NEWTON, Mass., Feb 03, 2009 (BUSINESS WIRE) -- RMR Funds today announced that Jeffrey P. Somers was today appointed as
an Independent Trustee to fill vacancies on the Boards of Trustees of
the following Funds:
RMR Real Estate Fund (NYSE Alternext US: RMR);
RMR Real Estate and Hospitality Fund (NYSE Alternext US: RHR);
RMR F.I.R.E. Fund (NYSE Alternext US: RFR);
RMR Preferred Dividend Fund (NYSE Alternext US: RDR);
RMR Dividend Capture Fund (NYSE Alternext US: RCR);
RMR Asia Pacific Real Estate Fund (NYSE Alternext US: RAP); and
RMR Asia Real Estate Fund (NYSE Alternext US: RAF).
Mr. Somers (age 65) has been a partner of the law firm of Morse,
Barnes-Brown & Pendleton, PC of Waltham, MA since 1995, and prior
thereto he was in private law practice as a partner with the law firm of
Gadsby & Hannah LLP (now McCarter & English, LLP) of Boston, MA, during
which time he also served as Chairman of the Securities Law Committee of
the Business Law Section of the Boston Bar Association. Prior to
entering private law practice, Mr. Somers was a staff attorney at the
Securities and Exchange Commission in Washington, D.C.
From 1995 to 2001, Mr. Somers served as a Trustee of Pictet Funds (f/k/a
Panorama Trust), a suite of SEC registered open ended mutual funds
managed by Pictet International Management Limited of London, England,
an affiliate of Pictet & Cie., Geneva, Switzerland. He is also active in
various civic organizations in the Boston area.
Mr. Somers will serve as a Trustee of the Funds until the terms to which
he is appointed expire at the 2009 annual meetings of the Funds'
shareholders, at which time he is expected to stand for election by
shareholders. Mr. Somers has also been appointed to the Audit,
Compensation and Nominating Committees of the Boards of Trustees of the
Funds.
The Funds' Boards of Trustees vacancies which Mr. Somers will fill were
created when Frank J. Bailey resigned effective January 30, 2009, in
order to accept appointment as a United States Bankruptcy Judge for the
District of Massachusetts.
SOURCE: RMR Funds
RMR Funds
Timothy A. Bonang, 617-796-8253
Director of Investor Relations,
or
Carlynn Finn, 617-796-8253
Manager of Investor Relations
www.rmrfunds.com
Copyright Business Wire 2009