Acheron

Robert Edelstein

Dr. Edelstein joined the faculty of the University of California at Berkeley in 1985 after being a Professor of Finance at the Wharton School, University of Pennsylvania, and is active in the fields of real estate economics, finance, and property taxation; energy and environmental economics; public finance; and urban financial problems. He has been published widely in prestigious economics and business journals on topics related to economics and finance, with a special emphasis on commercial and residential analysis and real estate markets. He has testified before the United States Congress on many real estate finance issues. He has been President and has served on the Board of Directors of the American Real Estate and Urban Economics Association. He is a member of the Board of the Asian Real Estate Society. He, also, has served as member of the boards of directors of several prestigious corporations, such as AMB (NYSE), Lend Lease Global Properties (Luxembourg SICAF) and Capital Land (Singapore listed). Dr. Edelstein received an A.B., A.M., and Ph.D. in Economics from Harvard University. Robert Edelstein is a United States National; He is not independent member of the Board because he is the Trustee for Acheron Portfolio Trust , Lorenzo Tonti Portfolio Trust , Avernus Portfolio Trust and Styx Portfolio Trust, all of which are owned beneficially by the Company.

Jean Medernach

Jean Medernach is a former US and Luxembourg certified public accountant. Jean has 15 years of experience in public accounting in Luxembourg, Asia and the U.S.A. as well as 12 years as a finance and investment director of a Luxembourg investment company. Jean Medernach is the chairman of the audit committee. Jean Medernach is a Luxembourg national. He is an independent director.

Yves Mertz

Yves Mertz is the Chairman of the Board of Director since 2008. He is a member of the Luxembourg Chartered Accountants Institute and the Luxembourg Independent Auditors Institute since 1984. Before joining Compagnie Européenne de Révision, he was founder and partner of Mazars Luxembourg where he acquired a large experience in the life insurance and reinsurance sectors. He holds a Master degree in finance and EDP processing from the Faculté Universitaire de Mons, Belgium. Yves Mertz is a Belgium national. He is not an independent director because he is an executive director of a service provider to the company.

Jean-Michel Paul

Sadeq Sayeed

Sadeq Sayeed was appointed Chairman of Metage Capital Limited, an investment firm based in London, in March 2011. Prior to this, he was CEO of Nomura Europe in 2008 having joined the company in 2000 as Special Advisor. In addition, he was Chairman of both the European Management Committee and the European Capital Commitments Committee at Nomura. He has over 30 years of experience in investment banking including arbitrage trading, structured finance, fund management and financial advice. He previously served as Managing Director of Credit Suisse First Boston where he spent 15 years and served as a member of the Operating Committee. Prior to his global investment banking career he was Consultant to the World Bank in Washington DC. He holds an undergraduate degree in economics with concentration in electrical engineering from Massachusetts Institute of Technology (MIT), as well as a master’s degree in finance from MIT’s Sloan School. He is a visiting Associate Scholar at Pembroke College, Cambridge and he is also Adjunct Professor at Imperial College Business School in London. Sadeq Sayed is a British national. He is an independent director.

Franck Mathé

Frank Mathé is a senior portfolio manager at EFFICAP Paris. He is a doctor in Mathematics and holds a master from HEC (Hautes Etudes Commeriales) Paris in finance. With more than 15 years’ experience in investment funds, he is director of a number of investment funds.

Guner Turkmen

Guner Turkmen has extensive experience in trading, risk and asset management and asset allocation. In 2000 he founded Cougar Asset Management, an independent hedge fund manager. In 2006 he co-founded Union Capital Group and was in charge of asset management through 2011. At the end of 2007, he founded Lake Geneva Investment Partners S.A. Guner Turkmen is a Turkish national. He is an independent director.