September 13, 2016 |THE PIERRE HOTEL| NEW YORK CITY

AssetPROFILES Manager Profiles

Disclaimer This guide is for informational purposes only and is not and should not be construed as an offer to sell or a solicitation to buy securities. There can be no assurance that any of the funds enclosed objectives can be achieved or that they will not incur losses. Past performance is not indicative of future results, including future volatility and correlation to other types of investments. The returns of individual investors may vary because of timing of the investment and differences in management and incentive fees, if applicable. The information contained herein is intended solely for use by the recipient hereof and is not to be reproduced or distributed to other parties.

II and CNBC are not making any recommendation, express or implied, as to an investment with, and are not acting as agent, promoter, underwriter, or placement agent for, any manager.

Any information contained in these materials regarding a manager has been prepared by the manager, and the manager is solely responsible for the completeness and accuracy of that information. II has not verified and is not liable for the completeness or accuracy of information contained in these materials.

Assets Under Management (“AUM”) are unaudited and may be estimated. This presentation is confidential and may not be reproduced, distributed or used by any person without expressed written consent

Anchorage Capital Group, L.L.C. AUM: $15.6 billion FUND NAME: Anchorage Capital Partners INCEPTION DATE: 2003 STRATEGY: Anchorage Capital Group, L.L.C. (“Anchorage” or the “Firm”) focuses on a range of assets across the credit spectrum and throughout a company’s capital structure, including performing bank loans and bonds, credit derivatives, defaulted debt, and restructured equity. FIRM OVERVIEW: Anchorage is a registered investment adviser founded in 2003. As of June 30, 2016, Anchorage managed approximately $15.6 billion. As of July 1, 2016, the Firm has 173 employees, 69 of whom are dedicated investment professionals, 104 of whom are infrastructure professionals. Anchorage is headquartered in New York with additional affiliate offices in London, Sydney, and Luxembourg. INVESTMENT STRATEGY: Anchorage’s credit-oriented product platform primarily consists of three fund families: the flagship Anchorage Capital Partners Funds, the Anchorage Short Credit Funds, and the Anchorage Illiquid Opportunities Funds. CONTACT: Michael Charlton [email protected] 212-432-4600

Apollo Global Management FIRM OVERVIEW: Founded in 1990, Apollo Global Management, LLC (including affiliates, “Apollo”) is led by its managing partners Leon Black, Josh Harris and Marc Rowan, and has assets under management of approximately $186.3 billion as of June 30, 2016(2). The firm has an integrated credit, private equity and real estate investing platform with significant credit expertise and the ability to execute creative and difficult transactions. Apollo employs approximately 960 people worldwide, of which 361 are investment professionals as of June 30, 2016. The managing partners have worked together for more than 25 years. The firm maintains deep industry expertise in nine core industries and is supported by strategic relationships with various former industry operating executives. The firm has offices globally and affiliates that are currently regulated in the United States by the Securities and Exchange Commission under the Investment Advisers Act, and in the United Kingdom by the Financial Conduct Authority. FUND NAME: Apollo Credit Strategies Fund

AUM: $522 million

INCEPTION DATE: February 2011

STRATEGY: Long/Short Credit

INVESTMENT STRATEGY: The Apollo Credit Strategies Fund (the “Fund”) is actively managed and focuses on event-driven and value-oriented investments in corporate and structured credit. The Fund intends to invest on a long and short basis and to opportunistically allocate across asset classes to capitalize on relative value opportunities. Investment ideas are originated from the entire Apollo platform. The Fund utilizes two core strategies, event-driven and capital structure arbitrage, to build a portfolio that is expected to have a low correlation to traditional asset classes. The Fund is dynamically repositioned based on opportunity set and asset allocation is driven by the search for what we believe to be the best risk/return with consideration to liquidity, asset coverage, time to the event, and IRR expectations. The Fund’s gross exposure is adjusted via shorting of both indices and individual names. FUND NAME: Apollo Accord Fund

AUM: Target Size of $350 - $500mm

INCEPTION DATE: Has yet to launch

STRATEGY: Dislocated Credit

INVESTMENT STRATEGY: The Accord Fund (the “Fund”) is proposed to be a hybrid of traditional long/short credit and opportunistic funds and is intended to pursue opportunities created by liquidity driven market dislocation. Using a draw-down structure, the Fund is expected to ramp its exposures during idiosyncratic or broad market sell-offs. Further, it is expected to concentrate capital into long credit positions that can be hedged to mitigate critical risk factors. Given its structure, the Fund may include limited exposure to certain less liquid investments. CONTACT: Laura Hassebroek [email protected] 917-472-4063

Arrowgrass Capital Partners AUM: $5.9bn (estimated as of August 1st 2016) FUND NAME: Arrowgrass Master Fund INCEPTION DATE: February 2008 STRATEGY: Multi-strategy FIRM OVERVIEW: Founded in February 2008, Arrowgrass is a London headquartered alternative investment manager that employs a non-siloed, multi-strategy investment process across the corporate capital structure. Arrowgrass Capital Partners LLP is FCA regulated, and both Arrowgrass Capital Partners LLP and Arrowgrass Capital Partners (US) LP (together, “Arrowgrass”) are registered with the SEC and CFTC. As of August 1, 2016, Arrowgrass had 139 employees located across its London (91) and New York (48) offices and is the investment manager to all of the Arrowgrass funds, including the flagship Arrowgrass Master Fund (the “Master Fund”). INVESTMENT STRATEGY: The Master Fund employs a catalyst-driven, multi-strategy investment process utilizing six core strategies wrapped with a macro overlay. The strategies are split between Relative Value (Convertible Arbitrage, Volatility Arbitrage and Capital Structure Arbitrage) and Event Driven (Distressed, Merger Arbitrage, Special Situations – Equity and Fixed Income) and have been specifically chosen because of the synergies they offer each other. Arrowgrass’ non-siloed structure aims to facilitate a fluid allocation of capital and resources between the strategies. In addition to conducting intensive bottom-up fundamental and technical research on its investments and identifying well-defined catalysts for the unlocking of value, Arrowgrass utilizes a top-down macro overlay in seeking to enhance asset allocation and risk management. The macro overlay is not a stand-alone strategy, but is instead used as a key input to the overall Master Fund activities. CONTACT: Emily Haight [email protected] 212-584-5933

