David Nazarian

builder began with his active involvement in his family's early identification of the potential for wireless communications technology that ultimately became part of Qualcomm, Inc., one of the most successful corporations in the history of the telecommunications industry.

Capitalizing on the success of Qualcomm, Mr. Nazarian focused on investment opportunities that could be utilized to diversify his family's holdings. Mr. Nazarian displayed his acumen and investment vision by orchestrating the roll up of aerospace equipment manufacturers during a trough period in a highly cyclical industry; acquiring vast holdings of real estate from the Resolution Trust Corporation in the early 1990s; and strategically investing in the hotel industry following the economic downturn in the early 2000s, then divesting a majority of those investments prior to 2008. Mr. Nazarian started three early-stage venture funds concentrated on wireless communication and broadband infrastructure businesses and backed highly-innovative clean technology companies. Mr. Nazarian's philosophy is to be active in the management of investments via a variety of roles, including serving as an executive, investment committee member, member of the board of directors and/or formal advisor to the underlying companies.