Stefan Heieck

Absolute Capital Management Spain SL (ACMS) was a wholly-owned subsidiary of the alternative investment firm Absolute Capital Management Holdings Ltd. (LSE: ACMH). Based in Palma de Mallorca, the firm provided research and analysis to ACMH's long/short equity funds. ACMH is a fund management company founded in 2005 to take over the business of FM Ltd. The group has offices in Switzerland, the Cayman Islands, the UK and Poland. Their Spanish office ACMS ceased operations late 2008.

The Group's principal activity is that of a fund management company. It focuses on delivering investment returns through the management of absolute return funds which primarily target European capital markets. The Group is also focused on ensuring that its business can accommodate organic growth, the acquisition of complementary funds and teams and the development of an integrated fund management business.

Elphinstone GmbH provides brokerage services. The private company is based in Vaterstetten, Germany.

Velocity Verwaltungs AG provides alternative investment advices. The company was founded by Stefan Heieck and Frank Siebrecht in 2009 and is headquartered in Zurich, Switzerland.