EMP Global LLC ("EMP") announced today the hire of Chung Min Pang and Samir Soota, both as Managing Directors, to take leadership roles in their growing Asian business. EMP Global recently announced it was to join the BMB Group, after a substantial investment by the BMB Group made BMB Group its largest shareholder. EMP's Asian business is run through EMP Daiwa Capital Asia Limited, a joint venture with the Daiwa Securities Group Inc.

Chung Min Pang will be responsible for the Greater China region and will be a member of EMP Daiwa's Investment Committee. He will also support BMB's activities in China. Chung Min, a Chinese National, has 30 years of experience in China. He was previously the China Country Head for both Bank of America and Salomon Brothers and most recently headed Aureus Capital in China. He has also held positions in China's Ministry of Agriculture where he participated in the early reform of the Chinese economy, and IFC, the private sector arm of the World Bank Group.

Samir Soota will be based in Singapore to oversee the South and South East Asian markets. Samir has more than 16 years of experience in Asia. He joins EMP from Principia Management Group, a specialty investment services firm (with a private equity arm) which he co-founded. He has extensive experience in both private equity investments and restructurings. Prior to that, he worked as President Director for KPMG's Financial Advisory Services Group in Indonesia.

Collins Roth, a partner of EMP Global responsible for Asia said:

"Chung Min and Samir are great additions to our team in Asia. We have been working closely with our partner Daiwa to build a leading team in the region and with these senior hires that team is in place. Our recent partnership with BMB gives us further strength to grow despite difficult markets. "

Bharat Parashar, Chief Executive of EMP Daiwa added:

"China and India are the main markets for EMP Daiwa in Asia. As a firm we believe strongly that experience matters, and both these gentleman have excellent track records that span previous market cycles. We consciously have made these hires to take advantage of opportunities presented by the global economic turmoil to invest in more rationally priced industrial assets in the region."

EMP is one of the largest private equity fund advisor focused on emerging markets having raised private equity funds totaling over US$7.0 billion for investment in Africa, Asia, Latin America, Europe and the Middle East. The firm is based in Washington, DC and operates out of eight offices in the regions in which it invests. It began activities in Asia in 1994.

EMP Daiwa Capital Asia Limited, "EMP Daiwa", is a joint venture between EMP Global LLC and Daiwa Securities Group, Inc. It was formed in early 2007 to pursue private equity opportunities across Asia. EMP Daiwa combines EMP's extensive private equity experience with the financial strength and network of Daiwa Securities Group Inc, one of the largest securities firms in Japan.

BMB Group Ltd (BMB Group), a leading alternative assets manager, with offices in London, New York, Brunei, Kuala Lumpur and the Middle East. Its parent company is in Brunei, it is headquartered in the Cayman Islands. BMB Group's current focus is the investment management of the assets of some of the most significant ruling families, together with other ultra high net worth individuals and institutions from the Asian world. BMB Group is majority owned by its senior management, with additional backing from a series of investors from the sovereign families of the Asian world.