Global ARC Boston 2008 Partners
Sponsors:
Bay Harbour Management ('BHM') is a longstanding veteran of distressed securities markets. We launched our flagship fund in 1990and work to provide strong portfolio returns with mitigated downside volatility through investments ranging from depressed priced credit to passive and control distressed, special situations and 'orphaned' equity. While most investing is passive, we have run several highly complicated restructurings over the past decade and bring to bear considerable experience with respect to the process of distressed investing. Our extensive process and ownership experience greatly informs the diligence of traditional distressed investment opportunties. BHM's two senior managing partners have worked together since 1996 and are supported by a team of eight investment professionals. We maintain a robust operational infrastructure and an entrepreneurial investment environment. We operate in a hedge fund structure, we do not use leverage and have actively hedged our portfolios since 2003. We manage approximately USD 1.35 billion and have been an SEC Registered Investment Advisor since 1989.
It is in Bridgewater's DNA to innovate, unshackled by conventions. As a result, over the past thirty years, Bridgewater has helped pioneer investment strategies such as currency overlay management, the seperation of alpha and beta, and inflation-linked bond management. Bridgewater began managing assets in its optimal alpha strategy, Pure Alpha, in 1991 and, in its optimal beta strategy, All Weather, in 1996. Bridgewater has 563 employees, one third of whom are engaged research and trading. Bridgewater manages approximately USD 140 billion in global investments for a variety of institutional clients, including: foreign governments and central banks, corporate and public pension funds, university endowments and charitable foundations. We believe that the best way to manage money is to seperate investment alpha (returns from active management) from beta (returns from passively holding a portfolio) and then create optimal portfolios of each. Bridgewater's clients specify their desired targetted risk levels, we replicate that benchmark and then follow a fundemental, systemic investment process to generate alpha.
CME Group is a combined entity formed by the 2007 merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT). We provide the widest range of benchmark futures and options products avaiable on any exchange, covering all major asset classes. Together, we offer our customers and the global marketplace more than 250 years of exchage expertise and we are dedicated to ongoing innovation and unsurpassed customer service. Specifically, we offer futures and options based on interest rates, equity indexes, foreign exchange, commodities, energy and alternative investment products such as weather and real estate. Three quarters of our trading volume comes from trades made electronically on our CME Global electronic trading platform. We serve customers around the world with a global product line, virtually around-the-clock electronic trading and strategic alliances with other exchanges. We also offer a number of programs and products designed specifically to appeal to a global audience. Customerts from more than 80 countries trade our products.
The D. E. Shaw group is a global investment asnd technology development firm with more than 1.300 employees; approximately USD 36 billion in aggregate investment capital as of April 1st 2008; and offices in North America, Europe and Asia. Since its organisation in 1988, the firm has earned an international reputation for financial innovation, technological leadership, and an extraordinarily distinguished staff. The firm has a significant presence in many of the world's capital markets, investing in a wide range of companies and financial instruments within both both the major industrialised nations and a number of emerging markets. Investments include both publicly traded and privately held financial instruments, certain physical commodities and commercial rights, and in some cases, entire companies. The firm also provides individually tailored debt and equity financing to both healthy and financially distressed companies, makes venture capital investments in early-and-later-stage ventures, and organizes and develops new technology-orientated ventures of its own.
Diversified Global Asset Management, or DGAM, is a fund-of-hedge fund and hedge fund manager based in Toronto and New York. Since inception in January 2004, DGAM has partnered with a range of institutional clients located in the United States, Europe and Canada, including both public and corporate pension funds and endowments. The firm is skilled at identifying and accessing high quality hedge fund managers globally and in building diversified portfolios to meet the specific requirements of our clients. Many of DGAM's clients have direct and indirect hedge fund programs and rely on DGAM for its unique ability to identify, originate and customize new and emerging hedge fund strategies and to incorporate these strategies into portfolios that are designed to exhibit low levels of volatility and high information ratios. DGAM recently launched a structured hedge fund designed to access an optimized portfolio of traditional hedge fund strategies in an efficient and scalable manner.
GoldenTree Asset Management, a Registered Investment Advisor with offices in New York, London, Los Angeles, Brazil, Luxembourg, Chicago and Dallas, manages $9.8 billion of absolute return strategies which invest in bank debt, high yield bonds, distressed debt, middle market loans, equities and real estate. GoldenTree is a bottom up value investor with more than 200 employees. As absolute return investors, we actively use short positions, hedges and leverage to create alpha, manage beta and optimize our investments. Over many years and market cycles, GoldenTree has demonstrated an ability to produce distinguished returns in all funds and products. A statistic which demonstrates the consistency of performance and downside protection of the investment process is that over the 80 months since the inception of GoldenTree's flagship Master Fund, the Fund has outperformed one or both of its yardsticks, the Merrill Lynch High Yield Index II and the S&P 500, and/or was positive in 87 out of 89 months.
