Promark Global Advisors is New Brand Identity of GM Asset Management

By Prne, Gaea News Network
Sunday, March 15, 2009

NEW YORK - In recognition of its growing client diversification, General Motors
Asset Management (GMAM) has changed its brand identity to Promark Global
Advisors, Inc. (Promark).

New York-based Promark manages over US$130 billion of assets,
representing more than 30 employee benefit plans, foundations and other
institutional clients. Along with its predecessor firms, Promark has been
managing investments for employee benefit funds for more than 60 years. The
Promark group includes Promark Investment Advisors, Inc., an SEC-registered
investment adviser, and Promark Trust Bank, N.A., an OCC-chartered bank.

“GM remains our largest client and we expect the company to continue to
be a vital part of our business,” said Nancy Everett, CEO of Promark Global
Advisors. “The experience gained through this relationship enables us to
bring a unique perspective and commitment to managing the plan assets of
other firms, a fact we are highlighting with the new brand.”

Promark is focused on managing pension plans using asset and liability
management solutions and developing customized investment programs for each
client, as well as providing investment management for specific mandates,
most notably alternative investments such as real estate and absolute-return
strategies.

The change noted above is a name change only, and does not relate to any
ownership or organizational changes with respect to Promark.

www.promarkglobal.com

Promark Global Advisors Fast Facts:

Senior Management: Nancy Everett, CEO, Tony Kao, Chief Investment
Officer, Michael Klehm, President & COO

Employees: 140 employees, of which 50 are investment professionals

History: GM-affiliated investment groups began managing affiliated
institutional assets during the 1940s. General Motors Investment Management
Corporation (GMIMCO), now known as Promark Investment Advisors, Inc., was
founded in 1990; General Motors Trust Bank, N.A. (GMTB), now known as Promark
Trust Bank, N.A., began operations in 2003 as successor trustee to an
affiliated bank and these entities have managed the Promark Funds, a family
of bank-maintained collective investment funds, since 1999. The GM Asset
Management (GMAM) name was adopted in 2000.

Ownership structure: Wholly-owned subsidiary of General Motors
Corporation.

Source: General Motors Corporation

Carlos Rosa, Promark Global Advisors Marketing, +1-212-418-6473, carlos.rosa at promarkglobal.com; Julie M. Gibson, GM Communications, +1-212-418-6381, Julie.m.gibson at gm.com

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