Research commissioned by KPMG and AIMA measured performance, volatility and risk from 1994 to 2011

London – April 24, 2012 – Hedge funds significantly outperformed traditional asset classes such as equities, bonds and commodities over the last 17 years according to a new study by The Centre for Hedge Fund Research at Imperial College in London. The research, commissioned by KPMG, the international audit, tax and advisory firm, and the Alternative Investment Management Association (AIMA), the global hedge fund association, is the most comprehensive of its kind to date.

The report, entitled “The Value of the Hedge Fund Industry to Investors, Markets and the Broader Economy”, found that, per annum, hedge funds returned 9.07% on average after fees between 1994 and 2011, compared to 7.18% for global stocks, 6.25% for global bonds and 7.27% for global commodities. Moreover, hedge funds achieved these returns with considerably lower risk volatility as measured by Value-at-Risk (VaR) than either stocks or commodities. Their volatility and Value-at-Risk were similar to bonds, an asset class considered the least risky and volatile. The research also demonstrated that hedge funds were significant generators of “alpha”, creating an average of 4.19% per year from 1994-2011.

“This research is powerful proof of hedge funds’ ability to generate stronger returns than equities, bonds and commodities and with lower volatility and risk than equities,” said Andrew Baker, AIMA’s CEO.

Portfolios including hedge funds also outperformed those comprising only equities and bonds, The Centre for Hedge Fund Research concluded. The study showed that such a portfolio outperformed a conventional portfolio that invested 60% in stocks and 40% in bonds. The returns of the portfolio with an allocation to hedge funds also yielded a significantly higher Sharpe ratio (which characterises how well the return of an asset compensates the investor for the risk taken) with lower “tail risk” (the risk of extreme fluctuation).

The Centre for Hedge Fund Research has created a unique aggregate hedge fund and benchmark index database. The database represents a careful aggregation of all the current information from multiple leading sources about hedge fund performance globally. Survivorship bias is not a factor because both active and inactive funds are included.

“The most interesting point to come out of this research is that it disproves common public misconceptions that hedge funds are expensive and don’t deliver. The strong performance statistics, showcased in our study, speak for themselves,” said Rob Mirsky, Head of Hedge Funds at KPMG in the UK.

The new report is the first of a two-part series on the state of the global hedge fund industry and contains a literature review of current academic work on the industry. The report also highlights the positive contributions the hedge funds industry makes to the broader economy. Not only are hedge funds important liquidity providers in the markets they are active in, they also have a role to play in the efficient allocation of capital, portfolio diversification and financial stability.

Part two of the report, which will be released in May, is based on a global survey of hedge fund managers. It will look at leading industry trends such as the impact of increasing institutionalisation of the industry on hedge fund managers’ operational infrastructure and how the demands of regulatory compliance and transparency to investors are shaping the industry.

For media enquiries, please contact:

Monica Fiumara, Senior PR Manager, KPMG (UK); Tel: +44 (0)20 7694 5674; Mobile: +44 (0)7901 105180

Email: monica.fiumara@kpmg.co.uk

Pete Settles, Media Relations, KPMG LLP (US): 201-505-6065; 732-546-4212 (Mobile); Email: psettles@kpmg.com

Christen Thomson, AIMA’s Director of Communications. Tel: +44 (0)20 7822 8380; Email: cthomson@aima.org

About KPMG’s Alternative Investments Group

KPMG’s Alternative Investments practice is comprised of audit, tax, and advisory professionals with deep industry experience across the broad range of alternative investment funds, including hedge funds, private equity funds, infrastructure funds, real estate funds and fund of funds. Around the globe, KPMG has more than 3,000 professionals in 60 international jurisdictions serving investment funds. KPMG’s Alternative Investments (AI) practice is an integral part of the firm’s Financial Services (FS) line of business. The FS line of business serves more than 20,000 clients worldwide. KPMG professionals have expertise in the issues, challenges, trends, and risks relevant to financial services companies as they meet the multifaceted challenge and opportunities of the alternative investments industry.

