Michael Rosenberg joined TFM, the investment manager of TFG, as a principal upon its formation in May 2005. Mr. Rosenberg is a member of TFM’s Investment and Risk Committee and a member of the Investment & Management Committee of TCIP and Tetragon Credit Income II L.P. He was previously a managing director and co-head (with Jeff Herlyn) of the Global CDO Group at UBS AG, responsible for a group focused on structuring, originating and distributing CDOs in addition to managing the secondary CDO trading desk. Prior to joining UBS, he was a managing director at JPMorgan and a co-head (also with Jeff Herlyn) of the firm's North American CDO Group. Prior to working in investment banking, Mr. Rosenberg worked in the mortgage banking industry both in the United States and internationally. He helped start the first private mortgage bank in Poland and worked with various private and public institutions in the development of a mortgage banking market in the former Soviet Union. Mr. Rosenberg holds an MBA degree from George Washington University and an undergraduate degree in Finance from the University of Delaware. Mr. Rosenberg is based in New York.