Malcolm Fairbairn

Malcolm Fairbairn founded Ascend Capital in 1999. Prior to launching the fund, Mr. Fairbairn was Managing Director of Structured Equities for Citadel Investment Group, Inc. in Chicago, Illinois. Subsequently, he launched and was Portfolio Manager for Orchard Partners, L.P., for Citadel Investment Group in San Francisco. From 1994 to 1997, Mr. Fairbairn worked as Senior Analyst for Strome Susskind, L.P. and was a Portfolio Manager for Strome HedgeCap, L.P., in Santa Monica, California. In 1993, he served as an Equity Analyst for Capital Research and Management Group in Los Angeles. Mr. Fairbairn received his M.B.A. from Harvard Business School in 1994 and was awarded his B.S. and M.S. degrees in Chemical Engineering from Massachusetts Institute of Technology in 1985.