Pension Fund

Head of International Sales and Client Services

Steven M. Cress is a Senior Vice President at Northern Trust - London. Steve is the Head of International Sales and Client Services for Northern Trust Global Investments ("NTGI") Limited, the asset management arm of Northern Trust. Steve is responsible for client services and the continued growth and development of Northern Trust's investment business in Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC").

Steve brings approximately 22 years of investment and management expertise and joined Northern Trust in August 2007 as Head of International Sales and Client Services. Previously, Steve had been employed by Morgan Stanley for 14 years in a number of roles ranging from the Head of Quantitative Proprietary Trading to Sales and Client consulting to international trading. Steve also worked at Arnhold & S. Bleichroeder and Prudential in Institutional Equity Sales and as a Senior equity research analyst, respectively.

Head of International Sales and Client Services

Steven M. Cress is a Senior Vice President at Northern Trust - London. Steve is the Head of International Sales and Client Services for Northern Trust Global Investments ("NTGI") Limited, the asset management arm of Northern Trust. Steve is responsible for client services and the continued growth and development of Northern Trust's investment business in Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC").

Steve brings approximately 22 years of investment and management expertise and joined Northern Trust in August 2007 as Head of International Sales and Client Services. Previously, Steve had been employed by Morgan Stanley for 14 years in a number of roles ranging from the Head of Quantitative Proprietary Trading to Sales and Client consulting to international trading. Steve also worked at Arnhold & S. Bleichroeder and Prudential in Institutional Equity Sales and as a Senior equity research analyst, respectively.

Managing Director, North America Sales & Servicing

Lyle is Managing Director, Institutional Sales and Client Servicing for Northern Trust Global Investments (the asset management arm of Northern Trust Corporation). Previously he was Senior Vice President and Head of Chicago Private Banking within Personal Financial Services. Lyle joined Northern Trust in April 2000 as a Senior Vice President in Personal Financial Services—Midwest. As part of the management team, he oversaw the business unit’s growth strategies and focused on the development and marketing of Northern Trust’s array of services to current and prospective clients. Lyle has been closely involved in a wide-range of marketing and product development activities throughout PFS and most recently oversaw the marketing area of the PFS business unit.

Prior to Northern Trust, Lyle worked since 1981 at Bank of America (formerly Continental Bank) in Chicago, where he held several leadership positions as a Senior Vice President in the Private Bank and Domestic Portfolio Management Group.

M.B.A. degree in finance from the University of Chicago
B.A. degree in accounting and economics from Florida A&M University

Head of International Sales and Client Services

Steven M. Cress is a Senior Vice President at Northern Trust - London. Steve is the Head of International Sales and Client Services for Northern Trust Global Investments ("NTGI") Limited, the asset management arm of Northern Trust. Steve is responsible for client services and the continued growth and development of Northern Trust's investment business in Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC").

Steve brings approximately 22 years of investment and management expertise and joined Northern Trust in August 2007 as Head of International Sales and Client Services. Previously, Steve had been employed by Morgan Stanley for 14 years in a number of roles ranging from the Head of Quantitative Proprietary Trading to Sales and Client consulting to international trading. Steve also worked at Arnhold & S. Bleichroeder and Prudential in Institutional Equity Sales and as a Senior equity research analyst, respectively.

Head of International Sales and Client Services

Steven M. Cress is a Senior Vice President at Northern Trust - London. Steve is the Head of International Sales and Client Services for Northern Trust Global Investments ("NTGI") Limited, the asset management arm of Northern Trust. Steve is responsible for client services and the continued growth and development of Northern Trust's investment business in Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC").

Steve brings approximately 22 years of investment and management expertise and joined Northern Trust in August 2007 as Head of International Sales and Client Services. Previously, Steve had been employed by Morgan Stanley for 14 years in a number of roles ranging from the Head of Quantitative Proprietary Trading to Sales and Client consulting to international trading. Steve also worked at Arnhold & S. Bleichroeder and Prudential in Institutional Equity Sales and as a Senior equity research analyst, respectively.

Head of International Sales and Client Services

Steven M. Cress is a Senior Vice President at Northern Trust - London. Steve is the Head of International Sales and Client Services for Northern Trust Global Investments ("NTGI") Limited, the asset management arm of Northern Trust. Steve is responsible for client services and the continued growth and development of Northern Trust's investment business in Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC").

Steve brings approximately 22 years of investment and management expertise and joined Northern Trust in August 2007 as Head of International Sales and Client Services. Previously, Steve had been employed by Morgan Stanley for 14 years in a number of roles ranging from the Head of Quantitative Proprietary Trading to Sales and Client consulting to international trading. Steve also worked at Arnhold & S. Bleichroeder and Prudential in Institutional Equity Sales and as a Senior equity research analyst, respectively.

Head of International Sales and Client Services

Steven M. Cress is a Senior Vice President at Northern Trust - London. Steve is the Head of International Sales and Client Services for Northern Trust Global Investments ("NTGI") Limited, the asset management arm of Northern Trust. Steve is responsible for client services and the continued growth and development of Northern Trust's investment business in Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC").

Steve brings approximately 22 years of investment and management expertise and joined Northern Trust in August 2007 as Head of International Sales and Client Services. Previously, Steve had been employed by Morgan Stanley for 14 years in a number of roles ranging from the Head of Quantitative Proprietary Trading to Sales and Client consulting to international trading. Steve also worked at Arnhold & S. Bleichroeder and Prudential in Institutional Equity Sales and as a Senior equity research analyst, respectively.

