christian olesen

Summer intern at private equity firm (JV between Swiss Re and Credit Suisse) specializing in insurance and risk management industry. Was offered full-time employment as an analyst after graduation.

Summer intern at boutique investment bank specializing in securitizations.

Intern in management consulting division of Ernst & Young.

Intern in UK office of firm providing accounting, tax and royalty auditing services for entertainment industry clients.

* Associate, Research, Aug 2003 * Dec 2003 Senior Associate, Research, Jan 2004 * June 2004 I wrote research reports on distressed and high yield securities and provided research and analysis for the firm's clients (mostly hedge funds) and the firm's trading desk. DebtTraders Group was a broker-dealer specializing in distressed and high yield securities.

Financial Analyst, Feb 2001 - Dec 2002 Senior Financial Analyst, Jan 2003 - Aug 2003 Stern Stewart is a financial advisory firm best know for its EVA (Economic Value Added) framework. I worked in the Corporate Finance Advisory and Middle-Market EVA Group. Most of my work was on corporate finance projects, such as evaluations of acquisitions, divestitures and capital structure, for mid-sized and large corporations. I also worked on designing incentive compensation and performance measurement plans for middle-market companies, using the EVA framework. My work primarily consisted of building financial models, working on client presentations and performing various research.

I performed fundamental research on investment opportunities in equity and credit and executed trades in a wide variety of financial instruments, incl. distressed and high yield bonds, equities, credit default swaps, equity options, convertible bonds, warrants, et al. Xaraf Management was a sub-manager for Paloma Partners, a multi-strategy hedge fund, founded in 1981, with approx. $2bn under management during my tenure.

I am the fund manager of Olesen Value Fund L.P. The fund's objective is to generate substantial capital appreciation over the long term. Given our long-term objective, we define risk as a permanent loss of capital. We do not necessarily view volatility as a risk that is to be avoided at any cost, but tend to view volatility as an opportunity. The portfolio consists primarily of long positions, but we may also sell short. I adhere to a value investing philosophy, and employ a bottom-up, company-specific, research-intensive approach, focusing on detailed analyses of financial statements, valuation analyses, speaking with management, and other relevant information. The fund has a flexible investment approach. We invest primarily in equities, but may also invest in other securities, such as distressed/high yield bonds, warrants, etc. We sometimes invest in special situations, arbitrages, etc. We invest globally in both small and large cap securities.