Ho Rejoins Mellon Capital as CIO

Ho succeeds Thomas B. Hazuka, who has been named vice chairman and will focus on client relationships, according to a press release. Hazuka, having served as CIO since 1989, recently was named to the Mellon Capital board of directors and will remain an active participant of the investment committee.

This marks a return to Mellon Capital for Ho, who had previously been at the firm in a variety of roles from 1996 to 2003, including leading the development and management of its hedge fund strategies and leading research on its global tactical asset allocation strategy. Since then he has served as chief investment officer of Marcuard Family Office AG in Zurich – and founded Kevian Capital Management, where he also served as chief investment officer. Earlier in his career, he developed global fixed income, currency and equity strategies at Stanford Management Company.

He obtained his PhD degree in management science and engineering with a focus on finance from Stanford University, according to a press release.

Founded in 1983, Mellon Capital specializes in global and U.S. quantitative investment strategies. As of September 30, 2007, the firm had $193.1 billion in assets under management, including assets managed by dual officers and $31.0 billion in overlay strategies. It is part of BNY Mellon Asset Management, one of the world’s largest global asset managers with more than US$1 trillion in assets under management.

Additional information about Mellon Capital is available atwww.mcm.com.