Independence Investments has hired Jamie DuPont as vice president in its sales and relationship management group. DuPont was previously with SSgA as client relationship manager until August of 2007.

Independence Investments LLC, a leading institutional manager of actively managed fundamental and quantitative equity strategies, is pleased to announce the appointment of James (Jamie) DuPont as vice president in its sales and relationship management group, effective immediately.

In his new position with Boston-based Independence, Mr. DuPont, 32, is responsible for cultivating and enhancing the relationships the firm currently enjoys with existing clients and within the pension consulting community. Mr. DuPont reports to James L. Tovey, senior vice president and director of sales and relationship management at Independence, who oversees a 10-person sales and client service team.

Prior to joining Independence, Mr. DuPont was at Boston-based State Street Global Advisors from 2000 until August 2007, most recently as a client relationship manager with responsibility for working with more than 25 public fund clients with a combined total of over $6 billion in assets. Previously at State Street Global, Mr. DuPont was a consultant analyst working with the investment consulting community, and also served as manager of the firm�s RFP Group.

�We�re delighted to welcome Jamie to our firm,�� said Jim Tovey, Independence�s sales and relationship management chief. �His client service experience and knowledge of the institutional investor and pension consultant communities will prove to be of great value to Independence, our clients, and our important relations with consultants.��

Prior to his role at State Street Global Advisors, Mr. DuPont worked at Mellon Financial Corp. (now Bank of New York Mellon Corp.) He earned a Bachelor of Science degree in Business Administration in 1998 from Bryant University and an MBA in 2003 from Suffolk University.

About Independence Investments

Founded in 1982, Boston-based Independence Investments is a leading institutional firm managing approximately $7 billion in active U.S. equity strategies spanning the style and capitalization range. Independence is an affiliate of Chicago-based Convergent Capital Management LLC, a multi-boutique asset management holding company that is a subsidiary of City National Corp., a publicly traded financial services company (NYSE: CYN) headquartered in Los Angeles. For more information about Independence Investments, please visit the company�s website at www.independence.com, or contact Jim Tovey, Senior Vice President and Director of Sales and Relationship Management at (617) 228-8630.

Edited by: Erin Kello

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