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OCTOBER 26, 2011, THE METROPOLITAN CLUB, NYC

Tony Acquadro

Vice-President Institutional Markets

BTS Asset Management, Inc.

Tony C. Acquadro is Vice President of Institutional Markets for BTS Asset Management and a member of the BTS Investment Committee. He joined BTS in December, 2010 as Head of Institutional sales. Before that Mr. Acquadro served as Managing Director for MFIP, Inc. a Family Office and CTA in Ardmore, PA. Prior roles include CEO of DaVinci Global Advisors, LLC and DaVinci Investment Advisors, a quant-based systematic hedge fund. From 1998 to 2003, Mr. Acquadro served as National Vice President for ProFunds. Mr. Acquadro began his career with Morgan Stanley in 1993 in Washington, DC. Mr. Acquadro is also a Director at The Hedge Fund Association, a member of The Market Technicians Association, The Managed Funds Association and The CT Hedge Fund Association.

Mr. Acquadro graduated from The Pamplin College of Business at Virginia Tech and holds a Bachelor of Science in Finance and a Bachelor of Science in Marketing Management.

Michael Alexander

Smarsh

Michael Alexander joined email archiving and compliance vendor Smarsh in 2007 and currently serves as the company’s Sales Director. In this role, Alexander manages the sales force based in the organization’s New York City office. In addition, he has spearheaded the company’s strategic efforts to provide email archiving and compliance solutions to private equity firms and hedge funds required to register with the SEC. Michael is a graduate of Boston College.

Michael Belotz

CVaR Investment Management

Michael Belotz is a principal at CVaR Investment Management, a quantitative investment firm with offices in New York City and Florida. CVaR has an almost seven year track record running a quantitative system that takes intraday positions in the indices of the most liquid equity markets. The system was developed and is run by Dr. Stan Uryasev, the co-creator of Conditional Value-at-Risk. Prior to CVaR, Mr. Belotz worked on the allocation side of the industry, most recently as a consultant for Vulcan Capital and Equifin Alternative Investments and as the Head of Research and Risk Management at Lanx Management, a Fund of Hedge Funds. Previously he was Head of Portfolio Management in the US for the Fund of Hedge Funds Group at Credit Suisse where he ran $6 Billion in portfolios. Michael started out his hedge fund career at TAG Associates, a multi-client family office, as the portfolio manager for their relative value and diversified strategy fund of funds. All of this follows a long career on the sell side in both trading and marketing in the derivatives of equities and commodities for firms such as Chase, Societe Generale and Kidder Peabody. Mr. Belotz has his MBA from The Wharton School and a BS in business from the University of California, Berkeley.

Eric P. Billings

Co- Founder and Managing Partner

Billings Capital Management

Eric P. Billings is Managing Partner, Co-Founder, and Co-Portfolio Manager of Billings Capital Management (BCM), which is based in Arlington, Va. His responsibilities include portfolio management, fundamental analysis and all equity trading activities. BCM has $40 million in assets under management and is a value investor, employing a long term, multi-asset class strategy that invests in equity, credit and equity derivatives using a bottom-up approach and with a net long bias. Prior to starting the firm in 2008, Mr. Billings spent three years at Friedman, Billings, Ramsey & Co., most recently as an Associate Vice President, Institutional Brokerage. Mr. Billings received a BA in Economics from Vanderbilt University in 2004 and his MBA from Vanderbilt’s Owen Graduate School of Management in 2005. He is the son of BCM Senior Managing Partner Eric F. Billings.

Luiz Carvalho

Portfolio Manager, Risk Manager

Tree Capital

Luiz Carvalho is a portfolio manager, risk manager, and research analyst at Tree Capital, an investment management firm that he co-founded and launched in May, 2009. Based in New York, Tree Capital operates a long-short strategy focused on Latin American equities. It is a certified minority-owned firm. Prior to co-founding Tree Capital, Mr. Carvalho worked at Morgan Stanley from 1996-2008, starting as an equity analyst covering Latin American telecom and media companies. He received several top awards for his analysis work. Most recently at Morgan Stanley, Mr. Carvalho was Managing Director, responsible for Morgan Stanley Latin America Equity Capital Markets from 2006-2008. From 1993-1996, Mr. Carvalho worked as an Associate and Equity Research Analyst at JP Morgan. He graduated with a BS in Electronic Engineering from Mackenzie University (Sao Paulo, Brazil) in 1987, received a graduate degree in Finance from Fundacao Getulio Vargas (Sao Paulo) in 1990, and an MBA in Finance and General Management from the Anderson School at UCLA in 1992. Mr. Carvalho was born and raised in Brazil.

Neil Chelo

Director of Research

Benchmark Plus Partners

Neil Chelo has over 17 years of experience in the investment industry, ranging from the back office to portfolio management. Prior to joining Benchmark Plus Partners, which is a $1.8 billion fund of hedge funds, Mr. Chelo was a Vice President and Portfolio Manager at Rampart Investment Management. He was responsible for the management of Rampart’s Buy-Write Index, Protected Equity, Enhanced Index ,and Quantitative Equity Programs. He was actively involved in modeling and designing new equity and option strategies. Mr. Chelo was also an active trader in the equity and options market.

Prior to joining Rampart, Mr. Chelo was a Supervisor in the Securities Management Group of the Boston Company. From 1993 to 1996 he was responsible for the accounting and client service for more than 15 large pension funds. Mr. Chelo received a Bachelor of Science degree in Finance, 1993 and a Masters of Science degree in Finance, 2000 from Bentley College. He was awarded his CFA Charter in 1999. Mr. Chelo has also been awarded the Chartered Alternative Investment Analyst (CAIA) and Financial Risk Manager (FRM) designations. He also maintains his Series 3.