About KPMG International

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 152 countries and have 145,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

About AIMA

As the global hedge fund association, the Alternative Investment Management Association (AIMA) has over 1,300 corporate members (with over 6,000 individual contacts) worldwide, based in over 40 countries.

Members include hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors. They all benefit from AIMA’s active influence in policy development, its leadership in industry initiatives, including education and sound practice manuals and its excellent reputation with regulators worldwide.

AIMA is a dynamic organisation that reflects its members’ interests and provides them with a vibrant global network. AIMA is committed to developing industry skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the industry’s first and only specialised educational standard for alternative investment specialists. For further information, please visit AIMA’s website, www.aima.org.

To download a PDF of this press release click here.

US and UK Funds Manage Nearly 68% of Reported Assets, Study Finds

New York – April 30, 2012 – The “billion dollar club” is still the great colossus of the hedge fund world. Single-manager hedge funds with greater than $1 billion under management account for a mere 3.9% of reporting funds, but they control about 60% of the total single-manager hedge fund assets, according to a study conducted by PerTrac, the provider of analytics, risk and communications software for hedge funds, funds of funds and other institutional investors.

According to the study, 322 single-manager hedge funds reported having AUMs in excess of $1 billion in 2011, for a total of $1.08 trillion in AUM. Despite their dominance, there was only a 1.40% year-over-year increase in the assets of billion-dollar-plus funds in 2011 based on those that reported their results. (Some funds do not report to any database).

“The flight to size continues for hedge fund investors,” said Jed Alpert, Managing Director of Global Marketing at PerTrac. “Investors continue to view larger hedge funds as a better, safer bet even though industry data, including our own, indicates that smaller funds have generally outperformed larger ones.”

The institutional bias towards size also applied to funds of hedge funds (FoHFs). The number of reporting FoHFs managing greater than $1 billion in assets climbed by nearly 18% in 2011. Yet overall, the number of FoHFs declined 4.80% in 2011 to 3,388.

The study also found that single-manager hedge fund and FoHF managers located in the United States manage approximately $950 billion, or 42.3% of the total reported AUM. The United Kingdom has the second highest amount, with $574 billion in assets under management, or 25.6% of the total reported AUM.

The PerTrac study, now in its 9th edition, is unique because it is the only one that aggregates information from 11 leading global databases. This provides for the most holistic picture of the industry, as approximately 54% of hedge funds reported to only one database in 2011, a fact highlighted in this year’s study. PerTrac’s proprietary analytics software also removes duplicative fund data for an added level of precision in analyzing the number of funds and assets under management.

The study also found among reporting funds that:

 Overall, the number of single-manager hedge funds and FoHFs increased to 13,395, a growth of 3.73% from 2010 to 2011.

 The AUM of single-manager hedge funds and FoHFs expanded by 3.37% to reach $2.245 trillion at the end of 2011.

 More than half of all single-manager hedge funds and FoHFs are denominated in US Dollars and 77% are denominated in either US Dollars or Euros.

 The number of single-manager hedge funds increased by 6.98% in 2011, reaching 10,007 funds.

 The AUM of single-manager hedge funds was $1.798 trillion at the end of 2011, an increase of 4.2% from 2010.

To download the complete study which includes additional data on the composition and size of the hedge fund industry, please click here.

About PerTrac

PerTrac provides software solutions for investment professionals at the fund-level of investing, including pensions, family offices, hedge funds, long-only managers, endowments, sovereign wealth funds, funds of hedge funds and industry service providers. More than 1,400 organizations in 50 countries rely on PerTrac software solutions to help them maximize returns, reduce risk and operate more efficiently. Founded in 1996, PerTrac is headquartered in New York with offices in London, Hong Kong, Tokyo, Reno, and Memphis. For additional information on the full suite of PerTrac software solutions, please visit www.pertrac.com.

