Naruhisa Nakagawa

GCI Asset Management, Inc. (GCI-AM) is a wholly-owned subsidiary of the holding company GCI Capital Co. Ltd., an independent financial group whose significant shareholders include the management, Marubeni Corp. (TSE: 8002), Nikko Cordial Corp. (TSE: 8603) and JAFCO Co. (TSE: 8595). GCI-AM was established in 2000 as Global Cyber Investment and is located in Tokyo. The firm manages segregated accounts as well as a range of Japanese and offshore alternative investment products. Their clients are private individuals including retail investors as well as institutions including pension funds. Their clientele is both Japanese and foreign. The firm operates in close relationship with fellow subsidiary FXCM Japan, a foreign exchange trading and financial futures specialist, and their wholly-owned subsidiary GCI Investment Management Singapore. They also cooperate with US-based alternative asset management firms on multimanager strategies, and sub-advise third-party single-manager strategies. The GCI group aims to provide risk capital in Japan and abroad and contribute to Japan's investment-driven economy.

Caygan Capital Ltd. (Caygan UK) is a multi-strategy asset management firm headquartered in London, UK. The firm was founded by Naruhisa Nakagawa in 2014, who initiated a spin-out from a large Japanese asset manager. They are a subsidiary of Caygan Capital Pte Ltd., ultimately held by Straits Co., Ltd. in Japan. Caygan UK provides investment management and advisory services. They serve primarily pensions, financial institutions, and endowments.