About Prestige Corporate Overvie · Prestige was established just months before the largest ever global financial crisis which continues to significantly shape many aspects of our

About Prestige

Corporate Overview

Q1/2020

NOTE: INFORMATION CONTAINED WITHIN THIS DOCUMENT IS INTENDED FOR INVESTMENT PROFESSIONALS

FOR INFORMATION PURPOSES ONLY. NOT AVAILABLE TO RETAIL OR US INVESTORS.

PRESTIGE ASSET MANAGEMENT LIMITED IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FCA)

PRESTIGE ASSET MANAGEMENT LIMITED IS A MEMBER OF THE ALTERNATIVE INVESTMENT MANAGEMENT ASSOCIATION (AIMA)

PRESTIGE ASSET MANAGEMENT LIMITED IS A MEMBER OF THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT (CISI)

PRESTIGE CAPITAL MANAGEMENT LIMITED IS AUTHORISED AND REGULATED BY THE MALTA FINANCIAL SERVICES AUTHORITY (MFSA)

PRESTIGE CAPITAL MANAGEMENT LIMITED IS A MEMBER OF THE MALTA FUNDS INDUSTRY ASSOCIATION (MFIA)

PRESTIGE FUND MANAGEMENT LIMITED IS REGISTERED WITH THE CAYMAN ISLANDS MONETARY AUTHORITY (CIMA)

SELECTED FUNDS ARE REGISTERED WITH THE MONETARY AUTHORITY OF SINGAPORE (MAS)

SELECTED FUNDS ARE REGISTERED WITH THE MALTA FINANCIAL SERVICES AUTHORITY (MFSA)

SELECTED FUNDS ARE REGISTERED WITH THE COMMISSION DE SURVEILLANCE DU SECTEUR FINANCIER (CSSF)

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Contacting us

Authorised and regulated by the Financial Conduct Authority (FCA)

Member of the Alternative Investment Management Association (AIMA)

Member of the Chartered Institute for Securities and Investment (CISI)

Company Registration Number: 6 2 7 7 5 3 0

VAT Registration Number: 9 2 8 7 8 6 2 6 8

FCA Registration Number: 4 8 6 2 3 9

INVESTMENT ADMINISTRATION AND MARKETING SUPPORT

Prestige Asset Management LimitedMarketing Office: 33 St. James’s Square, London, SW1Y 4JS, United Kingdom

Registered Office: 36 Spital Square, London, E1 6DY, United Kingdom

T: +44 (0) 203 178 4055

F: +44 (0) 203 004 9690

E: (Admin) [email protected]

E: (Marketing) [email protected]

www.prestigeassetmanagement.co.uk

www.prestigefunds.com

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Contents

Page

Prestige: 6-17

Mission ……………………………………………………….…………...… 6

About Prestige ………………………..………………………………....…. 7

Why Prestige …………………………………………………….……....… 9

Values ………………………………………………………………………. 11

Clients ………….. ..……………………………………………................. 13

Governance, Compliance & Regulation …………………………..……. 14

Service Providers ………………………………………………..……….. 17

Prestige Companies: 19-34

Services ……………………………………………………………....…….. 19

Companies & Joint Ventures …………………………….......…..….…… 20

Prestige Asset Management ……………………………………...……… 21

Prestige Capital Management ………………………………………....… 23

Prestige Fund Management ……………………………………………… 25

Privilege Holdings …………………………………………………..…….. 27

Nucleus Holdings …………………………………………………..…….. 29

Prestige Asset Distribution ……………………………………………. .. 31

Prestige International Marketing Services …………………………….… 33

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Page

Prestige People: 36-68

Prestige People ……………………………………………………...…….. 36

Founders - Board Directors (UK and International) …………...……..… 37

Board Directors (UK and International) & Board Advisors…………..…. 40

Privilege People …………………………….……………………………… 64

Nucleus People ……………………………………………………………. 68

Prestige Funds: 69-83

Why Private Debt & Alternative Lending Strategies? …………………… 70

Investment Focus & Opportunities ……………………….………………. 72

Commercial Finance Opportunities……………………………………..... 73

Prestige Alternative Finance ………..……………………………..….….. 74

Prime Alternative Finance …………..……………………………..….….. 75

Multi Finance Opportunities……………………………………................ 76

Market Correlations ……………………………………………….…...…. 77

Risk Vs Reward …………………………………………………….....….. 78

International Fund Reference Codes ……………………………..……. 79

Legal Disclaimer & Risk Warning ………………………………………… 83

Contents

5

Mission

To provide investors with a genuine

alternative inflation hedge in an increasingly

uncertain and volatile world.

6

Founded in 2007, Prestige consists of several companies under common ownership and

control. The objective of this enterprise is to provide professional, innovative financial products

and services to a diverse international client base and to deliver consistent, positive investment

returns.

Prestige is also committed to continuously improving all areas of its business while empowering

and developing its diverse team of professionals - many of whom come from senior positions

within banking, finance and investment management.

The key strengths of Prestige are People, Processes and Systems

Prestige was established just months before the largest ever global financial crisis which

continues to significantly shape many aspects of our world today in economic, political and

social terms.

Since then, and against many odds, Prestige has successfully launched several businesses

and innovative financial products and services that now employ over 100 professionals in the

UK, Malta, Luxembourg and Cayman as well as raising over USD 2 billion. The investor base

continues to grow and evolve both geographically as well as by type, and Prestige now

manages significant assets for institutional investors such as pension funds, family offices and

sovereign wealth funds. This is testament to the experience and dedication of our various

teams and the systems and processes developed - enabling innovative products and services

to continue to evolve and assets to grow.

PrestigeAbout

7

Putting Capital to WorkPrestige operates several specialist alternative credit funds via dedicated companies which

have attracted thousands of investors from around the world seeking commercial rates of

return and a positive social impact. Prestige takes a centuries-old financing tool and overlays

expertise in structuring, risk management and financial software to bring global capital to many

under-served businesses.

Experienced LeadershipPrestige’s leadership and management teams are passionate about putting money to work in

support of actual business transactions in places where it can make a big difference. We have

deep experience in fund management, asset finance, invoice finance and project finance. We

believe in the power of markets to create shared prosperity and social stability when every

business owner can say yes to opportunity. By offering commercial finance that more small

businesses can access in more communities, we support the development of financial

independence, jobs and wealth creation in the long term.

PrestigeAbout

8

PrestigeSocial and Ethical Behaviour Statement

Stakeholders

We recognise the importance of all those who have a stake in what we do, whether they are

our customers, our suppliers, staff, third parties, shareholders, local or national government or

the community. We aim to be fair and transparent and take seriously any feedback we receive

both positive and negative and deal with any issues expediently, professionally and

compassionately.

People

We understand that a good working environment of fairness, equal opportunities and flexibility

is essential to help our people develop their full potential. In return we expect the highest

ethical and professional standards.

Community

Much of what we do has a direct impact on the local communities that we support by creating

jobs, diversifying income streams and helping groups to work together for a common good.

Environment

Our focus on clean and renewable energy, much of it from waste and residue, means that

while we are doing our bit for the world we live in, we are also trying to make things even

better.

Governance and Risk Management

A fundamental part of business is our insistence on strong and responsible Governance and

Risk Management with complete transparency and accountability.

9

Long-standing experience

within the Alternative Investment Management Industry

Consistent and substantial

long-term track record

Privileged access

to alternative investment opportunities

PrestigeWhy?

10

Smart people with lots of experience

Talent Breadth and depth with a range of skills

Access to the best talent

Prestige Team has decades of collective experience

Experience Prestige Fund Managers have decades of collective experience

Focus on capital retention

Risk Control Rigorous risk elimination process

Pro-active

Highly commercial

Entrepreneurial Culture Original thinking, original research

Creating 'Alpha'

For our clients

Ambitious For our firm

Financial Institutions

Client Focus Private Client Advisors

Multi Manager approach

Portfolio Breadth Multi Strategy approach

Alternative and traditional

PrestigeWhy?

11

▪ Integrity

▪ Diligence

▪ Commitment

▪ You

PrestigeValues

12

Prestige’s success is the result of its core strengths and values

▪ Prestige is committed to always delivering returns for investors

▪ Prestige’s own success is the result of putting investors’ interests first

▪ Prestige is committed to providing innovative investment solutions

▪ Continuous research, development and market knowledge

▪ Delivery of quality products, services and results

▪ To provide an opportunity for gifted, entrepreneurial professionals with like-minded goals,

operating in an informal and modern environment

▪ The Prestige culture continually evolves and remains flexible to maintain a competitive

edge

▪ The Prestige environment values diversity, inclusiveness and integrity

PrestigeValues

13

Prestige & Service Providers

▪ Prestige Asset Management Limited, Prestige Fund Management Limited, Prestige Asset Distribution Limited, Prestige Capital Management Limited and Prestige International Marketing Services Limited do not hold any client funds nor do they provide any financial advice.

▪ Prestige Asset Management Limited is authorised and regulated in the UK by the Financial Conduct Authority (FCA)www.fca.gov.uk

▪ Prestige Asset Management Limited is a member of the Alternative Investment Management Association (AIMA)www.aima.org

▪ Prestige Asset Management Limited is a member of the Chartered Institute for Securities and Investment (CISI) www.cisi.org

▪ All Directors of Prestige Asset Management Limited are individually approved in the UK by the Financial Conduct Authority (FCA) www.fca.gov.uk

▪ Prestige Asset Management Limited uses a UK-based independent financial governance and compliance consultancywww.methuenconsulting.com

▪ Prestige Asset Management Limited is independently audited annually in the UK by chartered accountantswww.meyerwilliams.co.uk

▪ Prestige Asset Management Limited uses an independent information technology consultancy with off-site data capture, backup and contingency facilitieswww.oschora.com

▪ Prestige Capital Management Limited is authorised and regulated in Malta by the Malta Financial Services Authority (MFSA)www.mfsa.com.mt

▪ Prestige Capital Management Limited is a member of the Malta Funds Industry Association (MFIA)www.mifa.org.mt

PrestigeGovernance, Compliance & Regulation

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Prestige Funds & Service Providers

▪ All Prestige Funds use independent fund administrators, custodians, prime brokers, auditors and bankers

www.deloitte.com

www.kpmg.lu

www.bm.butterfieldgroup.com

www.mufg-investorservices.com

www.tr.mufg.jp/english

▪ All Prestige Funds typically operate with at least 3 experienced international Board Directors with at least 1being independent and all are individually approved persons at regulated companies in the UK or otherjurisdictions.

