As Managing Director and Chief Executive Officer for Nicholas-Applegate, Marna Whittington is responsible for overseeing all business and investment functions within the firm. In addition, Marna is Chief Operating Officer of our parent company Allianz Global Investors, CEO of AGI Management Partners, and a member of the Executive Committees of both Nicholas-Applegate and Allianz Global Investors. Prior to joining Nicholas-Applegate in 2001, she was Managing Director and Chief Operating Officer of Morgan Stanley Asset Management. Marna started in the investment management industry in 1992, joining Philadelphia-based Miller Anderson & Sherrerd. Previously, Marna was Executive Vice President and CFO of the University of Pennsylvania, from 1984 to 1992. Earlier, she had been first, Budget Director, and later, Secretary of Finance for the State of Delaware. She is currently on the Board of Directors of Rohm & Haas Co. and Macy’s, Inc. She also serves as a trustee of Middlebury College. Marna earned her B.A. with a concentration in mathematics from the University of Delaware and a master’s and Ph.D. in quantitative methods from the University of Pittsburgh.

As a managing director and the chief investment officer for Nicholas-Applegate, Horacio Valeiras is responsible for overseeing all investment and trading functions within the firm. He is also the portfolio manager for the International Growth portfolios and a member of the Executive Committee. Horacio is also the CIO of AGI Management Partners. Prior to joining Nicholas-Applegate in 2002, he was a managing director of Morgan Stanley Investment Management, London, responsible for developing and overseeing their Global Core Equity and European tactical asset allocation programs. Horacio was previously head of International Equity and asset allocation programs with Philadelphia-based Miller Anderson & Sherrerd. He started in the investment management industry with Credit Suisse First Boston, where he became the director and chief international investment strategist based in their London office. Horacio serves on the Board of Directors of The Bishop’s School and the Virginia Tech Foundation. He earned his M.B.A. with an emphasis on finance from the University of California, Berkeley and his master’s degree from Massachusetts Institute of Technology, where he became an instructor in their graduate school program. He earned a B.S. in chemical engineering from Virginia Tech. He has twenty years of investment management experience.

Doug Forsyth joined the firm in 1994 and is responsible for the Income and Growth Strategies at Nicholas-Applegate, overseeing the portfolio management and research teams for the US High Yield Bond, US Convertibles and Equity Income strategies. Doug is also a member of the firm’s Executive Committee. Prior to joining Nicholas-Applegate, Doug was a securities analyst at AEGON USA, where he was responsible for analysis of high yield securities. Doug attended The University of Iowa, where he earned his B.B.A. in finance. He has sixteen years of investment industry experience.

John McCraw has portfolio management and research responsibilities for the US Micro/Emerging Growth teams. Prior to joining the team, John assisted in management, trading and research of international portfolios and product development. Before he joined Nicholas-Applegate in 1992, John was branch manager/loan officer with the Citizens & Southern National Bank. He earned his B.A. from Flagler College and his M.B.A. from the University of California, Irvine. He has seventeen years of investment industry experience.

Kathy Rich is responsible for client service and international sales efforts for the firm. Prior to joining Nicholas-Applegate in 1999, Kathy was a principal and client relationship officer/team leader with Barclays Global Investors. She was previously a senior investment consultant with Hewitt Associates, and a consultant with Buck Consultants. Kathy was also a portfolio manager with American National Bank & Trust Co. She earned her M.B.A. at The University of Chicago, Graduate School of Business, and her B.B.A. from the University of Michigan. Kathy has over twenty-five years of investment industry experience.