Jonathan Langer is the Founder and Managing Member of Fireside Investments.

Prior to founding Fireside, Mr. Langer spent sixteen years at Goldman Sachs. While at Goldman Sachs, Mr. Langer was a Partner, Head of North American Investments and Global Head of Hospitality Investments. After leaving Goldman Sachs in 2010, Mr. Langer was an Operating Partner at Bain Capital and Chief Executive Officer and President of NorthStar Realty Finance Corp. (formerly NYSE: NRF).

Mr. Langer is currently a member of the board of directors of Concert Golf Partners, International Market Centers, National Express Wash, Ooedo Onsen Holdings and KKR Real Estate Finance Trust (NYSE: KREF). Prior board experience includes Hilton Hotels & Resorts (NYSE: HLT), Icon Parking, Kerzner International, Morgans Hotel Group (formerly NASDAQ: MHGC), Strategic Hotels & Resorts (formerly NYSE: BEE) and Westin Hotels & Resorts.

Mr. Langer graduated summa cum laude with a B.S. in Economics from the Wharton School at the University of Pennsylvania.


Jason Black is responsible for sourcing, executing and managing investment opportunities.

Prior to joining Fireside, Mr. Black was a Managing Director on the investments team at Fundamental Advisors LP, a New York-based alternative asset manager and private equity fund platform. Over the last decade at Fundamental, Mr. Black held leadership roles on several real estate, hospitality, infrastructure and renewable energy investments.  Prior to joining Fundamental, Mr. Black was an Associate at GSO Capital Partners, the high-yield credit hedge fund subsidiary of The Blackstone Group where he focused on real estate special situation / distressed opportunities. Mr. Black began his career at Goldman Sachs, as an Analyst in the Real Estate Investment Banking Group.

Mr. Black graduated with an A.B. in Political Science from Duke University.


Stephen Mashaal is responsible for sourcing, executing and managing investment opportunities.  He is currently involved in Fireside’s investments in Concert Golf Partners, International Market Centers and National Express Wash.

Prior to joining Fireside, Mr. Mashaal was a Vice President on the investments team at Colony NorthStar, Inc. (formerly known as NorthStar Realty Finance Corp., where he worked with Mr. Langer). At NorthStar, Mr. Mashaal was directly involved in $3.2 billion of transactions, including the formation of NorthStar’s hospitality platform.

Mr. Mashaal graduated with a B.S. in Finance from Boston University.


Marc Falcone is a Fireside Operating Partner with a focus on investments in the gaming, hospitality and leisure sectors.

Mr. Falcone worked at Red Rock Resorts, Inc. (NASDAQ: RRR, formerly known as Station Casinos) from 2009 to 2017, most recently serving as Chief Financial Officer and Treasurer. Prior to joining Red Rock Resorts, Mr. Falcone worked at Goldman Sachs with Mr. Langer, where he was on the gaming and lodging investments team. Prior to Goldman Sachs, he was a Senior Analyst at Magnetar Capital, LLC and a Managing Director at Deutsche Bank.

Mr. Falcone graduated with a B.S. in Hotel Administration from Cornell University.


Howard Karawan is a Fireside Operating Partner with a focus on investments in the hospitality industry.

Mr. Karawan brings a wealth of experience within the hospitality sector, including senior leadership positions at Kerzner International, where he worked with Mr. Langer, and Fountainebleau Resorts. While President and Chief Marketing Officer at Kerzner International, Mr. Karawan oversaw the launch of the Atlantis, Paradise Island and spearheaded the creation and launch of the One&Only Resort brand. Most recently, Mr. Karawan was hired by Brookfield as President and Managing Director of Atlantis Paradise Island.

Mr. Karawan holds an MBA from the State University of New York with a concentration in Marketing and Finance and B.S. in Hospitality Management from Florida International University.