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Penson Worldwide, Inc. was founded in 1995 and is headquartered in Dallas, Texas. Penson Worldwide, Inc. (Penson) is a holding company. The Company is a provider of a range of critical securities and futures processing infrastructure products and services to the global financial services industry. The Company’s products and services include securities and futures clearing and execution, financing and cash management technology and other related offerings. The Company conducts business, through its wholly owned subsidiary SAI Holdings, Inc. (SAI). SAI conducts business, through its principal direct and indirect operating subsidiaries, Penson Financial Services, Inc. (PFSI), Penson Financial Services Canada Inc. (PFSC), Penson Financial Services Ltd. (PFSL), Nexa Technologies, Inc. (Nexa), Penson GHCO (Penson GHCO), Penson Asia Limited (Penson Asia) and Penson Financial Services Australia Pty Ltd (PFSA).

PGGM provides income protection for everyone in the healthcare and social work sector. PGGM aims to be a committed, dependable, responsible and ethical partner for all employees, offering income-protection products and services that perfectly meet their needs. PGGM also administers collective pension schemes for the healthcare and social work sector. As a cooperative, PGGM is a non-profit organisation that enables its members to derive maximum benefit from all its products and services. PGGM’s largest client is Pensioenfonds Zorg en Welzijn, which has pension assets of around 80 billion euros. Pensioenfonds Zorg en Welzijn determines policy and PGGM manages its assets and administers its pension scheme.

Established in London in 1997 as a subsidiary of US-based bond manager PIMCO, PIMCO Europe offers a variety of account services, institutional, and individual investment funds. Typical investors hail from corporate pension plans, foundations, endowments, public retirement plans, and corporate treasury departments, among others. PIMCO Europe has some E105 billion (approximately $140 billion) in assets under management. PIMCO is one of several investment management arms of German insurer Allianz. PIMCO Europe provides fixed-income management services to clients in the UK and Europe.

With a heritage dating from the 1960s, PineBridge Investments is an independent multi-product investment adviser with US $83 billion* in assets under management. PineBridge Investments is an investment arm of American International Group, Inc. It specializes in distressed investments. The firm provides a platform for customized portfolio construction and client based servicing. The firm manages a diversified product line of alternative investments including: private equity investments, fund of funds, small to mid-market buyout funds, hedge funds, real estate investment funds and fixed income strategies. The Alternative Investment Group's Private Equity program provides equity and mezzanine financing for private and public companies at different stages of development. PineBridge Investments is based in New York, New York with additional offices in Ontario, Canada; Tokyo, Japan; Tiajin, China; Houston; Texas; and Manila; Philippines.

The Pioneer Group, Inc., as of December 31, 1999, conducted its operations through Pioneer Investment Management (PIM), Pioneer International Financial Services, and Pioneer Global Investments. PIM included investment management and marketing of the company's 25 U.S. registered investment companies in the Pioneer Family of Mutual Funds, as well as the nine offshore mutual funds; distribution of shares of the Pioneer Family of Mutual Funds; and shareowner servicing for the Pioneer Family of Mutual Funds. Pioneer International Financial Services consisted of investment management and financial services. Pioneer Global Investments included the company's diversified strategic businesses, consisting of U.S. and international venture capital operations, U.S. and international real estate operations, and timber harvesting. As of 10/25/2000, Pioneer Asset Management USA Inc. operates as a subsidiary of Unicredito Italiano.

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