Management Team


S. Osborn (Oz) Erickson, Principal

Mr. Erickson is the Chairman of Emerald Fund.  He has over 30 years experience developing and managing residential and commercial projects.  He identifies new projects, is involved with the initial design, financing, securing of governmental approvals and sales and marketing.  Mr. Erickson has significant experience in the community project approval process.  He was a licensed real estate broker.  Mr. Erickson received a BA from Harvard University and an MBA from Stanford University.


Tim Vrabel, Principal

Mr. Vrabel joined Emerald Fund in 2006 and he oversees the financial affairs of the company. He became President in 2015.  Prior to joining the Emerald team, he worked in corporate finance at Johnson & Johnson.  Mr. Vrabel received a BS in Finance & International Business from Penn State University, and is also a Certified Management Accountant and a Certified Financial Manager.


Marc Babsin, Principal

In addition to 15 years of experience in real estate development, Mr. Babsin is an attorney and CPA.  Mr. Babsin holds a BS in Accountancy from the University of Illinois, a JD from Harvard Law School, and a Master in City Planning from the University of California at Berkeley.


Alastair A. Mactaggart, Principal

Mr. Mactaggart is the former President of Emerald Fund and a current Principal. He identifies new projects, is involved with the initial design, financing, securing of governmental approvals and sales and marketing.  He received BA and MBA degrees from Harvard University.


Jean Tse, Director of Accounting & Controller

Ms. Tse joined Emerald Fund in 1998.  She has over 20 years of experience in management, accounting and systems conversion. She has worked in various industries including real estate, logistics, and retail.  Ms. Tse holds a Bachelor of Science degree from San Francisco State University.


Shane Harris, Director of Construction

Mr. Harris joined Emerald Fund in 2012.  With him, he brought 15 years of construction experience working for one of the largest and most respected commercial contractors in California.  He has been personally involved in the construction of over 1,000 residential units, and oversees all new construction activity for Emerald Fund.  Shane is a licensed contractor and has a BS in Civil Engineering from CSU, Chico.


Justina Hollis, Director of Property Management

Justina Hollis joined Emerald Fund in 2015. She has over 10 years of experience in property management and development working for various organizations including Greystar Real Estate Partners and Richman Asset Management. She graduated from California State University, Sacramento, with a bachelor of arts degree in economics and is a licensed real estate salesperson in California.