Saratoga Partners

Scopia Capital LLC is a New York based firm that provides investment management with a long/short, value driven, market-neutral approach, as well as long only investment management to institutional investors. The company was founded in 2001 by Matt Sirovich and Jeremy Mindich. We believe that our investment style is unusual in that we combine fundamentally focused, deep due diligence and a concentrated portfolio of high conviction long and short positions with the discipline of market neutrality. As of November 30th 2010, Scopia had $1.6 billion in assets under management and an outstanding team of 24 employees. Our management company has been registered as an investment adviser with the Securities and Exchange Commission since 2003. For further information please contact (212 ) 370-0303 or email us at investors@scopiacapital.com.

Founded in 1984, Brynwood Partners is a private-equity firm that makes control investments in lower middle market companies over a long-term horizon. The firm acquires companies in a diverse range of industries with enterprise values between $15 and $125 million. The principals of Brynwood Partners believe operating expertise is the most important factor for creating value in lower middle market companies. This helps to bring extensive experience as both company operators and private equity investors to each opportunity and allows the principals to work in partnership with management teams to create long-term value. Located in Greenwich, Conn., Brynwood Partners is a privately owned company that employs nearly 10 people.

Ashley Capital has created a portfolio of nearly 20 million SF throughout the last two decades. By pursuing value-added opportunities, whether by acquisition and redevelopment or ground-up construction, Ashley delivers industrial and office space to some of the largest companies in the United States. Headquartered in New York with offices in Chicago, Detroit and Atlanta, Ashley focuses its investment activities in the eastern half of the country. As a long-term investor, Ashley manages its properties with a strict adherence to fiscal discipline and control. Ashley anticipates the unique real estate needs of its tenants with thoughtfully designed and efficient space. Some of the company s major tenants include Ford Motor Company, Roush, General Motors Corporation, TNT Logistics, Cargill, UPS Worldwide Logistics, McDonald Hopkins and Ace Paper Products Company. Ashley Capital is a privately owned company that employs nearly 10 people.