Dr. Richard C. Marston, is the James R.F. Guy Professor of Finance and Economics at the
University of Pennsylvania and its Wharton School, having joined the faculty of the University in
1972. Dr. Marston has four decades of financial and economic industry experience, is a holder
of earned degrees from Massachusetts Institute of Technology, Oxford University (Balliol College), and
Yale University, and has been awarded numerous honors, fellowships and grants throughout the
United States, Europe and Asia. Dr. Marston has been a consultant to government agencies like the
U.S. Treasury, Federal Reserve and IMF and to firms such as Citigroup, JP Morgan, and Morgan
Stanley. He currently serves as an advisor to Morgan Stanley’s Portfolio Advisory Services and is also
an advisor to several family offices. Dr. Marston has been a director of W. P. Carey International and
of our advisor since June 2009 and a member of the Investment Committee since September 2010.
