Subject: Northbay Capital
From: "Joan Peugh" <[email-masked]>
To: <[email-masked]>, "Eric Schwerin" <[email-masked]>, <[email-masked]>, <[email-masked]>
Cc: <[email-masked]>
Date: Thu, 25 Mar 2010 12:00:43 -0400

Today Arlene had a call with Chris Tosi of Northbay Capital regarding a
potential working relationship. We’ve decided to turn them down as we
believe their AUM of $90 ML is too small to be helpful. Jonathan, thank you
for the recommendation. We appreciate it.

*Joan K. Peugh***

*Rosemont Seneca Partners*

1010 Wisconsin Avenue, NW

Suite 705

Washington, DC 20007

T:(202) 333-1880

F: (202 333-1886

M: (202) 841-8543

[email-masked]