Directors

Lord Garret Graham Wellesley, Viscount Dangan (UK)

Board of Directors – Chairman / Prestige Asset Management Ltd.

Associated with Prestige since 2007

Mr. Wellesley is Non-Executive Chairman of Prestige Asset Management Ltd., Non-Executive Chairman of Eastern Counties Finance Ltd., and Executive Vice Chairman of Forex Capital Markets (FXCM) and has over 20 years of capital markets experience and has held a variety of senior roles. Mr. Wellesley was the founder and Chief Executive of IFX Ltd. and Finspreads Ltd. (UK-based brokerage houses). In 2003, he resigned as Chief Executive and sold his IFX holdings. Subsequently, Mr. Wellesley took on the day-to-day management of ODL Securities Ltd., (a UK-based brokerage house growing to over US$10 billion in assets under management, over 20,000 client accounts, 200 employees and affiliate offices in London, Tokyo and Monaco). In 2010 ODL Securities merged with US based FXCM Group creating one of the largest none bank global fx businesses. Later that year the merged business listed on the New York Stock Exchange (NYSE) with an estimated market capitalisation of over US$1 Billion, over 190,000 client accounts and over US$350 billion per month in client traded volume. Mr. Wellesley continues to actively perform his role as Executive Vice Chairman of FXCM and has a significant on-going interest in both FXCM and Prestige Asset Management and, outside of finance he is actively involved in numerous charity activities. Approved in the UK by the Financial Services Authority.

David Curling (UK)

Board of Directors – Executive Vice Chairman / Prestige Asset Management Ltd.

Associated with Prestige since 2007

Mr. Curling is an Executive Director and the Vice Chairman of Prestige Asset Management Ltd. Formally a Non-Executive Director of the ARCH Group (a UK-based investment and financial risk consulting group). He has over 38 years of investment experience and has held a variety of senior roles at Williams de Broe (WdB) including those of Chief Investment Officer, Head of Institutional Sales, and Chairman of the Investment Strategy committee. While at WdB, Mr. Curling was also, for a time, a Director of Banque Brussels Lambert (Jersey). Mr. Curling entered the mutual fund management industry in 1969 before becoming a specialist arbitrage dealer for James Capel in 1971. His early career was spent in the UK and South Africa, within the Chartered Accountancy and auditing professions. Approved in the UK by the Financial Services Authority.

Deborah Hardy (UK)

Board of Directors – Chief Operating Officer / Prestige Asset Management Ltd.

Associated with Prestige since 2007

Ms. Hardy is an Executive Director and Chief Operating Officer of Prestige Asset Management Ltd. Ms. Hardy has over 18 years experience in business development and management, delivering a wide range of both client- and supplier-focused solutions. Ms. Hardy, was formerly Director of Client Services at an international asset management group with approximately US$1 billion under management. Ms. Hardy has also held operational and management roles within supply chain and contract management at Gardline Marine Sciences (the world’s largest independently-owned marine survey company), Aviva plc, the largest UK insurance company and the Rotch Property Group. Approved in the UK by the Financial Services Authority.

Nicholas Peter Wride (UK)

Board of Directors – Non Executive / Prestige Asset Management Ltd.

Associated with Prestige since 2009

Mr. Wride, is a Non Executive Officer of Prestige Asset Management Ltd., and a Board Advisor to Prestige. Mr. Wride has over 25 years of capital markets experience focusing on foreign exchange, fixed income and hedge funds. Previously a Director of currency trading at Seymour Pierce Ltd, (a London based FSA regulated currency fund manager and Corporate finance house). Previously Head of European Prime Brokerage, Global Markets at Royal Bank of Scotland Group, based in London. Previously Head of business development and Proprietary FX Trading at Bache Financial Ltd., (a London based FSA regulated Brokerage Firm). Previously Head of Institutional Sales UK & Europe at Australia and New Zealand Bank (ANZ), based in London. Previously Associate Director and Head of FX Sales London/Singapore/Hong Kong at Dresdner Kleinwort Benson Ltd., based in London. Previously a Director and Head of FX at Geldermann Ltd., (a London based FSA regulated Brokerage Firm). Previously Associate Director and Head of FX at Banque Indo Suez (an international investment bank). Approved in the UK by the Financial Services Authority.