Olga Chernova

Co-Founder and Chief Investment Officer

Sancus Capital Management

Olga Chernova is a Co-Founder and Chief Investment Officer of Sancus Capital Management, a long-short credit fund based in New York with $172 million under management. Sancus specializes in the liquid spectrum of the North American and European credit markets. The investment team is a lift-out from JP Morgan Proprietary Trading and has been involved in credit index and derivative trading since 1999. Ms. Chernova has been involved in the credit derivatives market since its inception. Prior to co-founding Sancus, she was a Managing Director at JP Morgan, serving as Head of North American Credit and Structured Credit Globally for the Proprietary Positioning Business from July 2007 to January 2009. Previously, she served as Managing Director and Head of Correlation and Index Trading at Dillon Read Capital Management LLC, and prior to that, Head of U.S. Credit Correlation at Goldman Sachs. Ms. Chernova received an MBA from Columbia Business School in 2000 and a BS in Finance from Northwestern College in 1996.

Joe Deluca

Chief Strategist

Kepos Capital

Joe Deluca is Chief Strategist for Kepos Capital, which runs a systematic global macro investing strategy. Kepos was founded in 2009 and had $140 million in assets under management as of August. Prior to joining Kepos, Mr. DeLuca was a Managing Director at Highbridge Capital Management and its Head of Product Strategy. He was a member of the Highbridge Investment Committee and Markets Committee. After Highbridge, he was a strategy consultant to hedge funds seeking to institutionalize, focusing on investor relations, risk management, compliance and reporting, and was Director of Strategy at the investment firm Select Equity Group. Mr. DeLuca spent nine years at Goldman, Sachs & Co., as a senior portfolio manager and product manager for the Quantitative Investment Strategies Group, and as a risk manager in GSAM, where he was a contributor to the book, The Practice of Risk Management. He has also worked at J.P. Morgan (Chase) in strategy and risk management roles. Mr. DeLuca earned a B.S. from Cornell University in 1991.

Steve Edwards

Principal and Portfolio Manager

Frontera Management

Steve Edwards is Principal and Portfolio Manager at Frontera Management in Norwalk, Conn., which was founded in 2009 and runs a systematic, yet fundamentally-driven macro strategy. Frontera has more than $42 million in assets under management. From 2004 to 2008, Mr. Edwards was Portfolio Manager and Research Analyst at the $3.5 billion investment management firm Spruce Private Investors, where he researched and designed the firm’s fundamentally-based systematic macro investment process and managed clients’ portfolios and a derivative-based, global macro overlay within the firm’s multi-manager hedge fund of fund products. Prior to that, he was at Bridgewater Associates from 2002-2003, where he served in the quantitative research and client analytics groups in support of the diversified, absolute-return global macro strategy and developed a trading system for global equities, nominal bonds, short rates, and currencies. He holds an A.B. degree in history from Princeton University in 2001, earning magna cum laude and Phi Beta Kappa honors, and became a CFA charterholder in 2006.

Ryan Faulkner

President

Faulkner Capital

J. Ryan Faulkner is the President and sole shareholder of Faulkner Capital Inc., a quantitative investment firm based in Charlottesville, Va., that specializes in trading metals, currencies and short-term interest rate futures. The firm started in 2008 and its current trading program, launched in February, has less than $1 million under management. Prior to forming Faulkner Capital Inc., Mr. Faulkner was a proprietary trader at Lehman Brothers until January 2008. He traded G10 and emerging market currencies and relied on systematic trading strategies he developed to make all investment decisions. He held this position from March 2005 to January 2008. Lehman Brothers hired Mr. Faulkner in June 2003 to be the G10 currency strategist based in London, a position he held until February 2005. Mr. Faulkner began his career in July 1998 at the Federal Reserve Bank of New York. He worked there as a trader and research analyst in the Foreign Exchange and Investments division of the Markets Group until May 2002. In June 2002, the Central Bank of Chile in Santiago, Chile hired Mr. Faulkner as a consultant and portfolio manager in the International Investments division on a one-year, fixed-term contract, which ended May 2003. Mr. Faulkner holds an M.A. in International Finance from Columbia University and a B.A. from the University of South Carolina.

Bruce Frumerman

CEO

Frumerman & Nemeth Inc.

Bruce Frumerman is President of Frumerman & Nemeth Inc., a communications and sales marketing consultancy that helps financial services firms create brand identities for their organizations and develop and implement effective marketing strategies and programs. His firm’s work has helped money management clients attract over $7 billion in new assets, yet they are not third-party marketers. Mr. Frumerman has thirty years' experience in helping money management firm clients to educate and persuade people to understand and buy into how they invest. His clients include hedge funds, institutional money management firms, funds of funds, mutual funds, SMA money managers, private equity investment firms and financial planning firms serving the high net worth market. Mr. Frumerman is a frequent speaker at various events and also has been published addressing the subject for HedgeWorld, Canadian Hedgewatch, Emerging Manager Focus, Investor Relations Newsletter and Hedge Connection. Additionally, he wrote the chapter on marketing for the Thomson Reuters IFR Market Intelligence special report, "Which Way Next For Hedge Funds? A Guide For Managers, Banks and Investors".

Steve Gerbel

Founder and President

Chicago Capital Management

Steven R. Gerbel is Founder and President of Chicago Capital Management, a specialty private investment firm focused on merger arbitrage and convertible bonds. Mr. Gerbel has over 15 years of experience running hedge funds focused on merger and convertible arbitrage markets. Prior to founding Chicago Capital Management, Mr. Gerbel was a General Partner at First Capital Alliance, a hedge fund located in Chicago, primarily focused on merger and convertible arbitrage transactions, value investing and distressed markets. Mr. Gerbel began his career trading commodities on the Mid-American Commodities Exchange at the Chicago Board of Trade and acting as a "local" engaged in trading U.S. Treasury Bond futures for his own account. Mr. Gerbel has also helped in founding two de novo banks in the Chicago area and six hedge funds and other businesses, in addition to Chicago Capital Management. Mr. Gerbel holds a FINRA Series 7 Securities License and is registered with the Chicago Stock Exchange and FINRA. He holds a Bachelor of Science degree in Economics from DePaul University in Chicago.

