National Equity Fund

ANNUAL REPORT

During times when investor equity was more difficult to obtain, we forged relationships with unconventional lenders. In the pioneering days of supportive housing, we focused not on if it could be done, but on how to make it happen.

Key In Lock

The year 2020 was unprecedented in so many ways. Amid the reality of an ongoing global pandemic and the magnification of the social and racial injustice that has been in place far too long, we heard an increasingly greater – and louder – call for help. The need for affordable housing, jobs and community support had never been more critical or challenging. But from those challenges, we found new opportunities to extend our mission to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing. As part of our mission, we strive to be a diverse, equitable and inclusive place to work so that our team has the experience and knowledge to support our partners and communities effectively.

Learn More: 2020 The Year in Review

Key Contacts

Alex Denja

Alex Denja

SVP CFO/COO

Alex Denja is a senior vice president at National Equity Fund, Inc. and serves as its CFO and COO. Since joining NEF in 2001, Denja’s forward-looking and proactive perspective has helped create the success from which both NEF and its investors benefit.

His experience and background as a financial manager for BP and his years at NEF provide Denja with a comprehensive understanding of many areas of business and the ability to communicate with a variety of financial professionals.

Denja’s career began as an auditor for KPMG followed by a position as a financial analyst with marchFIRST, Inc. He left NEF in 2008 to accept a position as financial manager for BP before returning in 2010.

Denja has a bachelor’s degree in accounting from the University of Illinois-Champaign/Urbana and an MBA from Northwestern’s University’s Kellogg School of Management. Denja is also a CPA.

Reena Bramblett

Reena Bramblett

SVP Equity Placement

Reena Bramblett serves as National Equity Fund, Inc.’s senior vice president for equity placement responsible for developing investment strategies as well as placing product with NEF’s funds.

Since joining NEF in 2010, Bramblett has played an instrumental role in the growth of proprietary equity placements and management of key investor relationships.

Bramblett previously worked as an auditor with Deloitte as well as occupying positions of SVP of underwriting and originations, chief risk officer and chief financial officer at Homestead Capital.

She holds a bachelor’s degree in accounting from the University of Connecticut and is also a certified public accountant.

Mark Siranovic

Mark Siranovic

SVP Investor Relations

Mark Siranovic brings his extensive experience in treasury management, financial analysis and accounting to his position of senior vice president, capital markets for National Equity Fund. Concentrating on raising LIHTC capital from new investors and continuing NEF’s annual multi-investor fund opportunities, Mark oversees NEF’s fund management team.

Since joining NEF in 1994, Mark is credited with the creation of NEF’s secondary and guarantee transaction processes and implementing the fund financing structures for some of its largest investors. Additionally, Mark worked on some of NEF’s syndicator takeovers, including responsibility for the integration of the Homestead transaction as well as a re-syndication of LP interests held by the FDIC.

Past positions include senior budget analyst with British Telecom North America, treasurer of Saul Stone & Co. and accountant with Glass Ginsburg Ltd.