William Jeter Michaelcheck

Mariner Investment Group LLC (MIG) is a SEC-registered investment advisor and alternative investment management firm headquartered in Harrison, New York. The firm was founded in 1992 by William Michaelcheck and is a wholly-owned subsidiary of MIG Holdings LLC which acquired them in 2007. They are ultimately held by ORIX Corp. (NYSE: IX; TYO: 8591) in Japan. MIG discretionary portfolio management and advisory services to institutional clients which are primarily privately offered pooled investment vehicles and, to a lesser extent, insurance companies, endowments, foundations and plan sponsors via managed account agreements. The firm is a socially responsible investor and signatory to the United Nations-supported Principles for Responsible Investment (UNPRI).

NYMAGIC, Inc. is a holding company which owns and operates insurance companies, risk bearing entities and insurance underwriters and managers. Its subsidaries include Marine And General Insurance Company (“New York Marine”), Gotham Insurance Company (“Gotham”) and Southwest Marine And General Insurance Company, which was formerly known as Arizona Marine and General Insurance Company (“Southwest Marine”). The company was founded in 1989 and is headquartered in New York, NY.

Laser Mortgage Management, Inc. engaged to create and manage an investment portfolion of primarily mortgage-backed securities and mortgage loans that in combination with financing and hedging activities, would generage income for distribution. The mortgage-backed securities included mortgage pass-through certificates, collateralized mortgage obligations, other securities representing interests in, or obligations backed by, pools of mortgage loans and mortgage derivatives securities. The company was founded on May 1, 2001 and is headquartered in New York, NY.

Bear Stearns Cos., Inc. provides investment banking, securities trading and brokerage services. Their clients include corporations, institutions, governments and individuals. They are engaged in segments that encompass capital markets, wealth management and global clearing services. The company was founded in 1923 and is headquartered in New York, NY.

Bear, Stearns & Co., Inc. is a global investment banking, securities trading and brokerage firm located in New York City with additional offices in Dallas, Boston and San Francisco. The firm is a subsidiary Bear Sterns Cos., Inc. (NYSE: BSC). Their equity research team consists of senior analysts located throughout the world. In addition to domestic coverage, they have research teams focusing on Latin America, Asia and Europe. The analysts use a bottom-up approach to stock selection. The Bear Stearns fixed-income research department provides coverage of every sector of the fixed-income universe. The financial analytics and structured transactions group (F.A.S.T) provides investment research, fixed-income portfolio management and analytical systems, trading technology and general financial expertise. The group also provides a broad range of services to financial institutions including asset-liability management, balance sheet restructuring, receivables-based financing analysis, security and portfolio analysis, peer analysis, and historical and real-time market-based information.