Introduction

The NorCap team comprises seasoned professionals with expertise in pooled investment vehicles, trading, investment allocations, operations and compliance. NorCap also engages independent, industry-leading service providers, including a top 100 international law firm, an independent fund administrator for more than $450 billion in assets, an enterprise risk, compliance and business consulting firm, and a national U.S. certified public accounting firm.

Bolton Walters

Chairman of the Board of Managers | Chief Executive Officer | Member of the Investment Committee

Mr. Walters serves as the Chairman of the Board of Managers, Chief Executive Officer, and Member of the Investment Committee at NorCap Investment Management, L.P. Mr. Walters is also a Founder and the Senior Managing Member of BAG Securities, L.L.C., Capital Park Securities, L.L.C., and Banksee.AI. Previously, he served as a political appointee and Senior Advisor for Commercial and Business Affairs at the U.S. State Department and worked for a Commissioner at the Commodity Futures Trading Commission (“CFTC”). Mr. Walters is a member of the State Bar of Texas, a cum laude business graduate of Texas A&M University, and earned a J.D. and M.B.A. from Baylor University.

Robert “Bob” Walters

Board of Managers | Executive Vice President

Mr. Walters serves as a Member of the Board of Managers and Executive Vice President at NorCap Investment Management, L.P. Mr. Walters is also Chairman of The Bank Advisory Group, which he founded in 1989, and a Founder of BAG Securities, L.L.C. Previously, he founded and led the community bank merger and acquisition and bank stock valuation advisory practices of Sheshunoff & Company. Mr. Walters has represented hundreds of banks through brokering bank sales and through developing negotiating strategies, formulating pricing and transaction structure alternatives, and determining pro forma financial performance opportunities for bank buyers and bank merger partners. Since 1980, he has participated in more than 3,500 client relationships involving the evaluation of both “control” and “minority” blocks of community bank stocks. Mr. Walters earned a B.B.A. in Accounting from Texas A&M University.