Daniel A. Theriault

JAL's investment philosophy emphasizes preservation of capital, control of volatility and bottom-up security selection. Most of their research originates in-house. Specialists in long, short, event-driven and distressed debt research collaborate in evaluating companies. Their portfolio managers are active participants in the research process. JAL considers their trading team crucial to the research process. The offices of their investment professionals are organized around a central trading desk, so that all of the managers and analysts professionals can remain in continuous contact with the traders.

JAL's investment philosophy emphasizes preservation of capital, control of volatility and bottom-up security selection. Most of their research originates in-house. Specialists in long, short, event-driven and distressed debt research collaborate in evaluating companies. Their portfolio managers are active participants in the research process. JAL considers their trading team crucial to the research process. The offices of their investment professionals are organized around a central trading desk, so that all of the managers and analysts professionals can remain in continuous contact with the traders.

FMC seeks to deliver long-term value through an investment approach aligned with clients' goals and driven by in-house, proprietary research.

Fox-Pitt, Kelton Securities, a subsidiary of Fox-Pitt, Kelton Ltd., is a broker/dealer headquartered in New York City with additional offices in Boston and Hartford, Connecticut. Founded in 1971, the firm offers a full array of investment services, specializing specifically in the global financial services industry focusing on the insurance, banking and related sectors. Their fundamental, company-specific research is supported by a rigorous approach to valuation. They are a member of the NASD.