DARREN STAINROD - Corporate Board Profile

PRINCETON CAPITAL CORP

Filing Date	Source Excerpt
2016-05-19	Darren Stainrod, 51, serves as the Chairman of the Company’s Board and was appointed to the Company’s Board on January 18, 2016. Mr. Stainrod is a Principal of Marbury Fund Services (Cayman) Limited (“Marbury”), a fiduciary services company focused on the alternative investment industry and licensed by the Cayman Islands Monetary Authority. He is registered as a director with the Authority pursuant to the Directors Licensing and Registration Law, 2014. Prior to joining Marbury, Mr. Stainrod was a Principal at HighWater Limited in Cayman for almost 3 years where he provided professional director services to hedge funds, fund of funds and private equity vehicles. Before becoming a professional director in May 2013, Mr. Stainrod spent 17 years at UBS where he was a Managing Director and the Global Head of UBS Alternative Fund Services. At UBS he had responsibility for the overall management and development of the global hedge fund administration business in seven countries with more than 300 staff servicing alternative investment funds with over $200 billion in assets under administration. Mr. Stainrod has over 27 years of experience in the investment fund industry, including 23 years offshore. Before joining UBS, he worked for three years with Coopers & Lybrand in Cayman and four years with Deloitte in the UK. Mr. Stainrod holds a BA (Hons) in Politics from the University of Reading in the UK. He is a member of the Institute of Chartered Accountants in England and Wales and the Cayman Islands Society of Professional Accountants. He is a past Chairman of the Cayman Islands Fund Administrators Association and is the current Treasurer of AIMA Cayman Chapter. Mr. Stainrod brings to the Board extensive experience as a director of hedge funds, fund of funds and private equity funds as well as considerable experience in the investment fund industry, all of which provide our Board with valuable insight and supports Mr. Stainrod’s election to our Board. Mr. Stainrod serves as chairman of the Company’s Nominating and Corporate Governance Committee and he is a member of the Company’s Audit Committee and the Company’s Valuation Committee.
2017-06-29	Mr. Stainrod serves as the Company’s Chairman of the Board. Mr. Stainrod serves as chairman of the Company’s Nominating and Corporate Governance Committee and he is a member of the Company’s Audit Committee and the Company’s Valuation Committee.
2018-04-20	Mr. Stainrod, 53, serves as the Chairman of the Company’s Board and was originally appointed to the Company’s Board on January 18, 2016 and re-elected to the Board by the Company’s stockholders at the 2017 Annual Meeting on July 14, 2017. Mr. Stainrod serves as chairman of the Company’s Nominating and Corporate Governance Committee and he is a member of the Company’s Audit Committee and the Company’s Valuation Committee.
2019-04-16	Darren Stainrod,54, serves as the Chairman of the Companys Board and was originally appointed to the Companys Board on January18, 2016 and most recently re-elected to the Board by the Companys stockholders at the 2018 Annual Meeting on May30, 2018. Mr.Stainrod serves as chairman of the Companys Nominating and Corporate Governance Committee and he is a member of the Companys Audit Committee and the Companys Valuation Committee.
2020-11-16	Darren Stainrod,55, serves as the Chairman of the Company’s Board and was originally elected to the Company’s Board on January18, 2016 and most recently re-elected to the Board by the Company’s stockholders at the 2019 Annual Meeting on May28, 2019. Mr.Stainrod is a Principal of Marbury Fund Services (Cayman) Limited (“Marbury”), a fiduciary services company focused on the alternative investment industry and licensed by the Cayman Islands Monetary Authority. He is registered as a director with the Authority pursuant to the Directors Licensing and Registration Law, 2014. Prior to joining Marbury, Mr.Stainrod was a Principal at HighWater Limited in Cayman for almost 3 years where he provided professional director services to hedge funds, fund of funds and private equity vehicles. Before becoming a professional director in May 2013, Mr.Stainrod spent 17 years at UBS where he was a Managing Director and the Global Head of UBS Alternative Fund Services. At UBS he had responsibility for the overall management and development of the global hedge fund administration business in seven countries with more than 300 staff servicing alternative investment funds with over $200 billion in assets under administration. Before joining UBS, he worked for three years with Coopers & Lybrand in Cayman and four years with Deloitte in the UK. Mr.Stainrod holds a BA (Hons) in Politics from the University of Reading in the UK. He is a member of the Institute of Chartered Accountants in England and Wales and the Cayman Islands Institute of Professional Accountants. He is a past Chairman of the Cayman Islands Fund Administrators Association and is the current Treasurer of AIMA Cayman Chapter. Mr.Stainrod brings to the Board extensive experience as a director of hedge funds, fund of funds and private equity funds as well as considerable experience in the investment fund industry, all of which provide our Board with valuable insight and supports Mr.Stainrod’s re-election to our Board. Mr.Stainrod serves as chairman of the Company’s Nominating and Corporate Governance Committee and he is a member of the Company’s Audit Committee and the Company’s Valuation Committee.