BlackRock FIRM OVERVIEW: BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At June 30, 2016, BlackRock’s AUM was $4.890 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of June 30, 2016, the firm had approximately 12,700 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock CONTACT:

Josh Levine [email protected] (212) 810-5275

BlueBay Asset Management AUM: $3.3 billion FUND NAME: Direct Lending FIRM OVERVIEW: BlueBay is a specialist fixed income asset manager focusing on sovereign and corporate debt in developed and emerging markets. Headquartered in London UK with offices in the US, Japan, Hong Kong, Switzerland, Ireland and Luxembourg, the firm manages $57.8 billion USD in assets (3/31/16). BlueBay was founded in 2001 to capitalize on strong secular growth trends in European corporate and emerging markets debt. The firm invests across the fixed income spectrum from long-only portfolios to hedge funds/private debt. BlueBay is an independentlyowned and operated affiliate of RBC Asset Management. CONTACT: Andrew Gordon [email protected] 212-703-6221

Blue Harbour Group AUM: $3.3 billion FUND NAME: Blue Harbour Strategic Value Partners Fund (Long/ Short) & Blue Harbour Active Ownership Partners Fund (Long Only) INCEPTION DATE: 2004 STRATEGY: Friendly Activist FIRM OVERVIEW: Founded in 2004, Blue Harbour has pioneered an exclusively collaborative approach to Active Ownership, working with the management teams of high‐quality, undervalued public companies to build and unlock shareholder value over a multi‐year investment horizon. Blue Harbour manages a concentrated portfolio, where we are actively engaged with company management teams who welcome Blue Harbour as a lead shareholder. We manage $3.2Bn in two activist equity strategies: a Long/Short fund and a Long-only fund. Unlike many activist funds, Blue Harbour collaborates with company management to create shareholder value by utilizing a private equity approach to investing in public markets. The team's combined intellectual capital and experience have provided Blue Harbour with a distinguished reputation as a constructive long-term shareholder and committed partner. INVESTMENT STRATEGY: Blue Harbour’s investment philosophy is focused on value; we seek small and mid cap stocks ($2 - $10 billion) with a significant margin of safety, low multiples of free cash flow, asset rich companies, sound underlying businesses and strong management teams. As a “Friendly Activist,” Blue Harbour has a unique focus on North American small and mid‐cap companies, who value and embrace input from a committed partner and constructive long-term shareholder. The strategy seeks to deliver superior returns through a focus on public companies that are (or should be) implementing strategic change. The team invests in companies that we deem to be undervalued, and for which we have “active value” ideas (typically strategic or financial in nature) that we believe will further unlock shareholder value. The strategy will also invest in companies undergoing an event precipitated by the company itself or by third parties. CONTACT: Jose R. Claxton [email protected] 203-422-6540

Canyon Partners, LLC AUM: $20.6bn STRATEGY: Multi-strategy FIRM OVERVIEW: Canyon Partners is a global, value-oriented alternative asset manager that employs a variety of event-driven and distressed strategies across a broad spectrum of asset classes. The firm was founded in 1990 and has been registered with the SEC since 1994. Our investment approach is centered on exhaustive research with a deep value orientation, and our funds utilize little to no leverage. We invest across the corporate capital structure and structured finance space, including bonds, equities, convertibles, derivatives, mortgage securities, aircraft lease securitizations, CDOs/CLOs, distressed structured municipal bonds and other esoteric assets. Investments across asset classes will shift over time in response to evolving value propositions and risk/reward profiles. CONTACT: Shana Palencia [email protected] 310-272-1262

CVC Capital Partners AUM: $47 billion INCEPTION DATE: 1981 STRATEGY: Private equity and Credit FIRM OVERVIEW: Founded in 1981, CVC is one of the world's leading private equity firms. Today CVC has a network of more than 20 offices and over 300 employees throughout Europe, Asia and US and has secured commitments of more than US$80 billion from some of the world's most discerning investors across its European and Asian private equity, credit, and growth funds. CVC Credit Partners is the credit management business of CVC. Formed through a merger of predecessor firms that date back to 2005 and supported by a team of 38 dedicated investment professionals, CVC Credit Partners is a global credit asset manager with offices in the U.S. and U.K and $14.4bn assets under management. INVESTMENT STRATEGY: CVC Capital Partners is the private equity business of CVC, which manages funds on behalf of over 300 investors from North America, Europe, Asia, and the Middle East, who entrust their capital to CVC for periods of 10 years or more. CVC Capital Partners funds are invested in 57 companies worldwide, employing over 300,000 people in numerous countries. Together, these companies have combined annual sales of over US$120 billion. CVC Credit Partners seeks to generate for its investors positive absolute returns and attractive risk-adjusted returns on capital throughout the credit cycle. CVC Credit Partners has built a diverse platform which creates significant synergies across its three investment strategies: Performing Credit, Private Lending, and Global Credit Opportunities/Special Situations. CONTACT:

