Hedge Weekly N°36 - Wake2o Weekly N 36 Investment Funds Performance Review HSBC Alternative...

Hedge Weekly N°36Investment Funds Performance Review

HSBC Alternative Investment Group

Week of Monday 31 Aug to Friday 04 Sep 2015

Alternative Investment Products are:NOT A DEPOSIT OROTHER OBLIGATIONOF THE BANK ORANY OF ITSAFFILIATES

NOT FDIC INSURED NOT INSURED BYANY FEDERALGOVERNMENTAGENCY OF THEUNITED STATES

NOT GUARANTEEDBY THE BANK OR ANYOF ITS AFFILIATES

SUBJECT TOINVESTMENT RISK,INCLUDING POSSIBLELOSS OF PRINCIPALINVESTED

Index by Strategies 3

Index by Funds 4

Top/Bottom 20 9

Newsletter 12

About This Document 53

Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 2

Convertible ArbitrageConvertible 12

Credit Long/ShortCredit 13

DistressedDistressed Security 18

Equity Long/ShortEquity-Commodity 20Equity-Diversified 20Equity-Energy 27Equity-Financial 28Equity-Healthcare 28Equity-Mid-Small Cap 28Equity-Pharma-Biotech 29Equity-Real Estate 29Equity-Technology 29Equity-Utility 30

Event DrivenEquity-Diversified 31Merger-Arbitrage 31Multi-Strategy 31

Fixed Income ArbitrageFixed Income 33

Fund of FundsArbitrage 34Event Driven 34Macro 34Multi-Strategy 35Trading 35

Long OnlyEquity-Diversified 36

Macro

Commodity 37Commodity-Systematic 37Currency 37Diversified 38Fixed Income 41Systematic 41

Managed FuturesCurrency 42Systematic 44

Market NeutralDiscretionary 45Equity Diversified 46Multi-Strategy 46Statistical Arbitrage 47Systematic 47