Michael Romanek (UK)

Board of Directors – Non Executive / Prestige Asset Management Ltd.

Associated with Prestige since 2008

Mr. Romanek is a Non Executive Officer of Prestige Asset Management Ltd., and a Board Advisor to Prestige. Mr. Romanek is also the founder of a UK based specialist investment boutique Rise Partners, focusing on financing and structured products, which has provided retained services to international fund management groups. Prior to that Mr. Romanek was Executive Director of IGS Group, a boutique advisory group. Mr. Romanek was previously Director of Alternative Investments for Fortis Bank’s Merchant Banking Division where his role spanned multiple business lines, of the division, in providing services to the alternative investment funds sector. Prior to this role, within Fortis, he was Director Business Development-Europe of Prime Fund Solutions. In this role, he split his time between Europe and Asia-Pacific. Prior to joining Fortis, he was Head of European operations for listed derivatives trading platform firm YesTrader and was a consultant to and Business Development Manager for Group Deutsche Börse where his responsibilities included the expansion of both their Eurex and Xetra platforms. Mr. Romanek began his career in the early 1990s as a derivatives trader on the Chicago Mercantile Exchange followed by the London International Financial Futures & Options Exchange (now NYSE LIFFE). Approved in the UK by the Financial Services Authority.

Craig Reeves BA (Hons) (UK)

Board of Directors – Prestige Capital Management Ltd., Prestige Fund Management Ltd., Prestige Asset Distribution Ltd., various Prestige Funds.

Associated with Prestige since 2007

Mr. Reeves is a director of Prestige Capital Management Ltd., Prestige Fund Management Ltd., Prestige Asset Distribution Ltd. and is a board director of various international Prestige Funds.  Mr. Reeves has previously provided retained consultancy services to a large London-based international family office, a large London-based international stock broker, a London-based pension consulting group and a London-based international property investment group. Former Managing Director and co-founder of Platinum Capital Management Ltd. (an international asset management group). Formerly Head of Portfolio Management and Asset Allocation at Titan Capital Management Ltd. (an international asset management group); Proprietary Trader at London Currency Exchange Ltd. (a private client / proprietary trading house) and an internship at Bank of America. Mr. Reeves has 17 years of experience as a professional investor, trader and manager of Alternative Investments, Hedge Funds, Capital Markets and Real Estate. Mr. Reeves has written a number of articles for various financial journals, including AIMA Journal. Mr. Reeves has served as a board director of over 20 international funds. Mr. Reeves graduated with a BTEC HND in Business and Finance from University of Greenwich (London) and a BA(Hons) in Business Administration from Huddersfield University. Mr. Reeves also attended the New York Institute of Finance where he studied various financial markets and derivative trading courses. A member of the Chartered Institute for Securities & Investment. Approved in the UK by the Financial Services Authority (FSA). Approved in Malta by the Malta Financial Services Authority (MFSA).

Robert McGregor (Malta)

Board of Directors – Prestige Fund Management Ltd., Prestige Asset Distribution Ltd., Prestige Capital Management Ltd., various Prestige funds.

Associated with Prestige since 2007

Mr. McGregor a resident of Malta, is the COO of Prestige Capital Management Ltd., an executive director of both Prestige Fund Management Ltd. and Prestige Asset Distribution Ltd. and a director of various international Prestige Funds.  Mr. McGregor’s early background is in international banking as a trader in London, running large proprietary trading books at Bankers Trust (an investment bank), Chemical Bank (an investment bank) and Royal Trust Bank (an investment bank).  In 1994 he became a founder member and director of City Fund Management Ltd. London, a regulated investment manager, where his primary responsibilities were for operations and risk management.  In 2005 he relocated to Grand Cayman and set up City Fund Management (Cayman) Ltd. (a financial risk management consultancy) that has been supporting investment management companies in London, Cayman and the Bahamas for the past six years. He recently relocated to Malta to set up Prestige Capital Management Ltd.  Approved in the UK by the Financial Services Authority (FSA). Approved in Malta by the Malta Financial Services Authority (MFSA).