▪ Selected Prestige Funds are managed and/or advised by a regulated Investment Manager and also often use regulated independent Investment Advisors

▪ Selected Prestige Funds are registered with the Malta Financial Services Authority (MFSA)

www.mfsa.com.mt

▪ Selected Prestige Funds are registered with the Cayman Islands Monetary Authority (CIMA)

www.cimoney.com.ky

▪ Selected Prestige Funds are registered with the Monetary Authority of Singapore (MAS)

www.mas.gov.sg

▪ Selected Prestige Funds are registered with the Commission de Surveillance du Secteur Financier (CSSF)

www.cssf.lu


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Prestige & Service Providers

▪ Prestige Fund Management Limited is registered in Cayman by Cayman Islands Monetary Authority (CIMA)

www.prestigefundmanagement.ky

▪ MUFG Fund Services (Ireland) is licensed by the Bank of Ireland (BOI)

www.bankofireland.com

▪ Butterfield Trust (Bermuda) Limited is authorised and regulated by the Bermuda Monetary Authority (BMA)

www.bma.bm

▪ Mitsubishi UFJ Investor Services & Banking (Luxembourg) SA is authorised and regulated by the Commission

de Surveillance du Secteur Financier (CSSF)

www.cssf.lu

▪ Charterhouse Law is regulated in the UK by the Solicitors Regulation Authority (SRA)

www.sra.org.uk

▪ Clyde & Co is regulated in the UK by the Solicitors Regulation Authority (SRA)

www.sra.org.uk


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PrestigeService Providers

Administrator (Cayman / Malta Funds): Mitsubishi UFG Fund Services (Ireland) Limitedwww.mufg-investorservices.com

Administrator (Luxembourg Funds): Mitsubishi UFJ Investor Services & Banking (Luxembourg) SAwww.mufg-investorservices.com

Auditor - Selected Funds: Deloitte (UK / Cayman / Malta)www.deloitte.com

Auditor - Selected Funds: KPMG (Luxembourg)www.kpmg.com.lu

Auditor - Selected Companies: Grant Thornton (UK)www.grantthornton.co.uk

Auditor - Selected Companies: Kingston Smith (UK)www.kingstonsmith.co.uk

Auditor - Prestige Asset Management: Meyer Williams (UK)www.meyerwilliams.co.uk

Bankers: Butterfield Bank (Cayman) www.bm.butterfieldgroup.com

HSBC (UK)www.hsbc.co.uk

Bank of Valletta (Malta)www.bov.com.mt

Custodian (Cayman Funds): Butterfield Trust Ltd (Bermuda)www.bm.butterfieldgroup.com

Custodian (Luxembourg / Malta Funds): MUFG Investor Services (Luxembourg)www.mufg-investorservices.com

Legal Advisor (UK): Charterhouse Law (UK)www.charterhouselaw.co.uk

Legal Advisor (UK): Clyde & Co (UK)www.clydeco.com

Legal Advisor (Malta): Ganado Associates (Malta)www.ganadoassociates.com

Legal Advisor (Cayman): Solomon Harris (Cayman)www.solomonharris.com

Legal Advisor (British Virgin Islands): Maples & Calder (BVI)www.maplesandcalder.com

Legal Advisor (Singapore): Tan Peng Chin LLC (Singapore)www.tpclaw.com.sg

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PrestigeClients

Our diversified client / investor base includes:

International Institutional Investors

▪ Banks

▪ Corporations

▪ Insurance companies

▪ Pension funds

▪ Public entities and authorities

▪ Registered charities

International Professional Advisors

▪ Alternative investments third party marketers

▪ Asset managers

▪ Discretionary investment advisors

▪ Discretionary investment trusts

▪ Distribution networks for financial products

▪ Family offices

▪ Hedge fund managers

▪ Private banks

Prestige Asset Distribution

Gross Assets Raised - Highlights

2011 USD 97 million

2012 USD 184 million







NOTE: All figures are approximate and subject to change without notice.

SOURCE: Prestige Asset Distribution Limited

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Prestige

▪ Companies

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Prestige CompaniesServices

NOTE: ‘Nucleus’ refers collectively to Nucleus Holdings Limited and Nucleus Commercial Finance Limited.

‘Privilege’ refers collectively to Privilege Holdings Limited, Privilege Asset Finance Limited and Privilege Project Finance Limited.

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Prestige Capital Management Prestige Fund Management Prestige Asset Management

Malta Cayman Islands United Kingdom

Nucleus Commercial Finance Privilege Finance

United Kingdom United Kingdom

Invoice Finance Asset Finance / Project Finance

Prestige Asset Distribution Prestige International Marketing

British Virgin Islands British Virgin Islands

Investment Funds Investment Products

Prestige Alternative Finance Prime Alternative Finance Multi Finance Opportunities

Luxembourg Cayman Islands Luxembourg Malta

INVESTMENT MANAGEMENT & INVESTMENT ADMINISTRATION

DIRECT LENDING - FINANCE ARRANGERS

MARKETING, SALES & DISTRIBUTION

ALTERNATIVE INVESTMENT - CREDIT FUNDS

Commercial Finance Opportunities

Prestige Companies& Joint Ventures

The Prestige team consists of over 100 people in regulated operations

in the UK and in several international financial centres21

Prestige CompaniesPrestige Asset Management

Established in 2007, Prestige Asset Management Limited is a UK-based administration and

marketing company regulated by the Financial Conduct Authority (FCA) and is entirely

privately owned by its senior management. The company specialises in providing investment

administration and marketing support services to international fund managers, wealth

managers, asset managers, financial advisors and financial intermediaries.

Prestige Asset Management Limited is authorised and regulated by the Financial Conduct

Authority (FCA) (No: 486239) and is a member of the Alternative Investment Management

Association (AIMA) and the Chartered Institute for Securities and Investment (CISI).

www.prestigeassetmanagement.co.uk

www.fca.org.uk

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▪ Investment Marketing Support Services

▪ Investment Administration Support Services

▪ Investment Risk Consulting Services

Deborah HardyCHIEF OPERATING OFFICER & DIRECTOR

Michael RomanekDIRECTOR

BOARD DIRECTORS

FCA Authorised - UK

David CurlingCHAIRMAN & DIRECTOR

FCA Authorised - UKFCA Authorised - UK

Prestige CompaniesPrestige Asset Management

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Prestige CompaniesPrestige Capital Management

www.prestigecapitalmanagement.com.mt

www.mfsa.com.mt

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Established in 2011, Prestige Capital Management Limited is a Malta-based investment

management company regulated by the Malta Financial Services Authority (MFSA) and is

entirely privately owned by its senior management. The company specialises in

international alternative investments with a focus on absolute return, actively managed

strategies and is responsible for the management and operation of several European-

domiciled investment funds.

Prestige Capital Management is very pleased to be admitted to the Association of the

Luxembourg Fund Industry (ALFI) as of 5th December 2019. We look forward to working

with our fellow members going forward in promoting the benefits of Luxembourg as a

leading international funds domicile.

Prestige Capital Management Limited is authorised and regulated by the Malta Financial

Services Authority (MFSA) and is a member of the Malta Funds Industry Association

(MFIA). Prestige Capital Management Limited operates with full scope Alternative

Investment Fund Managers Directive (AIFMD).

▪ Investment Management

▪ Risk Management

▪ Investment Analysis

▪ Investment Administration Support Services

▪ Investment Research, Evaluation, Monitoring and Selection

▪ EU / AIFMD Licence

▪ MFSA Licence

Prestige CompaniesPrestige Capital Management

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BOARD DIRECTORS AND SENIOR MANAGEMENT

CSSF Authorised - Luxembourg

CIMA Registered - Cayman

MFSA Authorised - Malta

FCA Certified Individual - UK


DIRECTORDIRECTOR & FOUNDER

FINMA Authorised - Switzerland




FCA Certified Individual - UK

David Galea Souchet

INDEPENDENT DIRECTOR

Craig Reeves Robert McGregor

Established in 2009, Prestige Fund Management Limited is a Cayman based Fund

Management company registered with the Cayman Islands Monetary Authority (CIMA) and is

entirely privately owned by its senior management. The company specialises in international

alternative investments with a focus on absolute return, actively managed strategies and is

responsible for the management and operation of several investment funds.

Prestige Fund Management Limited and all board directors are registered with the Cayman

Islands Monetary Authority (CIMA).

www.prestigefundmanagement.ky

www.cimoney.com.ky

Prestige CompaniesPrestige Fund Management

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▪ Investment Management

▪ Risk Management

▪ Asset Finance - Management

▪ Asset Finance - Due Diligence

▪ Asset Finance - Qualitative Research

▪ Asset Finance - Quantitative Research

Prestige CompaniesPrestige Fund Management

DIRECTOR & FOUNDER

Robert McGregor

DIRECTOR DIRECTOR

Raffaele RivaCraig Reeves

DIRECTOR

Peter Anderson


BOARD DIRECTORS





FCA Authorised - UK




FCA Authorised - UK


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Privilege Holdings is based in Cambridge and is owned by Prestige and senior management. It focuses on

providing specialist funding to rural based small business enterprises.

