(DEL MAR, CA December 10, 2007) Veteran institutional investors Art Nicholas and Catherine Nicholas announced today the establishment of Nicholas Investment Partners, L.P. The newly named investment management firm already manages approximately $265million including funds from accounts related to the adviser. The independent, employee-owned firm is led by an experienced team with professional ties extending almost 20 years when they were colleagues at Nicholas-Applegate Capital Management. These include Art Nicholas, founding partner and former Chairman of Nicholas-Applegate; Catherine Nicholas, former partner and Global CIO; John Wylie, former partner and CIO of the Investors Services Group; Jamie Atwell, former partner and Head of Global Trading; Greg Gleeson, former Director of Finance and Laura DeMarco, former partner of Client Service and Marketing. They are joined by talented research analysts and quantitative experts.