Jay Bryant [email protected] 212-506-3821

The D. E. Shaw Group AUM: $3.3 billion FIRM OVERVIEW: The D. E. Shaw group is a global investment and technology development firm with approximately US $40 billion in investment and committed capital as of August 1, 2016, and offices in North America, Europe, and Asia. Since our founding in 1988, our firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of our staff. We have a significant presence in the world's capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies. The D. E. Shaw group pursues attractive and sustainable risk- adjusted returns on the capital we invest for our clients. The firm invests globally using a broad array of strategies in both public and private markets. Widely recognized as a pioneer in quantitative investing, particularly in equities, futures, and options, the firm also has formidable expertise in areas that involve fundamental analysis or portfolio manager discretion, such as credit, energy, and macro investing. INVESTMENT STRATEGY: The firm's investment activities fall into two broad areas: (1) alternative investment strategies focused on the delivery of absolute returns, with low targeted correlation to traditional assets like equities, which account for approximately US $27 billion of the firm's investment capital; and (2) long-biased benchmark-relative and global asset class investment strategies focused on major, liquid asset classes, which represent approximately $12 billion of the firm's investment capital. The firm’s benchmark-relative equity strategies deploy a systematic investment process in either a long-only or “130/30” implementation. A discretionary strategy leverages the D. E. Shaw group’s considerable alternative investment resources to pursue longbiased investments in a range of liquid global assets. CONTACT: Robert Bartkowiak [email protected] 212-478-0767

Genesis Capital Partners LLC FUND NAME: Genesis Capital Partners Onshore/Offshore INCEPTION DATE: May 1, 2015 STRATEGY: Market neutral, equity long/short, multi-portfolio manager platform. FIRM OVERVIEW: Genesis’ proprietary portfolio software, designed specifically for the multiportfolio manager, eliminates the emotional aspects which typically governs conviction weighting. It guides the construction of the long and short books, position sizing and quality of risk distribution. It incorporates the monitoring of quantitative metrics and fundamental data for each sector PM based on the sector’s specific requirements. Stock picking is primarily fundamentally driven while all aspects of the portfolio construction process are dedicated to code and are part of our software. Risk is dispersed by the platform and avoids subsector concentrations. Our position sizing discipline and portfolio structure dynamics negate the need for arbitrary stop loss orders. We seek objectively correct behavior such as holding our winners longer, not by sizing them bigger. The result of CIO Bob DeFranco’s 30+ years of investment experience in commodities, currencies, equities, and fixed income while working at Lehman Brothers, Moore Capital, SAC Capital and Millennium Management is a highly scalable platform that can accommodate all assets classes. INVESTMENT STRATEGY: A market neutral, equity long/short, multi-portfolio manager platform engineered to produce equity like returns with half the volatility, and no correlation to the overall market. Philosophy: Combines fundamental stock picking with a proprietary quantitative overlay to objectively size positions, construct portfolios and manage risk. Process: Sector specialist portfolio managers select long and short positions for individual portfolios using comprehensive, bottom-up fundamental analysis. Genesis’ quantitative, proprietary software is rigorously applied to objectively size positons and dynamically allocate capital to construct a highly diversified portfolio and produce consistent, incremental profit streams. CONTACT:

Michelle Russell Johnson Michelle Russell [email protected] 203-323-2687

GoldenTree Asset Management LP AUM: $25 billion INCEPTION DATE: March 1, 2000 FIRM OVERVIEW: GoldenTree was established in March 2000 by Steven Tananbaum and is one of the largest independent asset managers focused on corporate credit, managing a variety of alternative and long only strategies. The Firm is a 100% employee owned partnership. GoldenTree has over 220 employees, 26 of whom are equity-holding Partners. GoldenTree has approximately 50 investment professionals in New York and London who have 16 years’ experience on average. The majority of investment professionals are industry or asset class specialists who work collaboratively across product offerings. The team executes GoldenTree’s investment process which is essentially unchanged since inception. With over 110 business management employees, GoldenTree’s infrastructure provides robust operational support to its various investment funds and customized client solutions. In alignment with investor interests, and without external stakeholders setting asset growth targets, GoldenTree is disciplined in raising capital, with a focus on performance over growth in assets under management. INVESTMENT STRATEGY: GoldenTree is a fundamental value investor with an event driven, total return approach. GoldenTree’s investment philosophy focuses on relative value and the belief that competitive risk adjusted returns are achieved by actively managing portfolios on a total return basis. GoldenTree applies this philosophy to a variety of investment strategies: Alternative:  Master Fund (flagship): Opportunistic, directional long/short exposure, unlevered  Credit Opportunities Fund: Opportunistically uses leverage, senior secured debt  Structured Products: PE-style fund, capitalizing on structured products market dislocations  Distressed Funds: PE-style fund, capitalizing on US/European distressed opportunities Long Only:  Multi-Sector Fund: Invests in loans, bonds, and structured products  Value Fund: Primarily high yield bond fund  Senior Loans & CLO Vehicles: SMAs, senior secured loans exposure. CLOs employ non-recourse, non-mark-to-market term financing  HG Structured Products: SMAs, high-grade floating rate structured products GoldenTree strategies have been accented with Emerging Market Debt exposure; an area where GoldenTree has bolstered its efforts more recently. CONTACT: Kathy Sutherland [email protected] 212-847-3455

Golub Capital AUM: Golub Capital currently manages over $18 billion in capital under management, an internal gross measure of assets which includes leverage and uncalled capital. FUND NAME: Golub Capital Partners, 10 L.P. (“GCP 10” or the “Fund”) INCEPTION DATE: 2015 STRATEGY: Golub Capital’s core strategy focuses on U.S. middle market companies (typically less than $100 million of EBITDA) with sustainable proprietary positions in their markets that are generally too small to access the liquid debt markets. A majority of the investments in the Fund are expected to consist of first lien senior secured and one-stop loans. These loans are to private equity sponsor- controlled middle market companies that require capital for growth, recapitalizations, refinancing’s and leveraged buyouts. FIRM OVERVIEW: Golub Capital is a nationally recognized credit asset manager with over $18 billion of capital under management. For over 20 years, the firm has provided credit to help medium-sized U.S. businesses grow. The firm’s award-winning middle market lending business helps provide financing for middle market companies and their private equity sponsors. Golub Capital’s credit expertise also forms the foundation of its Late State Lending and Broadly Syndicated Loan businesses. Golub Capital has worked hard to build a reputation as a fast, reliable provider of compelling financing solutions, and we believe this has inspired repeat clients and investors. Today, the firm has over 300 employees with lending offices in Chicago, New York and San Francisco. For more information, please visit www.golubcapital.com INVESTMENT STRATEGY: GCP 10 is part of the Golub Capital Partners series of funds (“GCP Funds”), which provides immediate access to a seasoned, healthy, diversified portfolio. Predecessor GCP Funds have had a history of providing investors with quarterly cash distributions. Golub Capital seeks to produce attractive absolute returns for investors by combining robust, often proprietary deal flow with an intense credit culture to generate loans with what it believes are attractive pricing and below average risk. Golub Capital generated a deal flow of over 2000 middle market opportunities last year through its direct origination model that unites industry leading deal professionals, reliability and carefully developed credit policies and procedures. With a 20 year operating history in the middle market, Golub Capital seeks to maintain strong relationships with private equity sponsors and incumbent borrowers, which help to drive deal flow each year. This competitive advantage in deal flow permits Golub Capital to seek very high credit standards and low credit losses. CONTACT: Alissa Grad [email protected] 212-750-4073

