CAP Firm Overview 2016 - Coast Funds

1 FIRM OVERVIEWC ompany ActivitiesI. Fund ManagementII. StructuringIII. Wealth ManagementCompany ProfileEstablished 2006 Based in London with representative offices in Geneva and MilanIndependently owned and operatedAuthorised and regulated by the Financial Conduct AuthorityEuropean MiFID passportI. Fund ManagementInvestment advisor to the Coast Freehold Income FundLaunched October 2012 Invests in residential freeholds in England and WalesJersey Property Unit Trust structureTargets 3% net income and 3% long-term capital gainsFund managers: Sven Miserey and Carina Fund Management (2) CAP acts as the investment manager for the MasayumefundsLaunching October 2016 Set up as a Luxembourg UCITS SICAV structureThree distinct strategies:Marathon:Global diversified multi-asset portfolio of equities, bonds and FX16: UCITS fund of UCITS fundsReflex:Discretionary trading on equity index futures and optionsFund Manager: Roberto FalzoniInvestment and Risk Committees: Sven Miserey, Carina Baranova, Roberto FalzoniI.

2 Fund Management (3) CAP acts as the investment manager for the Green Diamond hedge fund strategy Launched September 2014 Individual managed accounts on the Interactive Brokers platformOpportunistic long/short investing across all liquid asset classes on a global basis. Concentrated, high-conviction Manager: Ken Kinsey-QuickII. Structuring (1) CAP has set up an SPV for securitisation of public hospital receivables under italian Law 130/99 The securitisation program is encouraged by the italian government in providing financing for italian corporate sellers of the receivablesThe European Directive imposes penalty interest of European Base Rate + 8% , which has been recognised by the Constitutional Court of Italy 186 of 03/07/2013 SPV investors will gain access to public hospital receivables bearing penalty interest under European Directive 2011/7/UE CAP targets low double-digit returns on selected 1-and 2-year segregated portfoliosII.

3 Structuring (2) Under the same SPV umbrella, CAP securitises italian non-performing loansThe securitisation programme benefits from italian banks deleveraging effortsPortfolios are acquired at a fraction of their nominal value based on the quality of the underlying assetsCAP s segregated securitisation portfolios include residential mortgages, corporate lines of credit, personal unsecured loans, targets low double-digit returns on selected 2-to 3-year segregated portfoliosIII. Wealth ManagementCAP provides specialised wealth management services to MiFID professional clients CAP creates bespoke portfolios, concentrating on absolute returns through allocations to managers with whom CAP has long standing and in-depth relationshipsCAP s approach allows concentrated allocations across managers when diversification exists at the manager levelInvestment objectives range from conservative growth to aggressive growthBiographiesSven Miserey Managing Director Founder manager for the Coast Freehold Income portfolio manager at GLG Partners.

4 Set up GLG s structured credit portfolio (CDO).Co-inventor and patent holder of the Chicago Mercantile Exchange's Cleared Interest Rate over EUR15 billion in various long-only credit and money-market Funds for the Commerzbank years of marketing fixed income products and derivatives for leading financial Finance from George Washington Baranova, CFA Managing Director manager for the Coast Freehold Income Managing Director at Kazimir Partners. Responsible for the firm s business development and manager and hedge fund analyst at Blackstone in New York and a portfolio of emerging market debt and currencies at Schooner Asset Management in Boston, MA. Research analyst in the Emerging Market bond group at Scudder, Stevens & Clark in Finance from Northeastern University in Boston. CFA Kinsey-Quick, CFA Fund Manager Hedge Funds 25 years experience in the fund management industry focusing on hedge and CEO of Diamond Capital Management (Pty) Ltd, manager of the Green and Blue Diamond at Thames River Capital, research committee member for Haussmann Holdings ( Funds of hedge Funds ).

5 Founder of Redwood Investments, CIO for Coronation Holdings fund of hedge Funds business. Fund manager at Ifabanque (Permal Group). Assistant fund manager at CCF Foster & Brathwaite, Blue Circle Pension chairman, member of the Executive Committee for the CFA (UK) Society for three degree in Commerce from the University of Cape Town. CFA, CAIA charterholder. Roberto Falzoni Fund Manager Masayume Funds and manager of Denarius Conseils & Gestion , a Geneva-based multi-family office and wealth management of Dukre Asset Management , an independent asset management firm in of GDP Gestion de Patrimoines , a multi-family office in Lausanne, of PB Capital Markets and Derivatives at Credit Lyonnais (Suisse) in Geneva. CBC Banque, GroupeTradicion in in Business Management from Ecole des Hautes Etudes Commerciale (HEC) in Nieves Investment Manager - Spain/Italy Securitisation and asset manager of CAP s securitisation and managed the Investment Banking Division s Integrated Treasury at Banca Intesa.

