Friday, March 12, 2010

Starwood Capital Group Appoints Steven Hankin

Starwood Capital Group named Steven Hankin as managing director, portfolio operations, giving him oversight over Starwood’s portfolio of corporate investments. He will be based in Starwood Capital’s headquarters in Greenwich, Connecticut and be part of the senior management team that reports directly to chairman and CEO Barry Sternlicht.

Prior to Starwood Hotels & Resorts Worldwide, Mr. Hankin was a partner at McKinsey, where he specialized in travel and transportation and organizational behavior. He began his work with McKinsey in the firm’s New York office and then moved to Washington, D.C. to support the firm’s efforts to expand in the Mid-Atlantic market. -PR Newswire


Sector: Investment Management | Comments Off

Tom Humphrey Joins GoldenTree Asset Management

GoldenTree Asset Management announced that Tom Humphrey has joined the firm as a partner and member of the executive committee.

Mr. Humphrey will work closely with partners and executive committee members Frank Jordan and Leon Wagner on issues related to firm strategy, client franchise development and the continued expansion of GoldenTree. He  will report to GoldenTree’s president, Robert Matza.

Mr. Humphrey joins GoldenTree following a 24-year career at Lehman Brothers / Barclays Capital where he played a leading role in the integration of the two firms following Barclays’ acquisition of Lehman’s North American operations in 2008. At Barclays he most recently served as managing director, head of fixed income distribution Americas, as well as head of global commodities sales. He was also a member of the Americas management committee. -Business Wire


Sector: Investment Management | Comments Off
Thursday, March 11, 2010

Citigroup Appoints John Liptak

Citigroup has appointed John Liptak to join the bank’s Asia-Pacific credit trading team as head of Asia-Pacific distressed and special situations.

Liptak will continue to be based in Hong Kong. He will report to Naresh Narayan for the Japan part of the business and David Rosa for Asia excluding- Japan portions of the business.

Liptak is a former partner at Tribridge Investment Partners, where he set up Tribridge’s Asian distressed fund.


Sector: Diversified Financial Services | Comments Off

Montgomery Appoints Paul DiNardo

Montgomery announced that Paul DiNardo has joined the firm as vice chairman and head of technology banking.

DiNardo will lead the firm’s technology practice from its San Francisco office.

With over 20 years experience in software investment banking and corporate development, DiNardo joins Montgomery most recently from Credit Suisse Group, where he was a managing director and head of global software investment banking. -Business Wire


Sector: Investment Banking | Comments Off

Hirtle, Callaghan Appoints Jamie R. Johnson

Hirtle, Callaghan has named Jamie R. Johnson as director of private equity.

Johnson brings more than two decades of private equity experience to his new position, including nine years managing investment portfolios for leading industrial families in Europe. Johnson most recently served as a managing director of Paul Capital Investments. -Business Wire


Sector: Investment Management | Comments Off

Phoenix Realty Group Appoints Edward J. Ratinoff

Phoenix Realty Group announced the appointment of Edward J. Ratinoff as managing director, national acquisitions.

Ratinoff will oversee the firm’s acquisitions teams focused on two private equity real estate funds currently in their commitment periods in New York City and Los Angeles, targeting investments in urban residential and commercial properties in the greater Los Angeles and New York metropolitan areas. -Business Wire


Sector: Investment Management | Comments Off

Accident Fund Insurance Appoints Lisa Riddle

Accident Fund Insurance announced that Lisa Riddle has been named as the new vice president of claims and medical operations, succeeding Steve Cooper, who was recently named president of United Heartland, a subsidiary of Accident Fund Holdings.

In her new role, Riddle is responsible for the strategic direction of Accident Fund’s claims operations and medical-cost management. -PR Newswire


Sector: Insurance | Comments Off
Wednesday, March 10, 2010

Deutsche Bank Appoints Kees Hoving

Deutsche Bank’s global transaction banking division has appointed Kees Hoving as managing director and regional head of trade finance and cash management corporates business for Germany.

Based in Frankfurt, Mr. Hoving will report globally to Marilyn Spearing, Deutsche Bank’s global head of trade finance and cash management corporates, and regionally to Reinhard-E Uhl, regional head of global transaction banking for Germany.

