Casey Frazier joined Versus Capital Advisors LLC as the Chief Investment Officer in 2011. Previously, Mr. Frazier was a Senior Vice President of NRF Capital Markets LLC from 2010 to 2011, where he was responsible for product development and due diligence for the firm including helping to develop products to be sold in the retail broker-dealer channel, managing the due diligence process for existing products and overseeing the marketing efforts of the firm. Prior to that Mr. Frazier acted as the Chief Investment Officer for Welton Street Investments, LLC and Welton Street Advisors LLC from 2005 to 2010. In this capacity he reviewed and monitored all prospective securities offerings and investments. From 2004 to 2005 he was an Assistant Vice President, Asset Management of Curian Capital LLC ("Curian"), a registered investment adviser. In this capacity, Mr. Frazier helped supervise the asset allocation and money manager selection for Curian's turnkey asset management program. Previously, Mr. Frazier managed the due diligence process for the National Planning Holdings' ("NPH") broker/dealer network from 2003 to 2004. Mr. Frazier received a Bachelor of Arts degree in American Political Economy from The Colorado College, and has earned the CFA (Chartered Financial Analyst) designation. The Board is aided by Mr. Frazier's strong investment management skills.

Bill Fuhs is the President of Versus Capital Advisors. Mr. Fuhs is a member of the Versus Investment Committee. He has served as the President since joining Versus Capital Advisors in 2010.

Anthony is a managing director of real estate securities portfolio management for Principal Real Estate Investors, the dedicated real estate unit of Principal Global Investors. Currently based in Singapore, he is responsible for the firm’s Asia Pacific real estate capability in REITs and listed real estate securities, and has prior experience managing the firm’s Americas real estate capabilities. He also remains active in managing U.S. securities as one of the teams listed U.S. portfolio managers. Anthony joined Principal in 1997. In 2000, he became a real estate consultant for Arthur Andersen before joining GATX Corporation as a senior financial analyst in 2002. Anthony rejoined Principal in 2005 in his current position. He received a bachelor's degree in finance from Drake University and an MBA from the University of Chicago Graduate School of Business. Anthony has earned the right to use the Chartered Financial Analyst and Financial Risk Manager designations.

Statz is a Managing Director and Chief Market Strategist of Security Capital Research & Management Inc., where he is responsible for the development and implementation of portfolio investment strategy. Previously, Statz was a senior vice president with portfolio manager responsibilities for researching corporate and portfolio acquisitions. Prior to joining the firm in 1995, he was a vice president in the Investment Research Department of Goldman, Sachs & Co. concentrating on research and underwriting for the REIT industry. Previously, he was a REIT Portfolio Manager and a Managing Director of Chancellor Capital Management. Mr. Statz received an MBA and a BBA in Finance from the University of Wisconsin.

Marc is a managing director, portfolio management, for Principal Global Investors. He is responsible for managing the commercial mortgage-backed securities (CMBS) within the multi-sector fixed income portfolios. Marc joined the firm in 1992. Previously, he was an accountant for The Principal Financial Group. He received an MBA from Drake University and a bachelor's degree in accounting from Luther College. Marc has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Society of Iowa. He is also a member of the Commercial Mortgage Securities Association.

Scott is director - portfolio manager at Principal Real Estate Investors, the dedicated real estate group of Principal Global Investors. He is responsible for the management of affiliated and non-affiliated CMBS portfolios. He previously performed pricing, hedging and valuation functions for Principal Real Estate Investors' CMBS issuance program as well as developing real estate strategies and products as part of the new business development team. Scott received a bachelor's degree in finance from Iowa State University. Additionally, he has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.

Dave Truex is the Deputy Chief Investment Officer of Versus Capital Advisors. Mr. Truex is a member of the Versus Investment Committee. He has served as the Deputy CIO since joining the Adviser in 2017. Prior to joining Versus Capital Advisors, Mr. Truex was a Portfolio Manager for Colorado’s Public Employees Retirement Association.

Manno Jr., is CEO, Managing Director and the Chief Investment Officer of Security Capital Research & Management Inc, a subsidiary of Security Capital. In addition, Mr. Manno is Chairman and President of Security Capital Preferred Growth Incorporated and Security Capital Real Estate Mutual Funds Incorporated. Prior to joining the firm in 1994, he spent 14 years with LaSalle Partners where, as managing director, he was responsible for real estate investment banking activities. He began his career in real estate finance in 1974 at The First National Bank of Chicago. He received his MBA in finance with honors from the University of Chicago and graduated Phi Beta Kappa from Northwestern University with a BA and MA in economics.

Simon is a managing director of real estate securities portfolio management for Principal Real Estate Investors, the dedicated real estate unit of Principal Global Investors. Based in London, he is responsible for the firm's European, Middle East, and Africa real estate capability in REITs and listed real estate securities. Simon has over 34 years of real estate experience, including extensive time spent in both the United Kingdom and Australia markets. This includes positions both as an analyst and as a portfolio manager. He joined Principal Global Investors in 2003. Previously, Simon worked for Domaine real estate funds, managing the assets of its real estate syndicates. Prior to this, he was a senior equities analyst at Prudential Bache/BNP Equities. His background also includes positions as fund manager for Paladin Commercial Trust and GEM Commercial Property Trust, as well as a variety of real estate related roles with Prudential Assurance Company in both Australia and the United Kingdom. Simon received an MBA from the University of New England and is an associate member of the Royal Institute of Chartered Surveyors, the Australian Property Institute and the FTSE EPRA NAREIT European Regional Index Committee.