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Touchstone Asset Management
TouchStone Asset Management ("TAM"), a wholly-owned subsidiary
of TouchStone Partners and a Standard & Poor's rated Commercial Finance Special Servicer, is responsible for servicing and managing the assets
acquired by the Funds and their coinvestors. TAM, since inception, has managed approximately 4,000 commercial and industrial loans and
bonds, with outstanding balances ranging from less than $100,000 to over $70
million; including (i) secured and unsecured loans, (ii) performing,
sub-performing and non-performing loans and (iii) controlling and non-controlling
interests in publicly-issued bond offerings. TAM's six senior managers have
over 92 years of special servicing, consulting and investment banking experience.
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