SALI Fund Management, the leading turn�key solution for the creation and administration of Insurance Dedicated Funds (IDFs), announced today that it has received a growth capital investment from affiliates of Long Ridge Equity Partners LLC. Proceeds from the financing will be used to further invest in growth initiatives and to provide partial liquidity to retired shareholders and will allow active shareholders to continue to invest in the business.

The day�to�day operations and decision making of SALI will remain unchanged with the firm's Managing Principal, Thomas A. Nieman, continuing to lead the organization.

Founded in 2002, SALI administers IDFs for a broad range of alternative asset managers, including many of the world's largest hedge funds, credit funds, and private equity funds. SALI administers over 100 IDFs and has partnered with 28 leading insurance companies to facilitate alternative investments via Private Placement Life Insurance (PPLI) policies and Private Placement Variable Annuities(PPVA). SALI provides a streamlined and cost�effective turnkey IDF platform, offering development, administration, and marketing support services for both single manager and multi�manager investment management firms.

Tom Nieman, SALI's Managing Principal, stated, "Over the last 15 years, SALI has established itself as the leading fund administration platform in the IDF space. We are excited to partner with the Long Ridge team as we begin our next phase of growth and expansion."

"SALI is a trusted partner to the world's leading alternative managers," said Kevin Bhatt, a Partner at Long Ridge. "We are excited to partner with the SALI management team as they continue to expand the global market for Insurance Dedicated Funds in the growing high net worth and institutional segments."

Eric Naison�Phillips, a Principal at SALI, commented, "Our partnership with Long Ridge will allow SALI to continue its pace of investment in our infrastructure and people, so we can continue to provide world�class product and service offerings to our clients. We are pleased Long Ridge has a shared vision alongside the SALI management team, and we look forward to a fruitful partnership."

About SALI:
Founded in 2002, SALI Fund Services provides the foremost turn�key solution for the creation and administration of IDFs.
SALI enables investment management firms to create tax compliant IDFs which can be attached to insurance company PPVA and PPLI investment account platforms. SALI currently administers over 100 IDFsfor 28 leading onshore and offshore life insurance company PPVA and PPLI investment account platforms. SALI provides an open�architecture platform that works cooperatively with investment management firms, insurance companies, and insurance brokers to create IDFs targeted for distribution to various market segments, including: high net worth individuals, Corporate�Owned Life Insurance (COLI), Insurance Company�Owned Life Insurance (I�COLI), Bank�Owned Life Insurance (BOLI), pensions, endowments, and foundations.

For more information on SALI, please visit www.sali.com.

About Long Ridge:
Founded in 2007, Long Ridge Equity Partners is a private investment firm focused on financial and business services.
Leveraging deep sector knowledge and an extensive network of industry resources, Long Ridge serves as a value�added partner to high�growth businesses. Over the last fifteen years, Long Ridge's principals have sponsored some of the most successful growth companies in the financial and business services sectors, providing strategic resources and capital to drive profitable expansion. Long Ridge has raised over $400 million of committed capital.