Privilege Holdings operates with two main brands, Privilege Asset Finance (established 2016) and

Privilege Project Finance (established 2001), which provide integrated financial solutions to farmers and

associated agricultural sector companies looking to grow their businesses.

The company and its subsidiaries employ approximately 40 people and have lent

over GBP 1 billion to over 6,000 customers representing approximately 15,000 loan

transactions.

With decades of combined experience in both agriculture and asset finance, the group understands the

needs of its customers and is able to utilise its expertise in these sectors to help provide effective funding

strategies for clients and projects of all sizes and is able to tailor solutions to individual funding

requirements accordingly.

As well as providing finance for specialist agricultural equipment, machinery and vehicles, the company

also finances renewable energy / waste to energy and waste to heat related projects and has a strong

portfolio of Anaerobic Digesters (AD) and Biomass Boilers covering the United Kingdom.

www.privilege.finance

Prestige CompaniesPrivilege Holdings

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▪ Loan Origination

▪ Loan Administration & Management

▪ Asset Finance

▪ Project Finance

▪ Commercial Finance

BOARD DIRECTORS

Deborah Hardy

DIRECTOR

Philip Gerrard David Head

DIRECTORCHIEF EXECUTIVE OFFICER & DIRECTOR

FCA Authorised - UKFCA Authorised - UK

Prestige CompaniesPrivilege Holdings

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Established in 2011 and based in London, Nucleus Holdings is owned by Prestige and senior

management. It focuses on providing small business funding / credit facilities similar to the major banks

but with the flexibility of a Peer to Peer provider.

Nucleus offers two strands of finance: Loans - Cash Flow Finance, Property Finance and Business Cash

Advance; and Asset Based Lending - Invoice Finance, Asset Based Lending, Construction Finance and

Education Finance.

The company employs approximately 50 people and has lent almost GBP 1 billion

to several hundred small business enterprises representing several thousand loan

transactions.

The company provides working capital, bridging loans or finance for new business equipment, and also

has the financial expertise to structure alternative business funding that will help ensure future success for

small to medium size privately owned companies in the United Kingdom.

www.nucleus-cf.co.uk

Prestige CompaniesNucleus Holdings

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▪ Loan Origination

▪ Loan Administration & Management

▪ Invoice Finance

▪ Asset Finance

▪ Property Finance

▪ Overdraft Finance

▪ Construction Finance

NON-EXECUTIVE DIRECTOR

Gordon Titley

NON-EXECUTIVE DIRECTOR

Simon Willmett

BOARD DIRECTORS

Chirag Shah

CHIEF EXECUTIVE OFFICER & DIRECTOR

Mark Goldman

MANAGING DIRECTOR DIRECTOR

David Head

Prestige CompaniesNucleus Holdings

31

Established in 2007, Prestige Asset Distribution Limited (formerly known as “Prestige Asset

Advisors Limited”) is a British Virgin Islands-domiciled, experienced investor fund distribution

company specialising in the international co-ordination and distribution of alternative

investments, and is entirely privately owned by its senior management.

The company is responsible for co-ordinating the international distribution and sales of

Cayman, Malta and Luxembourg-based Funds with a focus on financial institutions, financial

advisors and asset managers. The company has raised over USD 2 billion since 2008.

www.prestigeassetdistribution.com

Prestige CompaniesPrestige Asset Distribution

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▪ International Fund Sales

▪ International Fund Marketing

▪ International Customer Relationship Management

Raffaele Riva Peter Anderson

DIRECTOR & FOUNDER DIRECTOR DIRECTOR

CIMA Registered

BOARD DIRECTORS




FCA Authorised - UK


Craig Reeves

Prestige CompaniesPrestige Asset Distribution

33

Established in 2012, Prestige International Marketing Services Limited is a British Virgin Islands

domiciled company and is a professional investor marketing company specialising in the

distribution of international investment products by its senior management.

The company is responsible for co-ordinating the international distribution and sales of various

specialist investment products and services for the international financial advisory industry. The

company has raised over USD 50 million since 2012.

www.prestige-IMS.com

Prestige CompaniesPrestige International

34

▪ Investment Products

▪ Investment Services

▪ International Customer Relationship Management

Craig Reeves

DIRECTOR & FOUNDER

Peter Anderson

DIRECTOR

Brian Clothier

DIRECTOR

CIMA Registered

BOARD DIRECTORS

FINMA Approved - Switzerland

CSSF Approved - Luxembourg

MFSA Approved - Malta

FCA Approved - UK

Prestige CompaniesPrestige International

35

Prestige

▪ People

36

Prestige People

▪ Founders / Board Directors (United Kingdom and International)

▪ Board Directors (United Kingdom and International)

▪ Board Advisors (United Kingdom and International)

▪ Investment Committee (International)

▪ Investment Research (International)

▪ Retained Consultants (International)

▪ Privilege Holdings

▪ Nucleus Holdings

The Prestige team consists of over 100 professionals

responsible for the management and administration of over US 1bn

37

Prestige PeopleFounder - Board Director (International)

Craig Reeves (United Kingdom)Board Director & Founder:

Prestige Capital Management / Prestige Fund Management / Prestige Asset

Distribution / Prestige International Marketing Services and various Prestige Funds

Associated with Prestige since 2007

Craig is a Director and Founder of Prestige Capital Management Limited, Prestige Fund Management Limited, Prestige Asset Distribution

Limited and Prestige International Marketing Services Limited and is a Board Director of various international Prestige Funds. He is also a

Director of Nucleus Holdings Limited and is a co-founder and non-executive director of OpenFunds Investment Services AG.

Formerly Managing Director and co-founder of Platinum Capital Management Limited (an international asset management group). Formerly

Head of Portfolio Management and Asset Allocation at Titan Capital Management Limited (an international asset management group). Prior

experience as a Proprietary Trader at Gaiacorp Trading Limited (an international asset management group), Proprietary Trader at London

Currency Exchange Limited (a private client / proprietary trading house) and an internship at Bank of America (London). He has also

previously provided retained consultancy services to a large London-based international family office, a large London-based international

stock broker, a London-based pension consulting group and a London-based international real estate investment group.

He has over 25 years’ experience in financial services as a professional investment manager, trader and investor of alternative investments,

hedge funds, capital markets and real estate and has written several articles for various financial publications journals including the AIMA

Journal. He has served as a Board Director on over 20 international Funds. He graduated with a BA (Hons) in Business Administration from

Huddersfield University and a Higher National Diploma in Business and Finance from University of Greenwich (London). He also attended the

New York Institute of Finance (NYIF) where he studied various financial markets and derivative trading courses and is also a member of the

Chartered Institute for Securities and Investment (CISI).

Approved in Malta by the Malta Financial Services Authority (MFSA), approved in Switzerland by the Swiss Financial Market Supervisory

Authority (FINMA), approved in Luxembourg by the Commission de Surveillance du Secteur Financier (CSSF), a certified individual for UK

Financial Conduct Authority (FCA) purposes and registered with the Cayman Islands Monetary Authority (CIMA).

38

Deborah Hardy (United Kingdom)Board Director: Chief Operating Officer

Prestige Asset Management


Deborah is an Executive Director, Chief Operating Officer and shareholder of Prestige Asset Management Limited

and is an Executive Director of Privilege Holdings Limited.

She has over 20 years’ experience in business administration, process management and development, delivering a

wide range of both client and supplier focused solutions. She was formerly Director of Client Services at an

international asset management group with approximately USD 1 billion under management. She has also held

several operational and management roles within supply chain and contract management at Gardline Marine

Sciences (the world’s largest independently-owned marine survey company), Aviva plc, the largest UK insurance

company and the Rotch Property Group.

Approved in the UK by the Financial Conduct Authority (FCA)to perform a Senior Management Function.

Prestige PeopleBoard Director (United Kingdom)

39

Prestige PeopleBoard Director (International)

Robert McGregor (United Kingdom)Board Director: Prestige Capital Management, Prestige Fund Management, Prime Holdings and

various Prestige Funds


Robert is a director of Prestige Capital Management Limited, Prestige Fund Management Limited and Prime

Holdings Limited, and a director of various Prestige Funds.

His early background was in financial services as a financial markets trader in London running large proprietary

trading books at Bankers Trust (an investment bank), Chemical Bank (an investment bank) and Royal Trust Bank

(an investment bank). In 1994 he became a founder member and director of London based City Fund Management

Limited (an investment manager), where his primary responsibilities were for operations and risk management. In

2005 he relocated to Grand Cayman and set up City Fund Management (Cayman) Limited (a risk management

consultancy) that supported investment management companies in London, Cayman and the Bahamas. In 2011 he

relocated to Malta to help establish Prestige Capital Management Limited and is now based in the UK.

Approved in Malta by the Malta Financial Services Authority (MFSA), a certified individual for UK Financial Conduct

Authority (FCA) purposes and approved in Luxembourg by the Commission de Surveillance du Secteur Financier

(CSSF) and registered with the Cayman Islands Monetary Authority (CIMA).

40

David Galea Souchet (Malta)Board Director: Prestige Capital Management


David is a Director of Prestige Capital Management Limited. He currently acts as Non-Executive Director, Money

Laundering Reporting Officer and Compliance Officer on a variety of international Funds and Fund managers

including UCITS Management Companies.

