Investment Committee

Jeffrey Dishner is President and Chief Operating Officer of Starwood Capital Group. In this capacity he works in conjunction with the Firm's Chief Executive Officer in the day to day management and operations of the business with a particular focus on strategy. In addition, he is responsible for overseeing all international debt and equity investing, capital markets, portfolio management and investor relations. Mr. Dishner is a member of the Firm's Executive and Investment Committees, and also serves on the Investment Committee and board of trustees of Starwood Property Trust (NYSE: STWD), an affiliate of Starwood Capital that is one of the largest commercial mortgage REIT in the U.S. Prior to joining Starwood Capital in 1994, Mr. Dishner worked in the commercial mortgage finance group at J.P. Morgan & Co., where he focused on whole-loan dispositions and securitizations for various thrift institutions. Before that, Mr. Dishner was a member of the acquisitions group at JMB Realty. Mr. Dishner received a B.S. degree in Economics from the Wharton School of Finance at the University of Pennsylvania and is currently on the Athletic Board of Overseer's. He also received an MBA from Amos Tuck School at Dartmouth College. Mr Dishner is a member of the Class of 1983 (P 15') of the Lawrenceville School and on the Board of Trustees from 2008 to 2017.

Lorcain Egan is a Managing Director and Co-Head of Europe for Starwood. Mr. Egan is responsible for Starwood’s international lending platform covering Europe and Asia. Since joining Starwood in 2013, Mr. Egan has structured and executed financing transactions and secured financing for Starwood’s equity acquisitions across Europe and Asia. Prior to joining Starwood Capital, Mr. Egan was a Vice President at Barclays Bank where he worked in their Structured Property, Debt Finance team based in London. In this team, Mr. Egan focused on originating, structuring and executing real estate debt opportunities for Barclays. During his time at Barclays Bank and Allied Irish Bank Mr. Egan has worked across a variety of areas of specialist asset based financing including trade, working capital, M&A, corporate finance and structured real estate financing. Mr. Egan received a degree in Law & Economics from the University of Ulster.

Prior to joining Starwood in October 2012, Mr. Tolley was a Director at Deutsche Pfandbriefbank AG (PBB) in London advising on all aspects of the bank’s real estate lending business. During his eight years at PBB he was involved with structuring, executing, and managing senior and subordinated investment and development finance throughout Europe and emerging markets both on new lending and work-out portfolios In his time at Starwood, Mr. Tolley has been involved in the structuring, documentation, execution and management of more than £4bn of equity and debt investments throughout Europe and the establishment of Starwood European Real Estate Finance Limited. He is a qualified Solicitor in England & Wales and holds a MA in law from Oxford University.

Jeffrey DiModica is President of Starwood Property Trust (NYSE: STWD). In this role, Mr. DiModica manages day-to-day operations and explores new business opportunities for the Company, and serves on its Investment Committee. He previously served for five years on Starwood Property Trust’s Board of Directors Prior to joining Starwood Property Trust in 2014, Mr. DiModica served as a Managing Director and Head of MBS/ABS/CMBS Sales and Strategy for the Americas at the Royal Bank of Scotland. In this role, he was responsible for the distribution and analysis of mortgage and asset-backed securities to institutional clients. Mr. DiModica previously headed the Boston sales office for RBS/Greenwich Capital. Before that, he sold derivative and MBS products for Merrill Lynch. He began his career in Chemical Bank’s commercial real estate department’s merchant and investment banking division. Mr. DiModica received a B.S./B.A. degree, with a concentration in finance, from Boston University, and an MBA from Dartmouth College’s Amos Tuck School. He has held the Chartered Financial Analyst designation since 1995.

Duncan MacPherson is a Managing Director and Head of Capital Markets, International for Starwood Capital Group. In this role, Mr. MacPherson is responsible for all debt capital markets activities for Starwood Capital in Europe, including financing, foreign exchange and interest rate hedging for the Firm’s European investments. He is a member of Starwood’s Investment Committee. Prior to joining Starwood Capital in 2012, Mr. MacPherson spent six years at Citigroup, where he served as a Director on the commercial real estate finance team in London. Before that, he held a number of roles at Barclays Capital, including trading bond options on the exotic interest rate derivatives desk, and developing real-timing pricing and risk systems for the firm’s electronic trading platform. Mr. MacPherson received a B.S. degree in physics from the University of Edinburgh and an M.S. in information technology systems from the University of Strathclyde.

Dennis Schuh is a Managing Director for Starwood Capital Group and Chief Originations Officer of Starwood Property Trust. In this role, Mr. Schuh is responsible for national originations, including senior debt, mezzanine and preferred equity investments. Prior to joining Starwood in 2016, Mr. Schuh was a Managing Director and head of CMBS Banking/Origination for J.P. Morgan. He was previously head of CMBS Capital Markets where his responsibilities included managing the securitization business and high yield debt distribution. Before joining J.P. Morgan in 1997, Mr. Schuh’s career began at Fitch Ratings where he rated CMBS and REITs. He served on the Board of Governors for the CRE Finance Council from 2006 to 2008 and on its Executive Committee from 2007 to 2008. Mr. Schuh is a member of The Real Estate Roundtable and serves on its Real Estate Capital Policy Advisory Committee. Mr. Schuh graduated from Georgetown University with a Bachelor of Science in Business Administration with a degree in Finance.