Wakabayashi Fund Overview / Management

1. wilSets
Wakabayashi Fund LLC
Overview 2011
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2.
Guiding principles
Clear policies
All with the same
philosophies, visions and
goals
The Wakabayashi Fund
Overview
Wakabayashi Fund LLC., a private equity family fund with offices in Tokyo, Japan and New York, NY, provides corporate
capitalization and institutional investor relations consulting services. Wakabayashi Fund may invest on a principal basis
and acts in an agency capacity to procure capital for both profitable and emerging small‐cap and mid‐cap companies,
identifying institutional funding sources for its clients and further develops the investor relations activities.
Wakabayashi Fund is committed to providing our clients with an uncompromising level of service to assist them in
realizing both their immediate and long‐term objectives. We believe the success of any organization lies in the ability to
effectively execute the business plan at each stage of development, and our role is to assist in completing the business
plan goals.
Corporate development, corporate governance, short term and long term financing, institutionally driven sponsorship,
business development and management consulting services are our areas of expertise.
OVERVIEW
From time to time, numerous owners and managers of small businesses consider the option of selling all or part of their
companies for capital procurement purposes. They become anxious about having most, if not all, of their net worth at
risk in the business. A multitude of concerns often conspire to make them postpone taking any action. They worry that
they might not get the maximum price if they sell now and more importantly, they sense that they are not finished with
their work. The builder in them wants to keep expanding the business, not just to create greater value but also to satisfy
the innate entrepreneurial urge to enlarge the vision. Succinctly, the desire is to preserve their accumulated wealth and
keep building for the future.
Wakabayashi Fund has developed a specialty in associating with such owners and managers and helping them resolve
the conflict between their personal financial goals and the needs of the business.
Wakabayashi Fund may invest on a principal basis and acts in an agency capacity to procure capital for profitable small‐
cap and mid‐cap companies. We will also entertain unprofitable companies that are close to break‐even or EBITDA
positive status. We attempt to structure a financing so that owners and managers continue to lead their enterprises and
participate in the rewards of future growth, while at the same time achieving the liquidity to diversify their personal
holdings and fund the next round of company expansion. We help build value by working with professional managers
and entrepreneurs to achieve liquidity, to implement operating improvements for the businesses and to realize short
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3. and long term strategic and financial goals.
Wakabayashi Fund’s goal is to provide or arrange for liquidity and private equity capital for managers and owners of
companies with revenues of $500,000 or more. We will also review smaller capitalized companies and view each
transaction on its underlying merit, case by case.
We provide senior management and operating experience in a variety of industries with the financial and investment
know‐how of private equity professionals. We bring to a portfolio company sophisticated financial acumen combined
with valuable operating insight. We afford experience in building companies along with a history and lengthy track
record in raising capital and providing short‐term liquidity. Additionally, we would like to think of ourselves as an
ongoing asset for owners and managers, providing them with assistance and instructions in the following areas:
 Market making assistance and support in dealing with broker / dealers
 “Buy‐side / Sell‐side” coverage
 Corporate development strategy
 Incorporating best practices from other industries
 Making the introductions that help companies grow and succeed
Wakabayashi Fund’s principals have successfully invested in a wide range of industries with particular focus on buildup
and consolidations. Our objective is to provide short / long term liquidity and recapitalize companies in cooperation
with professional management, thereby building long‐term value. Our preference is for profitable companies or those
that possess trajectory technologies. Additionally, at the other end of the spectrum, we are drawn to basic
manufacturing, service and distribution businesses in fragmented industries where technology development is not the
key requirement for success. The aforementioned criteria permit Wakabayashi Fund to invest and procure capital in a
broad cross‐section of companies and industries.
Wakabayashi Fund is dedicated to assisting managers and owners in achieving their financial, operating and liquidity
goals. We accomplish this by working closely with a portfolio company to:
 Develop strong relationships with all levels of management
 Set strategic and operating objectives with management and the board
 Add to shareholder base, thus potentially adding to liquidity and increased market capitalization
 Incorporate market‐maker support both retail and wholesale
 Facilitate and introduce industry experts and appropriate outside resources to management
 Assist with acquisitions and other corporate finance needs
Through extensive operating and venture capital investing experience, we have access to a network of contacts in
professional organizations and financial institutions that are often useful to the client. Our financial network includes
other venture capitalists, private equity, hedge funds, bankers, asset‐based lenders and investment banking firms.