Vice President

Mike is part of Northern's North American business development efforts on behalf of the Global Fund Services segment. He is focused on delivering solutions to investment managers and fund companies on behalf of their global custody, fund administration, and investment operations outsourcing needs both within the U.S. as well as globally.

Mike began his career at Northern in Worldwide Operations and Technology serving the Large Corporate ERISA and Institutional market segments. He spent several years away from Northern consulting to retirement plan sponsors and developing and marketing enterprise level financial planning and client servicing solutions for trust and retirement plan providers.

Mike’s blend of experience in investments, client servicing, operations management, and financial software serves as a strong foundation as he develops new business relationships on behalf of Global Fund.

Global Head of IRAS

Jim Trotter has worked in the performance and risk industry for over 20 years and joined Northern Trust in February 2005 to head up the Investment Risk and Analytical Services team in London, looking after Northern's EMEA custody and outsourced client base taking performance measurement, market risk and compliance monitoring services. Jim was promoted to Global Deputy Head in June 2007 and to Global Head in early 2009.

Prior to joining, Jim worked for Investit for two years- a specialist consultancy firm, who work exclusively with the investment management industry. At Investit, Jim was the author of research papers in 2004 on the outsourcing of performance measurement capabilities from asset managers to third party sources and also produced a number of leading Performance Measurement & Risk surveys.

From 1998 to 2003 Jim worked at Merrill Lynch Investment Managers (MLIM) in London, ending his tenure there as the head of the performance and portfolio analysis team from 2000 onwards. Prior to joining MLIM, Jim worked for over ten years as a Client Manager for the WM Company in Edinburgh, looking after client relations with Investment Manager and Pension Trustee clients of WM. Jim was also an IMA representative on the NAPF UK Investment Performance Committee (UKIPC) for Performance Standards and a member of the IMA Investment Performance Working Group until early 2003.

Director of North America Asset Servicing Sales

Jon joined Northern Trust in March 2008 as Head of North American Asset Servicing Sales for institutional clients.

Jon is responsible for managing a diverse institutional sales team located in Chicago, Boston, San Francisco, and Toronto, covering the public fund, Taft-Hartley, not-for-profit, large corporate, insurance, investment manager, multinational, and middle market segments. Jon’s focus is solutions-based new business development. He is an industry veteran, with over 20 years experience in client service and business and product development.

Prior to joining Northern Trust, Jon served in various executive and lead business development roles at Bank of New York Mellon Corporation. Most recently, he served as National Sales and Marketing Director for the asset servicing sector. Before that, Jon held several senior positions in market segment sales, new business development, and product management.

Jon attended the University of Pittsburgh and began his career in management and sales for a retail consumer goods firm. Jon currently participates on several national organizations that focus on the financial services industry.

Senior Vice President

Prior to joining Northern Trust, he was President an Chief Operating Officer of internet broker Wingspan Investment Services, Inc., a Bank One company. Prior to its merger with Bank One, Mr. Ransford served as First Chicago NBD's chief technology officer for its retail investment subsidiaries First Chicago NBD Investment Services and Roney & Co. He has developed several leading brokerage web sites including Wingspan, Bank One's OneInvest and its predecessor First Chicago NBD Online Brokerage.

Ransford has spent his 29-year career in the brokerage industry. Prior to joining Northern Trust in 2000, he held various management positions with Bank One, Fidelity Investments and Prudential Securities.

Vice President

Mike is part of Northern's North American business development efforts on behalf of the Global Fund Services segment. He is focused on delivering solutions to investment managers and fund companies on behalf of their global custody, fund administration, and investment operations outsourcing needs both within the U.S. as well as globally.

Mike began his career at Northern in Worldwide Operations and Technology serving the Large Corporate ERISA and Institutional market segments. He spent several years away from Northern consulting to retirement plan sponsors and developing and marketing enterprise level financial planning and client servicing solutions for trust and retirement plan providers.

Mike’s blend of experience in investments, client servicing, operations management, and financial software serves as a strong foundation as he develops new business relationships on behalf of Global Fund.

Executive Vice President

Patrick J. McDougal is responsible for Northern Trust's global foreign exchange and multi-currency deposit businesses with centers in London, Chicago, and Singapore. He oversees foreign exchange dealers, sales professionals and money market traders worldwide. Northern Trust provides foreign exchange and deposit placement services for investment managers and private clients as well as corporate, public and not-for-profit institutions.

During his 21-year tenure at Northern Trust, Mr. McDougal has developed the foreign exchange team into one of the most successful among U.S. banks.

Prior to joining Northern Trust, he began his career with Morgan Guaranty in New York. Mr. McDougal has over 33 years of foreign exchange industry experience.

Vice President

As sales manager, Gwyn Koepke is responsible for new business development in the large corporate market in North America. She is also lead salesperson for cross-border pooling for multinationals and investment advisors based in the North American region.

Prior to re-joining Northern Trust in 2007, Gwyn was a macroeconomist with the International Affairs bureau of the U.S. Treasury Department in Washington, DC. She was the staff desk officer responsible for U.S.-China economic policy and capital markets development. She also held positions formulating U.S. policy toward the Asian Development Bank and managing a team of economists evaluating the lending and assistance programs of the multilateral development banks. Prior to Treasury, Gwyn worked for Enron as a manager in the Research Department evaluating risk of international capital investment and conducting economic forecasts and analysis.

During her first 13 years at Northern Trust, Gwyn managed the international product management team responsible for all aspects of the institutional custody product development process from concept to product roll-out. Gwyn spent three years in the London branch starting up the group of specialists responsible for on-line reporting of portfolio information for clients and fund managers in the UK, Europe, Africa and Asia.