Aaron Cowen

Founder & Portfolio Manager

Suvretta Capital

Aaron Cowen is the Founder and Portfolio Manager of Suvretta Capital Management, a $3.5 billion

investment advisor in its sixth year of operation. Suvretta is focused on generating positive absolute

returns in a variety of market environments primarily investing in equity securities, both long and short,

with an emphasis on an “industry before company” investment philosophy. Mr. Cowen has over 20 years

of experience as a Portfolio Manager and Research Analyst. Prior to forming Suvretta, he served as a

Portfolio Manager at Soros Fund Management where he independently managed the largest long/short

equity portfolio with AUM of $800 million and more than $1 billion in gross exposure. While at Soros

Fund Management, Mr. Cowen also advised CIO Keith Anderson on managing a larger center book of

equities and led a team of research analysts.

From 2008 to 2010, Mr. Cowen served as the Chief Investment Officer at SAC Capital Management

where he co-managed the multi-billion dollar central investment portfolio with founder, Steven

Cohen. From 2002 to 2008, he was a Partner and Managing Director at Karsch Capital Management

where he played an integral role in growing AUM from $230 million to $3.3 billion and managed a

significant portion of the capital. From 1994 to 2001, Mr. Cowen worked as a Research Analyst at

Fidelity Investments, The Baupost Group, and Lehman Brothers.

Mr. Cowen graduated Summa Cum Laude with a BS degree in Finance and a BSE degree in

Bioengineering from The Wharton School at the University of Pennsylvania in 1994. He also earned an

MBA from MIT Sloan School of Management in 2002.

Bruce Richards

Chairman & Chief Executive Officer

Marathon Asset Management, LP

Bruce Richards is Chairman & Chief Executive Officer of Marathon Asset Management. Richards is

responsible for general oversight of the $12.7 billion the firm manages on behalf of its institutional

investors. He also leads the firm’s Executive Committee and is a member of its Investment Committee.

Richards' day-to-day presence is critical in maximizing Marathon's synergies and leveraging the

intellectual capital throughout Marathon.

Richards co-founded Marathon with Louis Hanover in January 1998. The firm focuses on investing in the

global credit markets, including corporate debt, bank debt and bonds, special situations and distressed

debt, the structured debt markets (RMBS, CMBS, ABS, CLOs, Aircraft Finance and Asset-based

Lending), and Emerging Market Debt. Marathon employs 150 professionals and maintains its

headquarters in New York, with investment offices in London and Singapore.

Prior to founding Marathon, Richards worked on Wall Street for 15 years, including 10 years as a

Managing Director in the fixed income divisions of Smith Barney and Donaldson, Lufkin & Jenrette

where he was head of a trading desk responsible for principal investments and market making.

In March 2014, Richards was the recipient of Help for Children | Hedge Fund Cares’ Award for Caring

for his strong commitment to philanthropy. He has also been honored by the UJA Federation of New

York and HELP USA, and was the recipient of the Boomer Esiason Foundation’s Most Valuable Player

Award and the R Baby Foundation’s Philanthropic Leadership Award. Richards serves on the boards of

The University System of Maryland (USM) Foundation.

Richards received his B.A. in Economics, summa cum laude, from Tulane University (1982) and is a

member of Phi Beta Kappa.

Christopher Gate

Founding Partner and Chief Investment Officer

Oceanwood Capital Management LLP

Christopher Gate is the Founding Partner and Chief Investment Officer of Oceanwood Capital

Management, a European focused alternative investment manager. The firm employs fundamental

research to identify catalyst driven investment opportunities across the capital structure and specializes in

capturing long and short opportunities at various points in the business cycle, with capacity to take on

stressed and distressed situations as well. Prior to establishing Oceanwood, Christopher spent six years as

the Portfolio Manager of the event-driven investment strategy at Tudor Capital (UK) LP, investing capital

allocated from Tudor’s BVI Global Fund and Tudor’s proprietary trading account. From 1997 to 1999, he

was the Head of Equity Proprietary trading at Barclays Capital, responsible for a team of individuals

trading a variety of equity-related strategies. From 1995 to 1997, he was the Portfolio Manager of an

Equity Proprietary Trading book with Bankers Trust in London, pursuing an event-driven strategy. In

1993, Christopher joined the Equity Derivatives department of Goldman Sachs, specializing in structuring

equity derivative transactions. Christopher started his career in 1989, in the Investment Banking

department of Goldman Sachs, initially in New York and later in London, working on a wide variety of

real estate transactions, as well as M&A and principal investment transactions. Christopher received an

HBA (Honours) in 1989 from the Richard Ivey School of Business Administration at The University of

Western Ontario in Canada.