Mr. Hoving joins from Royal Bank of Scotland’s global transaction services (GTS) where his most recent role was the head of GTS for Netherlands and the head of global network sales.  -Datamonitor NewsWire


Sector: Diversified Financial Services | Comments Off

Kevin Frisch and Peter Marquis Join FBR Capital Markets

FBR Capital Markets announced that Kevin Frisch and Peter Marquis have joined the firm as managing directors within investment banking.

Mr. Frisch joins FBR Capital Markets’ diversified industrials group in Arlington, Virginia, and Mr. Marquis joins the energy & natural resources group in New York.

Mr. Frisch joins FBR Capital Markets after spending nearly 10 years of his career at Lehman Brothers. At Lehman Brothers he was focused on industrial clients both as a member of the firm’s global mergers and acquisitions group and subsequently as lead coverage officer in its corporate advisory group. He began his career as an analyst at Chase Securities and later worked at Oppenheimer.

Mr. Marquis joins FBR Capital Markets from GE Energy Financial Services where he was a managing director, origination, within its power group. Prior to GE, he was a director in Lazard Frères’ global power and utilities group and held similar positions at Morgan Stanley, SG Barr Devlin and Smith Barney. -PrimeNewswire


Sector: Investment Banking | Comments Off

Stone & Youngberg Promotes Kevin Schultze, Brian Fox, Mike Blake, Jason Aiello, Andrew Blesser, Mike Finley, Jake Campos, Jared Boldemean, John Hutchinson, J.P. Scanlon, Marie Autphenne, Betsy Keyes and Charlene Graham

Stone & Youngberg, announced key promotions across all areas of the firm.

Kevin Schultze has been promoted to managing director in the portfolio strategy group.

Schultze is the firm’s acting chief economist, responsible for developing fixed income strategies for the firm’s institutional fixed income clients. He has more than 20 years expertise in fixed income portfolio management.

Brian Fox has been promoted to managing director in the municipal sales and trading group.

Fox has been with Stone & Youngberg for seven years. He began his career in municipal trading in 1996 and has worked for major firms in both San Francisco and New York, including UBS and Bankers Trust, now Deutsche Bank.

Additionally, the following members of Stone & Youngberg were promoted to vice president: Mike Blake, in the municipal sales and trading group, based in San Francisco; Jason Aiello, in the taxable group, based in New York; Andrew Blesser, in the taxable group, based in Chicago; Mike Finley, in the portfolio strategy group, based in Chicago; Jake Campos, in the public finance group, based in San Francisco; Jared Boldemann, in the private client group, based in San Francisco; John Hutchinson, in the private client group, based in San Francisco; and J.P. Scanlon, in the private client group, based in San Francisco.

There are three promotions to assistant vice president, all based in the firm’s San Francisco headquarters: Marie Autphenne in the municipal credit group, Betsy Keyes, in the municipal sales and trading group, and Charlene Graham, in the firm’s private client group. -Business Wire


Sector: Investment Banking | Comments Off

Eric Retzlaff Joins Lightstone Securities

Lightstone Securities announced that Eric Retzlaff has joined the company as senior vice president for business development. He will report to Stephen H. Hamrick, the company’s president.

Retzlaff will focus initially on Lightstone’s growing network of broker-dealers.

Prior to joining Lightstone Securities, Retzlaff served as a senior vice president for AXA Equitable. -PR Newswire


Sector: Investment Banking | Comments Off

R.J. O’Brien & Associates Appoints Steffen van Keppel and Tod Mitchell

R.J. O’Brien & Associates announced that it has hired two experienced brokers to head the the firm’s energy brokerage team.

Steffen van Keppel and Tod Mitchell have joined RJO, both as senior vice president, energy.

Van Keppel and Mitchell will help grow RJO’s existing energy business and service institutional and commercial clients with their expertise.

Working as a team for the past 24 years managing energy brokerage and Houston branch offices for futures brokerage firms and an introducing broker, most recently, van Keppel was branch manager and first vice president, and Mitchell was first vice president – sales, for Newedge USA. -PR Newswire


Sector: Investment Banking | Comments Off

Robert D. Brown Joins Advent International

Advent International announced that Robert D. Brown has joined the firm as a managing director and global head of limited partner Services.

Mr. Brown is responsible for Advent’s fundraising and investor relations activities worldwide.