Raffaele Riva MA / BA (Hons) (Switzerland)

Board of Directors – Prestige Fund Management Ltd., Prestige Asset Distribution Ltd.

Associated with Prestige since 2009

Mr. Riva is a Director of Prestige Fund Management Ltd., and Prestige Asset Distribution Ltd.  A resident of Switzerland Mr Riva has over 12 years experience in the delivery of business advisory and consultancy services in the fields of international finance, tax management and trusts. Mr. Riva is dedicated to his client base, which includes companies, corporate leaders and individuals. He has expertise in financial and tax consulting for foreign investment plans and businesses, reorganisation and restructuring projects and family businesses. His private firm, Aurea Consulenti Associati SA, is located in Lugano, Switzerland and is planning to maintain its boutique character. Mr. Riva started his career in Italy in one of the “Big-Four” independent international public accountant firms, working from 1987 to 1992, where he trained and qualified as a Chartered Accountant in 1989. From 1992 to 1996 he held positions as senior executive and senior manager with a merchant bank group and served on the boards of many group companies, mainly in Europe and South America. He is an Economics graduate of the Catholic University of Milan and also attended various finance and tax courses including two post graduate Master’s courses in international taxation. Mr. Riva is member of the Registry of Company Auditors and the National Association of CFO in Italy and the Registry of Professional Trustees in Switzerland.

Joseph Aquilina (Malta)

Board of Directors – Prestige Capital Management Ltd.

Associated with Prestige since 2011

Mr. Aquilina is a resident of Malta and has been active in the investment services industry since 1997.  He serves as one of the Investment Advisors of Prestige Capital Management Ltd. of which he is also a Director and the company Money Laundering Reporting Officer.  He also serves as a non-executive Director, Investment Advisor and Money Laundering reporting Officer on a number of companies, funds, UCITS and non-UCITS, Hedge Funds, Fund Managers, SICAVS, Commodity Traders as well as a local Maltese financial services and insurance plc regulated by MFSA in Malta.  In 1971 Mr. Aquilina was an Alumnus of the Management Development Programme, of the Cranfield Business School.  Mr. Aquilina is a Certified Secretary and Administrator and in 2001 he qualified as an Associate of the Chartered Institute of Arbitrators.  Mr. Aquilina, a Fellow of the Malta Institute of Management, serves as that Institute’s Secretary, later as Vice-President for several years and he was also a Vice-President of the Malta Federation of Industry for some years.  Mr. Aquilina has a career experience spanning over 40 years, commencing with exposure at the highest levels of the Public Service including a tour of duty at the Office of the Prime Minister under different administrations.  He later moved over to the private sector and initially worked for two years in Germany and later became Malta Representative (Prokurist) and start-up General Manager of the local plant of Bogner GmbH, a top brand German Manufacturer.  Mr. Aquilina then became involved with the Telecommunications Industry, initially as Malta Representative of Mtel Communications of Jackson, Mississippi, USA and as the start-up Managing Director for SkyTel paging services.  Subsequently as Managing Director he started up a Malta based subsidiary company (covering the Mediterranean, Middle East and the Gulf area) of OMI Plc of London, a multi-discipline consultancy.  In this consultancy role Mr. Aquilina also acted as Hospital Director for Capua Palace Hospital from 1999 to 2003.  His most recent assignment saw him as CEO of Melita Cable plc, a quadruple play telecoms company, then a subsidiary of Liberty Global of Denver, Colorado.  Mr. Aquilina serviced in a quasi-judicial capacity on various Arbitration and Appeal Boards of various public Corporations and was Chairman of the Arbitration Board.  From 2003 to 2007 he was a court appointed Provisional Administrator of Price Club (Holdings) Ltd., a landmark case for defining Directors’ duties and responsibilities under Maltese company law.

