Management Team

The Fund will be managed by a team of experienced financial executives from Atlantic American Partners, located in Tampa, Florida. With approximately 80 years of combined experience, the Principals have strong financial backgrounds, and complimentary experience in fund management, private investing, investment banking, commercial and merchant banking, and hands-on business management, as well as turnaround experience.

RICK MICHAELS

Mr. Michaels is the founder and Chief Executive Officer of Atlantic American Partners and Communications Equity Associates (CEA), a firm he established in 1973 to provide financial services and advice to a select group of clients in the cable industry. Over the past 36 years CEA has become a leading provider of investment banking services and private equity for the global media and entertainment, communications and information technology industries. Through CEA, Mr. Michaels has completed over 900 transactions in 60 countries, totaling in excess of $40 billion. Mr. Michaels has invested (either directly or through CEA) almost $34 million in 60 transactions over the past 30 years that have yielded proceeds in excess of $128 million, resulting in a 90% annualized IRR.

GAR LIPPINCOTT

Working for Metropolitan Life’s Capital Markets Group, Mr. Lippincott led over $2 billion in financings, had oversight responsibility for half of Met Life’s investment portfolio in the Southeast U.S., and oversaw Met Life’s LBO partnership with First Boston. In addition, Mr. Lippincott served as Vice President of Structured Finance for Banque Paribas and President of Central Electric Company where he grew revenue of $15 million and EBITDA of $350,000 to sales of $50 million and EBITDA of $6 million, over a seven-year period. Mr. Lippincott is a Chartered Financial Analyst.

ROBERT MOREYRA

Mr. Moreyra is a founding partner of Atlantic American Corporate Group where he has been directly involved in a $253 million acquisition, a $215 million debt refinancing, an IPO, corporate divestitures and numerous private placements and debt financings. Mr. Moreyra has held senior investment banking positions at William R. Hough & Co. (since acquired by Dain Rauscher), one of the largest regional investment banks operating in the Southeast, and H.C. Wainwright & Co. In addition, Mr. Moreyra was Chief Executive Officer and part owner of Pardue, Heid, Church, Smith & Waller, an Orlando-based real estate appraisal and consulting firm. Under his tenure as CEO, Mr. Moreyra grew the firm from under 20 employees to over 200 employees, with nine offices throughout the Southeast U.S.

MING JUNG

Mr. Jung spent four years with the international accounting firm of Arthur Andersen LLP, most recently as a senior tax specialist. He is a Certified Public Accountant and a member of the American and Florida Institute of Certified Public Accountants. He graduated magna cum laude from Florida State University with a Master of Accounting degree with a specialization in taxation and with a Bachelor of Science degree in Accounting. Ming’s responsibilities include development, financial analysis and administrative oversight with respect to the management of domestic and international private equity funds. These include financial management as well as legal, tax and business structuring as it relates to the formation and ongoing activities of the private equity funds.