Christopher J. Bricker

Head—AB Arya Partners

AllianceBernstein L.P.

Christopher Bricker is a Partner and Head of AB Arya Partners. In this role, he is responsible for the

leadership, strategic direction and overall results of the group. Previously, Bricker was head of the firm’s

Alternatives Business, responsible for sourcing new investment talent, building out a supporting

infrastructure, business development and the management of the group’s overall profit and loss. During

his AB tenure, he was also head of product strategy and M&A. Bricker spent four years in Europe, where

he served as managing director for AB’s Luxembourg-based investment platform. Before joining AB, he

worked in Dean Witter’s Asset Management division. Bricker holds a BS in accounting from Marist

College and an MBA in finance from Long Island University. He is a CFA charterholder and a Chartered

Alternative Investment Analyst. He also holds FINRA Series 3, 7, 24 and 63 licenses. Location: New

York

Daniel Johnson

Founder and Portfolio Manager

Gillson Capital LP

Dan Johnson’s career in the investment management industry spans 20 years, during which he has twice

been named the top Financial Services analyst by Institutional Investor (2004 and 2008). Before founding

Gillson Capital, Mr. Johnson was at Citadel Investment Group, which he joined in 2004 as the insurance

analyst in the firm’s newly formed fundamental equity long/short business. After five successful years as

an analyst, Mr. Johnson became portfolio manager of the Financials team based in Chicago, managing a

multi-billion dollar fund and a team of five professionals. Prior to Citadel, Mr. Johnson was at Brinson

Partners (which was acquired by UBS Global Asset Management) from 1996-2004, where he was lead

analyst for the healthcare services and insurance industries. Mr. Johnson graduated from the University of

Chicago’s Booth School of Business in 1996.

Dedric Cederholm

Founding Partner & Chief Investment Officer

Lion Point Capital

Didric Cederholm is a Founding Partner and the Chief Investment Officer of Lion Point Capital. Prior to

founding Lion Point, Didric spent nearly eight years at Elliott Management as a Senior Portfolio Manager

from 2011-2013, Portfolio Manager from 2008-2011, and Analyst from 2005-2006. From 2007-2008,

Didric was a Principal at Eos Partners. While at Elliott, Didric focused on special situation equities and

credit, notably in the following industries: auto and captive finance, media and telecommunications,

financials, and general industrials. Didric has served on official creditors’ committees as well as ad hoc

creditor groups in a multitude of large restructurings. From 2003-2005, Didric was an Associate in AIG’s

Fixed Income Group, focused on distressed investments and workouts. Didric graduated in 2003 with

honors from Columbia Business School, where he was a Fulbright Scholar, and has a LLM, summa cum

laude, from Stockholm University, where he graduated in 2001. From 1997-1999, Didric served in the

Swedish Armed Forces, first as an Interrogation Officer and later as a 2nd Lieutenant in Swedish Military

Intelligence. He lives in New York City with his wife and three children.

James Zelter

Managing Partner and Chief Investment Officer

Apollo Capital Management, LLC

Mr. Zelter joined Apollo in 2006 and is Managing Partner and Chief Investment Officer of Apollo Capital

Management, LLC. (or “Apollo”). Apollo manages $232 billion in assets under management, of which

$151 billion is within Apollo’s credit business, which Mr. Zelter directly oversees. In addition, Mr. Zelter

is the Managing Director of Apollo Global Management, and the Chief Executive Officer and director of

Apollo Investment Corporation. Prior to joining Apollo, Mr. Zelter was with Citigroup Inc. and its

predecessor companies from 1994 to 2006. From 2003 to 2005, Mr. Zelter was Chief Investment Officer

of Citigroup Alternative Investments, and prior to that he was responsible for the firm’s Global High

Yield franchise. Prior to joining Citigroup in 1994, Mr. Zelter was a High Yield Trader at Goldman

Sachs & Co. Mr. Zelter is a board member of DUMAC, the investment management company that

oversees the Duke Endowment and Duke Foundation, and is on the Board of the Dalton School. Mr.

Zelter has a degree in Economics from Duke University.

