Integrated Asset Management Corp.

Integrated Asset Management Corp.

March 21, 2007 12:52 ET

Integrated Asset Management Corp. and GPM Announce Retirement of Tony Pacaud

TORONTO, ONTARIO--(CCNMatthews - March 21, 2007) - Victor Koloshuk, Chairman and CEO of Integrated Asset Management Corp. (TSX VENTURE:IAM)("IAM"), announced today that G.E.A. ( Tony ) Pacaud will be retiring as Chairman of Greiner-Pacaud Management Associates ("GPM"), and also as Vice-Chairman and Director of IAM, as of March 31st, 2007.

Tony co-founded GPM in 1982. Over the last 25 years, he built one of Canada's most successful real estate investment businesses. Today GPM has approximately $1.3 billion in assets under management and a long history of satisfied clients.

Going forward, GPM will be led by its President, Brent Chapman. Tony said " I brought Brent into GPM 5 years ago to prepare for retirement and I'm pleased to leave the business in his very capable hands as part of an orderly, planned succession."

Victor said " Tony has been a friend and partner for many years. I have great admiration for his success in building GPM, and in particular in creating what I believe is the best long-term real estate performance record in Canada. I wish Tony a happy and productive retirement. "

IAM is Canada's leading alternative asset management company with approximately $3 billion in assets and committed capital under management in private debt, private equity, managed futures, real estate and hedge funds.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Integrated Asset Management Corp.
    Victor Koloshuk
    Chairman and CEO
    (416) 933-8270