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Media Contact:

Mitch Ackles

Hedge Fund PR

+1 646 657 9230

Mitch@HedgeFundPR.net

Will Raffle World’s First Luxury Plug-in Car and AlphaMetrix Summer Internship

CHICAGO – April 24, 2012 – Feeling lucky? The “Open Your Heart to the Children” Benefit, organized by the Hedge Funds Care Midwest Committee of Hearts, will raffle a new 2012 Fisker Karma Sedan, the world’s first high-style, high-performance luxury electric car, at a gala celebrating HFC Midwest’s 10 years raising funds for the prevention and treatment of child abuse. The evening will feature a host of activities, including a silent auction where attendees can bid for a paid summer internship at AlphaMetrix, a leading online marketplace for the hedge fund industry.

The 10th Anniversary gala will take place May 23, 2012, from 5:30 p.m. to 10:00 p.m. Central Time, at Venue One (1044 West Randolph Street, Chicago).

The Karma, which has a manufacturer’s suggested retail price of $107,850, was provided to Hedge Funds Care with support from Fisker of North Shore, part of the Fields Automotive Group that serves Chicago, Evanston, Lake Forest and Glencoe, Illinois. Raffle tickets cost $500, and only 750 tickets will be sold.

“Fisker of North Shore’s generosity has heightened excitement for this year’s gala because there is so much buzz around the Karma. We are also deeply grateful for the generosity of our corporate sponsors. These donations will allow us to continue supporting existing grantees while expanding to new programs in the coming year,” said Elizabeth Foster, founder of Hedge Funds Care Midwest.

Pat Hubert, general manager of Fisker of North Shore, said she was instantly persuaded to provide a Karma after learning about Hedge Funds Care’s mission from a hedge fund investor. “What better place to donate than to this charity? We are going to help sell tickets because we are very proud to be working for this cause,” Hubert said.

For Aleks Kins, CEO of AlphaMetrix, supporting Hedge Funds Care reflects AlphaMetrix’ track record of demonstrating social responsibility: “We want to be part of this organization’s longstanding commitment to implementing positive change in our communities.”

Additionally, The Kelly Lively Memorial Award, given in recognition of outstanding commitment to Hedge Funds Care, will be presented to Citadel, the Chicago-based global financial institution.

Hedge Funds Care Midwest was founded in 2002 and has awarded 141 grants totaling in excess of $4.8 million since inception. Its Committee of Hearts is co-chaired by Ron Suber, senior partner of Merlin Securities, and Benji Wolken, partner at Ernst & Young LLP.

To register for the event and to purchase raffle tickets, please click here.

About Hedge Funds Care

Hedge Funds Care is an international charity supported largely by the alternative investment industry. Its sole mission is to support efforts to prevent and treat child abuse. Hedge Funds Care raises money, primarily through events, and awards grants in 12 major cities in the United States, Canada, the Cayman Islands, and the United Kingdom. Approximately 30 events are held annually. Hedge Funds Care’s grantees service children of all ages and span the entire spectrum from preventive and educational services for at-risk families to forensic interviews and treatment of children who have already experienced abuse. We generally fund small, community-based organizations, where small grants can have a profound impact. Since inception, Hedge Funds Care has awarded more than 820 grants totaling more than $29 million. Hedge Funds Care is largely a volunteer-driven organization, with professionals from the hedge fund industry serving on the Board and on local committees that plan events and evaluate grant proposals. The organization has a small staff based in New York City. Learn more at HedgeFundsCare.org.

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Hedge Funds Care – Media Hedge Funds Care – Midwest Events

Mitch Ackles Will Thompson Sarah Blaker

Hedge Fund PR Hedge Fund PR Hedge Funds Care

646-657-9230 267-221-6056 212-991-9600 ext. 342

mitch@hedgefundpr.net will@hedgefundpr.net SBlaker@HedgeFundsCare.org

70 West 36th Street, Suite 1404 New York, NY 10018 tel. 212.991.9600 fax. 646.214.1079 HedgeFundsCare.org

Non-Correlated Returns Fueling Growth

New York, N.Y. – April 10, 2012 – HedgeCo Networks (HedgeCo), the pioneering hedge fund database and advisory firm, today named Brett Langbert President and Chief Operating Officer. Langbert, who spent 17 years on Wall Street covering hedge funds across a multitude of sectors and strategies, was most recently a managing director at UBS, responsible for the firm’s prime brokerage sales for the Americas. Prior to UBS, he was a managing director at Morgan Stanley, where he co-managed cash sales trading for the Americas, merger arbitrage and capital structure arbitrage. Before Morgan Stanley, Langbert spent 12 years at Goldman Sachs, where he ran parts of the convertible arbitrage business and a volatility desk.

