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
CAMPBELL GLOBAL ASSETS FUND LT 42
CAMPBELL GLOBAL ASSETS FUND LT 47
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
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 4Source - HSBC
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 43
GRAHAM GLOBAL INVESTMENT FUND 43
GRAHAM GLOBAL INVESTMENT FUND 43
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
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 5Source - HSBC
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
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 6Source - HSBC
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
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 7Source - HSBC
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
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 8Source - HSBC
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.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 9Source - HSBC
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
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 10Source - HSBC
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
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 11Source - HSBC
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.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 12Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 13Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Credit/EuropeYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 14Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Credit/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 15Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Credit/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 16Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Credit/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 17Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 18Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 19Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 20Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 21Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/EuropeYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 22Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/EuropeYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 23Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 24Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 25Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 26Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/USAYtd Avg. 2015
(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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 27Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 28Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 29Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 30Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Equity-DiversifiedYtd Avg. 2015 (8.23%)
Equity-Diversified/USAYtd Avg. 2015
(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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 31Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Multi-Strategy/GlobalYtd Avg. 2015
(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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 32Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 33Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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%
Multi-Strategy/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 34Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Multi-Strategy/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 35Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 36Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 37Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 38Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Diversified/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 39Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Diversified/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 40Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Diversified/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 41Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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%)
Systematic/GlobalYtd Avg. 2015
(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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 42Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Systematic/GlobalYtd Avg. 2015
(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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 43Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Systematic/GlobalYtd Avg. 2015
(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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 44Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 45Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
Multi-Strategy/GlobalYtd Avg. 2015
(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%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 46Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
Systematic/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 47Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 48Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
CreditYtd Avg. 2015 2.68%
Credit/EuropeYtd Avg. 2015
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
Credit/GlobalYtd Avg. 2015
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
Diversified/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 49Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Diversified/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 50Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
Diversified/GlobalYtd Avg. 2015
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 51Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2014 2013 2012 Ann. Return Ann. Vol MaxDrawdown1
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
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 52Source - HSBC
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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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