Gwendolyn L. Butler

Oversees marketing, investment and financial activities of the firm. Member of the Investment Committee. 30 years of investment industry experience including serving as Executive Director, UBS Global Asset Management and Managing Director, Bear Stearns Asset Management. Education: M.B.A.,
Northwestern University's Kellogg School of Management; and B.A. degree, Economics, University of Michigan.

Contact:
ghaughey@capricapital.com

GWENDOLYN L. BUTLER
President &
Chief Operating Officer