David C. Villa is Chief Investment Officer and Chairman of the Investment Committee for the State of Wisconsin Investment Board (SWIB). Mr. Villa is responsible for implementing the investment policy and developing the architecture of the overall investment program. Mr. Villa works closely with the four Managing Directors and a staff of 70 investment professionals to manage Fund level returns and risk. SWIB manages assets in excess of $88 billion including the Core Fund, Variable Fund, the State Investment Fund and five smaller trust funds established by the State. Half of the assets are managed internally by the SWIB investment professionals.

Mr. Villa joined the State of Wisconsin Investment Board in June 2006. Prior to joining SWIB, Mr. Villa served for two and a half years as the Chief Investment Officer for the State Board of Administration of Florida and twelve years with UBS Global Asset Management (Previously Brinson Partners).

Mr. Villa received a BA from Princeton University, an MA from Stanford University, and an MBA from Northwestern University. He is a Chartered Financial Analyst and a Certified Public Accountant. Professional memberships include the CFA Institute and the Illinois Institute of Certified Public Accountants. Mr. Villa is a board member and the Treasurer of the Marguerite Casey Foundation and a board member of the Madison Symphony Orchestra.

Ashbel C. "Ash" Williams is the Executive Director & CIO of the Florida State Board of Administration (SBA), one of the nation's leading public investment institutions. The SBA manages assets under broad investment authority granted by the Board's Trustees. The Trustees are Florida's Governor, Chief Financial Officer, and Attorney General. Among the over $150 billion in assets under management are those of the Florida Retirement System (FRS) Trust Fund. The FRS is one the largest public pension funds in the United States. Prior to joining the SBA, Mr. Williams was a Managing Director at Fir Tree Partners and previously was President and CEO of Schroder Capital Management, both headquartered in New York City. He has extensive experience with both the SBA and Florida government, having previously served as Executive Director of the SBA from 1991 to 1996 and in senior management positions in Florida's executive and legislative branches. Mr. Williams holds both BS and MBA degrees from Florida State University (FSU) and completed post graduate programs at the University of Pennsylvania's Wharton School and Harvard's John F. Kennedy School of Government.

Mr. Williams serves as Chairman of the Florida State University Foundation, an advisory board member of the Robert Toigo Foundation, and a leadership council member of the Robert F. Kennedy Center for Justice and Human Rights and is an Episcopal lay minister.

Janet Cowell is the State Treasurer of North Carolina and is the state's first woman to win the post. Treasurer Cowell oversees nearly $75 billion in pension fund investments for the 850,000 teachers, firefighters, and public employees of North Carolina. Under her executive leadership as Treasurer, the state has maintained a triple-A Bond rating for strong financial and debt management practices, and is recognized as one of only seven states to earn the rating by the three major credit rating agencies. In addition, North Carolina has outperformed the national average for public pension funds by 32%, ranking 2nd in the United States by Standard and Poor's in 2009. Born the daughter of a Methodist minister and a public school teacher in Memphis, Tennessee, Cowell grew up primarily in the Southeast until attending college at the University of Pennsylvania. She graduated with Honors and went on to earn a Master of Business Administration degree from the Wharton School of Business as well as a Master's degree in International Studies from the Lauder Institute. Cowell worked as a financial analyst with organizations including HSBC Bank and Lehman Brothers in Asia before making her home in North Carolina in 1997. Living in Raleigh, North Carolina, she provided business consulting to various Fortune 500 companies and served as an adjunct professor at two institutions of higher learning in the state.

In 2001, Cowell began contributing her financial expertise and leadership to work for the citizens of North Carolina. She was twice elected to Raleigh City Council and served three years, representing more than 350,000 constituents. In 2004, she was elected to the North Carolina State Senate, representing Raleigh and the Research Triangle Park. Cowell's career encompasses 20 years of ethical leadership and financial management for organizations locally, nationally, and internationally, in both the public and private sectors. Her policies on economic development, innovation, and making government work for the citizens of North Carolina have earned her two Legislator of the Year awards including Environmental Legislator of the Year as a North Carolina senator.

Now in her 10th year of elected office, and with the nation facing unprecedented economic challenges, Cowell continues the conservative debt practices and solid economic development policies that keep North Carolina in secure financial standing. She is proud to serve the citizens of North Carolina as State Treasurer and remains committed to working each day to build and maintain a financially strong and prosperous North Carolina.

Tomás joined GEAM in 2009 with responsibility for the firm's hedge fund portfolio. Previously, he was VP of Strategy globally for GE Money, GE Capital's consumer finance and retail banking business. Previous to GE, he worked at McKinsey & Co., serving a wide range of Fortune 100 clients in varied industries focusing on corporate and Business Unit strategy and Sales and Marketing strategy. Previous to McKinsey, Tomás' professional experience includes other corporate positions, M&A advisory, and 3 years in financial services in the equity research and trading arenas. Tomás holds an MBA from the Tuck School of Business at Dartmouth College where he graduated with honors.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through its "You're In Good Hands With Allstate" slogan, Allstate provides insurance products to more than 14 million households. The Allstate Investment Group manages $118 billion of assets for internal clients including the insurance companies, two ERISA plans, and non-insurance subsidiaries. The Allstate Investment Group strives to provide sustainable, competitive, risk-adjusted investment returns and investment-related services for the benefit of the Allstate Corporation. The size of the Investment Group exceeds 300 individuals across a variety of investment disciplines. Mr. Vogt is the portfolio manager of hedge fund investing at Allstate Investments, LLC and is responsible for all hedge fund related activities across the Allstate Insurance enterprise. Prior to joining Allstate, Mr. Vogt was Managing Director of a Chicago based managed futures boutique investment and trading firm. Prior to this work, Mr. Vogt was a founding partner in a proprietary trading group, Chrisdom Partners. While there, Mr. Vogt developed and traded equity index option systems. Before his trading systems work, Mr. Vogt worked on the listed derivatives sales and electronic trading desk for Bank of America Futures, Inc. in Chicago. Mr. Vogt began his financial career with a subsidiary of Rosenthal Collins Group as an option trader on the floor of the Chicago Mercantile Exchange. Mr. Vogt earned a BA from the University of Illinois at Urbana-Champaign and a MBA with honors from the University of Chicago

Stan Mavromates is the Chief Investment Officer of the $50 billion PRIT Fund. The fund invests the assets of the Massachusetts State Teachers' and Employees' Retirement Systems and the assets of county, authority, district, and municipal systems that choose to invest in the fund. His responsibilities are to provide the overall investment strategy and asset allocation for the fund and to evaluate, select, monitor and manage external investment managers. As CIO, he supervises internal investment professionals, support staff and outside consultants and advises the Investment and Real Estate/Timber Committees and Board. Prior to joining PRIM, Stan was an investment consultant for John Hancock Financial Services, responsible for investment oversight, due diligence, and selection of investment managers for Hancock's variable products, 401K, and pension plans. He is a graduate of Bentley College's MBA program and a graduate of Northeastern University, with a concentration in international business and finance. Stan served in the U.S. Marine Corps for 5 years and is an IEEE Investment Committee Member At Large.

Bill Lockyer was elected on November 7, 2006 as California's 32nd State Treasurer and re-elected on November 2, 2010. The Treasurer is the State's banker. It's a bank that processes trillions of dollars in transactions every year.

The Treasurer sells California’s bonds, invests its money and manages its cash. In addition, the Treasurer manages financing authorities that help provide good-paying jobs, better schools, improved transportation, quality health care, more affordable housing and a cleaner environment. And the Treasurer handles those duties while sitting on the governing boards of the nation’s two largest public pension funds – the California Public Employees’ Retirement System and the California State Teachers’ Retirement System.

It’s a big job. Here are some of what Treasurer Lockyer has accomplished:

• Managed the State’s multi-billion dollar Pooled Money Investment Account (PMIA) through the 2007-09 recession without losing a penny of principal.
• Protected taxpayers from unjustifiably high-interest rates by winning major reforms of the way credit rating agencies grade bonds issued by states and local governments.
• Led the successful effort to keep corruption out of public pension funds and ensure investment decisions serve workers and taxpayers, not special interests and their politically-connected middlemen.
• Launched unprecedented campaign to increase the purchase of California bonds by individual investors, including radio ads and a first-of-its-kind web site that connects investors with brokers.
• Sold more bonds than any Treasurer in California history to finance critical infrastructure projects and generate thousands of jobs.
• Directed more than $1.3 billion of financial assistance to California small businesses that helped create or preserve 73,120 jobs.
• Revitalized agency that provides financial assistance to manufacturers of electric vehicles and renewable energy products, and sponsored successful legislation that makes it less expensive for schools to supply their facilities with renewable energy.
• Expanded access to health care for Californians who depend on small and rural clinics by increasing the availability of low-cost loans to build facilities and buy equipment.
• Helped families cope with rising college costs by expanding ScholarShare, California’s “529” college savings program – number of account holders increased by 55.3 percent and assets under management up by 57.5 percent.

Lockyer’s public service career has spanned more than three decades. From 1999-2006, he served as California Attorney General and fashioned one of the most impressive records of accomplishments in the office’s history. He created the nation’s most effective and sophisticated DNA forensic crime laboratory. He cracked down on Medi-Cal fraud, established the Megan’s Law website to track registered sex offenders, and recovered billions of dollars for defrauded energy ratepayers, consumers and taxpayers.

