Dariusz Sliwinski
About Dariusz Sliwinski
Independent director appointed May 20, 2024; age 62; serves as Audit Committee Chair and is designated an “audit committee financial expert.” Background spans CIO/Head of Asset Management at Ubhar Capital, venture advisory at Untitled Ventures, and institutional product roles; education includes MBA (SDA Bocconi), postgraduate European studies (University of Lodz), and ME in electronic engineering (Lodz University of Technology) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Ubhar Capital (private investment bank) | Chief Investment Officer & Head of Asset Management | 2017–2018 | Led investment management practice; financial decision-making and due diligence |
| Untitled Ventures (UK VC fund) | Advisor | 2021–2023 | Oversight of fund and portfolio management; capital raising; partnerships |
External Roles
| Organization | Role | Since | Notes |
|---|---|---|---|
| Burj Financial Consultants | Director of Institutional Product Development | 2018 | Institutional product leadership |
| Morningside Financial Ltd | Director | May 2022 | Business consulting |
| Palmela Capital Limited | Independent Director & Advisor | Feb 2024 | Investment fund advisory |
Board Governance
- Committee assignments: Audit (Chair), Compensation, Nominating & Corporate Governance, Special Committee .
- Audit Committee composition: D. Sliwinski (Chair), Sean Kidney, Niels Brix; all independent; Sliwinski designated “audit committee financial expert” .
- Tenure on CLRCF board: Appointed May 20, 2024; first class director term ends at first annual general meeting per classified board structure .
- Independence: Qualifies as an independent director .
- Attendance: Not disclosed in available filings.
- Board control context: Sponsor, officers and directors collectively own ~77.65% and can approve proposals if only minimum quorum is present .
Other Directorships & Interlocks
| Company | Type | Role | Interlock/Notes |
|---|---|---|---|
| Burj Financial Consultants | Private | Director | No disclosed transactions with CLRCF |
| Morningside Financial Ltd | Private | Director | No disclosed transactions with CLRCF |
| Palmela Capital Limited | Private | Independent Director/Advisor | No disclosed transactions with CLRCF |
No other U.S. public company directorships disclosed; Form 8-K states no Item 404 related-party transactions with Sliwinski and no family relationships .
Equity Ownership
| Holder | Class A Shares Beneficially Owned | Class B Shares Beneficially Owned | % of Total | Notes |
|---|---|---|---|---|
| U.N. SDG Support LLC (Sponsor) | 1,968,749 | 1 | 77.65% | Sponsor controlled by Executive Chairman; voting control implications |
| Dariusz Sliwinski | — | — | — | Form 3: no securities beneficially owned; indirect pecuniary interest via membership interests in Sponsor without voting/dispositive control |
Insider filings:
| Form | Filing Date | Key Disclosure |
|---|---|---|
| Form 3 | May 21, 2024 | Initial statement of beneficial ownership; no securities; indirect pecuniary interest via Sponsor membership interests; no control |
Expertise & Qualifications
- Financial oversight and complex due diligence across hedge funds/alternative asset managers; audit committee financial expert designation .
- Technical and finance education (MBA; postgraduate European studies; electronic engineering) .
- Experience in fund management, capital raising, and strategic partnerships .
Governance Assessment
- Strengths: Independent audit chair with “financial expert” designation; multi-committee engagement (audit, compensation, nominating, special) enhances board effectiveness .
- Alignment: No direct CLRCF share ownership; however, Form 3 notes an indirect pecuniary interest through Sponsor membership interests without voting/dispositive control, reducing direct alignment but mitigating control conflicts .
- Conflicts and related-party exposure: Material related-party financing and services require robust audit oversight—Eternal BV loans controlled by Executive Chairman (aggregate related-party loans ~$3.12 million) and Gluon Renewable Energies (CEO-affiliated) advisory and administrative fee arrangements; audit committee recommended and board approved these as fair, underscoring Sliwinski’s oversight responsibilities but elevating governance risk if controls are weak .
- Board control risk: Sponsor, officers and directors collectively hold ~77.65% of shares and can pass proposals at minimum quorum; this concentration may overshadow independent director influence and investor protections .
- RED FLAGS:
- Nasdaq delisting to OTC Pink Limited and low liquidity; potential adverse governance/perception impact .
- Material weaknesses in internal control over financial reporting persisted as of Q3 2025, including under-accrual of legal fees; audit chair must remediate to bolster investor confidence .
- Ongoing going-concern uncertainties and reliance on sponsor/related-party financing elevate oversight demands on audit and special committees .
Overall: Sliwinski brings credible audit and investment expertise and independence, but sponsor control, related-party financing, and control deficiencies present governance risks that require strong committee oversight and transparent mitigation .