Integrated Asset Management Announces Appointment of David Pappin as Chief Operating Officer of IAM Real Estate Group

TORONTO, ONTARIO--(Marketwired - April 25, 2016) - Integrated Asset Management Corp. ("IAM") (TSX:IAM) today announced the appointment of David Pappin as Chief Operating officer of its real estate division, IAM Real Estate Group.

Rick Zagrodny, President of the IAM Real Estate Group, said "David is an experienced real estate professional and was most recently Vice President, Investments at Fiera Properties where he was responsible for acquisitions and was a key contributor to the growth of their real estate fund.

"In his role with IAM, David will continue to focus on acquisitions and development opportunities and will also work closely with me on fundraising, investor relations and growing assets under management."

John Robertson, President and CEO of IAM, said "Our real estate group has a long and distinguished history of producing superior results for our investors, with an unmatched track record that stretches over 33 years. We are pleased add David to the team as we seek to expand our real estate assets under management and launch new initiatives."

IAM is one of Canada's leading alternative asset management companies with approximately $2.4 billion in assets and committed capital under management in real estate, private debt and managed futures as of March 31, 2016.