Samuel Hest

Senior Vice President

HedgeOp Compliance

Samuel J. Hest is Senior Vice President at HedgeOp Compliance. Mr. Hest provides independent compliance and regulatory consulting to managers of hedge and private equity funds. His clients range from start-ups to large firms with well-established track records and utilize a broad array of investment styles and strategies. Mr. Hest helps managers register with the SEC, implement, administer, and test compliance programs, and prepare for and navigate SEC examinations. Mr. Hest regularly leads compliance training seminars for hedge fund personnel on critical compliance and regulatory issues, including insider trading, market manipulation, fiduciary responsibilities, and code of ethics compliance. He speaks frequently on industry panels.

Prior to joining HedgeOp, Mr. Hest was an attorney in the Investment Management Group at Schulte Roth & Zabel LLP and the Securities Regulation and Enforcement Group at Fried, Frank, Harris, Shriver & Jacobson LLP. The focus of Mr. Hest's legal practice was counseling private investment fund managers in connection with compliance policies and procedures, fund formations and operations, Securities and Exchange Commission investigations and periodic examinations, regulatory filings, and litigation risk.

Mr. Hest received a JD, with honors, from The George Washington University Law School in 2004 and a BA from Emory University in 2001. He is certified as an Investment Adviser Certified Compliance Professional (IACCPsm) by National Regulatory Service's Center for Compliance Professionals.

Bruce Karpati

Co-Chief, Asset Management Unit

U.S. Securities and Exchange Commission

Bruce Karpati is the Co-Chief of the Asset Management Unit of the SEC’s Division of Enforcement. The Asset Management Unit focuses on investigations involving investment advisers, investment companies, mutual funds, hedge funds, and private equity funds. Mr. Karpati has led investigations and cases involving valuation, performance, insider trading, conflicts of interest, derivatives, manipulation, board governance, soft dollars, best execution, disclosure, market timing and late trading, among other issues. Previously, Mr. Karpati was founder and head of the SEC’s Hedge Fund Working Group, and served as Assistant Regional Director for the New York Regional Office of the SEC. Earlier, he was a Branch Chief and Attorney in the Division of Enforcement. Prior to the Commission, Mr. Karpati was an Associate at Dechert LLP in Washington, D.C. Mr. Karpati received his law degree from the University at Buffalo Law School and his undergraduate degree in International Relations from Tufts University.

Peter Keenan

Director of Managed Investments

Kottke Associates

Peter Keenan is Director of Managed Investments at Kottke Associates, a Commodity Trading Advisor (CTA), proprietary trading firm and futures brokerage based in Chicago and founded in 1988. In the last 16 years Kottke Associates has managed close to $1 billion with the largest single program having close to $400 million in assets under management. The new Kottke Metal-Alpha Trading Strategy is a multi-strategy discretionary metals trading fund. Mr. Keenan managed a group of electronic traders at Kottke from 2007 until January, 2011, when he was named to his current position. Prior to that, he worked as a senior trader with Geneva Trading. Previously, he worked for Cargill’s Grain Division as a Corn Options Specialist on the floor of the CBOT. He had a prior stint with Kottke before joining Cargill, serving as Managing Director of Kottke’s London office, where he managed a group specializing in interest rate products. In his role, Keenan oversaw all trading by the group on the London International Financial Futures Exchange (LIFFE) where he was a seat holder, as well as a member of the Euro-Swiss Pit Committee. Keenan has been member of the CBOT, the CME and the LIFFE Exchange, and has served as a member of various pit committees.

Dan Kochav

COO and Partner

Tenor Capital Management

Daniel Kochav has been a Partner and the COO for Tenor Capital Management since October 2005. Previously, at Putnam Lovell NBF Dan was responsible for building hedge fund-related businesses, including incubating the team that formed Tenor. He was a Managing Director at TD Securities in New York responsible for starting up and managing a number of businesses including Convertible Arbitrage, Index Arbitrage, Corporate Equity Derivatives, Structured Tax Transactions and a cross-border Structured Private Placement business. Dan graduated from M.I.T. Sloan School of Management with a M.Sc. in Management in 1985 and from Concordia University in Montreal with a B.Com in 1983. Dan is a member of the board of directors of Investor Analytics LLC which provides portfolio and risk management services to the investment management industry since 1999. Dan is also a member of the MFA Advisor Regulation Subcommittee.

Sari Mayer

Director of Marketing and Investor Relations

Global Credit Advisers, LLC

Sari J. Mayer, CAIA, is Director of Marketing and Investor Relations at Global Credit Advisers, LLC, ("GCA") manager of a $500mm long/short credit fund specializing in trading and researching instruments in the high yield corporate credit markets. Prior to joining GCA, Ms. Mayer was Director of Marketing at Boone Capital, an event driven hedge fund. Before entering the hedge fund space, she was a sell-side Latin America Telecommunications equity analyst at Salomon Smith Barney for which she received several industry awards including top rankings as determined by Institutional Investor and was the Latin America telecommunications investment banking Director at Credit Suisse in New York. Ms. Mayer earned her BA cum laude in Mathematics and Spanish from Amherst College, and received her MBA in Finance from New York University’s Stern School of Business and was selected to participate in the International Management Program at ESADE in Barcelona, Spain.

David Mechner

CEO

Pragma Trading

David Mechner is CEO and co-founder of Pragma Securities, a New York-based financial services firm specializing in innovative algorithmic trading solutions developed and customized for both buy- and sell-side clients. Pragma’s unique combination of broker independence and expertise in market microstructure distinguish the firm as an ideal partner for a range of clients, including exchanges, brokers, institutions and hedge funds. Before founding Pragma Securities, Mr. Mechner developed and implemented short-term trading strategies as Director of Research at Pragma Hedge Fund, and prior to entering the field of finance, he was a doctoral fellow at New York University's Center for Neural Science. His interest in intelligent systems originated during his computer-science undergraduate years, during which he spearheaded a research effort in developing a sophisticated program for the game of Go. Mr. Mechner participated in the Japanese professional promotion system for Go and still ranks among the strongest non-Asian Go players in the world.