SMALL COMPANY FOCUS
There are a substantial number of small‐cap and mid‐cap market companies in the United States as well as off‐shore.
Many were founded several decades ago and now the owners or their children want to liquefy their holdings. Some
expect to cash out completely while others plan to sell a portion for company cash needs. Unfortunately, for these
owners and managers, small companies do not necessarily enjoy the liquidity and ready access to the capital markets
that their larger counterparts do. Fewer buyers are interested in these smaller transactions and many of these
companies are managed in ways that make them less attractive to outside investors. Commercial bank financing is
usually available to small concerns in limited amounts, but it often requires the personal guarantee of the principals. As
a result, companies of this size must rely chiefly on their owner’s capital to support their growth and make acquisitions
or capital expenditures. This dependence frequently conflicts with the principals’ desire to take capital out of the
business after many years of investing.
A number of internal factors can also affect the value of small companies. Because of their size, they may lack strong
financial controls and information systems, depth of management and geographical reach. Their status as Sub S
corporations, while beneficial in terms of tax treatment, may mean they do not have standard cost systems or books that
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4. conform to generally accepted accounting principles. Moreover, the principals may be hesitant to assume the additional
risks of making acquisitions, adding product lines, expanding production capacity or investing in capital equipment and
systems.
PORTFOLIO COMPANY
The type of Client Company we choose to align ourselves with will be able to create and sustain its market position with
superior products, services, cost structures and / or proprietary skills of its employees. A typical company we invest in
or procure capital for has the following qualities:
 Revenues of $500,000 or more and operating cash flow of $100,000 or more (we will entertain smaller criteria)
 Dedicated and capable managers willing to take steps necessary to improve the value of their business
 A leading market position and a valuable franchise
 Predictable cash flows and opportunity for growth
 Low exposure to the risks of technological obsolescence
 Identifiable opportunities to enhance financial performance by improving growth, operating margins and capital
efficiency
FINANCING TYPES
Investments take a variety of forms ranging from straight equity, hybrid, or debt. All of our principal and agency
transactions involve a significant degree of equity participation, which is commensurate with the risk and is essential to
achieving our objective of capital appreciation. Our transactions fall within four general categories:
Expansion Financing
Rapidly growing companies usually require outside capital to fund their growth. Adequate bank financing is often
unavailable, and secondary public offerings may be premature. Wakabayashi Fund provides capital from an agency /
principal basis to support growth and improve growing companies’ access to financing from banks or other institutions.
Early Stage Financing
Wakabayashi Fund provides capital to early stage companies with innovative products or services and strong potential
for rapid growth. Such companies should have strong indications of customer demand and a seasoned management
team that can quickly and efficiently produce significant sales and earnings.
Management Buyouts
Managers who have the opportunity to acquire businesses usually need outside capital and financial expertise to
complete such transactions. Wakabayashi Fund may assist in providing the required equity capital as well as leadership
in organizing additional financing.
Recapitalizations
Owners of small‐cap and mid–cap companies often need liquidity but do not necessarily desire to sell their companies.
Wakabayashi Fund organizes and arranges financing recapitalizations to provide liquidity and address the financial
issues facing owners of such businesses.
ARRANGING FINANCING
Written communication is the best way to contact us initially. After a cursory review and discussion of your business,
we can provide an indication of how we might work together. If the opportunity is not aligned with our investment
interests, we may be able to refer you to other financial sources.
If, on the other hand, the opportunity matches our interests, we will want to spend time with company management to
gain a thorough understanding of the following areas:
 Feature of your product service and space
 Market strategy
 Characteristics of the market served and competition
 Expansion plans
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5.  Management teams
 Financial data‐historical projections
 Use of funds
The time required to complete a financing/increased liquidity including initial screening, due diligence, legal
documentation and closing varies, but can generally be accomplished within week
WAKABAYASHI FUND RESOURCES
Wakabayashi Fund maintains relationships with a large group of equity investors with whom we may co‐invest and also
with lenders who can provide senior and subordinate debt. The firm enjoys established relationships with a large
number of commercial banks, venture capital firms and hedge funds and has extensive experience structuring and
managing equity and debt financings.
