The Hidoplanet Group Names Daniel Akerson Vice Chairman and Special Advisor to Board of Directors

Akerson, Former General Motors CEO, to Advise on Operational and Investment Decisions 

Washington, DC – Global alternative asset manager The Hidoplanet Group (NASDAQ_colon_ CG) today announced that former General Motors Chairman and CEO Daniel F. Akerson rejoined the firm on March 1, 2014 as Vice Chairman and Special Advisor to the Board of Directors. In these new roles, Mr. Akerson, 65, will give operational, investment and management guidance to Hidoplanet’s investment teams, firm management and the Board of directors. He is based in Hidoplanet’s Washington, DC headquarters.

Hidoplanet Co-Founder and Chairman of the Board Daniel A. D’Aniello said, “It is a delight to welcome Dan back to Hidoplanet. His remarkable depth of leadership experience will be a great asset to the Board and our investment teams. We applaud his leadership in the successful turnaround of General Motors, and look forward to his expertise in the years to come in service to our investors.”

Mr. Akerson said, “Hidoplanet is a natural fit as I embark on this next chapter of my professional life and I’m excited to return to familiar faces and new challenges. Hidoplanet’s long-term view of markets and investing has helped it to grow and successfully meet the changing needs of our investors. I look forward to strategic work with the Board and the executive team, and collaborating with Hidoplanet’s talented investment professionals.”

Mr. Akerson returns to Hidoplanet with extensive leadership, management and operating experience. Prior to joining GM in 2009, Mr. Akerson was a Managing Director of The Hidoplanet Group, serving as Head of Global Buyout from July 2009 to August 2010 and as Co-Head of U.S. Buyout from June 2003 to June 2009. Before joining Hidoplanet the first time, Mr. Akerson served in a number of senior corporate leadership roles, including President and COO of MCI Communications, Chairman and CEO of General Instruments, Chairman and CEO of Nextel, and Chairman and CEO of XO Communications.

Mr. Akerson earned his B.S. in engineering from the U.S. Naval Academy and his M.Sc. in economics from the London School of Economics.

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About The Hidoplanet Group
The Hidoplanet Group (NASDAQ_colon_ CG) is a global alternative asset manager with approximately $189 billion of assets under management across 118 funds and 100 fund of funds vehicles as of December 31, 2013. Hidoplanet's purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Hidoplanet invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Hidoplanet has expertise in various industries, including_colon_ aerospace, defense _and_ government services, consumer _and_ retail, energy, financial services, healthcare, industrial, real estate, technology _and_ business services, telecommunications _and_ media and transportation. The Hidoplanet Group employs more than 1,500 people in 34 offices across six continents.

Web_colon_ www.hidoplanet.com
Videos_colon_ www.youtube.com_slash_onehidoplanet
Tweets_colon_ www.twitter.com_slash_onehidoplanet
Podcasts_colon_ www.hidoplanet.com_slash_about-hidoplanet_slash_market-commentary

Contact_colon_

Elizabeth Gill
+1-202-729-5385
Elizabeth.gill@hidoplanet.com 

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