CLO expert with deep experience in CLO investing and structuring; extensive knowledge of CLO models & documentation and hands-on work in risk retention mechanics. Deep relationships with market participants built across 15 years in the CLO business. Specialties: CLO/CDO, Structured Credit Products, Portfolio Management, CLO Investing, Structuring, Financial Modeling, Documentation, Risk Retention, Investor Relations, CLO Manager M&A, Derivatives, Fixed Income, Rating Agency Analysis, CFOs of Private Equity

Vice President @ - CLO equity investing - Providing structuring expertise for in-house CLO deals, including European risk retention compliance and CLO refinancing - Negotiating funding facilities for leveraged finance group managed vehicles, including warehouse facilities and leverage facilities for non-CLO vehicles From May 2013 to Present (2 years 4 months) Greater New York City AreaConsultant @ - Methodology development assistance across a wide range of asset classes, including: broadly syndicated and SME CLOs, resecuritizations of structured finance CDOs, CFOs of Private Equity, Corporate Credit estimates and derivative counterparty risk exposure - Model development and staff training - Ratings analysis across CLOs, CDOs and CFOs - Dodd-Frank regulatory compliance From November 2010 to May 2013 (2 years 7 months) Independent Structured Finance Consultant @ Structured finance investing, CLO manager M&A transition assistance and other projects making use of both buy- and sell-side experience and contacts developed over more than ten years in the structured finance market From June 2010 to May 2013 (3 years) Portfolio Manager @ - Evaluating CLO investment opportunities and serving as Structured Credit Portfolio manager across all funds - Serving as Portfolio Manager for two vehicles: one CBO and one CLO, post-reinvestment period - Worked with credit analysts to maximize terminal value for investors - Prepared quarterly newsletters relating to the funds and handled other investor communications - Participated in investment committee meetings relating to all funds - Helping design strategies for future growth for the business, including preparation of models and marketing materials - Building proprietary Excel CLO models for evaluation of investment ideas and monitoring Callidus-managed funds - Designing and implementing monitoring solutions for CLO assets - Managed transfer of all nine of Callidus's funds to GSO / Blackstone, involving extensive work with investors, rating agencies and other third parties From December 2007 to May 2010 (2 years 6 months) Vice President - Structured Credit Products @ Extensive structuring and origination expertise across a wide range of underlying collateralized debt obligation (CDO) asset classes, leading the structuring and execution of CLOs of broadly syndicated and middle market loans, CDOs of ABS (both cash and synthetic), and CDO^2 transactions. From July 2000 to 2007 (7 years) Actuarial Analyst @ - Operated FORTRAN-based models to value corporate defined benefit and healthcare plans - Performed aquisition-related analysis on merging corporate benefit plans From June 1999 to June 2000 (1 year 1 month)

BA with High Distinction, Mathematics and Political and Social Thought @ University of Virginia From 1995 to 1999 Leona Clague is skilled in: Structured Products, Fixed Income, Structuring, Derivatives, Portfolio Management, Financial Modeling, Investor Relations, Documentation, CLO, Securitization, CDO, Structured Finance, Investment Banking, Credit Derivatives, Alternative Investments, Asset Management, Investments, Customer Relations, Financial Structuring