PEOPLE

Winslow Management is a 100% employee-owned investment advisory firm based in Boston, MA. The firm is managed and owned by its two partners, Jackson Robinson and Matthew Patsky. Winslow's investment committee contributes over 75 years of investment experience to the management of Winslow's portfolios.

MANAGEMENT

Jackson W. Robinson
President & Chief Investment Officer

In the 1950's, Jack Robinson's parents authored The Have-More Plan, a seminal "back-to-the-land" book on self-sufficiency, and they raised Jack on a rural homestead based on The Have-More Plan's tenets. He grew up learning about sustainable agriculture, recycling, and renewable energy source - all early lessons that played important roles in his personal and professional life.

After graduating from Brown University, Jack entered the financial services industry in Boston, working in commercial banking, institutional sales, and money management. In 1979 he moved to Vermont, where he was an officer and director of Garden Way, Inc., and President of the National Gardening Association, both socially responsible entities. Through these positions, he observed that environmental and social responsibility can enhance corporate profitability, and made a decision to apply this insight to the development of a new investment business.

In 1983 Jack started Winslow Management with the mission of providing green investment services to individual and institutional clients. After several years of managing environmentally responsible portfolios and discovering how they often outperformed unscreened portfolios, he decided in 1991 to focus exclusively on green investing. Under Jack's leadership, Winslow has developed a unique growth investment style, investing exclusively in companies with clean operations and focusing on green sectors such as organic food production or renewable energy. Winslow's strategy is to find hidden opportunities among the companies in these markets - companies that appear poised for rapid growth, or companies whose stocks are undervalued by the broader market.

Jack serves on the Board of Directors of Spartech Corporation (NYSE:SEH), as a director of the Jupiter European Opportunities Trust PLC, and as a Trustee of Suffield Academy, where he chairs the investment committee. Mr. Robinson also serves on the Advisory Board of the American Council for Renewable Energy (ACORE) and participates in the Brown Forum for Enterprise. He is frequently quoted by Barron's, CNBC, The Wall Street Journal, Investor's Business Daily, and The New York Times.

Matthew W. Patsky, CFA
Partner & Portfolio Manager

Matt has over 20 years of investment research and investment management experience. Prior to joining Winslow in 2002, Matt served as Director of Equity Research for Boston-based Adams Harkness, Inc., where he supervised 21 research analysts focused on emerging growth technology, healthcare and consumer companies. Prior to joining Adams Harkness, Inc., in 1995, Matt was a vice president at Robertson Stephens & Co. He began his career with Lehman Brothers in 1984, joining as a sell-side analyst after graduating from Rensselaer Polytechnic Institute.

Matt is widely considered to be a green investing expert. As a sell-side analyst he authored over ten industry reports on the topic, including the first report ever published by an investment bank on socially responsible investing in 1994. At Adams Harkness, Inc., he continued studying how health-conscious and aging consumers are adopting natural products over time. He is currently a frequent speaker and media source on a range of green investing topics, including renewable energy, climate change, and organic products.

Matt is a CFA charterholder. He serves on the board of Ecologic Finance, a non-profit investment firm focused on lending to low-income communities in Latin America, Asia and Africa whose business activities foster environmental conservation.

INVESTMENT COMMITTEE

(alphabetical order)

Karina Funk, CFA
Equity Research

Karina joined Winslow Management Company after previous experience as an independent consultant to entrepreneurs and venture capital investors in the clean energy space. Prior to joining Winslow, she managed direct investments at the Massachusetts Renewable Energy Trust, where she launched an $8 million initiative for early-stage companies and managed the Trust's commitment as lead LP of the Massachusetts Green Energy Fund, a $17 million venture capital fund. Earlier in her career, Karina was a strategy consultant at Cap Gemini Ernst & Young, and before that she was at Électricité de France, advising their corporate strategy division on the economics of alternative energy technologies. She holds a B.S. in Chemical Engineering from Purdue University, two Masters degrees from MIT, a post-graduate diploma from the École Polytechnique in France. She is a CFA charterholder.

Abbott W. Lawrence, CFA
Senior Equity Analyst

Abbott joined Winslow's investment team in 2006 and has over 10 years of equity research experience. Before joining Winslow, Abbott worked as consultant with Bain and Company in Boston, in their private equity and general consulting practices. From 1996 to 1999, he worked as a consumer, healthy living and transportation research analyst for Essex Investment Management in Boston. He began his career in Hong Kong working as an equity analyst for James Capel, the Hongkong Shanghai Bank's institutional brokerage division. Abbott received a B.A. magna cum laude from Harvard University in American History and an M.B.A. from Northwestern's Kellogg School of Management. Abbott is a CFA charterholder.

