EMAIL DETAILS

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<p style="text-align: center;"><span style="font-family: arial,helvetica,sans-serif; font-size: 12px;" data-mce-mark="1"><strong><strong>Senior Hedge Fund Executive Paul Harris joins Carne Channel Islands</strong></strong></span></p>
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<td style="border: 0px;" bgcolor="#ffffff"> <br /><img src="http://newsletter.ie/E/organization/CARNE/Images/carneGlobalLogo.jpg" style="display: block;" alt="Carne" title="Carne" width="622" height="102" border="0" /></td>
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<h2 style="padding-top: 4pt; line-height: 1.15; text-align: left; color: #000000; font-size: 12pt; font-family: 'Cambria'; font-weight: bold;"><span>PRESS RELEASE</span></h2>
<h1 style="line-height: 1.15; text-align: left; color: #365f91; font-size: 14pt; font-family: 'Cambria'; font-weight: bold;"><span>Senior Hedge Fund Executive Paul Harris joins Carne Channel Islands </span></h1>
<h2 style="line-height: 1.15; text-align: left; color: #365f91; font-size: 12pt; font-family: 'Cambria'; font-weight: bold;"><span>Paul Harris joins Carne’s team of independent fund directors to provide governance support for alternative managers using Jersey, Guernsey and Cayman Islands.</span></h2>
<p><strong>JERSEY, February 2015:</strong> Carne Group, the leading global provider of independent governance and oversight services for asset managers, has recruited Paul Harris, formerly a Director with Brevan Howard, to join Carne’s Channel Islands office. Paul will be available to serve as an independent fund director across various domiciles as well as providing valuable risk management and oversight support to Carne’s AIFMD-compliant management company or third party self-managed AIFs. Paul’s appointment complements Carne’s existing governance capabilities in the Channel Islands, covering private equity, real estate, infrastructure and hedge funds.</p>
<p>Paul was previously Head of Administration at Brevan Howard in Jersey, a varied role which included sitting on and chairing the boards of companies within the Brevan Howard group. Paul is a highly experienced fund director, having held senior operational and administrative roles, providing governance and oversight for leading brands in the European alternative investment arena. He is very familiar with the governance and reporting requirements for funds in the Channel Islands and further afield, and with the operational demands faced by larger alternative fund groups.</p>
<p>Mark Hodgson, Managing Director of Carne in the Channel Islands, commented: “As demand for our governance and AIFM solutions in the Channel Islands grows, we are very excited to be able to welcome a director of Paul’s calibre to Carne. Paul brings with him in-depth experience of managing administration and oversight for some of the most respected names in alternative investment. His experience within one of the world’s largest alternative managers will be of immense value to our clients as we continue to provide Carne’s recognised brand of first class governance services.”</p>
<p>Carne opened an office in the Channel Islands in 2014 to provide governance and distribution support for alternative fund managers wishing to make use of the domiciles of Jersey and Guernsey. This has included the launch of an AIFMD-compliant management company, authorised by the Jersey Financial Services Commission (JFSC) in October 2014, which is already being used to support fund distribution into the UK.</p>
<p>ENDS</p>
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<div style="border: 1px solid #353535; padding: 2px;">For further information, please contact:
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px; font-weight: bold;">Channel Islands</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px; font-weight: bold;">London</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">Mark Hodgson</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">Aymeric Lechartier</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">T: +44 1534 511786</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">T: +44 207 936 9139</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">e: <a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="mailto:mark.hodgson@carnegroup.com">mark.hodgson@carnegroup.com</a></td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;"><a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="mailto:aymeric.lechartier@carnegroup.com">aymeric.lechartier@carnegroup.com</a></td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px; font-weight: bold;">Ireland</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px; font-weight: bold;">Luxembourg</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">John Skelly</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">Thomas Nummer</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">T: +353 489 6806</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">T: +352 2673 231</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">e: <a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="mailto:john.skelly@carnegroup.com">john.skelly@carnegroup.com</a></td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;"><a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="mailto:thomas.nummer@carnegroup.com">thomas.nummer@carnegroup.com</a></td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px; font-weight: