Stewart Massey is a member of The College of Wooster's Board of Trustees where, since 1992, he has been the Chair of the Investment Committee and a Member of the Executive Committee. Ohio-based Wooster College has been ranked as having the highest allocation to hedge funds--82%--among university endowments, according to figures from the National Association of College and University Business Officers.

Massey is a Founding Partner of Massey, Quick & Co., LLC. Prior to founding the wealth advisory, he was President of a nationally ranked wealth management firm with over $1 billion in assets. Massey joined Morgan Stanley's Private Client group in 1983 after four years with Dean Witter Reynolds. From 1988 through 1993, he led Morgan Stanley's private client businesses in Asia, Australia, and Japan. Massey was Head of Japanese Equity Sales in New York from 1993 through 1996, and returned to Tokyo as Head of Equity Sales and Global Head of Japanese Equities in 1996. Massey served as President and CEO of Robert Fleming, Inc. in 1997 and 1998. At Flemings, he had regional responsibility for equity sales and trading, research, capital markets, investment banking, and asset management in North and South America, serving on the Board of Directors and Executive Committee of the parent company in London. Massey returned to Morgan Stanley in September of 1998 as Head of Institutional Sales, Marketing and Product Development for the firm's prime brokerage business.

Massey holds a BA degree in History from The College of Wooster. He is a member of the Oncology Philanthropy Leadership Council of the Morristown Memorial Health Foundation.

Patricia Callan has been a Trustee of Scripps College in Claremont since 1990 and has chaired the college's investment committee since 1991. Scripps is part of the Claremont Colleges and is a liberal arts college of 850 women with an endowment of $230 million. The college does not have any dedicated investment staff, and thus the investment program is committee directed. Approximately 50% of the endowment portfolio is currently in alternative investments, of which 15% is absolute return hedge funds and 11% is long/short hedge funds.

Callan was instrumental in creating the Investment Advisory Committee for City of Hope, serving on that committee for its initial years. She is a current member of the Investment Committee for the Huntington Library and a member of the Advisory Board for Commonfund Capital, Inc. Callan started her investment career at Goldman Sachs & Co, where she spent 19 years and had a number of different responsibilities in the Institutional Sales and Trading Department. In addition to her experience in working with large institutional accounts, Callan spent four years working with high-net-worth individuals, families and family foundations, where she had responsibility for developing and implementing investment programs into diversified portfolios of core and alternative assets. She is currently part of the marketing and client relations team at Taconic Capital Advisors LLC, an investment firm focused on absolute return investing and co-founded by Ken Brody and Frank Brosens, both ex-partners of Goldman Sachs & Co.

Callan has a B.A. in European Studies from Scripps College, where she was elected to Phi Beta Kappa, and a M.B.A. from the Anderson Graduate School of Management UCLA.

Eamonn Dolan, CFA, is Chief Investment Officer of CM Capital Corporation ("CMC"). CMC is a private investment and advisory services company located in Palo Alto, California and is a member of the Cha Group of companies. The Hong Kong-based Cha Group's business operations span the globe and include textile, other manufacturing, real estate, technology and financial services. CMC provides investment advice on two portfolios invested primarily in alternative asset classes. Investments include hedge funds, venture capital, LBO funds, equities, and real estate.

Dolan's primary responsibilities include asset allocation, strategy formulation, portfolio management, manager selection, process design and management of the firm's investment team. Previously, he was Chief Investment Officer of Dresdner RCM's $19 billion global fixed-income division. He was a partner of the firm and served on the Executive Committee. Earlier in his career, Dolan was a Vice President and Portfolio Manager at PIMCO. In addition to managing international and US portfolios, he created and managed Stocks-Plus, PIMCO's synthetic equity product.

Dolan earned his Master's in Management from MIT, and his BS in Managerial Economics with Highest Honors from the U.C. Davis.

Amy Hirsch, CEO of Paradigm Consulting Services, L.L.C., primarily focuses on manager due diligence, asset allocation and portfolio analysis. Paradigm is a consultant and investment advisor that specializes in hedge funds and managed futures. Its clients have invested over $10 billion in hedge funds, and Paradigm has discretion over $1 billion in hedge fund assets on behalf of single interest pools of capital.

Throughout her 25 years of experience in alternative investments, Hirsch has worked in numerous capacities, primarily focused on hedge funds, futures and commodities pools, interbank currencies and derivatives. During half of her 12-year tenure at Merrill Lynch & Co., she was Vice President, ML Futures Investment Partners, Inc., where she created and ran the trading group for the commodity pool operator. She was then Senior Vice President of Smith Barney, Harris Upham, & Co., responsible for the Managed Futures Group. She spent two years with Link Strategic Investors, Inc. and was a founding partner of Paradigm LDC in 1994.

Hirsch authored a chapter titled "Risk Obsession: Does it Lead to Risk Aversion?" in Risk Budgeting, A New Approach to Investing published by Risk Books. She is NFA registered as an AP Member and serves on the NYMEX Institutional Money Management Advisory Committee. Hirsch received her BA, cum laude, in Economics from Fordham University.

James J. Dunn joined Wilshire Associates Inc as a Vice President in 2005 and is a member of the team overseeing Wilshire Funds Management's hedge fund efforts. Wilshire Associates is an independent employee-owned investment advisory company that serves over 600 organizations in over 20 countries representing assets totaling more than US $12.5 trillion.

With more than 10 years experience in investment management, Dunn has consulted to various institutions on a wide range of topics related to hedge funds, including direct strategy and fund of hedge fund searches. He also has experience managing a large commercial hedge fund database as well as the operations of two single strategy hedge funds. In this latter role he was in charge of designing, coordinating and implementing all trading, marketing, research, correspondence, capital accounting and finance for the funds.

Dunn earned his BS from Villanova University in Business Administration and Finance.

Alexander Klikoff is the Managing Partner and Fund Manager of Fintan Partners, an absolute return fund of hedge funds established in May 2005 with founding investments from Stanford University and Regis Management Company. It manages over $325 million in assets for various foundations and high-net-worth families.

Klikoff served as Managing Director of Absolute Return for Stanford Management Company, responsible for all aspects of the $1.8 billion of Stanford University's endowment allocated to absolute return investments. He was with Stanford from April 2001 to March 2005. Prior to this, Klikoff was an ERISA fiduciary with Alan D. Biller & Associates Inc., where he focused on pension plan portfolio and investment consulting from 1997-2001. Before joining Alan D. Biller, Klikoff worked at Lehman Brothers' institutional equity sales division.

Klikoff received a B.A. from the University of Pennsylvania in 1992 and an M.B.A. from the Peter F. Drucker School of Management, Claremont Graduate School, in 1997.

James C. McKee, Senior Vice President and Director, Hedge Fund Research Group, specializes in hedge fund research, addressing related issues of asset allocation, manager structure, manager search, and performance evaluation for Callan Associates' institutional clients. McKee is a shareholder of the firm, whose primary client base includes pension plans, foundations and endowments, including defined benefit and defined contribution plans. Within this market, Callan represents roughly 275 fund sponsor clients with almost $1 trillion in assets.

McKee joined Callan Associates in 1989 as a capital markets research specialist conducting asset-liability and asset allocation studies for fund sponsor clients. Prior to his career at Callan, he worked with the Pacific Stock Exchange (PSE) from 1982 to 1989. Until 1985, he worked on the PSE's options trading floor. Thereafter, as manager of the PSE's securities research department, McKee was responsible for developing and monitoring new stock, bond, and option listings.

McKee received a B.A. in Economics/Environmental Studies from Dartmouth College in 1982. He received his M.B.A. in Finance from Golden Gate University in 1987. His graduate studies focused particularly on publicly traded securities and capital markets.

Stan Kowalewski serves as Managing Director of the Fund of Funds Group at Columbia Partners LLC Investment Management, responsible for all hedge fund of funds investments. Washington, DC-headquartered Columbia Partners currently manages over $2 billion for a variety of clients, including union and Taft-Hartley funds, public and corporate funds, foundations, endowments, families, trusts and individuals.

Prior to joining Columbia, Kowalewski was a Managing Director at Global Asset Alternatives, where he was the investment manager for Phoenix Capital Management, L.P., which he founded in May of1997. Prior to joining Global in 2004, Kowalewski was the Chief Executive Officer and Chief Investment Officer of Phoenix Advisers from 1995 until early 2004, when he sold Phoenix to Global Asset Alternatives. He began his career as an investment analyst for and as part of the management team of Waterfront International, an affiliate of Trout Trading Company.

Kowalewski received his BA in government from Dartmouth College.

Tom Bonenberger is the Chief Investment Officer of Quantitative Strategies at Ritchie Capital Management. The global alternative asset management firm, founded in 1997 by Thane Ritchie and headquartered in Geneva, Illinois, has approximately $3 billion in assets across its flagship Global Multi-Strategy, Energy, Risk-Linked, Global Credit, International and Quantitative investment strategies.

Since joining Ritchie in June of 1999, and helping found the quantitative strategies team, Bonenberger has provided management oversight including portfolio and risk assessment. Previous to joining Ritchie, he was the Senior Regulatory Economist at Amoco Corporation.

