Christopher M. Kehoe is the Chief Investment Officer of The Scion Group LLC, a family investment office. Chris manages the family's traditional and alternative investment portfolios. His role encompasses investment strategy, asset allocation, manager search and selection, performance evaluation and client education. Prior to joining The Scion Group LLC in 1997, Chris managed a performance analytics group at Alliance Capital and subsequently performed a similar role at US Trust.

In 2004 Chris founded the Ben Graham Committee for Value Investing at the New York Society of Security Analysts' (NYSSA) and has since been actively involved in creating programming that furthers the principles of value investing. Most recently he has led the creation of the Value Investing Archive at NYSSA and is actively seeking materials for inclusion in the Archive. He also co-founded the Private Wealth Management Committee at NYSSA. As a member of NYSSA's Corporate Governance Committee he was an active participant in the creation of the Corporate Governance Handbook, a resource for securities analysts and portfolio managers highlighting critical issues in corporate governance. He is a past recipient of NYSSA's Volunteer of the Year Award for 2000, 2002 and 2006. He is a member of the CFA Institute and served on its Private Client Task Force from 2000-2002. Chris has also served on the Advisory Faculty of the Institute for Private Investors (2001-2003), an organization that provides educational and networking resources to high net worth investors and their advisors.

Chris received his Bachelors degree cum laude from Bernard M. Baruch College and his MBA from the Lubin School of Business at Pace University. He was awarded the CFA designation in 1996.

Mark Kingdon, President and Founder of Kingdon Capital Management, is the firm's chief Portfolio Manager and strategist. He has been a General Partner of Kingdon Associates and Kingdon Partners since their inception in April 1983, a General Partner of Kingdon Family Partnership since its inception in July 1993 and has managed M. Kingdon Offshore Ltd. since its inception in March 1986. Mark has over 33 years of investment experience. Prior to founding Kingdon Capital in 1983, Mark was a General Partner with Century Capital Associates, an institutional asset management firm. From 1973 to 1975 he was a Pension Fund Administrator for American Telephone & Telegraph Co.

Mark received a BA in Economics Phi Beta Kappa from Columbia College in 1971 and an MBA from Harvard Business School in 1973. He serves on the boards of Columbia University, the Harlem Children's Zone, the New York City Police Foundation, and the Academy of Political Science. He is the 2003 recipient of the Institutional Investor/Alternative Investment News Lifetime Achievement Award and the 2005 recipient of the Columbia University John Jay Award for distinguished professional achievement.

Bill Miller is one of today's most renowned professional money managers. He is Chairman and Chief Investment Officer of Legg Mason Capital Management, Inc. and leads a team that manages $67.9 billion of assets as of 12/31/06.

Bill Miller currently manages the Value Trust and Opportunity Trust mutual funds. Legg Mason Value Trust is the only mutual fund to outperform the S&P 500 for 15 consecutive calendar years (1991 - 2005)(1). Over the years, Bill Miller and his team have received numerous accolades for their management record and distinct style, which focuses on a detailed understanding of businesses and their intrinsic value.

His unique investment management philosophy and approach to undervalued stocks has also made him the subject of profiles in numerous books as well as publications, including The New York Times, Barron's, Business Week, Kiplinger's, Money, The Wall Street Journal, Fortune, and Smart Money.

He was ranked among the top 30 most influential people in investing when he was named a member of the "Power 30" by SmartMoney. He was also named by Money magazine as "The Greatest Money Manager of the 1990's" and named Morningstar's 1998 "Domestic Equity Manager of the Year." In 1999, he was selected as the "Fund Manager of the Decade" by Morningstar.com. Also in 1999, Barron's named him to its All-Century Investment Team in 1999 and BusinessWeek called him one of the "Heroes of Value Investing."(2)

Mr. Miller assumed overall responsibility for the equity funds management area of Legg Mason in late 1990. Prior to this time, he co-managed (with Ernie Kiehne) the Legg Mason Value Trust from its inception in 1982. He was the director of research of Legg Mason from October 1981 through June 1985. He earned his economics degree from Washington and Lee University where he graduated with honors in 1972. Subsequent to graduation, he served as a military intelligence officer overseas and then pursued graduate studies in philosophy in the Ph.D. program at The Johns Hopkins University. Prior to joining Legg Mason in 1981, he served as treasurer of the J.E. Baker Company, a major manufacturer of products for the steel and cement industries. Bill received his CFA designation in 1986.

Mr. Miller currently serves as Chairman on the Board of Trustees of the Santa Fe Institute, one of the world's leading scientific research laboratories, which conducts multi-disciplinary research in complex systems theory.

(1) Past performance does not guarantee future results. The Value Trust’s inception date is April 16, 1982. The fund’s 1-, 5-, 10- and 15-year average annual total returns for the period ended 12/31/06 were 5.9%, 7.8%, 12.1%, and 14.6%, respectively. The S&P 500’s 1-, 5-, 10- and 15-year average annual total returns for the period ending 12/31/06 were 15.8%, 6.2%, 8.4% and 10.6%, respectively. The investment return and principal value of the fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Calculations assume reinvestment of dividends and capital gain distributions. Performance would have been lower if fees had not been waived in various periods. The S&P 500 is an unmanaged index of common stock prices that is generally considered representative of the U.S. stock market.

(2) Morningstar's award for "Domestic Equity Fund Manager of the Year 1998" recognizes portfolio managers who demonstrate excellent investment skill, the courage to differ from consensus, and the commitment to shareholders necessary to deliver outstanding long-term performance. Bill Miller received 56% of the analysts' vote in Morningstar.com's 1999 Poll in the "Fund Manager of the Decade" category. Thirty-four Morningstar.com analysts voted. Nominees in this category were selected based on their demonstration of investment skill, their courage to differ from consensus, and their commitment to shareholders necessary to deliver outstanding long-term performance. Bill Miller was named to Barron's Mutual Funds "All-Century Team" for his stock-picking skills. This is not an official ranking based on specific criteria. The selection was based solely on the opinion of Barron's Mutual Funds writing staff.