Board of Directors

Heather E. Gilker (Chairman of the Board)

Ms. Gilker is vice president, Business Development for Fidelity Family Office Services (FFOS), a Fidelity Investments company and provider of custody, brokerage, investment and reporting services to family offices. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. She is responsible for leading FFOS’ Southwest region.

Prior to joining Fidelity Investments in her current role, Ms. Gilker was president of GSG Capital Advisors, LLC, a strategic consulting firm that provides due diligence and capital raising, infrastructure build-out and business development for alternatives managers. Previously during her career, Ms. Gilker served on the Investment Committees and acted as director of research for hedge fund-of-fund portfolios for Carlson Capital, L.P. and Rainbow Trading Corporation, in addition to serving on the Investment Committee for Ranger Advisors, L.P. She also founded and ran Opus Advisors, L.P., an early-to-middle stage information technology fund, and served as an equities analyst for Stockbridge Partners/Feshbach Brothers. She began her career at Bank of America.

Ms. Gilker received her undergraduate degree from Southern Methodist University. She is a member of AIMR and the Dallas Association of Investment Analysts, 100 Women in Hedge Funds and Texas Wall Street Women, where she is a Senior Advisor. She also serves on the Advisory Board of the Great Investors’ Best Ideas Foundation Investment Symposium, and is a member of the Governance Board of the Member to the Dallas Museum of Nature and Science, where she chairs the Investment Committee and serves on the Finance Committee.

Bill Braxton

Mr. Braxton is the Director of Marketing of Crestline Investors, a Fort Worth-based hedge fund manager. Mr. Braxton joined Crestline Investors in 2009.

Prior to joining the firm, Mr. Braxton was the Co-Lead of the Fund of Funds Due Diligence Team at Merrill Lynch. During his tenure at Merrill Lynch, Mr. Braxton was responsible for internal and external capital raising efforts for both hedge funds and hedge fund of funds. Additionally, he was responsible for selling Merrill Lynch distribution capabilities and analyzing, sourcing and negotiating with potential hedge fund and hedge fund of fund partners.

Mr. Braxton is a graduate of the University of Mary Hardin-Baylor where he received his B.B.A in Finance and The Wharton School of Business where he received a M.B.A, with a dual major in Finance and entrepreneurship

Steven W. Caple

Mr. Caple serves as the President of Unity Hunt, Inc. Unity Hunt is the vehicle through which the Lamar Hunt family manages its investments and holdings. Mr. Caple focuses on strategic direction, and he oversees Unity Hunt’s operating, legal, finance, accounting and tax functions.

Prior to joining Unity Hunt, Mr. Caple was the President of VFT Capital, LP, which provides seed capital, marketing assistance and operational support to hedge fund managers. While at VFT, Mr. Caple was responsible for planning and carrying-out its long-term initiatives, and he directed its investment, operating, legal, compliance, finance and accounting efforts.

Before VFT, Mr. Caple was the President of Novo Networks, Inc. (now known as Berliner Communications, Inc.), a publicly traded telecommunications company, where he had previously served as its Senior Vice President, General Counsel and Corporate Secretary. While at Novo, Mr. Caple set its strategic direction, managed its personnel and supervised its operations, SEC reporting and mergers and acquisitions. Prior to joining Novo, Mr. Caple held senior legal and management positions with GTE Corporation (now known as Verizon Communications, Inc.), Chancellor Media Corporation (now known as Clear Channel Communications, Inc.) and Marcus Cable, LP (now known as Charter Communications, Inc.). Before Marcus, Mr. Caple practiced law with the firm of Patton, Haltom, Roberts, McWilliams & Greer, LLP.

Doug J. Jegi

Doug J. Jegi is the Chief Operating Officer and Chief Compliance Officer for CrossCap Management Inc. Mr. Jegi is responsible for all operating, compliance, marketing and client service functions for the firm. CrossCap is based in Houston, Texas and is the investment manager of two long/short equity funds, CrossCap Partners, LP and CrossCap Partners Enhanced LP.

Prior to joining CrossCap, Mr. Jegi served as the Director of Client Services for Episteme Capital Management. Previously, Mr. Jegi served as a Senior Analyst for Veras Investment Partners where he was instrumental in building the operational structure for a billion dollar hedge fund organization. Prior to Veras, Mr. Jegi served as an Analyst for TranSierra Capital Management.

Mr. Jegi received a BS in International Business from San Francisco State University and a Masters in Business from The University of San Francisco.

Shea Davis

Shea Davis is Partner and Chief Financial Officer of PTA Capital where she oversees fund financial and regulatory concerns.

