In addition to retaining his current responsibilities, Mr. FitzGerald will be responsible for overseeing the firm's ambitious growth plans. Munder Capital is well positioned to capitalize on the significant consolidation that is anticipated within the money management industry, and is looking to initiate mergers and acquisitions, as well as investment team lift-outs. The firm also plans aggressive organic growth.

"Munder Capital Management has enjoyed significant growth over the past five years, and Jim FitzGerald has played a major role in that success," said Mr. Adams, who is also Munder's chief investment officer. "From the moment he arrived, Jim introduced numerous strategic initiatives that have resulted in significant revenue growth, increased profitability, and improved organizational efficiencies. A visionary leader, he is uniquely suited to ensure that Munder Capital Management is well positioned to succeed during this dynamic period in our industry's history."

Mr. FitzGerald, 49, joined Munder Capital in 2004 as head of retail distribution. In 2007, he also assumed responsibility for institutional distribution and corporate marketing. Mr. FitzGerald was part of the management-led buyout team that in 2006 acquired Comerica Inc.'s interest in the firm in partnership with Crestview Partners, a New York-based private equity firm. Mr. FitzGerald, a member of Munder Capital's operating and product policy committees, was nominated for "Fund Leader of the Year" in 2007 by Fund Action, a publication of Institutional Investor.

Prior to joining Munder Capital in October 2004, Mr. FitzGerald was a Senior Vice President at MFS Investment Management, where he was responsible for all retail sales and marketing operations. Prior to his affiliation with MFS, Mr. FitzGerald worked for Great West Life Assurance Company from 1982-1986. In addition to these positions, he has also served on the ICI's Sales Force Marketing Committee, and has been asked to speak on distribution at numerous industry conferences.

Mr. FitzGerald is a native of Detroit, and is a graduate of The University of Michigan.

About Munder Capital Management

Munder Capital is an institutional asset management firm with offices in Birmingham, Michigan and Boston, Massachusetts that provides disciplined investment advisory services to corporations, retirement plans, mutual fund and insurance companies for whom it sub-advises, as well as municipalities and Taft-Hartley accounts. Munder's investment expertise spans the domestic, international, and fixed income markets, as well as the full spectrum of equity capitalization ranges -- from small- and mid-cap to large-cap and multi-cap. The firm provides access to these disciplines through separate accounts, commingled funds, and mutual funds. Munder Capital managed $14 billion in active equity and fixed income assets as of March 31, 2009.

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