Jeff Peskind

Founder and Chief Investment Officer

Phoenix Investment Adviser LLC

Jeff Peskind is the Founder and CIO of Phoenix Investment Adviser. Founded in 2003 and based in New

York, Phoenix is an alternative credit manager specializing in US high yield and distressed debt. The

Firm manages $1.4 billion in assets across commingled funds and bespoke separately managed accounts.

Solely focused on fundamental value investing in the capital structures of levered companies, the Firm

employs an extensive bottom-up, value based research process. Phoenix has 23 employees; the 11

members of the investment team have an average of 20 years of investing experience. As a relatively

small manager Phoenix seeks to be nimble and opportunistic within the illiquid and inefficient corners of

high yield. The Firm has 3 strategies:

The JLP Credit Opportunity Fund ($1bn AUM) is focused on deeply discounted performing debt of

stressed companies that we determine will manage to turn around and avoid bankruptcy. The strategy is

focused on low dollar priced stressed debt and seeks asymmetry where the upside is often par, and

downside is limited by liquidation value and very high cash yield.

The JLP Institutional Credit Fund ($300mm AUM) is an opportunistic long/short strategy focused on

senior/secured corporate credits, this strategy seeks to generate stable returns with downside protection

and it is designed as an alternative to traditional long-only high yield.

The JLP Partners Fund ($27mm AUM) is a long/short stressed equity strategy using our value-oriented

cross-capital structure research process to identify opportunities in the equities of levered companies.

Jeff began his career at Harvard Management in 1985 as an equity and fixed income research analyst. In

1987 he joined Morgan Stanley, where he helped start and build Morgan Stanley’s high yield sales and

trading business. In 1994 Jeff joined Bank of America, where he managed the distressed debt trading

business and managed a proprietary portfolio of $500 million in distressed assets. Jeff has a B.A. in

Finance from the University of Illinois and an MBA in Finance from the University of Wisconsin.

Jonathan Larkin

Chief Investment Officer

Quantopian, Inc.

Jonathan Larkin serves as Quantopian’s Chief Investment Officer. Prior to joining the firm in 2016,

Jonathan was a Portfolio Manager at Hudson Bay Capital Management LP. Previously, he held the roles

of Portfolio Manager and Global Co-Head of Equities at BlueCrest Capital Management LP, Managing

Director and Head of Americas Equities Trading at Nomura Securities, and Senior Managing Director

and Global Head of Equities at Millennium Management LLC. He graduated magna cum laude from

Georgetown University.

Joseph Scoby

Head of Quantitative Investments

Magnetar Financial LLC

Prior to joining Magnetar in 2016, Mr. Scoby was a Chief Executive Officer, Chief Investment Officer,

and Head of Trading at Achievement Asset Management LLC (formerly known as PEAK6 Advisors

LLC). Prior to joining PEAK6, Mr. Scoby launched and led the O’Connor hedge funds at UBS Global

Asset Management from 2000 to 2010, with the exception of the fourth quarter of 2007 to the fourth

quarter of 2008. Mr. Scoby also led the UBS alternative and quantitative investment business and served

as a member of the UBS Global Asset Management Execution Committee. During the fourth quarter of

2007 to the fourth quarter of 2008, Mr. Scoby served as UBS Group Chief Risk Officer to help the firm

navigate the financial crisis. He was responsible for controlling operational, market, credit and

environmental risks across all UBS businesses globally. During this time, he also served on the UBS

Group Executive Board. From 1995 to 1999, Mr. Scoby was the Joint Head of U.S. Equities within the

Investment Bank of UBS and its predecessor firms, which included the original Chicago based O’Connor

& Associates proprietary trading group. Mr. Scoby ran the O’Connor & Associates convertible desk. Mr.

Scoby serves on the board of directors for the Wharton Undergraduate Executive Board, the Chicago’s

Lurie Children’s Hospital, and the Accelerate Institute.

Mr. Scoby completed his BS and MA degrees in four years earning a BS from Wharton School, with

honors, and an MA from the University of Pennsylvania.

Magnetar Financial LLC (“Magnetar”) is a multi-strategy and multi-product alternative investment

manager that seeks to achieve stable risk-adjusted returns by opportunistically employing a wide range of

event driven, fixed income, energy and quantitative investment strategies. Magnetar invests across the

capital structure in both public and private transactions utilizing both fundamental and quantitative

analysis. Founded in 2005 and run by three managing partners - Alec Litowitz, Ross Laser and Dave

Snyderman - Magnetar is an SEC registered investment adviser. Headquartered in Evanston, Illinois,

Magnetar and its affiliates employ a team of approximately 260 professionals and maintain three

substantial satellite offices in London, New York and Minneapolis.

