HEDGEFUNDRANKING1YEARRETURNS2012

Rank
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63

Ticker
LOYCPAR US LOYCFND BH BAYOUCB US JWPTNRS US CAREQSP KY INFINGL KY CRYSTA2 KY LHYF001 US SYWLPHF US SMIOPPS CN GLTITAN US CHTORCA KY KINCASP US HESPSIT KY ACESICS US ALASOPP KY SMCOINV AU MARCTHR KY NTASIAN KY NTADUSA KY TOCCATA KY BOSLGSH MV MANBAFB BH CKGLMPM US NIKAMOI VI EMMSASA ID REGDISC US REDWAAA KY ALABSEI LE KVTHSIS US MCGIMLP US RISKVAL US ACERCBE FP CORSIMI NT HORSECF KY AABSTWO LE CHYHIEI ID FINEDGE US HORIZGR NT ARAAAIF KY RBWCAPI US KVTSISI US THAIFOE VI AUKCAPT US NHINDIA KY TRISHLD US CONETFA US BTGPDMF KY PANTHER US PHAMUKI BM SATPEVA KY CRYSTAF KY SFPVLRE KY CSUBFNA ID PTDEFMC US FHEMRDB US RELFEXC VI OGBORNE US TAIRCHI KY HYPHENP US OLCAPLP US CEDAOFF KY HELLERH US

Name
LOYOLA CAPITAL PARTNERS LP LOYOLA CAPITAL FUND LTD BAYOU CITY CAPITAL LP-B JW PARTNERS LP CARBON EQUITY FIRST CL-PRN INFINIUM GLOBAL FUND CRYSTAL FUND II OFFSHORE LTD LEVERAGED HIGH-YIELD FUND-A1 SYW LP SMI OPPORTUNITIES LP TZANETATOS-GLOBAL TITAN CHEYNE TOTAL RETURN CRED 1-A KINKOPF CAPITAL-S&P HELIUM SPECIAL SITUATIONS- ACE STOCK INDEX CREDIT PROGR ALBIZIA ASEAN OPPORTUNITIES SMALLCO INVESTMENT FUND PATRONUS-MARCAPS THREEX FUND NTASIAN DISCOVERY FUND NTASIAN DISCOVERY (US)-A TOCCATA CAPITAL FUND BOSPHORUS LONG/SHORT FUND BARNEGAT INVESTMENTS-CLASS B CLARKE-GLOBAL MAGNUM PROGRAM NIKAMON FUND LTD- CLASS I ASHMOREEMM SO ASIAN STARS-A REGAN DISTRESSED CREDIT LP REDWELL FUNDS REGRADE SE-AAA ALEGRA ABS I EURO FUND KV THETA-STOCK INDEX STRATEG MCGINNIS MLP FUND LP RISKOWITZ VALUE FUND LP ACER CUBE CORFISER SIMI FUND CV HORSE CAPITAL FUND-A ALEGRA ABS TWO EURO FUND CHEYNE HIGH INCOME CREDIT-I FINANCIAL EDGE FUND LP HORIZON GROWTH FUND NV ARA ASIAN ASSET INCOME FD-A RBW CAPITAL PARTNERS LP KV THETA-STOCK IDX STR INSTI THAI FOCUSED EQUITY FUND LTD AUK CAPITAL PARTNERS LP NEW HORIZON OPPORTUNITIES-DL TRISHIELD DISTRESSED SEC LLC CONCORDE CAPITAL ETF ALPHA F BTG PACTUAL DISTRESSED MTG QM PANTHER PARTNERS LP PHOENIX UK FUND LTD SATOR PUBLIC EQUITY VALUE-A CRYSTAL FUND LTD SFP VALUE REALIZATION FUND CAIRN SUBORD FINANCIALS-A POINT DEFIANCE MICROCAP LP FH EMERGING MARKETS DEBT LP W-XEROF FOREIGN EXCH FUND-E OGBORNE PARTNERS LP TAIREN CHINA FUND HYPHEN PARTNERS LP OLESEN CAPITAL LP CEDARCROFT OFFSHORE FUND LTD HELLER HOUSE OPPORTUNITY LP

TotRet1Y
156.53 155.51 147.33 108.56 89.08 86.58 81.25 80.55 73.18 71.65 70.99 66.98 58.43 57.3 56.85 56.83 55.68 55.33 53.93 53.36 52.89 51.15 50.46 49.55 49.51 49.23 48.87 48.01 47.95 47.9 47 46.72 46.7 45.96 44.72 44.5 44.19 44.1 43.65 43.63 43.46 43.27 42.91 41.63 41.57 41.56 41.56 41.49 41.47 40.75 40.68 40.59 40.1 39.64 38.59 38.4 38.32 37.95 37.77 37.33 37.23 36.76 36.65

ManagementStyle
Long Biased Equity Long Biased Equity Equity Statistical Arbitrage Long/Short Equity Long/Short Equity Multi-Style Asset-Backed Securities Fixed Income Long/Short Equity Multi-Style CTA/Managed Futures Fixed Income CTA/Managed Futures Distressed Securities CTA/Managed Futures Long Biased Equity Long/Short Equity CTA/Managed Futures Long Biased Equity Long Biased Equity Long/Short Equity Long/Short Equity Fixed Income Arbitrage CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) Asset-Backed Securities Multi-Style Asset-Backed Securities CTA/Managed Futures Long/Short Equity Long Biased Equity CTA/Managed Futures Multi-Style Macro Asset-Backed Securities Fixed Income Merger Arbitrage Long Biased Equity Long Biased Equity Equity Fundamental Market Neutral CTA/Managed Futures Long Biased Equity Distressed Securities Long/Short Equity Distressed Securities Multi-Style Mortgage-Backed Arbitrage Long/Short Equity Long Biased Equity Long/Short Equity Asset-Backed Securities Multi-Style Fixed Income Long/Short Equity Emerging Market Debt CTA/Managed Futures Long/Short Equity Long/Short Equity Macro Long Biased Equity CTA/Managed Futures Distressed Securities

ManagementCompany

TotAsset(M) FundType
33.25 5.72 3.13 104.96 Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
ROBERT J REYNOLDS ROBERT J REYNOLDS ROBERT A HAY JASON WILD N.A. KALYTA ANDRIY OLIVIER GOZLAN HENRY M SEGGERMAN SHU YAO WANG CHRIS LOUISE MORWICK GEORGE TZANETATOS DAVID PEACOCK KEN KINKOPF ALDO GHISLETTA YU-DEE CHANG JUSTIN SEOW ROB HOPKINS N.A. KENNETH NG KENNETH NG DAVID NUSS OMER TOPBAS BOB TREUE MICHAEL CLARKE N.A. N.A. SKYLER WEINAND N.A. N.A. N.A. DANA MCGINNIS SEAN RISKOWITZ N.A. ANDREW H JACOBUS UMBERTO CAPRANI N.A. N.A. JOHN W PALMER JOHN TIDD STEPHEN RAY FINCH RICHARD B WRIGHT N.A. DOUG BARNETT BRIAN O'NEIL N.A. JEFF BUICK ERIC MIKULANINEC N.A. STEFAN TANG GARY ANDREW SCOTT CHANNON MARIO FRONTINI OLIVIER GOZLAN N.A. PHILIPPE KELLERHALS BRAD C LAWSON ERIC R HERMANN N.A. MIKE OGBORNE LARRY CHEN VIJAI P MOHAN CHRISTIAN OLESEN ANDREW W CUMMING MARCELO P LIMA

Loyola Capital Management LLC Loyola Capital Management LLC Omnia Trading LLC JW Asset Management LLC Simplon Asset Management Ltd N.A. IB Finance LLP N.A. Oristan Ltd N.A. International Investment Advisers LLC SYW Capital Management LLC Silvercreek Management Inc Tzanetatos Capital Management LLC Cheyne Capital Management Ltd Kinkopf Capital Management LLC IS Partners Investment Solution/Switzerland ACE Investment Strategists LLC Albizia Capital Pte Ltd Smallco Investment Manager Ltd/Australia Patronus Select Ltd NTAsset Thailand Co NTAsset Thailand Co Toccata Capital Pte Ltd N.A. Osmanli Menkul Degerler AS Barnegat Fund Management Inc Clarke Capital Management Inc Midcircle Investment Management Ltd N.A. Ashmore EMM LLC Regan Capital LLC RedWell Asset Management Ltd N.A. IFOS Internationale Fonds Service AG Kingsview Management LLC Mission Advisors LP Riskowitz Capital Management LLC N.A. Acer Finance/France Finser Asset Management LLC N.A. Unifida Finance SA N.A. IFOS Internationale Fonds Service AG Cheyne Capital International Ltd/Bermuda PL Capital LLC Horizon Capital Management SA APN Funds Management Asia Pte Ltd RBW Capital Advisors LLC Kingsview Management LLC Quest Management Inc Auk Capital LLC New Horizon Managers Ltd/Mauritius N.A. Trishield Capital Management LLC Concorde Capital LLC BTG Pactual Global Asset Management Ltd/U QM Capital LLC N.A. Phoenix Asset Management Partners Ltd Sator Capital Ltd Oristan Ltd N.A. SFP Value Realization Co Ltd N.A. Cairn Capital Ltd Point Defiance Capital Management LLC FH International Asset Management LLC W Capital Advisors Ltd Ogborne Capital Management LLC Tairen Capital Ltd/Asia Hyphen Management LLC Olesen Capital Management LLC Cedarcroft Capital LLC Heller House LLC N.A.

39.08 33.12 36.1 2.71 515 0.16 28.5 0.4 117.22 90.67 6.8 289.17 143.49 16.98 643.21 15.2 67.23 14.5 115.32 6.88 2.4 3.03

15.92 20.24 50 60 24.44 1.86 0.33 189.66 3.9 36.6 0.18 237.11 81.37 113

145 8.23 36.5 28.06 22.4 72 9.2 0.8 1.59

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126

Ticker
CQSDIRO KY NAVYILD KY CLASABE LX QNTEDGE KY DBTMI1C LX BRASCEH KY AGINADV CN AVLISAU LX GLCONLF KY SAYCOEQ US CROINPA US IFOAMEA LE BLKVAOF KY DLPARTN US CTCFUND US LEOCAPO ID ALGCOCO LX AJIAACE KY KERRCAP US ARCJVAB KY KRENSAV US DLFDHFI GU HEUELSD KY GLIFUNB KY DANHFIA GU OPHCLOW US STVIINV US SPITFIR US TYPHOPB VI MIDGFXI KY LEGCHNA KY ROYRAZR US ASGFIIE KY FORINEK BH RISABHG KY OPHCINN US PIMDELU KY PILVWIA ID CARAVON US SCHULOU US TOPPFXA KY TOROCAA LX BGISCHA ID CDM AU CDRINVI US KINGSVW US SCHULOU KY DUECOCO IM METISLC US SKYFEDB KY PVBABSC SW BLKVOLA CN RAMAGGP US FULAFBU KY NEWHBAS KY EXPIBRA KY ASEMCGF LX NUBAFMS KY CSVCHNO VI CLYCPLP US EJFD2LT KY OLVALLP US TCOPNZA KY

Name
CQS DIRECTIONAL OPPS FEEDER NAVIS YIELD FUND CLAIRINVEST SICAV ABS EUROPE QUANTEDGE GLOBAL FUND DB PLAT-TOSCA MID CAP EQ-I1C BRASIL CAPITAL EQY HEDGE FD AGILITH NORTH AMERICAN DIVER AVON LIFE SETTLEMENT-USD-A GLOBAL CONSUMER LOYALTY FUND SAYCO EQUITY FUND LP CROWN INVESTMENT PARTNERS LP ALEGRA MEZZANINE ABS BLACKHEATH VOL ARB OFFSHORE DL PARTNERS LP CTC FUND LLC LEO CAPITAL FUND SPC-A ALGEBRIS FINANCIAL COCO FD-B AJIA-ACORN CH EQ SPECIAL OPP KERRISDALE CAPITAL PARTNERS ARCUS JAPAN VALUE-ABSOLUTE KRENSAVAGE PARTNERS LP DANSKE HEDGE FI STRATEGIES HENDERSON UK EQTY L/S FD-A$ GLI FUND LLC-B DANSKE INV-HEDGE FI STRAT-A OPUS POINT HEALTHCARE LOW NE STEEL VINE INVESTMENT FND LP SPITFIRE FUND LP TYPHOON OPTION FUND LTD-B MIDGARD FIXED INCOME FD LTD LEGENDS CHINA FUND ROYCE RAZOR FUND LP THE ASGARD FIXED INC FND I- FORUM INTL EQUITY-K-FRONTIER RISING CHINA GROWTH FUND OPUS POINT HEALTHCARE INNOVA ARES-PIMCO DELTA 2.5 SEG-$ PILOT VIEW FUND I PLC CARAVEL FUND-ONSHORE SCHULTZE PARTNERS LP TRIPLE OPP FIXED INC FD-A CHENAVARI-TORO CAPITAL-IA-A BLK STRLING CURRENCY HEDGE-A CADENCE CAPITAL LTD CEDAR RIDGE INVESTORS FUND I KINGSVIEW CAPITAL PARTNER LP SCHULTZE OFFSHORE FUND LTD DUEMME COCO CREDIT FUND METIS PARTNERS LLC SKYLINE FEEDER FUND LTD-B PVB CH ASSET-BACKED SECUR-A BLACKHEATH VOLATILITY ARB LP RAM AGGRESSIVE PROGRAM FULCRUM AFRICA ALL CAP FD-B$ NEW HARBOUR ASIA FUND EXPRESS FUND INTL SPC - BRAZ ASEAN EMERGING COS GR FD LTD NUBUKE AFRICA MULTI STRA-A2 CSV CHINA OPPORTUNITIES FUND CLAYTON CAPITAL APPREC FD LP EJF DEBT OPPORTUNITIES FD LT OLESEN VALUE FUND LP TRAFALGAR COPLEY NZ FUND-AUD

TotRet1Y
36.16 35.92 35.72 35.7 35.7 35.66 35.62 35.47 35.36 35.13 34.99 34.79 34.72 34.68 34.06 34.03 33.94 33.89 33.84 33.72 33.58 33.52 33.07 33.03 32.91 32.9 32.85 32.82 32.8 32.78 32.49 32.37 32.36 32.33 31.89 31.87 31.8 31.28 31.25 31.06 30.97 30.87 30.79 30.45 30.41 30.32 30.14 30.13 30.13 29.97 29.77 29.73 29.72 29.68 29.54 29.48 29.23 29.19 29.11 29.03 28.98 28.98 28.86

ManagementStyle
Multi-Style Long Biased Equity Long Biased Equity Macro Long/Short Equity Long/Short Equity Multi-Style Multi-Style Macro Mortgage-Backed Arbitrage Equity Fundamental Market Neutral Asset-Backed Securities CTA/Managed Futures Long Biased Equity Multi-Style Long/Short Equity Multi-Style Long Biased Equity Equity Fundamental Market Neutral Long Biased Equity Long/Short Equity Fixed Income Long/Short Equity Macro Fixed Income Long/Short Equity CTA/Managed Futures Long Biased Equity Macro Fixed Income Arbitrage Long/Short Equity Long/Short Equity Fixed Income Arbitrage Multi-Style Long Biased Equity Long Biased Equity Fixed Income Equity Statistical Arbitrage Emerging Market Equity (Alternative funds) Distressed Securities Fixed Income Asset-Backed Securities CTA/Managed Futures Short Biased Equity Fixed Income Arbitrage CTA/Managed Futures Distressed Securities Fixed Income Long/Short Equity Emerging Market Equity (Alternative funds) Asset-Backed Securities CTA/Managed Futures CTA/Managed Futures Equity Fundamental Market Neutral Long Biased Equity Long Biased Equity Long Biased Equity Multi-Style Long Biased Equity CTA/Managed Futures Distressed Securities Long Biased Equity Multi-Style

ManagementCompany

TotAsset(M) FundType
1,524.00 Hedge Fund 38.25 Hedge Fund Hedge Fund 456.52 Hedge Fund 17.11 Hedge Fund 78.71 Hedge Fund Hedge Fund 122.4 Hedge Fund 5.1 Hedge Fund Hedge Fund 10 Hedge Fund 49.29 Hedge Fund 1.76 Hedge Fund Hedge Fund 363.5 Hedge Fund 47.85 Hedge Fund Hedge Fund 11.36 Hedge Fund 35.9 Hedge Fund 8,500.00 Hedge Fund 8.34 Hedge Fund 1,011.00 Hedge Fund 7.25 Hedge Fund 52.33 Hedge Fund 5,518.10 Hedge Fund 47.3 Hedge Fund 4 Hedge Fund 17.8 Hedge Fund Hedge Fund 390.32 Hedge Fund Hedge Fund 18.79 Hedge Fund 223 Hedge Fund Hedge Fund 8.25 Hedge Fund 13.1 Hedge Fund Hedge Fund 3.34 Hedge Fund 219.2 Hedge Fund 44.29 Hedge Fund Hedge Fund Hedge Fund 354.45 Hedge Fund 29.73 Hedge Fund 44.67 Hedge Fund 2.53 Hedge Fund 132.99 Hedge Fund 27.73 Hedge Fund 16.2 Hedge Fund Hedge Fund 56.51 Hedge Fund 3 Hedge Fund 16 Hedge Fund Hedge Fund 31.73 Hedge Fund 47.17 Hedge Fund 42.49 Hedge Fund Hedge Fund Hedge Fund 12.5 Hedge Fund 503 Hedge Fund 6.5 Hedge Fund Hedge Fund

Manager
MICHAEL HINTZE N.A. CHRISTOPHE LHOTE N.A. N.A. ALEXANDRE FERREIRA BOSSI PATRICK HORAN N.A. N.A. CHRISTINA M INMAN CHRIS H PAULI N.A. N.A. DENNIS LAU ANDREW HALL STEFANO ROMA DAVIDE R SERRA LI HUI SAHM ADRANGI ROBERT MACRAE MICHAEL KRENSAVAGE MICHAEL PETRY NEIL HERMON THOMAS WEHLEN MICHAEL PETRY LINDSAY A ROSENWALD SPENCER C PATTON JULIAN A L ALLEN STEPHEN DRABWELL CHRISTIAN LINDSTROM LAGE MARKO HO CHARLES M ROYCE MORTEN MATHIESEN N.A. WANG DANFENG LINDSAY A ROSENWALD N.A. N.A. M CAGLAR SOMEK GEORGE J SCHULTZE N.A. BENOIT PELLEGRINI N.A. KARL PETER SIEGLING ALAN E HART PHILIP SILVERMAN GEORGE J SCHULTZE N.A. ALI NAQVI GEOFF BAMBER N.A. ANDREW W CUMMING ROBERT A MOSS N.A. WILLIAM TOH MARIO CAMPOS N.A. PETER ENTI ALVA SHI JASON STANKOWSKI EMANUEL J FRIEDMAN CHRISTIAN OLESEN DAVID COPLEY

CQS UK LLP Navis Capital Partners Ltd Clairinvest SA N.A. Quantedge Capital Pte Ltd db Platinum Advisors SA BC Gestao de Recursos Agilith Capital Inc N.A. Avon Capital Europe SARL MR Capital Management Ltd Sayco Asset Management LLC N.A. Crown Advisors LLC/The IFOS Internationale Fonds Service AG Blackheath Fund Management Inc DL Capital Management LLC N.A. CTC Fund Management LLC/USA Leo Fund Managers Ltd Algebris Investments Ltd N.A. Ajia Acorn Asset Management Inc Kerrisdale Capital Management LLC Arcus Investment Ltd Krensavage Asset Management LLC Danske Bank A/S Henderson Global Investors Coburn Barrett LLC Danske Bank A/S Opus Point Partners Management LLC Steel Vine Investments LLC Spitfire Capital LLC Fundamental Asset Management Ltd N.A. PFA Asset Management Fondsmaeglerselska Legends Investment Manager Cayman Ltd/CaN.A. Royce Management Co LLC Moma Advisors AS FIE Investment Management Ltd N.A. Rising Investment Management Co Ltd Opus Point Partners Management LLC Merrill Lynch International N.A. Pilot View Capital Ltd Caravel Management LLC Schultze Asset Management LLC Finanz Konzept AG N.A. Chenavari Credit Partners LLP N.A. BlackRock Asset Management Ireland Ltd Cadence Asset Management Pty Ltd/Australia Cedar Ridge Partners LLC Kingsview Management LLC Schultze Management Group LLC/USA Duemme SGR SpA Naqvi-Van Ness Asset Management LLC Skyline Capital Management LLP N.A. PvB Pernet von Ballmoos AG/Switzerland Blackheath Fund Management Inc RAM Management Group Ltd Fulcrum Asset Management LLP N.A. New Harbour Capital Partners Ltd/Cayman Is Vinci Equities Gestora de Recursos Ltda Pheim Asset Management Sdn Bhd Nubuke Investments LLP N.A. CSV Capital Partners N.A. Clayton Partners LLC EJF Capital LLC Olesen Capital Management LLC Trafalgar Capital Management LLP/UK N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189

Ticker
ANDALUS US RHINECA LX OPAFFRA VI BERNDGF US RHINESC KY RAMFUND US DALGCHI KY HALFMCP US SENVPRT US KINPART US CCAECOF KY SPECTRA BM KNOSSPA KY WEDHDIV US DALHYMO KY FFSGLBE KY FOFIPAR US ALINDIA KY UCMNHLP US WFASREC KY ALTDESM MV FNDNIA2 ID ALCINDA KY PERWASP AU PWTSPLS AU WFASIAF KY PERWSHP AU SAPEXLP US HARGLCU KY CASSIOA KY PNFIDEA SS GAAOPPO KY PERMIAN US INVPNAS GU EXIOCOP US HORESLP US SAMILTD KY DALAOFF KY CIABSOP KY 36ONEHF SJ SPGLTRB KY KININST US EMMLASA ID PGOAKMT SJ CHELSCF KY CREGLBA KY HOREUSU KY GREYGOB VI MAGDSLP US GRDMSTR VI DETLPMS FP HHPF NA HORFIAA MV ATCHSTA KY BDCIILP US SKYLINE ID SIMHYBA KY 3A33333 KY JPPFMDY KY GAMEHRI VI SJPOPPO MV UMJKOTA KY FAIRFI2 US

Name
ANDALUSIAN CORPORATE OPP RHINE ALPHA-P CHF OPTIS AFRICAN FRONTIER-A BERNETT DIVERSIFIED GLOBAL RHINE ALPHA STARS-CHF RAM FUND LLC DALTON GREATER CHINA FUND HALF MOON CAPITAL PARTNER LP SENVEST PARTNERS LP KINETICS PARTNERS LP CCA EUROPEAN CREDIT OPPS LTD SPECTRAL FUND LTD KNOSSOS MULTI-STRAT SEG PT-A WEDBUSH HEDGED DIVIDEND LP DALTON-HI YLD MRTG OFFSH FDR WATERFRONT MULTI-STRATEGY FD FOUNDATION FINANCIAL PART ALCHEMY INDIA FUND LTD UCM NEW HORIZON FUND LP WF ASIAN RECON FUND-CLASS A INNOCAP HORSEMAN SUB-FUND FIRST NORWAY DELTA-NOK-IA2 ALCHEMY INDIA LT FUND PERPETUAL WF AP-SHARE-PLS LS PERPETUAL WF TAP-P SH-PL L/S WF ASIA FUND LTD - SERIES 1 PERPETUAL WHL SHARE PLUS LS SCHULTZE APEX FUND LP HARMONIC ALPHA PLUS GLB CRCY THE CASSIOPEIA FUND-A P&N-IDEA GRAND ALLIANCE OPPORTUNITY PERMIAN FUND LP INVESTEC PAN AFRICA FUND-S EXIGENT IO CREDIT OPPS FUND HORSEMAN EUROPEAN SELECT LP SAM I FUND LTD DALTON ASIA OFFSHORE FEEDER CCA MORTGAGE/CREDIT OPPTY 36ONE HEDGE FUND SPARTA GLOBAL-TRENDS SP-B KINETICS INSTITUTIONAL PART ASHMOREEMM LAT AM SM CAP-A PEREGRINE GRP OAKMONT FUND CHEYNE LONG SHORT CREDIT-A$ CREDENCE GLOBAL-A HORSEMAN EUROPEAN SELECT-A$ GREYLOCK GLOBAL OPP FUND-B1 MAGLAN DISTRESSED FUND LP GRANDMASTER CAPITAL FUND LTD DELTA PRIME - ESSF HOF HOORNEMAN PHOENIX FUND HORIZON FIXED INCOME&ARBIT-A ATLANTIS CHINA STAR FUND-A BDC FUND II LP SKYLINE UCITS FUND-GBP-I-NV SIMPLON HIGH YLD BOND ABS RE TRUSTON DYNAMIC KOREA FUND JP SPC 5-PFM DYNAMIC EQ SP GAM EUR EQTY HEDGE-USD OPEN SJP OPPORTUNITIES FD SICAV-A UMJ KOTOSHIRO FUND-USD FAIRFIELD FUND 2 LLC

TotRet1Y
28.83 28.5 28.18 28.05 28.04 27.92 27.84 27.79 27.71 27.68 27.61 27.45 27.3 27.16 27.14 27.02 26.9 26.62 26.6 26.53 26.35 26.28 26.27 25.93 25.93 25.9 25.88 25.76 25.7 25.56 25.53 25.52 25.48 25.41 25.05 24.94 24.93 24.78 24.76 24.72 24.7 24.52 24.41 24.39 24.35 24.35 24.29 24.25 24.09 24.01 23.97 23.96 23.84 23.81 23.75 23.69 23.61 23.6 23.6 23.58 23.55 23.52 23.48

ManagementStyle
Distressed Securities Long/Short Equity Emerging Market Equity (Alternative funds) Macro Long/Short Equity CTA/Managed Futures Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Long/Short Equity Fixed Income Arbitrage Multi-Style Multi-Style Equity Fundamental Market Neutral Mortgage-Backed Arbitrage Multi-Style Equity Fundamental Market Neutral Long/Short Equity Asset-Backed Securities Long Biased Equity Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Long Biased Equity Long/Short Equity Distressed Securities CTA/Managed Futures Equity Fundamental Market Neutral Long/Short Equity Macro Long/Short Equity Emerging Market Equity (Alternative funds) Fixed Income Long/Short Equity Long/Short Equity Long/Short Equity Mortgage-Backed Arbitrage Long/Short Equity Macro Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity Capital Structure/Credit Arbitrage CTA/Managed Futures Long/Short Equity Emerging Market Debt Distressed Securities Long/Short Equity Multi-Style Distressed Securities Fixed Income Arbitrage Long Biased Equity Long/Short Equity Emerging Market Equity (Alternative funds) Fixed Income Long/Short Equity Multi-Style Long/Short Equity Macro Long/Short Equity CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType

Manager

Andalusian Capital Partners LP 80.2 Hedge Fund MICHAEL REEBER RBR Capital Advisors AG 787.64 Hedge Fund N.A. Optis Investment Management Ltd 60.72 Hedge Fund HEIKO VAN WYNGAARDEN Bernett Capital Management LLC 0.38 Hedge Fund SARAH BERNETT Standard Capital Partners NV 90.1 Hedge Fund RUDOLF BOHLI RAM Management Group Ltd 16 Hedge Fund ROBERT A MOSS Dalton Investments LLC 48 Hedge Fund JAMES B ROSENWALD III Half Moon Capital LLC Hedge Fund ERIC DELAMARTER N.A. RIMA Senvest Management LLC 78.5 Hedge Fund RICHARD MASHAAL Kinetics Advisers LLC 17.19 Hedge Fund PETER B DOYLE Citi Capital Advisors LLC/Private Equity 157.9 Hedge Fund MICHAEL MICKO WGM Management Ltd/Bahamas 2.59 Hedge Fund N.A. Knossos Asset Management 28.7 Hedge Fund FRANCISCO GHERSI Wedbush Equity Management LLC Hedge Fund STEPHEN J MASSOCCA N.A. Dalton Investments LLC 30 Hedge Fund N.A. Waterfront International Ltd 91.92 Hedge Fund SIMON KHALILI Fortress Partners Capital Management Ltd 1.38 Hedge Fund JON BRUSS Alchemy Investment Management Pte Ltd 4.25 Hedge Fund NIMIS SHETH UCM Partners LP 21.3 Hedge Fund BORIS PERESECHENSKY Ward Ferry Management BVI Ltd/Hong Kong 123 Hedge Fund SCOBIE WARD Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Lantern Structured Asset Management Ltd 139.17 Hedge Fund N.A. Alchemy Investment Management Pte Ltd 34.71 Hedge Fund SANJEEV MOHTA Perpetual Investment Management Ltd 1.4 Hedge Fund N.A. Perpetual Investment Management Ltd 0.18 Hedge Fund EMILIO GONZALEZ Ward Ferry Management BVI Ltd/Hong Kong 231 Hedge Fund N.A. Perpetual Investment Management Ltd 114.05 Hedge Fund N.A. Schultze Asset Management LLC 1.84 Hedge Fund GEORGE J SCHULTZE Harmonic Capital Partners LLP 59 Hedge Fund RICHARD CONYERS Dominice & Co - Asset Management 635.07 Hedge Fund MICHEL DOMINICE N.A. 113.89 Hedge Fund TORGNY PRIOR Grand Alliance Asset Management Ltd Hedge Fund N.A. N.A. Permian Investment Partners LP 136.9 Hedge Fund SCOTT HENDRICKSON Investec Asset Management Guernsey Ltd/Un 197.06 Hedge Fund ROELOF HORNE Exigent Capital Management LLC 34.52 Hedge Fund ELIE BRENDER Horseman Capital Management LP 65 Hedge Fund STEPHEN ROBERTS Sophia Asset Management Cayman Ltd Hedge Fund CYNTHIA NG N.A. Dalton Investments LLC 68 Hedge Fund JAMES B ROSENWALD III Citi Capital Advisors LLC 460.3 Hedge Fund RAJESH AGARWAL South Africa Alpha Capital Management Ltd 2,381.50 Hedge Fund CY JACOBS Sparta Administradora de Recursos Ltda 6.57 Hedge Fund N.A. Kinetics Advisers LLC 25.96 Hedge Fund PETER B DOYLE Ashmore EMM LLC 94.77 Hedge Fund N.A. Peregrine Capital PTY Ltd 1,758.00 Hedge Fund DAVID FRASER Cheyne Capital International Ltd/Bermuda 62 Hedge Fund JOHN WEISS Splendor Capital Management Ltd/China 26.16 Hedge Fund RUHONG HUANG Horseman Capital Management LP 311 Hedge Fund STEPHEN ROBERTS Greylock Capital Management LLC 120 Hedge Fund HANS HUMES Maglan Capital LP Hedge Fund STEVEN AZARBAD N.A. Grandmaster Capital Management LLC 60.33 Hedge Fund PATRICK G WOLFF Delta Alternative Management S.A.S/France 45.73 Hedge Fund FREDERIC HAYM Hof Hoorneman Bankiers/Netherlands 13.13 Hedge Fund NAJIB NAKAD Bosphorus Capital AS 2.11 Hedge Fund MUSTAFA DOGAN Atlantis Investment Management Ltd 83.51 Hedge Fund N.A. Southland Capital Management LLC 7.57 Hedge Fund N.A. Skyline Capital Management LLP Hedge Fund GEOFF BAMBER N.A. Simplon Asset Management Ltd Hedge Fund N.A. N.A. Truston Asset Management Co Ltd 39.09 Hedge Fund MOO KWANG LEE Quantis Asset Management SA 3.69 Hedge Fund N.A. GAM Ltd 46.61 Hedge Fund MARK HAWTIN New College Capital Ltd 9.41 Hedge Fund ROBERT REOCH UMJ Singapore Pte Ltd/Singapore 27 Hedge Fund MASAHIRO KOSHIBA Fairfield Advisors LLC Hedge Fund JEFFREY BENTON N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252

Ticker
WFASSCF KY BRAXFDN KY BRAXFDL KY WAFIXIA KY BWSESER KY NFSTSFU KY ODYEURI KY PUNCHMC US AXCROPP US PERETRA US LOWECAP US FONABSI IM PIM0080 KY IGUANHC US SCCONBD LX ARDSUST US REBUSRE KY GATORFP US TRACAPD KY CONTPAR US EQMCFIL SM AUMSINA MP IEMICRO US CRDOTPL CH VITTORI LX ACWAETL AU MATHLTD KY HORSEGL KY SAPXLTD KY UGAPLUS KY VERTXBAL CN VGBRZEM KY FINITBA IM GRSPOPA KY DENHSPR US EURQUAC VI HARGLMA KY BRAPOSF KY TALENHE KY ARMLLOA KY ACESIHA US ODYCBOF VI ECITMEU VI HARTZLS US KINETIC KY ELBRUFU KY TETOCAP US FERTCAP US KGINVES US AEQUASP VI JCHMACH CH MAXQFUS KY NPJAMGO KY BLUBIRD US LATEQHE KY CRESCP3 US KOMOFUN KY SCOPLNG US ATLEDGE SS LITSPEE KY CRY770A VI ASEASCF KY VISGBOS KY

Name
WF ASIAN SML CO FD-SERIES 1 BRAX FUND - CLASS N BRAX FUND - CLASS L WATERFRONT FIXED INCOME FD-A BROADWALK SELECT SERVICES NITON FUND SPC-SH SHIPNG FD OEI MAC INC-USD PUNCH MICRO CAP PARTNERS LLC AXONIC CREDIT OPP FND LP PERE TRADING PROGRAM LOWELL CAPITAL FUND LP FONDO ABS I PIMCO CAY GLB EX-JPN-A IGUANA HEALTHCARE PARTNERS-A SC CONVERTIBLE BONDS-A USD ARDOUR SUSTAINABILITY FD LP RENAISSANCE BUSINESS R/E GATOR FINANCIAL PARTNERS LLC TRAFALGAR COPLEY LTD-USD CONTINENTAL PARTNERS LP EQMC FIL - CLASS A AUM SELECT FUND LTD-INDIA-A INTRINSIC EDGE MICRO LP CREDENCE ORIENTAL TRAD-ENTER PHEIM SICAV SIF-VITTORIA ACADIAN-WHL AUS EQ T200 L/S MATH FUND LIMITED HORSEMAN GLOBAL FUND LTD-A$ SCHULTZE APEX OFFSHORE FUND ASEAN PLUS 3 SEGREGATED-A VERTEX MANAG VALUE PORTFOL-A VINCI GAS BRAZI EQUITIES MAS FININT BOND FUND-A GRANDWAY SPECIAL OPPORT-A DIAMOND-ENHANCED S&P PROGRAM EUROPEAN QUALITY FUND-C HARMONIC ALPHA PLUS MACRO FD BRADDOCK PARTNERS OFFSHORE GAM TALENTUM ENHA EUR L/S-A ARMADA LATIN AMERICA OPPOR-B ACE STOCK INDEX HYBRID APPRO ODYSSEY CONVERTIBLE BOND OPP ECITON GLOBAL MACRO FUND LTD HARTZELL LONG/SHORT LLC THE KINETICS FUND INC THE ELBRUS FUND LTD-A TETON CAPITAL PARTNERS LP FERTILEMIND CAPITAL FND I LP KG INVESTMENTS FUND LLC AEQUILIBRIUM ASP FUND LTD-A JUNIOR CHINA MACRO-HEDGE FD MAXQ FUND LIMITED-A$ NPJ GLOBAL OPPORTUNITIES A-$ BLUEBIRD FUNDS LP ITAU GL INV-LATIN AMERICA EQ CRESCENDO PARTNERS III LP KOMODO FUND-A SCOPIA LONG LLC ATLANT FONDER-EDGE-A LITESPEED OFFSHORE FUND LT-A CRYSTAL 770 FUND LTD-A ASEAN SMALL CAP FUND VISIUM GLB OFFSHORE FUND LTD

TotRet1Y
23.47 23.4 23.35 23.28 23.25 23.24 23.18 23.13 23.03 23.02 23.02 23.01 22.91 22.91 22.68 22.64 22.62 22.61 22.56 22.47 22.4 22.32 22.17 22.11 22.11 22.1 22.09 22.04 21.97 21.95 21.94 21.92 21.76 21.72 21.66 21.63 21.61 21.52 21.51 21.51 21.44 21.42 21.36 21.32 21.28 21.25 21.21 21.17 21.09 21.07 21 20.96 20.93 20.85 20.8 20.75 20.73 20.6 20.54 20.49 20.48 20.39 20.36

ManagementStyle
Long Biased Equity Long Biased Equity Multi-Style Fixed Income Long/Short Equity Multi-Style Long/Short Equity Long/Short Equity Mortgage-Backed Arbitrage CTA/Managed Futures Equity Fundamental Market Neutral Asset-Backed Securities N.A. Long/Short Equity Convertible Arbitrage Long/Short Equity Multi-Style Long/Short Equity Multi-Style Long/Short Equity Equity Statistical Arbitrage Macro Long/Short Equity CTA/Managed Futures Long Biased Equity Long/Short Equity Macro Long/Short Equity Distressed Securities Multi-Style Multi-Style Long Biased Equity Asset-Backed Securities Multi-Style CTA/Managed Futures Long/Short Equity Macro Long Biased Equity Equity Fundamental Market Neutral Long/Short Equity CTA/Managed Futures Distressed Securities Macro Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Long/Short Equity Long Biased Equity Macro Macro Long/Short Equity Mortgage-Backed Arbitrage Long/Short Equity Merger Arbitrage Long Biased Equity Long Biased Equity Macro Distressed Securities Long Biased Equity Emerging Market Equity (Alternative funds) Multi-Style

ManagementCompany

TotAsset(M) FundType

Manager

Ward Ferry Management BVI Ltd/Hong Kong 175 Hedge Fund N.A. JGP Global Gestao de Recursos Ltda 8.15 Hedge Fund MARCELO MAGALHAES JGP Global Gestao de Recursos Ltda 8.15 Hedge Fund N.A. Waterfront International Ltd 25.52 Hedge Fund SIMON KHALILI Broadwalk Asset Management LLP Hedge Fund CHARLIE COTTAM N.A. Niton Capital Partners SA 11.34 Hedge Fund N.A. Odey Asset Management LLP 565.76 Hedge Fund CRISPIN W ODEY Punch & Associates Investment Management 70.2 Hedge Fund HOWARD PUNCH JR Axonic Capital LLC 962 Hedge Fund CLAYTON DEGIACINTO Pere Trading Group LLC 19.02 Hedge Fund DAVID PERE Lowell Capital Management LLC 7.5 Hedge Fund JAMES ZIMMERMAN Finanziaria Internazionale Alternative Investm 12.55 Hedge Fund N.A. N.A. 1,340.06 Hedge Fund N.A. Iguana Healthcare Partners LLC 90 Hedge Fund STUART T WEISBROD Signina Capital AG 16.6 Hedge Fund PAUL MEADOWS Ardour Asset Management LLC Hedge Fund JOSEPH DI VIRGILIO N.A. Renaissance Real Estate Holding Ltd/British V 32.56 Hedge Fund N.A. Gator Capital Management LLC 8.2 Hedge Fund DEREK PILECKI Trafalgar Capital Management UK LLP Hedge Fund DAVID COPLEY N.A. Continental Advisors LLC 101.37 Hedge Fund DAVE PURCELL Nmas1 Asset Management SGIIC SA Hedge Fund JACOBO LLANZA FIGUEROA N.A. AUM Asset Management Malta Ltd 7.42 Hedge Fund N.A. Coe Capital Management LLC Hedge Fund MARK COE N.A. Splendor Capital Management Ltd 457.13 Hedge Fund TOM WEIYE TANG Pheim Asset Management Sdn Bhd 18.12 Hedge Fund N.A. Colonial First State Investments Ltd/Australia N.A. Hedge Fund N.A. Math Fund Management Co Ltd 28.91 Hedge Fund PEDRO OURO LAMEIRA Horseman Capital Management LP 82 Hedge Fund RUSSELL CLARK Schultze Management Group LLC/USA 1.64 Hedge Fund GEORGE J SCHULTZE United Gain Investment Ltd Hedge Fund LAU CHI YIU N.A. Vertex One Asset Management Inc 135 Hedge Fund JOHN THIESSEN Vinci Equities Gestora de Recursos Ltda 215.53 Hedge Fund MARIO CAMPOS Finanziaria Internazionale Alternative Investim 6.37 Hedge Fund FILIPPO NAPOLETANO Grandway Asset Management Inc Hedge Fund LAWRENCE WANG N.A. Diamond Capital Management LLC Hedge Fund KELLY FARRELL N.A. CB Asset Management 25.4 Hedge Fund CARL BERNADOTTE Harmonic Capital Partners LLP 75 Hedge Fund RICHARD CONYERS Braddock Capital Offshore LLC 10.53 Hedge Fund CHARLES T AKRE JR CHUCK GAM Investment Management Lugano SA 287.03 Hedge Fund GIANMARCO MONDANI Armada Capital SA de CV 8.75 Hedge Fund ALEJANDRO ROJAS DOMENE ACE Investment Strategists LLC 6.4 Hedge Fund YU-DEE CHANG Odyssey Investment Management LLC 30 Hedge Fund MIKHAIL FILIMONOV Hyperion Management Co Ltd 5.91 Hedge Fund PHILIPPE DUBOIS Hartzell Long/Short LLC 25 Hedge Fund DAVID C HARTZELL Kinetics Advisers LLC 51.04 Hedge Fund PETER B DOYLE EC Elbrus Capital Investments Ltd 17.82 Hedge Fund ANTON KHMELNITSKI Ancient Art LP Hedge Fund QUINCY LEE N.A. Fertilemind Management LLC/USA 12.1 Hedge Fund ARAM FUCHS KG Funds Management LLC 54 Hedge Fund N.A. Optima Capital Management LLP 28.5 Hedge Fund ARTURO DUBSON JuniorChina Capital Management Co Ltd Hedge Fund SONG BING-SHAN N.A. North Asset Management LLP 230.12 Hedge Fund GEORGE PAPAMARKAKIS NPJ Asset Management LLP 212 Hedge Fund NICHOLAS JOHNSON Bluebird Asset Management LLC 31.02 Hedge Fund PAUL KONIGSBERG Itau Unibanco SA 14.74 Hedge Fund N.A. Crescendo Partners LP Hedge Fund ERIC S ROSENFELD N.A. HB Capital Partners/Indonesia 63 Hedge Fund ROLAND HAAS Scopia Fund Management LLC 11 Hedge Fund MATT SIROVICH Atlant Fonder AB 107 Hedge Fund ANDERS KULLBERG Litespeed Management LLC/USA 1,314.00 Hedge Fund JAMIE ZIMMERMAN Pegasus Asset Management Ltd 2.03 Hedge Fund N.A. Asean Investment Management 7.65 Hedge Fund DAVID P O'NEIL Visium Asset Management LP 160.8 Hedge Fund N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315

Ticker
VISIUMG US GRNDRAG US PILOTV2 ID GRCHALP KY SKYSAFC SJ HORGLBL US IVMAOPP KY PAGINVI KY BRYGCOP US AESOPHK KY VDIGVIE KY WATEFLP US SPGHMGT KY PARFNDA ID 36ONEFD SJ INSAFCU KY MDSFDIV VI HIQMNFD NA VENBIOS US BAOBABG BG FORUMCP US SEEUPAE ID ENKOGRA KY STRATDV KY VGASLBM KY VINGSCO KY ICAPNIT SJ DMHYJBH KY JLPCLTD KY TPOU LN WATAGGA KY CHPLGTC BH PENNDIS US DLOPILP US NWTOPFD KY NAPPHIG AU WHCORSP KY SMSTCAI US CATASLP US ACTVOWN US GHANAHU LX VNCAPT1 US MONDISF KY PENRGMD KY BTAUSLS AU EXPIRES KY NEFGVCA VI K2AARFA AU WACOA1E KY JLPPART US BAYGHDV US SBSPOPP US HSHINAD KY HORIMDO KY MATCHAM KY NAVASIA KY CLACOGC LX HORMDLP US GREE NA CLEANVA US WAWAELS AU FSGTAAC LX BRAXEQB KY

Name
VISIUM GLOBAL FUND LP BAOCHUAN GREEN DRAGON FND LP PILOT VIEW 2 PLC-CAPITAL FD GREENWOODS CHINA ALPHA FUND SKYBOUND FIRECREST-A HORSEMAN GLOBAL FUND LP IVIM ASIA OPPORTUNITIES FUND PACIFIC AND GENERAL INVEST BRANDYWINE-GLOBAL CRED OPPOR ASIAN EQTY SPE OPP PORT-A V.D.I. GRAND VIETNAM FUND WATERFALL EDEN FUND LP SPHERA GLOBAL HEALTHCARE-A$ PARUS FUND PLC-A 36ONE FUND INSPARO AFRICA EQUITY FD-C$ MDS FONDO DE INVERSIONES LTD HIQ INVEST MARKET NEUTRAL FD VENBIO SELECT FUND LLC BAOBAB GLOBAL FUND FORUM CAPITAL PARTNERS SECTOR EUROPOWER FUND-A ENKO OPPORTUNITY GROWTH-A STRATEGOS DEEP VALUE FUND VINCI GAS LONG BIAS MASTER F VINCI GAS SMALL CAP OFFSHORE THE NITROGEN FUND PTY LTD DIAM CAY-GB HY BD CUR SL-BH JLP CR OPPTY CAYMAN FD LTD THIRD POINT OFFSHORE INVESTM WATERFRONT AGGRESSIVE FUND-A CHAPELGATE-CRD OPPTY-MGT SH PENN DISTRESSED FUND LP DOUBLELINE OPP INCOME LP NEW TOP-FOUNDER DYNAMIC FUND MLC NAVI SS ABP-AVIVA HI G-E WHITEHAVEN CORRELATION FD SP SMITH STREET CAPITAL I LP CATALYST ASSOCIATES LP ACTIVE OWNERS FUND LP GOODHART PART-HANJO FD-AH$ VN CAPITAL FUND I LP QUOTIDIAN MONDIS GROWTH SP PENRICH GLOBAL MACRO FUND-$ BT WHL AU LONG/SHORT FUND EXPRESS FUND INTL SPC - RSRC NEW ENGLAND FAMILY GV-A K2-ASIAN ABSOLUTE RETURN-AUD WAKE CONVERTIBLE ARBIT SP- JLP PARTNERS FUND LP BAYARD GLOBAL HIGH DIVID YLD STONE BEACH SPECIAL OPP LLC HSBC INDIA ALPHA-USD HORIZON MULTI-DISCIPLIN OFF MATCHAM CAPITAL NAVIS ASIA NAV NON-US FEEDER COSMOPOLITAN GLOBAL FUND-C HORIZON MULTI-DISCPLNRY LP-A INSINGER REAL ESTATE EQUITY CLEAN VALUE FUND LP WAVESTONE WHOLE AUS EQY L/S BNPP FLEXI-TACTICAL STR-C BRAX EQUITY SPC-LONG BIAS US

