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Alternative Market Briefing

People: 3 Degrees hires Jeffrey Tolk as principal, Halbis appoints Shameema Yousuf as manager on Halbis Commodities Alpha Fund, WR Capital hires former Merrill executives, JPMorgan names Bear`s Booth vice chair of research, Dubai Financial Services Authority CEO to retire end of 2008

Monday, April 21, 2008

Opalesque Exclusive: 3 Degrees hires Jeffrey Tolk as principal 3 Degrees Asset Management, a private investment firm, announced today that Jeffrey Tolk has joined the firm as a Principal. Mr. Tolk will focus on distressed debt and special situations. Mr. Tolk brings to 3 Degrees over 18 years of structured credit and legal experience. He most recently served as the Asian Head of Structured Credit at HSBC, where he established the business and was widely recognized as one of Asia’s top structured credit bankers.

Moe Ibrahim, Managing Principal and Founder of 3 Degrees, said, “We are excited to welcome Jeff to our team. He has unparalleled expertise structuring and analysing complex credit transactions. Coupled with his legal background, Jeff is ideally suited to lead our distressed debt research team. We are confident that Jeff will be instrumental in identifying compelling investment ideas that will generate attractive returns for our investors.” … Contact: 3 Degrees Asset Management Pte Ltd, Investor Relations Department, ir@3degrees.com.sg

Halbis appoints Shameema Yousuf as manager on Halbis Commodities Alpha Fund From HedgeWeek.com: Halbis, the active management specialist of the HSBC Group, has appointed Shameema Yousuf as a fund manager on the Halbis Commodities Alpha fund, working alongside lead manager Per Tingberg in managing the discretionary futures fund… Full article: ......................

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