“Brett is joining HedgeCo as the next exciting phase in the hedge fund industry is unfolding. The ability of hedge funds to deliver non-correlated returns continues to attract new investors who want to diversify their portfolios,” said Evan Rapoport, the CEO of HedgeCo.

Langbert joins HedgeCo as federal legislation is set to repeal the ban on hedge fund general solicitation. It is anticipated that the bulk of the money set to flow into hedge fund marketing as a result of these new rules would come from emerging hedge funds, an area HedgeCo specializes in.

“HedgeCo’s unique approach to helping start-ups and emerging manager funds represents a significant business opportunity and I am excited by the opportunity to leverage my experience in this entrepreneurial environment,” said Langbert.

Langbert holds Series 7, 63, 3, 55, 9 and 10 securities licenses. He graduated from Colgate University with a B.A. in Political Science.

Click here to download a high resolution photo of Brett Langbert.

About HedgeCo Networks

HedgeCo, LLC (http://www.hedgeco.net/) manages HedgeCo, the premier hedge fund database and information portal. It is ranked in the top five hedge fund sites for traffic and offers a variety of other websites devoted to the specific needs of hedge funds. HedgeCo offers a wide variety of services, including hedge fund website design, consultation, third party marketing, seeding, and prime brokerage introductions.

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Media Contacts:

Will Thompson Hedge Fund PR 267-221-6056 will@hedgefundpr.net

Mitch Ackles

Hedge Fund PR 305-444-9868 Mitch@HedgeFundPR.net

New York, NY – April 5, 2012 – The Hedge Fund Association, an international organization that represents hedge funds, service providers and investors, today praised President Barak Obama for signing the Jumpstart Our Business Startups (JOBS) Act and provisions in it that will allow hedge funds to advertise responsibly to investors through normal channels. Emerging manager hedge funds are expected to benefit from the new law, according to the Hedge Fund Association (HFA).

“This is an action whose time has come,” said Mitch Ackles, president of the Hedge Fund Association. “Now that many hedge fund managers are required to register with the SEC, the strongest reason for the ban on hedge fund advertising has been removed. Second, information about hedge funds is ubiquitous because of the internet, websites and the media,” he added.

Hedge funds have been banned from soliciting or advertising their private offerings to the general public in exchange for being exempt from having to register their interests or shares with the Securities and Exchange Commission under Rule 506 of Regulation D. The lack of a clear definition of a solicitation has created confusion about what hedge fund managers can disclose in their marketing materials, at conferences or in the media.

It is expected that hedge funds will be allowed to advertise shortly after the Securities & Exchange Commission adopts final rules, which is expected to occur within 90 days of the signing of the JOBS Act. However, hedge funds will still be restricted to selling their securities to accredited investors such as individuals with a minimum $1 million net worth and qualified institutional investors (companies that manage a minimum $100 million in assets).

Lifting the advertising ban is expected to benefit registered, emerging manager hedge funds whose size has made it difficult to reach investors despite studies that show small hedge funds outperform large ones.

“While the JOBS Act represents a great step forward, there will likely remain some significant restrictions on what hedge funds are allowed to say. As a result, fund managers will still need to be sure their communications are compliant,” cautioned Ron Geffner, the Hedge Fund Association’s Vice President and a partner at the law firm Sadis & Goldberg.

Geffner said managers will likely be restricted from conducting a general solicitation unless they are registered as an investment adviser, either with the SEC or a state regulator.

“Still, managers can breathe easier knowing they can speak more freely,” Geffner added.