TotRet1Y
20.36 20.31 20.27 20.24 20.24 20.22 20.18 20.17 20.14 20.13 20.08 20.03 19.65 19.59 19.52 19.51 19.49 19.42 19.36 19.36 19.32 19.25 19.24 19.16 19.17 19.15 19.01 18.99 18.97 18.97 18.97 18.92 18.89 18.86 18.86 18.81 18.8 18.78 18.77 18.73 18.71 18.68 18.59 18.59 18.57 18.57 18.47 18.47 18.44 18.43 18.38 18.34 18.32 18.26 18.24 18.2 18.17 18.16 18.15 18.15 18.13 18.13 18.12

ManagementStyle
Multi-Style Long Biased Equity Fixed Income Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Long/Short Equity Fixed Income Arbitrage Long Biased Equity Emerging Market Equity (Alternative funds) Asset-Backed Securities Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Macro Equity Statistical Arbitrage Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Mortgage-Backed Arbitrage Long Biased Equity Long/Short Equity Long/Short Equity Multi-Style Distressed Securities Merger Arbitrage Multi-Style Capital Structure/Credit Arbitrage Distressed Securities Fixed Income Long/Short Equity Equity Fundamental Market Neutral CTA/Managed Futures Equity Fundamental Market Neutral Multi-Style Long/Short Equity Equity Fundamental Market Neutral Long Biased Equity Long Biased Equity Macro Long/Short Equity Long Biased Equity Long Biased Equity Long/Short Equity Convertible Arbitrage Long/Short Equity Long Biased Equity Mortgage-Backed Arbitrage Long/Short Equity Convertible Arbitrage CTA/Managed Futures Long Biased Equity Macro Convertible Arbitrage Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Multi-Style Long Biased Equity

ManagementCompany

TotAsset(M) FundType

Manager

Visium Asset Management LP 151.8 Hedge Fund N.A. Baochuan Capital Management LLC Hedge Fund JONATHAN MASSE N.A. Pilot View Capital Ltd 4.1 Hedge Fund N.A. Greenwoods Asset Management Ltd 18.49 Hedge Fund N.A. Skybound Capital Ltd Hedge Fund MARC KLEIN N.A. Horseman Capital Management LP 11 Hedge Fund JOHN R HORSEMAN iVenture Investment Management BVI Ltd 30.35 Hedge Fund NERISSA CHOW LEE Dalton Investments LLC 113 Hedge Fund GIFFORD COMBS Brandywine Global Investment Management L 32.16 Hedge Fund GERHARDT HERBERT GHP Arbitrium Far East Partners Inc 61.47 Hedge Fund DAVID RUAN Vinaceous Diamond International Corp Hedge Fund N.A. N.A. Waterfall Asset Management LLC 113.08 Hedge Fund THOMAS E CAPASSE Sphera Global Healthcare Management LP 234.1 Hedge Fund ORI HERSHKOVITZ Parus Finance SA 154 Hedge Fund EDOUARD VECCHIOLI South Africa Alpha Capital Management Ltd 320 Hedge Fund CY JACOBS Insparo Asset Management Ltd 12.6 Hedge Fund JAMES L ALLSOPP JAMIE MDS Management Ltd Hedge Fund N.A. N.A. HiQ Invest/Nederland 50.7 Hedge Fund UDO GIJS NAGEL venBio Partners LLC 18 Hedge Fund KURT VON EMSTER Cherubim Ventures Pty Ltd 4.27 Hedge Fund N.A. Staley Capital Advisers Inc/USA 132.62 Hedge Fund JOHN A STALEY IV Sector Asset Management AS Hedge Fund THOR LIEN N.A. Enko Capital Management LLP Hedge Fund CYRILLE NKONTCHOU N.A. Strategos Capital Management LLC 103.2 Hedge Fund ALEX CIGOLLE Vinci Equities Gestora de Recursos Ltda 35.04 Hedge Fund MARIO CAMPOS Vinci Equities Gestora de Recursos Ltda 1.17 Hedge Fund MARIO CAMPOS Nitrogen Fund Managers Pty Ltd 288.56 Hedge Fund ROWAN WILLIAMS DIAM Co Ltd 928.32 Hedge Fund N.A. Phoenix Investment Adviser LLC 389.6 Hedge Fund JEFF PESKIND Third Point LLC 478.01 Hedge Fund N.A. Waterfront International Ltd 22.32 Hedge Fund SIMON KHALILI ChapelGate Asset Management Co Ltd 222.86 Hedge Fund GARY WEE PENN Capital Management Co Inc 37.42 Hedge Fund RICHARD HOCKER Doubleline Capital LP 961.22 Hedge Fund JEFFREY E GUNDLACH New Top-Founder Fund Management Ltd/Cay 112.49 Hedge Fund XUN LIU MLC Ltd 3.47 Hedge Fund N.A. Whitehaven 26.82 Hedge Fund N.A. Smith Street Capital Management LLC 6.15 Hedge Fund DUNCAN FREARSON Crescat Partners LLC 50 Hedge Fund MICHAEL R BRUCE AOF Management LLC Hedge Fund JOSEPH J PRETLOW N.A. Atlantis Investment Research 2,490.75 Hedge Fund SEAN LENIHAN Joinville Capital Management LLC 44.33 Hedge Fund JAMES T VANASEK Quotidian Investments LLP 4.02 Hedge Fund SASHA PARMAR Penrich Active Capital Management Ltd 1.3 Hedge Fund N.A. BT Investment Management Ltd 217.82 Hedge Fund JIM TAYLOR Vinci Equities Gestora de Recursos Ltda 203.37 Hedge Fund N.A. Hedge Fund LEONARDO BENVENUTO New England Asset Management & AdministrN.A. K2 Asset Management Ltd/Australia 94.01 Hedge Fund MARK S NEWMAN Wake Asset Management SA Hedge Fund DEREK WATSON N.A. Phoenix Investment Adviser LLC 8.9 Hedge Fund JEFF PESKIND Bayard Asset Management LLC 7.09 Hedge Fund DEEPINDER BHATIA Stone Beach Investment Management LLC 5.3 Hedge Fund DAVID LYSENKO HSBC Global Asset Management Singapore L 77.22 Hedge Fund SANJIV DUGGAL Horizon Asset Management Inc 16.73 Hedge Fund MURRAY STAHL Matcham Capital Investment Management Pte 24 Hedge Fund ANDREW LENTON Navis Capital Partners Ltd 355.61 Hedge Fund PATRICK RUSSELL Clairinvest SA Hedge Fund ION-MARC VALAHU N.A. Horizon Asset Management Inc 17.31 Hedge Fund MURRAY STAHL Insinger de Beaufort Asset Management NV 73.39 Hedge Fund RYAN DALLY Clean Value Partners LLC 17.09 Hedge Fund JONATHAN C RALEIGH Fidante Partners Ltd 107.21 Hedge Fund IAN HARDING BNP Paribas Investment Partners Luxembour 85.98 Hedge Fund WILLEM KLIJNSTRA JGP Global Gestao de Recursos Ltda 77.29 Hedge Fund MARCIO ROBERTO CORREIA

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378

Ticker
PGPUREH SJ BOMCOME KY WAA AU JAPCHLP US VTG20AR TL CWPAALS AU EMMGLSC ID CASTCAV JY DELSPEC US UCFDLTD KY CKWLDPM US BRFINOS KY INNFRCC MV CHEAGLE KY KKSPCFA KY UNCLAOP KY SFGEAEI LX NLSPHGS AU GOTTALE KY ATSHARA SS NEWMFHE US COLOSIF KY AAAPFDI KY CONECII KY SVGRCMN KY PAMCOPA KY IIICROF KY BASGLEV KY LYNASIA KY COMMOPP US COMKYLD KY IIICROP US GSJGLFH AU SCASOPP US ASCREHA KY LANTHCV AU AROSENI MV FARRING LX PROSCBI KY WILIGEB VI NEXTARB KY CFPAALS AU CHEYCSO KY PERUSIF KY NSPARLP US SFGEXSI LX HPDABND DC LEQMA1U ID WACAJPN KY ARISTID US ZZ4LTDA KY SSCABF1 GU SLFPUIK FP CATREAV SS FOUCHOP KY STENREB GU QUOMSMA KY CUSHGPS US INDCBFO MP GOTMNPS KY CCPQUAN KY OCEANPT US ILASCON US

Name
PEREGRINE GRP PURE HEDGE II BOMAN CAPITAL-COMMODITY EUR0 WAM ACTIVE LTD JAPAN CHICKADEE FUND LP G20 ABSOLUTE RETURN FUND CFST FCWP-ACADIAN AU EQ L/S ASHMOREEMM GLOBAL SM CAP-A CASTELLAIN CAVENDISH LTD DELTEC SPECIAL SITUATIONS PR UC FUND LTD CLARKE-WORLDWIDE PROGRAM BROADFIN-HEALTHCARE O/S-A INNOCAP FORCE CAPITAL II CHINA EAGLE FUND K&K SPC FUND-A UNION-LATIN AMER OPPORT SP SF LUX SICAV3-GB EQ EX A -I MLC NAVI SS LSO-AVIVA HI G-E GOTTEX ALPHA S&P 500-B8SP ATLANT FONDER-SHARP-A NEW MILLENNIUM FUNDAMENTAL COLOMBIA SPECIAL INVESTMENTS AFRICAN PIONEER FUND -A SC1 CONSTELLATION FD SPC-EQUI II SV-GREAT CHINA MARKET NEUT PAMPLONA CREDIT OPPORTUN-A III CREDIT OPPORTUNITIES LTD BAS GAIN-GAM II JPY 200% LEV LYNAS ASIA FUND COMMONWEALTH OPPORT CAP LP COMMONWEALTH OPP CAP FD LTD III CREDIT OPPORTUNITIES LP GS HEDGED GLOBAL FLEX FUND SC ASIA OPPORTUNITY FUND LP ASIAN CREDIT HEDGE FUND-A LHC CAPITAL AUS HIGH CONV FD AROS PARADIGM FD SICAV-NI FARRINGDON ALPHA ONE THE PROSPERITY CUB FUND WILIGELMO INVESTMENT FUND-B NEXTAR FUND-B-GLOBAL FUND CFST FCP-ACADIAN AU EQ L/S CHEYNE MANAGED CSO FUND LTD PERU SPECIAL INVESTMENTS FND NORTH STAR PARTNERS LP SF LUX SICAV3-GB EQ EX AS-I HEDGEFORENINGEN HP DANISH BD LAMP EPISTEME SYS QUEST-MA1$ WADA CAPITAL JAPAN TRUST ARISTIDES FUND LP ZZ4 LTD-A WONDA BOND AND CURRENCY-$ PUISSANCE K CATELLA-REAVINSTFOND FOUNDATION CHINA OPPORTUNITY STENHAM REAL ESTATE EQTY-B QUOTIDIAN MULTI MASTER FD-A CUSHING GP STRATEGIES FD LP ALCHEMY INDIA CB FUND ICB-O GOTTEX MN PLUS S&P 500 FUND CCP QUANTITATIVE FUND OCEAN PARTNERS LLC INCA LATIN AMERICAN FUND LP

TotRet1Y
18.09 18.06 18.05 18 18 17.99 17.97 17.95 17.95 17.94 17.89 17.85 17.86 17.81 17.8 17.74 17.68 17.66 17.63 17.6 17.58 17.57 17.58 17.56 17.54 17.53 17.54 17.53 17.51 17.47 17.47 17.4 17.36 17.35 17.34 17.34 17.3 17.29 17.24 17.24 17.21 17.21 17.2 17.19 17.19 17.18 17.17 17.17 17.13 17.12 17.1 17.06 17.04 17.04 17.01 17 16.93 16.91 16.89 16.84 16.78 16.7 16.69

ManagementStyle
Equity Fundamental Market Neutral Macro Multi-Style Long Biased Equity Macro Long/Short Equity Emerging Market Equity (Alternative funds) Long Biased Equity Distressed Securities Long/Short Equity CTA/Managed Futures Long/Short Equity Long/Short Equity Long/Short Equity Long Biased Equity Long/Short Equity Multi-Style Equity Fundamental Market Neutral Multi-Style Macro Long/Short Equity Multi-Style Multi-Style Equity Fundamental Market Neutral Equity Fundamental Market Neutral Fixed Income Arbitrage Fixed Income Multi-Style Long Biased Equity Macro Macro Fixed Income Long/Short Equity Long/Short Equity Capital Structure/Credit Arbitrage Long/Short Equity Macro Long/Short Equity Emerging Market Equity (Alternative funds) Equity Fundamental Market Neutral Multi-Style Long/Short Equity Capital Structure/Credit Arbitrage Emerging Market Equity (Alternative funds) Long Biased Equity Multi-Style Fixed Income CTA/Managed Futures Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Fixed Income Arbitrage CTA/Managed Futures Long/Short Equity Long/Short Equity Long Biased Equity Multi-Style Long/Short Equity Capital Structure/Credit Arbitrage Multi-Style Macro Long Biased Equity Equity Statistical Arbitrage

ManagementCompany

TotAsset(M) FundType

Manager

Peregrine Capital PTY Ltd 240 Hedge Fund DAVID FRASER Delman SA 1.27 Hedge Fund N.A. MAM Pty Ltd 19.1 Hedge Fund GEOFFREY JAMES WILSON GEOFF Neon Liberty Capital Management LLC/USA 42 Hedge Fund SATYEN MEHTA CIMCO PCC Ltd 9.9 Hedge Fund MICHAEL MECHAS First State Investments 42.24 Hedge Fund CHRIS CLAYTON Ashmore EMM LLC 585.82 Hedge Fund N.A. Castellain Capital LLP Hedge Fund ROBERT GOLDSMITH N.A. Deltec Asset Management LLC 84.14 Hedge Fund PETER COOLIDGE Urwick Capital Management LLP Hedge Fund RICHARD URWICK N.A. Clarke Capital Management Inc 25.1 Hedge Fund MICHAEL CLARKE Broadfin Capital LLC 417 Hedge Fund KEVIN KOTLER Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. China Eagle Asset Management Ltd Hedge Fund YING YUMING N.A. Kurokawa-Kitoku Capital Management/Cayma 6.55 Hedge Fund N.A. Union Capital Management Ltd/Malta Hedge Fund JUAN SARTORI N.A. UBS Global Asset Management UK Ltd 10.31 Hedge Fund N.A. MLC Ltd 6.16 Hedge Fund N.A. Gottex Fund Management Sarl 56 Hedge Fund CHRIS HAWKINS Atlant Fonder AB 440 Hedge Fund ANDERS KULLBERG Kovitz Investment Group LLC 72.25 Hedge Fund MITCHELL KOVITZ Compass Group Colombia Ltda 37.04 Hedge Fund FELIPE GOMEZ BRIDGE Hedge Fund N.A. African Alliance Investment Management Ltd/ N.A. Hedge Fund FLORIAN BARTUNEK Constellation Investimentos e Participacoes LN.A. Pacific Insight Capital Management Corp Hedge Fund MARK LI N.A. Pamplona Capital Management LLP 339.95 Hedge Fund YVES LEYSEN N.A. 43.16 Hedge Fund N.A. GAM Sterling Management Ltd/United Kingdo 53.48 Hedge Fund N.A. Lynas Capital Ltd 215.81 Hedge Fund DAVID DEVINE CommonWealth Opportunity Capital GP LLC 220.1 Hedge Fund ADAM FISHER CommonWealth Opportunity Capital GP LLC 220.1 Hedge Fund ADAM FISHER III Associates/USA 77.63 Hedge Fund GARTH FRIESEN Goldman Sachs Asset Management Australia 198.2 Hedge Fund N.A. SC Fund Management LLC 7.1 Hedge Fund PETER M COLLERY Income Partners Asset Management Ltd 340 Hedge Fund EMIL NGUY Lanterne Strategic Investors 46 Hedge Fund STEPHEN ABOUD Aros Capital Partners LLP Hedge Fund NICOLAI BORCHER HANSEN N.A. Farringdon Capital Management SA/Luxembo 106.11 Hedge Fund ANDREAS THOLSTRUP Prosperity Capital Management/Cayman Islan 153.73 Hedge Fund ALEXANDER MARKOVICH BRANIS P & A S.A Hedge Fund RINALDO INVERNIZZI N.A. JGP Global Gestao de Recursos Ltda 623.36 Hedge Fund ANDRE JAKURSKI First State Investments 9 Hedge Fund N.A. Cheyne Capital Management Ltd 26.65 Hedge Fund JOHN WEISS Compass Group SA 73.78 Hedge Fund ALBERTO ARREGUI NS Advisors LLC 70.89 Hedge Fund ANDREW R JONES UBS Global Asset Management UK Ltd 1.62 Hedge Fund N.A. Nykredit Portefolje Administration A/S 629.69 Hedge Fund HENRIK FOURNAIS Episteme Capital Partners UK LLP 5.87 Hedge Fund N.A. Wada Capital Management LLC 1,058.90 Hedge Fund SAKAE WADA Aristides Capital LLC 31.6 Hedge Fund CHRIS BROWN ZZ Vermogenverwaltung GmbH 63.49 Hedge Fund FLORIAN SCHAUSBERGER Stratton Street Capital CI Ltd 1.79 Hedge Fund ANDREW SEAMAN Swiss Life Asset Management SA/France 3.05 Hedge Fund GUILLAUME TERGNY Catella Fondforvaltning AB Hedge Fund MIKAEL HANELL N.A. Foundation Asset Management Ltd Hedge Fund MICHAEL LIANG N.A. Clearance Capital LLP 5.29 Hedge Fund WESSEL JOHANNES HAMMAN Quotidian Investments LLP 16.62 Hedge Fund N.A. Cushing MLP Asset Management LP 95 Hedge Fund JERRY V SWANK Alchemy Investment Management Pte Ltd 5.1 Hedge Fund SHIVAZ RAI Gottex Fund Management Sarl 31 Hedge Fund CHRIS HAWKINS Cantab Capital LLP 2,400.00 Hedge Fund N.A. Sunnymeath Asset Management Inc 14.8 Hedge Fund JAMES O'MEALIA INCA Investments LLC Hedge Fund FERNANDO X DONAYRE N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441

Ticker
ILASCOF KY TCAGLCR KY DLFDHEE GU RASPLII US ARNLSAU AU NUMCOPA KY JASGLRE US CALACC1 TL KINGVICT CN SANDBOA KY INGMORT ID NVSNKLP US CFAWELS AU GLOETFO KY INSAFME KY MQSCAPA US CFWAALS AU CAMGLOP KY TICHVIA KY BIREMEM US MWTFNEE ID KALBEUR MV PR3XLSE US LIBDVOS US NGACAPI KY SAFFDSL US KAWALLC US RIONFLP US KAWALTD VI HJELSFJ KY MSQBVLA KY COOKBYN US HAMABRA LX MACROHG US CFSAELS AU ALPHAHG US CKGLBPM US KARSTAR US PHFUNDI BH WYCAASV KY MAPLETR US K2SIARF AU TEREARA MV ACTCURR KY BARCOEP US DORASPS KY GLOINVA KY AMPKLAU KY CAPFCOA LX CFIACAL AU INDMAXG MP RUSPROI KY VLCHAMB KY BESTAAA KY TOTEMFD KY ADAPNOA LX PLTMAVD KY UCMOMSF US IQSFUTU KY SNGLRTY VI 1P2FUND VI TRANCAP VI GINGAEX KY

Name
INCA LATIN AMERICAN OS FUND TCA GLOBAL CREDIT MASTER-A$ DANSKE HEDGE EUROPEAN EQ- RAIL-SPLITTER FUND II LP ARNHEM LONG/SHORT AUST EQ FD NUMEN CREDIT OPPORTUNITIES-A JAMES ALPHA GLOBAL REAL ESTA CALDERON FUND PCC LTD-A-CC1 KING & VICTORIA FUND LP SANDBOURNE FUND-A ING MORTGAGE INVESTMENT FD NAVESINK PARTNERS LP CFST FCWS-ACADIAN AU EQ L/S THE GLOBAL ETF OPPORTUNITIES INSPARO AFRICA-MIDDLE EAST MQS CAPITAL PARTNERS LP CFST FCWI-ACADAIN AU LONG SH CAMOMILLE GLOBAL OPPORTUN-S TITAN CHINA VISION CLASS A KGR LLC - KGR SERIES II MW MARKET NEUTRAL TOPS FD-A SAF SICAV PLC-KALKARA-B PRESCIENT RIDGE-3XL SERIES LIBERTY DIVERSF OPTION STRAT NGA CAPITAL FEEDER FD LTD-I SYSTEMATIC ALPHA FUTURES LPA KAWA ONSHORE FEEDER LLC RION FUND LP KAWA OFFSHORE FEEDER LTD HAYATE JAPAN EQUITY LO SH JP M SQUARE BRAZIL VAL LG ON-A COOK & BYNUM CAPITAL LLC HAMON ABSOLUTE RETURN FUND-A CSHG GLOBAL MACRO MASTER-GM CFST FCPS-ACAD AUS EQ LG SHT ALPHA HG FUND LLC - CLASS I CLARKE-GLOBAL BASIC PROGRAM KARMA STAR FUND PRIMASIA HEDGE FUND WYKEHAM CAPITAL ASIA VALUE MAPLE TREE PARTNERS LP K2-SELECT INTL ABSOLUTE RET TERTIUS EUROPEAN ABSOL RET-A ACT CURRENCY FUND- BARINGTON COS EQTY PARTNERS DORIC ASIA PACIFIC SMALL CAP GLOBAL INTRINSIC VALUE FND-A AMPLITUDE KLASSIK-A USD CAPITAL FOUR CREDIT OPPORT-A CFST FCI-ACADIAN AU EQ L SHT INDIA MAX GROWTH FUND THE RUSSIAN PROSPERITY FD-A VL CHAMPION FUND-B THE BLACKHORSE E-STAGE TEC-A TOTEM FUND-EURO ADAPTO NORDIC FUND-A PLATINUM MAVERICK ENH FUND-$ UCM OPPORT MORTGAGE STRAT LP IQS FUTURES FUND/THE DEEP SINGULARITY MNGD FUT SP 1.2 FUND LTD-EUR TRANEN CAPITAL ALT INV LTD GINGA EXPLORER FUND

TotRet1Y
16.69 16.64 16.58 16.57 16.47 16.45 16.45 16.46 16.44 16.43 16.39 16.39 16.32 16.31 16.3 16.29 16.26 16.17 16.15 16.1 16.07 15.97 15.94 15.93 15.92 15.91 15.89 15.89 15.88 15.87 15.87 15.84 15.8 15.78 15.74 15.71 15.72 15.71 15.67 15.66 15.64 15.61 15.58 15.53 15.48 15.48 15.47 15.46 15.46 15.44 15.43 15.39 15.38 15.38 15.33 15.27 15.27 15.26 15.26 15.24 15.21 15.2 15.2

ManagementStyle
Equity Statistical Arbitrage Fixed Income Long/Short Equity Long/Short Equity Long/Short Equity Capital Structure/Credit Arbitrage Long/Short Equity Multi-Style Long/Short Equity Long/Short Equity Mortgage-Backed Arbitrage Long Biased Equity Long/Short Equity Macro Multi-Style Macro Long/Short Equity Macro Emerging Market Debt Emerging Market Equity (Alternative funds) Equity Fundamental Market Neutral Fixed Income CTA/Managed Futures CTA/Managed Futures Fixed Income Arbitrage CTA/Managed Futures Multi-Style Capital Structure/Credit Arbitrage Multi-Style Long/Short Equity Long Biased Equity Long Biased Equity Macro Macro Long/Short Equity Macro CTA/Managed Futures Emerging Market Equity (Alternative funds) CTA/Managed Futures Equity Statistical Arbitrage Long/Short Equity Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Long/Short Equity Long Biased Equity CTA/Managed Futures Fixed Income Long/Short Equity Long Biased Equity Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Long Biased Equity Mortgage-Backed Arbitrage CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity

ManagementCompany

TotAsset(M) FundType

Manager

INCA Investments LLC Hedge Fund FERNANDO X DONAYRE N.A. TCA Fund Management Group Hedge Fund ROBERT PRESS N.A. Danske Bank A/S Hedge Fund KLAUS ROEPKE N.A. Rail-Splitter Capital Management LLC 18.24 Hedge Fund RICHARD FRADIN BNP Paribas Investment Management Austra 6.3 Hedge Fund NEIL BOYD-CLARK Numen Capital LLP 147.56 Hedge Fund KUSHAL KUMAR James Alpha Management LLC 16 Hedge Fund ANDREW J DUFFY Calderon Ltd Hedge Fund N.A. N.A. Equilibrium Capital Management LLC Hedge Fund WILLIAM LAZARAKIS N.A. Sandbourne Asset Management Ltd 26.5 Hedge Fund DAVID BRUCE ING Alternative Asset Management LLC 280.3 Hedge Fund KEN HAIM Sunnymeath Asset Management Inc 7.9 Hedge Fund JAMES O'MEALIA First State Investments 19.85 Hedge Fund GARY L BERGSTROM Vanheel Investments Ltd/Hong Kong 4.26 Hedge Fund HARALD DUDOK VAN HEEL Insparo Asset Management Ltd 166.5 Hedge Fund MOHAMMED HANIF MQS Asset Management LLC 38 Hedge Fund ROBERT GELFOND First State Investments 316.99 Hedge Fund N.A. Camomille LLP/United Kingdom 295.7 Hedge Fund RICHARD HUTCHINGS Titan Investment Management Ltd/Cayman Is 16.87 Hedge Fund JOSH WEN KGR Capital Management LLC 8.1 Hedge Fund FRANK LASSANDRELLO Marshall Wace LLP 15.87 Hedge Fund ANTHONY CLAKE SAF & Co Financial Services SA 28.84 Hedge Fund N.A. Prescient Ridge Management LLC 34.71 Hedge Fund N.A. Liberty Funds Group Inc 15 Hedge Fund CRAIG L CAUDLE Nomura Global Alpha LLC/USA 117.53 Hedge Fund SHALABH GARG Systematic Alpha Management LLC 69 Hedge Fund ALEXEI CHEKHLOV Kawa Capital Management LLC 42 Hedge Fund DANIEL ADES Rion Capital LLC 38 Hedge Fund ZVI GILLON Kawa Capital Management LLC 164 Hedge Fund DANIEL ADES Hayate Partners Pte Ltd 2,316.10 Hedge Fund DAISUKE IIZUKA M Square Investimentos Ltda Hedge Fund MAURICIO BITTENCOURT N.A. Cook & Bynum Capital Management LLC Hedge Fund RICHARD P COOK N.A. Andbanc Asset Management Luxembourg SA 2.01 Hedge Fund N.A. Credit Suisse Hedging-Griffo Servios Internac 463.6 Hedge Fund LUIS STUHLBERGER First State Investments 16.64 Hedge Fund CRAIG BRESCIANINI Credit Suisse Hedging-Griffo Servios Internac 38.02 Hedge Fund LUIS STUHLBERGER Clarke Capital Management Inc/USA 6.7 Hedge Fund MICHAEL CLARKE Karma Capital Management/USA 21.33 Hedge Fund NANDITA PARKER Primasia Investment Service Bermuda Ltd 1.99 Hedge Fund N.A. Wykeham Capital Ltd 1 Hedge Fund HOWEL THOMAS Maple Tree Capital Management LLC 76.69 Hedge Fund BARRY A KAPLAN K2 Asset Management Ltd/Australia 212.23 Hedge Fund MARK S NEWMAN Tertius Capital Hedge Fund MARKUS B SEYWERD N.A. ACT Currency Partner AG Hedge Fund FELIX ADAM N.A. Barington Cos Management LLC 58.55 Hedge Fund JAMES A MITAROTONDA Corinthian Capital Management Ltd 43.86 Hedge Fund HOWARD WONG Value Fund Management Ltd/British Virgin Isl 61.21 Hedge Fund N.A. Amplitude Capital AG 111.7 Hedge Fund KARSTEN SCHROEDER Capital Four Management Fondsmeglerselska 20.3 Hedge Fund N.A. Colonial First State Investments Ltd/Australia 7.8 Hedge Fund N.A. Silverstreak Asset Management Co Ltd Hedge Fund N.A. N.A. Prosperity Capital Management 1,333.12 Hedge Fund IVAN NIKOLAEVICH MAZALOV VL Asset Management Ltd 44.95 Hedge Fund VINCENT LAM Blackhorse Asset Management Pte Ltd 1.23 Hedge Fund JONATHAN M ROSS Moneta Asset Management SAS/France 37.29 Hedge Fund PATRICE COURTY Adapto Advisors AB 96.33 Hedge Fund JESPER ALMKVIST Platinum Trading Management Ltd Hedge Fund N.A. N.A. UCM Partners LP 49.4 Hedge Fund JAY MENOZZI IQS Funds Ltd Hedge Fund N.A. N.A. ISATYS Advisory AG 5.98 Hedge Fund HEIKO KROHNE Low Volatility Asset Management Ltd 54.14 Hedge Fund PAOLO COMPAGNO Tranen Capital Ltd 180 Hedge Fund KENNETH LANDGAARD Stats Investment Management Co Ltd 30 Hedge Fund MASAMITSU OHKI

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504

Ticker
ALGGVIE VI DOONBLP US CLEVCAP US GSPLSPR US DGCAPLP US CUSHMLP US MTBINVP US MARKPAR US ASTCOMM KY FCAP LN FLCGLEQ LX MILLRLP US AUSEXTW AU AEUFDLI KY WAFFDLP US OPABSLA FH ATHASIE SP DEXHISC LX WBOPUA2 KY CRWONEI KY CHMSCMU KY AEUFDSI KY KHITALA IM TRICAPP US NEVSKUA ID CONTOPP US EQTSWAR AU PENNCON US NAVAPPH AU WIGLEQZ ID DIAMOND US SECTORA VI EDGWDLP US GLGUMNF KY AJAOPAR KY EMYSLCV US EMEFRON US NABVALA NT BARAKST KY MBMASTR KY RANGCAP US CAZABSA KY PENEURO KY KEYREOH US AEUFDMI KY BIMELSG IM FORCPOR US 36ONEOS KY PGABKSE ID GJINFUI US NOKOMIS US EQTSART AU AJEEJMN KY LONBFLA VI FRGLFRO US EGNEDFI VI CKMILPM US COINPAR US BKBACHL US MONDISO IO PRQSUBF KY COOPCRK US TALEMAA KY

Name
ALPHA GENESIS GL VALUE-I EUR DOONBEG FUND LP CLEVELAND CAPITAL LP GLOBAL SIGMA PLUS PROGRAM DG VALUE PARTNERS LP CUSHING MLP INFRASTRUCTURE MTB INVESTMENT PARTNERS LP MARK PARTNERS ASTMAX COMMODITY FUND FRM CREDIT ALPHA FUND - PRF FULCRUM UCITS-GLOBAL EQTY-Z$ MILLRACE FUND LP AUSBIL ACTIVE EXTENSION FD-W THE ADELPHI EUROPE FUND-USD WAF FUND LP OP-ABSOLUUTTINEN SALKKU-A ATHENAEUM ASIAN EQUITIES FD DEXIA BONDS-HIGH SPREAD-C-C WB OPPORTUNITIES FD-A2$ CROWN ONE ABSOLUTE RET SP-I CHENAVARI M/S CREDIT-M USD THE ADELPHI EUROPE FUND-GBP KAIROS ITALIA-A TRICOASTAL CAPITAL PART LLC NEVSKY FUND PLC-USD ACC CONTINENTAL OPPORTUNITIES FD EQT SGH WHL ABSOLUTE RETURN PENN CONVERTIBLE FUND LP NAVIGATOR ACC-PPL HI GRW SHR WINTON-GLOBAL EQUITY FUND-Z DIAMOND HILL INVEST PART LP SECTOR FND-A ENERGY & GLOBAL EDGEWOOD PARTNERS LP GLG MARKET NEUTRAL FD-B ASIAN OPPORT ABSOLUTE RTN FD EMYS CAPITAL LARGE CAP VALUE EMERGING FRONTIERS FUND LP NABUC VALUE INVESTMENTS BV-A BARAK STRUCTURED TRADE FN SP MB MASTER FUND LP-A RANGELEY CAPITAL PARTNERS LP CAZENOVE EUR ABSOLUTE RET-A PENSATO EUROPA FUND LTD-EUR KEYPOINT REAL ESTATE OPP HDG THE ADELPHI EUROPE FUND-EURO SYMPHONIA LONG TERM FAMILIES THE FORECAST PORTFOLIO 36ONE OFFSHORE PORTFOLIO P&G STRUCTURED CREDIT OPP-A GJ INVESTMENT FUNDS I LP NOKOMIS CAPITAL PARTNERS LP EQT SGH ABSOLUTE RETURN TRST AJEEJ MENA FUND THE LONGBOW NEW EUROPE FUND FRONTAURA GLB FRONTIER FUND EGERTON EUROPEAN DOL FUND-A CLARKE-MILLENNIUM PROGRAM C&O INVESTMENT PARTNERSHIP KGR LLC - KGR SERIES I QUOTIDIAN-MONDIS GROWTH PROSPERITY QUEST SUB FUND-A COOPER CREEK PARTNERS LLC-B GAM TALENTUM EMERGING L/S-A

TotRet1Y
15.2 15.19 15.18 15.17 15.08 15.06 15 14.97 14.94 14.92 14.91 14.87 14.85 14.84 14.83 14.82 14.78 14.73 14.71 14.71 14.68 14.66 14.65 14.65 14.63 14.62 14.62 14.6 14.59 14.56 14.55 14.54 14.54 14.53 14.53 14.51 14.5 14.5 14.48 14.46 14.45 14.44 14.39 14.33 14.31 14.28 14.28 14.25 14.24 14.21 14.19 14.19 14.18 14.14 14.13 14.08 14.05 14.05 14.04 14.02 13.97 13.9 13.9

ManagementStyle
Long Biased Equity Long/Short Equity Long Biased Equity CTA/Managed Futures Distressed Securities Long Biased Equity Long Biased Equity Long/Short Equity CTA/Managed Futures Multi-Style Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Mortgage-Backed Arbitrage Macro Long Biased Equity Fixed Income Long/Short Equity Multi-Style Fixed Income Long/Short Equity Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Convertible Arbitrage Equity Fundamental Market Neutral Long Biased Equity Macro Multi-Style Distressed Securities Multi-Style Long/Short Equity Long Biased Equity Emerging Market Equity (Alternative funds) Asset-Backed Securities Asset-Backed Securities Distressed Securities Merger Arbitrage Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Macro CTA/Managed Futures Long/Short Equity Asset-Backed Securities Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Long Biased Equity Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Long/Short Equity CTA/Managed Futures Multi-Style Multi-Style Long Biased Equity Emerging Market Equity (Alternative funds) Long/Short Equity Emerging Market Equity (Alternative funds)

ManagementCompany

TotAsset(M) FundType

Manager

Alpha Genesis Capital Ltd Hedge Fund FRANCISCO GARCIA PARAMES N.A. Shannon River Capital Management LLC 268.48 Hedge Fund SPENCER WAXMAN Cleveland Capital Management LLC Hedge Fund WADE MASSAD N.A. Global Sigma Group LLC 48.5 Hedge Fund N.A. DG Capital Management Inc 74.5 Hedge Fund DOV GERTZULIN Cushing MLP Asset Management LP 19 Hedge Fund JERRY V SWANK MTB Asset Management LLC/USA 7.3 Hedge Fund TRISTAN BARR Mark Asset Management Corp 75.24 Hedge Fund MORRIS MARK ASTMAX Investment Ltd/Cayman Hedge Fund TOMOHISA OKADA N.A. FRM Investment Management Ltd/Guernsey 87.84 Hedge Fund PAUL LE PAGE RBS Luxembourg SA/Luxembourg 146.69 Hedge Fund N.A. Millrace Asset Group Inc 66.4 Hedge Fund WILLIAM L KITCHEL III Ausbil Dexia Ltd/Australia 30.52 Hedge Fund JOHN GRACE Adelphi Capital LLP 362.89 Hedge Fund RODERICK JACK West Side Advisors LLC 222.8 Hedge Fund GARY LIEBERMAN OP-Fund Management Co Ltd/Finland 65.72 Hedge Fund JORI PETTERI KIVINIEMI Athenaeum Pte Ltd Hedge Fund N.A. N.A. Dexia Asset Management 44.3 Hedge Fund PHILIPPE NOYARD Butler Investment Managers Ltd 143.17 Hedge Fund LAURENT KENIGSWALD Crown One Asset Management Ltd Hedge Fund ALFRED WONG MAN WAI N.A. Chenavari Credit Partners LLP 172 Hedge Fund LOIC FERY Adelphi Capital LLP 622.1 Hedge Fund RODERICK JACK Kairos Partners SGR SpA 87.06 Hedge Fund MASSIMO TRABATTONI Tricoastal Capital Partners LLC Hedge Fund KEITH M SUMMERS N.A. Nevsky Capital LLP 915.22 Hedge Fund NICK BARNES Continental Advisors LLC 27.26 Hedge Fund DAVE PURCELL SG Hiscock & Co Ltd 17.66 Hedge Fund N.A. PENN Capital Management Co Inc 4.29 Hedge Fund KEVIN C ROCHE Navigator Australia Ltd/Australia 5.7 Hedge Fund N.A. Winton Capital Management Ltd Hedge Fund MARK PRECIOUS N.A. Diamond Hill Capital Management Inc/USA 82.1 Hedge Fund RODERICK H DILLON JR RIC Pictet Bank & Trust Ltd 56.68 Hedge Fund THIERRY DEFFOREY Sunnymeath Asset Management Inc 12.4 Hedge Fund JAMES O'MEALIA GLG Partners Cayman Ltd 830.52 Hedge Fund STEVEN ROTH GHP Arbitrium Far East Partners Inc 45.47 Hedge Fund DAVID RUAN Emys Management LLC Hedge Fund ANDREW GLAZE N.A. Caravan Capital Management LLC/USA 6.41 Hedge Fund CLIFF QUISENBERRY Albac Group SA Hedge Fund N.A. N.A. Barak Fund Management Ltd Hedge Fund N.A. N.A. MB Asset Management Ltd Hedge Fund MIKHAEL BOTBOL N.A. Rangeley Capital LLC 52.22 Hedge Fund CHRISTOPHER C DEMUTH JR Cazenove Fund Management Ltd 177 Hedge Fund CHRISTOPHER RICE Pensato Capital LLP 150.19 Hedge Fund GRAHAM CLAPP KeyPoint Capital Management LLC Hedge Fund ROD HINZE N.A. Adelphi Capital LLP 622.1 Hedge Fund RODERICK JACK Symphonia SGR SpA 63.87 Hedge Fund ANDREA DOLSA Forecast Trading Group LLC Hedge Fund JIM BRUNN N.A. South Africa Alpha Capital Management Ltd 95.5 Hedge Fund CY JACOBS P&G SGR SpA 20.86 Hedge Fund FABIANA GAMBAROTA G&J Investments LLC 1.05 Hedge Fund JEEVA RAMASWAMY Nokomis Capital LLC 249.7 Hedge Fund BRETT HENDRICKSON Equity Trustees Ltd/Australia 2.11 Hedge Fund N.A. Ajeej Capital/Cayman Islands Hedge Fund FOUAD DAJANI N.A. Bonfield Asset Management Ltd 42.54 Hedge Fund JOHN BONFIELD Frontaura Capital LLC 109 Hedge Fund NICK PADGETT Egerton Capital LP 1,413.00 Hedge Fund JOHN C ARMITAGE Clarke Capital Management Inc 44.7 Hedge Fund MICHAEL CLARKE Caldwell & Orkin Inc 38.08 Hedge Fund MICHAEL B ORKIN KGR Capital Management LLC 1.17 Hedge Fund FRANK LASSANDRELLO Quotidian Investments LLP 2.49 Hedge Fund SASHA PARMAR Prosperity Capital Management/Cayman Islan 406.5 Hedge Fund ALEXANDER MARKOVICH BRANIS Cooper Creek Partners Management LLC 92 Hedge Fund N.A. GAM Investment Management Lugano SA 57.3 Hedge Fund ENRICO CAMERA

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567

Ticker
SOFEHUI KY NEXSEMO KY PRUENHN KY CKORNPM US GALGEMF VI JORCAPP US MKTFLDA KY CAPSTRO US JLPINCR US ASATARV US SALAOPA KY JBGLRHU KY ACTGVHL GR LONLOAC LX SNOWONE US FAFRICA BH TELIPPI US NLEMMAC KY VISFICH KY GGEUVAL FP TELGIFI US COREURE KY SENVISR US K2AUARA AU CAICRAU ID APGOF01 KY SAMAPOU KY ENERMLP US ASMARF1 KY DOMDEVA KY BATPHYO KY DGHMENV US NOSCEMF KY VALGLOB SM BLSKBAE ID UBSDASF AU MAGDSOS KY EMMKALP KY RENIEBB US MERINHE KY GLBEQLP US AISFUTU US JP1CFXG KY CQSABSF KY LANUEUI KY MAGSMCE KY FRNTWCB KY KULSHAN US AMARJPA SW UBSARS1 AU SIEEOBI KY BBFCROI LX YECYOSP KY NLEMMAU US CRITLLC US SKYFCGP MP HORCLTD KY IPMRCGG ID WALTFND KY ALTPARK MV UBSARFA AU STRAOFF KY MONETAL FP

Name
MARTIN CUR EUROPE HEDG-USD-B NEXSTAR-EMERGING MKTS OPP PRUDENCE ENHANCED INCOME CLARKE-ORION PROGRAM GALLOWAY GLOBAL EMERG FIX IN JORDAN CAPITAL PARTNERS LP MARKETFIELD FUND LTD-A CAPITAL STRUCTURE OPPS LP JLP INSTITUTIONAL CREDIT LP ASA-TAX ADVANT REL VALUE LP SAGIL LATIN AMERICAN OPP-A GAM GLOBAL RATES HEDGE FND-$ ACCLIVIS TGV HELIDOR LONGVIEW-LONG ONLY ABS RET-C SNOW FUND ONE LLC - CLASS A AFRICA OPPORT-ALTREE AFRICA TELEMUS INC & PRIN PRES I LP NEON LIBERTY EMERG MRKT LTD VISION FINANCE CHINA OCEAN GASPAL GESTION EUROVAL PLUS TELEMUS GROWTH & INCOME I LP CORTO EUROPEAN FUND LTD-EUR SENVEST ISRAEL PARTNERS LP K2-AUST ABSOLUTE RETURN-AUD CAIRN CREDIT FUND-A USD ARTEFACT PRTS GLOBAL OPPS-A SWISS ASIA MARCO POLO FD-USD ENERGY MLP INCOME FUND LP ASM ASIA RECOVERY FUND-CL 1 DOMAIN DEVELOPERS FUND-A BATTERY PARK HIGH YIELD OPP DGHM ENHANCED VALUE LP NORTH OF SOUTH EMERG MARK-A$ ADRIZA GLOBAL FIL BLUE SKY BALANCED FUND-A EUR UBS DYNAMIC ALPHA STRAT AUD MAGLAN DISTRESSED OFFSHORE EMERGING MARKETS ALPHA PROGM RENAISSANCE INST EQUITIES-BB MERCURY INTERNATIONAL FD-H E TRADELINK GLOBAL EQUITY LP AIS FUTURES FUND LP 3X-6X JP SPC 1-SP CAP FX G10-A S CQS ABS FEEDER FUND-B USD LANSDOWNE DEVELOPED MKTS-$ MAGA SMALLER COS FUND LTD-A FRONTWAVE CAPITAL LTD-B KULSHAN CAPITAL FUND LP ARAMUS (CH) JAPAN-A UBS ABSOLUTE RETURN S1 AUD SIERRA EUROPE OFF-EUR POR-B BLUEBAY CREDIT OPPORTUNITY-I YELLOW CYPRESS OPPORTUNITIES NEON LIBERTY EMERG MRKT LP CRITERIA INVESTMENT PART LLC FIRECREST INTERNATIONAL-17B HORIZON CREDIT OPPS OFF LTD IPM RAFI CCF GLOBAL FUND THE WALTER FUND INNOCAP GAM GLOBAL RATES-A UBS IF-ABSOLUTE RETURN F AUD STRATEGOS OFFSHORE LTD MONETA LONG SHORT-A

