| Special limited partner Eli Talmor is a professor of accounting and the founder and chairman of the Coller Institute of Private Equity at London Business School. Dr. Talmor currently serves also on the advisory board of the African Venture Capital Association. He has previously held the positions of professor of finance at the Paul Menage School of Management at the University of California, Irvine and at the Recanati Graduate School of Business of Tel Aviv University and taught finance at the University of Pennsylvania Wharton School; the University of California, Los Angeles; and the University of Wisconsin at Madison. He holds a B.Sc. (Cum Laude) from the Technion - Israel Institute of Technology and a Ph.D. in Business Administration from the University of North Carolina at Chapel Hill. In 1998, Business Week listed Dr. Talmor on the Most Popular Professor roll for the University of California, Irvine. During the years 1992-1994, he served on the nomination committee for the Alfred Nobel Memorial Prize in Economic Sciences by the Royal Swedish Academy of Sciences. He is the recipient of the 1990 European Finance Association Award for the best research article and the 1980 Trefftzs Award for the best doctoral paper in finance. Dr. Talmor has been a frequent provider of expert commentary on high-tech industries, executive compensation and current financial affairs for national network television programs and leading newspapers including the Los Angeles Times, the Jerusalem Post and Globes. His research on corporate finance, investments and executive compensation has been published in leading academic journals including The Journal of Finance, The Journal of Business, Information Systems Research and the International Economic Review. Dr. Talmor has consulted to numerous publicy-traded firms including S&P 500-listed Fluor Corporation (FLR); Leumi Bank (LUMI); Bezeq Communications (BEZQ), Israel's primary telecommunication company; ICTS International, N.V. (ICTS), the world's largest provider of aviation security; and textile companies Polgat, Ltd. (PLGT1) and Rogosin Enterprises (ROGO). The boards of directors on which Dr. Talmor has previously served include Iscal Holdings, Ltd. (ISCL) and New Dimension software (a NASDAQ-listed corporation until April 1999). During his tenure as a director, the share price of New Dimension Software appreciated from $3.50 to $52.50 culminating in the acquisition of the company by BMC Software (BMCS) for $750 million which, at the time, was the largest sale of an Israeli company to a foreign entity. |