Bret Leas is a director of ABC. Mr. Leas is Partner and Co-Head of Asset-Backed Finance, overseeing Apollo’s Global Asset-Backed and Financing Solutions business. He concurrently serves as Managing Director and member of the Board of Directors of Redding Ridge Asset Management. He also serves on the boards of directors of Cadma Capital Partners and the parent entity of Atlas Securitized Products. Prior to joining Apollo in 2009, Mr. Leas was Director in the Credit Structuring Group at Barclays Capital with primary responsibility for the loan structuring and advisory team. Previously, he was an Associate at Weil, Gotshal & Manges LLP, primarily focusing on asset-backed securities, CDOs and credit derivatives. Mr. Leas graduated cum laude from the University of Maryland with a BA in History and graduated cum laude from Georgetown University Law Center with a JD. He is the former Chairman of the board of directors of the Make-A-Wish Foundation of Metro New York and Western New York. We believe Mr. Leas’s extensive experience managing asset-backed finance related transactions across the globe makes him a valuable member of the Board.

Nancy De Liban is a director of ABC. Ms. De Liban is the Co-Head of Asset-Backed Finance. Prior to joining Apollo in 2012, Ms. De Liban was a Senior Managing Director at Countrywide Financial Corporation, as well as the President of Countrywide Alternative Asset Management. While at Countrywide, Ms. De Liban oversaw non-agency MBS and whole loan trading including all conduit operations. Ms. De Liban was also a member of Countrywide’s Model Validation Committee and was one of the senior managers in charge of Countrywide Commercial Real Estate Finance. Prior to joining Countryside, Ms. De Liban was Senior Managing Director at Bear Stearns for nearly 15 years, where she was a member of the mortgage team focused on modelling, structuring and trading of structured products and was responsible for numerous structural innovations. She currently serves on the boards of directors of the parent entities of Atlas Securitized Products, Aqua Financial, NewFi Lending, Petros Pace Finance, and ROC Capital. Ms. De Liban received her BS in Finance from the University of Southern California. We believe Ms. De Liban’s extensive asset-backed finance product structuring, valuation, and management experience makes her a valuable member of the Board.

Mike Paniwozik is President and a director of ABC, and a Partner, Global Head of Structured Credit Investing at Apollo. Additionally, Mr. Paniwozik is an investment committee member for Asset Backed Finance, S3 Credit Secondaries, and Credit Large Investments, as well as a member of the Asset Backed Credit Operating Committee for Apollo Manager, LLC. Prior to joining Apollo in 2015, Mr. Paniwozik was a Managing Director at Napier Park Global Capital. He began his career in the structured products group at Credit Suisse First Boston. Mr. Paniwozik received a BA in Economics, with honors, from the University of Chicago.

Stuart Rothstein is Partner and Chief Operating Officer, Real Assets and Asset-Backed Finance of Apollo, and Chair of the Board of Directors of Apollo Realty Income Solutions, Inc. and the CEO, President and a member of the Board of Directors of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI). Before joining Apollo in 2009, Stuart was Co-Managing Partner of Four Corners Properties, and with KKR Financial Advisors, RBC Capital Markets and the Related Capital Company before that. Stuart began his career at Spieker Properties, where he was later named CFO.

Stuart graduated from the Schreyer Honors College at the Pennsylvania State University with a BS in Accounting and received an MBA from the Stanford University Graduate School of Business. He is a member of Penn State Smeal College of Business Board of Visitors and a member of the board of directors and Chair of the Nominating Committee for the JED Foundation.

Robert Rossitto is the Chief Financial Officer of ABC. Mr. Rossitto is Managing Director, Credit, at Apollo, where he focuses on various business finance areas in Asset-Backed Finance, ACS broker dealer, and Hybrid Value. Prior to joining in 2022, Robert most recently served as Managing Director and Chief Financial Officer of Tilden Park Capital Management, and as Chief Financial Officer of WCG Management before that. Previously, he was a director on the Finance & Accounting team at Dillon Read Capital Management, and a manager at Deloitte & Touche on the Capital Markets team. Robert is a Certified Public Accountant and earned an MS in Finance from Saint Joseph’s University and a BS in Accounting from the University of Delaware.

