Jonathon M. Sellar

Provides electricity and gas distribution services

Functions as a venture capital fund

Generates and sells electric power

Functions as a College/University

Provides auditing and accounting & tax preparation services

Provides electricity distribution services

BBIM is an active manager which identifies, acquires, manages and operates quality infrastructure companies in the energy transmission and distribution and transport sectors. Their energy transmission and distribution portfolio comprises gas transmission, storage and distribution and electricity distribution businesses in Australasia, North America and Europe and an operations and maintenance business in Australia. Their transport portfolio contains rail and port assets in Australia, Europe and China. The firm examines each investment opportunity with respect to strategic investment criteria (the asset is essential infrastructure such as port or rail networks, energy distribution and transmission assets and power generation assets); security holder wealth (the acquisition price, earnings and funding structure of the investment are expected to contribute positively to security holder wealth); appropriate risk/return (including strong asset quality and condition, proven management, acceptable market and regulatory risks, sound long-term contractual arrangements, demand for services and attractive returns with prospects for growth that are commensurate with the risks accepted) and the ability to optimize capital structure.