PEOPLE

Adam Rubin leads Carolwood’s overall investment strategy and oversees all aspects of the firm’s transactions—from initial negotiation through closing. He is responsible for managing the firm’s financing activities, capital raising efforts, and investor communications. In addition to his role at Carolwood, Adam serves as President and CEO of The L&R Group of Companies, a Los Angeles-based real estate and parking conglomerate with a long-standing presence in the industry.

Adam is a graduate of Harvard-Westlake School and attended New York University’s Schack Institute of Real Estate, where he studied real estate finance.

Andrew Shanfeld is responsible for identifying new investment opportunities, leveraging his deep network of industry professionals and business owners. He oversees all aspects of private equity origination and real estate acquisition. In addition, he supervises all aspects of asset management across the firm’s portfolio, including daily operations, construction, and the implementation of strategic repositioning plans tailored to each asset.

Before co-founding Carolwood, Andrew spent two years in the acquisitions department at Decron Properties, a Los Angeles-based real estate investment firm.

He holds a B.A. in Economics from the University of Michigan and is a graduate of Harvard-Westlake School.

Tyler Convery joined Carolwood in 2020 as Director of Acquisitions and transitioned to Chief of Staff in 2025. In his current role, Tyler supports the firm’s co-founders, Adam Rubin and Andrew Shanfeld, in advancing strategic initiatives, optimizing internal operations, and facilitating firm-wide growth across Carolwood’s expanding real estate portfolio and broader investment platform. He plays a central role in cross-functional coordination, executive planning, and the execution of high-impact priorities as the firm scales.

Tyler holds a B.A. in Public Policy and Real Estate Development from the University of Southern California.

Spencer Towill leads private equity evaluation and execution at Carolwood. In addition to spearheading these efforts, he plays a key role in the firm’s deal origination and business development initiatives.

Prior to Carolwood, Spencer worked at Diversis, a leading technology buyout fund investing across different strategies including corporate divestitures, special situations, and founder-owned businesses.

Spencer graduated from Harvard Westlake and later attended UC Davis, where he studied Business Economics.

Mr. Escamilla has a proven track record of success in restaurant and retail operations. His extensive experience, spanning over two decades with both large corporations and smaller businesses, speaks to his versatility and adaptability.

During his tenure at YUM! Brands, Mr. Escamilla held various leadership positions in both corporate and franchisee operations, showcasing his ability to navigate different organizational structures. He is recognized for his servant leadership style, his focus on creating a positive culture, and his ability to adapt his leadership approach to different situations.

Mr. Escamilla's strengths include driving top-line sales, increasing margins, and fostering a strong passion for people development. He also excels in strategic planning, process optimization, resource management, team building, performance management, and accountability.

Shant Hambarchian serves as Director of Finance at Carolwood, where he leads financial strategy, project management, and development initiatives for all food and beverage ventures within the firm’s portfolio.

Shant began his career at FOC NYC, a hospitality-focused real estate consulting firm, where he helped develop high-profile food and beverage concepts in landmark properties such as Rockefeller Center and the Whitney Museum. He went on to oversee operational finances at Grand Tour Hospitality, a prominent New York City restaurant group, as well as Bottom Line Hospitality, a financial management firm serving hospitality clients nationwide.

Most recently, Shant played a key role in the development of Coco’s at Colette, an exclusive private members club located in New York City’s iconic GM Building.

He holds a degree from the University of Southern California’s Marshall School of Business.