Rachel Minard

Founder & CEO

Minard Capital, LLC

Rachel Minard is the Founder and CEO of Minard Capital LLC, a global institutional marketing intelligence and asset raising firm based in San Francisco and New York City. Before building Minard Capital, Rachel built and managed global institutional investment businesses for twenty years, including twelve years building fund of hedge fund firms, notably Cadogan Management and Corbin Capital Partners. Raising over $10 billion in the course of her career, Rachel started her marketing career in 1991 after her first company was hired to build the Ronald Reagan Presidential Library. Rachel holds a B.A. in journalism with honors from Northeastern University with notable distinction as a Wesley W. Marple Distinguished Lecturer by the university. She serves on several-high profile advisory boards, has won numerous industry awards for institutional marketing and is a member of the Investment Sub-Committee of the Westover School Endowment. She is also a frequent keynote at industry conferences including appearances on NPR, TEDsf and CNBC. Her first book, Speaking in Thumbs: The Handbook of Empathy is due next Fall 2013.

Patrick Morris

Chief Executive Officer

Hagin Investment Management

Patrick Morris is the Chief Executive Officer of HAGIN Investment Management in New York City. He also serves as the Chief Financial Officer of two natural resource companies, Monument Global Resources and PATE Environmental LLC. Mr. Morris is a partner of Indo-US Growth Opportunities Fund Inc., which has offices in both the U.S. and India. Mr. Morris is a member of the Professional Association for Investment Communications Resources (PAICR), the Amsterdam American Business Club and he is a founding member of the Society for Financial Econometrics (SoFiE). Mr. Morris is an associate member of Certified Fraud Examiners and a member of the Investment Management Consultants Association. Mr. Morris began his career at Pillette Investment Management and continued at Deutsche Bank, Pulse Trading, and Natexis before founding HAGIN Investment Management.

Mr. Morris has a BA from Syracuse University and a Masters in Political Communication from Emerson College. Mr. Morris is president of the independent film production company and fund, 57th & Irving Productions, which he founded in 2005. He is the executive producer of six independent films: American Teen, The Cake Eaters, Youssou N’Dour: I Bring What I Love, August, Choose, and La Soga.

Sunil Nair

Senior Manager of Risk Analytics

Investcorp

Sunil G. Nair joined Investcorp in May 2004 as the Senior Manager in charge of risk analytics within the hedge funds team. Sunil designed and built the risk analytical framework to monitor both operational and investment risk for the program. At Investcorp, Mr. Nair is part of the Hedge Fund investment committee, responsible for the monitoring of the risks of the managers in the Investcorp Hedge Fund Platform. Prior to joining Investcorp he was with the Reveleus division of i-flex solutions for four and a half years where he was product manager for Reveleus and head of their functional analytics group. Prior to that he spent almost seven years in the Indian financial markets as a market analyst in both the equity and fixed income markets and as chief of research in an investment firm associated with the J V Gokal family in Bombay, India. Mr. Nair holds a Post graduate degree in Management from the Indian Institute of Management, Bangalore and a Bachelor of Commerce from Bangalore University.

Charles Najda

Co-Founder and Director

Monument Street Capital Management

Charles Najda is Co-Founder and Director of Monument Street Capital Management, which runs a systematic macro strategy targeting absolute returns during all stages of the macroeconomic cycle. Launched in December 2010, the firm’s strategy uses a single quantitative investment approach to trade a defined set of instruments across many major asset classes including equities, treasuries, metals, and commodities. As Director, Mr. Najda overseas Monument Street’s investment management and risk management processes. Based outside Boston, the firm has less than $1 million in assets under management. Prior to Monument Street, he was Vice President of Primena Corporation and led the development of firm’s financial analysis and attribution software, featuring patented data modeling capabilities. Targeting the alternative asset space, the technology he developed delivered advanced risk and performance analytics for complex datasets. Mr. Najda graduated from Stanford University with a B.S. in Computer Science and a B.A. in Economics with Honors. He is a registered Commodity Trading Advisor and member of the National Futures Association. Mr. Najda is a Financial Risk Manager, certified by the Global Association of Risk Professionals.

Mitchell Nichter

Partner

Paul Hastings LLP

Mitchell Nichter practices corporate and securities law with the international law firm Paul, Hastings, Janofsky & Walker LLP, concentrating on hedge funds, offshore funds, mutual funds, closed-end funds, fund governance, and on the structuring, financing, formation and regulation (federal and state) of hedge funds and other financial services businesses. He heads up the Firm’s hedge fund practice. During his more than 20 years of practice in the hedge fund and investment management industry, Mr. Nichter’s clients have included U.S. and offshore investment and hedge funds, registered investment companies (open end mutual funds and closed-end exchange-listed funds), independent mutual fund board members, investment advisers, broker-dealers, banks, trust companies and other types of financial institutions. He has extensive experience assisting hedge fund managers, mutual funds and other financial service businesses in dealing with federal and state regulatory authorities, investor disputes, and on securities and transactional matters, including acquisitions, mergers, dispositions, reorganizations and joint ventures. Mr. Nichter regularly writes and speaks on numerous topics in the hedge fund and investment management area. He is listed in the Chambers USA Guide to Leading Investment Funds Lawyers, the Chambers Global Guide to Leading Investment Funds Lawyers, The Legal 500 (United States) as a leading hedge fund and mutual fund lawyer, and in IFLR’s Leading Investment Funds Lawyers. Mr. Nichter has a BA from the University of California, and an MBA and JD from Washington University St. Louis.

Andrew Parks

Chief Risk Officer

Angelo, Gordon & Co.

Andrew Parks joined Angelo, Gordon in August, 2009 as the Firm's Chief Risk Officer. Before joining Angelo, Gordon, Andy was associated with Morgan Stanley where he served as an Executive Director overseeing the risk management group for the ultra high net worth division in the United States and Latin America. Prior to joining Morgan Stanley, Andy worked as a corporate attorney at Cravath, Swaine & Moore in New York in the areas of mergers and acquisitions, debt and equity capital markets, secured corporate credit and real estate acquisition/finance. Andy holds a B.A. degree from Tulane University and a J.D. degree from The University of Texas School of Law.

