Mike McLaren

Royal Financial, Inc. is a bank holding company, which engages in the provision of checking and savings products, and a full line of home and commercial lending solutions through Royal Savings Bank. The company was founded on September 15, 2004 and is headquartered in Chicago, IL.

Royal Savings Bank operates as state chartered savings bank. It offers personal and commercial banking, mortgages and home equity, rates and taxes, and other financial services. The company was founded in 1887 and is headquartered in Chicago, IL.

The Public Employees Retirement Association of New Mexico (PERA) is a state-owned pension fund management firm headquartered in Santa Fe, New Mexico. The firm was founded in 1947 as a retirement system for State of New Mexico public employees. PERA manages retirement plans and benefit tiers for state, municipal and county employees. This includes police, firefighters, judges, magistrates, legislators and volunteer firefighters. The association also manages retirement plans for other political subdivisions, such as special districts and housing authorities.

BPS Capital Management, Inc. (BPS Capital) is an independent and privately-owned SEC-registered investment advisor headquartered in Bloomington, Minnesota. The firm was founded in 1983 as BPS Associates, Inc. BPS Capital provides portfolio management services to individuals, high net-worth individuals, banking institutions, corporations, pension and profit-sharing plans, charitable institutions, foundations, endowments and non-profit organizations.