endeavors enterprising

Additionally, Insight Venture Partners has
appointed two new Managing Directors to further expand upon the
strategic vision of the fifth fund.----Phoenix
Investment Partners, Ltd, the asset management subsidiary of The
Phoenix Companies Inc (NYSE: PNX), has entered into a multi-year
contract with Callan Associates to provide a variety of services, such
as strategic advice, sub-advisory search , competitive analysis and
assistance in the monitoring of Phoenix's various investment
strategies .

consultanting income

Michael Triplett has worked at Insight Venture
Partners for six years and was previously an investment professional
at Summit Partners.5 billion under management, Insight Venture Partners
is the leading venture capital firm specializing in software and
Internet services. We look forward to assisting them in meeting their
objectives," said Ron Peyton, president and chief executive officer of
Callan Associates.

Sites focused primarily on providing consulting services to social enterprise ventures.

asset entrepreneurial

The new fund will be used to
continue the Firm's investments in growth-stage software and Internet
technology investments.

ventures asset

advisors wealth

"With their extensive investment experience and demonstrated
leadership, we are delighted to have Michael Triplett and Jeffrey
Lieberman join the management team," said Deven Parekh, managing
director at Insight Venture Partners.
Phoenix Investment Partners, Ltd.com
Callan Associates Inc.

asset sustaining

insightpartners.com

Geraci, executive vice
president, The Phoenix Companies, and president and chief executive
officer of Phoenix Investment Partners. is the asset management
subsidiary of The Phoenix Companies, Inc.phoenixwealthmanagement.

earned bringing

Insight Venture Partners V
demonstrates the Firm's ability to help its portfolio companies
achieve strategic, operational and financial goals , while building
value for customers and investors. Prior to joining Insight Venture Partners six
years ago, Jeffrey Lieberman was a management consultant at McKinsey +
Company, where he focused on strategic and operating issues in
financial services and technology.

larson profits

About Insight Venture Partners

With over $1.

Phoenix Signs Deal With Callan Associates; Consulting Firm to Assist Phoenix in Strengthening Investment Offerings

rolfe larson

"
"We've worked with the investment community for more than thirty
years, and we feel that Phoenix has a strong array of investment
capabilities.9 billion in third
party assets under management as of December 31, 2004.

larson enterprise

is an independent, 100% employee -owned firm
dedicated exclusively to institutional investment consulting.

enterprise philanthropy

Business Editors /Financial Editors

NEW YORK----Insight Venture Partners,
a leading venture capital firm exclusively focused on the global
software and Internet services industry, today announced the close of
its fifth fund with $675 million."
Since inception in 1995, Insight Venture Partners has deployed
over $1.

income virtue

The Firm is focused on growth-stage companies that
apply technology to solve business and consumer problems. "They will lead the execution of
our strong deal flow, investment processes and value-add programs.

northland philanthropy

1 billion of capital over four funds, facilitating the
strategic sale of twenty-nine portfolio companies and exiting fourteen
others through initial public offerings, including Quest Software
(NADSAQ: QSFT), Greenfield Online (NASDAQ: SRVY) and Callwave, Inc. Headquartered in New York, Insight Venture Partners has
taken a global approach to investing in a market where experience,
value -add consulting and the ability to execute are the foundations of
success.
The Phoenix Companies , Inc.

assisting partnerships

assisting generate

A key
component of Insight Venture Partner's value to its portfolio is the
Firm's internal consulting services devoted to assisting portfolio
companies to improve their strategy and execution in sales, marketing,
operations and technology.

asset rolfe

"We
are pleased to be endorsed by limited partners such as Goldman Sachs,
HarbourVest, and Pantheon Ventures.
"This association with Callan demonstrates our commitment to
providing institutional-quality investment vehicles to both the retail
and institutional markets," said Daniel T.

enterprise asset

For additional information, visit the Firm's web site at
www.

assisting wealth

(NASDAQ: CALL).

Business Editors

HARTFORD, Conn. "Callan has the resources and
credibility to help get us there. is a leading manufacturer of life
insurance, annuity and asset management products for the accumulation,
preservation and transfer of wealth.

ventures endeavors

"
The close of the $675 million Insight Venture Partners Fund V fund
brings the total amount of current capital under management at Insight
to over $1. Callan's client roster includes 200 investment
management firms representing over $3. Callan has 170 employees
throughout its offices in San Francisco headquarters, Denver, Chicago ,
Atlanta and Morristown, New Jersey.

income rolfe

Phoenix
Investment Partners provides individuals and institutions with
disciplined money management through a number of investment
affiliates, and offers managed accounts, mutual funds, institutional
asset management, closed-end funds and alternative financial products.

corporations wealth

To further ensure the success of Fund V, Insight Venture Partners
has appointed Michael Triplett and Jeffrey Lieberman to the position
of Managing Director., with $42. For more information , visit
www. A leader
in providing strategic advice, investment manager research,
performance evaluation and fiduciary education, the firm was
incorporated in 1973.

ventures earned

Insight Venture Partners invests in entrepreneurial
companies developing technology-based solutions for businesses and
consumers .5 trillion in assets, 285 fund
sponsors with $1 trillion in assets and 35 independent consulting
firms and financial intermediaries.

philanthropy income

Insight Venture Partners Closes New $675 Million Fund; Firm's Fifth Fund Brings Capital under Management to Over $1.5 Billion

enterprise wealth

"The strong support from existing and premiere institutional
investors reinforces the effectiveness of our investment strategy and
performance, as well as the financial, operational, marketing and
sales expertise of our value -add consulting program," said Jeffrey
Horing, founder and managing director at Insight Venture Partners .5 billion.