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Our Team

John Andreini is a co-founder of Evcap Investments.
John Andreini
Co-Founder

John founded EvCap in 2010 providing capital to his developer & franchise clients to build new stores. He is a partner at brokerage firm CP Partners, a partner at venture capital firm Ethos, and partner at Evolution Capital Corporation, a private equity firm acquiring or investing into franchise operations since 2015.

John founded EvCap in 2010, providing capital to his developer & franchise clients to build new stores. He is a partner at brokerage firm CP Partners, a partner at venture capital firm Ethos, and partner at Evolution Capital Corporation Inc, a private equity firm acquiring or investing into franchise operations since 2015.

John (J.R.) Garibaldi is a co-founder of Evcap Investments.
John (J.R.) Garibaldi
Co-Founder

John is the co-founding Partner of EvCap. J.R. oversees and manages the acquisition, syndication, entitlement, development and disposition of EvCap’s commercial real estate holdings. J.R. originally served as EvCap’s outside general counsel and was one of its earliest investors prior to formally joining the company as Partner. Building on his background and expertise as a corporate and commercial real estate attorney, J.R. has helped drive EvCap’s growth since joining the company, leading the charge on corporate structuring for all of EvCap’s entities, legal and business due diligence on all EvCap assets, contract negotiations with EvCap’s tenants, lenders, vendors and JV partners, and management of EvCap’s employees and contractors.

John is the co-founding Partner of EvCap.  In his role, J.R. oversees and manages the acquisition, syndication, entitlement, development and disposition of EvCap’s commercial real estate holdings. J.R. originally served as Evap’s outside general counsel and was one of its earliest investors prior to formally joining the company as Partner in 2016.  Building on his background and expertise as a corporate and commercial real estate attorney, J.R. has helped drive .

EvCap’s growth since joining the company, leading the charge on corporate structuring for all of Evcap’s entities, legal and business due diligence on all Evcap assets, contract negotiations with Evcap’s tenants, lenders, vendors and JV partners, and management of Evcap’s employees and contractors.

After graduating from law school and prior to joining Evcap...

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Kate Reily, the chief operating officer at Evcap Investments.
Kate Reilly
Chief Operating Officer

With 29 years of private equity investing experience, Kate lends tremendous expertise to EvCap as the firm aims to deliver attractive commercial real estate investment opportunities to high-net-worth investors.

Kate provides vision, process and compliance to the investment fund development process. She oversees investment fund operations, establishes policies and work flows
to streamline all deliverables, and

takes point on investor relations and reporting. She is relied upon to execute streamlined and effective ways of doing business to improve operational efficiencies and provide transparency to investors.

In her free time, Kate enjoys spending time with her husband and son (much of which is spent on the lacrosse & soccer fields). Kate is an avid player of all racquet sports, and enjoys yoga and golf.

With 29 years of private equity investing experience, Kate lends tremendous expertise to EvCap as the firm aims to deliver attractive commercial real estate investment opportunities to high-net-worth investors.

Kate provides vision, process and compliance to the investment fund development process. She oversees investment fund operations, establishes policies and work flows to streamline all deliverables, and takes point on investor relations and reporting. She is relied upon to execute streamlined and effective ways of doing business to improve operational efficiencies and provide transparency to investors.

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Juan Hernandez, the chief financial officer at Evcap Investments.
Juan P. Hernandez, CPA
Chief Financial Officer

Juan serves as the Managing Partner at HHM CPAs, bringing to the firm over 15 years of extensive experience in public accounting, with a significant portion of his career spent at a prestigious Big Ten CPA firm. Renowned for his expertise in real estate and flow-through taxation, Juan specializes in navigating complex tax matters with precision and insight. Holding a Bachelor's degree in Accounting and a Master's in Taxation from DePaul University in Chicago, Juan exemplifies a  

commitment to excellence and a deep understanding of the intricacies of tax and financial management. Notably, Juan currently serves on the IL CPA Society's Flowthrough Taxation Committee, actively contributing to the advancement of industry knowledge and best practices.

Juan serves as the Managing Partner at HHM CPAs, bringing to the firm over 15 years of extensive experience in public accounting, with a significant portion of his career spent at a prestigious Big Ten CPA firm. Renowned for his expertise in real estate and flow-through taxation, Juan specializes in navigating complex tax matters with precision and insight. Holding a Bachelor's degree in Accounting and a Master's in Taxation from DePaul University in Chicago, Juan exemplifies a commitment to excellence and a deep understanding of the intricacies of tax and financial management. Notably, Juan currently serves on the IL CPA Society's Flowthrough Taxation Committee, actively contributing to the advancement of industry knowledge and best practices.

Ben Udell
Vice President of Investments

Juan serves as the Managing Partner at HHM CPAs, bringing to the firm over 15 years of extensive experience in public accounting, with a significant portion of his career spent at a prestigious Big Ten CPA firm. Renowned for his expertise in real estate and flow-through taxation, Juan specializes in navigating complex tax matters with precision and insight. Holding a Bachelor's degree in Accounting and a Master's in Taxation from DePaul University in Chicago, Juan exemplifies a  

commitment to excellence and a deep understanding of the intricacies of tax and financial management. Notably, Juan currently serves on the IL CPA Society's Flowthrough Taxation Committee, actively contributing to the advancement of industry knowledge and best practices.

