Patrick C. Sheedy

Functions as a College/University

Provides investment advice and consulting services

Aurora Investment Management offers multi-adviser portfolio investment solutions that are either multi-manager, multi-strategy or multi-manager, single-strategy, as well as more customized portfolio solutions. The firm generally allocates clients' capital among a select group of experienced portfolio managers selected for their expertise implementing a certain strategy. Aurora may engage in direct trading, but typically they only do so for hedging and portfolio reallocation purposes or in connection with the liquidation of securities that were distributed in-kind to a client. Cash balances may be invested in any instruments Aurora deems appropriate including, stocks, options, futures, money market instruments, mutual funds, and other investment companies. In addition to directly investing, Aurora may buy or sell interests of an underlying fund in the secondary market. Aurora offers five strategies for the Aurora Funds: Diversified Multi-Strategy, Global Diversified Multi-Strategy, Diversified Hedged Equity, Diversified Global Macro, and Diversified Credit. The firm's Diversified Multi-Strategy approach seeks to generate consistent long-term capital appreciation with low volatility and correlation with the equity and bond markets. The managers selected for this strategy are segmented into six strategies: Long/Short Equities, Long/Short Credit, Opportunistic, Macro, Event-Driven, and Portfolio Hedge. Aurora's Global Diversified Multi-Strategy approach seeks long-term capital appreciation with diversification of risk through a multi-manager, multi-strategy global investment approach. The strategy attempts to provide global diversification across markets which may include the US, Latin America, Eastern and Western Europe, and Asia. The managers of this approach are divided into five strategies: Long/Short Equities, Long/Short Credit, Opportunistic, Macro, and Event-Driven. The Diversified Hedged Equity strategy seeks to provide consistent long-term capital appreciation with moderate volatility and moderate correlation through a multi-manager, single-strategy investment philosophy, focused primarily on hedged equity trading strategies. The underlying hedge fund managers selected for this strategy are segmented into three specialties: Generalists, Sector Specialists, and Geographic Specialists. Aurora's Diversified Global Macro strategy seeks to generate consistent long-term capital appreciation with low correlation through a portfolio with a diversified risk profile. The managers selected for this strategy are segmented into six strategies: Discretionary, Systematic, Commodities, Macro Equity, Emerging Markets, and Tail-Risk. The firm's Diversified Credit strategy is designed to generate long-term capital appreciation by investing with hedge fund managers that utilize a long/short credit investment strategy. ^