Mesirow Financial To Open London Office

CHICAGO, June 4, 2007 — Mesirow Financial has announced that it will open a London office to expand the firm's international research capabilities. The office will be a UK subsidiary of Mesirow Financial Holdings, Inc. and will be initially staffed with senior research professionals of the fund of hedge funds group, Mesirow Advanced Strategies, Inc. (MAS), which is a subsidiary of Mesirow Financial Holdings, Inc. (Mesirow Financial).

The decision to open a London office was strategically driven by the increasingly global nature of our clients, the hedge fund industry and the continued expansion of MAS' business internationally. "The hedge fund industry outside of the United States has grown exponentially over the years. This is evident in the fact that European and Asian hedge fund managers make up a significant percentage of our investment portfolios," said Marty B. Kaplan, chief executive officer of MAS. "While we have been able to successfully develop significant client and investment opportunities from our home offices in Chicago, we believe that the London office is the next logical step in the expansion of our global presence."

James C. Tyree, chairman and chief executive officer of Mesirow Financial, adds, "Advanced Strategies is our largest and fastest growing business. It brings me great pleasure to see them expand overseas. They are laying the groundwork for our other investment management businesses, such as Private Equity and Currency Management, to follow suit. As a business that has flourished on the practice of building close, personal relationships with our clients, we understand the importance of face-to-face contact and how that helps foster even stronger bonds. Having a physical presence in London will allow us to better serve our international clients in the personal manner for which Mesirow Financial is known."

Mesirow Advanced Strategies, Inc. is one of the largest fund of hedge funds managers in the world with more than $13.5 billion in assets under management. Its parent company, Mesirow Financial, is a major independent financial services firm offering Investment Management, Investment Services, Insurance Services, Investment Banking, Consulting and Real Estate. The firm is headquartered in Chicago and has 1,200 employees in offices across the country. This year marks Mesirow Financial's 70th anniversary. For more information about Mesirow Financial, visit its Web site at www.mesirowfinancial.com.

For more information, contact: Katie Schimmel, Mesirow Financial, 312.595.6684.

 

The Mesirow Financial name and logo are registered service marks of Mesirow Financial Holdings, Inc., © 2007, Mesirow Financial Holdings, Inc. All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions expressed are subject to change without notice. It should not be assumed that any recommendations incorporated herein will be profitable or will equal past performance. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow Financial investment vehicle(s).

Securities offered through Mesirow Financial, Inc. member NYSE, SIPC. Insurance services provided through Mesirow Insurance Services, Inc.