cess to local markets and investment opportunities ▪ Hundreds of millions invested each year in research programs globally ▪ Majority interest in Gavea Investimentos, one of Brazil's largest alternative asset managers ▪ Investing in Asia since 1972 and on the ground in Europe for more than 135 years ik ARTISAN

ens of a macro investor: Clear skies ahead? Monday, October 22. 2012 at 11:00 a.m. Eastern Time Featuring Arminio Fraga, Chief Investment Officer, Gavea Investimentos Michael Cembalest, Chairman of Markets and Investment Strategy, J.P. Morgan Asset Management The webcast will explore the following topics facing i

lens of a macro investor: Clear skies ahead? Monday, October 22. 2012 at 11:00 •. Eastern Time Featuring Arminio Fraga, Chief Investment Officer, Gavea Investimentos Michael Cembalest, Chairman of Markets and Investment Strategy, Morgan Asset Management The webcast will explore the following topics facing inves

Following the success of the Highbridge / Morgan strategic partnership, Highbridge announced in October 2010 the purchase of a majority interest in Gavea Investimentos, one of Brazil's leading alternative asset management firms. With headquarters in Rio de Janeiro and offices in Sao Paulo, Gavea brings over 100 emp

access to local markets and investment opportunities Hundreds of millions invested each year in research programs globally ▪ Majority interest in Gavea Investimentos, one of Brazil's largest alternative asset managers ▪ Investing in Asia since 1972 and on the ground in Europe for more than 135 years A ARTISAN