Barrington Partners Performs Due Diligence for Lovell Minnick in Matthews Transaction

San Francisco - 21 January 2011

Matthews International Capital Management, LLC (“Matthews”), the largest dedicated Asia investment specialist in the United States, announced the addition of Lovell Minnick Partners LLC (“Lovell Minnick”) as a minority equity holder. With the endorsement of Matthews, Lovell Minnick private equity partnerships acquired a minority ownership interest previously held by another investor.

"We are pleased to have Lovell Minnick as an equity holder and to add Jeffrey Lovell to the Matthews Board of Directors. Lovell Minnick has considerable knowledge and experience working with investment management firms so their addition as an equity holder is a welcome development," stated Mark Headley, Chairman of Matthews. "Lovell Minnick's history as a patient, value-added investor is consistent with our own philosophy as investors and operators."

"The Matthews team has built an exceptional investment management firm with a focused approach, outstanding long-term track record, and differentiated market presence. We fully support the firm's business approach and continuation of their strategy," said Jeffrey Lovell, Chairman and Managing Director of Lovell Minnick.

Barrington Partners performed due diligence for Lovell Minnick in their transaction with Matthews.

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