Rosemont Investment Partners, LLC makes investment in Bivium Capital Partners, LLC

July 3, 2008 – WEST CONSHOHOCKEN, PA – Rosemont Investment Partners, LLC (“Rosemont”) is pleased to announce that it has made an investment in Bivium Capital Partners, LLC (“Bivium” or the “Company”). Bivium will remain majority owned by its founding management team and Rosemont, a private equity boutique focused exclusively on making investments in asset management companies will own a minority stake.  Rosemont’s investment is being be used primarily to recapitalize the interests of outside shareholders.

Bivium manages approximately $825 million for public and private pension plan sponsors, through “manager of managers” portfolios.  Bivium’s investment process focuses on identifying, performing due diligence on and monitoring largely undiscovered, best-of-breed investment managers in less efficient asset classes.  The Company’s small cap product has an outstanding three year track record and has enabled Bivium’s clients to reap benefits of investing in high quality emerging managers early in their evolution.

Bivium was founded in 2002 in San Francisco, CA by a team of investment professionals that had previously worked together at Goldman, Sachs & Co. where they developed expertise in evaluating investment managers and designing multi-manager portfolios.  The team’s investment process evaluates not only the investment discipline of its underlying managers but also the organizational and cultural factors that will contribute to that manager’s success.  Bivium’s small cap product is notable for identifying and funding a number of small cap managers well before they were recognized by other institutional investors.

Les Hollis, Bivium’s co-founder and Chief Executive Officer, commented on the transaction: “Over the past five years, my colleagues and I have been able to address our clients’ needs by building portfolios that have beaten their respective benchmarks with lower volatility.  We are excited by the opportunity to grow our company and enhance our client offerings as a partner with Rosemont”.  David Silvera, Managing Director of Rosemont, noted: “We are thrilled to have the opportunity to work with the accomplished group of professionals at Bivium.  We’ve come to know and respect the investment process and discipline of the team at Bivium over the years and we look forward to working with them as they continue to grow the company and serve their clients’ needs”.

Terms of the transaction were not disclosed.

About Bivium Capital Partners, LLC

Bivium Capital Partners, LLC is a boutique investment firm that provides investment management services to public and private pension plan sponsors, corporations, foundations and endowments, and family offices. The company’s proprietary process of identifying, performing due diligence on and monitoring largely undiscovered, best-of-breed investment managers is designed to enable its clients to reap the benefits that exist by investing in emerging managers in their early years.  Bivium’s investment solutions are delivered by structuring manager of manager portfolios designed to achieve strong risk-adjusted returns.  For more information, please visit http://www.biviumcapital.com.

About Rosemont Investment Partners, LLC

Rosemont Investment Partners, LLC is a private equity firm focused exclusively on making investments in asset managers. Rosemont was formed in May 2000 to provide capital to fund management buyouts, recapitalizations and selected start-ups in the asset management industry. In addition to providing capital, the principals of Rosemont assist management in growing their companies by leveraging their decades of experience in advising asset management businesses. Bivium is Rosemont’s 16th investment.