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Alternative Market Briefing

People: Former JP Morgan exec Peres joins EIM`s US team as Director of Risk Management, Mehmet Dalman takes lieutenants to Toscafund, Covepoint hedge fund hires senior BlackRock executive David Pilson and Morgan Stanley`s Mark Strachan, Goldman`s Ken Wilson to advise Hank Paulson on banking

Monday, July 21, 2008

Opalesque Exclusive: Former JP Morgan exec Peres joins EIM`s US team as Director of Risk Management EIM USA, the US affiliate of the EIM fund of hedge funds group, today named Paulo Peres Director of Risk Management. In the new position at EIM USA, Mr. Peres will be responsible for all manager and portfolio risk management functions. He will report to the Board of Directors of EIM USA.

Mr. Peres has over 15 years of experience in market and credit risk management. He joins from JP Morgan Chase where he most recently served as Executive Director in the Hedge Funds and Financial Institutions Credit Groups from July 2005. Prior to this, he was a Vice President reporting jointly to Global Credit Risk Management and to the Quantitative Research & Development. In this position, he was responsible for margining rules and methodologies as well as stress testing development for all hedge funds and financial institutions…Corporate website: www.eimgroup.com

Mehmet Dalman takes lieutenants to Toscafund From efinancialnews.com: Former Commerzbank director Mehmet Dalman is taking some of his most senior staff from WMG, the UK wealth management group he founded, to Toscafund, the UK hedge fund manager where he became vice-chairman last month.

Chris Jones will join Toscafund to take charge of risk management while Richard Greer will handle investor relations. Dalman said they ......................

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