The PerTrac Online Development Team

Milt Baehr – Mr. Baehr is a co-founder and Director of Technology of Strategic Financial Solutions, LLC. Mr. Baehr has over 35 years experience in the computer field, as well as over 25 years in the financial industry. Mr. Baehr received his BSEE in Computer Science from Case Institute of Technology in 1968. After receiving his degree, Mr. Baehr shifted from software to hardware in order to capitalize on the emerging mini-computer industry. As a consultant, he designed integrated hardware/software solutions for a number of national accounts. Some of his projects included a chemical control system for Dow Chemical, an inertial navigation system for the Navy and a production control system for Goodyear Tire and Rubber. In 1969, Mr. Baehr was recruited as one of the original team members for Data General Corp. Using his expertise to implement mini-computer-based solutions for both business and scientific applications, Mr. Baehr’s clients contributed significantly to Data General’s early success. In 1972, at the age of 26, he formed Milt Baehr & Associates, a consulting firm specializing in mini-computer technology. Completed projects included the first Computerized Credit Card Printer and the first Electronic Automated Credit Card Authorization System for MasterCard. After years of success in his personal investing, Mr. Baehr followed his passion to merge computer technologies into the financial world. In 1976 he trained with Reynolds Securities, Inc. and, in 1978, joined E.F. Hutton & Company, Inc. in Malibu California. During his ten-year tenure with Hutton (1978-1987), he served as a Branch Manager and money manager, designing artificial intelligence based futures trading systems, real-time option pricing models, as well as a branch management information system. The structure of monthly futures statements, used today by many leading brokerage firms, is borrowed from Mr. Baehr’s model. Mr. Baehr founded The Derivative Management Group, Inc. in 1991. DMG provided investment management services to institutions and high net worth investors. The company designed and used real time and artificial intelligence based software for the trading of S&P 500 Index Futures. As the Internet developed, DMG was one of the original companies to host its own web site. He began initial development of PerTrac in 1995.

Donald C. Cacciapaglia – Mr. Cacciapaglia is the Chief Executive Officer of HedgeFund.net. Prior to joining HedgeFund.net, he joined PaineWebber in 1996 as Managing Director and Chief Operating Officer. In addition, in 1998 he started the Private Equity Group and assumed responsibility for the coverage of Leveraged Buyout Firms and the Investment Bank’s Business Development Group. Before that he was Chief Operating Officer of the Short and Intermediate Trading Group at CS First Boston (1995-1996). From 1977 to 1995 he held numerous positions at Merrill Lynch & Co., including Chief Operating Officer and Senior Managing Director of Investment Banking, Senior Managing Director of Global Fixed Income Research and Analytics and Managing Director of the Western Institutional Region for sales and trading in San Francisco. He was a Senior Analyst with the Federal Reserve Bank of New York from 1973-1977. In addition to his degree from Manhattan College in Economics, Don has an MBA in Finance and a Post Master Degree in Organizational Behavior from Iona College

Kim Avery – Ms. Avery joined Strategic Financial Solutions in 2002 as a sales consultant focusing on commodity trading advisors and web development services. She brings with her a wealth of investment industry experience. Prior to joining SFS, Ms. Avery managed AutumnGold.com, a company that provides e-marketing support services to financial institutions. She provided capital introduction services for the Medallion Fund from 1992 to 1998. Ms. Avery also has experience working with managed futures and commodity trading advisors as a managing director of Balfour Maclaine Portfolio Management, Ltd., and has worked with other well-known alternative investment houses over the past 20 years. Ms. Avery is a graduate of Adelphi University, where she received a degree in Business Administration.

Brian Barney – Mr. Barney joined Strategic Financial Solutions, LLC in 1998 as an administrative assistant. In 1999, he became a key member of the technical support department. In 2001 he left technical support to join the development team at PerTrac. He is now responsible for programming and special projects, as well as the maintenance of the company operating systems and web sites. Mr. Barney graduated summa cum laude and Phi Beta Kappa from the University of California, Riverside, in 1995 with a degree in theatre.

Gregory Carleu – Mr. Carleu is Chief Technology Officer for HedgeFund.net. Previously, he co-founded EquityWeb, and he has been a project manager for First Call. He received his undergraduate education from the Massachusetts Institute of Technology.

Rajat “Raj” Datta – Mr. Datta has over six years experience in information technology, including network and database design, configuration, and administration, website development, application design and training. Before joining Strategic Financial Solutions, LLC in 2001, he was the Assistant Director of Technology for commodity.com, a web-based alternative investment firm. While there, he assumed responsibility for the corporate website, as well as the development, maintenance and upgrading of the firm’s network. Mr. Datta is currently a member of the SFS development team, responsible for programming and upgrading PerTrac products. He holds degrees in Commerce and Computer Software Applications from Calcutta University, as well as a B.S. in Computer Information Systems from the University of Nevada, Reno.

Meredith Jones – Ms. Jones joined Strategic Financial Solutions in December 2001 as the Director of Market Research. In that capacity, she is responsible for researching, speaking and writing about alternative and traditional investments as well as developing and implementing marketing initiatives and strategic partnerships for SFS. Prior to joining SFS, Ms. Jones was Vice President and Director of Research for Van Hedge Fund Advisors International, Inc., a global hedge fund consultant with $500 million under management. There, she led a staff of ten research analysts in manager selection, evaluation and ongoing monitoring. Ms. Jones conducted quantitative and qualitative due diligence, onsite visits and portfolio construction, as well as a number of other research functions. She graduated from Centre College cum laude and Phi Beta Kappa in 1993.

Steve Karsh – Mr. Karsh has 12 years of experience in the investment industry, ranging from consulting to investment management in both the traditional and alternative investment arenas. Prior to joining SFS, Mr. Karsh was a principal in a third party institutional sales and marketing firm, Redstone Capital Partners, LLC. He has also worked at such prestigious firms as Fidelity and Cambridge Associates. Mr. Karsh is the head of SFS’s publishing division, which focuses on designing and producing marketing materials for a wide range of investment industry groups including registered investment advisors, hedge funds, commodity trading advisors, funds of funds, consultants, brokers and financial planners. Mr. Karsh has a degree in Business Economics and Public Policy, as well as an MBA from George Washington University.

Marc W. Petrivelli – Mr. Petrivelli joined HedgeFund.net in June, 2001 as a software engineer. He is responsible for developing web-based and database applications in support of manager and investor services. He received his B.A. in Computer Science and Biology from Hamilton College in Clinton, New York.

John Pettit – Mr. Pettit joined Strategic Financial Solutions, LLC in May, 1998 as the Manager of Information Systems for PerTrac and related products. His responsibilities include developing new features and software for PerTrac, guiding corporate development projects, and making recommendations for new technology and services. Prior to joining SFS, Mr. Pettit worked for Geocities, where he was responsible for database optimization. He was also the founder of Destiny Technologies, a web site, consulting and software firm. He is currently completing his B.S. in Information Technology at the University of Phoenix.

David B. Snow – Mr. Snow is the editor in chief of HedgeFund.net and its affiliate site, PrivateEquityCentral.net. Prior to joining HedgeFund.net, he was editor of Buyouts newsletter in New York. David holds a Master of International Affairs from Columbia University and did his undergraduate study at the University of California, San Diego.