Bracebridge H. Young, Jr. is Mariner’s Chief Executive Officer, a Partner and is a member of Mariner’s Investment and Management Committees. Brace is also a General Securities Principal for Mariner Group Capital Markets, Inc. (Mariner’s limited-purpose affiliated broker-dealer “MGCM”). He joined Mariner directly from Goldman Sachs, where he retired as a Partner, head of European Debt Capital Markets. Brace also headed fixed income and foreign exchange sales in London beginning in 1992. In 1989, he moved to Tokyo to run all of the firm’s fixed income activity in Japan. Brace first became a Partner at Goldman Sachs in New York City in 1988 where he was the Co-Head of the Money Market Sales and Trading Department in 1988. He was the Head Trader for institutional money market funds from 1983 to 1988 and started at Goldman Sachs on the Commercial Paper trading desk in 1980. Brace received a Bachelor’s degree from Bowdoin College in 1977 and an M.B.A. from the Stern School of New York University in 1983. He is the Chairman of the Board of Trustees of Buckingham Browne & Nichols, a coeducational day school in Cambridge, Massachusetts.