Jonathan Mark Lubert

Bear, Stearns & Co., Inc. is a global investment banking, securities trading and brokerage firm located in New York City with additional offices in Dallas, Boston and San Francisco. The firm is a subsidiary Bear Sterns Cos., Inc. (NYSE: BSC). Their equity research team consists of senior analysts located throughout the world. In addition to domestic coverage, they have research teams focusing on Latin America, Asia and Europe. The analysts use a bottom-up approach to stock selection. The Bear Stearns fixed-income research department provides coverage of every sector of the fixed-income universe. The financial analytics and structured transactions group (F.A.S.T) provides investment research, fixed-income portfolio management and analytical systems, trading technology and general financial expertise. The group also provides a broad range of services to financial institutions including asset-liability management, balance sheet restructuring, receivables-based financing analysis, security and portfolio analysis, peer analysis, and historical and real-time market-based information.

Lubert-Adler Management Co. LP (Lubert-Adler) is an independent, SEC-registered investment advisor and institutional real estate investment manager headquartered in Philadelphia, Pennsylvania. The firm was co-founded in 1997 by Ira Lubert and Dean Adler. Lubert-Adler provides investment management services to their sponsored private real estate funds which includes certain previously launched permitted investment vehicles, all of which are organized as privately offered pooled investment vehicles.

Global Affiliates, Inc. provides fitness and wellness solutions corporations and insurers. It also offers health coaching services in the areas of smoking cessation, stress reduction, prenatal care, weight reduction, start walking, better eating and chronic care. The company was founded by John L. Cassady in 1992 and is headquartered in Philadelphia, PA.

JetPay Corp. engages in the provision of payment services, which includes debit and credit card processing, payroll, and human capital management services, and card services to businesses and their employees throughout the United States. It operates through the following business segments: Payment Services, and Human Resource (HR) & Payroll. The Payment Processing segment processor of credit and debit card and automated clearing house payment transactions that focuses on processing omni-channel transactions and recurring billings for traditional retailers, government and utility, and service providers. The HR & Payroll segment provides human capital management (HCM) services, including full-service payroll and related payroll tax payment processing, time and attendance, HCM services, prepaid card services, and services under the Patient Protection and Affordable Care Act. The company was founded on November 12, 2010 and is headquartered in Allentown, PA.

JL2 Group is an independent hedge fund management firm headquartered in Philadelphia, Pennsylvania. It was founded by Jonathan Lubert in 2003 as E.X. Capital Partners LLC. The firm provides investment advice to high net worth clients.

Valley Forge Casino Resort operates casino resorts. It offers gaming, dining, entertainment, bars and hotels. The company is headquartered in King of Prussia, PA.