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Roy Borrelli
ROY D. BORRELLI
Vice President - Loan Operations
(212) 763-4620
rborrelli@churchillnet.com

Mr. Borrelli joined Churchill Financial from PHH Mortgage in Mt. Laurel, New Jersey. At PHH Mortgage, Mr. Borrelli was a Director of Internal Audit performing Sarbanes-Oxley audits of internal controls over financial reporting. Prior to PHH Mortgage, Mr. Borrelli was Vice President of Loan Operations for Independence Community Bank (ICB). Previously, Mr. Borrelli spent 23 years at IBJ Whitehall Bank and Trust Co. in New York where he was a Vice President responsible for Loan and Treasury Operations.

BS – Business Administration, St. Francis College; MBA – Finance, Wagner College

CHRISTOPHER B. COX
Managing Director & Chief Risk Officer
(212) 763-4626
ccox@churchillnet.com

Mr. Cox joined Churchill Financial from GE Commercial Finance in New York. During his nine years at GE Commercial Finance, Mr. Cox held various Risk Management roles within the Corporate Lending business focusing on transactions in the middle market space. He most recently held the position of Chief Risk Officer for the New York Intermediary Group. He began his lending career with GE Commercial Finance in Stamford, Connecticut. Prior to joining GE Commercial Finance, Chris worked at Morgan Stanley, Arthur Andersen and Gibbs & Cox, Inc.

BS – Civil Engineering, Tufts University; MBA – beta gamma sigma,
Fordham University

CAREY B. DAVIDSON
Vice President
(212) 763-4640
cdavidson@churchillnet.com

Ms. Davidson joined Churchill Financial from GE Antares Capital in Chicago. At GE Antares, Ms. Davidson was responsible for structuring, underwriting, documentation and management of middle market leveraged cash flow transactions. Ms. Davidson originally joined General Electric as a member of NBC's Financial Management Program. Upon completion of that program, she held two finance roles, the final being a Manager of Financial Planning & Analysis.

BA – Communications, the University of Wisconsin-Madison; MBA – Finance, Accounting and Entrepreneurship, The University of Chicago Graduate School of Business

THOMAS M. HENNIGAN
Senior Vice President- Head of Underwriting and Portfolio Management
(212) 763-4636
thennigan@churchillnet.com

Mr. Hennigan joined Churchill from GE Corporate Financial Services in Atlanta, Georgia. During his four years at GE, he had underwriting and portfolio management responsibilities in the Global Sponsor Finance Group, and more recently in the Global Media and Communications Group. He began his career with Wachovia Securities, Inc. in Atlanta where he worked in middle market investment banking and loan syndications.

BS – Business Administration, University of North Carolina at Chapel Hill

ERIC M. HERR
Managing Director
(212) 763-4618
eherr@churchillnet.com

Mr. Herr joined Churchill Financial from GE/Antares in New York. During his eight years at GE, Mr. Herr had business development responsibilities in the Global Sponsor Finance (“GSF”) Group. Prior to GSF, Mr. Herr built and led a portfolio and underwriting group for GE’s Corporate Lending Group in New York. He began his career with GE in the Merchant Banking Group in Chicago. Prior to GE, Mr. Herr worked at Transamerica and Chrysler Capital.

BS – Finance, Rider University

ARTIS LIN
Vice President
(312) 252-9716
alin@churchillnet.com

Ms. Lin joined Churchill Financial from GE Antares in New York where she was responsible for structuring, underwriting, documentation and management of middle market leveraged cash flow transactions. In addition, she spent three years in the Asset Recovery Group where she structured and managed numerous distressed accounts. Prior to GE Antares, she completed the rotational program at Heller Financial where her rotations focused on Portfolio Management, Finance and Underwriting.

BS – Finance, University of Illinois at Urabana-Champaign; MBA – Kellogg School of Managment

DAVID T. MONTAGUE
Vice President
(212) 763-4630
dmontague@churchillnet.com

Mr. Montague joined Churchill Financial from GE Commercial Finance in New York. During his seven years at GE Commercial Finance, Mr. Montague held various Risk Management roles within the Corporate Lending business focusing on transactions in the middle market space. He most recently held the position of Vice President of Portfolio and Underwriting for the New York Intermediary Group. He began his lending career with GE Commercial Finance in Norwalk, Connecticut. Prior to joining GE Commercial Finance, David worked at Allen C. Schneider & Co. LLP CPAs.

BS – Economics, University of Rochester; MBA – Finance/Accounting, William E. Simon Graduate School of Business Administration; CPA

KEVIN T. MURRAY
Managing Director - Chicago Office
(312) 252-9714
kmurray@churchillnet.com

Mr. Murray joined Churchill Financial from GE Corporate Financial Services in Chicago where he was a Managing Director in the Global Sponsor Finance Group. While at GE, Mr. Murray was responsible for originating and structuring cashflow and asset based leveraged financings including senior and second lien debt, mezzanine, high yield and equity co-investments for Midwest and West Coast based private equity sponsors. Prior to GE, Mr. Murray spent 15 years at Bank One and its predecessor organizations, First Chicago and NBD Bank.

BS – Finance, University at Buffalo; MBA– Marketing and Finance, Kelley School of Business at Indiana University.

ROBERT SMITH
Vice President
(212) 763-4616
bsmith@churchillnet.com

Mr. Smith joined Churchill Financial from PMI Guaranty in Jersey City, NJ, where in his role as a management consultant he developed financial models for use in both corporate planning and rating agency compliance. Prior to that and several other consulting assignments, he spent 13 years at Capital Re/ACE Guaranty Corp (now Assured Guaranty), where he served as both a Vice President of Finance and Vice President of Credit Derivatives during his tenure. Mr. Smith began his career in the Corporate Controller's department of Chase Manhattan Bank, where he was an Assistant Treasurer.

BS – Business Administration, cum laude, Georgetown University; MBA – magna cum laude, Fordham University

HUGH WILDER
Managing Director — Chicago Office
hwilder@churchillnet.com

Mr. Wilder joined Churchill Financial in May 2007 as its Managing Director and Head of the firm's Chicago office. Prior to joining Churchill, Mr. Wilder held a number of positions for GE's Commercial Finance's Global Sponsor Group, including as the Senior Managing Director responsible for all West Coast sponsor activity and as a Senior Vice President in the Corporate Asset Quality area. He also has held a series of senior positions at Heller Financial from 1985 to 2001.

BS – University of Missouri – St. Louis; MBA – Lake Forest Graduate School of Management.

ARMINDA YOUSE-WARDE
Senior Vice President
(212) 763-4666
mwarde@churchillnet.com

Arminda joined Churchill Financial from PNC Bank where she was responsible for originating, structuring, underwriting and monitoring of middle market leveraged loans. In addition to loan origination, structuring and portfolio management, she has also managed private equity fund investments. She also held credit approval positions for middle market and large corporate borrowers at PNC. Arminda's 20 years experience in leverage lending also includes helping to start the Barclays Leveraged Finance Group in the mid-90's and being an original member of the Barclays Mezzanine Group and the Special Transactions Group which provided review of all leveraged loans.

BA – Economics, cum laude, University of Rochester; MBA– Finance/Accounting, William E. Simon Graduate School of Business Administration.