NITE Nightstar Therapeutics Plc ADS

JERSEY CITY, N.J., June 12 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (NASDAQ:NITE) today announced that it has expanded the transition management services provided to plan sponsors and investment managers as part of the firm's Global Markets offering. Knight has established Knight Transition Management to provide clients with the planning, implementation and transaction monitoring services essential to transitioning global, multi-asset class portfolios. In addition, Knight has added an experienced team with a proven track record from Lambright Financial Solutions. "As a discipline, transition management is rapidly growing as institutional firms recognize the risks involved with converting from legacy to target portfolios," said Gregory C. Voetsch, Executive Vice President and Head of the Institutional Group, Knight Capital Group. "At Knight, we understand that complex transactions require coordination among several parties across geographies and asset classes. We are dedicated to working with clients to manage the entire process in an efficient and effective manner." Knight Transition Management will help plan sponsors and investment managers preserve value and mitigate risk in transitions triggered by an asset allocation shift, a change in fund managers, outsized fund flows or a merger of funds, among other events. For each mandate, Knight Transition Management will seek to manage operational and opportunity risk as well as limit market impact costs. Knight Transition Management will utilize proprietary analytics throughout the process to forecast and monitor all costs as well as provide clients with regular transaction updates. Managing Director and Head of Knight Transition Management Shauna M. Lambright and Directors Frederick J. Porzelt and Connie Kreutzer have joined Knight from Chicago-based Lambright Financial Solutions, a boutique institutional brokerage firm providing transition management services and equity sales and trading. "Our team has a long history of delivering successful outcomes for clients. We're excited to join Knight and continue the expansion of transition management services to institutional firms," said Ms. Lambright. Ms. Lambright, Mr. Porzelt and Ms. Kreutzer have relocated to 225 West Washington Street, Suite 300, Chicago, telephone 312-553-8341. For more information about Knight Transition Management, please go to http://www.knight.com/transitionmanagement. Biographies Shauna M. Lambright Managing Director, Head of Knight Transition Management Shauna M. Lambright, 37, joined Knight from Lambright Financial Solutions, which she founded in 2004. Previously, she was Senior Vice President of the Plan Sponsor Sales Division at BNY Brokerage specializing in transition management services, commission recapture and issuer buybacks. Ms. Lambright joined BNY Brokerage following its acquisition of Capital Resource Financial Services (CRFS). As President of CRFS, she successfully established the firm's transition management offering. Earlier, she worked in the Investment Services Group at Donaldson, Lufkin & Jenrette serving private clients. Frederick J. Porzelt Director, Knight Transition Management Frederick J. Porzelt, 53, joined Knight from Lambright Financial Solutions where he was Director of Client Services. Previously, he was at BNY Brokerage specializing in transition management services and commission recapture. Mr. Porzelt joined BNY Brokerage following its acquisition of Capital Resource Financial Services where he assisted in the development of the firm's commission recapture offering. He began his career at A.G. Becker and moved to SEI Investments Company following the firm's acquisition of A.G. Becker's performance measurement unit. Connie Kreutzer Director, Knight Transition Management Connie Kreutzer, 49, joined Knight from Lambright Financial Solutions where she was Director of Institutional Equities. Previously, she was Managing Director at Banc of America Securities where she managed the Midwest equity trading team serving buy-side clients. Earlier, Ms. Kreutzer was Director of Trading at Driehaus Securities where she managed the domestic and international equity trading team. She also served as an international sales trader at Carl Marks & Co. and a market-maker in over-the-counter stocks at Kidder Peabody & Co. About Knight Knight Capital Group, Inc. (NASDAQ:NITE) is a leading financial services firm that provides electronic and voice access to the capital markets across multiple asset classes for buy-side, sell-side and corporate clients. In Global Markets, we provide market access and trade execution services in nearly every U.S. equity security and a large number of international securities, futures, options, foreign exchange and fixed income. In Asset Management, Knight owns a 51 percent stake in Deephaven Holdings with Deephaven Partners controlling the remaining 49 percent as of February 1, 2008. Deephaven (http://www.deephavenfunds.com/) is a global, multi-strategy alternative investment manager serving institutions and private clients. More information about Knight can be found at http://www.knight.com/. Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical facts and are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict including, without limitation, risks associated with the costs, integration, performance and operation of businesses recently acquired, or that may be acquired in the future, by the Company. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward- looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein. Readers should carefully review the risks and uncertainties disclosed in the Company's reports with the U.S. Securities and Exchange Commission (SEC), including, without limitation, those detailed under the headings "Certain Factors Affecting Results of Operations" and "Risk Factors" in the Company's Annual Report on Form 10-K for the year-ended December 31, 2007, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time. This information should also be read in conjunction with the Company's Consolidated Financial Statements and the Notes thereto contained in the Company's Annual Report on Form 10-K for the year-ended December 31, 2007, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time. DATASOURCE: Knight Capital Group, Inc. CONTACT: Margaret Wyrwas, Senior Managing Director, Communications, Marketing & Investor Relations, +1-201-557-6954, , or Kara Fitzsimmons, Director, Media Relations, +1-201-356-1523, , or Jonathan Mairs, Vice President, Corporate Communications, +1-201-356-1529, , all of Knight Capital Group, Inc. Web site: http://www.knight.com/ http://www.knight.com/transitionmanagement

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