Merger ArbitrageMerger-Arbitrage 48

Multi-StrategyCredit 49Diversified 49

Volatility ArbitrageArbitrage 52

Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 3Source - HSBC

4

400 CAPITAL CREDIT OPPORTUNITI 17

A

A.R.T. INTERNATIONAL INVESTOR 47

ABACO FINANCIALS FUND 27

ABSOLUTE INSIGHT CREDIT FUND B 13

ABSOLUTE INSIGHT EMERGING MARK 13

ABSOLUTE INSIGHT UK EQUITY MKT 45

ACUITY CORPORATE OPPORTUNITY F 17

ADELPHI EUR. FUND $ (A) 21

ADRIGO HEDGE 21

AG MORTGAGE VALUE PARTNERS LTD 14

AG SUPER FUND INTERNATIONAL, L 31

AHL EVOLUTION 42

AHL ALPHA 42

AHL DIMENSION 49

AHL DIVERSIFIED 42

AJR INTERNATIONAL (BVI), INC. 26

AKAMATSU FUND 25

ALCENTRA GLOBAL SPECIAL SITUAT 14

ALLBLUE LIMITED 49

ALLIANCE BERNSTEIN SELECT US E 26

ALPHA4X CAPITAL GROWTH FUND 38

ALPHADYNE INVESTMENT STRATEGIE 38

ALPHAGEN HOKUTO FUND LTD - CLA 25

ALPHAGEN JAPAN ABS RETURN FD, 25

ALPHAGEN OCTANIS CLASS A 26

ALPHAGEN VOLANTIS FUND, LTD - 28

ALTAI CAPITAL PARTNERS OFFSHOR 31

AMAZON MARKET NEUTRAL FUND CLA 45

ANAVON MASTER FUND LTD CLASS - 23

ANDALUSIAN CORPORATE OPPORTUNI 31

ANDURAND COMMODITIES FUND 37

ANTARES EUROPEAN FUND, LTD - U 21

APERIOS EMERGING CONNECTIVITY 21

AQUILUS INFLECTION FUND LTD E 21

ARISTEIA INTERNATIONAL LTD 14

ARROWGRASS MASTER FUND 49

ASCEND PARTNERS FUND II LTD - 26

ASGARD FIXED INCOME FUND LTD 14

ASPECT DIVERSIFIED FUND - CLAS 42

ATLAS ENHANCED FUND LTD 49

ATLAS FUNDAMENTAL TRADING FUND 23

ATLAS GLOBAL INVESTMENTS LTD U 50

ATREAUS OVERSEAS FUND LTD 38

AXONIC CREDIT OPPORTUNITIES OV 14

AXONIC SYSTEMATIC ARBITRAGE OV 33

B

BAF LATAM TRADE FINANCE FUND 13

BASSO INVESTORS LTD 12

BAY RESOURCES PARTNERS OFFSHOR 26

BCM WESTON LP (BILLINGS CAPITA 26

BEACH POINT TOTAL RETURN OFFSH 17

BEACONLIGHT OFFSHORE FUND LTD 23

BLACK DIAMOND RELATIVE VALUE L 45

BLACK DIAMOND, LTD - CLASS B ( 50

BLACKROCK EOS CLASS B USD COM 47

BLACKROCK MULTI-STRATEGY FUND 50

BLACKROCK 32 CAPITAL MASTER FU 47

BLACKROCK CAPITAL STRUCTURE IN 50

BLACKROCK EUROPEAN DIVERSIFIED 46

BLACKROCK FIXED INCOME GLOBAL 33

BLACKROCK OBSIDIAN FUND 33

BLACKROCK PAN ASIA OPPORTUNITI 46

BLACKROCK UK EQUITY HEDGE FUND 26

BLUEBAY CREDIT ALPHA LONG SHOR 14

BLUEBAY EMERGING MARKET CORPOR 13

BLUECREST CAPL INTL LTD A USD 50

BLUECREST EMERGING MARKETS FUN 38

BLUECREST EQUITY STRATEGIES FU 23

BLUECREST MULTI STRATEGY CREDI 14

BLUEMATRIX FUND CLASS -A- USD 47

BLUEMOUNTAIN CREDIT ALTERNATIV 14

BLUEMOUNTAIN EQUITY ALTERNATIV 52

BLUEMOUNTAIN LONG SHORT EQUITY 23

BLUETREND FUND, LTD -USD- CLAS 42

BNY MELLON ARX BRAZIL FUND SPC 20

BORONIA DIVERSIFIED FUND MASTE 42

BOUSSARD & GAVAUDAN HOLDING LT 50

BREVAN HOWARD ASIA FUND LIMITE 38

BREVAN HOWARD FUND, LTD - USD 39

BREVAN HOWARD M/S FUND, LTD – 50

BREVAN HOWARD SYSTEMATIC TRADI 42

BRIGADE LEVERAGED CAPITAL STRU 17

BROOKFIELD GLOBAL LISTED INFRA 23

BROOKFIELD WELLS STREET OFFSHO 29

BRUMMER MULTISTRATEGY 2XL, LTD 50

BTG PACTUAL GLOBAL EM. MKTS AN 39

C

CAIRN SPECIAL OPPORTUNITIES CR 13

CAMPBELL GLOBAL ASSETS FUND LT 42



CANDLEWOOD SPECIAL SITUATIONS 18

CANDLEWOOD STRUCTURED CREDIT F 15

CANDLEWOOD STRUCTURED CREDIT H 15

CANOSA GLOBAL MACRO FUND LTD 39

CANTAB CAPITAL PARTNERS QUANTI 42

CANYON BALANCED FUND LTD 49

CANYON VALUE REALIZATION FD, L 18

CAPEVIEW AZRI 2X FUND 21

CAPEVIEW AZRI FUND 21

CAPEVIEW RECOVERY FUND 13

CAPITAL FOUR CREDIT OPPORTUNIT 13

CAPULA GLOBAL RELATIVE VALUE F 33

CARLYLE LIQUID TACTICAL FUND 23

CARLYLE TREND FOLLOWING FUND 42

CASSIOPEIA FUND CLASS C 52

CAXTON GLOBAL INVESTMENT LTD 39

CCI HEALTHCARE PARTNERS LTD 28

CCI MICRO HEALTHCARE PARTNERS 28

CERBERUS INTL. LTD CLASS A A/ 18

CHENAVARI CORPORATE CREDIT STR 15

CHENAVARI MULTI STRATEGY CREDI 49

CHENAVARI REGULATORY CAPITAL S 13

CHENAVARI TORO LIMITED 13

CLAREANT STRUCTURED CREDIT OPP 15

CLAREANT STRUCTURED CREDIT OPP 15

COBALT OFFSHORE LTD 26

COHERENCE CAPITAL SPECTRUM FUN 15

COMMONWEALTH OPPORTUNITY CAYMA 39

CONQUEST MACRO FUND, LTD (COMP 42

CONTRARIAN CAPITAL FUND I OFFS 18


CONTRARIAN EMERGING MARKETS OF 13

COOPER CREEK PARTNERS LLC 29

COVALIS CAPITAL CLASS B 21

CQS ABS FEEDER FUND - CLASS -B 15

CQS DIRECTIONAL OPP. FEEDER FU 50

CQS DIVERSIFIED FUND (SPC) LTD 50

CRABEL FUND SPC LTD CLASS A 43

CYGNUS UTILITIES, INFRASTRUCTU 30

D

DAVIDSON KEMPNER DIST. OPP. IN 18

DAVIDSON KEMPNER INTL, LTD - C 31

DB PLATINUM IV DBX SYSTEMATIC 43

DIAMOND CAPITAL MANAGEMENT 34

DISCUS FEEDER LTD CL. B USD ST 43

DORSET ENERGY FUND, LTD - CLAS 27

DOUBLE BLACK DIAMOND LTD - SER 50

DROMEUS GLOBAL OPPORTUNITIES F 31

DUET GLOBAL PLUS FUND 24

DUNN WMA FUND, SA 43

DUNN WMA INSTITUTIONAL UCITS F 43

DW CATALYST OFFSHORE FUND -A - 15

DW VALUE OFFSHORE FUND LTD 15

DYMON ASIA MACRO FUND (SERIES 37

E

EAGLE DIRECTIONAL MACRO 41

EAGLE GLOBAL 43

EAGLE QUANTITATIVE MACRO 41

ECLECTICA FUND CLASS A EURO (T 39

ECOFIN VISTA LONG SHORT FUND 24

EDGESTREAM NIAS FUND 43

EIFFEL CREDIT OPPORTUNITIES FU 14

ELECTRON GLOBAL FUND, L.P. 30

ELEMENT CAPITAL FUND 39

ELLINGTON CREDIT OPPORTUNITIES 15

ELLINGTON MORTGAGE OPPORTUNITI 15

ELM RIDGE CAPITAL PARTNERS L.P 26

EPISODE INC. CLASS A 39

EQUILIBRIA JAPAN FUND LTD 1X U 45

EQUILIBRIA JAPAN FUND LTD 2X ( 45

EXANE ARCHIMEDES FUND CLASS A 29

EXANE TEMPLIERS FUND 24

F

FARRINGDON ALPHA ONE 24

FINISTERRE CREDIT FUND 13

FINISTERRE GLOBAL OPPORTUNITY 38

FINISTERRE SOVEREIGN DEBT FUND 38

FIREBIRD NEW RUSSIA FUND, LTD 26

FIREBIRD REPUBLICS FUND, LTD 21

FJ CAPITAL FINANCIAL OPPORTUNI 26

FORT GLOBAL DIVERSIFIED 43

FORTRESS MACRO FUND LTD. CLAS 39

G

GABELLI ASSOCIATES LIMITED 48

GAM DIVERSITY I INC - US$ CLAS 34

GAM DIVERSITY II INC - US$ CLA 34

GAM GLOBAL RATES HEDGE FUND 39

GAM TALENTUM ENHANCED EUROPE L 46

GAM TRADING II USD 34

GAMUT INVESTMENTS 39

GAVEA FUND LTD . CLASS A S/1 38

GEMS PROGR. FUND SICAV RECOVER 34

GLADE BROOK GLOBAL OFFSHORE FU 24

GLAZER ENHANCED OFFSHORE FUND 48

GLENVIEW CAPITAL PARTNERS (CAY 26

GLG CROSS ASSET VALUE OFFSHORE 14

GLG EUROPEAN EQUITY ALTERNATIV 46

GLG EUROPEAN LONG SHORT FUND C 22

GLG MARKET NEUTRAL FUND - CLAS 50

GOLDEN CHINA FUND NR CLASS 20

GRAHAM ABSOLUTE RETURN TRADING 39

GRAHAM GIF II PROPRIETARY MATR 43

GRAHAM GLOBAL INVESTMENT FUND 39




GRAHAM GLOBAL INVESTMENT FUND- 39

GRANADA EUROPE FUND LTD 22

GRATICULE ASIA MACRO FUND 38

GREEN FUND LLC GREEN CLASS 38

GREEN T G2 FUND 15

GREENLIGHT CAPITAL OFFSHORE, L 26

GREYWOLF CAPITAL OVERSEAS FUND 31

GSA INTERNATIONAL FUND - CLASS 47

H

HABROK LTD 24

HALCYON OFF. ASSET-BACKED VALU 19

HALCYON PARTNERS OFFSHORE FUND 50

HALKIN ACCURATE FX INCOME INDE 41

HARBOUR HOLDINGS LTD 29

HARMONIC ALPHA PLUS MACRO FUN 39

HARNESS MACRO CURRENCY FUND 37

HARVEY PARTNERS LLC 29

HIGHBRIDGE CAPITAL CORPORATION 50

HIGHER MOMENT AURORA FUND,LP 41

HORSEMAN GLOBAL FUND USD 24

HSBC CREDIT MARKET OPPORTUNITI 34

HSBC GH FUND USD 35

HSBC LEVERAGED GH FUND 35

HSBC MAA FUND USD 34

HSBC SPECIAL OPPORTUNITIES FUN 34

HSBC TRADING ADVANTEDGE FUND 35

HSBC UCITS ADVANTEDGE FUND -US 35

HUDSON BAY INTERNATIONAL FUND 46

HUTCHIN HILL DIVERSIFIED ALPHA 50

I

III FUND LTD 33

III RELATIVE VALUE CREDIT STRA 33

III SELECT CREDIT FUND LTD CLA 15

IP ALL SEASONS ASIAN CREDIT HE 13

ISAM SYSTEMATIC FUND CLASS A 43

IVORY CAPITAL FLAGSHIP STRATEG 26

IVORY OPTIMAL FUND LTD 27

J

JABCAP EMEA FUND CLASS X1 21

JABCAP GLOBAL BALANCED FUND LT 51

JABCAP GLOBAL CONVERTIBLE FUND 12

JABCAP MULTI STRATEGY FUND LTD 51

JENOP GLOBAL HEALTHCARE FUND L 28


JPMORGAN EUROPE DYNAMIC L/S FU 22

K

KEYNES LEVERAGED QUANTITATIVE 43

KG INVESTMENT FUND LLC 31

KING STREET CAPITAL, LTD 18

KING STREET EUROPE LTD CLASS A 18

KINGDON CREDIT LTD A1/1 15

KINSALE COMPASS FUND 24

KITE LAKE (KL) SPECIAL OPPORTU 32

KLS DIVERSIFIED FUND LTD 33

L

LANSDOWNE DEVELOPED MARKET FUN 24

LANSDOWNE EUROPEAN EQUITY FD, 22

LANSDOWNE GLOBAL FINANCIALS FU 28

LAZARD GLOBAL HEXAGON FUND 24

LAZARD RATHMORE FUND - CLASS A 12

LC EQUITY FUND LTD 22

LEGG MASON MARTIN CURRIE GF EU 22

LIGHTHORSE CHINA GROWTH FUND L 20

LIM ASIA MULTI-STRATEGY FUND C 46

LIM JAPAN FUND 51

LINDEN INTERNATIONAL LTD 51

LION FUND, LTD (THE) 48

LMR ALPHA RATES TRADING FUND, 33

LMR FUND LTD 51

LNG EUROPA CREDIT FUND 14

LONDON DIVERSIFIED FUND, LTD - 33

LONDON SELECT FUND LIMITED 39

LOOMIS SAYLES CREDIT LONG SHOR 15

LOREM IPSUM MASTER FUND LP 24

LUCERNE CAPITAL FUND L.P. 22

LUCIDUS LEVERAGED CREDIT FUND 15

LYNX (BERMUDA) LTD 43

LYNX BERMUDA 1.5 LTD 43

M

M. KINGDON OFFSHORE NV - A/1 24

MACQUARIE ASIAN ALPHA FUND 46

MACQUARIE EUROPEAN ALPHA FUND 46

MADRAGUE EQUITY LONG SHORT 22

MAN AHL CURRENCY FUND DN USD 42

MAN GLG MULTI-STRATEGY CLASS M 51

MAN GLG MULTI-STRATEGY FUND CL 51

MARATHON VERTEX JAPAN FD, LTD 25

MARCATO INTERNATIONAL LTD 31

MARINUS OPPORTUNITIES FUND 17

MARK PARTNERS LP 27

MARKHAM RAE I SUB FUND 41

MARLIN FUND LP 27

MARSHALL WACE - EUROPA FUND A 22

MARSHALL WACE - MW TOPS FUND 22

MARSHALL WACE - MW EUREKA A1 E 24

MARSHALL WACE - MW GLOBAL FINA 28

MARSHALL WACE - MW GLOBAL OPPO 24

MARSHALL WACE - MW MARKET NEUT 45

MARTIN CURRIE ARF - JAPAN FUND 25

MASTERS FUND LTD MAGNOLIA SERI 34

MAVERICK FUND, LTD - CLASS A/1 24

MELLON OFF GLOB OPP FUND LTD - 40

MERCHANT COMMODITY FUND (THE) 37

MERRICKS CAPITAL SOFT COMMODIT 37

MIDOCEAN ABSOLUTE RETURN CREDI 17

MIDOCEAN CREDIT OPPORTUNITY FU 17

MILLBURN COMMODITY PROGRAM 37

MILLBURN DIVERSIFIED PROGRAM 44

MILLENNIUM INTL LTD 51

MKP CREDIT OFFSHORE FUND 16

MKP ENHANCED OPPORTUNITY OFFSH 40

MKP OPPORTUNITY OFFSHORE, LTD 40

MLIS - BEACH POINT DIVERSIFIED 16

MLIS - CCI HEALTHCARE LONG SHO 28

MLIS - GRAHAM CAPITAL SYSTEMAT 44

MLIS - MARSHALL W. TOPS UCITS 45

MLIS - OZ EUROPE UCITS FUND CL 31

MLIS - THEOREMA EUROPEAN EQUIT 22

MLM MACRO PEAK PARTNERS OFFSH 40

MOJNA ALPHA LEVERAGED MASTER F 22

MOJNA ALPHA MASTER FUND - EUR 22

MONARCH DEBT RECOVERY FUND LTD 18

MONEDA LATIN AMERICAN CORPORAT 13

MOORE GLOBAL INV FD, LTD - A $ 40

MOORE MACRO MANAGERS FUND, LTD 40

MS ASCEND UCITS FUND CLASS I E 24

MUDRICK DISTRESSED OPPORTUNITY 18

N

NAPIER PARK EUROPEAN CREDIT OP 14

NEUBERGER BERMAN US LONG SHORT 27

NEVSKY FUND PLC (COMPOSITE) 25

NEZU CYCLICALS FUND LTD 20

NORDIC ALPHA CLASS B - NOK 22

NORTHLIGHT EUROPEAN FUNDAMENTA 14

O

OBSERVATORY CREDIT MARKETS FUN 14

OCCO EASTERN EUROPEAN FUND A S 21

OCEANIC HEDGE FUND - CLASS A 20

OCP DEBT OPPORTUNITY INTERNATI 17

OCTAGON HIGH INCOME FUND 17

OCTAGON PAN ASIA FUND 20

ODEY EUROPEAN, INC (EUR) 22

OKUMUS OPPORTUNISTIC VALUE FUN 27

OMEGA OVERSEAS PARTNERS, LTD 27

OMNI MACRO FUND I LIMITED 40

ONE WILLIAM STREET CAPITAL FUN 16

ONEWALL GLOBAL FUND 40

ONSLOW MACRO FUND CLASS A 40

ORTUS FUND (CAYMAN) LTD 42

OWL CREEK OVERSEAS FUND, LTD 32

OWS CREDIT OPPORTUNITY FUND 18

OYSTER MARKET NEUTRAL EUR 45

P

PALOMA INTERNATIONAL LTD CLASS 51

PALOMINO FUND LTD CLASS B ORIG 16

PAMPLONA CREDIT OPPORTUNITIES 14

PASSPORT GLOBAL STRATEGY FUND 25

PASSPORT LONG SHORT STRATEGY F 25

PASSPORT SPECIAL OPPORTUNITIES 25

PEGASUS FUND LIMITED SHARES A- 26

PELAGUS CAPITAL FUND 33

PELHAM LONG/SHORT FUND LTD CLA 22

PENSATO EUROPA FUND LTD EURO C 23


PERCEPTIVE LIFE SCIENCES OFFSH 29

PERSHING SQUARE INTL.LTD 32

PHALANX JAPAN AUSTRALASIA MULT 49

PHARO GAIA FUND, LTD 38

PHARO MACRO FUND, LTD 40

PHARO TRADING FUND, LTD 38

PIMCO ABSOLUTE RETURN STRATEGY 40

PIMCO GLOBAL CREDIT OPPORTUNIT 16

PIMCO MULTI-ASSET VOLATILITY F 52

PIMCO TACTICAL OPPORTUNITIES F 16

PINE RIVER ASIA FUND 12

PINE RIVER CHINA FUND 49

PINE RIVER CONVERTIBLES FUND 12

PINE RIVER CREDIT RELATIVE VAL 16

PINE RIVER FIXED INCOME FUND L 16

PINE RIVER FUND CLASS -B1- SHA 51

PINE RIVER LIQUID RATES FUND 33

PINPOINT CHINA FUND CLASS A US 20

PINPOINT MULTI-STRATEGY FUND 40

PLATINUM FUND LTD 25

PLATINUM PARTNERS VALUE ARBITR 51

POLAR CAPITAL EUROP CONVICTION 23

POLAR CAPITAL EUROPEAN FORAGER 28

PORTLAND HILL OVERSEAS FUND LT 31

POTOMAC RIVER CAPITAL MASTER F 40

PROLOGUE FEEDER FUND, LTD. CLA 33

PROSIRIS GLOBAL OPPORTUNITIES 16

PSAM REBOUND PORTFOLIO FUND LT 18

PSAM WORLDARB MASTER FUND LTD 32

PWP GLOBAL MACRO FUND 40

Q

QMS DIVERSIFIED GLOBAL MACRO 44

QUAM CHINA FOCUS SEGREGATED PO 20

QVT OFFSHORE LTD CLASS 1-NR 51

R

RAVEN ROCK CREDIT OFFSHORE FUN 17

RBR EUROPEAN LONG SHORT LTD (E 23

REAL RETURN ASIAN FUND LTD (TH 20

REDWOOD OFFSHORE FUND 19

RENAISSANCE INSTITUTIONAL DIVE 51

RENAISSANCE INSTITUTIONAL EQUI 27

RENAISSANCE INSTITUTIONAL FUTU 44

RESIDENTIAL REAL ESTATE TOTAL 16

ROY G. NIEDERHOFFER DIVERSIFIE 44

RP DEBT OPPORTUNITIES FUND 16

RP SELECT OPPORTUNITIES FUND 16

RUBICON GLOBAL FUND, LTD 40

RUSSIAN PROSPERITY FUND - A 36

RV CAPITAL ASIA OPPORTUNITY FU 38

RWC SAMSARA FUND CLASS A EURO 23

RWC US ABSOLUTE ALPHA FUND - C 27

S

SAB OVERSEAS FUND LTD 27

SABA CAPITAL OFFSHORE FUND LTD 16

SAGIL LATIN AMERICAN OPPORTUNI 21

SALAR CONVERTIBLE ABSOLUTE RET 12

SANCTUM FIXED INCOME FUND 33

SCHRODER CAZENOVE UK ABSOLUTE 45

SCHRODER ISF EMERGING MARKET D 13

SEER CAPITAL PARTNERS OFFSHORE 16

SEGANTII ASIA-PACIFIC EQUITY M 49

SELIGMAN TECH SPECTRUM FUND CL 30

SEMINOLE OFFSHORE FUND 27

SENVEST PARTNERS, LTD - CLASS 29

SFP VALUE REALIZATION FUND 25

SIERRA EUROPE OFFSHORE, LTD - 23

SILVER POINT CAPITAL OFFSHORE 18

SINFONIETTA FUND 38

SKYLINE UCITS FUND INSTITUTION 21

SMN DIVERSIFIED FUTURES FUND 44

SOLAISE SYSTEMATIC FUND LTD ( 44

SOLUS SOLA LTD CL. I 32

SOMERSET SPECIAL OPPORTUNITIES 32

SOUND POINT BEACON OFFSHORE FU 18

SPF CREDIT SUISSE SECURITIZED 16

SPINNAKER GLOB OPP FUND, LTD C 38

SPINNAKER GLOBAL EMERGING MARK 49

SR GLOBAL FUND (Class N) Emerg 21

SR GLOBAL FUND C - INTERNATION 25

SR GLOBAL FUND H - JAPAN (Real 25

SR GLOBAL FUND INC - G - GLOBA 21

SR PHOENICIA INC CLASS -A- SER 21

STANDARD PACIFIC CAPITAL -B- 25

STK CAPITAL GLOBAL EQUITIES 25

STONE LION FUND LTD CLASS A 18

STRATEGIC VALUE RESTRUCTURING 18

STRATUS FUND LIMITED CLASS B 51

SUSA EUROPEAN EQUITIES FUND CL 23

T

TELLIGENT GREATER CHINA FUND 20

TEWKSBURY INVESTMENT FUND, LTD 44

THE CAMBRIDGE STRATEGY - APOLL 38

THE CAMBRIDGE STRATEGY - ASIAN 37

THE CAMBRIDGE STRATEGY - EMERG 37

THREADNEEDLE UK ABSOLUTE ALPHA 26

TIG ARBITRAGE ENHANCED FUND 31

TIG SECURITIZED ASSET FUND LTD 16

TILDEN PARK OFFSHORE INVESTMEN 17

TONGA PARTNERS LP 29

TOSCA CLASS A - USD 28

TRADELINK INTEGRATED PROGRAM L 44

TRAXIS SIVIK GLOBAL HEALTHCARE 29

TREND MACRO OFFSHORE LTD 40

TRIAN PARTNERS LTD 32

TRICADIA CREDIT STRATEGIES, LT 17

TRISHIELD SPECIAL SITUATIONS F 32

TRISTAN PARTNERS LP 29

TT INTERNATIONAL FUND 40

TT LONG/SHORT FOCUS FUND 23

TT MID-CAP EUROPE LONG/SHORT F 23

TUDOR B.V.I GLOBAL FUND LTD -A 41

TUDOR BVI GLOBAL FUND LTD CLAS 41

TUDOR DISCRETIONARY MACRO FUND 41

TULIP TREND FUND, LTD - A 44

TWO SIGMA ABSOLUTE RETURN FUND 46

TWO SIGMA COMPASS CAYMAN FUND 44

TYRUS CAPITAL EVENT FUND LTD 32


U

UMJ KOTOSHIRO FUND 25

V

VARDEN PACIFIC OPPORTUNITY OFF 17

VISIUM BALANCED OFFSHORE FUND 29

VISIUM GLOBAL OFFSHORE FUND LT 51

VISIUM INSTITUTIONAL PARTNERS 28

VR GLOBAL OFFSHORE FUND LTD 19

W

WEISS MULTI-STRATEGY PARTNERS 51

WELLINGTON MANAGEMENT INV BERM 28

WELTON GLOBAL DIRECTIONAL PORT 44

WF ASIA FUND LTD S/1 20

WHITEBOX MULTI-STRATEGY FUND 32

WINTON EVOLUTION FUND (THE) 44

WINTON FUTURES FUND - CLASS B 44

WYETREE EUROPEAN RECOVERY FUND 14

WYETREE YIELD DISTRIBUTION FUN 17

Z

ZADIG FUND CLASS A1 23

ZEAL CHINA FUND LTD - USD -NI 20

ZWEIG-DIMENNA INTL LIMITED - C 27


TopInvestment Funds Return DatePERCEPTIVE LIFE SCIENCES OFFSH FUND, LTD 35.34 21 Aug 15

SEGANTII ASIA-PACIFIC EQUITY MULTI-STRATEGY FUND 32.19 28 Aug 15

PASSPORT SPECIAL OPPORTUNITIES FUND LTD CLASSAA

29.18 31 Jul 15

LUCERNE CAPITAL FUND L.P. 23.33 31 Jul 15

ALCENTRA GLOBAL SPECIAL SITUATIONS FUND 22.79 31 Jul 15

CONQUEST MACRO FUND, LTD (COMP) 22.23 02 Sep 15

MAVERICK FUND, LTD - CLASS A/1 20.52 31 Aug 15

HORSEMAN GLOBAL FUND USD 20.02 02 Sep 15

CCI MICRO HEALTHCARE PARTNERS LTD 19.32 31 Jul 15

ELEMENT CAPITAL FUND 18.54 31 Jul 15

WELLINGTON MANAGEMENT INV BERMUDA LTD BAYPOND A/1 NI

17.15 31 Jul 15

LANSDOWNE EUROPEAN EQUITY FD, LTD - A (EUR) 16.51 21 Aug 15

PELHAM LONG/SHORT FUND LTD CLASS A EUR 14.73 31 Jul 15

MARATHON VERTEX JAPAN FD, LTD CLASS B 14.73 21 Aug 15

TOSCA CLASS A - USD 14.64 31 Jul 15

PASSPORT GLOBAL STRATEGY FUND 14.57 31 Aug 15

SFP VALUE REALIZATION FUND 14.55 31 Aug 15

LIGHTHORSE CHINA GROWTH FUND LTD 14.26 31 Jul 15

PORTLAND HILL OVERSEAS FUND LTD 14.11 31 Aug 15

RUBICON GLOBAL FUND, LTD 13.96 31 Aug 15

BottomInvestment Funds Return DateDORSET ENERGY FUND, LTD - CLASS A -24.54 28 Aug 15

ELM RIDGE CAPITAL PARTNERS L.P. -18.04 31 Aug 15

TULIP TREND FUND, LTD - A -16.73 31 Aug 15

MUDRICK DISTRESSED OPPORTUNITY FUND LTD -15.87 31 Aug 15

THE CAMBRIDGE STRATEGY - APOLLO (EM MACRO)ABSOLUTE RETURN

-14.97 21 Aug 15

GREENLIGHT CAPITAL OFFSHORE, LTD - A/1 -14.13 31 Aug 15

FINISTERRE SOVEREIGN DEBT FUND -12.87 31 Jul 15

BROOKFIELD GLOBAL LISTED INFRASTRUCTURE SEC.OFFSHORE FUND

-11.60 31 Aug 15

LYNX BERMUDA 1.5 LTD -11.22 01 Sep 15

SAB OVERSEAS FUND LTD -10.45 31 Aug 15

CANTAB CAPITAL PARTNERS QUANTITATIVE FUND(THE) - USD ARISTARCHUS

-10.45 31 Aug 15

MERCHANT COMMODITY FUND (THE) - COMPOSITE -10.29 31 Aug 15

DROMEUS GLOBAL OPPORTUNITIES FUND -9.67 31 Jul 15

FORTRESS MACRO FUND LTD. CLASS A -9.41 31 Jul 15

SAGIL LATIN AMERICAN OPPORTUNITIES FUND CLASSA

-9.34 31 Jul 15

DYMON ASIA MACRO FUND (SERIES A) -9.26 31 Aug 15

TRISHIELD SPECIAL SITUATIONS FUND LLC -8.89 31 Jul 15

BROOKFIELD WELLS STREET OFFSHORE LTD -8.51 31 Jul 15

SKYLINE UCITS FUND INSTITUTIONAL SHARE CLASS(MontLake)

-8.33 31 Aug 15

MARCATO INTERNATIONAL LTD -8.23 31 Aug 15

This ranking is for information only and should not be considered as exhaustive.


TopInvestment Funds Return DateISAM SYSTEMATIC FUND CLASS A 62.39 31 Dec 14

MERCHANT COMMODITY FUND (THE) - COMPOSITE 59.33 31 Dec 14

MAN AHL CURRENCY FUND DN USD 58.05 31 Dec 14

SMN DIVERSIFIED FUTURES FUND 57.24 31 Dec 14

LYNX BERMUDA 1.5 LTD 42.18 31 Dec 14

CANTAB CAPITAL PARTNERS QUANTITATIVE FUND(THE) - USD ARISTARCHUS

39.31 31 Dec 14

ANDURAND COMMODITIES FUND 38.31 31 Dec 14

PERSHING SQUARE INTL.LTD 37.24 31 Dec 14

TULIP TREND FUND, LTD - A 36.15 31 Dec 14

CARLYLE TREND FOLLOWING FUND 35.55 31 Dec 14

DUNN WMA FUND, SA 35.08 31 Dec 14

SEGANTII ASIA-PACIFIC EQUITY MULTI-STRATEGY FUND 34.88 31 Dec 14

WELTON GLOBAL DIRECTIONAL PORTFOLIO 34.01 31 Dec 14

AHL DIVERSIFIED 33.79 31 Dec 14

ASPECT DIVERSIFIED FUND - CLASS A 32.05 31 Dec 14

OKUMUS OPPORTUNISTIC VALUE FUND, LTD CLASS C 31.21 31 Dec 14

GOLDEN CHINA FUND NR CLASS 30.02 31 Dec 14

SELIGMAN TECH SPECTRUM FUND CLASS -A1-S/2-2002 30.00 31 Dec 14

PINE RIVER CHINA FUND 29.88 31 Dec 14

MILLBURN COMMODITY PROGRAM 28.09 31 Dec 14

BottomInvestment Funds Return DateRUSSIAN PROSPERITY FUND - A -43.99 31 Dec 14

FIREBIRD NEW RUSSIA FUND, LTD - CLASS A -34.59 31 Dec 14

DORSET ENERGY FUND, LTD - CLASS A -27.20 31 Dec 14

PEGASUS FUND LIMITED SHARES A-1 -15.72 31 Dec 14

PHALANX JAPAN AUSTRALASIA MULTI-STRATEGY FUNDLTD

-12.87 31 Dec 14

LANSDOWNE GLOBAL FINANCIALS FUND LTD. -N-USD -12.32 31 Dec 14

ABACO FINANCIALS FUND -11.47 31 Dec 14

SABA CAPITAL OFFSHORE FUND LTD -10.80 31 Dec 14

SKYLINE UCITS FUND INSTITUTIONAL SHARE CLASS(MontLake)

-10.63 31 Dec 14

LNG EUROPA CREDIT FUND -10.36 31 Dec 14

TT INTERNATIONAL FUND -8.57 31 Dec 14

LION FUND, LTD (THE) -8.29 31 Dec 14

QUAM CHINA FOCUS SEGREGATED PORTFOLIO -8.20 31 Dec 14

OWL CREEK OVERSEAS FUND, LTD -8.00 31 Dec 14

ONSLOW MACRO FUND CLASS A -7.94 31 Dec 14

GLG MARKET NEUTRAL FUND - CLASS Z USD Unres -7.43 31 Dec 14

RAVEN ROCK CREDIT OFFSHORE FUND LTD -7.41 31 Dec 14

SOMERSET SPECIAL OPPORTUNITIES FUND LP -7.02 31 Dec 14

CANOSA GLOBAL MACRO FUND LTD -6.96 31 Dec 14

AJR INTERNATIONAL (BVI), INC. - A/1 -6.92 31 Dec 14



TopInvestment Funds Return DateSFP VALUE REALIZATION FUND 82.12 31 Dec 13

SENVEST PARTNERS, LTD - CLASS A 79.44 31 Dec 13

MARLIN FUND LP 77.47 31 Dec 13

PEGASUS FUND LIMITED SHARES A-1 63.74 31 Dec 13

SR GLOBAL FUND H - JAPAN (Real Perf) 62.51 31 Dec 13

QUAM CHINA FOCUS SEGREGATED PORTFOLIO 61.80 31 Dec 13

CCI MICRO HEALTHCARE PARTNERS LTD 59.69 31 Dec 13

ALTAI CAPITAL PARTNERS OFFSHORE, LTD 52.07 31 Dec 13

BCM WESTON LP (BILLINGS CAPITAL MANAGEMENT) 50.32 31 Dec 13

OWL CREEK OVERSEAS FUND, LTD 48.63 31 Dec 13

CLAREANT STRUCTURED CREDIT OPPORTUNITIESFUND II

48.08 31 Dec 13

JABCAP GLOBAL BALANCED FUND LTD CLASS D/1 NI 47.80 31 Dec 13

PASSPORT SPECIAL OPPORTUNITIES FUND LTD CLASSAA

45.50 31 Dec 13

PERCEPTIVE LIFE SCIENCES OFFSH FUND, LTD 43.88 31 Dec 13

JABCAP MULTI STRATEGY FUND LTD CLASS D/1 NI 43.03 31 Dec 13

GLENVIEW CAPITAL PARTNERS (CAYMAN), LTD. 42.90 31 Dec 13

PALOMINO FUND LTD CLASS B ORIGINAL SERIES 42.36 31 Dec 13

ANDALUSIAN CORPORATE OPPORTUNITIES FUND LP 41.15 31 Dec 13

TRIAN PARTNERS LTD 40.06 31 Dec 13

TRISTAN PARTNERS LP 38.52 31 Dec 13

BottomInvestment Funds Return DateCANTAB CAPITAL PARTNERS QUANTITATIVE FUND(THE) - USD ARISTARCHUS

-27.65 31 Dec 13

ORTUS FUND (CAYMAN) LTD -17.32 31 Dec 13

EAGLE GLOBAL -15.88 31 Dec 13

BLUETREND FUND, LTD -USD- CLASS A -11.50 31 Dec 13

MAN AHL CURRENCY FUND DN USD -11.24 31 Dec 13

ISAM SYSTEMATIC FUND CLASS A -10.66 31 Dec 13

DISCUS FEEDER LTD CL. B USD STANDARD LEVERAGE -10.32 31 Dec 13

EAGLE QUANTITATIVE MACRO -10.32 31 Dec 13

EAGLE DIRECTIONAL MACRO -9.64 31 Dec 13

HSBC TRADING ADVANTEDGE FUND -8.75 31 Dec 13

HARMONIC ALPHA PLUS MACRO FUND - USD CLASS -8.34 31 Dec 13

MILLBURN COMMODITY PROGRAM -7.65 31 Dec 13

ALPHA4X CAPITAL GROWTH FUND -7.33 31 Dec 13

BLUEBAY EMERGING MARKET CORPORATE ALPHAFUND

-7.21 31 Dec 13

MARKHAM RAE I SUB FUND -6.81 31 Dec 13

SABA CAPITAL OFFSHORE FUND LTD -6.76 31 Dec 13

CONQUEST MACRO FUND, LTD (COMP) -6.62 31 Dec 13

PIMCO MULTI-ASSET VOLATILITY FUND LTD -6.17 31 Dec 13

MILLBURN DIVERSIFIED PROGRAM -6.02 31 Dec 13

SMN DIVERSIFIED FUTURES FUND -5.95 31 Dec 13



InceptionDates

Liquidity AssetSize

Last NAV orIndex

Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1

ConvertibleYtd Avg. 2015 0.96%

Convertible/AsiaYtd Avg. 2015

(1.01%)

PINE RIVER ASIA FUNDNikhil Mankodi, Matthew Macpherson

30 Jun 04 Q $124MAug 15

1,853.82 31 Aug15

1.27% (1.01%) 13.85% 5.98% 8.08% 5.68% 10.67% (37.86%)Jan 08 - Dec 08

Convertible/GlobalYtd Avg. 2015

1.55%

BASSO INVESTORS LTDHoward Fischer

30 Sep 95 Q $528MAug 15

7,355.34 28 Aug15

(0.41%) 1.97% 1.95% 11.45% 9.5% 10.53% 5.79% (25.00%)Dec 07 - Oct 08

JABCAP GLOBAL CONVERTIBLE FUND - D1UnrestrictedPhilippe Jabre

30 Apr 07 W $329MAug 15

201.86 31 Aug15

(3.94%) 0.36% 4.13% 27.14% 5.37% 8.78% 12.18% (28.61%)May 08 - Nov 08

LAZARD RATHMORE FUND - CLASS A-2Sean Reynolds, Christopher Sferruzzo

31 May 07 Q/M $845MJun 15

211.41 31 Aug15

(1.38%) 1.19% -1.69% 10.45% 4.59% 9.49% 8.06% (16.23%)Aug 08 - Nov 08

SALAR CONVERTIBLE ABSOLUTE RETURN FUNDAlex Warren, David Persaud

31 Aug 10 W $230MApr 15

121.08 31 Aug15

(1.97%) 2.69% 0.71% 10.34% 6.42% 3.90% 3.50% (4.00%)May 15 - Aug 15

Convertible/USAYtd Avg. 2015

0.53%

PINE RIVER CONVERTIBLES FUNDFranklin Parlamis

31 Jul 09 Q $238MAug 15

198.45 31 Aug15

(1.60%) 0.53% 0.41% 19.34% 7.6% 11.92% 6.76% (5.99%)Sep 14 - Jan 15

1. Max Drawdown: Peak to trough.


InceptionDates

Liquidity AssetSize

Last NAV orIndex


CreditYtd Avg. 2015 2.83%

Credit/EmergingYtd Avg. 2015

1.30%

ABSOLUTE INSIGHT EMERGING MARKET DEBT FUNDCLASS B1PColm McDonagh

30 Apr 08 D €1'287MJul 15

1.44 01 Sep15

(0.06%) (1.64%) 2.42% -0.65% 11.73% 5.11% 7.01% (15.32%)May 08 - Oct 08

BAF LATAM TRADE FINANCE FUNDErnesto Lienhard & team.

29 Feb 08 M $700MJul 15

1,904.87 31 Jul 15 0.61% 4.43% 7.76% 8.09% 8.71% 9.07% 0.50% 0.00%Jan 00 - Jan 00

BLUEBAY EMERGING MARKET CORPORATE ALPHAFUNDPolina Kurdyavko and Anthony Kettle

31 Oct 11 M $54MJul 15

110.17 28 Aug15

(2.22%) 0.80% 11.29% -7.21% 12.29% 4.75% 6.49% (12.25%)Feb 13 - Sep 13

CONTRARIAN EMERGING MARKETS OFF FUND LTDXiao Song

31 Dec 05 Q $371MJul 15

340.38 31 Aug15

0.77% 9.75% -1.98% 14.61% 23.2% 13.50% 13.57% (28.43%)Feb 08 - Oct 08

FINISTERRE CREDIT FUNDRafaël Biosse Duplan

31 Jan 06 M $633MJun 15

214.22 31 Jul 15 (0.49%) 1.65% 2.62% 4.78% 18% 8.35% 11.33% (33.64%)Jun 08 - Dec 08

IP ALL SEASONS ASIAN CREDIT HEDGE FUNDEmil NGUY

31 Jan 02 W $230MApr 15

22.78 26 Aug15

(5.29%) (1.92%) 4.94% 2.2% 18.68% 6.25% 9.06% (38.05%)Feb 08 - Mar 09

MONEDA LATIN AMERICAN CORPORATE DEBT FUND-A-Fernando Tisné and Javier Montero

30 Sep 07 Q $232MJul 15

1,892.46 01 Sep15

(0.04%) 0.88% 3.36% 8.67% 11.48% 8.38% 13.38% (32.05%)Aug 08 - Dec 08

SCHRODER ISF EMERGING MARKET DEBT A/R -IACC-Geoffrey Blanning

31 Jan 02 D $4'150MMay 15

33.08 02 Sep15

(0.21%) (3.53%) 0.62% 0.8% 5.36% 7.00% 5.23% (9.31%)Mar 08 - Oct 08

Credit/EuropeYtd Avg. 2015

3.22%

ABSOLUTE INSIGHT CREDIT FUND B1P2 EUROAlex Veroude

30 Sep 11 W €909MJul 15

1.27 02 Sep15

0.18% 0.50% 2.21% 7.38% 12.65% 6.38% 4.24% (3.13%)Jul 14 - Jan 15

CAIRN SPECIAL OPPORTUNITIES CREDIT FUNDCairn Capital Limited

31 Dec 07 Q €113MJul 15

184.38 31 Jul 15 0.15% (0.87%) 2.3% 8.54% 19.95% 8.40% 7.49% (13.94%)Jun 11 - Nov 11

CAPEVIEW RECOVERY FUNDTheo Phanos

30 Jun 03 Q $422MMay 15

350.18 21 Aug15

1.82% 4.75% 3.19% 18.23% 8.41% 10.86% 8.57% (30.45%)Oct 07 - Dec 08

CAPITAL FOUR CREDIT OPPORTUNITIES FUNDCapital Four Management Team

31 Dec 09 M €48MFeb 15

148.66 31 Jul 15 0.56% 1.06% 11.37% 16.31% 17.68% 15.36% 7.21% (6.46%)May 11 - Nov 11

CHENAVARI REGULATORY CAPITAL STRATEGY - DR€Chenavari Investment Managers

31 Mar 11 Q $222MMay 15

177.87 31 Jul 15 0.49% 6.68% 8.84% 15.19% 36.91% 14.20% 4.96% (4.65%)Jul 11 - Sep 11

CHENAVARI TORO LIMITEDChenavari Investment Managers

31 May 09 M €330MJul 15

1,064.30 31 Jul 15 0.45% 13.17% 24.82% 32.93% 32.42% 46.71% 11.51% (5.11%)Jul 11 - Oct 11



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.22%

EIFFEL CREDIT OPPORTUNITIES FUND CLASS AEmmanuel Weyd, Eiffel Investment Group

30 Nov 11 M €130MJul 15

1,412.44 31 Aug15

(1.90%) 1.05% 4.53% 8.11% 20.07% 9.64% 6.07% (4.47%)Apr 12 - Jun 12

GLG CROSS ASSET VALUE OFFSHORE FUND Class AUSD UnresChris Huggins

30 Nov 12 M $275MJul 15

1,213.96 28 Aug15

0.23% 3.28% 4.68% 11.5% 0.71% 7.32% 3.56% (3.53%)Jun 14 - Sep 14

LNG EUROPA CREDIT FUNDLNG Capital LLP

31 Mar 11 M $151MJul 15

1,225.23 31 Jul 15 0.79% 7.49% -10.36% 16.1% 19.58% 4.96% 8.74% (12.90%)Jun 14 - Dec 14

NAPIER PARK EUROPEAN CREDIT OPPORTUNITIESFUND LTDNapier Park Global Capital (US) LP

31 Aug 10 Q €362MMay 15

251.90 31 Jul 15 1.14% 5.84% 8.89% 31.11% 55.73% 20.67% 9.26% (14.95%)May 11 - Dec 11

