United States of America
Peter Brennan, MBA, CFA is a New York based investor who has worked over 30 years in the investment management business as an analyst and portfolio manager. In 2004 Mr. Brennan founded Damel Investors LLC, a private partnership which invests in small technology companies. Since 2005 Mr. Brennan has been a director and a member of the audit committee of Sonomax Technologies Inc., a Montreal based hearing healthcare company. From 1989 to 2007, Mr. Brennan co-founded MidCap Associates, Inc. and co-developed a low price/earnings equity product for institutional investors and managed a series of investment partnerships with Philip "Pete" Palmer. From 1998 to April 2002, Mr. Brennan was President of Noyes Partners Incorporated, a registered NASD broker-dealer which he joined in 1989. Noyes Partners was a family office founded by Jansen Noyes, the former CEO of Hornblower & Weeks Hemphill, Noyes and Chairman of Cornell University. From 1987 to 1989, Mr. Brennan was assistant to the Senior Partner of Grayson, Burger & Company, an NASD registered broker-dealer. His responsibilities included portfolio management, client contact and fundamental equity analysis. Mr. Brennan, from 1984 to 1987, was President of 44 Securities Inc., a registered broker-dealer. There he was responsible for trading and quantitative research analysis. From 1981 to 1984, he was a technology analyst at Schroder Capital Management. Concurrently, Mr. Brennan was Assistant Vice President of the Naess and Thomas Special Fund, a mutual fund specializing in emerging growth companies and special situations. Mr. Brennan received his MBA from the University of Chicago in 1979 and his BA from Haverford College in 1977. He is a member and past Chairman of the Corporate Governance Committee of the New York Society of Security Analysts and received the 2001 Volunteer of the Year award from the NYSSA. Mr. Brennan was a member of the US Advocacy Committee of the CFA Institute and was a founding member of the Capital Markets Policy Council of the CFA Institute for Market Integrity, the global advocacy committee of the CFA Institute.