Christopher C. Davis joined Davis Advisors in 1989. He has over 21 years experience in investment management and securities research. He is a Portfolio Manager of the Davis Large Cap Value Portfolios and a member of the research team of other portfolios. Mr. Davis received his M.A. from the University of St. Andrews in Scotland.

Andrew A. Davis joined Davis Advisors in 1993. He has over 21 years of investment management experience. He is a Portfolio Manager of the Davis Appreciation and Income Fund, as well as the Davis Real Estate Fund. Previously, he was employed at PaineWebber, Inc. managing its Convertible Security Research and Closed-End Bond Fund Research departments. Mr. Davis received his B.A. from Colby College.

Kenneth C. Feinberg joined Davis Advisors in 1994. He is a Portfolio Manager of the Davis Large Cap Value Portfolios and a member of the research team of other portfolios. Mr. Feinberg received his M.B.A. from Columbia University and his B.A. from Johns Hopkins University.

Dwight C. Blazin joined Davis Advisors in 1997. Previously, he was a Consultant for IT Consulting and Systems Design. His research analysis has been shaped by working with Shelby M.C. Davis for over five years. Mr. Blazin received his Ph.D. and M.A. from New York University and his B.A. from Brigham Young University.

Danton G. Goei joined Davis Advisors in 1998. Previously, he was employed at Bain & Company, Morgan Stanley Asia Ltd. and Citicorp. Mr. Goei received his B.A.from Georgetown University and an M.B.A. from The Wharton School.

Creston A. King III, CFA joined Davis Advisors in 1999. He is the Portfolio Manager of Davis Government Bond Fund and Davis Government Money Market Fund. He also manages other government bond and money market funds advised by Davis Advisors. Previously, he was a Trader, Analyst and Portfolio Manager for U.S. Global Investors, Inc., where he managed various money market funds and bond funds. Mr. King received his B.A. from Duke University.

Chandler Spears joined Davis Advisors in 2000. He is a Portfolio Manager of the Davis Real Estate Fund. He brings to the Fund the perspective and experience of working previously in the real estate industry. Mr. Spears received his B.B.A. from James Madison University and his M.S. from the University of Virginia.

Charles A. Cavanaugh joined Davis Advisors in 2001. He is Co-Portfolio Manager of Davis Financial Fund since May 2007 and conducts research for other equity funds managed by Davis Advisors. Previously, he worked at ING Pilgrim as an Institutional Trader trading Domestic Equity Mutual Funds. Mr. Cavanaugh received his B.A. from the University of Notre Dame.

Stephen A.Y. Chen joined Davis Advisors in 2002. Previously, he was a Research Analyst at Ulysses Partners. Prior to that, his experience includes equity derivatives at JPMorgan and business assurance at PriceWaterhouseCoopers. Mr. Chen received his B.A. from Indiana University School of Business in 1995 and is a Certified Public Accountant.

Todd M. Heysse joined Davis Advisors in 2002. Previously, he was employed by US WEST Communications as a network planning engineer. Mr. Heysse received his B.S. in Electrical Engineering from Stanford University and his M.B.A. from Columbia Business School.

Tania B. Pouschine joined Davis Advisors in 2003. Previously, she worked for 10 years as a Research Analyst at Ruane, Cunniff (Sequoia Fund). Prior to that, she worked at Forbes magazine as an Associate Editor and at Bankers Trust as a Lending Officer. Ms. Pouschine received her B.A. from Middlebury College.

Darin Prozes joined Davis Advisors in 2004. Previously, he worked for the Parthenon Group, a strategy consulting firm. Mr. Prozes received his B.A. from Princeton University and his M.B.A. from Stanford University.

Keith J. Sabol, CFA joined Davis Advisors in 2006. He is a Portfolio Manager of the Davis Appreciation and Income Fund. Previously, he was a Principal at Quantanium LLC and a Portfolio Manager for Federated Investors. He is a graduate of The United States Military Academy at West Point and served as Captain for the U.S. Army during Operation Desert Storm. Mr. Sabol received his M.S. from Carnegie Mellon University.

Dreyfus Neenan joined Davis Advisors in 2006. Previously, he led an Insurance Equity Research Team and served as a Management Consultant with Accenture. Mr. Neenan received his Bachelor of Economics from Monash University and his M.B.A. from The University of Chicago.

Michael White joined Davis Advisors in 2007. Previously, he worked in asset backed securitization at several financial institutions. Mr. White received his B.A. from Tulane University and his J.D. from The George Washington University Law School.

John Chen joined Davis Advisors in 2007. Previously, he was employed at Milbank, Tweed, Hadley & McCloy LLP. Mr. Chen received his B.A. from the University of Chicago and his J.D. from Georgetown University.