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Globefin Asset Management Ltd. (GAM), investment manager to the Cannonball Funds, announces the hiring of Mr. Andrew Hoffman to head the newly-formed Globefin US Advisors and opening of offices in New York.

Mr. Hoffman joins the Cannonball Funds from Asset Alliance and has been active in hedge fund manager selection, due diligence, and fund-of-hedge-fund (FOHF) product origination since 2001. He joined Asset Alliance in 2006 where he launched an asset-based FOHF, having previously worked at Stillwater Capital Partners, Inc. (2001-2006) as a Managing Director. Before Stillwater, Mr. Hoffman worked at Bear Stearns in the government operations unit specializing in international debt instruments, and in public accounting as an auditor for KPMG and Schain Leifer Guralnick CPAs. Mr. Hoffman holds a Bachelor of Science degree (Magna Cum Laude) in Accounting from SUNY Albany and a Masters of Business Administration Degree from the Leonard N. Stern School of Business in Finance and Economics.

Mr. Hoffman joins the Cannonball Funds as Managing Director, and will spearhead research on Asset-Backed Strategies from New York. Additional research support will be added to assist Mr. Hoffman in his endeavors.

“Hiring capable professionals of the highest caliber in our chosen field is paramount to our continued success,” commented Federico Moccia, Managing Director of GAM. “We are delighted to welcome Andrew to the team and recognize that seasoned talent capable of gr......................

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