Mogens Elsberg*

Mr. Elsberg is a Europe-based Operating Executive to Marlin Operations Group, Inc., focused on conducting operational due diligence and providing operational support to European portfolio companies in the software and technology sectors.

Mr. Elsberg has over 30 years of experience in the software, technology and tech-enabled services industries. Previously, he served as CEO of Bluegarden A/S, an exited Marlin portfolio company and leading Scandinavian provider of human capital management software solutions and services. Prior to Bluegarden, he served as the CEO of e-conomic A/S, a cloud-based bookkeeping solution for small businesses and, prior thereto, served as CEO of GN Netcom, a global headset manufacturer of the Jabra brand. In addition, Mr. Elsberg co-founded Pensio (now Altapay), an e-commerce payments management company which was successfully sold to Valitor.  He has also held senior leadership roles at Microsoft Dynamics, IBM and Aston Group. Mr. Elsberg holds a M.Sc. in Engineering from Technical University of Denmark and a B.Sc. in Marketing from Copenhagen Business School.

*Members of the Operations Group assist Marlin in its operational due diligence, financing and other transactional support for prospective and consummated transactions and in its post-closing operating and other initiatives for portfolio companies, including manufacturing, sales, marketing, finance, tax, technology, information technology, debt and equity financing, legal, real estate/facilities management, financial planning and analysis, human resources, acquisition integration, data analytics, procurement and other services. Operations Group members are either employees of Marlin Operations Group, Inc., an exclusive consulting firm affiliated with Marlin Management Company, LLC, or independent contractors. Subject to limited exceptions, Operations Group members are not employees of Marlin Management Company, LLC and are compensated by portfolio companies and/or investment funds sponsored and managed by Marlin and its affiliates (including the Fund and other investment funds that may be formed in the future) (collectively referred to herein as the “Marlin Funds”), and such compensation is not covered by the management fee paid by a Marlin Fund.