NORTHLIGHT EUROPEAN FUNDAMENTAL CREDITFUNDNORTHLIGHT GROUP LLP

30 Nov 09 M $200MAug 15

1,506.15 28 Aug15

0.73% 5.01% 5.91% 12.51% 6.31% 7.39% 2.39% (1.28%)Apr 12 - Jun 12

OBSERVATORY CREDIT MARKETS FUND (THE)Shazad Ghaffar

30 Jun 04 M $1'099MJul 15

319.92 31 Jul 15 0.81% 2.04% 3.31% 7.25% 13.46% 11.06% 6.26% (12.74%)Jul 07 - Jul 08

PAMPLONA CREDIT OPPORTUNITIES FUNDYves Leysen

31 Aug 08 M €432MJul 15

196.28 21 Aug15

(2.75%) (2.48%) 6.55% 12.68% 19.87% 10.15% 7.23% (17.90%)Apr 11 - Dec 11

WYETREE EUROPEAN RECOVERY FUND (WERF)WyeTree Asset Management

31 Aug 13 M €72MJul 15

117.24 31 Jul 15 (0.90%) (2.51%) 16.86% 2.91% 8.66% 5.00% (4.15%)Mar 15 - Jul 15

Credit/GlobalYtd Avg. 2015

3.21%

AG MORTGAGE VALUE PARTNERS LTDJonathan Lieberman

30 Apr 09 Q $1'486MJul 15

261.40 31 Jul 15 0.10% 4.58% 10.07% 12.91% 20.59% 16.61% 4.04% (1.66%)May 13 - Jun 13

ALCENTRA GLOBAL SPECIAL SITUATIONS FUNDAlcentra Ltd / David Forbes-Nixon

31 Oct 07 Q €141MJul 15

169.06 31 Jul 15 6.49% 22.79% -1.88% 12% 16.64% 7.01% 15.39% (48.74%)Oct 07 - Dec 08

ARISTEIA INTERNATIONAL LTDAnthony M. Frascella, William R. Techar

01 Aug 97 Q $2'362MJun 15

865.35 31 Aug15

0.03% (3.07%) -3.13% 15.67% 11.2% 12.67% 8.86% (30.20%)May 08 - Dec 08

ASGARD FIXED INCOME FUND LTDMorten Mathiesen

30 Jun 03 M €270MMay 15

503.43 28 Aug15

0.59% 8.37% 10.6% 16.02% 34.12% 14.20% 6.65% (10.40%)Aug 08 - Oct 08

AXONIC CREDIT OPPORTUNITIES OVERSEASFUND,LTDClayton DeGiacinto

31 Dec 10 Q $1'109MJul 15

170.40 31 Jul 15 (0.10%) 2.90% 10.87% 12.1% 25.69% 12.33% 3.92% (3.35%)Jul 11 - Oct 11

BLUEBAY CREDIT ALPHA LONG SHORT FUNDGeraud Charpin

31 Oct 11 M €239MJul 15

135.84 28 Aug15

0.10% 3.63% 0.92% 11.78% 26.2% 10.78% 4.76% (3.07%)Mar 14 - Oct 14

BLUECREST MULTI STRATEGY CREDIT FUNDBlueCrest Capital Management

31 Oct 07 Q $1'816MJun 15

178.36 31 Jul 15 0.12% 4.02% 6.44% 8.99% 7.23% 7.75% 5.69% (7.59%)Apr 11 - Jan 12

BLUEMOUNTAIN CREDIT ALTERNATIVES FUNDBlueMountain Capital Management

31 Oct 03 Q $8'000MJul 15

276.43 28 Aug15

0.52% 4.93% 2.67% 7.87% 14.51% 8.97% 5.86% (11.82%)Aug 08 - Dec 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.21%

CANDLEWOOD STRUCTURED CREDIT FUND LTDGreg Richter and Brian Herr

31 Dec 10 M $394MJul 15

189.73 31 Jul 15 (0.50%) 1.81% 10.57% 12% 20.12% 14.99% 3.52% (1.55%)May 13 - Jun 13

CANDLEWOOD STRUCTURED CREDIT HARVEST FDLTDGreg Richter and Brian Herr

31 Jul 12 Q $508MJul 15

148.47 31 Jul 15 (0.30%) 3.34% 13.78% 14.05% 10.71% 14.08% 3.47% (2.20%)May 13 - Jun 13

CHENAVARI CORPORATE CREDIT STRATEGY M1Chenavari Investment Managers

30 Sep 08 M $386MMay 15

152.73 31 Jul 15 (0.25%) 1.54% 3.94% 13.84% 17.22% 11.61% 5.31% (6.82%)Apr 11 - Aug 11

CLAREANT STRUCTURED CREDIT OPPORTUNITIESFUNDAlcentra Ltd / Hiram Hamilton

31 Aug 09 Q €209MJul 15

558.77 31 Jul 15 0.60% 4.24% 7.28% 29.09% 44.15% 33.74% 17.63% (15.92%)May 11 - Nov 11

CLAREANT STRUCTURED CREDIT OPPORTUNITIESFUND IIAlcentra Ltd / Hiram Hamilton

31 Jan 11 Q €275MJun 15

299.32 31 Jul 15 1.07% 5.85% 5.51% 48.08% 50.97% 27.60% 12.77% (8.17%)May 11 - Sep 11

COHERENCE CAPITAL SPECTRUM FUND OFFSHOREFUNDCoherence Capital Partners LLC

31 Jul 12 Q $97MJul 15

14.34 31 Aug15

0.86% 2.66% 2.83% 18.98% 14.17% 12.39% 4.50% (2.98%)Jun 14 - Oct 14

CQS ABS FEEDER FUND - CLASS -B1- USDSimon Finch

30 Sep 06 Q $1'898MJul 15

5,523.91 31 Jul 15 0.04% 1.31% 8.02% 9.7% 16.85% 21.33% 10.87% (3.86%)Apr 07 - Jun 07

DW CATALYST OFFSHORE FUND -A - USD NIDW Partners, LP

31 Jul 09 Q $4'400MApr 15

184.45 31 Jul 15 (2.40%) (0.97%) 5.8% 13.91% 15.34% 10.74% 4.33% (5.05%)May 11 - Dec 11

DW VALUE OFFSHORE FUND LTDDW Partners, LP

29 Feb 12 HY $910MApr 15

158.95 31 Jul 15 (0.44%) (0.11%) 8.1% 23.7% 19.01% 14.51% 5.26% (2.26%)Apr 15 - Jul 15

ELLINGTON CREDIT OPPORTUNITIES FUND LTDEllington Management Group, LLC

30 Apr 08 Q $614MJul 15

282.80 31 Jul 15 0.31% 4.07% 7.89% 15.28% 27.73% 15.41% 5.55% (1.84%)Apr 11 - Jul 11

ELLINGTON MORTGAGE OPPORTUNITIES MASTERFUND LTDEllington Management Group, LLC

31 Jan 09 Q $344MJul 15

266.07 31 Jul 15 0.27% 2.20% 7.25% 9.64% 13.29% 16.25% 3.90% (0.58%)Mar 13 - Apr 13

GREEN T G2 FUNDDarryl Green, Geoffrey Sherry

28 Feb 99 Q $472MJul 15

195.93 31 Aug15

0.37% (0.24%) -0.08% 2.66% 2.76% 5.91% 3.49% (4.26%)Dec 03 - Jul 04

III SELECT CREDIT FUND LTD CLASS -A-Lester Coyle

31 Dec 07 Q $256MJun 15

1,949.46 21 Aug15

(0.93%) (1.73%) 6.02% 8.56% 11.95% 9.26% 6.20% (8.44%)Aug 08 - Nov 08

KINGDON CREDIT LTD A1/1Michael Pohly

30 Sep 09 Q $386MJul 15

1,668.68 31 Aug15

(2.86%) 1.85% 3.42% 15.67% 8.3% 9.16% 5.21% (6.34%)May 11 - Sep 11

LOOMIS SAYLES CREDIT LONG SHORT FUNDKevin Kearns and Tom Stolberg

31 Aug 07 Q $772MJul 15

181.18 31 Aug15

(0.46%) 4.48% -1.35% 4.76% 12.48% 7.71% 6.21% (9.90%)Jun 08 - Sep 08

LUCIDUS LEVERAGED CREDIT FUNDDarryl Green, Geoffrey Sherry

28 Feb 11 Q $508MJul 15

111.13 31 Aug15

1.03% (0.26%) -0.21% 5.01% 5.23% 2.37% 3.54% (3.88%)Feb 15 - Jun 15



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.21%

MKP CREDIT OFFSHORE FUNDMKP Capital Management, L.L.C.

28 Feb 99 Q $2'263MJun 15

551.04 31 Aug15

(1.78%) 0.45% 5.39% 11.22% 19.59% 10.89% 5.37% (8.94%)Feb 11 - Oct 11

MLIS - BEACH POINT DIVERSIFIED CREDIT UCITSFUND CLASS B USDCarl Goldsmith and Scott Klein

31 Mar 13 W $201MJul 15

106.72 01 Sep15

(0.49%) 0.20% -2.52% 9.26% 2.72% 4.56% (5.75%)Jun 14 - Jan 15

ONE WILLIAM STREET CAPITAL FUNDOWS Capital Management

31 Mar 08 Q/Y $1'045MJun 15

2,011.44 31 Jul 15 0.30% 3.33% 10.05% 5.75% 18.98% 9.99% 5.41% (8.43%)Feb 11 - Nov 11

PALOMINO FUND LTD CLASS B ORIGINAL SERIESDavid Tepper

31 Dec 94 Y $8'109MJul 15

10,749.67 31 Jul 15 (0.60%) 12.90% 2.28% 42.36% 29.29% 25.50% 19.58% (49.05%)Feb 98 - Sep 98

PIMCO GLOBAL CREDIT OPPORTUNITY FUNDSERIES 1Dan Ivascyn / Jon Horne

30 Jun 06 Q $2'462MJul 15

189.38 31 Jul 15 0.44% 6.47% 4.34% 7.45% 15.18% 7.28% 4.84% (12.86%)Jun 07 - Nov 08

PIMCO TACTICAL OPPORTUNITIES FUNDPIMCO LLC - Dan Ivascyn / Josh Anderson / AlfredMurata

31 Jan 13 HY $668MJul 15

130.52 31 Jul 15 0.09% 5.74% 7.56% 14.76% 11.26% 4.34% (1.88%)May 13 - Jun 13

PINE RIVER CREDIT RELATIVE VALUE FUNDMike O'Connell, Abhishek Bhutra

31 Dec 06 Q $140MAug 15

188.31 31 Aug15

(4.73%) (5.55%) -5.43% 12.84% 14.26% 7.57% 8.35% (14.60%)May 14 - Aug 15

PINE RIVER FIXED INCOME FUND LTDSteve Kuhn, Colin Teichholtz, Brendan McAllister, JiayiChen

31 Aug 08 Q $2'971MAug 15

507.84 31 Aug15

(0.55%) 0.06% 6.13% 10.18% 34.85% 26.12% 9.27% (8.83%)Jul 11 - Oct 11

PROSIRIS GLOBAL OPPORTUNITIES FUNDReza Ali

30 Jun 11 Q $1'175MMay 15

172.53 31 Jul 15 (0.65%) (0.03%) 7.02% 16.35% 22.49% 14.27% 4.25% (1.49%)Oct 14 - Feb 15

RESIDENTIAL REAL ESTATE TOTAL RETURN OPP.FUND (RRETRO FUND)WyeTree Asset Management

30 Nov 08 Q $172MJul 15

217.96 31 Jul 15 (0.60%) 1.19% 12.66% 17.56% 24.07% 12.39% 6.04% (14.92%)Feb 11 - Dec 11

RP DEBT OPPORTUNITIES FUNDRP Investment Advisors

30 Sep 09 M $866MJul 15

182.40 31 Jul 15 0.29% 3.52% 5.07% 10.35% 14.9% 10.85% 3.41% (1.80%)Jul 11 - Sep 11

RP SELECT OPPORTUNITIES FUNDRP Investment Advisors

31 Mar 14 M $160MJul 15

107.67 31 Jul 15 0.81% 5.02% 2.52% 5.70% 2.85% (1.40%)May 14 - Oct 14

SABA CAPITAL OFFSHORE FUND LTDBoaz Weinstein

31 Jul 09 Q $1'553MJun 15

108.46 21 Aug15

0.42% 3.69% -10.8% -6.76% -3.87% 1.35% 7.37% (28.08%)Jun 12 - Mar 15

SEER CAPITAL PARTNERS OFFSHORE FUND LTDPhil Weingord, Richard d'Albert, Seer Capital

30 Apr 09 Q $1'710MMar 15

227.09 14 Aug15

0.15% 4.11% 5.41% 12.13% 25.85% 13.92% 4.95% (7.47%)May 11 - Nov 11

SPF CREDIT SUISSE SECURITIZED PRODUCTSMASTER FUND LTDAlbert Sohn

31 Dec 11 Q $2'639MJun 15

158.31 31 Jul 15 0.56% 4.40% 10.31% 18.04% 16.46% 13.68% 2.91% (0.57%)May 13 - Jun 13

TIG SECURITIZED ASSET FUND LTDStuart Lippman, David Liu

30 Sep 12 M $834MJun 15

153.80 31 Jul 15 0.28% 5.61% 15.17% 20.05% 5.33% 16.41% 2.61% (0.11%)May 13 - Jun 13



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.21%

TRICADIA CREDIT STRATEGIES, LTDArif Inayatullah & Michael Barnes

31 Mar 05 Q $1'798MApr 15

363.00 14 Aug15

(0.28%) 1.17% 3.94% 10.57% 12.73% 13.23% 7.02% (10.77%)Jun 08 - Nov 08

VARDEN PACIFIC OPPORTUNITY OFFSHORE FUND ILTDVarden Pacific LLC

31 Mar 11 Q $350MJul 15

143.02 31 Jul 15 (1.05%) 4.22% 9.15% 15.14% 28.54% 8.60% 11.49% (18.02%)Mar 11 - Sep 11

Credit/USAYtd Avg. 2015

2.06%

400 CAPITAL CREDIT OPPORTUNITIESChris Hentemann

31 Jan 09 Q $1'267MJun 15

292.04 31 Jul 15 (0.20%) 2.82% 12.35% 15.24% 34.21% 17.93% 5.71% (2.91%)May 11 - Oct 11

ACUITY CORPORATE OPPORTUNITY FUND LTDJohn Harnisch

31 Dec 09 M $200MJun 15

154.28 31 Aug15

(3.26%) 0.24% 1.31% 8.61% 11.14% 7.95% 4.66% (4.73%)May 15 - Aug 15

BEACH POINT TOTAL RETURN OFFSHORE FUND II,LTDCarl Goldsmith, Scott Klein,

30 Jun 96 Q $2'300MJun 15

642.87 31 Jul 15 (0.74%) 2.92% -0.67% 12.61% 13.86% 10.23% 7.92% (24.04%)Oct 07 - Dec 08

BRIGADE LEVERAGED CAPITAL STRUCTURES FUNDLTDDon Morgan

31 Dec 06 Q $3'168MJul 15

158.73 28 Aug15

(1.91%) (0.20%) 0.22% 5.96% 6.7% 5.48% 6.33% (19.42%)Jun 08 - Dec 08

MARINUS OPPORTUNITIES FUNDNajib Canaan

31 Mar 12 Q $345MJul 15

124.15 31 Jul 15 0.10% 1.72% 3.08% 6.11% 11.59% 6.70% 2.36% (1.60%)Sep 14 - Nov 14

MIDOCEAN ABSOLUTE RETURN CREDIT FUNDMidOcean Credit Fund Management LP

31 Jan 10 M $458MJan 15

147.50 31 Jul 15 0.52% 4.04% 0.24% 7.66% 10.87% 7.32% 3.94% (5.29%)Jun 14 - Jan 15

MIDOCEAN CREDIT OPPORTUNITY FUND CLASS BMidOcean Credit Fund Management LP

31 Mar 09 Q $774MJan 15

228.51 31 Jul 15 0.14% 4.45% 1.05% 10.07% 10.78% 13.93% 6.22% (4.30%)Aug 14 - Dec 14

OCP DEBT OPPORTUNITY INTERNATIONAL LTDOnex Credit Partners

30 Jun 01 Q $282MJul 15

271.05 31 Jul 15 (0.61%) (2.54%) 0.47% 9.93% 9.21% 7.33% 6.31% (24.14%)Jun 07 - Dec 08

OCTAGON HIGH INCOME FUNDAndrew D. Gordon

31 Jan 11 M $131MJun 15

136.11 31 Aug15

0.17% 4.43% 0.94% 9.04% 19.9% 6.96% 6.76% (10.79%)Jul 11 - Aug 11

RAVEN ROCK CREDIT OFFSHORE FUND LTDNate Brown, Guy Caplan, Bobby Richardson

31 Aug 09 M $185MJul 15

153.76 31 Jul 15 (3.00%) 2.98% -7.41% 5.8% 8.46% 7.54% 6.28% (12.63%)Jun 14 - Jan 15

TILDEN PARK OFFSHORE INVESTMENT FUND LTDJosh Birnbaum

31 Dec 10 Q $3'676MJul 15

218.11 31 Jul 15 (0.32%) 1.99% 14.06% 20.51% 41.34% 18.55% 5.28% (1.33%)Sep 14 - Jan 15

WYETREE YIELD DISTRIBUTION FUND (WYDF)WyeTree Asset Management

30 Nov 12 M $102MJul 15

115.60 31 Jul 15 (0.40%) 1.91% 7.78% 5.46% -0.2% 5.59% 3.26% (3.72%)May 13 - Jun 13



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Distressed SecurityYtd Avg. 2015 (0.66%)

Distressed Security/EuropeYtd Avg. 2015

0.07%

KING STREET EUROPE LTD CLASS AO. Francis Biondi, Jr., Brian J. Higgins

30 Jun 07 Q $1'000MApr 15

177.36 21 Aug15

(0.27%) 0.07% 3.54% 12.53% 10.98% 7.29% 5.98% (8.56%)May 11 - Nov 11

Distressed Security/GlobalYtd Avg. 2015

(1.10%)

CANDLEWOOD SPECIAL SITUATIONS FUND LTDMichael Lau and David Koenig

30 Apr 03 Q $1'186MMay 15

789.48 14 Aug15

(0.70%) (4.98%) 5.68% 12.53% 14.78% 18.29% 10.85% (28.11%)May 08 - Nov 08

CANYON VALUE REALIZATION FD, LTD - CLASS AM.R. Julis & J.S. Friedman

31 Dec 94 Q $6'855MJun 15

8,018.28 31 Jul 15 0.26% 2.49% 4.32% 15.65% 18.05% 10.64% 8.15% (28.82%)Oct 07 - Nov 08

CERBERUS INTL. LTD CLASS A A/C 191Steve Feinberg

31 May 93 Q $1'900MJul 15

1,096,241.16 31 Aug15

0.24% 1.29% 23.09% 14.1% 12.05% 11.35% 6.23% (22.26%)May 08 - Feb 09

CONTRARIAN CAPITAL FUND I OFFSHORE LTDJon Bauer

30 Sep 86 Y $2'448MJun 15

2,511.03 31 Aug15

(1.98%) (3.56%) 0.46% 17.01% 24.31% 11.78% 9.47% (33.22%)Jun 07 - Feb 09

DAVIDSON KEMPNER DIST. OPP. INT. LTD - CLASS CTRN 1 -Anthony A. Yoseloff, Avi Z. Friedman and Conor Bastable

31 Mar 05 Y $1'195MMar 15

2,654.14 31 Jul 15 (0.42%) (0.11%) 2.96% 21.95% 13.51% 9.90% 9.57% (26.27%)Oct 07 - Nov 08

KING STREET CAPITAL, LTDO. Francis Biondi Jr & Brian J. Higgins

31 Dec 96 Q $12'100MMar 15

618.32 21 Aug15

(0.42%) (1.58%) 4.59% 11.63% 12.54% 10.26% 4.01% (5.21%)May 11 - Nov 11

MONARCH DEBT RECOVERY FUND LTDMichael Weinstock, Andrew Herenstein

31 Mar 02 Y $1'495MJun 15

3,937.71 31 Jul 15 (0.35%) 0.85% 1.37% 18.36% 11.57% 10.82% 7.60% (32.31%)Oct 07 - Dec 08

MUDRICK DISTRESSED OPPORTUNITY FUND LTDJason Mudrick

30 Jun 09 Q $916MJun 15

157.67 31 Aug15

(5.40%) (15.87%) 15.7% 7.73% 21.85% 7.65% 7.21% (17.38%)Aug 14 - Aug 15

OWS CREDIT OPPORTUNITY FUNDOWS Capital Management

31 Dec 10 Q/Y $396MJun 15

1,575.80 31 Jul 15 0.27% 3.64% 12.3% 12.47% 23.41% 10.43% 4.29% (7.86%)Apr 11 - Oct 11

PSAM REBOUND PORTFOLIO FUND LTDP.Schoenfeld Asset Management LLC

28 Feb 03 Q $269MMay 15

251.80 31 Jul 15 (1.33%) (3.62%) -1.16% 12.61% 14.01% 7.71% 8.21% (32.91%)Jul 07 - Mar 09

SILVER POINT CAPITAL OFFSHORE LTDEdward Mulé

31 Dec 01 Q $4'600MJan 15

4,509.70 14 Aug15

(0.02%) (0.53%) 3.08% 16.11% 20.04% 11.69% 8.05% (35.48%)Jun 07 - Dec 08

SOUND POINT BEACON OFFSHORE FUND, LTDStephen Ketchum & Jeffrey Teach

30 Nov 13 HY $454MJul 15

130.41 31 Jul 15 (0.90%) 3.42% 18.36% 6.54% 17.28% 7.32% (3.17%)Sep 14 - Jan 15

STONE LION FUND LTD CLASS AGreg Hanley and Alan Mintz

31 Oct 08 Q $682MMar 15

2,114.63 30 Jun15

(1.87%) (4.26%) -3.22% 16.52% 11.31% 11.89% 8.18% (11.16%)Aug 14 - Jun 15

STRATEGIC VALUE RESTRUCTURING FUNDVictor Khosla

31 Aug 02 Q/Y $1'522MMar 15

347.20 21 Aug15

(1.22%) 1.57% 1.7% 16.17% 13.18% 10.06% 7.49% (24.47%)May 07 - Jan 09



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Distressed Security/GlobalYtd Avg. 2015

(1.10%)

VR GLOBAL OFFSHORE FUND LTDRichard Deitz

30 Apr 99 Q $1'818MJun 15

37,544.30 31 Jul 15 2.38% 4.76% -0.4% 32.33% 20.69% 24.97% 14.82% (48.38%)May 08 - Mar 09

Distressed Security/USAYtd Avg. 2015

2.27%

HALCYON OFF. ASSET-BACKED VALUE FUND LTDJoseph Wolnick ,Joseph Godley and Jim Coppola

30 Nov 05 Q $1'280MJun 15

2,984.16 14 Aug15

0.28% 2.36% 6.74% 6.66% 16.14% 11.92% 5.16% (13.32%)Aug 08 - Mar 09

REDWOOD OFFSHORE FUNDJonathan Kolatch

31 Jul 00 Y $2''854MJun 15

736.93 31 Jul 15 (0.20%) 2.18% 1.59% 17.62% 21.94% 14.23% 10.44% (36.28%)May 07 - Dec 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity-CommodityYtd Avg. 2015 1.68%

