Michael D. Fascitelli is the Chairman of the Investment Committee of Cadre. He is also a managing partner and co-founder of the Imperial Companies. He is the former President and Chief Executive Officer of Vornado Realty Trust and former President of Alexander’s, Inc. He currently serves as a Trustee of the Board of Vornado Realty Trust. He is a member of the Class of 1978 of the University of Rhode Island where he received his BS in Industrial Engineering, Summa Cum Laude. After graduating from URI, Mr. Fascitelli joined the Bristol Myers Company. In 1982 he received his MBA with highest distinction from the Harvard Graduate School of Business Administration. After graduating from Harvard in 1982, Mr. Fascitelli joined McKinsey & Company, Inc., a management consulting firm. In 1985 he joined Goldman, Sachs & Co. in the Real Estate Department. He became partner in 1992 and was head of the real estate investment banking business. He served on the Investment Committee for the Whitehall Real Estate Fund. In December 1996 he became President of Vornado Realty Trust. He subsequently became Chief Executive Officer of Vornado in May 2009 and served until April 15, 2013. Mr. Fascitelli has been active over the years in the real estate industry and his community. He is a Trustee and Director of the Urban Land Institute. He is past Chairman of the Wharton Real Estate Center and still serves on the Executive Committee. He serves on the Board of the Child Mind Institute and The Rockefeller University Board of Trustees. From the Greater New York Councils Boy Scouts of America he received the Good Scout award and the James E. West Fellow award in 1997 and the Silver Beaver Award in 2003. In May 2008, he received his Doctor of Laws from the University of Rhode Island.