Richard S. Bookbinder, Managing Member

Richard S. Bookbinder formed Bookbinder Capital Management LLC in the spring of 1999 and is actively involved in all aspects of business operations including fund management, portfolio allocation, manager research, investor relations, and new business development. Mr. Bookbinder also acts as a sub-advisor to investors seeking customized hedge fund portfolios.

Mr. Bookbinder was a Founding Principal of Sandler O’Neill & Partners, L.P., a leading investment bank specializing in middle-market financial institutions. Previously, Mr. Bookbinder was a Limited Partner and Associate Director in fixed-income sales at Bear, Stearns & Co. Inc. and before that he directed the sale of municipal bonds at L.F. Rothschild & Co. He began his career in the fixed-income area with J.B. Hanauer & Co.

Mr. Bookbinder is registered with the National Futures Association as an NFA Associate Member, and currently holds a Series 3 registration with FINRA. Mr. Bookbinder earned a B.A. in Economics from Upsala College.

Mr. Bookbinder is a frequent speaker at hedge fund industry academic forums including the New York Society of Security Analysts and various hedge fund industry programs, and has co-authoring a book for John Wiley & Sons about hedge funds of funds scheduled to be published in 2009. He is also active in charitable activities including as a member of the Board of Trustees of the Darrow School, New Lebanon, NY. He is the External Advisor to the Wharton Hedge Fund Club, and participates in the Executive Student Partnership Mentoring program at Baruch College, New York, NY. He is a member of the Social Investment Forum, the American Council on Renewable Energy, and CERES.

Jacqueline Oring Rockman, Senior Research Associate

Ms. Rockman is a Research Associate at BCM. Ms. Rockman has experience in a variety of areas in today’s capital markets including institutional equity and fixed income sales and trading, equity research, investment banking, and marketing.

Currently, Ms. Rockman is responsible for new manager research, ongoing research of current portfolio holdings, and providing statistical summaries for asset allocation. She reviews manager correlation and performance attribution, and is responsible for developing statistical analytics and preparing all presentation materials for the Funds. She also has an analytical proficiency in hedge funds across various investment strategies, and has an in-depth knowledge of Pertrac, Bloomberg, and several on-line institutional hedge fund databases. Ms. Rockman also coordinates the financial reporting and monthly/quarterly accounting between BCM/TVCM’s administrators and auditors, and coordinates the annual audit in the preparation for the release of BCM/TVCM’s K-1s.

Prior to joining BCM, Ms. Rockman was an Analyst with Deutsche Banc Alex. Brown’s Institutional Equity group. After completing the London-based Equity Training Program, she returned to the New York equity sales team where she had a variety of responsibilities including analyzing multi-industry equity research, and maintaining client relations relating to market development.

Ms. Rockman holds a Bachelor of Science in Finance from Lehigh University.