TODD KATA

Todd E. Kata is a founder and managing member of the General Partner and Investment Advisor. Mr. Kata  serves as the Chief Operating Officer for the General Partner and Investment Advisor. Prior to joining Breacher, Mr. Kata served  as Chief Operating  Officer of Varna Capital LLC, a discretionary fundamental value Equity Long /Short hedge fund. Prior to Varna, Mr. Kata was responsible for equity long/short manager research and allocations at Man Group, plc, a $112  billion asset management firm specializing in alternative investment strategies. Prior to Man Group, Mr. Kata was Chief Operating Officer at Calypso Capital Management, a Europe-focused Equity Long/Short hedge fund where he was  able to grow the firm's assets to over $1.25 billions over seven years. Prior to Calypso, he was with Morgan Stanley, where he was responsible for running the equity long/ short allocations for the Alternative Investment Partners division within Morgan Stanley Investment Management, and The Carlyle Group, where he helped  build their liquid Alternative Asset Management business from inception. He started his career at Morgan Stanley in Institutional equity and fixed income trading. Mr. Kata graduated from Princeton University with an A.B. in Economics and  a certificate in Political Economy.