Tuesday 17 January 2012

MVS Management LLC'/ Lyra Investments (UK) Limited/Emmanuel 'Manoli' Olympitis

Monday, January 9th 2011, Darien, CT – Darien based Investment Advisor MVS Management LLC (MVS) announces today that the firm has come to an agreement for a joint venture partnership with London based Lyra Investments (UK) Limited (Lyra). The partnership will focus on identifying opportunities for co-investment in the UK market and will be based in Lyra's London offices.

MVS Principal C. Minot Amory commented "we are thrilled to be working with Lyra to jointly develop business opportunities in the UK, a market we believe in going forward. Lyra will lend valuable local experience and understanding to a market that would be otherwise hard to penetrate from the US."

The Chairman and principal owner of Lyra Investments is Emmanuel “Manoli” Olympitis, a well-known and successful investment banker and corporate leader. Mr Olympitis' career highlights include: Executive Director of Bankers Trust International Limited from 1976 to 1980; Group Chief Executive of Aitken Hume International plc from 1986-1989; Executive Chairman of Johnson & Higgins Limited from 1992- 1996 (winner of Queen's Award for Exports 1994); and Executive Chairman of Pacific Media plc from 1999 to 2004 (market capitalization taken from £5m to a peak of £300m, with full LSE listing simultaneously achieved). He has served on many public boards, and currently is an independent director and chairman of the Audit Committee of Photo Me International plc, also an LSE fully listed company.

Mr. Olympitis stated “I am delighted that Lyra is joining forces with MVS to seek out appropriate investments in the UK, particularly given the strength and depth of MVS’ relationships with several major US institutions.”

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MVS is a Connecticut based investment advisor and Family Office that invests in, develops and distributes alternative investments.