Board of Managers

Alan Weber, Chairman


Mr. Weber is the chairman of the KGS Holdings, L.P. Board of Managers. Mr. Weber is an Operating Partner at Arsenal Capital Partners. Prior to joining Arsenal, Mr. Weber was the Chairman and Chief Executive Officer of U.S. Trust Corporation, a 150-year-old company specializing in trust, investment management and wealth management services. Prior to his leadership at U.S. Trust, which began in 2002, Mr. Weber was Vice Chairman and Chief Financial Officer of Aetna, Inc., where he was responsible for capital management, information technology, investor relations, e-business, and financial operations. Prior to joining Aetna, Mr. Weber spent 27 years at Citibank, where he was Chairman of Citibank International and Executive Vice President of Citibank. For six years, Mr. Weber led Citibank's Global Financial Institutions and Transaction Services business. During his tenure at Citibank, he managed businesses in approximately 30 countries, including assignments in Japan, Italy, and Latin America. Mr. Weber holds a B.S. in Economics from the Wharton School at the University of Pennsylvania and an M.B.A. from the Kellogg School at Northwestern University. Mr. Weber currently serves on the boards of Tempo Financial Holdings, Frontstream Payments, OnForce, and Keane International, as well as Diebold, Inc., a global provider of integrated self-service delivery systems, security and services. He is also a director of Broadridge Financial Solutions, Inc., which is a leading provider of investor communications, securities processing, and clearing and outsourcing solutions to the financial services industry.

Alan Weber

Levent Kahraman, Board Member


Mr. Kahraman is the CEO and co-founder of KGS-Alpha Capital Markets, L.P. Mr. Kahraman brings significant trading and business-building experience to KGS-Alpha. Prior to co-founding KGS-Alpha, he spent five years as a Managing Director at Barclays Capital, building one of the top-ranked Agency RMBS Structured Products businesses. Mr. Kahraman pioneered structures such as WAC passthroughs, MBS-linked notes, A/L combo trades, and synthetic agency MBS. Mr. Kahraman started his career and spent eight years at Salomon Brothers, where his last position was Managing Director in charge of Secondary CMO Trading. Prior to Wall Street, Mr. Kahraman worked in management consulting, where he advised financial services firms on credit risk management. He holds an M.B.A. with Honors from Harvard Business School, a B.A. with Distinction in Economics and a B.S. with Distinction in Civil and Environmental Engineering, both from Cornell University.

Levent Kahraman

Daniel Goldman, Board Member


Mr. Goldman is the President and co-founder of KGS-Alpha Capital Markets, L.P. Mr. Goldman has over twenty years of experience in the fixed income business. Mr. Goldman spent his entire career at Salomon Brothers/Citigroup, where he attained senior positions as a Managing Director, including Head of North American Fixed Income Sales, as well as Co-Head of the US Rates Business. As Head of North American Fixed Income Sales, Mr. Goldman was instrumental in building and managing a 250-person fixed income sales force that generated over $2 billion in annual revenues. Mr. Goldman is widely recognized as a sales leader, and he has trained and developed many of today's top fixed income sales producers. In addition to his sales role, Mr. Goldman also oversaw a multi-billion dollar global interest-rate trading business that included 25 senior traders and 75 salespeople. As President of KGS-Alpha, he draws on these experiences to recruit, train, and manage the sales and trading franchise. Mr. Goldman earned his B.A. in Economics from Middlebury College.

