<strong></strong><em>Managing Principal</em>

Clifford (“Kip”) Lord, Jr. joined the predecessor company, Pacifica Capital Group, in 1995 and was actively involved as  lead partner in the acquisitions and asset management of the firm’s 4 million square foot Southern California commercial real estate portfolio.

In 1998 Mr. Lord founded Pacifica Capital Gestion, a Madrid, Spain based affiliate investing in industrial, office and retail real estate in Spain.  In a partnership with Apollo and via a complex land assemblage, the firm entitled 200 acres of raw industrially zoned land for mixed-use development in the City of Madrid between 2000-2008.  Mr. Lord continues to serve as Managing Partner and oversee the real estate and private equity interests.

In 2006, Mr. Lord secured exclusive franchise rights to Kentucky Fried Chicken in Madrid, Spain.  Through successful execution of its business plan, Mr. sold the franchise rights to Yum Brands in 2007.

Mr. Lord has been active in real estate investment and development since 1985. From 1985 to 1995, Mr. Lord served as an officer of Hollingsworth &amp; Lord, Inc., a real estate investment and mortgage banking company. At the time of the company’s sale in 1995, its mortgage originations totaled over $100 million per year.

Mr. Lord is a graduate of the University of California, Santa Barbara. He attended the University of Madrid in 1977-1978 and speaks fluent Spanish.