Halcyon Asset Management Names Rollo Wigan as Firm's Senior European Client Relations Executive

NEW YORK, March 15, 2011 - Halcyon Asset Management LLC, a leading investment manager with over $10
billion under management, today announced that Rollo R. Wigan has joined the
firm's UK office as a Managing Principal with primary responsibility for
client relations in Europe, the Middle East, and Australia.

Wigan was most recently Managing Director of Marketing and Client
Development at MKP Capital Management, LLC. He held increasingly senior
positions there, having joined MKP in March 2002. Wigan holds a B.A. from the
University of the West of England, Bristol.

"Halcyon's client base has become more global, and to meet this growing
demand we needed a respected industry veteran on the ground in Europe," said
Joseph W. Hill, Halcyon's Director of Client Relations and a member of its
Executive Committee. "Rollo's unique combination of skills, relationships,
and experience will be a major addition to the firm as we continue to serve
our clients and expand our business."

Wigan added, "I am very excited to be joining Halcyon. I believe its
first-class team and superb reputation as a leading multi-strategy manager
will enable the firm to continue its steady growth in serving institutional
investors worldwide."

Founded in 1981, Halcyon is a leading multi-strategy investment firm,
managing over $10 billion in assets for a diverse group of investors
including leading public and private pension funds, endowments, foundations,
financial institutions, insurance companies, funds of hedge funds, and high
net worth individuals. Halcyon is registered with the SEC and authorized by
the United Kingdom Financial Services Authority and has a global client base
including the United States, Canada, Latin America, the UK, Continental
Europe, the Middle East, Asia, and Australasia. For more information on
Halcyon, see www.halcyonllc.com.

Scott Tagliarino and Catherine Jones, ASC Advisors, +1-212-992-1230