PRESS RELEASES

Friday, February 03, 2012
JANET ASERKOFF ELECTED TREASURER OF THE MASSACHUSETTS BAR FOUNDATION

Managing partner of Rappaport, Aserkoff & Gelles to serve as one of four MBF officers in 2012

BOSTON - February 3, 2012 - New Boston Fund, Inc., a private equity real estate investment, development and management firm, announced today that Janet Aserkoff, Esq., managing partner of its affiliated law firm, Rappaport, Aserkoff & Gelles, has been elected Treasurer of the Massachusetts Bar Foundation, the Commonwealth's premiere legal charity and the philanthropic partner of the Massachusetts Bar Association.

Aserkoff first became a Massachusetts Bar Foundation fellow in 1980. For the last 32 years, she has been an active member in many ways, including her participation in the Foundation's annual grant application review process. In recognition of her strong support of the organization, Aserkoff received the MBF President's Award in 2009, and was elected trustee in 2010.

Aserkoff's career has spanned more than 40 years during which she has developed an expertise in real estate law, and has acted as general counsel to New Boston since its founding in 1993. In this position, Aserkoff is responsible for all acquisitions, financing, leasing, joint venture negotiations, sales, and development for New Boston.

"Janet has been an invaluable advisor and counsel to our firm for almost twenty years," said Tim Medlock, President and Chief Operating Officer, New Boston Fund. "Her hard work and commitment to New Boston has been a key to our success, and I am confident in her ability to lead the Massachusetts Bar Foundation's mission forward in 2012."

As Treasurer of the Massachusetts Bar Foundation, Aserkoff will be responsible for overseeing the Foundation's financial affairs, ensuring that the MBF utilizes its resources as effectively as possible to meet its mission.

"I am honored to serve as the Treasurer of the Massachusetts Bar Foundation," said Janet Aserkoff, managing partner, Rappaport, Aserkoff & Gelles. "I am humbled to have been given this rare opportunity, and I look forward to working with my fellow officers on our mission to increase access to justice for all Massachusetts citizens."

Aserkoff also served on the Board of Directors and the Executive Committee of the Rashi School in Newton, Mass., and is a founding member of the Boston Jewish Community Women's Fund. This Fund awards grants and creates supporting programs that work to provide remedies to the women and girls affected by issues such as abuse, empowerment and education.

Aserkoff graduated magna cum laude from Mount Holyoke in 1965 with an A.B. in economics, and went on to earn her J.D. degree from Emory University in 1968. An active volunteer on behalf of her alma matter, Aserkoff served on the Board of Trustees of Mount Holyoke from 2006-2011, she chaired the Alumnae Fund's first million dollar annual campaign in 1976, served on the Alumnae Association's Board of Directors, and is the recipient of its Medal of Honor, which is awarded for outstanding service to the association.

About New Boston Fund
New Boston is an independent, privately owned real estate investment manager and an industry leader in providing real estate investment, development and management services with a history of strong sponsorship and oversight of its investment funds. New Boston has developed or acquired commercial and residential properties with a cumulative market value of about $4.4 billion, including 23 million square feet of commercial real estate and 7,500 residential units. Our investment vehicles cater to institutional and high-net worth investors by offering value-add and urban real estate investment funds with a focus on diversification and capital preservation. The New Boston Fund: People, Values, Returns. www.newbostonfund.com

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