Aletheia Research and Management, Inc. Announces O'Melveny & Myers Attorneys Steve Olson and Jorge deNeve Will Join Aletheia as President and General Counsel, Respectively

SANTA MONICA, Calif., April 19, 2011 /PRNewswire/ -- Aletheia Research and Management, Inc. ("Aletheia"), a leading independent registered investment advisor, today announced that Steve Olson will join the firm as President and Jorge deNeve will join as General Counsel. Both have been attorneys at O'Melveny & Myers LLP, a premier international law firm, where Mr. Olson has been a partner and Mr. deNeve has served as counsel. Each has extensive experience in working with companies in the securities and financial services sector, and significant expertise in securities matters. As President, Mr. Olson will work with Peter J. Eichler, Jr., Chief Executive Officer, and Arvin Santos, Chief Operating Officer, to lead Aletheia operationally and spearhead the firm's growth in the U.S. and globally.

Peter J. Eichler, Jr., said, "Aletheia is committed to providing investors the best-in-class operational infrastructure which both supports and complements our performance track record on the investment side. Our team has worked closely with Steve and Jorge on legal and regulatory matters as well as key initiatives begun by the firm over the last several years. I am confident that Steve and Jorge will provide substantial contributions to the leadership and growth of our organization, particularly given their expertise in securities and regulatory matters. Their joining Aletheia underscores the quality and very high caliber of the professionals who comprise the firm's management team, the strengths of which we have enhanced significantly over the past three years. We are delighted to welcome Steve and Jorge to the firm."

Arvin Santos added, "We are pleased that both Steve and Jorge have decided to become part of the Aletheia organization. As Aletheia's Chief Operating Officer, I have had the opportunity to work with them extensively as part of O'Melveny's representation of Aletheia, and am confident in their ability to contribute meaningfully to the operational, compliance and legal infrastructure that we have built at the firm. I look forward to working with Steve and Jorge to continue to enhance Aletheia's best-in-class operations."

Steve Olson said, "I am excited to join Aletheia. I know the firm well, having represented Aletheia as outside legal counsel, and I am impressed with the extremely high caliber of the organization – one that has demonstrated its absolute commitment to creating value for its clients. What is particularly important to me is the firm's dedication to professionalism and integrity as Aletheia continues to enhance its strong foundation for future growth. I look forward to now being directly part of the Aletheia team as we continue to uphold and further that successful formula."  

As a partner at O'Melveny & Myers LLP, Steve Olson, 43, has held several significant leadership roles and received extensive legal industry recognition for his work in securities matters. He served as the firm's worldwide Hiring Partner and was a member of the firm-wide Partnership Admissions Committee. From 2007 to 2010, he also served as the firm-wide Talent Development Partner, where he was in charge of the training, mentoring and compensation of the firm's approximately 750 associates and counsel worldwide. Prior to O'Melveny & Myers, Mr. Olson served as an Assistant U.S. Attorney in the U.S. Attorney's Office for the Central District of California. He was also a law clerk to the late Honorable Wm. Matthew Byrne, formerly the Chief Judge of the Central District of California. He served as a Board member of the Stanford University Alumni Association and is currently on the Campaign Cabinet of the United Way for Greater Los Angeles. Additionally, Mr. Olson is the Secretary of the Kidspace Children's Museum Board. He is a member of the Pacific Council on International Policy and a Board member of the Federal Bar Association. Mr. Olson has a B.A. with honors from Stanford University and a J.D. from the University of Michigan, where he was Contributing Editor for the Michigan Journal of International Law.

Jorge deNeve, 42, has served as counsel at O'Melveny & Myers, focusing on securities regulation and litigation. He rejoined O'Melveny after serving as a staff attorney in the Enforcement Division of the U.S. Securities & Exchange Commission's Los Angeles Regional Office, where he gained deep knowledge and understanding of securities and regulatory matters. Prior to serving at the SEC, Mr. deNeve was an associate at O'Melveny and was a law clerk to the Honorable Audrey B. Collins, currently the Chief Judge of the Central District of California. Mr. deNeve is a member of the Board of Trustees of the Mexican American Bar Foundation and a board member of the Los Angeles Center for Law and Justice, a non-profit agency that provides legal services to low income residents of Los Angeles. He has a B.S. from UCLA, and a J.D. from USC.

About Aletheia Research & Management, Inc.:

Aletheia Research and Management, Inc. is a leading independent registered investment advisor. The firm currently manages approximately $7.5 billion for institutions and high net worth individuals, and offers a variety of investment solutions to its clients, including 8 Separately Managed Account (SMA) strategies, which include the Aletheia Growth strategy, the Aletheia Value strategy, the Aletheia 100 Insider strategy, and the Aletheia International Growth strategy. In addition, Aletheia sub-advises the North American Growth Fund in Europe in partnership with Nordea Bank and sub-advises several mutual funds in Canada in partnership with CIBC. The firm was founded in 1997 by Peter J. Eichler, Jr. with the fundamental belief that independence, passion and a tireless work ethic that drives to the truth about businesses ensures successful investing and creates value for clients. Since 1997, the firm has developed and nurtured an investment philosophy and process that is built upon independent thinking and analysis, and grounded in empirical fact. Aletheia is headquartered in Santa Monica, CA.

Contacts:
(Media)
Robert Siegfried / Jeremy Fielding
Kekst and Company
(212) 521-4800

(Investors)
Padraig Connolly
Aletheia
(310) 899-0800

SOURCE Aletheia Research and Management, Inc.