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Alternative Market Briefing

Octane Holding Ltd. shuffles management positions, expands teams for further growth

Monday, November 19, 2007

The Swiss-based independent fund of hedge funds solution provider Octane Holding Ltd. strengthens its management structure and further expands its investment and risk management team.

Octane Holding Ltd., the fund of hedge funds solution provider further strengthens its management structure. Robbie Alexander, until now CEO of Octane, will become the company's new Executive Vice Chairman. In exchange, Dr. Gerald Gonzenbach who previously held the Executive Vice Chairman position at Octane. has been appointed new CEO. In addition, Duncan Theron, former Managing Director Pan-Africa, will join the Executive team as new Managing Directer. Robbie Alexander and Gerald Gonzenbach will continue to work closely together for the strategy development of Getane Holding.

"Gerald and I are strongly convinced of Octane's superior business strategy", said Robbie Alexander. "In order to further strengthen our group's unique business model, we decided to expand our Executive team. By switching our positions we will achieve an even better integration of our mutual experience - more than 30 years of expertise in investments and alternative asset classes - for the benefit of our company, and ultimately, for the benefit of our clients", he added.

At the same time, James Canales, former Head of Risk will become the new Chief Investment Officer. Mustafa Zaidi. who acted as CIO since Octane started its business, will focus on new strategy projects and remain Chairman of ......................

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