Highland Capital Management AUM: $17BN (as of June 30, 2016. FUND NAME: Highland Debt Dislocation Fund, L.P. INCEPTION DATE: Fourth Quarter 2016 STRATEGY: Make strategic investments in dislocated high yield bonds, bank loans, and CLO debt to achieve attractive risk-adjusted returns over the next three years. FIRM OVERVIEW: Highland Capital Management, L.P. is an SEC-registered investment adviser which, together with our affiliates, has approximately $17 billion of assets under management. We are one of the largest and most experienced global alternative credit managers. Our firm specializes in credit strategies, such as credit hedge funds, long-only funds and separate accounts, distressed and special situations private equity, and collateralized loan obligations (CLOs). Highland also offers alternative investments, including emerging markets, long/short equities, and natural resources. Highland’s diversified client base includes public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments, and high net-worth individuals. Our firm is headquartered in Dallas, Texas and maintains offices in New York, Sao Paulo, Singapore, and Seoul. INVESTMENT STRATEGY: Highland Capital believes bank loans and high yield bonds represent a sizable component of the U.S. Corporate credit market that has seen significant dislocation catalyzed by current macro risk-off trends and several regulatory-based liquidity factors. The market dislocation in below investment grade credit presents attractive total return opportunities which we believe will capture significant liquidity premiums and take advantage of spreads that are not in sync with fundamentals. The Highland Debt Dislocation investment strategy capitalizes on its time-tested bank loan and high yield bond investment strategy to identify high conviction dislocated opportunities. CONTACT: Jess Larsen [email protected] 469-394-8872

Intellia Capital LLC AUM: Launch stage and in advanced discussions with institutional investors FUND NAME: India Quant Long/Short Equity Fund L.P. INCEPTION DATE: 2016 STRATEGY: Quantitative Long/Short FIRM OVERVIEW: Intellia Capital is led by an experienced investment team that has managed around $4 billion at places like WL Ross, SAC Capital and Neuberger Berman. INVESTMENT STRATEGY: Financial data on Indian companies has matured only over the last 10 years creating an opportunity for quantitative analysis across one of the world’s most diverse stock markets (there are around 5,500 listed companies in India, with around 3,800 actively traded). Our quantitative long/short investment strategy identifies undervalued and overvalued companies systematically. This strategy is ideal for India because: sector diversification and large number of holdings addresses the wide diversity in India’s stock market; high dispersion in the quality of financial reporting; volatility in foreign fund flows; varying market liquidity; and, currency depreciation associated with periodic stimulus to the economy CONTACT: Ranjeet Nabha [email protected] 917-517-7779

Investcorp AUM: $245MM FUND NAME: Investcorp Dynamic Alt Beta Fund INCEPTION DATE: June 2015 STRATEGY: The Investcorp Dynamic Alt Beta Fund seeks to provide long-term capital appreciation with low correlation to traditional asset classes such as stocks and bonds. The Fund invests in a variety of alternative risk premia factors (Value, Carry, Momentum and Liquidity) across major asset classes (equities, fixed income, FX and commodities) and its primary characteristics include: (1) a broadly diversified, multi-strategy, multi-asset, long/short investment approach with zero to low net market exposure to traditional asset classes; (2) dynamic portfolio management that adjusts exposures over a 6- to 12-month horizon to reflect current trends and/or anticipated macroeconomic & market environments; and (3) a risk/return profile that is similar to that of a typical diversified hedge-fund portfolio with improved liquidity, greater transparency, and a more efficient cost structure. FIRM OVERVIEW: Investcorp was founded in 1982 and is a global institutional provider of alternative investment solutions across Hedge Funds, Private Equity and Real Estate investments, with approximately $11 billion of assets under management including significant proprietary coinvestments. Investcorp’s Hedge Funds business, launched in 1996, is currently responsible for $4.0 billion in program assets, and provides alternative asset management services across 4 areas of expertise – alternative risk premiums, hedge funds, fund of funds portfolios, and thematic investment opportunities – to deliver unique investment exposures and superior results. We believe that our differentiating characteristics – alignment of interests; nimble and innovative approach; disciplined investment process; deep and talented team; integrated investment program; and proprietary research – allow us to better serve our clients in achieving their investment objectives. CONTACT: Angela Leson [email protected] 917-332-5769

Nuveen FIRM OVERVIEW: TIAA Global Asset Management partners with Nuveen to deliver investment excellence through our affiliated asset managers. As of June 30, 2016, TIAA Global Asset Management has $889 billion in AUM across all asset managers. Our teams provide investment strategies for corporations, public and multi-employer pension funds, foundations and endowments, high-net-worth individuals, insurance companies, and governments. Our institutional team serves as a gateway for investors and their consultants to the expertise of: Nuveen Asset Management, TIAA Investments, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management and Winslow Capital Management. Each of these specialized managers maintain independent philosophies, processes and research teams. Our shared goal is to provide strong, consistent investment performance. Look to us for growth and value equities, international and global equity strategies, real assets and infrastructure strategies, fixed income and market-neutral investments, and customized investment solutions. CONTACT: Jason Psome, Senior Vice President, Institutional Sales [email protected] 212-207-2052

