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Geoffrey Grant was appointed a director of Cadiz in January 2007. Mr. Grant is presently a Managing Partner and the Chief Investment Officer of Peloton Partners LLP (Peloton), a global asset management firm launched in 2005. Since Mr. Grant co-founded Peloton, the firm has grown to manage a $2 billion macro-oriented hedge fund. Prior to founding Peloton, Mr. Grant was with Goldman Sachs for 15 years, from 1989 to 2004. Mr. Grant’s last responsibility at Goldman Sachs was as Head of Global Foreign Exchange and Co-head of the Proprietary Trading Group in London. Mr. Grant began his career at Morgan Stanley, working in New York and Tokyo from 1981 to 1989. | 