Not only do we draw from our principals’ direct experience but also on an extensive network of relationships in the
industry. The firm can bring considerable resources to bear on business problems ‐ resources that are rarely available
to small companies.
The firm is committed to generating superior returns for company owners and management teams by building on
strategic, operating and financial expertise of the principals. Once a transaction is executed, Wakabayashi Fund
maintains and agreed upon involvement with the portfolio companies and their owners and managers, keeping close
track of financial performance and strategic progress.
INVESTOR RELATIONS
As one of 43,000+ publicly traded companies, you know that stock is as valuable as key personnel or great ideas. But,
often, a firm’s stock remains hidden or overlooked by brokers, market makers and financial analysts. It is Wakabayashi
Fund’s Investor Relations mission to bring your enterprise before the proper institutional audience while, at the same
time, bracketing out any market vagaries that might hinder raising capital, commencing acquisitions or increasing
visibility.
Most of our customers are found in the small‐cap and mid‐cap sectors and they tend to be undercapitalized and show
low performance in liquidity and volume while trading. They are not closely followed by the professional investment
community and, almost always, there is very limited sell‐side analytical coverage and retail market making support.
To bring a client into the spotlight Wakabayashi Fund introduces company representatives to both sell‐side and buy‐
side analysts. Further introductions are made to retail brokers, market makers and larger corporate finance entities.
These activities are bolstered by direct contact with fund managers, telephony, news releases, e‐mail and fax campaigns,
Internet presence and road shows. Over the past 25 years, Wakabayashi Fund has compiled a database of personal
contact information for over 48,000 broker / dealers in corporate and branch offices, venture capital firms, private
equity, most domestic and offshore hedge funds, registered market makers and traders within the OTC community.
Through vertical integration Wakabayashi Fund delivers utility in many areas both on and off the balance sheet. Our
constant objective is to maximize a client company’s shareholder value and we never waiver from this one purpose.
INSTITUTIONAL RELATIONSHIPS
Our entire premise is based on established relationships and our reputation for consistently delivering relevant
information and insight. Our extensive database is the product of our efforts over the last 25 years.
We develop and maintain personal, one‐to‐one contact with each person / institution within our database. The
continuous cultivation of our institutional relationships positions Wakabayashi Fund as a strategic and useful resource‐
and keeps our clients on the radar screens of influential decision makers on a consistent and ongoing basis.
We aspire to develop customized campaigns in perfect alignment with our clients’ objectives that help increase visibility
and research coverage, build and augment institutional ownership and generate higher trading volume.
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6. Our philosophy is based on solid financial experience integrated with investment research and strategic marketing.
Using a coordinated and customized approach, we strive to create long‐term relationships with shareholders and
prospective investors. We discover and then disseminate highly targeted detailed reports to key institutional contacts
within the professional investment community consisting of pension funds, hedge funds, private equity, venture funds,
securities analysts (buy‐side/sell‐side), stockbrokers and institutional investors. Utilizing established relationships, we
inspire investment interest and generate quantifiable results.
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7.
