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Carl A. Allen is an American entrepreneur, philanthropist, outdoor sportsman, and explorer. His business career began at the Heritage Bag Company in 1986. He rose to become President/CEO and eventually became the sole owner of the company in 2005, leading Heritage Bag through a sustained period of growth before selling the company to the South Carolina-based Novolex corporation in 2017.

Allen is also a passionate hunter and fisherman who owns the legendary fishing destination, Walker’s Cay in the northern Bahamas, Tellico Junction, a 2,600 acre ranch in the Smokey Mountains of Tennessee, various hunting leases in his native Texas as well as a fleet of large yachts he uses to fish and search for underwater cultural artifacts in the Bahamas.

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President and Chief Investment Officer


Preston Paine serves as President and Chief Investment Officer of the Allen Exploration Family Office.  Preston manages our proprietary Global Tactical Asset Allocation strategy as well as investments in funds, private equity, venture capital, real estate and directs from start-up to pre-IPO.

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