Mercury Announces Hiring of Managing Director and Chief Operating Officer Patrick Brady

Mercury Announces Hiring of Managing Director and Chief Operating Officer Patrick Brady

July 10, 2007

    GREENWICH, Conn., July 4 /Xinhua-PRNewswire/ -- Mercury
Partners LLC, a real estate investment management company
based in Greenwich, CT, announced the hiring of Patrick
Brady as Chief Operating Officer and Managing Director.

    Mercury Partners LLC
    Three River Road
    Greenwich, Connecticut 06807

                                             July 3, 2007
                                                           
       
    Dear Friends and Investors:

    We are very pleased to announce the addition of Mr.
Patrick Brady as a Managing Director and Chief Operating
Officer of Mercury Partners LLC and its affiliates
("Mercury").  

    Patrick is a senior Wall Street executive with over 23
years of experience in managing global Institutional
Investment businesses at Salomon Brothers (5 years),
Goldman Sachs (8 years) and Merrill Lynch (8 years) with
particular expertise in sales, trading, and capital
markets.  Most recently at Merrill Lynch, Patrick was a
Managing Director in the Equity Capital Markets group. 
Previously, Patrick developed extensive experience in the
Asian equity and fixed income markets while managing
businesses for Goldman Sachs in Tokyo, Hong Kong and New
York.       

    Patrick's global expertise will be an invaluable
addition to our team, a competitive advantage for our firm
and a significant asset for our investors. In addition,
Patrick will continue to further strengthen our operations,
risk management and overall business to that of a `best in
class' organization.  As we expand our global capability,
we will continue to focus on the addition of exceptional
individuals to our team who are experienced, successful and
passionate about our business.  In Patrick we have found a
Chief Operating Officer who will bring additional
experience, global relationships, and institutional
management strength to the Mercury team.  We are delighted
that Patrick has chosen to join Mercury and look forward to
a long and rewarding partnership. 


    Sincerely yours,


    David R. Jarvis                Malcolm F. MacLean IV 
    Chief Executive Officer        President 



    For more information, please contact:

     Malcolm F. MacLean IV
     Mercury Partners LLC
     Tel:   [phone]