John P. Calamos, Sr., transformed the financial world by building a company focused on convertible securities into an investment powerhouse. He will talk about how growing up in Chicago, attending IIT and serving in the military prepared him for his entrepreneurial career. Learn how Mr. Calamos gained insights and experience in convertible securities. Find out how he parlayed that knowledge and experience into Calamos Investments, which he took public a few years ago. Forbes magazine now lists Mr. Calamos as one of 16 billionaires residing in Illinois. Mr. Calamos ia chairman, chief executive officer and chief investment officer of the firm he founded in 1977, which he took public as Calamos Asset Management in 2004. A pioneer in investment strategies and techniques to help manage risk, Mr. Calamos has created a reputation for using investment techniques to control risk, preserve capital and build wealth for clients over the long term. From its origins as an institutional convertible bond manager, Calamos Investments has grown into a diversified asset management firm with major institutional and individual clients in the U.S. and around the world. Mr. Calamos received his undergraduate degree in Economics and M.B.A. in Finance from the Illinois Institute of Technology. Joining the United States Air Force after graduation, he served as a combat pilot during the Vietnam War and ultimately earned the rank of Major. It was during his time in the Air Force that Mr. Calamos became intrigued by the risk management aspects of convertible bonds. By applying option price theory to the valuation of convertibles he was able to demonstrate the benefit of convertibles as part of an of investment strategy and began to attract institutional investors who remain clients today. Mr. Calamos won the Ernst & Young Entrepreneur Of The Year® award for the financial services sector, Lake Michigan Area program for 2006.