Prior to joining our management company, Mr. Humfrey established a global forestry fund for a Investment manager specializing in alternative assets and where he was responsible for strategy, property sourcing and analysis and capital raising. He previously worked for Forestry Investment Management where he was involved with project management, analysis and the marketing of forestry and renewable energy projects. Mr. Humfrey spent five years working as an independent business consultant providing specialized financial, investment and management counsel to financial services firms after serving as managing director at Hoenig & Co., a mid-sized U.S. broker-dealer. In that capacity, he had responsibility for the firm’s London operations. Earlier in his career, Mr. Humfrey was a managing director with Fidelity Investments, responsible for the Global Brokerage Services and its Investment Advisor Group. He also was sales and marketing director at Pershing Ltd., and managing director of Discount Brokers International. He was commissioned in The Royal Scots Dragoon Guards from 1974 to 1985.