Principal Subsidiary Names Managing Director

Principal Enterprise Capital LLC hired David Gottschall as managing director and Emily Slovitt as investment manager.

As managing director, Gottschall assists in developing the firm’s overall strategy and serves on a number of operating partner boards. He is responsible for both internal and external business growth, and carries 15 years of investment experience.

Most recently, Gottschall worked as a portfolio manager for Allstate Investments, directing investment selection and portfolio management efforts in equity join ventures and commercial mortgages. He holds a bachelor’s degree in economics from Oberlin College and a master’s degree in finance from the University of Denver. Gottschall also holds the chartered financial analyst (CFA) designation.

In her role as investment manager, Slovitt conducts research to provide investment and strategy recommendations to firm leadership. She also collaborates on the analysis of existing portfolio companies.

Slovitt joins Principal Enterprise Capital with more than seven years of commercial real estate experience, including commercial loan origination, joint venture formation, funds management and commercial mortgage-backed securities (CMBS) portfolio management. Previously, she was an investment associate for Prudential Mortgage Capital Company.

Slovitt earned a bachelor’s degree in finance and real estate from the University of Texas in Austin and a master’s degree in finance, management strategy and social enterprise from Northwestern University. She is a member of global women’s network 85 Broads and the Kellogg Real Estate Alumni Club.

Principal Enterprise Capital, a real estate private equity investment manager and subsidiary of the Principal Financial Group, invests in real estate through the creation, management and ownership of entity-level investments in real estate operating companies (REOCs) that focus on multifamily, retail and industrial properties.