Equity-Commodity/GlobalYtd Avg. 2015

1.68%

OCEANIC HEDGE FUND - CLASS ACato Brahde, Andreas Vergottis, Bjorn Rise

31 Jul 02 M $450MApr 15

3,776.07 31 Aug15

(1.99%) 1.68% 3.87% 23.3% -7.73% 10.68% 7.99% (12.78%)Nov 11 - Jul 12

Equity-DiversifiedYtd Avg. 2015 4.59%

Equity-Diversified/AsiaYtd Avg. 2015

4.23%

GOLDEN CHINA FUND NR CLASSGeorge Jiang,

30 Jun 04 M $2'040MJul 15

187.63 31 Aug15

(8.91%) 6.63% 30.02% 17.48% 26.91% 27.07% 24.47% (64.64%)Oct 07 - Nov 08

LIGHTHORSE CHINA GROWTH FUND LTDShawn Kang

31 Dec 05 M $113MJan 15

420.81 31 Jul 15 (5.56%) 14.26% -0.51% 15.85% -14.51% 16.17% 19.97% (41.06%)Feb 08 - Dec 08

NEZU CYCLICALS FUND LTDFuyuki Fujiwara

31 Jul 05 Q $166MMay 15

282.72 31 Aug15

(1.88%) 4.82% 16% 27.39% -6.58% 10.85% 12.11% (25.06%)Oct 07 - Feb 09

OCTAGON PAN ASIA FUNDPoh Min Lam & Nelson Chia

30 Sep 04 M $139MJun 15

215.84 31 Jul 15 (1.55%) 3.46% -4.44% 4.6% 11.8% 7.36% 8.46% (10.69%)Oct 07 - Jan 09

PINPOINT CHINA FUND CLASS A USDQiang Wang

31 May 05 M $566MJul 15

867.55 21 Aug15

(2.15%) (0.45%) 17.46% 9.26% 8.06% 23.51% 19.59% (42.16%)Oct 07 - Nov 08

QUAM CHINA FOCUS SEGREGATED PORTFOLIOChris Choy

30 Jun 05 Q $118MJun 15

421.16 28 Aug15

(21.22%) (1.23%) -8.2% 61.8% 16.99% 15.35% 25.23% (38.31%)May 15 - Aug 15

REAL RETURN ASIAN FUND LTD (THE)Ezra Sun

30 Sep 04 M $375MJul 15

298.47 28 Aug15

(4.36%) 1.02% 4.33% 13.35% 9.02% 10.54% 9.89% (15.09%)Apr 11 - May 12

TELLIGENT GREATER CHINA FUNDChing-Shan Lin

31 Jul 04 M $306MJul 15

374.91 31 Jul 15 (7.67%) 4.43% -6.27% 28.57% 10.76% 12.76% 18.11% (46.90%)Oct 07 - Oct 08

WF ASIA FUND LTD S/1Scobie Ward

31 Jan 01 M $538MJun 15

462.33 28 Aug15

(1.83%) 8.95% 5.71% 11.72% 27.68% 11.07% 12.63% (37.65%)Oct 07 - Nov 08

ZEAL CHINA FUND LTD - USD -NIDaniel POON Chun Pong

31 Dec 09 M $226MMay 15

150.28 31 Aug15

(4.63%) 0.43% 0.92% 5.55% 12.89% 7.45% 15.55% (20.67%)May 15 - Aug 15

Equity-Diversified/BrazilYtd Avg. 2015

(7.77%)

BNY MELLON ARX BRAZIL FUND SPC LONG SHORTBruno Garcia, Frederico Saraiva & Rogerio Poppe

31 Jan 07 M $40MJul 15

1,691.29 14 Aug15

(2.01%) (7.77%) 5.08% 5.22% 11.03% 6.35% 8.63% (23.95%)Jun 08 - Oct 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity-Diversified/EmergingYtd Avg. 2015

(0.52%)

APERIOS EMERGING CONNECTIVITY MASTER FUNDLTDAperios Partners Investment Management LLP

31 Dec 11 Q $82MJul 15

112.06 31 Jul 15 (2.59%) 1.31% 12.24% 11.49% 9.92% 9.70% 8.03% (10.13%)May 13 - Aug 13

FIREBIRD REPUBLICS FUND, LTDHarvey Sawikin & Ian Hague

30 Apr 97 Q $146MJul 15

840.27 28 Aug15

(5.46%) (5.78%) -22.64% 24.2% 13.26% 12.31% 29.43% (73.20%)Sep 97 - Jan 99

JABCAP EMEA FUND CLASS X1Carl Tohme

30 Sep 08 M $240MJul 15

252.00 14 Aug15

(0.84%) 4.73% 7.15% 9.23% 6.94% 14.39% 9.51% (10.02%)Apr 11 - May 12

OCCO EASTERN EUROPEAN FUND A SHARESAndrew Wiles

31 Dec 01 Q/Y $438MAug 15

401.22 28 Aug15

0.17% 4.00% -2.56% 11.63% 7.73% 11.65% 7.44% (20.86%)Jun 08 - Oct 08

SAGIL LATIN AMERICAN OPPORTUNITIES FUNDCLASS AAdrian Landgrebe and Brad Jones

30 Jun 09 M $80MJul 15

131.34 31 Jul 15 (1.10%) (9.34%) 6.71% 7.91% 14.48% 4.58% 8.61% (14.71%)Jun 14 - Jul 15

SKYLINE UCITS FUND INSTITUTIONAL SHARE CLASS(MontLake)Geoff Bamber, David Tovar,

31 Jul 11 D $135MJan 15

116.74 31 Aug15

(7.74%) (8.33%) -10.63% 10.01% 25% 3.86% 12.16% (21.47%)Aug 14 - Aug 15

SR GLOBAL FUND (Class N) Emerging Market EquityEd Butchart and CJ Morrell

31 Dec 12 M $55MJun 15

117.61 31 Aug15

(6.05%) 2.41% 3.68% 10.76% - 6.27% 10.21% (9.16%)May 15 - Aug 15

SR GLOBAL FUND INC - G - GLOBAL OPPORTUNITIESPTF (Real Perf)Richard Chenevix-Trench

29 Feb 96 M $425MJan 15

1,426.15 31 Aug15

(5.40%) 3.60% 2.7% 18.09% -0.88% 17.82% 17.47% (37.25%)Oct 07 - Feb 09

SR PHOENICIA INC CLASS -A- SERIES 1Richard Atherton

31 Jul 01 M $120MJan 15

521.26 31 Aug15

(6.90%) 2.74% 4.63% 20.89% 8.13% 12.43% 17.56% (56.02%)Oct 07 - Feb 09

Equity-Diversified/EuropeYtd Avg. 2015

7.00%

ADELPHI EUR. FUND $ (A)Roderick Jack, Marcel Jongen

30 Sep 97 Q $1'766MFeb 15

554.94 31 Aug15

(2.62%) 7.32% 9.35% 17.28% 14.08% 10.03% 11.41% (26.28%)May 07 - Feb 09

ADRIGO HEDGEGöran Tornée

30 Nov 06 M $193MFeb 15

172.29 31 Aug15

(1.35%) 3.30% 4.32% 12.83% 5.91% 6.41% 5.05% (9.13%)May 07 - Oct 08

ANTARES EUROPEAN FUND, LTD - USDPeter Miles Testa, Luca Orsini Baroni

08 Dec 98 M $546MFeb 15

642.61 31 Aug15

(2.19%) 10.97% 5.5% 28.79% 1.7% 11.75% 14.71% (32.68%)Jun 07 - Dec 08

AQUILUS INFLECTION FUND LTD EUR SHSRichard Vogel

31 Jul 07 M €418MApr 15

141.47 31 Aug15

(3.19%) 3.68% 7.37% 14.59% 18.73% 4.38% 8.72% (22.46%)Oct 07 - Oct 08

CAPEVIEW AZRI 2X FUNDMichael Sakkas and Sushil Shah

30 Sep 10 M $240MApr 15

194.54 21 Aug15

(4.08%) 13.42% 9.86% 24.8% 12.65% 14.57% 6.93% (7.15%)Feb 14 - May 14

CAPEVIEW AZRI FUNDMichael Sakkas and Sushil Shah

31 Oct 07 M $410MMay 15

189.52 21 Aug15

(2.10%) 6.18% 4.6% 11.51% 5.82% 8.53% 3.72% (3.66%)Feb 14 - May 14

COVALIS CAPITAL CLASS BZach Mecelis

31 Dec 12 M $212MApr 15

125.41 31 Aug15

0.56% 6.52% 3.71% 14.99% -1.27% 9.39% 4.28% (2.45%)Feb 14 - Jun 14



InceptionDates

Liquidity AssetSize

Last NAV orIndex



7.00%

GLG EUROPEAN LONG SHORT FUND Class D EURUnresPierre Lagrange, Simon Savage, Neil Mason

30 Sep 00 M $361MJul 15

332.73 28 Aug15

0.51% 5.45% -5.24% 7.09% 5.75% 8.39% 7.89% (17.94%)Oct 07 - Oct 08

GRANADA EUROPE FUND LTDSwiss Hedge Capital AG, Andreas Zehnder

31 Aug 04 M CHF57MJun 15

1,591.34 31 Aug15

(0.20%) 3.03% 2.12% -3.57% -8.93% 4.31% 4.76% (13.54%)Sep 11 - Dec 13

JPMORGAN EUROPE DYNAMIC L/S FUND-A10-03Jonathan Ingram, John Baker, Anis Lahlou-Abid

30 Sep 03 M €413MMar 15

472.90 31 Aug15

2.80% 10.27% 1.1% 15.93% -4.72% 13.91% 8.29% (16.39%)Jun 08 - Nov 09

LANSDOWNE EUROPEAN EQUITY FD, LTD - A (EUR)David Craigen

31 Aug 98 M $336MJul 15

239.53 21 Aug15

4.13% 16.51% -4.32% 21.51% 4.56% 9.52% 11.65% (21.60%)May 08 - Feb 09

LC EQUITY FUND LTDLimmat Capital Alternative Investments AG

30 Sep 05 M CHF104MJun 15

281.39 31 Aug15

(0.76%) 0.26% 2.7% 5.27% 2.04% 10.99% 5.85% (5.29%)Jun 11 - Aug 11

LEGG MASON MARTIN CURRIE GF EUROPEANABSOLUTE ALPHA FUNDMichael Browne, Frost

31 Aug 10 D €416MSep 15

13.78 01 Sep15

(0.79%) 5.11% 1.54% 20.02% 14.91% 6.62% 6.49% (9.23%)Dec 10 - Sep 11

LUCERNE CAPITAL FUND L.P.Pieter Taselaar, Thijs Hovers

31 Dec 01 M $328MJul 15

552.94 31 Jul 15 1.04% 23.33% 10.8% 29.19% 26.9% 14.87% 20.25% (60.03%)May 07 - Feb 09

MADRAGUE EQUITY LONG SHORTMadrague Capital Partners

31 Jan 12 M €134MJun 15

137.39 31 Jul 15 0.54% 8.56% -5.68% 30.08% 3.16% 9.50% 8.51% (9.12%)Jan 12 - Jun 12

MARSHALL WACE - EUROPA FUND A USDErnesto Fragomeni

31 Oct 06 M $143MAug 15

160.18 01 Sep15

(0.69%) 8.60% 3.96% 7.44% 8.72% 5.47% 8.24% (26.47%)Jun 07 - Sep 08

MARSHALL WACE - MW TOPS FUNDAnthony Clake

31 Dec 04 M $317MAug 15

230.55 01 Sep15

(0.61%) 6.05% 6.72% 16.17% 11.31% 8.14% 7.41% (21.75%)Oct 07 - Feb 09

MLIS - THEOREMA EUROPEAN EQUITY LONG SHORTUCITS FUND - EUR B (acc)Theorema Asset Management Limited

31 May 10 D €66MJun 15

116.42 01 Sep15

(0.44%) 6.08% -5.61% 7.94% 4.37% 2.93% 7.32% (12.02%)Sep 11 - Jul 12

MOJNA ALPHA LEVERAGED MASTER FUND - EURNNIJakob Nordestedt, Michael O’Mara

30 Nov 07 M $93MJul 15

168.95 31 Aug15

2.35% 5.23% -5.72% 14.82% -4.33% 7.00% 6.40% (11.33%)Dec 13 - Aug 14

MOJNA ALPHA MASTER FUND - EURJakob Nordestedt, & Michael O'Mara

31 Dec 02 M $175MJan 15

170.91 31 Aug15

0.79% 0.93% -3.32% 4.93% -2.69% 4.32% 2.71% (5.36%)Dec 13 - Aug 14

NORDIC ALPHA CLASS B - NOKThomas Raaschou, Christian T. Nygaard

31 Aug 03 M NOK826MJul 15

273.89 31 Jul 15 0.66% 7.95% 14.46% 23.77% 12.14% 8.82% 10.72% (32.36%)Dec 07 - Feb 09

ODEY EUROPEAN, INC (EUR)Crispin Odey

31 May 92 W €2'705MMar 15

885.56 28 Aug15

6.60% (7.78%) 5.48% 25.76% 30.69% 13.05% 16.75% (50.64%)Jan 94 - Jul 95

PELHAM LONG/SHORT FUND LTD CLASS A EURRoss Turner

31 Oct 07 M €3'529MApr 15

220.18 31 Jul 15 (0.61%) 14.73% 2.58% 32.52% 16.89% 10.72% 10.60% (12.25%)May 08 - Dec 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex



7.00%

PENSATO EUROPA FUND LTD EURO CLASSGraham Clapp & Edward Rumble

31 May 08 M €86MJul 15

142.24 31 Jul 15 4.70% 12.70% -4.99% 1.99% 11.22% 5.03% 6.11% (8.88%)May 13 - Apr 14

POLAR CAPITAL EUROP CONVICTION FUND LIMITEDRobert Gurner & Andrew Marsh

31 Mar 06 M €64 MMay 15

151.45 31 Aug15

0.48% (8.07%) 2.97% 1.9% 8.07% 4.50% 8.24% (8.51%)Dec 14 - Jul 15

RBR EUROPEAN LONG SHORT LTD (Ex Rhine AlphaStars)Rudolf Bohli

30 Apr 05 M $130MMay 15

3,027.70 31 Aug15

(5.10%) (1.37%) 13.94% 20.33% 29.45% 11.31% 18.05% (55.01%)Jun 07 - Nov 08

RWC SAMSARA FUND CLASS A EUROAjay Gambhir

17 Sep 07 M $248MJun 15

147.85 28 Aug15

(1.51%) 1.43% 3.63% 17.47% 2.95% 5.04% 7.35% (11.62%)Jun 11 - May 12

SIERRA EUROPE OFFSHORE, LTD - CLASS C USDCharles Michaels

28 Feb 97 M $78MJul 15

553.09 28 Aug15

2.44% 8.26% -1.76% 4.48% 11.82% 9.68% 8.70% (16.98%)Mar 00 - Jan 03

SUSA EUROPEAN EQUITIES FUND CLASS A NIE EURReza Amiri

28 Feb 09 M $450MJul 15

180.60 31 Aug15

(3.19%) 8.15% -4.8% 17.78% 15.22% 9.51% 11.14% (16.04%)May 11 - Sep 11

TT LONG/SHORT FOCUS FUNDVikram Kumar

30 Jun 13 M $310MAug 15

123.84 31 Aug15

(3.86%) 13.71% -2.65% 11.87% 10.36% 9.83% (5.74%)Feb 14 - Jul 14

TT MID-CAP EUROPE LONG/SHORT FUND LTD - CL BDavid Grimbley

30 Apr 05 M €710MMay 15

318.21 31 Aug15

1.58% 11.94% 2.64% 14.43% 6.9% 11.84% 8.32% (7.41%)Apr 06 - Sep 06

ZADIG FUND CLASS A1Laurent Saglio

30 Nov 05 M €179MFeb 15

238.95 31 Aug15

0.99% 11.63% -6.33% 8.9% 11.02% 9.34% 10.97% (19.14%)Aug 08 - Oct 08

Equity-Diversified/GlobalYtd Avg. 2015

7.47%

ANAVON MASTER FUND LTD CLASS -B-Avi Fruchter and Avraham Mevorah

31 Dec 10 M $78MJul 15

142.59 31 Jul 15 0.60% 1.25% 6.66% 11.45% 12.62% 8.05% 7.23% (8.57%)Jul 11 - Sep 11

ATLAS FUNDAMENTAL TRADING FUND LTDDmitry Balyasny, Managing Partner & CIO

30 Jun 08 M $162MJul 15

1,483.17 28 Aug15

2.07% 6.11% 12.64% 8.54% -3.47% 5.66% 8.57% (13.57%)Sep 11 - Jun 13

BEACONLIGHT OFFSHORE FUND LTDEd Bosek

31 Dec 09 Q $184MJul 15

144.40 31 Jul 15 (1.01%) 11.96% -4.32% 22.4% 6.8% 6.80% 8.93% (15.02%)Mar 11 - Sep 11

BLUECREST EQUITY STRATEGIES FUNDBlueCrest Capital Management Ltd, Christian Dalban

31 Jul 13 Q $1'105MApr 15

114.74 31 Jul 15 0.82% 8.81% 9.26% 5.16% 11.81% 5.95% (5.07%)Feb 14 - Apr 14

BLUEMOUNTAIN LONG SHORT EQUITY FUND L.P.BlueMountain Capital Management LLC

30 Jun 11 Q $401MJul 15

165.31 28 Aug15

0.02% 11.32% 19.48% 19.48% 3.66% 12.83% 6.08% (3.95%)Apr 12 - Jun 12

BROOKFIELD GLOBAL LISTED INFRASTRUCTURESEC. OFFSHORE FUNDBrookfield Investment Management Inc.

30 Apr 08 M $184MJun 15

195.04 31 Aug15

(4.99%) (11.60%) 7.93% 11.13% 16.99% 9.53% 12.85% (22.19%)Apr 08 - Nov 08

CARLYLE LIQUID TACTICAL FUNDDGAM Team

31 Jul 14 M $121MJul 15

104.95 31 Jul 15 1.40% 1.36% 3.54% 4.94% 7.53% (4.30%)Apr 15 - Jun 15



InceptionDates

Liquidity AssetSize

Last NAV orIndex



7.47%

DUET GLOBAL PLUS FUNDJason McNab

31 Jul 10 M $1'500MJun 15

126.09 31 Jul 15 (0.02%) 1.16% -0.38% 3.95% 11.05% 5.93% 3.11% (2.56%)Feb 14 - May 14

ECOFIN VISTA LONG SHORT FUNDMatthew Breidert

30 Nov 12 M $107MJul 15

119.64 31 Jul 15 (1.42%) 12.17% -0.21% 7.14% -0.24% 6.96% 7.64% (4.70%)Feb 14 - Apr 14

EXANE TEMPLIERS FUNDJean-Francois Roussel, Stéphane Arrouays, Henri-DanielSamama, Exane Asset Management

28 Feb 06 W €144MApr 15

17,418.94 01 Sep15

0.10% 0.38% -1.64% 1.85% 0.77% 4.36% 2.98% (2.89%)Apr 11 - May 12

FARRINGDON ALPHA ONEBram Cornelisse, Andreas Tholstrup, Dennis van Wees

31 Dec 06 M $400MJul 15

208.09 31 Aug15

1.65% 9.11% 6.78% 10.56% 19.44% 8.82% 10.82% (16.50%)May 08 - Oct 08

GLADE BROOK GLOBAL OFFSHORE FUND LTDCLASS-A- NR-Paul Hudson

30 Sep 11 Q $100MJun 15

1,330.58 31 Jul 15 4.60% 6.82% -1.36% 19.76% 13.1% 7.73% 8.63% (10.31%)Feb 14 - Apr 14

HABROK LTDKetan Gadhia and Rahul Khanna

31 Mar 04 Q $85MJul 15

321.68 31 Jul 15 4.87% 5.01% 7.01% 13.15% 6.85% 10.85% 14.38% (38.55%)May 08 - Jan 09

HORSEMAN GLOBAL FUND USDRussell Clark & Bobby Turnbull

31 Jan 01 M $683MMay 15

710.33 02 Sep15

1.97% 20.02% 12.63% 19.15% 16.28% 14.38% 16.02% (33.75%)Feb 09 - Jun 10

KINSALE COMPASS FUNDPeter A Kinney

31 Oct 11 M $235MJul 15

161.19 31 Jul 15 0.90% 9.98% 6.56% 15.74% 16.75% 13.57% 4.59% (2.10%)Apr 12 - May 12

LANSDOWNE DEVELOPED MARKET FUND, LTD (GBP)NNIPeter Davies, Stuart Roden, Jonathon Regis

31 Jul 01 M $9'780MJul 15

746.61 21 Aug15

0.51% 10.71% 11.49% 33.26% 17.87% 15.36% 10.76% (20.07%)Dec 10 - Dec 11

LAZARD GLOBAL HEXAGON FUNDJean-Daniel Malan

31 May 10 M $460MApr 15

125.10 31 Aug15

(1.39%) 1.48% -2.22% 8.97% 13.27% 4.15% 4.75% (7.37%)May 11 - Sep 11

LOREM IPSUM MASTER FUND LPJohn Segrich

31 Jul 13 Q $106MJun 15

134.08 31 Jul 15 (2.00%) 9.87% 12.27% 8.69% 15.79% 11.25% (6.64%)Aug 14 - Oct 14

M. KINGDON OFFSHORE NV - A/1Mark Kingdon

28 Feb 86 Q $1'150MAug 15

179.54 31 Aug15

(6.12%) 8.81% 8.23% 23.82% 11.78% 14.87% 12.56% (30.15%)Sep 87 - Oct 87

MARSHALL WACE - MW EUREKA A1 EURPaul Marshall

07 Jan 98 M $6'737MAug 15

463.54 01 Sep15

(0.60%) 8.90% 8.44% 21.61% 7.45% 13.30% 8.88% (23.24%)Oct 07 - Oct 08

MARSHALL WACE - MW GLOBAL OPPORTUNITIES AUSDFehim Sever

28 Feb 09 M $1'218MAug 15

234.79 01 Sep15

0.06% (1.09%) 6.3% 13.37% 6.83% 14.01% 9.37% (7.61%)Jan 15 - Apr 15

MAVERICK FUND, LTD - CLASS A/1Lee Ainslie III

28 Feb 95 M $1'626MMay 15

1,756.75 31 Aug15

1.43% 20.52% 8.51% 16.46% 15.46% 12.72% 11.34% (30.04%)May 08 - Nov 08

MS ASCEND UCITS FUND CLASS I EURMalcolm Fairbairn

30 Apr 11 W $206MJul 15

1,115.37 01 Sep15

(0.19%) 1.94% 5.11% 12.16% -0.14% 2.54% 3.82% (7.23%)May 11 - Dec 12



InceptionDates

Liquidity AssetSize

Last NAV orIndex



7.47%

NEVSKY FUND PLC (COMPOSITE)Martin Taylor and Nick Barnes

30 Sep 00 M $1'675MJul 15

1,400.47 31 Jul 15 (1.44%) 7.31% -1.43% 18.07% 14.61% 19.46% 13.76% (22.14%)Oct 07 - Feb 09

PASSPORT GLOBAL STRATEGY FUNDJohn Burbank

31 Jul 00 Q $2'000MAug 15

1,163.55 31 Aug15

0.80% 14.57% 0.9% 23.02% 11.08% 17.66% 25.43% (52.74%)Jun 08 - Dec 08

PASSPORT LONG SHORT STRATEGY FUNDJohn Burbank, Tim Garry

30 Jun 10 M $562MMar 15

143.55 31 Jul 15 0.10% 8.32% -6.24% 19.89% 12.13% 7.36% 8.10% (10.06%)Apr 11 - Dec 11

