AFH Holding & Advisory Names William Yuan as Senior Advisor
10/14/2008
FOR IMMEDIATE RELEASE
BEVERLY HILLS, Calif., Oct. 14 -- AFH Holding & Advisory LLC, an integrated advisory and consulting firm serving U.S. and international clients who seek strategic counsel and sophisticated access to global capital markets, today announced the appointment of William Yuan as Senior Advisor.
As a past president and chairman of Merrill Lynch Asset Management Asia and former senior VP at Salomon Smith Barney, Bill brings impressive credentials to AFH Holding and Advisory, said Amir Heshmatpour, AFH Managing Director. His expertise with leading financial institutions, global markets and Wall Street enriches our service capabilities. Were confident that he will successfully leverage that experience for our client companies in Asia and the US, which will lead to exciting new opportunities for investors.
Mr. Yuan was most recently chairman and CEO of Fortress Hill Holdings, an Asian-based investment banking firm. With 23 years in global finance experience, he has served as a key strategist and advisor to international institutions. US companies advised by Mr. Yuan include Amgen Corp., Biogen, GE Capital, Warner Brothers Studios, and Fox News. He has also guided such leading Asian institutions as Sina.com, Shanghai Petrochemicals, Jinlia Pharmaceutical and Tsingtao Beer Corp.
In 1995, Mr. Yuan served as president of Merrill Lynch Asset Management Asia, and chairman of Merrill Lynch Global Asset Allocation Committee, with a $488 billion portfolio under his leadership. Simultaneously, he was chairman and portfolio manager of the $1.2 billion AmerAsia Hedge Fund. In 1993, he was the founder and managing director of the Corporate Institutional Services Group at Merrill Lynch Asset Management. Prior to that, Mr. Yuan served as a senior-vice president and co-manager at Salomon Smith Barney's Portfolio Management Corporation with dual functions as co-head of the Capital Markets Derivative team, and Chairman of the Technology Investment Management and Executive Policy Committee. He began his finance career at Goldman Sachs in 1983 as an investment banker in Mergers & Acquisitions.
Mr. Yuan is a member of the International Whos Who of Finance, Technology, Media and Telecom. He holds a BS in Economics from Cornell University and attended Harvard University's John F. Kennedy School as a Mason Fellow.
CONTACT INFORMATION
Mark Collinson
CCG Investor Relations
mark.collinson@ccgir.com
Tel (310) 954-1343
ABOUT AFH HOLDING & ADVISORY, LLC
AFH Holding & Advisory, LLC is an integrated advisory and consulting firm serving U.S. and international clients who seek the preparation and implementation of APOs, acquisitions or marketing strategies - executed concurrently with the organization and structuring of capital procurement. AFH delivers objective thinking, proven practices and best-of-breed partners to help clients achieve their specific development and financial goals. AFH maintains office in Beverly Hills, California and Shanghai, China.
http://afhholdingandadvisory.com