Prior to his election as Attorney General in 1998, Lockyer served 25 years in the California Legislature. He culminated his Capitol career as Senate President pro Tempore, crafting agreements to balance the state budget and make government work better for taxpayers.

Lockyer graduated from the University of California, Berkeley. Lockyer earned his law degree from McGeorge School of Law in Sacramento while serving in the State Senate. He also received a teaching credential from California State University, Hayward. He is married to Nadia Maria Lockyer and has a daughter, Lisa, and a son, Diego.

Mario Therrien was appointed Senior Vice-President, Fund Management, with the Private Equity group on June 15, 2009. In this capacity, he manages the teams responsible for investments in external private equity funds, including venture capital funds in the information technology and life sciences sectors, leveraged buyout funds and hedge funds. Mr. Therrien has a solid financial background. He joined the Caisse's Alternative Tactical Investments team in 1992 as a financial analyst and was successively promoted to Assistant Manager and Manager. He was then assigned to the position of Vice-President of Varan Tactical Asset Management, a fund specializing in global tactical investments, until 2002. Prior to his latest appointment, he carried out the functions of Vice-President, Funds of Hedge Funds, Absolute Return, and oversaw the team in charge of developing investment strategies using hedge funds on an international scale.

Théodore Económou is Chief Executive of the pension fund management unit of CERN, the European Organisation for Nuclear Research, based in Geneva, Switzerland. The fund has approximately 4 billion Swiss Francs in assets, managed both internally and externally. CERN, funded by 20 European member states, is the world's leading laboratory for particle physics and currently operates the world's most powerful nuclear particle accelerator. Prior to joining CERN, Théodore spent 16 years with New York-based ITT Corporation, most recently serving as assistant treasurer responsible for the management of ITT's worldwide pension assets and liabilities, and overseeing capital markets activities. Before that, he was a consultant with Accenture's Financial Services Group. He holds degrees from the Swiss Federal Institute of Technology and Northwestern University's J.L. Kellogg School of Management. He is fluent in French, German, and Greek.

Oliver Fratzscher is Executive Vice-President and Strategic Advisor with focus on emerging markets. He contributes to strategic asset allocation and investment decisions and also acts as a spokesperson for the Caisse in its dealings with partners, the financial media and various stakeholders. Mr. Fratzscher is also a member of the Sovereign Wealth Funds Advisory Board and a frequent speaker at global leadership events. Mr. Fratzscher has two decades of experience on global capital markets, both from policy and investment perspectives, having served in senior roles at the World Bank (IFC), the International Monetary Fund, ABN AMRO Bank and Deutsche Bank. He holds a Ph.D. from Harvard University as well as M.Sc. in economics (U Montréal) and B.Sc. in industrial engineering (U Karlsruhe). As an expert on emerging markets, Mr. Fratzscher has been widely quoted in the financial press. He has led several research studies, including at the Brookings Institution, the EU Commission, and the Polish Council of Ministers, and has been invited to speak at various central banks, finance departments and leading academic institutes. He holds distinctions and awards from the German National Science Foundation, Konrad Adenauer Foundation, and Harvard University.

Gerald Alain P. Chen-Young is the Chief Investment Officer for the United Negro College Fund, Inc. (UNCF). Mr. Chen-Young joined UNCF in September 2002 and manages UNCF's three (3) investment portfolios totaling approximately $1 billion. The largest is a dedicated, fixed-income portfolio representing a special scholarship program created in conjunction with the Bill & Melinda Gates Foundation and is managed using an active management strategy of immunizing cash flows, similar to that of a pension plan; the second is a traditional endowment portfolio that is fully diversified across multiple asset classes; and the third is a short-term, treasury-type of portfolio that typically has staggered maturities across a variety of short-term instruments. Prior to UNCF, Mr. Chen-Young spent six-and-a-half years with UBS/PaineWebber, first in institutional sales and then in retail brokering. Before UBS/PaineWebber, he worked in the commercial banking division of Riggs National Bank in Washington D.C., and then briefly as a Teaching Assistant in the Department of Economics at York University in Canada. Mr. Chen-Young holds post-graduate degrees in Economics from the London School of Economics (Dip. Econ.) and York University (M.A. (Monetary Economics)), and in Law from the University of Miami (J.D.) and the Washington College of Law (LL.M (Law & Government)). He completed his undergraduate studies in Economics at American University in Washington, D.C. with honors.

Apurva Mehta joined the Juilliard School in 2008. As Director of Portfolio Investments of The Juilliard School, Apurva oversees strategic and tactical asset allocation recommendations, investment manager selections, manager performance evaluation, spending policy management and performance reporting. From 2004 to 2008, Mr. Mehta was a Vice President at Lehman Brothers in the Investment Banking Division and Investment Management Division, focusing on Business Planning and Strategy. Prior to Lehman Brothers, Mr. Mehta worked from 2001 to 2004 as a Senior Investment Analyst for Citi Institutional Consulting in Washington, DC, focusing on asset allocation and manager due diligence for endowments, foundations and pension funds. Mr. Mehta received his B.B.A. in Finance and Accounting from The George Washington University.

The Juilliard School is a performing arts school founded in 1905 and is located at the Lincoln Center for the Performing Arts in New York City. At Juilliard, students are trained in drama, dance and music at undergraduate and graduate levels. The Juilliard School has an endowment of roughly $850mm which helps support the operating budget of the School.

Bei Saville is Director of Alternative Investments at the Helmsley Charitable Trust. She oversees the deployment and management of the Trust's investments in private equity, venture capital, hedge funds and real assets. Prior to joining the Trust, Ms. Saville managed the alternative investments for Pfizer's pension fund. She was also responsible for Pfizer's Defined Contribution plans. Prior to Pfizer, Ms. Saville was a vice president in Morgan Stanley's Global Portfolio Solutions group, where she designed and managed alternative investment portfolios and advised on asset allocation decisions for large institutional investors. Prior to that, she held strategic planning / finance roles at Morgan Stanley, JPMorgan and David J. Greene. Ms. Saville began her career in real estate development with China National Real Estate Development Group, the largest real estate developer in China. Ms. Saville received an MBA with honors from Old Dominion University and a BS from the Renmin University of China. She also holds the CFA and CAIA designations, and has served on multiple advisory boards of private equity, venture capital, and real estate funds.

Ms. Beschloss is President and Chief Executive Officer of The Rock Creek Group. Prior to this, Ms. Beschloss was the Treasurer and Chief Investment Officer of the World Bank, responsible for managing $65 billion in assets and a $30 billion funding strategy, as well as $160 billion in derivatives and structured products. In this position, Ms. Beschloss was instrumental in developing a $3 billion portfolio of alternative investment funds. Her previous responsibilities at the World Bank included Senior Manager of the Derivatives and Structured Products Group and Fixed-Income Portfolio Manager. Ms. Beschloss previously worked for J.P. Morgan in New York and London, for Shell International Group Planning in London, and she taught international trade at Oxford University. She is a member of the Board of Trustees of the Ford Foundation, where she has chaired the Investment Committee. She is a member of the Board of Trustees of the Colonial Williamsburg Foundation and is on the Investment Committee of the Rockefeller Brothers Fund. She advises international pension funds and central banks and has written a number of journal articles and books. She holds an MPhil (Honors) in Economics from Oxford University.

Mr. Robbana joined Credit Suisse in October 2000, he initially joined the Hedge Fund Investments Group at Donaldson, Lufkin & Jenrette (DLJ) as an Associate. His responsibilities included the analysis and selection of global macro focused hedge funds, as well as managing the CSAM Low Volatility fund. In November 2004, Mr. Robbana launched the SAPIC Global Macro fund and in March 2006, he launched a customized tactical trading portfolio for an established European-based pension plan. Mr. Robbana manages both portfolios since respective inception. In 2007, shortly after the consolidation of Credit Suisse various hedge fund platforms, Mr. Robbana was promoted to Global Macro Sector Head. In May 2011, he was promoted Head of Tactical Trading Strategies. Prior to joining DLJ Asset Management Group, Mr. Robbana was a hedge fund analyst at EIM Group, based in New York. Prior to EIM, Mr. Robbana began his career in 1997 as a hedge fund analyst at AIA Group, based in New York. Mr. Robbana earned a BBA in Finance from L'Ecole des Hautes Commerciales (HEC) de Montreal, a Minor in Economic Sciences from Universite de Montreal, and attended McGill University Graduate Business School. Mr. Robbana is a member of the Greenwich Roundtable Education Committee.

Mr. Main is a co-founder and is responsible for overall firm management and direction, in addition to investment decision-making including hedge fund selection, hedge fund portfolio construction and tail hedge overlay management. He is a member of the Board, the Management Committee, and the Investment Committee. He is also a member of the Investment Committee for the Endowment and Pension Funds at Trinity College, University of Toronto. In 2007, Mr. Main was appointed to the Hedge Fund Investors' Committee of the President's Working Group on Financial Markets. Prior to joining the firm, he was Managing Director and Chief Investment Officer of Northwater Capital Management.

West Chapman is a Managing Director in the Alternative Investments & Manager Selection (AIMS) Group, based in New York, where he serves as Head of the Risk Management and Operational Due Diligence teams for the AIMS investment strategies, and is a member of the Hedge Fund Strategies and Global Manager Strategies Investment Committees. Mr. Chapman previously served as the Chief Financial Officer of the Investment Management Division. Prior to joining Goldman Sachs, Mr. Chapman worked as Director of Financial Planning & Analysis at Travelers Group and at Price Waterhouse as an auditor. Mr. Chapman joined Goldman Sachs as a Vice President in 1997, and became a Managing Director in 2007. Mr. Chapman received a B.A. in Economics from Harvard College and an M.B.A. from New York University Stern School of Business. Mr. Chapman is a Certified Public Accountant.