PASSPORT SPECIAL OPPORTUNITIES FUND LTDCLASS AAJohn Burbank

30 Apr 08 HY $495MApr 15

273.32 31 Jul 15 7.80% 29.18% 9.94% 45.5% -5.67% 14.87% 25.99% (43.24%)Jun 08 - Nov 08

PLATINUM FUND LTDKerr Neilson

31 May 94 M $499MMay 15

83.45 28 Aug15

(6.10%) (5.22%) -2.67% 21.76% 17.44% 10.50% 12.14% (30.48%)Oct 07 - Feb 09

SR GLOBAL FUND C - INTERNATIONAL (Real Perf)Hugh Sloane

31 Dec 93 M $645MJan 15

741.67 31 Aug15

(2.50%) 11.68% 8.36% 36.28% 1.03% 12.73% 20.81% (50.10%)Apr 08 - Aug 12

STANDARD PACIFIC CAPITAL -B-Doug Dillard and Raj Venkatesan

30 Sep 95 Q $170MJul 15

545.18 31 Jul 15 1.48% 7.10% -0.04% 20.2% -4.66% 8.92% 8.20% (15.87%)Jul 11 - Nov 12

STK CAPITAL GLOBAL EQUITIESDaniel Grozdea

30 Nov 10 M $115MJul 15

142.61 31 Jul 15 2.08% 3.65% 5.27% 16.09% 9.35% 7.90% 7.77% (8.80%)Apr 11 - Sep 11

Equity-Diversified/JapanYtd Avg. 2015

6.50%

AKAMATSU FUNDPhilip Kay

31 Dec 04 M $105MApr 15

211.21 31 Jul 15 0.72% 5.09% 5.88% 21.71% -3.45% 7.32% 6.95% (12.18%)Mar 12 - Oct 12

ALPHAGEN HOKUTO FUND LTD - CLASS AJohn Stewart & Robert Tull

31 Oct 00 M $161MFeb 15

221.30 31 Aug15

0.11% 5.29% 0.57% 7.4% -1.01% 5.50% 4.20% (4.80%)May 11 - Aug 12

ALPHAGEN JAPAN ABS RETURN FD, LTDWilliam Garnett and Jeremy Hall

30 Jun 00 M $346MFeb 15

285.85 31 Aug15

0.35% 7.10% -1.17% 26.63% -0.58% 7.16% 9.94% (19.05%)Feb 11 - Aug 12

MARATHON VERTEX JAPAN FD, LTD CLASS BWilliam Arah

31 May 03 Q $465MFeb 15

2,928.44 21 Aug15

(0.96%) 14.73% 2.91% 23.38% 4.89% 9.18% 8.21% (11.76%)Jun 09 - Oct 10

MARTIN CURRIE ARF - JAPAN FUNDJohn-Paul Temperley

30 Jun 00 M $258MFeb 15

21.70 31 Aug15

(5.71%) 0.73% -5.48% 28.56% 4.23% 5.24% 8.27% (15.76%)Apr 10 - May 12

SFP VALUE REALIZATION FUNDGreg McEntyre

31 Oct 03 Q $320MJan 15

448.88 31 Aug15

(4.51%) 14.55% 10.82% 82.11% 44.54% 13.52% 19.51% (55.47%)Jan 06 - Oct 10

SR GLOBAL FUND H - JAPAN (Real Perf)Hugh Sloane, Alex Kydd

30 Sep 03 M $135MJan 15

184.35 31 Aug15

(4.90%) 1.17% 0.41% 62.51% 31.05% 5.54% 20.11% (35.57%)Mar 08 - Jul 10

UMJ KOTOSHIRO FUNDMasahiro Koshiba

31 Oct 08 M $239MJun 15

209.26 31 Jul 15 (0.66%) 3.35% 15.2% 32.05% 17.83% 11.56% 7.89% (9.48%)Jul 09 - Sep 10



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity-Diversified/RussiaYtd Avg. 2015

(1.57%)

FIREBIRD NEW RUSSIA FUND, LTD - CLASS AHarvey Sawikin & Ian Hague

30 Jun 96 Q $96MJul 15

1,586.80 28 Aug15

(3.63%) (1.57%) -34.59% 4.08% 11.42% 15.51% 38.39% (81.79%)Mar 98 - Sep 98

Equity-Diversified/UKYtd Avg. 2015

4.04%

ALPHAGEN OCTANIS CLASS ABen Wallace & Luke Newman

28 Feb 05 M $4'302MJul 15

258.48 31 Aug15

(0.62%) 4.71% 4.01% 16.77% 3.87% 9.46% 5.92% (10.72%)May 07 - Mar 08

BLACKROCK UK EQUITY HEDGE FUNDNigel Ridge & Imran Sattar

30 Apr 05 M $564MJul 15

224.22 28 Aug15

0.03% 6.19% 6.93% 6.42% 4.27% 8.13% 5.61% (11.70%)Jun 08 - Oct 08

PEGASUS FUND LIMITED SHARES A-1Martin Hughes

31 Oct 97 M $140MJan 15

58.36 14 Aug15

(1.45%) 1.74% -15.72% 63.74% 1.06% 10.47% 15.09% (35.27%)May 98 - Oct 98

THREADNEEDLE UK ABSOLUTE ALPHA FUNDChris Kinder & Mark Westwood

30 Sep 10 D $518MMar 15

136.11 02 Sep15

(0.24%) 3.51% 5.4% 10.7% 2.91% 6.46% 3.81% (3.17%)Jun 11 - Sep 11

Equity-Diversified/USAYtd Avg. 2015

(0.48%)

AJR INTERNATIONAL (BVI), INC. - A/1Alexander J. Roepers

31 Jan 93 M $463MFeb 15

1,070.52 28 Aug15

0.21% (4.72%) -6.92% 20.33% 3.85% 11.07% 18.74% (44.44%)May 08 - Dec 08

ALLIANCE BERNSTEIN SELECT US EQUITY LONGSHORTKurt Feuerman

30 Nov 99 Q/Y $131MJul 15

4,448.02 26 Aug15

(4.27%) (2.70%) 2.76% 16.27% 6.17% 9.94% 7.09% (9.98%)May 08 - Feb 09

ASCEND PARTNERS FUND II LTD - AMalcolm Fairbairn

31 Jan 04 Q $458MJul 15

209.93 31 Aug15

(0.59%) 1.89% 4.75% 11.59% 3.48% 6.61% 4.17% (5.23%)Apr 11 - Dec 11

BAY RESOURCES PARTNERS OFFSHORE FUNDThomas Claugus

31 Jul 98 M $2'407MJul 15

10,816.89 31 Jul 15 0.50% 0.17% 5.04% 22.23% 9.24% 15.02% 15.57% (39.02%)May 08 - Feb 09

BCM WESTON LP (BILLINGS CAPITAL MANAGEMENT)Billings Capital Management LLC

31 Jan 08 M $106MJun 15

264.39 31 Jul 15 (1.33%) 10.25% 3.42% 50.32% 15.2% 13.84% 10.83% (13.70%)Mar 11 - Sep 11

COBALT OFFSHORE LTDWayne Cooperman

31 Dec 96 Q $472MMar 15

809.35 31 Aug15

(1.26%) 0.57% 4.92% 8.88% 4.49% 11.85% 7.86% (19.53%)Apr 98 - Sep 98

ELM RIDGE CAPITAL PARTNERS L.P.Ronald Gutfleish

31 Dec 99 Q $551MMar 15

430.57 31 Aug15

2.60% (18.04%) -1.31% 22.28% -14.08% 9.76% 13.16% (24.13%)Aug 14 - Jul 15

FJ CAPITAL FINANCIAL OPPORTUNITY FUND LTDMartin Friedman

31 Dec 07 Q $137MJul 15

248.49 31 Jul 15 1.75% 8.64% 9.76% 25.15% 25.9% 12.75% 13.62% (27.44%)May 08 - Feb 09

GLENVIEW CAPITAL PARTNERS (CAYMAN), LTD.Lawrence M. Robbins

31 Dec 00 Q $4'750MJul 15

718.82 31 Aug15

(5.56%) (0.96%) 14.44% 42.9% 24.24% 14.39% 16.00% (49.17%)May 07 - Dec 08

GREENLIGHT CAPITAL OFFSHORE, LTD - A/1David Einhorn

30 Sep 96 Q $4'047MJan 15

146,752.49 31 Aug15

(5.30%) (14.13%) 7.51% 18.76% 7.66% 15.25% 10.98% (27.17%)May 08 - Oct 08

IVORY CAPITAL FLAGSHIP STRATEGYCurtis Macnguyen

30 Nov 98 Q $901MJul 15

4,414.79 28 Aug15

(1.69%) (1.04%) 6.8% 17.07% 10.5% 9.27% 5.92% (12.61%)May 08 - Nov 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex



(0.48%)

IVORY OPTIMAL FUND LTDCurtis Macnguyen

31 Dec 08 Q $1'929MJul 15

212.15 28 Aug15

(2.38%) (0.62%) 11.31% 28.31% 16.41% 11.95% 8.20% (10.14%)Apr 11 - Sep 11

MARK PARTNERS LPMorris Mark

30 Jun 85 Q $99MJul 15

6,585.96 31 Aug15

(5.70%) 2.64% 1.33% 38.27% 19.89% 14.88% 20.76% (76.22%)Dec 99 - Sep 02

MARLIN FUND LPMichael Masters

30 Jun 95 M $424MJul 15

13,110.49 31 Jul 15 2.72% (2.00%) 21.72% 77.47% 31.53% 27.46% 24.97% (60.15%)Oct 07 - Feb 09

NEUBERGER BERMAN US LONG SHORT EQUITYFUNDNeuberger Berman Group LLC

28 Feb 14 D $299MApr 15

10.18 02 Sep15

(0.97%) (2.69%) 4.61% 1.19% 4.09% (4.05%)Mar 15 - Sep 15

OKUMUS OPPORTUNISTIC VALUE FUND, LTD CLASSCAhmet H. Okumus

31 Dec 12 HY $556MMay 15

202.05 31 Aug15

(5.78%) 13.50% 31.21% 35.68% - 30.19% 16.08% (15.56%)Oct 14 - Jan 15

OMEGA OVERSEAS PARTNERS, LTD CLASS ALeon Cooperman

31 Dec 91 M $2'686MMar 15

987.83 31 Jul 15 0.78% 5.23% -2.13% 30.02% 25.66% 10.19% 14.39% (42.55%)May 07 - Feb 09

RENAISSANCE INSTITUTIONAL EQUITIES LP (B)Renaissance Technologies LLC

31 Jul 05 M $2'112MJul 15

222.76 31 Aug15

(0.27%) 2.83% 13.84% 16.78% 8.29% 8.26% 10.28% (35.73%)May 07 - Apr 09

RWC US ABSOLUTE ALPHA FUND - CLASS BMike Corcell

30 Sep 09 D $378MApr 15

137.00 01 Sep15

(0.32%) 2.71% 5.45% 14.28% 16.32% 5.46% 5.90% (9.19%)Apr 10 - Dec 11

SAB OVERSEAS FUND LTDScott Bommer

31 Jul 00 Q $525MMar 15

420.40 31 Aug15

(5.20%) (10.45%) -3.59% 23.57% 21.5% 9.98% 11.82% (17.57%)Mar 10 - Aug 10

SEMINOLE OFFSHORE FUNDMichael G. Messner, Paul C. Shiverick

31 May 98 Q $1'205MJun 15

748.82 31 Aug15

(3.90%) (7.71%) 11.04% 23.18% 5.08% 12.37% 12.20% (15.62%)May 02 - Mar 03

ZWEIG-DIMENNA INTL LIMITED - CLASS AJoseph DiMenna / Martin Zweig

31 May 87 Q $1'894MJul 15

114,172.29 31 Jul 15 4.26% 6.14% 4.64% 21.25% -1.18% 14.42% 14.89% (50.23%)Feb 00 - Dec 02

Equity-EnergyYtd Avg. 2015 (24.54%)

Equity-Energy/USAYtd Avg. 2015

(24.54%)

DORSET ENERGY FUND, LTD - CLASS ADavid M. Knott, Donald Textor

31 Oct 00 M $225MFeb 15

30.55 28 Aug15

(5.35%) (24.54%) -27.2% 29.76% -6.43% 7.82% 22.80% (54.33%)Jun 14 - Aug 15

Equity-FinancialYtd Avg. 2015 9.82%

Equity-Financial/GlobalYtd Avg. 2015

9.82%

ABACO FINANCIALS FUNDAbaco Asset Management LLP

31 May 03 M $425MJul 15

230.95 31 Jul 15 3.84% 7.89% -11.47% 15.74% 4.84% 7.12% 6.04% (11.68%)Nov 13 - Dec 14



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity-Financial/GlobalYtd Avg. 2015

9.82%

LANSDOWNE GLOBAL FINANCIALS FUND LTD.-N-USDWilliam de Winton

30 Jun 04 M $183MApr 15

288.34 21 Aug15

(4.99%) 0.33% -12.33% 23.03% 17.78% 9.97% 13.16% (26.25%)Apr 10 - May 12

MARSHALL WACE - MW GLOBAL FINANCIALS M/N AUSDAmit Rajpal

31 Oct 08 M $97MAug 15

150.40 01 Sep15

(0.46%) 9.07% 6.52% 5.76% -0.75% 6.15% 5.53% (8.01%)Nov 11 - Aug 12

TOSCA CLASS A - USDJohnny de la Hey

30 Sep 00 M $551MJul 15

305.22 31 Jul 15 3.50% 14.64% -6.79% 30.5% 24.94% 7.81% 16.72% (67.54%)Dec 07 - Nov 08

WELLINGTON MANAGEMENT INV BERMUDA LTD BAYPOND A/1 NINicholas C. Adams, Partner

31 Dec 95 HY $5'296MJul 15

255.27 31 Jul 15 1.80% 17.15% -1.68% 20.27% 20.41% 17.98% 16.35% (63.22%)Apr 98 - Mar 99

Equity-HealthcareYtd Avg. 2015 8.57%

Equity-Healthcare/GlobalYtd Avg. 2015

8.57%

CCI HEALTHCARE PARTNERS LTDOliver Marti, CCI Healthcare Partners

31 Dec 00 M $1'100MJul 15

375.27 31 Jul 15 0.88% 4.68% 7.67% 26.54% 6.56% 9.49% 8.41% (17.89%)Oct 07 - Sep 08

CCI MICRO HEALTHCARE PARTNERS LTDOliver Marti, CCI Healthcare Partners

31 Dec 12 Q $70MJul 15

229.69 31 Jul 15 1.34% 19.32% 20.54% 59.69% - 38.01% 21.66% (17.78%)Feb 14 - May 14

JENOP GLOBAL HEALTHCARE FUND LTD SERIES ADavid Chan

31 Oct 12 W $232MMar 15

17.12 18 Aug15

(1.62%) 10.91% 21.95% 27.17% -0.45% 21.20% 12.72% (11.12%)Feb 14 - Apr 14

MLIS - CCI HEALTHCARE LONG SHORT UCITS FUND -B (acc) USDOliver Marti, CCI Healthcare Partners

31 Jan 10 W $632MJun 15

145.66 01 Sep15

(2.65%) (2.87%) 7.41% 26.97% 5.51% 6.96% 9.00% (10.57%)Feb 14 - Apr 14

VISIUM INSTITUTIONAL PARTNERS FUND LTDJacob Gottlieb, Visium Asset Management

31 May 10 Q $116MApr 15

144.12 28 Aug15

0.13% 10.80% 2.11% 20.91% 5.73% 7.21% 6.48% (6.90%)Feb 14 - Nov 14

Equity-Mid-Small CapYtd Avg. 2015 0.62%

Equity-Mid-Small Cap/EuropeYtd Avg. 2015

0.76%

POLAR CAPITAL EUROPEAN FORAGER FUND LTD -AXRobert Gurner & Andrew Marsh

31 Jul 03 M €611MJul 15

326.11 31 Aug15

0.94% 0.76% 4.76% 11.79% 11.93% 10.27% 7.14% (21.47%)Oct 07 - Feb 09

Equity-Mid-Small Cap/UKYtd Avg. 2015

(1.04%)

ALPHAGEN VOLANTIS FUND, LTD - A (USD)Rob Giles & Adam McConkey

30 Apr 02 M $425MJul 15

479.57 31 Aug15

0.53% (1.04%) -2.54% 13.46% 12.7% 12.47% 8.42% (12.44%)Jun 14 - Jan 15



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity-Mid-Small Cap/USAYtd Avg. 2015

0.87%

COOPER CREEK PARTNERS LLCRobert Schwartz

31 Oct 08 Q $100MJul 15

186.76 31 Aug15

2.70% 8.62% 2% 27.15% 9.93% 9.57% 10.06% (22.12%)Feb 11 - Sep 11

HARBOUR HOLDINGS LTDCharles A. Paquelet

31 Dec 85 M $226MJul 15

179.61 31 Jul 15 (1.80%) (4.26%) 8.83% 26.65% 14.64% 17.73% 22.81% (49.05%)May 07 - Feb 09

HARVEY PARTNERS LLCJeff Moskowitz and Jim Schwartz

31 Jan 06 Q $207MJul 15

2,287.67 31 Aug15

(3.42%) (2.54%) 3.63% 15.93% 9.43% 9.02% 7.46% (9.17%)Apr 11 - Dec 11

SENVEST PARTNERS, LTD - CLASS ARichard Mashaal

31 Mar 97 Q $802MJun 15

2,874.64 31 Jul 15 (1.70%) 1.46% 22.4% 79.44% 34.81% 20.09% 36.45% (70.55%)Feb 00 - Sep 02

TONGA PARTNERS LPJ. Carlo Cannell, Cannell Capital LLC

30 Jun 92 HY $70MJul 15

2,755.01 31 Jul 15 (1.83%) (3.31%) 12.46% 34.84% 24.02% 15.44% 15.16% (50.33%)Jun 07 - Apr 09

TRISTAN PARTNERS LPJ. Carlo Cannell, Cannell Capital LLC

31 May 05 HY $70MJul 15

357.42 31 Jul 15 (0.94%) 5.24% -3.87% 38.52% 17.18% 13.34% 16.23% (49.97%)Jun 07 - Feb 09

Equity-Pharma-BiotechYtd Avg. 2015 17.61%

Equity-Pharma-Biotech/USAYtd Avg. 2015

17.61%

PERCEPTIVE LIFE SCIENCES OFFSH FUND, LTDJoseph Edelman

31 Jul 00 M $1'056MApr 15

1,609.87 21 Aug15

(5.01%) 35.34% 20.3% 43.88% 27.75% 20.25% 15.85% (24.43%)Dec 07 - Nov 08

TRAXIS SIVIK GLOBAL HEALTHCARE OFFSHORE -A/01-01Krishen Sud

30 Jun 01 M $50MJan 15

2,729.00 31 Aug15

(4.80%) 6.36% 25.55% 20.95% 13.88% 7.34% 11.16% (32.70%)Oct 07 - Feb 09

VISIUM BALANCED OFFSHORE FUND CL 2Jacob Gottlieb

31 Oct 05 Q/Y $3'350MApr 15

296.46 31 Aug15

0.56% 11.13% 7.78% 18.57% 10.31% 11.68% 8.63% (15.79%)Aug 08 - Dec 08

Equity-Real EstateYtd Avg. 2015 (8.51%)

Equity-Real Estate/GlobalYtd Avg. 2015

(8.51%)

BROOKFIELD WELLS STREET OFFSHORE LTDJason Baine and Bernhard Krieg

30 Nov 04 M $930MJun 15

444.96 31 Jul 15 2.51% (8.51%) 4.04% 16.2% 40% 15.01% 25.93% (54.37%)May 07 - Feb 09

Equity-TechnologyYtd Avg. 2015 2.78%

Equity-Technology/GlobalYtd Avg. 2015

1.88%

EXANE ARCHIMEDES FUND CLASS A CAPGilles Lenoir and César Zeitouni

30 Sep 06 W €890MJul 15

17,332.57 01 Sep15

0.05% 1.88% 8.21% 3.84% -0.19% 6.36% 4.42% (5.10%)Nov 11 - May 12



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity-Technology/USAYtd Avg. 2015

3.69%

SELIGMAN TECH SPECTRUM FUND CLASS-A1-S/2-2002J. & W. Seligman & Co. Incorporated

31 Dec 06 M $370MJun 15

453.35 31 Jul 15 (2.74%) 3.69% 30% 11.22% 0.65% 10.00% 11.63% (19.91%)May 08 - Nov 08

Equity-UtilityYtd Avg. 2015 5.55%

Equity-Utility/EuropeYtd Avg. 2015

0.87%

CYGNUS UTILITIES, INFRASTRUCTURE &RENEWABLESCygnus Asset Management

30 Apr 06 M $280MAug 15

1,883.04 31 Jul 15 (1.38%) 0.87% 4.09% 2.98% 10.88% 7.08% 7.39% (10.69%)Nov 09 - Aug 11

Equity-Utility/GlobalYtd Avg. 2015

10.23%

ELECTRON GLOBAL FUND, L.P.Electron Capital Partners, LLC

28 Feb 13 M $340MAug 15

122.87 31 Aug15

(4.63%) 10.23% -2.84% 14.71% 8.57% 8.26% (7.84%)May 15 - Aug 15



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity-DiversifiedYtd Avg. 2015 (8.23%)


(8.23%)

MARCATO INTERNATIONAL LTDRichard McGuire, Marcato Capital Management LLC

30 Sep 10 Q $3'300MMar 15

160.47 31 Aug15

(9.10%) (8.23%) 5.33% 26.16% 28.67% 10.09% 13.65% (17.63%)Mar 11 - Sep 11

Merger-ArbitrageYtd Avg. 2015 1.60%

Merger-Arbitrage/GlobalYtd Avg. 2015

1.60%

TIG ARBITRAGE ENHANCED FUNDDrew Figdor

31 Dec 06 M $611MJun 15

219.86 31 Aug15

(1.18%) 1.60% 1.72% 13.34% 7.34% 9.51% 7.92% (10.97%)Oct 07 - Oct 08

Multi-StrategyYtd Avg. 2015 (0.33%)

Multi-Strategy/EuropeYtd Avg. 2015

9.74%

MLIS - OZ EUROPE UCITS FUND CLASS B EURDavid Windreich, Och-Ziff Capital Management Group

31 Mar 11 W $303MJun 15

113.57 01 Sep15

(1.59%) 5.37% -6.7% 14.37% 10.74% 2.92% 6.40% (10.96%)Apr 11 - Nov 11

PORTLAND HILL OVERSEAS FUND LTDThierry Lucas

31 May 12 M $91MJun 15

144.16 31 Aug15

(0.99%) 14.11% 0.25% 17.1% 7.62% 11.90% 7.18% (4.64%)Feb 14 - Jul 14

Multi-Strategy/GlobalYtd Avg. 2015

(1.51%)

AG SUPER FUND INTERNATIONAL, LTDMichael Gordon & Dave Kamin

30 Apr 93 Y $731MMay 15

1,684.48 28 Aug15

(1.60%) (3.35%) 2.63% 16.86% 13.67% 9.33% 5.42% (24.78%)Jun 07 - Dec 08

ALTAI CAPITAL PARTNERS OFFSHORE, LTDALTAI CAPITAL MANAGEMENT, L.P.

