Santa Monica, CA – April 7, 2010 – Colony Capital, LLC today announced that Justin Chang has joined the firm as a Principal. Mr. Chang will be responsible for extending the Colony brand into complementary areas such as energy, natural resources, healthcare and consumer products. He will be based in the firm’s Santa Monica office.

Mr. Chang most recently served as a partner of TPG Capital, an international private investment firm which he joined in 1993. At TPG, Mr. Chang led investments across a broad range of industries and multiple geographies. He retired from TPG in 2008.

Thomas J. Barrack, Jr., founder, chairman and CEO of Colony Capital, said, "We welcome Justin to Colony. We have known him for more than 15 years and he has a broad range of private equity investing experience in diverse sectors including energy, healthcare, technology and consumer products. Justin’s skill set will help us expand the Colony brand to many of these industries across the globe."

"I am extremely pleased to join Colony where I am reuniting with colleagues I have known for many years," said Mr. Chang. "Colony is one of the most respected private investment firms and I look forward to helping the Firm broaden its range of new investment opportunities."

Mr. Chang has served on the Boards of Directors of Beringer Wine Estates, Crystal Decisions, Lenovo Group, On Semiconductor, Shenzhen Development Bank, Silverado Premium Properties, and UTAC Holdings and was Chairman of the Board of UTAC Holdings from 2007-2009. He received his MBA from Harvard Business School and his BA from Yale University.

About Colony Capital
Founded in 1991 by Chairman and Chief Executive Officer Thomas J. Barrack, Jr., Colony Capital is a private, international investment firm focusing primarily on debt and equity investments in real estate-related assets and operating companies. The firm has invested more than $39 billion in over 8,800 assets through various corporate, portfolio and complex property transactions. Colony has a staff of more than 200 and is headquartered in Los Angeles, with offices in New York, Boston, London, Madrid, Paris, Rome, Hong Kong, Beijing, Tokyo, Seoul and Taipei. For more information, visit www.colonyinc.com

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