Board of Directors

Manager

Investment Adviser

Board of Directors

25/06/2007 4:56 pm

The Directors are responsible for the determination of the Company’s investment objective and policy and have overall responsibility for the Company’s activities, including the approval of all major transactions. The Board has delegated day-to-day investment management and administration of the Company to the Manager under the terms of the Management and Investment Advisory Agreement. The Directors, all of whom are non-executive, are:
Crispian Collins, Chairman

Mr Collins has 30 years experience of managing investments for institutional clients in the public and private sectors. He is currently Chairman of ING Global Real Estate Securities Limited, a director of The Children’s Mutual , Director of The Salvation Army Trustee Company and Chairman of Governors at St. Leonards-Mayfield School.

Mr Collins was formerly Vice Chairman of UBS Global Asset Management and a member of the Group Managing Board of UBS AG. He was also previously Chief Executive and Executive Chairman of Phillips & Drew, London, and a founding director of the Phillips & Drew (Triton) property team. Mr Collins is resident in the UK.
Stephen Coe

Mr Coe qualified as a Chartered Accountant with Price Waterhouse in 1990 and remained in audit practice, specialising in financial services, until 1997. From 1997 to 2003 he was a director of the Bachmann Group of fiduciary companies and Managing Director of Bachmann Fund Administration Limited, a specialist third party fund administration company. From 2003 until 2007 Mr Coe was a director with Investec in Guernsey and formerly Managing Director of Investec Trust (Guernsey) Limited and Investec Administration Services Limited prior to becoming self employed in August 2006.

He is a director of a number of listed and unlisted investment funds and offshore companies, including Raven Russia Limited. He has been involved with offshore investment funds and investment managers since 1990 with exposure to emerging markets, property and private equity investments. Mr Coe is resident in France.
Jan van der Vlist

Mr van der Vlist is currently Managing Director of NIBC Bank N.V., a leading Dutch merchant bank focusing on the mid-market segment in Northwest Europe. He is head of Investment Management, a strategic business unit of the bank that focuses on Private Equity, Real Estate and Infrastructure.

Previously, Mr van der Vlist was Director of Structured Investments of PGGM, the second largest pension fund in the Netherlands. Prior to that, he was Director of Real Estate, as well as Deputy Director of Real Estate and head of investments in real estate funds, of PGGM and also served PGGM as Chief Financial Officer of Investments. Before joining PGGM in 1982, Mr. van der Vlist headed the accounting department and real estate management department of a subsidiary of Verenigde Bedrijven Bredero N.V., which was a major international real estate development and construction company.

His former board positions and membership of Advisory Committees include a board seat with Equity Office Properties Trust , the largest US office REIT, a board seat with Société Foncière des Pimonts, a French office fund, a board seat with Amvest, a Dutch private real estate company, a membership of the managing board of the European Public Real Estate Association (EPRA) and a membership of the Advisory Board of Real Estate Publishers. Mr van der Vlist is resident in the Netherlands.