Bonenberger has an MBA from George Washington University and a BS in Mechanical Engineering from Oklahoma State University.

Gustavo Dominguez joined the New York office of Gottex Fund Management Ltd in June 2005 as Managing Director, Investments. The global fund of hedge funds manager has over $5 billion in assets under management.

Prior to Gottex, Dominguez was a Managing Director at J.P. Morgan in the Emerging Markets Division, where he was in charge of the Emerging Markets Americas business--sales, trading, research, syndicate and capital markets execution for cash foreign exchange, fixed income and credit, foreign exchange and fixed-income derivatives. Dominguez also ran J.P. Morgan's Emerging Markets global proprietary business and chaired the EM Global Risk Committee for seven years. Until December 2000, Dominguez was Global Head of Risk Taking for the International Fixed Income Division of Chase Manhattan Bank. Prior to joining Chase 1994, he was employed with J.P. Morgan for eight years, where he held the position of Co-Head of Mortgage Backed Securities Trading for 18 months. During his employment with J.P. Morgan, he also ran US dollar interest rate options trading within the US dollar derivatives business.

Dominguez holds a Bachelors degree and a Doctorate in Economics from the University of Buenos Aires.

Geoffrey Lasry is an Associate Director and the Product Manager responsible for implementing portable alpha strategies at Pacific Alternative Asset Management Co. (PAAMCO). PAAMCO has $7.4 billion in funds of hedge funds.

Lasry also oversees the day-to-day management of the Account Management Group and is a member of the Account Management Committee. Prior to joining PAAMCO, Lasry was an account manager at PIMCO, where he managed institutional client relationships focused on fixed-income portfolios. He began his career as a fixed-income trader at Republic National Bank of New York (now HSBC). He has eight years of investment management experience.

Lasry graduated from New York University with a BA in English Literature and received his MBA in Analytical Finance from the Kellogg School of Management at Northwestern University.

Von M. Hughes is the Director of Account Management and a Member of Pacific Alternative Asset Management Co. (PAAMCO). PAAMCO has $7.4 billion in funds of hedge funds.

Hughes is responsible for overseeing client service and marketing efforts and has select portfolio construction and investment management responsibilities. He is a member of the Investment Management and Account Management Committees. Prior to joining PAAMCO, Hughes was a Managing Director at Utendahl Capital Partners, L.P., where he developed and managed the firm's Mergers & Acquisitions Group and ran client service and marketing. He began his career as an Associate in the Mergers & Acquisitions Group and later as a Vice President in the Equity Capital Markets Group, both at Goldman, Sachs & Co. (New York).

Hughes graduated from Yale University with a B.A. (cum laude) in Philosophy, received his J.D. from Harvard Law School (where he was an editor on the Harvard Law Review), and received his M.P.P. from the John F. Kennedy School of Government at Harvard University.

Jay Steinle is responsible for institutional investor and consultant relations at Lighthouse Investment Partners, LLC, a fund of hedge funds manager with over $4 billion under management. Lighthouse manages multi-strategy and single-strategy funds with the objective of preserving and compounding investor capital over time while minimizing risks normally associated with traditional styles of investment.

At Lighthouse, Steinle is responsible for regularly updating existing cliets, their consultants and prospective investors on all facets of Lighthouse investments and operations. He also works with the firm's investment and risk committees to develop and enhance Lighthouse's complementary core and satellite funds. Prior to joining Lighthouse, Steinle was Director of Marketing for EACM Advisors, a fund of hedge funds firm owned by Mellon Financial. At EACM, Steinle directed the capital raising initiatives for the firm's domestic and international business and worked with consultants worldwide. Prior to that, he established the East Coast offices for the financial sales efforts of Hoover's Inc., a corporate and financial information provider, and Research Magazine, a publication for financial advisors.

Steinle earned his Bachelor of Science from the University of Vermont.

Jack W. Swan is a Senior Product Manager at Lighthouse Investment Partners, LLC, a fund of hedge funds manager with over $4 billion in assets under management. Lighthouse manages multi-strategy and single-strategy funds with the objective of preserving and compounding investor capital over time while minimizing risks normally associated with traditional styles of investment.

Swan helps manage the distribution of Lighthouse Funds across global distribution channels. This effort includes educating and communicating with intermediaries and current and prospective partners on all facets of the Lighthouse portfolio construction process and business design. Swan's previous experience was as a Financial Consultant with Merrill Lynch. He began his career in the capital markets working for Trout Trading Management Company in Bermuda, with five current members of the Lighthouse team.

Swan earned a BA in English Literature from the University of Georgia while earning letterman honors in varsity football and was elected offensive team captain.

Ash Williams is a Managing Director and Head of Investor Relations at Fir Tree Partners, a value-oriented hedge fund. New York City-headquartered Fir Tree has over $2.5 billion in assets under management .

Prior to joining Fir Tree, Williams was President and CEO of Schroder Capital Management. Prior to Schroders, he was Executive Director of the Florida State Board of Administration, one of the nation's largest and best performing pension investment institutions.

Williams holds B.S. and MBA degrees from Florida State University and chairs the FSU Foundation's Investment Committee.

David Harmston, Head of US Client Services, joined Albourne in March 2000. The independent hedge fund consultant has been advising investors on direct hedge fund investments since 1994. Albourne performs manager screening, due diligence, portfolio construction, strategy timing and risk management for a fixed fee. Its clients have over U$50 billion invested directly in hedge funds.

In October 2001, Harmston set up Albourne's San Francisco office and was Head of US Operational due diligence. Prior to Albourne, he received his MBA from the University of Cape Town and previously worked at JP Morgan Investment Management in London

Enrique Abeyta is a Founding Partner and Senior Portfolio Manager at Stadia Capital, LLC, in New York, a fundamental long/short US equity hedge fund manager with approximately $850 million in assets under management. Stadia has three institutionally oriented funds, its flagship low-volatility, absolute return long/short equity Core strategy and two sector strategy funds.

Prior to co-founding Stadia in December 2000, Abeyta was a Vice President for Investments with Red Coat Capital Management, LLC, with specific coverage responsibility for the media, telecommunications and utility sectors. From April 1997 to September 1999, he was a Senior Equity Research Analyst and Portfolio Manager with Atalanta/Sosnoff Capital Corporation. Before joining Atalanta, Abeyta was with the Private Equity Group of Lehman Brothers focusing on equity private placements in early- and late-stage venture capital opportunities. He has also worked as part of the fixed-income syndicate desk at Lehman Brothers and as a Quantitative Derivatives Analyst with Barings Securities in Tokyo.

Abeyta graduated from the Wharton School of the University of Pennsylvania in 1995 with a B.S.E. in Finance and Multi-National Management and a B.A. from the College of Arts & Sciences in Japanese.

Gordon C. Haave is Director, Investment & Consulting Group at Asset Services Company, a $3.2 billion institutional consulting business based in Oklahoma City, OK. In addition to the traditional consulting services of investment policy formulation, asset allocation, and manager search and selection, ASC specializes in the specific needs of family offices, religious foundations and the asset management needs of small insurance companies.

Haave came to ASC from Devon Energy, where he managed a $1 billion short duration fixed-income portfolio and also managed the cash group of the Treasury Department. Prior to that, he worked in the Zurich Treasury office of Kerr-McGee Luxembourg, S.a.r.l.; as the CFO for a $25 million (revenues) construction firm in Greenwich, CT; and as the Vice President of R.B. Haave Associates, Inc., HK Partners, LP, and H&K International, LLC, a $300 million money management and hedge fund business based in New Canaan, CT.

Haave received his undergraduate degree in economics from Columbia University in New York, and holds an MBA from the University of Oklahoma. He teaches economics in the MBA program at Southern Nazarene University.

Todd Ladda is the head of a hedge fund joint venture between Trust Company of the West (TCW) and SG Asset Management Alternative Investments. SG Asset Management Alternative Investments manages approximately $7 Billion in various hedge funds of hedge funds, multi-strategy and single-manager hedge funds and seeding vehicles. Trust Company of the West, with approximately $125 billion of assets under management, is an indirect subsidiary if Societe Generale, S.A., and a member of the Societe Generale Asset Management division.

Prior to joining TCW, Ladda was a Managing Director and Head of Sales, Marketing and Distribution for Oppenheimer & Co.'s Alternative Investments Group and served on the group's Risk Management and Due Diligence Committees. Following his tenure at Oppenheimer, Ladda was the Chief Marketing Officer for Alkeon Capital, a $1 billion long-short technology hedge fund. Subsequently, he co-founded GreenWave Capital, an investment firm that developed and distributed hedge fund products for the high-net-worth and institutional marketplace.

Ladda received a BA in Political Science from Princeton University.

Daniel Solomon is Director of the Client Management Group at Drake Management LLC, which was founded in 2001, has 66 employees and manages $2.7 billion in three multi-strategy fixed-income hedge funds and $350 million in long-only accounts.