Mark Pearl

Co-Founder

TruColor Capital Management

Mark Pearl co-founded New York-based TruColor Capital in December, 2011, to pursue a long bias emerging market strategy with embedded capital protection. Together with Co-Founder Arlen Rockefeller, the former Global Equity Chief Investment Officer of State Street Global Advisors, they have been trading proprietary money since the launch and are now seeking outside investors. Prior to TruColor, Mr. Pearl was the Managing Partner at Henderson Capital Management, a captive fund-of-hedge funds. Before that, he was a partner at Psilos, a health care-focused venture capital firm in New York. Prior to Psilos, Mr. Pearl worked with the founders of FedEx to create Medical Logistics, a national healthcare-specific courier company that raised over $100M in private equity. Previously, he was a founder of healthcare Internet company Care Agents, which was sold to CareInsite and is now known as WebMD. Mr. Pearl served as a member of the Greenwich Roundtable committee, which published the white paper Best Practices in Hedge Fund Investing: Due Diligence for Equity Strategies, in spring 2005. He also edited and co-authored an article entitled Best Practices for Hedge Funds, published in the Journal of Alternative Investments. He also served in Citigroup’s healthcare investment banking group. Mr. Pearl received his M.B.A. from Harvard Business School with second year honors and his M.B.B.S. (equivalent of M.D.) from the University of Melbourne, Australia.

Jeff Peskind

Founder and Chief Investment Officer

Phoenix Investment Adviser

Jeff Peskind is CEO and Chief Investment Officer of Phoenix Investment Adviser, which he founded in 2003. Phoenix is based in New York and has more than $300 million in assets under management. The JLP Institutional Credit Fund, launched in January, 2011, manages $3.8 million in assets and compliments the firm’s flagship JLP Credit Opportunity Fund.

From 1999 until 2003, Mr. Peskind helped found and managed the White Ridge Asset Management firm, which managed over $500 million in high yield and distressed assets. Mr. Peskind previously worked at Banc of America Securities LLC, staring in 1996 as a salesman in the high yield group. He subsequently became co-head of global special situations in 1997 and traded distressed public securities. Prior to that, he was high yield sales manager at Paine Webber from 1994 to 1996 and a high yield salesman at Morgan Stanley from 1987 to 1994. He began his career at Harvard Management, where he was an equity analyst and also a fixed income analyst.

Mr. Peskind earned his B.A. in Finance from the University of Illinois an 1983 and an MBA in Finance from the University of Wisconsin in 1985.

Gautam A. Prakash

Managing Director

Monsoon Capital

Gautam Prakash is Founder and Senior Managing Director of Monsoon Capital, which has $400 million in assets under management across investment strategies focused on India and Asia. Monsoon has offices in Mumbai, Singapore, and Washington, D.C., and a team of over 25 people. Its newest fund, the Monsoon Asia-Pacific Systematic Fund, launched in November, 2010, and trades liquid equity index futures across eight countries using a systematic trading strategy. Prior to founding Monsoon Capital in 2004, Mr. Prakash was an advisor to ChrysCapital, a multi billion-dollar private equity fund based in New Delhi. From 1993-2001, he was a venture capitalist and partner at Bessemer Venture Partners. Before that, he worked as a management consultant for McKinsey & Company in New York from 1991-1993. Mr. Prakash graduated summa cum laude in 1991 from Yale University with a Bachelor of Science degree in Molecular Biophysics and Biochemistry.

Mark Alexander Price

Founding Principal

Alprion Capital Management

Mark Alexander Price is Head of Business Controls for New York-based Alprion Capital Management, an investment management firm focused on the U.S. municipal bond market that launched a municipal-focused hedge fund in the second quarter of 2011. Mr. Price has nearly a decade of public finance experience. Prior to Alprion, he was a Vice President at Siebert Brandford Shank & Co., responsible for day]to]day banking coverage and providing financial product expertise for municipal clients. Before that, he structured and marketed municipal derivative products, leading the execution of over $3 billion of notional amount for issuers of municipal bonds at UBS. Mr. Price also served as Debt Manager of the city of Atlanta, overseeing the issuance of transactions ranging from general obligation, water and sewer, airport, and development authority credits. He is an alumnus of both the SEO Career Program and Toigo Foundation. Mr. Price received his undergraduate degree and MBA from Harvard University.

Karl Richter

Senior Portfolio Manager

AlphaOne Capital Partners

Karl Richter serves as Senior Portfolio Manager for AlphaOne Capital Partners, a specialty equity asset manager founded in late 2008 and headquartered in suburban Philadelphia. The firm has more than $330 million under management. AlphaOne currently offers two fundamental equity long/short strategies, including the AlphaOne Essentials Global Fund, LP, a long/short equity market-neutral strategy launched in July, 2010 and managed by Mr. Richter that focuses on various global investment themes. Prior to joining AlphaOne in 2009, Mr. Richter had worked at Susquehanna International Group from 2005 to 2008, where he was portfolio manager of a fundamental long/short investment strategy focused on the global technology and energy sectors. He managed a team of five research analysts. Prior to that, Mr. Richter was a senior analyst specializing in large-cap U.S. technology stocks at SAC Capital from 2004 to 2005. From 2001 to early 2004, he was a buy-side research analyst at Susquehanna. From 1999 to 2001, he was an equity research analyst at Lehman Brothers and Robertson Stephens. Mr. Richter earned a Bachelor of Science degree in Mechanical Engineering from the Massachusetts Institute of Technology.

Lindsay A. Rosenwald

Co-Founder

Opus Point Partners

Dr. Lindsay A. Rosenwald is Co-Founder of Opus Point Partners with Michael Weiss. Opus invests across healthcare, with a focus on biotechnology and life sciences, making open-market purchases as well as direct investments in publicly-traded companies, primarily through its Innovations Fund, launched August, 2008 and its Low Net Fund, launched January, 2009. The firm is located in New York City and currently manages about $70 million in assets. Prior to Opus Point, Dr. Rosenwald was the founder and Chairman of the Paramount Group of Companies, which were focused on the development of promising drugs. One of Dr. Rosenwald’s most recent accomplishments was the sale of his company, Cougar Biotechnology, a firm with a specific focus on prostate cancer, to Johnson & Johnson for about one billion dollars after results from Phase II clinical trials were available. From 1994 to 2007 Dr. Rosenwald was the investment manager of the Aries Funds, long/short alternative investment funds. From 2002 through 2006 he managed the Orion Fund, which was a committed capital fund dedicated to private investments in biotechnology, in particular PIPEs. Dr. Rosenwald received his M.D. from Temple University School of Medicine in 1983 and his B.S. in Finance from Pennsylvania State University in 1977. He maintained a private practice for two years, and in 1986 he moved to Wall Street to develop his career as a physician/analyst.

