LP Institutional, Inc. is an Independently Held Consulting Firm – formerly LP Solutions• Met with over 150 respected asset owners globally for mutual knowledge sharing sessions• Cross Asset Solutions Provider• Serial Connector

• Orchestrated the turn around of an inefficient and underperforming $17.6 billion plan and helped grow assets to approximately $30 billion by restructuring all portfolios and outperforming the policy index by 117 basis points annually• Co-managed and mentored a 17-person investment team allocating and investing across asset classes, including: private equity, real assets, hedge funds, public equities and fixed income• One of three voting members for the Plan’s Internal Investment Committee• Designed and built a quantitative tactical portfolio overlay – Smart Rebalancing Program - which generated nearly $400 million in alpha over a three year period• Restructured the equity portfolio by reducing the number of managers, concentrating active management in inefficient areas and produced a 200 basis point annual outperformance yielding over $500 million in alpha • Restructured the investment group into specialist teams, based on their backgrounds and perceived areas of competence and empowered teams to trust their own analysis, reducing reliance on consultant recommendations• Responsible for negotiating fees, structures and terms across all investment classes, including commingled, separate accounts and funds-of-one. • Created a 5% opportunistic allocation designed to capitalize on capital market dislocations in 2008 and other inter-market dislocations post 2008• Spearheaded and directed a firm-wide AOI initiative entailing the re-negotiation/re-structuring of fees and legal terms across asset classes, in pooled, separate accounts, seed deals and funds-of-one, saving URS over $250 million by integrating performance hurdles, slashing management fees, instituting claw-backs and deferring incentive fees • Spearheaded and built consensus among the board to transition URS’ external private equity program in-house as a way to improve control and lower costs• Secured board support to launch a global initiative to improve the balance of power for investors

• Promoted from Portfolio Manager of Alternative Assets to Director of Absolute Return and ultimately Managing Director of External Public Markets• One of four Managing Directors reporting to the Chief Investment Officer• Took the lead in implementing the external manager initiative, transitioning the fund from less than 10% to nearly 80% allocated to outside managers• Built out and recruited a 10 person External Public Markets investment team and overhauled/upgraded the policies and operating procedures for the Private and Public markets external division• Designed, directed and managed a $30 billion plus portfolio of actively managed traditional and non-traditional equity and fixed income managers and funds• Devised a due diligence team structure, which integrated the internal and external investment teams, both private and public, which maximized resources, fostered a huge informational advantage and mitigated silos • Sourced hedge fund managers to create less expensive long-only versions of their long/short strategies• Introduced, integrated and enforced a risk transparency platform utilizing RiskMetrics and then Bear Measurerisk both at no cost to TRS• Orchestrated the integration and education of the Plan’s non-discretionary alternative advisers as well as the Plan’s overall investment consultant. Worked with Hamilton Lane, Pathway and other private mkt specialists.• Developed a comprehensive investment policy statement and procedures document for evaluating and investing in external public market managers and funds. Developed a customized scorecard for monitoring managers and drafted exhaustive DDQ’s for both private and public markets to screen managers• Sourced, conducted due diligence and negotiated contract to retain a technology provider to build out firm-wide CRM, Risk, data warehouse, and comprehensive asset class dashboard at little to no cost to TRS

Rohden Capital Management, Inc. was registered with the State of Illinois and the SEC as a Registered Investment Adviser. Its sister corporation, Rohden Funds Management, Inc. was organized in 1992. The investor base consisted primarily of high net worth and ultra high net worth individuals, family offices and multi-family offices.• Personally oversaw a Tactical Asset Allocation strategy in the equity and bond markets• Managed the Rohden Opportunity Fund investing across the capital structure including stocks, bonds, commodities and their derivative instruments• Clients included institutional as well as HNW investors via separate accounts and pooled investment vehicles