Prior to joining Drake in early 2003, Solomon enjoyed a 10-year career at Goldman Sachs, including seven years as a sales-trader on two fixed-income trading desks. In this capacity, he provided market overviews, credit and relative value analysis and trade execution expertise to Goldman Sachs salespeople and their clients, including institutional investors, ultra high-net-worth individuals, foundations and endowments. Solomon later led a team in Private Wealth Management, advising ultra high-net-worth families on strategic investment issues such as asset allocation, portfolio construction and risk management, as well as personally managing fixed-income and cash management portfolios for clients.

Solomon graduated Princeton University magna cum laude in 1992 and earned the Chartered Financial Analyst ("CFA") designation in 1999. He serves on the Board of Trustees for Chess in the Schools, the Investment Committee of Citymeals-on-Wheels and the Cardiology Leadership Committee for the North Shore/LIJ Hospital System.

Brad Williams is the Head of North American Institutional Distribution for Goldman Sachs Hedge Fund Strategies. The group has been in the business of finding, evaluating, and investing with leading hedge fund managers since 1969. It manages over $15 billion for ultra-high-net-worth clients and institutional investors.

Prior to joining HFS, Williams spent four years in the Private Equity Group as the Head of US Product Management. He previously worked in the Private Asset Management Group, where he focused on the Firm's relationships with high-net-worth individuals and institutions. Williams began his career at GSAM in the Funds Group in Chicago.

Williams graduated cum laude with a B.A. in politics from Princeton University. He received a J.D. and M.B.A. from Vanderbilt University. He is a member of the Oklahoma Bar Association and a Chartered Financial Analyst.

Matthew L. Robertson, Absolute Return Portfolio Manager for the Teachers Retirement System of Texas, is responsible for co-managing a $1.6 billion hedge fund portfolio. The $94 billion Texas Teachers pension fund has an absolute return target allocation of 1.5% and has been investing in hedge funds since December 2000.

Robertson runs the relative value and event-driven areas for the pension fund, from initial due diligence to redemption if necessary, using risk-budgeting concepts. He has initiated a variety of systemic improvements including a new consultant and benchmarking. Prior to joining Texas Teachers, Robertson was a Portfolio Manager for DIROHA, LLC from 2002-2004, where he co-managed a $25 million long/short equity portfolio. From 1994-2001, he was an International Portfolio Manager – Fixed Income for Neuberger & Berman, LLC. Prior to Neuberger & Berman, Robertson was the Chief Operations Officer for Head Asset Management, LLC, from 1993-1994.While there he launched the largest IPO – Partner Re – on NASDAQ at the time for $1.1 billion. Before Head Asset Management, he held foreign exchange sales positions at three New York firms.

Robertson received an AB in Economics with honors from Harvard University in 1980 and an MBA in Finance and Statistics from the University of Chicago in 1897.

Peter F. Tobeason is President of J.H. Whitney Commodity & Macro Trading

Advisors, LLC., which comes under the J.H. Whitney Investment Management, LLC umbrella. The New York-based public market-oriented entity of private equity firm J.H. Whitney & Co. has $3.3 billion in assets under management in multi-manager and single manager hedge funds.

Tobeason has more than 14 years of direct commodity, foreign exchange and macro-based experience starting in 1983 with Commodities Corporation, where he invested proprietary capital for the firm. In 1986, Tobeason formed Reynwood Trading Corporation, a commodity and foreign exchange investment management firm, where he directed investment advisory activity in the futures, forex, fixed-income and options markets for institutional clients. Additionally, he was a Managing Director of Signal Equity Partners.

Tobeason received a B.S.E. in Engineering from Princeton in 1982.

John O'Connor is the CEO of J.H. Whitney Investment Management, LLC. The New York-based public market-oriented entity of private equity firm J.H. Whitney & Co. has $3.3 billion in assets under management in multi-manager and single manager hedge funds.

Previously, O'Connor was Executive Partner of JP Morgan Partners and a Managing Director of JP Morgan Chase. He was responsible for all proprietary and client hedge fund and fund of funds activities of JP Morgan. Also, he was a member of the Risk Management Committee of JP Morgan Chase, which is responsible for policy formulation and oversight of all Market and Credit Risk taking activities globally.

O'Connor received a B.A. in Economics with honors from Tulane University and an M.B.A with honors from Columbia Business School.

Frank Brochin is a Partner of StoneWater Capital LLC, a specialized asset management firm run by a small group of partners with significant public and private equity investment experience. The New York City-based firm was founded in 2004 and manages over $200 million in a global family of long-bias, funds of hedge funds.

Brochin is responsible for the firm's Asian offering, including its Asia ex-Japan, Japan and Indian funds. He was most recently a partner of Warburg Pincus, where he worked in both the New York and London offices, making and managing direct investments in the areas of enterprise software, IT services and communications technologies. Prior to Warburg, Brochin started his career as a research engineer with Nippon Telegraph and Telephone Corporation (NTT) in Tokyo, Japan, before joining Nortel Japan as the manager of its Advanced Technology group.

Brochin holds a Ph.D. from Princeton University and an M.B.A. from the Harvard Graduate School of Business Administration. He currently is the Chairman of the Board of Trustees of the French-American School of New York and has also served on several boards of directors of companies in the United States, Israel and Europe.

James Cunningham is the Portfolio Manager responsible for over $300 million in Basic Materials investments at Passport Capital, LLC. The San Francisco-based hedge fund, founded in 2000, has over $1 billion in assets under management across various global sectors/strategies and four fund products: Global, India, Materials and Offshore Oil Services. Cunningham also manages the newly launched Passport Materials fund focused on small-cap global Basic Materials opportunities.

Prior to joining Passport, Cunningham was a Portfolio Manager with Renberg Capital Management. He co-managed $500 million in assets for wealthy individuals and institutions. Before investment management, Cunningham worked in the high-tech industry as a Vice President of Business Development for Crossroads Software and as a Senior Director in the Worldwide Industry Strategy Group for Oracle Corporation. Earlier in his career, Cunningham also worked as a Management Consultant for Booz Allen & Hamilton and as a manager in the Information Services Group for Morgan Stanley & Co.

Cunningham received a B.S. in Financial Economics from Lehigh University and an M.B.A. from the Stanford Graduate School of Business. He also holds the Chartered Financial Analyst designation.

John Burbank is the Chief Investment Officer and Founder of Passport Capital LLC, a San Francisco-based hedge fund established in 2000. Currently the firm manages $1 billion in assets across various global sectors/strategies through four fund products: global, India, materials and offshore oil services.

Prior to founding Passport, Burbank was an equity analyst with JMG Triton, a $1 billion market neutral arbitrage fund. Before joining JMG, he was the Director of Research at ValueVest Management, a $150 million long/short global value fund that focused on emerging markets and basic industries.

Burbank received a BA in English Literature from Duke University and a MBA from the Stanford Graduate School of Business.

Patrick Lin is Co-Founder and Managing Partner of Primarius Capital, LLC, a San Francisco-based firm managing a Greater China Fund and two US Long/Short Equity funds. The firm has approximately $100 million in assets under management, with Jayhawk Capital as a seed investor.

Lin brings 13 years of portfolio management and investment experience to the firm, of which over 10 years reflect investment experience in Chinese companies. Prior to co-founding Primarius Capital in January 2002, he was a principal at Robertson Stephens and a Co-Founding Partner of E*Offering. Prior to Robertson Stephens, Lin was with Goldman Sachs and Baxter Healthcare.

Lin has an MBA and Masters in Manufacturing from the Kellogg Graduate School of Management, Northwestern University and a BS in Business Administration from the University of Southern California.

Christian Nygaard is the Portfolio Manager of Orkla Finans' 138 million euro ($165 million) Nordic Alpha Fund, a bottom-up driven long/short Nordic Equity Fund that invests in the oil & shipping, telecoms-related, consumer cyclicals, banks and pulp & paper sectors.

Before joining the Nordic Alpha fund in 2003, Nygaard managed a proprietary equity long/short hedge fund for Norwegian industrial group Aker RGI. From 1998-2000, he was Head of Research at Enskilda Securities and from 1996 through 1998, he was Head of Russian Energy Research for Alfred Berg/ABN Amro in Moscow. He first held Equity Research and Portfolio Manager responsibilities at Carnegie.

Nygaard has a Master's degree in Economics & Finance from NHH, Norway's premier business school, and the University of Barcelona. Before that he studied Russian and philosophy. Nygaard is a Norwegian national and speaks Russian and Spanish in addition to the Scandinavian languages.

Charles M. White is currently Director of Investments for Illington Fund Management LLC and is responsible for heading all portfolio management functions. Illington is an asset management company with $800 million under discretionary management and $900 million under advisement. White serves as co-portfolio manager for Illington Concentrated Energy Funds, LP, an Illington managed fund of hedge funds. He also serves as Chairman of the Board for the Illington Funds Trust, a 1940 Act mutual fund company.

White was formerly President of MCF Asset Management and Chief Investment Strategist for Merrriman, Curhan, Ford & Company. Prior to serving in that role, he was Vice Chairman and Head of Portfolio Management at Avatar Associates. Before joining Avatar in 1988, White was assistant city auditor for the City of Boston, where he restructured and selected managers for the City's $650 million retirement fund.

