Todd S. Lowenstein

TODD S. LOWENSTEIN is a Vice President and Funds Manager of HighMark
Capital Management, co-managing the highly successful Value Momentum
strategy since 2001. He has gained more than 13 years of investment
management, investment banking and accounting experience with companies
that include JP Morgan, in mergers and acquisitions and KPMG Peat
Marwick, as a senior manager in the information, communications and
entertainment group. He earned an MBA in Finance from The Anderson
School at UCLA and earned a BA in Economics from the University of
California at Santa Barbara. Mr. Lowenstein is a Certified Public
Accountant and an NASD Series 7 Registered Representative. Mr.
Lowenstein is also a member of the Los Angeles Society of Financial
Analysts and the Association for Investment Management and Research.