Board of Directors

Mr Kraemer has worked in consultancy and finance since 1992. He is known for successfully combining all relevant sectors of the financial market to achieve the maximum benefit for the clients. Guided by an almost British sense of fair play, he consistently aims to achieve the best possible results on a case by case basis. Mr Kraemer has been a member of the Board of Directors of Timberland Capital Management GmbH since the beginning, 25 years ago. He set up the first retail investment fund of Timberland Finance in 1999 and was responsible for the day-to-day management of the fund’s portfolio assisted by a specialised investment committee team. Mr Kraemer is a board member of Timberland Invest Ltd and Timberland Fund Management Ltd. He also serves as an investment advisor of Timberland Invest Ltd and as investment committee member in Timberland Fund Management Ltd, thus bringing investment expertise also to the Maltese entities forming part of Timberland Finance.

Mr Koester has worked in individual portfolio management, fund management and investment advisory services for Timberland Capital Management GmbH since 2003. In 1999, Mr Koester also worked for other licensed Timberland entities such as Timberland Service GmbH, Germany, which is a licensed financial services provider in Germany (para 34 lit. f of the German Trade, Commerce and Industry Regulation Act (Gewerbeordnung, GewO)) whose services include the distribution of financial products, including the Fund, to retail, professional and institutional investors as well as other financial services providers. In this regard, Mr Koester works on a day-to-day basis with the register and transfer agents of the said products.

Mr. Koester’s experience in the financial industry dates back to the 1980s where he worked with several US Brokers.

Mr Koester served as chairman (Verwaltungsratsvorsitzender) of the board of directors (Verwaltungsrat) of Luxembourg based investment funds (UCITS) since 2006.
In addition to the above, Mr Koester has also, since 1999, set up (together with Mr Kraemer) several investment structures and AIFs in Germany. His work included several functions ranging from assisting the setting up of the said structures to the day-to-day running thereof.

Mr Koester is a board member of Timberland Fund Management Ltd. and Timberland Invest Ltd.

Anthony Paris is a Business Consultant. He holds an Honours Degree in Mechanical Engineering and a Master of Science degree in Nuclear Engineering, both from the University of Manchester. For the past 40 years he has been designing and developing high reality computer simulators to help large international organizations, as well as US and UK Government agencies, train and develop their managers in operations management, sales management, project management, business management and risk management.

From 1968 to 1970 he worked as a system analyst in England and in 1970 he moved to the US where he worked with several financial institutions as a management consultant for eight years developing systems to help investment analysts and portfolio managers. In 1978, he started a management training and consulting business in New York delivering services to Fortune 500 companies. From 1990 to 1996 he was the managing director of Air Malta which is the Maltese national airline. Whilst there he performed a major reorganization and implemented major automation projects. Recently he also worked with hedge fund managers on forecasting models and risk management models. He is a director of various fund management and administration companies.