Mr. Alfonso Cortina

Mr. Alfonso Cortina. Madrid, 1944. Industrial engineer, Bachelor's Degree in Economics and Business Studies. Currently President of the Repsol YPF Foundation (since October 2004).

Executive President of Repsol YPF (June 1996-October 2004) and President of the Board of YPF (June 1999-October 2004). He has occupied different posts as top executive in: the Banco de Vizcaya group, Bancaya Inmobiliaria,  Banco Hispano Hipotecario group, Sociedad de Crédito Hipotecario S.A. (Hispano Americano Group), Sociedad de Tasación S.A., Pórtland Valderribas S.A., Cementos Pórtland and President of Inmobiliaria Colonial (January 2005-October 2006). He has been member of the board of BBVA, Banco Central, Banco Zaragozano, FCC, Ferrovial, Institut Français du Pétrole (IFP) and other companies.

He currently holds various posts in different companies and groups, both national and international, such as: member of the Executive Committee of COTEC (Foundation for Technological Innovation ), member of the Board of Directors of Mutua Madrileña Automovilística Sociedad de Seguros a Prima Fija, member of International Advisory Board of Allianz AG, member of the Trilateral Commission and the Board of Directors of Recoletos Grupo de Comunicación S.A.; Senior Advisor for Spain and Latin America and member of the European Advisory Council of Rothschild and Senior Advisor in Spain for Texas Pacific Group.

Mr. Jaime Castellanos

Mr. Jaime Castellanos is President of Banca Lazard in Spain, President of "Servicios Logísticos y Portuarios", Advisor of Compañía de Bebidas Gaseosas (CASBEGA) and member of the Advisory Board of Rolls Royce in Europe. In 1988 Jaime Castellanos promoted and founded the Grupo Gestión Integral de Inversiones, wealth management company of which he was President.

This company was sold to Credit Suisse Group in 1999. Through the 80's, he initiated his relation with the publishing world through Actualidad Económica and Telva, as well as through the acquisition of the daily Marca and the launch of the daily Expansion in 1986 in whose Boards of Directors he participated. At the beginning of the 90's he was nominated Vice-President of the Recoletos group which resulted from the merger of different publishing companies. In 1998 he was named Executive President of this Group.

Prior to his activities in the publishing world, Jaime Castellanos founded the company S&C, which later became S&C Willis thus becoming the second insurance broker in the Iberian market. It was sold to the Willis Group on 31.12.2002. He is currently President of Willis for Iberia. Prior to founding S&C, Jaime Castellanos worked in the insurance sector at Sedwick Forbes and Willis Faber in London and at Castellanos y Cía in Bilbao.

Mr. Ignacio Eyries

Mr. Ignacio Eyries is currently Managing Director at CASER, the 8th Spanish insurance group with life and non-life insurance premiums of over €1.500m in 2001. Prior to that, he was CEO at Royal & SunAlliance Spain (1999-2001), Managing Director at American Life Insurance Company ALICO (1993-1999) and Project Manager at McKinsey & Co. (1987-1993).

Mr. Eyries began his career as Construction Manager at Dragados (1981-1987). He holds a Bachelor's degree in Civil Engineering from the Universidad Politécnica de Madrid and an MBA from IESE (Universidad de Navarra).

Mr. Daniel García-Pita

Mr. Daniel García-Pita Pemán (Cadiz, 19 January 1947). BA in Law from the Universidad Central de Madrid, Business Studies in the Universidad Central de Madrid and in Cologne University. Lecturer in Commercial Law in the Univerisdad Central de Madrid under Mr. Joaquín Garrigues. He has been an exercising lawyer since 1969 in the practice of J. and A. Garrigues in which he was Managing Partner until 2003.

His professional career has focused on Company, Stock Market and M&A law, and in general, all areas of Commercial Law, having published various works and delivered conferences. He is considered "senior-statesman" in Spain for the prestigious Chambers world guide to lawyers.

He has been member of the Executive Board of the Madrid Lawyers' Association (1977-80), Head of the Technical Cabinet of the Ministry of Justice (1976-1978) and Head of the Political Cabinet of the President of Congress (1978-1981). In 1980 he was awarded the Cruz de honor de San Raimundo de Peñafort.