TotRet1Y
13.9 13.9 13.89 13.88 13.87 13.87 13.85 13.86 13.85 13.85 13.84 13.82 13.82 13.81 13.81 13.79 13.78 13.76 13.75 13.71 13.68 13.67 13.6 13.59 13.58 13.57 13.49 13.48 13.46 13.45 13.43 13.41 13.4 13.38 13.37 13.34 13.31 13.29 13.28 13.28 13.26 13.26 13.24 13.2 13.18 13.17 13.08 13.05 13.02 13.02 13 12.99 12.97 12.96 12.95 12.9 12.87 12.85 12.85 12.83 12.82 12.81 12.79

ManagementStyle
Long/Short Equity Emerging Market Debt Fixed Income Arbitrage CTA/Managed Futures Emerging Market Debt Long/Short Equity Multi-Style Capital Structure/Credit Arbitrage Fixed Income Fixed Income Arbitrage Long/Short Equity Macro Multi-Style Long Biased Equity N.A. Long/Short Equity Multi-Style Emerging Market Equity (Alternative funds) Long Biased Equity Distressed Securities Multi-Style Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity Fixed Income Long/Short Equity Multi-Style CTA/Managed Futures Distressed Securities Long/Short Equity Fixed Income Long/Short Equity Emerging Market Equity (Alternative funds) Multi-Style Multi-Style Multi-Style Distressed Securities Emerging Market Equity (Alternative funds) Equity Statistical Arbitrage Long/Short Equity Equity Fundamental Market Neutral CTA/Managed Futures CTA/Managed Futures Asset-Backed Securities Long/Short Equity Long/Short Equity Long/Short Equity Equity Statistical Arbitrage Long/Short Equity Multi-Style Long/Short Equity Fixed Income Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity Multi-Style Fixed Income Arbitrage Macro Macro Macro Multi-Style Long/Short Equity Long/Short Equity

ManagementCompany

TotAsset(M) FundType
8.63 Hedge Fund Hedge Fund 250 Hedge Fund 0.2 Hedge Fund 62.59 Hedge Fund 29.4 Hedge Fund 509.3 Hedge Fund 24.37 Hedge Fund 64.8 Hedge Fund 33.55 Hedge Fund 48 Hedge Fund 197.57 Hedge Fund 92.39 Hedge Fund 67.95 Hedge Fund 56 Hedge Fund 47.1 Hedge Fund Hedge Fund 151 Hedge Fund 31 Hedge Fund 10.41 Hedge Fund Hedge Fund 120.19 Hedge Fund 48.7 Hedge Fund 348.41 Hedge Fund 21.65 Hedge Fund 48.79 Hedge Fund Hedge Fund 8.97 Hedge Fund 572.22 Hedge Fund 2.42 Hedge Fund 48.3 Hedge Fund 32.57 Hedge Fund 44.4 Hedge Fund 3.91 Hedge Fund Hedge Fund 40.5 Hedge Fund Hedge Fund 65 Hedge Fund 5,970.00 Hedge Fund 9.45 Hedge Fund 119.1 Hedge Fund 96.48 Hedge Fund 15.22 Hedge Fund 2,369.00 Hedge Fund 6,900.00 Hedge Fund 180.1 Hedge Fund Hedge Fund 1.75 Hedge Fund 1,800.84 Hedge Fund Hedge Fund 33.1 Hedge Fund 188.75 Hedge Fund Hedge Fund 151 Hedge Fund 14.7 Hedge Fund Hedge Fund 48.2 Hedge Fund 146.83 Hedge Fund 70 Hedge Fund Hedge Fund 14.28 Hedge Fund 78 Hedge Fund 44.14 Hedge Fund

Manager
STEVE FROST PETER W GETSINGER QIAN CHAD LIU MICHAEL CLARKE NATHAN SHOR VAD YAZVINSKI MICHAEL C ARONSTEIN RICHARD HOCKER JEFF PESKIND N.A. BRADFORD JONES ADRIAN D OWENS N.A. N.A. MICHAEL SNOW JENNI CHAMBERLAIN JAMES ROBINSON SATYEN MEHTA CLIVE ZHANG CHRISTIAN GINOLHAC JAMES ROBINSON NILS FRANCKE RICHARD MASHAAL MARK S NEWMAN ANDREW JACKSON RICHARD J BOON N.A. JAMES MURCHIE JIM CHAN KIN N.A. STEVEN ROSENTHAL BRUCE GELLER MATTHEW LINSEY JACOBO BLANQUER CRIADO N.A. MICHAEL KARAGIANIS STEVEN AZARBAD N.A. N.A. RODRIGO BRESSER-PEREIRA RICHARD LEARNER JOHN R HUMMEL MIKKEL THORUP SIMON FINCH PETER DAVIES ANDREW GIBBS FILIPPO GARBARINO NICHOLAS WALTNER KENNETH ZALK MICHAEL KARAGIANIS CHARLES MICHAELS N.A. N.A. SATYEN MEHTA ALI NAQVI THEO SHOU DAVID KINGSLEY BJORN OSTERBERG AYMERIC POULAIN N.A. MICHAEL KARAGIANIS CONSTANTINOS CHRISTOFILIS PATRICE COURTY

Martin Currie Investment Management Ltd Nexstar Capital Partners LLC/USA N.A. Prudence Investment Management Ltd/Hong Clarke Capital Management Inc Galloway Capital Management Ltd Jordan Capital AM LLC Marketfield Asset Management LLC PENN Capital Management Co Inc Phoenix Investment Adviser LLC Alternative Strategy Advisers LLC Sagil Capital LLP GAM Fund Management/United Kingdom HSBC Investments Deutschland Conventum Asset Management Snow Asset Management LLC Altree Capital Ltd Beacon Asset Management LLC N.A. Neon Liberty Capital Management LLC Vision Finance China Ocean Fund Manageme Gaspal Gestion SA Beacon Asset Management LLC N.A. Pictet Asset Management SA/Switzerland RIMA Management Inc K2 Asset Management Ltd/Australia Cairn Capital Ltd/United Kingdom ArteFact Partners LLP/United Kingdom Swiss-Asia Financial Services Pte Ltd N.A. Energy Income Partners LLC/USA Argyle Street Management Ltd Domain Asset Management Ltd Nomura Corporate Research and Asset Mana DGHM Management LLC North of South Capital LLP Tressis Gestion SGIIC SA/Spain BCM & Partners Ltd Liability Partnership N.A. UBS Global Asset Management Ltd/Australia Maglan Capital LP N.A. Cambridge Strategy Asset Management Asia Renaissance Technologies LLC Bresser Administracao de Recursos Ltda TradeLink Global Equity LLC AIS Futures Management LLC Capricorn Asset Management AG CQS Cayman LP Lansdowne Partners LP Otus Capital Management Synarka Advisor SA N.A. Kulshan Capital Management LLC Aquila Investment Ltd UBS Global Asset Management Ltd/Australia N.A. Sierra Global Management LLC BlueBay Asset Management LP AlphaMax Investment Management Ltd/CaymN.A. Neon Liberty Capital Management LLC Naqvi-Van Ness Asset Management LLC Skybound Capital Ltd N.A. Horizon Asset Management Inc IPM Informed Portfolio Management AB Walter Capital Partners SA Innocap Global Investment Management Ltd N.A. UBS Global Asset Management Australia Ltd Archon Capital Management LLC Moneta Asset Management

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630

Ticker
HADREUA KY NODALPB ID TRENMAC US CUSMLPO US BMTHEMA IM ATEXPLA SS TWOPPLD VI HORCRLP US LJMPRGR US MTGMAFA KY BLSTBCM US RHIPLLP US EFGCMSA KY MQASALA AU V2HEDEQ US ALTVIET MV PPCOPPB US SBMTGOP US SIEELPI US JSIEQUI BM RHIPLLT KY BARYONE EK CONSTEQ KY SUNOALI NO EVRYGRO KY APISOSC KY COBCLTD KY COBIALP US SUGAUGI LX PENREEB ID AVIGLFB ID FISPSA1 KY HAMORLS KY FORGHDG CN BIMEQAE IM YEOMAN3 MP PEGGLOB VI JP5PFMS KY FORINEG BH FHEMERS US ABEASEH LX CUTTHUF KY STRLSHG US RIMMGEI JY UFSPTGR KY MPTUSDA VI ZALUSMN US JPAXLFA KY DUETPLS KY SAKGLOB KY JPCAPFX KY MANAPEB BH MANSPCE BH PELLSAE BH MWDETAE ID QBRAZEQ KY LAURGLA VI CONDLUC ID BCMWEST US EXACTAE ID SRGJPPH KY LAZGHA1 BH TESSERA US

Name
HADRON FUND-A NORDIC ALPHA PLC-BNOK TREND MACRO ONSHORE LP CUSHING MLP OPPORTUNITY FD I THEMA ATLANT FONDER-EXPLORA-A TWISTER OPPORTUNITIES LTD-A HORIZON CREDIT OPPS LP LJM PRESERVATION & GROWTH LP MTG SPC-MTG MULTI-ARBITRA-A CRESCAT LONG/SHORT FUND LP RIMROCK HI INCOME PLUS LP NEW CAPITAL STRAT PORTFOL-A$ MACQUARIE ASIAN ALPHA FD V2 HEDGED EQUITY FUND LP INNOCAP VIETNAM FOCUS SUB-FD PLATINUM PART CREDIT OPPSSTONE BEACH MORTGAGE OPP LLC SIERRA EUROPE LP-UNRESTRICT JS INVESTMENTS EQUITIES-I$ RIMROCK HI INCOME PLUS LTD-A BARYON EUROPEAN EQUITY FUND CONSTELLATION FD SPC-EQUIT WARREN DIVERSIFIED 1 EVERYOUNG GROWTH FUND APIS OFFSHORE CAPITAL LTD COBIA CAPITAL FUND LTD-A COBIA CAPITAL PARTNERS LP SUPERFUND GREEN GOLD A$-GI PENSATO EUROPA ABS RE-RB AVI-GLOBAL FUND-B FINISTERRE CREDIT FUND-A1 HAMON ORIENTAL LONG SHORT FD FORMULA GROWTH HEDGE FUND SYMPHONIA ARBITRAGE YEOMAN 3-RIGHTS VALUE ASIA PEGASUS-GLOBAL OPPORTUNITY-A JP SPC 5-PFM SYSTEMATIC SP FORUM INTERNATIONAL EQTY-G FH EMERG MRKTS S/T DEBT FUND AB ALTERNATIVE-ENH ALPHA-SH THE CUTTYHUNK FUND II LTD STRATEGY LONG & SHORT HG LLC RIMIS STRATEGIC GROWTH EURO UFS SPC-PETER THE GREAT SP MPT USD SEGREGATED PORT-A ZACKS LEV US EQTY MARK NEUT JP SPC 1-AXIOM LEGAL FINAN-A DUET GLOBAL PLUS FUND LTD SAKER GLOBAL FUND JP SPC 1-CAPRICORN FX G10-A MAN AP SPECTRUM EUR BONDS-B MAN AP SPECTRUM EUR FUND PELHAM LONG/SHORT FUND-A EUR MARSHALL WACE-MW DEV EUR-A QUEST BRAZIL EQUITY FUND LAURENTIA GLOBAL FUND-A CONTROLFIDA-DELTA UCITS FUND BCM WESTON LP TAIGA FUND-A EUR SR GLOBAL FUND H-JAPAN PT-S1 LAZARD GLOBAL HEXAGON LTD-A1 TESSERA FUND LP

TotRet1Y
12.79 12.77 12.75 12.71 12.72 12.71 12.7 12.7 12.68 12.68 12.68 12.64 12.64 12.63 12.63 12.62 12.6 12.6 12.57 12.55 12.54 12.5 12.46 12.46 12.45 12.44 12.44 12.44 12.41 12.4 12.39 12.36 12.36 12.33 12.33 12.3 12.28 12.27 12.28 12.27 12.26 12.26 12.25 12.25 12.24 12.23 12.23 12.21 12.21 12.19 12.17 12.16 12.16 12.12 12.08 12.03 12.03 12.02 12.02 12.02 12 11.99 11.98

ManagementStyle
Multi-Style Long/Short Equity Macro Long Biased Equity Multi-Style Macro Long Biased Equity Fixed Income Arbitrage CTA/Managed Futures Equity Statistical Arbitrage Long/Short Equity Fixed Income Arbitrage Multi-Style Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Asset-Backed Securities Mortgage-Backed Arbitrage Equity Fundamental Market Neutral Long Biased Equity Fixed Income Arbitrage Long Biased Equity Long Biased Equity Multi-Style Macro Long/Short Equity Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Macro Emerging Market Debt Long/Short Equity Long/Short Equity Long/Short Equity Long Biased Equity Multi-Style CTA/Managed Futures Long/Short Equity Emerging Market Debt Macro Equity Fundamental Market Neutral Long/Short Equity Macro Fixed Income Macro Equity Fundamental Market Neutral Fixed Income Long/Short Equity Multi-Style Multi-Style Multi-Style Multi-Style Long/Short Equity Long/Short Equity Long Biased Equity Macro Long/Short Equity Long Biased Equity Long Biased Equity Long/Short Equity Long/Short Equity Long/Short Equity

ManagementCompany

TotAsset(M) FundType

Manager

Hadron Capital Cayman Ltd Hedge Fund N.A. N.A. Pareto Nordic Investments AS 90.77 Hedge Fund N.A. Trend Capital Management LP 64 Hedge Fund N.A. Cushing MLP Asset Management LP 508 Hedge Fund JERRY V SWANK BIM Alternative Investments SGR SpA 52.22 Hedge Fund FRANCESCO MARINI CLARELLI Atlant Fonder AB 187 Hedge Fund ANDERS KULLBERG Pegasus Asset Management Ltd 11.56 Hedge Fund N.A. Horizon Asset Management Inc 19.17 Hedge Fund MURRAY STAHL LJM Partners Ltd 302.79 Hedge Fund ANTHONY J CAINE MTG Capital Management 26.41 Hedge Fund N.A. Crescat Hedge Partners LLC/USA 5.85 Hedge Fund KEVIN CLARK SMITH Rimrock Capital Management LLC 1,274.00 Hedge Fund DAVE EDINGTON CM Advisors Ltd/Cayman Islands 2.16 Hedge Fund N.A. MQ Portfolio Management Ltd/Australia Hedge Fund NICK BIRD N.A. V2 Capital Partners LP Hedge Fund N.A. N.A. Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Platinum Management NY LLC 173 Hedge Fund MARK NORDLICHT Stone Beach Investment Management LLC 9.56 Hedge Fund DAVID LYSENKO Sierra Global Management LLC 37.5 Hedge Fund CHARLES MICHAELS Safra Asset Management Ltd Hedge Fund N.A. N.A. Rimrock Capital Management LLC 1,274.00 Hedge Fund DAVE EDINGTON Amaryllis Asset Management Ltd 2.84 Hedge Fund N.A. Constellation Asset Management Inc/Brazil 703.83 Hedge Fund FLORIAN BARTUNEK Warren Capital AS Hedge Fund OYVIND TVILDE N.A. Everyoung Capital Management Co Ltd/China 531.35 Hedge Fund N.A. Apis Capital Advisors LLC 24.2 Hedge Fund DANIEL J BARKER Cobia Capital Management LP Hedge Fund JEFFREY MEYERS N.A. Cobia Capital Management LP Hedge Fund JEFFREY MEYERS N.A. Quadriga Fund Management Inc 24.65 Hedge Fund N.A. Pensato Capital LLP 132.27 Hedge Fund GRAHAM CLAPP Asset Value Investors Ltd 6.84 Hedge Fund N.A. Finisterre Cayman Ltd 367.37 Hedge Fund RAFAEL BIOSSE DUPLAN Hamon Asset Management BVI Ltd 5.52 Hedge Fund N.A. Formula Growth Ltd 168.2 Hedge Fund JOHN LIDDY BIM Alternative Investments SGR SpA/Italy 113.87 Hedge Fund ANDREA DOLSA Yeoman Capital Management Pte Ltd 96.28 Hedge Fund YEO SENG CHONG Global Fund Advisors BVI Ltd 20.08 Hedge Fund N.A. Quantis Asset Management SA 4.86 Hedge Fund N.A. FIE Investment Management Ltd Hedge Fund RODERICK M FORREST ROD N.A. FH International Asset Management LLC 17 Hedge Fund STEVEN A LANDIS STEVE AllianceBernstein Luxembourg SA 187.77 Hedge Fund JOEL J MCKOAN JJ Optima Management Partners LP/Bermuda 8.01 Hedge Fund N.A. Credit Suisse Hedging-Griffo Servios Internac 20.88 Hedge Fund LUIS STUHLBERGER Rathbone Investment Management Internatio N.A. Hedge Fund DAVID COOMBS UFS Finance Investment Co LLC Hedge Fund ELENA ZHELEZNOVA N.A. MPT Asset Management Corp 335.21 Hedge Fund DIEGO STELLA Zacks Investment Management Inc 67 Hedge Fund BEN ZACKS Tangerine Investment Management Ltd 78.62 Hedge Fund N.A. Duet Asset Management Ltd Hedge Fund JASON MCNAB N.A. Saker Capital Zrt Hedge Fund N.A. N.A. Capricorn Currency Management Cayman Ltd 11.16 Hedge Fund N.A. Man Investments Ltd 1.37 Hedge Fund N.A. Man Investments Ltd 1.37 Hedge Fund N.A. Pelham Capital Management LLP 1,540.00 Hedge Fund ROSS TURNER Marshall Wace LLP Hedge Fund ANTHONY CLAKE N.A. Quest Brazil Investment Management Co 14.61 Hedge Fund ALEXANDRE SILVERIO Laurentia Management Ltd 8.69 Hedge Fund NEIL MCDONALD MEADOWS Controlfida Management Co Ltd 168.9 Hedge Fund N.A. Billings Capital Management LLC 36.3 Hedge Fund ERIC P BILLING Taiga Fund Management AS Hedge Fund OLA WESSEL-AAS N.A. Sloane Robinson LLP Hedge Fund HUGH SLOANE N.A. Lazard Asset Management LLC 53.62 Hedge Fund JEAN-DANIEL MALAN RK Capital Management LLC 33.8 Hedge Fund ROBERT T AMMANN

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693

Ticker
AREMMAU KY HERABRT AU GSJGLFL AU OBCAPCM KY BRHAMON US ADALPHA KY BCMMKNE ID HARBRES US HTAAAMO KY INFCLEV VI HAJUPTR US KRCAPLP US TESSEQP US SSTEHFR LX CCMTLCM US APSASPH KY SKOPOHG US PERWHIS BH OLYWFRI BH SCFVFLP US BENLSEQ AU BRAHIND KY BLTHPLP US EVRYOPP KY INFLPIA KY IRONBAY US PANGOLN KY TREVOPP US CRIDGFB BM MANAPA2 BH CONCISP US PBRELFI US TESSOFF KY AZALISE IM SANDFLY US CERAG2A KY EURSMCO KY LNGEUOA KY ALTAGLE KY SAFFOSL VI CONPART US SHRTNLP US LVPACOP KY FORGPER US PABRIF3 VI ANEURFD NA ALPEMFA VI ACEDDCA US CONHEAL US APISCAP US LOYSMHA GR DLFDHMA KY JPSPCQL KY LMPFSMB ID GARHVLP US GARHVCI KY AHPACOB KY QDTYQED US CONCIS2 KY TANSSED KY PROBGLE KY ALISEUR ID TRWFDLP US

Name
ARMAJARO EMERGING MARKETS-A$ BENNELONG KARDINIA ABS RET F GS GLOBAL FLEX FUND OBSERVATORY CREDIT MKTS F-A1 BRIDGEHAMPTON MONUMENT FUND ADDED ALPHA LTD-A EUR0 BCM HIGH YIELD FUND PLC- HARBOR RESERVE FUND LP HT ASIAN ALPHA AMOEBA FUND INFINITY CAP LEVERAGE-A$ HAIDAR JUPITER FUND LLC KR CAPITAL PARTNERS FUND LP TESSERA QP FUND LP STAR4-EQUITY HEDGE FUND-A CCMT-LONG COMMODITY APS ASIA-PACIFIC HEDGE FD-A SKOPOS HG FUND LLC PERINVEST WHISTLER FUND-A$ WINCHESTER FRONTIER LIMITED SC FUNDAMENTAL VALUE FUND LP BENNELONG LONG SHORT EQUITY BRAHMA INDIA FUND LTD BLACKTHORN PARTNERS LP EVERYOUNG OPPORTUNITIES FUND INFLECTION POINT INV CO-A IRON BAY FUND LP PANGOLIN ASIA FUND-A TREVI OPPORTUNITIES ONSHORE CRESTA INV DYNAM GROW DGF-B MAN AP STRATUM SERIES A2 EUR CONCISE CAP ONSHORE FUND LLC PYATT BROADMARK REAL EST LEN TESSERA OFFSHORE FUND LTD-A AZIMUT ALISEO SANDFLY PARTNERS LTD CERES AGRICULTURE II-A-1X EURONOVA SMALLER COM-C1 LNG EUROPA CREDIT FD-$OA ALTAVISTA GLOBAL EQUITY FUND SYSTEMATIC ALPHA FUTURESLTDA GRT CONCENTRIC PARTNERS LP SHERATON PARTNERS LP LV PACIFIC OPPORTUNITIES FORMULA GROWTH PERINVEST PRT PABRAI INVESTMENT FUND 3 LTD ANTAURUS EUROPE FUND ALPHEUS GLOBAL LONG SHORT-A$ ACE DYNAMIC DOLLAR COST AVER CONTINENTAL HEALTHCARE FUND APIS CAPITAL LP LOYS GLOBAL MH-A DANSKE HEDGE MTGE ARB - DKK JP SPC 1-QUANTUM LEAP SP LAMP UCITS IRE 1-FIRST SMB GARGOYLE HEDGE VALUE FUND LP GARGOYLE HEDGED VALUE CI LTD AHP ASIA CREDIT OPPORTUNITES QED FUND II LLC CONCISE SH/TTRM HI/YLD 2X FD TANAGER SPC-SPEC SIT EUR-D PROBUS INVESTMENT FND-GLB EQ AZ CAP MGMT-ALISEO EUROPE TRADEWINDS FUND LP

TotRet1Y
11.96 11.95 11.95 11.95 11.94 11.93 11.93 11.89 11.88 11.88 11.87 11.87 11.86 11.83 11.82 11.81 11.79 11.79 11.79 11.78 11.78 11.77 11.76 11.76 11.76 11.76 11.75 11.75 11.75 11.74 11.74 11.73 11.73 11.7 11.71 11.7 11.68 11.66 11.65 11.65 11.63 11.56 11.55 11.54 11.53 11.53 11.45 11.44 11.39 11.38 11.37 11.31 11.26 11.24 11.22 11.22 11.21 11.16 11.15 11.15 11.14 11.1 11.09

ManagementStyle
Macro Long/Short Equity Long/Short Equity Capital Structure/Credit Arbitrage Multi-Style Macro Fixed Income Macro Long Biased Equity Multi-Style Macro Long Biased Equity Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Macro Long Biased Equity Long/Short Equity Long/Short Equity Long/Short Equity Multi-Style Multi-Style Fixed Income Fixed Income Long/Short Equity Long/Short Equity Long Biased Equity CTA/Managed Futures Long/Short Equity Fixed Income Long/Short Equity CTA/Managed Futures Long/Short Equity Fixed Income Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Long/Short Equity Long/Short Equity Mortgage-Backed Arbitrage CTA/Managed Futures Long/Short Equity Long/Short Equity Long/Short Equity Fixed Income Arbitrage CTA/Managed Futures Multi-Style Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Emerging Market Equity (Alternative funds)

ManagementCompany

TotAsset(M) FundType

Manager

Armajaro Asset Management LLP Bennelong Funds Management Ltd Goldman Sachs Asset Management Australia Observatory Capital Management LLP N.A. Bridgehampton Capital Management LLC ZZ Vermogenverwaltung GmbH BCM & Partners LLP Iron Harbor Capital Management LLC N.A. HT Capital Management Ltd/Hong Kong Infinity Capital Management Ltd N.A. Haidar Capital Management LLC KR Capital Advisors Inc/USA RK Capital Management LLC Alpha Fund Management SARL N.A. Covenant Capital Management LLC APS Asset Management Pte Ltd Skopos Asset Management Inc Perinvest Management Ltd/United Kingdom Essex Investment Management Co LLC SC Fund Management LLC Bennelong Long Short Equity Management PtN.A. Brahma Management Ltd Blackthorn Investment Group LLC Everyoung Capital Management Co Ltd/China Inflection Point Investments LLP/United Kingd Iron Bay Capital Management LLC Pangolin Investment Management Ltd/Cayma Trevi Opportunities Managers LLC FC Capital Investment Ltd N.A. Man Investments Ltd Concise Capital LLC Pyatt Broadmark Management LLC RK Capital Management LLC Azimut Capital Management SGR SpA/Italy ES Barr & Co FourWinds Capital Management N.A. Euronova Asset Management Ltd LNG Capital LLP N.A. Altavista Investment Management UK LLP Systematic Alpha Management LLC Concentric Advisors LLC/USA Sunnymeath Asset Management Inc Lanin Partners SpA/Chile Formula Growth Ltd Dalal Street LLC Antaurus Capital Management BV Proxima Investment Management Ltd ACE Investment Strategists LLC Continental Advisors Apis Capital Advisors LLC Universal-Investment/Luxembourg Danske Bank A/S QL Capital SA de CV Lantern Structured Asset Management Ltd/Ire Gargoyle Asset Management LLC Gargoyle Services LLC Aspen Hill Partners Ltd/Hong Kong Quiddity LLC Concise Capital Advisers LP Tanager Asset Management Probus Compagnie SA AZ Capital Management Ltd/Ireland Tradewinds Investment Management LP

49 Hedge Fund MICHEL DANECHI 19.31 Hedge Fund KRISTIAAN REHDER 4 Hedge Fund N.A. Hedge Fund SHAZAD GHAFFAR 4.32 Hedge Fund KENNETH E LEE 43.3 Hedge Fund N.A. 6.9 Hedge Fund N.A. Hedge Fund GRAVELLE PIERRE 152.91 Hedge Fund OPHELIA TONG TZE-MING Hedge Fund DAVID BROWN 140.8 Hedge Fund SAID HAIDAR 87.65 Hedge Fund EDWARD DAVID KLEIN 29.1 Hedge Fund ROBERT T AMMANN Hedge Fund N.A. 158.34 Hedge Fund SCOT BILLINGTON 283.23 Hedge Fund KOK-HOI WONG 69.33 Hedge Fund LUIS STUHLBERGER 48.1 Hedge Fund N.A. 6.16 Hedge Fund JOSEPH C MCNAY 46.1 Hedge Fund PETER M COLLERY Hedge Fund RICHARD FISH 65 Hedge Fund GULBIR MADAN 267 Hedge Fund TODD BANKS 137.78 Hedge Fund N.A. 43.8 Hedge Fund CHARLES ELLIOTT 2.11 Hedge Fund ROBERT BOLTON 30.8 Hedge Fund JAMES HAY 30 Hedge Fund ANDREW A FINK Hedge Fund N.A. 15.32 Hedge Fund N.A. 0.47 Hedge Fund GLENN S KOACH 17.6 Hedge Fund JEFFREY PYATT 12.3 Hedge Fund ROBERT T AMMANN 249.55 Hedge Fund BALDIN ALESSANDRO 0.03 Hedge Fund EDWARD S BARR Hedge Fund MARK RZEPCZYNSKI 42 Hedge Fund HENRY REID Hedge Fund STEVEN S MITRA 154.56 Hedge Fund ARUN AGARWAL 69 Hedge Fund ALEXEI CHEKHLOV 40 Hedge Fund EDMUND D KELLOGG 5 Hedge Fund JAMES O'MEALIA 65 Hedge Fund SONIA VILLALOBOS 16.5 Hedge Fund JOHN LIDDY 155.28 Hedge Fund MOHNISH PABRAI 49.33 Hedge Fund MARC LANGEVELD 9.2 Hedge Fund N.A. 0.4 Hedge Fund YU-DEE CHANG 64.44 Hedge Fund DAVE PURCELL 9.5 Hedge Fund DANIEL J BARKER 25.03 Hedge Fund N.A. 869 Hedge Fund TOM ROSENKRANS 5.04 Hedge Fund N.A. 352.03 Hedge Fund N.A. 142 Hedge Fund JOSHUA B PARKER 142 Hedge Fund JOSHUA B PARKER 59 Hedge Fund N.A. 16 Hedge Fund DONALD NEWELL 5.31 Hedge Fund GLENN S KOACH 4 Hedge Fund EDUARD SELIGMAN-SCHUERCH 23.58 Hedge Fund GEORGES DE PREUX 36.12 Hedge Fund FERMO MARELLI 56.78 Hedge Fund SCOTT P PETERS

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756

Ticker
SEVRILP US RENREES KY SKYQUES US BLATHOA BH LANGLFS KY CEDAROS KY CMCHCSF KY SCFBVIA VI FRFORLP US DELLATN US PAX LN OPTPJAI BH GONDWEU KY SWEQFLP US TRWCAPL US GLGDISA KY LAELOER KY MLISOZ1 LX RENZACC KY STCINXA VI BLULIOU US ESVBVHF AV TERSUBS MV ACUCOLP US CEDARLP US VALLEAF KY OLYWSCI KY TRWCAYL KY MAINAVA US MAINAVO KY MAINAVF US IIIFNDI KY BGUSDGFH CN SUOFFWA KY WEINACT US RESMA1C KY UNICELE TL MWETFAE ID BBEMOID LX SCHGVEF AU INDCBFQ MP MANSIVE BH CEASOPP AU ABEHYI KY IIISCRA US PGLOBMC LE ARTEGLO US CATOFFS KY NAMQUAN KY VERINVP US RICHAAR KY RIROLOV US RIROLVC KY CRESCOA GU NTUSESP KY ALEURLF LX GARDLEW US BONVENB US FMANIA1 ID SWGLCRC KY NODOMGB ID GRCAPNR US NRCNSGLP CN

Name
SEVERN RIVER CAPITAL PART LP RENAISSANCE REAL ESTATE FUND SKYLANDS QUEST LLC BLACKTHORN FUND LTD-A LANSDOWNE GLOBAL FIN FUND-N CEDAR STREET OFFSHORE L/S-A CMBI-CHINA SECTOR FOCUS-A SC FUNDAMENTAL VALUE BVI - A FRONTFOUR CAPITAL PRTNS LP DELTEC EMERGING MARKET INCOM PACIFIC ALLIANCE ASIA OPP FD THE PLATINUM JAPAN FD-USD GONDWANA FUND LIMITED-EURO SUMMIT WATER EQUITY FUND LP TRADEWINDS CAPITAL LP GLG EUROPEAN DISTRESSED-A LANSDOWNE EUR L/O FEED- REL MLIS-OCH-ZIFF EUR M/S-BA RENAISSANCE ZIMBABWE ACCESS STATETRUST-ENHANCED INDEX-A BLUE LION CAPITAL LP VBV HTM FONDS TERTIUS SUBSTANZWERT PORTF ACUITY CORPORATE OPP PART LP CEDAR STREET FUND L/S-A VALLEA FUND WYNNEFIELD SMALL-CAP VALUE TRADEWINDS FUND CAYMAN LTD MAINSTREAM-ACTIVE VALUE II MAINSTREAM-ACTIVE VAL OFFSH MAINSTREAM-ACTIVE VALUE FUND III FUND LTD-SERIES I BRISTOL GATE US DIV GROW-H SUMMIT OFFSHORE WATER EQUITY WESTERN INVEST ACTIVISM PART RESILIENCE SP-MA1 CHF UNIVERSAL SOVEREIGN DYNAMIC MW EUROPEAN TOPS FUND-A EUR BLUEBAY EM MARKETS OPPS-I$ SCHRODER GLB VALUE EXTENSION INDIA CB FUND-CLASS Q MAN AP ENHANCED SER IV-EUR CERTITUDE ASIAN OPPORTUNITIE ADELANTE-EMERGING DEBT FUND III SELECT CREDIT FUND LP-A THE PROFIT GLOBAL MACRO FUND ARTEAGA GLOBAL PARTNERS LP CATALYSIS OFFSHORE LTD SINOPAC MULTI STRATEGY QU FD VERITY INVESTMENT PARTNRS LP RICHLAND ASIA ABS RET FND RIMROCK LOW VOLATILITY FD LP RIMROCK LOW VOL CAYMAN FD UTTRUP INV MAN FUND-CRESCO- NEW TREND SPC-US EQUITY SP ALCENTRA SICAV-SIF-EUR LOAN GARDNER LEWIS FUND LP BONAVENTURE INVESTMENTS LP-B FIRST MULT/ASSET ACT-NOK/IA1 SW GLOBAL CRED OPPORT FD LTD NORDIC OMEGA PLC-BNOK GRAND SLAM CAP PARTNERS LP NORTHERN RIVERS CONS GRW LP

TotRet1Y
11.09 11.08 11.05 11.03 11.03 11.01 11.01 11 10.99 10.98 10.96 10.95 10.93 10.92 10.92 10.89 10.88 10.88 10.88 10.86 10.86 10.84 10.83 10.83 10.82 10.82 10.78 10.77 10.76 10.76 10.76 10.76 10.76 10.73 10.7 10.69 10.69 10.67 10.66 10.65 10.64 10.64 10.64 10.63 10.63 10.62 10.6 10.58 10.58 10.58 10.57 10.56 10.56 10.56 10.56 10.55 10.54 10.54 10.51 10.5 10.48 10.48 10.47

ManagementStyle
Long/Short Equity Multi-Style Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Distressed Securities Emerging Market Debt Multi-Style Long/Short Equity Long/Short Equity Long Biased Equity Emerging Market Equity (Alternative funds) Distressed Securities Long Biased Equity Multi-Style Long Biased Equity Equity Fundamental Market Neutral Long/Short Equity Fixed Income Long/Short Equity Fixed Income Long/Short Equity Multi-Style Long Biased Equity Emerging Market Equity (Alternative funds) Long Biased Equity Long Biased Equity Long Biased Equity Fixed Income Arbitrage Long Biased Equity Long Biased Equity Multi-Style Macro Macro Long/Short Equity Emerging Market Debt Long/Short Equity Capital Structure/Credit Arbitrage Multi-Style Long Biased Equity Emerging Market Debt Fixed Income Arbitrage Macro Long/Short Equity Long/Short Equity CTA/Managed Futures Capital Structure/Credit Arbitrage Multi-Style Fixed Income Fixed Income Long/Short Equity Long/Short Equity Fixed Income Long/Short Equity Multi-Style Macro Emerging Market Debt Multi-Style Long/Short Equity Long/Short Equity

ManagementCompany

TotAsset(M) FundType
51.74 76.1 91 5.39 19 47.4 65 52.01 186.93 43.35 10.98 91.69 9.11 97 166.16 9.49 141.16 Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
N.A. N.A. CHARLES PAQUELET TODD BANKS WILLIAM DE WINTON GLEN SCHNEIDER RAYMOND SEN PETER M COLLERY DAVID A LORBER N.A. CHRIS GRADEL KERR NEILSON URS MARTI JOHN I DICKERSON SCOTT P PETERS GALIA VELIMUKHAMETOVA STEVEN A HEINZ MICHAEL L COHEN N.A. DAVID VURGAIT CHUCK GRIEGE N.A. MARKUS B SEYWERD DAVID J HARRIS GLEN SCHNEIDER N.A. JOSHUA LANDES SCOTT P PETERS BILL JENKINS BILL JENKINS BILL JENKINS CLIFFORD VINER RICHARD HAMM JOHN I DICKERSON ARTHUR D LIPSON ART STEFANO RUGGERI CHRISTOPHER LABROW ANTHONY CLAKE DAVID DOWSETT DAVID PHILPOTTS N.A. N.A. N.A. JULIAN ADAMS LESTER COYLE RICHARD WERNER IVAN ARTEAGA JOHN P FRANCIS GLADYS LANG JOHN O'ROURKE ALEX AU DAVE EDINGTON DAVE EDINGTON JESPER UTTRUP MARC RUDOLF VON ROHR GRAHAM RAINBOW WHITFIELD GARDNER PETER MONTALBANO COLM TORPEY DAVID C HINMAN N.A. MITCHELL SACKS ALEX RUUS

Severn River Capital Management LLC N.A. Renaissance Real Estate Holding Ltd/British V Skylands Capital LLC Blackthorn Investment Group LLC Lansdowne Partners LP SG Capital Management LLC CMB International Asset Management Ltd N.A. SC Fund Management LLC FrontFour Capital Group LLC/USA Deltec Asset Management LLC Pacific Alliance Investment Management Ltd/B Optima Management Partners LP/Bermuda Schaerer Meier Partner AG Summit Global Management Inc Tradewinds Investment Management LP GLG Partners LP Lansdowne Partners International Ltd N.A. OZ Management LP Renaissance Investment Management UK LtdN.A. StateTrust Capital LLC Blue Lion Capital Management LP N.A. VBV-Pensionskasse AG Tertius Capital N.A. Acuity Capital Partners LLC N.A. SG Capital Management LLC Vallea Capital Ltd N.A. Wynnefield Capital Inc Tradewinds Investment Management LP Mainstream Investment Advisers LLC Mainstream Investment Advisers LLC Mainstream Investment Advisers LLC III Offshore Advisors Bristol Gate Capital Partners Inc N.A. Summit Global Management Inc Western Investment LLC Resilience AG Sovereign Global Investment Ltd Marshall Wace LLP N.A. BlueBay Asset Management LP Schroder Investment Management Australia LN.A. Alchemy Investment Management Pte Ltd Man Investments Ltd Certitude Global Investments Ltd Adelante Asset Management Ltd III Associates/USA LLB Fund Services AG/Liechtenstein Arteaga Capital Management LLC N.A. Francis Capital Management LLC SinoPac Asset Management Asia Ltd Verity Advisors LLC Richland Asset Management Ltd Rimrock Capital Management LLC Rimrock Capital Management LLC Uttrup Investment Mangement Fund PCC N.A. New Trend Capital Partners Ltd N.A. Alcentra Group Ltd N.A. Gardner Lewis Partners LLC Bonaventure Managers LLC Lantern Structured Asset Management Ltd SW Asset Management LLC Pareto Nordic Investments AS Grand Slam Asset Management LLC Northern Rivers Capital Management Inc

3 64.9 11.86 195.7 195.7 195.7 120 75.87 10.1 17.63 0.7 188 6.82 6.66 3.13 77.01 53 2.57 26.51 21.25 20 86.59 289 289

37.58 13.34 225.72 3.76 163.87 21.85 14.21

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819

Ticker
CSPGMTR AV DIVEFXP KY POLLPBE KY NRGENLP CN PASCSP5 US BMFUTUR BH PSPEOUS MV CENTURF KY LANGLFU KY HANOVER US KSASAIC JY CAMAAEI ID ELCOSEL US ACASIPR US PRMFIAQ VI HLDVFCD US PERGOAQ VI JFGCA03 KY AKTAGKA SS SAMASMA KY SWGLCRU US PARAFUN US AURAGSF BH BLOEMEN NA GOGREEN SJ PHNABRE CN LAQEGXA AU BELMALA KY LANGLER KY POLCESC KY ENNESMI KY ENTDIVS US MLWLTAR AU KISGLMS AU AISFUT2 US MERINTF KY BCCBRCI BH SMIDEFN CN EXABRBU VI GLGISCA KY BEHEVAF SM BLKAFUI LX CATPLLC US TURPDYA VI FPPYTTA KY ARNONEA KY BEACHTR US RAILSPL US VERAIUS ID AVISCGA ID FAABRAI KY LANGLFE KY ARCVOLA VI FORIEII BH ECCOSTU KY HCAPDUS KY APARSLP US BRUMZEN SS IIIRVLT KY HUNCAPP US CRGLMAC US CAZUDAA KY TYLVSTK US

Name
SPAENGLER GLOBAL MACRO TRUST CCIB SPC-DIVERSI FX TRADE EU POLLUX BRAZILIAN EQUITIES-AD NORTHERN RIVERS GL ENERGY LP PASKEWITZ-CONTRA S&P 500 IND BROADMARK DYN ENH EQ ALPHA PRESTIGE PLC-EQUITY OPT-USD CENTURION FUND LANSDOWNE GLOBAL FIN FUND-N$ HANOVER STRATEGIC VALUE FUND KS ASIA ABSOLUTE RETURN IC CASTLERIGG MERGER ARB-EUR IN ELCO SELECT FUND LP ACE AGGRESSIVE STOCK IDX P-R PERMAL FXD INC SPECIAL OP-AQ HIGHLAND DIVERSIF CRED FD LP PERMAL GLOBAL OPPORTUNITE-AQ JF GREATER CHINA ABS RET-030 AKTIE-ANSVAR GRAAL KVANTHE-A SAMENA ASIA BOND FUND-A SW GLOBAL CRED OPPORT FD LLC PARALLAX FUND LP AURUM AGGRESSIVE STERLING FN FONDS BLOEMENDAAL PEREGRINE GRP GO GREEN FUND PH&N ABSOLUTE RETURN FUND LAZARD QU EQ GL X-AUS 130/30 CHEYNE MALACCA ASIA EQUITY LANSDOWNE GLOBAL LONG ON-R POLAR CAP EURO FORAGER FU-A ENNISMORE EUROPEAN SML HDG A ENTRUST DIVS SEL EQ LP-B MLC PIC-WHL LONG TERM ABS RE KIS ASIA LONG SHORT FUND AIS FUTURES FUND II LP 2X-4X MACRO HEDGE BERMUDA CAPITAL COMPANY LTD SMI DEFENSIVE LP EXCALIBUR ABSOLUTE RET-N USD GLG INTL SML MID CAP FUND A BESTINVER HEDGE VALUE FUND BLACKROCK AGRICULTURE FD-I$ CATALYSIS PARTNERS LLC TURKISH DYNAMIC ALLOCATION YELLOW TIGER GREATER CHINA-A ARNOVA FUND SP ONE-A BEACHWOOD TOTAL RETURN LLC RAIL-SPLITTER FUND LP VERITAS CHINA-INST-A-INC-$ ASSET VAL INV-SMALL CAP GL-A FA SPC-ABS RET ALT INC FD SP LANSDOWNE GLOBAL FIN FUND-N ARCANUM VOLATILITY FUND LTD TERRA FORUM EMERG ASIA PROP ECAMOS CORE STRATEGY FND-USD HCAP DIVERSIFIED FUND-USD APOLLO ABSOLUTE RETURN LP BRUMMER & PARTNERS ZENIT III REL VALUE CREDIT LTD-1 HUNTRISE CAPITAL PARTNERS CRESCAT GLOBAL MACRO FUND LP CAZENOVE UK DYNAM ABS RET-A TANYARD CREEK-LIVESTOCK PROG

TotRet1Y
10.46 10.46 10.42 10.4 10.39 10.39 10.38 10.37 10.37 10.37 10.36 10.35 10.35 10.32 10.31 10.3 10.29 10.29 10.27 10.26 10.24 10.22 10.22 10.2 10.17 10.16 10.15 10.14 10.15 10.13 10.13 10.13 10.1 10.1 10.05 10.06 10.05 10.05 10.05 10.03 10.02 10.02 10.02 9.97 9.97 9.97 9.96 9.94 9.94 9.93 9.9 9.89 9.89 9.89 9.88 9.88 9.87 9.85 9.85 9.84 9.84 9.83 9.83

ManagementStyle
Macro CTA/Managed Futures Long/Short Equity Long/Short Equity CTA/Managed Futures CTA/Managed Futures Long/Short Equity Multi-Style Long/Short Equity Multi-Style Multi-Style Merger Arbitrage Long/Short Equity CTA/Managed Futures Emerging Market Debt Fixed Income Macro Long Biased Equity Long/Short Equity Fixed Income Emerging Market Debt Equity Statistical Arbitrage Multi-Style Multi-Style Fixed Income Multi-Style Equity Fundamental Market Neutral Long/Short Equity Long Biased Equity Long/Short Equity Long/Short Equity Multi-Style Macro Long/Short Equity CTA/Managed Futures Long/Short Equity Macro Convertible Arbitrage Macro Long Biased Equity Equity Fundamental Market Neutral Long Biased Equity Long/Short Equity Emerging Market Debt Long Biased Equity Multi-Style Fixed Income Long/Short Equity Long/Short Equity Macro Multi-Style Long/Short Equity Macro N.A. Macro Fixed Income Macro Long/Short Equity Capital Structure/Credit Arbitrage Equity Statistical Arbitrage Macro Long/Short Equity CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType
Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
RICHARD WERNER CLEMENT TUNG RODRIGO FONSECA ALEX RUUS BRADFORD PASKEWITZ CHRIS GUPTILL N.A. RAUL FERNANDEZ DIAQUE WILLIAM DE WINTON CALEB F ALDRICH KYLE SHIN THOMAS E SANDELL PAUL ELLIOT YU-DEE CHANG HARI HARIHARAN JAMES D DONDERO HARI HARIHARAN HOWARD WANG N.A. RICHARD YANG DAVID C HINMAN DANIEL HUTCHISON N.A. JOHN VAN DER SCHENK WILLIE VILJOEN HANIF MAMDANI PAUL MOGHTADER CALUM GRAHAM STEVEN A HEINZ ROBERT GURNER GEOFF OLDFIELD N.A. SUSAN GOSLING MIKE SURRIDGE JOHN R HUMMEL RODRIGO BRESSER-PEREIRA N.A. LOUISE MORWICK JAMES WALLACE N.A. N.A. N.A. JOHN P FRANCIS N.A. JONATHAN NEILL N.A. GARY SINGLETERRY RICHARD FRADIN EZRA SUN N.A. N.A. WILLIAM DE WINTON N.A. DANIEL BARAZ N.A. STEVE HOWELL N.A. PER JOSEFSSON CLIFFORD VINER LARRY S EIBEN KEVIN CLARK SMITH PAUL MARRIAGE RANDALL E CLELAND

