Colony Capital, LLC is a privately held independent global real estate investment firm founded in 1991 by Thomas J. Barrack, Jr. The Firm and its affiliates have an extensive global footprint and corresponding infrastructure, with over 400 employees operating in a total of 12 offices in the following nine countries: China, France, Italy, Lebanon, South Korea, Spain, Taiwan, the United Kingdom and the United States. Over the past 21 years, Colony has established 44 investment vehicles, including global investment funds, dedicated regional investment funds and investment-specific co-investment vehicles, raising an aggregate of approximately $19 billion of equity capital, which has been invested in most major sectors of real estate. Colony’s origins are rooted in distressed investing post financial crisis beginning in 1991 with the resolution of Resolution Trust Corporation (RTC) portfolios. In the wake of the 2007 subprime mortgage crisis and the subsequent global financial decline, Colony has continued to build upon this legacy deploying over $4.0 billion of equity since 2008 into distressed loan portfolios, rescue capital and numerous other opportunistic debt and equity investments throughout the U.S. and across a diverse range of property types. Since inception, Colony has adapted its investment strategy to the different market opportunities that have arisen from time to time. Beginning in 1991, the Firm became one of the pioneering purchasers of distressed assets from the RTC and the Federal Deposit Insurance Corporation (FDIC). In the mid-1990s, Colony identified comparable investment opportunities in Europe. As a result, the Firm began to build a significant European presence, with an initial investment focus on distressed real estate. As the market opportunities again shifted in the mid- to late-1990s, Colony broadened its focus to include equity investments in real estate and real estate-related assets in the U.S., Europe and Asia, and expanded its global presence by setting up operations in Asia to capitalize on opportunities arising from the Asian financial crisis of the late 1990s. Since then, Colony has established several closed-end investment funds primarily focused on equity investments in real estate and operating businesses significantly dependent on real estate. Over its history, Colony has acquired over 19,000 assets representing over $48 billion in value.