Prior to Advent, Mr. Brown was a managing director at The Carlyle Group focusing on North American fundraising and investor relations. -PR Newswire


Sector: Investment Management | Comments Off

Northern Trust Appoints David McPhillips

Northern Trust announced that David McPhillips has been named director of consultant relations for the corporate & institutional services business unit in North America.

In this role, McPhillips will work closely with client service, sales, product development and operations teams to manage the asset servicing unit’s interaction with North American consultants.

McPhillips comes to the consultant relations position from the transition management team at Northern Trust Global Investments. He is based in Chicago and reports to Jon Dunham, director of North America asset servicing sales.

McPhillips has more than a dozen years of experience in financial services, most recently as a transition management strategist. He began his career at Northern Trust as a regional manager for the investment management liaison group. -PR Newswire


Sector: Investment Management | Comments Off

Scott Brooks Joins DWS Investments

DWS Investments announced the appointment of Scott Brooks as a director responsible for third party insurance national accounts.

Brooks will be responsible for managing client relationships with insurance companies and sub-advised mutual fund firms. He will be based in New York reporting to Michael Woods, a managing director and US head of distribution for DWS Investments Distributors.

Brooks has over 20 years of investment management distribution experience spanning both the retail and institutional markets with a focus on the defined contribution marketplace. He joins DWS Investments from JPMorgan Asset Management where, as a vice president, he helped the funds management and global real asset divisions build their defined contribution, investment-only (DCIO) distribution platforms. Prior to JPMorgan, he served as a director and led the DCIO business for Managers Investment Group. He also spent more than 16 years at OppenheimerFunds where he founded and led the firm’s DCIO business team. -Business Wire


Sector: Investment Management | Comments Off

New Enterprise Associates Appoints Ron Bernal

New Enterprise Associates announced that technology industry veteran Ron Bernal has joined the firm as a venture partner.

In this new role, Mr. Bernal, a former entrepreneur-in-residence with NEA, will work closely with the firm’s enterprise infrastructure and services, electronics and energy technology teams.

Mr. Bernal has spent nearly eight years in the venture capital industry and, through previous affiliations, is currently a director of four companies in NEA’s portfolio: Boulder Wind Power, Data Robotics, HelioVolt and ProStor. He was most recently a partner at Sequel Venture Partners where he focused on cleantech, enterprise infrastructure and enterprise software investments. While at Sequel he led the firm’s investment in HelioVolt and serves on that board. Mr. Bernal was previously a venture partner at Sutter Hill Ventures, where he led investments in Data Robotics and ProStor and continues to represent the firm on those boards. He also led the firm’s investment in and served on the board of Data Domain, an NEA-incubated data deduplication company acquired by EMC in 2009. -PR Newswire


Sector: Investment Management | Comments Off

Blue Marble Media Appoints Jin Kyung Yang

Blue Marble Media announced that Jin Kyung Yang has been appointed as president and a director of the company, replacing Sung Wook Chung. -SEC Filing


Sector: Investment Management | Comments Off

Pacific Life Promotes David Chang, Greg Cleveland and Lisa Fields

Pacific Life Insurance announced the following promotions to assistant vice president, effective April 1, 2010.

David Chang has been promoted to assistant vice president, risk management, retirement solutions division.

In his new role, Mr. Chang will direct the risk management team supporting Pacific Life’s variable annuity products. He will also provide input and advice to senior management regarding business projections and risk profiles.

Mr. Chang joined Pacific Life in 1998 as a business service representative. He transferred to the actuarial department and progressed to become the retirement solutions division’s actuarial director in 2008.

Greg Cleveland has been promoted to assistant vice president, Pacific Life Academy, corporate division.

In his new role, Mr. Cleveland will continue to manage the design, creation, and rollout of core curriculum and customized training programs while providing the strategic guidance to best meet the training and development needs of Pacific Life’s diverse and talented employees.

Mr. Cleveland joined Pacific Life in 1997 as an instructional designer. He was promoted to academy program director in 2000 and then to academy director in 2007. In this capacity, he has been responsible for all corporate training and employee enrichment programs and initiatives, including management/leadership development.

Lisa Fields has been promoted to assistant vice president, program management, real estate division.

In her new role, Ms. Fields will provide strategic oversight of the divisions treasury, subsidiary services, project management, and compliance teams, while supporting new business development activities related to the real estate divisions servicing operations.

