Berkley Acquisitions

BERKLEY ASSET MANAGEMENT LLC PRINCIPALS OF THE GENERAL PARTNER

The Principals will source, evaluate and manage the Fund and make all investment decisions for the Fund.
The Principals will also actively develop, provide asset management and monitor the Fund's investment as well as formulate and execute investment exit strategies.
The Principals possess complementary skills across diverse real estate disciplines including extensive deal sourcing, negotiations, operations and restructuring of real estate opportunities.
The Principals are:

Eli Braha, 55
Managing Member & Chief Investment Officer
- Tel 212.867.1234
- ebraha@berkleyacq.com
Mr. Braha has been the Managing Member of Berkley Acquisitions LLC, a commercial real estate acquisitions company, since April 2008. Mr. Braha has over 20 years of experience in the real estate industry, including raising capital as a developer and lead syndicator of commercial real estate, as both a principal and property manager. Mr. Braha has acquired, owned, managed and operated over 50 buildings. Mr. Braha has a B.S. degree from CUNY, Baruch.
Allan J. Heiney, 55
Chief Operating & Technical Officer
- Tel 212.867.1234
- aheiney@berkleyacq.com
Mr. Heiney has been the Chief Investment Officer of Berkley Acquisitions LLC, a commercial real estate acquisitions company, since March 2009. Mr. Heiney is President of Certified Property Management USA, has been managing family owned properties since 1995 and is a licensed NYS real estate agent. Mr. Heiney is an engineer who has over 20 years of broad experience in diversified industries including energy, transportation and telecommunications and is the author of 5 patents. Mr. Heiney has B.S. and M.S. degrees in Applied Physics from the Institute of Optics at the University of Rochester.
Steven A. Baffico, 38
Chief Marketing Strategist & Fund Administrator
- Tel 212.867.1234
- sbaffico@berkleyacq.com
Mr. Baffico served in various senior leadership capacities for firms such as Guggenheim Funds, BlackRock and Four Wood Capital Partners, which he recently established. At BlackRock, Mr. Baffico was Head of Listed Funds & Strategic Product Sales, where he oversaw all aspects of the Listed Funds, Unit Trust and Strategic Products business units. His oversight responsibilities for these units included 105 permanent capital funds with $36 billion under management, producing over $300 million in annual revenues. Additionally, Mr. Baffico's responsibilities included origination, product development, investment banking, sales and marketing, administration, secondary marketing, investor and research relations. Mr. Baffico is SEC Series 7 and FINRA Series 24 and 63 registered and has a B.A. degree from the University of Wisconsin.
Asher E. Fogel, 61
Chief Risk Officer
- Tel 212.867.1234
- afogel@berkleyacq.com
Mr. Fogel was a senior executive at Citicorp from 1985 to 1997 where he held a number of senior management positions, including Senior Securities Officer, head of Equity Finance and Corporate Advisory, and Managing Director, both in New York and London. In 1994, he established and managed the Investment Advisory Division of Citicorp's Private Bank, with $10 Billion of assets under management. Prior to joining Citicorp, Mr. Fogel held senior banking positions at Samuel Montagu & Co. and at Bank of America in London. In 1997, Mr. Fogel co-founded Dovertower Capital and in 1998 Dovertower led the first LBO transaction in Israel, acquiring the Ampa Group, with Mr. Fogel as Chairman. In 2005, Mr. Fogel assumed the role of CEO and Chairman of publicly held US Energy Systems Inc. Mr. Fogel is currently the Managing Partner of BenAlon Capital LLC, an alternative asset manager specializing in distressed investments.
Jack Hazan, 36
Chief Analyst
- Tel 212.867.1234
- jhazan@berkleyacq.com
Mr. Hazan helped form a special purpose opportunity fund for the Carlton Group, to capitalize on some of the new opportunities that developed in the real estate market following the economic and credit collapse of 2008. Mr. Hazan also helped to establish and launch a $100 million distressed debt Fund for the Carlton Group. Mr. Hazan has independently raised over $100 million for various real estate related projects. Previously, Mr. Hazan formed Top Rock Partners LLC, a real estate investment firm. He currently holds various active FINRA licenses such as the Series 24, 7, 63, 79, and 55.

This confidential presentation (“Confidential Presentation”) has been prepared by Berkley Asset Management LLC (“Berkley”), for distribution to a limited number of parties and does not purport to be all-inclusive or to contain all of the information that prospective investors may need or desire. No representation is made by Berkley as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on, as a promise or representation as to the future performance of the investments described herein. Although the information contained herein is believed to be correct, Berkley and its members, employees and affiliates disclaim any and all liability for representations and warranties, expressed or implied, contained in, or for omissions from, this Confidential Presentation or any other written or oral communication transmitted or made available to the recipient.

This investment opportunity involves a high degree of risk. All prospective investors are encouraged to seek legal, tax, accounting, and other professional advice prior to making such investments. Investors must rely on their own judgment and that of their advisors regarding the merits of a particular investment opportunity.

This Confidential Presentation has been prepared solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service, or investment. The opinions expressed in this Confidential Presentation do not constitute investment advice and independent advice should be sought where appropriate.

This Confidential Presentation is not directed at any person in any jurisdiction where, for any reason, the publication or availability of this Confidential Presentation is prohibited. Those to whom such prohibitions apply must not access this Confidential Presentation. Berkley does not represent that (i) any of the materials in this Confidential Presentation; (ii) any investment services that may be deemed to be offered through this Confidential Presentation; or (iii) anything else in this Confidential Presentation, are appropriate for use or permitted by local laws in all jurisdictions. Those who use this Confidential Presentation do so of their own initiative, and are responsible for compliance with applicable local laws or regulations. Legal advice should be sought in cases of doubt. None of the materials or investment services at or referred to in this Confidential Presentation are available to persons residing in any jurisdiction where this would be contrary to local law or regulation.

Information in this Confidential Presentation contains statements that may constitute, and from time-to-time Berkley may make, "forward-looking statements" within the meaning of the safe harbor provisions of The Securities Act of 1933, as amended. Any such statements must be read in the context of the offering materials pursuant to which any securities may be offered or sold in the United States. These forward-looking statements are not historical facts but instead represent only Berkley's belief regarding future events, many of which, by their nature, are inherently uncertain and outside our control. Important factors that could cause actual results to differ from those in specific forward looking statements include, without limitation, economic and market conditions, political events and investor sentiments, liquidity of secondary markets, level and volatility of interest rates, currency exchange rates, security valuations, competitive conditions and size, and the number and timing of transactions.

BERKLEY ASSET MANAGEMENT LLC PRINCIPALS OF THE GENERAL PARTNER

Eli Braha, 55

Allan J. Heiney, 55

Steven A. Baffico, 38

Asher E. Fogel, 61

Jack Hazan, 36