Robert T. Hoffman Sr., Chairman

Mr. Hoffman, who goes by “Rob”, is a career investor with a particular focus on identifying companies with sustainable, superior business models.  He is the Managing Director of Princeton Opportunity Management LLC, the management company he founded in 2011.  In July of 2018, Mr. Hoffman organized clirSPV LLC, a Single Purpose Vehicle that is our largest shareholder. In 2000, Rob founded and was Managing Partner of Candlewood Capital, a long/short fund with AUM in excess of  $1 billion. Prior to forming Candlewood, Rob was a Managing Director and Portfolio Manager for Scudder Stevens and Clark’s Growth & Income (G&I) product, where he was responsible for all buy and sell decisions. During the decade of his leadership, G&I assets expanded from approximately $1.75 billion to over $25 billion. Mr. Hoffman was also nominated by two separate Governors to serve three terms (1990 to 2002) as a pro-bono member and Chairperson of the of New Jersey State Investment Council, the entity that oversees all New Jersey State & Local pension assets.  Rob graduated with an A.B. in Economics from Dartmouth College, and received his M.B.A. with distinction from the J.L. Kellogg Graduate School of Management at Northwestern University.