Joshua S. Friedman

Co-Founder, Co-Chairman and Co-Chief Executive Officer

Canyon Partners, LLC

Joshua S. Friedman is Co-Founder, Co-Chairman and Co-Chief Executive Officer of Canyon Partners,

LLC, a leading global alternative asset management firm headquartered in Los Angeles, California.

Canyon specializes in value-oriented investments for endowments, foundations, pension funds, sovereign

wealth funds and other institutional investors. Its investment strategies focus on distressed loans,

corporate bonds, convertible bonds, securitized assets, direct investments, real estate, arbitrage, and value

equities. Canyon Partners’ flagship fund, the Canyon Value Realization Fund, twice received

Institutional Investor’s “Credit-Focused Hedge Fund Manager of the Year” Award. Additionally, the

Canyon Structured Asset Fund received Institutional Investor’s “Hybrid Hedge Fund of the Year” Award.

Mr. Friedman is a graduate of Harvard College (1976) (B.A., summa cum laude, Phi Beta Kappa,

Physics), Oxford University (1978) (M.A., honors, Politics and Economics, Marshall Scholar), Harvard

Law School (1982) (J.D., magna cum laude) and Harvard Business School (1980) (M.B.A., Baker

Scholar). Prior to forming Canyon, Mr. Friedman was Director of Capital Markets for High Yield and

Private Placements at Drexel Burnham Lambert. Prior to working at Drexel, he worked in the Mergers

and Acquisitions Department of Goldman Sachs in New York.

In 2014, Mr. Friedman received Institutional Investor’s “Lifetime Achievement” Award. Mr. Friedman is

a member of the board of directors of Harvard Management Company. He is also a member of Harvard’s

Committee on University Resources; the Harvard Law School Leadership Council; the Harvard Business

School Board of Dean’s Advisors; and Harvard University Task Force on Science and Engineering. Mr.

Friedman also serves as a Trustee for the California Institute of Technology (Caltech); the Los Angeles

Philharmonic; the UCLA Hospital Department of Neurosurgery; and the Los Angeles County Museum of

Art (LACMA). Mr. Friedman serves on the Investment Committees for the Broad Foundation and the J.

Paul Getty Trust and chairs the Caltech and LACMA Investment Committees.

Mr. Friedman and his wife, Beth, live in Los Angeles and have three sons.

Keith Meister

Managing Partner and Chief Investment Officer

Corvex Management LP

Keith Meister is Managing Partner and Chief Investment Officer of Corvex Management LP, which he

founded in December 2010. Prior to founding Corvex, Mr. Meister served as Chief Executive Officer and

then Principal Executive Officer and Vice Chairman of the Board of Icahn Enterprises from August 2003

to August 2010. From their launch in November 2004 to August 2010, Mr. Meister also served as Senior

Managing Director of the General Partners of Icahn Partners LP and affiliated funds. Mr. Meister has

previously served as a director on numerous boards including: Yum! Brands, Inc., The Williams

Companies, The ADT Corporation, Ralcorp Holdings and Motorola, Inc./Motorola Mobility, Inc. among

others. He is also a member of the board for The Harlem Children’s Zone. Mr. Meister received an A.B.

in government, cum laude, from Harvard College in 1995.

Miguel Fidalgo

Founder & Portfolio Manager

Triarii Capital Management

Miguel Fidalgo is the Founder and Portfolio Manager of Triarii Capital Management. Triarii Capital

employs an opportunistic, value-oriented special situations strategy across the capital structure.

Prior to founding Triarii Capital in 2015, Mr. Fidalgo was a Managing Director at The Baupost Group,

LLC, where he worked for seven years. While at Baupost, Mr. Fidalgo spearheaded the Firm’s

investments in the Icelandic banks, SwissAir, Greece, and Argentina, amongst others.

From 2004 through 2008, Mr. Fidalgo was an Investment Professional at Farallon Capital Management,

LLC and its affiliate Noonday Asset Management, L.P. Prior to Farallon/Noonday, Mr. Fidalgo worked at

Salomon Smith Barney/Citigroup as an Investment Banking Analyst in the Financial Institutions Group

from 2002 through 2004.

Mr. Fidalgo received a B.A. in Economics and Computer Science from Macalester College.

Neil A. Chriss

Founder and Chief Investment Officer

Hutchin Hill Capital

As Founder and Chief Investment Officer of Hutchin Hill Capital, Mr. Chriss oversees portfolio managers

and individual strategy selection, directs capital allocation, is responsible for risk management and

oversees the growth of the business and infrastructure. Prior to founding Hutchin Hill in October 2007,

Mr. Chriss was a Managing Director at SAC Capital Management (2003-2007), where he established and

headed the Firm’s quantitative strategies division and established and ran the SAC MultiQuant Fund. In

2000, Mr. Chriss founded and became President of ICor Brokerage Inc., a global electronic trading

platform acquired by Reuters Plc in 2004. At ICor, Mr. Chriss hired the CEO and the technology and

sales team and was in charge of the company’s operations. Prior to 2000, Mr. Chriss was a portfolio

manager and vice president at Goldman Sachs Asset Management (1998-1999), where he developed and

managed a global volatility trading strategy. Mr. Chriss started his career in finance in the Institutional

Equities Division at Morgan Stanley (1996-1998), where he developed one of the first quantitative

models for algorithmic trading and published it in the paper he co-authored “Optimal Execution of

Portfolio Transactions”, which is now one of the standard industry models for algorithmic trading. He is

also the author of Black-Scholes and Beyond: Option Pricing Models, a best-selling text on derivatives.

Mr. Chriss holds PhD and BS with honors degrees in mathematics from the University of Chicago, and an

MS in mathematics from the California Institute of Technology. He has held post-doctoral and junior

faculty positions in the mathematics departments of Harvard University, the Institute for Advanced Study,

and the University of Toronto. Mr. Chriss serves on the Board of Trustees of the Institute for Advanced

Study (2011-present) and has been a member of its Investment Committee since 2008. Mr. Chriss is also

a founding board member and a member of the Executive Committee of Math for America (2004-present)

and was previously a Trustee of Harvey Mudd College.

Philippe Jordan

President, CFM International

Capital Fund Management

Philippe is President of CFM International, serves on the Board of Directors of CFM S.A and manages

Investor Relations at the firm. He has an extensive background in the alternatives space, having worked

for a variety of global financial institutions including Credit Suisse, Daiwa and Oppenheimer. He has

deep knowledge and understanding of the investment community developed through his time at CFM and

the variety of senior roles he has held, including capital markets hedge fund coverage, FoF management

and hedge fund incubation. He joined CFM in 2005.

Philippe Khuong-Huu

Managing Director and Chief Investment Officer (International Fund and Global Rates Fund)

Alphadyne Asset Management LP

Mr. Khuong-Huu, together with his partner Bart Broadman, sets the strategic direction of Alphadyne, and

also as Chief Investment Officer, oversees the firm’s investment decision-making. In addition, he is Chief

Investment Officer of both the Alphadyne International Fund and the Alphadyne Global Rates Fund, and

a member of the firm’s Risk Committee. Prior to forming Alphadyne in 2005, Mr. Khuong-Huu was a

partner at Goldman, Sachs & Co. where he served as head of the firm’s structured credit group and,

immediately prior, as head of the global interest rate products group. Mr. Khuong-Huu was also a

member of the risk committee covering fixed income, currencies and commodities. Prior to joining

Goldman Sachs, Mr. Khuong-Huu spent ten years at J.P. Morgan where he held various senior

management positions within fixed income, equity and credit markets, including as global head of

options, exotics and credit derivatives trading (1996-2000), co-head of European swaps (1995-1996),

head of U.S. interest rate options (1993-1995) and head of equity derivatives trading in Tokyo (1991-

1993). Mr. Khuong-Huu was also a member of Lab Morgan (2000-2001), where he invested in

derivatives market platforms including Swapswire and Creditex. Mr. Khuong-Huu began his career at

Société Générale in Paris where he was a market-maker in options and then became head of equity

derivatives in Tokyo, where he focused on option and index arbitrage (1988-1991). Mr. Khuong-Huu

graduated from École Polytechnique and received his Masters in Statistics and Economics from ENSAE.

He currently chairs the board of “Friends of École Polytechnique" and also serves as a member of FAOU

Foundation’s board of directors. Additionally, Mr. Khuong-Huu serves on the Advisory Board of Thalēs

Trading Solutions LLC.

