Breaking News

Refining Company Phillips 66 Second-Quarter Adjusted EPS $1.51 vs. Estimate of $1.69
Tweet TWEET

Photo Release -- The Presidio Group Expands Institutional Practice With BlackRock Hire

Photo Release -- The Presidio Group Expands Institutional Practice With
BlackRock Hire

              Céline Colgan Joins Firm as Chief Business Officer

Celine Colgan
 Celine Colgan, Cheif
 Business Officer, The
 Presidio Group LLC

SAN FRANCISCO, Sept. 25, 2013 (GLOBE NEWSWIRE) -- The Presidio Group LLC
announced today that Céline Colgan, an accomplished senior leader and
institutional client relationship veteran, has joined the firm as Co-Head and
Chief Business Officer of its Outsourced Investment Office (OIO). Ms. Colgan
was Managing Director and a senior member of the U.S. and Canada Institutional
team within BlackRock's Global Institutional Client Group.

A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=21179

"A year ago, we launched our institutional practice in response to increasing
demand for outsourced investment management functions, particularly from
universities, foundations, and other institutions with endowment funds in the
$100 million to $2 billion range," said Brodie L. Cobb, founder of The
Presidio Group. "As we have engaged with the market, we have confirmed the
need for a service that goes beyond traditional consultants and instead acts
and feels like a client's internal investment office. Céline joining the firm
signals our commitment to serving this market and our clients at the highest
professional levels."

The addition of Colgan's business leadership and client relationship expertise
rounds out a powerful team that includes Peter Stein, the former Chief
Investment Officer for the University of Chicago who joined Presidio in 2012,
and Mark Guinney, the head of Presidio's Research and Investment Group. "By
recruiting a Chief Business Officer of the caliber of Céline, Presidio is able
to offer our clients a level of expertise and service unmatched in the
marketplace," said Stein. "Céline becomes the business partner to our clients
while I devote my energies to working closely with Mark and his team to
develop unique portfolios that fulfill the objectives our clients set."

As Chief Business Officer, Colgan is taking on all of the administrative and
operations functions for Presidio's OIO, including business development,
strategy, marketing communications, client services, compliance, custodial
relations, and asset security. "This is an important and growing market, and
The Presidio Group is in a unique position to take advantage of the
opportunities before us," said Colgan. "The strength of the investment team
and the firm's commitment to the highest standards of fiduciary care set
Presidio apart from other firms. I look forward to working with this world
class team and applying my experience to make a positive impact for Presidio
and our clients."

"We are very fortunate to include Céline as part of our senior leadership
team, and were delighted when she joined our firm," Cobb continued. "Céline's
talents and experience as a seasoned professional with broad institutional
experience promise to realize our vision and the potential of this new
initiative."

Colgan held a series of positions with increasing responsibilities before
joining Presidio, first with Barclays Global Investors, and continuing after
its acquisition by BlackRock in 2009. Most recently, she was Managing Director
and Team Leader for the company's U.S. and Canada Institutional Group. In her
career at BlackRock, she was responsible for clients with more than $200
billion in assets. Colgan holds a Bachelor of Business Administration degree
in international business from the Institut Supérieur de Gestion in Paris, and
licenses from the NASD (Series 7 and 63) and NFA (Series 3).

About The Presidio Group

Founded in 1997, The Presidio Group LLC is a personal and corporate financial
services firm with more than $4 billion in client assets. Through its
interconnected investment banking, private equity, and capital advisory units,
Presidio is uniquely capable of addressing the lifecycle challenges of wealth
– from its creation, through its retention and growth, to its transfer to
successive generations. The firm's principals have extensive experience
running businesses, creating wealth of their own, and understanding and
managing risk. Presidio and its subsidiaries currently serve clients
throughout the United States. Presidio offers its advisory services through
Presidio Capital Advisors LLC, a SEC registered investment advisor. For more
information, visit www.thepresidiogroupllc.com.

CONTACT: Dale A. Carlson
         Carlson Advisors
         415/310-8616
         carlson@dale-carlson.com

The Presidio Group logo