Renaissance Capital Group

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RENN Capital Group, Inc. is a Dallas, TX, based investment management firm that is registered as an Investment Adviser under the Investment Adviser's Act of 1940. RENN was founded by Russell Cleveland who currently serves as President and Chief Executive. Since 1973, RENN or its predecessor companies has been engaged in the management of a series of investment partnerships, such partnerships being principally engaged in investing in publicly traded securities of Emerging Growth Companies. Currently, RENN serves as Investment Adviser and/or Investment Manager to one United States closed-end mutual fund and two Great Britain based investment trusts and one Great Britain based open-end mutual fund. As of February 23, 2007, the combined net asset values of these four entities exceed US $375,000,000.

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