Senior Management Team

PAUL G. DIETRICH
CHAIRMAN, CEO & CO-CHIEF INVESTMENT OFFICER
Paul Dietrich is the Chairman of FOXHALL CAPITAL MANAGEMENT, Inc. He is also the principal mutual fund manager of the Shepherd Large Cap Growth Fund (formerly the Dominion Insight Growth Fund) (NASDAQ: DOIGX). Previously, he was the Founder of Meridian Emerging Markets, Ltd., a leading provider of global emerging markets company financial information. With offices in New York, Boston, London and Princeton, Meridian collected, compiled, and distributed fundamental financial data on all of the largest publicly traded companies in over 56 emerging markets. Mr. Dietrich has also been an investment adviser to a Bermuda-based,offshore investment fund. He is an international corporate attorney and was formerly associated with two Washington, DC law firms, Squire, Sanders & Dempsey, and Jones, Day, Reavis & Pogue.

Before entering the practice of law, he served as Publisher and Editor in Chief of SATURDAY REVIEW, one of the United States' oldest cultural magazines. As an attorney, he has been an advisor on privatization and economic development issues to the Czech government, as well as several governments in Asia and the former Soviet Union. Mr. Dietrich has been a frequent contributor to the editorial pages of the WALL STREET JOURNAL, the LONDON TIMES and the INTERNATIONAL HERALD TRIBUNE. From 1994 to 1997, he was editor of both the REUTERS EMERGING MARKETS GUIDE and the REUTERS ASIAN STOCK SOURCEBOOK. He is also President of the Institute for International Health and Development (founded in 1982 by Nobel Peace Prize Laureate, David Morse). He has served as a member of the Board of Trustees of the Catholic University of America in Washington, DC, was a member of the National Advisory Board of Harvard University’s School of Public Health’s AIDS Institute, a member of the Advisory Group on International Health Systems Assessment of the New York Academy of Sciences, and is currently a member of the Advisory Board to the John Templeton Foundation. He has also served as a member of the Development Committee of the Pan American Health Organization (PAHO), and as a member of the Board of Directors of the U.S. Congressional Human Rights Foundation and the American-European Community Association.
Mr. Dietrich is the editor of the award-winning book, A GUIDE TO AMERICAN FOREIGN POLICY.

DAVID H. MORTON
President and Co-Chief Investment Officer
David Morton is the President of FOXHALL CAPITAL MANAGEMENT, INC., as well as a portfolio manager for the firm. He is also Editor and Publisher of ADVISORGUIDE, a specialized research service for financial advisors, which he founded in 1999. After entering the financial services industry in 1982, he founded and was President of David H. Morton, Ltd., a money management firm from 1984-2005. He was also a registered representative and registered principal in the Chicago area for several national securities firms, including FSC Securities, Integrated Resources, and AIG Royal Alliance Associates from 1983-2004. Raised in Ann Arbor, Michigan, David graduated with a Bachelor of Arts in History from the University of Florida in 1977, where he competed on the track and cross country teams. He did graduate study in Systematic Theology at Trinity Divinity School in Bannockburn, Illinois. He is a member of NAAIM—The National Association of Active Investment Managers, and currently serves on the Advisory Board of FISERV Investment Support Services. Mr. Morton joined FOXHALL CAPITAL MANAGEMENT in 2005.

HEATHER LEONARD
CHIEF FINANCIAL OFFICER and CHIEF COMPLIANCE OFFICER
Heather Leonard is Chief Financial Officer and Chief Compliance Officer of Foxhall Capital.  She leads Foxhall’s accounting and compliance departments.  Prior to joining Foxhall, Heather had several years of experience in the financial services industry most recently with Allianz. Her industry experience ranges from Operations to Marketing and Sales to Project Management. Heather grew up in Wisconsin and graduated from Carthage College with a Bachelor of Arts in Accounting and International Business. She joined Foxhall Capital in March 2007.