About The Hedge Fund Association

The Hedge Fund Association (www.thehfa.org) is an international not-for-profit organization made up of hedge funds, funds of funds, family offices, high net worth individuals and service providers. In the U.S., the HFA has chapters in the Northeast, Southeast, Midwest and on the West Coast. Internationally, the HFA has expanded to include chapters in Europe, Latin America and the Cayman Islands. HFA works on behalf of the entire hedge fund industry, including an estimated 9,523 hedge funds in the U.S. and abroad which collectively manage about $2.02 trillion in assets, as well as sophisticated investors and industry service providers.

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Media Contacts:

Mitch Ackles Will Thompson

Hedge Fund PR Hedge Fund PR

646-657-9230 267-221-6056

Mitch@HedgeFundPR.net Will@HedgeFundPR.net

Hedge Funds Care San Francisco “Open Your Heart to the Children” Benefit

NEW YORK – April 4, 2012 – The San Francisco 49ers’ players, coaches, alumni, cheerleaders and team co-chairman John York will make a special appearance at the 11th Annual San Francisco “Open Your Heart to the Children” Benefit organized by Hedge Funds Care and the San Francisco 49ers Foundation. The theme of the event is “A Time for Heroes” in recognition of the outstanding football team and its foundation’s efforts to support child abuse prevention and treatment programs in the San Francisco Bay Area.

The event will be held on April 18th at 4:30pm PST at The Bentley Reserve (301 Battery Street San Francisco, CA). More than 400 hedge fund managers and investors are expected to attend the event which will feature cocktails, dinner, dessert, a silent auction, raffle and a wine-tasting with participation from more than 10 local wineries.

“This event gives the California hedge fund industry an unequaled opportunity to demonstrate its commitment to ending child abuse,” said event co-chair Elisabeth MacKnight, a Director of Business Development at Conifer, a San Francisco company that provides middle and back office support to hedge funds. Last year’s event raised $755,000 in contributions from more than 450 attendees.

Co-chair Peter Lardner, a Managing Director of Prime Brokerage Services at Goldman Sachs in San Francisco, praised the on-going support by the 49ers and its foundation. “This is the eleventh year that Hedge Funds Care and the 49ers have been in partnership to raise funds for this important cause,” said Mr. Lardner. “They have been with us from the beginning.” he added.

A limited number of tickets and sponsorships are still available. For more information, please click here.

About Hedge Funds Care

Hedge Funds Care (HedgeFundsCare.org) is an international charity dedicated to funding programs focused on preventing and treating child abuse. Since its inception in 1998, Hedge Funds Care has awarded over 820 grants totaling $29 million. Hedge Funds Care is the only grant making public charity that focuses exclusively on funding this cause. Funds for Hedge Funds Care are also raised through events in more than 11 cities in the US, the UK, Canada, and Cayman Islands, and granted to community organizations addressing this issue.

About The San Francisco 49ers Foundation

The San Francisco 49ers Foundation (49ersfoundation.org) is the non-profit community funding extension of the San Francisco 49ers. Now in its 20th year, the 49ers Foundation supports development programs for underserved youth that keep them “Safe, On Track, and In School”. The San Francisco 49ers are promoting RESPECT for schools and community by donating a significant portion of the foundation’s funding toward family violence prevention programs and activities that teach youth leadership and respect. Since 1992, the Foundation has donated over $16 million to support non-profits, including $2.4 million in 2011.

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Hedge Funds Care – Media 49ers – Media Hedge Funds Care – West Coast Events

Mitch Ackles Talia Malik Dan Butchko

Hedge Fund PR 49ers PR Hedge Funds Care

305-444-9868 408-986-4891 212-991-9600 ext. 336

Mitch@HedgeFundPR.net Talia.Malik@niners.nfl.net DButchko@HedgeFundsCare.org

70 West 36th Street, Suite 1404 New York, NY 10018 tel. 212.991.9600 fax. 646.214.1079 HedgeFundsCare.org

Board of Directors and Appoints Regional Directors and Committee Chairs for 2012/2013

New York – March 19, 2012 – Mitch Ackles, a public relations executive specializing in the hedge fund industry, has been elected president of the Hedge Fund Association, it was announced today. Ron S. Geffner, a law partner at Sadis & Goldberg LLP and an expert in regulations affecting hedge funds, was elected to his second term as vice president.

