadership, employee engagement, and supporting Fundamental Income’s high-performing team.

Kelsey is committed to community impact and nonprofit leadership, including serving on the Board of Directors for Hope Ignites Phoenix. A fourth-generation Phoenician, she earned her B.A. from the University of Arizona, a Master’s in Education from Grand Canyon University. She is passionate about fostering meaningful connections, cultivating strong organizational cultures, and helping organizations and their people thrive.

George Rouman serves as an Associate at Fundamental Income. George's primary responsibilities include real estate underwriting, transaction analysis, tenant due diligence, portfolio valuation, and market research.

Before joining Fundamental Income, George was a student at the University of Wisconsin-Madison. While in school, he interned with UBS in the firm's Madison office where he provided general support to the team of financial advisors and associates.

George graduated from UW-Madison in 2022 with a BBA in Finance, Investment & Banking and also holds a Certificate in Sports Communication.

Mandy Ruehle serves as Senior Manager of Real Estate Transactions for Fundamental Income. She has over 15 years of experience in a wide variety of real estate matters, across multiple states in single and multi-family acquisitions, dispositions, and property management. She spent the last several years at the forefront of the transaction management platform for a major iBuyer and managed the successful closing of approximately $4 billion in combined acquisition and disposition transactions in 2021.

Mandy grew up in Owosso, Michigan but has spent the last 15 years between the warmer weather states of Hawaii and Arizona. She has one naughty and nice fur child named Emma Boo.

Ivan Teng serves as an Associate at Fundamental Income. Ivan’s primary responsibilities include credit & real estate underwriting, transaction analysis due diligence, portfolio management, and support in company-related investments.

Ivan received his B.A. in Economics and a minor in Accounting from the University of California, Los Angeles.