Previously, Ms. Davis served as National Technical Advisor for the managed funds industry at the IRS. She has Big 4 accounting firm experience in both mergers and acquisitions due diligence and structuring, as well as running the alternative investment industry platform for the Ernst & Young Dallas office. Prior to her accounting work, Ms. Davis was an investment banker in New York City, focused on tax advantaged structure finance.

Ms. Davis is a member of the board of directors of Texas Wall Street Women, was an adjunct professor and an officer of the Dallas A&M Club.

Dale West, CFA

Dale West is the Director of External Public Markets at the Teacher Retirement System of Texas, a $90 billion pension system serving 1.2 million active and retired educators and their families. Mr. West's team oversees the Trust's $3.5 billion hedge portfolio and over $12 billion in externally managed traditional equity and fixed-income assets. TRS has been an investor in hedge funds since 2001.

Prior to joining TRS, Mr. West was based in London with the emerging markets equity team of T. Rowe Price International, where he covered telecoms and emerging markets. He also served in U.S. foreign service, including a three-year posting to the American embassy in Bucharest, Romania.

Mr. West received an MBA from Stanford University, and is a 1991 graduate of the Universty of Texas at Austin the Plan II Liberal Arts Honors Program.

Barry Y. Greenberg

Barry Y. Greenberg is General Counsel and Chief Compliance Officer of Swank Capital, LLC and its wholly-owned investment advisory subsidiary, Cushing MLP Asset Management, LP. His responsibilities include managing the firm’s comprehensive compliance program and advising senior management regarding legal issues and regulatory developments.

Prior to joining Swank Capital, Mr. Greenberg served as a partner in the investment funds group of Akin Gump Strauss Hauer & Feld in Dallas for five years. In this role, he advised private and offshore funds, mutual funds and investment advisers on a wide range of issues, including entity formation, governance and regulatory compliance matters. From 1995 through 2005, Mr. Greenberg served as vice president, legal, compliance and administration of American Beacon Advisors, Inc., a registered investment adviser and mutual fund sponsor. Mr. Greenberg began his legal career in the Fort Worth district office of the Securities and Exchange Commission in 1988. He served for seven years in the Enforcement Division as an enforcement attorney and branch chief, managing investigations of matters involving violations of investment adviser, investment company, broker-dealer and general corporate securities regulations.

Mr. Greenberg received his J.D. cum laude from Tulane Law School and his B.A. from Emory University. He is a member of the State Bar of Texas.

John McColskey

John McColskey is President of Austin-based Meritage Capital, LLC, where his duties involve general oversight, business development and strategic direction of the firm.

Prior to Meritage, Mr. McColskey served as President of Centennial Partners, LLC, where he focused on operations, client service and business development. He also served as a member of the Investment Committee. Mr. McColskey has extensive experience in the financial services industry. From 2010 to 2012, John was the Director of Business Development at Timbervest, a firm dedicated to managing investments in timberland and timber related assets. Prior to joining Timbervest, he was a Senior Managing Director of Center Coast Capital Advisors, LP. From 2004 until 2009, John was a Principal of Homrich and Berg, where he was instrumental in the firm’s growth from $450 million to $2 billion in assets under management.

Previously, he was a Senior Vice President of Pell Rudman Trust Company, Vice President at Alex Brown & Sons, and a Principal and operating committee member of the private asset management division of ING Baring Furman Selz. He has served as an adjunct lecturer at the Goizueta Business School at Emory University and has served on a number of boards in the past including the Board of Directors for the Piedmont Park Conservancy, the State of Georgia Chamber of Commerce, the Alliance Theater of the Stars and the Buckhead YMCA.

Mr. McColskey earned a Bachelor of Science in Finance from High Point College.

Kumar Venkataraman

Kumar Venkataraman is the James M. Collins Chair in Finance and the Academic Director of the ENCAP Investments & LCM Group Alternative Asset Management Center at the Cox School of Business at Southern Methodist University. He has a Ph.D. in Finance from Arizona State University.

Venkataraman specializes in the area of market microstructure and writes about financialmarket design; evaluation of trading strategies; and functioning of equity,debt and commodity markets. He has presented his research at universities, Wall Street firms, academic conferences and regulatory bodies and published his work in major international financial and economics journals including the Journal of Finance. His work has been featured in industry publications, such as The CFA Digest, in text books, and in business press, including Wall Street Journal, Barron’s, Financial Times, Economist and Bloomberg News. He is currently involved with major consulting projects sponsored by Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC).

Dr. Venkataraman teaches courses in the area of investments and has received the Outstanding Teaching Award in the Cox MBA and COX BBA programs on numerous occasions. He has been named among “The Best 40 B-School Profs Under the Age of 40” in the 2011 Poets & Quants ranking of Business School professors.

Officers

Brad Pugh

Executive Director

Steven J. Menna

Secretary/Treasurer