31 Oct 09 Q $361MJun 15

214.89 31 Jul 15 (13.20%) (2.07%) 24.91% 52.07% -0.05% 14.23% 19.58% (22.85%)May 11 - May 12

ANDALUSIAN CORPORATE OPPORTUNITIES FUNDLPMichael Reeber, Harrison M. Wreschner

31 Jul 09 Q $240MAug 15

261.02 31 Jul 15 (4.85%) (4.46%) 5.37% 41.15% 30.08% 17.33% 10.12% (10.80%)Aug 14 - Jul 15

DAVIDSON KEMPNER INTL, LTD - CLASS C Tranche 1Thomas L. Kempner, Jr.

31 Oct 95 Q $7'257MMar 15

498.74 28 Aug15

(0.51%) 1.89% 5.15% 10.24% 8.49% 8.44% 3.72% (11.22%)Oct 07 - Nov 08

DROMEUS GLOBAL OPPORTUNITIES FUNDDromeus Capital Management Ltd

30 Jun 08 M $90MNov 14

200.94 31 Jul 15 (0.89%) (9.67%) 1.92% 11.65% 20.78% 10.35% 9.62% (16.37%)Jun 14 - Jul 15

GREYWOLF CAPITAL OVERSEAS FUNDGreywolf Capital Management LP

31 Jul 03 Q $1'000MJun 15

281.52 31 Jul 15 (6.65%) (6.89%) 5.67% 15.74% 3.8% 9.00% 9.60% (27.67%)Jul 07 - Dec 08

KG INVESTMENT FUND LLCKG Funds Management LLC

31 Dec 08 Q $135MJul 15

312.86 31 Aug15

(2.33%) 10.95% 8.97% 26.85% 21.93% 18.65% 13.33% (20.31%)Dec 08 - Feb 09



InceptionDates

Liquidity AssetSize

Last NAV orIndex



(1.51%)

KITE LAKE (KL) SPECIAL OPPORTUNITIES FUND LTDJamie Sherman & Jan Lernout

31 Jan 11 Q $146MJul 15

136.50 31 Jul 15 0.71% 4.95% 1.31% 9.44% 11.94% 7.16% 5.63% (8.21%)Mar 12 - Jun 12

OWL CREEK OVERSEAS FUND, LTDJeffrey Altman

31 Jan 02 Y $3'010MJun 15

4,459.56 31 Aug15

(1.90%) (3.79%) -8% 48.63% 11.07% 11.63% 12.80% (20.92%)Mar 10 - Sep 11

PERSHING SQUARE INTL.LTDWilliam Ackman

31 Dec 04 Q/Y $6'047MJun 15

5,149.16 31 Aug15

(7.60%) 0.83% 37.24% 9.3% 12.39% 16.60% 13.80% (20.35%)Jan 08 - Feb 09

PSAM WORLDARB MASTER FUND LTDP. Schoenfeld Asset Management LP

31 Aug 98 Q $1'100MJun 15

356.28 31 Jul 15 (1.10%) (1.85%) 3.51% 18.08% 10.66% 7.80% 6.63% (29.14%)May 07 - Nov 08

SOLUS SOLA LTD CL. IChris Pucillo, Scott Martin, CJ Lanktree

31 Dec 01 Q $4'044MAug 15

1,249.95 31 Aug15

(1.12%) 1.32% 10.04% 31.78% 9.11% 20.29% 13.77% (21.93%)Feb 08 - Apr 09

SOMERSET SPECIAL OPPORTUNITIES FUND LPRobert Feingold

31 Jul 07 Q $134MJun 15

170.89 31 Jul 15 (2.37%) (3.09%) -7.02% 12.75% 11.33% 6.92% 10.50% (25.61%)Aug 08 - Mar 09

TRIAN PARTNERS LTDNelson Peltz, Peter May & Ed Garden

31 Dec 05 Q $2'964MAug 15

211.33 28 Aug15

(3.76%) (2.38%) 10.52% 40.06% 0.9% 8.05% 12.86% (30.56%)May 07 - Feb 09

TRISHIELD SPECIAL SITUATIONS FUND LLCJeff Buick and Robert Harteveldt.

31 May 08 Y $194MJul 15

4,972.42 31 Jul 15 (7.54%) (8.89%) 15.65% 22.84% 52.21% 25.07% 30.25% (31.26%)Feb 11 - Oct 11

TYRUS CAPITAL EVENT FUND LTDTony Chedraoui

30 Sep 09 Q $2'600MJul 15

155.13 31 Aug15

(2.63%) 0.09% 7.65% 15.74% 6.77% 7.70% 7.02% (9.46%)Jun 14 - Oct 14

WHITEBOX MULTI-STRATEGY FUNDAndrew Redleaf, Paul Twitchell, Rob Vogel, Jason Cross

31 Dec 01 Q $578MJan 15

567.29 21 Aug15

(0.73%) 0.73% 6.16% 18.09% 11.38% 13.56% 9.50% (34.40%)Jun 08 - Dec 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Fixed IncomeYtd Avg. 2015 2.20%

Fixed Income/GlobalYtd Avg. 2015

2.20%

AXONIC SYSTEMATIC ARBITRAGE OVERSEAS FUNDLTDOlivier De Bellefonds, Arnaud De Bevy

31 Mar 12 M $227MJun 15

131.96 31 Jul 15 (1.83%) (5.19%) 18.57% 22.85% -4.45% 8.67% 10.50% (10.06%)Jun 12 - Sep 12

BLACKROCK FIXED INCOME GLOBAL ALPHA FUNDTim Webb

30 Sep 06 M $5'200MJul 15

212.02 31 Aug15

0.22% (0.91%) 3.78% 6.04% 14.73% 8.79% 5.12% (10.54%)Jun 08 - Dec 08

BLACKROCK OBSIDIAN FUNDStuart Spodek

30 Jun 96 M $1'900MJul 15

6,980.77 28 Aug15

(2.25%) 0.34% 5.23% 10.83% 34.27% 10.67% 9.11% (20.93%)Jan 08 - Feb 09

CAPULA GLOBAL RELATIVE VALUE FUND LTD CLASS-A-Yan Huo, Masao Asai

30 Sep 05 Q $7'770MAug 15

254.64 31 Aug15

1.19% 5.60% 8.15% 7.56% 0.43% 9.88% 4.40% (7.41%)Feb 08 - Mar 08

III FUND LTDCliff G Viner

30 Jun 93 M $115MJul 15

4,195.45 21 Aug15

(0.16%) 4.29% 2.87% 13.44% 11.83% 6.69% 10.72% (54.77%)Jan 08 - Nov 08

III RELATIVE VALUE CREDIT STRATEGIES FUND LTDLester Coyle

31 Oct 05 M $171MFeb 15

1,855.14 21 Aug15

(0.50%) (0.99%) 5.23% 8.5% 10.22% 6.50% 7.65% (31.27%)Nov 07 - Dec 08

KLS DIVERSIFIED FUND LTDJeff Kronthal ; Harry Lengsfield ; John Steinhardt

31 Jul 08 Q $1'141MAug 15

167.01 31 Aug15

(1.25%) 1.59% 6.76% 1.58% 7.35% 7.50% 3.32% (4.10%)Apr 13 - Jul 13

LMR ALPHA RATES TRADING FUND, LTDLMR Partners

31 May 14 M $255MJul 15

116.35 31 Aug15

0.63% 10.88% 4.93% 12.86% 2.95% (0.15%)Mar 15 - Apr 15

LONDON DIVERSIFIED FUND, LTD - ERobert Standing

30 Jun 05 Q $152MJul 15

1,095.25 31 Jul 15 0.69% (1.60%) 0.27% 0.45% 4.86% 0.91% 6.40% (29.25%)Jan 08 - Dec 08

PELAGUS CAPITAL FUNDBruno Usai

31 Dec 07 M $50MJul 15

190.17 31 Aug15

(0.44%) (2.95%) -4.09% 3.38% 4.47% 8.74% 5.64% (8.75%)Oct 13 - Jun 15

PINE RIVER LIQUID RATES FUNDPine River Capital Management L.P.

30 Nov 11 M $1'052MAug 15

139.54 31 Aug15

0.97% 7.86% 2.27% 7.96% 11.71% 9.28% 6.26% (7.68%)Mar 12 - May 12

PROLOGUE FEEDER FUND, LTD. CLASS ADavid Lofthouse, Graham Walsh

31 Jan 06 Q $1'245MJun 15

1,916.07 21 Aug15

(0.37%) 2.80% -3.34% 2.51% 6.02% 7.04% 3.90% (6.61%)May 13 - Aug 14

SANCTUM FIXED INCOME FUNDSanctum FI, LLP

31 Aug 03 M $216MAug 15

195.51 21 Aug15

(0.25%) 6.85% -0.27% 3.36% 1.91% 5.75% 8.58% (23.61%)Jul 08 - Oct 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex


ArbitrageYtd Avg. 2015 2.44%

Arbitrage/GlobalYtd Avg. 2015

2.44%

HSBC MAA FUND USDHSBC Alternative Investments Limited

15 Jun 95 Q/M $90MMay 15

225.36 21 Aug15

(0.01%) 2.44% 4.48% 4.95% 4.21% 4.10% 4.57% (25.30%)Jul 07 - Dec 08

Event DrivenYtd Avg. 2015 1.76%

Event Driven/GlobalYtd Avg. 2015

1.76%

GEMS PROGR. FUND SICAV RECOVERY PORTFOLIOREGULAR USDDavid Goldfarb, Miguel Abadi, Cedric Carrol

31 Dec 01 Q $73MJun 15

2,442.91 28 Aug15

(0.12%) 1.64% -0.44% 8.61% 5.91% 6.75% 6.45% (23.23%)Jun 08 - Dec 08

HSBC CREDIT MARKET OPPORTUNITIES FUND USDCLASS COMPOSITEHsbc Management (Guernsey) Ltd

31 May 09 Q $42MMay 15

121.29 21 Aug15

(0.46%) 0.81% 2.75% 9.19% 8.74% 4.84% 5.39% (9.16%)Feb 11 - Dec 11

HSBC SPECIAL OPPORTUNITIES FUND LTDHSBC Alternative Investments Limited

28 Feb 07 Q $68MMay 15

139.10 21 Aug15

(0.76%) 2.83% 4.75% 13.97% 20.63% 3.97% 9.38% (35.45%)Jun 08 - Mar 09

MacroYtd Avg. 2015 0.98%

Macro/GlobalYtd Avg. 2015

0.98%

MASTERS FUND LTD MAGNOLIA SERIESSean M. Doyle

31 Dec 96 Q $272MJun 15

5,309.10 21 Aug15

0.62% 0.98% 1.97% 11.1% 1.49% 9.36% 8.44% (9.96%)Jul 98 - Oct 98

Multi-StrategyYtd Avg. 2015 2.76%


2.76%

DIAMOND CAPITAL MANAGEMENTElchanan Jaglom, Daniel Jaglom

31 Oct 02 Q $133MJul 15

185.97 31 Jul 15 (0.35%) 2.61% 1.42% 10.45% 2.61% 4.98% 4.16% (14.18%)Jun 08 - Dec 08

GAM DIVERSITY I INC - US$ CLASSDavid Smith

31 Dec 89 M $506MJun 15

759.93 24 Aug15

(2.93%) 0.45% 0.19% 10.49% 6.67% 8.22% 7.80% (19.64%)Jan 94 - Jan 95

GAM DIVERSITY II INC - US$ CLASSDavid Smith

31 Jul 98 M $54MMay 15

236.75 17 Aug15

(0.56%) 2.81% 0.15% 10.34% 6.54% 5.18% 7.10% (18.79%)Oct 07 - Dec 11

GAM TRADING II USDDavid Smith, Arvin Soh

30 Apr 97 M $770MJul 15

349.70 24 Aug15

(0.76%) 2.24% 4.08% -0.45% 2.83% 7.07% 5.73% (7.34%)Apr 13 - Oct 13



InceptionDates

Liquidity AssetSize

Last NAV orIndex



2.76%

HSBC GH FUND USDHSBC Alternative Investments Limited

31 May 96 M $2'012MMay 15

344.72 21 Aug15

(0.43%) 3.89% 4.77% 8.51% 5.4% 6.65% 6.14% (18.30%)Jun 08 - Dec 08

HSBC LEVERAGED GH FUNDHSBC Republic Investment Limited

30 Nov 04 M $2'012MMay 15

169.09 21 Aug15

(0.96%) 6.64% 7.61% 15.12% 8.72% 5.02% 11.02% (37.09%)Jun 08 - Dec 08

HSBC UCITS ADVANTEDGE FUND -USD CLASSHsbc Alternative Inv. Ltd

31 Oct 09 W €222MJul 15

99.29 26 Aug15

(2.14%) 0.66% -1.57% 7.25% 1.38% (0.11%) 3.82% (8.81%)Apr 10 - Dec 11

TradingYtd Avg. 2015 (0.63%)

Trading/GlobalYtd Avg. 2015

(0.63%)

HSBC TRADING ADVANTEDGE FUNDHSBC Alternative Investments Limited

31 Oct 05 M $69MMay 15

150.21 21 Aug15

(0.55%) (0.63%) 16.59% -8.75% -5.39% 4.23% 9.76% (20.93%)Apr 11 - Sep 13



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity-DiversifiedYtd Avg. 2015 (0.56%)

Equity-Diversified/EmergingYtd Avg. 2015

(0.56%)

RUSSIAN PROSPERITY FUND - AAlexander Branis

31 Aug 96 W $610MJul 15

132.07 27 Aug15

(9.22%) (0.56%) -43.99% 3.11% 20.19% 14.73% 44.04% (90.26%)Jul 97 - Jan 99



InceptionDates

Liquidity AssetSize

Last NAV orIndex


CommodityYtd Avg. 2015 (2.36%)

Commodity/GlobalYtd Avg. 2015

(2.36%)

ANDURAND COMMODITIES FUNDPierre Andurand

31 Jan 13 M $525MJul 15

1,440.65 31 Jul 15 3.40% 4.82% 38.31% 25.02% 26.90% 20.83% (14.92%)Jul 13 - Sep 14

MERCHANT COMMODITY FUND (THE) - COMPOSITEMichael Coleman and Doug King

31 May 04 M $241MJul 15

509.90 31 Aug15

(10.60%) (10.29%) 59.33% 15.77% -7.6% 15.57% 22.15% (36.93%)Dec 10 - Oct 11

MERRICKS CAPITAL SOFT COMMODITIESMerricks Capital Pty Limited

31 Jan 08 M $287MJul 15

179.75 31 Jul 15 3.09% (1.61%) 4.06% 8.79% 4.98% 8.13% 7.05% (8.59%)May 15 - Jun 15

Commodity-SystematicYtd Avg. 2015 12.30%

Commodity-Systematic/GlobalYtd Avg. 2015

12.30%

MILLBURN COMMODITY PROGRAMMillburn Ridgefield Corporation

28 Feb 05 M $77MJul 15

200.79 02 Sep15

2.84% 12.30% 28.09% -7.65% -15.24% 6.85% 12.55% (30.96%)Apr 11 - Nov 13

CurrencyYtd Avg. 2015 (0.64%)

Currency/AsiaYtd Avg. 2015

(1.60%)

DYMON ASIA MACRO FUND (SERIES A)Danny Yong

31 Jul 08 M $3'040MJun 15

167.79 31 Aug15

(0.90%) (9.26%) 18.75% 5.19% 0.96% 7.57% 11.60% (13.69%)Jul 08 - Sep 08

THE CAMBRIDGE STRATEGY - ASIAN MARKETSCURRENCY ALPHAAlexandra Edstein

31 Jan 06 M $72MJun 15

184.58 21 Aug15

3.99% 6.06% 8.72% 1.06% 0.86% 6.62% 8.17% (6.96%)May 13 - Apr 14

Currency/GlobalYtd Avg. 2015

0.33%

HARNESS MACRO CURRENCY FUNDHarness Investment Group Ltd

31 Mar 09 D $783MAug 15

143.24 01 Sep15

(0.29%) (7.41%) 8.28% 3.51% 17.65% 5.75% 10.74% (13.52%)Apr 10 - Aug 10

THE CAMBRIDGE STRATEGY - EMERGING MARKETSCURRENCY ALPHAAndrew Saunders

31 Jan 08 M $86MJun 15

192.22 21 Aug15

3.10% 8.06% 16.61% -0.3% 7.42% 9.03% 8.27% (10.76%)May 13 - Sep 13

DiversifiedYtd Avg. 2015 2.86%



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Diversified/AsiaYtd Avg. 2015

1.92%

ALPHADYNE INVESTMENT STRATEGIES FUND LTDBart Broadman, Philippe Khuong-Huu

31 Jan 07 M $487MJun 15

2,061.08 31 Aug15

2.45% 5.29% 5.69% 12.15% 7.06% 8.79% 5.04% (5.92%)Jan 14 - Jun 14

BREVAN HOWARD ASIA FUND LIMITEDKaspar Ernst

30 Sep 04 M $2'690MJun 15

248.68 31 Jul 15 0.81% 3.25% 3.55% 11.55% 4.41% 8.77% 3.71% (1.94%)Jan 10 - Mar 10

GRATICULE ASIA MACRO FUNDAdam Levinson

28 Feb 11 Q $3'852MJul 15

148.04 28 Aug15

(0.99%) 2.20% -1.21% 17.08% 21.23% 9.11% 6.27% (5.97%)Dec 13 - Aug 14

RV CAPITAL ASIA OPPORTUNITY FUNDRanodeb Roy, RV Capital Management Private Ltd

31 Dec 11 M $180MJul 15

151.81 31 Jul 15 0.30% 1.00% 9.95% 13.06% 20.91% 12.35% 4.31% (2.37%)May 13 - Jun 13

SINFONIETTA FUNDSymphony Financial Partners

30 Jun 08 M $79MJun 15

178.40 31 Jul 15 (0.54%) (2.16%) -3.1% 34.5% 7.26% 8.38% 14.55% (14.37%)Jun 08 - Mar 09

Diversified/EmergingYtd Avg. 2015

0.24%

ALPHA4X CAPITAL GROWTH FUNDManuel E. Mejía-Aoun, Urvish Bidkar, Fabio Izzo

30 Apr 06 M $111MAug 15

181.55 31 Aug15

7.36% 10.24% 6.85% -7.33% 2.54% 6.59% 7.39% (14.63%)Jun 13 - Jun 14

BLUECREST EMERGING MARKETS FUNDSBluecrest Capital Management LLP

31 Aug 05 Q $713MJul 15

212.83 31 Jul 15 0.26% 1.92% 5.65% 4.65% 10.9% 7.92% 10.02% (22.89%)Oct 07 - Oct 08

FINISTERRE GLOBAL OPPORTUNITY FUNDDarren Walker

31 Mar 06 M $938MJul 15

228.62 31 Jul 15 (1.42%) 7.05% 11.35% 5.36% 7.75% 9.26% 7.16% (18.02%)Jun 08 - Oct 08

FINISTERRE SOVEREIGN DEBT FUNDXavier Corin-Mick

31 Mar 03 M $708MMay 15

240.83 31 Jul 15 (6.35%) (12.87%) 5.41% 4.47% 4.3% 7.38% 7.77% (21.00%)Jun 08 - Oct 08

GAVEA FUND LTD . CLASS A S/1Fraga Arminio and Gabriel Srour

31 Jul 03 Q $627MJul 15

245.48 28 Aug15

1.66% 10.27% -5.31% 2.71% 8.19% 7.71% 7.04% (12.50%)Jul 08 - Oct 08

GREEN FUND LLC GREEN CLASSLuis Stuhlberger

31 Jan 01 M $573MMay 15

730.08 27 Aug15

(1.82%) 4.09% -3.49% 9.9% 13.55% 13.70% 13.55% (33.00%)Jun 08 - Nov 08

PHARO GAIA FUND, LTDGuillaume Fonkenell and Michael Skarbinski

30 Nov 08 Q $343MJun 15

2,237.40 31 Jul 15 3.17% 4.25% 17.5% 6.73% 1.1% 13.52% 13.11% (14.76%)May 13 - Jun 13

PHARO TRADING FUND, LTDGuillaume Fonkenell

30 Nov 00 M $393MJul 15

5,127.15 31 Jul 15 2.40% (3.91%) 12.47% 19.65% 0.69% 11.78% 10.91% (14.89%)Aug 14 - Jun 15

SPINNAKER GLOB OPP FUND, LTD COMPOSITEJorge Rosas

31 Jan 01 Q $830MFeb 15

510.10 15 Aug15

0.45% (3.69%) 6.72% 0.97% 14.12% 11.85% 9.11% (31.74%)May 08 - Feb 09

THE CAMBRIDGE STRATEGY - APOLLO (EM MACRO)ABSOLUTE RETURNRussell Thompson, Walid Khalfallah, Ali BoraYigitbasioglu

30 Apr 09 M $116MJun 15

130.69 21 Aug15

(0.12%) (14.97%) 7.91% -2.05% 12.92% 4.33% 7.49% (14.97%)Dec 14 - Aug 15

Diversified/GlobalYtd Avg. 2015

3.70%

ATREAUS OVERSEAS FUND LTDAtreaus Capital LP

30 Apr 12 M $740MJul 15

125.08 31 Aug15

2.33% 13.29% 9.09% 1.01% 0.2% 6.93% 7.72% (3.82%)Jan 13 - Sep 13



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.70%

BREVAN HOWARD FUND, LTD - USD CLASS AAlan Howard

31 Mar 03 M $21'201MJun 15

314.86 31 Jul 15 0.33% 1.96% -0.79% 2.68% 3.93% 9.74% 6.72% (8.47%)Apr 13 - Jun 14

BTG PACTUAL GLOBAL EM. MKTS AND MACRO FDBTG Pactual Global Asset Management

31 Jan 09 M $4'284MJul 15

2,852.59 31 Aug15

0.80% 6.64% -4.66% 9.65% 28.12% 17.26% 7.65% (12.56%)Jun 14 - Jan 15

CANOSA GLOBAL MACRO FUND LTDTim Attias, Santiago Alarco

30 Apr 13 M $1'354MMay 15

108.85 31 Aug15

(4.10%) 6.98% -6.96% 9.34% 3.69% 9.87% (9.40%)Feb 14 - Oct 14

CAXTON GLOBAL INVESTMENT LTDAndrew E. Law

31 Jan 97 Q $5'902MJun 15

965.39 01 Sep15

0.29% 8.47% -1.38% 18.16% 1.96% 12.97% 7.42% (7.37%)Jun 07 - Aug 07

COMMONWEALTH OPPORTUNITY CAYMAN FUNDLTDAdam Fisher

30 Nov 08 M $545MJul 15

221.83 28 Aug15

0.28% 1.55% 6.19% 5.39% 15.64% 12.54% 9.16% (10.38%)Jan 09 - Feb 09

ECLECTICA FUND CLASS A EURO (THE)Hugh Hendry

30 Sep 02 M $81MJun 15

275.85 21 Aug15

(4.00%) 6.46% 9.48% -0.01% -1.72% 8.18% 20.33% (31.94%)Feb 08 - Sep 08

ELEMENT CAPITAL FUNDJeffrey Talpins

31 Mar 05 M $'6176MJul 15

79,878.83 31 Jul 15 2.79% 18.54% 2.91% 19.44% 2.73% 22.26% 9.75% (7.83%)Oct 07 - Apr 08

EPISODE INC. CLASS ADavid Fishwick / Tony Finding

31 Jul 05 Q $1'287MMay 15

151.14 21 Aug15

(3.12%) 2.08% 7.77% 6.14% -4.69% 4.19% 10.80% (32.77%)Oct 07 - Feb 09

FORTRESS MACRO FUND LTD. CLASS AMichael E. Novogratz

31 Dec 08 M $1'589MJul 15

1,166.69 31 Jul 15 1.36% (9.41%) -1.62% 14.11% 17.82% 5.02% 7.77% (12.07%)Dec 13 - Jun 15

GAM GLOBAL RATES HEDGE FUNDAdrian Owens

31 Jan 04 M $511MJul 15

235.41 25 Aug15

(2.90%) 3.36% 4.72% -0.11% 14.71% 7.68% 7.20% (12.25%)Mar 11 - Sep 11

GAMUT INVESTMENTSAdrian Owens

30 Jun 86 M $73MMay 15

8,556.22 31 Aug15

(2.18%) 3.76% 5.1% -2.83% 0.29% 16.47% 12.97% (13.45%)Dec 87 - Apr 88

GRAHAM ABSOLUTE RETURN TRADING LTDGraham Capital Management, L.P.