Prior to establishing Cordium, he was group financial controller of a diversified group of companies and between

2004 and 2008, he was Chief Officer for Corporate Services at Malta Enterprise Corporation, the agency

responsible for foreign direct investment and support to industry in Malta. He started his career in 1992 at

PricewaterhouseCoopers (PwC) where he spent 12 years in business assurance where, as a manager, he was

responsible for a significant portfolio of clients in various industries. At PwC he was also involved in a number of

special assignments including high profile financial investigations. He has been a member of the Association of

Chartered Certified Accountants since 1998 and has attended significant training in corporate governance,

regulatory compliance and financial services.

Approved in Malta by the Malta Financial Services Authority (MFSA).


41

Luc Sunnen (Luxembourg)Board Director: Prestige Luxco Holdings 1 and Prestige Luxco Holdings 2


Luc is an Executive Director of Prestige Luxco Holdings 1 Sàrl and Prestige Luxco Holdings 2 Sàrl finance and

lending operating companies and also acts as a Board Advisor to Prestige.

He is also the Managing Partner of DMS & Associés Sàrl, a member of DFK International, a Luxembourg-based

specialist accounting, tax and consulting firm with areas of expertise in business valuation, consolidation, external

auditing and business consulting, focusing on financial companies, international structures, private equity and other

professionals within the financial sector. He has extensive experience in the establishment and management of

Luxembourg Soparfis and international structures and was formerly employed at Arthur Andersen & Cie.

He graduated from Universite de Nancy II with Maitrise et Sciences Economiques. He is also a certified External

Auditor, a former member of the Institut des Reviseurs d’Enterprises, Luxembourgeois (IRED), a Certified chartered

accountant and a member of the Ordre des Experts Comptables Luxembourgeois (OECL). He is fluent in French,

English, German and Luxembourgish.

Approved in Luxembourg by the Commission de Surveillance du Secteur Financier (CSSF).


42

Christophe Fender (Luxembourg)Board Director: Prestige Luxco Holdings 1 and Prestige Luxco Holdings 2


Mr Fender is a partner with DMS & Associés Sàrl, a member of DFK International, a Luxembourg-based specialist

accounting, tax and consulting firm with areas of expertise in business valuation, consolidation, external auditing

and business consulting, focusing on financial companies, international structures, private equity and other

professionals within the financial sector.

He has extensive experience in the establishment and management of Luxembourg Soparfis and international

structures. Formerly employed by KPMG Luxembourg, he started his career with Abax Group in their accounting

and tax department.

He graduated from the University Louis Pasteur in Strasbourg with a Master’s in International Business

Management. Mr Fender is a certified chartered accountant, and member of the Ordre des Experts Comptables

Luxembourgeois (OECL). He also holds a certified internal auditor qualification from the US institute of internal

auditors.

Approved in Luxembourg by the Commission de Surveillance du Secteur Financier (CSSF).


43

Adam de Domenico (Malta)Board Director: Prestige SICAV plc

Board Advisor: Prestige Capital Management


Adam is a Director of Prestige SICAV plc and Director and Founder of ACA Compliance in Malta, a firm providing

regulatory compliance and other related services to the asset management industry in Malta.

He was previously at PricewaterhouseCoopers (1988-2002) as a manager in audit and subsequently as a senior

consultant, in Malta, New York and San Francisco. He obtained experience advising small Fortune 50 companies in

multiple industries across the USA and Europe and acquired a solid background in finance, management and

operations. Between 2004 and 2007 he was the CFO and COO of a commodity trading advisor based in Malta and

regulated by the MFSA.

He was admitted as a member of the Association of Chartered Certified Accountants UK in 1996, graduated with a

Master of Arts in Financial Services from the University of Malta in 2009 and obtained a Diploma in Corporate

Finance, Treasury and Portfolio Management in 2010.

Approved in Malta by the Malta Financial Services Authority (MFSA).


44

Peter Anderson (United Kingdom)Board Director: Prestige Fund Management, Prestige Asset Distribution and Prestige

International Marketing Services


Peter began his career with Coopers & Lybrand (PWC) in 1976 working in their Belfast and Edinburgh offices before

being transferred by them to the Cayman Islands. He and a former Coopers & Lybrand colleague subsequently

established Benbow Anderson & Co., (a firm of Chartered Accountants) which provided both accounting and

additional services. Several years later Benbow Anderson & Co. was acquired by Deloitte Touche (an international

accounting firm) at which point he became a Director of both Deloitte Touche and its sister partnership, Rawlinson &

Hunter, and specialised in the management of Funds and Trusts. He initiated and oversaw the development of a

subsequent joint venture between Rawlinson & Hunter and Smith & Williamson (RHSW Caribbean Limited or

‘RHSW’) which has become well known for its restructuring and liquidation expertise.

He was awarded a BSc (Econ) Hons from Queen’s University, Belfast, and qualified as a Chartered Accountant with

the Institute of Ireland. He is a past President of the Cayman Islands Society of Professional Accountants.

Registered as a Professional Director with the Cayman Islands Monetary Authority (CIMA).


45

Ebony Myles-Berry (Cayman)Board Director: Various Prestige Funds (Cayman)


Ebony is an independent Director of each of the Prestige Cayman-domiciled funds and has experience in all

aspects of the operation of offshore investment funds including regulation, compliance, audit and administration,

ensuring added value to the corporate governance of an investment fund. She is employed by International

Management Services Limited (“IMS”) and serves as a Director on the boards of alternative investment funds and

special purpose vehicles.

Prior to joining IMS she was a Vice President at Maples Fiduciary Services (Cayman) Limited where she served as

a Director for several years on a wide range of investment funds including multi-manager funds, hedge funds,

private equity funds and segregated portfolio companies. In addition to providing director services, she also

specialised in providing fiduciary services to unit trusts. Prior to that she worked at Walkers SPV Limited as a

Business Analyst and at the Cayman Islands Monetary Authority (CIMA) as a Treasury Analyst.

She has a Bachelor of Business Administration in International Business and Finance from Florida International

University and a Certificate in Executive MBA studies from the University of Toronto. She also earned a Diploma in

Fund Administration (Merit) from the University of Manchester. She is a member of the Cayman Islands Directors

Association and an Accredited Director of the Chartered Secretaries of Canada. She is also a Notary Public of the

Cayman Islands.


46

Raffaele Riva (Switzerland)Board Director: Prestige Fund Management / Prestige Asset Distribution


Raffaele is a Director of Prestige Fund Management Limited and Prestige Asset Distribution Limited. He is a

resident of Switzerland and has over 20 years experience in the delivery of business advisory and consultancy

services in the fields of international finance, tax management and trusts. His client base includes companies,

corporate leaders and individuals. He has expertise in financial and tax consulting for foreign investment plans and

businesses, reorganisation and restructuring projects and family businesses.

His private firm, Aurea Consulenti Associati SA, is located in Lugano, Switzerland and maintains its boutique

character. He started his career in Italy in one of the ‘Big-Four’ independent international public accountant firms,

working from 1987 to 1992, where he trained and qualified as a Chartered Accountant in 1989. From 1992 to 1996

he held positions as Senior Executive and Senior Manager with a merchant bank group and he served on the

boards of many group companies mainly in Europe and South America.

He is an Economics graduate of the Catholic University of Milan and also attended various finance and tax courses

including two postgraduate Masters courses in international taxation. He is member of the Registry of Company

Auditors and the National Association of CFO in Italy and the Registry of Professional Trustees in Switzerland.

Registered with the Cayman Islands Monetary Authority (CIMA).


47

Michael Romanek (United Kingdom)Board Director (Non-Executive): Prestige Asset Management


Michael is a Non-Executive Officer of Prestige Asset Management Limited and a Board Advisor to Prestige. He is

also the founder of a UK-based specialist investment boutique, Rise Partners, focusing on financing and structured

products which has provided retained services to international fund management groups. Prior to that he was

Executive Director of a boutique advisory group, and Director of Alternative Investments for Fortis Bank’s Merchant

Banking Division where his role spanned multiple business lines of the division, providing services to the alternative

investment funds sector.

Prior to this role, within Fortis he was Director of Business Development-Europe of Prime Fund Solutions. In this

role he split his time between Europe and Asia-Pacific. Prior to joining Fortis he was Head of European Operations

for a listed derivatives trading platform firm, YesTrader, and a consultant to and Business Development Manager for

Group Deutsche Börse, where his responsibilities included the expansion of both their Eurex and Xetra platforms.

He began his career in the early 1990s as a derivatives trader on the Chicago Mercantile Exchange followed by the

London International Financial Futures and Options Exchange (now NYSE LIFFE).

A FCA Directory Person for UK Financial Conduct Authority (FCA) purposes

Prestige PeopleBoard Director (United Kingdom)

48

Jonathan Scott (United States of America)Board Advisor: Analyst and Project Manager, Prestige Fund Management and Prestige Capital

Management


He has a career in financial services spanning over 19 years, split between the United Kingdom and the United

States of America with international banking groups Credit Suisse, Barclays Capital, BNP Paribas and JP Morgan

Chase.

He studied at Texas A&M University, a senior military college, where he was awarded a Bachelor of Business

Administration in Finance with a Certificate in International Business and spent four years with the US Air Force

Reserve Officer Training Corps.

Prestige PeopleBoard Advisor (International)

49

Iain Fulton (United Kingdom)Board Advisor: Head of International Project Management

Prestige International Marketing Services, Prestige Asset Distribution, Prestige Fund

Management and Prestige Capital Management


Iain is the Head of International Project Management of Prestige Capital Management Limited and affiliated

companies. He was formerly the Chief Operating Officer of Prestige Capital Management Limited.

He previously worked for Investcorp Bank in Bahrain, before moving to Merrill Lynch and then to Wellington

Management International, both in London. He then moved to London based Otkritie Securities Limited, a Russian-

owned firm of stockbrokers, before joining London based Sberbank CIB (UK), Russia’s largest bank which was

formerly known as Troika Dialog.

