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Eddington appoints new non-executive director

Eddington Capital Management Limited has appointed Polar Capital Partners' executive chairman Charles Hale as a non-executive director.

Prior to joining Polar in 2002 Hale was managing director and vice chairman of CSFB Europe Limited, having been Chairman of Donaldson, Lufkin & Jenrette International, the London based subsidiary of Donaldson, Lufkin & Jenrette Inc, until its acquisition by CSFB in November 2000. Prior to 1984 Hale, a graduate of Stanford University and Harvard Business School, was a general partner of Lehman Brothers Kuhn Loeb and Managing Director of AG Becker International.

 "We are delighted that Charles has agreed to join our Board,' said Glenn Baggley, CEO of Eddington. "Charles has worked in the field of investment for over 40 years, and is well known throughout the community. His extensive experience in both the hedge fund and wealth management sectors will be invaluable to us as we grow our business.  Both the Company and our investors will benefit enormously from his wisdom."

Commenting on his appointment, Hale said; "I am delighted to join the board of Eddington Capital Management. I very strongly believe that in the current environment of more modest hedge fund returns, the higher return potential offered by Eddington sets it apart from most other fund of fund providers".

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