Mr. Hermon is an experienced investment executive and fund manager. He is the founder and managing partner of the Florida Value Fund, LLLP, the Florida Value Fund II, LLLP and HSL Capital, LP, private equity funds with over $47 million of equity capital under management. Between 1996 and 1998, he was a Senior Associate with the investment banking department of Bear, Stearns & Co. in New York. Between 1998 and 2001, he was a Partner with the investment partnership Shaykin & Co., a private equity firm in New York. Between 2001 and 2003, he served as vice president and partner at the Challenge Funds, which managed over $250 million in assets and had investments in over eighty portfolio companies. Mr. Hermon received a Bachelor’s Degree in Economics and Labor Relations from Tel-Aviv University in 1993 and an MBA with a concentration in Finance from Boston University in 1996.