Glenn Koach has over 30 years of experience in managing short-term, high-yield funds. Mr. Koach co-founded Riverside Capital Advisers in 1984, a boutique institutional investment management firm specializing in short-term, high yield securities, which grew to over $400 million under management. The Riverside portfolio included publicly traded seasoned securities for large nontaxable accounts such as pension plans, endowments, and offshore funds, as well as private placements, tax liens, and structured settlements. He sold his interest in Riverside in 1997. As a corporate board director, Mr. Koach has guided several companies through difficult financial situations including turn-arounds, workouts, and bankruptcies. This experience gives him great insight into the underpinnings of high yield offerings. In addition, Mr. Koach is an experienced corporate executive, having held key positions with both public and private companies, including CEO of Group Long Distance, Inc. (GLDI). Mr. Koach began his career at Peat, Marwick, Mitchell & Co. and was a CPA. Mr. Koach holds a Bachelor of Economics with a degree in Finance and Accounting from the Wharton School at the University of Pennsylvania.