Cathy Lai joined Drake Capital in 2006 and is responsible for managing all financial and tax matters for the funds. She also is responsible for conducting Drake Capital’s operational due diligence of fund managers across all strategies. Prior to Drake Capital, Ms. Lai was a managing director and the controller at FrontPoint Partners LLC. In that role, she oversaw the financial and administrative functions for the FrontPoint hedge funds, the management company and its international subsidiaries. Prior to joining FrontPoint in 2003, she was a senior fund administration analyst at SAC Capital, where she was responsible for the financial and administrative functions for its hedge funds. Ms. Lai is a Certified Public Accountant and holds an M.B.A. from Bernard Baruch College, an M.A. from St. John’s University and a B.A. from Tamkang University in Taiwan.