His background includes asset management; sales and trading; operations, finance and management within asset

management and fund structures; and extensive corporate governance, risk planning and management of capital

adequacy.

He has a BA in Business from the University of Strathclyde and is a UK qualified accountant (FCCA).

Prestige PeopleBoard Director / Advisor (UK)

50

Tryphonas Stavrou (United Kingdom)Board Advisor: Prestige Funds

Board Director: Prestige SPVs


Triph is a board advisor to Prestige and is a director of various Special Purpose Vehicles controlled by Prestige. He

also serves as a Director of Stavrou & Company, a London based specialist tax and financial accounting business.

He has over 20 years' accounting and finance experience at various companies. His accountancy and finance

background is varied, from practicing at London based, firm G. N. Papas & Co. to operating his own accounting /

taxation consultancy business for several years.

Since 2006, he has also been providing specialist accounting and finance services to Fiske PLC a London based,

FCA regulated private client stockbroker. He previously acted as a Director at Tradecompanion Holdings plc

between 2007 to 2008. From 1999-2005 he was Finance Officer at Titan Capital Management Limited, a London

based FCA regulated hedge fund, responsible for all accounting and regulatory financial matters.

He has been awarded graduate and post-graduate diplomas in Accounting from North London University and is a

Certified Public Accountant.


51

Christopher Hume (United Kingdom)Board Advisor: Compliance Officer and Money Laundering Reporting Officer

Prestige Asset Management


Christopher is the Compliance Officer and money laundering reporting officer of Prestige Asset Management

Limited.

He has over 20 years’ compliance experience gained mainly at Lazard Brothers, London, assisting the Group

Compliance Director. More recently he has been a consultant providing compliance services, including monitoring,

to small regulated firms of asset managers, venture capitalists and corporate financiers. He specialises in money

laundering awareness training and regularly provides training to small regulated firms.

He is a qualified Chartered Certified Accountant (FCCA) who changed career in 1993 to specialise in Compliance.

Approved in the UK by the Financial Conduct Authority (FCA)to perform a Senior Management Function.


52

Marina Lisova (Ukraine)Chief Financial Officer: Prestige Capital Management


Marina is Head of Finance with Prestige Capital Management, and joined from Ernst & Young where she was Audit

Manager and specialised in consumer goods, industrial products, transportation, leisure and hospitality. She

worked in the Audit department of Ernst & Young in Malta for nearly six years, and previously worked for Deloitte in

Kiev, latterly as their Senior Auditor.

As well as being fluent in English, her mother tongue is Ukrainian-Russian. She graduated from the Kiev National

Economic University with a Master’s degree in International Economics and is FCCA-qualified, having held ACCA

membership since 2012.

Authorised by the Malta Financial Services Authority (MFSA).


53

Graham May (United Kingdom)Company Secretary / Board Advisor


Graham serves as the Company Secretary of Privilege Holdings Limited, Privilege Asset Finance Limited and

Privilege Project Finance Limited as well as various subsidiaries and special purpose vehicles and is also a Prestige

Board Advisor. He acts as internal legal counsel for Prestige Funds. He is a qualified lawyer, conversant in all areas

of law, but with particular emphasis on hedge funds and alternative investments. He has over 25 years of

experience in the alternative investments business, including international experience as a practicing attorney in the

Cayman Islands, where he advised on banking, insurance, trusts and mutual funds.

From 1989 he was based in the UK as a lawyer and manager for Gaiacorp, the currency hedge fund, and

subsequently from 1994 as Managing Director of its London subsidiary, Titan Capital Management, where he

played a key role in developing the firm’s global business, including creating and managing global investment

management, fund administration and independent financial advisor networks. He then helped to coordinate its sale

in 2002. He has worked extensively as a consultant in the City of London, including with Mottram Partners and

Millers Associates, and is currently director of the hedge fund consultancy, Hawksmoor Partners. He is a practicing

consultant solicitor with Charterhouse Law and has an MA in Law from Cambridge University.

Prestige PeopleBoard Advisor (United Kingdom)

54

Rassul Azizi (United Kingdom)Board Advisor: Credit Oversight Manager - Prestige Funds


Rassul is the Credit Oversight Manager for Prestige Asset Management, Prestige Capital Management and

Prestige Fund management, and his career in financial services spans 14 years. He joined from EFG Private Bank

where he was the Senior Credit Manager. Prior to that he was with Credit Suisse UK, Access Bank, Barclays and

Barclays Wealth Management International.

He graduated from the London Guildhall University with a BA (Hons) in Banking and Finance.

Prestige PeopleBoard Advisor (International - Investment Analyst)

55

Trevor Urison (South Africa)Board Advisor: Research - Qualitative Investment Strategies

Prestige Capital Management


Trevor obtained a Bachelor of Accounting Degree from the University of Witwatersrand, South Africa and has vast

experience in the fields of auditing, accounting and operational due diligence. He has been the Head of Operational

Due Diligence for a large fund of hedge funds, a position that he held for 12 years, Head of Due Diligence and

Accounting for a real estate investment company and Financial Director of a division of a subsidiary of a large group

of companies quoted on the South African Stock Exchange.


56

Dario Inclimona (Italy)Research: Prestige Capital Management

Board Advisor: Prestige


Dario has a career in financial services spanning more than ten years, having worked for Momentum Pensions,

Deloitte, PricewaterhouseCoopers and Credito Valtellinese. He was a Foreign Affairs Intern at the Italian Consulate

in Rio de Janeiro after completing his Master’s Degree in Business Administration (Distinction) in Rome and his

Bachelor’s Degree in Finance (First) in Milan. Part of his studies were undertaken at the Nanyang Business School

of Singapore, where he studied for two semesters.

He has been a member of ICAEW, the Institute of Chartered Accounts in England and Wales and passed all

accountancy, finance and business modules of the Association of Chartered Accountants (ACA). He is now

pursuing the Chartered Financial Analyst qualification and he speaks Italian, English, Spanish and Portuguese

fluently.


57


Sharon Carlson (United States of America)Board Advisor: Research - Qualitative Investment Strategies

Prestige Fund Management


Sharon serves as a qualitative research analyst for Prestige Fund Management Limited and serves as an advisor to

the Board.

She started her career as an Analyst for Hewitt Associates (Chicago) and, following that, was a corporate

healthcare consultant with Deloitte (Chicago) between 1999 and 2002. She has also worked extensively in the non-

profit sector as a Project Co-ordinator for the Stupski Foundation in San Francisco as well as Finance Manager for

the American Refugee Committee in Darfur, Sudan.

She holds a BA from Northwestern University (Economics and German Studies) and an MPhil from Oxford

University (Development Studies). She speaks German fluently and has a working knowledge of French.

58

Prestige PeopleBoard Advisor (United Kingdom)

Stuart Fieldhouse (United Kingdom)Board Advisor: International Marketing

Prestige Asset Management and Prestige Asset Distribution


Stuart is an experienced marketing and communications professional with over 20 years’ experience in the financial

services industry. He has spent over 10 years as an international finance journalist and editor, covering wealth

management, cross-border fund management and investment banking. More recently he worked in communications

and digital marketing roles within the investment banking, fintech and forex trading sectors.

He has written books on trading and offshore funds and continues to advise clients in the asset management,

financial data and commodities trading industries.

59


Brian Clothier (United Kingdom)Director: Prestige International Marketing Services

Board Advisor: International Business Development


Brian is a Director of Prestige International Marketing Services Limited as well as International Advisory Sales

Director for Prestige Asset Distribution Limited (both based in the British Virgin Islands).

He was formerly with Abbey National Financial and Investment Services (a subsidiary of Abbey National plc) as

Regional Manager and Sector Sales Manager in Asia with Scottish Provident International (a life insurance company)

and Scottish Mutual International (a life insurance company). He has an extensive background in international

business development and has held a number of commercial roles in marketing offshore - banking, investment funds,

securities and insurance-related products - with over 20 years in the Offshore Markets of Asia and Middle East.

Formerly a Senior Private Client Manager at Berkeley Burke International (a Hong Kong-based private client financial

services firm) and a Private Client Wealth Manager at Connaught Financial Planning (a Hong Kong-based private

client financial services firm). Formerly Managing Director at Firstlink Financial Services (a UK-based private client

financial services firm) and a partner at Rothgrove Financial Services (a UK-based private client financial services

firm). Also formerly a Sales Consultant at Marlowe-Sachs (a UK-based private client financial services firm).

60

Nicholas Wride (United Kingdom)Board Advisor: International Business Development

Prestige Asset Management and Prestige Asset Distribution


Nicholas serves as a Board Advisor to Prestige and has over 30 years of capital markets experience focusing on

foreign exchange, fixed income and hedge funds.

Previously a Director of Currency Trading at Seymour Pierce Limited (a London-based FCA-regulated currency

fund manager and corporate finance house). Previously Head of European Prime Brokerage, Global Markets at

Royal Bank of Scotland Group based in London. Previously Head of Business Development and Proprietary FX

Trading at Bache Financial Limited (a London-based FCA-regulated Brokerage Firm). Previously Head of

Institutional Sales UK and Europe at Australia and New Zealand Bank (ANZ) based in London. Previously

Associate Director and Head of FX Sales London/Singapore/Hong Kong at Dresdner Kleinwort Benson Limited

based in London. Previously Director and Head of FX at Geldermann Limited (a London-based FCA-regulated

Brokerage Firm). Previously Associate Director and Head of FX at Banque Indo Suez (an international investment

bank).

A certified individual for UK Financial Conduct Authority (FCA) purposes.


61

Tim Footer (United Kingdom)Board Advisor: International Business Development - Asia

Prestige Asset Distribution and Prestige International Marketing Services


Tim is Regional Sales Director for Asia for Prestige Asset Distribution Limited and Prestige International Marketing

Services Limited.