Ms. Fields joined Pacific Life as a real estate accounting specialist in 1995 and has since been promoted multiple times. She became the director of program management and compliance in the real estate division in 2008.


Sector: Insurance | Comments Off
Tuesday, March 9, 2010

Deutsche Bank Securities Appoints Michael Linenberg

Deutsche Bank Securities announced that Michael Linenberg has joined as a managing director and senior company research analyst within its global markets division.

Based in New York, Linenberg will oversee airline and aircraft leasing research in the US and report to Steve Pollard, managing director and head of research in the Americas.

Prior to joining the bank, Linenberg spent his 18-year career at Merrill Lynch and was most recently a managing director and co-head of basic materials and industrials research. -Business Wire


Sector: Investment Banking | Comments Off

Morgan Stanley Appoints Gary Shedlin

Morgan Stanley has hired Gary Shedlin as vice chairman for investment banking.

Shedlin was chairman of Citigroup’s global financial institutions group.


Sector: Investment Banking | Comments Off

JPMorgan Chase Appoints Catherine Leung

JPMorgan Chase has promoted its Hong Kong head of investment banking, Catherine Leung, to the role of Asia vice chairman of investment. She is to retain her Hong Kong role after the appointment.

Leung has recently started working with the bank’s China chief executive, Fang Fang, as well as the investment banking team, to secure business opportunities in southern China.


Sector: Diversified Financial Services | Comments Off

Citigroup Appoints Brett Hanmer

Citigroup appointed Brett Hanmer as a director in global banking for its Australian operations.

In his new role, Hanmer will work with sector bankers and product groups in originating, analysing, structuring and presenting financing solutions to corporate clients. He will report to Shane Taylor, a managing director for global banking for Citigroup’s Australian operations.


Sector: Diversified Financial Services | Comments Off

Federal Reserve Bank of Philadelphia Promotes James M. Nason

The Federal Reserve Bank of Philadelphia has promoted James M. Nason to vice president and economist.

Nason joined the bank’s research department in November as a senior economic adviser and economist. -The Philadelphia Inquirer


Sector: Banks and Thrift | Comments Off

BTIG Appoints Robert Langer

BTIG announced the launch of a U.S. convertible securities business to complement its existing equities, derivatives, fixed income and prime brokerage groups. It will be led by Robert Langer, managing director and head of convertible sales and trading, who joins BTIG along with a team of five experienced sales and trading professionals.

Prior to joining BTIG, Langer was a partner at Stanfield Capital Group, a hedge fund/asset manager based in New York, where he established and was the senior portfolio manager of a convertible/capital structure arbitrage fund. -Business Wire


Sector: Investment Banking | Comments Off

Jesse Axtell Joins The Lightstone Group

The Lightstone Group announced that Jesse Axtell has joined the company as vice president and Northwest regional director.

Axtell’s career includes successful stints as a financial advisor with Morgan Stanley Dean Witter; an internal wholesaler with MetLife, where he was promoted to regional vice president; and with KBS Capital Markets as their Northwest representative. -PR Newswire


Sector: Investment Management | Comments Off

First Foundation Advisors Appoints Louis P. Abel

Louis P. Abel joined First Foundation Advisors as a managing director.

Abel is part of a team that will open a new full banking and advisory office for First Foundation in Pasadena.

Prior to joining FFA, Abel was a senior vice president and senior portfolio manager with U.S. Trust in Los Angeles, Calif. His responsibilities included managing portfolios on behalf of family offices, high net worth clients, foundations and endowments, and corporate pension and profit sharing plans. His prior experience includes serving as a vice president and senior portfolio manager for Wells Fargo Private Asset Management in Beverly Hills, where he managed private client accounts for high net worth individuals, family offices, and foundations. He was a senior portfolio manager with Husic Capital Management in San Francisco, managing both institutional accounts and private client accounts. In addition, for more than 10 years, he was a portfolio manager and analyst with Engemann Asset Management in Pasadena, California, where he spearheaded the development of the firm’s international investment strategy and managed global mutual funds and private client accounts and was responsible for all of the firm’s international investments. He also served as a portfolio manager for the firm’s small- and mid-cap investment strategies and was also a member of Engemann’s large-cap investment team with research responsibility for the consumer staples sector. -Market Wire


Sector: Investment Management | Comments Off

Steve Bono Joins Constellation Wealth Advisors

Constellation Wealth Advisors announced that Steve Bono has joined the firm as principal.