Mr. Zummo is Co-Head of J.P. Morgan Alternative Asset Management and Chief Investment Officer. He is head of the Portfolio Management Group and a member of the JPMAAM Investment Committee. Mr. Zummo co-founded JPMAAM in 1994. Prior to that, Mr. Zummo served as the manager of retirement plan investments for the Interpublic Group of Companies from 1992 to 1994, where he was responsible for analysis, asset allocation and manager selection. From 1990 to 1992 he worked at the former Chase organization as an investment analyst and consultant for institutional clients of the Chase Consulting Group. Mr. Zummo received a B.S. from the State University of New York at Albany and an M.B.A. from New York University. He holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute.

Robert E. Kiernan III is the Chief Executive Officer of Advanced Portfolio Management LLC (APM), and a Senior Fellow at the Kennedy School of Government at Harvard University. Before forming APM, Mr. Kiernan spent twenty years in the capital markets, based in New York and London, with Salomon Brothers and Lehman Brothers during which he was responsible for building and leading multiple global businesses. Prior to entering the private sector, he held foreign policy positions at the National Security Council, USIA, and the Department of State during the first Reagan administration. Mr. Kiernan was educated at Boston College, the University of Chicago, and the Fletcher School of Law and Diplomacy. He is a member of the Board of Directors of Educate Girls Globally, the Research Foundation Review Board of the CFA Institute, the Liquidity Risk Committee of the International Association of Financial Engineers, and the Council on Foreign Relations.

Jane Buchan is the Chief Executive Officer and one of the four original founders of Pacific Alternative Asset Management Company (PAAMCO). Clients include large public and private pension plans, foundations, endowments and financial institutions. Jane is highly credentialed with eighteen years of experience in investment management and portfolio construction, beginning with her career at JP Morgan Investment Management. Prior to forming PAAMCO, she held positions ranging from Director of Quantitative Analysis to CIO of non-directional strategies at Collin Associates, an institutional fund-of-funds and consulting firm. Jane received her undergraduate degree in Economics from Yale University and her Masters and Ph.D. in Business Economics (Finance) from Harvard University. She is a member of the Investment Management Committee. In the field of market neutral and alternative investment strategies, Jane has numerous professional publications. Jane has also served as an Assistant Professor of Finance at the Amos Tuck School of Business at Dartmouth. Jane currently serves on the advisory board of the Chartered Alternative Investment Analyst Association (CAIA).

Ben Appen is Chief Executive Officer and a Founding Partner at Magnitude Capital, a $2.3 billion fund of hedge funds based in New York. He serves as Co-Chair of Magnitude's Investment Committee. Mr. Appen was previously a Senior Vice President at D. E. Shaw & Co., L.P., a New York-based investment firm focusing on quantitative trading and technology venture capital activities. During his seven-year tenure, he co-founded and managed the firm's fund of funds business, which grew to approximately $600 million in hedge fund investments. In this role, he oversaw the evaluation of all investment strategies, manager selection, and quantitative research, including the development of new tools for monitoring portfolio risk. D. E. Shaw & Co.'s fund of funds business was known for its quantitative sophistication and rigorous due diligence process. Mr. Appen also managed D. E. Shaw & Co.'s venture capital investments, and served on the board of directors of Schrödinger, Inc., a computational chemistry software pioneer. Immediately before joining Magnitude Capital, Mr. Appen was the Chief Executive Officer of Alkindi, Inc., based in New York City. He was responsible for overseeing the development of a collaborative filtering application based on n-dimensional clustering algorithms. Alkindi's improvements to this technology led to the company's software being rated highest in user tests. Mr. Appen has been invited to speak about hedge funds as a guest lecturer at Columbia University and New York University. He is the chairman of the board of directors of Credit Where Credit Is Due, Inc., a non-profit organization focused on financial literacy and economic empowerment in communities that are underserved by traditional institutions. He is also a member of the board of directors of the Harlem Success Academy Charter School 3. In 1992, Mr. Appen graduated magna cum laude with a B.A. in Political Science from Columbia University; he was awarded the CFA designation in 1999.

George W. Siguler is a Managing Director and founding partner of Siguler Guff. He is responsible for directing the Firm's private equity investment strategy and is the Firm's Chief Investment Officer. Mr. Siguler sits on the Investment Committees for all of the Firm's funds. Prior to founding Siguler Guff, Mr. Siguler was a Managing Director and head of PaineWebber's Private Equity Group from 1991 until Siguler Guff became independent in 1995.

Before joining PaineWebber, he was President of Associated Capital Investors (formerly Bank of America Investment Management Company). From 1985 to 1991, he served as Chief Investment Officer and oversaw the company's common stock, bond and private equity portfolios.

William Bassin joined UBP Asset Management in 2010 as a Managing Director. Prior to UBP, Bill was Director of Investments for the Museum of Modern Art's Endowment, and before that held various senior roles in the hedge fund space at Lehman Brothers, Auda Hedge, LLC, and UBS. Bill also teaches a hedge fund class at New York University, which he has done for six years, and was also an attorney for several years in New York, focusing on bankruptcy and contract law. He holds an economics degree from Dartmouth College, a law degree from Emory University School of Law, and an MBA from Columbia University Business School, all with honors.

Josh oversees all aspects of sales, marketing, education and client implementation activities. Josh is a member of the investment committee. In this role, he is responsible for setting the direction and guiding the implementation of all distribution activities of the Fund to the RIAs/IBDs across multiple channels. Josh comes to Simple Alternatives after resigning from Charles Schwab & Co., where he served for over 16 years, most recently as National Sales Director of Alternative Investments & Managed Accounts. In this role, Josh was responsible for educating Registered Investment Advisors who custody with Schwab Institutional Services about the benefits of Schwab's alternative investment and managed account platforms. Josh founded Schwab's alternative investment business in 1996. In 2003, Josh created Schwab Alternative Investment SourceTM, Schwab's alternative investment platform for registered alternative investment funds. More recently, Josh pioneered the offering of select alternative investment strategies for qualified purchaser clients of advisors who custody with Schwab Institutional Services. Through these platforms, Schwab offers a wide variety of investment products that include hedge funds, private equity, private real estate, private energy, managed futures and other alternative investment strategies. Josh has become a sought after commentator on alternative investment and managed account use by registered investment advisors. He speaks regularly at industry conferences and has been interviewed for industry publications that include Investment News, Investment Advisor, HedgeWorld and Barron's. He is a member of the Investment Management Consultants Association (IMCA), participates in the SIFMA Alternative Investment Roundtable and is a Chartered Alternative Investment Analyst (CAIA). Josh graduated with a bachelor's degree in English Literature from Ohio Wesleyan University and is registered with the FINRA Series 7, 9, 10, 63 & 66. Josh is married and has twin boys.

John is a founding partner of Casey, Quirk & Associates, a management consulting firm focused on advising investment management organizations. Prior to the formation of Casey Quirk, John was Chairman of both RogersCasey and Barra Strategic Consulting Group, of which he was also a co-founder in 1976. He was a member of the Barra Board of Directors from 1996 through mid-2001.

John has over 40 years of experience in the investment industry. Following its founding and during John's tenure as Chairman, RogersCasey grew to be among the largest and most influential pension consultants to Corporate and Public pension funds in the U.S. Barra Strategic Consulting Group, predecessor to Casey, Quirk & Associates, emerged as the premier management consultant to investment management firms. John has participated in the firm's highly-regarded investment management industry whitepapers. Before co-founding RogersCasey in 1976, he and Stephen Rogers worked together at Dreher, Rogers & Associates. Prior to that, John was a founder of investment manager research at Paine, Webber, Jackson & Curtis (1969), predecessor to Evaluation Associates, and served as a Director and head of manager research at Callan Associates (1972).

John received, along with Ed Callan, the first McArthur award from the Investment Management Consultants Association in 2000 in recognition of his leadership and innovation in the investment consulting profession. John earned a B.A. at Milton College in Wisconsin.

Charles is the Director of Hedge Fund Investment Management and Operations. In this role he is responsible for managing all investment and operational due diligence in the marketable alternatives group. He joined the firm in 2006 as the Director of Business Risk Management. In this role he was responsible for building and managing a team that conducts formalized business risk management reviews of hedge funds. These activities include reviewing hedge funds' organization and management teams; evaluating risk, compliance and control functions; reviewing accounting, trading operations and business continuity plans. This team is also responsible for the detailed tracking and evaluation of business terms in hedge fund documents, overseeing appropriate background checks, and reviewing hedge fund service providers.

Charles joined Cambridge Associates after a career of more than 20 years at State Street where he held a variety of management and executive level positions across a number of different operating businesses. These included Offshore Fund Services and European Financial Asset Services. He was responsible for establishing a bank in Luxembourg and trust companies in The Cayman Islands and Curacao and established the first offshore servicing operation in Toronto, Canada. While living in London, he was responsible for State Street's global custody business in Europe, The Middle East and Africa. He also held a senior staff role as the Chief Marketing Officer and was responsible for the global launch of the State Street brand.

Charles is active on a variety of nonprofit boards including Boston Collegiate Charter School and Community Action Partners. He graduated from the University of New Hampshire and received an MBA from Harvard Business School.

