ColCap Funds Management (ColCap FM) recognises their duties and obligations to stakeholders to implement and maintain a robust system of corporate governance. ColCap FM believes that the adoption of good corporate governance adds value to stakeholders, enhances investor confidence and ultimately leads to better business

Governance

The ColCap FM Investment Committee consists of seasoned professionals (see below) with multi-year experience in the Asset Backed Securities sector. ColCap FM sees a short term opportunity investing in secondary market securities but may consider primary market issuance at a later date. The Fund may consider related party securities.

The governance regime and the approval process for ColCap FM and its investment process are operated under the following policies and documents:

• The Investment Policy and Brief approved by the Board of ColCap FM and the Responsible Entity;
• The Investment Management Agreement between the Responsible Entity and the Investment Manager;
• The mandate and relevant Constitution of the Fund; and
• The relevant IFSA Standards Guidelines and Code of Ethics

Both the Responsible Entity and the Board of ColCap FM have approved the investment policy of the fund. The Investment Manager is to follow this policy at all times. The Responsible Entity has finally approval for any investment decision.

Members of the Investment Committee

Andrew is one of the founders of Columbus Capital the parent company of ColCap Funds Management and has played a key role in its success to date. A respected financier with over 17 years experience in structured finance and funds management including 7 years in the trustee industry overseeing the corporate trust division. He was responsible for setting up the First Mac program managing treasury and in excess of $5 billion assets under management in the RMBS sector.

Andrew holds a B.Bus (Acc), Deakin University and a Grad. Dip. (Finance)

Martin’s role covers all aspects of investment management at ColCap Funds Management, including the ColCap Fixed Interest Opportunity Fund. Martin reports to the ColCap Funds Management Board. For each ColCap fund, he oversees investment selection and recommendation, risk management and overall strategy. Prior to joining ColCap Funds Management, Martin worked, from 2001 through to 2008, in a large international commercial bank with postings in London, Tokyo and Sydney. His focus during this time was originating, valuing and securitising asset backed and residential mortgage backed securities. Prior to banking, Martin worked within the pensions division of a global accounting practice as a trainee actuary.

Martin holds a Physics degree from Imperial College London.

Jamie has previously worked at Macquarie Bank and the Australian Bureau of Statistics. Jamie has deep and broad experience in statistical analysis, research, analytics and structured finance products. Whilst at Macquarie Bank he established a cross border Auto-leasing finance program, a Commercial Paper (CP) issuing vehicle and had responsibility for warehouse facilities amounting to some AU$4.3bn.

Jamie holds degrees in Applied and Pure Mathematics (University Of Sydney) and a Graduate Diploma in Applied Finance and Investment.

Ben’s role covers product origination, governance and development as well as structured planning and key relationship management. Over the past 7 years Ben has worked in stockbroking and deal origination for leading Australian Investment Banking and Advisory firms. Prior to this he held executive roles with trustee industry overseeing the transition to modern treasury and portfolio management and held an honorary position on the board of the Red Cross (NT).

Ben holds a degree in Economics a post graduate degree in Applied Finance and is completing a degree in Law.

Karl has over 10 years experience in Treasury and Securitisation along with a strong systems/analytics background. He has worked in the State Trustee sector setting up a securitization program. More recently he implemented the introduction of a new servicing platform for Bluestone Mortgages.

Prior to this, he facilitated an issuance in excess of AU$500m of high LTV loans and established a AU$250m residential mortgage securitization programme as Trust Manager. Through these roles he has attained a strong systems and analytics background.

Karl holds a degree in Commerce (Deakin University) and is currently undertaking a Masters in Applied Finance.

IFSA Standards

ColCap Funds Management is committed to compliance with IFSA Standards ColCap Funds Management has undertaken to develop processes and products that provide investors with a quality assurance that goes beyond the base-line of the legislative and regulatory framework.

This includes, but is not limited to: