
Anchorage Capital Group, L.L.C. (“Anchorage”) is a New York-based registered investment adviser founded in 2003 by Kevin Ulrich and Tony Davis. As of August 31, 2011, Anchorage manages in excess of $10 billion, investing in a wide range of assets across the credit spectrum and throughout a company’s capital structure, including performing corporate bank loans and bonds, credit derivatives, defaulted debt and restructured equity. The flagship Anchorage Capital Partners funds are corporate credit-focused funds that invest on a long and short basis primarily in North America and Europe, with a particular emphasis on distressed investments and special situations. The firm also manages other strategies focused on short credit and illiquid credit opportunities. Anchorage has over 100 employees with offices in New York and London.

AQR Capital Management, LLC is an investment management firm based in Greenwich, Connecticut. AQR employs a disciplined multi-asset, global research process and as of March 31, 2011, had approximately $36 billion in assets under management. AQR's investment strategies are provided through a limited set of collective investment vehicles and separate accounts that deploy all or a subset of AQR's investment strategies. These investment products span from market-neutral hedge funds to benchmark-driven traditional products.

BlackRock is a provider of asset management, risk management, and advisory services to institutional, intermediary, and individual clients worldwide. As of December 31, 2010, the firm manages US$3.56 trillion across asset classes in separate accounts, mutual funds, other pooled investment vehicles, and the iShares® exchange-traded funds. Through BlackRock Solutions®, the firm offers risk management and advisory services that combine capital markets expertise with proprietarily-developed analytics, systems and technology. BlackRock Solutions currently provides risk management and enterprise investment services for $9.5 trillion in assets. BlackRock serves clients in North and South America, Europe, Asia, Australia, Africa, and the Middle East. Headquartered in New York, the firm maintains offices in 24 countries around the world.

BlueGold Capital Management LLP is an asset management firm that invests in global commodity markets with an emphasis in the energy sector. The investment strategy, which is fundamental and discretionary, targets opportunities with an asymmetric payoff profile. The aim of the fund is to generate absolute returns through both directional and relative value trading.

BlueMountain Capital Management LLC is an asset management firm focused on the global credit, credit derivative and equity derivative markets. Founded in 2003 by Andrew Feldstein and Stephen Siderow, BlueMountain employs 115 professionals across its offices in New York and London. The firm invests across multiple types of instruments, integrating fundamental, quantitative and technical expertise. Its investment process is characterized by a strong emphasis on risk management and an institutional infrastructure. It generally employs a long /short approach, striving to maintain low net directionality to the markets and to minimize downside risk. As of October 1, 2011, BlueMountain had US$7 billion in assets under management.

The Brevan Howard group of affiliated entities ("Brevan Howard") is an investment management group trading predominantly in global fixed income and FX markets. Brevan Howard employs over 330 personnel across its offices in London, Geneva, Jersey, Tel Aviv, Hong Kong, Washington, São Paulo, and Dublin and manages assets in excess of US$32 billion (as at 31 March 2011).

As of March 31, 2011, Bridgewater manages $94 billion in global investments for a wide array of institutional clients, including foreign governments and central banks, corporate and public pension funds, university endowments and charitable foundations. Approximately 1,200 people work at Bridgewater, which is based in Westport, Connecticut.

Capital Fund Management is a quantitative investment manager based in Paris, France with offices in New York and Tokyo. CFM analyzes price and fundamental data to isolate statistically significant signatures, and designs proprietary trading algorithms that are implemented via a proprietary straight through-processing network. CFM has 34 researchers mostly physics PhD's, and 45 IT engineers out of a total headcount of 105 people.

Cevian Capital is a private investment firm acquiring significant ownership positions in European public companies where long term value can be enhanced through active ownership. Cevian generally invests in companies overlooked or misunderstood by the market and in many instances out of favor with investors. Cevian targets investments where there is a meaningful opportunity to enhance the long term value by improving corporate governance, operational performance, corporate strategy and structure. Cevian has approximately €3.5 billion in assets under management.

Founded in 2005, COMAC Capital LLP is an alternative investment management firm that employs discretionary, directional global macro strategies across liquid markets, concentrating on fixed income and foreign exchange. COMAC Capital LLP is based in London, UK and is authorized and regulated by the FSA.
Vancouver-based Connor, Clark & Lunn Investment Management (CCL) was established in 1982 and has grown to be one of Canada’s largest independent partner-owned money management firms. The firm is dedicated to managing investment portfolios for pension fund sponsors, capital accumulation plans, corporations, not-for-profit organizations, First Nations groups, mutual funds and individual investors. CCL combines its own Canadian and US equity capabilities with the international equity expertise of Arrowstreet Capital L.P., of Cambridge, M.A. Connor, Clark & Lunn has a long-standing relationship with Arrowstreet Capital through their shared investment in Connor, Clark & Lunn Arrowstreet Capital.

Founded in 1856, Credit Suisse Group AG is a world-leading financial services company active in over 50 countries and employing approximately 50,100 people as of December 31, 2010. Credit Suisse Asset Management is a global leader in Alternative investing, leveraging the power of the Firm's global franchise to partner with clients and deliver innovative investment products and solutions worldwide. As of December 31, 2010, Credit Suisse Asset Management had USD 454 billion in assets under management.

Founded in 1977, Elliott is a New York-based investment firm with offices in London, Hong Kong, and Tokyo. Elliott’s multi-strategy funds opportunistically invest in a variety of strategies including distressed situations, performing debt, equity oriented investments, event-driven situations, structured products, commodities, fixed income arbitrage, related securities arbitrage, and portfolio protection. The firm employs approximately 250 people worldwide, nearly half of whom are dedicated to portfolio management, risk management, trading, and research. As of March 2011, Elliott manages US$17 billion.

ESL Investments, Inc., is an investment firm based in Greenwich, Connecticut. ESL's investment portfolio has typically consisted of a select group of long-term equity investments, including large ownership interests in publicly traded companies. While this has been the focus of ESL's approach since its formation in 1988, ESL has the ability to invest in all types of investments, including special situation investments and risk arbitrage transactions.

Fermat Capital Management, LLC is a specialty investment management firm founded in Westport, Connecticut in 2001. With over US$2 billion in assets under management as of 30 June 2011, Fermat Capital manages institutional portfolios of Insurance-Linked Securities (ILS) with a particular emphasis on catastrophe bonds. As a complementary overlay to its long only, fundamental value approach to investing, the firm develops and employs an active trading strategy supported by proprietary systems that adapt and consolidate traditional insurance industry risk estimation models for the continuous-time trading of ILS.

Fortress Investment Group ("Fortress") is a leading global alternative asset manager with approximately $44.6 billion of assets under management as of December 31, 2010. The firm was founded in 1998 and offers a range of alternative and traditional investment strategies for institutional and private investors globally. Fortress manages credit, private equity, macro, commodities and traditional fixed income investment businesses. The firm became publicly-listed in 2007 and presently employs approximately 900 people in 11 offices world-wide.

Ionic Capital Management LLC (“Ionic”) is an alternative asset management firm that employs a global option-based relative value investment strategy across asset classes. Ionic focuses on non-correlated investment strategies that are typically positive convexity and long volatility. Founded in 2006, Ionic is based in New York City with an office in San Francisco.

Janchor Partners Management Limited (“Janchor”) is an investment management firm focused on the Pan-Asian region. Janchor takes a multi-year approach to investing in companies that have superior business models, favorable growth prospects and the potential to take advantage of long-term positive structural trends in Asia. Janchor's concentrated portfolio of both long and short investments is founded on rigorous, bottom-up research and maintains a long-term time horizon that matches its long duration capital base. Janchor was founded in 2009 with an office in Hong Kong.

The Louis Dreyfus Group was founded in 1851 and is today one of the leading worldwide commodity traders, engaged primarily in production, origination, processing, handling, merchandising, trading, distribution of a diverse range of natural resources and agriculture related products. It is present in 53 countries and employs over 34,000 people. Louis Dreyfus Investment Group (Commodities) was formed in 2008 to develop and manage alternative investment products for a wide range of clients. It is currently managing over $2 billion in assets (as at 1st April 2011) from offices in Switzerland, USA and Singapore.
Nephila Capital Ltd is an asset management firm dedicated to investing in natural catastrophe reinsurance through insurance-linked securities (“ILS”). The firm’s investment platform provides a range of commingled investment vehicles and tailored managed accounts able to meet various risk/return profiles by investing long and short across all sectors of the ILS industry: catastrophe bonds, industry loss warranties, reinsurance and retrocession.

Penta Investment Advisers Limited ("Penta") is a pan Asian investment firm founded in 1998. With research staff in Korea and China, the investment methodology relies heavily on analysis of financial statements, industry publications, company visits and proprietary research. Penta’s investment strategy is focused on rigorous valuation assessments of securities in Asia, combined with an ability to at times play a constructive, active role in unlocking value in its portfolio companies through the implementation of financial, business, management and governance strategies.

Pershing Square Capital Management, L.P. (“Pershing Square”) is a concentrated research-intensive fundamental value investor in the public markets. Pershing Square’s investment objective is to preserve capital and seek maximum long-term capital appreciation commensurate with reasonable risk. In its value approach to investing, Pershing Square seeks to identify and invest in long and short investment opportunities that it believes exhibit significant valuation discrepancies between current trading prices and intrinsic business (or net asset) value, often with a catalyst for value recognition. In certain situations, if Pershing Square believes the commitment of time, energy, and capital is justified, it may seek to be a catalyst to realize value from an investment by seeking to effectuate corporate change. Pershing Square was founded in 2003 and is based in New York City.

PIMCO is a leading asset manager specializing in global investments solutions. The firm was founded in 1971 and has more than $1.2 trillion in assets under management. PIMCO is headquartered in California and has operations around the globe. They manage assets for a wide range of clients, from personal investors to central banks and multinational corporations. PIMCO Canada was launched in 2004 and is headquartered in Toronto.

Relational Investors LLC is a privately owned registered investment adviser and asset management firm, serving some of the largest pension funds and institutional investors in the world. The Firm focuses in the large and mid cap space, investing in U.S. and Canadian publicly-traded, underperforming companies. Relational develops a specific plan and constructively engages the management and board of directors of each portfolio company in a productive dialogue. The plan is designed to remedy the issues causing the underperformance, ultimately resulting in improved shareholder value. Relational manages approximately $6 billion and is based in San Diego, California.

Treesdale Partners, LLC is a New York based specialized asset management firm which manages a variety of fixed income alternative investment products on behalf of a wide array of institutional and individual clients. Founded in 2002, Treesdale has fixed income experience in risk/asset management, institutional sales and trading, and quantitative modeling.

Two Sigma Investments, LLC (together with its affiliates, including Two Sigma Advisers, LLC, “Two Sigma”) is a process-driven, systematic investment manager. Two Sigma leverages vast amounts of information, powerful technology and human skill, including deep financial markets expertise, to seek to generate robust alpha with controlled volatility and minimal liquidity risk. Founded in 2001 by co-chairmen John Overdeck and David Siegel, Two Sigma has a staff of more than 350 employees, nearly two-thirds of whom are involved with research and development.
Two Sigma manages approximately $7.0 billion of assets across a range of products that employ equity market neutral, managed futures, FX, interest rate, commodity, derivative, 130/30 equity and long-only equity strategies. Two Sigma is headquartered in New York City with additional offices in Houston, TX and London, UK.

ValueAct Capital is a concentrated value-investment firm with offices in San Francisco and Boston. ValueAct Capital establishes substantial ownership positions in companies it believes to be fundamentally undervalued, and then works with company's management and board of directors to implement business strategies that enhance shareholder value and create a return independent of the market. ValueAct Capital was established in 2000.

The Wolverine family of companies is a diversified group of affiliated financial services entities that primarily engage in asset management, derivatives trading, order routing and technology/software development. Wolverine was founded in 1994 and has since grown to employ over 300 people with headquarters located in Chicago and offices in San Francisco, NY and London. Wolverine makes significant investments in the technology and infrastructure required to trade derivative securities across a number of exchanges worldwide. Wolverine Asset Management combines this world-class execution technology with quantitative modeling, research, risk management and trading expertise to seek attractive risk-adjusted returns for its investors.
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