J. Paschal Brooks III, CFA, is the Portfolio Manager of the Fund, a role in which he has served since 2011, and is responsible for investment decisions, investor relations activities and marketing to reinsurance purchasers. Prior to this role, he was a Vice President on the insurance structured finance desk within the investment banking division of Goldman, Sachs & Co. from 2006 to 2011. In this position, he advised insurance companies on risk securitization transactions including catastrophe bonds, sidecars and embedded value securitizations. Prior to this role, he was a research analyst at Alleghany Corporation from 2003 to 2006, where he evaluated investment opportunities in public and private markets across a range of industries. Prior to this role, he was an analyst in the financial institutions group of the investment banking division of Goldman, Sachs & Co. from 2000 to 2003. He has a B.S. in economics from Duke University where he graduated in 2000 and is a CFA charterholder.