Wakabayashi Fund LLC
Management
Tadaharu Wakabayashi, Chairman / Director / Co‐Founder
Janette Dillerstone, CEO / Director/ Co‐Founder
Technology / Marketing / IR Institutional Sales, Private Equity Administrative / Compliance
William Dillerstone, CIO / Director Shruti Khurana, President John Castillo, Sr. VP Institutional
Institutional Sales Sales
Dexter Daran, Chief Technology Officer
Accounting
Bernadeth Daran, Blog Editor Koji Hanazawa, Sr. VP Institutional Sales
Mhervie Claire Castillo, Sr. VP
Paul Pintor, Sr. VP Institutional Sales Business Development Asia
Cherrie Tongko, Business Development
Manager Michelle Perillo, Sr. VP Institutional Sales Hiroshi Sakuma, CPA, Accountant,
Tim Bergquist, Researcher / Writer Advisory Board
Jacque Tongko, Sr. VP Institutional Sales
Mercy Serapio, Translator
Mahesh Shah, Sr. VP Institutional Sales
Tom Eck, Sr. VP Institutional Sales
David Van Vort, Sr. VP Institutional Sales
Curtiss Parker, Sr. VP Institutional Sales
Joseph Ede, Sr. VP Institutional Sales
Johannes Woelders, VP Institutional Sales
Joseph Choi, VP Institutional Sales
Bhaskar Singh Negi, VP Institutional Sales
Ric Perillo, VP Institutional Sales
Jeff Kusumoto, VP Institutional Sales
Yeshwant Trasi, VP Institutional Sales
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Mike De Kleer, VP Institutional Sales
John Harter, VP Institutional Sales

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Our firm is a global network of offices and practices led not by one person, but by our partnership
group.
We are not a corporation tied to earnings pressures, but a firm free to take a long‐term perspective on
issues like expansion and client service.
Leadership in the firm is not about rising above the rest, but helping others – Consultants and Clients –
to exceed their own expectations; We are all equal.
Impact, Reach, Influence are direct traces to the Wakabayashi Fund’s vision, energy, relentless
determination and our selfless commitment to our clients.
Tadaharu Wakabayashi
Chairman / Director / Co‐Founder / Philanthropist
Mr. Wakabayashi establishes and maintains client relationships with clients of Wakabayashi
Fund LLC. Formerly Director and Co‐Owner of Miyuki Hotels and Real Estate throughout Japan,
Mr. Wakabayashi affiliations with numerous civic and charitable organizations and committees
have been proven through his philanthropic activities and sponsorship.
In September 2009, Mr. Wakabayashi was appointed as the Ambassador of Okinawa from the
Chura Islands in Okinawa.
Mr. Wakabayashi holds a Bachelor’s Degree in International Business, Banking and Finance from
Meiji University, Tokyo, Japan. He is fluent in Japanese and English. He resides in Tokyo and his
most enjoyable time is spent with his grandchildren, Tyler and Madeleine Diller‐Stone.
Janette Dillerstone
CEO / Director / Co‐Founder / Philanthropist
Janette Dillerstone is one of the initial co‐founders of Wakabayashi Fund and is responsible for
the fund’s marketing and trading as well as originating new investments, provides analytical and
strategic support, research analysis and Marketing/IR on all industry sectors. She is responsible
for all marketing at the brand, product, industry, service and field content level as well as being
responsible for the delivery / execution of marketing plans / content and ensuring that all
programs interface smoothly.
Janette Dillerstone was formerly Director of Marketing and Public Relations for Giorgio Armani
and Simint Inc., Italy / USA. With her background in marketing and public relations and her
fluency in seven languages (English, Japanese, Mandarin, Taiwanese, Spanish, Portuguese, and
semi‐fluent in Cantonese, Arabic and Farsi), she has represented some of the following:
The U.S. Chamber of Commerce at the World Fashion Trade Fair
The United States Board of Cosmetic Surgeons throughout Asia and Latin America
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9. The United Nations as interpreter for Chinese Trade and Commerce
Director of Trade Expansion between Brazil, France and the United States on behalf of President
F. Collor De Mello (Brazil) and President Francois Mitterand (France)
Director of Public Relations – Chamber of Commerce, Westport, CT
Janette Dillerstone has served / serves on the board and committees or is a member of the
following:
Amnesty International, Japan Chapter
Founder of Invest in Japan
Junior League of Fairfield County
Junior League of La Jolla
Young Women’s League
Scripps Institute of Oceanography
Cornell University’s Baker Institute Fund Raising Committee
Chairman and Director of La Casa De La Esperanza Orphanage in Mexico
Adopt a Dog Organization, Greenwich CT
A Director and honorary member of the Westport Teen Youth Commission
Honorary Lifetime Member of WIZO (Women’s International Zionist Organization) for her
exemplary contributing efforts to women and children in need
She was appointed as a nominee for the 2007 International Asian‐American Leadership Awards.
Ms. Dillerstone volunteers in fundraising and marketing with various orphanages and foster care
programs throughout Japan and Asia.
