Thomas Bernhardt Joins PCG

Thomas Bernhardt has joined PCG Asset Management as a senior vice president and head of research. He previously was a senior research analyst with CTC Consulting Inc., a subsidiary of Bank of America.

PRESS RELEASE

PCG Asset Management, LLC (“PCG AM“), a leading private equity investment management and advisory firm based in La Jolla, California, announced that Thomas Bernhardt has joined the firm as a Senior Vice President and the Head of Research. Mr. Bernhardt is responsible for managing the day-to-day business of the Research Group and leads the identification, analysis, due diligence and selection of private market investments.

Mr. Bernhardt brings seven years of private equity investment research experience and joins PCG AM from CTC Consulting, Inc., a subsidiary of Banc of America. While at CTC, he worked as a Senior Research Analyst and was involved in all aspects of the firm's private equity research functions. He co-led the sourcing of investment opportunities across the private equity spectrum and managed the real estate, energy, real assets, and Asian sectors. He is a graduate of Texas A&M University, receiving a BBA in Accounting and Finance, and is a CFA charterholder.

David Fann, President and CEO of PCG AM, said: “Tom and I had the pleasure of working together in the past. In addition, Tom has served as a primary consultant to one of our current clients. He is a proven asset and will be able to hit the ground running. I am confident that his industry expertise and leadership capabilities will further strengthen the PCG Asset Management Research platform. His transition should be seamless as he understands the intricacies of implementing successful private equity investment strategies for both large institutions and the high net worth market.“

Mr. Bernhardt said: “I am enthused to bring my industry experience and research skills to bear in a dynamic, growing environment such as that at PCG Asset Management. The firm's high quality client base, motivated professionals, and solid private equity manager relationships position it well for continued expansion. The challenges I am most looking forward to include broadening the research to accommodate other alternative investment classes, developing new product offerings, and expanding PCG AM's reach into the high net worth client market.“

About PCG Asset Management, LLC

PCG AM is an independent, multi-platform provider of private equity management and advisory services. With approximately $15 billion assets under management, PCG AM 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. As a research-driven and client-focused firm, PCG AM seeks to develop strong, long-term relationships by working one-on-one with its clients. Product offerings are structured to meet the unique needs of each investor and are provided through discretionary, non-discretionary and project-oriented investment engagements. PCG AM also offers advisory and portfolio monitoring services. Corporate governance is provided to PCG AM by a five-member Board of independent Directors; a structure the firm believes to be advantageous to clients and unique to the industry.