The Hedge Fund Association is a non-profit organization that promotes the understanding and development of the alternative investments industry. Its members include hedge funds, funds of hedge funds, family offices, public and private pension funds, endowments and foundations, high net worth individuals, allocators, and service providers such as prime brokers, administrators, custodians, auditors, lawyers, risk managers, technologists and third party marketers.

Ackles, 42, is the founder and CEO of Hedge Fund PR. His firm represents hedge funds, service providers, investors, conference organizers, and local, national and global hedge fund groups. He also serves as spokesman for Hedge Funds Care, a global charitable organization which raises funds for programs that work to prevent and treat child abuse. Prior to his election as president, Ackles also served on the HFA’s board of directors and served as its spokesman for three years.

Geffner, 45, oversees Sadis & Goldberg’s Financial Services Group, where he advises private investment vehicles, investment advisory organizations, broker-dealers, commodity pool operators and other investment fiduciaries. He also counsels clients on regulatory issues and is a frequent commentator on the hedge fund industry.

“As hedge funds become more mainstream, the hedge fund industry has a greater responsibility to help everyone understand its contributions to the financial markets,” said Ackles. “I am looking forward to continuing the groundbreaking work that David Friedland has done as HFA president,” he added.

Geffner said the HFA would strive to add a strong voice to issues affecting hedge funds and their investors. “The hedge fund industry faces such challenges as providing more transparency, meeting new operational standards and complying with new regulations. The HFA will help the industry navigate these issues,” Geffner said.

David Friedland, former president and newly-appointed chairman, said the growth of the hedge fund industry validates the HFA’s mission. “The hedge fund industry has evolved over the past 25 years from a little-understood niche into an important component of the financial system, and I am gratified the Hedge Fund Association has played a part in that transition,” Friedland said.

To download photos of Mitch Ackles, Ron Geffner, and David Friedland, click on their names.

To download a PDF listing all new members of the board of directors, regional directors and committee chairs, click here.

About The Hedge Fund Association

The Hedge Fund Association (theHFA.org) is an international non-profit organization made up of hedge funds, funds of funds, family offices, high net worth individuals and service providers. In the U.S., the HFA has chapters in the Northeast, Southeast, Midwest and on the West Coast. Internationally, the HFA has expanded to include chapters in Europe, Latin America and the Cayman Islands. HFA works on behalf of the entire hedge fund industry, including an estimated 9,500 hedge funds in the U.S. and abroad which collectively manage about $2.02 trillion in assets, as well as investors and industry service providers.

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Media Contacts:

Will Thompson

Hedge Fund PR

267-221-6056

will@hedgefundpr.net

Jaye Scholl

Hedge Fund PR

818-241-6169

jaye@hedgefundpr.net

Due to Supply and Demand, Insider Trading and MF Global Collapse, Says SKCG Group

White Plains, NY – March 13, 2012 – Call it the “Galleon Effect.” Anticipating more insider trading investigations and investor lawsuits as well as increased claim payouts, insurance companies are asking for higher rates for hedge funds’ Directors and Officers (D&O) and Errors and Omissions (E&O) insurance after more than two years of price cuts. According to an analysis by SKCG Group, the risk management and insurance advisor to many of the world’s largest hedge funds, carriers are quoting average rate hikes of between 5% to 10% for this insurance that fund managers buy to protect themselves from the costs of investigations and lawsuits. Even the best-run hedge funds are beginning to see requests for increases, while insurers want premiums that are 15% higher, or more, from fund managers with poor performance and large redemptions.

Insurance companies are responding to expectations of a more aggressive approach by regulators towards Wall Street as fraud and debacles such as MF Global continue to dominate the headlines and force carriers to pay out more claims. The SEC is focusing on compliance issues, including insider dealing and the role of expert networks, while the FBI says it has enough information to keep its investigations of suspected illegal insider trading at hedge funds going for at least five more years.