William Tyler Diller‐Stone
Chief Information Officer / Director
Mr. Diller‐Stone’s background, grounded in IT, web marketing and research, includes traditional
and internet marketing experience with a wide variety of sectors. Mr. Diller‐Stone manages the
IT / Web Marketing for Wakabayashi Fund. He has extensive experience with website design,
analysis, functionality, e‐commerce and profitable business relationships with clients. He speaks
English fluently and semi‐fluent in German and Japanese.
He obtained his Masters of Information Systems Management from Carnegie Mellon University;
Bachelors of Science in Information Systems from Carnegie Mellon University.
Dexter V. Daran
Chief Technology Officer
Mr. Daran’s primary responsibilities are overseeing website marketing and ecommerce
development for all clients. Additional responsibility is call center management for our
proprietary call center based in Manila, Philippines. Mr. Daran has experience in call center
management for many large companies including HSBC. Mr. Daran is fluent in English and
Tagalog. He manages all advertising for Wakabayashi Fund LLC as well.
Mr. Daran received his B.S. in Business Administration, Dela Salle University / College of Saint
Benilde.
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10. Shruti Khurana
President, Institutional Sales (International)
Mrs. Khurana’s primary responsibility for Wakabayashi Fund, LLC. is business development /
Institutional Sales internationally. Additionally, she helps lead our marketing agenda for the firm.
Mrs. Shruti has deep international marketing skills that she brings to Wakabayashi.
Formerly, Mrs. Shruti was the Marketing Manager for IMI Norgren Herion Pvt. Ltd., a motion and
fluid control technology firm for various industry sectors. Prior to IMI Norgren, she was a part of
the global graduate programme of IMI plc., whereby, she undertook various marketing and
project management roles and initiatives while placed in Poland, China, US and India. IMI plc. is a
dynamic, global company providing engineering solutions to its customers worldwide.
Ms. Khurana has received her Professional Diploma in Marketing, Chartered Institute of
Marketing (CIM), UK; Bachelors in Business & Management Studies, University of Bradford, UK;
Advanced Diploma in Business & Management Studies from the Management Development
Institute of Singapore
Koji Hanazawa
Senior Vice President, Institutional Sales (Asia) / Business Development (Japan)
Mr. Hanazawa’s principal activity with the firm is head of Asia’s Business Development
Operations. Mr. Hanazawa has spent over 30 years with Mitsubishi prior to joining Wakabayashi
Fund LLC. His role with Mitsubishi was expansive entailing leading one of the world’s largest
trading conglomerates expansion efforts to many overseas countries and was charged with all
financial analysis and corporate finance activity. Mr. Hanazawa brings a wealth of managerial
experience and a substantial international network of contacts to Wakabayashi Fund LLC. Mr.
Hanazawa is fluent in English and Japanese.
He received his B.A. in Commerce from Keio University, Tokyo, Japan
John Castillo
Sr. Vice President, Institutional Sales / Accounting
Mr. Castillo’s principal responsibility is Business Development within Asia. He oversees
Institutional Sales as well as research and analysis including business evaluation and corporate
finance. Mr. Castillo has a deep experience within the global banking and marketing industry
throughout the Pacific Rim from his years at the Bank of the Philippine Islands and BPI Bank in
the Philippines. Based in our Tokyo office, Mr. Castillo’s principal objective is heading the
accounting department, institutional sales and business development for the firm. He is fluent in
English, Tagalog and semi –fluent in Japanese.
Mr. Castillo received his B.S. in Banking and Finance from Polytechnic University of the
Philippines.
Mhervie Claire Castillo
Sr. Vice President, Business Development, Asia / Institutional Sales
Mrs. Castillo is a seasoned business operation professional with experience implementing
effective communications and marketing to the Asian market. She specialized in overseeing
the transfer of intellectual property portfolios between companies and conducting necessary due
diligence activities. She is fluent in English, Japanese and Tagalog.
Mrs. Castillo received her B.S. in Banking and Finance from Polytechnic University of the
Philippines.