31 Dec 04 Q $798MJul 15

452.09 01 Sep15

(0.37%) 1.40% 10.41% 10.5% 9.29% 12.56% 9.84% (13.31%)May 07 - May 08

GRAHAM GLOBAL INVESTMENT FUND II -DISCRETIONARY ENHANCED VOL -CLASS - B -Kenneth G. Tropin

31 May 04 Q $2'429MJul 15

243.52 01 Sep15

0.22% 1.47% 6.53% 7.57% 7.8% 10.87% 10.33% (30.81%)May 07 - Jun 08

GRAHAM GLOBAL INVESTMENT FUND-DISCRETIONARYKenneth G. Tropin

31 May 04 Q $2'429MJul 15

274.63 01 Sep15

(0.21%) 0.34% 3.18% 3.63% 3.83% 6.02% 5.17% (14.81%)May 07 - Jun 08

HARMONIC ALPHA PLUS MACRO FUND - USD CLASSRichard Conyers

30 Apr 03 M $96MJul 15

137.56 28 Aug15

2.57% (0.73%) 8.27% -8.34% 23.45% 5.59% 11.80% (18.17%)Aug 12 - Feb 14

LONDON SELECT FUND LIMITEDDavid Gorton

31 Mar 04 M $460 MApr 15

1,814.57 21 Aug15

(2.55%) 2.40% 2.53% 9.34% 5.37% 5.37% 9.34% (34.17%)Jan 08 - Dec 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.70%

MELLON OFF GLOB OPP FUND LTD -MULTICURRENCY - A1Alexander Huberts & Jeff Zhang

30 Nov 05 M $137MJan 15

1,248.24 31 Jul 15 0.73% 9.36% -1.12% 1.21% -2.53% 2.32% 8.92% (31.90%)Jan 07 - Oct 08

MKP ENHANCED OPPORTUNITY OFFSHORE, LTDMKP Capital Management, LLC

31 Jul 13 M $701MJun 15

108.10 31 Aug15

(1.62%) 6.07% -3.61% 4.36% 3.16% 7.43% (10.18%)Dec 13 - Aug 14

MKP OPPORTUNITY OFFSHORE, LTDMKP Capital Management, L.L.C.

31 Jul 01 M $2'238MJun 15

315.55 31 Aug15

(1.06%) 4.25% -2.1% 7.09% 6.9% 8.50% 5.33% (6.65%)Dec 13 - Aug 14

MLM MACRO PEAK PARTNERS OFFSH FD, LTD - BTimothy Rudderow

31 Mar 02 M $832MMay 15

2,676.02 31 Aug15

(5.84%) (1.08%) 13.66% 23.84% -0.76% 7.61% 17.71% (36.99%)Dec 10 - May 12

MOORE GLOBAL INV FD, LTD - A $Louis Bacon

31 Dec 89 Q $4'400MMar 15

59,304.13 20 Aug15

(0.84%) 4.20% 1.74% 17.02% 8.82% 17.25% 11.49% (18.45%)Jan 94 - Feb 95

MOORE MACRO MANAGERS FUND, LTD CLASS -A-Louis Bacon

31 Jul 93 Q $7'200MMar 15

15,119.71 20 Aug15

0.47% 4.30% 5.54% 13.49% 9.01% 13.10% 8.13% (14.47%)Jan 94 - Feb 94

OMNI MACRO FUND I LIMITEDStephen Rosen

30 Apr 07 M $563MJun 15

275.09 31 Aug15

5.88% 6.02% 5.71% -4.87% 0.74% 12.90% 12.43% (14.14%)Aug 10 - Apr 11

ONEWALL GLOBAL FUNDJeff Brummette

31 Aug 11 M $114MAug 15

143.38 28 Aug15

0.39% (0.74%) 0.01% 35.98% 12.01% 9.44% 10.04% (10.67%)Dec 13 - Apr 14

ONSLOW MACRO FUND CLASS ANicolas Galperin, Esteban Klein

31 Dec 07 M $106MJul 15

141.51 31 Jul 15 1.33% 3.20% -7.94% 7.16% -6.72% 4.64% 13.76% (25.48%)Sep 08 - Oct 08

PHARO MACRO FUND, LTDPharo Team

30 Apr 05 Q $4'048MJul 15

3,151.07 31 Jul 15 3.26% 2.13% 8.23% 18.51% 12.53% 11.84% 8.61% (9.64%)Jun 08 - Nov 08

PIMCO ABSOLUTE RETURN STRATEGY IVOFFSHORE FUND II , CL. A/1Qi Wang

31 Mar 02 Q $2'105MJul 15

2,557.32 31 Jul 15 (0.32%) 4.26% 5.86% -0.44% 12.01% 7.29% 8.17% (25.88%)May 08 - Nov 08

PINPOINT MULTI-STRATEGY FUNDQiang Wang

29 Feb 08 M $168MJul 15

190.84 21 Aug15

(2.32%) 12.90% 8.37% 4.65% 6.19% 9.03% 11.64% (17.36%)Jun 08 - Nov 08

POTOMAC RIVER CAPITAL MASTER FUNDMark W. Spindel

28 Feb 11 M $142MMay 15

131.44 31 Aug15

(6.13%) (7.93%) 5.19% 9.3% 5.55% 6.25% 10.41% (10.64%)Dec 13 - May 14

PWP GLOBAL MACRO FUNDMaria Vassalou,

30 Sep 13 M $448MJul 15

114.12 31 Jul 15 1.05% (3.61%) 17.22% 1% 7.47% 6.44% (6.34%)Jan 15 - Jun 15

RUBICON GLOBAL FUND, LTDPaul Brewer

31 Oct 99 M $757MJul 15

604.44 31 Aug15

10.70% 13.96% 1.72% 18.27% -3.89% 12.03% 15.00% (36.03%)Dec 04 - May 07

TREND MACRO OFFSHORE LTDAshwin Vasan

31 Jul 11 M $490MJun 15

134.11 28 Aug15

0.46% 5.15% -0.67% 14.81% 16.56% 7.46% 5.75% (6.45%)Aug 11 - Jun 12

TT INTERNATIONAL FUNDTacchi Tim

31 Aug 89 M $213MJul 15

7,159.10 31 Aug15

(0.85%) 2.27% -8.57% 7.65% 4.27% 7.80% 13.98% (27.05%)Jan 94 - Jan 95



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.70%

TUDOR B.V.I GLOBAL FUND LTD -A- ALT SERIES 01Paul Tudor Jones

31 Dec 11 Q $8'453MJul 15

133,868.99 31 Aug15

(0.79%) 1.18% 3.47% 14.29% 6.27% 6.76% 7.00% (4.42%)Dec 13 - May 14

TUDOR BVI GLOBAL FUND LTD CLASS -A- SERIES 01NIPaul Tudor Jones

31 Oct 86 Q $8'453MJul 15

130,681.94 31 Aug15

(0.90%) 0.62% 2.65% 13.99% 5.41% 18.40% 18.32% (17.07%)Apr 92 - Jul 92

TUDOR DISCRETIONARY MACRO FUND CLASS ISeries 01Multi-PM Platform

30 Jun 12 Q $1'777MJul 15

1,187.22 31 Aug15

0.34% 1.85% 0.15% 13.2% 2.82% 5.56% 7.11% (9.27%)Jun 13 - Jun 14

Fixed IncomeYtd Avg. 2015 3.30%

Fixed Income/GlobalYtd Avg. 2015

3.30%

HALKIN ACCURATE FX INCOME INDEXJoao Poppe, Narciso Vega

31 Dec 07 D €42MJul 15

97.51 02 Sep15

0.37% 0.10% -2.7% 2.39% 1.85% 3.62% 6.08% (5.68%)Aug 10 - Mar 11

MARKHAM RAE I SUB FUNDChristopher Brandt

30 Sep 11 M $193MJul 15

11.75 31 Jul 15 (0.57%) 6.50% 6.89% -6.81% 5.77% 4.29% 9.52% (19.31%)May 13 - Jul 14

SystematicYtd Avg. 2015 (4.59%)

Systematic/GlobalYtd Avg. 2015

(4.59%)

EAGLE DIRECTIONAL MACROEagle Trading Systems Inc.

31 Dec 08 M $49MJul 15

117.16 31 Aug15

1.77% (6.45%) 15.5% -9.64% 5.22% 2.40% 18.07% (27.47%)May 12 - Apr 14

EAGLE QUANTITATIVE MACROEagle Trading Systems Inc. (Menachem Sternberg)

30 Sep 06 M $366MJul 15

179.30 31 Aug15

0.08% (6.07%) 11.34% -10.32% 8.57% 6.76% 13.61% (22.33%)May 12 - Apr 14

HIGHER MOMENT AURORA FUND,LPRavi Singh

31 Mar 08 M $84MApr 15

165.90 31 Jul 15 1.12% (1.25%) 11.69% 5.5% 9.42% 7.14% 6.09% (9.63%)Jun 09 - Aug 09



InceptionDates

Liquidity AssetSize

Last NAV orIndex


CurrencyYtd Avg. 2015 3.53%

Currency/GlobalYtd Avg. 2015

3.53%

MAN AHL CURRENCY FUND DN USDMatthew Sargaison and Emidio Sciulli

31 Jul 93 M $22MJun 15

146.36 27 Aug15

9.36% 9.28% 58.05% -11.24% 1.13% 12.92% 24.01% (31.58%)Apr 11 - Jun 12

ORTUS FUND (CAYMAN) LTDDr Joe Zhou

30 Sep 03 M $108MJan 15

204.81 14 Aug15

0.26% (2.21%) 7.42% -17.32% -17.33% 6.22% 11.68% (33.53%)Jan 12 - Sep 14

SystematicYtd Avg. 2015 (0.10%)


(0.10%)

AHL EVOLUTIONTim Wong , Matthew Sargaison

31 Aug 05 M $2'900MJun 15

1.49 28 Aug15

(0.54%) 3.98% 20.31% 16.91% 23.53% 15.30% 12.47% (13.16%)Jun 08 - Oct 08

AHL ALPHATim Wong, Matthew Sargaison

30 Sep 95 M $3'000MJun 15

1.30 28 Aug15

0.32% 1.84% 22.83% -1.51% -0.06% 12.69% 12.35% (12.29%)Oct 01 - Feb 02

AHL DIVERSIFIEDTim Wong, Matthew Sargaison

29 Feb 96 W $4'300MJun 15

1.47 28 Aug15

(0.26%) (0.84%) 33.79% -3.05% -2.23% 13.46% 16.62% (19.53%)Oct 01 - Apr 02

ASPECT DIVERSIFIED FUND - CLASS AAnthony Todd

30 Nov 98 W $901MJul 15

416.86 01 Sep15

1.56% 3.92% 32.04% -4.44% -10.66% 8.89% 16.09% (22.19%)Feb 12 - Mar 14

BLUETREND FUND, LTD -USD- CLASS ASystematica Investments Limited

31 Mar 04 M $5'800MJun 15

329.10 21 Aug15

4.01% 7.19% 12.68% -11.5% 0.02% 11.02% 14.23% (22.05%)Apr 11 - Jan 14

BORONIA DIVERSIFIED FUND MASTERRichard Grinham and Angus Grinham

31 Aug 93 M $65MJul 15

1,987.54 02 Sep15

0.61% (5.71%) 14.33% 13.23% -3.99% 9.08% 11.54% (14.56%)Feb 08 - Apr 12

BREVAN HOWARD SYSTEMATIC TRADING FUND LTDBH-DG Systematic Trading LLP

30 Apr 06 D $461MJun 15

188.97 31 Jul 15 2.13% 1.90% 10.81% 2.09% -3.33% 7.12% 10.98% (15.21%)Apr 11 - Apr 14

CAMPBELL GLOBAL ASSETS FUND LTD Class ACampbell & Company

31 Jan 98 M $101MJul 15

4,535.08 02 Sep15

1.12% (3.08%) 19.84% 12.57% 4.52% 8.97% 13.29% (21.17%)Jun 07 - Jan 10

CAMPBELL GLOBAL ASSETS FUND LTD Class BCampbell & Company

30 Jun 02 M $101MJul 15

3,649.59 02 Sep15

1.09% (2.00%) 14.38% 11.34% 1.84% 6.78% 11.54% (22.92%)Jun 07 - Aug 07

CANTAB CAPITAL PARTNERS QUANTITATIVE FUND(THE) - USD ARISTARCHUSEwan Kirk, Erich Schlaikjer, Cantab Capital

28 Feb 07 M $3'200MMay 15

1,826.03 31 Aug15

(10.36%) (10.45%) 39.32% -27.65% 15.32% 7.52% 18.12% (34.86%)Apr 13 - Apr 14

CARLYLE TREND FOLLOWING FUNDDGAM Team

30 Apr 14 M $86MJul 15

132.75 31 Jul 15 2.50% (2.07%) 35.55% 25.38% 17.40% (10.49%)Mar 15 - Jun 15

CONQUEST MACRO FUND, LTD (COMP)Marc Malek

30 Apr 99 M $142MMar 15

2,498.43 02 Sep15

0.52% 22.23% 4.21% -6.62% -33.44% 5.76% 19.61% (56.11%)Jul 09 - Mar 13



InceptionDates

Liquidity AssetSize

Last NAV orIndex



(0.10%)

CRABEL FUND SPC LTD CLASS AToby Crabel

28 Feb 98 M $532MMay 15

5,456.91 28 Aug15

(5.57%) (6.67%) 8.67% 2.2% 15.53% 10.18% 15.74% (16.71%)Oct 98 - Jun 99

DB PLATINUM IV DBX SYSTEMATIC ALPHA INDEXFUND - CLASS I1CUDB Platinum Advisors

30 Jun 10 W $1'950MJul 15

129.44 28 Aug15

(3.48%) (2.24%) 14.41% 6.63% -3.96% 5.12% 8.28% (7.87%)Apr 13 - Aug 13

DISCUS FEEDER LTD CL. B USD STANDARDLEVERAGETeam managed

31 Dec 90 M $297MJul 15

1,181.33 28 Aug15

4.14% 1.59% 15.4% -10.32% -13.88% 10.76% 15.71% (34.56%)Jun 94 - Oct 95

DUNN WMA FUND, SADunn Capital Management LLP

31 Dec 10 M $267MJul 15

169.34 31 Jul 15 15.70% 9.65% 35.08% 33.42% -18.27% 12.18% 26.54% (27.38%)Aug 11 - Oct 12

DUNN WMA INSTITUTIONAL UCITS FUNDDunn Capital Management LLP

31 Aug 11 D $56MJul 15

136.41 01 Sep15

(0.90%) 8.06% 24.18% 33.48% -20.2% 8.06% 20.14% (27.86%)Aug 11 - Oct 12

EAGLE GLOBALMenachem Sternberg

30 Sep 95 M $55MAug 15

866,349.11 31 Aug15

(2.25%) (0.76%) -1.04% -15.88% 8.1% 11.44% 22.88% (37.45%)Apr 13 - Jul 14

EDGESTREAM NIAS FUNDEdgestream Partners, LP

30 Jun 04 M $675MJan 15

208.61 07 Aug15

0.05% 2.53% 11.42% 10.05% -0.82% 6.84% 6.70% (9.76%)Dec 04 - Sep 05

FORT GLOBAL DIVERSIFIEDYves Balcer, Sajiv Kumar

30 Sep 93 D $323MAug 15

2,512.66 28 Aug15

(2.69%) (2.72%) 19.02% -4.67% 7.12% 15.84% 18.84% (26.55%)May 99 - Sep 00

GRAHAM GIF II PROPRIETARY MATRIX SP SIES AKenneth G. Tropin

30 Jun 99 M $1'002MJul 15

383.36 01 Sep15

0.22% 0.04% 15.91% 13.72% -0.07% 8.66% 11.99% (17.90%)Apr 11 - Nov 12

GRAHAM GLOBAL INVESTMENT FUND II - K4D-10VKenneth G. Tropin

31 Jan 95 M $2'913MJul 15

431.42 01 Sep15

0.64% (0.73%) 17.71% 10.04% -4.91% 7.36% 12.17% (20.70%)Apr 11 - Nov 12

GRAHAM GLOBAL INVESTMENT FUND II - K4D-15V -COMPOSITEKenneth G. Tropin

31 Dec 00 M $2'913MJul 15

282.08 01 Sep15

0.97% (0.90%) 27.43% 15.25% -7.15% 10.93% 19.04% (29.84%)Feb 04 - Apr 05

GRAHAM GLOBAL INVESTMENT FUND TACTICALTREND S/AGraham Capital Management, L.P.

30 Sep 06 W $4'016MJul 15

244.90 01 Sep15

0.59% 4.73% 22.4% 8.44% 4.21% 10.56% 10.44% (8.00%)Nov 09 - Jan 10

ISAM SYSTEMATIC FUND CLASS AISAM Systematic Management

31 Mar 81 M $443MJul 15

29,194.30 31 Aug15

(1.11%) 3.77% 62.39% -10.66% -17.47% 17.92% 18.78% (34.79%)Feb 11 - Sep 13

KEYNES LEVERAGED QUANTITATIVE STRATEGIESFUND CLASS B SERIE 2Sushil Wadhwani,

31 Dec 04 W $278MJul 15

117.24 31 Aug15

(3.19%) 4.28% 15.91% -3.01% 7.19% 8.45% 12.13% (12.45%)Apr 06 - Sep 06

LYNX (BERMUDA) LTDJonas Bengtsson, Svante Bergstrom, Martin Sandquist

30 Apr 00 M $2'462MJul 15

5,620.86 01 Sep15

1.35% (7.03%) 27.03% 11.1% -6.71% 11.91% 14.45% (16.46%)Mar 15 - Aug 15

LYNX BERMUDA 1.5 LTDJonas Bengtsson, Svante Bergstrom, Martin Sandquist

30 Apr 08 M $471MMay 15

192.48 01 Sep15

2.03% (11.22%) 42.18% 16.7% -10.82% 9.33% 22.92% (24.32%)Mar 15 - Aug 15



InceptionDates

Liquidity AssetSize

Last NAV orIndex



(0.10%)

MILLBURN DIVERSIFIED PROGRAMMillburn Ridgefield Corporation

31 Jan 77 M $807MJul 15

22,248.45 02 Sep15

1.50% 3.50% 17.65% -6.02% -5.5% 15.03% 18.00% (25.65%)May 89 - Oct 89

MLIS - GRAHAM CAPITAL SYSTEMATIC MACROUCITS FUNDGraham Capital Management L.P.

30 Nov 10 D $89MJun 15

101.78 01 Sep15

(0.95%) (0.47%) 25.41% 11.59% -10.09% 0.37% 13.70% (31.34%)Feb 11 - Nov 12

QMS DIVERSIFIED GLOBAL MACROQMS CAPITAL MANAGEMENT LP

31 May 10 M $1'510MMar 15

172.99 31 Aug15

(3.21%) 0.93% 17.14% 22.88% 11.04% 10.99% 12.22% (11.27%)Dec 13 - Jul 14

RENAISSANCE INSTITUTIONAL FUTURES FUND LPRenaissance Technologies LLC

30 Sep 07 M $592MJul 15

125.18 31 Aug15

(5.69%) (2.01%) 7.45% 2.15% -3.17% 2.88% 11.01% (22.27%)Jun 08 - Jun 09

ROY G. NIEDERHOFFER DIVERSIFIED OFFSHOREFUNDR. G. Niederhoffer Capital Management, Inc.

31 Aug 95 M $595MJul 15

269.70 02 Sep15

3.30% (1.94%) 14.86% 9.31% -22.39% 5.08% 18.77% (52.73%)Nov 08 - Oct 12

SMN DIVERSIFIED FUTURES FUNDSMN Investment Services GmbH

31 Oct 96 W $81MApr 15

312.61 31 Aug15

(4.79%) (2.89%) 57.24% -5.95% -20.11% 8.05% 19.32% (37.70%)Dec 08 - Sep 13

SOLAISE SYSTEMATIC FUND LTD ( S Class)Ali Nejjar

31 May 11 M $392MAug 15

110.80 21 Aug15

(0.15%) 2.14% 12.26% 1.84% -0.15% 2.45% 11.56% (13.61%)Aug 11 - Aug 13

TEWKSBURY INVESTMENT FUND, LTD - BMatthew Tewksbury

31 Dec 90 M $2'260MJul 15

17,649.66 28 Aug15

0.20% (1.26%) 7% 7.57% 3.53% 12.34% 4.88% (7.75%)Jun 07 - Aug 07

TRADELINK INTEGRATED PROGRAM LTDAlex Brockmann

31 Dec 93 M $104MJun 15

2,907.71 31 Aug15

0.12% 0.09% 22.7% 7.76% -6.33% 16.82% 22.08% (36.53%)May 03 - Jan 05

TULIP TREND FUND, LTD - AProgressive Capital Partners Ltd

31 Mar 03 M $277MJun 15

4,172.06 31 Aug15

(14.66%) (16.73%) 36.15% -0.01% 4.89% 12.18% 26.41% (34.25%)Feb 09 - Jan 10

TWO SIGMA COMPASS CAYMAN FUNDTwo Sigma Investments, LLC

31 Jul 09 M $1'064MJun 15

2,322.99 31 Aug15

2.79% 3.08% 25.56% 14.07% 4.23% 14.84% 8.84% (9.85%)Apr 11 - Sep 11

WELTON GLOBAL DIRECTIONAL PORTFOLIOWelton Investment Partners

31 May 04 M $146MAug 15

213.10 31 Aug15

(7.30%) (5.58%) 34.01% -5.73% -8.12% 6.95% 14.12% (33.18%)Feb 11 - Sep 13

WINTON EVOLUTION FUND (THE)David Harding

31 Aug 05 M $319MJul 15

1,743.05 02 Sep15

1.17% (1.35%) 17.26% 14.56% -8.31% 5.71% 10.95% (14.61%)Jun 08 - Jul 09

WINTON FUTURES FUND - CLASS B - LEAD SERIESNON-VOT.David Harding

30 Sep 97 M $11'845MAug 15

1,010.87 02 Sep15

0.91% (1.13%) 13.87% 9.4% -3.56% 13.77% 16.52% (25.08%)Oct 01 - Feb 02



InceptionDates

Liquidity AssetSize

Last NAV orIndex


DiscretionaryYtd Avg. 2015 4.72%

Discretionary/AsiaYtd Avg. 2015

11.72%

AMAZON MARKET NEUTRAL FUND CLASS A USDPhilip King

31 Aug 05 M $271MJul 15

472.11 28 Aug15

4.31% 11.72% 11.2% 7.34% 1.85% 16.79% 11.44% (20.20%)Jun 08 - Dec 08

Discretionary/EuropeYtd Avg. 2015

3.43%

OYSTER MARKET NEUTRAL EURSyz Asset Management S.A.

