Co-Founding Managing Director
K2 Advisors LLC

David C. Saunders, Co-Founder and Chief Executive Officer of K2 Advisors, L.L.C., graduated from the University of Maryland, College Park, in 1981 with a B.S. degree in Business. He has been involved n the investment and trading of financial instruments since 1983. He has worked at Tucker Anthony & R.L. Day as an equity trader; First Boston Corp. as Vice President on the equity block trading desk; WaterStreet Capital, a hedge fund, as Head Trader; Tiger Management, as Head Trader; WorldSec Securities as President and ABN Amro Inc. as a Senior Managing Director. He co-founded K2 Advisors in 1994.

Mr. Saunders is a Trustee of the Board of Directors of the Tiger Foundation; serves on the Board of Directors of The Windham Chapter of the Catskill Mountain Foundation as well as on the Board of Directors of the University System of Maryland Foundation, Inc.