Ascendance Partners was founded in 2006 by Craig K. Huffman and John A. Puntillo. The Principals have over 25 years of combined experience bringing an institutional approach to underserved real estate markets in the metropolitan Chicago area.
Mr. Puntillo is a Co-Founder and Principal of Ascendance Partners. Prior to Ascendance, Mr. Puntillo was an Assistant Vice President with General Electric Capital Corporation’s middle-market Sponsor Finance business. Prior to that, Mr. Puntillo was an Associate with Madison Dearborn Partners, Inc., where he focused on private equity investments in the communications sector. Prior to Madison Dearborn, he was with Citigroup's investment bank (formerly Salomon Brothers), where he worked on lead-managed transactions in which over $5.5 billion was raised via high-yield debt and public and private equity. Mr. Puntillo holds a B.B.A. from The University of Notre Dame. Mr. Puntillo is a member of the International Council of Shopping Centers (ICSC) and is a licensed real estate broker in Illinois and Indiana.
Mr. Huffman is a Co-Founder and Principal of Ascendance Partners. Prior to Ascendance, Mr. Huffman worked in diverse senior management roles in the sectors of entrepreneurship, education, non-profit and politics. Mr. Huffman is a graduate of the 2000 class of Leadership Greater Chicago and his community and philanthropic board involvement includes the Beverly Area Planning Association (BAPA), College Possible Chicago, and the Healthy Communities Foundation. Mr. Huffman holds a B.A. from Morehouse College, a master’s degree and an MBA from the University of Chicago. Mr. Huffman is a member of the International Council of Shopping Centers (ICSC) and is a licensed real estate broker in Illinois.
Mrs. Falasco is responsible for all accounting and financial analysis activities. Previously, Mrs. Falasco worked for Basi, Basi and Associates at The Center for Financial, Legal & Tax Planning, Inc. Prior to that, she was with Community Health & Emergency Services, Inc., Ernst and Young LLP, and Cohen, Smith & Company. Mrs. Falasco holds a B.B.A. in Accounting Information Systems and a Master’s of Accountancy from Stetson University.
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