Chairman of the Board of Directors
Jeffrey M. Gault has served as the Chairman of our board of directors since 2014. Mr. Gault currently serves as the chairman of the board of Americold Logistics. Previously, Mr. Gault was president and chief executive officer of Americold Logistics from 2012 to 2014. Prior to joining Americold Logistics, Mr. Gault was a principal lead at KB Home, Whitehall Funds and Westbrook Partners from 2005 to 2011. Prior to that, Mr. Gault served as chief operating officer of Empire Land from 2000 to 2005, general partner at the Pritzker Family affiliated partnerships from 1995 to 2000, general partner at Sun America Incorporated from 1990 to 1995, executive vice president and director of real estate at Home Savings of America & H.F. Ahmanson & Company from 1985 to 1990, and partner at Kennard, Dalahousie and Gault from 1971 to 1985. Mr. Gault currently serves as the lead independent director of the board of directors of Classic Party Rentals. He was a director of Morgan’s Hotel Group from 2007 to 2011 and chairman of the Fisher Center Policy Advisory Board at the University of California at Berkeley from 2005 to 2011. Mr. Gault received a Bachelor degree in Architecture from the University of California at Berkeley and a Master of Environmental Design from Yale University.
|Mark C. Biderman |
Mark C. Biderman, has been one of our directors since November 2010. Since February 2011, Mr. Biderman has been a member of the board of directors of Atlas Energy G.P., LLC. General Partner of Atlas Energy, L.P., a midstream energy service provider. Since August 2010, Mr. Biderman has been a member of the board of directors of the Full Circle Capital Corporation, an externally managed business development company. Mr. Biderman served as a member of the board of directors of Atlas Energy, Inc., an independent natural gas producer that also owned an interest in an energy services provider, from July 2009 through February 2011. Since January 2009, Mr. Biderman has been a consultant focused on the financial services sector. Mr. Biderman served as Vice Chairman of National Financial Partners Corp. (NYSE: NFP) , a benefits, insurance and wealth management services firm from September 2008 through December 2008. From November 1999 until September 2008, he served as NFP’s Executive Vice President and Chief Financial Officer. From 1987 to 1999, Mr. Biderman served as Managing Director and Head of the Financial Institutions Group at CIBC World Markets, or CIBC, an investment banking firm, and its predecessor, Oppenheimer & Co., Inc. Prior to investment banking, he was an equity research analyst covering the commercial banking industry. Mr. Biderman was on the “Institutional Investor” All American Research Team from 1973 to 1985 and was First Team Bank Analyst in 1974 and 1976. Mr. Biderman chaired the Due Diligence Committee at CIBC and served on the Commitment and Credit Committees. He serves on the board of governors and as Treasurer of Hebrew Union College-Jewish Institute of Religion, on the Board of Trustees of Congregation Rodeph Sholom and on the board of directors of Center for Jewish Life Princeton University - Hillel. Mr. Biderman is a Chartered Financial Analyst. Mr. Biderman graduated from Princeton University with a BSE, with high honors, in chemical engineering and from the Harvard Graduate School of Business Administration with an MBA.
Robert Kasdin, 57, has been one of our directors since April 2014. Mr. Kasdin has served as senior vice president and chief operating officer of Johns Hopkins Medicine since July 2015. Prior to joining Johns Hopkins Medicine, he served as senior executive vice president of Columbia University from September 2002 to June 2015. Prior to joining Columbia University, he served as the executive vice president and chief financial officer of the University of Michigan from 1997 to 2002. Before his service at the University of Michigan, he was the treasurer and chief investment officer for the Metropolitan Museum of Art in New York City from 1993 to 1997, and, from 1988 to 1992, served as vice president and general counsel for Princeton University Investment Company. He began his career as a corporate attorney at Davis Polk & Wardwell LLP. Mr. Kasdin served on the Board of Directors of Noranda Aluminum Holding Corporation (NYSE: NOR) an Apollo affiliate, from February 2008 to March 2014 and the Harbor Funds since January 2014. Mr. Kasdin is also a trustee of the National September 11 Memorial & Museum, and is a member of the Council on Foreign Relations. Mr. Kasdin earned his A.B. from Princeton University and his J.D. from Harvard Law School. Mr. Kasdin was nominated for election to our board of directors based on his legal experience as well as his leadership, financial and management experience with higher education institutions, including construction projects and major real estate development on behalf of those institutions, which brings an important perspective to our strategic planning.