White appears regularly CNBC and Bloomberg television. He received his bachelor's degree in finance and economics and a master's degree in public management and finance from the Boston University School of Management

Jeffrey Heely is a Senior Managing Director at Advanced Equities, Inc., a full-service brokerage/ investment banking firm specializing in providing late-stage private equity financing for the U.S. technology market, and private client services for high-net-worth individuals. Heely runs the San Francisco office for Advanced Equities, focusing primarily on hedge funds, institutional investors, family and multi-family offices, consultants, and the ultra-high-net-worth market places.

Heely entered the Alternative Investments' industry in 1985, when he began covering hedge funds with short selling research. He has served as a CEO of Financial Interactive, a CRM company for the Alternative Investment space; COO of a $1billion+ equity long/short hedge fund; Managing Director of a venture capital fund investing in financial services technology companies; CEO of a hedge fund of funds; and other executive positions in the alternative investment space.

Heely is a graduate of the United States Naval Academy in Annapolis. Maryland; holding a BS in Management and Technology. He served as a Surface Warfare Officer with the Pacific Fleet.

Kurt von Emster, CFA, is a General Partner at MPM Capital and is the Portfolio Manager for the MPM BioEquities Fund. MPM Capital is the world's largest dedicated investor in life sciences, with committed capital under management in excess of $2.5 billion.

Von Emster joined MPM in November 2000 to extend MPM's healthcare investment presence into the public markets. Through MPM BioEquities and its affiliate funds, von Emster manages over $300 million in assets. Von Emster spent 11 years with Franklin Templeton Group as a Vice President and Portfolio Manager. At Franklin, he managed over $2 billion in health and biotech funds, including the Franklin Biotechnology Discovery Fund and the Franklin Global Health Care Fund. In his tenure at Franklin, von Emster was responsible for building the health care group and was responsible for conceiving and developing seven different life science investment products for Franklin.

Von Emster holds the Chartered Financial Analyst designation (CFA), is a member of the Association for Investment Management and Research (AIMR) and is a member of the Security Analysts of San Francisco (SASF). He has a degree from the University of California at Santa Barbara in Business and Economics.

Jeffrey Solomon is a Managing Member of Ramius Capital Group, LLC, and a member of the firm's Executive Committee. Ramius, which has approximately $7.3 billion in assets under management, is best known for its multi-strategy programs but also takes an activist approach in the US and Japan.

Solomon joined Ramius Capital when it was founded in 1994. He is responsible for the firm's Structured Finance and Credit initiatives and oversees the technology, operations, treasury and finance functions on a firm-wide basis. From 1991 to 1994, Solomon was at Republic New York Securities Corporation, the brokerage affiliate of Republic National Bank, now part of the HSBC Group. As head of Corporate Development and Strategic Planning, Solomon coordinated the budget process and marketing effort of the new firm and directed the firm's numerous regulatory filings with the Federal Reserve Board. In 1993, Solomon supervised Republic's expansion into Europe by overseeing the creation of its U.K. affiliate. He was named the Firm's Chief Administrative Officer and was responsible for supervising the integration of systems and operations on a worldwide basis. He was also a member of the Credit Committee of the firm's Board of Directors. Prior to Republic National Bank, Solomon was in the Mergers and Acquisitions Group at Shearson Lehman Brothers. He was also part of the internal corporate finance team that worked closely with senior management in evaluating the company's operations, capital usage and investment strategies, including the acquisition and disposition of corporate assets.

Currently, Solomon serves on the Board of Directors of Hale & Hearty Soups, a New York based restaurant chain, and NuGo Nutrition, the manufacturer of NuGo Nutrition Bars. Solomon graduated from the University of Pennsylvania in 1988 with a B.A. in Economics.

Michael Stark co-founded Crosslink Capital, an emerging growth investment firm focused on software, core technology, semiconductors, communications and services investments. Crosslink, which manages over $1.1 billion, invests in very early seed-stage financings all the way through later-stage private opportunities and into the public market. Crosslink Capital was the first venture capital firm in the U.S. to integrate public and private technology investing.

Stark oversees all of Crosslink's public and private investment activities and leads the firm's core technology/semiconductor venture initiative. Previously, he spent 16 years with Robertson Stephens, where he served as Director of Research for three years beginning in January 1990. Stark joined Robertson Stephens in 1983, was elected the youngest partner of the firm in 1984 and also served on the firm's management and commitment committees. Prior to joining Robertson Stephens, Stark worked for Intel Corporation in strategic planning. From 1983 to 1989, he was a senior equity analyst covering the semiconductor and software industries. During the mid 1980s, he led venture capital investments in Cirrus Logic, Cypress Semiconductor and Xilinx.

Stark currently serves as a director of BlueArc, NuCore Technology, Revera and Virage Logic.

He holds a BS in engineering from Northwestern University and an MBA with honors from the University of Michigan.

Art Zaske is Director of Structured Finance and a member of the Investment Committee at Silver Creek Capital Management LLC. Silver Creek has over $4 billion in hedge fund of funds assets under management.

Zaske oversees the firm's structured financial investments, as well as conducts manager research and due diligence with a primary focus on credit-based managers. Prior to joining Silver Creek, Zaske was a senior investment analyst in the investment office of McKinsey & Company in New York. His duties included managing approximately $450 million across 11 hedge fund strategies, such as capital structure arbitrage, asset-based lending and specialty finance. Prior to McKinsey, Zaske conducted equity and fixed-income analysis for ZSA Investment Counsel, a $700 million tactical asset allocation manager.

Zaske holds an MBA from the University of Southern California's Marshall School of Business.

Walter C. Zebrowski is Chief Executive Officer of TurboCompliance and Chairman, Board of Directors, of the Regulatory Compliance Association (RCA). The RCA serves as an educational resource to certified compliance officers (CCOs).

Zebrowski has held senior management positions for several hedge funds, private equity funds and alternative investment funds since 1992. His duties and responsibilities included chief operations officer, general counsel, chief information officer and chief investment officer. The funds focused primarily on market neutral strategies or utilized technical and quantitative models to analyze and evaluate multiple markets and asset classes. Within the fund of funds arena, he analyzed, evaluated and conducted due diligence on hundreds of investment managers using various styles and multiple assets classes, including securities, fixed income, commodities and currencies.

Zebrowski graduated Salutatorian and summa cum laude from the University of South Florida within the field of accountancy and English, and is a certified public accountant. He is a Stetson University College of Law graduate and a member of the taxation, business law and international law sections of the Florida Bar.

Ted Johann joined Botti Brown Asset Management as General Counsel in April 2005. Botti Brown manages hedge funds with market neutral and short only strategies and has approximately $1 billion under management.

Before joining Botti Brown, Johann was General Counsel at Thomas Weisel Partners and was a member of the Corporate Financing Committee of the NASD. He previously worked as an enforcement attorney at the Securities and Exchange Commission and in private practice with Orrick, Herrington and Sutcliffe.

Johann is a graduate of the University of Chicago Law School and Williams College.

Shilpa Kotwal joined New Finance Capital LLP (NFC) in April 2003 and is currently the Co-Head of Operational Due Diligence. NFC, established in 2002, specializes in hedge fund management and investment advisory services and has approximately US$3.2 billion in assets under management.

Kotwal was previously at Blackrock Financial Management, where she was an Associate in the Fund Administration group with specific responsibilities for handling alternative investments. She has previous experience at Bharat Forge Ltd. as an analyst within its financial services area.

Kotwal has an MBA from Carnegie Mellon University, PA, and an undergraduate degree in Accounting from Symbiosis College, India.

Dana C. Pawlicki has been with Citigroup Alternative Investments (CAI) since April 2002 and is currently responsible for the promotion, structuring and development of alternative investment products, including hedge funds, private equity, managed futures and real estate across CAI's investment centers globally. CAI currently manages approximately $100 billion on a levered basis and $40 billion on an un-levered basis across its various platforms.

Prior to his current responsibilities, Pawlicki was Vice President and Assistant General Counsel in CAI's legal department until December 2004. Before joining CAI, Pawlicki worked as a corporate attorney in the New York office of Fried, Frank, Harris, Shriver & Jacobsen for two years in the firm's investment management and mergers and acquisitions groups. Previously, he had been a corporate and securities attorney in the New York office of Seward & Kissel LLP.

Pawlicki holds a Doctor of Law from the Cornell Law School, an MBA in corporate finance and investment management from the Ohio State University (Fisher) and graduated magna cum laude with a B.A. in economics from Middlebury College. He is admitted as an attorney in New York, Ohio and the District of Columbia and holds Series 7 and 63 designations.

Nathan Greene is an associate attorney in Shearman & Sterling's Asset Management Group. Shearman & Sterling is a global law firm that has been advising many of the world's leading corporations and financial institutions, governments and governmental organizations for more than 130 years.

Greene's practice includes the formation and ongoing representation of both U.S. and foreign investment companies, their sponsors, advisers, boards of directors and marketers in all regulatory aspects of fund and investment advisory operations as well as new product development. Greene has written and lectured on such topics as investment adviser compliance program design and implementation, regulatory inspections and hedge fund marketing practices, among others. In addition to asset management matters, Greene is committed to various pro bono representations, including those involving arts organizations, asylum applicants and domestic abuse victims.

