Organisation

Investment committee
An independent investment committee will have a final say in the investment and exit decisions. The investment committee will advise the fund management on investment and exit proposals. This advice is binding for the fund management. The investment committee will have three to five members and will advise unanimously. Two members will be the initiators of the fund, Mr. W.J.M. van den Dijssel and Mr. Sj. Dijkstra. Other members can be investors in the fund or third parties from the investment industry.

Mr. W.J.M. van den Dijssel

Willem-Jan van den Dijssel (1959) has over 20 years of hotel operation, investment and management experience. After an education at the Ecole Hotelière de Paris, Mr. Van den Dijssel has been responsible for food and beverage, turnaround and a new development project of various hotels in the Netherlands and France, before he became the General Manager of Grand Hotel Krasnapolsky in Amsterdam. After his nomination as the Chief Executive Officer in 1993, he successfully led the public hotel company Krasnapolsky through a major acquisition process and a merger with Golden Tulip Hotels. Under the management of Mr. Van den Dijssel, the one shop operation with Euro 20 millions in revenue transformed into an international hotel company, active in 10 countries with Euro 400 million in revenue. In 2000, the Krasnapolsky Hotel Group merged with NH Hoteles at a share price of Euro 90, a substantial increase from Euro 5.50 in 1996. After the merger, Mr. Van den Dijssel was subsequently Chief Operating Officer and Member of the Board at NH Hoteles. Currently, Mr. Van den Dijssel is an investor in and Chief Executive Officer of the Euronext listed company Newconomy. Since February 2002 Mr. Van den Dijssel has successfully restructured and repositioned the company.

Mr. Sj. Dijkstra
Mr. Sjoerd Dijkstra (1937) is a hotelier from his day of birth. His parents already owned and operated a small hotel in the northern part of The Netherlands.
During the 60’s and middle 70’s he owned a city hotel in the central part of The Netherlands. After selling the hotel, Mr. Dijkstra was a partner in the Haemstede Groep, a Dutch hotel development and investment group. This group initiated the development of the first IBIS Hotel in The Netherlands (IBIS Schiphol Airport). In 1980, he initiated the Eden Hotelgroup. He acquired the Eden Hotel with 67 rooms and developed it to 340 rooms in its current state. This group
owns and operates 5 city hotels in Amsterdam, Rotterdam and Groningen. The Eden Hotelgroup has a very profitable, well managed and consistent portfolio of hotels.