Stephen P. Casper

BNPP AM USA manages both long-only and long-short fixed income portfolios, multi-currency portfolios and equity portfolios. The firm's investment approach centers on taking a series of diversified, often uncorrelated positions that balance currency and interest-rate risks around specified performance benchmarks. Global fixed-income portfolios are constructed using sovereign debt and currencies and, guidelines permitting, corporate bonds, structured securities, and emerging market investments. BNPP AM USA may use futures and various other derivatives (such as interest rate swaps, credit default swaps and currency forwards) in the management of fixed-income portfolios, as appropriate. These instruments are used to take or hedge existing positions and as a substitute for the cash market when the synthetic alternatives are deemed more efficient. Fixed Income CIO has oversight responsibility for all activities relating to the management and performance of BNPP AM USA's fixed income investment teams, products and portfolios. The firm's other strategies include Equity, Liquidity Solutions, Multi-Asset Solutions, and Smart beta and Quant.

TRG Management LP ("TRG," d/b/a The Rohatyn Group) is a leading, specialized asset management firm focused exclusively on investing in emerging markets. Founded by Nicolas Rohatyn in 2002, TRG is comprised of senior professionals with extensive experience in the emerging and global markets over many economic cycles. TRG has constructed a full-range of emerging market investment strategies designed to deliver attractive, risk-adjusted returns for investors with a long-term perspective. The firm offers multiple products across asset classes and investment approaches, including hedge funds, fixed income, and private market strategies.