Ted, who joined TAG in 2006, is a Director and Associate Portfolio Manager of the TAG Relative Value Fund. Ted focuses on manager research, portfolio construction and risk management. This includes sector allocation analysis and manager selection along with the maintenance of TAG's proprietary database. Ted has 21 years of hedge fund experience focusing on counterparty credit risk management and absolute return strategies. He began his hedge fund career at Lehman Brothers in 1997 where he was responsible for managing credit relationships with hedge fund managers, supporting sales/trading desk efforts with those managers by setting credit limits, approving trades, and determining trade terms. Ted continued in this capacity at Chase Manhattan Bank and Deutsche Bank through 2002, when he joined Citigroup's fund-of-funds group. From 2002 to 2006, Ted performed manager due diligence, research and risk management functions, becoming a senior analyst on the credit/event driven strategies team. From 1990 to 1997, he was a counter party credit risk analyst focusing on bank and non-bank financial institutions at the Federal Reserve Bank of New York and the Australia and New Zealand Banking Group. He is a member of TAG's Investment Committee.