| 12.10.2011 Swiss Investment Managers appoints directors, names COO following launch of Directors Dealings Fund |
| Opalesque Industry Update � Swiss Investment Managers has appointed Kevin Ryan, Andrew Garai as Non-Executive Directors of the firm. At the same time it has named Melina Panagos as COO and Head of Compliance. The appointments follow the successful launch of the Directors Dealings Fund, the first and what is believed to be the only hedge fund dedicated to investing based on directors� and senior executives� own dealings in their firms� shares. Newly-appointed Non-Exec Kevin Ryan is the founder of HedgeDirector Ltd, a provider of expert, independent directors to the hedge fund industry. He was also a founding employee at Financial Risk Management and has more than 18 years of experience in researching and investing in hedge funds. Joining him on the board is Andrew Garai, who co-founded and acted as Managing Director of Trafalgar Capital Advisors and who brings with him almost three decades of experience with Dresdner Bank, Bear Stearns, LCF Edmond de Rothschild Securities and Fidelity Brokerage. Melina Panagos joins SIM bringing with her two decades of both operational and investment banking experience having previously held senior positions at ANZ Investment Bank, ABN Amro Bank and Greek-listed OTE SA, and Petzetakis SA. She will be responsible for operational and compliance control and risk management at the firm. �Having independent non-executive directors and skilled operational staff is fundamental to both meeting investor comfort level as well as ensuring transparency of investment processes across the firm. So we are pleased to have these highly capable and experienced professionals on board.� said Athanasios Ladopoulos, Partner at SIM and Senior Fund Manager of the Directors Dealings fund. (press release)
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