Jochen Wermuth, a German citizen, born in 1969, is the Founder of the Greater Europe Fund Limited (Bloomberg ticker: GREEURU JY) and the Managing Partner of Wermuth Asset Management GmbH (WAM), investment adviser to the Greater Europe Fund Limited, which has returned some 38% per annum since inception in early 1998 ranking it the world’s best performing investment fund since then. The Fund pursues a strategy of "broad value investing:" traditional value investing with the ability to go long and short combined with a global economic view, focused on the avoidance of permanent loss of capital. He is also the founder of the Greater Europe Deep Value Fund Limited (Bloomberg ticker GREDVALJY), an extension of the Greater Europe Fund Ltd with a focus on longer-term, less liquid opportunities. The investment Strategy for the fund remains “Broad value investing” and is driven by pre-IPO opportunities; selected illiquid opportunities; take-overs, consolidation, buy-outs and restructuring financing. The fund can invest in both listed and non-listed securities as well as in real estate. The combined assets under management for both funds were some USD 700 million in August 2006. In 1997/1998 Mr. Wermuth was a Director and Head of Russian Debt Capital Markets in Deutsche Bank's Global Markets Division, London , seconded to Moscow as a member of the management committee responsible for the establishment of a new fully licensed bank. In this capacity he raised a total of USD 8 billion in financing for Russia . Between 1993 and 1997 he participated as an adviser to the Russian Government in negotiations with the IMF and the World Bank, for balance of payment support and budget financing having a total value of some USD 17.5 billion. He was also the EU and World Bank sponsored Head of the Economic Expert Group under the Ministry of Finance of Russia (still operating today, see www.eeg.ru) and in this capacity prepared economic policy plans, debt restructuring negotiations, the country's first credit rating and its debut Eurobond issue. He holds a Master’s degree in Economics and a Bachelor’s degree in Economics and Mathematics, awarded magna cum laude, from Brown University. He has also passed his qualifying exams for a Doctorate in Economics at Oxford University.