Terry O'Malley has joined Calamos Asset Management to enhance Calamos' institutional business in Europe, the firm announced today.

Based in London, O'Malley will be responsible for further developing the firm's presence in the institutional direct and consultant marketplaces in the U.K. and continental Europe.

"Terry's extensive experience in Europe provides us with an opportunity to enhance service to our existing international institutional clients and will help further diversify our business globally," said John P. Calamos, Sr., Chairman, CEO and Co-Chief Investment Officer. "We believe Terry's institutional focus complements our existing efforts in Europe to expand our business through global intermediary and platform relationships."

O'Malley brings more than 20 years of financial services experience to the firm. Prior to joining Calamos, he was head of U.K. distribution for a number of large global institutional asset managers, including Credit Suisse, Invesco and Fidelity.

About Calamos Asset Management, Inc.

Calamos Asset Management, Inc. is a globally diversified investment firm offering equity, fixed-income, convertible and alternative investment strategies, among others. The firm serves institutions and individuals around the world via separately managed accounts and a family of open-end and closed-end funds, providing a risk-managed approach to capital appreciation and income- producing strategies. For more information, visit www.calamos.com.

SOURCE Calamos Asset Management, Inc.

http://www.calamos.com