Danilo Santiago

Founding Partner

Rational Asset Management

Danilo Santiago is a founding partner of Rational Asset Management, a long-short hedge fund with $50 million in assets which he co-manages with Cláudio Skilnik. Fund operations started in April 2008, focusing on publicly traded, liquid U.S. equities. Rational has also formed a partnership with Turim Investimentos, one of the biggest multi-family offices in Brazil. Before founding Rational, Mr. Santiago worked for three years on a multi-billion dollar, fundamental-focused hedge fund in New York City. Prior to that Mr. Santiago spent six years at McKinsey & Co, the majority of which at the Corporate Finance Practice, also in New York City. Mr. Santiago holds an MBA from Columbia Business School and a BA in Electrical Engineering from the University of São Paulo (class of 1994).

Barry Schwartz

Founding Partner

ACA Compliance

Barry Schwartz is a founding partner of ACA and is responsible for coordinating and conducting mock inspections of investment advisers, investment companies and hedge funds. Mr. Schwartz also assists ACA clients in responding to SEC deficiency letters, reviewing best execution and trading practices, preparing advertisements that comply with the federal securities laws and developing customized policies and procedures. Mr. Schwartz spearheads ACA's ongoing efforts to help regulated entities make better use of technology to track and mitigate internal and external compliance risks. He is a frequent speaker at industry conferences that focus on compliance issues.

Mr. Schwartz joined the SEC's Office of Compliance Inspections and Examinations in 1998 as a Securities Compliance Examiner and was subsequently promoted to Staff Accountant. While on the SEC staff, he participated in over 90 examinations of investment advisers, investment companies, and transfer agents and subsequently referred four registered investment advisers and investment companies to the SEC's Division of Enforcement for further investigation. In addition, Mr. Schwartz lectured at the SEC's annual training seminar for new inspection staff. For his efforts to help prepare the industry for Y2K, Mr. Schwartz was awarded the SEC's Examination Award of Excellence. Prior to joining the SEC, Mr. Schwartz was employed by a prominent Washington, DC registered investment adviser. He graduated cum laude from The American University, Washington, DC , majoring in International Finance with a minor in Spanish Language Studies.

Santtu Seppälä

Founder and Chief Investment Officer

Kiitos Capital Management

Santtu Seppälä is the Founder and Chief Investment Officer of Kiitos Capital Management. The investment objective of the Kiitos Global Opportunities portfolio is to achieve long term capital appreciation by managing a long-short equity portfolio focused on companies impacted by broadly defined Global Health Trends. Prior to founding Kiitos, Mr. Seppälä worked at Cantillon Capital Management for over 4 years, both as an analyst for all Cantillon funds, as well as the Portfolio Manager for the Cantillon Health Fund. Prior to Cantillon, he worked at Lazard Asset Management for 5 years, researching stocks for international large, mid and small-cap funds, both long and short. Mr. Seppälä holds an MBA from The Wharton School and a BA in Ethics, Politics and Economics from Yale College.

Anuraag Shah

Chief Investment Officer & Portfolio Manager

Tusker Capital

Anuraag Shah is Chief Investment Officer and Portfolio Manager of Chicago-based Tusker Capital, which he founded in 2010 and which has more than $65 million under management. The Tusker Investment Fund makes global long-short investments in commodities and commodity companies based on structural and cyclical dislocations. Prior to Tusker, Mr. Shah managed a $100 million portfolio as part of the $2 billion multi-strategy Atlas Global Fund at Balyasny Asset Management. From 2003-2007, he worked at Louis Dreyfus Commodities as a Global Proprietary Trader in their Macro Group in London. From 2000-2003, he was a Derivatives Trader in European equity markets at Morgan Stanley, where he managed an options volatility portfolio. He began his career at Goldman Sachs in 1995, starting in London in Investment Research before moving to Goldman’s Fixed Income Principal Investing Group in New York, where he invested Goldman’s capital in U.S. distressed assets, including both equity and debt. Mr. Shah holds both a bachelors and masters degree in economics from the London School of Economics, and an MBA from INSEAD.

Matthew S. Simon

Senior Analyst

TABB Group

Matthew S. Simon joined TABB Group in November 2005, following four years with T. Rowe Price Associates at its corporate headquarters in Baltimore, Md.

In his role as an investment liaison, Mr. Simon worked with senior portfolio managers, institutional clients and internal staff in operations, trading and compliance. Previously, as a senior associate at the firm, he supported major corporate initiatives for retail mutual funds and institutional accounts. Mr. Simon also helped produce research on benchmark reporting, net asset value and internal rate-of-return comparisons, portfolio and sector characteristics, performance attribution, and technology support to enhance capabilities.

Developing an expertise in institutional technical environments and business applications, Mr. Simon won several awards at T. Rowe Price for his design and improvements of processes that resulted in firm-wide efficiency gains.

Robert Sloan

Managing Partner

S3 Partners

Bob Sloan founded S3 Partners in 2003 and is the Managing Partner. S3 Partners is a hedge fund service provider that lowers a manager’s expense ratio by managing securities lending, collateral management and counterparty documentation risk.

He is the author of the book, Don't Blame the Shorts: Why Short Sellers are Always Blamed for Market Crashes and How History is Repeating Itself (McGraw-Hill/Fall 2009), which was nominated for Spear's book awards shortlist - financial history book of the year in 2010. Bloomberg and the Economist also recognized it as one of the top business books of 2010. Mr. Sloan has appeared on CNBC, CNBC Europe and C-SPAN and as a guest lecturer at many universities and think tanks like Cato Institute. Mr. Sloan has also written articles for the Financial Times, Vanity Fair and Alpha Magazine.