31 Jul 09 W €261MMar 15

179.65 01 Sep15

0.03% 3.43% -0.18% 10.72% 6.4% 3.00% 4.14% (7.38%)Feb 14 - Aug 14

Discretionary/GlobalYtd Avg. 2015

4.92%

BLACK DIAMOND RELATIVE VALUE LTD -C-ShsClint Carlson

31 Jul 99 Q $959MMay 15

323.86 31 Aug15

(1.77%) (4.36%) 1.57% 8.26% 9.2% 7.57% 5.48% (8.65%)Mar 11 - Sep 11

MARSHALL WACE - MW MARKET NEUTRAL TOPS AUSDAnthony Clake.

31 Oct 07 M $804MJun 15

178.51 01 Sep15

(0.02%) 13.57% 13.34% 18.78% 15.02% 7.67% 6.52% (15.98%)Jun 08 - Nov 08

MLIS - MARSHALL W. TOPS UCITS FUND (MKT NTRL)Marshall Wace LLP

31 Dec 07 D $2'479MJun 15

135.75 01 Sep15

(0.06%) 5.54% 6.39% 7.58% 6.07% 4.07% 4.41% (11.63%)Jun 08 - Oct 08

Discretionary/JapanYtd Avg. 2015

3.01%

EQUILIBRIA JAPAN FUND LTD 1X USDJames Pulsford, Sara Gardiner-Hill

30 Apr 02 M $185MMay 15

252.90 21 Aug15

(1.56%) 2.12% 4.6% 9.16% -3.55% 7.22% 4.43% (7.20%)Jul 11 - Dec 12

EQUILIBRIA JAPAN FUND LTD 2X (USD)James Pulsford, Sara Gardiner-Hill

30 Apr 09 M $389MMay 15

168.27 21 Aug15

(3.14%) 3.90% 9.46% 19.7% -6.6% 8.59% 8.00% (13.42%)Jul 11 - Dec 12

Discretionary/UKYtd Avg. 2015

3.27%

ABSOLUTE INSIGHT UK EQUITY MKT NEUTRALFUND-CLASS B2P GBPAndrew Cawker, Iain Brown, Richard Howarth

31 Mar 08 D £783MMar 15

1.23 03 Sep15

0.02% 1.30% 0.6% 2.8% 3.49% 2.79% 1.40% (1.82%)Feb 14 - May 14

SCHRODER CAZENOVE UK ABSOLUTE TARGETFUND - P2 GBPSteven Cordell

30 Jun 08 D £297MJan 15

126.60 02 Sep15

0.16% 5.24% -3.98% 10.09% 4.08% 3.34% 5.05% (9.96%)Sep 09 - Dec 10

Equity DiversifiedYtd Avg. 2015 3.88%



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Equity Diversified/AsiaYtd Avg. 2015

(1.98%)

BLACKROCK PAN ASIA OPPORTUNITIES FUND LTDCLASS BJeff Shen, Ryan Kim, Ryan LaFond, Jan Bratteberg

31 Jul 10 M $883MAug 15

134.92 31 Aug15

(0.61%) 2.50% 3.78% 7.13% 2.92% 6.06% 5.04% (4.87%)Nov 13 - May 14

MACQUARIE ASIAN ALPHA FUNDNick Bird

30 Sep 05 M $1'900MAug 15

1,906.10 31 Aug15

(2.10%) (6.46%) 10.4% 9.04% 4.41% 8.49% 6.33% (14.05%)Oct 07 - Apr 09

Equity Diversified/EuropeYtd Avg. 2015

6.25%

BLACKROCK EUROPEAN DIVERSIFIED EQUITY A.R.F- SHARE CLASS DRobert Fisher/Simon Weinberger

30 Sep 10 D €358MFeb 15

136.90 02 Sep15

(0.41%) 7.02% 4.9% 16.13% -0.35% 5.92% 5.42% (13.12%)Mar 11 - May 12

GAM TALENTUM ENHANCED EUROPE LONG/SHORT -A -Gianmarco Mondani / Roberto Cantaluppi / PaoloLonginotti

30 Nov 04 M €349MJul 15

289.99 31 Aug15

1.59% 10.14% 3.54% 15.83% 16.66% 10.40% 8.81% (25.03%)Jun 08 - Apr 09

GLG EUROPEAN EQUITY ALTERNATIVE Class IN EURPierre Lagrange, Simon Savage, Neil Mason

30 Jun 11 D $758MJul 15

114.09 28 Aug15

0.63% 4.92% -6.26% 7.23% 6.19% 3.22% 5.02% (10.37%)Feb 14 - Oct 14

MACQUARIE EUROPEAN ALPHA FUND - CLASS ANick Bird, Andrew Alexander

31 Jul 12 M $787MJul 15

132.96 31 Jul 15 0.45% 2.92% 9.62% 12.78% 5.11% 10.18% 3.94% (1.88%)Jul 13 - Aug 13

Equity Diversified/GlobalYtd Avg. 2015

6.13%

TWO SIGMA ABSOLUTE RETURN FUND LTDTwo Sigma Advisers, LLC

31 Oct 11 M $1'028MJun 15

1,368.80 31 Aug15

1.29% 6.13% 10.09% 11.25% 4.03% 8.53% 5.06% (3.30%)Jun 13 - Aug 13

Multi-StrategyYtd Avg. 2015 (0.36%)

Multi-Strategy/AsiaYtd Avg. 2015

(0.69%)

LIM ASIA MULTI-STRATEGY FUND CLASS AGeorge W. Long

31 Dec 95 Q $994MJul 15

38.61 28 Aug15

(1.51%) (0.69%) 4.12% 5.63% 3.57% 7.11% 5.64% (15.79%)Feb 08 - Nov 08


(0.04%)

HUDSON BAY INTERNATIONAL FUND LTDHudson Bay Capital Management LP

31 May 06 Q $2'614MJul 15

231.48 21 Aug15

(0.30%) (0.04%) -2.08% 7.9% 11.37% 9.52% 5.01% (4.64%)Feb 14 - Jan 15

Statistical ArbitrageYtd Avg. 2015 2.95%



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Statistical Arbitrage/GlobalYtd Avg. 2015

2.95%

A.R.T. INTERNATIONAL INVESTOR (BVI) LtdAaron Sosnick

28 Feb 07 Q $869MJul 15

246.34 31 Aug15

1.64% 3.49% 9.83% 4.91% 5.67% 11.18% 7.36% (10.48%)Jul 07 - Aug 07

CAMPBELL GLOBAL ASSETS FUND LTD Class DCampbell & Company

31 Dec 00 M $101MJul 15

1,097.19 02 Sep15

0.19% (3.43%) 3.1% -5.62% -10.1% 7.26% 10.17% (22.98%)Feb 06 - Aug 07

GSA INTERNATIONAL FUND - CLASS ADavid Khabie-Zeitoune

28 Feb 05 Q $873MAug 15

287.73 31 Aug15

(0.47%) 8.79% 12.14% 13.28% 3.64% 10.58% 4.34% (11.91%)Jun 08 - Sep 08

SystematicYtd Avg. 2015 7.38%

Systematic/EuropeYtd Avg. 2015

9.21%

BLACKROCK EOS CLASS B USD COMPOSITERobert Fisher, Simon Weinberger

28 Feb 02 M $427MAug 15

1,684.41 28 Aug15

0.12% 9.21% 6.55% 20.08% 3.49% 9.91% 8.27% (14.33%)Jul 07 - Jan 08


6.47%

BLACKROCK 32 CAPITAL MASTER FUND SPC, LTD(THE) - A/1Raffaele Savi and Ken Kroner

31 Jul 02 M/Q $1'167MAug 15

2,245.10 31 Aug15

(1.04%) 6.30% -0.67% 8.02% 9.41% 6.37% 7.27% (25.15%)Jun 08 - Sep 09

BLUEMATRIX FUND CLASS -A- USDSystematica Investments Limited

31 Oct 07 M $487MJun 15

174.33 21 Aug15

(0.27%) 6.64% 10.4% 12.57% -2.49% 7.37% 6.97% (9.96%)Apr 11 - Sep 11



InceptionDates

Liquidity AssetSize

Last NAV orIndex


Merger-ArbitrageYtd Avg. 2015 6.05%

Merger-Arbitrage/GlobalYtd Avg. 2015

8.45%

GLAZER ENHANCED OFFSHORE FUND LTDPaul Glazer

31 Dec 98 M $269MMay 15

1,162.46 31 Aug15

0.41% 6.82% 5.91% 5.56% 5.34% 15.85% 6.02% (5.77%)Oct 07 - Dec 07

LION FUND, LTD (THE)Nick Walker

31 Jan 96 M $133MFeb 15

37.98 31 Jul 15 (0.95%) 10.08% -8.29% -5.17% 2.36% 7.00% 9.32% (34.07%)Oct 07 - Feb 09

Merger-Arbitrage/USAYtd Avg. 2015

1.25%

GABELLI ASSOCIATES LIMITEDMario Gabelli

31 Aug 89 M $138MApr 15

621.02 28 Aug15

(0.78%) 1.25% 2.09% 3.12% 2.55% 7.27% 3.22% (6.65%)Oct 07 - Oct 08



InceptionDates

Liquidity AssetSize

Last NAV orIndex


CreditYtd Avg. 2015 2.68%


2.59%

CHENAVARI MULTI STRATEGY CREDIT FUND - MS2 €Chenavari Investment Managers

31 Jan 12 M $474MJun 15

142.43 31 Jul 15 (0.03%) 2.59% 7.89% 20.57% 6.72% 10.64% 3.54% (0.54%)May 15 - Jul 15


2.77%

CANYON BALANCED FUND LTDM.R. Julis & J.S. Friedman

31 May 04 Q $1'683MJun 15

3,678.56 31 Jul 15 (0.24%) 2.77% 6.16% 19.99% 20.52% 12.36% 9.82% (30.14%)Oct 07 - Nov 08

DiversifiedYtd Avg. 2015 4.51%

Diversified/AsiaYtd Avg. 2015

14.90%

PHALANX JAPAN AUSTRALASIA MULTI-STRATEGYFUND LTDChristopher S. McGuire

31 Mar 05 Q $58MJun 15

1,321.84 31 Jul 15 1.91% 4.33% -12.87% 12.82% 11.48% 28.36% 25.89% (30.13%)Apr 06 - Mar 07

PINE RIVER CHINA FUNDDan Li

30 Sep 13 Q $1'194MAug 15

151.22 31 Aug15

1.18% 8.18% 29.88% 7.63% 24.07% 16.83% (10.15%)May 15 - Jul 15

SEGANTII ASIA-PACIFIC EQUITY MULTI-STRATEGYFUNDSimon Sadler & Kurt Ersoy

30 Nov 07 M $1'055MMay 15

385.56 28 Aug15

1.53% 32.19% 34.88% -1.68% 4.81% 19.03% 10.04% (10.16%)May 13 - Mar 14

Diversified/EmergingYtd Avg. 2015

4.27%

SPINNAKER GLOBAL EMERGING MARKETS FUND,LTDBradley Wickens

30 Jun 99 Q $1'193MFeb 15

2,017.54 15 Aug15

3.86% 4.27% -3.35% 3.37% 20.69% 20.46% 11.68% (33.11%)May 08 - Feb 09


3.78%

AHL DIMENSIONTim Wong, Nick Granger

30 Jun 06 M $3'600MJun 15

1.03 28 Aug15

0.81% 5.42% 16.33% 2.64% 2.6% 6.32% 9.11% (10.63%)Dec 08 - Jan 10

ALLBLUE LIMITEDMichael Platt

31 Aug 05 M $6'900MJul 15

212.81 31 Jul 15 1.74% 2.46% 6.27% 1.53% 5.96% 7.91% 4.47% (4.51%)Jun 07 - Aug 07

ARROWGRASS MASTER FUNDNick Niell , Henry Kenner

31 Jan 08 Q €4'519MJul 15

174.99 28 Aug15

0.52% 5.54% 2.89% 8.58% 5.6% 7.66% 4.11% (3.99%)Apr 11 - Sep 11

ATLAS ENHANCED FUND LTDDmitry Balyasny

28 Feb 11 M $4'200MJul 15

157.42 28 Aug15

0.02% 7.38% 13.73% 20.85% 12.61% 10.61% 8.23% (13.44%)Jul 11 - Apr 12



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.78%

ATLAS GLOBAL INVESTMENTS LTD UNRESTRICTEDDmitry Balyasny

31 Dec 03 M $4'800MJul 15

4,032.48 28 Aug15

(0.11%) 2.88% 7.2% 12.94% 4.84% 12.70% 8.14% (12.51%)Jun 04 - Aug 04

BLACK DIAMOND, LTD - CLASS B (UNRESTRICTED)Clint D. Carlson

31 Dec 95 Q $79MMay 15

348.45 31 Aug15

0.26% 2.53% 4.91% 6.18% 10.23% 6.55% 3.96% (18.64%)Aug 08 - Dec 08

BLACKROCK MULTI-STRATEGY FUND LTD - CLASS AMatt McBrady

30 Apr 05 M $1'332MJul 15

1,563.99 31 Jul 15 2.20% 0.08% 2.07% 7.04% 7.86% 4.46% 5.22% (13.96%)Jun 08 - Dec 08

BLACKROCK CAPITAL STRUCTURE INVESTMENTSFUND LTDChad Meuse, Benoy Thomas

31 Dec 08 M $389MAug 15

119.31 31 Aug15

(5.27%) (4.42%) -5.21% 7.19% 3.74% 2.68% 8.39% (13.18%)Feb 14 - Jun 15

BLUECREST CAPL INTL LTD A USDMichael Platt

30 Nov 00 Q $4'500MJul 15

426.92 31 Jul 15 1.27% (1.52%) 0.1% -1.56% 5.82% 10.40% 5.66% (7.92%)Apr 13 - Mar 15

BOUSSARD & GAVAUDAN HOLDING LTD ordinarysharesEmmanuel Gavaudan

31 Jan 07 D €618MFeb 15

19.58 02 Sep15

(0.13%) 9.58% 7.02% 13.46% 9.45% 7.12% 6.70% (20.69%)May 07 - Sep 08

BREVAN HOWARD M/S FUND, LTD – CL. A/USDAlan Howard

29 Feb 08 M $3'243MJun 15

131.65 31 Jul 15 (0.09%) 1.01% 1.13% 0.91% 4.61% 3.77% 4.45% (6.29%)Feb 08 - Sep 08

BRUMMER MULTISTRATEGY 2XL, LTD - C -Klaus Jäntti, Patrik Brummer

30 Apr 09 M $1'705MApr 15

1,475.18 31 Aug15

(5.60%) 1.85% 1.86% 15.02% 3.57% 6.32% 7.60% (6.56%)Apr 11 - Nov 11

CQS DIRECTIONAL OPP. FEEDER FUND. Ltd – A NIUSDMichael Hintze

31 Jul 05 Q $3'407MJul 15

5,046.01 31 Jul 15 0.44% 5.19% 3.12% 15.97% 35.87% 17.56% 13.01% (24.58%)Apr 11 - Sep 11

CQS DIVERSIFIED FUND (SPC) LTD ALPHA CLASS BUSDJames Peattie & Peter Warren

28 Feb 07 Q $1'652MJun 15

1,745.82 31 Jul 15 (0.23%) 2.72% 1.18% 5.99% 11.4% 6.84% 6.22% (14.78%)Jun 08 - Dec 08

DOUBLE BLACK DIAMOND LTD - SERIES A(UNRESTRICTED)Clint Carlson

31 Mar 98 Q $3'134MApr 15

469.15 31 Aug15

0.46% 2.75% 4.62% 7.91% 12.04% 9.27% 5.15% (17.93%)Aug 08 - Dec 08

GLG MARKET NEUTRAL FUND - CLASS Z USD UnresSteve Roth

31 Dec 97 M $679MJul 15

881.63 28 Aug15

(1.06%) 2.03% -7.43% 10.3% 18.4% 13.11% 14.28% (54.03%)Nov 07 - Dec 08

HALCYON PARTNERS OFFSHORE FUND LTDJohn M. Bader

31 May 04 Q $'318MJun 15

174.06 28 Aug15

(1.23%) (2.47%) -2.88% 7.4% 11.24% 5.05% 5.65% (15.01%)Oct 07 - Dec 08

HIGHBRIDGE CAPITAL CORPORATION CLASS-A-Series N (Composite)Mark Vanacore

31 Aug 92 Q/Y $941MJan 15

99,887.68 31 Aug15

(0.67%) 6.16% 6.16% 6.5% 9.79% 10.52% 6.84% (30.04%)Jun 08 - Nov 08

HUTCHIN HILL DIVERSIFIED ALPHA MASTER FUNDLTD 15% Incentive AllocationNeil Chriss

30 Jun 08 Q $4'325MSep 15

1,977.46 31 Aug15

0.41% 1.23% 9.69% 19.38% 11.06% 9.97% 5.90% (7.63%)Apr 11 - Feb 12



InceptionDates

Liquidity AssetSize

Last NAV orIndex



3.78%

JABCAP GLOBAL BALANCED FUND LTD CLASS D/1 NIPhilippe Jabre

30 Apr 07 W $468MAug 15

240.11 31 Aug15

(5.01%) 3.20% 2.01% 47.8% 15.5% 11.07% 14.99% (35.04%)Apr 10 - Jun 12

JABCAP MULTI STRATEGY FUND LTD CLASS D/1 NIPhilippe Jabre

31 Jan 07 M $460MJul 15

163.95 14 Aug15

(0.16%) 4.28% -3.04% 43.03% 11.8% 5.96% 17.37% (40.20%)Feb 08 - Jan 09

LINDEN INTERNATIONAL LTDJoe Wong

31 May 03 Q $882MJul 15

361.05 31 Jul 15 0.50% 4.47% 12.43% 16% 4.11% 11.12% 9.19% (24.60%)Feb 08 - Dec 08

LMR FUND LTDLMR Partners LLP, LMR Partners Limited

31 Jan 10 M $581MJul 15

234.94 31 Aug15

(0.91%) 6.85% 2.22% 10.04% 8.09% 16.53% 9.55% (9.53%)Apr 10 - May 10

MAN GLG MULTI-STRATEGY CLASS MUS D140 USDNeil Mason and David Kingsley

31 May 12 D $237MJul 15

108.13 28 Aug15

(1.31%) 2.62% -0.97% 4.73% 1% 2.25% 3.36% (4.70%)Feb 14 - Jul 14

MAN GLG MULTI-STRATEGY FUND CLASS G USDNeil Mason and David Kingsley

31 Dec 02 M $113MJul 15

109.03 28 Aug15

0.31% 4.72% -0.92% 5.08% 4.98% 4.60% 7.07% (30.54%)Oct 07 - Dec 08

MILLENNIUM INTL LTDIsrael A Englander

31 Dec 89 Q $31'200MJul 15

3,185.70 31 Aug15

0.02% 9.53% 12.09% 13.27% 6.32% 14.41% 4.35% (7.24%)May 98 - Aug 98

PALOMA INTERNATIONAL LTD CLASS ADonald Sussman

31 Dec 02 Q/Y $1'664MJul 15

294.07 31 Aug15

0.50% 6.77% 5.06% 16.02% 8.43% 8.88% 4.87% (6.83%)Jul 11 - Dec 11

PINE RIVER FUND CLASS -B1- SHARESAaron Yeary, James Clark

31 May 02 Q $4'661MAug 15

3,791.59 31 Aug15

(0.47%) 1.98% 4.57% 9.58% 21.75% 10.57% 10.00% (29.16%)Jun 08 - Dec 08

PLATINUM PARTNERS VALUE ARBITRAGE INT. FUNDLTDMark Nordlicht

31 Dec 02 Q $802MJul 15

7,598.24 31 Jul 15 (0.12%) 7.08% 10.76% 7.12% 11.58% 17.48% 5.45% (4.44%)Aug 08 - Oct 08

QVT OFFSHORE LTD CLASS 1-NRDan Gold

31 Oct 03 Q/Y $1'875MJul 15

2,427.78 31 Aug15

(0.36%) 6.02% -2.3% 1.39% 14.69% 7.78% 9.16% (40.35%)Feb 08 - Dec 08

RENAISSANCE INSTITUTIONAL DIVERSIFIED ALPHAFUND INTL. L.P.,ARenaissance Technologies LLC

28 Feb 12 M $1'474MJul 15

118.59 31 Aug15

(1.37%) 1.77% 10.78% 6.53% -1.26% 4.98% 10.28% (8.76%)Mar 13 - Sep 13

STRATUS FUND LIMITED CLASS BJean-Philippe Bouchaud, Philippe Jordan, Marc Potters,Jacques Sauliere

30 Nov 03 M $226MJul 15

2,575.24 28 Aug15

2.18% 8.61% 14.58% 1.82% -2.89% 8.38% 5.92% (10.52%)Feb 12 - Sep 13

VISIUM GLOBAL OFFSHORE FUND LTDJacob Gottlieb

31 Mar 09 M $1'303MJul 15

336.48 31 Aug15

0.05% 7.43% 0.79% 16.99% 19.52% 20.80% 9.59% (7.80%)Apr 10 - Jun 10

WEISS MULTI-STRATEGY PARTNERS LLCWeiss Multi-Strategy Advisers,LLC

30 Sep 06 Q $352MJul 15

186.11 21 Aug15

0.77% 2.79% 0% 14.5% 1.75% 7.23% 6.34% (17.75%)Jun 08 - Dec 08

Diversified/JapanYtd Avg. 2015

(1.41%)

LIM JAPAN FUNDGeorge Long

31 Oct 04 Q $218MJul 15

207.44 28 Aug15

(0.77%) (1.41%) 5.85% 11.39% 5.62% 6.97% 5.59% (10.09%)Jun 08 - Feb 09



InceptionDates

Liquidity AssetSize

Last NAV orIndex


ArbitrageYtd Avg. 2015 5.67%

Arbitrage/GlobalYtd Avg. 2015

5.67%

BLUEMOUNTAIN EQUITY ALTERNATIVES FUNDBlueMountain Capital Management

28 Feb 06 Q $498MJul 15

2,322.53 28 Aug15

(0.74%) 4.19% 0.36% 7.56% 12.24% 9.27% 6.39% (9.57%)Sep 08 - Feb 09

CASSIOPEIA FUND CLASS CPierre de Saab & Alain Dos Santos

31 Jul 04 M $238MJul 15

233.82 28 Aug15

3.05% 6.03% -4.16% 0.53% 24.85% 10.42% 9.33% (15.42%)Mar 10 - Jun 10

PIMCO MULTI-ASSET VOLATILITY FUND LTDJosh Thimons

31 Jul 11 M $792MJul 15

138.69 31 Jul 15 1.48% 6.80% 1.39% -6.17% 13.41% 8.51% 7.01% (8.64%)Oct 12 - Aug 13



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The information contained in this document is derived from a variety of sources we believe to be reliable; however, we cannot guarantee its accuracy orcompleteness, nor shall we be liable for any incidental or consequential losses or damages including, but not limited to, errors (including errors oftransmission), inaccuracies, omissions, changes in market factors or conditions, or any other circumstances beyond our control. The information, analysisand opinions contained herein constitute our present judgment, which is subject to change at any time without notice. The information contained herein isconfidential and intended solely for the use of the client or prospective client to whom it has been delivered. It is not to be produced or distributed to anyother person except to the client’s professional advisors. Third party information obtained in this document may have been obtained from variouspublished and unpublished sources. Past performance is not a reliable indicator of future results.

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Hedge Weekly N°36 - Wake2o Weekly N 36 Investment Funds Performance Review HSBC Alternative...

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