Finance & Development

  • 25+ years in Real Estate and Finance
  • Former Portfolio Manager for over $3B in assets
  • Served as Director for Firewire Surfboards
  • Former Mayor and City Council member for City of Solana Beach, CA

Active in finance, real estate, politics, and conservation for more than 25 years, Doug is a founding partner at Beach Street Development and Desert Wave Ventures. Prior to Beach Street, Doug was a Senior Partner and Portfolio Manager of approx. $3B in equity assets at Rice Hall James & Assoc.  From there, Doug went on to form Paramo Capital Management in 2009 and served as Senior Portfolio Manager of The Paramo Fund, L.P.  Doug Subsequently founded BAAS Investment LLC to develop residential and mixed-use properties in San Diego and Tijuana, Mexico and is a long-standing Director of the Richmond Corporation, owner and operator of retail developments in Maryland and Virginia.

In addition to his work experience, Doug also served as a City Councilmember and Mayor of the City of Solana Beach from 2000-2004. Throughout his career, Doug has served on the Boards of numerous public and private entities, both for-profit and philanthropic. He was a long-time Director at surf industry leader Firewire Surfboards and environmental organization Nature and Culture International, Inc. Doug’s environmental efforts continue as a Director of Wildcoast (Costasalvaje) a multinational organization that seeks to conserve the ocean environment, coastlines, and marine life throughout Mexico, Cuba, and the United States. A long-time surfer, fisherman, and explorer of Mexico’s coastlines, Doug resides in Del Mar, California, with his wife and three boys.