Carl Spaengler KAGmbH/Austria 4.07 STI Wealth Management N.A. Pollux Capital Administracao de Recursos LtdN.A. Northern Rivers Capital Management Inc 4.42 Paskewitz Asset Management LLC 146 Broadmark Asset Management LLC 19.45 Prestige Asset Management Ltd N.A. Internacional de Capitales SA de CV 172.24 Lansdowne Partners LP 45.7 Hanover Strategic Management LLC 22.28 GEN2 Partners Global Alternative Investment 114.69 Sandell Asset Management Corp 78.39 ELCO Management Co LLC 48.15 ACE Investment Strategists LLC 0.8 NWI Management LP 522 Highland Capital Management LP 61.61 NWI Management LP 266 JF Asset Management Ltd 8.84 Aktie-Ansvar AB/Sweden 330 Samena Investment Management Ltd/Cayma 55 SW Asset Management LLC 11.63 Parallax Volatility Advisors LLC 356 Aurum Fund Management Ltd 1.41 Bloemendaal Investment Management BV 12.82 Green Oak Capital Management 361.1 RBC Global Asset Management Inc 755.24 Lazard Asset Management Pacific Co 295.11 Cheyne Capital Management UK LLP 42 Lansdowne Partners International Ltd N.A. Polar Capital LLP 392.1 Ennismore Fund Management Ltd 51 EnTrust Partners LLC 19.15 MLC Investments N.A. KIS Capital Partners Pty Ltd N.A. AIS Futures Management LLC 39 Bresser Administracao de Recursos Ltda 9.22 Smith & Williamson Investment Management 163 Silvercreek Management Inc 143.1 Excalibur Funds Management Pty Ltd/Austral 45 GLG Partners LP 10.26 Bestinver Gestion SA SGIIC/Spain 180.88 BlackRock Investment Management UK Ltd/U 125 Francis Capital Management LLC 50.42 Analytical Investment Advisors Ltd 16.47 FPP Asset Management LLP/United Kingdom 8.25 Arnova Asset Management Ltd N.A. Singleterry Mansley Asset Management Co L 68.9 Rail-Splitter Capital Management LLC 183.79 Veritas Asset Management UK Ltd/United Kin 73.61 Asset Value Investors Ltd 4.49 Fund Advisers Group SA/Switzerland N.A. Lansdowne Partners LP 62.42 Swiss-Asia Financial Services Pte Ltd 1.8 FIE Investment Management Ltd N.A. Templar Capital Management SA 20.2 HCap Pty Ltd 6.6 Cambridge Strategy Asset Management Asia 77 Zenit Asset Management AB/Sweden 10,043.00 III Offshore Advisors 186 TFS Capital LLC/USA 66.64 Crescat Partners LLC 40.86 Cazenove Capital Management Ltd 98.9 Tanyard Creek Capital LLC 55.8

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882

Ticker
FCEUELS LX SPEPOWA KY IIIRVCS US TALACTE KY RIMMGSI JY SCSTIRA LX WEDTECH US ZEALCHI KY SIOPART US MWCOREA ID LTEPART US SWCGRCH US SECZENU ID GRDHVLD KY GRDHVLP US LLGASPI KY CHEETAH US HENLUAU LX HALEVDR KY TSAICAP US WEINTRP US GRABLSC US AURAGEF BH FEPACIF KY JPCAP10 KY ARBRUSB KY WHINSCS US PABRIF4 US HARMFDR KY BASDVII KY HUNTRGP BH BLAENVN KY ADAPALP US DAVSTLP US KONFESP KY AMPRTSO KY STRASOP KY SMBSPCP NT HAVINEN BH PARAOFI KY PRFXDEF LX BARKERA KY MAINGAV US CAMAMAP KY MATTERO IM TERHIIN CN LYCDTSU JY SUNOAII NO GOODCAPT CN ARXBRLS KY ARCCABC SW MTGCAFA KY BIMELGS IM DUMENAU KY IPASBFA KY ACESIPR US ZADIGAE KY MPTEURO VI BLACKHC FH HKPTRLP US JBCRDSD KY SPHGEAD ID GAMCRKP US

Name
FAREMA CAP-EUROPEAN EQY LS- SPECTRA SPC-POWERFUND-A III RELATIVE VALUE CRED LP GAM TALENTUM EUROPE L/S-A RIMIS STRATEGIC GROWTH DIS SIGNINA CAPITAL-SC STIRT3-A WEDBUSH TECHNOLOGY FUND LP ZEAL CHINA FUND LTD SIO PARTNERS LP MW CORE FUND - A EUR LTE PARTNERS LLC STONEWATER CAP GREATER CHINA SECTOR ZEN FUND-A USD GRAND HAVEN CAPITAL FD LTD-A GRAND HAVEN CAPITAL FUND LP LG ASIAN PLUS LIMITED GUEPARDO MASTER FUND LLC HENDERSON LUTRA FUND-A$ HALCYON OFFSHORE FUND LTD TSAI CAPITAL FUND LLC WESTERN INV TOT RET PART LP GRANITE BAY LONG/SHORT CRED AURUM AGGRESSIVE EURO FUND FIRST EAGLE PACIFIC FD LTD-A JP SPC 1-CAP FX G10 EUR SP ARBIC RUSSIA FUND-B WHITE INDIAN TR-SCS TRAD PRO PABRAI INVESTMENT FUND 4 LP HARMONY FEEDER FUND BAS GAIN DVSFY II 300% S T- HUNTRISE GLOBAL PARTNERS LTD THE BLACKHORSE ENH VIETNAM ADAPA NEW ASIA FUND LP DAVIS STRATEGIC FUND LP KONDOR-FALKON EQ SEG PORT AMIDA PRTNRS SPCL OPP FUND STRIKER ASIA OPPORTUNITIES WORLDWIDE SPECIAL NV HAVENS INTL ENHANCED LTD-A PARALLAX OFFSHORE INVESTOR-A ARKA EMERGING MARKETS-ACEEE BARKER ASIA TOTAL RETURN FD MAINSTREAM-GLOBAL ACTIVE VAL CAMBRIDGE-ASIAN MKTS ALPHA 8a+ MATTERHORN TERA HIGH INCOME FUND LYXOR CREDIT STRAT TRACK-USD WARREN DIVERSIFIED 2 THE GOODWOOD CAPITAL FUND ARX BRAZIL FUND - LONG SHORT ARCHBRIDGE CAPITAL AG-ABC MTG CHINA ARBITRAGE SP SYMPHONIA EQUITY LONG/SHORT DUET MENA OPPORTUNITIES-USD IP ALL SEASONS BOND FD-A ACE STOCK INEX PREM COL PR-R ZADIG FUND-A MPT EUROS SEGREGATED PORT-A HCP BLACK HONG KONG PARTNERS LP GAM CURRENCY HEDGE-DIS SP-$ JOHIM GLOBAL INVEST FUND-A$ GAME CREEK FUND LP

TotRet1Y
9.83 9.79 9.77 9.76 9.74 9.73 9.72 9.69 9.68 9.68 9.68 9.66 9.66 9.65 9.65 9.62 9.6 9.59 9.57 9.57 9.57 9.56 9.56 9.53 9.53 9.53 9.52 9.51 9.51 9.49 9.49 9.49 9.47 9.47 9.46 9.45 9.45 9.43 9.43 9.42 9.42 9.39 9.38 9.37 9.37 9.36 9.37 9.35 9.33 9.32 9.32 9.31 9.29 9.29 9.29 9.28 9.27 9.26 9.26 9.25 9.25 9.21 9.21

ManagementStyle
Long/Short Equity CTA/Managed Futures Capital Structure/Credit Arbitrage Equity Fundamental Market Neutral Macro Macro Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Multi-Style Long Biased Equity Long/Short Equity Long/Short Equity Long/Short Equity Macro Emerging Market Equity (Alternative funds) Equity Fundamental Market Neutral Multi-Style Long/Short Equity Multi-Style Fixed Income Multi-Style Long/Short Equity CTA/Managed Futures Emerging Market Equity (Alternative funds) CTA/Managed Futures Equity Fundamental Market Neutral Equity Fundamental Market Neutral Multi-Style Equity Statistical Arbitrage Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Convertible Arbitrage Long/Short Equity Long/Short Equity Merger Arbitrage Equity Statistical Arbitrage Long/Short Equity Multi-Style Long Biased Equity CTA/Managed Futures Long/Short Equity Multi-Style Fixed Income Arbitrage Multi-Style Long/Short Equity Long/Short Equity Macro Equity Statistical Arbitrage Equity Fundamental Market Neutral Long/Short Fixed Income CTA/Managed Futures Equity Fundamental Market Neutral Macro Multi-Style Long/Short Equity CTA/Managed Futures Long Biased Equity Long/Short Equity

ManagementCompany

TotAsset(M) FundType
97.18 186 149.44 194 356.7 70.9 Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
N.A. CLEMENT TUNG CLIFFORD VINER GIANMARCO MONDANI DAVID COOMBS RICK PEARSON BRIAN M ALGER CHOI NGA CHUNG JACKY MICHAEL CASTOR ERNESTO FRAGOMENI RYAN MELKONIAN FRANK BROCHIN TROND HERMANSEN PETTER J FJELLSTAD GREGORY L KENAUSIS ROBERT LLOYD GEORGE OCTAVIO FERREIRA DE MAGALHAES DAVID ELMS KEVAH KONNER CHRISTOPHER TSAI ARTHUR D LIPSON ART MARK KIYOSHI OKADA N.A. LAURENCE IOFFREDO N.A. SERGEY CHERNYSHOV ROB ROSS MOHNISH PABRAI ZHENG LIXIN N.A. LARRY S EIBEN JOHN ENGLE WARREN YEH ERIC DAVIS MARCELO FARIA DAVID RICH N.A. MAURITS E EDERSHEIM NANCY ELIZABETH HAVENS-HASTY DANIEL HUTCHISON N.A. MARK ONG BILL JENKINS RUSSELL THOMPSON N.A. HOWARD G SUTTON LIONEL ERDELY OYVIND TVILDE PETER H PUCCETTI BRUNO GARCIA HAKAN H KOCAYUSUFPASAOGLU N.A. ANDREA DOLSA HEDI BEN MLOUKA EMIL NGUY YU-DEE CHANG LAURENT SAGLIO DIEGO STELLA TOMMI KEMPPAINEN BROOK MCCONNELL N.A. CHARLES HEMPHILL N.A.

Farema Capital LLP N.A. STI Wealth Management III Associates/USA GAM Investment Management Lugano SA Rathbone Investment Management Internatio N.A. Signina Capital AG Wedbush Equity Management LLC N.A. Zeal Capital Ltd Sio Capital Management LLC Marshall Wace LLP N.A. Melkonian Capital Management LLC N.A. StoneWater Capital Asia Advisors LLC Sector Asset Management ASA N.A. Grand Haven Capital AG Grand Haven Capital AG Lloyd George Investment Management Ltd/Be Guepardo Investimentos Ltda Henderson Global Investors Ltd Halcyon Offshore Asset Management LLC Tsai Capital Corp Western Investment LLC Highland Capital Management LP Aurum Fund Management Ltd First Eagle Investment Management LLC Capricorn Currency Management Cayman Ltd ARBIC Management Ltd N.A. White Indian Trading Co Ltd Dalal Street LLC N.A. DM Fund Management Ltd N.A. GAM Structured Investments Ltd TFS Capital LLC Blackhorse Asset Management Pte Ltd Adapa Capital Management LLC Davis Capital Management LLC N.A. Kondor Advisory Ltd/British Virgin Islands Amida Capital Management II LLC Guardian Capital Management Ltd N.A. Citigroup Global Markets Inc Havens Advisors LLC Parallax Volatility Advisors LLC BZ WBK AIB Asset Management SA N.A. Barker Investment Management/Singapore Mainstream Investment Advisers LLC Cambridge Strategy Asset Management Ltd/T 8a+ Investimenti SGR SpA/Italy Tera Capital Corp SG Hambros Fund Managers Jersey Ltd Warren Capital AS N.A. Goodwood Inc/Canada BNY Mellon ARX Investimentos Ltda Archbridge Capital AG N.A. MTG Capital Management BIM Alternative Investments SGR SpA/Italy Duet MENA Ltd N.A. Income Partners Asset Management Ltd/Hon N.A. ACE Investment Strategists LLC Zadig Gestion Luxembourg SA MPT Asset Management Corp Helsinki Capital Partners Rahastoyhtio Oy/FinN.A. South Ocean Management Ltd GAM Fund Management/United Kingdom J O Hambro Investment Management Ltd/Uni Game Creek Capital LP

20.1 12 3 3.96 18.15 89.52 48 25.73 21.5 23.88 0.47 131 2.58 0.22

222.96 56.58 5.59 40.57 132 146 38.02 21 498 18.99 27 122 13.45 2.8 0 36.74 67.08 5.26 10.32

6.8 360 127.5 10.39 6.55 104.04 51

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945

Ticker
RAMCONP US IBISGMF KY GENAFIA VI MANAPSA BH GRASCOA KY FABRAEM KY REBSLLC US ERBSYEX AV AREUIA1 SM LCJFXFD KY G4PORTF KY GENAFIB US BTGPARE KY DELFORM US CHCGAAU LX YOTAVAL KY ORSMAE3 ID ASLNDMK KY ADHARON US INDSMLI MP UBWAVEF FH FRFRLTD KY STGLINU GU SRSCOMD VI CONSMET US SECTORB VI SWMEURA KY DREQTYE SP CRMWINL BH DRAGALT KY FLATMNLP CN NAVABRT KY SPINGEM VI USUARSP KY BDLALEU FP YIESTR2 US LIONEYE US ARMONKC US RCKCPLP US SIMPLOS KY RLSPLTD KY MAN320D CU FINEQT1 IM ALGEOLP US EXCALIB SS TIGRARS KY EQCGOPP BH BHCU LN WEDQUII US METGLMA MV JFFEASI KY RRCRELP US FOWORLD AU EMEMKEA ID CHLFVOW AU GROAKSP SJ EVENSTR KY ZULAUFI KY GEMABTU KY CIRRCAP US SPHERAN VI HFRMADT BH WBCOMFD VI

Name
RAM CONSERVATIVE PROGRAM IBIS GLOBAL MEDIA FUND-USD GENESIS ALLOC FX INC LTD-A MAN AP STRATUM SERIES 2-TR A GRAND SLAM CAPITAL OFFSHOR-A FAMA BRAZIL-STR EQ M/N HED-$ REBUS FUND LLC ESPA BOND SYSTEM-EXTRA ARCANO EUROPEAN INCOME-A1 LCJ FX FUND-A CLARITAS G4 - BRAZIL MACRO GENESIS ALLOC FIXED INC US-B BTG PACTUAL INTL PORTFOLIO-E DELTEC FORUM FUND LP CHINAAMC CHINA GROWTH FD-$A YOTTA VALUE FUND ORSAY MERGER ARBITRAGE-EUR 3 ASIA LANDMARK FUND LTD-A ADHIA ARBITRAGE ONSHORE LP INDIA CAPITAL FUND LTD-A2 UBWAVE NON-UCITS FUND FRONTFOUR CAPITAL PRTNS LTD STRATEGIC GLO INNOVATION-USD SAGACITY-SIRIUS COMMODITIES CONSUMER METRICS LP SECTOR FUND LTD-B-OIL & GAS SW MITCHELL EUROPEAN LTD-A DRIVER EQUITY FUND-EUR CRM WINDRIDGE FUND LTD-INV DRAGON ALTERNATIVE INVEST FD FLATIRON MARKET NEUTRAL LP-A NAVIGATOR ABSOLUTE RETURN-A SPINNAKER GLOBAL EMMKT FND-A UNIVERSAL-ABSOLUTE RETURN SP BDL REMPART EUROPE YIELD STRATEGIES FUND II LP LIONEYE FUND LP ARMONK CAPITAL PARTNERS-A ROCKET CAPITAL PARTNERS LP SIMPLON INTERNATIONAL LTD RAIL-SPLITTER FUND LTD MAN OM-IP 320 DIVERSIFIED FININT EQUITY - I THE ALGEO FUND LP EXCALIBUR TITAN GLOBAL RETURN-AR-AB RE EQC GLOBAL OPPORTUNITIES LTD BH CREDIT CATALYSTS LTD-USD WEDBUSH QUANT STRATEGIES II METATRON GLOBAL MACRO FUND JF ASIA ABSOLUTE RETURN-A RAVEN ROCK CREDIT FUND LP FIVE OCEANS WORLD FUND ASHMOREEMM MIDDLE EAST FD-A FIVE OCEANS WHOLESALE WORLD PEREGRINE GRP GREEN OAK SPEC EVENSTAR FUNDS SPC I Z EUROPE FUND EURO LTD-Z GEMS PRO II ALPHABETA TECH-$ CIRRUS CAPITAL PARTNERS LP SPHERA FUND NIS LP-A HFR-DISCRETIONARY THMTC TRKR WHITEBOX-MULTI-STRATEGY

TotRet1Y
9.21 9.2 9.17 9.17 9.15 9.13 9.13 9.12 9.12 9.1 9.1 9.09 9.08 9.05 9.05 9.06 9.02 9.02 9.01 8.98 8.98 8.95 8.96 8.96 8.94 8.92 8.89 8.87 8.85 8.85 8.83 8.82 8.81 8.79 8.78 8.78 8.76 8.76 8.75 8.73 8.71 8.71 8.68 8.68 8.67 8.67 8.66 8.66 8.64 8.63 8.6 8.58 8.56 8.55 8.55 8.55 8.54 8.54 8.54 8.53 8.52 8.52 8.51

ManagementStyle
CTA/Managed Futures Long/Short Equity Fixed Income Multi-Style Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Fixed Income Multi-Style CTA/Managed Futures Macro Fixed Income Macro Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Merger Arbitrage Equity Fundamental Market Neutral Fixed Income Arbitrage Long Biased Equity Multi-Style Long Biased Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Convertible Arbitrage Fixed Income Emerging Market Debt Multi-Style Long/Short Equity Convertible Arbitrage Multi-Style Long/Short Equity Long Biased Equity Distressed Securities Long/Short Equity Macro Long/Short Equity CTA/Managed Futures Fixed Income Macro Macro Fixed Income Arbitrage Equity Statistical Arbitrage Macro Macro Capital Structure/Credit Arbitrage Equity Fundamental Market Neutral Emerging Market Equity (Alternative funds) Long/Short Equity Fixed Income Merger Arbitrage Long/Short Equity Multi-Style Multi-Style Long Biased Equity Macro Multi-Style

ManagementCompany

TotAsset(M) FundType

Manager

RAM Management Group Ltd 37.33 Hedge Fund ROBERT A MOSS IBIS Capital Partners LLP 34 Hedge Fund DAVID FORSTER Genesis Fund Management LLC 70.21 Hedge Fund ANDRES SINCLAIR Man Investments Ltd 31.65 Hedge Fund N.A. Grand Slam Asset Management LLC 21.85 Hedge Fund MITCHELL SACKS Fama Investments Overseas Ltd/Cayman Isla 5.9 Hedge Fund MAURICIO LEVI Royce & Associates LLC 1.08 Hedge Fund CHARLES M ROYCE Erste-Sparinvest Kapitalanlage GmbH 100.6 Hedge Fund PHILIPP SCHUBERT UBS Gestion SGIIC SA 3.47 Hedge Fund N.A. LCJ Investments SA 155 Hedge Fund CONOR MACMANUS Claritas Administracao de Recursos Ltda 0.25 Hedge Fund HELDER SOARES Genesis Fund Management LLC Hedge Fund ANDRES SINCLAIR N.A. BTG Pactual Asset Management SA DTVM/B 135.83 Hedge Fund N.A. Deltec Asset Management LLC 46.33 Hedge Fund JOHN R GORDON RBS Luxembourg SA 9.1 Hedge Fund GAN TIAN AL Wealth Partners Pte Ltd Hedge Fund LEONARDO DRAGO N.A. Oddo Asset Management SA 107.83 Hedge Fund CHRISTIAN FLEURY New Silk Road Investment Pte Ltd Hedge Fund RAYMOND GOH N.A. Adhia Investment Advisors Inc 11.28 Hedge Fund ANIL K AMLANI India Capital Management Ltd/Mauritius 335 Hedge Fund JON THORN UB Fund Management Co Ltd/Finland 36.85 Hedge Fund MIKA LAINE FrontFour Capital Group LLC/USA 70 Hedge Fund DAVID A LORBER EI Sturdza Strategic Management Ltd 45.39 Hedge Fund PANAYOTIS SPARAGGIS TAKIS Starmark Trading Ltd/United Kingdom Hedge Fund MATTHEW HAYNES N.A. C&S Advisors Inc 9.84 Hedge Fund RODGER S SMITH Pictet Bank & Trust Ltd 32.58 Hedge Fund THIERRY DEFFOREY SW Mitchell Capital LLP 86 Hedge Fund STUART MITCHELL Wedge Associates SA Hedge Fund N.A. N.A. Cramer Rosenthal McGlynn LLC 3 Hedge Fund JAMIE HANDWERKER Pegasus Fund Managers Ltd Hedge Fund PONG PO LAM PAUL N.A. Flatiron Fund Management Ltd 169.18 Hedge Fund N.A. BAF Capital Ltd Hedge Fund N.A. 132.22 Spinnaker Capital Ltda 1,413.93 Hedge Fund BRADLEY WICKENS Universal Asset Management AG 134.67 Hedge Fund STOIAN KUCHOUKOV BDL Capital Management/France 150.54 Hedge Fund HUGHES BEUZELIN Camden Asset Management LP 27.5 Hedge Fund JOHN B WAGNER LionEye Capital Management LLC 122 Hedge Fund STEPHEN RANERI Armonk Advisors LLC Hedge Fund JEFF GREENFIELD N.A. Rocket Capital Management LLC 2.38 Hedge Fund J D HURD TA McKay & Co Inc 150.1 Hedge Fund THOMAS A MCKAY Rail-Splitter Capital Management LLC 20.34 Hedge Fund RICHARD FRADIN Man Investments Ltd 18.73 Hedge Fund N.A. Finanziaria Internazionale Alternative Investim 14.03 Hedge Fund N.A. Algeo Group LLC/The 5.2 Hedge Fund ROBERT W ALGEO Excalibur VP AB 4,549.00 Hedge Fund THOMAS POHJANEN Titan Capital Group III LP 110 Hedge Fund RUSSELL H ABRAMS Equilibria Capital Management Ltd 50.6 Hedge Fund DANIEL TAFUR Brevan Howard Capital Management LP Hedge Fund N.A. N.A. Wedbush Equity Management LLC Hedge Fund VICTOR F LEONG N.A. Metatron Capital SICAV plc 32.19 Hedge Fund N.A. JF Asset Management Ltd 88.14 Hedge Fund VICTOR LEE Raven Rock Capital Management LLC 114.14 Hedge Fund BOBBY RICHARDSON Five Oceans Asset Management Pty Ltd/Aust 255.73 Hedge Fund N.A. Ashmore EMM LLC 356.02 Hedge Fund N.A. Fidante Partners Ltd 255.73 Hedge Fund N.A. Green Oak Capital Management 189.9 Hedge Fund REAN SMIT Evenstar Capital Management Ltd/Hong Kong 128.37 Hedge Fund N.A. Zug Finance AG 21.8 Hedge Fund DANIEL KOEPPEL Gems Management Ltd 10.96 Hedge Fund N.A. Cirrus Capital Management LLC 6 Hedge Fund N.A. Sphera Funds Management Ltd/Israel 263.62 Hedge Fund RON SENATOR HFR Asset Management LLC Hedge Fund N.A. N.A. Whitebox Advisors LLC 412.88 Hedge Fund ANDREW REDLEAF

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008

Ticker
SEQDIVA VI SWMSCEA KY AMPSIAU KY OCTAPAF KY AAAWRNO ID PACROCK US CAMASIA VI GBMGLOBA CN ALSEQIE LX ALPHASP KY DROMGLU KY LVILIAU ID ENNSMCI ID WAMFXIB KY WYPSCVA US EDDYSTO US 1837PAR US ESPLCAP US L2OPPOA US VITCHBA KY JBCHYFU KY SECURIF KY HAVENLP US ENTRCPA US INFCOPP KY NEXSPEC IM ENCPIIA US CWPAGLS AU RIMCDUS JY GAMARBU US CFWAGLS AU DIVFXSP KY GARDNLT KY STIRTAE LX FRNTERA US WINDMIL US ZULAUUI KY HTASCAT KY NORIRSP CN SWCPPRO ID CAMBDPS US FTMLTDA BH UFGCROP KY ARCZNAY KY SPHRILS VI TELLGNT KY ACTGVSH GR GOARLBF US HARUSFD KY SIMPLLP US MS2PNZD CU ORIELAA KY SNOWCAP US GMMALFA SS MARSEMO JY CFAWGLS AU CLOALLE JY QUAMIDE KY LOOKABS KY INEQGRL MP MANAPSD BH HADHTEC KY EDDYSOF KY

Name
SEQUOIA DIVERSIFIED GROWTH-A SW MITCHELL SMALL CAP EURO-A AMPLITUDE SINFONIE-A USD OCTAGON PAN ASIA FUND AAA ALPHA WHITE RHINO FUND PACIFIC ROCK PARTNERS LP CAMBRIAN JAPAN FUND LTD-YEN GBM GLOBAL LP-B ALESSIA-LONG/SHORT EQ-I EUR ALPHAMAX GLOBAL STRATEGIES-A DROMEUS GLOBAL OPPORTUN-A$ LEADENHALL VAL INS LNK-A USD ENNISMORE EUROPEAN SML CO- WAM FIXED INCOME TOT RET-B WYNNEFIELD PRT SML CAP VAL THE EDDYSTONE FUND LP 1837 PARTNERS LP ESPLANADE CAPITAL PARTNERS I L2 OPPORTUNITY FUND LP-A VITALIS GLOBAL L/S FUND-A GAM CONVERT BOND HEDGE-USD 1 SECURIS I FUND-A$ HAVENS PARTNERS ENHANCED LP ENTRUST CAPITAL PARTNER LP-A INFINITI CHINA OPPORTUNITIES NEXTAM PART HDG FONDO SPECUL ENTRUST CAPITAL PART II LP-A CFST FCWP-ACADIAN GL EQ L/S RIMIS CONSERVATIVE TTL RTN $ GAM ABS RET BOND FUND US CFST FCWI-ACADAIN GL LONG SH CCIB SPC-DIVERSI FX TRADING DEFINITIVE GUARDIAN FUND LTD SC-STIRT-A EUR FRONTERA GLOBAL OPP LP WINDMILL PARTNERS LP Z EUROPE FUND USD LTD-Z HT ASIAN CATALYST FUND NORTHERN RIVERS INNOV RSP FD SWISS CAP PRO LOAN II-A4$ CAMDEN BONDS PLUS FUND LLC FTM LIMITED-A UFG CREDIT OPPORTUNITIE-PNVA ARCUS ZENSEN FUND-A SPHERA FUND LP TELLIGENT GREATER CHINA LTD ACCLIVIS TGV SHAMPION GOLDEN ARCHER LP HARMONY US FEEDER FUND SIMPLON PARTNERS LP MAN SERIES 2 OM-IP 150+ NZD ORIEL ABSOLUTE RETURN FD-A SNOW CAPITAL INVESTMENT PRTN GMM ALFA MARS EM MKTS OPPS FUND IC-B CFST FCWS-ACADIAN GLB EQ L/S KLEINWORT BENSON-ALL WEA EUR QUAM MIDDLE EAST SP LOOKS ABSOLUTE RETURN INDIA EQUITY GROWTH-LNG TERM MAN AP SPECTRUM USD FUND-A HADOH HIGH TECH FUND LTD EDDYSTONE OFFSHORE FUND LTD

TotRet1Y
8.5 8.49 8.47 8.46 8.45 8.44 8.41 8.41 8.4 8.39 8.38 8.37 8.37 8.36 8.35 8.35 8.33 8.32 8.28 8.28 8.27 8.26 8.26 8.24 8.23 8.21 8.2 8.19 8.18 8.16 8.16 8.14 8.13 8.12 8.12 8.11 8.1 8.09 8.09 8.06 8.04 8.04 8.03 8.02 8.02 8.01 8.01 8.01 8.01 8 8 8 7.99 7.98 7.97 7.93 7.91 7.9 7.89 7.88 7.87 7.85 7.83

ManagementStyle
Multi-Style Long/Short Equity CTA/Managed Futures Long/Short Equity Multi-Style Long/Short Equity Long Biased Equity Multi-Style Long/Short Equity Multi-Style Emerging Market Debt Multi-Style Long/Short Equity Fixed Income Long Biased Equity Long Biased Equity Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Convertible Arbitrage Multi-Style Merger Arbitrage Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Macro Equity Statistical Arbitrage Long/Short Equity CTA/Managed Futures Fixed Income Fixed Income Arbitrage Macro Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Fixed Income Convertible Arbitrage Capital Structure/Credit Arbitrage Fixed Income Long/Short Equity Long/Short Equity Long/Short Equity Multi-Style Long Biased Equity Equity Fundamental Market Neutral Distressed Securities Macro Long/Short Equity Long/Short Equity Macro Emerging Market Debt Long/Short Equity Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Multi-Style Long/Short Equity Long/Short Equity

ManagementCompany

TotAsset(M) FundType

Manager

Nemo Asset Management Ltd 22.78 Hedge Fund N.A. SW Mitchell Capital LLP 137.02 Hedge Fund JAMIE CARTER Amplitude Capital AG 5.9 Hedge Fund KARSTEN SCHROEDER Octagon Capital Management Pte Ltd 269.32 Hedge Fund NELSON CHIA Albemarle Asset Management Ltd Hedge Fund N.A. N.A. Pacific Rock Capital LLC Hedge Fund CHRISTOPHER DONNELLY N.A. Atlantic Investment Management Inc 7,999.00 Hedge Fund ALEXANDER J ROEPERS GBM Grupo Bursatil Mexicano SAB de CV Ca 189.94 Hedge Fund PEDRO DE GARAY Alessia Capital Management Hedge Fund FILIPPO GARBARINO N.A. Hedge Fund N.A. AlphaMax Investment Management Ltd/CaymN.A. Hedge Fund ACHILLES RISVAS Dromeus Capital Management Ltd/Cayman IsN.A. Leadenhall Capital Partners LLP 235.44 Hedge Fund LUCA ALBERTINI Ennismore Fund Management Ltd 99.48 Hedge Fund GEOFF OLDFIELD Wimbledon Asset Management Ltd 7.56 Hedge Fund TAYSEER SAFA Wynnefield Capital Management LLC 79.4 Hedge Fund NELSON OBUS Eddystone Capital 9.5 Hedge Fund FRANCIS J LEDWIDGE 1837 RMB Managers LLC 157.7 Hedge Fund FRANCES TUITE Esplanade Capital LLC 34.3 Hedge Fund SHAWN KRAVETZ Skiritai Capital LLC 17.2 Hedge Fund RUSS SILVESTRI Vitalis Asset Management Pte Ltd Hedge Fund N.A. N.A. GAM Fund Management/United Kingdom 88.14 Hedge Fund ALEX MCKNIGHT Securis Investment Partners LLP 935.39 Hedge Fund ROBERT PROCTER Havens Partners LP 34 Hedge Fund NANCY ELIZABETH HAVENS-HASTY EnTrust Management LLC/USA 60.58 Hedge Fund MARK S FIFE Infiniti Investment Management International L 35.5 Hedge Fund PETER CHAU Nextam Partners SGR SpA 11.09 Hedge Fund N.A. EnTrust Management LLC/USA 18.17 Hedge Fund MICHAEL E HOROWITZ First State Investments 6.81 Hedge Fund GARY L BERGSTROM Rathbone Investment Management Internatio N.A. Hedge Fund DAVID COOMBS GAM UK Ltd 23 Hedge Fund TIM HAYWOOD First State Investments 18.33 Hedge Fund N.A. STI Wealth Management Hedge Fund CLEMENT TUNG N.A. Definitive Capital Management LP 511.03 Hedge Fund ANDREW LUTZ Signina Capital AG 194 Hedge Fund RICK PEARSON Frontera Management LLC 12.79 Hedge Fund JOHN ZHANG Windmill Capital LLC 17.7 Hedge Fund ROBERT Z BLISS Zug Finance AG 3.2 Hedge Fund DANIEL KOEPPEL HT Capital Management Ltd/Hong Kong 243.61 Hedge Fund KARL HURST Northern Rivers Capital Management Inc 5.69 Hedge Fund HUGH CLELAND Swiss Capital Alternative Investments AG Hedge Fund N.A. N.A. Camden Asset Management LP 45.8 Hedge Fund JOHN B WAGNER Alternative Investment Specialists Ltd/Vanuat 3.13 Hedge Fund ENDRE DOBOZY UFG Asset Management 127.5 Hedge Fund MAXIM TISHIN Arcus Investment Ltd 7,304.71 Hedge Fund ROBERT MACRAE Sphera Funds Management Ltd/Israel 114.24 Hedge Fund RON SENATOR Telligent Investment Management LLC 225 Hedge Fund LIN CHING-SHAN Internationale KAGmbH/Germany 169.35 Hedge Fund N.A. Golden Archer Investments LLC 1 Hedge Fund DAVID N RUCKERT DM Fund Management Ltd Hedge Fund ZHENG LIXIN N.A. TA McKay & Co Inc 69.48 Hedge Fund THOMAS A MCKAY Man Investments Ltd 10.2 Hedge Fund N.A. Oriel Asset Management LLP Hedge Fund DAVID URCH N.A. Snow Capital Management LP 84.73 Hedge Fund RICHARD A SNOW GMM Global Asset Management AB 240 Hedge Fund JAN-OLOF MODIG MARS Capital SA 21.07 Hedge Fund HICHAM HAMMOUD First State Investments 3.36 Hedge Fund RONALD D FRASHURE Kleinwort Benson Asset Managers/Jersey 18.55 Hedge Fund JOHN MARSHALL Quam Asset Management Ltd 9.86 Hedge Fund CHRISTOPHE DURAND Looks Capital Ltd 32.52 Hedge Fund ANDREW LOOK India Equity Growth Fund Ltd 73.47 Hedge Fund N.A. Man Investments Ltd 12.7 Hedge Fund N.A. N.I.S. New Investment Solutions AG 1,984.31 Hedge Fund N.A. Eddystone Capital LLC 8.5 Hedge Fund FRANCIS J LEDWIDGE

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071

Ticker
BASGUNL KY STAVOLP US TULITRD KY HA4EAG1 US ATCAGLO US COIMADI KY MEROBLA LX PEGASFD KY SILVCAP US ALLAMUS US IBSTURN US TECHYLD US LYCRSIU LX KWKPART US CELPENS FH ENTRCWA KY RUFEDFM BH LUVSGCA LX VAPAHED KY ODYSSEU US PILSTGR ID GLGTECD KY SOMERCP US SOMERCA KY YLDSTII KY NEXEMKA VI BLEMGRO US GAMCARG VI LEVPART US CCMTAGG US EJFINCO US LLSEBIU LX KESCARA KY PHALJAM US GLGFIND KY VICTBRZ KY INNOVIA BM CFPAGLS AU CFIAGLS AU PELJAPA NA PELLSFA US MKCGLOB US INLTEQD US BRUMNEK SS FQGRBAS ID HDGERSL IM ROCIMAS KY VICTLAT KY AAS2AAF MV GRTDEEP US ALBAEMA VI CFSAGLS AU BELCORE US PMGLLSHO CN OWDRDYN PP UFGRUAL KY ALKCAPC IM PAWLTPA US CRSTFND US CBHEEUR LX IPMGLTB KY TOPWOYS KY GLGVARA KY

Name
BAS GAIN-GAM II JPY UNLEV STARBOARD VALUE & OPP FUND TULIP TREND FUND LTD-A EUR HANGAR 4 EAGLE 1 LP ATYANT CAPITAL GLOBAL OPPORT MADISON STREET PORT-D MERCURY FUND-OBLIGATIONS-A PEGASUS FUND LTD-A SILVER CAPITAL FUND LLC ALSIS LATIN AMERICA FD US THE IBS TURNAROUND FUND FALCON POINT HIGH YIELD FUND LYXOR CREDIT STRAT IND-I USD KWK PARTNERS LP UB PENSION FUND-ACC ENTRUST CAPITAL WATERS FND-A RUSSIAN FEDERATION FIRS ME-A LUMA SIF SG CEDAR FUND - A VALUE PARTNERS HEDGE FND LTD ODYSSEUS FUND LP PIL STABLE GROWTH FUND-B GBP GLG TECHNOLOGY FUND-D-R SOMERSET CAPITAL PARTNERS LP SOMERSET CAPITAL OFFSHORE-A YIELD STRATEGIES FUND II LTD NEXT 11 EMERGING MARKET-A$ BENNETT LAWRENCE EMER GROWTH GAM COMP ABS RET GBP-SP NV LEVITICUS PARTNERS LP CCMT-AGGRESSIVE PROGRAM EJF INCOME FUND LP LYXOR L/S EQ LNG BIAS IND-I$ KESSLER CORNERSTONE ABS RT-A PHALANX JAPAN AUSTRALASIA-US GLG FINANCIALS FUND-D-R VICTOIRE BRAZIL SMALL CAP INNOVATIS INVESTMENTS LTD-A CFST FCP-ACADIA GL EQ L/S CFST FCI-ACADIA GL EQ L/S PELARGOS JAPAN ALPHA FUND-A PELHAM LONG/SHORT FUND LP-A MKC GLOBAL FUND LP INDIA L/T EQTY FND DELAWARE BRUMMER & PARTNERS NEKTAR FD FIRST QUADRANT GB RISK BA-A HEDGERSEL ROCIM ASIA OPPORTUNITY FUND VICTOIRE LATIN AMERICAN L/S J&T ADVANCED EQUITY FUND-A GRT DEEP WOODS PARTNERS LP ALBATROS GLOBAL LONG SHORT-A CFST FCPS-ACADIAN G EQ LG SH BELVEDERE CORE PICTON MAHONEY GL L/S EQTY-A OW DRAGOON DYNAMIC FUND INC UFG RUSSIA ALTERNATIVE LTD-A ALKIMIS CAPITAL-C PAW LONG TERM PARTNERS LP CEDAR RIDGE SHORT-TERM FUND CB HEDGE-CB HEDGE EUROPE-RC IPM GLOBAL TAA FUND-B TOP WORLD FUNDS - YIELD SELE ATLAS INVESTMENT FUND-A

TotRet1Y
7.82 7.82 7.81 7.81 7.8 7.79 7.79 7.79 7.77 7.76 7.75 7.72 7.73 7.72 7.72 7.72 7.71 7.7 7.69 7.69 7.68 7.66 7.66 7.66 7.64 7.63 7.62 7.6 7.59 7.59 7.58 7.58 7.55 7.54 7.54 7.53 7.52 7.52 7.51 7.5 7.47 7.47 7.46 7.4 7.4 7.38 7.39 7.35 7.34 7.34 7.33 7.32 7.32 7.31 7.3 7.27 7.27 7.27 7.27 7.27 7.27 7.26 7.26

ManagementStyle
Multi-Style Long Biased Equity CTA/Managed Futures Long/Short Equity Equity Statistical Arbitrage Long/Short Equity Fixed Income Long Biased Equity Long/Short Equity Fixed Income Distressed Securities Convertible Arbitrage Fixed Income Mortgage-Backed Arbitrage Multi-Style Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Long/Short Equity Macro Long/Short Equity Long/Short Equity Long/Short Equity Convertible Arbitrage Emerging Market Equity (Alternative funds) Long/Short Equity Multi-Style Long Biased Equity CTA/Managed Futures Asset-Backed Securities Long Biased Equity CTA/Managed Futures Multi-Style Equity Fundamental Market Neutral Long Biased Equity Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Equity Statistical Arbitrage Multi-Style Multi-Style Long/Short Equity Long/Short Equity Long Biased Equity Long/Short Equity Long/Short Equity Long/Short Equity Long Biased Equity Long/Short Equity Macro Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Fixed Income Equity Fundamental Market Neutral Macro Fixed Income Multi-Style

ManagementCompany

TotAsset(M) FundType
Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
N.A. JEFFREY C SMITH JEFF N.A. MICHAEL P DE SANTIS RAHUL SARAOGI STEVEN C OWSLEY JEROME PIEYRE N.A. BRUCE SILVER ALFONSO E MONTIEL DAVID TAFT MICHAEL THOMAS BRUNO CADE DOUGLAS J BROWN AKI KOSTIANDER MARK S FIFE YURY LOPATINSKY N.A. CHOW YIK-CHEUNG ERIC BOB MITCHELL N.A. PHIL PEARSON ROSS TAYLOR ROSS TAYLOR JOHN B WAGNER ANGUS MURRAY SUYDAM VAN ZANDT SCHREIBER GRAHAM WAINER ADAM M HUTT BRINCE WILFORD EMANUEL J FRIEDMAN N.A. ROBERT KESSLER CHRISTOPHER MCGUIRE DAVID SANDERS WERNER ROGER N.A. N.A. N.A. RICHARD DINGEMANS ROSS TURNER ANDREW M MCCORMICK N.A. KERIM KASKAL N.A. GIORGIO NICOLA WALTER CHANG MOUHAMED MOURABET MAREK JANECKA TODD ROSNER N.A. GARY L BERGSTROM PATRICK BEAUDAN DAVID PICTON MARTIN DEL FRESNO FLORIAN FENNER N.A. PETER A WRIGHT ALAN E HART CARL BERNADOTTE BJORN OSTERBERG ALEXANDRE CIOCCA N.A.

