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Thursday, January 24, 2008

Ziegler Capital Names CFO

News summary by MFWire's editors

Ziegler Capital Management, the Chicago-based investment adviser to the North Track family of mutual funds, has hired Todd Krause as chief financial officer. Krause was previously at ABN AMRO LaSalle Bank, serving as fund administrator to structured products, alternative investments and hedge funds. Earlier, he was a fund administrator to hedge funds, fund management companies and broker-dealers at Trident Financial Services.

Company Press Release

CHICAGO, Jan. 23 /PRNewswire/ -- Ziegler Capital Management, LLC, the asset management arm of The Ziegler Companies, Inc., announced today that Todd A. Krause, CPA, has joined the firm as its Chief Financial Officer. In this role, Mr. Krause will be responsible for the financial and operational areas of Ziegler Capital Management, LLC and serve as the CFO for the North Track Funds and the Ziegler Exchange Traded Trust*.

Recently as a senior manager and prior to joining Ziegler, Mr. Krause was fund administrator to structured products, alternative investments products and hedge funds for ABN AMRO LaSalle Bank, NA, and emerging fund administrator to 90 hedge funds, fund management companies and broker-dealers for Trident Financial Services, LLC in Chicago. Mr. Krause, a certified public accountant, received his Master of Science in Accountancy and Master of Business Administration in Finance from DePaul University, Chicago, and undergraduate degree from Marquette University, Milwaukee. He is a member of the American Institute of Certified Public Accountants and the Illinois CPA Society.

"We are pleased to welcome Todd to our team. His vast experience, business expertise and leadership talents will prove valuable to the success of Ziegler's institutional products and services," said Brian Andrew, President of Ziegler Capital Management, LLC.

Mr. Krause notes "Ziegler is a boutique firm managing some of the more innovative and unique strategies in the marketplace in a variety of asset classes. From mutual funds to separately managed accounts to private equity -- there is so much opportunity here. I am thrilled to be a part of this very bright and motivated team."

About Ziegler Capital Management, LLC:

Ziegler Capital Management, LLC sponsors the North Track family of mutual funds and provides separate account management for individuals, corporations, foundations and endowments. Total assets under management are approximately $3.8 billion.

* Prospective purchasers should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus contains this and other important information about the Funds or Trust. A prospectus may be obtained from you investment consultant, or by calling Ziegler Exchange Traded Trust at 1-888-798-TECH (8324), or the North Track Funds at 1-800-826-4600. The prospectus should be read carefully before investing.

About Ziegler:

The Ziegler Companies, Inc. (Pink Sheets: ZGCO) is a growth-oriented boutique investment banking and investment services firm with a primary focus in the healthcare, senior living and church and school sectors. Operations encompass capital markets (capital advisory services, bond underwriting, mortgage banking, institutional sales and trading) wealth management, including asset management and investment services, and alternative investments.

Nationally, Ziegler Capital Markets is ranked as one of the leading investment banking firms for not-for-profit healthcare and senior living organizations, as well as religious institutions and schools.

Ziegler Wealth Management (retail brokerage) encompasses investment and consulting services for individuals, families, business owners and institutions. It operates a network of financial advisors throughout the nation.

Ziegler's alternative investing activities include raising and deploying capital through private investment funds with investment objectives related to the real estate, services and technology sectors of the healthcare and senior living industries.  

Edited by: Armie Margaret Lee

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