Qing Li

Chief Executive Officer

Sciencast Management LP

Sciencast Management specializes in the quantitative equity statistical arbitrage space. The firm employs

multiple statistical arbitrage strategies, with holding periods ranging from minutes to a few weeks. The

firm’s strategies are completely systematic in nature and offer diversification benefits across the statistical

arbitrage landscape. Prior to founding Sciencast Management, Qing worked as a portfolio manager at

SAC, specializing in statistical arbitrage and high frequency trading. Before working at SAC from 2009

to February 2014, Qing was a senior quantitative researcher at Tykhe Capital LLC from 2005 to 2009,

helping to manage statistical arbitrage portfolios in global equity markets. Before Tykhe Capital, Qing

also worked at Fortress Investment Group for one year, and started his career at Lehman Brothers on the

equity proprietary trading desk from 2002 to 2004. Qing holds a Ph.D. in Finance from Columbia

University and a B.S. in Mathematics from Beijing University. Qing is also a Chartered Financial Analyst

(CFA).

Randall A. Yuen

Chief Investment Officer

Jafra Capital Management LP

Randall “Randy” A. Yuen has more than 20 years of experience in financial markets and more than 15

years as a portfolio manager. Most recently, Mr. Yuen was a portfolio manager at Soros Fund

Management LLC (“Soros”), a family office with a peak AUM of approximately $27.5 billion in 2011,

where he managed a global, diversified portfolio from 2010 through 2014 with a peak AUM of

approximately $700 million in November 2014. Previously, he was a portfolio manager at Duquesne

Capital Management LLC (“Duquesne”) from 2000 through 2008, an alternative investment manager

with a peak AUM of approximately $10.5 billion in 2010. From 1997 through 2000, Mr. Yuen held

positions at Salomon Brothers Asset Management Inc (“Salomon Brothers”), including as a co-portfolio

manager for the Salomon Brothers Fund. From 1992 through 1997 he held positions at Oppenheimer &

Co. Inc. (“Oppenheimer”) and Hambrecht & Quist Capital Management LLC (acquired by Oppenheimer

in 1994) as a senior research analyst. Mr. Yuen’s career as an investor spans global markets and several

major industry sectors, including technology, media, telecommunications, consumer, healthcare,

financials, and industrials. He graduated in 1991 from the University of California at Davis with a B.A. in

Economics. Mr. Yuen serves as President of the Board of Trustees of the Brooklyn Waldorf School, a

position he has held since 2008. He resides with his family in New York City.

Robert Kim

Chief Investment Officer—AB Arya Partners Group

AllianceBernstein L.P.

Robert Kim joined AB in 2016 as a founding member and Chief Investment Officer of the AB Arya

Partners Group. Previously, he served as director of research at Visium Asset Management, and ran the

fundamental equity long/short team for Royal Bank of Canada. Before that, Kim was a portfolio manager

at SAC Capital Advisors, Soros Fund Management, GLG Partners and Millennium Partners. During his

career, he also founded Cydonia Capital and was a senior analyst at Moore Capital Management. Kim

holds a BS in chemistry from The Georgia Institute of Technology. Location: New York

Robert Pohly

Portfolio Manager

Samlyn Capital

Rob is the portfolio manager at Samlyn Capital. Prior to joining Samlyn, Rob was a portfolio manager at

Sigma Capital Management from 2001 to 2006. Rob was a portfolio manager at Credit Suisse First

Boston in its proprietary investing group from 2000 to 2001. Previously, rob served as a financial services

analyst at Tiger Management from 1997 to 2000. Prior to joining Tiger, Rob was an analyst in Goldman

Sachs' equity capital markets group from 1996 to 1997 and an investment banking analyst in Goldman

Sachs' financial institutions group from 1994 to 1996. Rob received an A.B. from Yale University.

Samantha Greenberg

Founder & Portfolio Manager

Margate Capital Management

Samantha founded Margate Capital in 2016. Her investing expertise focuses on companies in the media,

technology, communications and consumer industries. Prior to Margate Capital, Samantha was a Partner

and Media/Consumer sector head at Paulson & Co. Inc., where she generated and managed event-driven

equity investments across Consumer and Media sectors. While at Paulson & Co. Inc., Samantha was

responsible for several of the firm's event-driven equity investments, including Cablevision, Family

Dollar, Time Warner Cable, Sara Lee / Hillshire Brands, WhiteWave, AMC Networks and Comcast.

