Ryan Carlos Kelley

Hennessy Advisors, Inc. (Investment Management) (Hennessy-IM) is the investment management division of Hennessy Advisors, Inc. (NASDAQ: HNNA), a publicly traded firm headquartered in Novato, California. The firm was founded by Neil J. Hennessy in 1989. Hennessy-IM provides investment advisory services to no-load mutual funds, as well as high-net worth investors primarily located in the US. The firm oversees, services, and markets the family of Hennessy Funds.

Founded in 1996, FBR Fund Advisers, Inc. is a registered investment advisor located in Arlington, Virginia. They are a subsidiary of FBR Capital Markets Corp. (NasdaqGS: FBCM). The firm is the distributor of the following funds: the Pegasus Fund (FBRPX), the Pegasus Mid Cap Fund (FRRMX), the Pegasus Small Cap Fund (FBRYX), the Pegasus Small Cap Growth Fund (FBRCX), the Focus Fund (FBRVX), the Large Cap Financial Fund (FBRFX), the Small Cap Financial Fund (FBRSX), the Technology Fund (FBRTX) and the Gas Utility Index Fund (GASFX).