Pierre-Edouard Coiffard was previously Senior Portfolio Manager at Altigefi, a subsidiary of Sal. Oppenheim and Deutsche Bank, where he created and managed the Altipro range of funds since 1998. He previously founded LC & Co, which in turn created Altigefi, in which he was a major shareholder until its sale in late 2007.

Guido Bolliger, CIO, said, "I am pleased to welcome Pierre-Edouard to the investment team. His 17 years of experience in multi-manager funds and extensive expertise in alternative management strategies will contribute to Olympia's future development and success".

(press release)

Olympia Capital Management
Founded in 1989, Olympia Capital Management is an independent asset manager with $2.2 billion under management as of June 30, 2010. Olympia Capital Management has an international presence, with 60 people in Paris, New York, London and Zurich including an investment team composed of 15 professionals with more than 8 years of experience on average. Olympia offers investors a large range of absolute return multi manager funds: both multi-strategy and thematic, as well as customized and sub-advisory portfolios. Corporate website: www.olympiagroup.com

- FG