Summer Street Advisors


Senior Advisory Board


Richard Herstein

Richard is a Commercial Real Estate finance professional with broad, growth-oriented skill set developed over a progressive and diverse career of thirty-five years at the General Electric Company with the majority of time spent in GE Capital's commercial real estate business.

Among Richard’s expertise are: Risk Management, Underwriting, Asset Management, Workouts/Restructuring and Originations as well as Business Development. He has experience with all major collateral types (office, retail, industrial, multi-family) as well as many speciality property types (hotels, mini-storage, mobile home parks, etc.) and Structures: straight debt, mezzanine debt, participating debt, standby commitments, equity.

He is familiar with primary and secondary domestic markets as well as major international markets. He has a BA in Economics from St. Lawrence University and an MBA from UCONN.


Richard L. Kelsey

Founder of Paragon, Richard offers expert and experienced valuation counsel reflecting over 35 years of business and intangible asset valuation opinions and counsel to private and public corporations in many business sectors. Before founding Paragon, Richard developed his valuation skills and experience as an office of Bank of American Investment Banking Group (Mergers and Acquisitions) and an officer of American Appraisal Associates, a global valuation consulting firm.  Richard has provided valuation advice to large multinational corporations as well as middle market companies and small businesses in many business sectors.

Richard has a BS in Mechanical Engineering from Marquette University and an MBA from the University of Denver Daniels College of Business.  He has a professional affiliation with the American Society and Appraisers as a Senior Accredit Appraiser in Business Valuation and Past Connecticut Chapter President.  He has served as Chairman at the Darien Chamber of Commerce and is a mentor and lecturer of SCORE business counselor organization.


Alexander I. Paluch

Alex serves as Chief Executive Officer, President and Chairman of Continuum Care Holdings, a healthcare services company and a Principal at Perun Capital. Mr. Paluch has more than 25 years of information technology and health care investment and advisory experience as a management consultant, senior executive, fund manager and an investor. As such, he has led and managed numerous equity and debt financings, and syndicated and completed large secondary financings for private and public companies, and served as the Chairman of the Board, Director, Chief Executive Officer, and Chief Technology Officer for many of the companies he founded, sponsored or financed. Mr. Paluch has co-founded and acted as a General Partner of a series of successful private investment funds primarily focused healthcare and applied technology where he structured, financed, managed and realized investments in companies in the United States and Europe.

Mr. Paluch’s career includes work at AT&T, Cable and Wireless, and financial and management consulting at SPA and Gibbons Consulting. Mr. Paluch serves as a Director of Towerview and Dahani Systems. He served as Chairman of Health Language Inc., and a Director of iLife Systems, EquiFin, and Velocity Express (VEXP). He was a co-founder and Director of Touchstone. Mr. Paluch served as a Member of the Technology Advisory Committee for both the Department of State and the Office of National Service. He is a regular guest Lecturer on entrepreneurship at Columbia Business School and the Yale School of Management. He has spoken frequently on growth capital investing in the United States and in Europe.

Mr. Paluch was a Rotary Scholar at the London School of Economics. He received a J.D. degree from Georgetown University Law Center and a M.P.P.M. and a B.A. degree in Economics from Yale University.


Allen Rosenberg

Allen is currently a mentor for SCORE, a volunteer national organization that provides free one on one mentoring services to small business in the United States.  SCORE is a resource partner with the US Small Business Administration. Leadership skills encompass direct marketing, catalog development, strategic planning, advertising, promotional strategies, team building, as well as, multi-channel marketing are all areas of expertise for Allen.

Allen co-founded Marke Communications in 1979, and today still provides integrated marketing strategies for the internet, retail, direct marketing catalog businesses, and major corporations. In 2013, began the Allen Rosenberg Group, which currently provides marketing strategies, collateral advertising materials, implementation of broadcast advertising production, client media placement,  consulting services for retail, graphic art and pre-media companies.

Allen’s proven track record in retail, direct response and omnichannel marketing enables The Allen Rosenberg Group to offer clients cross-capabilities assistance in building strategic teams, establishing dynamic brand identities and launching web-based and mobile initiatives. The Allen Rosenberg Group is results driven, pushes the envelope, and helps to maximize ROI by fostering customer relationships and experiences at every touchpoint.

Previously, Allen was a founding partner of one of the most respected direct mail advertising agencies in the industry, with clients that included Talbots, Reader's Digest, Macy's, Anthropologie, Nordstrom, Sears and IBM Direct. Allen broadened the company’s focus and scope to include a spectrum of corporate leaders in finance, nutrition, technology and entertainment. Allen obtained a Bachelor of Arts in Business & Communications from Parsons College.