“Insurance carriers know that hedge funds are in regulators’ cross hairs,” said Richard Canter, President and Chief Operating Officer of SKCG. “More than just insider trading, the SEC is cracking down on a variety of areas and, when regulators come knocking, the cost to defend these funds is seldom cheap and the insurers may be on the hook for it.”

Investigations and any resulting law suits can cost tens of millions of dollars, according to Canter. At the deposition stage, a fund can burn through as much as $1 million a month.

The cost of E&O and D&O insurance had declined in recent years, to the benefit of hedge funds, as insurance companies initially increased rates following the Madoff scandal, expecting a flood of lawsuits and investigations. Those lawsuits did not materialize as predicted, making this niche of the property and casualty insurance market particularly attractive to the new insurance company entrants who flooded in. Combined with the fact that fewer hedge funds were launched in the wake of the 2008 credit crisis, this created more supply than demand for coverage, and drove premiums down dramatically, sometimes by as much as 50% for smaller, newly-launched hedge funds.

SKCG predicted last year that increased regulatory actions would drive insurance costs higher and had recommended that hedge funds take advantage of the low rates and broad coverage terms while market conditions were favorable. Prices still remain attractive on a historical basis, SKCG is quick to point out, but may not remain this way for much longer.

Because supply remains greater than demand, insurance companies may not always get the rates they are looking for, says Canter. “But clearly, they are starting the conversation with requests for 10 percent increases, and are eyeing those higher 2009 price levels as a goal for the next few years,” Canter added.

About SKCG Group

SKCG Group is one of the largest privately-held insurance and risk management advisory firms in the United States. SKCG serves U.S. and international commercial and private clients who require sophisticated advice addressing multiple risk factors. SKCG’s technical expertise in identifying and analyzing risk, coupled with its ingrained culture of senior-level attention and client service, results in high levels of customer trust and loyalty. From insurance and private client services to group benefits and retirement planning services, SKCG’s marketplace success is due to its industry knowledge, analysis, experience and unique carrier relationships. Among SKCG’s numerous disciplines are Real Estate Owners and Developers, Financial Service Firms including Asset Managers and high net worth individuals and families. SKCG is a subsidiary company of AssuredPartners, Inc. To learn more please visit www.skcg.com.

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Media Contacts: SKCG Sales Contact:

Will Thompson Mitch Ackles Richard Canter

Hedge Fund PR Hedge Fund PR President, COO

(267) 221-6056 (305) 444-9868 (914) 761-9000

Will@HedgeHundPR.net Mitch@HedgeFundPR.net RCanter@SKCG.com

New York, NY—March 5, 2012—PerTrac, the leading provider of analytics, reporting and communications software for investment professionals, today announced that the company has been recognized for the second year in a row by industry magazine Hedgeweek as the “Best Risk Management Software Provider.”

The parent company of Hedgeweek, Global Fund Media, polled 41,000 readers, including over 5,800 institutional investors, and requested their assessment of the best hedge fund performers and service providers during 2011. The results of the Hedgeweek Awards 2011 were compiled from over 1,300 responses, and the winners were those companies which received the greatest number of votes in their category.

“The continued adoption of PerTrac RiskPlus by investment professionals demonstrates the global need for an affordable, powerful and user-friendly way to identify risk in portfolios that include traditional and alternative investment funds,” said Brendan Dolan, President of PerTrac. “To be given this award again is yet another acknowledgment that PerTrac has developed solutions that address the market’s heightened need for carefully analyzing risk in less transparent asset classes,” he added.

PerTrac RiskPlus, a joint development project with FinAnalytica, is fully integrated into PerTrac Analytics, PerTrac’s industry-leading asset allocation and investment analysis software. PerTrac RiskPlus gives portfolio managers and risk professionals easy to understand and multifaceted reports that break down a portfolio’s risk and return components. It enables investors to discern which funds may deserve greater allocations, which funds are problematic and how a portfolio can be expected to perform during market shock scenarios.