A member of the New York State and City Bar Associations, Greene earned his J.D., magna cum laude, at the Georgetown University Law Center.

Kip Allardt is Chief Compliance Officer of Discovery Capital Management, LLC, a Connecticut-based emerging market global hedge fund manager that is registered as an Investment Advisor with the Securities and Exchange Commission and as a Commodity Pool Operator with the National Futures Association. Discovery, which has over $1 billion in assets under management, seeks high risk-adjusted total returns through investments in equity, debt and currencies across global markets, with an emphasis on emerging markets.

Allardt came to Discovery from Sovereign Investment Management and Research, a firm he founded in 2002 to provide independent investment research to institutional clients. He started his career at Drexel Burnham in the back office, implementing, and then managing regulatory control processes before moving to the proprietary equity options desk, where he was the first FX Options Specialist on the floor of the PHLX. After that, Allardt spent 12 years working overseas as a proprietary trader, managing risk in FX, FX Options and local currency-denominated bond portfolios for British Petroleum, Continental Grain, Donaldson Lufkin & Jenrette and CSFB. More recently, he was CSFB's emerging markets sovereign strategist and fixed-income liaison for an SFA audit of CSFB's entire NY sales and trading operations.

Allardt attended Rochester Institute of Technology and New York University.

Natasha Fedorow, Chief Administrative and Compliance Officer, oversees a staff that is responsible for Pine Grove Associate's compliance, investor relations, accounting and operations. Pine Grove Associates, a $1.7 billion multi-strategy fund of funds with a focus on low-volatility investing, has approximately 650 investors from a diverse client base and relationships with over 50 consultants.

Prior to joining New Jersey-based Pine Grove Associates in July 2002, Fedorow was the Chief Operations Officer at Titan Capital Group, a US proprietary trading firm. From 1999 to 2001, she was the Macro Fund Administrator for Omega Advisors, Inc., managed by Lee Cooperman. In addition, she was an integral part of the start-up team for RHG Capital LP, managed by Raj Gupta, which traded pari passu with Omega Advisors, Inc. for a period. From 1993 to 1999, Fedorow was the Director of Research at R.L. Grunes & Associates, Inc., a sales, marketing and technology consultancy firm.

Fedorow is a chartered Angel and Volunteerism Chair of 100 Women in Hedge Funds, a membership association of professional women who have built financial services careers in and around the hedge fund industry. She holds a Bachelor of Arts degree in English Literature from New York University.

Mindy M. Posoff, Chief Compliance and Operating Officer, is a co-founder of NewMarket Capital Partners, LLC. Ms. Posoff is responsible, along with Diana Wagner, for the firm's business development and implementation. She also contributes to the company's strategic business plans.

Previously, Ms. Posoff was a vice president at E*Trade, where she was a key leader in business development. She served on the boards of directors for E*Trade Asset Management, E*Trade Advisory Services, and E*Advisor.com. Prior to E*Trade, she was a director at CSFB and an institutional sales manager of the structured product sales group.

Ms. Posoff has an MBA from The Wharton School of the University of Pennsylvania and a B.A. from Beloit College. She holds her Series 7 and 63. She is a Member-Director of the Samuel S. Fels Fund, serves on the finance committee of the Stockton Rush Bartol Foundation and is a member of the executive committee of 100 Women in Hedge Funds. Ms. Posoff was the 2005 recipient of the Pioneer Award from Count Me In, an organization promoting women's economic independence.

Robert Matza is the President of GoldenTree Asset Management. New York-based GoldenTree Asset Management, which has over $7 billion in assets under management, manages a variety of absolute return strategies that invest in bank debt, high-yield bonds, distressed debt, middle-market loans, equities and real estate.

At GoldenTree, Matza is responsible for business management, administration, operations and finance and helping determine the strategic direction and growth of the firm. Matza joined GoldenTree at the beginning of the year from Neuberger Berman, where he served as President and Chief Operating Officer as well as a member of the Management Committee at Lehman Brothers. Matza, 49, was a leading member of the team that successfully transitioned Neuberger Berman from a partnership to a public company. In 2003, he negotiated the merger of Neuberger Berman with Lehman Brothers for approximately $3.0 billion.

Matza's previous industry experience includes 16 years with Lehman Brothers and its predecessor companies, where he last served as Managing Director, Chief Financial Officer and a member of the Operating and Investment Committees. He was Treasurer at Travelers Group and became Deputy Treasurer of Citigroup after Travelers and Citigroup merged.

Matza, a Certified Public Accountant, earned his bachelor's degree from the State University of New York at Albany and his MBA in finance from New York University. He started his career at Coopers and Lybrand in 1977. Matza is a member of the Dean's Advisory Board and the Board of the Center for Institutional Investment Management of the University at Albany's School of Business.

Eric Gordon is the Chief Investment Officer of Gordon Asset Management, LLC, a New York-based firm that manages $100 million in hedge funds of funds. Founded in 1997, the firm's flagship fund, AIJED, is structured to provide a 5% return over Treasury bills with limited downside risk and no significant market correlation. It also manages Gordon Associates, a more aggressive fund whose objective is to outperform the S&P 500 Index with less volatility.

Gordon formerly worked in institutional fixed-income sales and trading at Lehman Brothers, where he was part of the Regional Institutional Sales Group, trading a myriad of fixed-income instruments with hedge funds, mutual funds, insurance companies and registered investment advisors.

Gordon received a BA from Tulane University and an MBA from Fordham University.

Christopher F. Jackson is President and the Portfolio Manager of the Fund of Funds group at SFG Asset Advisors, a San Francisco family office.

Prior to working at a SFGAA, Jackson helped build three different hedge fund management firms in both strong and weak markets. He has raised more than $500 million in traditional and alternative assets and has been instrumental in the successful operation of hedge funds and their money management companies. From 1999 to 2002, Jackson was a Partner and the COO of Barbary Coast Capital Management. In 1998 he helped co-found Hoover Capital Management. Prior to that, he worked at Emerging Growth Management, where he was in charge of marketing and client service.

Jackson received a BA in economics from Lehigh University in 1990.

Stanley H. Pantowich is Co-Founder, Managing Director and CEO of TAG Associates, one of the first multi-client family offices. New York-based TAG provides full family office services and has more than $4.0 billion in assets under management. In Addition to his role as Chief Executive Officer responsible for all aspects of the company's business, Pantowich is Chairman of TAG's Investment Committee.

Prior to co-founding TAG in 1983, Pantowich was a senior tax partner at Arthur Young (now Ernst & Young), where he advised wealthy families, investment bankers and brokerage firms, and developed the concept of full-service client advocacy. In 2005 Pantowich was honored with Private Asset Management's first Lifetime Achievement Award in recognition of his pioneering work in the field of family wealth management.

Pantowich, CPA, received a BS from the University of Illinois and completed Harvard Business School's Advanced Management Program.

Paul Perez is Managing Member of Perez Asset Management, LLC, an investment advisor to wealthy families. Prior to founding Perez Asset Management, he was Managing Member of Lyon Ventures, LLC, the investment office of a California-based family. Other positions held by Perez were Managing Director of U.S. Trust Company in New York, Chief Investment Strategist at The Scion Group LLC (the investment office serving a New York-based family), head of the portfolio management unit at Credit Suisse Private Banking (New York) and Portfolio Manager at Bankers Trust Private Bank (New York).

Perez holds a BA in philosophy from Loyola Marymount University, an MA in philosophy from Boston College and an MBA with an emphasis in Finance from the Stanford University Graduate School of Business. A Chartered Financial Analyst, Perez is a member of the New York Society of Security Analysts and CFA Institute. He serves on the Board of Directors of Springcreek Advisors, LLC, on the Advisory Board of HG Capital, LLC, as an Advisory Director of Pemigewasset Partners L.P. and on the Advisory Council of RCM Capital Management LLC (an Allianz Global Investors company).

Bradley Rotter is a pioneer investor in alternative assets and has managed his own portfolio of CTAs and hedge fund investments since 1980. He has been a speculator for most of his career and has an extensive proprietary investment track record that spans from commodities to private equity.

Rotter serves as Chairman of the Board of AirPatrol Corporation, a swiftly growing wireless security company. He was the President and then Chief Executive Officer of MR3 Systems, Inc, a metals technology company that was one his portfolio companies. Rotter has been instrumental in engineering innovative financings for a broad range of public and private companies and has facilitated the placement of debt and equity, senior and subordinated financing facilities and securitizations. He was awarded the Private Deal of the Year Award by Investors Dealer's Digest for one such innovate structured finance transaction.

Rotter attended the United States Military Academy from 1973-1976 and received an MBA in 1983 from the University of Chicago, Graduate School of Business.

Dennis Chu, Managing Director and hedge fund specialist based in the Menlo Park office of Cambridge Associates, provides hedge fund advisory services to over 20 private and institutional clients, representing over $10 billion in hedge fund assets. Cambridge Associates' provides general investment consulting, alternative assets consulting, performance monitoring and research services on a conflict-free basis to over 569 nonprofit institutions and 194 private clients and non-endowed institutions in 25 countries. Its clients have over $800 billion in assets in advisement.