bold;">Chicago</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px; font-weight: bold;">New York</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">Scott Craven Jones</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">Joe Hardiman</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">T: +1 312 804 1823</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">T: +1 732 642 5808</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">e: <a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="mailto:scott.cravenjones@carnegroup.com">scott.cravenjones@carnegroup.com</a></td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;"><a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="mailto:joe.hardiman@carnegroup.com">joe.hardiman@carnegroup.com</a></td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px; font-weight: bold;">Asia Pacific</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px; font-weight: bold;">Cayman Islands</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">Chris Day</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">John Ackerley</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">T: +44 207 936 9692</td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">T: +1 345 769 9902</td>
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<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;">e: <a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="mailto:chris.day@carnegroup.com">chris.day@carnegroup.com</a></td>
<td style="width: 50%; text-align: left; color: #353535; font-size: 11pt; font-family: 'Cambria'; padding: 2px;"><a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="mailto:john.ackerley@carnegroup.com">john.ackerley@carnegroup.com</a></td>
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<p><span style="font-weight: bold; text-decoration: underline;">About Carne</span></p>
<p>Carne is a leading international specialist in the provision of independent governance services and European management company solutions to the global asset management industry. We advise both hedge fund and traditional fund managers on their governance, oversight and management needs, as well as providing independent Directors to the boards of some of the most respected investment funds globally. Carne has fund directors resident in the key fund jurisdictions, including the Cayman Islands, Channel Islands, Ireland, Luxembourg, Switzerland, the UK and USA.</p>
<p><strong><a style="text-decoration: none; color: #365f91; border-bottom: 1px dotted #365f91;" href="http://www.carnegroup.com">www.carnegroup.com</a></strong></p>
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<p style="text-align: center;"><span style="font-family: arial,helvetica,sans-serif; font-size: 12px;"><strong><br /> <br />This email was sent to HBiden@rosemontseneca.com.<br /><a href="http://newsletter.ie/run/OO.aspx?m=8NY%2BwjhBOcy8838DXVSngJt7gre7zsA4hG0URW41IYzU0VK9fyk8cwGeeQV2r%2FO4hfWN5TOqQLc%3D_zek_d7ddk">Unsubscribe </a>| <a href="http://newsletter.ie/run/mcp.aspx?m=8NY%2BwjhBOcy8838DXVSngJt7gre7zsA4hG0URW41IYzU0VK9fyk8cwGeeQV2r%2FO4hfWN5TOqQLc%3D_zek_d7ddk" >Update Details</a> | <a href="http://newsletter.ie/run/tafn.aspx?m=8NY%2BwjhBOcy8838DXVSngJt7gre7zsA4hG0URW41IYzU0VK9fyk8cwGeeQV2r%2FO4hfWN5TOqQLc%3D_zek_d7ddk" >Tell a Friend</a><br /></strong></span></p>
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<p><br /><span style="font-size: 10px; font-family: arial,helvetica,sans-serif;"><span style="color: #ffffff;">Carne Global Financial Services Limited</span></span></p>
<p><span style="font-family: arial,helvetica,sans-serif; font-size: 10px;"><a style="text-decoration: none;" href="http://www.carnegroup.com/"><span style="color: #ffffff;">http://www.carnegroup.com/</span></a></span></p>
<p><span style="font-size: 10px; font-family: arial,helvetica,sans-serif;"><span style="color: #ffffff;">Dublin - Cayman Islands - Channel Islands - Chicago - London - Luxembourg - New York - Switzerland </span></span></p>
<p style="text-align: justify; padding: 2px;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10px;"><span style="color: #ffffff;">The information in this e-mail and any attachments is confidential and may be legally privileged. It is intended solely for the addressee or addressees. If you are not an intended recipient, please delete the message and any attachments and notify the sender of misdelivery: any use or disclosure of contents of either is unauthorised and may be unlawful. All liability for viruses is excluded to the fullest extent permitted by law. Any views expressed in this message are those of the individual sender, except where the sender states them, with requisite authority, to be those of Carne Global Financial Services Limited. If the e-mail is addressed to a client, any opinion or advice contained in this e-mail is subject to the terms and conditions expressed in the governing client agreement. </span></span><span style="font-family: arial,helvetica,sans-serif; font-size: 10px;"><span style="color: #ffffff;">Carne Global Financial Services Limited; Registered Office: 2<sup>nd</sup> Floor, Block E, Iveagh Court, Harcourt Road, Dublin 2, Ireland; Registered in Ireland: Registration No. 380564.</span> </span> </p>
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