Kepos Capital LP FIRM AUM: $2.5 Billion as of August 1, 2016 FUND NAME: Kepos Alpha Fund and Kepos Exotic Beta Fund INCEPTION DATE: November 2010 STRATEGY: Systematic Global Macro FIRM OVERVIEW: Kepos Capital was founded in 2010 by Mark Carhart, Giorgio De Santis and Bob Litterman, all former partners of Goldman Sachs who led the Quantitative Investment Strategies group at GSAM. The Kepos team currently has 38 professionals who are committed to a culture of rigorous intellectual discussion and collaboration. The firm employs a range of systematic investment strategies across all the major macro markets, trading equity index, bond and commodity futures, currency forwards, interest rate swaps and options on many of the major equity, bond, currency and commodity markets. INVESTMENT STRATEGY: Kepos’ flagship strategy is entirely systematic and quantitatively based and is designed to capitalize on short-term behavioral effects in the global macro markets. Kepos’ risk factor strategy is designed to provide a diversified exposure to a broad portfolio of macro risk factors that are transparent, liquid, low-cost and lowly correlated to broader markets and asset classes. CONTACT:

Chris Mascarinas [email protected] 212-588-7445

OFI Global Asset Management

(“OFI Global”), an OppenheimerFunds company FIRM AUM: $222 billion (as of August 31, 2016) FUND NAME: Multiple equity, fixed income and alternative strategies offered. INCEPTION DATE: OppenheimerFunds, Inc. was founded in 1959. STRATEGY: Multiple equity, fixed income and alternative strategies offered. FIRM OVERVIEW: OFI Global, an OppenheimerFunds company, is a leader in global asset management and is dedicated to providing solutions for its partners and end investors. As of August 31, 2016, we have more than $222 billion in assets under management. With over 50 years of experience investing successfully around the world, OFI Global is a high conviction active manager with a history of providing active, innovative investment strategies to its investors. The firm’s 14 distinct, collaborative investment management teams specialize in equity, fixed income, alternative and multi-asset strategies. INVESTMENT STRATEGY: Make Global Connections We understand the interconnectedness of worldwide markets and have been a leader in global investing for over five decades. We were one of the first U.S. asset managers to offer global equity and global fixed income strategies. Look to the Long Term We focus on achieving long-term results through active management and willingness to search for opportunity where others may not. We generally invest with a horizon of five years or longer because we understand creating value takes time. As active investors, we believe we can deliver the expertise to help clients pursue benchmark-beating returns. Take Intelligent Risks We recognize that achieving investment rewards requires assuming intelligent risks. Our deep understanding of risk dynamics helps us as we seek to manage portfolios in line with client expectations. Invest with Proven Teams Our lead portfolio managers are some of the industry’s most tenured and successful, averaging more than two decades of investment experience across multiple market cycles. CONTACT: Jeffrey D. Sharon [email protected] 212-323-4923

Pershing Square Capital Management, L.P. AUM: Approximately $12 billion as of July 31, 2016* FUND NAME: Pershing Square, L.P. / Pershing Square International, Ltd. INCEPTION DATE: December 2003 STRATEGY: Equity Long/Short, Activist FIRM OVERVIEW: Pershing Square is a concentrated, research-intensive, fundamental value investor in the public markets with approximately $12 billion under management as of July 31, 2016. We invest in long, and occasionally short, investment opportunities that we believe exhibit significant discrepancies between current price and intrinsic business (or net asset) value, often with a catalyst for value recognition. When the commitment of time, energy and capital is justified in light of the potential for reward, we will take an active role in effectuating corporate change, which may include changes in management, cost structure, capital structure, corporate form, and strategy, among others. We believe that our activist techniques can both accelerate and maximize the realization of value from an investment. We typically work collaboratively with incumbent management, but if necessary, we will seek the support of other shareholders to achieve our objectives. On a few occasions we have had to engage in proxy contests and other related activities. William A. Ackman is the CEO and Portfolio Manager. CONTACT:

Steve Symonds [email protected] 212-652-3175

*Total NAV reflects the aggregate net asset value of the Pershing Square, L.P. (“PSLP”), Pershing Square II, L.P. (“PSII”) and Pershing Square International, Ltd. (“PSI”), and Pershing Square Holdings, Ltd. (collectively with PSLP, PSII and PSI, the “Core Funds”), and PS V, L.P., PS V International, Ltd. and its affiliates, which operate collectively as a co-investment vehicle that primarily invests in securities of (or otherwise seeks to be exposed to the value of securities issued by) Air Products & Chemicals Inc. (collectively, “PSV”) (without double counting investments by any Core Fund in PSV), except that amounts attributable to accrued incentive fee liability and deferred compensation payable by PSI to Pershing Square Capital Management, L.P., which is recognized as a liability of PSI for accounting purposes, is treated as invested capital for purposes of the calculation. Pershing Square L.P., Pershing Square International, Ltd. and Pershing Square Holdings, Ltd. have investments totaling $296,337,797; $191,730,487 and $94,039,839, respectively, in PSV as of July 31, 2016.