In addition, Mr. Sloan serves as a Member of the Board for MF Global Ltd., the world's largest exchange traded derivatives broker.

Prior to S3 Partners, Mr. Sloan was a Managing Director and the Global Head of Prime Brokerage, Equity Finance and Delta One products at Credit Suisse First Boston. In addition, he was a member of the Firm’s Securities Division Operating Committee and Product Managers Committee. In 1998, Mr. Sloan founded and chaired the Dow Jones Credit Suisse Index Co., which was the first investable benchmark index for alternative investments.

From 1989 until 1996, he worked at Lehman Brothers in the equity derivatives and central funding unit. Prior to his career on Wall Street, Mr. Sloan was a speech writer and translator for the Ministry of International Trade & Industry (MITI), Tokyo, Japan. Mr. Sloan received a Bachelor of Arts from Washington & Lee University.

Darren Spencer

Director of Alternative Investment Consulting

Russell Investments

Darren Spencer is director of alternative investment consulting for Russell Investments’ Americas institutional business. Based in New York, Darren is responsible for directing the development and implementation of alternative investment strategies for Russell’s consulting clients in North America. Prior to joining Russell in 2011, Darren worked as a director for Dorchester Capital Advisors, a role he held since September 2008. From March 2003 through September 2008, Darren was global head of alternative investments at Aon Investment Consulting in Chicago. In that role he was responsible for the development of Aon’s alternative investment research and consulting platform. He was the primary architect of Aon’s alternative investment research process and the primary consultant on alternative investing for Aon’s North American consulting clients. Prior to relocating to Chicago, Darren was based in Sydney, Australia where he was a co-founder of Aon’s investment consulting practice in Australia. Darren has extensive global experience in alternative investment manager research and the implementation of alternative investments into client portfolios across a broad range of strategies, including hedge funds, private equity, infrastructure and real estate. Darren received a Bachelor of Economics from Flinders University.

Ron Suber

Senior Partner

Merlin Securities, LLC

Ron Suber has more than 20 years of experience in sales, marketing, public relations, branding, strategy and business development across the alternative investment business. Prior to joining Merlin, Mr. Suber was President of a leading Fund Administrator. He worked at Bear Stearns from 1992 to 2006 where he was a Senior Managing Director and the Manager of Global Clearing Sales for the Prime Brokerage, Broker Dealer Clearing & Registered Investment Adviser businesses. He holds a B.A. in Economics from the University of California at Berkeley. Mr. Suber now serves on the Hedge Funds Care and HazelTree Board of Directors. Mr. Suber recently co-published 2 white papers about “The Spectrum of Institutional Investors” and The Business of Running a Hedge Fund”.

David Tawil

Co-Founder and Portfolio Manager

Maglan Capital

David D. Tawil is Co-Founder and Portfolio Manager of Maglan Capital, a hedge fund firm based in New York with $110 million under management that focuses on distressed debt and equity of corporations approaching or experiencing bankruptcy, restructuring and other value-unlocking events. The Maglan Distressed Fund launched in January. Prior to Maglan, Mr. Tawil was an investment banker with Credit Suisse, where he served as Director of Leveraged Finance and co-managed the fixed-income alternative asset trading business, focusing on sourcing and trading illiquid high-yield and distressed debt. Before that, he was an attorney with Davis Polk & Wardwell, specializing in workouts and bankruptcies. He began his legal career as an associate at Skadden, Arps, Slate, Meagher & Flom LLP. Mr. Tawil earned a Bachelor of Science degree in Business Management, graduating magna cum laude, from Yeshiva University. He received his law degree from the University of Michigan Law School.

Bjorn Tuypens

Chief Investment Officer

Platinum Grove Asset Management

Bjorn Tuypens is Co-Managing Principal and Chief Investment Officer of Platinum Grove Asset Management, L.P., and is the Chairman of the Capital Allocation Committee. Platinum Grove primarily invests in sovereign bonds and related interest rate instruments seeking to exploit the relative value opportunities created by supply-demand imbalances in G10 countries. Platinum Grove was founded in 1999 by Myron Scholes and Chi-Fu Huang. In May 2009, senior members of the firm acquired a majority stake in the business from its founding principals. Dr. Tuypens assumed the role of Platinum Grove CIO in May, 2009. Prior to this, he was the Head of European Fixed Income Trading and Research from September 2006 and in charge of the UK and Scandinavian Fixed Income markets since October 2005. He is the architect of Platinum Grove's inflation models and he has contributed extensively to the development of its current swap and bond trading tools and analytics. Dr. Tuypens was born in Belgium, holds an M.A. in Economics from Université Catholique de Louvain and graduated with a Ph.D. in Economics from Yale University. At Yale, he wrote a dissertation on the predictability of the equity market under the supervision of Professors Robert Shiller and Peter Phillips. In addition, he has a number of peer reviewed publications on the econometrics of option pricing models and the leading indicators of the equity market.

William A. Ullman

Managing Director

Harbor Drive Asset Management

William A. Ullman is Managing Director of Harbor Drive Asset Management of Stamford, Conn., and Co-Manager of the Harbor Drive Fund, which has $20 million in assets under management. The fund , which launched in 2007 and began marketing to outside investors in May, employs an opportunistic event driven approach with a focus on distressed credit, high yield bonds, busted converts, relative value arbitrage and long/short equity. Prior to joining Harbor Drive Fund in 2006, Mr. Ullman founded Right Wall Capital Fund, LP, a limited partnership focused on investing in the financial services sector; initial strategic funding came from Bear Stearns. In 2001, he became head of business development for Bear Stearns’ Global Clearing Services Department, managing two groups focused on developing and growing the firm’s clearing and prime brokerage franchise and managing the department’s top 120 client relationships. . In 1997, Mr. Ullman joined Bear Stearns’ Financial Institutions Group as a Managing Director and was promoted to Senior Managing Director in 1999. In that role, he managed the group’s corporate finance practice for asset managers, broker dealers and “e-finance” companies. He began his career in 1989 as an associate in the Financial Institutions Group in Merrill Lynch’s Investment Banking Department, where he became a Director in 1997, spending four years based in New York and three years in London. Mr. Ullman graduated cum laude from Princeton University in 1985 and received his MBA from UCLA’s Anderson School of Management in 1989.

