Mr. Fuhrman is Chairman and CEO of GF Capital, a New York based merchant banking firm that makes principal investments in operating companies primarily in the media and consumer products sectors, as well as in real estate. GF Capital also provides financial advisory services to a select group of clients with respect to mergers, acquisitions, divestitures, financings, and other important strategic issues. In addition, GF Capital, through its subsidiary TAG Associates LLC, is a leading multi-client family office and portfolio management services company with approximately $5 billion of assets under management.

After graduating from the Institute de Hautes Etudes Internationales, University of Geneva, in international economics, Bijan joined the equity capital markets group of BNP Paribas in London where he led the group's European technology sector.

Since then, Bijan Khezri assumed board positions as Chairman, Chief Executive, and non-executive Director in publicly listed companies in the UK, the US and Germany. In 2004, Mr. Khezri co-founded Saphire Finance LLP, an FSA authorised and regulated principal merchant banking partnership based in London.

Mr. Khezri is an active investor across Europe and the US in a variety of sectors. In 2005, he co-founded Enovation Resources, a Bermuda based oil & gas company with operations in the US Gulf of Mexico and the North Sea, acquiring a portfolio of distressed, dormant and high risk assets through the application of advanced geophysical technology.

Since April 2008, former CEO of Artist Pension Trust Bijan Khezri has served as Vice-Chairman of the Board of Directors. He has been passionately collecting young emerging artists for many years. With his professional finance background, he brings his multi-faceted experience to APT.

David A. Ross has more than 30 years experience as an art museum professional and has served as director of the San Francisco Museum of Modern Art, the Whitney Museum of American Art and the Institute of Contemporary Art in Boston. Noted for his work with emerging artists and new media, Mr. Ross has been involved in the organization and jurying process of major international exhibitions including the Venice Biennale, Documenta and The Carnegie International.

Mr. Ross is a Trustee of the Studio Museum in Harlem and a member of the Board of Trustees of the Anaphiel Foundation. He serves on the Curatorial Committee of the CRT Foundation in Turin, Italy, and on the Curatorial Advisory Committee of La Caixa in Barcelona, Spain. He is an active member of the board of Rhizome, a new media organization associated with the New Museum of Contemporary Art in New York City.

An independent curator, lecturer and writer, Mr. Ross has also served as a senior seminar leader in Art History at Harvard University and has taught in the Graduate School of the Arts at Columbia University.

Dan Galai is the Abe Gray Professor of Finance and Business Administration at the Hebrew University, School of Business Administration in Jerusalem. He was a visiting professor of finance at INSEAD and at the University of California, Los Angeles and has also taught at the University of Chicago and at the University of California, Berkeley. Dr. Galai holds a Ph.D. from the University of Chicago and undergraduate and graduate degrees from the Hebrew University.

Mr. Galai has served as a consultant for the Chicago Board of Options Exchange and the American Stock Exchange as well as for major banks. He has published numerous articles in leading business and finance journals on options, risk management, financial markets and institutions and corporate finance. He is a coauthor of Risk Management published by McGraw- Hill, July 2000.

He was a winner of the first annual Pomeranze Prize for excellence in options research presented by the CBOE. Prof. Galai is a principal in Sigma P.C.M., which is engaged in portfolio management and corporate finance.

Moti Shniberg is the founder of and creative force behind MutualArt Holding, parent company of Artist Pension Trust and MutualArt.com. He founded Artist Pension Trust, with partner Professor Dan Galai, in February 2003. Mr. Shniberg served as CEO from its inception and served as Chairman until June 2006 when Bijan Khezri was appointed as CEO & President. Since then, MutualArt Holding has developed their second product, MutualArt.com, where Mr. Shniberg now serves as the CEO & President.

Moti Shniberg is an entrepreneur who also founded ImageID in 1998, a company that applies pattern recognition and identification technologies to a wide range of industries. He served as CEO from its inception until 2002, and now serves as its Chairman. As a self-taught innovator, Mr. Shniberg invented the unique Image-code concept currently being used in the fields of logistics, events and security by companies around the world.

Serge Tiroche is a Managing Director at The Citigroup Private Bank and currently manages the bank’s activities with Ultra High Net Worth families in Israel and Turkey. He has been with Citigroup since 1997 in various roles in Switzerland, the UK and Israel, where he currently resides with his family.

Prior to joining Citigroup, Mr. Tiroche was involved in the establishment of Tiroche Auction House, Israel’s principal marketplace for fine arts and collectibles. Mr Tiroche is an avid collector of Contemporary Art and has extensive experience in the secondary market for Impressionist and Modern Art.

In 1992, he completed with distinction, a Bachelor degree in Business Administration and Modern Arts, from the American University of Paris. In 1997 he obtained an MBA from INSEAD, in Fontainebleau, France.

Mr. Tiroche serves on the Board of Governors of the Tel-Aviv Museum and is a patron of the Batsheva Dance Company. He is also an active supporter of Musot, a center for education, art and therapy for adolescents at risk and distress.