Board of Managers

The following are the independent members of TriLinc's Board of Managers.

Terry Otton

Independent Manager

Terry Otton served as Chief Executive Officer of RS Investments from September 2005 until his retirement in March 2012 and as President and Trustee of RS Investment Trust and RS Variable Products Trust since April 2004 and May 2006 until March 2012, respectively. Mr. Otton re-joined RS Investments in 2004 and became Chief Executive Officer in September 2005. Mr. Otton has 30 years of experience in the investment management and securities industry, having previously served since 2001 as Managing Director of the mergers and acquisition practice at Putnam Lovell NBF Group, an investment banking firm focused on the investment management and securities industry. Previously, Mr. Otton spent more than 10 years as a Managing Director and CFO of Robertson, Stephens & Company and Robertson Stephens Investment Management, the predecessor to RS Investments. Mr. Otton was one of the principal founders of Robertson Stephens Investment Management in 1986. Mr. Otton holds a Bachelor of Science degree in Business Administration from the University of California at Berkeley and is a Certified Public Accountant.

Mr. Otton was selected to serve on the Company’s board of managers because of his over 30 years of experience in investment management and the securities industry. Having most recently served as Chief Executive Officer of RS Investments and President and Trustee of RS Investment Trust and RS Variable Products Trust, Mr. Otton bring recent and relevant perspective on the state of the investment management industry. He is also able to provide valuable insight with regard to our investment strategy, regulatory and compliance oversight and operational processes.

Robert Williams

Independent Manager

Robert F. Williams has been the Chairman, Chief Executive Officer and Owner of Williams Capital Enterprises, a family office and private investment platform, since 1990. Since 2007, he has also served as Chairman, Chief Executive Officer and Owner of Paquin Holdings, LLC, where he oversees a multi-company industrial platform serving global hydraulics and engineered systems markets. Previously, Mr. Williams served as Chief Executive Officer and Director of Simpson Energy, LLC, a battery and power products distributor, from 2013 to 2022. Prior to that, he was Managing Director of InvestLinc Group from 2007 to 2010 and Managing Partner of Roulston Ventures from 2001 to 2007. Earlier in his career, Mr. Williams served as a Vice President at Society Venture Capital. Mr. Williams has served on multiple corporate boards across manufacturing, industrial and healthcare sectors, and has held civic roles including Councilman for the Village of Chagrin Falls and member of its Board of Zoning Appeals. Mr. Williams holds a Bachelor of Science in Economics from Furman University and an M.B.A. in Finance from Case Western Reserve University.

Mr. Williams was selected to serve on the Company’s board of managers because of his extensive experience in private investing, operating leadership and capital allocation. His background as a founder and owner-operator, together with his experience across multiple industries and international markets, provides valuable perspective on investment strategy, governance, and long-term value creation.

R. Michael Barth

Independent Manager

Michael Barth has been a Managing Partner of Barth & Associates LLC, an emerging markets-oriented investment advisory and consulting firm since January 2012. Previously, Mr. Barth worked at Darby Overseas Investment Ltd. including as Senior Advisor/Senor Director, Business Development from 2009 until 2011 and (Senior) Managing Director, Global Investment from 2006 until 2009. Before joining Darby, Mr. Barth spent over twenty years working – in senior positions -for several prominent international; development finance institutions. Mr. Barth holds a Master’s Degree in International Economics/International Affairs from the John Hopkins University, School of Advanced International Studies, and a Bachelor’s Degree in Economics from Brandeis University. Mr. Barth is currently chairman of AfricInvest Private Credit. He is also a member of the Investment Committees of the MPEF III and MPEF IV funds of private equity manager AfricInvest as well as their financial sector-oriented FIVE Fund. He is also a member of the Advisory Board of Exagon Impact Capital, focused on Latin America. He has recently completed a ten-year term as Senior Advisor to the Global Private Capital Association (GPCA); he has also been Senior Advisor to McKinsey and Company, Senior Consultant to the Asian Infrastructure Investment Bank, a member of the International Council of the Bretton Woods Committee and Non-Resident Fellow at the Center for Strategic and International Studies (CSIS). Previously, he held several board positions, including EMPEA/GPCA, the Emerging Markets Growth Fund Inc., FINCA Microfinance Holding and ProCredit.

Mr. Barth was selected to serve on the Company’s board of managers because of his distinguished career in emerging markets development and investment. His qualifications to serve on the Company’s board of managers span more than 30 years of relevant experience in development/emerging markets, including serving as Chief Executive Officer of FMO ( Netherlands Development Finance Company), Director of the Capital Markets Development at the World Bank and several senior positions at the International Finance Corporation, the private arm of the World Bank Group.