People



		George A. Kellner Managing Director, Chief Executive Office George Kellner is the founder and Chief Executive Officer of Kellner DiLeo & Co., LLC. Mr. Kellner has been in the arbitrage business for 25 years and founded KDC Merger Arbitrage Fund, LP in 1981. Prior to Kellner, DiLeo & Co., Mr. Kellner was a Senior Vice President and founded the arbitrage department of Donaldson, Lufkin & Jenrette. Before commencing his arbitrage career, Mr. Kellner was a Vice President and House Counsel of the Madison Fund where he had broad responsibilities as a financial analyst and portfolio manager. Mr. Kellner began his professional career as a securities lawyer at the Wall Street law firm of Carter, Ledyard and Milburn and holds a B.A. (Trinity College), a J.D. (Columbia Law School) and an M.B.A. (New York University's Leonard Stern Graduate School of Business). He is a Chartered Financial Analyst and a former Adjunct Assistant Professor of Finance at the New York University.

		Keith M. Moore, PhD Principal, Portfolio Manager, Merger Arbitrage and Opportunities Funds Director of Risk Management and Quantitative Analysis Keith Moore, who joined the firm in September 2006, has decades of experience in the merger arbitrage arena, from portfolio manager to author. He succeeded George A. Kellner in 1983 as Senior Vice President in charge of merger arbitrage at Donaldson Lufkin & Jenrette. Keith began his arbitrage career at Neuberger & Berman as a Senior Analyst from 1975 to 1983 and was a General Partner in charge of merger arbitrage, convertible arbitrage and special situations trading from 1989 to 1996. From 1997 until he joined Kellner DiLeo in 2006, he was President and Portfolio Manager of Jupiter Capital, a small, family-oriented hedge fund specializing in risk arbitrage. Keith is the author of the nationally recognized book, “Risk Arbitrage: An Investor’s Guide”, published by John Wiley & Sons. Additionally, Keith is an author of the Mergers & Acquisitions chapter for “Corporate Finance,” a new textbook to be published in 2007 by the CFA Institute. He has had research papers published in numerous publications regarding arbitrage, trading and investing. A former Assistant Professor of economics and finance at St. Johns University and Adjunct Professor at the University of Rhode Island and New York University , Keith has earned numerous academic awards and honors. He holds a B.S. and a PhD from the University of Rhode Island and an MBA from New York University

		Jeffrey N. Fachler Principal, Portfolio Manager, Convertible Arbitrage Jeff Fachler has more than 20 years experience in the convertible and option arbitrage business and has managed the convertible arbitrage portfolios since joining Kellner DiLeo in 1998. From 1996 to 1998 he was the Head Convertible Bond/Preferred Stock Trader at Botta Trading, Inc. Prior thereto he was Director of International Trading at WG Trading from 1993 - 1996 and a Managing Director at Bear Sterns from 1990-1993, heading it's Japanese bond and warrant desk. Mr. Fachler holds a B.A. (State University of New York at Binghamton) and is registered as a General Securities Representative (Series 7), Equity Trader (Series 55), and a Registered Option Principal (Series 4).

		Katalin E. Kutasi Principal, Portfolio Manager, Distressed & High Income Investing Ms. Kutasi joined Kellner DiLeo in 2005. Ms. Kutasi brings more than 26 years of restructuring, distressed and industry experience to Kellner DiLeo. She was most recently Senior Vice President/Director of High Yield, Distressed and Private Securities Research at Alliance Capital Management, L.P. While at Alliance she managed a team of fifteen research analysts that supported multi billion dollar portfolios of dedicated high yield, bank loan and private placement investments. Ms. Kutasi had joined Alliance in 1989 and was the firm's senior restructuring professional. Prior to Alliance, she was a Vice President at Continental Illinois Bank where she managed a portfolio of distressed oil and gas credits. Ms. Kutasi has served as a director of IWIRC (International Women‘s Insolvency and Restructuring Confederation) and of numerous restructured companies. Ms. Kutasi holds a BA in accounting (Michigan State University) and an MBA in finance (DePaul University).




		Glen M. Friedman Principal, Chief Financial and Operations Officer Mr. Friedman is responsible for managing all of the firm's financial, back office operational and administrative support services. Prior to his career at Kellner DiLeo, Mr. Friedman was a Director at Mabon Securities Corporation from 1991 to 1994. He holds a B.S. (Lehigh University), an M.B.A. (New York University’s Leonard Stern School of Business), is a Certified Public Accountant in the State of New York, is registered as a General Securities Representative (Series 7), Compliance Official (Series 14), Financial & Operations Principal (Series 27), and has passed the Uniform Securities Agent State Law Examination (Series 63).