Daniel Castaline joined Apollo in 2012 and is a Managing Director in Apollo’s Asset Backed Finance business. He is a member of the ABF Portfolio Management Team, and he serves as the business lead for the Apollo Asset Backed Credit Company (“ABC”). Previously, Dan focused on investing in and trading CLOs and ABS across the Apollo platform. Prior to joining Apollo, Dan was a member of the structured credit team at Stone Tower Capital, a credit investment manager acquired by Apollo, and began his career in the structured credit origination group at Wachovia Securities.

Dan graduated with honors from Harvard College with a BA in Economics.

Bret Leas is a director of ABC. Mr. Leas is Partner and Co-Head of Asset-Backed Finance, overseeing Apollo’s Global Asset-Backed and Financing Solutions business. He concurrently serves as Managing Director and member of the Board of Directors of Redding Ridge Asset Management. He also serves on the boards of directors of Cadma Capital Partners and the parent entity of Atlas Securitized Products. Prior to joining Apollo in 2009, Mr. Leas was Director in the Credit Structuring Group at Barclays Capital with primary responsibility for the loan structuring and advisory team. Previously, he was an Associate at Weil, Gotshal & Manges LLP, primarily focusing on asset-backed securities, CDOs and credit derivatives. Mr. Leas graduated cum laude from the University of Maryland with a BA in History and graduated cum laude from Georgetown University Law Center with a JD. He is the former Chairman of the board of directors of the Make-A-Wish Foundation of Metro New York and Western New York. We believe Mr. Leas’s extensive experience managing asset-backed finance related transactions across the globe makes him a valuable member of the Board.

Nancy De Liban is a director of ABC. Ms. De Liban is the Co-Head of Asset-Backed Finance. Prior to joining Apollo in 2012, Ms. De Liban was a Senior Managing Director at Countrywide Financial Corporation, as well as the President of Countrywide Alternative Asset Management. While at Countrywide, Ms. De Liban oversaw non-agency MBS and whole loan trading including all conduit operations. Ms. De Liban was also a member of Countrywide’s Model Validation Committee and was one of the senior managers in charge of Countrywide Commercial Real Estate Finance. Prior to joining Countryside, Ms. De Liban was Senior Managing Director at Bear Stearns for nearly 15 years, where she was a member of the mortgage team focused on modelling, structuring and trading of structured products and was responsible for numerous structural innovations. She currently serves on the boards of directors of the parent entities of Atlas Securitized Products, Aqua Financial, NewFi Lending, Petros Pace Finance, and ROC Capital. Ms. De Liban received her BS in Finance from the University of Southern California. We believe Ms. De Liban’s extensive asset-backed finance product structuring, valuation, and management experience makes her a valuable member of the Board.

Mike Paniwozik is President and a director of ABC, and a Partner, Global Head of Structured Credit Investing at Apollo. Additionally, Mr. Paniwozik is an investment committee member for Asset Backed Finance, S3 Credit Secondaries, and Credit Large Investments, as well as a member of the Asset Backed Credit Operating Committee for Apollo Manager, LLC. Prior to joining Apollo in 2015, Mr. Paniwozik was a Managing Director at Napier Park Global Capital. He began his career in the structured products group at Credit Suisse First Boston. Mr. Paniwozik received a BA in Economics, with honors, from the University of Chicago.

Stuart Rothstein is Partner and Chief Operating Officer, Real Assets and Asset-Backed Finance of Apollo, and Chair of the Board of Directors of Apollo Realty Income Solutions, Inc. and the CEO, President and a member of the Board of Directors of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI). Before joining Apollo in 2009, Stuart was Co-Managing Partner of Four Corners Properties, and with KKR Financial Advisors, RBC Capital Markets and the Related Capital Company before that. Stuart began his career at Spieker Properties, where he was later named CFO.

Stuart graduated from the Schreyer Honors College at the Pennsylvania State University with a BS in Accounting and received an MBA from the Stanford University Graduate School of Business. He is a member of Penn State Smeal College of Business Board of Visitors and a member of the board of directors and Chair of the Nominating Committee for the JED Foundation.

