Advisory Director at Morgan Stanley (in New York City). Mac Caputo currently serves as a member of the Board of Visitors, the Capital Campaign Executive Committee, the Business Advisory Council of the Law School, the Basketball Arena Executive Committee, the Jefferson Scholars Foundation National Advisory Board and has previously served on various other University boards and committees. Mac has been with Morgan Stanley in New York City for 35 years where he has had senior management responsibility for several of the Firm's large businesses and now serves as an Advisory Director. Mac has served on boards of various Morgan Stanley affiliates, The Episcopal School of New York, Pace University, was Chairman of the Brunswick School Board of Trustees in Greenwich, Connecticut and is a member of the Board of Trustees at Union Settlement in New York.

Mac is a 1963 graduate of the College where he was involved in numerous undergraduate activities and is also a 1966 graduate of the Law School. He and his wife, Ellen, live in Greenwich, Connecticut and have two sons: Mac (UVA 2002 College, UVA 2003 masters degree, UVA 2009 Law School) and Scott (UVA 2005 College).

Executive Vice President and Chief Operating Officer of the University of Virginia and Chief Financial Officer of the Board of Visitors of the University of Virginia. Leonard W. Sandridge is executive vice president and chief operating officer of the University of Virginia, a title he assumed in November 1999. He has served since 1990 in that role, with similar titles, as a member of President John T. Casteen, III's senior cabinet. He oversees operations of all non-academic support areas at the University, including the architect for the university, athletics, student affairs, management and budget, finance, human resources, emergency preparedness, police, and compliance, as well as the financial and managerial oversight of the Health System.

Sandridge joined the U.Va. administration in 1967 as a member of the internal audit staff. He later was assistant to the University comptroller (1970-75), treasurer (1975-77), and director of the budget from 1977 until December 1981, when he was selected to oversee budget and planning activities for the University. He was appointed to the additional post of executive assistant to the president in 1986 and held both positions until being named vice president for business and finance in September 1989. In 1990 he was named senior vice president and chief financial officer. In 1993 his position was expanded to executive vice president and chief financial officer, where he served until his most recent promotion.

STEVEN R. BERGER

Managing Partner of Adamas Partners, an absolute return fund-of-funds for endowment and high net worth investors. Prior to forming Adamas Partners in 2000, Mr. Berger was a Managing Director at Cambridge Associates where he was a specialist consultant on marketable alternative assets for endowments and foundations.

Mr. Berger holds a Bachelor of Arts degree from Princeton University, a JD from the University of Virginia Law School and an MBA from the Amos Tuck School of Business Administration at Dartmouth College.

Mr. Berger is a former Board Member of the Princeton University Investment Board, currently serves as Chairman of the Board of the Father Flanagan’s Trust Fund for Boys and Girls and is a member of the CareGroup Board of Managers' Investment Committee. He resides in Hingham, Massachusetts, is married and has two children, ages 13 and 11, respectively.

JERRY BIAS

Partner of Cyrus Capital Partners, Head of Trading. He was head trader and Partner at OZF Capital, the predecessor company in New York. Mr. Bias has over fifteen years of high yield/distressed debt trading experience. Prior to joining OZF Capital, Jerry was a Managing Director in the High Yield Trading department of JPMorgan Chase. In his fifteen plus years on Wall Street, Mr. Bias has worked for such firms as Merrill Lynch and Bank of America. He has experience trading in virtually every high yield/distressed sector in a leveraged debt trading capacity.

Mr. Bias is the Chairman of the Compensation Committee for UVIMCO.  Jerry is a former member of the Board of Managers for the Alumni Association of the University of Virginia. He is also a former member of the Board of Trustees of the McDonogh School, he is a former member of the Board of Directors for the Jefferson Scholars Foundation, Co-Founder of the Wall Street Friends Donor Fund and is a Life Time Member of the Children’s Aid Society Mentor Circle. He graduated from the University of Virginia with a B.A. in International Affairs. His wife, Lauren, is COO of Sugarleaf Vineyards and he has three sons: Samuel, Jackson and Jayden.

Co-Founder and Chairman of Sound Shore Management, Inc., a registered investment advisory firm in Greenwich, Connecticut. Mr. Burn received a Master's Degree from the Darden Graduate School of Business Administration at the University of Virginia in 1975, and a Bachelor of Arts in Economics in 1966 from the College. He is a CFA charterholder. Mr. Burn is the Chairman and a director of the Sound Shore Fund.  Mr. Burn is a member of the Board of Managers of the University of Virginia Alumni Association and the Jefferson Scholars Foundation. He serves on the Graduate Fellows Advisory Board and on the Selection Committee for the Jefferson Graduate Fellowship Program and the Executive Committee for the New York Harbor School.

