Board of Directors

René Mouchotte, non-executive director

René Mouchotte has over 40 years’ experience in senior finance positions. He has held senior positions in various investment banks, including global head of securitisation and tax lease for Credit Agricole Indosuez, Chairman of Eurotitrisation and global head of credit portfolio management for CALYON, independent board member of Banque AIG and has also been a board member of IACPM (International Association of Credit Portfolio Managers) from 2007 to 2009. Mr. Mouchotte is currently an independent board member of Eurotitrisation and Traccr Ltd. Mr. Mouchotte is an independent non-executive director of Toro S.a.r.l, a Luxembourg private limited liability company as well as a director of the Chenavari Multi-Strategy Fund Limited (and of its trading subsidiaries), a Cayman Islands umbrella fund. Both of these funds are managed within the Chenavari Financial Group. Mr. Mouchotte holds an MS in Engineering from Ecole des Mines, an MBA from Columbia University Graduate School of Business, an MA in Finance and Economics from Institut d’Etudes Politiques de Paris and a Post-Master’s degree in Economics from Paris University. Mr. Mouchotte is not considered independent of the Advisers for the purposes of the Company’s voluntary compliance with the Listing Rules by virtue of his directorship of the other funds managed within the Chenavari Financial Group.


Iain Stokes, non-executive director

Iain Stokes acts as a consultant for Wyvern Partners, an independent corporate advisory firm. In his early career he worked in audit and advisory for BDO, Guernsey before joining Guernsey International Fund Managers Limited (part of Barings) in 1996. Mr Stokes joined Mourant International Finance Administration (MIFA) in 2003 as Head of its Guernsey office. and following a period as Head of Private Equity funds, from 2008 was Group Managing Director. Mr. Stokes was a member of the executive team that managed the sale of MIFA to State Street Corporation in 2010 and was a Senior Managing Director in State Street’s Alternative Investment Solutions business unit as Head of Private Equity Product, EMEA until June 2012. Mr. Stokes holds a range of non-executive directorships on fund management and fund investment companies focused on alternative asset strategies. He is a Chartered Certified Accountant, holds the Institute of Directors Diploma in Company Direction and is resident in Guernsey.


Robert Paul King

Robert Paul King, is a non-executive director for a number of open and closed-ended investment funds and companies. He was a director of Cannon Asset Management Limited and their associated companies from October 2007 to February 2011. Prior to this, he was a director of Northern Trust International Fund Administration Services (Guernsey) Limited (formerly Guernsey International Fund Managers Limited), where he had worked from 1990 to 2007. He has been in the offshore finance industry since 1986 specialising in administration and structuring of offshore open and closed-ended investment funds.