Executive　Director

Toshiya Kuroda Number of Investment Units Held : 0

May,1994	Registered as lawyer in the State of New York, U.S.A.
Aug,1994	Vice President of Los Angeles Branch , The Sakura Bank, Limited
Feb,1999	Senior Manager of Real Estate Consulting Department (Los Angeles) , KPMG LLP
Apr,2001	Senior Vice President , Oaktree Japan Co., Ltd. (currently, Oaktree Japan, GK)
May,2005	Director , KW Investment Co., LTD.
Dec,2006	Senior Vice President , Oaktree Japan Co., Ltd. (currently, Oaktree Japan, GK)
Jan,2009	Executive Director , Japan Rental Housing Investments Inc. (present)
Jan,2011	Managing Director, Oaktree Japan Co., Ltd. (currently, Oaktree Japan, GK) (present)

Robert Zulkoski Number of Investment Units Held : 0

Apr,1983	Vice President of the Real Estate Capital Market Group , Kidder, Peabody & Co.
Apr,1989	Managing Director of the Asia Commercial Real Estate Financing and Service GroupGeneral , Electric Capital Corporation
Nov,1996	Executive Director of Asia Pacific & Europe , Oakwood Asia Pacific
May,1998	Founding Partner and Chief Executive Officer , Colony Capital Asia Pacific
May,2004	Chairman and CEO , Pangaea Capital Management
Oct,2007	Managing Director and Representative of the Asia Real Estate and Special Situations Group ,Oaktree Capital Management
Nov,2007	Director , Asia Cleantech Capital Limited（(present)
Aug,2008	Director (Part-time) , re-plus REIT management inc. (currently, Mi-Casa Asset Management Inc.)
Sep,2008	Director , Annex Power Holdings Pte. Ltd.(present)
Nov,2008	Chairman , Asia Cleantech Capital Pte. Ltd.(present)
Jan,2009	Executive Director , Japan Rental Housing Investments Inc. (present)
Jan,2010	Managing Director, Oaktree Capital Management L.P.
Jan,2010	Director , Zeco Systems Pte. Ltd.(present)
Mar,2011	Chairman & CEO, Laurasia Capital Management Pte. Ltd.(present)

Supervisory Director

Kouhei Yabuta Number of Investment Units Held : 0

Mar,1991	Finalized the Legal Research and Training institute of the Supreme Court of Japan (the 43rd term)
Apr,1991	Bar admission(Daiichi Bar Association)HASHIDATE LAW OFFICE
Apr,1997	Partner layer at HASHIDATE LAW OFFICE (present)
Jan,2006	Supervisory Director , re-plus residential investment inc. (currently, Japan Rental Housing Investments Inc.) (present)

Jun Nagamine Number of Investment Units Held : 0

Sep,1980	Tohmatsu Awoki & Co.
Sep,1983	Tohmatsu Touche Ross Consulting Co., Ltd.
Sep,1987	Registered as a certified public accountant
Sep,1987	Banker Trust Company
Sep,1989	Opened Nagamine Accounting Office
Feb,1990	Registered as a certified public tax accountant
Oct,2001	President and CEO , TPI Limited Co. (present)
Mar,2008	Auditor , GCA Savvian Group corp. (present)
Jan,2009	Supervisory Director , Japan Rental Housing Investments Inc. (present)
Mar,2009	Partner, Nagamine Mishima Accounting Office (present)

Danforth Thomas Number of Investment Units Held : 0

May,1982	CS First Boston
Dec,1986	Vice President, Goldman Sachs
May,1989	Manager, IVEX International K.K.
Feb,1993	President, Cheyenne Software
Oct,1994	President, Chipcom Japan
Mar,1996	Representative Director, International Investment Consultants Ltd. (present)
Jul,2000	Representative Director, Top Layer Networks Japan (present)
Oct,2000	Partner/Co-Founder, Japan Venture Partners, LLC (present)
Nov,2003	Director(Part-time) Fabri-Kal Corporation (present)
Mar,2006	Director(Part-time) , Stryker Japan Holding K.K.
Jun,2006	Representative Director, Belkin Japan
Jun,2007	Representative Director, WISECOM K.K.
Oct,2008	Director(Part-time) , Mirapoint Japan, K.K. (present)
Jan,2009	Supervisory Director , Japan Rental Housing Investments Inc. (present)
Apr,2009	Director(Part-time), WISECOM K.K. (present)
May,2010	Director(Part-time), AMIC Co., Ltd. (present)

Kiyohiko Tsukada Number of Investment Units Held : 0

Apr,1981	Long-Term Credit Bank of Japan
Sep,1999	Norinchukin Bank
Nov,2001	Director of Business Development Department ,GE Capital Leasing Corporation
Jan,2005	Appointed Executive Director & managing director of Business Development Department
Feb,2007	Managing Director , Oaktree Japan Co., Ltd. (currently, Oaktree Japan, GK) (present)
Jan,2009	Supervisory Director , Japan Rental Housing Investments Inc. (present)