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11. Paul Pintor
Senior Vice President, Institutional Sales (North America)
Mr. Pintor brings over 25 years of industry experience to Wakabayashi Fund, LLC. Mr. Pintor’s
expansive career entails Investment Banking, Real Estate and Oil and Gas. Formerly, Mr. Pintor
was an OSJ Branch Owner‐Operator for Morgan Spaulding Securities and worked as a Series 7,
22 and 63 Registered Representative for La Jolla Capital.
Mr. Pintor’s primary responsibilities are largely skewed to business development throughout
North America. Further responsibilities are directed to negotiating transactions and corporate
strategy.
Michelle Perillo
Sr. Vice President Business Development / Institutional Sales
Ms. Perillo manages operations and provides overall support to the Wakabayashi Fund Team.
She is responsible for program launches, competitive positioning and client presentation
material. She is fluent in English and Tagalog.
Ms. Perillo received her B.S. in Business Administration in Business Management from the
Philippine School of Business Administration. She is actively involved in numerous charitable
organizations and committees in the Philippines.
Jacque Tongko
Senior Vice President, Institutional Sales
Ms. Tongko’s primary responsibilities include new client lead generation. Ms. Tongko works
with the Executive team with clients from startups to leading global teams. Ms. Tongko has a
substantial background in managing in‐bound / out‐bound international call centers. Previously,
she worked with Mellon Investor Services as an Investor Representative and an analyst with US
Airways. She is fluent in English and Tagalog.
Ms. Tongko received her B.S. in Tourism at ABE International College.
Mahesh Shah
Senior Vice President, Institutional Sales
Mr. Shah brings 20 years experience to Wakabayashi in the areas of business development, audit
and tax and corporate finance acumen. He has attained bottom‐line profitability for companies
throughout North America, Europe and the Middle East, working both autonomously as well in
dynamic team environments. Mahesh has deep experience and knowledge in the public listing
process for companies on the NYSE, NASDAQ and S&P 500 as well as Merger’s & Acquisitions.
Previously, Mr. Shah has owned and operated High Point, LLC., a Business of Finance Consulting
firm. Prior to High Point, LLC., he worked as CFO for Info Systems, Inc., in the U.S. and Bombay
and was chief accountant for Howard Johnson, Dubai UAE. Throughout the later part of the
1980s till 1995, he served as Internal Auditor for Khimji Ramdas, Muscat, Oman, a business
import/export company with over $1B USD in sales.
Mahesh’s primary responsibility is business development/institutional sales for Europe and the
Middle East.
Mr. Shah received his Bachelor of Commerce from Mumbai University, India, He is a member of
the Institute of Chartered Accountants of India / CPA Certification in process.
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12. Tom Eck
Senior Vice President, Institutional Sales (West & Southern Africa)
Mr. Eck brings expertise in operations’ due diligence and risk management to Wakabayashi
Fund. He has extensive experience in risk management in West Africa with international credit
rating agencies and multinational financial institutions who specialized in providing services to
small‐medium size companies. He is based in Ghana and his principal responsibility is business
development/institutional sales in West Africa and Southern Africa.
His principal objective is to source deals from public companies listed on the stock exchanges in
Sub‐Sahara and also work as placement agent. He is fluent in English and currently learning
French. He studied public relations and multinational corporate finance and currently he is an
online student of Chartered Alternative Investment Analyst (CAIA) of USA.
David Van Vort
Senior Vice President, Institutional Sales / Investment Banking
Mr. Van Vort brings over 30 years of corporate finance and Investment Banking experience to
Wakabayashi Fund. His primary areas of concentration are deal structure and placement
emphasis. Currently, Mr. Van Vort is President of Capital Group Advisors, Inc. a private
investment banking network with offices and affiliates in the USA, Canada and Australia. He has
advised numerous companies on going public, securing funding, and post trading media
campaigns to secure further investor attention. More recently, he ran a 200 man private
placement funding group that raised funds for European companies seeking to go public in the
U.S.A.
Curtiss Parker
Senior Vice President, Institutional Sales
Mr. Parker brings a wealth of 25 years of experience within the Investment Banking arena.
Previously, Mr. Parker was Managing Director of Bear Sterns Co. and prior to Bear Sterns, Mr.
