Mr. Lawrence has served on the Algodon Group Board of Directors since 1999. Mr. Lawrence served as the Chairman of Associated British Industries plc, a company that manufactured sealants and jointings for car engines, as well as aviation jointings and sealants (for both original equipment manufacturers and aftermarkets), specialty waxes and anti-corrosion coatings for the automotive tire, and plastics industries. The company was acquired for £40 million by AlliedSignal Corp in 1995. Mr. Lawrence has also served as a director of the Close Beacon Fund OEIC since its founding in 1994. Beacon invests in small and recently floated companies on the Alternative Investment Market of the London Stock Exchange. Over the last several years, Mr. Lawrence has participated in numerous start-up and entrepreneurial ventures, both as an investor and as a member of the companies' Board of Directors or Board of Advisors. Mr. Lawrence received a B.A. in Modern History from Oxford University where he graduated with honors.