GAM Sterling Management Ltd/United Kingdo 225.32 Starboard Value LP/USA 59 Progressive Capital Partners Ltd 626 Hangar 4 Partners LLC 18.5 Atyant Capital Partners LLC N.A. Cogent Asset Management LLC 188.11 Segetia Wealth Management SA 14.21 Momentum Alternative Investments SA N.A. Silver Capital Management LLC 29 Alsis Funds LLC 23.16 IBS Capital Corp/USA 65 Falcon Point Capital LLC 17.81 Lyxor Asset Management Luxembourg SA 12.21 KWK Management LLC 155.4 UB Fund Management Co Ltd/Finland 6.2 EnTrust Capital Inc 3.8 FMG Fund Managers Ltd/Bermuda 53.01 RBS Luxembourg SA N.A. Value Partners Ltd/Hong Kong 155.26 Portal Capital LLC 6.9 PSigma Investments Ltd 819.06 GLG Partners Cayman Ltd 73.27 Somerset Capital Advisers LLC/USA 55 Somerset Capital Advisers LLC/USA 7 Camden Asset Management LP 53.6 Castlestone Management Inc N.A. Bennett Lawrence Management LLC/USA 46.1 GAM International Management Ltd 1,570.17 AMH Equity LLC 64.3 Covenant Capital Management LLC 104 EJF Capital LLC 20.4 Lyxor Asset Management Luxembourg SA 5.95 Kessler Investment Advisors Inc/USA N.A. Phalanx Capital Management LLC 44 GLG Partners Cayman Ltd N.A. Victoire Brasil Investimentos Administracao d N.A. Innovatis Asset Management SA/Panama 16.53 First State Investments 1.19 First State Investments 0.88 Pelargos Capital BV 94.95 Pelham Capital Management LLP 488.79 MKC Global Investments LLC 0.84 India Equity Growth Fund Ltd 5.14 Nektar Asset Management AB 25,774.00 First Quadrant LP/USA 31.56 Ersel Asset Management SGR SpA/Italy 130.36 ROCIM Cayman Ltd 22.4 Victoire Brasil Investimentos Administracao d N.A. J&T Investicni Spolecnost AS 48.07 GRT Capital Partners LLC 33 Proxima Investment Management Ltd 12.15 First State Investments 2.52 Belvedere Advisors LLC N.A. Picton Mahoney Asset Management 4.78 OpenWorld Investments Ltd N.A. UFG Advisors Ltd 88.3 Alkimis SGR 78.5 PAW Capital Partners LP 74 Cedar Ridge Partners LLC 24.31 SEB Fund Services SA 21.73 IPM Informed Portfolio Management AB/SwedN.A. Studio A Ciocca SA 19.13 Atlas Global Investment Advisor LLP N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134

Ticker
CIVCAPI US IIGTROU NT NORDICF ID LCCAPLP US MMAAFCE LX HCRMOUS GU FULFXZU LX ZAGLCON US ELCOENG US ALSTRTA GR KROHNEF US ALPGVOA KY FENJAMS EK MGHINVA KY SPBKEMF KY CRDNCEI KY INDCBFP MP VOLFMLP US VLFMLTD BH LWLASDF NT ARGOMSA KY STONEPC US TANGLEM KY EXPLODR US MAGGFDI US MARSSAB BM VALACTV KY ARMORCP KY HFTCNWF KY GOODWOOD CN EMANCLP US IVYLNSS US CRMWIND US ALTGSTR KY GOTTLAR KY KALOCAP US BRZSPDN KY SPITDRA KY MWMOPPU ID BIRCIII US GABEJVP KY TRUPRTA KY VERCGE2 KY SEBMLTC LX CRTCTRD PL CKORVAL KY COUSSOF KY SLIBVGR SW BYRFINA ID ARMRCAP US VALALFA SM MPTGBPA VI CAMAPIA LX CLOVSTR US HASMCAP US PUMSPHA KY ALPTUCA KY BRAXEQA KY PCBRZSP KY LMPBLCH US AZURERF AU CAMCCGA KY MS2OMIP CU

Name
CIVIC CAPITAL FUND I IIG TRADE OPPORT FUND NV NORDIC - EUROP ABS RETURN FD LC CAPITAL PARTNERS LP MMA ALTERNATIVE FUND ONE-IA HSBC CREDIT MARKET OPPORT-$ FULCRUM GLOBAL FIXED INC-Z$ ZAZOVE GLOBAL CONVERTIBLE ELCO ENERGY FUND LP ALPHA STRATEGIEN TRIPLE-A KROHNE FUND LP ALPHAGEN VOLANTIS FND LTD-A$ FENJA FUND-MULTI STRATEGY LT MGH INVESTMENT FUND LTD - A JP SPC 5-BALKAN EM FRONT-B CREDENCE FUND LTD-B ALCHEMY INDIA CB FUND ICB-P VOLTAN FRONTIER MARK ONSH LP VOLTAN FRONTIER MKTS OFS LTD LW LATIN AMERICA SHORT DUR-A ARGO DISTRESSED CREDIT FND-A STONEPINE CAPITAL LP TANDEM GLOBAL EMER MKTS CAYM THE EXPLORADOR FUND LP MAGGIORE FUND I LP MARS FUND LTD SAC-B VALUE ACTIVE FUND-A ARMOR CAPITAL OFFSHORE LTD HFT CHINA NEW FRONT F-MASTER THE GOODWOOD FUND-A EMANCIPATION CAPITAL LP IVY LANE SPECIAL SITUATIONS CRM WINDRIDGE PARTNERS LP ALTITUDE GLOBAL STRATEGY GOTTEX MKT NTRL BARCLAYS US KALO CAPITAL MANAGEMENT LP BRZ FUND SPC-SEG PORT D-N SPITZER DRAGON FUND LTD MW GLOBAL OPPORTUNITIES-A U$ KGR LLC - KGR SERIES III GABELLI JAPANESE VALUE PARTN TRUE PARTNER FUND-A$ VERNO CAPITAL GROWTH-E2 SEB CREDIT MLTI STR-C-H-SEK CARREGOSA TECHNICAL TRADING CHEETAH KOREA VALUE FUND COURAGE-SPECIAL SITUAT OFF-A SWISS LIFE FLEX-DYN ALL S-I BYRON FIXED-INCOME ALPHA-INS ARMOR CAPITAL PARTNERS LP ADRIZA ALFA FIL MPT GBP SEGREGATED PORT-A AMUNDI-AB RE MS ASI PA EQ-IC CLOVER STREET FUND LP HARVEY SMIDCAP FUND LP PUMA SPHERA-A ALPHAGEN TUCANA FUND LTD-A$ BRAX EQUITY SPC-LONG BIAS BR PLURAX CAPITAL BRAZIL FD SP LAMPOST BLUE CHIP FUND LP AZURE RESOURCES FUND CHINAAMC CHINA GROWTH-A MAN SERIES 2 OM-IP 140+ AUD

TotRet1Y
7.24 7.23 7.22 7.21 7.2 7.19 7.18 7.15 7.15 7.14 7.14 7.12 7.12 7.1 7.08 7.08 7.07 7.07 7.07 7.05 7.04 7.04 7.03 7.03 7.03 7.01 7.01 7.01 7.01 7 6.99 6.99 6.98 6.98 6.96 6.95 6.94 6.93 6.92 6.91 6.9 6.89 6.89 6.88 6.88 6.87 6.86 6.85 6.85 6.84 6.83 6.82 6.81 6.81 6.81 6.8 6.8 6.79 6.78 6.75 6.74 6.73 6.73

ManagementStyle
Long/Short Equity Asset-Backed Securities Long/Short Equity Distressed Securities Multi-Style Distressed Securities Fixed Income Equity Fundamental Market Neutral Long Biased Equity Multi-Style Equity Fundamental Market Neutral Long/Short Equity Multi-Style Long Biased Equity Emerging Market Equity (Alternative funds) Equity Statistical Arbitrage Capital Structure/Credit Arbitrage Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Fixed Income Multi-Style Long Biased Equity Emerging Market Debt Long/Short Equity Multi-Style Macro Long Biased Equity Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Macro Multi-Style Long/Short Equity Macro Emerging Market Equity (Alternative funds) Long/Short Equity Equity Statistical Arbitrage Long/Short Equity Equity Statistical Arbitrage Long Biased Equity Multi-Style Multi-Style Long/Short Equity Multi-Style Multi-Style Fixed Income Long/Short Equity Multi-Style Macro Multi-Style Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Long/Short Equity Long Biased Equity Multi-Style Long/Short Equity Long Biased Equity Long/Short Equity Macro

ManagementCompany

TotAsset(M) FundType
Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
JOHN F DESANTIS DAVID HU BO LEHANDER STEVEN GEORGE LAMPE FRANCIS JAISSON SIMON GARFIELD N.A. JOHN W ZERWECK DANIEL L TULIS WOLFGANG HOFMEISTER AXEL KROHNE ROBERT GILES N.A. MICHAEL GIBBS-HARRIS N.A. N.A. SHIVAZ RAI ALISON GRAHAM ALISON GRAHAM ALFREDO GONZALEZ N.A. JON M PLEXICO RUGGERO DE ROSSI ANDREW CUMMINS JOHN SHOWEL N.A. GIUSEPPE PERRONE BORIS ZHILIN WANG XIN PETER H PUCCETTI CHARLES FRUMBERG ROBERT W KOEHN JAMIE HANDWERKER N.A. CHRIS HAWKINS STEVEN D FRIEDMAN N.A. CHRIS LI FEHIM CAN SEVER FRANK LASSANDRELLO DOUGLAS RICHARD JAMIESON N.A. BRUCE BOWER THOMAS KRISTIANSSON TIAGO PEREIRA KEVIN CHOI KWON-UK RICHARD C PATTON PIERRE GUILLEMIN THEODOROS COSTEAS DOV PLITMAN N.A. DIEGO STELLA VINCENT BOURDARIE DAVID REALE JEFFREY C MOSKOWITZ JONATHAN SAMUEL PAISNER LEOPOLD ARMINJON ARLINDO RAGGIO VERGACAS RODOLFO RIECHERT MICHAEL S MEADE ALEC CHRISTOPHER PISMIRIS GAN TIAN N.A.

Civic Capital Group LLC 13 International Investment Group LLC 323.48 Alsback Forvaltning AB 2,317.00 Lampe Conway & Co LLC 150.25 MMA Finance SA/France 265.93 HSBC Management Guernsey Ltd/Channel Is 67.1 RBS Luxembourg SA/Luxembourg 105.09 Zazove Associates LLC 25.69 ELCO Management Co LLC 11.73 SEB Master KAG mbh/Germany 37.33 Krohne Capital LLC 21.7 Henderson Alternative Investment Advisor Ltd 495.21 Fenja Asset Management Ltd 1.61 MGH Asset Management Ltd 11.57 Euro Asian Investments Ltd 1.61 Credence Capital Management Ltd N.A. Alchemy Investment Management Pte Ltd 17.52 Voltan Capital Management LLC N.A. Voltan Capital Management LLC N.A. LW Investment Management Ltd 22.7 Argo Capital Management Ltd 26.86 Stonepine Capital Management 21.2 Tandem Global Management LP 60.5 Explorador Capital Management LLC 58 Como Asset Management LLC 7 Mars Fund Management Ltd N.A. Varenne Capital Partners/France N.A. Armor Capital Management LLC 67.27 HFT Investment Management HK Ltd/Hong K N.A. Goodwood Inc 197.83 Emancipation Capital Offshore Ltd 51 Ivy Lane Capital Management LLC N.A. Cramer Rosenthal McGlynn LLC 98 MontFort & Cie SA N.A. Gottex Fund Management Sarl 28.5 Kalo Capital Management LLC 3.4 BRZ Asset Management Inc 3.22 Spitzer Asset Management Ltd 17.56 Marshall Wace LLP N.A. KGR Capital Management LLC 5.3 GAMCO Investors Inc N.A. True Partner Advisor Ltd/Cayman 33.8 Verno Investment Management Ltd 24.72 SEB Asset Management SA 22.11 Optimize Investment Partners SGFIM SA N.A. Cheetah Investment Management Ltd 71,971.00 Courage Capital Management LLC 88.57 Swiss Life Funds AG/Switzerland 130.48 Byron Capital Partners Cyprus Ltd 15.14 Armor Capital Management LLC 145.85 Valorica Capital e Inversiones SGIIC SA/Spai 4.29 MPT Asset Management Corp 72.46 Amundi Luxembourg SA 17.15 Spinner Asset Management LLC 15.37 Harvey Partners LLC 56 Puma Sphera Management Cayman Ltd 55.67 Henderson Alternative Investment Advisor Ltd 32.15 JGP Global Gestao de Recursos Ltda 77.29 Brasil Plural Gestao de Recursos Ltda 11.75 Lampost Financial Inc 5.7 Azure Capital 16.63 China Asset Management Ltd 76.82 Man Investments Ltd 25.34

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197

Ticker
KKIENDD KY YAGLBII US STAGINS KY FIREFND US IFPZENU KY TAMGLHC US BRILITE US BRAXFDB KY BLISSLP US SRPREIE LX ZENMACR KY COELSNO SS DELEMRG US THAVGVF US GAMMEDF VI INDCBFI MP OCCDEAE KY DSPBRJ2 MP DYNEURE JY MLISCC1 LX KARCRB1 NA QUANSPA KY VPOPILP US FOGHORN LX BHUE LN PABRIF2 US VINHDGA KY TTMCELA KY BTFGVUS KY WBCONAR US BATNALP US COURANT KY BNMECSF ID NUCENTS ID ZZLTDCA KY G4BREQH KY PIEMMKA KY PACMBLP US QUOTPLC IO FPPGEMD KY BELQUAN US JNCALPA CH GLGELSA KY ALSMACD LX GALEENA KY WBCOARB VI NEPTUNO VI LEBEQPR KY MADSTRT US JLEMNEU FP EURAGLB KY HANEPTU KY HAINEPT US DSPBRJ5 MP ESPLCEL US SECHCAU ID CASTLKE TL SLDEVNT BH MSDVAAA ID EURDEMI ID WHIMAWF KY DEMEOFF KY COMPENI US

Name
SWAN LONG SHORT CREDIT FD-D YA GLOBAL INVESTMENTS II LP GINGA SERVICE SECTOR FUND FIREBIRD FUND LP IFP CAPITAL ZENITH FUND-A$ TAMARACK GLOBAL HEALTHCARE BRIGHTLIGHT CAPITAL PARTNERS BRAX FUND-CLASS B-DOL CLASS THE BLISS FUND LP SEB PRIME-RAB PRIME EUR-I ZEN MACRO STRATEGIC FUND COELI NORRSKEN DELTEC EMERGING MARKET EQTY THIRD AVENUE GLOBAL VALUE LP GAM MULTI EVENT DRIVEN-$NVC ALCHEMY INDIA CB FUND ICB-I OCCO EASTERN EUROPEAN FUND-A DSP BLACKROCK IN INV-FISPFJ2 DB DYNAMIC EUROPE FUND LTD- ML IS-COL CIR IN HC L/S-BA KEMPEN ABSOLUTE RET CREDT-B QUAN TECH FD SPC LTD-A VARDEN PACIFIC OPP PART I LP KEEL CAPITAL FOGHORN FND-ES1 BLACKROCK HEDGE-UK EMERGING PABRAI INVESTMENT FUND 2 LP VINCI HEDGE FUND-A TT M/C EUROPE LONG/SHORT F-A GLOBAL VISION SPC-USD CLASS WHITEBOX-CONCENTRATED CONVER BATTENKILL ALPINE FUND LP COURANT FUND LTD BNY MELLON ENH CO SEL FD-F S&W ENTERPRISE FUND L-A ZZ LTD-A CLARITAS G4 - BRAZIL EQ HEDG PI SPC-PI EMERG MKT SP II-A PACIFIC MADRONE BROADLEAF LP QUOTIDIAN FUND PLC GLOBAL EMERGING MARKETS BD-$ BELVEDERE QUANTITATIVE FUND JUNIORCHINA ALPHA GLG EUROPEAN LONG-SHORT-A-R ALESSIA ABSOLUTE RET MC-EUR GALENA ENERGY FUND LTD-A WHITEBOX-CONCENTRATED CONVER NEPTUNO FUND LTD LEBLON EQUITIES PARTNERS MADISON STREET FUND LP JL EQUITY MARKET NEUTRAL EURASIAN GLOBAL FUND LTD HAIDAR NEPTUNE FUND LTD HAIDAR NEPTUNE FUND LLC DSP BLACKROCK IN INV-FISPFJ5 ESPLANADE CAPITAL ELECTRON SECTOR HEALTHCARE-A$ CASTLE AND KEY FUND PLC SOLIDUM EVENT LINKED FD MORGAN ST ALPHA+ AIP DIVA-I MW EUREKA FUND-A1 EUR THE ASIAN WEALTH FUND DEME OFFSHORE FUND LTD-A COMPENIO CAPITAL PARTNERS LP

TotRet1Y
6.71 6.7 6.69 6.69 6.68 6.67 6.67 6.65 6.65 6.64 6.64 6.64 6.62 6.62 6.61 6.61 6.6 6.6 6.59 6.58 6.58 6.55 6.54 6.54 6.51 6.51 6.5 6.49 6.49 6.48 6.46 6.45 6.44 6.43 6.42 6.42 6.41 6.4 6.38 6.37 6.36 6.36 6.35 6.35 6.35 6.34 6.34 6.32 6.32 6.32 6.31 6.31 6.31 6.31 6.31 6.31 6.28 6.28 6.27 6.26 6.26 6.26 6.26

ManagementStyle
Fixed Income Equity Fundamental Market Neutral Long/Short Equity Emerging Market Equity (Alternative funds) Fixed Income Long/Short Equity Equity Fundamental Market Neutral Multi-Style Long/Short Equity Long/Short Equity Macro Distressed Securities Emerging Market Equity (Alternative funds) Macro Distressed Securities Capital Structure/Credit Arbitrage Emerging Market Equity (Alternative funds) Emerging Market Debt Long/Short Equity Long/Short Equity Capital Structure/Credit Arbitrage Equity Fundamental Market Neutral Asset-Backed Securities Long/Short Equity Emerging Market Equity (Alternative funds) Equity Fundamental Market Neutral Macro Long/Short Equity Macro Convertible Arbitrage Equity Fundamental Market Neutral Long/Short Equity Macro Long/Short Equity Multi-Style Long/Short Equity Multi-Style Fixed Income Macro Emerging Market Debt Equity Statistical Arbitrage Equity Statistical Arbitrage Equity Fundamental Market Neutral Macro CTA/Managed Futures Convertible Arbitrage Multi-Style Long Biased Equity Long/Short Equity Equity Statistical Arbitrage Macro Distressed Securities Distressed Securities Emerging Market Debt Long/Short Equity Equity Fundamental Market Neutral Macro Multi-Style Multi-Style Long/Short Equity Multi-Style Emerging Market Equity (Alternative funds) Long/Short Equity

ManagementCompany

TotAsset(M) FundType
7.66 49 161.89 127.33 Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
FABRIZIO BIONDO N.A. TORU HASHIZUME HARVEY SAWIKIN N.A. JUSTIN FERAYORNI N.A. ARLINDO RAGGIO VERGACAS ROBERT Z BLISS JEAN-MARC FRAYSSE NGAI CHEUNG JACKY CARL ANDEREN GREGORY J LESKO GREG AMIT WADHWANEY AMIR MADDEN SHIVAZ RAI ANDREW WILES N.A. GERD KIRSTEN N.A. RICHARD KLIJNSTRA ED SCHNEIDER SHAWN STOVAL MATHIAS SVENSSON N.A. MOHNISH PABRAI PAULO FERNANDO OLIVEIRA DAVID GRIMBLEY RONALD SOLBERG ROB VOGEL RICK FRANZEN ANTON DUDOUKIN ALEXANDER C HUBERTS LEX RUPERT FLEMING ELMAR DIENER FABIANO RIOS JONNY KAYE CHARLES DICKE N.A. N.A. PATRICK BEAUDAN SONG BING-SHAN PIERRE LAGRANGE GIUSEPPE DISTEFANO CLAUDE LIXI ROB VOGEL FABIO LUIS RIBEIRO PEDRO HENRIQUE CHERMONT DE MIR STEVEN C OWSLEY SEBASTIEN VALEYRE N.A. SAID HAIDAR SAID HAIDAR N.A. SHAWN KRAVETZ TROND HORNELAND N.A. N.A. N.A. PAUL MARSHALL DAVID FERGUSSON GREGORY J LESKO GREG JONATHAN LICHTER

Swan Asset Management SA Yorkville Advisors LLC Stats Investment Management Co Ltd Firebird Advisors LDC IFP Independent Financial Partners AG/Switz N.A. Tamarack Capital Management LLC N.A. N.A. N.A. JGP Global Gestao de Recursos Ltda Windmill Capital LLC SEB Fund Services SA Zen Fund Management Co Ltd Coeli AB/Sweden N.A. Deltec Asset Management LLC Third Avenue Management LLC N.A. GAM International Management Ltd Alchemy Investment Management Pte Ltd Charlemagne Capital IOM Ltd DSP BlackRock Investment Managers Ltd/Ma Deutsche Asset Management International Gm Marshall Wace LLP/United Kingdom Kempen Capital Management NV Quan Management LLC Varden Pacific LLC Keel Capital AB N.A. BlackRock Investment Management Ltd N.A. Dalal Street LLC N.A. Vinci Gestora de Recursos Ltda/Brazil TT International Bosphorous Management Ltd Whitebox Advisors LLC Battenkill Capital Management Inc Courant Asset Management Ltd/Cayman Islan Standish Mellon Asset Management Co LLC N.A. Smith & Williamson Investment Management ZZ Vermogenverwaltung GmbH Claritas Investments Ltd Pi Financial Management Pacific Madrone Capital LLC Quotidian Investments LLP FPP Asset Management LLP/United Kingdom Belvedere Advisors LLC N.A. JuniorChina Capital Management Co Ltd N.A. GLG Partners Cayman Ltd Alessia SICAV Galena Asset Management Ltd Whitebox Advisors LLC Siamonoi Overseas Ltd N.A. Leblon Equities Gestao de Recursos Ltda/Bra Madison Street Partners LLC John Locke Investments SA N.A. Eurasian Management Ltd Haidar Capital Management LLC Haidar Capital Management LLC DSP BlackRock Investment Managers Ltd/Ma Esplanade Capital LLC Sector Asset Management ASA N.A. Logistable Ltd Solidum Asset Management Ltd N.A. Morgan Stanley Investment Management Inc Marshall Wace LLP N.A. Woodside Holdings Investment Management Deltec Asset Management LLC Compenio Capital Advisors LLC

75.73 19.1 23 17.5 49.62 122.43 11.26 584.87 38.64 9.15 326.93 55.67 1.79 120.13

100.39 445.27 21.43 75.82 85 30.83 41.3 98.17 17.09 106.82 36 10.47 29.4

625.58 86 20 216.8 60.71 58.6 59.36 14 14 3.45 3 52.11 103.01 33.39 10.27 3.7

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260

Ticker
OLDMUKS KY LAMQIMG ID CALPART KY CONMUNI US CONMUNO BH HEALVAL US KKIENNB KY FRGLFRC KY WILFINT VI PARAGON US ADIBESP FP MAXHOAD JY MOVPORT VI RABEHYA KY SNDPOST US MANGDAU CU RAIFUND US STNORDA LX CEEUSTA KY GIACAPA KY FORTJOD KY CAL180U MP VICEQLP US VICEQTY KY HOLLBAY US WBINTFD VI ESSVISN US ARGLBHD KY GAMEACC VI EXOLPAR US PCAGCAU KY SPINGLO VI GERSTCP US ALTADVE MV MANSIVD BH OMSTRAT CU MAJTORT ID KAIROSA KY EFGAALC KY CVOPPLP US CVOPPOI KY RAMONE1 SS OAKGOPA IO INTREDG US VULTURI KY FOYINFF BM LIMEWRA KY POBTETR KY CAMHINC KY CSFFIAA MV ANCILEA KY ATHHEDG LX EXCERFD LX COUSSLP US LANEEQI KY PRAFINU KY GLENCAP US TNIMESS BH UFGDEBT KY ACTGVGM GR METEMOU KY RABEURA KY ATLSTAA SS

Name
OLD MUTUAL UK SPECIA EQ F-A LAMP QIM GLOBAL-MA1 CALLAO PARTNERS LTD CONCORDIA MUNI OPPORTUNITIES CONCORDIA MUNICIPAL OPPOR-A HEALTHCARE VALUE PART-A SIDE SWAN BOND SUB-FUND-B FRONTAURA GLB FRONTIER O/S WILFRID INTERNATIONAL FD LTD PARAGON CAPITAL LP OFI SPREAD OPPORTUNITIES MAXIMA ALPHA STR HI OCTNE A$ MOVIE PORTFOLIO FUND LTD RAB EUROPEAN CREDIT OPPOR-A SOUNDPOST CAPITAL LP MAN AHL GOLD AUD LTD REAL ASSET INCOME FUND LP STORM FUND-STORM NORDIC FD-A CEFISA EUROPE EQ RS STRAT-A GIANO CAPITAL LIMITED-E FJODF INVESTORS UNIT TRUST CALDORA 180-USD VICTOR EQUITY FUND LP VICTOR EQUITY FUND LTD HOLLENCREST BAYVIEW PARTNERS WHITEBOX L/S EQUITY FUND LTD ESSEX VISION FUND LLC ARTEMIS GLOBAL HEDGE FND-$ GAM COMP ABS RET EUR ACCESS EXOLGAN PARTNERS LP POLAR CAP ALVA GL CONV-A USD SPINNAKER GLOBAL OPPORTUN-A GERST CAPITAL PARTNERS LP ALTMA ADVENT CONVERTIBLE ARB MAN AP ENHANCED SER IV-USD MAN OM-IP STRATEGIC LTD MAJEDIE-TORTOISE FUND-B KAIROS FUND LIMITED-A EUR EFGCM-ASPIDA ASSET ALLOCAT-C CEDARVIEW OPPORTUNITIES I LP CEDARVIEW OPPORTUNITIES I LT RAM ONE CHARLEMAGENE-OAKS GLB OPP-A INTRINSIC EDGE CAPTURE LP ARROWSMITH FUND LTD FOYIL FOCUSED FUND-IND LIMESTONE FUND-WIDER RUSSIA PACTUAL EQ FD SPC-T/R EQUIT CAM GLOBAL HIGH INCOME CAPITAL STR-FIX INC ALLOC-A ANCILE FUND-A DIM SICAV-SIF SCA - L/S EQUI EXANE FUND 1-CERES FUND-A COURAGE-SPECIAL SITUAT LP-A LANSDOWNE EUROPEAN EQ A PRESTIGE ALT FINANCE LTD-USD GLENVILLE CAPITAL PARTNERS TNI MENA SPECIAL SIT-ACC UFG DEBT FUND LTD ACCLIVIS TGV GALMAC METAGE FUNDS-METAGE EMMK OPP RAB EUROPE FUND LIMITED-A ATLANT FONDER-STABILITY-A

TotRet1Y
6.25 6.25 6.24 6.23 6.23 6.23 6.23 6.23 6.22 6.2 6.19 6.19 6.19 6.18 6.17 6.17 6.16 6.16 6.16 6.15 6.12 6.12 6.11 6.11 6.1 6.1 6.1 6.09 6.09 6.09 6.09 6.08 6.08 6.08 6.07 6.06 6.05 6.05 6.05 6.01 6.01 5.99 6 5.98 5.97 5.97 5.96 5.95 5.95 5.92 5.92 5.91 5.9 5.9 5.89 5.88 5.84 5.83 5.82 5.82 5.82 5.8 5.79

ManagementStyle
Long/Short Equity CTA/Managed Futures Fixed Income Fixed Income Arbitrage Fixed Income Arbitrage Long/Short Equity Fixed Income Emerging Market Equity (Alternative funds) Distressed Securities Merger Arbitrage Fixed Income Arbitrage Multi-Style Macro Capital Structure/Credit Arbitrage Long/Short Equity CTA/Managed Futures Long/Short Equity Long Biased Equity Macro Long/Short Equity Mortgage-Backed Arbitrage Multi-Style Long/Short Equity Long/Short Equity Fixed Income Arbitrage Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Multi-Style Fixed Income Convertible Arbitrage Emerging Market Debt Macro Convertible Arbitrage Multi-Style Macro Long/Short Equity Long/Short Equity Macro Distressed Securities Distressed Securities Multi-Style Multi-Style Long/Short Equity Distressed Securities Multi-Style Equity Fundamental Market Neutral Long/Short Equity Multi-Style Fixed Income Capital Structure/Credit Arbitrage Long/Short Equity Long/Short Equity Multi-Style Long/Short Equity Asset-Backed Securities Long/Short Equity Multi-Style Fixed Income Multi-Style Emerging Market Equity (Alternative funds) Long/Short Equity Macro

ManagementCompany

TotAsset(M) FundType
149.94 Hedge Fund 9.94 Hedge Fund Hedge Fund 325 Hedge Fund 325 Hedge Fund 82 Hedge Fund 30.61 Hedge Fund Hedge Fund 55.86 Hedge Fund 16.48 Hedge Fund 71.47 Hedge Fund 71 Hedge Fund 0.56 Hedge Fund 23 Hedge Fund 93.02 Hedge Fund 78.22 Hedge Fund 22 Hedge Fund 12.33 Hedge Fund 6.44 Hedge Fund 29.29 Hedge Fund 1,278.49 Hedge Fund 0.19 Hedge Fund 164.8 Hedge Fund 164.8 Hedge Fund 26.68 Hedge Fund 14.43 Hedge Fund Hedge Fund 18.4 Hedge Fund 1.54 Hedge Fund Hedge Fund Hedge Fund 1,447.29 Hedge Fund 4.9 Hedge Fund Hedge Fund 14.8 Hedge Fund 56.29 Hedge Fund 396.65 Hedge Fund 127.83 Hedge Fund Hedge Fund 65 Hedge Fund 65 Hedge Fund 2,529.00 Hedge Fund 19.23 Hedge Fund 241 Hedge Fund 44.59 Hedge Fund 1.24 Hedge Fund 3 Hedge Fund 16.65 Hedge Fund Hedge Fund 133.2 Hedge Fund 57.76 Hedge Fund 16.51 Hedge Fund 400.42 Hedge Fund 125.27 Hedge Fund 397.55 Hedge Fund Hedge Fund 22.5 Hedge Fund 7.63 Hedge Fund 98.5 Hedge Fund 37.29 Hedge Fund 28.5 Hedge Fund 13 Hedge Fund 1,264.00 Hedge Fund

Manager
ASHTON BRADBURY N.A. ROBERT S KLEIN CHRISTOPHER DILLON CHRISTOPHER DILLON JOSEPH RICCARDO FABRIZIO BIONDO N.A. NICHOLAS W WALSH ALAN P DONENFELD STANISLAS GRENET SANDRA L MANZKE GORDON R CLARK FARID GARGOUR JAIME LESTER N.A. PHILIP TREICK MORTEN E ASTRUP FERMIN ALOU MICHELE RAGAZZI NOBUHITO OKAMOTO COBUS KELLERMANN RHYS WILLIAMS RHYS WILLIAMS MICHAEL A SCHULMAN JASON CROSS JOSEPH C MCNAY PETER SAACKE JEREMY A SMOUHA ROBERT S KLEIN DAVID KEETLEY JORGE BENJAMIN ROSAS GREGORY GERST N.A. N.A. N.A. MATTHEW SMITH ROBERTO CONDULMARI N.A. BURTON WEINSTEIN BURTON WEINSTEIN SVEN NYMAN STEFAN BOTTCHER MARK COE JAMES R HODGES DORIAN FOYIL N.A. MARCELO KALIM TIN HUNG ILIAS EL BAHRAOUI NABIL MARC ABDUL-MASSIH THOMAS DE MEVIUS CHARLES-HENRI NEME RICHARD C PATTON STEVEN A HEINZ N.A. RICHARD J HANLON N.A. MAXIM TISHIN N.A. RICHARD WEBB JULIAN BARRELL ANDERS KULLBERG

Old Mutual Asset Managers UK Ltd/London Quantitative Investment Management LLC Crecera Finance Management Co LLC N.A. Concordia Advisors LLC Concordia Advisors Bermuda Ltd Healthcare Value Capital LLC Swan Asset Management SA Frontaura Capital LLC N.A. Wilfrid Advisors AG Paragon Capital Advisors LLC Ofi Asset Management Maxima Alpha BV Out Of Obscurity Inc RAB Capital Ltd Soundpost Partners LP Man Investments Ltd Thermopolis Partners LLC Storm Capital Management Ltd Cefisa Associes SA Odey Asset Management LLP/United Kingdom HC Asset Management Co Ltd Belvedere Management Ltd/Mauritius Columbia Partners LLC Investment Managem Columbia Partners LLC Investment Managem Double Eagle Partners LLC Whitebox Advisors LLC Essex Investment Management Co LLC N.A. Artemis Investment Management LLP GAM International Management Ltd/London Crecera Finance Management Co LLC N.A. Polar Capital LLP N.A. Spinnaker Capital Ltda Gerst Capital LLC Innocap Global Investment Management Ltd N.A. Man Investments Ltd Man Investments Ltd Majedie Asset Management Ltd Kairos Investment Management Ltd Capital Management Advisors Ltd N.A. Cedarview Capital Management LP Cedarview Capital Management LP RAM ONE AB/Sweden Charlemagne Capital Ltd Coe Capital Management LLC Arrowsmith LLC Foyil Asset Management Ltd/Bahamas Headstart Advisers Ltd BTG Pactual Asset Management SA DTVM/B Champion Asset Management Ltd N.A. Capital Strategy Funds Sicav plc ICMG Ltd DIMlux SA Exane Asset Management/France Courage Capital Management LLC Lansdowne Partners LP Prestige Fund Management Ltd N.A. Glenville Capital Management LLC TNI / The National Investor UFG Advisors Ltd HSBC Investments Deutschland Metage Capital Ltd RAB Capital Ltd Atlant Fonder AB

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323

Ticker
DSPBRJ4 MP DSPBRJ3 MP MOABOSA VI MOABPLP US MANADEA BH MANADEB BH PMLSEQA CN FORTDIV US CEWOGSB KY ACMDFIF US YAKIRAP US FGOFGDD KY ESPIAL1 US HFREHFV BH HLIQEBV KY LIONARA LX CAZMULT US NSGARAU ID ANDRLTD VI ANDROLP US SPLENDF KY LANEEEB KY PROLFDA KY LEBVLHB KY CEDMNLD KY ANINMAS KY CEDMNLP US ANSIOFB KY SPAEVEI KY PROLDWA US PRIMCOR FP STEVJPD GU MLISYO1 LX CATHEDG SS EQUIPNT US TRAFTRA KY SOFIFND VI ACQUANY AU NAMINVA VI BEALACI US PHARMAC KY HENGFIE KY AKABONA KY ALPTECH ID UFGRALT KY CONQILP US OMNPEUR LX SQIBUM1 KY GREENII US VERTXLP CN TALWNDI VI WBHHIGH VI DELTRBD US CHAMCEA LX CWACQUY AU ILEXHIY KY HARPST1 JP JAGLLST AU CRESTIN BM WEININP US GLGEMEA KY PGSEOTB KY RIMCPSA JY

Name
DSP BLACKROCK IN INV-FISPFJ4 DSP BLACKROCK IN INV-FISPFJ3 MOAB PARTNERS OFFSHORE LTD-A MOAB PARTNERS LP MAN AHL DIVERS GUARAN -TR A MAN AHL DIVERS GUARAN -TR B PICTON MAHONEY L/S EQUITY-A FORT GLOBAL DIVERSIFIED PRG CEFISA WORLD GEO STRENGTH-B ALETHEA-DYNAMIC FIXED INCOME YAKIRA PARTNERS LP GLOBAL DIVERSIFIED SP-CL D ESPIAL CAPITAL PARTNER LP HFR-FUNDAMENTAL VALUE TRACKR HENDERSON LIQUID EVENTS-B VT AVOCA CR-ABSOLUTE RET-A CAZ MULTI-STRATEGY FUND LP-A NEWSMITH GLOBAL ABSOL RE-IA$ ANDROMEDA GLOBAL CREDIT PART ANDROMEDA GLOBAL CREDIT-LP SPLENDOR ABSOLUTE RETURN-A$ LANSDOWNE EUROPEAN EQ B PROLOGUE FEEDER FUND LTD-A LEBLON VALUE HEDGED-B CEDAR STREET OFF-MKT NEUT-B ANSON INVEST MASTER FUND LP CEDAR STREET LP - MKT NEUT-B ANSON INVESTMENTS OFFSHORE-B EVERYONE FUND PROLOGUE DELAWARE FDER LP-A PRIM' GOLD STRATEGIC EVARICH JAPAN F-$ MLIS YORK DRVN UCI GBP-A-ACC CATELLA-HEDGEFOND EQUIPOINT CAP PARTNERS LP TRAFALGAR TRADING FD INC-A1$ SOFIRE FUND LTD-A-VOTING ACADIAN QUANT YIELD-A NAM INVESTMENT FUND LTD-A BELENOS ALT ACCESS FUND I LP PHARO MACRO FUND LTD HENDERSON CREDIT OPPTY FD-A AKAMATSU BONSAI FUND - A ALPRO GROWTH FUND PLC-A UFG RUSSIA ALTERNATIVE LP CONQUEST I LP TRANSTREND FUND-OMNI PLUS- SECQUAERO ILS FD-BASIC $MF1 GREEN II FUND LLC-GREEN VERTEX FUND-A THE TAIL WIND FUND LTD WHITEBOX-CREDIT ARB FUND DELTEC TOTAL RETURN BOND FD CHAHINE MEGACAP EUR ALPHA- CFST FCWI-ACADIAN QUANT YLD AVOCA CREDIT ALPHA FUND-EUR HARPSTAR 1 JAGUAR AUST LEADERS L/S FD CRESTA INVESTMENT-FUND-A WESTERN INVEST INST PART LLC GLG EMERGING MARKETS FUND-RA PGS ENERGY OPPOR TRUST-B RIMIS CONSERVATIVE TTL RTN

TotRet1Y
5.73 5.73 5.71 5.7 5.7 5.7 5.69 5.68 5.68 5.68 5.66 5.67 5.67 5.66 5.65 5.64 5.64 5.62 5.62 5.62 5.62 5.61 5.58 5.58 5.58 5.57 5.57 5.57 5.56 5.56 5.54 5.53 5.52 5.49 5.48 5.48 5.47 5.45 5.45 5.44 5.42 5.41 5.4 5.4 5.39 5.39 5.38 5.38 5.37 5.36 5.36 5.35 5.34 5.33 5.32 5.32 5.31 5.31 5.31 5.29 5.27 5.26 5.25

ManagementStyle
Emerging Market Debt Emerging Market Debt Distressed Securities Distressed Securities Multi-Style Multi-Style Long/Short Equity CTA/Managed Futures Macro Macro Merger Arbitrage CTA/Managed Futures Long/Short Equity Equity Fundamental Market Neutral Fixed Income Arbitrage Asset-Backed Securities Multi-Style Long/Short Equity Multi-Style Multi-Style Long Biased Equity Long/Short Equity Fixed Income Arbitrage Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Fixed Income Arbitrage CTA/Managed Futures Long/Short Equity Merger Arbitrage Multi-Style Long Biased Equity Long/Short Equity Macro Long/Short Equity Macro CTA/Managed Futures Macro Fixed Income Arbitrage CTA/Managed Futures Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity CTA/Managed Futures Multi-Style Macro Distressed Securities Long/Short Equity Capital Structure/Credit Arbitrage Fixed Income Long/Short Equity Long/Short Equity Capital Structure/Credit Arbitrage Long/Short Equity Long/Short Equity Fixed Income Multi-Style Emerging Market Equity (Alternative funds) Long/Short Equity Macro

ManagementCompany

TotAsset(M) FundType
Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
N.A. N.A. MICHAEL M. ROTHENBERG MICHAEL M. ROTHENBERG TIMOTHY WONG TIM TIMOTHY WONG TIM DAVID PICTON YVES BALCER N.A. TONY HSU BRUCE M KALLINS YVES BALCER ADAM GOLD N.A. STEVE CAIN JAMES ARTHUR SCLATER CHRISTOPHER A ZOOK SIMON ROBERTS SHAHRIAR SHAHIDA SHAHRIAR SHAHIDA N.A. STEVEN A HEINZ GRAHAM WALSH PEDRO HENRIQUE CHERMONT DE MIR KENNETH GROSSMAN BRUCE WINSON KENNETH GROSSMAN BRUCE WINSON N.A. GRAHAM WALSH BENJAMIN LOUVET YUTAKA UDA JAMES G DINAN JAMIE ULF STROMSTEN ADAM M HUTT CHRIS AARONS MATTHEW MCLENNAN N.A. N.A. ANDREW D BEER GUILLAUME H FONKENELL STEPHEN THARIYAN N.A. N.A. FLORIAN FENNER TIMOTHY M KELLY N.A. N.A. N.A. JOHN THIESSEN DANIEL A NYE ROB VOGEL LINEN GRUNDER JEAN BAPTISTE FARGEAU N.A. JAMES ARTHUR SCLATER KYOSUKE SHIRASAKI PERRY KOTSOMITIS N.A. ARTHUR D LIPSON ART KARIM ABDEL-MOTAAL VIRGINIA PARKER REYNOLDS DAVID COOMBS

DSP BlackRock Investment Managers Ltd/Ma 37.87 DSP BlackRock Investment Managers Ltd/Ma 2.89 Moab Capital Partners LLC/USA 294 Moab Capital Partners LLC 294 Man Investments Ltd 4.29 Man Investments Ltd 4.29 Picton Mahoney Asset Management 125.95 Fort LP 120.7 Cefisa Associes SA 11.37 Alethea Capital Management LLC 8.55 BK Management Inc 125 Fort LP 37.98 Espial Capital Management LLC N.A. HFR Asset Management LLC N.A. Henderson Alternative Investment Advisor Ltd 175.88 RBS Luxembourg SA 51.81 CAZ Investments LP 26.4 NewSmith Asset Management LLP 63.3 Constellation Capital Management LLC/USA 57 Constellation Capital Management LLC 57 Splendor Capital Management Ltd 15.55 Lansdowne Partners LP 129.13 Prologue Capital LLP 1,968.00 Leblon Equities Gestao de Recursos Ltda/Bra 27.56 SG Capital Management LLC 7 Frigate Ventures LP/USA 187 SG Capital Management LLC 2 Frigate Ventures LP/USA N.A. Sparx Group Co Ltd 12,322.57 Prologue Capital LLP 1,968.00 Prim'finance SA 25.49 EI Sturdza Strategic Management Ltd 2,349.16 York Capital Management LLC 311.85 Catella Kapitalforvaltning AB 8,830.00 AMH Equity LLC 3.3 Trafalgar Capital Management LLP/UK N.A. First Eagle Investment Management LLC 179 Colonial First State Investments Ltd/Australia 16.67 Nemo Asset Management Ltd 6.49 Belenos Capital Management LLC N.A. Pharo Management UK LLP 1,681.75 Henderson Global Investors Ltd 91.01 PCE Investors Ltd 2,700.00 ALPRO Funds Management Ltd N.A. UFG Advisors Ltd 88.3 Avondale Conquest LLC 34 Transtrend BV 109.96 Secquaero Investment Management Cayman N.A. Credit Suisse Hedging-Griffo Servios Internac 103.46 Vertex One Asset Management Inc 1,040.00 CIM Investment Management Ltd 60 Whitebox Advisors LLC 212.64 Deltec Asset Management LLC 34.07 J Chahine Capital 16.25 First State Investments 111.32 Avoca Capital Holdings UK 16.08 Harpstar Partners LLC 3,597.99 Jaguar Advisory Services Pty Ltd 10.5 FC Capital Investments N.A. Western Investment LLC 23.7 GLG Partners Cayman Ltd 250.48 Parker Global Strategies LLC N.A. Rathbone Investment Management Internatio N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1354 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1365 1366 1367 1368 1369 1370 1371 1372 1373 1374 1375 1376 1377 1378 1379 1380 1381 1382 1383 1384 1385 1386

Ticker
POLCECA KY PADASIA KY ROYCDIS US PARACMD VI TARALEQ KY TARPALE US FINGOFA KY PNYIELD SS LGUKSCD ID FOCEHA1 ID MOHICAN US HSAXPRT US FULAMSA KY APISGDV US RHYTHFO US SNDPLDM US BMCAUSD KY CAMBFUN VI ISKCAPT KY CHSCNIE ID CQSCQSF KY CSIRLUA KY HILCMNEA CN CLOUGHQ KY HFREHFG BH MSPGEAB ID VRDISTR KY THEOEPB KY SRVSPEC BH AKTAGAA SS ITGMHSP KY MINCAPA KY LGTAXEA ID ISWFUND GU IONISRL KY PELAGSD KY INNMKR1 MV REALRTA ID GRANAEQ KY PCPEMKA KY MQASLSF KY THYALCE VI PRSTAND US CNVRGUS US ABREITU KY PARACMG VI RIMCPSI JY MOHVCAO KY CHICAPM US WEAVARB US LVGBARC KY GREENHG US DEFLMTD KY SOPMALP US FERRELB LX EVSMALL NA MSQBRVA KY ADVWALS AU EIGERSA VI ALPGCAP KY BTSAAHY US CALCHNU MP AGMIDEU LX

Name
POLAR CAPITAL EURO CONVICT-A PADDINGTON ASIA FUND LTD-A ROYCE DISCOVERY FUND LLC ARCHETYPE INVESTMENTS FUND-D TARPON ALL EQUITIES FUND LP TARPON ALL EQUITIES FUND LLC FINISTERRE GLOBAL OPPORT-B$ P&N-YIELD LGIM UK SMALLER COS ALPHA-$ FIRST OCTANS ASIAN FX I-HA1 MOHICAN VCA FUND LP HSAX PARTNERS LP FULLERTON ASIAN MULTI STR A APIS GLOBAL DEEP VALUE LP RHYTHMIC FINANCIAL OPPORTUNI SANDLER PLUS DOMESTIC II LP BECA MACRO COMMODITIES-A USD CAMBRIAN FUND LTD-A ISKANDIA CAPITAL FUND LTD-A CHEYNE CONVERT ABS RTN-S2 CQS CONV & QUAN STRAT FDR-B CS IRIS FUND LIFE LTD-USA-A HILLSDALE MRKT NEUTRAL EQT-A CLOUGH OFFSHORE FUND QP LTD HFR-FUNDAMENTAL GRWTH TRACKR MS PSAM GLOB EVENT UCITS-B VR GLOBAL OFFSHORE FUND LTD THEOREMA EUROPE FUND PLS-B1$ SPECTRUM CIS VALUE FUND LTD AKTIE-ANSVAR GRAAL AKTIEHD-A ITAU GL INV-GL MACRO HEDGE MINERVA CAPITAL-SPECIAL SIT CAU-A GENERIX L/S EQUITY-A$ STRATTN-ASIA SYNTHETIC WARR ION ISRAEL FEEDER FUND LTD PELAGUS CAPITAL FUND-USD INNOCAP-MARKHAM RAE I REAL RETURN-REAL ASIA-A GRANAT EQUITY FUND POLUNIN CAPITAL EMER MKT AA MACQUARIE ASIAN ALPHA FUND-A THYBO ALPHA FUND LTD-C PRESCIENT RIDGE-STANDARD SER CONVERGENT US FUND LP EASTON ASIA FUND-USD ARCHETYPE INVESTMENTS FUND-G RIMIS CONSERVATIVE TTL RTN MOHICAN VCA OFFSHORE FD LTD CHICAGO CAPITAL MANAGEMENT-A WEAVER ARBITRAGE PARTNERS LP LVI LV-GBL BOND ABS RTN-CHF GREEN HG FUND LLC - GREEN DEFIANCE FUND LTD SOPHROSYNE MALTHUSIAN LP FERRUM FUND-RELATIVE VALUE B EV SMALLER COMPANIES FUND M SQUARE BRAZIL VALUE FUND-A ADVANCE AWS-ADV GL ALPHA EIGER SYMPHONY CAP LTD CLA A ALPHAGEN CAPELLA FUND LTD-A$ BTS ASSET ALLOC/HIGH YIELD CALDORA CHINA FUND-USD A&G GLOBAL SICAV - MIDTN-

TotRet1Y
5.25 5.25 5.25 5.24 5.23 5.23 5.23 5.23 5.22 5.2 5.2 5.2 5.19 5.19 5.19 5.18 5.18 5.17 5.17 5.16 5.14 5.12 5.11 5.12 5.12 5.11 5.09 5.09 5.09 5.08 5.08 5.08 5.07 5.07 5.05 5.03 5.03 5.02 5.01 5 4.99 4.99 4.99 4.99 4.99 4.98 4.98 4.97 4.96 4.96 4.97 4.95 4.95 4.95 4.94 4.92 4.92 4.91 4.91 4.9 4.9 4.9 4.87

