E. A. Kratzman

Mr. Kratzman joined Katonah in May, 2005.
Previously he had been at Rabobank International in New York where he was the Head of CLO Management.
Prior to that he was employed at First Union's Institutional Debt Management Group (IDM), where as Head of Portfolio Management and one of three co-founders, he was responsible for the development and execution of portfolio investment strategies as well as the management of portfolio management personnel.
He has over 9 years experience in CDOs/CLOs across 17 funds totaling in excess of $5 billion.
Prior to IDM, Mr. Kratzman was with Societe Generale, New York Branch where he had, among other responsibilities, the senior credit signature for all real estate and leveraged finance transactions.
Prior to joining Societe Generale in 1997, he was co-Head of the Asset Recovery Group at Deutsche Morgan Grenfell in New York.
From 1985 to 1996, he was employed by Westpac Banking Corporation, both in New York and London, where he held numerous positions, including founding and managing its Southeast Corporate Banking Group and Real Estate Finance Group, and managing the Workout Division.
From 1993 to 1997, he was Senior Vice President and Chief Credit Officer for the Americas Division.
He has over 30 years of leveraged finance experience, including extensive workout experience.
He successfully completed the Citibank Credit Training Program.
Mr. Kratzman holds a BA from Hobart College and an MBA in finance from Rutgers University, and is a graduate of the Executive Management Program at J.L.
Kellogg Graduate School of Management.