Richard MacAdams

Mr. MacAdams has served on the investment committee of our advisor since August 2016. Mr. MacAdams served as the chief legal officer for our sponsor from June 2007 until early 2019 and was responsible for the overall general supervision and administration of the sponsor and its subsidiaries and affiliates. He remains employed by our sponsor in an advisory role to senior management. Prior to that time, Mr. MacAdams had represented Procaccianti Companies, and its principals, since1989.

Mr. MacAdams became admitted to practice law in 1975, at which time he joined the Providence firm of Adler Pollock & Sheehan Incorporated where he practiced law for fifteen years. He became a shareholder, member of its executive committee, and head of its litigation department overseeing approximately twenty-five attorneys and paralegals. In 1990, Mr. MacAdams founded the Providence-based firm of MacAdams & Wieck Incorporated, the predecessor to the firm of MacAdams Wieck DeLuca & Gemma Incorporated. In the course of his practice, Mr. MacAdams represented publicly traded and closely held national and international businesses and individuals, in numerous jurisdictions throughout the United States in litigation involving a broad range of commercial and business areas of law.

Mr. MacAdams served for many years as a member of the executive committee of the Rhode Island Bar Association and as one of its officers there of, having served as its President from 1996 to 1997. Mr. MacAdams has also served as the Rhode Island State Delegate to the American Bar Association. Mr. MacAdams received his bachelor of arts degree from Brown University in Providence, Rhode Island and his juris doctor degree from Boston University in Boston, Massachusetts.