Dr. Robert Smith is Chief Executive Officer and oversees firm management, planning, and product creation as well as responsibility for and communication of the firm's global and domestic economic outlook as a member of the firm's Investment Committee. He was appointed by the New York State Senate to serve as a voting member of the board of the New York Health Foundation. He is a former board member of the Nassau County Interim Finance Authority (NIFA). He recently completed a twenty-five year tenure as a member of the New York State Comptroller's Investment Advisory Committee for State Pension Funds (Common Fund) and is the retired 'lead' director and chairman of the Audit Committee for the former Guardian Insurance Family of Mutual Funds.

Robert G. Smith, Ph.D.
Founder and Chairman

Matthew Smith chairs the investment efforts of SAC across all portfolio products, developing the firm's market strategies and identifying appropriate investments. He has been a member of the Investment Committee since 1998 and its chairman since 2006. He is specifically responsible for the management of SAC's Enhanced Fixed Income product line as well as the development of socially sensitive strategies. Prior to joining SAC in 1994, Matthew served as a strategist for the Rock & Roll Hall of Fame in Cleveland, OH. He is an affiliate member of the New York Society of Security Analysts and received his MA/CNM degree/certification in US Social Economic Policy and Nonprofit Management from the Weatherhead School of Management at Case Western Reserve University.

Matthew J. Smith
President
Chief Investment Officer Portfolio Manager,
Enhanced Fixed Investments

John Jenney joined SAC in 1993 and is responsible for the management of the firm's taxable CashPlus, Low Duration, and Intermediate Fixed Income product lines. He has more than 33 years of experience in primary government institutional trading and investment management with expertise in taxable fixed income strategies. John received a BS in Economics from the State University of New York.

John A. Jenney
Vice President
Portfolio Manager, Taxable Investments

Paul Matus joined SAC in 1999 as Vice President and Director of Tax-Exempt Investments. He is responsible for the management of the firm's tax-exempt portfolios and is a member of the Investment Committee. Prior to joining SAC, Paul spent 12 years with Merrill Lynch and Co.'s Defined Asset Funds, both as Assistant Vice President of its Research Department and Vice President of its Buying/Private Placement Department. He earned an MBA in Finance from New York University.

Paul J. Matus
Vice President
Portfolio Manager, Tax-Exempt Investments

Erwin Tonogbanua joined SAC in 1997, became a portfolio manager in 2005, and a member of the firm's Investment Committee in 2006. He is responsible for the management of SAC's Limited Duration and Municipal accounts as well as the support of the firm's reporting and analytic systems. Erwin earned his BS in Finance and International Business from New York University.

Erwin Tonogbanua
Portfolio Manager,
Tax-Exempt Investments

Jiang Peng joined SAC in 2002 and became a member of the firm's Investment Committee in 2003. He is responsible for the management of SAC's Core Fixed Income accounts as well as the support of the firm's compliance with client investment objectives, asset allocation, and performance variance for all of our strategy composites. Prior to joining SAC, Jiang accrued over eight years of experience in analytic and credit analysis, including five years with Ryan Labs, Inc. He is a member of the CFA Institute and the New York Society of Security Analysts. He earned his MA in Economics at the City University of New York.

Jiang Peng, CFA
Portfolio Manager
Performance Analytics/ Credit Research