Prior to Paulson & Co. Inc., Samantha was a Vice President in Special Situations Group of Goldman

Sachs, one of Goldman Sachs’ largest proprietary investing businesses. Samantha joined Goldman

Sachs’ Special Situations Group from Chilton Investment Company, where she was a long/short equity

analyst focusing on media, technology, communications and consumer sectors. Samantha began her

career as an investment banking analyst at Goldman Sachs’ Mergers & Acquisitions investment banking

group, and also worked as a private equity associate at Francisco Partners. Samantha has been named to

the Hedge Fund Journal / Ernst & Young’s “50 Leading Women in Hedge Funds”, and was named a 2016

“Rising Star in Hedge Funds” by Institutional Investor. Samantha received her M.B.A. from Stanford

University's Graduate School of Business, and graduated summa cum laude from the Wharton School at

the University of Pennsylvania with a B.S. in Economics and dual concentration in Finance and Strategic

Management.

Stephen Siderow

Co-President

BlueMountain Capital Management LLC

Stephen Siderow is Co-President of BlueMountain Capital Management. He oversees the Firm’s business

development and strategic initiatives. Mr. Siderow is also a member of the Firm’s Management,

Compliance and Risk Committees. Prior to co-founding BlueMountain in 2003, Mr. Siderow was a

Senior Consultant with McKinsey & Company and a Corporate Attorney with Cleary, Gottlieb in New

York. Mr. Siderow serves as Vice Chairman of the Birthright Israel Foundation, a program that provides

the gift of first-time peer education trips to Israel for young Jewish adults. Mr. Siderow serves on the

Board of Directors of Ars Nova, which provides training and development programs to young performing

artists. Mr. Siderow is also a member of the Advisory Board of the Hertzberg Palliative Care Institute at

Mt. Sinai Hospital whose mission is to advance the field of palliative medicine through clinical,

educational and research initiatives. Mr. Siderow holds a J.D. cum laude from Harvard Law School and

Bachelor’s degree, magna cum laude, in Philosophy from Amherst College. Mr. Siderow was also a

Fulbright and a Sheldon Scholar in Israel.

BlueMountain Capital Management is a global alternatives asset manager with offices in New York and

London. The firm manages over $20 billion in assets across co-mingled hedge funds and private capital

vehicles, customized single-investor funds and CLOs. Today, approximately 250 global professionals

operate in a culture of collaboration, transparency and intellectual integrity, striving every day to innovate

and strengthen our capabilities.

BlueMountain was founded in 2003 on the belief that markets persistently exhibit artificial segmentation

as a result of organizational and regulatory constraints, agency problems, and behavioral biases.

BlueMountain’s capabilities, processes, incentives and culture are designed to capture the investment

opportunities created by these persistent structural inefficiencies. Keeping with our foundational belief in

the importance of an interdisciplinary approach, we integrate a diverse array of investment strategies,

including Relative Value Credit, Distressed & Special Situations, Long/Short Equity, Structured Credit,

Volatility, Asset Backed Finance, and Real Estate, amongst others.

Tom Kier

Portfolio Manager

Delonix Capital Management LP

Delonix Capital is an opportunistic, fundamentally driven, cross-capital structure, value hedge fund

management firm founded by Tom Kier. Prior to establishing the Firm in December 2015, Tom was a

Principal at The Baupost Group, which he joined in 2008. At Baupost, Tom was involved in investments

across all asset classes, including equities, distressed debt, structured credit, private investments, and

activist and litigation situations. In addition, Tom was appointed to Baupost's Portfolio Risk committee in

2010, where for the next five years he was directly involved in the firm's portfolio hedging activities.

Prior to joining Baupost, Tom worked at Goldman Sachs from 2005 to 2007 as part of the Multi-Strategy

Investment team in the Special Situations Group, investing in both long and short positions across all

asset classes. Delonix launched its Fund in October 2016.

Vikas Lunia

Founder and CIO

Lunia Capital LP

Vikas Lunia is the Founder and CIO of Lunia Capital LP which he and his partners formed in late 2016.