ManagementStyle
Long/Short Equity Long Biased Equity Long/Short Equity Fixed Income Arbitrage Long Biased Equity Long Biased Equity Emerging Market Debt Long/Short Equity Long/Short Equity Fixed Income Convertible Arbitrage Long/Short Equity Multi-Style Long/Short Equity Fixed Income Arbitrage Multi-Style CTA/Managed Futures Long Biased Equity Equity Statistical Arbitrage Convertible Arbitrage Convertible Arbitrage Multi-Style Equity Fundamental Market Neutral Long/Short Equity Equity Fundamental Market Neutral Merger Arbitrage Distressed Securities Long/Short Equity Emerging Market Equity (Alternative funds) Macro Macro Multi-Style Long/Short Equity Convertible Arbitrage Emerging Market Equity (Alternative funds) Fixed Income Arbitrage Macro Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Equity Fundamental Market Neutral Multi-Style CTA/Managed Futures Equity Fundamental Market Neutral Multi-Style Asset-Backed Securities Macro Convertible Arbitrage Merger Arbitrage Merger Arbitrage Fixed Income Macro Long/Short Equity Long/Short Equity Fixed Income Arbitrage Long/Short Equity Long Biased Equity Long/Short Equity Long/Short Equity Long/Short Equity Fixed Income Multi-Style Multi-Style

ManagementCompany

TotAsset(M) FundType

Manager

Polar Capital LLP Paddington Asset Management Pte Ltd/Singa Royce & Associates LLC Archetype Investment Ltd N.A. TIG Holding Ltd TIG Holding Ltd Finisterre Capital LLP N.A. Legal & General Investment Management Ltd Lantern Structured Asset Management Ltd/Ire Mohican Financial Management LLC HSAX & CO LLC Fullerton Fund Management Co Ltd Apis Capital Advisors LLC N.A. N.A. Sandler Capital Management Beca Asset Management N.A. Atlantic Investment Management Inc Maguelone Management Ltd Cheyne Capital Management Ltd CQS Cayman LP Credit Suisse AG Hillsdale Investment Management Inc Clough Capital Partners LP N.A. HFR Asset Management LLC N.A. P Schoenfeld Asset Management LLP VR Capital Group Ltd/Cayman Islands Theorema Asset Management Ltd Spectrum Partners Ltd Aktie-Ansvar AB/Sweden Itau Unibanco SA Apollo Multi Asset Management LLP N.A. LGT Capital Partners Ireland Ltd Stratton Street Capital CI Ltd Ion Asset Management Ltd N.A. Mako Investment Managers LLP Innocap Global Investment Management Ltd Veritas Asset Management UK Ltd Granat Capital Advisors/Cayman Islands Polunin Capital Partners Ltd Macquarie Funds Management Ltd/Hong Kon UBS Luxembourg SA Prescient Ridge Management LLC Persky Financial Management Inc Armytage AAM Ltd/Australia Archetype Investment Ltd N.A. Rathbone Investment Management Internatio N.A. Mohican Financial Management LLC Brown Trout Management LLC Weaver Capital Management LLC/USA Delman SA Credit Suisse Hedging-Griffo Olos Capital Inc Sophrosyne Capital LLC Ferrum Fund Management Co Sarl EValuation Capital Managment BV M Square Investimentos Ltda/Brazil N.A. Advance Asset Management Ltd LM Finanz AG Henderson Alternative Investment Advisor Ltd BTS Asset Management Inc Caldora Asset Management Asesores y Gestores Financieros Fondos SG

128.91 Hedge Fund ROBERT GURNER 12.5 Hedge Fund STEPHEN HUNT 3.39 Hedge Fund GEORGE NECAKOV Hedge Fund STEPHANE LE CAM 2,520.40 Hedge Fund JOSE CARLOS REIS DE MAGALHAES 2,520.40 Hedge Fund JOSE CARLOS REIS DE MAGALHAES 364.78 Hedge Fund DEVIN LO 328.98 Hedge Fund PER-OLOF NILSSON 42.91 Hedge Fund ROD OSCROFT 16.47 Hedge Fund N.A. 9.6 Hedge Fund DANIEL HAGE 8.14 Hedge Fund HARVEY SAX 172.29 Hedge Fund N.A. 10.3 Hedge Fund DANIEL J BARKER Hedge Fund BRIAN ZIPP 9 Hedge Fund ANDREW M SANDLER Hedge Fund N.A. 748 Hedge Fund ALEXANDER J ROEPERS 19 Hedge Fund N.A. 77.29 Hedge Fund AKIN AKINLOYE 467 Hedge Fund N.A. 145.44 Hedge Fund NIKLAUS HILTI 3.13 Hedge Fund N.A. Hedge Fund N.A. Hedge Fund N.A. 166.24 Hedge Fund PETER SCHOENFELD 1,107.00 Hedge Fund RICHARD DEITZ 115 Hedge Fund GIOVANNI GOVI 4.5 Hedge Fund N.A. 314 Hedge Fund N.A. 158.89 Hedge Fund N.A. Hedge Fund STEVE BRANN 51.65 Hedge Fund STEFAN A MUEHLEMANN 0.8 Hedge Fund MATTHEW LONERGAN Hedge Fund JONATHAN HALF 994.79 Hedge Fund BRUNO USAI 266.14 Hedge Fund JONATHAN MARTIN 940.97 Hedge Fund EZRA SUN 3.39 Hedge Fund ANATOLY TSOIR 109 Hedge Fund DOUGLAS POLUNIN 1,599.00 Hedge Fund NICK BIRD 90.07 Hedge Fund N.A. 34.71 Hedge Fund N.A. 8.8 Hedge Fund MARK MANDELL 6.34 Hedge Fund ANDREW GORDON MCKAY Hedge Fund STEPHANE LE CAM Hedge Fund DAVID COOMBS 6.7 Hedge Fund DANIEL HAGE 31 Hedge Fund STEVEN GERBEL 21.16 Hedge Fund JOHN M FOX 9.46 Hedge Fund N.A. 1,435.09 Hedge Fund LUIS STUHLBERGER 27.13 Hedge Fund FRANCOIS PARENTEAU 17 Hedge Fund BEN TAYLOR 57.09 Hedge Fund N.A. 69.45 Hedge Fund WILLEM DE VLUGT Hedge Fund MAURICIO BITTENCOURT 307.88 Hedge Fund N.A. 15.12 Hedge Fund MARKUS HOEHN 71.69 Hedge Fund JOHN BENNETT 11.5 Hedge Fund MATTHEW PASTS 0.29 Hedge Fund COBUS KELLERMANN 13.99 Hedge Fund N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1387 1388 1389 1390 1391 1392 1393 1394 1395 1396 1397 1398 1399 1400 1401 1402 1403 1404 1405 1406 1407 1408 1409 1410 1411 1412 1413 1414 1415 1416 1417 1418 1419 1420 1421 1422 1423 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 1438 1439 1440 1441 1442 1443 1444 1445 1446 1447 1448 1449

Ticker
GLAZENH US KONDORA KY SRPHEON KY LDILIAU ID CATFUND JY LANEEUB KY LANEEUI KY OUTRDER US LAZEMA2 US DUNLCAP US GEMINIA BH OPTGOPB VI IRISLOW GU OUTRIDR KY PARAMEE BM WESTPRT US CMSPRGS KY GEMABEU KY COMCAPI US ECOCHPI KY INTSPSI NT IVAGLTD KY MWJMA1U ID LUPCOMO ID NEWPRDM US HADOHV1 VI HORCRHC GU GRECVPD KY PEGAEUR VI LIFESET BM FORAARF AU PROALPE TL CSPRING KY SANCFIB KY LGTAXGA ID GSABCUH LX NTLGEVE VI ALPSSPA KY ROSCPLP CN NAMGDAA KY AREUEDA SW STGBGRW GU OMNPUSD LX OMNIEUR LX CFSTAQY AU SPRUGWB KY HILUSAGH CN ROBSOPP US AOF LN RICPTLF FP ALIGLAU LX SNNYMTH US SILVLAK US PLPLIOU US SEEDLCA US MQPLDMN KY ARGOSTF BM SAGESTR US CALAEAR AU HAVPALP US HORIZON JY FISHGLO US BELGLMC US

Name
GLAZER ENHANCED FUND LP KONDOR FUND SPC - SP CLASS A SR PHOENICIA-PHOENICIA-S1 LEADENHALL DIV INS LNK-A USD THE CATPRICORN FUND LANSDOWNE EUROPEAN EQ B$ LANSDOWNE EUROPEAN EQ A$ OUTRIDER ONSHORE LP LAZARD EM CURRENCY INC LP-A2 DUNLAP CAPITAL PARTNERS LP GEMINI CHINA OPPORTUNITY -A OPTIS GLOBAL OPPORTUNITIES-B MGD INV-IRIS LOW VOL-USD OUTRIDER OFFSHORE LTD PARAMOUNT EASTERN EUROPE FND WESTERLY PARTNERS LP CMS PROS GROWTH FUND SEG POR GEMS PRO II ALPHABETA EMER-$ COMPOUND CAPITAL INVEST LP ECOFIN CHINA POWER & INFRAST INTERBOLSA SPECIAL SITUATION IVA GL CAYMAN NON-US INV LTD MWG JAPAN MARKET NEUT - A U$ LUPUS ALPHA COMMODITY OPP FD NEW PARADIGM FUND LP HADOH V1 FUND LTD HORIZON CREDIT HEDGE CELL-A$ GREATER CHINA VALUE PARTN-U$ PEGASUS EUROPE LTD-A LIFE SETTLEMENTS FUND LTD AURORA FORTITUDE ABS RETURN PROALP FUND LTD CASTALIA SPRINGS LTD SANCTUM FIXED INCOME FUND-B$ CAU-A GENERIX GLOB MAC-A$ GS ALTER BETA EQ LS UCI-C$ NORTHERN LIGHT EVENT FUND-E ALPS GLOBAL SEGREGATED POR-A ROSALIND CAPITAL PARTNERS LP NIKKO AM GDAA-A ARVERNUS CAP CH EUR EV DR-A STRATEGIC GLOBAL GROWTH LTD TRANSTREND FUND-OMNI PLUS-$ TRANSTREND FUND-OMNI EU- CFST FCI-ACADIAN QUANT YLD SPECIALISED RUSSIAN GROWTH-B HILLSDALE GLBL LONG/SHORT-A ROBERTSON OPPORTUNITY FND LP AFRICA OPPORTUNITY FUND LTD RIVOLI CAPITAL-F ALIGNMENT GL-STRAT BND-A USD SUNNYMEATH PARTNERS LLC SILVER LAKE CREDIT FUND LP PLATINUM PART LIQ OPP FD USA SEEDLING CAPITAL PARTNERS LP POLAR DIAMOND GREATER CHINA ARGO STRATEGIC FUND LTD SAGE STRATEGIC INCOME LP CALIBRE AUST EQUITY ABS RET HAVENS PARTNERS LP HORIZON FUND FISCHER GLB OPPS FUND LP BELVEDERE GLOBAL MACRO FUND

TotRet1Y
4.86 4.83 4.83 4.82 4.82 4.81 4.81 4.8 4.79 4.81 4.8 4.79 4.78 4.78 4.78 4.75 4.76 4.75 4.7 4.66 4.65 4.64 4.64 4.63 4.62 4.61 4.61 4.6 4.6 4.59 4.59 4.58 4.58 4.57 4.56 4.55 4.55 4.54 4.54 4.52 4.52 4.51 4.49 4.48 4.48 4.46 4.45 4.43 4.43 4.43 4.41 4.41 4.4 4.4 4.4 4.39 4.37 4.35 4.35 4.34 4.32 4.32 4.32

ManagementStyle
Merger Arbitrage Macro Long/Short Equity Multi-Style Distressed Securities Long/Short Equity Long/Short Equity Emerging Market Debt Emerging Market Debt Long/Short Equity Emerging Market Equity (Alternative funds) Long Biased Equity Multi-Style Emerging Market Debt Fixed Income Long/Short Equity Multi-Style Multi-Style Long Biased Equity Long/Short Equity Fixed Income Long Biased Equity Equity Fundamental Market Neutral CTA/Managed Futures Long/Short Equity Long/Short Equity Capital Structure/Credit Arbitrage Equity Fundamental Market Neutral Equity Fundamental Market Neutral Multi-Style Multi-Style Multi-Style CTA/Managed Futures Fixed Income Arbitrage Macro Long/Short Equity Macro Multi-Style Long/Short Equity Macro Merger Arbitrage Long/Short Equity CTA/Managed Futures CTA/Managed Futures Long/Short Equity Long/Short Equity Long/Short Equity Multi-Style Multi-Style Multi-Style Fixed Income Long/Short Equity Capital Structure/Credit Arbitrage Multi-Style Long/Short Equity Multi-Style CTA/Managed Futures Convertible Arbitrage Short Biased Equity Merger Arbitrage Distressed Securities Multi-Style Macro

ManagementCompany

TotAsset(M) FundType
75 Hedge Fund 1,465.00 Hedge Fund Hedge Fund 199.36 Hedge Fund 96.87 Hedge Fund 358.79 Hedge Fund 155.87 Hedge Fund 113 Hedge Fund 102.22 Hedge Fund 25.57 Hedge Fund Hedge Fund 31.1 Hedge Fund 1,185.44 Hedge Fund 109 Hedge Fund 25 Hedge Fund 73 Hedge Fund 10.55 Hedge Fund 6.26 Hedge Fund 32.3 Hedge Fund 45 Hedge Fund Hedge Fund 58.78 Hedge Fund Hedge Fund 17 Hedge Fund 62.9 Hedge Fund 2,000.00 Hedge Fund Hedge Fund 43.71 Hedge Fund 17.75 Hedge Fund 2.93 Hedge Fund Hedge Fund 17.11 Hedge Fund 13.78 Hedge Fund 200 Hedge Fund 485.94 Hedge Fund 13.51 Hedge Fund Hedge Fund 82.9 Hedge Fund 14 Hedge Fund 519.28 Hedge Fund 5.58 Hedge Fund 7.11 Hedge Fund 385.96 Hedge Fund 211.25 Hedge Fund 2.2 Hedge Fund 45 Hedge Fund 11 Hedge Fund 148 Hedge Fund 60.07 Hedge Fund 12.1 Hedge Fund 9,898.00 Hedge Fund 4.4 Hedge Fund 328 Hedge Fund 24.1 Hedge Fund 14.95 Hedge Fund Hedge Fund Hedge Fund 11.6 Hedge Fund 3.33 Hedge Fund 44 Hedge Fund 65.37 Hedge Fund 29 Hedge Fund Hedge Fund

Manager
PAUL J GLAZER N.A. GEORGE ROBINSON LUCA ALBERTINI MARTIN JONES STEVEN A HEINZ STEVEN A HEINZ STEPHEN HOPE ARDRA BELITZ CARTER DUNLAP YI-QIANG YUAN HEIKO VAN WYNGAARDEN NIKLAUS HILTI STEPHEN HOPE N.A. CHRISTOPHER J GALVIN STEPHAN WONG N.A. CHRISTOPHER KYRIOPOULOS BERNARD LAMBILLIOTTE HERMAN GOIHMAN CHARLES DE VAULX RODERICK REHNBORG GERD HENNING BECK DAVE MASTRAN HIDEKI WAKABAYASHI PATRICK FENAL N.A. N.A. N.A. N.A. N.A. PHILIPPE VAN DEN ABEELE JEREMY CORN STEFAN A MUEHLEMANN N.A. CARL ANDEREN AUDREY LO STEVEN A J SALAMON ROBERT M CORCORAN ROBERT HARDMEIER N.A. N.A. N.A. N.A. DAVID HERNE WYN HUYNH BRETT ROBERTSON ROBERT C KNAPP N.A. N.A. JAMES O'MEALIA CHRISTOPHER LEE MARK NORDLICHT CHRISTINE YOUNGBLOOD N.A. N.A. KAREN HESTON N.A. NANCY ELIZABETH HAVENS-HASTY MARTIN JONES N.A. PATRICK BEAUDAN

Glazer Capital LLC Kondor Administradora e Gestora de Recurso Sloane Robinson LLP N.A. Leadenhall Capital Partners LLP/United Kingd Coriolis Capital Ltd Lansdowne Partners LP Lansdowne Partners LP Outrider Management LLC Lazard Asset Management LLC Dunlap Equity Management LLC Gemini Asset Management Ltd/Bermuda N.A. Optis Asset Management Ltd Credit Suisse AG Outrider Management LLC Odyssea Asset Management Ltd Westerly Capital Management LLC CMS Asset Management HK Co Ltd/Hong Ko Gems Management Ltd COMPOUND Capital Management LLC Ecofin Ltd Interbolsa Advisory Services LLC N.A. International Value Advisers LLC Marshall Wace GaveKal Asia Ltd N.A. Lupus alpha Asset Management AG New Paradigm Capital Management LLC N.I.S. New Investment Solutions AG Unigestion Guernsey Ltd N.A. Value Partners Ltd/British Virgin Islands Pegasus Asset Management Ltd Regent Fund Management Ltd/St Vincent Fortitude Capital Pty Ltd/Australia N.A. Linkbay Ltd Castalia Fund Management UK Ltd/United Kin Sanctum FI LLP LGT Investment Partners Ltd/Switzerland Goldman Sachs Asset Management Internatio Northern Light Management AB/Sweden N.A. ALPS Asset Management Ltd/Hong Kong Rosalind Advisors Inc Nikko Asset Management Americas Inc Arvernus Capital AG/Switzerland EI Sturdza Strategic Management Ltd Transtrend BV Transtrend BV Colonial First State Investments Ltd/Australia Specialised Research and Investment Ltd/Cay Hillsdale Investment Management Inc Robertson Opportunity Capital LLC Africa Opportunities Partners Ltd Rivoli Fund Management/France Bluecrest Capital Management UK LLP Sunnymeath Asset Management Inc Silver Lake Financial Management Co LLC/U Platinum Management NY LLC Seedling Capital LLC Polaris Securities/Hong Kong N.A. Arcoiris Investment Management Ltd N.A. Sage Capital Management LLC/NY Calibre Investments Pty Ltd Havens Partners LP Coriolis Capital Ltd/United Kingdom Fischer & Co LP/USA Belvedere Advisors LLC N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 1505 1506 1507 1508 1509 1510 1511 1512

Ticker
ALSTGBON KY HFTCNFA KY NUMABRE VI CONDIVU VI LIMJAPA KY UBMEOAU KY FRIASAL KY CDFGIC2 LX QUANTCA US WEINTRF KY PREMCAF NT GAPCLSA KY CALVOMC KY FORTCAP US SCOCSTI KY WHASOPC KY LHASTRF KY FBDREOI KY ARQCALA KY BRYNMAW US ALINALT AV BOXCARC US INCOMMB KY ELMEQST KY EXSCPSP KY ABRAXLS JY AAAGLBA FP DCTPROG US PRMNSLI VI AURUMMC BH RCMHCAP US THAVSSF US HFREDSS BH ETCSTAN US MANARST BH BEAMBFX US CCIOIGF KY PIVOGVA KY SCOCSOI KY PLPLIOI KY MADSETA BH MADSETB BH TUNGLSS GR AMPPCYA LX SPXOALS KY CAZEAAA KY SONGHOI VI PRMILSD GU EXVAUBN FP QUQEQMN US ALSTBYEN KY SCOVSCI US EDRDLBU VI OSMOBOP VI DYNALPHA CN OPENFLD US CLOALLS JY STREOPP VI VISINLP US LSCINVA VI TRIEUIN KY WEDQUAN US MERCSFT AU

Name
PERMAL GLOBAL BOND STRAT F $ HFT CHINA NEW FRONT N-US F-A NUMERIC ABSOLUTE RETURN OFF CONSTANTIA DIVERSITY FD-USD LIM JAPAN FUND-JPY UBS MM ALT FND ENH OPP-A USD FRIEDBERG ASSET ALLOCATION AMUNDI-DYNARB FOREX GBP-I2C QUAN TECHNOLOGY FUND LP-A WESTERN INV TOT RET FUND LTD PREMIUM CAPITAL APPRECIATION GAP INTERNATIONAL INV FUND A CALVO MULTI CURRENCY BOND FORTUNO CAPITAL FUND LP SCOTTS COVE SP CREDIT OFF II WHITEBOX ASYMMETRIC OPP LTD LH ASIAN TRADE FINANCE FUND FIREBIRD REPUBLICS FUND-A ARQAAM CAPITAL ALPHA F LTD-A BRYN MAWR CAPITAL LP ALLIANZ INVEST ALTERNATIV-A BOXCAR COMMODITIES LP COMMCENTIVE SEGREGATED POR-B ELMORE AMSA-ASIAN EQ STRAT EXS CASH PLUS SEGREGAT PORT ABRAXAS FUND LTD-S1 ABSOLUTE GLOBAL ALTERNATIVE DISCRETIONARY COMM TRDG PROG PERMAL US OPPORTUNITIES-A AURUM MACRO FUND LTD RCM HEALTH CARE ALPHA US LP THIRD AVENUE SPECIAL SITS LP HFR-SPECIAL SITUATIONS TRCKR ETC-STANDARD MAN ARBITRAGE STRATEGIES-USD BEAM-BOND&FX PROGRAM-PROP CCIB OPPORTUNITY INCOME GROW PIVOT GLOBAL VALUE FUND-CL A SCOTTS COVE SP CREDIT OFF I PLATINUM PART LIQ OPP FD INT MAN AHL DIV STRAT EUR-TRAN A MAN AHL DIV STRAT EUR-TRAN B 3.14 TUNGSTEN LONG SHORT STR AMP-PINEBANK ADVANTAG FD-YA$ SPARX ONEASIA LONG SHORT FD CAZENOVE EURO ALPHA ABS-A SONIC GLB HEALTH OFFSH LTD LGT GUE ILS PLUS FUND-USD B EXANE VAUBAN FUND QUANTZ QUARK EQTY MKT NEUT PERMAL GLOBAL BOND STRAT F SCOTT'S COVE SPECIAL CR I LP EDEN ROCK DIRECT LENDING-B$ OSMOSE BONDS PORTFOLIO-A DYNAMIC ALPHA PERFORMANCE-A OPEN FIELD INVESTORS LP KLEINWORT BENSON-ALL WEA GBP STELLA CAP REAL ESTATE OPPOR VISIUM INSTITUTIONAL PART LP LSC INVESTMENT FUND LTD - A TRINOVA EUROPE INVEST FD SP WEDBUSH QUANT STRATEGIES I MERRICKS CAPITAL SOFT COMMOD

TotRet1Y
4.3 4.29 4.28 4.28 4.27 4.27 4.26 4.26 4.26 4.25 4.24 4.24 4.23 4.24 4.23 4.22 4.18 4.17 4.17 4.14 4.14 4.14 4.13 4.13 4.11 4.12 4.12 4.11 4.1 4.1 4.1 4.09 4.09 4.08 4.07 4.07 4.07 4.06 4.03 4.03 4.02 4.02 4.02 4.02 3.99 3.99 3.97 3.96 3.96 3.95 3.94 3.93 3.93 3.92 3.91 3.91 3.9 3.9 3.9 3.9 3.89 3.89 3.89

ManagementStyle
Fixed Income Long/Short Equity Long/Short Equity Multi-Style Multi-Style Multi-Style Multi-Style CTA/Managed Futures Equity Fundamental Market Neutral Multi-Style Fixed Income Multi-Style Fixed Income Long/Short Equity Distressed Securities Distressed Securities Multi-Style Emerging Market Equity (Alternative funds) Long/Short Equity Equity Fundamental Market Neutral Multi-Style Macro CTA/Managed Futures Long/Short Equity Fixed Income Macro Macro CTA/Managed Futures Long/Short Equity Macro Equity Fundamental Market Neutral Distressed Securities Distressed Securities CTA/Managed Futures Multi-Style CTA/Managed Futures Multi-Style Macro Distressed Securities Multi-Style Multi-Style Multi-Style Long/Short Equity Distressed Securities Equity Fundamental Market Neutral Long/Short Equity Long Biased Equity Multi-Style Long/Short Equity Long/Short Equity Fixed Income Distressed Securities Multi-Style Fixed Income Long/Short Equity Long/Short Equity Multi-Style Distressed Securities Long/Short Equity CTA/Managed Futures Fixed Income Equity Statistical Arbitrage CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType

Manager

Parcadia Asset Management SA Hedge Fund N.A. N.A. Hedge Fund WANG XIN HFT Investment Management HK Ltd/Hong K N.A. Numeric Investors LP 103.15 Hedge Fund GREG BOND Maitland Management Services Ltd/IOM Hedge Fund ERIC PFAFF N.A. LIM Advisors Ltd/Hong Kong 149.7 Hedge Fund N.A. UBS AG Hedge Fund N.A. N.A. FCMI Financial Services Cayman Ltd 104.92 Hedge Fund ALBERT D FRIEDBERG Amundi Luxembourg SA 21.15 Hedge Fund JAMES KWOK Quan Management LLC 0.56 Hedge Fund ED SCHNEIDER Western Investment LLC 6.7 Hedge Fund ARTHUR D LIPSON ART Premium Capital Investment Advisors Ltd 174.66 Hedge Fund RACHID MALUF GAP Advisors Cayman Ltd 66.77 Hedge Fund N.A. Calvo Funds LLC 28.08 Hedge Fund ALEX CALVO Thermopolis Partners LLC 11 Hedge Fund PHILIP TREICK Scott's Cove Management LLC 63 Hedge Fund PHILLIP S SCHAEFFER Whitebox Advisors LLC 19.18 Hedge Fund PAUL TWITCHELL EuroFin Investments Pte Ltd 105 Hedge Fund N.A. Firebird Management LLC 176.51 Hedge Fund IAN C HAGUE Arqaam Capital Ltd 52 Hedge Fund AMIN EL-KHOLY Bryn Mawr Capital Management Inc 118.05 Hedge Fund KENNETH BENJAMIN GRAY JR Allianz Invest KAGmbH/Austria 34.7 Hedge Fund N.A. Boxcar Capital Management LLC Hedge Fund MELANIE BIALIS N.A. InCentive Asset Management Ltd 191.11 Hedge Fund RENE BRAGINSKY Elmore Capital Ltd Hedge Fund CHRIS NI N.A. Eurogestion & Partners Ltd 50.24 Hedge Fund N.A. Abraxas Capital Management Ltd 17.88 Hedge Fund FABIO FRONTINI Neuflize OBC Investissement 10.78 Hedge Fund N.A. Haar Capital Management LLC 116.22 Hedge Fund STANLEY HAAR Permal Asset Management Inc 175 Hedge Fund SANDY COLEN Aurum Fund Management Ltd 18.16 Hedge Fund N.A. RCM CAPITAL MGMT LLC 4.7 Hedge Fund PAUL WAGNER Third Avenue Management LLC 112.6 Hedge Fund MICHAEL A FINEMAN HFR Asset Management LLC Hedge Fund N.A. N.A. Eckhardt Trading Co 393.8 Hedge Fund WILLIAM ECKHARDT Man Investments Ltd 28.88 Hedge Fund N.A. Bayesian Efficient Asset Management LLC 9.3 Hedge Fund JOSE MARIO QUINTANA CCIB Asset Management Cayman Ltd Hedge Fund LAU CHI YIU N.A. Pivot Capital Management Ltd 1,800.00 Hedge Fund CARL GEORGE Scott's Cove Management LLC 63 Hedge Fund PHILLIP S SCHAEFFER Platinum Management NY LLC 24.1 Hedge Fund MARK NORDLICHT Man Investments Ltd 110.87 Hedge Fund N.A. Man Investments Ltd 110.87 Hedge Fund TIMOTHY WONG TIM SEB Master KAG mbh/Germany 26.21 Hedge Fund N.A. Lombard Odier Funds Europe SA 13.97 Hedge Fund N.A. SPARX Asia Capital Management Ltd 10.7 Hedge Fund SHUHEI ABE Cazenove Capital Management Ltd 73.8 Hedge Fund LIONEL RAYON Fransad Advisory Services Inc 0.91 Hedge Fund N.A. Clariden Leu AG 721.46 Hedge Fund MICHAEL STAHEL Exane Asset Management/France 132.93 Hedge Fund LAURENT RUNACHER QuantZ Capital Management LLC Hedge Fund MILIND SHARMA N.A. Parcadia Asset Management SA Hedge Fund N.A. N.A. Scott's Cove Management LLC 3 Hedge Fund PHILLIP S SCHAEFFER Hedge Fund N.A. Eden Rock Capital Management LLP/United K N.A. Osmose Management Ltd/British Virgin Island 20.76 Hedge Fund N.A. Goodman & Co Investment Counsel 429.41 Hedge Fund NOAH BLACKSTEIN Open Field Capital LLC Hedge Fund N.A. N.A. Kleinwort Benson Asset Managers/Jersey 40.29 Hedge Fund JOHN MARSHALL Stella Capital LLC 10.09 Hedge Fund MARK STEVENS Visium Asset Management LP 2.4 Hedge Fund N.A. LSC Asset Management Ltd Hedge Fund N.A. N.A. Trinova Invest AG 7.58 Hedge Fund THOMAS PFEFFERLE Wedbush Equity Management LLC Hedge Fund VICTOR F LEONG N.A. Merricks Capital Pty Ltd Hedge Fund MATTHEW STARICK N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 1535 1536 1537 1538 1539 1540 1541 1542 1543 1544 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 1563 1564 1565 1566 1567 1568 1569 1570 1571 1572 1573 1574 1575

Ticker
CQSASIA KY CAMGAFA BM ROSOFFS KY DEXLSCC FP ARLOPPI US ROYPART US PHADIVA IO MLISTH1 LX HAVININ BH PEPINFE KY TANQUET KY SYOSMET EK LGTAXBA ID HEARDOP US ERMSLZI BH AAMCVAE FP NORSMCP KY EMMENAA BH INTPLUS US ASIGLRV US GMOGLTB AU BASGTII KY PKJPNAU KY MNJAPAR KY HILLCAG CN PARICUR US GUILDIM US PHINVOY US ETCSTPL US IFMTLRU BM RMMSPCC KY OPAUSAB AU PEGFNDU BH INTERAM KY OMNIUSD LX CGUTUSD BA TURGFIN US XIPHIXC LX ACKASPA US JYINHEV DC WAYPDFP US INNCSMN MV PEGAUSD VI BAG0908 KY DHARMAA TL GREASIA VI PROCONS KY INGTAIT KY FINSVDB KY CROPART US ARLQCAU LX MAXIMUP US MWJDA2U ID NUMSTAL VI NEXTLEU KY MBALATO KY REPLE10 FP FORTALP US NARISKA KY OVINGTN KY WARAINC CN OPFLIKY KY THAVEMF US

Name
CQS ASIA FEEDER FUND THE CAMPBELL GLOBAL ASSETS-A ROSALIND OFFSHORE FUND LTD DEXIA LONG SHORT CREDIT ARLON OPPORTUNITIES INVEST ROYCE PARTNERS FUND LP PHAROS DIVERSIFIED ALPHA PLC MLIS THEOREMA EURO EQ LS-BA HAVENS INTL INVESTOR LTD THE PEPIN FUND LIMITED - EUR TANAGER SPC-QUETZAL SEG P-C SYOS METALS FUND CAU-A GENERIX BALANCED-A$ HEARD OPPORTUNITY FUND LLC ERMITAGE SELZ FUND-$ ACROPOLE-CONVERTIBLES ARB- NEBULAE CANADIAN SMALL CAP EMP-MENA ALCHEMY FUND LTD INTRINSIC EDGE PLUS LP ASI GLOBAL RELATIVE VALUE LP GMO IT-SYSTEM GLB MAC TRST-B BAS GAIN TRD II PR ST0903-AU PK JAPAN-A USD MNJ ASIA PACIFIC ABS RET FND HILLSDALE CN LONG/SHORT-A PARIZEK CAPITAL INC-CURRENCY GUILD-INCOME INVESTMENT MGMT PHINEUS VOYAGER LP ETC-STANDARD PLUS IFM FUND LTD-TOTAL RETURN-$ ROBECO MULTI MARKET SPC-C OPTIMAL AUSTRALIA ABSOLUTE THE PEGASUS FUND-A USD INTERAMERICAN FIXED INCOME TRANSTREND FUND-OMNI US-$ CONCORDE GLOBAL UNIT TRT USD TURNER GLOBAL FINAN SERV LP HDF XIPHIAS-XC ACK ASSET PARTNERS LP JYSKE INVEST HEDGE VALUTA WAYPOINT CAPITAL - DIV FUT P INNOCAP CEDAR STREET MKT NEU PEGASUS NORTH AMERICA LTD-A BAS GAIN TRD II PR ST0908-AU DHARMA-A-DHARMA DIVERSIFIED GREYHOUND ASIA FUND LTD-A PRODIGY FUND - CONVERTIBLE-A INFINITE GLORY-SPC TAITECH FINISTERRE SOV DEBT MASTER-B CROSSLINK PARTNERS LP ARECA SICAV SIF-LIQ CORE-A$ MD SASS MAXIMUS PARTNER LP-A MWG JAPAN GEKIRIN FUND-A USD NUMERIC STRATEGIC ALPHA LP NEXTAM FUND LIMITED-EURO MBA LATIN AMERICA OPPORT-A LBPAM ALTERNA 10 E FORTALEZA FUND LP NATURAL RISK FUND LTD-A OVINGTON FUND LTD WARATAH INCOME FUND TRUST OPEN FIELD INVESTORS CAYMAN THIRD AVENUE EMERGING MKTS

TotRet1Y
3.88 3.87 3.86 3.83 3.83 3.83 3.82 3.82 3.82 3.78 3.78 3.77 3.76 3.75 3.74 3.74 3.72 3.69 3.68 3.68 3.67 3.67 3.66 3.66 3.66 3.66 3.65 3.64 3.63 3.63 3.63 3.61 3.6 3.6 3.58 3.57 3.57 3.55 3.54 3.54 3.54 3.53 3.52 3.5 3.5 3.5 3.5 3.49 3.48 3.47 3.47 3.44 3.43 3.41 3.4 3.39 3.39 3.39 3.39 3.35 3.35 3.35 3.34

ManagementStyle
Multi-Style Multi-Style Long/Short Equity Fixed Income Long/Short Equity Long/Short Equity Multi-Style Long/Short Equity Merger Arbitrage Long/Short Equity Macro Macro Multi-Style Long/Short Equity Long/Short Equity Convertible Arbitrage Long Biased Equity Long Biased Equity Long/Short Equity Fixed Income Arbitrage Macro CTA/Managed Futures Multi-Style Multi-Style Long/Short Equity CTA/Managed Futures Macro Equity Fundamental Market Neutral CTA/Managed Futures Multi-Style Macro Long/Short Equity Long/Short Equity Fixed Income CTA/Managed Futures Multi-Style Long/Short Equity Multi-Style Long Biased Equity Multi-Style CTA/Managed Futures Equity Fundamental Market Neutral Equity Fundamental Market Neutral CTA/Managed Futures Macro Long Biased Equity Convertible Arbitrage Multi-Style Emerging Market Debt Long/Short Equity Multi-Style Long/Short Equity Macro Long/Short Equity Long/Short Equity Multi-Style Fixed Income Multi-Style Asset-Backed Securities Fixed Income Arbitrage Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds)

ManagementCompany

TotAsset(M) FundType
74 11.95 14 321.66 75.8 25.3 2.5 64.9 23 45.95 1.13 3.02 31.48 149.33 17.96 24.47 4.85 241 62.81 426.05 40.4 135.35 54.62 52 0.3 45.92 125.66 159.5 23.65 137 179.42 45.4 917.84 0.57 14.11 133.81 170 32.26 27.16 9.86 42.12 9.12 6.3 1 2.56 789.69 73 8.56 97.48 92.48 5.97 29.6 25.3 22 82 26 Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
N.A. BILL CLARKE STEVEN A J SALAMON PATRICK ZEENNI ARI GENDASON CHARLES M ROYCE N.A. GIOVANNI GOVI NANCY ELIZABETH HAVENS-HASTY OLIVER KELTON EDUARD SELIGMAN-SCHUERCH N.A. STEFAN A MUEHLEMANN WILLIAM HEARD N.A. EMMANUEL MARTIN ALEXANDER M SASSO ALEX KHALED ABDEL MAJEED MARK COE DAVID N STEDMAN JASON HALLIWELL N.A. PAUL S KIRKBY MICHAEL HENDERSON TONY BATEK SCOT LOWRY ANTHONY DANAHER MICHAEL GRANT WILLIAM ECKHARDT N.A. N.A. GEORGE COLMAN DAVID YARROW DIEGO ARAMBURU N.A. N.A. DAVID HONOLD N.A. RICHARD MEISENBERG RONNI CHRISTENSEN ROBERT CALABRETTA N.A. N.A. N.A. PHILIPPE MANET N.A. N.A. KAI TAN XAVIER CORIN-MICK THOMAS EDWARD BLISKA TOM N.A. ROBERT S LITTELL RODERICK REHNBORG GREG BOND N.A. ANDRES A PITCHON ERON ANGJELE N.A. N.A. CURTIS ADAMS BRAD DUNKLEY N.A. AMIT WADHWANEY

CQS Cayman LP Campbell & Co Inc Rosalind Advisors Inc Dexia Asset Management Arlon Group LLC Royce Management Co LLC Byron Capital Partners Cyprus Ltd Theorema Asset Management Ltd Havens Advisors LLC JO Hambro Investment Management Ltd Tanager Asset Management Syos Asset Management Ltd LGT Investment Partners Ltd/Switzerland Heard Capital LLC N.A. Ermitage Management Bermuda Ltd Acropole AM/France Hesperian Capital Management Ltd Emerging Asset Management Ltd Coe Capital Management LLC Assiduous Strategic Investments LLC GMO Australia Ltd GAM Structured Investments Ltd PK Investment Management LLP MNJ Capital Management Pte Ltd Hillsdale Investment Management Inc Parizek Capital Inc Guild Investment Management Inc Phineus Partners LP Eckhardt Trading Co International Futures Management Ltd Robeco Institutional Asset Management BV N.A. Optimal Fund Management Pty Ltd Clareville Capital Partners LLP Interamerican Advisors Inc Transtrend BV Calypso Asset Management SA Turner Investments LP HDF Finance SA ACK Asset Management LLC Hedgeforeningen Jyske Invest/Denmark Waypoint Capital Managment LLC Innocap Global Investment Management Ltd N.A. Pegasus Asset Management Ltd GAM Sterling Management Ltd/United Kingdo Artha Finance SA Greyhound Capital Inc Prodigy Asset Management Cayman Co Infinity Capital Co Ltd Finisterre Capital LLP Ten Mile Management LLC Ayaltis AG MD Sass Investors Services Inc Marshall Wace GaveKal Asia Ltd N.A. Numeric Investors LP NextAM Partners Ltd MBA Banco de Inversiones SA La Banque Postale SA Fortaleza Capital LLC/USA Acheron Capital Ltd N.A. Ovington Capital Management LLP Waratah Capital Advisors Ltd Open Field Capital LLC N.A. Third Avenue Management LLC N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1586 1587 1588 1589 1590 1591 1592 1593 1594 1595 1596 1597 1598 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 1623 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638

Ticker
OMGSAUS KY WOLCONI VI BARYONG EK AZUMALP US GAMTFFI VI SILHARA CN CCMTORI US CIELEUR MV VALMAC SM EXAMERC LX SPRABRA CN NORPAWF KY BPMS2XL SS CSSMCOP GU AXBALGF KY ECKFUTU US ARXBRFU KY MOM2008 CU ASCDPLP US MTRENDA LX GLGECRA KY NUMMSLO VI ECKFUTC KY ZAHECON KY DEMEMKA VI KESFLES LX SECPOAU ID MNAHLEH KY QUANTEQ US QVPROBE LX BASHDVU KY AVIVGBP GU SEABRLS US ABAFINE KY CENTHDG VI JBCEMHD KY IFMTLRE BM CHARLEE KY HFROGLT BH MLISAQ1 LX TELEILP US KESTEF2 LX JP2CEDE KY VOLKP6A AV WEINHEP US SHADRAC US KDCALSE US PEREOAH VI SAF8SAM SP MOM3ECL CU CADYFOR FP KBDCPUA US SNDASII US GLMERAR US INTEDGE US QUEBZFI BM CSIEMJA GU LMEARIE LX CONCORF BH OLYMERI KY MOMIPL4 CU REYABSR KY CADDISA KY

Name
OLD MUTUAL GBL STAT ARB-USD WOLF GROUP LTD-CONSERV WOLF BARYON MOMENTUM GLOBAL FUND AZUMA LP GAM TFF INC SILVERCOVE HARD ASSET LP-A CCMT-ORIGINAL PROGRAM CIEL-EUROPEAN SICAV PLC ADRIZA MACRO FIL EXANE MERCURY FUND SPROTT ABSOLUTE RETURN INC-A NORTHWEST WARRANT FUND-A$ BRUMMER MULTI-STRATEGY 2XL MAN INV-CS SM & MD OPP-EUR AXIOM ABSOLUTE GROWTH FUND ECKHARDT FUTURES LP ARX BRAZIL FND - MULTI STRAT MAN OM-IP 220 2008 LTD ASCEND PARTNERS I LP TRANSTREND FUND-MULTI-A GLG EMERGING MKT CREDIT OP-A NUMERIC MULTI-STRAT LEV OFF ECKHARDT FUTURES CAYMAN LTD ZAZOVE HEDGED CONVERTIBLE-A DEMETER EMERGING MRKTS LTD-A KESTEGO SICAV SIF-FLESSIBILE SECTOR POLARIS-A$ MAN AHL ENHANCED STRATEGIES$ QUANTSOFT EQUITY FUND LP QUAESTA CAPITAL V-PRO-B EUR BASEL HOLDING DISTRES VL-NI$ AVIVA-FIXED INC MACRO--ACC SEABREEZE PART LONG/SHORT ABACO FINANCIALS FUND LTD- DREXEL HAMILTON-CENT US L/S GAM EMERGING MRKT RATES HD-$ IFM FUND LTD-TOTAL RETURN- THE CHARLEMAGNE FUND LTD EUR HFRX OFFSHORE GL TRA USD-B MLIS-AQR GLOB RELAT VL UC-B TELEMETRY FUND I LP KESTEGO SICAV SIF FLEX 2 JP SPC 2-CEDAR DEFENSIVE VOLKSBANK PORTFOLIO 6 A WESTERN INVEST HEDGED PART SHADRACH PROGRAM KDC ALPHA SECURITIES FUND LP PERMAL EUROPE OPPORTUN-AH$ SINGULAR ASIA FUND MAN OM-IP 3ECLIPSE FUND AMUNDI DYNARBITRAGE FOREX-I KBD CAPITAL PARTNERS LP-A SANDLER ASSOCIATES II LP GARDNER LEWIS MERGER ARB II INTRINSIC EDGE PARTNERS LP QUELUZ BRAZIL FUNDS LTD- FXI CS IRIS EXCESS MORTALITY FD LYXOR MERGER ARB INDEX FD-I CONCORDIA GLB REL VAL FD-LTD THE MERGER FUND LTD MAN SERIES 4 OM-IP 220 LTD REYL CAYMAN MULTI STRAT-A THE CADDIS FUND-A

TotRet1Y
3.33 3.31 3.32 3.31 3.3 3.3 3.29 3.23 3.19 3.18 3.18 3.13 3.11 3.11 3.11 3.1 3.1 3.09 3.06 3.06 3.06 3.05 3.03 3.01 3.01 3.01 3.01 3 2.98 2.95 2.95 2.94 2.93 2.92 2.91 2.89 2.87 2.87 2.84 2.83 2.82 2.82 2.82 2.8 2.8 2.8 2.79 2.79 2.78 2.76 2.76 2.75 2.75 2.74 2.72 2.72 2.71 2.71 2.7 2.7 2.69 2.68 2.68

ManagementStyle
Equity Statistical Arbitrage Fixed Income Arbitrage CTA/Managed Futures Equity Statistical Arbitrage Macro Long/Short Equity CTA/Managed Futures Equity Fundamental Market Neutral Macro Long/Short Equity Fixed Income Arbitrage Long Biased Equity Multi-Style Long/Short Equity Long/Short Equity CTA/Managed Futures Multi-Style CTA/Managed Futures Long/Short Equity CTA/Managed Futures Emerging Market Debt Multi-Style CTA/Managed Futures Long Biased Equity Emerging Market Equity (Alternative funds) Multi-Style Multi-Style Multi-Style Equity Statistical Arbitrage CTA/Managed Futures Distressed Securities Fixed Income Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Macro Multi-Style Long Biased Equity Multi-Style Multi-Style Multi-Style Macro Multi-Style Macro Multi-Style CTA/Managed Futures Fixed Income Long/Short Equity Long Biased Equity CTA/Managed Futures Multi-Style Macro Long/Short Equity Merger Arbitrage Long/Short Equity Emerging Market Debt Multi-Style Merger Arbitrage Equity Fundamental Market Neutral Merger Arbitrage Macro Long/Short Equity Emerging Market Equity (Alternative funds)