Simon has 17 years of audit, hedge fund credit and operational due diligence experience. Simon joined Aksia at its inception in October 2006 and currently serves as the Head of the Operational Due Diligence team. Simon manages a dedicated team of research professionals who are responsible for performing operational due diligence of hedge fund and fund of hedge funds investments on behalf of clients. Prior to Aksia, Simon worked at Credit Suisse, where he was the head of operational due diligence and deputy head of risk management for Credit Suisse's fund of hedge funds activities. Prior to Credit Suisse, Simon worked for KBC Financial Products (formerly D. E. Shaw Financial Products), as a risk manager working on market risk and hedge fund counterparty risk. Simon joined D. E. Shaw in 1997, as an accounting supervisor in their financial and operations group. Simon started his professional career in 1993 working for Richard A. Eisner & Company (Eisner LLP) in the audit department. Simon graduated from The State University of New York at Albany in 1993 with a B.S. in Accounting. Simon is a Trustee for the Friends of the New York Transit Museum.

Alan is Director of Hedged Strategies within the research group at Fund Evaluation Group. FEG is an institutional investment consultant with over $33 billion in assets under advisement located in Cincinnati Ohio. Alan's focus is on the hedge fund industry and his responsibilities include hedge fund manager sourcing and selection, strategy research, portfolio construction, and client education. FEG's efforts in hedge fund research include sourcing and full due diligence of both fund of funds and hedge funds across the full spectrum of alternative strategies. Alan also works in a consulting capacity with clients that have an alternative only or alternative focused mandate. Alan joined FEG in 2002. Prior experience includes investment manager acquisition analysis and portfolio company analysis for The Western and Southern Life Insurance Co. From 1997 to 2000, Alan was a Senior Associate in the Valuation Services practice at Arthur Andersen. He received a BSBA from Xavier University in Finance and Marketing and has been a CFA chartholder since 2002. In 2007, Alan was named one of the 20 Rising Stars in Hedge Funds by Institutional Investor News.

Since joining Casey Quirk as an Associate in 2002, Daniel has worked on over one hundred engagements for asset management businesses covering business management and strategy, distribution strategy and organizational structure, investment quality and benchmarking, product development, and economic alignment restructuring.

Client organizations have included managers focused on the global institutional, retail, and high-net-worth markets and based in the U.S., Europe, Australia, the Middle East, and the Far East. In addition, Daniel has worked on multiple transactions, both in sourcing and due diligence.

Daniel has focused on alternative investment managers throughout his tenure at Casey Quirk, resulting in the development of Casey Quirk's proprietary hedge fund and fund-of-hedge fund benchmarking frameworks, as well as the Casey Quirk fixed income evaluation framework. He has worked closely with the majority of the firm's fund-of-hedge fund and hedge fund clients, and was named one of Institutional Investors' 2010 Hedge Fund Rising Stars.

Daniel is the lead author of Casey Quirk's 2009 whitepaper on the hedge fund industry, The Hedge Fund of Tomorrow: Building an Enduring Firm, and co-author of the 2006 whitepaper, Institutional Demand for Hedge Funds 2: The Global Perspective. Daniel also wrote the 2005 Research Insight on quantitative managers, The Geeks Shall Inherit the Earth?

Daniel graduated in 2002 with a B.S. in Operations Research and Industrial Engineering from Cornell University.

Over his 18-year career, Michael D. Underhill has endeavored to bridge the worlds of academic theorists and financial markets. His success in doing so has resulted in a reputation as one of the world's most provocative and respected financial analysts. Michael has pioneered several unconventional portfolio strategies that are now widely applied, including listed infrastructure, listed timber, and listed agriculture investment strategies. In 2007, he established Capital Innovations, LLC as a research-intensive asset management firm that focuses on innovative alternative products. The firm explores novel approaches to real asset investment, optimal portfolio construction, and more efficient forms of capital deployment. Capital Innovations distributes investment products globally in partnership with leading financial institutions and invests on behalf of some of the largest government pension and sovereign wealth funds in the world.

His investment strategies have been featured in The New York Times, Pensions and Investments Investments and Pensions Europe, The Economist, and numerous Dow Jones publications, as well as other national and international media venues. He is author of The Handbook of Infrastructure Investing (Wiley 2010) and a faculty member at the CFA Institute teaching their infrastructure investing class.

Brad Stephan joined PFM Advisors in 2008 and brings over 12 years of institutional investment ` group. Mr. Stephan is responsible for leading the internal research efforts across markets and participating in the direction of the firm's asset allocation efforts. In addition, he oversees the investment management and consulting services provided to healthcare, endowment, and foundation clients and is a member of the PFM Advisors' investment committee.

Prior to joining PFM, Mr. Stephan was Investment Director for SEI Investments Global Institutional Group, focusing on Endowment, Foundation, and Healthcare clients across the globe. Within this role, Mr. Stephan was a key advisor to clients around issues such as portfolio construction and investment implementation, and also led the research and development efforts in this area that resulted in the release of new and innovative investment approaches for institutional investors. Mr. Stephan frequently appeared in industry publications and seminars to discuss critical issues to non-profit organizations and current market events. Prior to SEI, he worked in the portfolio management group of Evergreen Investments, working directly with small institutions and high net worth individuals in the ongoing management of their investment accounts. Mr. Stephan initially began his career with the Vanguard Group, covering a number of roles that included the investment analysis and review of defined benefit/defined contribution plans as well as the financial review of fixed income portfolios.

Mr. Stephan conducted his undergraduate education in Finance at the University of Delaware and received an MBA in Finance from Villanova University. He is also a CFA charterholder and a member of the CFA Society of Philadelphia, NACUBO, and the Healthcare Financial Management Association (HFMA).

William D. Luterman is the President, Chief Investment Officer, and a co-founding partner of LGL Partners. Since 2000, he has served as the Chief Investment Officer for the Brook J. Lenfest family office (Brooks Capital Group) and as the CIO for The Brook J. Lenfest Foundation. Mr. Luterman developed the family office's alternative and traditional asset management programs.

Previously, Mr. Luterman was an Executive Director at Goldman, Sachs & Co. in New York and was head of German derivatives trading for Goldman Sachs International in London. At Goldman, Sachs, Mr. Luterman applied his expertise to develop and trade structured products and exotic options for the firm. Prior to Goldman, Sachs, he was Vice President of Citibank Aktiengesellschaft in Frankfurt, Germany and a Senior Market Maker for Banque Nationale de Paris, also in Frankfurt. Mr. Luterman began his career at Timber Hill Incorporated.

Mr. Luterman served on the Pennsylvania Treasury Department's Financial Asset Management Commission as a direct advisor to the State Treasurer. He is a board member of the Jewish Federation of Greater Philadelphia's endowment, a member of the William Penn Charter School's Alumni Development Committee, and a board member and chair of the Budget and Finance Committee for Martins Run retirement community. He is a board member of the Mid-Atlantic Hedge Fund Association (MAHFA), and advisory board member for Global Alternative Investment Management (GAIM), a member of Foundation Financial Officers Group (FFOG), and a founding member of the Philadelphia Family Office Group (PFOG).

Mr. Luterman earned a Bachelor of Science degree from the University of Vermont, concentrating in International Finance. He is married, with three children and resides in the suburbs of Philadelphia.

Howard Cooper began his career aggressively trading equities for his own account, becoming a full-time trader in the mid-80s. In 2006, Mr. Cooper established a single-family office to manage his family assets, which were derived from his stock trading endeavors. His SFO has transitioned to global investing primarily in alternative investments, including hedge and private equity funds. He is an honors graduate of Princeton University.

Mr. Cooper's spare time is devoted to his favorite philanthropic endeavor of supporting music and art education among underprivileged students, and he has established a family foundation to support these causes. He is the chairman of the new board on Family Offices, Endowments and Foundations at Princeton's School of Finance and chairs the new Family Office Council at the NYU Stern School of Business which he coordinates with the faculty. Howard Cooper is a an advisor to the Princeton University Dept. of Astrophysical Sciences, Chairman of the University of Florida Dept. of Astronomy Advisory Council, a member of the Board of Directors of Florida Atlantic University and an advisor to several university academic advisory councils. He serves on the boards of several non-profit organizations and foundations and is the chairman of the advisory board to the Family Office Association. Howard Cooper resides in Palm Beach with his wife and 4 children.

The Cooper Family Office is invested in over 80 funds, in North and South America, Europe and Asia, as limited partners, in managed accounts and as direct equity investors. The Cooper Family Office also partners with a number of Asian and European FOs, with which they research and invest in opportunities in China, Australia and Eastern Europe, along with frontier markets. The Office is especially proud of working with numerous other family offices throughout the world in evaluating funds, building family office investment committees, seeking new opportunities and funding direct investments.

Patric de Gentile-Williams is COO and a member of the Investment Committee of FRM Capital Advisors (FCA). FCA is the hedge fund seeding division of Financial Risk Management (FRM), a global hedge fund investment specialist managing $9 billion in fund of hedge funds portfolios for institutional and other sophisticated investors. Previously, Patric was CEO and a founder of PCE Investors Ltd, a hedge fund platform managing over $1 billion. Prior to this, Patric was COO of Liquid Capital between 2000 and 2002 and between 1997 and 2000 was CEO of TARMS, an Australian software company specialising in trading and risk management systems. He previously built and ran investment and trading businesses at Banque Indosuez, James Capel & Co. and Morgan Grenfell Securities. Patric studied Engineering and Mathematics at Cambridge and London Universities and has a 1st Class degree in Mathematics and a Masters degree in Theoretical Physics from King's College London.