Sandro Baluci (Malta)

Board of Directors – various Prestige Funds (Malta)

Associated with Prestige since 2011

Mr Baluci, a resident of Malta, has been in the investment services industry since 1993 and joined Curmi & Partners Ltd. in May 2010 as a portfolio manager specialising in Fixed Income securities and Treasury operations.  His primary focus in on managing/advising on income portfolios covering cash, money market and fixed income instruments for a variety of clients, especially large institutional clients.  Mr Baluci was employed by APS Bank plc (a Maltese credit institution) as the bank’s Treasury Manager managing the bank’s portfolio of investments.  Subsequently he set up the Portfolio Management Unit within APS Bank, setting up and acting as the primary portfolio manager for APS Income Fund, and managed various large clients’ portfolios on a discretionary basis.  During his eight year stay at APS Bank he specialised in Fixed Income and Money Market Analysis, Foreign Exchange dealing  and Asset Allocation.  Mr Baluci’s first employment within the investment services industry was as a trader with Hasenbichler Trading Services (HTS) (as Commodity Trading Advisor) between 1993 and 2001, where he gained experience in commodities and derivatives, Forex and equity trading.  He was responsible for most risk models and reports for HTS.  Mr Baluci received his Bachelor of Science (Physics and Chemistry) degree from the University of Malta.  He further obtained his CFA charter in 2006 and is a member of the CFA UK society and of ACI Malta.

Geoff Ruddick B.Comm, CA, CFA, FICA (Cayman)

Board of Directors – various Prestige Funds (Cayman)

Associated with Prestige since 2007

Mr Ruddick, B.Comm, CA, CFA, FICA, a resident of the Cayman Islands, is a Chartered Accountant, a member of the Institute of Chartered Financial Analysts, and a fellow of the International Compliance Association. Mr. Ruddick is employed as a Senior Company Manager for International Management Services Ltd. (“IMS”), a firm engaged in the management of offshore corporations. Prior to joining IMS, he was the Managing Director of Hedgeworks Fund Services Ltd. and before that, he was a Director and Compliance Officer with Derivatives Portfolio Management Ltd. (now DPM Mellon). Prior to entering the commercial side of fund management, Mr. Ruddick worked with KPMG in Vancouver auditing mutual funds, banks, and insurance companies and later with KPMG in the Cayman Islands, where he worked in the Corporate Recovery department involving the liquidation of mutual funds and other regulated entities.

Luc Sunnen (Luxembourg)

Board of Directors – Prestige Luxco Holdings 1, Prestige Luxco Holdings 2 Sarl

Associated with Prestige since 2011

Mr Sunnen is an Executive Director of Prestige Luxco Holdings 1 Sarl and Prestige Luxco Holdings 2 Sarl, investment leasing operating companies and also acts as a Board Advisor to Prestige.  Mr Sunnen was born and remains a resident of Luxembourg.  He is also the Managing Partner of DMS & Associes Sarl – a member of DFK International, a Luxembourg based specialist accounting, tax and consulting firm, with areas of expertise in business valuation, consolidation external auditing, business consulting focusing on Financial companies, International structures, Private Equity and other professionals within the financial sector.  He has extensive experience in the establishment and management of Luxembourg Soparfis and international structures.  Formally employed at Aurthur Andersen & Cie, starting in the tax department, then moving into the audit department and then into accountancy and tax consulting.  He graduated from Universite de Nancy 11 with Maitrise es Sciences Economiques – mention Economie de l’dentreprise.  He is also a Certified External Auditor, former member of the Institut des Reviseurs d’Entreprises Luxembourgeois (IRE).  He is also a Certified chartered accountant and member of the Ordre des Experts Comptables Luxenbourgeois (OECL).  He is fluent in French, English, German and Luxembourgish.