MMC Capital Appoints Garrett Moran Senior Advisor

April 9, 2002

MMC Capital, Inc., the private equity investment subsidiary of Marsh & McLennan Companies, Inc., announced that Garrett Moran has been appointed a senior advisor to the company.

Moran will provide counsel on all aspects of MMC Capital’s business, with particular emphasis on investment activities in the insurance and other financial services industries.

Moran spent 19 years at Donaldson, Lufkin & Jenrette (DLJ), where he held several executive positions including co-head of the investment banking group. Following DLJ’s acquisition by Credit Suisse First Boston (CSFB) in 2000, he was co-head of the investment banking integration effort and was briefly the head of CSFB’s private equity division.

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