JOHN S. CHALSTY
Chairman

Experience
  Chairman of the Board, Donaldson, Lufkin & Jenrette, Inc. ("DLJ") from 1996 to 2000
  President and CEO of DLJ from 1985 to 1996
  Chairman of the Columbia University Investment Corporation and Trustee of Columbia University from 1997 to 2006
  Headed DLJ Research Operation from 1973 to 1980 and DLJ Investment Banking from 1980 to 1985
  Began career at the Exxon Corporation, heading the European natural gas operations

Market Leadership
  Over 40 years experience in the financial services industry
  Active hedge funds investor for over 25 years
  Chairman of the New York City Economic Development Corporation
  Vice Chairman and Director of the New York Stock Exchange from 1990 to 1994
  Board memberships have included: AXA Financial, Inc., Occidental Petroleum, Sappi Ltd., Metromedia International Group, Inc. and Creditex

Education
  M.B.A. (High Distinction), Baker Scholar, Harvard Business School, 1957
  University of the Witwatersrand, South Africa

GEOFFREY STERN
President and Chief Investment Officer

Experience
  Investment banker at DLJ for 19 years
  Founding member of DLJ's Merger and Acquisitions Group
  Served on the firm's Valuation and Fairness Opinion Committee
  Investment banking experience in a broad range of industries and significant international exposure

Market Leadership
  Over 25 years experience in financial services
  Active hedge funds investor for over 15 years
  Managed investment banking transactions in excess of $10 billion

Education
  M.B.A., UCLA, 1981
  B.A. Haverford College, 1977

VINCE DEGIAIMO
Chief Operating and Compliance Officer

Experience
  Chief Financial and Chief Administrative Officer of DLJ's Investment Banking Division, from 1979 to 2001
  Co-headed the Realty Services Group at CSFB from 2001 to 2002
  Senior financial positions at CBS, Inc., American Express Company and CreditCorp International
  Trained as an accountant at KPMG

Market Leadership
  Over 30 years experience in financial services
  Active hedge funds investor for over 10 years
  Oversight of all operations including compliance, financial controls, accounting, budgeting, IT and human resources

Education
  B.S. in Accounting, St. Francis College, 1972
  Certified Public Accountant

CRAIG BROWNELL
Principal

Experience
  Director, GAM, responsible for the institutional business and a member of the product development committee
  Senior Vice President and Portfolio Manager within Franklin Templeton, managing global equity portfolios
  Prior positions at Sanford C. Bernstein and Victory Capital Management

Market Leadership
  Over 20 years experience as an investment professional with major asset management companies

Education
  M.B.A. in Finance, The State University of New York at Albany
  B.S. in Finance, Siena College

FRANCIS CHU, CFA
Director of Research and Co-Portfolio Manager Non-Directional Strategies

Experience
  Nine year tenure with Ivy Asset Management holding senior positions including:
  Head of Relative Value Strategies
  Portfolio Manager for several funds including the Rosewood Funds, Ivy’s flagship market neutral offering
  Goldman Sachs & Co. from 1996 to 1998
  Arthur Andersen & Co. from 1994 to 1996
  CFA Charter holder
  CPA - New York State
  Fluent in both Cantonese and Mandarin

Education
  B.S. (Magna Cum Laude) in Accounting and Finance, New York University

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