Mr. Tecotzky has been our Executive Vice President since our conversion to a registered closed-end fund on April 1, 2025, and was previously our Co-Chief Investment Officer since October 2012. Mr. Tecotzky has also been the Co-Chief Investment Officer of Ellington Financial Inc. (NYSE: EFC) since March 2008. Mr. Tecotzky is also a Vice Chairman - Co-Head of Credit Strategies of Ellington Management Group, L.L.C. (“EMG”), and head portfolio manager for all MBS/ABS credit. Prior to joining EMG in July 2006, Mr. Tecotzky was the senior trader in the mortgage department at Credit Suisse. He developed and launched several of its securitization vehicles, including hybrid adjustable-rate mortgages, or "ARMs", and second liens, and subsequently ran its hybrid ARM business, including conduit pricing, servicing sales, monthly securitization, trading of Agency/non-Agency hybrids of all ratings categories and managing and hedging the residual portfolio. Prior to joining Credit Suisse, Mr. Tecotzky worked with Mr. Vranos and many of the other EMG principals at Kidder Peabody, and traded Agency and non-Agency pass-throughs and structured CMOs as a Managing Director. Mr. Tecotzky holds a B.S. from Yale University, and received a National Science Foundation fellowship to study at MIT.