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F. James Tennies President Mr. Tennies is President and co-founder of InCap Group, Inc. Mr. Tennies is responsible for the overall direction of the firm. Mr. Tennies is actively involved with the firm�s M&A practice for asset management firms as well as other corporate finance assignments. Prior to joining InCap, Mr. Tennies was the Chief Administrative Officer of Legg Mason�s Asset Management operations. During Mr. Tennies� tenure at Legg Mason, Legg Mason�s assets under management more than quadrupled and Legg Mason emerged as a significant player globally in the asset management business. Previously, Mr. Tennies was Legg Mason, Inc.�s Associate General Counsel, responsible for Legg Mason�s acquisitions. Earlier in his career, Mr. Tennies practiced corporate and securities law at Covington & Burling in Washington, D.C. Mr. Tennies has served on the Board of the Forum for Investor Advice and has been a member of Institutional Investor�s International Mutual Fund Institute. He is quoted in Board IQ and other mutual fund publications. Mr. Tennies is currently a Trustee of the Historic Charles Street Association. Mr. Tennies is a graduate of Yale Law School and Franklin & Marshall College (Phi Beta Kappa). Email: [email protected] Phone: 410.727.2100 Ext. 109 | 