|Eric L. Press|
Eric L. Press, has been one of our directors since July 2009. He is also a Vice President of our Manager and a member of our Manager's Investment Committee. Mr. Press has been a Senior Partner - Private Equity of Apollo Global Management since November 1998. Mr. Press joined Apollo in 1998. From 1992 to 1998, Mr. Press was associated with the law firm of Wachtell, Lipton, Rosen & Katz, specializing in mergers, acquisitions, restructurings and related financing transactions. From 1987 to 1989, Mr. Press was a consultant with The Boston Consulting Group, a management consulting firm focused on corporate strategy. Mr. Press serves on the boards of directors of Affinion Group (October 2006 to present), Caesars Entertainment Corporation (January 2008 to present), Noranda Aluminum Holding Corporation (March 2007 to present), Prestige Cruise Holdings (November 2007 to present), and Verso Paper Corp (December 2008 to present). Previously, he served on the boards of directors of Athene Re (July 2009 to Febrary 2014), Innkeepers USA (June 2007 to April 2010), Metals USA Holding Corp. (November 2005 to April 2013), Quality Distribution, Inc. (May 2004 to May 2008), Wyndham International (May 2005 to August 2005) and AEP Industries (June 2004 to February 2005). Mr. Press became an Administrator of Seven Sea Cruises S. De. R.L. in November 2011. He has been a member of the boards of directors of PCI and PCH, the parent companies of Seven Sea Cruises S. De. R.L., and Oceania Cruises, a sister company of Seven Sea Cruises S. De. R.L., since April 2007. Mr. Press graduated magna cum laude from Harvard College with an AB in Economics and Yale Law School, where he was a Senior Editor of the Yale Law Review.
Scott Prince has been one of our directors since 2013. Mr. Prince was Co-Managing Partner of Skybridge Capital from 2007 until January 2012. Prior to Skybridge, Mr. Prince was a Partner at Eton Park Capital Management from its launch in 2004 until 2007. At Eton Park he was global head of trading and the fund's derivatives business. Mr. Prince was Co-head of Equities Trading and of Global Equity Derivatives at Goldman Sachs and Co. through 2004. He became a Goldman Sachs Partner in 1998 and served on the firm's Finance Committee, the Equity Division's Risk Committee and the Equity Division's Operating Committee. He was a Director of the International Securities Exchange from 2002 to 2004. He is currently an Executive Board Member of the Wharton School and is a Board Member of the Hope and Heroes Pediatric Cancer Foundation. He received an MBA from the University of Chicago and a BS in Economics from the Wharton School of the University of Pennsylvania.
|Stuart A. Rothstein|
Director and Chief Executive Officer
Stuart A. Rothstein, is a Director, the Chief Executive Officer and the President of our Company. He is also the Vice President of, and a member of the Investment Committee of our Manager. Since 2009, Mr. Rothstein has been a partner and the Chief Operating Officer-Real Estate of Apollo Global Management, LLC (NYSE: APO). Mr. Rothstein is responsible for managing the day-to-day operations of the group as well as strategic planning and new business development. Prior to joining Apollo in 2009, Mr. Rothstein was a Co-Managing Partner of Four Corners Properties, a privately held real estate investment company. Previously, he served as a Director of KKR Financial Advisors, LLC, overseeing all investments in commercial real estate and a Director at RBC Capital Markets, responsible for the West Coast Real Estate Investment Banking practice. Prior to RBC, Mr. Rothstein was an Executive Vice President and Chief Financial Officer of the Related Capital Company, also serving as Chief Financial Officer for three publicly traded companies – Centerline Holding Company (formerly CharterMac), American Mortgage Acceptance Company and Aegis Realty Inc. Mr. Rothstein began his career at Spieker Properties Inc., an office REIT subsequently acquired by Equity Office Properties, and held various senior finance positions prior to being named Chief Financial Officer in 1999. Mr. Rothstein graduated from the Pennsylvania State University with a BS in Accounting and received an MBA from the Stanford University Graduate School of Business. He is a member of Pennsylvania State University’s Smeal College of Business Real Estate Advisory Board.
|Michael E. Salvati|
Michael E. Salvati, has been one of our directors since September 2009. Since December 2000, Mr. Salvati has been President at Oakridge Consulting, Inc., which provides interim management, management consulting and corporate advisory services to companies ranging in size from start-ups to multinational corporations. From February 2004 to May 2004, Mr. Salvati served as Chief Financial Officer of AMI Semiconductor, Inc. From September 1998 to February 2000, Mr. Salvati was Executive Vice President—Chief Operating Officer of National Financial Partners, Corp. (NYSE: NFP), an Apollo affiliated venture focusing on the consolidation of small financial services firms that service high net worth individuals. From June 1996 to June 1998, he was Chief Financial Officer of Culligan Water Technologies, Inc., an affiliate of Apollo, where he oversaw the completion of nearly 50 acquisitions over a period of 18 months. Mr. Salvati was a partner at KPMG Peat Marwick LLP from 1990 to 1996. Mr. Salvati is a Certified Public Accountant and member of the American Institute of Certified Public Accountants, Illinois CPA Society. He currently serves as a member of the board of directors and chair of the audit committee of Global Power Equipment Group, Inc. (NASD:GLPW) since August 2011. Mr. Salvati's previous board memberships include Things Remembered, Lazydays, Inc., NCH Nu World Marketing, Ltd., Coho Energy, Inc., Prime Succession, Inc., and Castle Holdco 4, Ltd., an Apollo affiliate. Mr. Salvati graduated from the University of Illinois at Champaign-Urbana with a BS in microbiology and an MS in accounting. Mr. Salvati qualifies as an "audit committee financial expert" under SEC guidelines.