Sales Expansion

June 16, 2008

IPM makes senior recruitments, and opens a Geneva office signifying strong sales drive expansion

IPM Informed Portfolio Management continues to enjoy strong growth and is pleased to announce some new senior recruitments. IPM is also opening an ofice in Geneva to serve clients in the region.
-We have enjoyed very good growth in the past year, boosted by the strong performance we have been able to deliver. New clients and strong interest from existing ones create a need for us to expand and strengthen our organization. I am very excited that we have managed to attract this kind of expertise and competence, says Jonas Rinné, CEO and founder of IPM.
IPM has made three senior appointments:

Björn Österberg, Portfolio Manager
Björn Österberg will, as part of the Portfolio Management & Product Strategy team, head IPM's equity quant team focusing on market neutral strategies. Mr. Österberg joins IPM from a position as senior portfolio manager at The Fourth Swedish National Pension Fund (AP4). Prior to that he held the position as Head of Quantitative Analysis at Unibank and Nordea between 1998 and 2001 and at JP Bank between 1993 and 1998.

Magnus Hagerborn, Chief Financial Officer
Mr. Hagerborn comes from hedge fund manager Holtback Partners where he has been CFO since 2006. Previously he was CFO at the Swedish division of investment bank ABG Sundahl Collier 2003-2006 and controller at Julius Baer Nordic 2001-2003. CFO is a new position at IPM, consolidating various functions and responsibilities. Mr. Hagerborn will be part of the IPM management team.

Jamil Ismail, Director Marketing & Sales
Mr. Ismail will strengthen IPM's European sales team with a focus on Continental European institutions as well as Global banks, private banks, family offices, and funds of funds. He will be based in Geneva. Mr Ismail comes from Aspect Capital, a London-based systematic manager, where he built a European institutional and pension fund client base in Europe. Prior to that, he was at Deutsche Bank Asset Management, heading marketing in France.

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