He has worked in Financial Services for over 20 years covering the Asia Pacific region since 2009. He was

formerly with Thomas Lloyd, an Investment Bank and Investment Management Group based in Zurich which was

primarily focused on green energy and clean technology. He was previously a Sales Manager with DIS (an

international independent investment fund distributor), before which he was a Consultant with Asia Pac Limited (a

Hong Kong-based private client financial services firm).

He has been resident in Asia for over 20 years and has extensive experience in a variety of financial services

related firms.


62

David Head (United Kingdom)Board Director: Privilege and Nucleus

Board Advisor: Research - Finance / Lending Strategies

Prestige Capital Management and Prestige Fund Management


David is a Director of Privilege Holdings Limited (formerly Eastern Counties Finance Limited) and Nucleus

Commercial Finance Limited and serves as a board advisor to Prestige Fund Management Limited - focusing on

asset-based lending, leasing and finance solutions. He also advises on the company’s proprietary investments, as

well as researching new investment opportunities.

He brings a wealth of experience in commercial asset-based lending and finance activity, having worked for

Barclays Bank plc from 1974-2001, where his last role involved acting as a Corporate Manager responsible for a

mixed portfolio of 150 small and medium-sized enterprise clients with a bias towards property

development/investment and franchised motor dealers. From 2001-2010 he was employed by Allied Irish Bank

where he built from scratch over 5 years a GBP 160m loan book which had minimum defaults and focused on

charitable, healthcare and education sectors, unlike most other British teams which were heavily exposed to the

property sector.

From 2010-2013 he was persuaded to rejoin Barclays where he acted as a Relationship Director with a portfolio of

over 40 corporate clients (sales turnover GBP 5-50m) biased towards professional service sectors. He brings a

particular set of professional skills including credit analysis, credit negotiation, business risk analysis, market risk

analysis and operational risk analysis as well as previous experience at British Insurance Association, London.

NOTE: ‘Nucleus’ refers collectively to Nucleus Holdings Limited and Nucleus Commercial Finance Limited.

‘Privilege’ refers collectively to Privilege Holdings Limited, Privilege Asset Finance Limited and Privilege Project Finance Limited.

Prestige People / CompaniesBoard Director

63

Philip Gerrard (United Kingdom)Board Director: Chief Executive Officer

Privilege Finance

Associated with Privilege since 2015

Philip serves as the Chief Executive Officer of Privilege Holdings Limited and its various operating subsidiaries

including Privilege Asset Finance Limited and Privilege Project Finance Limited.

Prior to joining the board of Privilege Holdings Limited, he was Head of Grant Thornton European Financial Leasing

Advisory Services. Formerly Interim C.E.O. at European Leasing Financial Services. Formerly Managing Director at

Elmfield U.K. Limited, a private Healthcare business. Formerly Operations Director at Royal Bank of Scotland

Financial Automotive Division Services. Formerly Interim Director at NatWest and Lombard Financial Services.

Formerly Retail Managing Director, Retail Leisure Director, Commercial Director at Yates’ Wine Lodges plc. Formerly

General Manager, Regional Sales Director, Regional Sales Manager, National Purchasing and Pricing Manager at

Lex Vehicle Leasing Financial Services. Formerly Production Manager at H.J. Heinz Co. Formerly Production

Manager at Nabisco Brands Inc.

He attended Manchester University and was awarded a B.A. (Hons) in Economics and Economic History.

Approved in the UK by the Financial Conduct Authority (FCA).


64

Andrew Vernau (United Kingdom)Board Advisor: Accounting & Finance

Privilege Finance


Andrew heads the Finance function at Privilege which refers collectively to Privilege Holdings Limited, Privilege

Asset Finance Limited and Privilege Project Finance Limited. He previously spent 12 years working for the

Cambridge Building Society, latterly as Financial Controller and then as Finance Manager, Change.

He is a member of the Association of Chartered Management Accountants (CMA) and a member of the

Association of Accounting Technicians (AAT).


65

Chris Winward (United Kingdom)Board Advisor: Business Development

Privilege


Chris is the Board Advisor for Business Development for Privilege which refers collectively to Privilege Holdings

Limited, Privilege Asset Finance Limited and Privilege Project Finance Limited. He previously worked for both

WMware and Symantec UK Limited as Global Technical Account Director, Technical Account Manager for EMC

Computer Systems and Technical Consultant for Aviva (formerly known as Norwich Union).

NOTE: ‘Privilege’ refers collectively to Privilege Holdings Limited, Privilege Asset Finance Limited and Privilege Project Finance Limited.

Prestige People / CompaniesBoard Advisor

66

Chirag Shah (India)Board Director: Chief Executive Officer / Co-Founder

Nucleus Commercial Finance

Associated with Nucleus since 2011

Chirag is a founding partner of Nucleus Holdings Limited and its various operating subsidiaries including Nucleus

Commercial Finance.

Prior to establishing Nucleus, he was Portfolio Manager at Acheron Capital Limited, a London-based asset

manager focusing on acquisitions in the life insurance space. He was responsible for sourcing, due diligence,

monitoring and liquidation of distressed investments in ABL deals, ABL hedge funds and life settlements.

Previously, he was a member of the Investment Committee and a Portfolio Manager at a London-based investment

management group with USD 1.8 billion AUM. In this role he structured and managed USD 600million of assets

invested in ABL transactions. He has also worked as a trader and structurer at Wachovia Securities in London

where he was involved in structuring and risk managing synthetic CDOs, CPPIs and CPDOs. He interned at Merrill

Lynch in New York on the credit proprietary trading desk.

He holds a Masters in Computational Finance from Carnegie Mellon University, Pittsburgh and a Bachelor of

Engineering in Information Technology from the University of Mumbai.


67

Mark Goldman (United States of America)Managing Director:

Nucleus Commercial Finance

Associated with Nucleus since 2012

Mark joined Nucleus as a Director in 2012 after a career spanning over 30 years in global fixed income markets. In

2005, he joined Mitsubishi UFJ Securities International in London as Managing Director and Head of Fixed Income.

He created the Strategic Trading Group, which focused on short and long-term proprietary trading as well as the

Quantitative Analysis Group and introduced a new risk and settlement system for the Fixed Income group.

Previously a Managing Director for BNP Paribas and a member of the European Executive Committee and, prior to

BNP, he spent six years at Nomura International, where he was again a member of the European Executive

Committee responsible for European Fixed Income Sales. He was instrumental in capital-raising for Nomura’s direct

European investments through structured vehicles. His career commenced in New York in 1981 in Merrill Lynch’s

International Fixed Income Department. After five years in New York, he transferred to Europe to run the German

Fixed Income Sales business in Frankfurt, where he was responsible for building Merrill’s sales, trading and

origination effort. In 1992, he moved to London as the Head of European Fixed Income Sales and became a

member of Merrill’s European Executive Committee.

He has a Bachelor of Arts degree in History and German from Harpur College, SUNY Binghamton, a Master’s in

Comparative Literature from SUNY Binghamton and a Master’s in International Business Management from

Thunderbird, the American Graduate School of International Business in Glendale, Arizona.


68

Prestige

▪ Funds

69

Consistent Returns

Alternative lending and private debt have historically produced

consistent returns.

Low Volatility

Alternative lending and private debt create constant cashflow

payments and are typically characterised by low volatility.

Uncorrelated

The performance of alternative lending and private debt have typically

been uncorrelated to the traditional capital markets providing a unique

diversifying asset class to modern investment portfolios.

Diversification

Prestige Funds via specialist companies operates several regulated /

listed credit funds which have diversified investment portfolios

consisting of hundreds of loans with a high level of diversification by

loan type, duration and risk.

Prestige FundsWhy Private Debt & Alternative Lending Strategies?

70

Developing Lending MarketRegulatory reform of the banking sector remains favourable to the further

growth of private debt, with the impact of Basel III and Basel IV, as well as

the US Federal Reserve Leverage Guidelines to offer a further boost. This

has created a financing gap that private credit providers have been filling.

Banks Retreating SME Lending Across EuropeBanks prefer to deal with larger borrowers because it is onerous for them to

maintain internal compliance for large numbers of

SME borrowers. It is no longer cost effective for collateral management to

have many small business borrowers.

Prestige FundsWhy Private Debt & Alternative Lending Strategies?