Point72 Asset Management FUND NAME: Family Office INCEPTION DATE: 1999 STRATEGY Point 72 Asset Management is the long/short equity business and the Firm’s core strategy and its largest business by assets -Multi- manager platform -Sector-aligned model -Fundamental bottom-up research process -Macro investments and insights Cubist Systematic Strategies is the quantitative unit using systemized, highly automated trading strategies at multiple time horizons -Multi-manager platform -Multi-asset class focus Cohen Private Ventures houses private equity and other private investments -Direct private equity- control and non-control -Growth equity and venture capital -Structured securities and specialized credit investments -Real estate and other asset-based investments Point72 Ventures is the early-stage venture capital strategy funded exclusively by Steve Cohen and eligible employees of Point72 Asset Management. 
We invest in emerging technologies that have the potential to transform the financial services industry. FIRM OVERVIEW: Point72 Asset Management, L.P. is a family office managing the assets of its founder, Steven A. Cohen, and eligible employees. It is not required to register as an investment adviser with the U.S. Securities and Exchange Commission. Point72 Asset Management does not seek, solicit or accept investors that are not eligible family clients, as defined in the rules promulgated under the U.S. Investment Advisers Act of 1940, as amended The Firm is headquartered in Stamford, Connecticut, and maintains affiliated offices in New York, London, Hong Kong, Tokyo, and Singapore. Point72 has a world class team of approximately 1,000 employees, including more than 350 investment professionals. CONTACT:

Michael Sullivan [email protected] 203-890-4710

Quest Partners LLC AUM: $670M; AlphaQuest Original AUM: $376M FUND NAME: AlphaQuest Original INCEPTION DATE: May 1999 STRATEGY: CTA / Managed futures FIRM OVERVIEW: Quest Partners LLC is a research driven alternative investment firm founded in 2001 by Nigol Koulajian and headquartered in New York City. Quest employs a systematic, quantitative trading process across multiple asset classes in over 65 liquid global markets including commodities, currencies, equity indices and fixed income. The firm manages $670 million in total of which $376 million is in the flagship program, AlphaQuest Original (AQO). INVESTMENT STRATEGY: The AQO strategy is designed to deliver outsized returns during periods of market stress or increased volatility. AQO accomplishes this objective by dynamic short term trading with the focus of capturing price movements accentuated by skew or asymmetric risk present in markets. Our strategy is a great portfolio diversifier and acts as a hedge to traditional portfolios, hedge fund portfolios and CTA portfolios, particularly during periods of crisis. CONTACT: Anna Shlimak [email protected] 212-838-4445

Rastegar Capital, LLC FUND NAME: Rastegar Income Fund, LP FIRM OVERVIEW: Rastegar Capital is a private equity real estate investment firm. INVESTMENT STRATEGY: The Fund seeks a high and stable rate of current income, consistent with long-term preservation of capital through commercial real estate investments. A secondary objective is to take advantage of unique opportunities to realize capital appreciation in secondary and tertiary markets.

CONTACT:

Carla Domen [email protected] 844-727-8342

Record Currency Management AUM: $767mn. FUND NAME: Currency Multi-Strategy INCEPTION DATE: July 2012 STRATEGY: Currency Overlay FIRM OVERVIEW: Record Currency Management has been a leading independent currency management firm since its inception in 1983, and currently manages $53bn (as at 30th June 2016) in assets for clients in North America, UK, Europe including Switzerland, and Singapore. Record largely grew around hedging for both corporate and institutional clients, with mandates including the world’s first stand-alone currency hedge. Record's return-seeking currency business was started in 2003, with the launch of our Currency Alpha product, which combined currency carry with trend exploitation. This business grew rapidly in the following years, including the launch in 2005 of Record's Dublin-based pooled fund range. Since 2009, Record has expanded its range of returnseeking products. We launched our Emerging Market Currency Strategy in 2009 and our first indextracking currency fund in 2010, tracking the FTSE FRB10 Index. Record Currency Multi Strategy was launched in 2012. INVESTMENT STRATEGY: Record Currency Multi-Strategy is designed to exploit what we believe to be the four major sources of return in the currency market: namely, the Forward Rate Bias or carry; real exchange rate convergence in Emerging Market (EM) currencies; Momentum; and Value. By combining these four return sources in a single, balanced portfolio the Multi-Strategy product aims to deliver consistent returns in a variety of market conditions. The result is a welldiversified portfolio, which has a low correlation with traditional assets and reduced sensitivity to periods of market downturn. The four strategies that make up the Multi-Strategy portfolio exhibit relatively low inter-strand correlations and all function at different investment horizons. Hence, the portfolio is designed to maintain some exposure to all of these return drivers with the allocation to each being varied in response to market conditions. The strategy can be run as an overlay to a variety of gearing or volatility targets. CONTACT:

Aaron Cantrell [email protected] +44 1753 605 952

Standard Life Investments FIRM OVERVIEW: Standard Life Investments is a leading global asset manager offering a wide range of investment solutions backed by our distinctive Focus on Change investment philosophy, disciplined risk management and shared commitment to a culture of investment excellence. Our investment capabilities span equities, bonds, real estate, private equity, multi-asset and absolute return strategies. As of December 31, 2015, we manage $373.2 billion on behalf of clients worldwide. Standard Life Investments (USA) has provided investment management services in the US since 2002 with a focus on public and corporate pension plans, endowments and foundations, investment consultants, insurance companies and large financial institutions. CONTACT: Eric Roberts [email protected] 617-720-7964

T. Rowe Price AUM: $776.6 Billion (30 June 2016) FIRM OVERVIEW: T. Rowe Price is an asset management firm focused on delivering global investment management excellence that investors can rely on—now, and over the long term. Headquartered in Baltimore, Maryland, we provide an array of separate account management for individuals, advisors and institutions. The core principle on which T. Rowe Price, Jr., founded the firm in 1937 – that his company’s success should follow from the success it achieves for its clients – continues to guide us today. We believe that adhering to such enduring principles produces a more reliable investment approach for our clients. Our disciplined approach to managing investments is rooted in proprietary research carried out by experienced professionals. We seek consistent and competitive performance that balances risk and reward. And we nurture a culture that encourages collaboration and diverse thinking in the pursuit of durable solutions. DETAILS: T. Rowe Price is an asset management firm focused on delivering global investment management excellence that investors can rely on—now, and over the long term. Headquartered in Baltimore, Maryland, we provide an array of separate account management for individuals, advisors and institutions. The core principle on which T. Rowe Price, Jr., founded the firm in 1937 – that his company’s success should follow from the success it achieves for its clients – continues to guide us today. We believe that adhering to such enduring principles produces a more reliable investment approach for our clients. Our disciplined approach to managing investments is rooted in proprietary research carried out by experienced professionals. We seek consistent and competitive performance that balances risk and reward. And we nurture a culture that encourages collaboration and diverse thinking in the pursuit of durable solutions. Facts about T. Rowe Price (as of 30 June 2016): •$776.6 billion* in assets under management (more than 50% institutional) •Publicly traded organization with substantial associate ownership (NASDAQ-GS: TROW) •Offers a full range of equity and fixed income strategies across various market capitalizations, sectors, styles, and regions •227 global research professionals •Over 6,000 associates •Local presence in 16 countries •Management Committee members average 19 years’ tenure •Investment Portfolio Managers average 16 years’ tenure *The combined assets under management of the T. Rowe Price group of companies in USD as of 30 June 2016. The T. Rowe Price group of companies includes T. Rowe Price Associates, Inc., T.Rowe Price International Ltd, T. Rowe Price Hong Kong Limited, T. Rowe Price Singapore Private Ltd., and T. Rowe Price (Canada), Inc.

