Susan Cordes

Teachers Insurance & Annuity Association of America-College provides financial products and services. It offers retirement plans, mutual funds, annuities, life insurance, brokerage and trading services, managed accounts and education savings. The company was founded by Andrew Carnegie in 1918 and is headquartered in New York, NY.

Morgan Stanley & Co. LLC is a registered broker-dealer subsidiary of Morgan Stanley Domestic Holdings, Inc., ultimately owned by Morgan Stanley (NYSE: MS) in the US. Headquartered in New York City, the firm was founded in 1987 and provides debt and equity services including underwriting, M&A advice, securities dealing and brokerage and trade execution. Their client base ranges from large global institutional investors to hedge funds at the cutting edge of innovation in the industry.

TIAA Real Estate Account is an insurance company, which offers individual and group accumulating annuity contracts. It also offers individual lifetime and term-certain variable payout annuity contracts including the payment of death benefits to beneficiaries. The company was founded on February 22, 1995 and is headquartered in New York, NY.

The Partnership for New York City operates as a charitable organization. It is a network of business leaders and corporations working for the economic and cultural betterment of all five boroughs of the city. The firm provides networking opportunities, conducts research, participates in policy making and lobbies government. The company was founded by David Rockefeller in 2002 and is headquartered in New York, NY.

The Conference Board, Inc. is a membership organization working for the public interests. It creates and disseminates knowledge about management and the marketplace to help businesses in their performance and to better serve the society. The firm publishes information and analysis, makes economics-based forecasts and assesses trends, and facilitates learning by creating communities of interest that bring together senior executives from around the world. The company was founded in 1916 and is headquartered in New York, NY.

Daiwa Capital Markets America, Inc. (DCMA), formerly Daiwa Securities America, Inc., is an SEC-registered broker/dealer headquartered in New York City and was founded in 1964. The firm is a wholly-owned subsidiary of Daiwa Capital Markets America Holdings, Inc., itself a wholly-owned subsidiary of Daiwa Securities Capital Markets Co. Ltd., which is a subsidiary of Daiwa Securities Group, Inc. (TK: 8601), a Tokyo-based investment bank and broker/dealer. DCMA provides high quality investment data, analysis and research products to major U.S. institutional investors.

UBS AG's (NYSE: UBS) New York City-based wealth management arm is known as UBS Private Banking (US). The firm provides a range of customized wealth management products and services for private clients.

Greenwich Investment Management, Inc. (GIM) is an independent, SEC-registered investment advisor and wealth management firm headquartered in Norwalk, Connecticut. Founded in 1999, GIM provides tax-exempt bond strategy along with dividend-focused stock portfolio management to a sophisticated clientele — one that includes high-net-worth individuals and their families, financial executives, corporate directors, entrepreneurs and charitable institutions.

Donald Smith & Co., Inc. (DS&C) is an independent, SEC-registered investment advisor headquartered in New York City. The firm was founded in 1980 as Home Portfolio Advisors, Inc. The name and ownership of Home Portfolio Advisors, Inc. was changed to its present form in 1983, when it was purchased by Donald G. Smith, President and Founder. DS&C manages value equity accounts for large institutions.

Nuveen Asset Management LLC (NAM) is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 2011 and is a subsidiary of Nuveen Fund Advisors LLC, which is ultimately owned by TIAA Board of Governors. NAM provides investment advisory and sub-advisory services to a broad range of individual and institutional clients, such as open-end and closed-end investment companies and other pooled investment vehicles.

UBS SDIC Fund Management Co., Ltd. (UBS SDIC) is an investment management subsidiary of SDIC Taikang Trust Co., Ltd., itself an indirect subsidiary of SDIC Capital Co., Ltd. (SHA: 600061), a public firm owned by the Government of China. UBS SDIC was founded in 2002 by five Chinese investment trust and securities companies. Formerly known as China Dragon Fund Management Co., the firm was restructured into a joint venture in 2005 and shareholders officially changed to SDIC TAIKANG Trust Co., Ltd. and UBS AG, with shareholding proportion of 51 and 49 percent respectively. Headquartered in Shenzhen, the firm has additional offices in Shanghai and Beijing. UBS SDIC provides financial advisory and wealth management services, managing discretionary portfolios and mutual funds primarily for Chinese clients. The firm's culture combines local expertise with the global asset management capabilities of UBS.

