Eurocastle Announces Resignation Of Mr. Randal Nardone From Board Of Directors And Appointment Of Mr. Constantine Dakolias As Non-Independent Director
24 Agosto 2022 - 8:00AM
UK Regulatory
TIDMECT
Contact:
Oak Fund Services (Guernsey) Limited
Company Administrator
Attn: Tracy Lewis
Tel: +44 1481 723450
Eurocastle Announces Resignation of Mr. Randal Nardone from
Board of Directors and
Appointment of Mr. Constantine Dakolias as Non-Independent
Director
Guernsey, 24 August 2022 -- Eurocastle Investment Limited
(Euronext Amsterdam: ECT) today
https://www.globenewswire.com/Tracker?data=T7Jr7T3ooMfkZ5fL_EyT3o_nFR79SGasd8Ur9mxe1sJ_c_xB4-WRMopwcAUybRWD
announces that after 16 years of valuable service, Mr. Randal A.
Nardone retired as a non-independent director of the Company on 23
August 2022. The Board is at the same time delighted to announce
that Mr. Constantine (Dean) Dakolias has agreed to join the Board
as a new non-independent director, subject to the completion of
formalities.
Mr. Dakolias is a Managing Partner of the Fortress Credit Funds
Business. Mr. Dakolias also serves on Fortress's Management and
Operating Committees. Prior to joining Fortress in 2001, Mr.
Dakolias was a Managing Director, Chief Credit Officer and
co-founder of American Commercial Capital LLC (a specialty finance
company) and Coronado Advisors (an SEC registered broker dealer),
both of which were sold to Wells Fargo in 2001. Mr. Dakolias was
previously a director at RER Financial Group where he was
responsible for the firm's acquisition efforts as a principal and
as a provider of third-party due diligence and asset management.
Mr. Dakolias serves on the Board of Trustees for Columbia
University, the American School of Classical Studies at Athens, and
the Millbrook School. Mr. Dakolias is also a co-founder and member
of the Executive Committee of The Hellenic Initiative, as well as a
member of the Council on Foreign Relations. Mr. Dakolias received a
B.S. in Physics from Columbia University.
The Board is of the view that the appointment of Mr. Dakolias as
a non-independent director, given the breadth of his investment
experience and in particular his deep knowledge of the Greek
market, will be extremely valuable in light of the Relaunch of
Eurocastle's investment activity.
ABOUT EUROCASTLE
Eurocastle Investment Limited ("Eurocastle" or the "Company") is
a publicly traded closed-ended investment company. On 18 November
2019, the Company announced a plan to realise the majority of its
assets with the aim of accelerating the return of value to
shareholders. On 8 July 2022, the Company announced the relaunch of
its investment activity with the aim to build a Southern European
speciality finance and real estate platform. For more information
regarding Eurocastle Investment Limited and to be added to our
email distribution list, please visit www.eurocastleinv.com.
(END) Dow Jones Newswires
August 24, 2022 02:00 ET (06:00 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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