Role of Technology

Minor

Role of Private Equity

None

Role of Macro

None

Allocates to Other Managers

No

Risk Management

Net Exposure

Less than 10 percent

Hedging Technique

The strategies allow for hedging of individual positions and the overall portfolio

Maximum Leverage

Uses leverage only in convertible arbitrage, 3:1

Memorable Loss

Not disclosed

Risk Management

Reduces allocations quickly, limits percentage of cash tender offers, maximum risk of any one position is 1 percent of portfolio

Background Information

Initial Spark

College

Professional Background

Goldman Sachs, trader

Education

Wharton School of Finance and Commerce

Motivation/Satisfaction

Build the best team

Age

39

Free Time

Skiing, golf, philanthropy, children