John M. Ivan

Delphi Management, Inc. (Delphi) is an independent, SEC-registered investment advisor and wealth management firm headquartered in Brookline, Massachusetts. The firm was founded by Scott M. Black in 1980. Delphi provides investment management services to institutions (such as pension and retirement plans, endowments an investment companies) and high net-worth individuals and trusts on a discretionary basis.

Snow Capital Management LP (Snow Capital) is an investment advisory firm headquartered in Sewickley, Pennsylvania. The firm was founded by Richard Snow in 2001 as RAS Capital Management. They are a subsidiary of Snow Capital Management Holdings LP. Snow Capital serves as the Advisors to a family of mutual funds and related portfolios.

Duke University is an academic university that offers undergraduate, graduate and professional programs. It also has publications and research services. The university was founded in 1838 and is headquartered in Durham, NC.

Harvard University engages in the provision of teaching and research. It has twelve degree-granting Schools in addition to the Radcliffe Institute for Advanced Study, offering a global education. The university was founded in 1636 and is headquartered in Cambridge, MA.

Part of Marsh & McLennan Cos., Inc., William M. Mercer Cos. LLC is a company that provides insurance and reinsurance services worldwide as a broker, agent, or consultant for clients. The company is based in New York, NY.

Ascendant Capital Partners LP is a real estate firm founded in 2019 by Gary E. Shugrue, Alexander Halpern and Russell Lewis Gimelstob. The firm is headquartered in Los Angeles, California.

AndersonBrecon (UK) Ltd. specializes in packaging products for pharmaceutical products. The company is headquartered in Cardiff, the United Kingdom.

Penn Mutual Asset Management LLC (PMAM) is a SEC-registered investment advisor and insurance management firm headquartered in Conshohocken, Pennsylvania. The firm was founded as Independence Capital Management, Inc. in 1989. They are a wholly owned subsidiary of The Penn Mutual Life Insurance Co. PMAM offers fixed-income investment solutions and client-focused services to institutional clients. These solutions are accessible through separate accounts, sub-advisory relationships and various commingled vehicles.

Janney Capital Management LLC (Janney Capital) is a SEC-registered investment adviser headquartered in Pittsburgh, Pennsylvania. The firm was founded in 1994 as Parker/Hunter Asset Management LLC and changed its name to Janney Capital Management LLC in 2013. They are a wholly owned subsidiary of Janney Montgomery Scott LLC (Janney), ultimately owned by The Penn Mutual Life Insurance Co. Janney Capital provides discretionary investment management services primarily as a sub-advisor in certain fee-based managed account “wrap” programs offered by Janney.