2/02/17: Rothschild développe son activité de conseil en matière de couverture et de dérivés (English only)

London, 2 February 2017

Rothschild Global Advisory, part of the Rothschild & Co Group, is expanding its Financing Advisory business by appointing Glen Manning as a Managing Director, based in London, to lead their Hedging and Derivatives business commencing 6 February 2017. Mr Manning will lead the team in London, advising clients on the strategy and execution of Hedging and Derivatives transactions.

Rothschild & Co's Hedging and Derivatives business covers the full spectrum of fixed-income, currencies, commodities and index based derivatives. The Financing Advisory business, which encompasses Debt Advisory, Equity Advisory and Restructuring accounts for approximately 30% of total Rothschild Global Advisory revenues. Since 2010 it has advised on 948 Debt Advisory assignments totalling $968bn. The volume and spread of deals they advise on provides the firm with an excellent sense of prevailing market conditions, providing clients with the best possible advice to achieve the best possible terms.

Commenting on the appointment, Robert Leitão, Head of Rothschild Global Advisory, said: "It is with great pleasure that we welcome Glen Manning to Rothschild Global Advisory. We are committed to building on our leading position in Debt Advisory and investing resources to help further strengthen our market position."

Andrew Merrett, Co-Head of UK Debt Advisory and Restructuring, said: "Glen brings with him extensive market knowledge and transaction experience. His deep knowledge and broad experience in Hedging and Derivatives will be invaluable to our clients as we grow this part of our business."

Glen joins Rothschild Global Advisory after more than six years at Lloyds Banking Group where he was a Managing Director and Head of Mid-Market Sales. Prior to Lloyds Banking Group Glen was Head of UK Corporate Derivatives at JP Morgan.

On his appointment, Glen commented "I am looking forward to joining Rothschild Global Advisory and working with such a talented team to expand the Hedging and Derivatives business in a firm that has a reputation for excellence in Debt Advisory."

- ENDS -

Rothschild Global Advisory Smithfield Group

Kim Nicholson Alex Simmons

Tel: +44 20 7280 5422 Tel. +44 20 7903 0669

kim.nicholson@rothschild.com Asimmons@smithfieldgroup.com

Rothschild & Co is a family-controlled and independent business that has been at the centre of the world's financial markets for over 200 years. It is one of the world's largest independent financial advisory groups, employing approximately 3,300 people in 40 countries around the world.

Rothschild Global Advisory, a division of the Rothschild & Co Group, designs and executes strategic M&A and financing solutions. It combines the breadth of its advisory offering with a high volume of transactions to achieve a unique understanding and perspective into markets and participants worldwide.

Rothschild Global Advisory provides impartial, expert advice to large and mid-sized corporations, private equity, families and entrepreneurs, and governments through an unrivalled network of 900 industry and financing specialists in 40 countries worldwide.

2