Kenneth T. Rosen

Adelante Capital Management LLC (Adelante) is a SEC-registered investment advisor headquartered in Alameda, California. The firm was founded in 2004 and is a subsidiary of ACM Acquisition LLC. Adelante provides discretionary management to both domestic and foreign clients that currently consist primarily of public and corporate pension funds, foundations and endowments, banks and other financial institutions and individual investors. Client assets are managed through a variety of investment vehicles including separate accounts, commingled funds and separately managed account programs. The firm provides portfolio management services within several wrap fee programs.

Founded in 1993 by Ken Rosen and based in Berkeley, California, Rosen Real Estate Securities LLC is a real estate hedge fund manager.

Golden West Financial Corp. operates as a holding company for retail banks. The firm through its subsidiary provides banking and loan services. The company was incorporated in 1959 and is headquartered in Oakland, California.

Rosen Consulting Group, Inc. provides real estate and regional economics research and consulting services. It also offers strategic consulting and unbiased investment guidance through all market cycles. The firm serves insurance companies, institutional investors, banks, and public and private real estate operators. The company was founded by Kenneth T. Rosen in 1990 and is headquartered in Berkeley, CA.

AV Homes, Inc. engages in the business of homebuilding and community development. It focuses on the development and construction of primary residential communities serving first-time and move-up buyers. The company was founded in 1970 and is headquartered in Phoenix, AZ.

FOH Group, Inc. engages in the manufacture and distribution of women's, misses, children's and infants undergarments and shoes. It sells women's intimate apparel, and related products under its own proprietary Frederick's of Hollywood brand. The company was founded on April 10, 1935 and is headquartered in Hollywood, CA.

The Urban Land Institute operates as a non-commercial research organization. It provides leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. The company was founded on December 14, 1936 and is headquartered in Washington, DC.