Jean-Marie Murphy serves as a separate account Portfolio Manager.  Ms. Murphy has 35 years of real estate industry experience and has been responsible for the management of more than $4 billion of real estate assets throughout her career. Prior to joining Stockbridge, she was a Managing Director in the Portfolio Management division of RREEF/Deutsche Bank, responsible for the oversight of a $2.2 billion national portfolio on behalf of four separate account clients.  Previously, Ms. Murphy was a Senior Vice President at Greystone Realty Corporation, where she was responsible for the oversight of a $1 billion portfolio, as well as of the transaction management functions for the firm.  While at Greystone, she was involved in the acquisition and disposition of more than $500 million of commercial real estate assets.  Prior to joining Greystone, Ms. Murphy was an Assistant Vice President in the Asset Management division of New York Life Insurance Company.  Ms. Murphy holds a B.A. in Sociology from Queens College.  She is a member of New York Women Executives in Real Estate and has recently been appointed to the Real Estate Information Standards (REIS) Council.