David Katz is the President and Chief Operating Officer of Larch Lane Advisors LLC. Mr. Katz joined Larch Lane in 2011. Mr. Katz was previously a co-founder and Partner of Rocaton Investment Advisors, an institutional investment consulting firm with $300 billion of assets under advisement. Prior to founding Rocaton, Mr. Katz was a Managing Director at BARRA RogersCasey, also an institutional investment consulting firm. He began his career in 1989 at Goldman Sachs. Mr. Katz has more than 20 years of business development, sales, marketing, client service, operations, and management experience. Mr. Katz received his B.A from the University of Pennsylvania and his M.B.A. from New York University's Stern School of Business. He currently serves on the Board of Overseers of the Annenberg Center of the University of Pennsylvania and as member of the Investment Committee of the Westport (CT) Public Library Endowment.

Randy co-founded of Alternative Asset Managers, L.P. ("AAM"), a private investment boutique which focuses on providing seed capital to start-up hedge funds. Prior to AAM, Randy was CEO of Lehman Brothers Alternative Investment Management. Prior to Lehman, he co-founded a private investment boutique which focused on investments in early stage hedge fund managers.

Previously, Randy was Managing Director of Swiss Bank Corp. ("SBC"). He founded and managed SBC's alternative asset management business from initial concept in 1992 to in excess of $4 billion of assets under management in 1998.

Previously, Randy founded International Matrix Management, an alternative asset manager that emphasized fundamental and technical trading of foreign exchange, fixed income and commodities. Prior to Matrix, he was a Vice President of Salomon Brothers focusing on global fixed income and foreign exchange.

Randy is a graduate of Harvard College (1983) with a degree in Economics and is a trustee of The New School University.

Dr. Sorina Zahan joined Core Capital Management, LLC at inception. She is a partner and serves the roles of Co-Portfolio Manager and Risk Manager. Besides her primary responsibilities of portfolio and risk management she also leads the firm's research team.

Prior to joining Core Capital, Dr. Zahan worked as the strategy and risk analyst with PGA, a multi-strategy hedge fund in Chicago. Before 2002 Dr. Zahan was a Professor at the Technical University of Cluj-Napoca, Romania, with specialization in artificial intelligence and uncertainty management. Dr. Zahan served on the Board of the Electrical Engineering school, has taught postgraduate and undergraduate courses in Romania and France, and has published two books and sixty research papers. She has been a speaker and reviewer at various industry conferences.

Dr. Zahan holds a B.S. degree with highest honors and a Ph.D. degree from the Technical University of Cluj-Napoca. She also received a MBA with honors and induction to Beta Gamma Sigma society from the University of Chicago.

Ronen Schwartzman, the Founder and Chief Executive Officer of Ten Capital Advisors, has over 11 years of investment and capital markets experience. Prior to founding Ten Capital Advisors, he served as Chief Investment Officer of Yellow Brick Capital, a multi-family office focused on alternative investments, which he led to a profitable year in 2008 - the worst year in the history of hedge fund industry. Prior to that Ronen worked for 4 years at Bear Stearns in New York where he managed equity and fixed income portfolios for individuals and corporations. He also advised institutional investors on capital markets investments. Ronen started his career as an equity analyst with Oppenheimer in Tel Aviv where he was frequently quoted in the local media. A former Special Operations Intelligence Officer in the Israeli Air Force, Ronen is fluent in Spanish and Hebrew and holds an MBA from The Wharton School - University of Pennsylvania

Steve is currently a founding partner of North Creek Advisors, an alternate asset management and hedge fund acceleration firm located in Stamford, CT. From 1999- 2006 he was the Managing Partner and founder of Sagamore Hill Capital Management LP, a multi-billion dollar multi-strategy global hedge fund. At Sagamore he was the head portfolio manager, responsible for overall management of the firm and led the firm's development of numerous fundamental and arbitrage investment strategies. Prior to Sagamore, Steve began his financial career in 1983 as one of five founding partners of Susquehanna Partners, an international proprietary trading firm. While there, he was responsible for equity and foreign exchange derivatives trading businesses as well as the overall and strategic management of the firm. He also was a Senior Managing Director at Silver Creek Capital Management where he was directly responsible for a $1B fund of funds portfolio. He worked as an environmental scientist for several years before entering the investment field.

Steve received a BA from the State University of New York at Binghamton, an MPH from the University of Michigan, and an honorary degree of Doctor of Humane Letters from the State University of New York. He is actively involved with several volunteer philanthropic endeavors including serving as: a Trustee and past Vice-Chair of the Board of Trustees at the New School University, Chairman of the Board of Governors of the New School for Public Engagement at the New School University, Board Member of the Binghamton University Foundation and Chairman of its investment committee, and a member of the Dean's Advisory Board at the University of Michigan School of Public Health.

Mark Jurish is the Chief Executive Officer of Larch Lane Advisors LLC, an investment advisory firm dedicated to the alternative investment industry and serving hedge funds and institutional investors. Prior to forming Larch Lane in 1999, Mr. Jurish was Managing Director at Paloma Partners, a firm that he joined in 1988. At Paloma, Mr. Jurish was primarily responsible for evaluating, selecting, and monitoring suitable investments for various Paloma trading entities, as well as creating and structuring new products. From 1986 to 1988, Mr. Jurish was employed at Skadden, Arps, Slate, Meagher and Flom as a specialist in financial investment modeling and management consulting. Mr. Jurish began his financial career in 1984 at Arthur Young & Company (a predecessor of Ernst & Young), an international accounting and consulting firm. Previously, he served as an Independent Trustee of the MBIA Capital/Claymore Managed Duration Investment Grade Municipal Fund, on the Best Practices Committee of the Greenwich Roundtable, and on the Board of Directors for the Managed Funds Association. Mr. Jurish received his B.A. from State University of New York at Albany in 1980 and his M.B.A. in Finance from New York University in 1984.

Michael Kelly has run his family office's global macro fund out of Sewall's Point, Florida and Houston, Texas since 2005. While highly opportunistic the fund has been an early investor in mining, infrastructure, uranium, timber, lithium and the rare earth complex. He also consults with family offices and hedge funds on strategic and business development matters.

Mr. Kelly previously ran investments and debt strategy for over 18 years for CHRISTUS Health, a large Catholic health system headquartered in Texas, and ran pension assets for a public company in Minnesota. He was instrumental in establishing one of the first Socially Responsible hedge fund offers with a large family office investor in Fort Worth, Texas.

Kelly serves on the boards of the Catholic Endowment Foundation (Diocese of Galveston-Houston), the CHRISTUS Foundation, and the investment committees of the Sacred Heart Trust- Dominican Sisters, the Greater Houston Community Foundation, and is on the advisory board of Condera Advisors in Houston. He has won the Institutional Investor Money Market News Chief Investment Officer of the year for his work on risk-based rebalancing.

Michael has more than 25 years experience as an institutional portfolio manager, investment strategist, and investment consultant. From 1997 to 2001, he was a partner at Asset Strategy Consulting. From 1993 to 1997, Michael was the director of investments for Blue Cross of California/WellPoint, Inc. Previous to 1993, he spent a total of 8 years as a bond and currency trader, and then as Chief Market Strategist with First Interstate Bank, Ltd. He started his career as a derivatives trader with Barclays Bank plc. Michael was an Adjunct Professor of Finance at Pepperdine University from 1991-2000 and at Loyola Marymount University. He earned his Bachelor of Arts, magna cum laude, from Tufts University, and Master of Arts in Law and Diplomacy from The Fletcher School of Law and Diplomacy (Tufts/Harvard). He currently serves as Chairman of the Los Angeles Chamber Orchestra and as a trustee of Kehillat Israel and Village School.

David Biase is the Head of Research and Asset Allocation. He has over 18 years of experience in alternatives from managing assets to trading and operations. Prior to joining UBP, David was the Chief Investment Officer of Westerly Capital, where he profitably managed a portfolio of global equity, fixed income, currency, commodity, emerging market and derivative products. Prior to joining Westerly Capital, he was the Chief Investment Officer at Citigroup Alternative Investments responsible for hedge fund selection and asset allocation. Prior to that, he was Global Co-Head of Emerging Market Debt, Foreign Exchange and Derivatives trading for UBS Warburg from 1993 to 1999. David received his M.B.A. and M.F.A. from Columbia University.

Dorothy E. Bossung is Executive Vice President and serves on the investment committee for Lowery Asset Consulting, LLC. Ms. Bossung's professional responsibilities include alternative investment analysis and manager selection and due diligence, portfolio construction, and wealth management. Her clients include both institutions and high net worth individuals.

Prior to joining Lowery Dorothy served as a Managing Director of a boutique financial services firm. This followed 5 years as a Director with Deloitte & Touche Investment Advisors, where she chaired the national investment policy committee, was an advisor to the national investment advisory board for the firm and led the Midwest investment consulting practice. Dorothy has 10 years of leadership roles within the investment practices of three multinational accounting firms and 18 years with multinational brokerage firms. Ms. Bossung began her career in the commodity boardrooms of Shearson, Hayden Stone and E. F. Hutton.