Chu's responsibilities include the design, implementation and oversight of custom hedge fund portfolios as well as the identification and evaluation of new and established hedge funds. Prior to joining Cambridge Associates in 2000, Chu analyzed merger and acquisition transactions and special situation investments at Paulson & Co's event arbitrage fund. Prior to Paulson, Chu worked on merger and acquisitions, public offerings and strategic alliance transactions at Salomon Smith Barney's corporate finance department. Chu has also served in BZW's Treasury bond trading desk, Hambrecht & Quist's Asia Pacific venture capital group and Goldman Sachs' real estate and mortgage-backed securities departments.

Chu has a BS in Electrical Engineering from Stanford University and an MBA from the Stanford Graduate School of Business.

Anne Matlock is Manager of Investments for The James Irvine Foundation. The mission of the approximately $1.7 billion foundation is to expand opportunity for the people of California to participate in a vibrant, successful and inclusive society. James Irvine, a California agricultural pioneer, established the Irvine Foundation in 1937 and over the last 67 years, the Foundation has provided more than $900 million in grants to over 2,700 nonprofit organizations.

Prior to joining the James Irvine Foundation, Matlock worked with Barclays Global Investors as a portfolio manager on the Advanced Active Equities team. Prior to Barclays, she held equity research positions with Thomas Weisel Partners and Banc of America Securities covering the diversified energy and real estate sectors.

Matlock has an A.B. in Economics from Princeton University.

Ken Stupi is the Chief Financial Officer of Guide Dogs for the Blind, a public charity with the mission of enriching the lives of blind and visually impaired persons by providing them with guide dogs. The mission of the charity, which has a $300 million investment portfolio, not only enriches the lives of guide dog user's, it provides "K9 buddy" dogs to blind and visually impaired children, as well as dogs to other service dog organizations. Through its network of over 2,000 puppy raisers and volunteers, it enriches the lives of thousands of people.

Stupi is responsible for all aspects of financial reporting and management of the organization's investment portfolio. He is a CPA and has worked for diverse firms including Arthur Andersen & Co., Bay Alarm Company and Butterfield & Butterfield Auctioneers. Stupi has done litigation, profit improvement and IT consulting for a variety of clients including the San Francisco Giants. While at Butterfield's, Stupi prepared the firm for its IPO and subsequent sale to eBay.

Stupi graduated from San Francisco State University and has a B.S. in Accounting and Information Systems as well as an M.S. in Taxation.

Marc Zwebner, Senior Vice President of Sales and Marketing, joined New York City-based fund of funds CARE Capital Group in April 2005. CARE, which has over $500 million in assets under management in four distinct investment partnerships, onshore and offshore, invests in absolute return hedge funds that meet its low volatility and market neutral requirements. CARE also offers an Enhanced Fund, which purchases options on the underlying Market Neutral Fund to create an Enhanced Return fund.

Prior to CARE, Zwebner spent 14+ years in the financial services arena in various corporate finance and development functions. He was Vice President and Head of the Centre Solutions Corporate Finance department (an affiliate of Zurich Financial Services) responsible for all Merger & Acquisitions activity and managed its Alternative Investment Portfolio. During his tenure at Centre he served as a member of the Board of Directors of Paradigm Health and Quo Vadis Holdings. His prior work experience includes positions at Zurich Financial Services' M&A Group, Zurich Centre Group Planning & Treasury Group, Reliance Group Holdings, Deloitte and Touche and Coopers and Lybrand.

Zwebner holds an undergraduate Bachelors of Science degree from Yeshiva University and a M.B.A from St. Johns University.

J. Kerry Baldwin, Director of Sales, joined Pirate Capital LLC in January of 2006. Pirate Capital, a hedge fund that manages in excess of $1.6B in assets, is focused on event-driven and activist situations.

Formerly, Baldwin was an Associate at Archery Capital LLC, an Equity Long/ Short Fund of Funds, where he participated in business development and marketing, targeting US and European high-net-worth and institutional clients. Prior to Archery, Baldwin was employed as a Banker with JPMorganChase and as a Financial Representative with Northwestern Mutual. During this time, he advised high-net-worth individuals and family offices in all aspects of wealth management including estate planning, retirement planning and insurance.

Before pursuing his career in finance, Baldwin was employed as a Sommelier, Wine Director and Strategic Consultant for destinations including the Phoenician in Scottsdale, the Wauwinet in Nantucket and Daniel in New York. Baldwin attended the University of Arizona majoring in Marketing and Business Administration.

Tyler Jenks has been the Chief Investment Officer of Amivest Capital Management since 1998 and in that role, is the Portfolio Manager for hedge fund start-up Consensio Capital Funds. Equity manager Amivest, which has approximately $3 billion in assets under management, is the subadvisor to the $1.8 million long/short hedge fund comprised of globally dispersed exchange-traded funds with an emphasis on the United States.

Jenks is also the Chairman of the Amivest Investment Strategy Committee and serves on the Amivest Board of Directors. Additionally, he is Chief Investment Officer of the Trust Department of North Fork Bank, as well as a consultant to the Retirement Committee and Asset Liability Committee of North Fork Bank. Amivest is a wholly owned subsidiary of North Fork Bancorporation. Prior to Amivest, Jenks founded Boston-based Kanon Bloch Carré & Company. From 1975 to 1986, Jenks was extensively involved in portfolio management, investment research and trading system design and assessment at Dean Witter, Loeb Rhodes Hornblower and Shearson American Express.

Jencks earned a Bachelor's Degree in International Relations from Principia College, and an MBA from the University of Hawaii.

Frank Husic founded Husic Capital Management (HCM) in 1986 and has 30 years of industry experience. As Managing Partner and Chief Investment Officer, he oversees all investment activities of the firm. HCM, which has $514 million in assets under management, actively manages concentrated small-, mid-, large- and all-cap portfolios as well as market neutral and hedge portfolios.

Previously, Husic was Senior Vice President and Director of Alliance Capital Management in New York and San Francisco. He was also President and Portfolio Manager of the Alliance Technology Fund and the Alliance International Technology Fund. Husic was rated the No. 1 fund manager by Fortune Magazine in 1993. He is frequently featured on CNBC, CNNfn and Bloomberg Radio.

Husic earned a B.S. in Mathematics from Youngstown State University, a M.S. in Industrial Administration from Carnegie-Mellon University and a M.A. in Economics from the University of Pennsylvania. Husic has served on several corporate boards and is currently a board member of COPIA: The American Center for Wine, Food & the Arts.

Thomas O. Lloyd-Butler is the Founding Partner and President of Thomas Lloyd-Butler Capital Management, LLC (TLB). TLB, which has approximately $100 million in assets under management, employs a long/short U.S. equity approach focused on the technology, energy, basic industry and defense sectors. As Chief Investment Officer, Lloyd-Butler has the ultimate responsibility for both portfolio management and stock selections.

Prior to establishing TLB, Lloyd-Butler was a Partner at Gruber & McBaine Capital Management, LLC from 1993 until June of 2002. Together with two other partners, Lloyd-Butler managed over $1 billion in long and short equity investments. His industry focus included technology, defense, energy and cyclical companies. From 1986 until 1993, Lloyd-Butler was a sell-side research analyst at Montgomery Securities, now Banc of America Securities, Inc., where he also focused on defense, defense electronics and technology companies. Before joining Montgomery, Lloyd-Butler was a research analyst at Morgan Guaranty Trust Co. from 1982-1986.

Lloyd-Butler received a B.A. with honors in Medieval History and Economics from the University of California, Berkeley.

Daniel T. Hayden, CPA, is the Managing Director of the Client Advisory Group at Greenwich-Van Asset Management, LLC and affiliated companies ("GVAN"), and the Portfolio Manager for certain GVAN managed fund of funds. GVAN has approximately $130 million in assets under management. Through its consulting and capital introduction company, it has participated in placing over $1 billion in assets since inception of the firm and its predecessor.

Hayden joined GVAN in 2001 as a member of the sales and consulting team and subsequently served as the firm's Director of Research. Previously, he was a Senior Vice President and Manager of Portfolio Services in the Capital Markets Division of a large regional bank. Prior to entering the investment banking business, Hayden spent 10 years in public accounting and was a Senior Manager with KPMG.

Hayden earned a B.B.A. from the University of Notre Dame. He is a Certified Public Accountant and holds Series 7, Series 3 and Series 63 licenses.

Nancy Havens-Hasty founded Havens Advisors, L.L.C. in 1995, and serves as President and Portfolio Manager of the firm. Havens Advisors, which has $200 million in assets under management, makes event-related investments, with a primary focus on merger arbitrage and distressed.

