Acadian Asset Management LLC - Management Team

Ronald D. Frashure
Churchill G. Franklin
John R. Chisholm
Ross Dowd
Mark J. Minichiello
Hunter B. Smith
Brendan O. Bradley
Laurent De Greef

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Acadian Asset Management

	Ronald D. Frashure, CFA, CEO and Chairman Ron has been with Acadian since 1988 and has over 35 years of investment experience including 17 years at Putnam as Director of Asset Allocation. Widely published on financial topics, Ron is a graduate of MIT and Harvard Business School.
	John R. Chisholm, CFA, Executive Vice President and CIO John joined Acadian in 1987 and as CIO is responsible for oversight of portfolio management and research efforts. Formerly a systems engineer at Draper Laboratories and an analyst for State Street Bank and Trust, he holds a BS and an MBA from MIT.
	Churchill G. Franklin, Executive Vice President and COO Churchill joined Acadian in 1986 and is responsible for all marketing and client service. He is a former assistant treasurer of Thermo Electron Corporation. A graduate of Middlebury College, he serves on the college’s investment committee and was previously Chair of the Board. Churchill will become Acadian's CEO as of January 1, 2013.
	Ross Dowd, Senior Vice President and Head of Global Marketing Ross joined Acadian in 2004 and is the Head of Global Marketing, managing Acadian’s combined global client service and marketing effort. He is also a member of the Acadian Executive Committee. Ross holds an MBA from the University of Chicago and a BA from the University of California.
	Mark J. Minichiello, Chief Financial Officer Mark is responsible for oversight of financial accounting and reporting, human resources, compliance and risk management, and other corporate functions. He joined Acadian in 2000 after roles at United Asset Management and Old Mutual. He holds a BS in accounting from the University of Massachusetts.
	Hunter B. Smith, Chief Technology Officer Hunter Smith joined Acadian in 2006 and is responsible for all aspects of information technology including software development and systems infrastructure. His prior experience includes senior technology roles at Plymouth Rock Assurance and MFS Investment Management. Hunter holds a degree in Computer Science from Dartmouth College.
	Brendan O. Bradley, Ph.D., Senior Vice President and Director, Managed Volatility Strategies Brendan joined Acadian in September 2004 and was made Director of Managed Volatility Strategies in 2010. His background includes experience as a research analyst at Samuelson Portfolio Strategies. Brendan holds a B.A. in Physics from Boston College and a Ph.D. in Applied Mathematics from Boston University.
	Laurent De Greef, CFA, Managing Director, Acadian UK Laurent joined Acadian in 2006 and is responsible for AAM-UK’s European Marketing and Client Service efforts. He is a former professor of finance at the Cooremans Institute and Vlekho Business School in Brussels. He earned his commercial engineering degree from the Solvay Business School (Universite Libre de Bruxelles).

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