San Diego's LM Capital Group Receives $30 Million Institutional Investment from Northern Trust Company of Connecticut.

SAN DIEGO -- LM Capital Group, LLC, a leading San Diego-based fixed income investment manager for institutional clients, today announced that it has been selected by the Northern Trust Company of Connecticut to manage $30 million in its Opportunistic Core Fixed Income investment strategy.

John Chalker, Managing Director of LM Capital, said the firm's Opportunistic Core Fixed Income strategy utilizes a macro economic, fundamental analysis approach incorporating Global Scenario Planning to assemble a portfolio representing the most attractive fixed-income investment opportunities. In addition to Northern Trust, LM Capital's clients include the California Public Employees Retirement System (CALPERS), Coca-Cola Enterprises, The Teachers Retirement System of the State of Illinois, Colorado Public Employees Retirement Association (ColoPERA), Shell Oil, Kimberly Clark, and the Ohio Bureau of Workers' Compensation, among others.

"We are very pleased about our selection to manage this significant fixed income allocation on behalf of Northern Trust, one of the oldest and largest private banking, asset management and asset servicing firms in the world," said Chalker. "The addition of Northern Trust not only adds to the depth and breadth of our list of clients, but it also recognizes the performance of our unique investment process that emphasizes a global, fixed-income investment approach."

"We have been impressed with the depth of knowledge shown by the team at LM Capital. They apply a disciplined and differentiated approach to fixed income investing that has added value for their clients over time," said Kai Hong, CFA of Northern Trust Global Advisors. "Throughout its history, Northern Trust has consistently advocated investing with smaller and newer investment firms, as well as more established firms. Our partnership with LM is an example of the positive outcomes we've experienced by supporting emerging managers, and we look forward to being a part of their continued success."

About the Northern Trust Company of Connecticut

Northern Trust Corporation, whose business began in 1889, has more than 115 years' experience in providing fiduciary services including investment management, trustee and custody services to institutional and individual investors. As a result, Northern Trust is uniquely qualified to provide comprehensive outsourcing solutions to institutional investors. Management of total investment programs for institutional investors is provided by Northern Trust's Manager of Managers practice. Founded in 1979, this practice has enjoyed substantial growth since becoming part of Northern Trust in 1995. Assets assigned to outside investment managers have increased from $3.3 billion to $22.7 billion, and staff has increased from 45 to 82 employees. Offices are located in Chicago; San Francisco; Stamford, Connecticut; London, England; and Toronto, Ontario.

About LM Capital Group, LLC

LM Capital Group, LLC is a San Diego-based independent investment advisory firm registered under the Investment Advisors Act of 1940. The firm was founded in 1989 by Luis Maizel and John Chalker to provide fixed income investment services to institutional investors and is employed by public agencies, corporations and foundations across the United States. LM Capital Group manages approximately $2.3 billion in four fixed income products: short-term, intermediate-term, active core and opportunistic core (core plus). For more information on LM Capital Group, please visit www.lmcapital.com.