Orchard Global Asset Management

April 25, 2013 12:50 ET

Bradley D. Belt to Become Vice Chairman of Orchard Global Capital Group (S) Pte Ltd

SINGAPORE, SINGAPORE--(Marketwired - April 25, 2013) - Orchard Global Capital Group (S) Pte Ltd (the "Company"), the parent company of Orchard Global Asset Management (S) Pte Ltd and other affiliates (collectively, "OGAM" or the "OGAM Group"), announced today that Bradley D. Belt, Chairman of Palisades Capital Management LLC, former Senior Managing Director of the Milken Institute and former Executive Director of the Pension Benefit Guaranty Corporation ("PBGC"), will become Vice Chairman of the Company as of May 1, 2013.

Belt will report to OGAM's Group Chief Executive Officer, Paul Horvath, and will advise OGAM's Group Management Committee on various strategic and operational matters, including product and relationship development, public affairs and regulatory policy issues.

"With his leadership roles in both the public and private sectors and his in-depth understanding of financial markets and policy arenas, Brad is uniquely qualified to provide insight on the issues that matter to our clients and to help broaden the compelling investment opportunities we can offer them," said Horvath. "He is well regarded both in Washington and on Wall Street for his knowledge of financial markets, expertise in regulatory matters, and track record of addressing complex financial, operational and policy challenges."

"The OGAM Group is a leading global alternative asset manager, and I am excited to join the team," said Belt. "Paul Horvath and Group Chairman Gary Wee have built world-class leadership and investment teams with a remarkable record of delivering superior risk-adjusted returns for clients. With a presence in Singapore, London and Toronto, the OGAM Group has a truly global reach and perspective. In addition, OGAM's Principals combine a unique understanding of both macroeconomic and political trends to enable them to identify and source compelling investment opportunities for their investors globally."

Belt has had a distinguished career in both the public and private sectors. In addition to serving as Chairman of Palisades, a boutique restructuring advisory firm, he most recently was Senior Managing Director of the Milken Institute, a nonpartisan public policy organization, where he oversaw the build-out of the Institute's Washington office and capital markets initiatives. Previously, Belt served under President George W. Bush as the Chief Executive Officer of PBGC where he oversaw a US$60 billion investment portfolio and helped shape Administration retirement security policy. He had also been appointed by the President to the Social Security Advisory Board and previously served in senior staff positions in Congress, as counsel to the Senate Banking Committee, and at the Securities and Exchange Commission.

About Orchard Global Capital Group

OGAM is privately owned and provides a range of alternative asset management products and services to institutional clients. OGAM invests in a range of fixed income, relative value and structured credit opportunities, and is a leading provider of financial solutions and capital to banks and other financial institutions. With offices in Singapore, London and Toronto, OGAM's investment capabilities combine global reach with local market expertise.

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