Constantia Capital's flagship strategy, Merger-Arbitrage www.MergerArbitrage.us, is a sound, liquid alternative to diversify the fixed-income allocation of any investor's balanced portfolio.* Manage operations of a start-up registered investment advisor, including state regulatory and GIPS-compliance, investment manager database reporting, website development, accounting, consultant relations, and back office procedures.* Market to institutional investment consultants, financial advisors, and asset managers.

• Arranged off-shore trades in large blocks of equities and eurobonds of the former Soviet Union between primarily Western hedge funds, but also local asset managers, in the emerging markets of Russia, Kazakhstan, and Ukraine.

Kiev, Ukraine 2003-2005• Analyzed the state of mortgage-related insurance in Ukraine, with a goal towards increasing access to housing credit for the general populace and supporting development of the State Mortgage Institution.• Managed financial, human resource, donor liaison, all administrative components of USAID and State Dept. technical and humanitarian assistance projects (combined staff of thirty), as well as smaller projects in environmental protection (EPA-funded) and HIV/AIDS research (NIH-funded).Russia, Moldova, Uzbekistan, Jordan 1998-2002• Consulted to a UNDP-funded Tashkent-based economic and social policy think tank on a self-sustainability strategy.• Advised on the recruitment of a strategic partner to develop the Aqaba (Jordan) Special Economic Zone and key strategic assets via a transparent selection process.• Directed assistance in privatization and reform of energy and telecommunications infrastructure including representing USAID to the highest levels of the Government of Moldova.For a Western-owned Moscow-based television broadcast client -• Prepared Strategic Operating Plans for Network Expansion to attract investment capital.Almaty, Kazakhstan 1997-1998For a Western petroleum exploration and production (E&P) client -• Prepared Business Plan and Feasibility Study for construction of a new railroad transshipment terminal of petroleum products on Kazakhstan’s border with China.• Evaluated financial and operational feasibility of establishing a railway freight forwarding subsidiary company for annual transport of 4,000,000 tons of crude and petroleum products.For a start-up venture capital client -.• Prepared ‘road show’ investment memoranda to attract institutional investors world-wide.

• Managed the investment valuation, deal structuring, credit and venture monitoring functions for the Kazakhstan division of the five country, $150 million venture capital fund.• Supervised investment analysts, joint venture financial controllers, and legal counsel through all stages of investment management: deal prospecting, business plan assessment, negotiation of terms, presentation to Fund’s Board of Directors, and post-closing, on-going monitoring.• Trained local Kazakhstani SME consulting firms on comprehensive business plan preparation aimed at raising start-up funding.• Trained investees’ chief accountants on GAAP/IAS accounting fundamentals and conversion from Kazakh statutory accounting.

• Managed ‘Small Scale’ Privatization throughout Northern Kazakhstan. Supervised 20 consultants, translators, and administrative staff in working with national and local government officials, enterprise directors, and workers’ collective to implement privatization transactions.

Financial Consultant, Corporate Planning/Acquisitions 1993 to 1994• Developed German subsidiary’s 1994 Business Plan from base operating and financial fundamentals. • Assisted Corporate Planning Director in several international projects including Human Resource analysis for post-NAFTA Mexico expansion, proposals to Venezuelan beverage distributor, etc.• Evaluated potential acquisition candidates on after-tax cash flow (e.g. net present value, internal rate of return), financial accounting (e.g. return on equity), and strategic fit criteria in both the Commercial Leasing and Student Transportation Divisions. Financial Consultant, Product Pricing and Analysis 1992 to 1993* Supervised 3 financial analysts (MBAs) in the full range of departmental responsibilities.* Priced uniquely structured leases which passed tax ownership of vehicles to lessee, while retaining financial accounting ownership for Ryder. Assisted field sales force in presenting such customized leases to potential customers, their accountants and financial advisors.Senior Financial Analyst, Product Pricing and Analysis 1991 to 1992• Used Internal Rate of Return (IRR) technique in cash-flow based methodology of developing price quotes to large commercial customers in various industries.

Load Management Engineer, Energy Management 1987 to 1989• Directed the design of a new, corporate, interactive customer service system by supervising and integrating the efforts of a multi-disciplinary cross section of internal departments and external vendors. Worked closely with diverse utility functional areas including power systems planning, load research and forecasting, rate and revenue regulation, transmission and distribution operations, customer service and metering, MIS, as well as software and hardware suppliers.• Trained as a Quality Improvement Team Leader at FP&L, first U.S. winner of the coveted Deming Prize awarded by the Japanese Union of Scientists and Engineers (JUSE).Project Management Engineer, Energy Management 1985 to 1986• Prepared capital budget requests for major projects. Worked closely with Accounting and Purchasing Departments regarding accelerated cost recovery from ratepayers (consumers) under special state and federal regulatory accounting treatment. Systems Engineer, Information Services 1981 to 1985