Talent, Experience and Expertise

Beyond Forestry was formed in 2009, and is part of Beyond Mutual Investments group, which also includes a leading research and development (R&D) group and plants production facilitator, Galiltec Beyond Technologies. Beyond Forstry is also the project management company of The Greener World S.C.A. SICAR, which is a European Investment vehicle. Our cross-functional management team includes a diverse group of prominent specialists in the fields of finance, forestry and agriculture.
Eran Zakut CEO
Eran possesses more than 18 years of experience in the trading and delivery of agricultural commodities and
consumer goods. In prior roles, he was responsible for establishing global commodity trading networks
incorporating farmers, manufacturers and mass market retailers. In addition, he developed private label product
lines for various leading Israeli chain stores, designing and implementing the process from raw material and
product sourcing to logistics and marketing of the final products. Eran holds an LLM degree from Bar-Ilan
University in Israel.


Amnon Ronen Director, Agricultural Operations
Amnon has more than 30 years of experience in establishing high-yield plantations worldwide. He is a leading
authority in commercial scale clone production. Amnon pioneered the development of bananas from tissue
cultures, and developed a unique forestry growth concept of intensive plantations based on advanced
technology. He has also developed high-yield energy plantations to produce biomass.
For Beyond Forestry, he is responsible for planning and managing all agricultural projects. This includes all
professional aspects such as plantation plans and irrigation systems. In addition, he oversees all infrastructure
design to include roads, fences, drainage, fertilizing, pest and weed control, along with labor force
management. Amnon studied agriculture and business management at Haifa University.


Ilan Cohen Director, Field Operations
Ilan leads all operational aspects of Beyond Forestry's business including cloned plant development and
production, equipment and materials. He is responsible for planting, silvicultural activities, harvesting and
managing the teams in the laboratories, nurseries, greenhouses and in the field. He has 30 years of experience
in establishing and managing plantations, nurseries and greenhouse projects globally. His credits include
managing projects for Dole, Chiquita and Del Monte. Ilan studied agriculture at Rupin Institute.



Dr. Alex Finkral Director, Forest Management
Alex is an assistant professor of Forest Management at Northern Arizona University's School of Forestry. In
addition, he has consulted on a variety of forestry projects in both temperate and tropical ecosystems. In his
role with Beyond Forestry, he oversees forest management activities related to teak plantation management
including silvicultural prescriptions, the growth and development of the teak stands, wood quality, log pricing,
and site selection. Alex holds a BS in natural resource management from Colorado State University, and MF and
PhD degrees in silviculture from Yale University where, for nine years, he managed the university's school
forests.


Matthew J. Haertzen, CFA Director, Portfolio Strategy
Matthew is responsible for financial analysis, the revision and refinement of any financial models, investment
selection and investor relations for Beyond Forestry. His background spans both academia and fund
management. He is a lecturer of finance at the W.A. Franke College of Business at Northern Arizona University
(NAU). He is also a consultant for Cogent Partners and portfolio manager for the Cambium Global Timberland
Fund, reviewing investment decisions. Previously, he was the CIO for the state of Idaho's endowment fund,
where he was responsible for managing $1.2 billion and performed portfolio analysis for the real asset
committee responsible for nearly $2 billion in timberland. Matt holds an MBA in finance and strategic
management from the University of Minnesota's Carlson School of Management, and a BA in economics and
business from the University of Minnesota, Morris. He has earned the Chartered Financial Analyst designation.


Dr. Art Selender Director, Risk Management
Art brings to Beyond Forestry a wealth of experience in portfolio allocation, fund management, hedging and
derivatives strategies. He assesses the risk and return profiles of any projects undertaken by Beyond Forestry.
In earlier positions, he played a pivotal role in the establishment of Cambium Global Timberland Fund, which
raised £108m and is publicly traded on the London AIM Exchange. Art was on the investment committee and is
responsible for foreign exchange hedging. He has also held senior positions at Goldman Sachs, McKinsey and
NatWest Bank. Art holds a PhD and MBA from the University of Chicago Graduate School of Business, and BA
degrees in chemistry, mathematics, economics and history from Duke University.


Ricardo Beasou Forest Science Engineer
Ricardo has 25 years of experience in the forestry business, and is the lead forest coordinator for Beyond
Forestry's agriculture partner, Galiltec Beyond Technologies. He is responsible for the management of Galiltec
clients' forestry plantations, providing clients with technical proficiency in line with Galiltec's well-established
intensive plantation concept. He leads silvicultural practices pertaining to forestry, and is responsible
forinfluential research concerning growth rates, tree behavior, and yield interpretations. He graduated from
Universidad Autónoma de Nuevo León, México.


Nicholas C. Endelman Director, Business Development
Nicholas oversees all business development and investor relations for Beyond Forestry worldwide. He is the first
point of contact for potential investors and will be responsible for developing international timber sales. In a
prior role with MF Global, part of Man Group, he built and cultivated relationships with customers ranging from
institutions and funds to high net-worth individuals across multiple product lines and service requirements. This
included the construction of portable alpha overlays, hedging and risk management strategies. Nicholas holds a
BA Honours degree in accounting from Liverpool University.


Lior Ishai COO
Lior is responsible for establishing and maintaining all of Beyond Forestry's organizational infrastructure such as
computing and databases, as well as leading the organization's marketing efforts. He serves as the liaison
between Beyond Forestry and its agricultural partner, Galiltec Beyond Technologies, coordinating workflow,
processes and internal systems. In prior positions, he has managed teams in maintenance, installation and
development processes for the leading mobile carriers in Israel and for internet firms globally. Lior holds a BA in
management and communications from Tel Aviv Open University.


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