Walter Thomas Beach

Beach Investment Counsel, Inc. is an independent, SEC-registered investment advisor and wealth management firm headquartered in West Conshohocken, Pennsylvania. The firm was founded by Thomas E. Beach and Walter T. Beach in 1996. Beach Investment Counsel provides discretionary investment advisory services and management services to individuals and institutions with separately managed accounts. The firm also provides discretionary investment advisory services and management services to Mill Creek Investment Partners, L.P., each a pooled investment vehicle intended for sophisticated investors and institutional investors.

Founded in 1970, Widmann, Siff & Co. is an investment advisory firm that manages investment accounts for individuals, pension and profit sharing plans, corporations, family trusts, IRAs, 401(k)s and 403(b)s and Taft Hartley plans. The firm is based in Exton, Pennsylvania. They are a subsidiary of Valley Forge Asset Management Corp. Their ultimate parent is Susquehanna Bancshares, Inc. (NasdaqGS: SUSQ).

Essex Financial Services, Inc. (Essex Financial) is a registered investment advisor headquartered in Essex, Connecticut. The firm was founded by John W. Rafal in 2003 as John W. Rafal & Associates, Inc. They are a wholly-owned subsidiary of Essex Savings Bank. Essex Financial provides portfolio management services to individuals, high-net worth individuals, corporations, corporate pension and profit-sharing plans, Taft-Hartley plans, trusts, estates, charitable institutions, foundations, endowments and municipalities.

Founded in 1997, Beach Investment Management LLC is a hedge fund manager located in West Conshohocken, Pennsylvania. The firm provides discretionary investment advisory services and management services to Garden Lane Investment Fund Ltd. and Mill Creek Investment Partners LP.

RAI Acquisition Corp. is a blank check company initially targeting businesses in the financial services industry, other than extensively regulated businesses. Preferred targets include alternative asset managers, private equity or venture capital firms, funds of funds firms, and other money managers not required to register under the Investment Advisers Act of 1940. The company's funds will be held in a trust account and released upon completion of an initial business combination. The initial business combination must have a fair market value of at least 80% of the balance of the trust account and represent a majority of the target's voting equity interest. If no initial business combination is completed within 24 months, the company will liquidate. RAI Acquisition Corp. was organized by Resource America, Inc. in December 2007. The company's headquarters are in Philadelphia, PA.