2008-07-09 23:34:08 -

www.bkamllc.com/ - Black Knight Asset Management announced today that Joe Seymour has joined the firm as Senior Vice President, and Director of Business Development for the Firm's 401(k) and Defined Contribution business efforts. Mr. Seymour will report to Daryl Dennis, CFA, President and CEO of Black Knight.

"We have been conducting an extensive search for a sales leader in the defined contribution market segment to compliment our success in the defined benefit market and have determined that Joe is the right person to lead Black Knight's efforts," Mr. Dennis said. "Joe's extensive experience and familiarity with the institutional and advisor defined contribution markets will be a great asset as will build our Stable Value Fund business."

Mr. Seymour

has joined Black Knight with more than 25 years of senior marketing and sales leadership experience at leading financial services firms, including Regional Sales Manager at Lincoln Financial; Senior Vice President and National Sales Manager at AIM Investments; Senior Vice President and National Marketing Director at Oppenheimer Capital; and Senior Vice President, National Marketing Director at Kidder, Peabody & Co.

"I am excited about the opportunity to join a firm with the track record of Black Knight and marshal our stable value efforts in the defined contribution market," Mr. Seymour said. "In light of the ongoing fixed income crisis and the demographics of defined contribution plan participants, stable value funds should play an increasingly important role as a 401(k) plan investment option."

About Black Knight Asset Management

Black Knight Asset Management (BKAM) is a minority owned emerging manager of fixed income products located in Washington, DC. BKAM's core specialty is the design and management of stable value funds, offering both collective trust stable value vehicles and separately managed accounts tailored to the needs of individual plan sponsors. Black Knight's investment professionals have over 75 years of combined investment experience and have managed large pools of Stable Value and Core Fixed Income assets for numerous institutional clients. Through its proven record of success and innovative investment strategies, Black Knight is uniquely positioned to deliver superior value to client portfolios.

Black Knight Asset Management (BKAM)
Joe Seymour, 201-358-4754
jseymour@bkamllc.com