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Frank K. Lee, CFA (1960 - 2010)

Senior Analyst – Technology & Housing

April 27, 2010. It is with great sorrow that we announce the death of Frank Lee, beloved husband of Onna Lee and loving father of Cody, Frank's two year old son. Frank was very much loved by his family and friends and leaves many great memories for those of us who knew him personally and professionally. Family and friends gathered to remember and celebrate Frank's life on May 1 in Chinatown in the neighborhood where Frank grew up. The ceremony was across the street from where Frank played as a child in an area that earlier generations would know as Five Points. The setting spoke to Frank's working class roots and the impressive work ethic that Frank brought to his job every day and which inspired so many of his peers and the young analysts who had the opportunity to work with him. Frank's sense of tradition and community also were a core part of who he was as a person and a colleague, and we will miss that very much.

Frank was always quick to help young analysts in their career path, provide lessons in skill development, and most importantly reassure them when the journey was a challenge. In honor of Frank's demonstrated commitment to the development of young people, a scholarship fund has been established in his honor to support deserving high school graduates in their future educational pursuits. In memory of Frank, his values, and the life that he lived, scholarship funds will be directed towards the educational needs of young students as they pursue their dreams. Frank was always very supportive of hard-working young people, and the scholarship fund will allow that support to continue. Contributions can be made to the Frank Lee Memorial Scholarship Fund (c/o David Good, Chief Counsel of CreditSights, at 470 Park Avenue South, 12th Floor, NY, NY, 10016. dgood@creditsights.com ).

Frank's 25-year career spanned a number of disciplines including international securities research, high yield research, and emerging market research at both buy-side and sell-side institutions. This diversity was reflected in his role at CreditSights where Frank was the Senior Analyst responsible for analyzing the homebuilding sector and the technology industry. Prior to joining CreditSights in 2001, Frank enjoyed a career as an analyst at a number of major institutions including Salomon Brothers Asset Management, Prudential Investments, Lehman Brothers, and Merrill Lynch. Frank's experience at these institutions provided the foundation for his broad market knowledge and leveraged the thorough understanding of financial research he gained as a bank examiner for the Federal Reserve Bank of New York earlier in his career. Frank received a Masters in Business Administration majoring in Finance from Pace University in 1991 and a Bachelor of Science with a dual major in Accounting and Economics from New York University in 1982. He became a CFA in 1990.

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