February 23, 2007
PCG Announces spin-off of Pacific Corporate Group Asset Management, LLC
“Pacific Corporate Group Holdings, LLC (“PCGâ€) today announced that Pacific Corporate Group Asset Management, which was formed in 2005 as a business unit of PCG, has been spun-off and re-established as a separate, independent, employee-owned firm. Like its predecessor unit, the new firm, Pacific Corporate Group Asset Management, LLC (“PCG AMâ€), will focus solely on private equity investment advisory and consulting services for discretionary and non-discretionary clients. PCG AM, like the PCG-owned unit from which it originated, will oversee and/or advise on assets with a total value of approximately $15 billion on behalf of clients that include some of the world’s largest institutional private equity, leveraged buyout, and venture capital investors.”
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