Ms. Bossung graduated from Pace University cum laude with a bachelor of business administration in accounting. Her professional credentials include the Certified Investment Management Analyst (CIMA®) designation and she is a Certified Financial Planner (CFP®) certificant. She is the President (2012) of the Chicago Finance Exchange; a member of the Certification Commission and a member of the steering committee for the Certified Private Wealth Advisor (CPWA®) designation in conjunction with the Investment Management Consultants Association. Dorothy also serves on the business conduct committee for the National Futures Association (NFA).

Ms. Bossung is a frequent author and instructor on the subject of investments and investment policy and is recognized as a subject matter expert by the CFP? Board of Examiners for whom she has reviewed national exams and written investment and investment management related questions. Most recently, Dorothy has been quoted by Investment News, Crain's Chicago, and Today's Chicago Woman.

Angelo, Gordon is one of the oldest and most successful Alternative Investment Firms in the world. The firm presently manages $24 billion dollars primarily in credit, corporate restructuring, as well as real estate both in the U.S. and Asia. The firm's goal has always been generous returns with low volatility and without the use of leverage. John M. Angelo is the co-founder and Chief Executive Officer of Angelo, Gordon & Co. He manages the firm's growth and is focused on its strategic direction. John is well known as a pioneer in the hedge fund industry as well as in the distressed markets. Prior to Angelo, Gordon, Mr. Angelo was associated with L.F. Rothschild for 18 years. At Rothschild he managed the firm's proprietary capital in world markets with particular emphasis on derivatives. Born and raised in New York City, Mr. Angelo has been married for 44 years to the songwriter Judy Hart Angelo. The Angelo's have three grown children. Mr. and Mrs. Angelo sit on several non-profit boards within the NYC and Washington area. John holds a B.A. degree from St. Lawrence University.

Eric Sprott has over 40 years of experience in the investment industry and has established a reputation as one of Canada's most highly regarded asset managers. Eric began his career as a research analyst at Merrill Lynch after earning his designation as a chartered accountant in 1968, and joined Loewen Ondaatje, a prominent Canadian broker/dealer, in 1972.
Eric founded Sprott Securities Inc., a Toronto-based broker/dealer specializing in smallcap institutional brokerage, in 1981. He began managing money for friends and family the following year, and by the early 1990’s was managing multiple discretionary investment accounts. In 1997, due to high client volume and increasing demand for his management services, Eric consolidated the accounts and launched the Sprott Canadian Equity Fund, a long-only mutual fund, which has won numerous investment awards and generated an annualized return of 20% since inception.

Eric established Sprott Asset Management LP (SAM) in 2000, and launched the Sprott Hedge Fund L.P. in November of that year in order to better position clients for a secular bear market – it was the third hedge fund to be launched in Canada at the time. After establishing SAM as a separate entity in December 2001, he divested his entire ownership of Sprott Securities to its employees (now Cormark Securities Inc.), and began focusing solely on the investment management business. Sprott Asset Management LP has since grown into the largest hedge fund company in Canada and now manages over $10 billion in assets (as of July 20th, 2011).

Eric has won numerous awards for his investment performance. The Sprott Offshore Fund Ltd. was awarded the 2006 MarHedge Annual Performance Award under the Canada-Based Manager category. In October 2006, Eric was the recipient of the 2006 Ernst & Young Entrepreneur of the Year Award (Financial Services) and the 2006 Ernst & Young Entrepreneur of the Year for Ontario. In December 2007, Eric was named Fund Manager of the Year by Investment Executive, a widely circulated publication for Canadian financial advisors. In October 2008, the Sprott Offshore Fund Ltd. won the award for the Best Long/ Short Hedge Fund globally by HFM Week, a leading publication for the global hedge fund industry. In 2010, the Sprott Capital LP Fund, the US-onshore version of Eric’s long/short equity hedge fund, won “Fund of the Year” at the 2010 Absolute Return Awards. In 2011, Eric was named “Top Financial Visionary in Canada” by Advisor.ca.

Eric's predictions on the state of the North American financial markets have been captured throughout the last several years in an investment strategy article that he authors titled "Markets At A Glance”.

Bruce Richards is the Chief Executive Officer of Marathon Asset Management, and is responsible for general oversight of $10 billion of capital that the firm manages on behalf of its institutional investors. Marathon was founded in January 1998 and focuses on the global credit markets with a focus on corporate debt, structured debt and emerging market debt. Marathon employs 130 professionals and maintains its headquarters in New York, with investment offices in London and Singapore. Mr. Richards received his B.A. in Economics, summa cum laude, from Tulane University in 1982 and is a member of Phi Beta Kappa.

Seth is a Portfolio Strategist at Bridgewater Associates. He is a senior member of the research group with expertise in portfolio structuring and the foreign exchange, interest rate, commodity, and equity markets. He also works with Bridgewater's clients to develop investment strategies that meet their objectives and to provide insight into the research group's thinking on global markets and economic conditions. Seth has been with the firm since 2002. He received his B.A. from Amherst College (magna cum laude) with majors in economics, political science, and philosophy.

Since its inception in November 2005. Mr. Garden currently serves as a director of The Wendy's Company (formerly Wendy's/Arby's Group, Inc.). Prior to forming Trian, Mr. Garden was a managing director of Credit Suisse First Boston, where he had served as a senior investment banker in the Financial Sponsors Group since 1999. Mr. Garden graduated from Harvard College with a B.A. in Economics.

Clifton Robbins is the Founder and CEO of Blue Harbour Group LP, an investment firm that pursues a value-oriented, active ownership investment strategy in public markets. The firm serves as a lead minority shareholder in public companies and works collaboratively with management and boards on initiatives to create and unlock shareholder value. A veteran investor with 25 years of experience, Robbins founded Blue Harbour in 2004. He was previously a Managing Member of General Atlantic Partners LLC, a global private equity firm, and served on General Atlantic's Executive, Investment and Portfolio Review Committees. Prior to joining General Atlantic Partners in 2000, Robbins was a General Partner of Kohlberg Kravis Roberts & Co., which he joined in 1987. He is a member of the Boards of Overseers and Managers of the Memorial Sloan-Kettering Cancer Center and chairs its Funding and Finance Committee, overseeing its $3 billion endowment. Robbins received a Bachelor's degree from Harvard College and an M.B.A. from Stanford University.

Jean-Louis Lelogeais, Co-Founder and Senior Managing Director, 52. Mr. Lelogeais is a member of the Investment Committee and is also responsible for business development. From 1999 to 2001, Mr. Lelogeais had similar responsibilities for Moore Strategic Value Partners, a joint venture with Moore Capital. From 1997 to 1999, Mr. Lelogeais headed Lelogeais & Co., LLC, an advisory firm focused on strategic management issues in global wholesale financial services. From 1994 to 1997, he was a Managing Director at Chase Manhattan Bank, where he led the Global Bank strategic repositioning, and after the merger with Chemical Bank, implemented the merger integration of the Global Client Management business. From 1985 to 1994, Mr. Lelogeais was a Partner with Booz Allen Hamilton, where he managed the Wholesale Banking and Capital Markets practice. During his more than 10 years as a management consultant, Mr. Lelogeais acquired significant experience across corporate banking and capital markets businesses and in turnaround and growth strategies. Mr. Lelogeais received an M.S. in Management Sciences from the Massachusetts Institute of Technology in 1985 and a Masters in Engineering from Ecole des Mines in 1981.

Andrew Rabinowitz is a Partner and the COO at Marathon Asset Management, and is also a member of the firm's Executive Committee. He manages Marathon's day-to-day activities; is responsible for setting global policies/ procedures, financial controls, external code of conduct and assisting on business development; he also oversees the Investor Relations and Client Services team and monitors Marathon's third party relationships with external service providers.

Mr. Rabinowitz joined Marathon in 2001 from Schulte Roth & Zabel, where he was a practicing lawyer in the corporate group specializing in hedge funds and asset management from 2000-2001. Previously, Mr. Rabinowitz was employed at Ernst & Young for seven years as a Certified Public Accountant (CPA) focused on hedge funds and asset management and broker-dealers. He also co-founded The R Baby Foundation which has raised several million dollars for children's hospitals in the U.S.

Mr. Rabinowitz holds his J.D. in Law from Fordham University School of Law and a B.B.A. in Accounting from Pace University, magna cum laude. Mr. Rabinowitz is a CPA in the State of New York and is currently a member of the Bar in New York and Washington, D.C.

Ms. Hunter is currently a Managing Director and the Chief Economist at Aladdin Capital. Prior to joining Aladdin, she was with Galtere Ltd., a global macro hedge fund, where she served as a Chief Economist. Prior to and concurrently with, Galtere Ltd., she was the Managing Member and Chief Investment Officer of Coronat Asset Management. In that role, Ms. Hunter identified macro themes and invested in global equity and FX markets to capitalize on these themes. Prior to founding Coronat, Ms. Hunter was a Partner and Portfolio Manager at Quantrarian Capital Management, a hedge fund that invests in Asian markets. In addition, she has worked as a Portfolio Manager at Firebird Management, LLC after starting her career as an economist at Chase Manhattan Bank in foreign exchange. Throughout her nearly sixteen-year career, Ms. Hunter has honed her ability to pick a needle from the economic haystack of data, synthesizing information to identify turning points for economies and markets. Ms. Hunter is an active member of the National Association for Business Economics (NABE) where she chairs NABE's International Roundtable. She will be co-chair of the NABE delegation to Brazil in August 2011 (the 2010 trip was to China). In addition to being one of the economists surveyed in the NABE outlook survey, she participates in the CNBC Fed Watcher survey, the Macro Market's quarterly survey on home prices in the United States, and her forecasts on the U.S. economy, the Chinese economy, and the UK economy are included in Bloomberg's survey of economists who produce forecasts for these countries. Ms. Hunter authors Aladdin Capital's weekly outlook on global markets. She recently began penning the "Inflation Watch" section which enables the firm and its clients to understand and capitalize on the implications of various inflation statistics under unusual circumstances when the Federal Reserve is engaging a non-standard monetary policy and when a country as large as China has pegged its currency to the U.S. dollar.

