Sector-Specific Experience

· Complementary first-hand knowledge of property debt and equity markets

· Long-standing relationships with capital consumers (property operators, funds), intermediaries and capital suppliers (bank, insurance, specialty and Wall Street)

· Veteran, multi-cycle tested leadership team with proven track record

Strategy

· Emphasis on gateway and high growth U.S. markets

· Cash return bias, complemented by periodic capital gains realizations

· Complementary cross-segment assets

Philosophies

· Patiently protecting investor assets results in protecting our assets

· Risk is controlled via well-crafted covenant structuring and credit management, as risk is not a single data point, it is a distribution of likely events

· Innovative, win-win solutions start with identifying downside, and results in good-news outcomes