71

Prestige FundsInvestment Focus & Opportunities

ALTERNATIVE FIXED INCOME OPPORTUNITIES

Commercial Finance Opportunities▪ EU SICAV - Full AIFM status / Euronext Dublin Listed (Open Ended)

▪ Asset Based - Direct Lending

▪ Invoice / Cashflow - Finance

Prestige Alternative Finance▪ Open Ended Investment Company (OEIC)

▪ Asset-Based - Direct Lending

▪ Asset - Project Finance

Prime Alternative Finance▪ EU SICAV - Full AIFM status (Open Ended)

▪ Asset-Based - Direct Lending

▪ Asset - Project Finance

Multi Finance Opportunities▪ EU SICAV - Full AIFM status (Open Ended)

▪ Asset Based - Direct Lending - Trade Finance - Invoice Finance

▪ Fund of Funds

72

Prestige FundsCommercial Finance Opportunities

STRATEGY

▪ Specialises in secured lending to private companies

▪ Diversified investment portfolio of loans secured against short-term ‘accounts receivable’

▪ Investment portfolio operates with low average individual factored invoice value (circa GBP10,000)

which lowers portfolio risk profile further

▪ Investment portfolio is diversified across +1,000 individual companies which owe money

▪ Transactions are typically secured on assets (outstanding invoices of underlying customers)

▪ 8 year audited operating history

BENEFITS

▪ Consistent absolute returns in most market conditions

▪ Provides investors with an inflation hedge

▪ Low Volatility and Correlation to Equities

▪ Capital Preservation

▪ Open Ended

▪ Luxembourg (EU) SICAV / AIFM compliant / Euronext Dublin - Listed structure

NOTE: Past performance is not a guide to future performance and investments can go down as well as up. All figures are approximate and subject to change

without notice. SOURCE: Prestige Capital Management Limited. As at 11/2019

Asset Based - Direct LendingInvoice / Cashflow - Finance

73

Prestige FundsPrestige Alternative Finance

STRATEGY

▪ Diversified investment loan portfolio

▪ Specialises in secured lending to private companies

▪ Customer base is typically rural, agricultural, food and farming

▪ Transactions are typically secured on real assets (land and buildings and also invoices,

shares and debentures over company bank accounts)

▪ Average loan is approximately 0.1% of Fund NAV

▪ Average loan duration is approximately 36 months

▪ 10 year audited operating history

BENEFITS





▪ Open Ended



Asset Based - Direct LendingAsset / Project - Finance

74

Prestige FundsPrime Alternative Finance

STRATEGY

▪ Diversified investment loan portfolio

▪ Focus on secured agricultural, commercial and industrial agreements only in the UK

▪ Customer base is typically rural, agricultural, food and farming

▪ Transactions are typically secured on real assets (land and buildings and also invoices,

shares and debentures over company bank accounts)

BENEFITS





▪ Open Ended

▪ Luxembourg (EU) SICAV / AIFM compliant / Euronext Dublin - Listed structure (Q4/2019)



Asset Based - Direct LendingAsset / Project - Finance

75

Prestige FundsMulti Finance Opportunities

STRATEGY

▪ Diversified strategies with a focus on Private Debt and High Yield Credit

▪ Diversified across managers, locations and sectors

▪ Consistent non-market based risk-adjusted returns

▪ Focus on traditional long established business sectors which have historically operated with

low default levels

BENEFITS



▪ Strong Portfolio sector and geographic diversification


▪ Open Ended

▪ Malta (EU) SICAV / AIFM compliant structure



Fund of Funds / CreditInvestment Finance / Factoring / Leasing / Invoice

76

Prestige FundsMarket Correlations

NOTE: Past performance is no guide to future results and investments can go down as well as up. All figures are approximate and subject to change without

notice. Dates listed above refer to launch date of Prestige Fund, or Underlying Investment Advisor/s and / or pro forma track record. Please see the respective

fund Information Memorandum for full details. SOURCE: Prestige Capital Management Limited. As at 11/2019

77

MSCI

World

Index

USD

0.97 -0.12 0.08 -0.08 -0.21

S&P

500

Index

USD

0.97 -0.12 0.08 -0.11 -0.19

Prime

Alternative

Finance

USD

-0.12 -0.12 0.20 0.62 -0.14

Multi

Finance

Opportunities

USD

0.08 0.08 0.20 0.40 -0.39

Prestige

Alternative

Finance

USD

-0.08 -0.11 0.62 0.40 -0.31

Commercial

Finance

Opportunities

USD

-0.21 -0.19 -0.14 -0.39 -0.31

Prestige

Alternative

Finance

USD

Commercial

Finance

Opportunities

USD

CORRELATION

01/2014 - 11/2019

MSCI

World

Index

USD

S&P

500

Index

USD

Prime

Alternative

Finance

USD

Multi

Finance

Opportunities

USD

Prestige FundsRisk Vs Reward

NOTE: Past performance is no guide to future results and investments can go down as well as up. All figures are approximate and subject to change without

notice. Dates listed above refer to launch date of Prestige Fund, or Underlying Investment Advisor/s and / or pro forma track record. Please see the respective

fund Information Memorandum for full details. SOURCE: Prestige Capital Management Limited. As at 11/2019

Prestige Funds - Return vs. Risk Comparison

78

MSCIWorldIndex

11/2011 - 11/2019Prestige Alternative Finance

04/2009 - 11/2019

S&P500Index

11/2011 - 11/2019

Multi FinanceOpportunties

12/2018 - 11/2019

Prime Alternative Finance

12/2018 - 11/2019

Commercial Finance Opportunities

11/2013 - 11/2019

0%

2%

4%

6%

8%

10%

12%

14%

0% 2% 4% 6% 8% 10% 12%

An

nu

alis

ed

Re

turn

s %

Annualised Volatility %

Key Informationhttps://www.prestigefunds.marketing/wp-content/uploads/Prestige-Funds-Key-Information.pdf

Prestige FundsInternational Fund Reference Codes

LUXEMBOURG FUND CURRENCYISIN

code

SEDOL

code

BLOOMBERG

code

VALOR

code

MORNING STAR

code

CUSIP

code

MEXID

code

CSSF

codeCITICODE

INCORPORATION

codeGIIN FATCA ID

LEI

code

CFO Participating Shares - Class B USD LU0960650512 BCRYBR2 COMFOUS LX 22043791 F00000QIAU L8176P 102 0AAAUG VISA 2013/92511-7203-0-PC MX4F 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO Participating Shares - Class A EUR LU0960650439 BCRYBQ1 COMFOEU LX 22043761 F00000QHSO L8176P 110 0AAAUH VISA 2013/92511-7203-0-PC MX4D 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO Participating Shares - Class C GBP LU0960650603 BCRYBS3 COMFOBP LX 22043792 F00000QIAV L8176P 128 0AAAUI VISA 2013/92511-7203-0-PC MX4E 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO Participating Shares - Class D CHF LU0960650785 BCRYBT4 COMFOCH LX 22043799 F00000QICS L8176P 136 0AAAUJ VISA 2013/92511-7203-0-PC MX4G 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO Participating Shares - Class E SEK LU0960650868 BCRYBV6 COMFOSK LX 22043801 F00000QICR L8176P 169 0AAAUK VISA 2013/92511-7203-0-PC MX4H 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO I-Class Shares - Class IB USD LU1350417850 BZ4BY34 COMFOIB LX 30561374 F00000X15Z L8176P 201 0AYXF VISA 2013/92511-7203-0-PC N6QR 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO I-Class Shares - Class IA EUR LU1350417777 BZ4BY23 COMFOIA LX 30561373 F00000X15Y L8176P 300 0AYXB VISA 2013/92511-7203-0-PC N6QS 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO I-Class Shares - Class IC GBP LU1350417934 BZ4BY45 COMFOIC LX 30561375 F00000X160 L8176P 409 0AYXC VISA 2013/92511-7203-0-PC N6QT 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO I-Class Shares - Class ID CHF LU1350418072 BZ4BY56 COMFOID LX 30562680 F00000X161 L8176P 508 0AYXD VISA 2013/92511-7203-0-PC N6QU 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO I-Class Shares - Class IE SEK LU1350418239 BZ4BY67 COMFOIE LX 30562681 F00000X162 L8176P 607 0AYXE VISA 2013/92511-7203-0-PC N6QV 07203 F2QF0Z.99999.SL.442 F2QF0Z 549300OLZORW0Y7EZB56

CFO D-Shares - Class D USD LU1808945783

CFO ID-Shares - Class ID USD LU1974409705

SECURED GROWTH FINANCE (SICAV-SIF) - COMMERCIAL FINANCE OPPORTUNITIES FUND

79


CAYMAN FUND CURRENCYISIN

code

SEDOL

code

BLOOMBERG

code

VALOR

code

MORNING STAR

code

CUSIP

code

MEXID

code

CIMA

codeCITICODE

INCORPORATION

codeGIIN FATCA ID

MAS

code

LEI

code

PALTF Participating Shares USD KYG722711028 B3KM0W8 PRAFINU KY 4921586 481945 G72271 102 OGPRAL 16040 EEC5 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating Shares EUR KYG722711101 B3KM0Z1 PRAFINE KY 4921601 481942 G72271 110 OGPRAT 16040 EEC6 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating Shares GBP KYG722711283 B3KM114 PRAFING KY 4921605 481946 G72271 128 OGSPA 16040 EEC7 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating Shares CHF KYG722711366 B66P2J3 PRAFINC KY 12937976 837018 G72271 136 OGALFI 16040 0AL0 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating Shares SEK KYG722711440 B67NW63 PRAFINS KY 12937999 837019 G72271 144 OGALTF 16040 0AL1 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating Shares JPY KYG722713180 BG07CN9 PREAFPJ KY F0000104BZ G72271 318 OGFFA 16040 P2IU SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating I-Shares USD KYG722711853 BK0S263 PRAFISU KY 23792898 F00000T7LR G72271 185 OGAABW 16040 N6QX SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating I-Shares EUR KYG722711937 BK0S252 PRAFISE KY 23793540 F00000T7LS G72271 193 OGAABX 16040 N6QY SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating I-Shares GBP KYG722711770 BK00FP9 PRAFISS KY 23793583 F00000T7LT G72271 177 OGAABY 16040 N6QZ SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating I-Shares CHF KYG722712018 BK0S274 PRAFISF KY 23793744 F00000T7LU G72271 201 OGAABZ 16040 N6RA SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating I-Shares SEK KYG722712190 BK0S285 PRAFISK KY 23793811 F00000T7LV G72271 219 OGAACA 16040 N6RB SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating I-Shares JPY KYG722713263 BG07CP1 PREAFIJ KY F0000104C0 G72271 326 OGFFF 16040 P2IV SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating ID-Shares USD KYG722712844 BDGRV79 PRAFIDU KY CH 30169859 F00000XMUO G72271 284 16040 OQ2R SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating IDS-Shares USD KYG722713008 BDR6V42 PRAFIDS KY CH 34577290 F00000Y7ZH G72271 300 16040 OQ2S SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating AD-Shares USD KYG722713834 BG07CQ2 F0000104C3 G72271 383 OGFFB 16040 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating AD-Shares EUR KYG722713750 BG07CR3 F0000104C2 G72271 375 OGFFC 16040 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating AD-Shares GBP KYG722713677 BG07CS4 F0000104C1 G72271 367 OGFFD 16040 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PALTF Participating AD-Shares JPY KYG722713917 BG07CT5 F0000104C4 G72271 391 OGFFE 16040 SH-220502 EAGA1Z.99999.SL.136 EAGA1Z 103OZPE2978 21380098U356PUQFYE72

