DAC Management LLC and its affiliates are a privately held investment manager specializing in Asia special situation investments with an absolute return objective. DAC sources, values, and manages Asian distressed investments including single and multi-credit non performing loans, distressed real estate, distressed equity and structured finance.

The firm was founded in 2002 and currently manages over US$ 400 million across two funds (22 investments) and several separate accounts in five countries in Asia.

The DAC investment team is composed of nine individuals with backgrounds in the alternative investment, asset management, banking, accounting and legal industries. The investment team has a combined 100 years of investment experience in Asia and a proven track record of investments.

DAC's investment process combines fundamental in-depth local research and a conservative valuation approach to limit risk and exploit market inefficiencies. We invest only in those areas where there is a synergy with our existing skills and resources. DAC is opportunistic in its approach and has several advantages that support its successful investment strategy.

Gao Fei Consulting, a China-based DAC affiliate, provides investment support for DAC's investments in China, as well as those of other funds and banks. To learn more about Gao Fei, please visit its website at www.gaofeichina.com.