Our Manager

Chimera Investment Corporation. is externally managed by FIDAC, a wholly-owned subsidiary of Annaly Capital Management, Inc. FIDAC is one of the leading fixed income management companies in the world specializing in interest rate and credit sensitive strategies as well as CDO liquidations and other financial services.

The strengths of FIDAC give us a competitive advantage via their multiple relationships with a diverse group of financial intermediaries ranging from primary dealers, major investment banks and brokerage firms to mortgage originators, specialty investment dealers and financial sponsors. We also benefit from Annaly’s in-house, proprietary, .NET portfolio management system, XBasis, which is specifically designed to handle the complexities of agency and non-agency mortgage backed securities, in terms of their pricings, cash flows, and financings.

We have no employees other than our officers: Matthew Lambiase, President and Chief Executive Officer; Christian J. Woschenko , Head of Investments; William B. Dyer, Head of Underwriting and A. Alexandra Denahan, Chief Financial Officer. Our officers do not receive cash compensation from us. Each of our officers is also an employee at FIDAC.

The following provides certain information with respect to our officers:

Matthew Lambiase^1,2
President and Chief Executive Officer

Christian J. Woschenko¹
Head of Investments

William B. Dyer¹
Head of Underwriting

A. Alexandra Denahan¹
Chief Financial Officer

¹Chimera officers.

²Chimera directors.