Wafra Investment Advisory Group, Inc.
	INTRODUCTION

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Wafra Investment Advisory Group, Inc., a U.S. registered investment adviser, is beneficially owned by The Public Institution for Social Security of Kuwait. The Public Institution for Social Security is an autonomous agency controlled by the State of Kuwait.

Founded in 1985, Wafra is an investment management company offering an extensive range of investment services including portfolio securities management, direct equity, real estate and other structured products management. Wafra also manages seven alternative investment products and has a private asset management division. Wafra, together with its affiliates, currently has committed and under management, assets in excess of $6.5 billion*.

Originally founded to manage funds in the United States for financial institutions of Kuwait and other Gulf states, it has broadened its mission and now serves over 30 institutional and private clients from around the world.

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It has a staff of over 55, including 30 senior-level professionals.

 

*Estimated assets under management. Included in assets under management is committed capital. Certain valuations are estimated based on the most recently available value. See "Notes" section which is an integral part of this presentation.

Wafra Investment Advisory Group, Inc.
345 Park Avenue, 41st Floor New York, New York 10154-0101