Parker was associated with Donaldson, Lufkin & Jenrette and Lehman Brothers, both, as a
corporate officer. Most recently, Mr. Parker was a partner at the Boston Group.
Joseph Ede
Senior Vice President, Institutional Sales
Joseph Ede brings a deep international track record to Wakabayashi Fund LLC. He has
consistently delivered measured profitability by identifying operational improvements for
Fortune 500 companies, including Tyco, Simplex Grinnell, Sun Trust, Swatch, Nestle, Tetra Pak
and RJ Reynolds. Previously, he was V.P. Finance Asia for Swatch Group Asia, Hongkong,
Singapore. The world’s largest manufacturer and seller of branded fashion, luxury watches and
jewelry. Most recently, Mr. Ede was CFO for Safemark Systems, USA & China. Prior to Safemark,
he was employed with Resources Global & CRC Results, Los Angeles‐ Big 4 CPA consulting firms
as Senior Project Manager. Prior to Swatch Group, he was Chief Financial Officer for R.J. Reynolds
International in Russia whereby, he was charged with the turnaround of R.J. Reynolds various
business investments. Before R.J. Reynolds, He was General Manager and Financial Controller for
Nestle Companies International, Uzbekistan, Pakistan, China and Malaysia and also worked as
Finance Director for Tetra Pak in Switzerland, England, Turkey and the Czech and Slovak
Republics.
Education: Doctorate, Major: Corporate Governance Business School Lausanne,
Lausanne, Vaud, Switzerland
Master of Business Administration‐Management
Advance Institute of Management, Nyon, Vaud, Switzerland
Fluent in French, English, German, conversational Chinese and Spanish
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13. Johannes Woelders
Vice President, Institutional Sales
Mr. Woelders comes to Wakabayashi Fund as a recent Master graduate student from the
University of Twente, Enschede, and the Netherlands with the completion of his MSc course in
Business Administration‐ MBA. His primary responsibility is business development throughout
Europe. He brings complete acumen in financial analysis and econometrics. He is fluent in Dutch,
English and semi‐fluent in German and Japanese.
Mr. Woelders received his MBA at the School of Management and Governance, University of
Twente, Enschede, the Netherlands. He received his BSc in Business Administration at the
School of Economics and Business Administration, VU University Amsterdam, Amsterdam, the
Netherlands.
Joseph Choi
Vice President, Institutional Sales
Mr. Choi brings an extensive track record of success within the Banking Industry – successfully
originating loans and structuring financing for public and private companies globally. His
primary area of concentration for the firm is business development throughout the U.S. and Asia.
Previously, Mr. Choi was employed with Union Bank of California, V.P. Business Development
Officer, California Bank & Trust, Mission Oaks National Bank and Commerce Bank of Temecula
Valley as V.P. Business Development Manager and corporate officer which led to structuring and
launching of the banks SBA department. Mr. Choi received his B.A. from the University of
California, Irvine.
Bhaskar Singh Negi
Vice President, Institutional Sales
Mr. Negi brings a confluence of industry expertise to the firm. Mr. Negi has been involved in the
capital markets and analytical side of the business and partner of Fortune Capital Services. His
primary concentration with Wakabayashi is institutional sales and business development
throughout India, Asia and North America.
Mr. Negi received his B.E. (Electronics & Communication Engineer) from G.B. Pant Engg. College
PGDM, T.A. Pai Management Institute
Ric Perillo
Vice President, Institutional Sales
Mr. Perillo works with the executive team handling all rules, regulations and compliance policies
of the Wakabayashi Fund LLC. He has extensive managerial experience in Human Resources and
Accounting / Payroll. Mr. Perillo studied at the University of Manila with an emphasis on Hotel
and Restaurant Management. Mr. Perillo has an extensive and successful history in Hotel
Management. He is fluent in English and Tagalog.
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14. Jeff Kusumoto
Vice President, Institutional Sales
Mr. Kusumoto’s primary responsibility with Wakabayashi Fund LLC is business development
with a primary concentration within the South Korean and Japanese markets. Jeff brings a
significant operating and management history to Wakabayashi Fund. He has served in
managerial roles over the past 15 years with companies Apple Japan K.K., Intel Japan K.K., and
Toshiba Corporation Japan. Mr. Kusumoto is fluent in English and Japanese.