Mr. Javier Loizaga

Mr. Javier Loizaga is Executive Partner of Mercapital, a leading Spanish Private Equity firm, with over €1.000m under management, which he joined in 1991. Prior to this, Mr Loizaga worked as Investment Manager at the Compagnie de Suez in Paris and previously as a Senior Consultant in the Management Consulting arm of Arthur Andersen in Madrid. He is currently a member of the Board and of the Executive Committee of EVCA, as well as a Chairman of the Investor Relations Committee.

Until 2001 he was member of the Board of Spanish Venture Capital and Private Equity Association (ASCRI), acting as its Chairman in 1995 and 1996. In addition, Mr.Loizaga is member of the Board of numerous companies in which Mercapital holds a stake.

Mr. Javier Loizaga holds an MBA from INSEAD, an M. Sc in engineering at the "Escuela Técnica Superior de Ingenieros de Caminos, Canales y Puertos" from the Universidad Politecnica de Madrid. In addition, he is member of the INSEAD Advisory Council in Spain.

Mr. César Molinas

Mr. César Molinas was Head of Global Portfolio Strategy of Merrill Lynch in London (responsible for long and short term portfolio strategies for big institutional clients). Previously he occupied the posts of Head of Fixed Income Strategy for Europe and Chief Economist for Spain. César has occupied various positions in the Spanish Government mainly within the Treasury. From 1991 to 1994 he was Director General of Planning of the Treasury and previously Director of Research and International Relations of the Spanish Securities Commission "CNMV".

César was member of the Boards of RENFE (1991-94), Correos (1992-94), Centro de Desarrollo de Tecnología Industrial (CEDETI) (1991-94), Enadimsa (1987-90) and member of the Executive Commission of the Interministerial Commission of Science and Technology (CICYT) (1991-94). He is currently member of the Advisory Council of the Presidency of Metropolitain Transports of Barcelona. César holds a Ph D in Economics from the Universidad de Barcelona and a M.Sc. from the London School of Economics.

Mr. Estanislao Rodríguez-Ponga y Salamanca

Born in Madrid in1956. Bachelor in Economics from the Universidad Complutense de Madrid (1978) and MBA from the Instituto de Empresa de Madrid (1994).

Professional career:

• 1982-May 1989: Tax Inspector  (Madrid Tax Office and National Inspectorate)
• May 1989 - November 1992: Legal Practice B. Cremades
• November 1992- February 1997: Tax Advisor Banco Bilbao Vizcaya (BBV)
• February 1997-May 1999: Chief Tax Advisor of Caja Madrid
• May 1999- May 2000: Chief Tax Advisor of Repsol, S.A.
• May 2000- July 2001: Director General of Tax Office of Treasury
• July 2001- Abril 2004: Treasury Secretary of State

He is currently Vicepresident of the Board of Directors of Caja Madrid, Director of Indra S.A, Director of Testa Inmuebles en Renta SA (Grupo Sacyr-Vallehermoso), Director of the companies Utisa and Ason (El Corte Inglés group). He is also member of the Board of Directors of the College of Economists of Madrid and member of the General Council of the Spanish College of Economists.

Mr. Kevin Albert

Mr. Albert has a B.A. and M.B.A. from the University of California (Los Angeles).

Kevin Albert is a Managing Director and is responsible for the investor relations functions of Elevation Partners.

Kevin has 24 years of experience working with institutional investors. Prior to joining Elevation Partners, Kevin was a Managing Director and a Global Head of the Equity Private Placement Group at Merril Lynch & Co. where he led a market leading private equity fund placement business as well as a unit that syndicated minority interest private equity and co-investment opportunities to institutional investors.

Prior to that role, Kevin served for 6 years in a variety of generalist investment banking roles at Merril Lynch. Kevin serves as an independent director on the board of Merril Lynch Ventures, LLC. and Kecalp, Inc., a series of private equity partnerships offered to key Merril Lynch employees aggregating over 1.8 billion USD of original committed capital.

Kevin is a member of the Advisory Committee and will act as a Senior International Advisor, employing experiencie and relationships developed over 18 years with a wide range of private equity managers to help Altamar evaluate and source the very best managers for inclusion in its investments funds.