Zack H. Bacon, III has been the Chief Executive Officer, Chief Investment Officer and Managing Director of Alstra Capital Management, LLC. since August 2003. Mr. Bacon served as a Managing Director of each of Moore Capital Management, LLC ("MCM") and Moore Capital Advisors, L.L.C. since October 1998. From 1985 to 1998, he ran his Own Asset Management Firm. Before this, he managed the Non-Equity Portfolio of Soros Fund Management Company, from 1983 of 1985. He served as a Vice President at Goldman, Sachs & Co. He served as Deputy Chairman of Alterra Capital Holdings Limited (also known as Max Capital Group Ltd). and its subsidiary Max Re Ltd. since 2003. He has been a Director of Max Capital Group Ltd. (formerly Max Re Capital Ltd) and Max Re Ltd. since July 1999. He has been a Member of the Board of Directors of each of Moore Capital Management, LLC (“MCM”) and Moore Capital Advisors, L.L.C. Since October 1998. He serves as a Director of Markel Bermuda Limited. He served as a Director of Max Bermuda Ltd. from July 1999 May 2007. Mr. Bacon received a B.A. in English from the University of North Carolina at Chapel Hill in 1975, where he was elected to Phi Beta Kappa and an M.B.A. from the Columbia Business School in 1977, where he was elected to Beta Gamma Sigma.