An active member of the Global Interdependence Center, Ms. Hunter is a regular speaker that GIC's international conferences. Ms. Hunter is a Patron of the World Policy Institute in New York where she has been a speaker at the organization's Political Salons. Ms. Hunter earned a Masters of International Affairs from Columbia University and a Bachelor of Arts from New York University. She is a regular guest on CNBC, PBS Nightly Business Report and Bloomberg TV, as well as being quoted in the Financial Times, Wall Street Journal, Barron's, Forbes and The New York Times to name a few. Her professional memberships include: the National Association for Business Economics (NABE) where she also serves on the board of the organization, The New York Association for Business Economics, Money Marketeers, Network 20/20 and The Global Interdependence Center.

John P. Zito is the Portfolio Manager for the Brencourt Credit Opportunities Funds. Along with Mr. Collins, Mr. Zito is responsible for overseeing all investment activity related to the management of the Credit Opportunities Funds.

Prior to joining Brencourt, Mr. Zito was a portfolio manager for the Veritas Credit funds. Mr. Zito began his career at Veritas Funds as an analyst and departed as the head trader for their capital structure arbitrage and short only credit funds.

Mr. Zito holds a B.A. cum laude from Amherst College and is a Chartered Financial Analyst.

Samer has been Lyford Group International's CIO since its founding. He has 20 years of investment industry experience. Mr. Nsouli began his investment career in 1988 after graduating from Boston College with a degree in finance, joining Drexel Burnham Lambert in Paris as a foreign-exchange trader. He left Drexel to earn an MBA at Columbia Business School in New York, graduating in 1992. Mr. Nsouli joined Lehman Brothers as a non-dollar government bond trader and market maker; he also traded Treasury STRIPs. In 1995 he joined UBS, also as a U.S. Treasury trader, making markets for the entire STRIPs curve, off-the-run bonds and high-coupon callable bonds. Mr. Nsouli left UBS in 1996 to oversee Fuji Bank's zero-coupon bond desk, making markets in STRIPs, off-the-run bonds and high-coupon callable Treasuries. In 1997, Mr. Nsouli founded Scorpio Fund Advisors, where he managed multi-asset private client portfolios in fixed income, currencies, and equity indices using both Fundamental and technical analysis, with a focus on tactical trades. In 2001 Mr. Nsouli joined JPMorgan as a European Equities Sales-Trader. In early 2002, partnering with a family office he had known for several years, he launched the Lyford Fund. Mr. Nsouli lives in New York City.

In 1993, Terrence Duffy founded Lionhart. As a trader and portfolio manager, Terrence has generated profits in nineteen of the last twenty years. His impressive background includes over 20 years of alternative investment industry experience. Terrence has held several key roles prior to forming Lionhart. As Head Trader of Global Equity Derivatives at First Interstate Capital Markets, he was instrumental in producing significant profits for the bank's proprietary accounts. As Senior Manager at Continental Bank, he developed substantial trading experience in Japanese warrant and convertible arbitrage. In addition, at O'Connor & Associates he developed a leading edge trading system that helped make significant profits during the Crash of 1987. Terrence holds a Bachelor of Science degree in Mathematics and Computer Science from Purdue University.

Alan Andreini is Chairman of the Executive Committee and works with Bill Collins in all areas related to firm management. Mr. Andreini has extensive experience building and managing firms and over the last 35 years has run three public companies while raising billions of dollars in public financing and private investments to fuel their growth. Prior to his joining Brencourt in September 2010, Mr. Andreini was CEO of the hedge fund manager Armored Wolf, LLC, which he helped launch and grow to over $200 million in assets under management. Prior to Armored Wolf, Mr. Andreini was with the hedge fund manager Money Management Group, LP, where as a general partner, he transitioned a small friends and family hedge fund with 4 employees and $41 million under management into a global institutional asset management firm with 34 employees and over $1 billion in assets under management. Mr. Andreini holds a B.A. from Princeton University and a J.D. from Rutgers University Law School.

Stephen Siderow is a co-founder and the President of BlueMountain Capital, overseeing the Firm's business development and strategic growth initiatives. Mr. Siderow is also a member of the Firm's Management Committee. Prior to co-founding BlueMountain in 2003, Mr. Siderow was a Senior Consultant with McKinsey & Company's New York Office, where he focused on the financial services industry, serving senior management executives and CEOs on a variety of issues in business strategy, organization and operations. Prior to that, Mr. Siderow was a corporate attorney with Cleary, Gottlieb in New York. Mr. Siderow serves on the Board of Directors of The Civilians, an investigative theater organization supporting the development and production of new theater initiatives, and is also a member of the Board of Directors of Ars Nova, which provides training and development programs to young performing artists. In addition, Mr. Siderow is a member of the Board of the New York City Council of Taglit-Birthright Israel. Mr. Siderow holds a J.D. cum laude from Harvard Law School and B.A. magna cum laude in Philosophy from Amherst College. Mr. Siderow was also a Fulbright and Sheldon Scholar in Israel.

Founded Leopard Capital in 2007, and has over 25 years' experience in emerging markets investments. As a senior executive at CLSA Securities, Indosuez WI Carr Securities, and Kerry Securities, he managed investment teams in Thailand, Hong Kong, Singapore, Malaysia, New York City, Mexico, Brazil, Venezuela, Argentina, and Chile. In 1999 Douglas founded Abacus Equity Partners which arranged and participated in several of Thailand's most successful private equity investments. He serves as Technical Advisor to the Director-General of the Securities & Exchange Commission of Cambodia, and Trustee of the Center for Khmer Studies. Douglas holds a MM from Thailand's Chulalongkorn University and a BA (History) from Cornell University.

Mr. Putnam is founder and a Partner at Massif Partners. Prior to joining Massif Partners, Mr. Putnam founded Grail Partners LLC in early 2005 and is Managing Partner. Prior to founding Grail, he led Putnam Lovell Securities, which Mr. Putnam founded in 1987. At Putnam Lovell Mr. Putnam served as Chief Executive Officer, Chairman of the Board and Managing Director in the firm's investment banking group. From 1980 to 1986, Mr. Putnam held senior positions at SEI Investments. He was an Executive Vice President and Division President of SEI, founder and President of SEI Financial Services Company. Prior to joining SEI, Mr. Putnam was a Senior Consultant at Catallactics Corporation (a subsidiary of SunGard), where he devised new quantitative products and strategies for major banks, including J.P. Morgan, The Boston Company, and Northern Trust Company. From 1973 to 1978, Mr. Putnam designed quantitative investment products and other trust services at Bankers Trust Company.

Alison Graham is Chief Investment Officer of Voltan Capital Management and portfolio manager of Voltan Frontier Markets Fund. Ms. Graham has over seventeen years' experience in emerging and frontier markets finance. Until 1998, she was a partner and senior analyst for Latin American equities at the investment bank Caspian Securities. In 1998, she moved to Moscow to join United Financial Group where she was responsible for equity analysis and corporate due diligence on the Russian power sector. Since 2000, Ms. Graham has managed Voltan's frontier markets advisory business including trading across the fund's universe of sixty early-stage emerging markets. She holds a Master's degree from the University of California at Berkeley, is a Chartered Financial Analyst and is fluent in six languages.

Prior to joining Duet, Tony was the Global Head of oil Products Trading at Credit Suisse Glencore from 2008 to 2010, looking at opportunities in the commodities derivatives market. His approach was directional and option-based. From 2001 to 2008 Tony worked for Deutsche Bank where he was Global Head of oil Products Trading and previously a Macro Proprietary Trader. During this time he traded a portfolio of FX, Commodities and Fixed Income products consisting of spot, forward, futures and options positions.

Tye Schlegelmilch is the Managing Member and portfolio manager of Sonterra Capital LLC ("Sonterra"). Sonterra is a New York based long/short equity fund primarily focused on the energy, industrial, materials and utilities sectors. Prior to founding Sonterra Capital, Tye was most recently a Managing Director and Portfolio Manager for Perry Capital, with responsibilities for the firm's investments in the industrial, energy, basic material and utility sectors. From 1999 to 2004, Tye was an associate at Goldman Sachs in the investment banking division. While at Goldman Sachs, Tye focused on mergers and acquisitions as well as other corporate strategy and events within the Industrials and Natural Resources Division.

Tye graduated with a Bachelor of Science and Master of Science from MIT in Mechanical Engineering. As part of Tye's graduate work at MIT, he was sponsored by Schlumberger and spent approximately ten months in Houston working on the Master's thesis. Tye's work at Schlumberger was ultimately incorporated into an oilfield service product for use in subsea applications and his design was awarded patent protection.

Mr. Humes is the President and CIO of Greylock Capital Management, LLC, which he founded as a joint venture with Van Eck Global in May, 1995. Mr. Humes has 20 years of experience working in emerging markets. He was a Managing Partner of Van Eck Absolute Return Advisors, Inc. where he launched the fund which became the Greylock Global Opportunity Fund in 1997.

