TerraCycle Organic Fertilizer and Recycling Multiple Rounds Individual Investors and VCs 2005 to 2008           Led an investor group for the second equity financing (B round) in 2005.  Subsequently, the company quadrupled sales and completed two up rounds.  Inc. magazine named it the “Coolest Little Startup in America” and its CEO the “Top Entrepreneur Under 30”. The New York Times identified it as the “most environmentally friendly consumer product company”.  I joined a reconstituted Board of Directors in 2007, serving until 2009. Kronos Advanced Technologies Electronics Multiple Rounds Individuals and Turn Around Group 2004 to 2007           In 2004, I led an investor group in a PIPE for this listed pre-revenue company with disruptive technology in multiple applications in air movement and purification, acoustics, micro chip cooling and high voltage management.   In 2007, I led a down round convertible bridge loan in advance of an $18 million commitment by a turn around investment group.  Since then, the stock has not traded below four times the conversion price. PanAfrican Energy Secondary Oil Company in Africa US$ 20 million PanAfrican Energy & AIG African Infrastructure Fund 2000 to 2001     Invested $30 million in a private secondary oil company in Africa, taking a 50% interest.  I created a novel five-tier cash flow allocation structure that gave us a mezzanine risk with an equity return.   The Fund cashed out in less than two years at a 40% profit and 30% IRR.  The structure became the template for most of the Fund’s subsequent investments.

Sithe Energies Asia Power Development Company in Asia $50 million Sithe Energies, Singapore & AIG Asian Infrastructure Funds 1995 to 2000   Led the initial investment of $100 million for a 67% interest in this start-up with Sithe Energies, a developer of power projects.  The company became one of the few successful power companies in China and Asia.  The investors cashed out at a return of approximately 20% over seven years. Road King China Infrastructure Toll Road Developer in China HK$ 583 million Wai Kee Holdings Ltd. & AIG Asian Infrastructure Funds 1994 to 1998         Invested HK$583 million (US$75 million) for 40% of Road King, an early stage company. · Road King went public on the Hong Kong Exchange in 20 months at HK$8.40 per share versus our cost of HK$3.60.  · The Fund’s IRR was 29% from the late 1994 investment through mid-1998 when the Fund divested most of its shares.  · Road King was named one of the best-managed companies in Hong Kong by AsiaMoney magazine. Sweeny Olefins Petrochemicals $650 million Phillips Petroleum & Institutional Investors 1989       Created a highly innovative private equity structure to finance construction and operation. The structure:  · enabled the first major industrial project to sell private equity to non-industry investors. · lowered the cost of capital by using substantial leverage. · withstood a major cost over-run without detriment to the equity return.

Progress Leasing Leveraged Leasing Company $1 billion Xerox Credit & Florida Progress 1983 to 1989         Identified the business opportunity, wrote the business plan, identified the partners, sourced the financing, and negotiated formation of this start up leveraged leasing company.  It: · was the largest, longest running company of its kind. ·funded over $1 billion of equipment. ·company achieved a 20%+ return in each year 1983 to 1990. National Systems Finance Computer Leasing Company $100 million National Semiconductor & Equitable Life Leasing 1986 to 1987   Identified the business opportunity, wrote the business plan, identified the partners, sourced the financing, and negotiated formation of this start up computer leasing company.  This startup company achieved its business and return objectives. Xerox Commercial Leasing Office Equipment Finance Company $200 million Xerox Credit & Dana Commercial Credit 1985 to 1987 Identified the business opportunity, wrote the business plan, identified the partners, sourced the financing, and negotiated formation of this start up office equipment finance company company.  This startup company achieved its business and return objectives.