Managing Director of Cerberus European Servicing Ltd.

Mr. Falls joined Cerberus in 2013. Prior to joining Cerberus, Mr. Falls was a Managing Director at Morgan Stanley. Mr. Falls was at Morgan Stanley from 2002 to 2012, serving as European Head of Asset Management for Real Estate Investing beginning in 2006. In 1997, Mr. Falls began working at Credit Suisse First Boston, first within the private equity real estate Principal Transactions Group and then as Commercial Director of Sovereign Land, a CSFB real estate portfolio company. Mr. Falls spent nine years in real estate commercial banking between 1988 and 1997. Mr. Falls is a graduate of Cambridge University.