John Chrystal has served as the Chairman of the board of directors of MoneyLion since 2016. Mr. Chrystal has also served as a director of Regatta Loan Management LLC since 2015. Previously, from 2013 until 2021, he served as a director of The Bancorp, Inc. and its subsidiaries, including serving as Vice Chairman beginning in 2017. He also served as Interim Chief Executive Officer of The Bancorp, Inc. and President of The Bancorp Bank from 2015 through 2016. Mr. Chrystal also previously served as a director of numerous special purpose acquisition companies, Insurance Acquisition Corp, Insurance Acquisition Corp II, Insurance Acquisition Corp III and MCAP Acquisition Corp, and as a director of the Trust for Advised Portfolios from 2010 to 2022. Mr. Chrystal was also an advisor to Monroe Capital LLC and its affiliated funds from 2017 to 2022, a Managing Member of Bent Gate Advisors, LLC from 2009 to 2012, a Founding Partner  of DiMaio Ahmad Capital from 2005 to 2008, and a Managing Director with Credit Suisse entities, with oversight of asset management and financial products functions, in varying roles from 1993 to 2005. Mr. Chrystal received an MBA from The University of Chicago and an undergraduate degree from Iowa State University.

Wendy Modlin is the Chief Compliance Officer and a member of the Executive Committee at LionTree LLC, an independent investment and merchant bank. Prior to LionTree, Ms. Modlin served as a Senior Compliance Officer at Apollo Global Management, Inc., a global alternative asset manager and an affiliate of ABC, from March 2008 to September 2019. Ms. Modlin received a B.A. from Barnard College and a J.D. from Cardozo School of Law.

James Simmons is Chief Executive Officer and Founding Partner of Asland Capital Partners, serving as head of its investment committee with oversight over the day-to-day operations of the firm. Mr. Simmons has over two decades of real estate investment experience across the public and private sectors. Prior to founding Asland Capital Partners, Mr. Simmons was a Partner at Ares Management, where he led the Ares Domestic Emerging Markets Fund, and was previously a Partner at Apollo Real Estate Advisors. Mr. Simmons was also previously president and CEO of the Upper Manhattan Empowerment Zone Development Corporation and held prior roles at Bankers Trust and Salomon Smith Barney. Mr. Simmons currently serves on the Board of Directors of Regency Centers Corporation (NASDAQ: REG), and the Board of Directors of ScionHealth. Mr. Simmons received a B.S. from Princeton University, an M.S. from the Virginia Polytechnic Institute and State University and a Master of Management degree from Northwestern University’s J.L. Kellogg Graduate School of Management. 

Thomas Marano has served as the Chief Operating Officer of The Chotin Group Corporation, a family office that invests in CRE and diversified marketable securities, since November 2023. From January 2020 to November 2023, Marano was the Managing Member of Oldpike Associates, a consulting company focused on mortgage, finance, and the hospitality industry. Mr. Marano served as the Chief Executive Officer and President of Ditech Holding Corp. from April 2018 through October 2019, and as a director and Chairman of the board of directors from February 2018 through October 2019, where he led the sale of Ditech assets to New Residential Investment Corp. via a structured bankruptcy. From November 2014 to August 2019, Mr. Marano served as Chief Executive Officer of Intrawest Resorts Holdings, Inc. Prior to Intrawest Resorts, Mr. Marano was the Managing Member of OldePike Associates LLC, a mortgage consulting business, from 2013 to 2014. From 2009 until 2013, Mr. Marano served as Chief Executive Officer of Mortgage Operations, Chief Capital Markets Officer, and Chief Executive Officer and Chairman of GMAC ResCap, Inc. for GMAC, Inc./Ally Financial, Inc. From 2008 until 2009, Mr. Marano served as a Managing Director at Cerberus Capital Management, LLC, where he consolidated commercial and residential mortgage trading operations and helped establish a mortgage fund. Until 2008, Mr. Marano worked at Bear Stearns & Co. Inc. for 25 years as a trader and ultimately as the U.S. and Global Head of Mortgage-Backed and Asset-Backed Securities. Mr. Marano serves as a director of the board of Lynx IMB, owner of an independent mortgage company, since March 2024. Mr. Marano holds a bachelor’s degree from Columbia College.