Board of Directors

The Directors of the Fund, each of whom is independent and non executive, are responsible for supervising the overall investment activities of the Fund

  • John ShakeshaftJohn Shakeshaft
  • David PirouetDavid Pirouet
  • Ronald GreenRonald Green
John Shakeshaft - Chairman

John Shakeshaft
Chairman

John, 59 has 27 years' experience as a corporate finance and capital markets banker. He is a Director and Chairman of the Audit Committee of Tele2 AB, listed on the OMX Nasdaq exchange, of Xebec, Inc, listed on the TSX and of The Economy Bank, NV, supervised in the Netherlands. He is also a director of TT Electronics plc listed on the LSE and of Valiance Funds regulated in Guernsey. John is a member of the Council of Cambridge University and Chairman of their Audit Committee. He is also a trustee of the Institute of Historical Research. He was educated at Cambridge, Princeton and London Universities. He served for nine years in HM Diplomatic Service.

John is considered by the company to be an independent Director on the basis that he is independent of the Adviser.

David Pirouet - Director

David Pirouet
Director

David, 58, a Jersey resident, is a qualified accountant. He was an audit and assurance partner for 20 years with PricewaterhouseCoopers CI LLP (“PwC”) until he retired in June 2009. He specialised in the financial services sector, in particular in the alternative investment management area. He also led PwC’s Channel Islands hedge fund management practice for over four years.

Since retiring from PwC, Mr. Pirouet has carried out a four month project for the Chief Minister’s Department in the States of Jersey, reporting to the Director for International Finance as well other advisory work. He currently serves on the Boards of a number of listed and privately held alternative investment vehicles.

David is regulated by the JFSC for the provision of services as a non-executive director. David has worked in London and Canada as well as the Channel Islands.

David is considered by the Company to be an independent Director on the basis that he is independent of the Adviser.

Ronald Green - Director

Ronald Green
Director

Ronald, 65, is retired from full time employment having had a long career involving various financial and senior management positions. From 1985 to December 2004, he worked at Berkeley Technology Limited, a listed Jersey financial services group where he had a variety of duties and responsibilities including managing the head office in Jersey, and executive and non-executive directorships of various development capital, leverage buy-out and other listed and unlisted funds. Prior to Berkeley Technology Limited, he worked at Citibank Jersey and was Finance Director of RCA Jersey Limited, a company manufacturing and selling television broadcast equipment worldwide. He is currently non-executive director of various other investment funds, including a European Private Equity Fund, a group of Mezzanine Debt Funds and investment holding company of a multinational telecommunications group. He is a Jersey resident and is a Fellow of the Chartered Institute of Management Accountants.

Ronald is considered by the Company to be an independent Director on the basis that he is independent of the Adviser.