Mr. Kusumoto attended the University of California, Santa Cruz and eventually received his BA in
International Economic from the International Christian University, Tokyo Japan.
Yeshwant Trasi
Vice President of Business Development, India
Mr. Trasi brings a wealth of consulting experience & venture capital private equity experience to
Wakabayashi Fund LLC. Mr. Trasi’s demographic concentration is in India. Yeshwant has hands‐
on senior management and board level cumulative work experience spanning 41 years providing
strategies to execution in various functional disciplines in a multitude of sectors. Mr. Trasi’s
responsibilities will be Business Development for India. Mr. Trasi holds a number of
distinguished and professional designations along with Certified Management Consultant / CMC,
also a United Nations consultant and Freelance Development Journalist and Editorial contributor
for the United Nations and has also served as a U.N. Special Human Rights Reporter.
John Harter
Vice President, Institutional Sales
John Harter brings to Wakabayashi Fund extensive Investment, Banking, trading and consulting
experience. His primary area of concentration is institutional sales – business development
throughout North America as well as negotiating transactions. John was previously an
Investment Banker at Drexel, Burnham, Lambert & Co. as well as Sr. V.P. First Boston. Also, Mr.
Harter was National Sales Director for Sears and Roebuck and Managing Director, La Jolla
Arbitrage, La Jolla, CA.
Mr. Harter received his B.S. in Business Management from Ohio University and his MBA from
Ashland College (Ashland Ohio)
Mike De Kleer
Vice President, Institutional Sales
Mr. De Kleer brings to Wakabayashi Fund experience in Investment Banking and currency
trading. He also has a depth of experience in the HR Industry with post graduate
qualifications in Human Resource Management. He was previously employed with Monaco
Securities Ltd. and Tokiwa Investments Co. (Tokyo). His primary area of concentration is
Institutional Sales throughout Asia and North America. He is fluent in Japanese and English.
Mr. De Kleer received his Post graduate Degree Human Resources Management, Murdoch
University Business School and Bachelor’s Degree from Murdoch University.
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15. Bernadeth Daran
Blog Editor
Mrs. Daran brings a deep level of skillset to Wakabayashi Fund LLC. The primary concentration
is to develop our marketing and communication agenda for Wakabayashi Fund’s clients over the
internet through blogging and story journaling coupled with website optimization for client
press releases. Mrs. Daran has authored a book, “Simplified, Exemplified Algebra,” and is also a
Mathematics Professor for the University of Makati.
Mrs. Daran has received her Master’s in Mathematics from De La Salle University; Master of Arts
in Instructional Media and Design from the University of Makati; Master of Science in Teaching
Mathematics from the Ateneo de Manila University; and a BS in Math for Teachers from the
Philippine Normal University.
Cherrie Lynn Tongko
Business Development Manager
Ms. Tongko’s primary responsibility for Wakabayashi Fund is global business development for
the Institutional Sales group of Wakabayashi Fund, LLC. Her areas of concentration is largely
conveyed to English speaking nations and is one of Wakabayashi Fund, LLC.’s leading business
development managers.
Ms. Tongko received her B.S. in Computer Information, AMA Computer College
Tim Bergquist
Consultant
Mr. Bergquist brings to Wakabayashi Fund a strong level of marketing and web development and
database management experience. His primary focus is marketing, research and e‐marketing
applications for our portfolio companies.
Mr. Bergquist received his education from Warren Wilson College in North Carolina.
Hiroshi Sakuma
CPA / Accountant / Advisory Board
Mr. Sakuma manages all accounting, payroll, bookkeeping and tax services for Wakabayashi
Fund LLC. He was previously employed by NEC Corporation, Arthur Andersen, Coopers &
Lybrand, Smith Barney International Inc. and Salomon Brothers Asia LTD. Mr. Sakuma owns and
operates his own company, The Sakuma CPA Office and AC Outsourcing Co. Ltd (Tokyo, Japan).
Mr. Sakuma is fluent in English and Japanese.
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