February 23, 2007

PCG Announces spin-off of Pacific Corporate Group Asset Management, LLC

“Pacific Corporate Group Holdings, LLC (“PCG”) 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 AM”), 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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