Prior to founding Havens Advisors, Havens-Hasty was a portfolio manager and trader for 16 years at Bear Stearns & Co., Inc. As Head of its Bankruptcy/High Yield department, she was responsible for sales, trading, research and capital markets for all non-investment grade and below corporate investment products from 1987 to 1995. She became a member of the Bear Stearns' Board of Directors in 1992, the first female employee to achieve that status. From 1979, when she joined Bear Stearns, until 1987 she shared responsibility for running the firm's domestic risk arbitrage portfolio. In 1982, she started the firm's foreign risk arbitrage department and was solely responsible for managing the group. Havens-Hasty's career in arbitrage began at Oppenheimer & Co. in 1978. Her Wall Street career began in 1971, as an associate in the investment banking department at Kidder, Peabody & Co., Inc., where she became a technology analyst in 1974. Between undergraduate and business schools, she worked as a systems engineer at IBM.

Havens-Hasty graduated from Cornell University with an A.B. in physics and earned an M.B.A., with distinction, from Harvard Business School.

Steve Persky, Co-Founder and Managing Partner, is the portfolio manager for Dalton Investment's Global Hedged Distressed Strategy. Dalton Investments LLC is an SEC-registered investment manager with approximately $1.2B under management. Dalton manages six portfolios across three strategies: Global Hedged Distressed, Global Hedged Equity and Asian Equity. It manages both hedge funds and separate accounts.

Persky has extensive experience in managing international fixed-income portfolios. At Payden & Rygel, a Los Angeles-based institutional fixed-income advisor, Persky managed $5 billion of assets as a Vice President and Portfolio Manager. Prior to joining Payden & Rygel, he was a Vice President of Fixed Income for Salomon Brothers and worked in its Tokyo and New York offices trading both high-yield and high-grade debt. Persky began his investment career at Citibank, where he worked as a Senior Credit Officer in a group that dealt with US subsidiaries of Asian companies.

Persky holds an AB from Harvard College and is fluent in Chinese. He is a CFA charter holder, a member of the Los Angeles Society of Financial Analysts and the CFA Institute.

Edward H. Petit, III, is a Managing Director of Schultze Asset Management responsible for business development, investor relations and fixed-income trading. He sits on the Schultze Research and Strategy Committees. Schultze, which has approximately $400 million in assets under management, deploys a special situations strategy focused on financially troubled and distressed credits.

Prior to joining Schultze Asset Management, Petit was an Associate in Fixed-Income Sales for Bear Stearns & Co. Inc., serving a diversified base of institutional clients. Before Bear Stearns, Petit was Vice President of the Philadelphia-based Fixed-Income brokerage firm A. Webster Dougherty. His career further includes various positions in operations and sales at Merrill Lynch Capital Markets in Boston and Atlanta. His career began in sales of mutual funds, retirement packages and IRA accounts with Fidelity Investments in Boston.

Petit earned a B.S. from Babson College in 1983. He also holds an M.B.A. from the University of North Carolina, where he concentrated on finance and securities analysis. Petit has earned several securities industry qualifications such as NASD Series 7 and 63.

Steve Pigott, Managing Director, is the portfolio manager of Pequot Capital Management's new event driven strategy. Pequot, which has over $7.1 billion in assets under management, offers a diverse array of investments.

Pigott joined the firm in 2005. Previously, he was a portfolio manager at Marin Capital Partners, L.P., where he founded and managed an event driven/merger arbitrage investment group. Prior to this role, Pigott was a portfolio manager at Citadel Investment Group, LLC, where he was responsible for North American merger arbitrage investments. Before Citadel, he was a Senior Associate at GE Capital in the merchant banking group. Early in his career, he was a credit analyst at Banc of America Securities.

Pigott graduated with a B.A. in American Studies from Yale University and received his M.B.A. in Finance from the University of Chicago.

Matthew Wood is a founding partner and a director of Vertex One Asset Management Inc. The Vancouver, British Columbia-based hedge fund manager was established approximately eight years ago and currently has approximately CAD $800 million in assets under management in two funds: the Vertex Balanced Fund and the Vertex Fund, a multi-strategy hedge fund.

Wood is one of the lead managers and a member of Vertex One Asset Management's investment committee. He has over 15 years of experience dealing with equities, fixed income and derivatives. Wood began his career as an analyst and later as a portfolio Manager with HSBC Asset Management.

Wood holds the professional designation of Chartered Financial Analyst (CFA) and is a member of the Institute of Chartered Financial Analysts.

William Cazalet joined AXA Rosenberg Investment Management in October 2005 as the Director of Strategy responsible for developing and marketing AXA Rosenberg's long/short and market neutral products, and managing activities related to potential strategic partnerships. AXA Rosenberg Investment Management is a specialist global equity investment management firm within the AXA Investment Managers group. AXA Rosenberg was one of the first managers to offer market-neutral strategies to the institutional and retail marketplace (1989). Today the firm manages more than $80 billion in individual country, regional and global strategies for pension funds, foundations and government entities.

Prior to joining AXA Rosenberg, Cazalet was an Executive Director and Head of the European Finance Structures Group for Morgan Stanley in London, where he worked from 1994 to 2003. He has also held positions within finance at Royal Dutch Shell.

Cazalet obtained an M.A. from Cambridge University and an M.S. from Stanford University, and is a Chartered Management Accountant.

Dana Hobson is a Senior Vice President of Quantitative Research responsible for the development and operation of equity long/short strategies, as well as quantitative research along with other members of the firm. He is an expert on equity trading research and data and FIX-based trading and is the lead manager on the firm's approximately $50 million long/short hedge fund strategy. Foster City, California-based Bailard, which also offers mutual funds, separate managed accounts and other investments, has $1.7 billion in total assets under management.

Prior to joining Bailard in 2003, Hobson was a Managing Partner at Mulsanne Capital Management, a Principal in global equity trading research at Barclays Global Investors, a Quantitative Analyst on the statistical arbitrage desk at UBS/O'Connor (formerly Warburg), and a Financial Analyst on the money-market trading desk in the corporate treasury of Bank of America. In a previous life, he was a rocket scientist, working on ballistic missile defense at the Massachusetts Institute of Technology/Lincoln Laboratory, and an instructor in applied mathematics at MIT.

Hobson received his PhD in applied mathematics from the California Institute of Technology in 1990 and his BS in mathematics from Harvey Mudd College in 1985. He received his Chartered Financial Analyst designation in 2000.

Jim Pritchard is Chief Investment Officer for Lewiston Capital Partners, a Native American-owned quantitative money manager. Lewiston Capital has expertise in long-only quantitative strategies as well as a Multi Strategy Fund of Hedge Funds that has $350 million in assets under management.

Pritchard was an investment consultant with Smith Barney before starting his own investment management and consulting firm in 1986. His articles on quantitative strategies and style management have been published in over 400 newspapers across the country as well as in numerous financial magazines.

Pritchard received his degree in 1982 from Columbia University, where he studied Economics.

Jeff Skelton is the President and Chief Executive Officer of Symphony Asset Management, an institutional investment management firm specializing in single-strategy hedge funds across multiple asset classes. Symphony manages $2.1 billion across six hedged strategies and two multi-strategy funds and more than $3.1 billion in long-only accounts.

Skelton joined Barra in February 1994 as President of Barra Ventures and founded Symphony in June of that year. Previously he was Chief Executive of Wells Fargo Nikko Investment Advisors Limited in London. Prior to moving to London in 1991, he was Vice Chairman and Co-Chief Investment Officer at Wells Fargo Nikko Investment Advisors in San Francisco.

Skelton has a Ph.D. in Mathematical Economics and Finance from the University of Chicago, an M.B.A. in Financial Economics from the University of Chicago, and a B.S. from Georgia Institute of Technology.

Mark Maring joined Mendon Capital Advisors in 2004 and is responsible for analytical coverage and risk management, and supports the strategic planning and marketing efforts at the fund. Mendon Capital, which has $250 million in assets under management, was formed in 1996 with a long/short and event driven investment strategy focused exclusively on investing in the financial services sector. Mendon Capital along with Burnham Financial Group launched the Burnham Financial Services Fund (BURKX) in 1999 and the Burnham Financial Industries Fund (BURFX) in 2004. Mendon Capital is the sub-advisor of both funds.

Prior to joining Mendon Capital, Maring was Vice President in charge of global investor relations at Constellation Brands, a $5 billion market capitalization NYSE company. He also led the financial modeling, risk assessment, sensitivity analysis and financial due diligence for more than $1 billion of acquisitions. Additionally, Maring worked for Arthur Andersen for five years providing audit and consulting services and Chase Manahattan Bank for five years in its Investment Banking group responsible for business valuations.

Maring obtained a MBA in Finance and Accounting from Simon School of Business at the University of Rochester and a BS from St. John Fisher College. He is a Licensed Certified Public Accountant.

Neil Rudolph is the Chief Operating Officer and Chief Financial Officer of Symphony Asset Management, LLC, an institutional investment management firm specializing in single-strategy hedge funds across multiple asset classes. Symphony manages $2.1 billion across six hedged strategies and two multi-strategy funds and more than $3.1 billion in long-only accounts.

Prior to joining Symphony as a Founding Principal, Rudolph was the Managing Director at Wells Fargo Nikko Investment Advisors, working in a number of positions, including CFO, COO and Chief Administrative Officer of the Mutual Fund Group. Prior to joining Wells Fargo, he worked as a Manager with Coopers & Lybrand in San Francisco.

