SOURCE: Infonic

Infonic

Infonic

December 07, 2009 08:11 ET

Infonic AG Names Ian Morley to Board of Directors; Virginia Gambale as New Chair

ZURICH, SWITZERLAND and NEW YORK, NY and LONDON--(Marketwire - December 7, 2009) - Infonic AG, the leading provider of front-, middle- and back-office software solutions to the funds of hedge fund (FoHF) industry, today announced that the company has added Mr. Ian Morley to its Board of Directors. Mr. Morley, a UK-based alternative investment management industry veteran joins new Chair of the Board and US-based Managing Partner of Azimuth Partners LLC, Virginia Gambale; and non-company executive Director, Alexander Aebi, the Swiss-based CEO of Abiba Consulting AG. The board is completed by Infonic company executive Directors Tom Furrer, CEO, and Roman Bargezi, Head of Engineering.

"I'm delighted to welcome Ian Morley to our Board and to have Virginia Gambale take its Chair. Virginia is an exceptionally well experienced Director of fast growing companies and I look forward to making great strides under her leadership. Ian Morley brings a wealth of experience across the global asset management industry, and Infonic is privileged to be benefiting from his insight and expertise," said Tom Furrer, CEO of Infonic AG. "As founding Chairman of the Alternative Investment Management Association (AIMA) and advisor to central banks and regulatory authorities, Ian is a true industry leader who understands the business, regulatory, and operational issues that the hedge fund industry faces. We look forward to leveraging the combined talents of this amazing team to become the global operational backbone of the hedge fund industry."

Mr. Morley has had an extensive career in financial services, and the alternative asset management industry in particular. He holds chairmanships and directorships at several firms, including Corazon Capital, Allenbridge Hedge, and Wentworth Hall, a consulting and private equity company. During his career, Mr. Morley served as CEO of DDO, a fund of hedge fund, and as Head of Derivatives and Quantitative Fund Management at AIB Govett. Earlier, he was Managing Director of Rudolf Wolff Fund Management and European Director of Managed Futures at Lehman Brothers.

Ms. Gambale is Managing Partner of Azimuth Partners LLC, an investment and advisory firm she founded in 2003. She has served on over 20 public and private boards as well as several Advisory Boards in the finance and technology industry. Today, she holds public company board seats on Jet Blue and Piper Jaffray. Prior to 2003, she held senior management positions, including CIO, at global corporations including: Merrill Lynch, Marsh & McLennan, Bankers Trust Alex Brown and Deutsche Bank. Additionally, she headed DB Strategic Ventures, was General Partner in ABS Ventures, and was subsequently a partner at DB Capital Partners.

About Infonic AG

Headquartered in Switzerland, and with offices in Zug, Zurich and New York, Infonic AG is the leading provider of front, middle and back software solutions to the global fund of hedge fund industry. Its HedgeSphere product range debuted in 1999 and has been adopted by the largest and most innovative players in the industry. For more information about Infonic AG, please visit www.infonic.net or www.HedgeSphere.net.

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