Principals

William M. Carey

Mr. William Carey is the President and principal of both the Managing Member and the Investment Manager, and is responsible for making investment decisions on behalf of all Xiling Group Funds. Mr Carey also presently serves as President and Chief Investment Office of Cortland Associates, Inc., a St. Louis-based, SEC registered investment management firm with over $600 million in assets under management.

Mr. Carey attended the University of Chicago and received his B.A. from Columbia University in New York where he formerly served on the alumni leadership council. He serves on the board of trustees of the Music Hall (Detroit), Jazz St. Louis, LaMaMa Theatre (New York), the St. Louis Symphony and Freer-Sackler Museums of the Smithsonian Institutions.

Thomas R. Podlesney

Mr. Thomas Podlesny began his career in 1983 as a quantitative equity and fixed income analyst for Merrill Lynch Pierce Fenner & Smith. In 1986, he became a principal of Performance Analytics, a leading provider of investment consulting and performance evaluation services to domestic retirement plans.

Mr. Podlesny joined Cortland Associates as the director of marketing and a portfolio manager in 1992. In addition to his portfolio management responsibilities at Cortland Associates, Mr. Podlesny is a former Adjunct Professor of Finance at Washington University in St. Louis, Missouri, and active in a number of charitable organizations. Mr. Podlesny received his B.S. from Elmhurst College in Elmhurst, IL, and his M.B.A from DePaul University in Chicago, IL.

Bruce G. Wilcox

Mr. Bruce G. Wilcox is a principal of both the Managing Member and the Investment Manager, and is responsible for making investment decisions on behalf of the Company. Prior to joining the Managing Member and the Investment Manager, Mr. Wilcox was the Co-Chairman of Cumberland Associates LLC (“Cumberland”), one of the nation’s oldest hedge funds. He joined Cumberland in 1986, became a general partner in 1990 and a member of the Management Committee in 1997. He became Chairman and of the Management Committee in 1998 and Co-Chairman in 2010. Mr. Wilcox retired from Cumberland on December 31, 2010 and has a continuing consulting relationship with the firm. Prior to joining Cumberland, Mr. Wilcox was an equity analyst and portfolio manager at Central National-Gottesman (1984-1986), and a banking officer with Continental Illinois National Bank (1981-1984).

In 2011, Mr. Wilcox joined the management company of the Company. He has a B.A. with honors in Mandarin Chinese from the University of California, Santa Barbara (1977), and a master’s degree in international management from the American Graduate School of International Management (1980).

Mr. Wilcox is a trustee and chairman of the investment committee of Teachers College of Columbia University; a trustee of the Manhattan Institute; and the chairman of the UC Santa Barbara Foundation board of trustees (formerly the chair of the investment committee). He is a former trustee and investment committee chairman of The Brearley School.