Michael Frederick Director of Business Development B.S. in Commerce, University of Virginia MBA, University of North Carolina at Chapel Hill Mike's primary responsibility at TFS is building relationships to improve the distribution network for the TFS mutual funds and hedge funds.

Sam Harris Director of Client Relations B.S. in Finance, Virginia Tech Sam is responsible for providing support to both existing and prospective clients. In this role, he oversees all investor communication, responds to ongoing questions, and assists clients in accessing the TFS funds through various brokerage platforms.

Portfolio Management Team

Dr. Chao Chen Portfolio Manager B.S. in Electrical Engineering, University of Virginia M.S. and Ph.D. in Electrical Engineering and Computer Science, University of California, Berkeley Chao is responsible for the quantitative analysis of new investment opportunities. In this role, he manages strategy prioritization, risk management, and risk / return optimization. Chao contributes mathematical and analytical expertise in statistics, optimization, and various modeling techniques.

Kevin Gates Portfolio Manager B.S. in Chemical Engineering, University of Virginia Kevin’s primary role is to identify and research new strategies for analysis. In this role he gathers and evaluates the qualitative research on potential strategies, identifies potential data sources, and performs preliminary quantitative analysis.

Richard Gates Portfolio Manager B.S. in Chemical Engineering, University of Virginia Rich performs research for strategy development and is also responsible for overseeing trading and execution for TFS. In this role he manages all brokerage relationships and seeks opportunities for improved execution including evaluating new trading technologies and platforms.

Eric Newman Portfolio Manager B.A. in Mathematics, Kenyon College M.S.E. in Mathematical Sciences, Johns Hopkins University Eric contributes extensively to the quantitative analysis of new and existing trading strategies. In addition, he oversees model implementation and oversees the investment allocation of each of the funds. Eric also manages the firm’s information technology needs.

Operational Support Team

Larry Eiben Chief Operating Officer & Chief Compliance Officer B.S. in Commerce (concentration in Finance), University of Virginia Larry is responsible for developing the operational infrastructure to support the investment products managed by TFS. He serves as Chief Compliance Officer and is therefore accountable for maintaining the firm�s compliance with federal securities regulations. Larry also serves as a Portfolio Manager to the mutual funds managed by TFS Capital LLC.

Gregory Sekelsky Chief Financial Officer B.S. in Communications, University of Tennesee M.S. in Accountancy, University of Tennessee Greg manages the back office operational functions for TFS. Specifically, he performs all financial accounting for the firm and oversees the fund accounting and administrative work that is completed through multiple external service providers.