Subject: RE: FYI ONLY: IPM awarded the title of Best Macro Fund
From: "Arlene Busch" <[email-masked]>
To: Douglas Norström - IPM <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>, "Eric Schwerin" <[email-masked]>, "Joan Peugh" <[email-masked]>
Date: Tue, 31 May 2011 11:43:23 -0400

Douglas,

Congratulations on the recognizance of the good work IPM is doing for their
investors. I am available everyday this week and would like to introduce
myself to you on the phone. Since I am in the US, afternoon around 5pm (your
time) would work best. I can be reached at 202-333-1880 (w) or after hours
at 312-498-9595 (m).

I look forward to speaking with you….

Best,

Arlene

Arlene Busch

202-333-1880

[email-masked]

*From:* Douglas Norström - IPM [mailto:[email-masked]]
*Sent:* Tuesday, May 31, 2011 9:35 AM
*To:* Douglas Norström - IPM
*Subject:* FYI ONLY: IPM awarded the title of Best Macro Fund

Dear All,

We are delighted to inform you that the IPM Global TAA Fund was awarded the
title best “Macro over $1bn” by the magazine HFMWeek on May 26. HFMWeek’s
European Performance Awards are held annually in London and recognizes the
industry’s best and brightest.

Earlier this year IPM was also voted “Hedge Fund Manager of the Year” at the
Global Pensions Award Ceremony, making this the second time in just a few
months that IPM earns major recognition in the European financial sector.

We are preparing an official press release about the HFMWeek award for
external communication, so this email is intended for your information only.

Finally I would like to take this opportunity to introduce myself. My name
is Douglas Norström and I started here at IPM only a few days ago as Head of
Marketing and Communication. I look forward to meeting you all in the near
future.

In the meantime, I remain at your disposal should you have any questions.

Best regards,

Douglas Norström

Head of Marketing and Communication

T: +46 8 506 85 949

E: [email-masked]