BIOGRAPHY

Dean G. Tanella has been a member of GunnAllen Financial since December of 2004. At the firm, Tanella established the Capital Markets Group, which manages GunnAllen Financial’s Investment Banking, Venture Capital, Institutional Sales, Syndicate, and Alternative Products departments. He is now the Executive Vice President of the Capital Markets Group.

Before GunnAllen Financial, Tanella established his own fund-of-funds, HarborLight Capital Management (HCM) in mid-2003. HCM is also known as a branch of the firm that Tanella found in 1999, Safe Harbor Capital Management (SHCM). SafeHarbor proved to be effective. Tanella’s company managed over $180 million in assets for prosperous families, individuals, foundations, and university endowments.

From 1994-1999, Tanella served as Senior Managing Director, where he headed the U.S. and European Institutional Equity Sales for Raymond James & Associates, Inc. As the Senior Managing Director, Tanella was in charge of overseeing the domestic and international institutional Equity Sales divisions. In addition, he also spent four years as a partner and member of the Board of Directors of Adams, Harkness and Hill; which is a Boston-based institutional research and investment firm.

Dean Tanella has had experience managing institutional equity and investments, both domestic and international for years. He is a key member of several investment firms since earning his MBA from Harvard Business School. As a result of his years of experience, he has accumulated an abundance of comprehensive knowledge of investors, as well as a various investment philosophies and styles.

To add on, Tanella was also a senior member of the institutional equities team for CS First Boston in Boston, and also previously worked as the assistant to the Chairman of the Vangaurd, John C. Bogle. Throughout both his sell-side and buy-side investment career, Tanella developed thorough knowledge of mutual fund managers as well as numerous private investment managers, including full knowledge of their performance records, attributions of returns, consistency of investment philosophy and operating style, and importantly, insight into the quality of their character, each being highly significant in the process of selecting funds.