6 Consolidated equityfinancing, repo and collateral management. Head of securities lending at Paribas overseeing business in six locations across Europe and the US. Product manager of securities services at JP Morgan. Corporate banking and custody products in Europe. Degree in Economics from Bocconi University in Milan. Executive MBA from IE Business School in Madrid. Gareth Robertson Advisor twenty five years of experience, both in institutional fund management with Barclays Bank, M&G and Invesco, and in UK and European corporate stockbroking as a director of Swiss Bank Corporation in London. Management consultancy work for a wide range of clients, including Siemens, Compart-Montedison, Cedel Bank (now Clearstream), Man Group and the European Commission. Business Development Director of Allenbridge Group plc.

7 Trustee of the pension fund of a listed UK in Modern Languages from Brasenose College, Watteaux Advisor to CAP s manager, founder of PW Conceil, an independent financial advisory experience in financial planning and wealth management at AXA markets broker with Hayaux, GPK and Drexell Burnham in Marketing and Accounting from Ecole Commerciale de la Chambre de Commerce et d Industrie in Paris. A. John Donachie Compliance Consultant ten years of compliance experience with alternative asset management Compliance Officer for major German, Japanese and Swiss Authorisation Officer and Surveillance Inspector at the Securities & Futures Authority (now Financial Conduct Authority).Eurobond and equity derivative sales with UBS, Bankers Trust, Toronto Dominion Bank and JP from Fettes College, Thomson Legal Consultant consultant on structuring and expert witness areas for as senior legal counsel for Morgan Stanley, BNP Paribas, Citigroup, JP Morgan and Renaissance Capital.

8 Extensive experience in structuring, executing and advising on a wide range of transactions including Funds , structured derivatives, synthetic and cash CLOs and CDOs, credit derivatives and other complex complex international transactions. Set up numerous securitisation and repackaging programmes and structures for various businesses. Experienced in issues of custody, security and SPVs. Was called as a Barrister at Lincoln s Inn, London in 2000; transferred to Solicitor status in s Degree in International Business Law from King s College, London. ContactsCapital Advisory Partners Ltd4 Montpelier StreetSuite 120 London SW7 1 EEUnited KingdomTel.: +44 20 7193 1645 Rue Docteur Alfred Vincent, 16 Gen ve, CH-1201 SwitzerlandTel.: +41 22 548 1645 Fax: +44 20 7681 document has been prepared solely to provide you with a profile of Capital Advisory Partners Limited (hereinafter CAP ).

9 It may not be used or reproduced for any other information and opinions contained in this document are for background purposes only and do not purport to be full or complete. No reliance may be placed for any purpose on the information or opinions contained in this document or their accuracy or completeness. No representation, warranty or undertaking, express or implied, is given by CAP as to the accuracy or completeness of the information or opinions contained in this document and no liability is accepted by CAP of any such information or information provided herein shall constitute, or be construed as, an offer to sell or a solicitation of an offer to acquire any security, investment product or service, nor shall any such security, product or service be offered or sold in any jurisdiction where such offer or solicitation is prohibited by law or regulation.

10 Recipients of this document who intend to apply for shares in any fund are reminded that any such application may be made solely on the basis of the information and opinions contained in that fund s Offering or Private Placement Memorandum which may be different from the information and opinions contained in this Residents: CAP is authorised and regulated by the Financial Conduct Authority in the conduct of its investment business. The Funds referred to in this document are unregulated collective investment schemes for the purposes of Section 76 of the Financial Services Act 1986 of the United Kingdom ( the Act ). Accordingly, this document may only be issued in the United Kingdom to persons who are authorised to carry on investment business under the Act ( authorised persons ), persons whose ordinary business involves the acquisition and disposal of property of the same kind as the property, or a substantial part of the property, to which the Funds relate and to persons to whom unregulated collective investment schemes are permitted in accordance with the Financial Services (Promotion of Unregulated Schemes) Regulations 1991.