Resource America, Inc. (Resource America) is a specialized asset management company that uses industry specific expertise to evaluate, originate, service and manage investment opportunities in the commercial finance, real estate and financial fund management sectors. As a specialized asset manager, the Company’s focuses to develop investment funds for outside investors, for which it provides asset management services, under long-term management arrangements either through a contract with, or as the manager or general partner of, the Company’s sponsored investment funds. As of September 30, 2009, the Company’s assets under management were $13.7 billion. The Company has developed and managed public and private investment entities, a real estate investment trust (REIT) and collateralized debt obligation (CDO) issuers.