Morgan Stanley is a global franchise with offices in New York, Westchester, San Francisco, Chicago, London, Paris, Tokyo, Hong Kong, Singapore and Sydney, we provide centralized clearance and custody, while optimizing clients' operational efficiency across multiple asset classes. We facilitate such achievements through our full-range of services, including risk analytics, consolidated reporting, client service, capital introductions, financing and securities lending. We are differentiated in having a dedicated asset owner group, which focuses on assisting institutional investors in a variety of roles: these include hedge fund education, a centralised documentation process and an aggregated account client service model, all functions of which are staffed by professionals with several years of relevant market experience. For more information please visit www.morganstanley.com/institutional/primebrokerage/index.html
RAB Capital is a London based investment management company. RAB Capital was founded by Philip Richards and Michael Alen-Buckley and launched its first fund, RAB Europe Fund, in November 1999. The company specialises in absolute return funds and as at 31 December 2007 has approximately USD 7.2 billion of assets under management. AT RAB Capital we focus on capital preservation and consistent absolute returns. We seek highly talented investment managers and provide them with an environment where they can successfully dedicate themselves to running focused investment strategies. RAB Capital floated on AIM in March 2004 and is authorised and regulated by the Financial Services Authority. RAB Capital currently manages 12 single strategy funds and two multi-strategy funds above USD 100 million and 11 further funds. THe largest investment strategy, RAB Special Situations is managed by Chief Executive Philip Richards. RAB Capital also provides advisory and distribution services within the hedge fund industry.
Riskdata is the leading provider of expert risk management solutions developed specifically for the global alternative investment community. Riskdata's comprehensive solutions enable investment managers to proactively manage and control credit and market risk, while mitigating systemic and model risk through and independent, efficient and objective approach. Riskdata's FOFiX system specifically developed for investors in hedge funds. FOFiX is a complete hedge fund risk profiling solution combined with a risk based portfolio construction tool. It enables investors to structure and apply a risk budgetting approach consistently throughout the entire investment process. FOFiX uses state-of-the-art methodologies that account for non-linear and extreme behaviour of hedge fund strategies. Riskdata has offices in New York, London and Paris and more than 100 clients worldwide. For more information please visit www.riskdata.com
State Street's Alternative Investment Solutions (AIS) group services more than USD 550 billion in alternative assets and provides a complete suite of fund accounting, fund adminstration and risk services to institutional investors, hedge fund managers and private equity managers. AIS combines the strengths of a large global firm with the responsiveness of a highly specialized provider to the alternative investments market. We offer deep, product-specific expertise and flexible, innovative solutions specifically developed for alternative investments. Backed by State Street's leading technology, strong processes/controls, and global presence, we are a secure partner who can grow with you as you expand or need new services. State Street Corporation is the world's leading specialist in providing institutional investors with investment servicing, investment management and investment research and trading services. With USD 15 trillion in assets under custody and USD 2 trillion in assets under management, State Street operates in 26 countries and more than 100 geographic markets worldwide.
Associate Sponsors and Exhibitors:
AlphaMetrix, LLC, is an innovative alternative investment research and management company founded in May 2005 with corporate hq in Chicago, Illinois. AlphaMetrix delivers a powerful combination of investment services through a real-time electronic managed account platform. The AlphaMetric platform offers an efficient and economical solution for investors looking to construct and monitor commodity, foreign exchange, and managed fututres portfolio while providing unprecedented transparency and liquidity to alternative investments. The AlphaMetrix Platform provides an array of investors, including institutions and fund of funds, with access to niche trading managers and offers investment minimums and fee structures which may be favorable to a broad range of portfolio sizes, as well as the ability to notionally fund investments via proprietary limited liability structures - which provide a hybrid of the most attractive features of managed accounts and fund structures. AlphaMetric services include both quantitative and qualitative manager screening, real time analytics and risk monitoring tools, portfolio construction tools, and back office, marketing and administrative support. The firm is well positioned to provide superior service to funds of funds, institutional investors, private portfolios and other qualified investors looking for a turnkey, economical solution for constructing alternative investment portfolios.
Anchor Point Capital
BlueCrest Capital
CQS
Integra
Ivy Asset Management
Millennium Global Asset Management
MKP Capital Management
Morgan Creek Capital Management
Specialists in European alternative investments for institutional investors Strathmore Capital LLP invests in European alternative investments on behalf of institutional investors. Based in London, we focus on the growing universe of hedge funds and niche investment strategies in Europe. Our highly skilled team of investment professionals draws on extensive experience, in-depth market knowledge and a broad network of market contacts in an unrelenting search for alpha. We target managers whose returns demonstrate persistent alpha and are independent of market factors. We search for investment opportunities across a wide spectrum of alternative strategies, from the conventional to the esoteric. We do not pay alpha fees for beta performance. We offer our clients a range of solutions including bespoke portfolio management on a managed account basis, providing a highly transparent investment process and reporting information tailored to their requirements. All of our processes and operations have been structured to meet the rigorous standards demanded by institutional investors.
Wood Creek Capital Management
Global ARC Boston 2008 Partners:
All of our processes and Eurekahedge is the world's largest independant data provider and research house dedicated to alternative investments. Maintaining coverage of over 17,000 funds across all strategies and asset classes, Eurekahedge is the most widely used and quoted alternative research house worldwide. Eurekahedge has produced a market-leading research data suite from which our hedge fund and Islamic fund indices are derived, an array of region-specific hedge fund, private equity fund, Islamic fund and real estate fund databases and directories, as well as a collection of educational guides for both funds and investors. Founded in 2001, Eurekahedge has offices in Hong Kong, London, New York and Singapore. For more information, please contact Alexander Mearns, Managing Director at alex@eurekahedge.com or +65 6212 0924. US toll free: 1 866 578 4852. UK toll free: 0800 404 8106. Please go to: http://www.eurekahedge.com/register.asp?promo_code=GEN-ARC

