Director of Consulting
Dennis Hamilton joined Public Radio Capital in 2005. As Director of Consulting, Dennis has consulted with public radio station managers, community boards, and universityrepresentatives in more than 20states to strengthen operations, design growth strategies, and develop station acquisition business models. Dennis has over 30 years of experience in public radio and serves on various public radio national boards and policy review panels. Dennis spent 25 years in executive positions, including Vice President, at Minnesota Public Radio (MPR) focusing on station management, radio technology, business innovation and modeling, as well as program production and distribution. At MPR Dennis managed the build-out of the largest regional network in public radio of over 40 stations. Awarded the Bush Foundation Leadership Fellowship, Dennis earned a master’s degree in public administration from Harvard University in 2000.
“Our goal is to preserve and grow public radio and when our work enables our clients to reach their goals then we succeed.”
Marc Hand co-founded Public Radio Capital in 2001 with Susan Harmon and serves on PRC’s board. As Managing Director, Marc builds strategic public radio alliances, educates financial institutions on public radio investments, and provides expertise on all aspects of public radio transactions. During his 28 years in the Radio Industry, Marc has held various positions including: Managing Partner and co-owner of a group of commercial stations in Colorado; Vice President of Questcom Radio Brokerage representing station owners in sales, acquisitions, mergers and financial restructurings; Executive Director of Western Community Bilingual radio; founder of four stations; and consultant for CPB, NPR, and NFCB. Marc spent five years at the Station Resource Group (SRG) helping public radio stations expand services via acquisitions, collaborations and partnerships, leading to the development of PRC.
“PRC helps stations build future revenues. By pursuing the best options for financing, we are helping organizations reach their goals for improving public radio service, developing new audiences and generating revenues that otherwise might not have been attainable. ”
Ken Ikeda joined Public Radio Capital as Managing Director in 2012. Ken's responsibilities at PRC include philanthropy, strategic planning, diversity initiatives, and Public Radio Fund investor relations. In 2011 Ken became the Managing Director of Public Media Company and continues in that role. Prior to 2011 Ken was Executive Director of Bay Area Video Coalition (BAVC), an organization devoted to "inspire social change by enabling the sharing of diverse stories through art, education and technology." He led BAVC through a creative transformation, co-architecting the public interest media and educational network, National Public Lightpath, launching the Producers Institute for New Media Technologies and developing the Digital Pathways program for thousands of Bay Area youth to move from digital media training to continued education and employment. His leadership efforts while at BAVC were recognized by the MacArthur Foundation's "genius award" for organizations, now titled the Creative and Effective Institutions Award. He currently serves on a number of boards, including the Center for Asian American Media, The Working Group and Youth Speaks. He completed his master's degree in Education Anthropology at Stanford University and his undergraduate studies at Columbia University.
“Public Radio Capital is driven to be a champion for public media and a catalyst for change.”
Consulting and Credit Manager
Evran Kavlak joined Public Radio Capital in 2005. He has primary responsibility for overseeing business plans, financial models, and station valuations for clients. Evran also serves as the project manager on a number of client engagements. In addition, Evran reviews credit analyses, structures loans and monitors loan activity for the Public Radio Fund. Prior to joining PRC, Evran served as an accounting assistant at KPBS Public Broadcasting in San Diego. Evran began his career in Istanbul, Turkey at an investment trust firm, evaluating the financial conditions of publicly traded stocks in a variety of industries. Evran earned a master's degree in finance from California State University in San Diego and a bachelor’s degree in management engineering from Istanbul Technical University in Turkey.
“PRC team members help clients find positive outcomes to the challenges they face in a competitive marketplace and to see their future clearly.”
Director of Acquisitions and Legal Affairs
Erik Langner, Director of Acquisitions and Legal Affairs, joined PRC in 2005. Erik has structured more than $200 million of public broadcast mergers, acquisitions, financings and operating agreements, helping dozens of PRC’s clients to grow their audience, revenue and media services. In negotiating and managing these transactions, Erik has had extensive experience working with the boards of small community radio operators, managers of large multi-channel public broadcast organizations, university presidents and boards of trustees, community and family foundations, and national banks. Prior to joining PRC, Erik was an associate in the corporate and private equity groups at the law firms of Latham and Watkins in San Francisco and Kirkland and Ellis in New York. Erik also worked at the United Nations Office of the High Commissioner for Human Rights in Geneva, where he advocated the human rights implications of burdening a developing country with excessive levels of foreign debt. Erik graduated cum laude from the Northwestern University School of Law and received his undergraduate degree from the University of North Carolina at Chapel Hill.
“PRC brings a deep understanding of other stations’ management and operational models to our clients, providing a ‘best practices’ component to our business consulting.”
Chief Financial Officer
Chief Operating Officer
Erin Moran joined Public Radio Capital in 2002. As Chief Financial Officer, Erin has primary responsibility for overseeing PRC’s financial affairs and administration, and participates in PRC’s board meetings. Additionally, she is the Chief Operating Officer and also oversees the Public Radio Fund. Prior to joining PRC, Erin held various management roles at Key Equipment Finance including Vice President of Global Integrations and Director of Internal Audit, Tax and Investment Programs. Erin worked for Key in Europe as the European Finance and MIS Director. In this position, she oversaw the finance functions in ten countries, including budgeting, forecasting, reporting, regulatory and statutory audits. As a senior member of the European Management team she was involved with strategic planning for the $250 million business unit. Erin is a licensed CPA (inactive) in Colorado, a member of the AICPA, and an adjunct instructor at Leeds Business School at the University of Colorado.
“We are a flexible and efficient organization and as a result we can quickly respond to client requests.”
Accounting and Operations Administrator
Terri Olsen joined Public Radio Capital in 2004. She has primary responsibility for the day-to-day accounting function at PRC and its LLCs, including the processing of all bills and generation of client invoices. Terri also assists in PRC’s human resources. Terri has previously worked as a Customer Service Representative for Bowne of Denver, where she coordinated all aspects of the printing of clients’ financial documents. She is currently pursuing her degree in Accounting.
“People are passionate about their work at PRC, but they find time to laugh too, that’s important.”
Russ Otten joined Public Radio Capital in 2010. He has primary responsibility for preparing financial analyses, business models and station appraisals for clients. Russ also tracks industry trends, station prices and emerging radio technologies. Prior to joining PRC, Russ interned in operations at UBS Investment Bank in London. Russ earned a bachelor's degree in Finance, with a minor in economics and a certificate in International Business from the University of Colorado. While at CU-Boulder, Russ served as a Research Assistant at the Leeds School of Business and as an academic tutor.
"It's great working with public media organizations and seeing the scope of how they use our in-depth analyses to positively impact their businesses."
The work of Public Radio Capital's staff is complemented by an experienced team of broadcasting, financial, and legal consultants who help manage PRC transactions.
A key relationship is with Fred Marienthal, Partner, Kutak Rock, LLP, one of the nation's largest and most active law firms serving as bond counsel to governmental agencies and nonprofit organizations.