The firm manages a global low-net long-short equity fund, as well as a $100-$200mm separately

managed account for a large investor that aims to mirror the Fund. Lunia Capital is focused on generating

consistent absolute returns with limited correlation to overall stock market performance, while preserving

investor capital. Lunia Capital’s approach is marked by 3 distinctive characteristics: (1) Relative

Mindset: Identifying companies that should out- or under-perform other companies that share similar

drivers, and structuring investments to capitalize on these insights. (2) Concentrated Predictability:

Focusing on businesses and industries with recurring elements that lend themselves to Lunia Capital’s

repeatable analytic process, enabling better forecasting of future performance while minimizing exposure

to the markets and other macro drivers. (3) Public Market Context: Methodically analyzing market

expectations and preferences to better predict how different fundamental outcomes will translate into

stock prices. Lunia Capital primarily focuses on equities in the U.S., Canada, and Western Europe,

emphasizing mid-/large-capitalization companies with recurring elements, such as those in industries and

sectors like Business & IT Services, Software, Internet, and Consumer.

Mr. Lunia’s extensive career in business and investing has spanned over 22 years. Prior to starting Lunia

Capital, Mr. Lunia spent over 13 years at Carlson Capital, where he was a Partner and served on the

firm’s Investment Committee. Mr. Lunia managed the same equity long-short portfolio for his entire

career at Carlson.

Prior to Carlson, Mr. Lunia worked at Bain Capital, a leading private equity firm based in Boston, where

he focused on investments including leveraged buyouts, venture capital, and restructurings for the firm’s

core North American private equity fund. Using a unique blend of strategic insight and extensive

research, Mr. Lunia evaluated and completed transactions in a number of industries.

Mr. Lunia began his career as a consultant for Bain & Company, a leading global strategy consulting

firm, at its Dallas, Sydney, and San Francisco offices. Mr. Lunia helped advise senior management teams

of large enterprises in over 15 industries on projects that included developing growth strategies,

optimizing portfolios of businesses, and assessing merger & acquisition opportunities.

Mr. Lunia earned an MBA from the Wharton School at the University of Pennsylvania. He holds a BA in

Political Science and Psychology from Williams College.

William C. Martin

Chairman & Chief Investment Officer

Raging Capital Management, LLC

William C. Martin is the Chairman and Chief Investment Officer of Raging Capital Management, LLC, a

long/short fund manager he founded in 2006 which is based in Rocky Hill, NJ. He is also a significant

shareholder of InsiderScore, LLC (www.insiderscore.com), which he co-founded in 2004. InsiderScore is

a provider of proprietary investment research tools for institutional investors. Mr. Martin launched his

career in 1997 as the founding partner and Chief Executive Officer of Raging Bull, Inc., a consumer

focused online investment site that attracted more than $20 million in venture financing from CMGI and

C|NET Networks. Raging Bull then became one of the largest online financial destinations before it was

sold in 2000. Subsequently, Mr. Martin has invested in and/or advised a number of Internet and FinTech

companies, including CallStreet, acquired by FactSet Research Systems (NYSE: FDS); FolderShare,

acquired by Microsoft (NASDAQ: MSFT); Gerson Lehrman Group; Majestic Research, acquired by

Investment Technology Group (NYSE: ITG); and Lux Research. Mr. Martin has also served on five

public company boards, including Bankrate, Inc. (NASDAQ: RATE), acquired by Apax Partners for $570

million in 2009; Salary.com, Inc., acquired by Kenexa (NASDAQ: KNXA) for $80 million in 2010;

Vitesse Semiconductor Corp., acquired by Microsemi Corporation (NASDAQ: MSCC) for $389 million

in 2015; SMG Indium Resources Ltd. from January 2010 until December 2015; and Gulfmark Offshore,

Inc. (NYSE: GLFMQ) from December 2015 until March 2017.

William J. Michaelcheck

Partner, Chairman and Chief Investment Officer

Mariner Investment Group, LLC

Mr. Michaelcheck, Chairman and CIO, founded Mariner Investment Group, LLC in 1992. Formerly, he

was Executive Vice President of the Bear Stearns and Company where he was head of trading and risk

and a member of the firm’s Executive and Management Committees. Earlier in his career, he served as a

Senior Investment Officer at the International Bank for Reconstruction and Development (World Bank).

He is a former member of the Board of Directors of the Chicago Mercantile Exchange and of the Treasury

Borrowing Advisory Committee of the Public Securities Association. Mr. Michaelcheck is a native of

Tiptonville, Tennessee, and a graduate of Rhodes College in Memphis. He earned his Master’s degree

from the Harvard Business School. He is past Chairman of the Board of Trustees for Rhodes College.