ManagementCompany

TotAsset(M) FundType

Manager

Old Mutual Asset Managers UK Ltd 116.52 Hedge Fund JOHN DOW Zarattini & Co SA 16.42 Hedge Fund N.A. Amaryllis Asset Management Ltd 3.61 Hedge Fund N.A. Bedrock Capital Management LLC 1.3 Hedge Fund DAVID A KITE GAM UK Ltd 104.48 Hedge Fund N.A. Silvercove Fund Management Ltd 22.2 Hedge Fund N.A. Covenant Capital Management LLC 51 Hedge Fund SCOT BILLINGTON CieL European SICAV PLC Hedge Fund NIKOS CHLOROS N.A. Tressis Gestion SGIIC SA/Spain 2.27 Hedge Fund JAVIER MUNOZ ORTEGA Exane Asset Management/France 74.44 Hedge Fund N.A. Sprott Asset Management LP/Canada 40.37 Hedge Fund SCOTT COLBOURNE Northwest Investment Management Ltd/Hong 12.47 Hedge Fund DAVID ROGERS Brummer & Partners Kapitalforvaltning AB 5,168.00 Hedge Fund PATRIK BRUMMER Credit Suisse AG 110.13 Hedge Fund FELIX MEIER Axiom Investment Management Ltd 13.8 Hedge Fund MICHEL LAHAIE Eckhardt Trading Co 202.8 Hedge Fund WILLIAM ECKHARDT BNY Mellon ARX Investimentos Ltda 11.43 Hedge Fund N.A. Man Investments Ltd 50.27 Hedge Fund N.A. Ascend Capital LLC 94.62 Hedge Fund MALCOLM P FAIRBAIRN Transtrend BV 27.94 Hedge Fund N.A. GLG Partners Cayman Ltd Hedge Fund KARIM ABDEL-MOTAAL N.A. Numeric Investors LP 191.46 Hedge Fund GREG BOND Eckhardt Trading Co 80 Hedge Fund WILLIAM ECKHARDT Zazove Associates LLC 77.04 Hedge Fund RYAN CASAQUITE Octogone Gestion SA 8.66 Hedge Fund JOAKIM LEHMKUHL Kestego SARL Hedge Fund N.A. N.A. Sector Asset Management ASA Hedge Fund N.A. N.A. Man Investments Ltd Hedge Fund N.A. N.A. Quantsoft Advisers LLC 29 Hedge Fund N.A. Quaesta Capital Optivest AG 67.33 Hedge Fund HARALD HILD Basel Asset Management LLC 13.92 Hedge Fund ROLAND EBERHARD Aviva Investors Global Services Ltd 332.17 Hedge Fund SHAHID IKRAM Seabreeze Partners Management Inc 17.32 Hedge Fund DOUGLAS A KASS Abaco Asset Management LLP 359.3 Hedge Fund INIGO LECUBARRI Centre Asset Management LLC 11.1 Hedge Fund JAMES A ABATE GAM UK Ltd 31.44 Hedge Fund PAUL MCNAMARA International Futures Management Ltd 23.65 Hedge Fund N.A. SW Mitchell Capital LLP 4.42 Hedge Fund N.A. HFR Asset Management LLC Hedge Fund N.A. N.A. AQR Capital Management LLC 361.67 Hedge Fund N.A. Telemetry Investments LLC 71 Hedge Fund DANIEL SCHORR Kestego SARL 28.27 Hedge Fund N.A. EOS Investment Ltd 6.17 Hedge Fund N.A. Volksbank Invest KAGmbH/Austria 26.67 Hedge Fund N.A. Western Investment LLC 57.2 Hedge Fund ARTHUR D LIPSON ART NDX Capital Management 3.93 Hedge Fund PHIL HERBERT Kellner Management LP/USA 101.2 Hedge Fund RORY ZIRPOLO Hedge Fund TIMOTHY TACCHI Permal Investment Management Services LtdN.A. Singular Asset Management 36.51 Hedge Fund TEOH KOK LIN Man Investments Ltd 76.07 Hedge Fund N.A. Amundi SA 15.04 Hedge Fund N.A. Doherty Advisors LLC 347 Hedge Fund ROBERT DOHERTY Sandler Capital Management 13 Hedge Fund ANDREW M SANDLER Gardner Lewis Asset Management LP 29.07 Hedge Fund WHITFIELD GARDNER Coe Capital Management LLC 241 Hedge Fund MARK COE Queluz Asset Management Ltd 35.87 Hedge Fund ALEXANDRE BLAS Credit Suisse AG 1,347.98 Hedge Fund N.A. Lyxor Asset Management Luxembourg SA 13.44 Hedge Fund N.A. Concordia Advisors Bermuda Ltd 340 Hedge Fund N.A. Westchester Capital Management LLC 84.84 Hedge Fund ROY D BEHREN Man Investments Ltd 61.46 Hedge Fund N.A. Reyl Asset Management SA 129.33 Hedge Fund THOMAS DE SAINT-SEINE Beagle Partners LLP Hedge Fund DAVID MANUEL N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1639 1640 1641 1642 1643 1644 1645 1646 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1658 1659 1660 1661 1662 1663 1664 1665 1666 1667 1668 1669 1670 1671 1672 1673 1674 1675 1676 1677 1678 1679 1680 1681 1682 1683 1684 1685 1686 1687 1688 1689 1690 1691 1692 1693 1694 1695 1696 1697 1698 1699 1700 1701

Ticker
HFOGGBB BH BRZSPAL KY HELIUMF KY STESAIC LX G4LSEQU KY HFRRVMS BH PORIVCA KY DELACRX KY BLUCRES US MAHLAUD CU SANDLOS VI CRLMGLB US SEBHDFX SS ALTRUIA AV WERQEIC JY CHCIMPE KY LIEVINA BM UFGRDFU KY CAZUEAA KY ALINDCB KY MAALPAU AU HENEUAE KY DSHFGLD KY MIRUKHU KY LIMASFI VI PMMNCLA CN MBAMSII KY KKIENNE KY MSWPCGW KY ANNAPUR EK GLAZQLP US LHACTST KY COEQPAR US THRKINA KY QSPRTLP US CHARLEM KY FRMSFII US HTMS3C1 US SHORWTR KY CLVOARB US OMIPSS2 CU MUSKOKA US AQUINTI VI FGOFGCC KY GEMABCU KY FISHOFG KY LSPSIIE LX TARPLNG US LABINDX KY HIRSHCPE CN MOMPAUD CU SHWATER US WARAONE CN DUETGLO KY IFMTLRC BM HOLLCAP US LIBESFE BH TIEPPLP US FRCGLOP US OTTERLP US PRPOWIN US OTTERIN VI SEBALPH FH

Name
HFRX OFFSHORE GL TRA GBP-B BRZ FUND SPC-SEG PORT A-L HELIUM FUND LIMITED-A STRUCTURA-EQ STYLE ARB-IC CLARITAS G4 - L/S - MKT NEUT HFR-MULTI STRATEGY TRACKER POTOMAC RIVER CAPITAL FD LTD DELACROIX MANAGED CREDIT FD BLUE CRESCENT FUND LP MAN AHL DIVERSIFIED AUD LTD SANDLER OFFSHORE FUND INC-A CARILLIAM GLOBAL FUND LP SEB HEDGE FIXED INCOME ALTRUID A WERMUTH QUANT EAST EUR ST IC CHINA CAPITAL IMPETUS FUND-A LEVEL UP INVESTMENT LTD-A UFG RUSSIA DEBT FUND LTD-$ CAZENOVE UK EQUITY ABS RET-A ALCHEMY INDIA CB FUND-F MAN AHL ALPHA AUD HENDERSON EUROPEAN ABS RET DSAM KAUTHAR GOLD FD LTD MIR UK HEDGE FUND LTD-USD LIM ASIA MULTI-STRATEGY FD-A PICTON MAHONEY MKT NEUT EQ-A MBA MULTISTRATEGY INVEST-I SWAN ACTIVE CASH SUB-FUND-E MSW PACIFIC GROWTH-GROWTH $ TERRSOLITH-ANNAPURNA GLAZER QUALIFIED PARTNERS LP LADYHILL ACTIVE STRATEGIES COASTVIEW EQUITY PARTNERS LP THREE KINGDOMS KOREA FUND-A$ QTS PARTNERS LP THE CHARLEMAGNE FUND LTD USD FRONTIER MARKET SELECT II LP HATTERAS CORE ALT 3C1 FUND SHOREWATER-INTERNATIONAL CLINAMEN-VOLATILITY ARBITRAG MAN OM-IP STRATEGIC SER2 LTD MUSKOKA FUND I LP DEF ASSOCIATES LTD GLOBAL CONTRARIAN SP-CL C ALPHABETA FIXED INCOME SP-$ FISCHER OS FD LTD-GARRISON LYXOR SPECIAL SITUATION-I TARPON HG FUND LLC- A CS LIQ ALTER BETA INDEX FD-A BLUMONT HIRSCH PERFORMANCE MAN OM-IP 140 PLUS AUD LTD SHOREWATER LP WARATAH ONE TRUST DUET GLOBAL OPP FUND LTD-A$ IFM FUND LTD-TOTAL RETURN-S HOLLIS CAPITAL PARTNERS LP ERMITAGE SELZ FUND LTD- TIEDEMANN/PIKE PLACE PART LP FALL RIVER CAP-GL OPP PROG OTTER CREEK PARTNERS I LP PRAESIDIS POWER & INCOME FND OTTER-CREEK INTERNATION LTD SPECIALPLACE SEB RANTE ALPHA

TotRet1Y
2.68 2.67 2.66 2.64 2.64 2.64 2.63 2.63 2.62 2.61 2.61 2.61 2.61 2.61 2.6 2.6 2.58 2.57 2.56 2.56 2.56 2.55 2.55 2.55 2.54 2.54 2.52 2.52 2.51 2.53 2.51 2.51 2.51 2.5 2.5 2.5 2.49 2.47 2.47 2.47 2.45 2.45 2.43 2.43 2.42 2.42 2.41 2.4 2.4 2.4 2.39 2.39 2.38 2.38 2.37 2.37 2.36 2.36 2.36 2.35 2.34 2.33 2.32

ManagementStyle
Multi-Style Long/Short Equity Multi-Style Equity Fundamental Market Neutral Long/Short Equity Multi-Style Macro Fixed Income Multi-Style CTA/Managed Futures Long/Short Equity Long/Short Equity Fixed Income CTA/Managed Futures Long/Short Equity Equity Fundamental Market Neutral Macro Emerging Market Debt Long/Short Equity Fixed Income CTA/Managed Futures Long/Short Equity Long/Short Equity Long/Short Equity Multi-Style Equity Fundamental Market Neutral Multi-Style Fixed Income Long Biased Equity Long/Short Equity Merger Arbitrage Multi-Style Merger Arbitrage Long Biased Equity Equity Statistical Arbitrage Long Biased Equity Emerging Market Equity (Alternative funds) Macro Merger Arbitrage CTA/Managed Futures Macro Long/Short Equity Long/Short Equity CTA/Managed Futures Multi-Style Multi-Style Distressed Securities Long Biased Equity Macro Long/Short Equity Macro Merger Arbitrage Long/Short Equity Equity Fundamental Market Neutral Multi-Style Equity Fundamental Market Neutral Multi-Style Long/Short Equity CTA/Managed Futures Equity Fundamental Market Neutral Long/Short Equity Equity Fundamental Market Neutral Fixed Income

ManagementCompany

TotAsset(M) FundType

Manager

HFR Asset Management LLC Hedge Fund N.A. N.A. BRZ Asset Management Inc 2.5 Hedge Fund N.A. Helium Asset Management 24.45 Hedge Fund OLIVIER LEYMARIE Amundi Luxembourg SA 31.86 Hedge Fund DAVE BENICHOU Claritas Administracao de Recursos Ltda 6.99 Hedge Fund HELDER SOARES HFR Asset Management LLC Hedge Fund N.A. N.A. Potomac River Capital LLC 32 Hedge Fund MARK SPINDEL Fortis Investment Management/France 8.4 Hedge Fund N.A. Kingsland Capital Management LLC 12.7 Hedge Fund JOYCE DELUCCA Man Investments AG 237.17 Hedge Fund N.A. Sandler Capital Management 141 Hedge Fund ANDREW M SANDLER Carilliam Capital LLC 93 Hedge Fund GARY H DEAN SEB Investment Management AB/Sweden N.A. Hedge Fund N.A. Altruid Systems as Hedge Fund THOMAS GOLDVINGER N.A. Wermuth Asset Management GmbH 3.97 Hedge Fund SERGEY ILCHENKO China Asset Management Ltd Hedge Fund N.A. N.A. Innovatis Asset Management SA/Panama 2.52 Hedge Fund N.A. UFG Advisors Ltd 6.6 Hedge Fund FLORIAN FENNER Cazenove Fund Management Ltd 35.1 Hedge Fund STEVE CORDELL Alchemy Investment Management Pte Ltd 18.79 Hedge Fund SANJEEV MOHTA Man Investments Australia Ltd Hedge Fund N.A. N.A. Henderson Global Investors 57.1 Hedge Fund STEPHEN V PEAK Dubai Shariah Asset Management Ltd 41.01 Hedge Fund JOHN C HATHAWAY Mirabaud Investment Management Ltd 19.03 Hedge Fund JEREMY HEWLETT LIM Advisors Ltd/Hong Kong 1,244.20 Hedge Fund N.A. Picton Mahoney Asset Management 136.73 Hedge Fund DAVID PICTON MBA Lazard Banco de Inversiones SA 27.86 Hedge Fund ANDRES A PITCHON Swan Asset Management SA 9.27 Hedge Fund FABRIZIO BIONDO Delman SA 2.02 Hedge Fund MARC ROUGE TERRSOLITH Asset Management Ltd 1.78 Hedge Fund N.A. Glazer Capital LLC 88 Hedge Fund PAUL J GLAZER Hedge Fund N.A. Ladyhill Asset Management Inc/Cayman IslanN.A. KWK Management LLC 8.6 Hedge Fund JOHN C POLK FPP Asset Management LLP 4.68 Hedge Fund N.A. QTS Capital Management LLC 1.84 Hedge Fund N.A. SW Mitchell Capital LLP 0.06 Hedge Fund STUART MITCHELL Frontier Market Asset Management LLC 54.81 Hedge Fund LAWRENCE S SPEIDELL Hatteras Investment Partners LLC 15.69 Hedge Fund MARK W YUSKO Greenway Management LLC 7.8 Hedge Fund CHARLES MARAIS Clinamen Finacial Group LLC 0.44 Hedge Fund JARED WOODARD Man Investments Ltd 31.23 Hedge Fund N.A. Muskoka Capital Management LLC 5.48 Hedge Fund SCOTT NIRENBERSKI First Eagle Investment Management LLC 93 Hedge Fund HENRY H ARNHOLD Fort LP 13.69 Hedge Fund YVES BALCER Gems Management Ltd 8.26 Hedge Fund N.A. Fischer & Co LP/USA 7 Hedge Fund N.A. Lyxor Asset Management Luxembourg SA 8.35 Hedge Fund N.A. TIG Holding Ltd 709.5 Hedge Fund JOSE CARLOS REIS DE MAGALHAES Credit Suisse Asset Management LLC 135.9 Hedge Fund JORDAN DRACHMAN BluMont Capital Corp/Canada 32.39 Hedge Fund VERONIKA HIRSCH Man Investments Ltd 121.85 Hedge Fund N.A. Greenway Management LLC 3 Hedge Fund CHARLES MARAIS Waratah Capital Advisors Ltd 19.1 Hedge Fund BRAD DUNKLEY Duet Asset Management Ltd Hedge Fund JASON MCNAB N.A. International Futures Management Ltd 23.65 Hedge Fund N.A. Hollis Capital Management LLC Hedge Fund PAUL J SIEGEL N.A. Ermitage Asset Management Jersey Ltd 157.6 Hedge Fund BERNARD T SELZ TIG Advisors LLC 73.5 Hedge Fund ALAN WARE Fall River Capital LLC 38.71 Hedge Fund CHARLES F WRIGHT Otter Creek Management Inc 159.8 Hedge Fund R KEITH LONG Praesidis Asset Management LLC Hedge Fund KYLE D HENDERSON N.A. Otter Creek Management Inc 210.5 Hedge Fund R KEITH LONG SEB Gyllenberg Fondbolag AB/Finland 3,510.00 Hedge Fund STEFAN DABERIUS

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1702 1703 1704 1705 1706 1707 1708 1709 1710 1711 1712 1713 1714 1715 1716 1717 1718 1719 1720 1721 1722 1723 1724 1725 1726 1727 1728 1729 1730 1731 1732 1733 1734 1735 1736 1737 1738 1739 1740 1741 1742 1743 1744 1745 1746 1747 1748 1749 1750 1751 1752 1753 1754 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764

Ticker
MOMP130 CU AIAABRA VI RESUKEU ID TRIGFXP US SABSPSI US FORTCON US DSHFRMI KY CLOALLD JY FINMULA FP GLAZCAP US RHISFUS KY MLWMAR1 LX MNGMSPP KY FAOEAEA LX PAWRECO US ZEBGLAB BH COCAEMQ US MADIGAB GU MADIGAA GU PIOALLG LX EXINGUF FP SIRIUMB VI TURNGRI US CARIROY US BCMIDTP US CRMPART US TOCAMLP US CARROYA BH SQEBLOE KY JMKTOTRE CN ADRIGOH SS EDFCURI BH OBALTDV FP BBVAPRA SM HFOGCHB BH SPASJFA KY GOODWD2 KY RWCSAEU KY DEXGLAI FP ZEBGLAU US OPTJAPT AU SUMCORE US SPEKAIZ VI MANVIAU BH CHISQOA LX MADSUIA BH MADSUIB BH MIPGLOB CU ABRMERA KY MDLUCPB BH NMSMFIA KY VCMSYAB KY MVPPREE GU AKTAGMA SS IBSOPPO VI ALTRUIT KY ALTTRAN MV MOMIPS6 CU FXGMGFM US PMGLMKNE CN VICARCA KY MMULTST CU CONGFMF BH

Name
MAN OM-IP 130 PLUS LTD CONSTANZA ABSOLUTE RET FD-A IGNIS AL-UK CR EQ L/S-$ TRIGON FX PROGRAM SABAL SPECIAL SITUATIONS LP FORT GLOBAL CONTRARIAN PRG DSAM KAUTHAR GLB RES & MIN KLEINWORT BENSON-ALL WEA USD FINALTIS MULTISTRATEGIES-A GLAZER CAPITAL MANAGEMENT LP RHICON STRATEGIC FUND-USD MLIS-WESTCHESTER MERG ARB-B GLOBAL MLT-STRTGY PRNCPL II$ FAST-OPT MKT NEU-A--ACC PAW RETAIL & CONSUMER FND LP ZEBRA GL LIQ ARBIT FND LTD CONNECTIVE CAP EMERG QP LP MAN AHL DIVER GUERNSEY AUD-B MAN AHL DIVER GUERNSEY AUD-A PIONEER-MOMEN ALLWEATHER-USD EXANE GULLIVER FUND-I SIRIUM FUND-B-S TURNER GLOBAL RES&INFRAST LP CARITAS ROYALTY FUND LLC BRIARWOOD-DIVERS TRADING PRO CRM PARTNERS LP COGNIOS PURE ALPHA FUND LP CARITAS ROYALTIES FD BERMUDA SQUADRA EQ-BRAZIL LONG ONLY JEMEKK TOTAL RETURN FUND ADRIGO HEDGE MAN AHL CURRENCY FUND OBJECTIF ALTERNATIF DIVERSIF BBVA & PARTNERS RETORN ABS HFRX OFFSHORE GL TRA CHF-B SPARX SOL JAPAN FUND-A GOODWOOD FUND 2.0 LTD-CAD RWC SAMSARA FUND LP-A DEXIA GLOBAL ALPHA-I ZEBRA GL LIQ ARBIT FND LP OPTIMAL JAPAN TRUST SUMMIT CONSUMER RECEIVABLES MAGNUM SELECT-KAIZEN FD VAL MAN VISION LTD - TRANCH A$ QUAESTIO CHI SQUARE FD ONE-A MAN AHL DIV STRATEGIES USD-A MAN AHL DIV STRAT USD INC-B MAN-IP GLOBAL LTD AMAERUS-ABRAX MERGER ARBITRA MAN DIRECT-THE CAP PRO BND A NOMURA MAR SILVMN FX INC ARB VCM SYSTEM ALT BETA REPLICAT MVP PREMIUM EUR FUND AKTIE-ANSVAR GRAAL MARKNAD-A IBS OPPORTUNITY FUND LTD ALTRUID T-TRIAS INNOCAP MALTA TRANSTREND MAN SERIES 6 OM-IP 220 LTD FX CONCEPTS GB MAST II-GFM S PICTON MAHONEY GL MKT N EQ-A VICTORY ARCADIA FUND-A MAN OM-IP MULTISTRATEGY LTD FX CONCEPTS SAC LTD - GFM FD

TotRet1Y
2.32 2.32 2.31 2.29 2.28 2.22 2.21 2.21 2.19 2.18 2.16 2.15 2.14 2.13 2.13 2.11 2.1 2.09 2.09 2.08 2.07 2.06 2.05 2.02 2 2 2 2 2 1.99 1.97 1.97 1.96 1.96 1.96 1.95 1.95 1.95 1.94 1.93 1.93 1.92 1.91 1.9 1.9 1.87 1.87 1.87 1.86 1.86 1.86 1.86 1.85 1.84 1.84 1.84 1.83 1.81 1.81 1.79 1.79 1.78 1.78

ManagementStyle
Macro Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity CTA/Managed Futures Long/Short Equity Multi-Style Multi-Style Merger Arbitrage CTA/Managed Futures Merger Arbitrage Multi-Style Equity Fundamental Market Neutral Equity Fundamental Market Neutral Equity Statistical Arbitrage Equity Fundamental Market Neutral CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity Multi-Style Long/Short Equity Multi-Style CTA/Managed Futures Equity Fundamental Market Neutral Equity Fundamental Market Neutral Multi-Style Long Biased Equity Long/Short Equity Long Biased Equity CTA/Managed Futures Multi-Style Long/Short Equity Multi-Style Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Macro Equity Statistical Arbitrage Long/Short Equity Fixed Income Long/Short Equity Multi-Style Multi-Style Multi-Style Multi-Style CTA/Managed Futures Merger Arbitrage Fixed Income Fixed Income Arbitrage Multi-Style Fixed Income Arbitrage Long Biased Equity Distressed Securities CTA/Managed Futures CTA/Managed Futures Macro CTA/Managed Futures Equity Fundamental Market Neutral Macro Macro CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType

Manager

Man Investments Ltd 176.54 Hedge Fund N.A. Global Coaching BVI Ltd 5.26 Hedge Fund N.A. Cartesian Capital Partners LLP Hedge Fund ANDREW KELLY N.A. Trigon Investment Advisors LLC 121.81 Hedge Fund ANTE BASIC Sabal Capital Management LLC Hedge Fund WILLIAM CHARTERS N.A. Fort LP 309.03 Hedge Fund YVES BALCER Dubai Shariah Asset Management Ltd 36.28 Hedge Fund DANIEL J RICE III Kleinwort Benson Asset Managers/Jersey 5.15 Hedge Fund JOHN MARSHALL Finaltis SA 9.95 Hedge Fund CHRISTOPHE OLIVIER Glazer Capital LLC 28 Hedge Fund PAUL J GLAZER Rhicon Currency Management UK Ltd 1.6 Hedge Fund PETER JACOBSON Westchester Capital Management LLC 21.01 Hedge Fund MICHAEL T SHANNON Man Investments Ltd Hedge Fund N.A. N.A. FIL Fund Management Ltd 40.22 Hedge Fund MATT JONES PAW Capital Partners LP 23 Hedge Fund ANNIE ERNER Zebra Capital Management LLC/USA 30 Hedge Fund ROGER IBBOTSON Connective Capital Management LLC 14.78 Hedge Fund ROBERT ROMERO Man Investments Ltd 28.1 Hedge Fund TIMOTHY WONG TIM Man Investments Ltd 28.1 Hedge Fund N.A. Pioneer Alternative Investment Management N.A. Hedge Fund PAOLO BARBIERI Exane Asset Management/France 412.09 Hedge Fund ALEXANDRE DERGATCHEFF Unigestion UK Ltd/United Kingdom Hedge Fund N.A. N.A. Turner Investments LP 1.25 Hedge Fund DONALD W SMITH Cornerstone Acquisition & Management Co L 36.21 Hedge Fund DERREN GEIGER Briarwood Capital Management Inc 198.78 Hedge Fund FRED G SCHUTZMAN Cramer Rosenthal McGlynn LLC 94.82 Hedge Fund JAY B ABRAMSON Cognios Capital LLC 66.88 Hedge Fund JON ANGRIST Cornerstone Acquisition & Management Co L 66.79 Hedge Fund DERREN GEIGER Squadra Investments - Gestao de Recursos L 32.32 Hedge Fund GUILHERME ACHE Jemekk Capital Management Inc/Canada 10.8 Hedge Fund GERARD FERGUSON Adrigo Asset Managment AB 585.79 Hedge Fund GORAN TORNEE Man Investments AG 18.91 Hedge Fund TIMOTHY WONG TIM Lazard Freres Gestion SAS 20.59 Hedge Fund ALAIN ALBIZZATI BBVA Asset Management SA SGIIC/Spain 6.61 Hedge Fund N.A. HFR Asset Management LLC Hedge Fund N.A. N.A. Sparx Group Co Ltd 2,920.72 Hedge Fund N.A. Goodwood Inc 6.3 Hedge Fund N.A. RWC Asset Management LLP Hedge Fund AJAY GAMBHIR N.A. Dexia Asset Management 41.62 Hedge Fund CHARLES-HENRY DE COURCEL Zebra Capital Management LLC/USA 115 Hedge Fund ROGER IBBOTSON Optimal Fund Management Pty Ltd 26.1 Hedge Fund WARWICK JOHNSON Summit Alternative Investments LLC 7.14 Hedge Fund ERIC GANGLOFF Kaizen Management LP/USA 4.2 Hedge Fund DAVID W BERRY Man Investments Ltd 159.97 Hedge Fund N.A. Quaestio Capital Management SGR 7.87 Hedge Fund CHRISTIAN PRINOTH Man Investments Ltd 92.28 Hedge Fund TIMOTHY WONG TIM Man Investments Ltd 92.28 Hedge Fund TIMOTHY WONG TIM Man Investments Ltd 53.16 Hedge Fund N.A. Mirpan Ltd 25.27 Hedge Fund XAVIER ROBINSON Man Investments Ltd 19.79 Hedge Fund N.A. Mariner Investment Group LLC Hedge Fund N.A. N.A. Hedge Fund ZSOLT SZABO Vesper Capital Management Ltd N.A. MVP Asset Management LLC 1.76 Hedge Fund MICHAEL STRATFORD Aktie-Ansvar AB/Sweden 199 Hedge Fund N.A. IBS Capital Corp 38.3 Hedge Fund DAVID TAFT Altruid Systems as 8.93 Hedge Fund THOMAS GOLDVINGER Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Man Investments Ltd 91.82 Hedge Fund N.A. FX Concepts Trading Advisor 4.42 Hedge Fund N.A. Picton Mahoney Asset Management 7.49 Hedge Fund DAVID PICTON Victory Asset Management Ltd Hedge Fund N.A. N.A. Man Investments Ltd 41.56 Hedge Fund N.A. FX Concepts LLC 3.17 Hedge Fund JOHN R TAYLOR JR

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1765 1766 1767 1768 1769 1770 1771 1772 1773 1774 1775 1776 1777 1778 1779 1780 1781 1782 1783 1784 1785 1786 1787 1788 1789 1790 1791 1792 1793 1794 1795 1796 1797 1798 1799 1800 1801 1802 1803 1804 1805 1806 1807 1808 1809 1810 1811 1812 1813 1814 1815 1816 1817 1818 1819 1820 1821 1822 1823 1824 1825 1826 1827

Ticker
GLGECAN KY BHFEEDA VI MAP157L CU SHICORE US PRMEDMI VI XADYR1C LX SIITTOR SM FAGOFAF GU SAFGBMY LX GSSIDYC LX LYGAEUR JY PPASIAS KY BHACORN KY ANTEECU BH GABJALP US OSMSPSS BH TTINTFA KY GLSGLCI KY BHMARCH VI JABEMX1 KY INFLPAR US THRBREP US GLBMONA KY DBFUTUR FP BUVEQED BM JYIHMOB DC SPVBVHS AV PCGBMSP KY LIOFNDI KY SCOPINT BH SCOPART US CAPIBBZ KY SFMSAUI LX ANTEUSD BH MATCRRG BH PURENAT KY VICTFIN NT MILMANC US ARMAJCU KY BTGBMAC AU DEXMNEQ FP MVISION CU ENDOWMA KY HSBCPYB FP CAMGAFB BM RABOCTD KY BRUMLUN SS SITSHDR KY SFGDAEI LX BBALHEA KY MNOMAHL CU LCBVAIE LX BRETVOY US MANSR12 CU EURAILQ IM PMSYSMA VI INUNSEG KY G4BREVA KY DAVINCI US PPCHINA KY PRIMFUT FP CCATHIE KY WARAPER CN

Name
GLG EMERGING CURR AND FI-A N BH FEEDER INC-A MAN OM-IP 15SEVEN LIMITED THE CORE INVESTMENT LP TT INTERNATIONAL FUND-A EURO DB PLATINUM IV-DYN ALT-R1C SIITNEDIF TORDESILLAS FIL ZENITH INTL BOND-ALPHA SAF - GBMN 300-I GOLDMAN SACH SPEC INV-DYNA-C LYXOR GLOBAL ARBITRAGE FD PINPOINT MULTI-STRATEGY FUND BINJAI HILL ASIAN ACOR N-USF ANTARES EUROPEAN FUND LTD- GABELLI JAPANESE VAL PART LP REVELATION SPECIAL SITUAT-A TT INTERNATIONAL FEEDER-A GOLDMAN SACHS GLBL CURCY-$ BHM ARCHWAY FEEDER LP JABCAP EMEA FUND LTD-X1 INFLECTION PARTNERS FUND LP THREE BRIDGES EUROPE FUND LP GLOBAL MONETARY FD LTD-A DBENCH FUTURES UCITS BUENA VISTA EQUITY EVENT DRI JYSKE INV HEDGE MARKEDSN OBL VBV DACH-HEDGEFONDS STABIL PLURAX CAPITAL GLOBAL MACRO THE LION FUND LTD SCOPIA INTERNATIONAL LTD SCOPIA PARTNERS LLC VISION MULTI-STRATEGY FND-B SF LUX SICAV3-MS ALT USD-I ANTARES EUROPEAN FUND LTD-$ MATRIX CREDIT OPPORT-R PURE HEART NATURAL SELECTION VICTOIRE FINANCE FEEDER - B1 MILMAN CAPITAL LP ARMAJARO COMMODITIES FUND-A$ BT GLOBAL MACRO FUND DEXIA RISK ARBITRAGE-C MAN OM-IP VISION LTD ENDOWMENT FUND - EF GLB-A HSBC ABSOLUTE RETURN GVT-AC THE CAMPBELL GLOBAL ASSETS-B RAB OCTANE FUND LIMITED-D BRUMMER & PARTNERS LYNX FUND SIT SHORT DURATION FUND SF LUX SICAV3-GLB DIVS AL-I BB ALPHA HEALTH-A MAN OM-IP AHL LTD LYXOR CONV BND & VOL ARB-I BRETWOOD-VOYAGER FUND I LP MAN SERIES 12 OM-IP 220 LTD EUROMOBILIARE ALTER LOW VOL PERMAL SYSTEMATIC MACRO-A$ INCENTIVE-UNIVERSAL SELECT-G CLARITAS G4-BRAZIL EQY VALUE DAVINCI FUND LP PINPOINT CHINA FUND-A PRIM' KAPPAVOL CC ATHENA OS FUND LTD-INS WARATAH PERFORMANCE TRUST

TotRet1Y
1.78 1.76 1.75 1.73 1.71 1.71 1.7 1.7 1.69 1.69 1.69 1.68 1.68 1.67 1.64 1.6 1.6 1.6 1.6 1.59 1.59 1.58 1.58 1.58 1.58 1.54 1.53 1.52 1.51 1.51 1.51 1.5 1.5 1.48 1.48 1.47 1.47 1.44 1.42 1.42 1.4 1.4 1.4 1.39 1.38 1.38 1.37 1.35 1.35 1.35 1.34 1.34 1.34 1.32 1.31 1.28 1.28 1.28 1.27 1.26 1.26 1.25 1.24

ManagementStyle
Emerging Market Debt Macro Macro CTA/Managed Futures Long/Short Equity CTA/Managed Futures Long/Short Equity Fixed Income Fixed Income Arbitrage Multi-Style Multi-Style Multi-Style Long Biased Equity Long/Short Equity Long/Short Equity Merger Arbitrage Long/Short Equity Macro Distressed Securities Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Macro Multi-Style Long/Short Equity Equity Fundamental Market Neutral Multi-Style Macro Merger Arbitrage Long/Short Equity Long/Short Equity Multi-Style Multi-Style Long/Short Equity Fixed Income Long/Short Equity Long/Short Equity Long/Short Equity CTA/Managed Futures Macro Merger Arbitrage Macro Multi-Style Fixed Income Arbitrage Multi-Style Long/Short Equity CTA/Managed Futures Fixed Income Arbitrage Multi-Style Long/Short Equity CTA/Managed Futures Fixed Income Arbitrage Long/Short Equity Macro Multi-Style Macro Multi-Style Long Biased Equity Equity Fundamental Market Neutral Long/Short Equity CTA/Managed Futures CTA/Managed Futures Long/Short Equity

ManagementCompany

TotAsset(M) FundType
Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
KARIM ABDEL-MOTAAL SUSAN WEBB N.A. ALAN C SNYDER TIMOTHY TACCHI N.A. RICARDO SAGASETA DE SEIXAS BRYAN BAZIN N.A. N.A. N.A. N.A. JUSTIN MURRAY GUY KENDRICK PETER TESTA CAESAR M P BRYAN CHRIS KUCHANNY N.A. ROBERT A GOLD SUSAN WEBB PHILIPPE JABRE DAVID L SHERRY JR GENE SALAMON MARKUS LINKE BRUNO CALME N.A. JAN LAURIDSEN N.A. RODOLFO RIECHERT S NICHOLAS WALKER NICK MATT SIROVICH MATT SIROVICH AMAURY FONSECA JUNIOR N.A. PETER TESTA N.A. N.A. MATTHEW MASLOW SERGE MILMAN JOHN TILNEY JOE BRACKEN SOPHIE ELKRIEF N.A. N.A. ADJRIOU ABDELAK BILL CLARKE GAVIN WILSON SVANTE BERGSTROM BRYCE A DOTY N.A. KEVIN REEDER N.A. N.A. CALVIN STAMPS N.A. N.A. N.A. RENE BRAGINSKY HELDER SOARES RUSSELL G SILBERSTEIN QIANG WANG N.A. MAIK KAMINSKI BRAD DUNKLEY

GLG Partners Cayman Ltd N.A. Appomattox Advisory Inc N.A. Man Investments Ltd 52.34 Shinnecock Partners LP 11.43 TT International 545 Deutsche Bank AG 24.55 Siitnedif SGIIC SA 47.34 Hume Capital Guernsey Ltd 0.01 Sinopia Asset Management Luxembourg SA 12,677.63 RBS Luxembourg SA 9,915.35 SG Hambros Fund Managers Jersey Ltd 18.61 Pinpoint Asset Management Ltd 135 Binjai Hill Capital Limited/Cayman Islands 16.9 Altair Investment Management Ltd 500 Gabelli Securities Inc 1.83 Revelation Capital Management Ltd 233 TT International 133.2 Goldman Sachs Asset Management Internatio 0.02 Appomattox Advisory Inc N.A. Jabre Capital Partners Cayman Ltd 215.64 Inflection Partners LLC N.A. Three Bridges Capital LP 474 swisspartners Investment Network AG 90.68 DBench Alternative Investments 0.97 Buena Vista Capital Management Ltd N.A. Jyske Invest/Denmark 168.94 Carl Spaengler KAGmbH/Austria N.A. Brasil Plural Gestao de Recursos Ltda 6.25 York Asset Management Ltd 229.7 Scopia Fund Management LLC 192 Scopia Fund Management LLC 38 Vision Investments LLP 41.12 UBS Global Asset Management UK Ltd 24.02 Altair Investment Management Ltd 500 Matrix Bermuda Ltd 7.13 Pureheart Asset Management/Cayman Island 47.83 Victoire Finance Capital LLC 35.9 Milman Capital Partners LLC 10.7 Armajaro Asset Management LLP/United King 1,051.00 BT Investment Management Ltd 20.23 Dexia Asset Management/France 52.53 Man Investments Ltd 37.35 Endowment Investments Ltd/Cayman Islands N.A. HSBC Global Asset Management France/Fra 31.08 Campbell & Co Inc 15.17 RAB Capital Ltd 12 Lynx Asset Management AB 3,540.00 HC Asset Management Co Ltd 150.49 UBS Global Asset Management UK Ltd 68.35 Bellevue Asset Management AG/Switzerland N.A. Man Investments Ltd 133.97 Lyxor Asset Management Luxembourg SA 5.69 Bretwood Capital Partners LLC 0.94 Man Investments Ltd 49.94 Euromobiliare AM SGR 12.69 Permal Investment Management Services Ltd 249 InCentive Asset Management Ltd 172.58 Claritas Investments Ltd 28.08 Carmel Capital Partners LLC 7 Pinpoint Asset Management Ltd 479 Prim'finance SA 1.39 Conservative Concept AG 4.18 Waratah Capital Advisors Ltd 42.1

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1828 1829 1830 1831 1832 1833 1834 1835 1836 1837 1838 1839 1840 1841 1842 1843 1844 1845 1846 1847 1848 1849 1850 1851 1852 1853 1854 1855 1856 1857 1858 1859 1860 1861 1862 1863 1864 1865 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890

Ticker
INDALLT FP SPGOPLA KY GLCAFFU KY DIVASYA FP SCHFODH SW MEOPIIA BH MOM2AHL CU MAGAMAS ID MANADUA BH MANADUB BH MERCEAR ID ALTTRUE MV ABEDNGO US OPTCANA ID PLANAAU KY RTIDEIN LE ESMRGME VI GABELLI US GABASII US GLOBXLA FH SFMSTEI LX INMANLJ VI AJRINTL VI ROCKCCR US AIMBRCO TL DEMPEMA FP MULGA03 FP FPP395A KY MLSTOPT BM GABASLT VI THEOEUA KY ADIRAAB FP COREEUG GU GEARBIT US MNGLMSP KY HSBCTGH GR ARJUNLP US LSGEMKB KY BERINGC KY SINGBGG LX LYNXFDI KY RBICPTN US CANDOFX US FORTINA VI ALPOCTC KY ESGARBC AV MANAHLL GU GIMIMLP US MDUCPBA BH CANGROA BH POLPEUT VI PALINTR CN MADS2UA BH MADS2UB BH MANONZD CU LOCUSTB VI FRIGMHI KY PRACPBU KY INSABRB ID ARASALP KY SFGDACH LX VTCRBPR TL SINLSUG LX

Name
INDOSUEZ ALPHA LONG TERME OPLOT FUND LTD-A GLOBAL COMMODITIES AGRI-USD DIVA SYNERGY UCITS FUND-A CHF-OBLIGATIONEN DYNAMC HDGE METEOR OPPORT USD FUND-A$ MAN OM-IP 2AHL LTD ALTER ALP-MAGNET AMER GR-A MAN AHL DIVERS GUARAN $-TR A MAN AHL DIVERS GUARAN $-TR B MERRION EUROPEAN ABS RET-B INNOCAP TRUE NORTH SUB-FUND ABEDNEGO PROGRAM OPTIMA CANNELL UCIT FUND-A PLATINUM NORDIC FUND - $ TIDE INVEST ESM RIALTO GLOBAL MACRO- GABELLI ASSOCIATES FUND LP GABELLI ASSOCIATES FD II LP ESTLANDER & RONNLUND GL XL-A SF LUX SICAV3-MS ALT II -I INMANAGEMENT FUND LTD-A AJR INTERNATIONAL INC-A ROCKVIEW CAPITAL CREDIT FD AIM FD PCC LTD B-ROCK CON OP DEXIA EMERGING DEBT ARBITR-C UFG ALTERAM LOW VOLATILIT-A FPP SEVEN SEAS FUND-A MULTISTRATEGY OPTION FD LTD GABELLI ASSOCIATES LIMITED-A THEOREMA EUROPE FUND LTD-A1 OFI RISK ARB ABSOLU-A CORE DIVERSIFIED EUR FUND GENEVA ARBITRAGE FUND LP GLOBAL MLT-STRTGY PRNCPL PP$ HSBC TRINKAUS GLOBAL HEDGE F ARJUN LP LIMESTONE GLOBAL EMERG MKT-B EAST CAPITAL BERING C ASIA-$ SAF - GBMN 300-G THE LYNX FUND I LTD RBI CAPITAL PARTNERS LP CANDORFX SERIES 1.1 FORTRESS INTERNATIONAL FND-A ALPHAGEN OCTANIS FUND-C ESPA GARANT BEST CHOICE MAN AHL ALPHA STRATEG-L GBP METEORIC LP MAN DIR-USD CAP PROT BD-TR A CANTERBURY GROWTH FUND LTD POLARIS PRIME EUROPE LTD-A PALOS INCOME FUND LP MAN AHL DI ST S2-USD GU BD-A MAN AHL DI ST S2-USD GU BD-B MAN OM-IP 150 PLUS NZD LTD LOCUSTA FUND LTD-B FRIEDBERG GLOBAL-MACRO HEDGE PREMIER ALPHA CAPITAL FD-B$ INVEST STR-ABSOLUTE RETURN-B AR ASIA SELECT FD-ALPHA SF LUX SICAV3-GB DIV AL S-I G20 PROPERTY FUND HQAF- GBMN 300-G$

TotRet1Y
1.24 1.24 1.22 1.22 1.2 1.2 1.2 1.2 1.18 1.18 1.17 1.15 1.14 1.13 1.13 1.12 1.12 1.11 1.11 1.11 1.1 1.1 1.09 1.08 1.06 1.05 1.04 1.04 1.04 1.03 1.03 1.02 1.01 1.01 0.99 0.98 0.98 0.97 0.95 0.95 0.94 0.94 0.94 0.94 0.93 0.93 0.92 0.91 0.89 0.88 0.87 0.85 0.84 0.84 0.84 0.83 0.81 0.81 0.81 0.8 0.8 0.8 0.78

ManagementStyle
Multi-Style Macro CTA/Managed Futures Merger Arbitrage Fixed Income Multi-Style CTA/Managed Futures Long Biased Equity Multi-Style Multi-Style Long/Short Equity Macro CTA/Managed Futures Long/Short Equity Multi-Style Long/Short Equity Macro Merger Arbitrage Merger Arbitrage CTA/Managed Futures Multi-Style CTA/Managed Futures Long/Short Equity Fixed Income CTA/Managed Futures Emerging Market Debt Multi-Style Emerging Market Equity (Alternative funds) Multi-Style Merger Arbitrage Long/Short Equity Merger Arbitrage Multi-Style Merger Arbitrage Multi-Style N.A. Macro Emerging Market Equity (Alternative funds) Long Biased Equity Fixed Income Arbitrage Mortgage-Backed Arbitrage Long/Short Equity CTA/Managed Futures Multi-Style Long/Short Equity Multi-Style Multi-Style Equity Fundamental Market Neutral Fixed Income Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Fixed Income Fixed Income Macro Long/Short Equity Macro Emerging Market Equity (Alternative funds) Multi-Style Long Biased Equity Multi-Style Multi-Style Fixed Income Arbitrage

ManagementCompany

TotAsset(M) FundType
12.14 Hedge Fund Hedge Fund 29.39 Hedge Fund Hedge Fund 274.45 Hedge Fund 268 Hedge Fund 75.29 Hedge Fund Hedge Fund 23.38 Hedge Fund 23.38 Hedge Fund Hedge Fund Hedge Fund 1.13 Hedge Fund Hedge Fund Hedge Fund 9.74 Hedge Fund Hedge Fund 208.58 Hedge Fund 87.18 Hedge Fund 3.9 Hedge Fund 447.65 Hedge Fund 0.75 Hedge Fund 542 Hedge Fund Hedge Fund Hedge Fund 30.86 Hedge Fund 41.13 Hedge Fund 17.41 Hedge Fund 1.85 Hedge Fund 118.87 Hedge Fund 115 Hedge Fund 117.2 Hedge Fund 6.29 Hedge Fund 3.34 Hedge Fund Hedge Fund 100 Hedge Fund 38.83 Hedge Fund 3 Hedge Fund 44.09 Hedge Fund 35.42 Hedge Fund 172.3 Hedge Fund 28.2 Hedge Fund 0.87 Hedge Fund Hedge Fund 324.39 Hedge Fund 10.75 Hedge Fund 134.48 Hedge Fund 18.74 Hedge Fund 16.66 Hedge Fund 2.34 Hedge Fund 4 Hedge Fund Hedge Fund 134.64 Hedge Fund 134.64 Hedge Fund 61.66 Hedge Fund Hedge Fund 926.92 Hedge Fund Hedge Fund Hedge Fund 193.8 Hedge Fund 33.96 Hedge Fund Hedge Fund 124.84 Hedge Fund

Manager
N.A. JOHANN MARTIN PULVER ROSS HALLIDAY AMIT SHABI MATTHIAS WIRZ N.A. N.A. EDUARDO TOMACELLI TIMOTHY WONG TIM TIMOTHY WONG TIM MICHAEL NICOL N.A. PHIL HERBERT J CARLO CANNELL N.A. N.A. N.A. RAFFAELE ROCCO MARIO J GABELLI MARTIN ESTLANDER N.A. LAWRIE INMAN ALEXANDER J ROEPERS KEVIN SCHWEITZER N.A. GEORGES FARRE GILLES SEURAT N.A. N.A. RAFFAELE ROCCO GIOVANNI GOVI FABIENNE CRETIN SCOTT MACGIBBON CAMPBELL LANCE ECKEL N.A. N.A. JOSEPH MEYER JR N.A. N.A. N.A. CRAIG A COHEN SKIP TAGUE STEPHEN HART PETER DODD BEN WALLACE N.A. TIMOTHY WONG TIM MONTAGUE GUILD JR N.A. MICHAEL P DE SANTIS JEAN-MARC FRAYSSE HUBERT R MARLEAU TIMOTHY WONG TIM TIMOTHY WONG TIM N.A. ALEXIS EISENHOFER ALBERT D FRIEDBERG BRIAN CORDISCHI N.A. WAH KHEONG LEONG N.A. CHRISTOPHER VUJNOVICH N.A.