2021-11-10	Darren Stainrod,56, serves as the Chairman of the Company27s Board and was originally elected to the Company27s Board on January 18, 2016 and most recently re-elected to the Board by the Company27s stockholders at the 2020 Annual Meeting on December 18, 2020. ... Mr. Stainrod serves as chairman of the Company27s Nominating and Corporate Governance Committee and he is a member of the Company27s Audit Committee and the Company27s Valuation Committee. ... Each independent director receives an annual fee of $30,000. ... The chairmen of the audit committee, the valuation committee and the nominating and corporate governance committee will receive an annual fee of $3,500, respectively. ... On March 13, 2017, the independent directors agreed to cap director27s fees at $50,000 per independent director annually.
2022-11-09	Darren Stainrod,57, serves as the Chairman of the Companys Board and was originally elected to the Companys Board on January18, 2016 and most recently re-elected to the Board by the Companys stockholders at the 2021 Annual Meeting on December16, 2021. ... Mr. Stainrod serves as chairman of the Companys Nominating and Corporate Governance Committee and he is a member of the Companys Audit Committee and the Companys Valuation Committee. ... Each independent director receives an annual fee of $30,000. ... The chairmen of the audit committee, the valuation committee and the nominating and corporate governance committee will receive an annual fee of $3,500, respectively. ... On March13, 2017, the independent directors agreed to cap directors fees at $50,000 per independent director annually.
2023-11-08	Darren Stainrod,58, serves as the Chairman of the Company’s Board and was originally elected to the Company’s Board on January 18, 2016 and most recently re-elected to the Board by the Company’s stockholders at the 2022 Annual Meeting on December 15, 2022. ... Mr. Stainrod serves as chairman of the Company’s Nominating and Corporate Governance Committee and he is a member of the Company’s Audit Committee and the Company’s Valuation Committee. ... Each independent director receives an annual fee of $30,000. ... The chairmen of the audit committee, the valuation committee and the nominating and corporate governance committee will receive an annual fee of $3,500, respectively. ... On March 13, 2017, the independent directors agreed to cap director’s fees at $50,000 per independent director annually.
2024-11-13	Darren Stainrod,59, serves as the Chairman of the Company’s Board and was originally elected to the Company’s Board on January 18, 2016 and most recently re-elected to the Board by the Company’s stockholders at the 2023 Annual Meeting on December 14, 2023. Mr. Stainrod is a Principal of Marbury Fund Services (Cayman) Limited. He is registered as a director with the Authority pursuant to the Directors Licensing and Registration Law, 2014. Mr. Stainrod brings to the Board extensive experience as a director of hedge funds, fund of funds and private equity funds as well as considerable experience in the investment fund industry, all of which provide our Board with valuable insight. Mr. Stainrod serves as chairman of the Company’s Nominating and Corporate Governance Committee and he is a member of the Company’s Audit Committee and the Company’s Valuation Committee. Compensation of Directors Each independent director receives an annual fee of $30,000. In addition, they will also receive $1,500 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with attending in person or telephonically each regular board of directors meeting and each special telephonic meeting. They will also receive $1,500 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with each committee meeting attended in person and each telephonic committee meeting. The chairmen of the audit committee, the valuation committee and the nominating and corporate governance committee will receive an annual fee of $3,500, respectively. On March 13, 2017, the independent directors agreed to cap director’s fees at $50,000 per independent director annually, and to have an amount of $12,500 advanced to them each quarter, subject to true up at the end of each quarter. The following table shows information regarding the compensation earned by our directors for the fiscal year ended December 31, 2023. No compensation is paid to directors who are “interested persons.” Independent Directors: Darren Stainrod $50,000 total compensation.