PEI FUNDS - Key Persons

Job Titles:

• Director

Mr. Fletcher is a Director at PEI. He joined the firm in June 2018 upon his graduation from The King's College with a B.S. in Finance, Summa Cum Laude. While attending college, Mr. Fletcher interned full-time during the summer of 2017 and part-time during the fall of 2017 and spring of 2018 as an Investment Analyst Intern at PEI.

Job Titles:

• Chief Compliance Officer
• General Counsel
• Outside General Counsel Chief Compliance Officer

Charlie Campbell has been General Counsel and Chief Compliance Officer for PEI since 2016. He also has his own law firm - the Law Offices of Charles R. Campbell, Jr. in San Francisco - where he specializes in corporate, real estate, corporate and real estate finance, development, construction and leasing, mergers and acquisitions, private equity, business law and trust and estate planning matters. His law firm represents a diverse clientele ranging from individuals and start-up business ventures to major private and publicly held corporations. His firm provides a full range of outside general counsel services to entrepreneurs and growth companies and advising foreign and domestic lenders and borrowers in connection with numerous workouts and defaulted loan transactions. Mr. Campbell received his B.A. in Business Economics from the University of California, Los Angeles, and has practiced law for 36 years since receiving his J.D. from the University of Southern California.

Job Titles:

• Co - Founder
• Managing Director
• Co - Founder & Managing

Mr. Stetson is a Managing Director and co-founded PEI in 1992. Since co-founding PEI, Mr. Stetson has been involved in all aspects of the Firm's development and investment processes. Currently, Mr. Stetson serves on the Advisory Board of SightLine Partners, a PEI Fund V investment. He is an industry pioneer of secondary purchases of both limited partnership interests and portfolios of direct holdings, having completed his first secondary transaction in 1978. Mr. Stetson was previously a Managing Director of Venture Capital Fund of America ("VCFA"), where he led the firm's U.S. investments. Before joining VCFA, Mr. Stetson was President of Davis Skaggs Capital, a venture capital firm in San Francisco, and Vice President of Bache Halsey Stuart, an investment banking firm. Mr. Stetson's family office is one of the original investors in PEI, and it has continued to invest in all of PEI's funds. Mr. Stetson received his B.A. from Yale University, an M.B.A. from the Columbia University Graduate School of Business and an honorary L.L.B. from Concordia University - Portland.David Parshallon Investments.

Job Titles:

• Co - Founder
• Managing Director

Mr. Parshall is a Managing Director and co-founded PEI in 1992. Since co-founding PEI, Mr. Parshall has been involved in all aspects of the Firm's development and investment processes. Mr. Parshall has served on the Advisory Boards of Argentum Capital Partners II, Trinity Equity Holdings, Rufus Partners, and WFD Ventures, all PEI investments. He also serves as a Board Observer of BacterioScan, Inc., a PEI Fund V portfolio company. He has 40 years of related investment banking and private equity experience. Prior to starting PEI, Mr. Parshall was a Managing Director of The Blackstone Group and a member of its Advisory Committee. Mr. Parshall was previously a Managing Director of Lehman Brothers, where he developed broad experience over a period of 14 years providing corporate finance and merger and acquisition advisory services for clients covering a cross-section of economic sectors. Mr. Parshall worked at Lehman Brothers in Investment Banking in both New York and San Francisco before joining Blackstone. Mr. Parshall received his A.B. from Columbia College and an M.B.A. from the Columbia University Graduate School of Business.

Job Titles:

• Office Administrator

Mrs. Mikos is the Office Administrator and joined the firm in January 2017. Previously, she started out in the legal field as an Assistant at Davis Polk & Wardwell and then switched to the financial field working at JP Morgan, Zurich Centre Group and Ampt