Managing Director of Private Equity, Harvard Management Company, Inc. Prior to joining Harvard Management Company, Peter worked at Cambridge Associates and Liberty Mutual Insurance Company. He received a Masters in Business Administration from the Darden School at the University of Virginia, and a Bachelor of Arts in Economics from Harvard University. Harvard Management Company is a wholly owned subsidiary of Harvard University, founded in 1974 to manage the University's endowment, pension funds and trusts. As of the end of fiscal year 2007, the endowment was valued at approximately $34.9 billion. Peter is married with three children and lives in Medfield, Massachusetts.

AUSTIN LIGON

Co-founder and retired chief executive officer of CarMax, Inc.  He retired in June 2006.  Austin initially served as senior vice president, automotive for Circuit City and became president of CarMax in 1995.  He led the company through its IPO as a tracking stock of Circuit City in 1997 and became chief executive officer upon the spin-off of CarMax from Circuit City in 2002.  He also served as senior vice president of corporate planning for Circuit City from 1991 to 1995.  Austin came to Circuit City from Marriott Corporation where he had been senior vice president of strategic planning for Marriott Hotels and Resorts.  He was previously a senior consultant for the Boston Consulting Group in London, England, from 1980 to 1983 and an independent financial consultant to several international companies in Bangkok, Thailand, from 1983 to 1984.  Before attending Yale School of Management, he worked as a health economist in Dallas and San Antonio from 1976 to 1978, and was a Teaching Fellow in economics at the University of Texas, Austin from 1973 to 1976.

He has been a board member of the Center for Talented Youth (CTY) at Johns Hopkins University for the last seven years,  as well as serving the Maggie L. Walker Governor’s School Renovation Foundation.  He is also a board member of  the Yale School of Management Advisory Board, the University of Virginia Board of Visitors,  St. John’s College (Annapolis and Santa Fe) Board of Governors,  and  the Virginia Commonwealth University Business School Foundation.

Austin earned a B.A. in 1973 with special honors (Economics and Government) in the Plan II Honors program at the University of Texas at Austin, where he was elected to Phi Beta Kappa.  He also studied as an exchange student at the Pontifical Catholic University in Lima, Peru in 1972-73.  He subsequently earned his M.A. in Economics in 1978 from the University of Texas, and an M.B.A. in 1980 from the Yale School of Management.  He is married to Samornmitr Lamsam, a native of Thailand; they have three children.

Chief Operating Officer of Tudor Investment Corporation, Co-Chairman of the Firm's Management Committee. Prior to joining Tudor in 1998, Mr. Macfarlane worked at Salomon Brothers for eighteen years where he served as Treasurer from 1989 to 1996 and as Managing Director of several of the Firm's Fixed Income Trading Businesses. Mr. Macfarlane has also served as Chairman of the Public Securities Association Funding Committee and on the Board of Directors of the Government Securities Clearing Corporation (GSCC) where he served as Chairman from 1994 to 1996.

Mr. Macfarlane earned a B.A. in Classical Studies in 1976 from Hampden-Sydney College where he was a Baker Scholar and a M.B.A. from The Darden School at the University of Virginia in 1979. In 1989, Mr. Macfarlane received Darden's Rosenthal Fellowship for innovation in the field of Finance.

Mr. Macfarlane served as Chairman of the Board of Trustees for Brunswick School in Greenwich, Connecticut,  from 2001 to 2006 and  is Chairman of  the University of Virginia's Darden School Foundation. He lives in Connecticut with his wife and three sons.

Founding Partner of Saunders Karp & Megrue (a private equity firm with offices in New York and Connecticut). Mr. Saunders received his BS from the Virginia Military Institute in 1958 and an MBA from the University of Virginia Darden School in 1967. He serves on a number of boards, but he has been particularly interested in higher education and other research institutions and has contributed generously to them. He has been a member of the Board of Visitors of the Virginia Military Institute, current Chairman of the Board of the Thomas Jefferson Memorial Foundation, and was Co-Chair of the recently completed Capital Campaign at the University of Virginia.

Principal of Absolute Return at The Investment Fund for Foundations (TIFF). Ms. Scherago is involved in all aspects of TIFFs alternative investments practice, with a focus on absolute return-oriented investing. Prior to joining TIFF in 1998, Ms. Scherago was employed by Howard Hughes Medical Institute (HHMI), where she was managing director of private investments and oversaw a private investment portfolio of approximately $1.2 billion. Prior to her decade of service to HHMI, Ms. Scherago was employed by the investment banking firms Alex, Brown & Sons and Lehman Brothers Kuhn Loeb.

She holds a MBA from the Darden School at the University of Virginia and a BA from Smith College. She is a Chartered Financial Analyst. Ms. Scherago serves on the investment committee of Smith College and on the finance committee of the Children's Inn at the National Institute for Health (MD).