Team

	TONY CLINCH Non-Executive Chairman-Elect Joined The Valence Group in 2010 as Non-Executive Chairman Elect Senior Advisor to CVC Capital Partners Non-executive director of Taminco Group Holdings Sarl Joined CVC Capital Partners in 1987 and ran chemicals investments until 2007 as Managing Director Previously with Citibank in a number of managerial roles in Corporate Banking Chartered Engineer and a Member of the Institution of Engineering and Technology B.Sc. in Aeronautical Engineering and an M.Sc. in Management Science and Operational Research from Imperial College, London Member of the Advisory Board of Imperial College’s Chemistry Faculty
	PETER HALL Partner, London 21 years M&A advisory experience Focussed exclusively on transactions and clients in the chemicals, materials and related industries since 1996 Co-founded The Valence Group in 2008 Ran Bear Stearns’ European Chemicals Investment Banking practice from 2000-2008 Ran Chase’s European Chemicals M&A business for 1996-2000 BA (Hons) in Accounting, Polytechnic of Newcastle-upon-Tyne, England MBA in Finance, City University Business School
	TELLY ZACHARIADES Partner, New York Investment banker to the chemical and related industries since 1983 Co-founded The Valence Group in 2008 Ran Bear Stearns’ Global Chemicals practice from 2000-2007 Senior banker in Chase’s NY Chemicals practice from 1991-2000 Joined Chase’s London-based Chemicals group in 1983 Worked as an engineer for Conoco, then part of DuPont, in Houston from 1981-1983 Masters in Engineering from the University of Newcastle-upon-Tyne, England in 1980 Bachelor of Science in Naval Architecture from the University of Newcastle-upon-Tyne in 1979
	ARIEL LEVIN Partner, London Investment banker to clients in the chemicals, materials and related industries since 1999 Co-founded The Valence Group in 2008 Joined Bear Stearns’ General Industry Group in 1998 BS in Biology and BA in Economics from Tufts University, Massachusetts
	KIRK McINTOSH Partner, London 16 years M&A advisory experience Co-founded The Valence Group in 2008 Bear Stearns Chemicals Investment Banking team (London) 2002-2008 Bear Stearns’ M&A Group (New York) 2000 and 2001 HSBC Investment Bank (formerly Samuel Montagu) 1994-1999 Maclay Murray and Spens, solicitors, 1992-1994 Diploma in Legal Studies from the University of Glasgow School of Law in 1992 Bachelor of Laws (Hons) from the University of Glasgow in 1991 Qualified Solicitor and Member of The Law Society of Scotland
	JOSH HAY Partner, New York Investment banker to the chemicals, materials and related industries since 2000 Joined The Valence Group in 2008 Joined Lehman Brothers’ Chemicals group in 2000 Member of Lazard Asset Management from 1994-1998 MBA in Analytic Finance, Economics and Accounting from The University of Chicago in 2000 BS in Accounting from the State University of New York at Oswego in 1993
	YUAN PENG Director, Shanghai 6 years of business development experience primarily in chemicals, materials and related industries 9 years of strategy consulting experience Joined The Valence Group in 2008 Business development for Reliance industries 2007-2008 Business development for Shanghai Alison Group 2004-2006 Vice Secretary General at Overseas Investment Committee, Shanghai Chamber of International Commerce 2004-2005 Consultant at Economic, Legal & Social Consulting Centre, Shanghai Academy of Social Sciences 1996-2003 Licensed Senior Talent for WTO Affairs in China MA from Shanghai Institute of Foreign Trade in 1996, BA from Southeast University in 1993
	RODNEY SNYDER Vice President, London Joined The Valence Group in 2010 Merrill Lynch’s Global Industries team in New York from 2006 to 2009 Jeffery Williams & Co. in New York from 2005 to 2006 Industry Corporate Finance Limited in London from 2004 to 2005 ING Barings LLC in New York from 1999 to 2001 Masters in Finance from London Business School MBA from Columbia Business School BS in Management from Tulane University
	PAUL LAKIND Chief Administrative Officer, New York Joined The Valence Group in 2010 Business owner and MBA Professor 2007-2010 Chief Operating Officer for Credit Agricole Cheuvreux North America 2004-2007 Chief Operating Officer for EDGE Services from 2000 - 2004 Chief Operating Officer for US retail banks 1990-2000, including the private bank of the United States Senate from 1996-2000 MBA from Rutgers University, NJ in 1996 BA in Economics and Religion from Rutgers University, NJ in 1990
	CHARLES CHANG Manager, London Joined The Valence Group in 2008 Investment Associate at Mission Capital in London from 2007-2008 Advisor and Analyst at Canadian Bankers Association's Research & Data Services team from 1999-2003 MBA from HEC Paris in 2006 Earned CFA designation in 2002 Bachelor of Commerce from McGill University, Montreal, Canada in 1998
	CHRISTIAN MIENERT Manager, New York Joined The Valence Group in 2009 Associate at UBS Chemicals Investment Banking team in New York from 2007-2009 Passed CFA Level III Exam in 2009 MBA, Finance, Columbia Business School, New York in 2007
	ADAM STOECKEL Manager, New York Joined The Valence Group in 2008 Investment Banking Analyst at Oppenheimer & Co. from 2005-2008 Bachelor of Science degree in Accounting from Villanova University, Pennsylvania in 2003
	CHRIS MACKAY Executive, New York Joined The Valence Group in 2008 BA in Economics from University of Pittsburgh, PA in 2007 BS in Business Administration from University of Pittsburgh, PA in 2007
	LIYUE WU Executive, Shanghai Joined The Valence Group in 2009 Business Consultant at Deloitte Consulting from 2006-2009 BA in English (Finance & Commerce), BS in International Economics from Shanghai Jiaotong University in 2006

Valence (pr. Vay-lence): the relative capacity of chemical elements to merge, unite,
react or interact.