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Michael Markowitz

Mr. Markowitz, who also holds the titles of executive vice president and partner, will be responsible for setting the overall investment strategy of the firm and for the oversight of all investment functions of the firm including trading, credit research and operational aspects of the trading desk.

Pauline Modjeski, president and executive managing partner, said, “Mike’s expertise and experience in the fixed income markets will be a huge advantage to the firm and a benefit to our clients. His addition to the executive management team is very exciting and reinforces the future success of Horizon.”

Mr. Markowitz has more than 23 years of experience in managing fixed income portfolios for institutional, Central Bank and retail clients. Before joining Horizon, he was a Managing Director and Head of Short Duration Fixed Income at Guggenheim Partners where he helped launch and manage a Short Duration, actively managed exchange-traded fund. Prior to joining Guggenheim, he was a Managing Director and Head of Short Duration Fixed Income with UBS Global Asset Management where he was responsible for all trading and investment strategies of the Money Market funds and all separate accounts with a maximum maturity of five years. In addition, Mr. Markowitz has been a frequent speaker at Fixed Income Industry conferences.

Horizon Cash Management was founded in 1991 by Diane Mix (now Chairman) and since then has been offering cash management solutions to global clients including managed futures funds, family offices, hedge funds and institutional investors. Horizon’s cash management services are complemented by Secure Deposits solutions which have gained attention as the current financial crisis has taken its toll on some participants. Horizon manages approximately $2 billion USD for its clients worldwide. For more information about Horizon and its services, please visit their website at www.horizoncash.com.

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