Marita K. Wein

Partner

Alternative Investment Group

Marita K. Wein is a partner responsible for risk management at Alternative Investment Group, an independent investment management firm headquartered in Southport, Conn. that she joined in 2003. Prior to that, she served as Senior Vice President of Operations, Technology and Risk Management at Commonfund, a $35-billion investment management organization serving endowments, foundations and other non-profit institutions. She was with Commonfund for 17 years. Prior to that, she was a senior financial analyst with Van Eck Associates starting in 1987, where she provided financial analysis and portfolio recommendations for a global equity fund. From 1983 to 1985, she was operations manager with Shearson Lehman Brothers. She graduated from Connecticut College with a B.A. in economics, summa cum laude.

Philip Weingord

Seer Capital

Philip Weingord is the Managing Principal and CEO of Seer Capital Management. Seer, based in New York City, focuses on securitized products and manages approximately $425 million. Seer’s flagship hedge fund, Seer Capital Partners, launched in May 2009 and has assets of approximately $202 million. Mr. Weingord was previously with Deutsche Bank for 8 years, most recently as Head of Global Markets Americas. His responsibilities included the oversight for all Fixed Income and Derivatives business in the U.S. and Canada, including Interest Rate and Credit Trading, Credit and OTC Derivatives, Foreign Exchange, Commodities, Securitized Products, Mortgages, Institutional Sales and Research. Prior to this appointment in March 2004, Mr. Weingord was Head of Global Securitized Products, which included Asset-Backed Securities, CDOs and Mortgage-Backed Securities. He was on the Board of Directors of Deutsche Bank Securities, Inc. since 2004 and a member of the Deutsche Bank Global Markets Executive Committee since 2001. Prior to joining Deutsche Bank in March 2000, Mr. Weingord was Co-Head of ABS at Credit Suisse First Boston where he worked since 1986. From 1984 to 1986 he worked as a computer systems consultant for American Management Systems. Mr. Weingord holds a B.S. in Computer Science from SUNY-Albany.

Chris Weldon

Managing Partner

Prospect Hill Capital Management

Chris Weldon is Managing Partner and Founder of Prospect Hill Capital Management, which operates an event-driven, multi-asset-class investment strategy. The firm has under $20 million in assets under management and is located in Washington, D.C. Mr. Weldon has 11 years of experience investing and trading in stressed and distressed high yield, convertibles and bank loans. In 2007, he started and managed the non-control distressed team for HG Capital’s $500 million Bayside Fund I, with 20% allocated to Mr. Weldon’s group. Prior to that, he was with CRT Capital Group from 2004-2007, where he was responsible for the convertible and distressed high yield trading operation. From 2000-2004, Mr. Weldon was at Lehman brothers, where he traded a distressed convertible and high yield portfolio. He began his career in finance as a high yield analyst and trader at Wells Fargo in 1999. Mr. Weldon spent five years as an industrial engineer at Texas Instruments. He holds an MBA from Southern Methodist University and a BS from Michigan State University.

Inna White

Chief Investment Officer

Althea Group

Inna R. White is the founder and chief investment officer of Althea Group, a fund of hedge funds dedicated to fixed income strategies. Althea invests in mid-size hedge fund managers within corporate and sovereign credit, fixed income arbitrage and global macro strategies (mainly non-equity based). Prior to founding Althea Group, Ms. White was a Senior Vice President at Lehman Brothers in the Alternative Portfolio Solutions (“APS”) Group focusing on structured hedge funds and fund of funds linked products. She started and built the APS Group for Lehman Brothers North America. Before joining Lehman Brothers, Ms. White spent 9 years at Deutsche Bank and Bankers Trust in a variety of structured derivatives roles. She is a member of the CFA Institute, NYSSA, the NASP-NY Legislative Committee, the 100 Women in Hedge Funds Philanthropy Committee, and the Board of Directors of Wingspan Arts. Ms. White received her Bachelor of Science degree in Economics and Finance from the Stern School of Business.

Samuel K. Won

Founder & Managing Director

Global Risk Management Advisors, Inc.

Samuel K. Won is the Founder and Managing Director of Global Risk Management Advisors, the leading independent risk management advisory firm that provides institutional quality investment risk management advisory and implementation services to asset managers and institutional investors.

Mr. Won has over 25 years of risk management, capital markets, trading and portfolio management experience at major financial institutions in the public and private sectors. In the investment management industry, Mr. Won was Chief Risk Officer at Brencourt Advisors, Chief Risk Officer at Ospraie Management, and he headed up investment risk management of over $44 billion in alternative assets for Citigroup Alternative Investments. On Wall Street, Mr. Won led trading risk management for customer trading, proprietary trading and capital markets for Citigroup Global Markets, and he played a similar role as Global Head of Risk Management at Dresdner Kleinwort Benson. In the public sector, Mr. Won was in charge of risk management for the capital markets portion of the bailout of the Savings and Loan industry during the 1980s. Mr. Won played a leading role in creating the risk management section of the Managed Funds Association’s Sound Practices for Hedge Fund Managers. He has advised leading hedge funds, private equity funds, other asset managers, institutional-investors and regulatory agencies, including the SEC, the Federal Reserve, the Office of the Comptroller of the Currency and the FSA, on major risk management, trading and capital markets issues and policies.

Mr. Won has extensive experience in investment risk management, risk architecture and analysis, asset allocation/risk budgeting, performance and risk attribution, portfolio and trading strategy, and investor relations and marketing for a wide range of asset classes and investment strategies, including hedge funds, private equity, real estate and long-only investments. In addition, Mr. Won served on the investment and risk committees at several major financial institutions, where he headed up investment risk management.

Mr. Won completed a BA at Northwestern University, attended the Tuck School of Business at Dartmouth College and received a Masters degree from Columbia University with a concentration in International Finance and Economic Policy Management.

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