From 1991 to 1994, he was a key member of the Lehman Brothers emerging markets debt trading team, co-developing the desk and managing over $500M in investments. Prior to that he traded a proprietary debt portfolio at Banco Santander and engineered several debt/debt and debt/equity swaps in Latin America. He began his career at Manufacturer's Hanover, where he worked on the sovereign debt restructurings for the Republic of the Philippines and the Republic of Yugoslavia. Mr. Humes served as the Co-Chairperson of the Global Committee of Argentina Bondholders (GCAB), which represented approximately $40 billion in holdings in the largest sovereign debt restructuring in history. He is a member of the Institute of International Finance's (IIF) Principles Consultative Group (PCG) for the Principles for Stable Capital Flows and Fair Debt Restructuring in Emerging Markets, and of the IIF Working Group on Reconciliation of Past Due Sovereign Debt. Mr. Humes is on the Investment Committee of Synergos, a nonprofit institute dedicated to developing effective, sustainable, and locally based solutions to global poverty. Mr. Humes is also on the board of the New York Theatre Workshop (NYTW).

Mr. Humes received his BA from Williams College. He has lived and studied in Nigeria, Morocco, Canada, Netherlands, Chile, Mexico, and Belgium and is fluent in Spanish.

Zin Bekkali has extensive experience the investment management industry mainly focusing on emerging markets. Throughout his career he has successfully entered new markets and managed strategic initiatives. He worked for ING Investment Management, Bain, Ahold and Fortis Investments. In 2008 he has founded Silk Invest, a specialist fund manager which focuses on frontier markets in Africa, the Middle East and Asia. Silk Invest is today one of the leading frontier markets managers with staff from over 10 different frontier markets and based in 7 different offices.

Honorable Paul V. Applegarth is CEO of Value Enhancement International, an emerging markets investment and advisory firm.

His career combines forty years in private equity, emerging markets, and international development. He has worked in Asia, Latin America, Eastern Europe and Africa, has an international reputation, and has a network of relationships in developed and developing countries.

In 2004, the U.S. Senate confirmed Mr. Applegarth as founding CEO of the Millennium Challenge Corporation. Previously, he was founding COO of the Emerging Africa Infrastructure Fund, a public/private partnership sponsored by several European governments to develop infrastructure in sub-Saharan Africa. After beginning his career at the World Bank Group, he headed Bank of America' Global Project Finance and North American Investment Banking Groups. He subsequently joined Lehman Brothers, and then was Managing Director at Emerging Markets Partnership, a private equity firm specializing in emerging market infrastructure.

He has served on the Overseas Private Investment Corporation's Advisory Board for Africa and the State Department's Africa Policy Advisory Panel. Mr. Applegarth is a graduate of Yale University, Harvard Law School, and Harvard Business School, where he was a Baker Scholar. Mr. Applegarth was a White House Fellow in 1981-82, and is a Vietnam veteran.

Howard Kurz is the Chairman, Founder and Chief Investment Officer of Lily Pond Capital Management LLC. Mr. Kurz was most recently a Managing Director and Head of North American Financial Markets at The Royal Bank of Scotland Plc. Prior to that Mr. Kurz was a Managing Director of Natwest responsible globally for the Foreign Exchange, Emerging Markets, and the Proprietary Trading groups. Mr. Kurz was a senior member of the division's Executive Committee. Prior to Natwest, Mr. Kurz was a Managing Director at Lehman Brothers where he headed the Multi-Markets Proprietary Trading unit attached to the fixed income division. Before joining Lehman Brothers, Mr. Kurz was a principal in the investment management firm Buchen, Kurz, and Company Inc., which managed a hedge fund engaged primarily in the trading of foreign exchange and fixed income cash and derivative products. Buchen, Kurz and Company Inc. was originally acquired by Continental Grain Company where Mr. Kurz managed proprietary trading activities as a Managing Director with the firm. Mr. Kurz began his professional career as a swaps/currency trader at Bank of America in 1979. He is a graduate of the University of Pennsylvania with a degree in International Economics and Finance, has lectured at the Wharton School on the subjects of capital markets and exchange rates and is a former member of the Federal Reserve Bank's Foreign Exchange Committee in New York.

William Barlett, Senior Trader and Partnerof Parallax Fund, has been involved with equity options since 1995 and has been with Parallax since 1996. In his 15 years at Parallax, Will has played an active role transforming the fund from a small, floor-based trading firm, to a large player in the US options market managing a complex portfolio of more than 5000 options positions on US equities, indexes, and ETFs. Prior to joining Parallax, Will worked on the floor of the Pacific Coast Exchange while studying for his bachelor's degree in Economics at the University of California, Berkeley. Will is an active of member of The Guardsmen, a non-profit organization helping at-risk youth by providing scholarships support and outdoor education programs to students in the San Francisco Bay area.

James Johnstone, Managing Director, Director of Frontier Markets Research, is responsible for investment management and research in frontier markets at Everest Capital. He has over 15 years of experience in investment management and research. Everest Capital employs a thematic investment strategy that combines top-down and bottom-up analysis to investing in smaller developing economies and less established world markets. Over the past 20 years, Everest Capital has conducted due diligence in 100+ markets worldwide and invested in over 66 emerging and frontier markets. Before joining Everest Capital in 2009, Mr. Johnstone was a co-founder and CIO of Alcor Investment Management, a long-short, multi-strategy Asian hedge fund headquartered in Singapore. He previously worked for Gartmore Investment Management for three years where he was a member of both the long-only and long-short global emerging markets teams. He started his career with Schroder Investment Management, working on the UK equities and Global Emerging Markets teams. He also served in the Royal Navy for five years. Mr. Johnstone graduated from Christ Church, Oxford University with a B.A. (Honors) in Classics and Modern Languages. Mr. Johnstone speaks Russian.

David A. Lorber is a co-founder and Portfolio Manager of FrontFour Capital Group LLC, a value event-driven hedge fund. Mr. Lorber is also a co-founder of FrontFour Capital Corp. Prior to founding FrontFour Capital Group in January 2007, Mr. Lorber was a Senior Investment Analyst at Pirate Capital LLC a $1.8 billion hedge fund. Prior to that, Mr. Lorber was an Analyst at Vantis Capital Management LLC, a money management firm and hedge fund. Mr. Lorber began his career as an Associate with Cushman & Wakefield, Inc., a global real estate firm. Throughout his career Mr. Lorber has worked with and served on multiple public company boards with a focus on the development and implementation of strategies to enhance stakeholder value.

Samer has been Lyford Group International's CIO since its founding. He has 20 years of investment industry experience. Mr. Nsouli began his investment career in 1988 after graduating from Boston College with a degree in finance, joining Drexel Burnham Lambert in Paris as a foreign-exchange trader. He left Drexel to earn an MBA at Columbia Business School in New York, graduating in 1992. Mr. Nsouli joined Lehman Brothers as a non-dollar government bond trader and market maker; he also traded Treasury STRIPs. In 1995 he joined UBS, also as a U.S. Treasury trader, making markets for the entire STRIPs curve, off-the-run bonds and high-coupon callable bonds. Mr. Nsouli left UBS in 1996 to oversee Fuji Bank's zero-coupon bond desk, making markets in STRIPs, off-the-run bonds and high-coupon callable Treasuries. In 1997, Mr. Nsouli founded Scorpio Fund Advisors, where he managed multi-asset private client portfolios in fixed income, currencies, and equity indices using both Fundamental and technical analysis, with a focus on tactical trades. In 2001 Mr. Nsouli joined JPMorgan as a European Equities Sales-Trader. In early 2002, partnering with a family office he had known for several years, he launched the Lyford Fund. Mr. Nsouli lives in New York City.

Allan Teh is the CEO and CIO of Kamunting Street Capital Management. He founded the firm in 2004, after establishing himself as a successful trader and portfolio manager throughout a career that spans eighteen years in the credit and convertible markets. Mr. Teh is actively involved in the day to day management and investment process at Kamunting Street. Prior to founding the firm, Mr. Teh was Chief Investment Officer of Tribeca Management, LLC from 1997 to 2004. During his time spent at Tribeca, Mr. Teh developed the convertible arbitrage-centric capital structure strategies that he continues to employ today at Kamunting Street. Prior to his tenure at Tribeca, Mr. Teh was employed at Goldman Sachs where he served as senior trader at the proprietary convertible bond trading desk from 1991 to 1997. Mr. Teh received a Masters of Business Administration from the University of Chicago and a B.S. in Accounting from the University of Illinois.

Prior to joining Centerbridge, Ms. Clark was the General Counsel and Chief Compliance Officer of Basso Capital Management, L.P. ("Basso"), an SEC-registered investment adviser managing multi-strategy, convertibles and credit funds. Prior to Basso, Ms. Clark was the Deputy General Counsel of Amaranth Group Inc., an investment adviser for multi-strategy and long/short equity funds. Before that, Ms. Clark served as Vice President and Assistant General Counsel at Goldman Sachs, where she was responsible for finance and corporate legal matters involving The Goldman Sachs Group, Inc. and, prior to that, for legal matters involving the investment banking business of Goldman, Sachs & Co. Ms. Clark started her career as an Associate in the New York Office of Shearman & Sterling LLP. Ms. Clark graduated with honors from Swarthmore College and received her J.D. from Columbia Law School.