PCG Asset Management Names Michael Bane
and Scott Reinig Vice President

August 12, 2010

LA JOLLA, California—August 12, 2010—PCG Asset Management, LLC (“PCG AM”) is pleased to announce the recent promotions of Michael Bane, CFA and Scott Reinig, CFA to the position of Vice President, reflective of the company’s commitment to build and maintain a strong, dynamic management team.

“Both Mike and Scott have been a key part of our success, and we’re very excited to have them represent the next generation of leadership at PCG Asset Management,” said David Fann, PCG AM’s President & CEO.

Messrs. Bane and Reinig both joined the Firm in 2006, and are responsible for conducting due diligence on private equity funds and monitoring numerous private equity manager relationships, in addition to assisting with client relations and portfolio management activities. Mr. Bane worked previously as an investment professional for The PrivateEdge Group, a division of State Street Corp., and Mr. Reinig, as a banking analyst at Lehman Brothers in New York.

About PCG Asset Management, LLC

PCG AM is an independent, multi-platform provider of private equity management and advisory services. With approximately $21.1 billion assets under advisement, the Firm enjoys a leadership position in the private equity industry, providing innovative and customized solutions to institutional investors worldwide, as well as high net worth individuals. Please visit www.pcgam.com for more information.