PRESTIGE ALTERNATIVE FINANCE FUND LIMITED

80



LUXEMBOURG FUND CURRENCYISIN

code

SEDOL

code

BLOOMBERG

code

VALOR

code

MORNING STAR

code

CUSIP

code

MEXID

code

CSSF

codeCITICODE

INCORPORATION

codeGIIN FATCA ID

LEI

code

PRALTF Participating Shares - Class B USD LU1781276248 BG0GN11 EFOPAFA LX 41859791 F000010KWS L3236P 119 PRKOOL VISA 2018/113408-11707-0-PC P0EF 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF Participating Shares - Class A EUR LU1781276164 BG0GN00 EFOPAFB LX 41859782 F000010KWT L3236P 101 PRLOOK VISA 2018/113408-11707-0-PC P0EG 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF Participating Shares - Class C GBP LU1781276321 BG0GN22 EFOPAFC LX 41859797 F000010KWU L3236P 127 PROOKL VISA 2018/113408-11707-0-PC P0EH 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF Participating Shares - Class D CHF LU1781276594 BG0GN33 EFOPAFD LX 41859803 F000010KWV L3236P 135 PROOLK VISA 2018/113408-11707-0-PC P0EI 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF Participating Shares - Class E SEK LU1781276677 BG0GN44 EFOPAFE LX 41859806 F000010KWW L3236P 143 PRMOOL VISA 2018/113408-11707-0-PC P0EJ 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF D-Shares - Class G USD LU1781276834 BG0GN66 EFOPFFD LX 41999089 F000010KWD L3236P 168 PROOLM VISA 2018/113408-11707-0-PC P0EK 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF D-Shares - Class F EUR LU1781276750 BG0GN55 EFOPAGD LX 41999092 F000010KWE L3236P 150 PRLOOM VISA 2018/113408-11707-0-PC P0EL 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF D-Shares - Class H GBP LU1781276917 BG0GN77 EFOPAHD LX 41999133 F000010KWF L3236P 176 PROOML VISA 2018/113408-11707-0-PC P0EM 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF D-Shares - Class I CHF LU1781277055 BG0GN88 EFOPAID LX 41999135 F000010KWG L3236P 184 PRSOUL VISA 2018/113408-11707-0-PC P0EN 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF D-Shares - Class J SEK LU1781277139 BG0GN99 EFOPAJD LX 41999136 F000010KWH L3236P 192 PRSOLU VISA 2018/113408-11707-0-PC P0EO 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF I-Shares - Class L USD LU1781277303 BG0GNC2 EFOPAKI LX 41999140 F000010KWI L3236P 218 PRSLUO VISA 2018/113408-11707-0-PC P0EP 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF I-Shares - Class K EUR LU1781277212 BG0GNB1 EFOPALI LX 41999143 F000010KWJ L3236P 200 PRSULO VISA 2018/113408-11707-0-PC P0EQ 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF I-Shares - Class M GBP LU1781277485 BG0GND3 EFOPAMI LX 41859808 F000010KWK L3236P 226 PRFOOL VISA 2018/113408-11707-0-PC P0ER 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF I-Shares - Class N CHF LU1781277568 BG0GNF5 EFOPANI LX 41859814 F000010KWL L3236P 234 PRLOOF VISA 2018/113408-11707-0-PC P0ET 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF I-Shares - Class O SEK LU1781277642 BG0GNG6 EFOPAOI LX 41859821 F000010KWM L3236P 242 PROOFL VISA 2018/113408-11707-0-PC P0EU 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF ID-Shares - Class Q USD LU1781277998 BG0GNJ9 EFOPPID LX 41999155 F000010KWN L3236P 267 PRAOOL VISA 2018/113408-11707-0-PC P0EV 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF ID-Shares - Class P EUR LU1781277725 BG0GNH7 EFOPQID LX 41999160 F000010KWO L3236P 259 PROOLF VISA 2018/113408-11707-0-PC P0EW 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF ID-Shares - Class R GBP LU1781278020 BG0GNK0 EFOPRID LX 41859823 F000010KWP L3236P 275 PRLOOA VISA 2018/113408-11707-0-PC P0EX 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF ID-Shares - Class S CHF LU1781278293 BG0GNL1 EFOPSID LX 41859842 F000010KWQ L3236P 283 PROOLA VISA 2018/113408-11707-0-PC P0EY 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

PRALTF ID-Shares - Class T SEK LU1781278376 BG0GNM2 EFOPTID LX 41859845 F000010KWR L3236P 291 PROOAL VISA 2018/113408-11707-0-PC P0EZ 11707 CKI8HL.99999.SL.442 CKI8HL 5493005NNWNHWNCFZV09

EUROPEAN FINANCE OPPORTUNITIES SCA SICAV-SIF - PRIME ALTERNATIVE FINANCE FUND

81



MALTA FUND CURRENCYISIN

code

SEDOL

code

BLOOMBERG

code

VALOR

code

MORNING STAR

code

MEXID

code

MFSA

codeCITICODE

INCORPORATION

codeGIIN FATCA ID

LEI

code

MFO - A Class USD MT7000022653 BG0J1V6 PRMFOAU MV 41035574 F000010PFF PRSUMA CIS/180D PLLW SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - A Class EUR MT7000022638 BG0J1X8 PRMFOAE MV 41035566 F000010PFG PRSUMB CIS/180D PLLZ SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - A Class GBP MT7000022646 BG0J1W7 PRMFOAG MV 41035572 F000010PFH PRSUMC CIS/180D PLLY SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - A Class CHF MT7000022661 BG0J1Y9 PRMFOAC MV 41035577 F000010PFI PRSUMD CIS/180D PLM0 SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - A Class SEK MT7000022679 BG0J1Z0 PRMFOAS MV 41035579 F000010PFJ PRSUME CIS/180D PLLX SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - I Class USD MT7000022703 BG0J202 PRMFOIU MV 41035582 F000010PFK PRSUMF CIS/180D PLM1 SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - I Class EUR MT7000022687 BG0J224 PRMFOIE MV 41035585 F000010PFL PRSUMG CIS/180D PLM4 SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - I Class GBP MT7000022695 BG0J213 PRMFOIG MV 41035586 F000010PFM PRSUMH CIS/180D PLM3 SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - I Class CHF MT7000022711 BG0J235 PRMFOIC MV 41035588 F000010PFN PRSUMI CIS/180D PLM5 SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

MFO - I Class SEK MT7000022729 BG0J246 PRMFOIS MV 41035593 F000010PFO PRSUMJ CIS/180D PLM2 SV180 TSGN8T.99999.SL.470 TSGN8T 549300C3DYD4XC1T9U20

PRESTIGE SICAV PLC - MULTI FINANCE OPPORTUNITIES FUND

82


Legal Disclaimer & Risk Warning

NOTE: This document is issued by Prestige Asset Management Limited (PAML) which is authorised and regulated

within the UK by the Financial Conduct Authority (FCA). This document is for information purposes only and must not

be relied upon to make any investments into investments or services managed, marketed or promoted by Prestige,

and is not a solicitation or invitation for investment into any investments or services managed, marketed or promoted

by Prestige, and should not be construed as financial advice. Investors should only rely on the relevant Information /

Offering Memorandum / Supplement that accompanies any investments or services managed, marketed or promoted

by Prestige when considering an investment. This document does not constitute financial advice under the Financial

Services and Markets Act 2000 (UK) (the ‘Act’). Investors should always seek independent professional financial

advice when considering an investment. Any past or simulated performance history shown within this document is

no guide to future results. Investments may go down as well as up. PAML gives no assurances as to the accuracy

of any third party facts, figures or statistics used within this document, unless stated otherwise all data is that of

Prestige. Some of the funds in the document are Unregulated Collective Investment Schemes (UCIS) / Non

Mainstream Pooled Investments (NMPI) and some are also Alternative investment schemes / funds (AIFs) as per the

Alternative Investment Fund Managers Directive (AIFMD) which are classified as higher risk investments and

therefore not suitable for all types of investor. All services mentioned are only intended for distribution to persons

permitted to receive them by Section 238 of the Act and are not available to members of the general public. The

UCIS / NMPI funds are subject to further participation restrictions contained within COBS 4.12 of the FCA handbook;

typically such funds are not subject to UK FCA authorisation and regulation or UK investor protection and

compensation schemes. Furthermore other underlying funds are defined as collective investment schemes as per

article 2(1) of the Investment Services Act (Chapter 370 of the Laws of Malta) and are licensed by the MFSA to carry

out the activities of a collective investment scheme in the form of a Professional Investor Fund targeting respective

eligible investors. It is the responsibility of all individuals to be informed and to observe all applicable laws and

regulations of any relevant jurisdiction and to satisfy themselves that their use of this information and any subsequent

investment in the investments or services managed, marketed or promoted by Prestige is permissible under the

applicable laws, rules and regulations of any applicable government, governmental agency or regulatory organisation

where they reside. If you are uncertain with regards to suitability and eligibility, you should seek independent advice

in this respect.

© 2020 Prestige Asset Management Limited

83

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About Prestige Corporate Overvie · Prestige was established just months before the largest ever global financial crisis which continues to significantly shape many aspects of our