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WE DON'T GET MIXED UP IN EVERY TRANSACTION .

It's easy to be led astray in one's quest to bring new products to a ravenous market and to overlook what's important. We look at product design with a fine-toothed comb and with us it's a case of more haste less speed. Our final choices are convincing no matter how many times you look at them - regardless of whether they are new investment objects in our traditional ship investments and real estate funds or new products, such as our Real Estate Opportunity America Fund. It's especially important to us that we take care of our "investors and sales family" and look after them. This is a principle which reaps rewards. We were rewarded three times in 2005 for our approach to quality and innovation and for the dialogue with our customers and partners.