Mr. Falk F. Strascheg is founder of EXTOREL Private Equity Advisers, a leading venture capital fund of funds. He is also known as one of the most successful venture capitalist in Germany and Europe. In 1988, Mr. Strascheg was President of the European Private Equity & Venture Capital Association (EVCA) and in May 2002 he established the Strascheg Center for Entrepreneurship.