David Ezra Gerstenhaber

Forum Real Estate Income Fund is a closed-end management investment fund, whose primary goal is to maximize current income, with a focus on capital preservation. The company is headquartered in Denver, CO.

Acorn Advisory Capital LP (Acorn) is a SEC-registered investment advisor headquartered in New York City. The firm was founded in 1994 and is a subsidiary of Delphi Financial Group, Inc., which is ultimately-owned by Tokio Marine Holdings, Inc. (TYO: 8766) in Japan. Acorn provides investment advisory services to and manages private funds engaged in a multi-manager, multi-strategy investment program.

Morgan Stanley Investment Management (Japan) Co. Ltd. (MSIM-Japan) is the investment management subsidiary of Morgan Stanley Japan Holdings Co. Ltd., itself a subsidiary of US-based Morgan Stanley (NYSE: MS). Formerly known as Morgan Stanley Asset & Investment Trust Management Co. Ltd., established in 1987, the firm changed their name to Morgan Stanley Investment Management (Japan) Co. Ltd. in 2012. MSIM-Japan is based in Tokyo and provides investment advisory and asset management services to public and private pension funds and financial institutions.

Founded in 1993, Argonaut Management LP is a hedge fund manager located in New York City.