Founded in 1999, Credit Suisse Asset Management LLC (CSAM) is a registered investment advisor headquartered in New York City. The firm is an indirect wholly-owned subsidiary of Credit Suisse Group AG (NYSE: CS), a publicly owned foreign bank holding company based in Switzerland.

Teachers Advisors LLC (TAL) is a SEC-registered investment advisor headquartered in New York City. The firm was founded in 1993 and formerly known as Teachers Advisors, Inc. They are a subsidiary of Nuveen Finance LLC, ultimately owned by TIAA Board of Governors. TAL provides services to individual and institutional separately managed account clients primarily through investment advisory programs such as wrap-fee and dual contract arrangements, and Exchange Traded Funds. On occasion, the firm provides portfolio recommendations to sponsors of unit investment trusts which are sold by the sponsor through broker-dealers and other firms.

Columbus Hill Capital Management LP (Columbus Hill) is an independent SEC-registered investment advisor and hedge fund manager headquartered in Short Hills, New Jersey. The firm was founded by Kevin Eng in 2006. Columbus Hill provides investment management and advisory services to certain private investment funds.

SWS Capital Management LLC (SWSCM) is a SEC-registered investment advisor headquartered in New York City. The firm was founded by Christopher Williams in 2002 as Williams Capital Management LLC. They are a wholly owned subsidiary of Shank Williams Cisneros LLC. SWSCM provides discretionary fixed-income investment advisory services to institutional clients through separate accounts.

Cornell University is an educational institution that offers undergraduate and post graduate programs. It was founded in 1865 and is based in Ithaca, NY.

Fordham University provides college and university. It offers undergraduate colleges and graduate & professional schools. The company was founded in 1841 and is headquartered in Bronx, NY.

New York Life Insurance Co. engages in the provision of insurance products and services. It offers life insurance, retirement income, long term care, investments, and premier services. The company was founded on April 12, 1845 and is headquartered in New York, NY.

Founded in 2000, Rafferty Capital Markets LLC (RCM) is a diversified broker/dealer that specializes in institutional securities. The firm is located in Garden City, New York and also has offices in New York City and Los Angeles. RCM provides brokerage services in a variety of products including U.S. Treasury debt, U.S. Agency debt, corporate debt, equities and municipal debt. The firm also provides distributor services to the mutual fund industry. RCM's US Treasury/Agency brokerage services are based on a voice brokering platform that focuses on providing fixed-income traders with the ability to buy and sell large blocks of U.S. Treasury securities at a single price either through outright purchases/sales or through intra market yield curve swaps. The firm's customers include almost all of the primary dealers and banks. RCM's corporate bond coverage includes investment grade, crossover and high yield corporate bonds. The firm provides market quotes and execution in all maturities and all sectors, throughout the entire yield curve. The firm also participates in the repurchase agreement market. RCM's penetration into the repo market includes Treasury and Agency O/N, term, mortgage, corporate and specials trading. RCM's equity trading desk specializes in executing institutional orders on all of the primary exchanges and ECNs. The firm also provides traditional prime brokerage services to hedge funds, trading groups, money managers and investment advisors through their RCM Prime division. RCM provides distribution services to mutual fund families with a broad array of investment portfolios. The firm provides access to the FundServ System as a member of NSCC in coordination with a fund's Transfer Agent/Custodian. They underwrite mutual fund shares in all 50 states. RCM also executes broker/dealer selling agreements, provides registered principal review of fund marketing materials, files marketing materials with the NASD and assists with the registration of funds and/or investor advisor registered representatives under the firm's broker/dealer license.

JPMorgan Investment Management, Inc. (JPMIM) is a global, SEC-registered investment advisor headquartered in New York City. The firm was founded in 2000 as the result of Chase Manhattan's purchase of Robert Fleming Holdings and the subsequent merger of Chase and JPMorgan. In January 2010, JPMorgan Investment Advisors merged into JP Morgan Investment Management. JPMIM is a subsidiary of JPMorgan Asset Management Holdings, Inc., ultimately owned by JPMorgan Chase & Co. (NYSE: JPM). The firm primarily provides investment advisory services to both US and non-US institutional and retail clients.

Sanford C. Bernstein & Co. LLC is a registered broker-dealer headquartered in New York City. The firm was founded in 1967 and is a subsidiary of Alliance Capital Management LLC, ultimately held by Equitable Holdings, Inc. (NYSE: EQH). Sanford C. Bernstein & Co. provides trading and executions services to their clients.