"MAKE THE PURCHASE PRICE SO ATTRACTIVE THAT EVEN A MEDIOCRE SALE GIVES GOOD RESULTS"

- Warren Buffett -

Uris-Entrance

Litespeed Management LLC

Litespeed Management LLC

Description:

Prior to founding Litespeed, Ms. Zimmerman was head of research for a risk arbitrage/special situations portfolio at Toronto-Dominion Bank from 1997 until 2000. From 1990 to 1997, she was a member of the distressed debt department of Oppenheimer & Co., Inc. She had the dual responsibilities of researching investment opportunities for the Oppenheimer Horizon Fund, while selling investment ideas to other hedge fund investors. During her last two years at Oppenheimer, she managed a proprietary account which invested in post-reorganization equities. From 1988-1990, she was a member of Dillon Read & Co., Inc.'s risk arbitrage group where she was responsible for the portfolio's investments in the distressed arena and research on merger arbitrage opportunities. Prior to joining Dillon Read, she was an analyst in L.F. Rothschild & Co., Inc.'s risk arbitrage department. She began her career as an attorney. She clerked for the Honorable Howard C. Buschmann, III, a Federal Bankruptcy Court Judge in the Southern District of New York (1984-1985) and was a second year associate at LeBoeuf Lamb Leiby & MacRae in 1986. Ms. Zimmerman received a B.A. magna cum laude from Amherst College in 1981. She received a J.D. at the University of Michigan Law School and a Masters in English Literature from the University of Michigan's Horace Rackham Graduate School in 1984.