Sandler Capital Management

Hedge Fund Team

	Andrew Sandler Managing Director/Portfolio Manager, Head of Hedge Funds

	Douglas Schimmel Managing Director/Portfolio Manager

	Vito Menza Managing Director/Assistant Portfolio Manager

	Brent Benkovic Managing Director

	Bob Gorman Managing Director

	Jae Kim Managing Director

	Eric Lewis Managing Director

	Jeffrey Carnevale Vice President

	Cheryl Demaree Vice President

	Carese Gillespie Vice President

	Eric Hsu Vice President

	Matthew Kohn Vice President

	Tim Marsek Vice President

	Tom Molnar Vice President

	Douglas Irwin Advisor

	Harvey Sandler Founder

Private Equity Team

Administration Team

Team

Hedge Fund Team

Douglas Schimmel
Managing Director/Portfolio Manager

Douglas Schimmel, portfolio manager for the firm�s long/short credit fund, joined Sandler Capital in 1994. Mr. Schimmel is a research analyst and leads credit analysis for the hedge fund team. This analysis encompasses a company�s complete capital structure including senior secured debt, subordinated debt, equity-related securities and options on equity-related securities, and includes both U.S. and non-U.S. opportunities. Since joining Sandler Capital, Mr. Schimmel has invested in both private and public companies, has served as a director of several private companies and has also served on various creditors committees. Prior to joining Sandler Capital, Mr. Schimmel was an equity research analyst at Merrill Lynch, covering and publishing investment research in the cable television and broadcasting industries. Mr. Schimmel joined Merrill Lynch in 1993. Prior to joining Merrill Lynch, he was an analyst/portfolio manager at Wertheim Schroder & Company specializing in media, telecommunications, and package food and beverage company investments. Mr. Schimmel joined Wertheim Schroder & Company in 1988. He has a B.A. from the University of Miami.