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Daniel J. Altobello is an Independent Director of JER Investors Trust Inc. Since 1991 Mr. Altobello has been chairman of Altobello Family LP. Mr. Altobello also served as chairman of the board of Onex Food Services Inc. the parent corporation of Caterair International Inc. and LSG/SKY Chefs from 1995 to 2001. From 1989 to 1995 Mr. Altobello was the chairman chief executive officer and president of Caterair International Corporation. He currently serves on the board of directors of MESA Air Group World Airways Inc. and Friedman Billings Ramsey Group Inc. the parent company of Friedman Billings Ramsey & Co Inc. In addition Mr. Altobello serves on the board for a number of non-public entities Diamond Rock Hospitality Trust and Mercury Air Group and the Advisory Board of Thayer Capital Partners. | 