1. FRANK J. CACCIO, JR.
86 Sheffield Drive Phone: 732-221-9625
Freehold, NJ 07728 Email: fc709@aol.com
PROFESSIONAL SUMMARY:
Hedge fund senior manager specializing in firm operations with experience in both the buy and sell sides of the
industry (e.g. Tiger Management, Morgan Stanley, Highbridge Capital). Knowledgeable in a wide range of global
markets and investment products. A proven leadership track record in identifying and developing the operational
requirements and necessary support for either a start-up or expanding hedge fund business. Developed an
extensive network consisting of hedge fund professionals and service providers.
CAREER HIGHLIGHTS:
March 2008 – June 2008 – Chief Operating Officer – Lasair Capital, New York Fund of Hedge Funds
Performed all COO functions for a start-up business and launched a fund under a very rigorous timeframe
• Responsibilities included: legal, compliance, operations, accounting, technology, managing service providers,
operational due diligence, human resources, insurance, facilities and benefits
April 2006 – February 2008 – Managing Director, Head of Global Operations – Highbridge Capital, New York
Multi-Strategy hedge fund with approx $30 billion assets under management. Built the operational infrastructure
as assets under management tripled
• Recruited 30-40 operations managers and staff (includes additions and replacements)
• Designed a process for launching new firm initiatives (new funds, SICAV’s, managed accounts)
• Implemented controls and procedures throughout operations
• Developed a middle office group located on or near trading desks
• Implemented various vendor products to enhance operations
• Built out global operations, London, Hong Kong
• Developed “follow the sun” operations flow and coordination
• Implemented management oversight tools (reporting, allocations, process monitoring)
• Developed and mentored operations managers
June 2004 – February 2006 – Managing Director, Chief Operating Officer for Asset Management Group
Integrated Finance Limited, New York – Built the operational infrastructure for two start-up hedge funds
• Selected and managed hedge fund administrator and prime broker
• Coordinated with legal counsel developing the offering memorandum
• Led effort to build compliance procedures and coordinated effort for ISDA agreements
• Implemented business continuity plan
• Recruited, developed and managed the controller and operations team
• Managed direct reports with developing procedures, e.g. valuations, P&L, collateral and cash management
• Led all operational due diligence meetings with potential investors and credit officers
• Developed and participated in month-end valuation committee meetings
June 2001 - February 2003 – Chief Operating Officer - Claiborne Capital Management, LP, Greenwich, CT -
Long/short equity hedge fund with assets under management of $500 million
• Designed and implemented the operational flow and controls for a multi-fund/multi-manager organization
• Served as the firm's Compliance Officer
• Coordinated efforts in the selection of the firm's technology
• Recruited and managed the firm's Controller, Technology Director and operations staff
• Managed relationships of service providers and vendors
• Led all operational due diligence meetings for investor base
• Developed a comprehensive due diligence document and business continuity plan for the firm
• Coordinated with firm lawyers: contracts, Board of Director requirements and Patriot's Act

2. FRANK. J. CACCIO, JR. Page Two
November 2000 - June 2001 – Consultant – Prime Brokerage Group - Morgan Stanley, New York
Provided consulting services for the operational needs of hedge fund clients while employed at Morgan Stanley
April 2000 - October 2000 – Senior Vice President - Jefferies and Company, New York
Hired to build and manage newly formed prime brokerage department
April 1992 - March 2000 – Director of Operations - Tiger Management, L.L.C., New York
Multi-billion dollar hedge fund
• Charged with building the operational infrastructure for the firm as assets under management grew from $2
billion to $20 billion
• Managed 25 middle and back office employees with responsibility for all trades, positions and cash
processing, movements and maintenance, global settlements for all products, confirmation and
reconciliation, trade allocations and ticket control
• Monitored private deals, managed accounts, position limits and filing thresholds
• Instituted controls and procedures for the middle and back office areas
• Spearheaded many cross-departmental projects: merging and dissolving fund partnerships, EMU readiness,
electronic storage reduction, year-end planning and staffing
• Accomplished the streamlining and automation of many functions that reduced costs, increased productivity
and decreased the firm's dependencies on prime brokers
• Established external controls to increase counter-party confidentiality
• Coordinated research efforts for foreign investments setup and licensing
• Participated in a major firm initiative to develop a proprietary portfolio management system
• Organized weekly senior management meetings to enhance communications regarding major investments
and fund activities
April 1986 - March 1992 – Assistant Vice President - Security Pacific (The Sequor Group), New York
Built and managed operations to support tri-party repos
• Managed fiduciary responsibilities by serving as intermediary on tri-party repurchase transactions
• Built an operational infrastructure for tri-party repos reaching $15 billion
• Developed and implemented procedures for all operational activities of the department
• Provided functional specifications for the development of a proprietary system
March 1980 - March 1986 – Supervisor - Morgan Stanley, New York
Developed operations experience in the securities movement and control department
• Assisted in the on-site implementation of a new proprietary system in the Tokyo office
• Assigned to the London office to resolve operational problems
• Member of management task force charged with reorganizing the mortgage backed securities operation
PROFESSIONAL LICENSES:
Series 7: Registered Representative Series 66: Uniform Combined State Law
EDUCATION:
Pace University, New York, NY - Associate's Degree in General Business