Dan Goldman

Reza Satchu, Board Member


Mr. Satchu is a co-founder of KGS-Alpha and is Chairman and CEO of Alignvest Capital Management, a private investment company based in Toronto and New York. He brings significant business-building expertise to KGS-Alpha as a successful entrepreneur and investor. Mr. Satchu has co-founded, built and managed several successful operating businesses, all from inception, including: SupplierMarket, a supply chain software company funded by Sequoia and KKR, that grew to 225 people with several Fortune 500 customers, prior to being sold to Ariba in 2000 for $925 million; StorageNow Holdings, which became Canada’s second largest self-storage company before being sold to InStorage REIT in 2007 for $110 million; Stellation Asset Management, an investment management firm that managed over $300 million; and, most recently, Greyson Capital Management, a low net exposure equity hedge fund focused on investing in China, Japan and Korea. Previously, Mr. Satchu spent 13 years in New York where he was a General Partner and Managing Director at Fenway Partners, a $1.5 billion private equity firm, and a Financial Analyst at Merrill Lynch. Mr. Satchu has received Canada’s Top 40 Under 40 Award (2007) and the Management Achievement Award from McGill University (2011). He is also Vice Chairman of the Hospital for Sick Children Foundation, a member of the Canadian Advisory Board to the Harvard Business School, a Visiting Professor at the University of Toronto and the Founder and Chairman of The Next 36, an intensive entrepreneurship program for North America’s most promising undergraduate students. He has a BA from McGill University and an MBA from the Harvard Business School.

Reza Satchu

Terrence Mullen, Board Member


Mr. Mullen is a Partner and co-founder of Arsenal Capital Partners. Prior to co-founding Arsenal in 2000, Mr. Mullen was a principal at Thomas H. Lee Partners, a $20 billion private equity firm in Boston, Massachusetts, where he invested in manufacturing, services and media companies. While at Thomas H. Lee, Mr. Mullen had a leading role in growth buyout investments with a total equity value of $700 million and enterprise values of over $1.8 billion. Mr. Mullen also worked in the Investment Banking Division of Morgan Stanley & Co. and received a B.B.A. in Finance and Economics from the University of Notre Dame and an M.B.A. from Harvard Business School. Mr. Mullen currently serves on the boards of DG3 Holdings, LLC and Source Refrigeration & HVAC, Inc. He has previously served on the boards of IDQ Holdings, Priority Solutions Inc., Renaissance Mark Holdings Corp., Sermatech International Holdings Corp., and TallyGenicom Holdings, LLP.

Terrence Mullen

Carty Chock, Board Member


Mr. Chock is a Partner at Arsenal Capital Partners. Prior to joining Arsenal in 2007, Mr. Chock was a Principal with CCMP Capital Advisors (formerly J.P. Morgan Partners), where he worked for 16 years across multiple industry sectors. During the last six years at CCMP, he led its investments in the financial services sector. Prior to CCMP, Mr. Chock worked as a Managing Director and Co-Head of the Investment Team for LabMorgan Corporation, the e-Commerce investment unit of JPMorgan Chase, as well as a Vice President in JPMorgan Capital Corporation where Mr. Chock represented JPMorgan for the Trident insurance fund partnered with Marsh & McLennan. In addition, Mr. Chock was a Vice President of Investment Banking at JP Morgan and co-founded the Government Institutions group, which had responsibility for clients such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Mr. Chock graduated with a B.S. in Industrial Engineering and Operations Research from the University of California at Berkeley. He currently serves on the boards of Tempo Financial, Breckenridge Insurance Services, and Frontstream Payments. Mr. Chock was previously a Board member of DealerTrack, Inc. (Nasdaq: TRAK), Capital IQ, Inc., and PeopleFirst, Inc.

Carty Chock

Lee Lau, Board Member


Mr. Lau founded ATI Technologies in 1985 and built the company into the largest supplier of graphic chips and add-in boards to the personal computer industry. In addition to overseeing the future direction of the company, Mr. Lau's primary responsibilities included managing the purchasing and product departments. Mr. Lau helped build ATI into a market leader, with annual sales in excess of $2.2 billion and over 3,000 employees. ATI was sold in July 2006 to Advanced Micro Devices for $5.4 billion. Prior to founding ATI, Mr. Lau held various design engineering positions with Mitel, Motorola and Plessey. Mr. Lau currently manages his own investment portfolio. He holds a Masters in Engineering and a BASc from the University of Toronto.

Lee Lau

Robert McGinnis, Board Member


Mr. McGinnis has over 27 years of Investment Banking experience focusing on all aspects of Mortgage and Asset Backed Securitization, Financing and Trading. After joining Greenwich Capital from Salomon Brothers in 1997, he built their Mortgage and Asset Backed business into one of the preeminent franchises in the industry.







Robert McGinnis