Jim Flaherty is the founder and chairman of the boards of Black Rock Capital, LLC, Black Rock Capital (Ireland) Limited and Black Rock Capital (UK) Limited. He is based in the company’s London office and, in addition to his duties as Chairman, directs Black Rock Capital’s international operations. Mr. Flaherty also serves as the managing director of Cannon Capital Limited. From 1991 until the incorporation of Black Rock Capital, Mr. Flaherty was the chief executive and founder of Pareto Partners, a London based investment management firm. Mr. Flaherty was responsible for the capitalization, regulation, and administration of the firm, a manager of $8 billion in assets.

Prior to the establishment of Pareto, Mr. Flaherty was employed by American Express Bank Ltd. for six years in a number of senior management capacities, including Deputy President and Chief Operating Officer, Chief Executive Officer for Europe, Middle East and Africa, and President of American Express Bank Switzerland.

From 1974 until 1985 Mr. Flaherty worked for the State National Bank of Connecticut and its successor, Connecticut Bank & Trust Co., as Executive Vice President responsible for the bank's branch network, consumer lending and mortgage portfolios, and private banking and trust activities. He also served at various times as senior lending officer and head of the multi-national lending division. Mr. Flaherty began his career in 1969 as a lending officer with Franklin National Bank.

Company Information:
Cannon Capital Management is a London based operator of nursing homes in the UK and Northern Ireland.

Black Rock Capital, LLC, incorporated in 1994, is a full service commercial equipment finance company serving small to middle market companies in the United States and Canada. Black Rock Capital (Ireland) Limited and Black Rock Capital (UK) Limited provide the same services for small to middle market corporations in the European Economic Community and the United Kingdom. It boasts sales of $2.5 million (US) and employs five.