Ronald A. Lake has been the co-portfolio manager of the LASSO strategy and the Fund since inception.  He is the Co-Chairman and President of Lake Partners, which he co-founded in 1989.  Mr. Lake is editor-in-chief of Evaluating and Implementing Hedge Fund Strategies.  He has over 25 years of investment experience.  At Lake Partners, he is responsible for asset allocation, investment strategy and supervision of multi-manager programs focusing on alternative investments, or integrating alternative and traditional investments. Mr. Lake received a BA from Harvard University and an MCRP in public policy from Harvard University.