

Mr. Korey is responsible for the day to day management and oversight of six healthcare funds, including two licensed Small Business Investment Companies. He has over 20 years of structured finance experience and has spent the last 16 years developing relationships in the healthcare industry. Prior to forming the funds, Mr. Korey was President of Dynex Healthcare, Inc. Prior to Dynex, Mr. Korey formed the first long-term care mezzanine fund in the country at Ziegler Capital Company. He was also employed by Alex. Brown & Sons, Inc. in their Housing and Long-Term Care Group and at AMBAC Indemnity Corporation in their Structured Finance Department.
Mr. Korey has originated and closed over $800 million of mezzanine, senior mortgage and equity healthcare transactions in his career.
Mr. Korey is on the Executive Board of the American Seniors Housing Association and is Chairman of the Planning Committee for the National Investment Center's Skilled Nursing Investment Forum.
Mr. Smith is responsible for the day to day management and oversight of six healthcare funds, including two licensed Small Business Investment Companies. He has over 15 years of structured finance experience and has developed various types of software to evaluate and monitor mortgage related securities. Prior to forming CHC and ZHC, Mr. Smith was Vice President of Underwriting at Dynex Healthcare Capital, Inc. where he was responsible for formulating the Company's underwriting policies and overseeing the loan closing process. Mr. Smith was also an employee of UBS where he was a Quantitative Analyst on the collateralized debt obligation derivatives trading desk.
Mr. Smith is currently serving on the Board of Governors for the National Association of Small Business Investment Companies (NASBIC).
Mr. O'Brien is responsible for reviewing the operations of long-term care companies that the Fund invests in. Mr. O'Brien has over 18 years of experience in the long-term care industry. Mr. O'Brien was President and Chief Executive Officer of Life Care Centers of America, Inc., which is the largest privately held long-term company in the United States. Life Care operates more than 230 nursing homes, assisted living, retirement, and Alzheimer's centers in 28 states.
Mr. DeFoor has nearly thirty years experience in a variety of businesses with particular expertise in the development of commercial real estate and residential communities. In 1976, he founded DeFoor Development, Inc., a company specializing in building and operating shopping centers, office buildings and retirement communities. During the mid-90's, Mr. DeFoor began investing in skilled nursing facilities and now has an ownership interest in forty nursing homes and assisted living facilities nationwide. Mr. DeFoor is also a limited partner in Ziegler Healthcare Fund I, LP and Contemporary Healthcare Fund I, LP.
Mr. Jabaley has been involved in healthcare, primarily nursing homes and assisted living facilities, for more than twenty years. In 1992, he co-founded the HART Group, which owned twenty-five (25) facilities comprised of twenty-four (24) skilled nursing centers with 3,173 licensed beds and one assisted living facility with fifty three (53) units. Although Hart sold substantially all of its assets in late 2005 and early 2006, it remains an active business entity and owns various types of commercial real estate. Mr. Jabaley was a co-founder of Ziegler Healthcare Capital, LLC and its successor, Contemporary Healthcare Capital, LLC