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


GREENWICH, Connecticut, July 3 /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



Web site: http://www.mercuryrealestate.com

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