Bono will be responsible for ultra high net worth business development and based in the Menlo Park office.

Bono was a principal with ThinkEquity Partners in San Francisco before joining Constellation. Prior to ThinkEquity he was a vice president of market development with Bank of America Private Bank. -Business Wire


Sector: Investment Management | Comments Off
Monday, March 8, 2010

Deutsche Bank Appoints Steve Abrahams

Deutsche Bank announced that Steve Abrahams has joined as a managing director and head of securitization and mortgage-backed securities research within the firm’s global markets division. He is based in New York and reports to Marcel Cassard, managing director and global head of macro and fixed income research.

Abrahams joins Deutsche Bank with almost 20 years of securitization research and portfolio management experience, and was most recently the founder and a managing director at Citadel Capital Advisors. Before that he was the global head of liquid product strategy at Bear Stearns. He was previously a credit portfolio manager at Freddie Mac and a senior analyst at Morgan Stanley. -Business Wire


Sector: Investment Banking | Comments Off

Jones Lang Lasalle Appoints David Macadam

Jones Lang Lasalle announced the appointment of David Macadam as head of retail division, a newly created business unit in the MENA region. This newly established division will provide development advisory, leasing and management services to all retail clients throughout the region.

Macadam has over 28 years experience in the commercial, residential, mixed-use and retail real estate industry. He has completed projects throughout the Middle East and Canada. As a GCC based senior executive for nearly six years, he has been responsible for leasing, mall design, merchandise mix and viability analysis of iconic retail projects including Dubai Festival City and Dubai Mall. He is a member of the Dubai Real Estate Regulatory Authority and the Middle East Council of Shopping Centres.


Sector: Real Estate | Comments Off

Berchwood Partners Appoints Terry L. Wetterman Jr. and John A. DiOrio

Berchwood Partners announced the hiring of two new members to its team. Both will be based at the firm’s New York office.

Terry L. Wetterman, Jr. is joining the firm as a vice president with over nine years of global private equity placement experience.

Prior to BerchWood, Wetterman worked in the private equity funds group at Merrill Lynch for more than eight years in total. He focused on origination, due diligence and marketing for alternative investment managers, across various investment strategies including U.S. and European buyouts, structured equity, distressed debt, mezzanine, venture capital, real estate, royalties and hedge funds.

John A. DiOrio is joining as an analyst with three years of experience in fund marketing and client relationship management.

DiOria joins BerchWood from Monument Group where he worked as a client services associate. There, he managed the administrative fundraising process for multiple alternative investment managers, from initial due diligence through the final fund close, with responsibility for coordinating investor dialogue and creating promotional materials. -Company Website


Sector: Investment Banking | Comments Off

CNA Financial Appoints Kevin West

Kevin West has been appointed director of business development for CNA Financial.

In this role, West will help shape and expand CNA’s market presence and sales culture. He will be located in CNA’s Woodland Hills, CA branch, and will support CNA operations from Los Angeles to San Diego.

West joined CNA in 2003 and has served in several sales capacities in the business insurance segment as well as field distribution management. Prior to joining CNA, West worked with two other national carriers and a Los Angeles wholesale brokerage firm. -Business Wire


Sector: Insurance | Comments Off
Friday, March 5, 2010

UBS Appoints Axel Hoerger

UBS has announced the appointment of Axel Hoerger as its new head of private banking in Germany, effective from June 1, 2010. He replaces Stephan Zimmermann.

Hoerger has been with Goldman Sachs Group for 16 years, most recently as head of the bank in Frankfurt.


Sector: Diversified Financial Services | Comments Off

Broadpoint Capital Appoints Michael Voelker

Broadpoint Capital announced that Michael Voelker will head the investment grade group in its debt capital markets division. The group will include the division’s investment grade hybrid and preferred securities efforts.

Mr. Voelker, who joined Broadpoint Gleacher in July of 2009, brings over 20 years of experience in sales, trading and management. Since joining the firm, he has led the preferred/hybrids group in the debt capital markets division.