CONTACT:

Jack McGowan [email protected] 410-345-2076

Taconic Capital Advisors, L.P. AUM: $5.9 billion FUND NAME: Multiple INCEPTION DATE: 1999 STRATEGY: Event-driven, Multi-strategy FIRM OVERVIEW: Taconic Capital Advisors L.P. is a multi-strategy, event-driven firm founded in 1999 by Frank Brosens and Ken Brody, former partners at Goldman Sachs. Taconic has 115 employees (44 investment and trading professionals) across its offices in New York, London and Hong Kong. Taconic's investment objective is to deliver strong risk-adjusted returns to investors over time by utilizing a bottom-up, research-driven investment process. Taconic’s 14 Principals share broadly in the profits of the firm. No Principal of Taconic, including its Founders, has ever been entitled to greater than 20% of the profits of the firm in a given year. There is a strong alignment of interest with all of the Principals paid out of one P&L pool which eliminates the competition for capital and promotes team work. INVESTMENT STRATEGY: Taconic's investment objective is to deliver strong risk-adjusted returns to investors over time by utilizing a bottom-up, research-driven investment process that identifies situations with three defined attributes: 1) inefficiency, 2) identifiable catalyst(s) and 3) margin of safety. Taconic believes its edge comes from in-depth analysis of a variety of complex event-driven situations particularly situations that involve litigation, change of control and regulatory or legislative changes. Investments are made in a highly diverse set of catalyst-driven situations including distressed credit, structured credit (RMBS/CMBS), equities, merger arbitrage and capital structure arbitrage/hedged credit. Taconic is willing to be an active investor in credit and equity situations when appropriate. Taconic also incorporates a portfolio hedge overlay that is designed to limit losses in a severe market dislocation. CONTACT:

Marne Gorman [email protected] 212-209-3133

Third Point LLC AUM: $15.5MM (as of 8.31.2016) INCEPTION DATE: 1995 FIRM OVERVIEW: Third Point LLC is a SEC-registered investment adviser based in New York, managing assets for corporate and public pensions, sovereign wealth funds, endowments foundations, fund of funds, and high net worth individuals, including a substantial amount of permanent capital via a closed-end feeder fund (LSE: TPOU, LSE: TPOG), a Bermuda-based reinsurance affiliate (NYSE: TPRE), and employee assets. INVESTMENT STRATEGY: Third Point pursues an event driven, value-oriented approach, which it applies opportunistically across asset classes and strategies including special situation equities, corporate credit, asset-backed securities, and macro investments. Shaped by insights into the global macroeconomic environment, this flexible and nimble approach allows Third Point to invest in varied market conditions. CONTACT: Elissa Doyle [email protected] 212-715-6707

WHARD Stewart AUM: $212m FUND NAME: WHARD Stewart Master Fund Ltd INCEPTION DATE: August 2012 STRATEGY: Macro EM FIRM OVERVIEW: WHARD Stewart (UK ) LLP is an asset management company owned and run by senior trading and operational management with a long and successful track record at JP Morgan. WHARD Stewart includes the core emerging markets trading and operational teams from JP Morgan who have worked together for over 15 years and who have a combined team experience of 100+ years focusing on emerging markets interest rates, currencies and volatility. WHARD Stewart views emerging markets as providing a rich opportunity set with which to deliver outsized returns rather than simply as an asset reflation trade. WHARD Stewart aims to produce positive returns uncorrelated to other major asset classes. INVESTMENT STRATEGY: WHARD Stewart is a MACRO EM orientated investment manager, implementing macro and relative value strategies focused on currency and rate asset classes. The investment framework utilizes analysis of macro trends and indicators, combined with a quantitative valuation approach and an assessment of positions and flows. WHARD Stewart seeks to exploit the short term inefficiencies of FX markets and the mis-pricing of yield curves, particularly in emerging markets. CONTACT: Tristan Elbrick, Head of Business Development [email protected] 011-44-203-006-3660

York Capital Management AUM: $ 18.3 billion INCEPTION DATE: September 1991 STRATEGY: Event-driven FIRM OVERVIEW: York Capital Management Global Advisors, LLC (“York”) is a global investment firm that seeks to generate attractive risk-adjusted returns across business and market cycles through a combination of focused research, investment selection, and disciplined risk management. As of August 1, 2016, York managed approximately $18 billion in assets across eight hedge fund strategies as well as six other investment strategies. York leverages its global research platform to employ a multi-strategy, event-driven opportunistic investment approach, emphasizing fundamental analysis across industries and businesses. Founded in 1991, York has more than 190 employees, including approximately 60 investment professionals, with offices in New York, London and Hong Kong. CONTACT: Pamela Friedman [email protected] and [email protected] 212-300-1388

