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Alternative Market Briefing

Eldon Mayer named Chief Investment Officer of MayerCap, former partner Matt Hoffman moves on

Monday, October 16, 2006

MayerCap, LLC, the New York based Fund of Funds Management Company, has named Eldon Mayer, the firm’s co-founder, as Chief Investment Officer. Alex Boguslavsky, Portfolio Manager of the firm’s Corporate Financing Fund, has joined the Investment Committee along with Mayer and Ron Panzier, a co-founder and Chief Risk Officer.

Panzier commented that “Eldon is our most experienced hedge fund investor and macro thinker. He was CIO for many years at his former firm, Lynch & Mayer, Inc., where he managed and oversaw a number of hedge funds as well as over $6 billion of mid and large cap growth equities for institutional clients.” Panzier served at Lynch & Mayer as CFO and COO of the firm’s hedge fund group.

MayerCap, LLC (formerly known as Mayer & Hoffman) manages The High Alpha Fund, The Corporate Financing Fund, and sub-advises a separately managed account on behalf of Comerica Bank, NA and Munder Capital Management. The firm focuses on newer and specialized hedge funds.

Opalesque Note: Previous CIO was Matt Hoffman, who also was a founding partner of the firm. A spokesman for MayerCap confirmed to Opalesque that Matt Hoffman `moved on`. No further details were disclosed. Previously, Mr. Hoffman was responsible for manager selection and portfolio creation within the Hedge Fund Investments Group at Credit Suisse First Boston. MayerCap was set up as Mayer & Hoffman LLC in 2003.......................

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