Akre Capital Hires Head of Strategic Planning and Client Services

Creates New Position to Expand Its Institutional Investor Relationships

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| Source: Akre Capital Management

MIDDLEBURG, Va., Feb. 3, 2014 (GLOBE NEWSWIRE) -- Akre Capital Management, LLC announced the appointment of Daniel Leger as Head of Strategic Planning and Client Services. With extensive alternative investment industry experience, Mr. Leger will focus on building and expanding the firm's relationships with institutional investors and consultants.

"We are delighted to have Daniel be a part of our team," said Charles T. Akre, Jr., the firm's founder. "He will be instrumental in fostering new relationships with institutional investors and helping us think critically about how we should continue to grow our firm," he explained.

Prior to joining Akre Capital Management, Mr. Leger worked with a wide variety of fund managers. He has held senior business development roles aimed at raising assets at BRI Partners, a Chicago based venture capital firm which seeded, among others, Ore Hill Partners, a multi-billion dollar credit manager now owned by Man Group; Steel Partners, a global shareholder activist manager; and Geosphere Capital Management, a New York based natural resources hedge fund. Mr. Leger holds a Ph.D. in political philosophy and international relations from the University of Notre Dame in Indiana and a BA in Political Science.

About Akre Capital:

From its offices in Middleburg, Virginia, Akre Capital Management, LLC manages over $3.1 billion as of December 31, 2013 in advisory client assets. Founded in 1989 by Charles T. Akre, Jr., the firm is the Investment Manager to two private partnerships, a mutual fund, and separately managed accounts.

Media contact:
Victoria Odinotska
Kanter & Company
Tel. (703) 534-3735