AECJ Group INCEPTION DATE: 2014 STRATEGY: Long term capital preservation at a moderate risk FIRM OVERVIEW: We are a private family office group based in Mexico City. INVESTMENT STRATEGY: -rule no.1 don’t loose money -we like to take risk, if it pays well. -we focus on mid to long term investments -main purpose is capital preservation for the next generations.. CONTACT:

joseph Harari achar [email protected] +5215552526092

Brunswick Group INCEPTION DATE: 1987 STRATEGY: Building trusted relationships between companies and all stakeholders. FIRM OVERVIEW: Brunswick is an advisory firm specializing in critical issues and corporate relations: a global partnership with 23 offices in 14 countries. Founded in 1987, Brunswick has grown organically, operating as a single profit center – allowing us to respond seamlessly to our clients’ needs, wherever they are in the world. CONTACT:

Laurie Hays [email protected] 646-385-9846

Higdon Partners LLC INCEPTION DATE: February 1986 STRATEGY: Focuses exclusively on the asset management industry and aspires to be premier provider of executive search/talent acquisition services FIRM OVERVIEW: Higdon Partners is an executive search firm focusing exclusively on the investment management industry for leading endowments, foundations, family offices, hedge funds, private equity firms, corporate pension funds, sovereign wealth funds. Specializes in chief investment officer searches. The firm works in all investment functions, plus all support staff functions, as well as on board members and trustee searches.. CONTACT:

Henry G. Higdon [email protected] 212-986-4662

Joele Frank, Wilkinson Brimmer Katcher (JOELE FRANK) INCEPTION DATE: 2000 STRATEGY: Event-driven, Multi-strategy FIRM OVERVIEW: JOELE FRANK is sought after by companies worldwide for our strategic communications counsel and tactical support on a wide range of high stakes “bet the company” situations. Since the firm’s founding in 2000, we have pursued a clear purpose: to develop and execute communications strategies that enable our clients to achieve their business goals. JOELE FRANK is known for our ability to provide honest and unvarnished perspectives. We are resultsoriented, service-focused and fierce advocates for our clients. Our clients and referral sources rely on JOELE FRANK for our ability to quickly grasp complex situations and provide communications insight and support that can help influence outcomes. Though JOELE FRANK is U.S.-based, our reach is global and our client roster is as diverse as it is lengthy, ranging from large multinational public corporations to smaller private enterprises, including private equity firms. We continue to be invited into the boardroom alongside our legal and investment banking counterparts to advise boards of directors and senior management teams grappling with matters and developments that require sophisticated communications expertise. CONTACT:

Matthew Sherman, President [email protected] 212-355-4449

Mid-Atlantic Strategies INCEPTION DATE: June 2016 STRATEGY: Global Asset Allocation FIRM OVERVIEW: Family Investment Office CONTACT:

Antonio Farnos [email protected] 646-902-9842

Northern Trust Hedge Fund Services AUA: Approximately $299 billion in AUA as of June 30, 2016 FIRM OVERVIEW: Northern Trust Hedge Fund Services is a leading provider of administration and middle office services for alternative fund managers and institutional investors with complex portfolios. Our capabilities change the traditional relationship between investors, managers and their administrator though a full-service, front-to-back operating model, that can support any asset or strategy with unparalleled flexibility in data management and reporting. We differentiate ourselves by:  Employing a unique blend of deep industry expertise and an unwavering commitment to superior client service, with a long-standing fiduciary heritage that calls on every partner to place their clients’ needs first and foremost.  Delivering market-leading technology capabilities centered on our fully integrated middle and back office platform whose online tools offer our clients unmatched levels of transparency.  Offering expertise and capabilities that meet or exceed those of the high-performing independent administrators, and combine them with the resources and backing of one of the world’s leading financial institutions. BUSINESS DEVELOPMENT: Northern Trust Hedge Fund Services is a top-ten global hedge fund administrator by assets under administration. In addition to our core constituency of hedge, private equity and fund of funds managers, our client profile has expanded to include institutional investors managing their own assets and requiring administration solutions to support complex assets and investment strategies. We continue to invest in both our technology and people, expanding the breadth and quality of the services we offer to clients, including:  Comprehensive OTC & Repo collateral management capabilities  Regulatory reporting support for Form PF, FACTA, CPO-PQR, AIFMD, TIC and others  A proprietary rules engine that provides daily portfolio monitoring and investment guideline compliance reporting  Cash projection services  Expanded tax services, including K-1 production  An enhanced suite of risk services based on our detailed T+1 risk analytics  Expanded global market research, trading, and execution services through Northern Trust Securities Inc. CONTACT: Michael Blake [email protected] 312-444-5655

Ocean Road Advisors FIRM OVERVIEW: Ocean Road Advisors, Inc. is an investment management company that directs the investment and related management activities of several leading New York City-based families, including those of Edward H. Meyer and Anthony E. Meyer. Today, Ocean Road Advisors, Inc. manages a portfolio in excess of $750 million invested on behalf of numerous client entities in a broad range of investment strategies, including public and private equities, hedge funds, real estate and venture capital. The Company also oversees the activities of several large and active philanthropic foundations. CONTACT:

Edward Meyer [email protected] 212-389-6541

Polisi Jones Communications LLC INCEPTION DATE: April 2014 FIRM OVERVIEW: Polisi Jones Communications is a strategic communications consultancy that provides financial services and alternative investment firms, and their external counselors, with highly strategic and thoughtful external and internal communications assistance. Our aim is to help our clients achieve their business objectives more effectively and efficiently by providing superior advice and assistance to support their communication with investors, business partners, employees, media and other important business contacts. Each of our strategists only works with a limited number of clients, which allows us to more quickly drive results. Everything we do is strategically determined with an eye toward our clients’ business goals and company vision. Like you, we expect results, and we partner with you to achieve them. CLIENT TYPES: Asset Management Firms, Banks, Hedge Funds, Private Equity Firms, Venture Capital Firms, Insurance Companies, Financial Advisors/Registered Investment Advisors, Wealth Managers, Data Technology Providers, Law Firms, Accounting Firms and other financial services firms. CONTACT: Catherine P. Jones – President and Founder [email protected] 917-330-8934 www.polisijones.com