TOM KAMP JOINS CORNERSTONE CAPITAL AS CHIEF INVESTMENT OFFICER

MINNEAPOLIS, February 2 — Cornerstone Capital Management, an Edina-based investment management firm, announced today that Thomas G. Kamp, most recently a member of the large capitalization growth team at Alliance Capital, had joined Cornerstone as its chief investment officer and a managing director.

Kamp, 44, brings to Cornerstone 13 years as a portfolio manager, as well as experience as a venture capitalist and entrepreneur. Prior to joining Cornerstone, Mr. Kamp was a Senior Vice President and portfolio manager at Alliance Capital Management Corporation within the Large Capitalization Growth Equity Group, and also the manager of Alliance Capital’s Minneapolis office.

“We are delighted that Tom will be joining our firm to lead our investment management efforts,” said Andrew S. Wyatt, president and CEO of Cornerstone. “Tom brings a national reputation and a vast amount of investment experience to our firm. He will play a critical role in elevating our investment process to a new level.”

As a portfolio manager, Kamp had the responsibility for more than $9 billion in assets under management, including the AllianceBernstein Large Cap Growth Fund, the Alliance Premier Institutional Fund, the ACM Global Investments – American Growth Portfolio (Luxembourg based), the ACM Funds, Inc. – American Growth Fund (UK based), and the Alliance American Premier Growth Fund (Japanese based), as well as more than $5 billion of assets from public and private institutions and high net worth individuals around the world.

“I’m very excited to join Cornerstone in a role in which I hope to help the firm grow and prosper,” Kamp said. “Andy and his team have already built a great organization and developed an excellent investment process. I look forward to playing a role in helping Cornerstone realize its full potential as a major force in the investment management business for both individuals and institutional investors.”