Ben serves as Vice President of Investments at EvCap, where he is involved in all facets of deal execution, including deal sourcing, analysis & underwriting, project management, equity & debt capitalizations, and new business development. In this role, Ben spearheads the deployment of LP and JV capital for a diverse range of retail acquisitions and developments, specializing in net-leased real estate and overseeing projects from ground-up construction to value-add repositioning.

Before joining EvCap in the spring of 2025, Ben was a member of the development team at Murphy Real Estate. While at MurphyRES, Ben played a key role in the capitalization of approximately $120MM in net lease developments and acquisitions in a 3 year span. His efforts primarily supported MDG’s Net Lease pipeline while also contributing to prospective developments and existing assets across the MDG portfolio. Prior to that, Ben worked on the advisory team at Hilco Real Estate, where he guided retail & restaurant clients in the repositioning and restructuring of their real estate portfolios. In 2 years at HRE, Ben assisted in the renegotiation of over 2,000 individual leases.

A Licensed Real Estate Broker in Illinois, Ben holds a BBA in Finance from the Tippie College of Business at The University of Iowa, complemented by a Minor in Journalism & Mass Communication. At Tippie, he served as an Executive Board member of the Real Estate Club and remains an active committee member of the University of Iowa Real Estate Alumni Network. Outside the classroom, Ben took on leadership roles in recruitment and philanthropy as part of his extracurricular involvement.

Our Team

John Andreini is a co-founder of Evcap Investments.
John Andreini
Co-Founder

John founded EvCap in 2010 providing capital to his developer & franchise clients to build new stores. He is a partner at brokerage firm CP Partners, a partner at venture capital firm Ethos, and partner at Evolution Capital Corporation, a private equity firm acquiring or investing into franchise operations since 2015.

John (J.R.) Garibaldi is a co-founder of Evcap Investments.
John (J.R.) Garibaldi
Co-Founder

John is the co-founding Partner of EvCap.  In his role, J.R. oversees and manages the acquisition, syndication, entitlement, development and disposition of EvCap’s commercial real estate holdings. J.R. originally served as Evap’s outside general counsel and was one of its earliest investors prior to formally joining the company as Partner in 2016.  Building on his background and expertise as a corporate and commercial real estate attorney, J.R. has helped drive EvCap’s growth since joining the company, leading the charge on corporate structuring for all of Evcap’s entities, legal and business due diligence on all Evcap assets, contract negotiations with Evcap’s tenants, lenders, vendors and JV partners, and management of Evcap’s employees and contractors.

READ MORE
Kate Reily, the chief operating officer at Evcap Investments.
Kate Reily
Chief Operating Officer

With 29 years of private equity investing experience, Kate lends tremendous expertise to EvCap as the firm aims to deliver attractive commercial real estate investment opportunities to high-net-worth investors.
Kate provides vision, process and compliance to the investment fund development process. She oversees investment fund operations, establishes policies and work flows to streamline all deliverables, and takes point on investor relations and reporting.

READ MORE
Juan Hernandez, the chief financial officer at Evcap Investments.
Juan P. Hernadez, CPA
Chief Financial Officer

Juan serves as the Managing Partner at HHM CPAs, bringing to the firm over 15 years of extensive experience in public accounting, with a significant portion of his career spent at a prestigious Big Ten CPA firm. Renowned for his expertise in real estate and flow-through taxation, Juan specializes in navigating complex tax matters with precision and insight. Holding a Bachelor's degree in Accounting and a Master's in Taxation from DePaul University in Chicago, Juan exemplifies a commitment to excellence and a deep understanding of the intricacies of tax and financial management. Notably, Juan currently serves on the IL CPA Society's Flowthrough Taxation Committee, actively contributing to the advancement of industry knowledge and best practices..

Ben Udell
Vice President

Currently serves as Vice President of Investments at EvCap, where he is involved in all facets of deal execution, including deal sourcing, analysis & underwriting, project management, equity & debt capitalizations, and new business development. In this role, Ben spearheads the deployment of LP and JV capital for a diverse range of retail acquisitions and developments, specializing in net-leased real estate and overseeing projects from ground-up construction to value-add repositioning.

Before joining EvCap in the spring of 2025, Ben was a member of the development team at Murphy Real Estate. While at MurphyRES, Ben played a key role in the capitalization of approximately $120MM in net lease developments and acquisitions in a 3 year span. His efforts primarily supported MDG’s Net Lease pipeline while also contributing to prospective developments and existing assets across the MDG portfolio. Prior to that, Ben worked on the advisory team at Hilco Real Estate, where he guided retail & restaurant clients in the repositioning and restructuring of their real estate portfolios. In 2 years at HRE, Ben assisted in the renegotiation of over 2,000 individual leases.

A Licensed Real Estate Broker in Illinois, Ben holds a BBA in Finance from the Tippie College of Business at The University of Iowa, complemented by a Minor in Journalism & Mass Communication. At Tippie, he served as an Executive Board member of the Real Estate Club and remains an active committee member of the University of Iowa Real Estate Alumni Network. Outside the classroom, Ben took on leadership roles in recruitment and philanthropy as part of his extracurricular involvement.