Promethean Asset Management appoints Christopher Greer as Head of Sales, Marketing and Client Service

    NEW YORK, Jan. 13 /PRNewswire/ -- Promethean Asset Management LLC, the New
 York-based private investment firm, today announced that it has appointed
 Christopher Greer as Partner, overseeing Sales, Marketing and Client Service.
 With over $400 million in assets under management, Promethean focuses on
 convertible and multi-strategy arbitrage.
     Mr. Greer joins the company on January 21, 2003 and will be based in
 Promethean's corporate headquarters in New York. Mr. Greer replaces John
 Morris who resigned from Promethean recently.
     In making the announcement, James O'Brien, head of Promethean, said,
 "Promethean has always been committed to providing the best in investor
 service.  I am confident that Chris' knowledge, background and proven
 abilities will allow us to continue with this commitment."
     Mr. Greer commented, "This is a great opportunity for me.  Promethean is a
 great firm with a proven track record and a terrific family of arbitrage
 products, and I am looking forward to getting started."
     Mr. Greer joins Promethean from Stark Investments (the family of funds
 within Staro Asset Management) in Milwaukee, where he served as Managing
 Director and Head of Marketing. During Mr. Greer's three-year tenure at Stark,
 the firm grew from approximately $1billion in assets to its current size of
 over $2.2 billion, focused primarily on convertible arbitrage.  Mr. Greer also
 served as a member of Stark's Executive Committee.
     Prior to that, Mr. Greer was Senior Vice President of Institutional Sales
 at Weiss, Peck and Greer, where he spent six years based in New York and
 Chicago.  He marketed the firm's broad range of products, including fixed
 income, large-cap equity, venture capital and hedge fund products.  Mr. Greer
 began his career at Digital Equipment Corporation, where he spent six years in
 sales and marketing.
     Greer graduated from the University of Massachusetts, Amherst with a
 Bachelor's degree in Economics in 1988.
 
 

SOURCE  Promethean Asset Management LLC