Elizabeth Levy
Senior Analyst, Environmental Research

Elizabeth leads Winslow's environmental research effort, tracking environmental trends and conducting the environmental reviews of all potential investments. She also provides fundamental research coverage with a focus on water solutions companies. Before joining Winslow, she worked as a Research Associate for Tellus Institute, an environmental research organization. She serves on the Steering Committee of the Social Investment Research Analysts Network (SIRAN) and co-chairs its Research and Outreach Committee. She holds a B.S. in Chemistry from the College of William and Mary and a Master of Environmental Management from the Yale School of Forestry and Environmental Studies. She is currently a Level II candidate for the Chartered Financial Analyst designation.

Mark Odell
Portfolio Trader

Mark is Winslow's primary portfolio trader. He is responsible for the accurate and efficient execution of Winslow's investment decisions, and is an active participant on Winslow's investment committee. Mark has over 15 years of equity trading experience. Prior to joining Winslow, Mark held a senior trading position at Canaccord Adams in Boston, where he worked for over five years. Mark also was a senior trader at Friedman, Billings and Ramsey for five years, and began his career at Lehman Brothers in New York.

STAFF

Michelle McDonough
Director of Operations

Michelle oversees all of Winslow's operations and administration activites, and brings extensive experience in portfolio and trading operations, information technology and business strategy to Winslow. Prior to joining Winslow, Michelle held the position of Business Analyst at Canaccord Adams, where she acted as an internal consultant on a variety of projects including workflow analysis, technology evaluation, and systems implementation. Earlier in her career she was an operations specialist in asset management. Michelle received her B.S. in Management from Salem State College.

Eric Woodbury
Chief Legal & Compliance Officer

Eric brings over 20 years of investment management legal, compliance and operational experience to Winslow. He has helped design and launch a broad range of investment products, and has handled SEC and IRS compliance matters. He has held senior legal and compliance positions at Eaton Vance Corp. and East Hill Management Company, and earlier in his career he was an associate at the law firms of Dechert and Gaston & Snow. Eric holds a B.A. in English, a Masters in Education and a J.D. from Boston College. He has published a book on New England farmland protection and supports Maine coastal conservation.

Ethan Berkwits
Director of Marketing

Ethan oversees all of Winslow's sales, marketing and distribution programs. Prior to joining Winslow, Ethan was the marketing director for Green Century Funds, an environmentally responsible mutual fund company based in Boston. Earlier in his career, Ethan was a Principal at Alliance Consulting Group, a Boston-based strategic consulting firm focusing on the technology and consumer products industries, and also spent several years working as an associate within Merrill Lynch's Private Client Group. Ethan received a B.A. in Public Policy from Duke University in 1993, and received his M.B.A. summa cum laude from Boston University in 1996.

Sarah Falk
Client Relations Specialist

Sarah is Winslow's Client Relations Specialist, she ensures quality service for all of Winslow's institutional accounts and serves as the firm's primary point of contact for institutional consultants. Sarah has signficiant experience in the financial services industry.  Prior to joining Winslow she held the position of Equities Business Analyst & Sales Associate at Canaccord Adams, where she performed extensive department analysis, cultivated client relationships, marketed with executive management teams and played a lead role in organizing the firm’s annual investor conference.  Earlier in her career she was a Senior Analyst at Thomson Financial Research.  Sarah received her B.A. in Economics from Tufts University.

Ginger Mulvale
Operations Specialist

Ginger oversees Winslow's trading operations. Ginger has over 10 years of trading and investment accounting experience. Prior to joining Winslow, Ginger was overseeing trading and investment accounting for Fifth Third Asset Management in Cincinnati, Ohio. Ginger has also worked in trading operations at AmSouth Bank and Trusco Capital Management.

Kelly Celebucki
Administrative Assistant

Kelly supports all of Winslow's administrative and office management needs. She brings extensive administrative experience to Winslow from her previous positions at Putnam Investments and Gordon Brothers Group. Earlier in her career she worked at the New Orleans Citizens Diplomacy Council, a non-profit organization that designs high-impact educational programs on American governmental policy for world leaders and other foreign dignitaries. Kelly received her M.S. in international development from Tulane University and her B.A. in Anthropology from the University of New Hampshire.