CHICAGO, IL and BELLEVUE, WA, September 27, 2007 – Sparta Asset Management, LLC (“Sparta” or the “Company”) announced its launch today as a registered investment adviser specializing in the management of small cap growth equities for institutional clients.  The principals of Sparta are all former employees of Oppenheimer Investment Management LLC, a wholly-owned subsidiary of Oppenheimer & Co., Inc.  In addition to the entire small cap growth investment team, the principals include tenured executive management, sales, client relations and trading professionals.  Sparta Asset Management, LLC, is structured as a private partnership in which the key professionals have majority equity ownership.  Private equity firm Rosemont Investment Partners, LLC is a minority stakeholder in the new firm.

Neal Wilkinson leads Sparta as its Chief Executive Officer with over 15 years of executive management and sales & marketing experience.  Neal previously served as Managing Director of Institutional Sales for Oppenheimer Investment Management, LLC.  “Having worked with the Sparta team for many years, I am confident in our ability to generate outstanding investment results and align our interests with those of our clients” says Mr. Wilkinson.  Neal leads the Chicago office for Sparta which is responsible for sales, marketing and client service functions.  Neal is joined by longtime colleagues Mark DeVincentis who shares marketing and client services responsibilities and Sue Gurney as Chief Operating Officer.

Sparta’s Chief Investment Officer, Ryan Carr leads the Bellevue, WA-based investment team, which includes Kerry Wate, CFA, Tim Vediz and Alexis Takacs.  Mr. Carr is the architect and leader of the small cap growth investment process that has generated outstanding returns relative to its peers and the Russell 2000 Growth Index since 1996.  “Our team has worked together closely on this product for many years and we are excited to continue our commitment to a disciplined investment process as part of an independent firm” states Mr. Carr.  Mr. Wate, a Managing Director, brings over 15 years of investment experience to the team.

Sparta manages assets for institutional clients including Taft-Hartley, public, corporate and foundation & endowment plans.  In addition, the Company will soon be launching a collective trust vehicle for clients seeking daily NAV and liquidity at smaller minimum account levels.

About Rosemont Investment Partners, LLC

Rosemont Investment Partners, LLC as general partner to Rosemont Partners II, L.P. provided funding and organizational assistance for the new firm’s launch and will provide ongoing strategic insight to the Company as a board member and partner with management.  “We’re excited to have the opportunity to partner with such a dynamic and motivated group of professionals.  We believe that the Sparta team will thrive as an independent, employee-owned boutique,” stated David Silvera, Managing Director, Rosemont Investment Partners, LLC.