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Pioneer Investments Headlines

Pioneer Alternative Investments Appoints Manager for U.S. Long/Short Equity Strategies


June 11, 2008

Dublin/ London, 11 June 2008: Pioneer Alternative Investments (PAI) today announced the appointment of Simon Gordon as Manager of US Long/Short Equity Strategies. In this role, he will be responsible for managing US Long/Short Equity Strategies. He reports to Luca Mengoni, Chief Investment Officer, Single Manager Division.

Simon has a great deal of experience in institutional investment management having joined PAI from BAE Systems Pension Fund Investment Management. Most recently, there he was US Equity Fund Manager and previous to this, he held the position of Assistant UK Fund Manager working for the company of a total of 11 years. Before that, he spent two years with HSBC Asset Management (formerly James Capel Investment Management)

Commenting on this appointment, Luca Mengoni, Chief Investment Officer, Single Manager Division said: “We are delighted to have Simon join our team; his extensive experience in the investment industry and particularly in the U.S. Equity space makes him an ideal choice for this role. Simon will take responsibility for the U.S. component of our existing product range and will work closely with existing European and Asian managers in the team to promote cross-fertilization of ideas among all equity areas, enhancing existing processes and leveraging the most promising investment cases.



About Pioneer Alternative Investments

Pioneer Alternative Investments is the alternative investment management arm of Pioneer Investments, a global investment management group with €210.46 billion of assets under management at the end of April 2008. The group provides a wide range of investment solutions including mutual funds, alternative investments and structured products to clients that include institutions, corporations, intermediaries and private investors around the world. Institutional clients account for €53 billion as at the end of April 2008.

The range of single, multi strategy and multi manager hedge funds are provided by Pioneer Alternative Investments, which has its main operations in Dublin, London and Milan, Dublin being the investment centre. Pioneer Alternative Investments was formed in 1999 as part of Pioneer Investments’ aggressive growth strategy, recognising the increasing importance of the alternative investments industry. Since then Pioneer Alternative Investments has built up a comprehensive range of alternative investment products which include single strategy, multi-strategy and funds of hedge funds. Pioneer Alternative Investments fund of hedge funds range was enhanced following the acquisition of the Momentum Group in 2002. It has one of the longest established low volatility multi manager funds of hedge funds, Momentum AllWeather Fund which has provided consistent returns in all market environments. Pioneer Alternative Investments had total assets under management in excess of €6.34 billion as at end of April 2008.

With offices in 25 countries around the world, the Group employs more than 2,300 staff.

Pioneer Alternative Investments is a trading name of the Pioneer Global Asset Management S.p.A. group of companies (PGAM). PGAM is a wholly owned subsidiary of UniCredito S.p.A.

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