About PerTrac

PerTrac provides software solutions for investment professionals at the fund-level of investing including pensions, family offices, hedge funds, long-only managers, endowments, sovereign wealth funds, funds of funds and industry service providers. More than 1,400 organizations in 50 countries rely on PerTrac software solutions to help them maximize returns, reduce risk and operate more efficiently. Founded in 1996, PerTrac is headquartered in New York with offices in London, Hong Kong, Tokyo, Reno, and Memphis. For additional information on the full suite of PerTrac software solutions, please visit www.pertrac.com.

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Media Contact:

Mitch Ackles

Hedge Fund PR

(305) 444-9868

Mitch@HedgeFundPR.net

NEW YORK – March 5, 2012 – Hedge Funds Care, an international non-profit organization which raises funds and awareness for programs to prevent and treat child abuse within the hedge fund industry, raised $2.2 million at its 14th Annual Hedge Funds Care New York Open Your Heart to the Children Benefit last Thursday at Cipriani on 42nd Street, the highest amount in the history of the organization. The gala, the largest event that Hedge Funds Care holds worldwide, brought together 1,000 executives from across the hedge fund industry, including representatives from Marathon Asset Management, Pershing Square Capital Management, Claren Road Asset Management, and many more.

After an elegant cocktail reception and silent auction, Joe Torre, the former manager of the New York Yankees, received the Hedge Funds Care Founder’s Award. Torre, who experienced abuse as a child growing up in Brooklyn, was honored for his efforts to end the cycle of abuse through the work of the Joe Torre Safe at Home Foundation.

“The hedge fund industry’s support of our charity has enabled us to serve over 46,593 children in 2011. Thanks to the funds raised, we hope to make an even larger impact this year,” said John Budzyna, Chairman of the Board of Hedge Funds Care.

“Despite the recent attention that the Penn State scandal has brought to the problem of child abuse, it remains an issue that few speak of and even fewer are willing to address,” added Kathryn Conroy, Executive Director of Hedge Funds Care. “The powerful philanthropy of the alternative investments community is helping Hedge Funds Care provide grants to organizations that shine a light on this issue in an effort to prevent it from happening in the first place, and to help those heal who have been hurt.”

The flagship New York Gala raised $2 million in 2011. Funds from this year’s event will go to for child abuse programs in New York, New Jersey and Connecticut. In addition to the NY Gala, Hedge Funds Care raises funds through events in more than 11 cities in the US, the UK, Canada, and Cayman Islands. Hedge Funds Care is the only grant-making public charity that focuses exclusively on preventing child abuse.

About Hedge Funds Care

Hedge Funds Care is an international charity supported largely by the alternative investment industry. Its sole mission is to support efforts to prevent and treat child abuse. Hedge Funds Care raises money primarily through events and awards grants in 11 major cities in the United States, Canada, the Cayman Islands, and the United Kingdom. Approximately 30 events are held annually. Hedge Funds Care’s grantees service children of all ages and span the entire spectrum from preventive and educational services for at-risk families to forensic interviews and treatment of children who have already experienced abuse. It generally funds small, community-based organizations, where small grants can have a significant impact. Since inception, Hedge Funds Care has awarded more than 800 grants totaling more than $29 million. Hedge Funds Care is largely a volunteer-driven organization, with professionals from the hedge fund industry serving on the Board and on local committees that plan events and evaluate grant proposals. The organization has a small staff based in New York City.

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Hedge Funds Care – Media Hedge Funds Care – Events

Mitch Ackles Will Thompson Sarah Blaker

Hedge Fund PR Hedge Fund PR Hedge Funds Care

305-444-9868 267-221-6056 212-991-9600 ext. 342

mitch@hedgefundpr.net will@hedgefundpr.net SBlaker@HedgeFundsCare.org

70 West 36th Street, Suite 1404 New York, NY 10018 tel. 212.991.9600 fax. 646.214.1079 HedgeFundsCare.org