Industry Veteran Michael Kelly to Lead ORIX USA Asset Management Corporation as CEO

  Industry Veteran Michael Kelly to Lead ORIX USA Asset Management Corporation
  as CEO

Business Wire

DALLAS -- September 10, 2012

ORIX USA today announced the appointment of Michael Kelly as CEO of ORIX USA
Asset Management Corporation. Kelly, 42, will be based in New York and will be
responsible for ORIX USA’s asset management activities and strategic expansion
of the business. In this capacity, he will be focused on enhancing ORIX USA
Asset Management’s existing footprint and also expanding the company’s
investment activities.

Kelly, an 11-year veteran of FrontPoint Partners with extensive asset
management experience, will report to Jim Thompson, Chief Executive Officer of

“We are very pleased to have Mike Kelly join the ORIX USA team. Asset
Management is a high priority initiative for ORIX. Under Mike’s leadership as
CEO, we expect to see a substantial increase in growth,” said Jim Thompson,

“I am very excited to be joining ORIX to help build its asset management
capability,” said Mike Kelly. “There are tremendous opportunities today for
strategic acquisitions andORIX’s global footprint and dynamic business model
make it uniquely positioned to capitalize on them."

Kelly most recently served as Co-CEO and Chief Investment Officer of
FrontPoint Partners, a multi-strategy alternative investment firm he helped
build toover $11 billion in assets under management. Kelly joined FrontPoint
at the firm's inception in 2001; his roles included leading the manager
selection team, acting as head portfolio manager for the $3 billion FrontPoint
Multi-Strategy Fund, and spearheading the firm's sale to Morgan Stanley in

Prior to FrontPoint, Kelly's career history includes several well-known firms
including Tiger Management, Omega Advisors and Salomon Brothers.

Kelly graduated from Cornell University and Stanford University Graduate
School of Business.


ORIX USA is a diversified financial company with over $5 billion of
investments in commercial finance, venture finance, commercial real estate,
mortgage backed securities, municipal obligations and operating subsidiaries
including Houlihan Lokey, Mariner Investment Group and RED Capital Group.
Headquartered in Dallas Texas, ORIX USA and its subsidiaries have
approximately 1,400 employees, $25 billion of assets managed for others and
offices in most major cities including New York, Los Angeles, Milwaukee,
Atlanta as well as Hong Kong and Tokyo.

ORIX USA Corporation is a wholly owned subsidiary of ORIX Corporation, a
publicly traded international diversified financial services firm
headquartered in Tokyo with operations in over 27 countries world wide.


C. Pharr & Company for ORIX USA
Shelby Menczer, 972-931-7576 x 353
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