
	Mr. Stuart A. Rothstein serves as member of the investment committee of ARM Manager, LLC. Mr. Rothstein has been the Chief Executive Officer and President of Apollo Commercial Real Estate Finance, Inc. since March 15, 2012. He served as the Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary of Apollo Residential Mortgage Inc. until January 1, 2014. He served as the Chief Financial Officer, Treasurer and Secretary of Apollo Commercial Real Estate Finance Inc. from September 2009 to April 1, 2013, and served as its Principal Accounting Officer until April 1, 2013. He served as the Interim Chief Executive Officer of Apollo Residential Mortgage, Inc. He joined Apollo in 2009. He was Co-Managing Partner of Four Corners Properties. He was the Chief Financial Officer and Executive Vice President at Aegis Realty, Inc. Mr. Rothstein served as the Chief Financial Officer of Spieker Properties LP and Spieker Properties, Inc. from September 1999 to July 2001. He was responsible for the management and control developing and implementing all aspects of its corporate financial strategy of Spieker Properties LP&#39;s financial matters and capital market activities. Since joining Spieker Properties LP in 1994, he was responsible for rising over $4 billion of capital in various public and private market transactions. He was employed at Price Waterhouse. Mr. Rothstein was Managing Director at RBC Capital Markets, responsible for the West Coast Real Estate Investment Banking practice. He served as an Executive Vice President and Chief Financial Officer of American Mortgage Acceptance Company from 2002 to March 31, 2004 and Executive Vice President of AMI since September 2002. Mr. Rothstein served as an Officer of American Mortgage Acceptance Company since 2002. He served as the Chief Financial Officer, Chief Accounting Officer and Executive Vice President of Centerline Holding Company. until March 31, 2004. Mr. Rothstein also served as an Executive Vice President and Chief Financial Officer of Related Charter, the general partner of Centerline Holding Co. Mr. Rothstein served as acting Chief Financial Officer of KKR Financial Holdings LLC until May 2005. From August 2002 to March 2004, he was an Executive Vice President and Chief Financial Officer of the Related Capital Company, also serving as Chief Financial Officer for three then publicly traded operating companies, Centerline Capital Group (formerly CharterMac), American Mortgage Acceptance Company and Aegis Realty. He serves as a Director of Apollo Residential Mortgage Inc. He has been a Director of Apollo Commercial Real Estate Finance, Inc. since March 15, 2012. From January 2005 to March 2006, Mr. Rothstein served as a Director of KKR Financial Advisors LLC. From May 2004 to December 2004, he was a Director at RBC Capital Markets, responsible for the West Coast Real Estate Investment Banking practice. Mr. Rothstein graduated from Pennsylvania State University with a Bachelor of Science degree in Accounting and received his Masters in Business Administration from Stanford Graduate School of Business. Mr. Rothstein is a Certified Public Accountant in the State of New York.