Prior to joining Broadpoint Gleacher, Mr. Voelker was co-head of the investment grade credit division of Bank of America. -Business Wire


Sector: Investment Banking | Comments Off

Knight Libertas Appoints Charles R. Mounts and Christopher A. Recouso

Knight Libertas announced the appointments of Charles R. Mounts as managing director and Christopher A. Recouso as director, both in fixed income research.

Mr. Mounts will be responsible for coverage of the financial sector. He is the former co-head of fixed income, currencies and commodities research at UBS.

Mr. Recouso will cover emerging markets issuers and distressed debt. He is a well-regarded analyst specializing in emerging markets. -PR Newswire


Sector: Investment Banking | Comments Off

David Grove Joins Needham

Needham announced that David Grove has joined the firm as a managing director in its internet & digital media investment banking group. He will be based in the Menlo Park, California office.

Prior to joining Needham, Mr. Grove was a managing director at Bank of America, where he focused on a diverse client base, including digital media clients. His experience includes a wide variety of equity, debt and private placement financings and advisory assignments for a diverse set of companies, including digital media, clean technology, and semiconductors. -Business Wire


Sector: Investment Banking | Comments Off

Empire Investment Appoints Paul H. Miller

Empire Investment announced that Paul H. Miller has been appointed senior vice president, mergers and acquisitions.

Miller joins the company with responsibility for leading business development and the investment activities for the firm, which includes: origination, investment valuations and structuring, investment diligence execution and investment strategy. His immediate focus is on the continued expansion of Empire’s diverse portfolio of companies.

Miller has more than 15 years of investment banking, business development, mergers and acquisitions and operational experience. He has held executive positions with The Marshall Fund, Communications Equity Associates, TUFF TV, CIBC World Markets and Oppenheimer. -Business Wire


Sector: Investment Management | Comments Off

Cowen Group Promotes Declan Quirke and Peter Reikes

Cowen Group announced that Declan Quirke has been promoted to head of health care investment banking, succeeding Peter Reikes, who has been promoted to vice chairman. Both Mr. Quirke and Mr. Reikes will continue to be based in New York.

Mr Quirke joined Cowen in 2001 and most recently was a managing director and head of life sciences. -PR Newswire


Sector: Investment Management | Comments Off

Selective Insurance Of America Appoints John P. Bresney, Darryl P. Holmes, Robert J. McKenna and Raymond J. Farinella

Selective Insurance of America appointed John P. Bresney to vice president of infrastructure services and operations for Selective’s information technology services department.

Previously, Bresney had served as assistant vice president of infrastructure services. He joined Selective in June 1996 as a management trainee and has held various positions within the ITS department.

Darryl P. Holmes has also been appointed to vice president, commercial lines underwriting.

Holmes joined Selective in February 2009 as assistant vice president of commercial lines underwriting. Prior to that, he was a branch manager at Zurich North America.

Robert J. McKenna has been appointed to vice president, infrastructure architecture and engineering for Selective’s ITS department.

Previously McKenna served as assistant vice president, infrastructure planning and integration. Prior to that, he was a senior engineer/team lead for Prebon Yamane.

Raymond J. Farinella has been appointed to assistant vice president, billing services.

Previously, Farinella served as billing services manager. He joined Selective in May 2006 as a manager of direct bill accounts. Prior to that, he was a corporate financial manager for Konica Minolta. -PR Newswire


Sector: Insurance | Comments Off
Thursday, March 4, 2010

Deutsche Bank Securities Appoints Dominic Konstamas

Deutsche Bank Securities announced that Dominic Konstam will join as managing director and global head of rates research within the bank’s global markets division.

In this role, Konstam will be focusing on developing the bank’s fixed income research platform in the US and globally expanding its range of products on the platform and level of client service. He will report to Marcel Cassard, global head of macro and fixed income research, and be based in New York. His appointment will be effective June 1, 2010.

Konstam joins Deutsche Bank with over 18 years of fixed income research experience and was most recently global head of interest rates research at Credit Suisse, where he oversaw macro strategy, derivatives and treasury research. -Business Wire


Sector: Investment Banking | Comments Off

John Hancock Funds Adds Gary Bieda

John Hancock Funds added Gary Bieda to its institutional sales team as a managing director.

Previously, Bieda was a principal at Robeco Investment Management where he directed the U.S. intermediary distribution business for the asset management firm.


Sector: Investment Management | Comments Off
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