Mr. Elsztain holds a degree in economics from the University of Buenos Aires. He has previosuly worked in various of their group companies: Avenida, Fibesa and IRSA Propiedades Comerciales. He is currently alternate director of CAMSA, where he conducts research. Mr. Ilan Elsztain is the son of the chairman, Eduardo Sergio Elsztain, nephew of Alejandro Gustavo Elsztain and brother of Iair Elsztain.