Integrated Asset Management Corp. (TSX:IAM) ("IAM") and its private corporate
debt group, Integrated Private Debt Corp., ("IPD") today announced the
appointment of Philip S. Robson as President of IPD, effective immediately. John
Robertson, co-founder of IPD, and President and Chief Operating Officer of IAM
will become IPD's Chairman. 


Philip joined IPD in 1996 after a career in corporate and investment banking and
in the food industry. He has played a key role in building IPD's loan portfolios
and will now help direct the future growth of the group. 


Victor Koloshuk, Chairman and CEO of IAM said, "Our company continues to grow.
Philip's appointment demonstrates once again the depth of our asset management
teams, our culture of developing leaders for the future and our commitment to
management succession while keeping our focus on meeting the needs of our
clients by delivering high quality, conservatively managed alternative assets to
their portfolios." 


John Robertson added, "I've enjoyed working with Philip since he came on board
at our predecessor company, First Treasury, over 15 years ago. I am looking
forward to supporting the IPD team as it continues to deliver quality investment
products and above average returns to our investors." 


IAM is one of Canada's leading alternative asset management companies, with
approximately $2.4 billion in assets and committed capital under management in
private corporate debt, real estate, managed futures, global bonds, private
equity and retail alternative investments.
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