Rudolph received his bachelor of commerce from McMaster University and is a Chartered Accountant (Canada) and a Certified Public Accountant (United States).

Anton Schutz is the President and Chief Investment Officer of Mendon Capital Advisors Corp. Mendon Capital, which has $250 million in assets under management, was formed in 1996 with a long/short and event driven investment strategy focused exclusively on investing in the financial services sector. Mendon Capital along with Burnham Financial Group launched the Burnham Financial Services Fund (BURKX) in 1999 and the Burnham Financial Industries Fund (BURFX) in 2004. Mendon Capital is the sub-advisor of both funds.

Schutz has been in the investment and risk management business since 1986, focusing on investment and portfolio management. Prior to forming Mendon Capital Advisors, Schutz worked at RBC Dain Rauscher in institutional sales trading in the financial institutions group. Schutz also worked at Chase Manhattan Bank for 10 years, where his responsibilities included structuring investment products utilizing hedge funds and the development and application of financial risk strategies.

Schutz obtained an M.B.A. from Fordham University in 1988 and graduated from Franklin and Marshall College in 1986.

Andres Azicri is a Managing Partner of Cima. Based in Argentina, Cima manages around U$S250 million through its Flagship Aconcagua Fund ($105 million) and segregated accounts ($150 million).

Before joining Cima, Azicri was the head of Asset Management at MBA, prior to which he headed the Proprietary Desk for Latin America at Bankers Trust in New York and the Emerging Markets Fixed Income Research Department at Oppenheimer & Co., in New York. He has more than 14 years of experience in financial markets in Argentina and abroad.

Azicri is an economist from the University of Buenos Aires, and has a Master of Science in Economics from the University of London. He is currently a professor of macroeconomics at the University of Buenos Aires and a professor of finance at Di Tella University, CEMA and the Buenos Aires Stock Exchange.

Federico Carballo is the Managing Partner of Copernico Capital Partners LLC and a member of the Investment Committee. Copernico, which was founded in 1998 and has $307 million under management globally, is a specialist in event-driven and momentum strategies and focuses on Latin American investment.

Carballo specializes in lending, special situations and equity financings. He was a Partner of Compass Group LLC, a New York-based asset management company focused on Latin America, where he headed the alternative assets unit, overseeing the hedge fund and private equity strategies. Prior to that, he was a Managing Director of Citicorp Securities Inc. in New York, where he was Head of Emerging Markets Debt Trading and oversaw the bank's refinancing portfolio. Before joining Citibank, Carballo worked with Booz-Allen & Hamilton in Madrid. Prior to obtaining his MBA, Carballo worked as an associate at Gonzalez Fraga Macroeconomia, an Argentine management consulting firm, and completed a treasury training program at Republic National Bank of New York.

Carballo holds an MBA from MIT's Sloan School of Management and a BS in economics from the Argentine Catholic University.

Andrew H. Cummins founded and has managed Explorador Capital Management, LLC since 1996. Explorador and its affiliates, which manage $300 million in assets, actively invest long and short in marketable securities, real estate and trade finance. Explorador maintains its principal office in Buenos Aires and also has offices in Santiago, Chile and San Francisco.

Cummins is also a member of the general partner of Paladin Realty and of Crecera Capital. His activities are exclusively focused on Latin America. He sits on two boards of directors of operating companies in the region. Prior to Explorador, Cummins worked at Emerging Markets Management in Washington, DC, and at JMB Realty Corporation in Chicago.

Cummins holds an MBA from Harvard Business School and an undergraduate degree from UC Berkeley.

Peter Getsinger is the Managing Partner of Nexstar Capital Partners, LLC. Launched in March 2004, Nexstar Developing Opportunities Funds is a value-driven emerging markets hedge fund, focused primarily on private-sector companies.

Getsinger has been involved in international business for 27 years and has 16 years experience in Latin America. Prior to forming Nexstar, Getsinger was Head of Global Investment Banking for Latin America at Deutsche Bank. He held the same role at Bankers Trust prior to its merger with Deutsche Bank, where his responsibilities included Head of Global Project Finance and International Finance. Previously, he served as Senior Vice President at Lehman Brothers, where he established Lehman's fixed-income origination business in Latin America. His prior position at Lehman was Head of Fixed-Income Sales in London for the UK, Europe, and the Middle East. Before this, he was with Smith Barney in London, where he managed the fixed-income sales effort and the international fixed-income asset management business in Europe.

Getsinger graduated from Williams College with a BA in American Civilization.

Elizabeth R. Flisser is a Partner of Capital Z Investment Partners, LLC, which has $2.25 billion of assets under management. She is responsible for sourcing, evaluating and structuring hedge fund investments.

Flisser monitors and oversees hedge fund investments and in such a role, serves on the Board of Directors of Channel Capital Group Inc., AJB Capital Management LP, OneWorld Investments, L.P. and Cedarview Capital Management, L.P. Flisser also invests and manages structured product funds and strategic investments for the firm and sits on the Investment Committee of the Capital Z Access Funds. Flisser joined Capital Z in July 1999. Prior to that, she was a Financial Analyst in the Financial Institutions Group and Equity Capital Markets at Goldman, Sachs & Co. Before joining Goldman Sachs, she worked for Sotheby's in New York.

Flisser is a graduate of Barnard College, where she earned a B.A. in American Studies.

Paolo Alimonti is the Co-Founder, Vice President and Managing Director of Adair Capital LLC. Adair Capital is an alternative asset management firm, specializing in multi-manager hedge fund programs and has $250 million in assets under management.

Alimonti's responsibilities include managing the qualitative and quantitative due diligence process of alternative investment managers, the ongoing monitoring of the investment strategies and the development of new alternative investment products. Prior to founding Adair Capital, Alimonti worked at Emcor, a privately held risk management and advisory firm, from 1991 to March 2000. From 1985 until 1991, Alimonti worked in the Corporate Finance and Emerging Markets departments at Bankers Trust Company in New York.

Alimonti holds a Masters degree in Economics from the Université Catholique de Louvain, Belgium and an M.B.A. from the Graduate School of Business at the University of Chicago.

Rubin Chen, Ph.D., CFA, Strategy Manager, joined ING Investment Management in 2005 and is responsible for research, manager selection and monitoring for relative value strategies. ING Investment Management has approximately $5 billion in assets under management.

Previously, Chen worked for J.P. Morgan Asset Management, where he was responsible for hedge fund manager/trader selection and capital allocation for J.P. Morgan's Incubator Fund. Over the course of his tenure, Chen screened more than 1,000 hedge funds across all major strategy groups. Prior to his role with J.P. Morgan's Incubator Fund, Chen worked for the investment banking division and the institutional equities and market risk management group supervising trading and risk management for J.P. Morgan's proprietary equity derivatives and convertibles businesses.

Chen received his B.S. from Beijing (Peking) University and Ph.D. from Princeton University. He also holds the Chartered Financial Analyst designation.

Matthew Hoffman is a founding partner and Chief Investment Officer for Mayer & Hoffman Capital Advisors, LLC, a family office, fund of funds manager and portfolio management firm established in 2003, which has approximately $300 million in assets under management. Mayer & Hoffman's focus is on constructing portfolios containing newer and emerging managers, specialized strategies and higher volatility hedge fund products.

Previously, Hoffman was responsible for hedge fund manager selection and portfolio creation within the Hedge Fund Investments Group at Credit Suisse First Boston. He was a member of the Investment Committee and coordinated the selection of hedge fund managers, performed manager due diligence, constructed new portfolios and structured products. Prior to Credit Suisse, Hoffman was an Executive Director of UBS Warburg (predecessor firm O'Connor Partners (UK) Limited), where he was a Senior Manager in the European equity derivatives business, responsible for equity hedge fund development, securitized derivative products, equity linked notes and warrants, as well as structured equity financing and prime brokerage products for hedge fund clients.

During this time, from 1992 to 1997, Hoffman was a member of the Board of Trustees for a $1 billion pension fund in England, chaired the fund's Investment Committee and implemented the addition of a Defined Contribution plan to the existing Defined Benefit plans. He holds bachelor degrees in Mathematics / Economics and an MBA in Finance from the University of Chicago.

Erinch R. Ozada founded Archery Capital in 1996. He is responsible for managing the overall strategic exposure and asset allocation process for the firm's five long/short equity emerging manager-biased funds of funds. From 1996 through 2001, Ozada co-managed Archery's single-strategy long/short equity hedge funds.

Ozada has 20 years of investment and financial experience. Prior to founding Archery, he was a Vice President in the Private Wealth Management Division of Goldman, Sachs & Co., New York, which he joined in 1984. At Goldman, he advised clients on asset allocation and portfolio management. He managed discretionary accounts, totaling approximating $1 billion, for select clients and advised high-net-worth individuals, family offices and institutions in diverse locations such as Europe, Latin America, Asia, and the Middle East.

Ozada received his M.B.A. from Columbia University Graduate School of Business with Honors, where he concentrated on International Finance. He received his undergraduate degree magna cum laude from Hamilton College in Economics and Political Science. Ozada currently serves on the Board of Directors of American Field Service.