Mr. Kendall is a Founder and Principal of Five Mile. Prior to Five Mile, Mr. Kendall founded, developed and managed a succession of fixed income investment management and trading businesses. For more than 20 years, he held positions of responsibility for the following business areas, among others: Financial Security Assurance Holdings Ltd – Establishment and oversight of the Asset Management Group; Koch Industries – Head of Derivatives and Global Financial Trading; Wasserstein Perella Asset Management – Founder and CIO; Greenwich Capital – Manager, Mortgage and Asset backed Department; and Kidder, Peabody – Head of Contract Trading and Mortgage Sales. Mr. Kendall began his career at Salomon