Amundi SA SPG SWISS Asset Management Ltd/CaymanN.A. Global Commodities Cayman Ltd Bernheim Dreyfus & Co SAS N.A. Sarasin Anlagestiftung/Switzerland Pioneer Alternative Investment Management Man Investments Ltd Reech AiM Partners LLP N.A. Man Investments Ltd Man Investments Ltd Merrion Capital Investment Managers N.A. Innocap Global Investment Management Ltd N.A. NDX Capital Management Cannell Capital LLC N.A. Platinum Trading Management Ltd N.A. Regent Fund Management AG/Liechtenstein Early Stage Managers LLC N.A. Gabelli Securities Inc Gabelli Securities Inc Blue White Fund Management Co Ltd/Finland UBS Global Asset Management UK Ltd Inmanagement Fund Management Ltd Atlantic Investment Management Inc Rockview Management LLC N.A. Independent Investment ag N.A. Dexia Asset Management UFG Alteram/France FPP Asset Management LLP/United Kingdom Wislow Inv. SA Gabelli Securities Inc Theorema Asset Management Ltd Ofi Asset Management MitonOptimaL Guernsey Ltd/Guernsey Butcher's Hill Capital LLC/USA Man Investments Ltd N.A. INKA-Internationale KAGmbH Statim Holdings Inc Headstart Management Inc East Capital Alternative Investments Ltd/Caym Sinopia Asset Management SA Proprietary Capital LLC RBI Capital Management LLC/USA Candor Capital Advisors LLC Wingate Thomson SL N.A. Henderson Alternative Investment Advisor Ltd Erste-Sparinvest Kapitalanlage GmbH Man Fund Management Guernsey Ltd/Chann Guild Investment Management Inc Man Investments AG Hangar 4 Partners LLC Park Place Capital Ltd Palos Management Inc N.A. Man Investments Ltd Man Investments Ltd Man Investments Ltd ATACAMA Capital GmbH N.A. Friedberg Mercantile Group Ltd Premier Alpha Capital Management Advisor AN.A. ICR Institutional Investment Management SG N.A. AR Capital Pte Ltd UBS Global Asset Management UK Ltd CIMCO PCC Ltd N.A. Sinopia Asset Management Luxembourg SA

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953

Ticker
STARBPT US TURTTLP US MARARFL BH BGINGLO FP OCTAPFC KY ARNASIA KY NSUKHAS KY HCAPGDV AU SWIFORB VI MORAISU GU ASIALTA KY GAMSELI VI INTRGPL FP DIVAMMA VI FINEQUA FP JABCAPD KY CHEEQTY KY PURAL15 KY REDOACO US LYXHIIE LX MARSF01 LX IVIFNDI KY J1AHLAC GU ALTRUIG MV FTCFUTF LX NEWSERE KY CRISTCJ BM ACTGVML GR ALSTRAE KY GIADAFL VI GLHGLAN US LUCEINV KY MNIP140 CU AAASYWA KY CONSTEB KY SFMCHFI LX SELCONT US ROTNEMI GU FXCGGCP US REGEMGR BM GLGEEAN KY CADYVA8 FP QUAN1LP US TRIGDMA US SINLSEG LX MERACTA LX CONGCPU BH CROSMKT NA TRISKCB KY EXPLEI8 FP CITGLBL KY MAN3AHL CU DXLSDAC FP GSSUEMA ID LOALBIA LX CONFIUC ID MATHST2 KY EDFGCFI NA IRSBCHF GU EXATEMP LX LCEQCHF KY GLADIAT SS INVABSA LX

Name
STARBOARD PARTNERS LP TURNER TITAN LP MARTIN CUR ABS RET-JAPAN $ INDOSUEZ GLOBAL VAR OCTIS ASIA PACIFIC FUND-C AR NEW ASIA FUND NEWSMITH UK HEDGE FUND-A-GBP HCAP GLOBAL DIVERSIFIED FD SWISS FORFAITING FUND LTD-B AVIVA-G7 FIXED INCOME CELL-$ ASIA ALTITUDE FUND-A GAM SELECTION HEDGE INC INTEREGULARITE + DIVA SYNERGY LTD-A FINALTIS EQUITIES FUND-A JABCAP MULTI-STRATEGY LTD-D1 CHEYNE EQUITY FUND-A ALPHA 15 FUND-A- RED OAK COMMODITY ADVISORS LYXOR HEDGE INDEX FUND-I EUR MARATHON INV FD-SUB-FUND 01 THE IVIRON FUND CLASS J1 AHL ALPHA CAD SH ALTRUID G FUND FTC FUTURES FUND CLASSIC-EUR NEWSMITH EUROPEAN FUND- CRISTALLINA CONFIDENCE STR-J ACCLIVIS TGV MELROSE ALPHA STRATEGIES FUND INC-A GIADA STRATEGIC-GIADA FLEX-C HIGHLAND CAPITAL MANAGEMENT LUCENDRO INVESTMENT FUND MAN OM-IP 140 PLUS LTD AAA SYWG DRAGON FUND-A CONSTELLATION FUND SPC - B SF LUX SICAV3-MS ALT CHF-I SELECT CONTRARIAN VAL PRTN-A NEMROD DIVERSIFIED HLD LTD-A FXC GLBL FD MAST TR-GCP SER REGENCY EMERGING GROWTH FUND GLG EMERGING EQUITY-A N-REST AMUNDI DYNARBITRAGE VAR 8 QUANTONE PARTNERS LP TRIGON DISCRETIONARY MACRO HQAF- GBMN 300-G MERCURY FUND-ACTIONS-A FX CONCEPTS SAC LTD - GCP FD CROSS MARKETS FUND TRISKELE CB FUND EXANE PLEIADE FUND 8-I CARDWELL INVESTMENT TECHGL-A MAN OM-IP 3AHL LTD DEXIA LG/SH DOUBLE ALPHA F-C GOLDMAN SELECT-US EQ MKT N-A LO FUNDS-ALTERN BETA USD-IA$ CONTROLFIDA-FX INC UCITS ST^2 LTD MAN AHL DIVERSIFIED MKT E-A MAN INV-IRIS BALANCED FD-CHF EXANE FUNDS 1-EX TEMPLIER-A LC EQUITY FUND LTD-CHF GLADIATOR INVESCO-GLOBAL ABS RTRN FD-A

TotRet1Y
0.78 0.78 0.78 0.76 0.75 0.73 0.73 0.73 0.73 0.72 0.72 0.71 0.71 0.71 0.7 0.68 0.68 0.67 0.66 0.66 0.66 0.66 0.65 0.64 0.63 0.63 0.62 0.61 0.6 0.59 0.58 0.57 0.57 0.56 0.55 0.55 0.55 0.53 0.52 0.51 0.51 0.51 0.5 0.47 0.47 0.47 0.47 0.46 0.46 0.45 0.45 0.44 0.43 0.42 0.41 0.41 0.41 0.4 0.38 0.38 0.38 0.37 0.37

ManagementStyle
Long/Short Equity Long/Short Equity Long/Short Equity Fixed Income Arbitrage Multi-Style Long Biased Equity Long/Short Equity Macro Fixed Income Fixed Income Arbitrage Long/Short Equity Multi-Style Fixed Income Merger Arbitrage Equity Statistical Arbitrage Multi-Style Long/Short Equity CTA/Managed Futures CTA/Managed Futures Multi-Style Long Biased Equity Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Multi-Style Multi-Style Multi-Style CTA/Managed Futures Long/Short Equity Merger Arbitrage Fixed Income Macro Multi-Style Long/Short Equity Multi-Style Long/Short Equity Multi-Style CTA/Managed Futures Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Multi-Style Equity Fundamental Market Neutral CTA/Managed Futures Fixed Income Arbitrage Long Biased Equity CTA/Managed Futures Macro Convertible Arbitrage Long/Short Equity CTA/Managed Futures Macro Multi-Style Equity Fundamental Market Neutral Multi-Style Fixed Income CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Multi-Style

ManagementCompany

TotAsset(M) FundType

Manager

Starboard Capital Partners LLC 3.3 Hedge Fund ROBERT P ROSS JR Turner Investments LP 1.01 Hedge Fund CHRISTOPHER E BAGGINI Martin Currie Investment Management Ltd Hedge Fund JOHN-PAUL TEMPERLEY N.A. Amundi SA 8.65 Hedge Fund N.A. Octis Asset Management Pte Ltd 41.86 Hedge Fund N.A. AR Capital Pte Ltd 599.9 Hedge Fund WAH KHEONG LEONG NewSmith Asset Management LLP 301 Hedge Fund STEVE THOMPSON HCap Pty Ltd 0.29 Hedge Fund STEVE HOWELL Independent Asset Management Co Ltd Hedge Fund N.A. N.A. Aviva Investors London Ltd 775.6 Hedge Fund SHAHID IKRAM Eastspring Investments Singapore Ltd 97.76 Hedge Fund N.A. FSIP LLC 15.39 Hedge Fund BERNARD T SELZ Olympia Capital Management SA 3.41 Hedge Fund N.A. Bernheim Dreyfus & Co Ltd Hedge Fund SEBASTIEN DETTMAR N.A. Finaltis SA Hedge Fund N.A. N.A. Jabre Capital Partners Cayman Ltd 474.73 Hedge Fund PHILIPPE JABRE Cheyne Capital Management Ltd Hedge Fund N.A. N.A. Nordea Investment Management AB 127.39 Hedge Fund ASBJOERN TROLLE HANSEN Red Oak Commodity Advisors Inc 108.2 Hedge Fund GARY A GERSTEIN Lyxor Asset Management Luxembourg SA/Lu 31.38 Hedge Fund LIONEL ERDELY Marathon Investment Fund SICAV 12.34 Hedge Fund CONSTANTINE DEVARIS Cambos Investment Ltd Hedge Fund N.A. N.A. Man Investments Ltd Hedge Fund TIMOTHY WONG TIM N.A. Altruid Systems as 4.54 Hedge Fund THOMAS GOLDVINGER FTC Capital GmbH 73.39 Hedge Fund N.A. NewSmith Asset Management LLP 41 Hedge Fund JEAN MAIGROT Cristallina Asset Management SA 0.86 Hedge Fund N.A. HSBC Investments Deutschland 42.79 Hedge Fund N.A. Swiss Alpha GmbH 19.15 Hedge Fund STEFAN GERSTNER Giada Strategic Asset Management Ltd 1.15 Hedge Fund N.A. Glenfinnen Capital LLC 42.49 Hedge Fund JEFF O'BRIEN Lucendro Fund Management Ltd 1,169.51 Hedge Fund N.A. Man Investments AG 71.67 Hedge Fund N.A. Apex Asset Allocators Ltd/Cayman Islands 10.75 Hedge Fund N.A. Constellation Investimentos e Participacoes L 165.79 Hedge Fund FLORIAN BARTUNEK UBS Global Asset Management UK Ltd 71.51 Hedge Fund N.A. Kaizen Management LP/USA 41.33 Hedge Fund DAVID W BERRY Blackpoint Management Ltd/Guernsey 344.01 Hedge Fund PIERRE DE CROISSET FX Concepts LLC 27.09 Hedge Fund JOHN R TAYLOR JR Regency Asset Management Ltd/Bahamas 165.67 Hedge Fund N.A. GLG Partners LP/United Kingdom 45.76 Hedge Fund KARIM ABDEL-MOTAAL Amundi SA 7.28 Hedge Fund N.A. Usem Bergstrand Capital Management LLC 7.6 Hedge Fund MARC USEM Trigon Investment Advisors LLC 446.51 Hedge Fund ANTE BASIC Sinopia Asset Management Luxembourg SA 136.13 Hedge Fund N.A. Segetia Wealth Management SA 5.96 Hedge Fund JEROME PIEYRE FX Concepts LLC 1.3 Hedge Fund JOHN R TAYLOR JR Optimix Vermogensbeheer NV 50.41 Hedge Fund IVAN MOEN Triskele Capital International Ltd/Cayman Isla 10.91 Hedge Fund CHAN CHUN-SHING OTTO Exane Asset Management/France 140.61 Hedge Fund PHILIPPE SANLAVILLE Cardwell Investment Technologies 6.05 Hedge Fund TIM MARCHANT Man Investments Ltd 55.36 Hedge Fund N.A. Dexia Asset Management 27.15 Hedge Fund FREDDY DESQUENNE Goldman Sachs Asset Management LP 192 Hedge Fund N.A. Lombard Odier Funds Europe SA 194.44 Hedge Fund JEROME TEILETCHE Controlfida Management Co Ltd 25.49 Hedge Fund N.A. Math Fund Management Co Ltd 13.34 Hedge Fund PEDRO OURO LAMEIRA Man Fund Management Netherlands BV 326.29 Hedge Fund N.A. Credit Suisse AG 1,058.35 Hedge Fund NIKLAUS HILTI Exane Asset Management/France 356.11 Hedge Fund JEAN-FRANCOIS ROUSSEL Limmat Capital Cayman LLC 142.76 Hedge Fund N.A. Max Mitteregger Kapitalforvaltning AB 623.7 Hedge Fund MAX MITTEREGGER Invesco Management SA 64.31 Hedge Fund ALEXANDER UHLMANN

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Ticker
BBVAEAM LX PPLLSST AU PRMAINU KY VEDENEP US CZEQGBP KY MULARBI FP BBTOPRA KY GSV1511 LX GSV1011 LX CONNFIA BH METTRNC MV MWGBFAU ID AGSFFEU LX NIAGLEGB CN TRIGGLM US CAPULAD KY SIEHARD KY FINLQMC NA TAURUSA ID INIGLAA LX REDCOBR KY MERCLSE AU THAICHI KY SIMPRAV SS HERASRI MP SIALATO FP CONEMOP KY GHZCAPP US TRLONGA KY GGEMCFA KY TCHA NA EDFALPI ID CRGLBLA KY MIDWMAP US KEURASA KY CORSSTC VI DIVAGMA VI BRIGHTB MV ELCURRU KY BRALINV US APSCHIN KY REDHAWK US JUPBALA KY DEREMUN FP CALCHNE MP CAL360U MP CAL90FU MP FBLIFEA BM TWOEXOU MP FATPITC US FIETBYA CN UNALBTR IM MANALEZ GU MANOAHL CU NEFGXCA VI FBDNRUI KY CUYAHOG US IVSEBRA ID SIALTIS FP ALPETAA KY PRIMESS FP ALAEMEU LX GRWAYAQ ID

Name
BBVA & PARTNER EQUITY ARB MS ANTARES PS-SUSTAINABLE INVES PRESTIGE MANAGED INDEX-USD VEDANTA ENERGY PARTNERS LP CZ EQUILIBRIA UK FUND LTD- UNION ALTERDYN BB TOROS PRIME-A GSSIS-MI VOLTAR4 15-11-I GSSIS-MI VOLTAR4 10-11-I CONCORDIA G-10 FIXED INC RV METATRON TRADING NEW CONCEPT MW GL FINAN EMERG GRW-A USD A&G GLOBAL SICAV-FALFD FD NIAGARA LEGACY CLASS B FUND TRIGON GLOBAL MACRO PROGRAM CAPULA GLOBAL REL VALUE F-A$ SIEBELS HARD ASSET FD LTD FINLES LIQUID MACRO FUND TIBURON TAURUS-A$ HEDGED INIOHOS INV SICAV-GLO ALPH-A RED COBRA FUND-A ORDINARY MERRICKS CAP LONG/SHORT EQTY TAI CHI FUND LTD SIMPLICITY RAVAROR HERITAGE-ASIA CENTURY FUND HSBC ALTERNATO ADELANTE EMERGING EQUITIES GHZ CAPITAL PROTECTED EHF LP THAMES RIVER LONGSTONE FD-A GLG-GEMINI EM CRNCY FX INC-A TRADING CAPITAL HOLDINGS-A$ AHL ALPHA PLC CR GLOBAL FUND-A$ MIDWEST-MICRO ARBITRAGE PROG KAIROS EURASIAN FUND-A COREPOINT SEL STRAT ARA GTAA DIVA OPPORTUNITY FUND LTD-A BRIGHTWELL - B EQUITY HEDGED ELEUTHERA CURRENCY FUND-A$ BRANZAN ALTER INVEST FD LLLP APS GREATER CHINA LONG/SHORT REDHAWK CAPITAL LP JUPITER GLOBAL INV BALANC-A REMUNIS CALDORA WELLNESS FUND-EUR CALDORA 360-USD CALDORA 90-USD FB US LIFE SETTLEMENT FUND-A TWO SEASONS-EXCELSIOR OPP-$ FAT PITCH CAPITAL LP FIERA TACTICAL BOND YIELD-A UNIFORTUNE AURORA FUND MAN AHL ALPHA DIVERSIFIED-Z$ MAN OM-IP AHL 2010 LTD NEW ENGLAND FAMILY GX-A FIREBIRD NEW RUSSIA FUND-A CUYAHOGA PARTNERS LP INVT STRAT-ESTRATEGIAS BAJ-A HSBC ALTERNATIS ALPHAGEN ETACAS FUND LTD-A$ PRIM' ENERGIES ALANDSBANKEN GL-EM EM EU-ASK GREEN WAY LTD QUARTERLY FD-A

TotRet1Y
0.37 0.37 0.36 0.36 0.35 0.33 0.33 0.31 0.3 0.29 0.26 0.25 0.23 0.21 0.21 0.2 0.19 0.18 0.17 0.17 0.16 0.16 0.15 0.14 0.14 0.13 0.12 0.11 0.11 0.1 0.08 0.08 0.07 0.06 0.03 0.04 0.03 0.02 0.02 0.01 0.01 0 0 0 0 0 0 0 -0.01 0 -0.02 -0.02 -0.03 -0.05 -0.05 -0.06 -0.06 -0.06 -0.07 -0.08 -0.08 -0.11 -0.11

ManagementStyle
Long/Short Equity Long/Short Equity Long Biased Equity Long Biased Equity Equity Fundamental Market Neutral Convertible Arbitrage Equity Fundamental Market Neutral Multi-Style Multi-Style Fixed Income Arbitrage CTA/Managed Futures Long/Short Equity Multi-Style Macro Macro Fixed Income Arbitrage Long/Short Equity Macro Long/Short Equity Long Biased Equity Long/Short Equity Macro Long/Short Equity CTA/Managed Futures Long Biased Equity Fixed Income Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Emerging Market Debt Macro CTA/Managed Futures Macro CTA/Managed Futures Long Biased Equity Macro Macro Long/Short Equity Macro Macro Long/Short Equity Long/Short Equity Long/Short Equity Fixed Income Arbitrage Multi-Style Multi-Style Multi-Style Multi-Style Multi-Style Long Biased Equity Multi-Style Multi-Style Multi-Style Macro Fixed Income Emerging Market Equity (Alternative funds) Long/Short Equity Multi-Style Fixed Income Long/Short Equity CTA/Managed Futures Equity Fundamental Market Neutral Multi-Style

ManagementCompany

TotAsset(M) FundType

Manager

BBVA & Partners Alternative Investments SA 7.8 Hedge Fund N.A. Antares Capital Partners Ltd/Australia 0 Hedge Fund ANDREW HAMILTON ODL Securities Ltd Hedge Fund N.A. N.A. Vedanta Energy Capital LLC Hedge Fund BARRY SAHGAL N.A. CZ Capital LLP 42.06 Hedge Fund CHARLES CURTIS CM-CIC Asset Management 0.21 Hedge Fund N.A. Bellevue Asset Management AG/Switzerland N.A. Hedge Fund MICHEL KEUSCH RBS Luxembourg SA 1,331.42 Hedge Fund N.A. RBS Luxembourg SA 1,492.09 Hedge Fund N.A. Concordia Advisors LLC 355 Hedge Fund ARUN PURI Metatron Capital SICAV plc 1.83 Hedge Fund N.A. Marshall Wace LLP Hedge Fund AMIT RAJPAL N.A. Asesores y Gestores Financieros Fondos SG 5.32 Hedge Fund N.A. Friedberg Mercantile Group Ltd 75.85 Hedge Fund ALBERT D FRIEDBERG Trigon Investment Advisors LLC 12.48 Hedge Fund ANTE BASIC Capula Investment Management LLP 6,519.34 Hedge Fund YAN HUO Green Cay Asset Management Ltd/Lyford 58.7 Hedge Fund JANE M SIEBELS Finles Capital Management 7.1 Hedge Fund ROB VAN KUIJK Tiburon Partners LLP Hedge Fund MARK FLEMING N.A. Iniohos Advisory Services Sarl Hedge Fund JEAN PAUL VAN STRAALEN N.A. Bowen Asia Ltd 2.39 Hedge Fund AADIL EBRAHIM Merricks Capital Pty Ltd Hedge Fund N.A. N.A. J O Hambro Investment Management Ltd/Uni 17 Hedge Fund ALAN GIBBS Simplicity AB 81.23 Hedge Fund MATHIAS LUNDMARK Heritage Capital Management Pte Ltd/Mauritiu 28.73 Hedge Fund CHAN WING CHENG HSBC Global Asset Management France SA 14.17 Hedge Fund N.A. Adelante Asset Management Ltd 11.75 Hedge Fund STEPHEN JOHNSTON GHZ Capital Management LLC 268.69 Hedge Fund PIERCARLO GHEZZI Thames River Capital Holdings Ltd 60.48 Hedge Fund MARCUS PHAYRE-MUDGE GLG Partners LP Hedge Fund N.A. N.A. LCH Investments NV 543.76 Hedge Fund RICK SOPHER Man Fund Management 43.5 Hedge Fund TIMOTHY WONG TIM CR Global General Partner Ltd 17.55 Hedge Fund N.A. Midwest Trading Partners LLC 15.45 Hedge Fund SHAWN BINGHAM Kairos Investment Management Ltd 82.05 Hedge Fund GUIDO BRERA Hedge Fund N.A. Corepoint Select Strategies Ltd - Q2 Liquid FoN.A. Prestinvest Management Ltd Hedge Fund LIONEL O'HANA N.A. Princes Gate Investment Advisory SA 15.16 Hedge Fund N.A. Eleuthera Investment Management Ltd Hedge Fund N.A. N.A. Branzan Investment Advisors Inc 72.89 Hedge Fund THOMAS E ZANECCHIA APS Asset Management Pte Ltd 25.95 Hedge Fund KOK-HOI WONG Harbourside Capital Management LLC 18.6 Hedge Fund STEPHEN NICOLAI Chicago Capital Management Inc 113 Hedge Fund N.A. Dexia Asset Management 55.55 Hedge Fund NAGI NASR Caldora Asset Management 0 Hedge Fund COBUS KELLERMANN Belvedere Management Ltd/Mauritius 0 Hedge Fund COBUS KELLERMANN Belvedere Management Ltd/Mauritius 0 Hedge Fund COBUS KELLERMANN Planta Fundabilis Ltd Hedge Fund N.A. N.A. Teleraka Investments 2.81 Hedge Fund N.A. Fat Pitch Management LP Hedge Fund ROBERT W DEATON N.A. Fiera Sceptre Inc/Canada 107.34 Hedge Fund N.A. Unifortune Asset Management SGR SpA/Italy 36.76 Hedge Fund RYAN MC RANDAL Man Fund Management Guernsey Ltd/Chann 12.58 Hedge Fund N.A. Man Investments Ltd 27.2 Hedge Fund N.A. New England Asset Management & AdministrN.A. Hedge Fund LEONARDO BENVENUTO Firebird Management LLC 173 Hedge Fund IAN C HAGUE Cuyahoga Capital LLC 25 Hedge Fund JAMES M KOSTELL ICR Institutional Investment Management SG N.A. Hedge Fund N.A. HSBC Global Asset Management France SA 14.54 Hedge Fund N.A. Henderson Alternative Investment Advisor Ltd 31.64 Hedge Fund NIGEL DAVIES Prim'finance SA 2.34 Hedge Fund N.A. Alpha Management Co SA 87.49 Hedge Fund DANIEL DINEF Amundi Alternative Investments SAS/France 25.37 Hedge Fund N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 2079

Ticker
GEMLIQU LX FAIRFIG US BRASFXI KY VALPCDA KY PERMACR US MGEGACE ID INDCBFN MP DURBCAP US SUPBARB KY ODYECLE KY INTLCAA VI NEMESTR GU TENEQUA ID VCDEFEU KY DALDCOF KY STSPTA1 TL LFSETPA LE SUMJLSI KY NAITLIC LE SOKOLRU KY COPINEU VI SYOSMEO EK DBFXI1C LX MANADGE GU MANBDGE GU YLMGAAE GR MISBARB US MIBARPR US LMLSMOME CN RORAPFD US PAMACOM CN MERPART US REFDISC KY PULAALC KY ERGLXLK BM EXAARCH LX MAMIDTP US MOMIPS3 CU TAMACTP US MACVALU KY JMKTRCA KY MANAHLY GU AETOSAI VI CAPHEDC KY ASHECFD GU GIMIRLP US ESTRMAU BH ARBNKLB KY MQWINGA AU ZEPHAUR US ZEPHAUC KY HSBCNGF GU AURISSF BH PRIADYN SW APMECKA US ELEENAD BH EDFAGFI BH CPRLSEQ FP FRMACBE KY ALPQORI US MGMINSP KY VLTAVAF MV EACASPU KY

Name
GEMS LIQUID ALTERNATIVE-$ FAIRFIELD INVESTMENT GROUP BLUE FIXED INCOME FUND VALUE PARTNERS CREDIT-A PERMAL MACRO PARTNERS LP BNY MELLON GL-EV GL ALPHA-C ALCHEMY INDIA CB FUND ICB-N DURBAN CAPITAL LP SUPERFUND GARANT-IV SEG PO-A THE ECLECTICA FUND-A BOSTON & ALEXANDER NO ONE FD BLACKPOINT LTD-NEMROD STER-A TENSOR FUND PLC-M SAFRA GLB VICTORIA CAPITAL DYNAMIC- DALTON DIST CRD OFFSHR FEEDR STATISTICAL SPORTS CELL A-A1 VFM LIFE SETTLEMENT PRT-A STB JAPAN LONG-SHORT FND I-$ NAISSCENT TRANS & LIQ AL-ICH SOKOL RUSSIAN EQTY OPP OFFSH COPERNIC BONDS SP-C SYOS MOTHER EARTH & OPPORTUN DB PL FX CONCEPTS GB-I1C-DB MAN AHL DIVS GUERNSEY EU-T-A MAN AHL DIVS GUERNSEY EUR-B YORK LION MER ARB LIQ UI-A AVENTIS DIVERS COMMODITY FND AVENTIS DIVERSIFIED COMM PRO LANDRY MORIN L/S MOMENTUM-F RORS APPRECIATION FUND LP PALOS MAJESTIC COMMODITY MERCER PARTNERS LP REFLEX DISCRETIONARY FUND-C$ PULSAR FUND CLASS A-$ EP GLOBAL XL II EURO SUB-K EXANE FUND 1-ARCHIMEDES-A MOBIUS ASSET MGMT-DIV TRA PR MAN SERIES 3 OM-IP 220 LTD TAMI MACRO TRADING PROGRAM MACROVALUE FUND JEMEKK TOTAL RETURN CANADA MAN AHL ALPHA STRATEG-Y USD AETOS CORPORATION-A CAPITAL HEDGE FUND LTD-C ASHMORE ASIAN RECOVERY FUND ROSEBURY LP ESTATS REVOLUTION MAST-A USD ARBAT GLOBAL-NEW KREMLIN-B MACQUARIE-WINTON GLB ALPHA ZEPHYR AURORA FUND LP ZEPHYR AURORA FUND CAYMAN UT HSBC NEXT GEN FUND-FOUNDER AURUM ISIS SWISS FRANC LTD PRISMA ALTERNATIF DYNAMIQUE APM-ECKHARDT FUTURES-A CENTUM COMMODITY FUND LTD-A$ ATHENA GUARANTEED FUTURES CPR LONG-SHORT EQUITY FRM ACCESS II FUND SPC-B ALPHAQUEST ORIGINAL PROGRAM JP SPC 5-MGM INTL FUND-SP VLTAVA FUND SICAV PLC-CZK EAST CAPITAL SPEC OPPORT-A$

TotRet1Y
-0.13 -0.13 -0.15 -0.17 -0.17 -0.18 -0.18 -0.19 -0.19 -0.2 -0.21 -0.21 -0.22 -0.24 -0.25 -0.25 -0.26 -0.26 -0.26 -0.27 -0.28 -0.28 -0.29 -0.3 -0.3 -0.3 -0.31 -0.31 -0.31 -0.31 -0.35 -0.36 -0.36 -0.38 -0.38 -0.39 -0.39 -0.4 -0.41 -0.41 -0.42 -0.43 -0.43 -0.43 -0.45 -0.45 -0.45 -0.45 -0.45 -0.46 -0.46 -0.45 -0.46 -0.47 -0.47 -0.47 -0.51 -0.52 -0.52 -0.53 -0.53 -0.54 -0.54

ManagementStyle
Multi-Style Multi-Style Emerging Market Debt Fixed Income Macro Macro Capital Structure/Credit Arbitrage Long/Short Equity CTA/Managed Futures Macro Convertible Arbitrage Multi-Style Long/Short Equity Long/Short Equity Fixed Income CTA/Managed Futures Long/Short Equity Long/Short Equity Multi-Style Emerging Market Equity (Alternative funds) Fixed Income Macro CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Merger Arbitrage CTA/Managed Futures CTA/Managed Futures Equity Fundamental Market Neutral Long/Short Equity CTA/Managed Futures Long Biased Equity Multi-Style Macro CTA/Managed Futures Long/Short Equity CTA/Managed Futures Macro CTA/Managed Futures Macro Long/Short Equity Multi-Style Merger Arbitrage Macro Distressed Securities Equity Fundamental Market Neutral CTA/Managed Futures Emerging Market Equity (Alternative funds) CTA/Managed Futures Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Multi-Style Multi-Style Multi-Style CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Equity Statistical Arbitrage Multi-Style CTA/Managed Futures Multi-Style Long Biased Equity Distressed Securities

ManagementCompany

TotAsset(M) FundType

Manager
N.A. N.A. ALEXANDRE FERREIRA BOSSI FAWAZ HABEL N.A. N.A. SHIVAZ RAI DAVID BERMAN CHRISTIAN J BAHA HUGH HENDRY RORY PASSEY PIERRE DE CROISSET N.A. N.A. STEVEN D PERSKY JULIEN LAVOLLEE WALTER SCHADENFROH N.A. LUIGI AMATO THIES ZIEMKE N.A. N.A. N.A. TIMOTHY WONG TIM TIMOTHY WONG TIM N.A. PAUL KIM PAUL KIM JEAN-LUC LANDRY ROBERT A OKUN DENNIS PAQUETTE MARK COLER EVGENI LEIBOVICH PABLO CARBAJAL MARTIN ESTLANDER CESAR ZEITOUNI JOHN MCLANE N.A. CHARLES WHITE REDMOND WONG GERARD FERGUSON N.A. JASON DAHL KENNETH WINDHEIM KEN N.A. MONTAGUE GUILD JR ROBERT MOXHAM N.A. DAVID WINTON HARDING CLIVE LLOYD CLIVE LLOYD SIMON GARFIELD N.A. N.A. MATTHEW OSBORNE N.A. N.A. RODOLPHE TAQUET DAMIAN L JOHNSON NIGOL KOULAJIAN N.A. DANIEL GLADIS PETER ELAM HAKANSSON

Gems Management Ltd 24.25 Hedge Fund Fairfield Advisors LLC Hedge Fund N.A. BC Gestao de Recursos 46.05 Hedge Fund Value Partners Ltd/HK 55.97 Hedge Fund Permal Asset Management Inc 51 Hedge Fund BNY Mellon Global Management Ltd 28 Hedge Fund Alchemy Investment Management Pte Ltd 12.29 Hedge Fund Berman Capital Management LP/USA 30 Hedge Fund Quadriga Trading Management Inc 23.66 Hedge Fund Eclectica Asset Management LLP 348.01 Hedge Fund Boston & Alexander LLP/United Kingdom 47.5 Hedge Fund Blackpoint Management Ltd/Guernsey 3.85 Hedge Fund EMS Capital LP 51.35 Hedge Fund Victoria Capital UK Ltd 4.81 Hedge Fund Dalton Investments LLC 23 Hedge Fund Alpha Sport Ltd Hedge Fund N.A. ILSP Mutual Fund AG & Co KG/Liechtenstein 16.41 Hedge Fund Sumitomo Trust Finance Limited/Hong Kong 2.46 Hedge Fund IFOS Internationale Fonds Service AG 2.11 Hedge Fund ParusKreml Capital Management Ltd 11.77 Hedge Fund Corail Management Ltd 64.55 Hedge Fund Syos Asset Management Ltd 1.66 Hedge Fund db Platinum Advisors SA 5.81 Hedge Fund Man Fund Management Guernsey Ltd/Chann 79.33 Hedge Fund Man Investments Ltd 79.33 Hedge Fund Universal-Investment-GmbH/Germany 18.61 Hedge Fund Aventis Asset Management LLC 169 Hedge Fund Aventis Asset Management LLC 169 Hedge Fund Landry Morin Inc 11.83 Hedge Fund RORS Management & Research LLC 3.3 Hedge Fund Majestic Asset Management LLC Hedge Fund N.A. Alderbel Management Co LLC 22.94 Hedge Fund Reflex Management SA Hedge Fund N.A. CrossBorder Capital Bermuda Ltd 70 Hedge Fund Estlander & Partners 22.39 Hedge Fund Exane Asset Management/France 786.44 Hedge Fund Mobius Asset Management Inc 13.5 Hedge Fund Man Investments Ltd 53.92 Hedge Fund Tucson Asset Management Inc 30.31 Hedge Fund MacroValue LTD Hedge Fund N.A. Jemekk Capital International Inc/Barbados 2.3 Hedge Fund Man Fund Management Guernsey Ltd/Chann 200.93 Hedge Fund First Eagle Investment Management LLC 113.45 Hedge Fund Strategic Fixed Income LLC 66.2 Hedge Fund Ashmore Management Co Ltd/Guernsey 524.67 Hedge Fund Guild Investment Management Inc 14.77 Hedge Fund eStats Capital 5.97 Hedge Fund Arbat Global Management Ltd Hedge Fund N.A. Winton Capital Management Ltd 806.02 Hedge Fund Zephyr Management UK Ltd 84.5 Hedge Fund Zephyr Management UK Ltd 84.5 Hedge Fund HSBC Management Guernsey Ltd/Channel Is 58.65 Hedge Fund Aurum Fund Management Ltd 44.95 Hedge Fund Prisma Fondation Suisse d'Investissement/Sw 32.42 Hedge Fund Altegris Portfolio Management Inc/USA 27.18 Hedge Fund Centum Asset Management/Bermuda 26.15 Hedge Fund Man Investments Ltd 102.59 Hedge Fund CPR Asset Management 6.99 Hedge Fund FRM Investment Management Ltd Hedge Fund N.A. Quest Partners LLC 43 Hedge Fund Kaplan Ventures 7.18 Hedge Fund Vltava Fund Sicav PLC 1,014.48 Hedge Fund East Capital Asset Management AB/Sweden 33.68 Hedge Fund

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 2098 2099 2100 2101 2102 2103 2104 2105 2106 2107 2108 2109 2110 2111 2112 2113 2114 2115 2116 2117 2118 2119 2120 2121 2122 2123 2124 2125 2126 2127 2128 2129 2130 2131 2132 2133 2134 2135 2136 2137 2138 2139 2140 2141 2142

Ticker
BRARCHI SS EIPOVER MP FINTRDA FP EQTREUA LX COPLATA KY BERINGB KY COAVALI KY GRWAYAM ID DIVAGMC VI KAITRFU KY ROGRAMA US CONCAQP US JGMRAAU LX SPGYCOP VI MSHILTA JY MOMESSE CU VENTURA US PAMFUSD KY MANMSTO LX H3ASODA KY GOODINT KY GLAGLOB US BRAVUFD US GPALSTC LX ASSARFE KY EMFFIX2 KY ALPQLTP US PEFUCGI ID ALEXCBI VI MACPLUS US SLRGLAI KY CDKEMMA US PREQRET AU INBLSUS KY GREASHI KY SIGEURB KY NEMDIVJ GU AXFOREX EK SCALACI VI FTEMNLP US FTCFFDA TL KENLFND US ADISTSP FP CLARCOB BH FLCABPZ LX TTFILSA KY GLOPART US EASTSUZ KY HALYCGA KY SUMUSEV US GSSARTC LX HADOHFA KY PRQU2UN GU ENDEFUA KY INTFORE VI CRWFIXC US ROYPRIV US MDRMBGA GU CAYENRG US CAYENQP US CMTFGRC KY WATERIG US PAWPART US

Name
BRUMMER & PARTNERS ARCHIPEL EIP OVERLAY FUND FINALTIS TRENDS-A TRANSTREND EQUITREND EUR-A COPERNICO LATAM STRATEGIC-A EAST CAPITAL BERING BALKAN COAST VALUE FUND I LTD GREEN WAY LTD MONTHLY FUND-A DIVA OPPORTUNITY FUND LTD-C KAISER TRADING F SPC-KTD USD ROGERS RAW MAT FUND LP CONNECTIVE CAPITAL I QP LP JPM GLOBAL MERGER ARBITR-A$ SPECTRUM GALAXY-YIELD CU OPP MSCI HEDGE INV LYX TKR-A MAN OM-IP ESSENTIAL LTD VENTURA CAPITAL PARTNERS LLC PILGRIM ASIAN MACRO FUND-USD MAN-AHL MILESTONE H3 GLOBAL STRATEGIES-D AUD FIRST EAGLE GOODHOPE INTL-A GLAXIS GLOBAL PARTNERS I LP BRAVURA FUND LP GOLDEN PEAK ALTERN STRATEG-C ANAXIS SABRE STYLE ARB- EMF FIXED INCOME FUND-2AA ALPHAQUEST LONG TERM PROGRAM PEGASUS UCITS FUND-GBP INST ODYSSEY SPECIAL SITUATION BD MULTI-ASSET CLASS PLUS+ SR GLOBAL FUND B-ASIA PRT-S1 CDK EMERGING MARKETS LP PREMIER EQUITY RETURN FUND INVESTCORP BALLAST L/S US OP THE GREATER ASIAN HEDGE FUND SIGNUM 80% PROTECTION LTD-B NEMROD DIVERSIFIED HOLD-JPY AXIOM FOREX FUND SCALA CAPITAL INVESTMENT LTD FULLER & THAL EQ MKT NTL LP FTC FUTURES FUND DYNAMIC-A KEVLON FUND LP OFI MARKET NEUTRAL EQUITY CLAREVILLE CAPITAL OPP FD-B FULCRUM ALT BETA PLUS FD-Z$ TT FINANCIALS L/S FUND-A$ GLOBAL PARTNERS LP EAST OF SUEZ FUND HALYCON CAPITAL GROWTH LTD-A SUMMIT STREET US EQ VAL LP GS SYSTEMATIC ABS RET TR-C HADOH FUND LTD-A PROSPERITY QUEST II UNLIST-$ ENDOWMENT FUND - EF UNC SP-A INTERNATIONAL FORESTRY FUND CRANWOOD FIXED INCOME ARB-C ROYCE PRIVET FUND LP MAN AHL DIV GUERNSEY RMB G-A CAYMUS ENERGY FUND LP CAYMUS ENERGY FUND QP LP CMSIM SPC-GRT CHN FD SEG POR WATER ISLAND GLOBAL LLC PAW PARTNERS LP

TotRet1Y
-0.56 -0.57 -0.57 -0.57 -0.59 -0.59 -0.59 -0.61 -0.61 -0.63 -0.64 -0.66 -0.67 -0.67 -0.67 -0.71 -0.73 -0.73 -0.73 -0.74 -0.79 -0.79 -0.79 -0.79 -0.8 -0.81 -0.81 -0.81 -0.81 -0.82 -0.82 -0.83 -0.84 -0.86 -0.88 -0.89 -0.89 -0.9 -0.91 -0.92 -0.92 -0.92 -0.92 -0.93 -0.97 -0.98 -0.98 -0.98 -0.98 -0.99 -1 -1 -1 -1.01 -1.01 -1.03 -1.05 -1.05 -1.12 -1.13 -1.13 -1.13 -1.15

ManagementStyle
Equity Statistical Arbitrage Multi-Style CTA/Managed Futures Equity Statistical Arbitrage Multi-Style Emerging Market Equity (Alternative funds) Fixed Income Arbitrage Multi-Style Multi-Style CTA/Managed Futures CTA/Managed Futures Equity Fundamental Market Neutral Merger Arbitrage Fixed Income Arbitrage Multi-Style Macro Multi-Style Macro CTA/Managed Futures CTA/Managed Futures Distressed Securities Macro Equity Fundamental Market Neutral Multi-Style Equity Statistical Arbitrage Fixed Income Arbitrage CTA/Managed Futures Long/Short Equity Distressed Securities Macro Long/Short Equity Emerging Market Equity (Alternative funds) Multi-Style Long/Short Equity Long/Short Equity Multi-Style Multi-Style CTA/Managed Futures Multi-Style Equity Fundamental Market Neutral CTA/Managed Futures Mortgage-Backed Arbitrage Distressed Securities Multi-Style Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Long Biased Equity Multi-Style Long/Short Equity Long/Short Equity Multi-Style Multi-Style Fixed Income Arbitrage Long/Short Equity CTA/Managed Futures Equity Fundamental Market Neutral Equity Fundamental Market Neutral Multi-Style Distressed Securities Equity Fundamental Market Neutral

ManagementCompany

TotAsset(M) FundType

Manager

Archipel Asset Management AB 4,757.00 Hedge Fund N.A. Enhanced Investment Products Ltd/Hong Kon 20.91 Hedge Fund TOBIAS BLAND Finaltis SA 14.3 Hedge Fund CHRISTOPHE OLIVIER Transtrend BV 2.12 Hedge Fund N.A. Copernico Capital Partners Ltd 86.1 Hedge Fund FEDERICO CARBALLO East Capital Alternative Investments Ltd/Caym 75.03 Hedge Fund N.A. Coast Asset Management LLC 56 Hedge Fund DAVID E SMITH Amundi Alternative Investments SAS/France 51.34 Hedge Fund DAMIEN BARCHILON Prestinvest Management Ltd Hedge Fund LIONEL O'HANA N.A. Kaiser Trading Group Pty Ltd 39.67 Hedge Fund N.A. Beeland Management Co LLC 43.9 Hedge Fund JAMES BEELAND ROGERS JR JIM Connective Capital Management LLC 41.13 Hedge Fund ROBERT ROMERO JPMorgan Asset Management Europe SARL 43.61 Hedge Fund YAZANN ROMAHI Cranwood Capital Management LLC 4.1 Hedge Fund PETER W. POWERS SG Hambros Fund Managers Jersey Ltd 0.06 Hedge Fund N.A. Man Investments Ltd 117.6 Hedge Fund N.A. Ventura Capital Management LLC 15 Hedge Fund UZI ZIMMERMAN Pilgrim Partners Asia Pte Ltd 7.7 Hedge Fund ALBERT EE MUGC Lux Management SA Hedge Fund N.A. N.A. H3 Global Advisors Pty Ltd/Australia 89.49 Hedge Fund ANDREW KALEEL First Eagle Investment Management LLC/USA 197 Hedge Fund COLIN MORRIS Glaxis Capital Management LLC 91 Hedge Fund PAUL HOLLAND Symphony Asset Management LLC/USA 79.9 Hedge Fund GUNTHER STEIN II PM MONACO Personalized Portfolio Manag 19.32 Hedge Fund ALEXANDRE MAMET ANAXIS S.A. 648 Hedge Fund DAN JELICIC EMF Financial Products LLC 319.04 Hedge Fund ERIC FLANAGAN Quest Partners LLC 25 Hedge Fund NIGOL KOULAJIAN Clareville Capital Partners LLP Hedge Fund DAVID YARROW N.A. Odyssey Investment Management LLC 63 Hedge Fund MIKHAIL FILIMONOV Focus Point Capital LLC 23.34 Hedge Fund CALEB SEVIAN Sloane Robinson LLP Hedge Fund RICHARD CHENEVIX-TRENCH N.A. CDK Investment Management LLC/USA Hedge Fund PETER G C MALLINSON N.A. Premier Asset Management Pty Ltd 2.68 Hedge Fund BRIAN CARLEY Investcorp Investment Advisers Ltd 47 Hedge Fund N.A. GAHF Advisor Ltd 97.14 Hedge Fund BILL KAYE Goldman Sachs International 13.19 Hedge Fund N.A. Blackpoint Management Ltd/Guernsey 2,841.58 Hedge Fund PIERRE DE CROISSET Axiom Asset Management Ltd 15.64 Hedge Fund GEROLD SCHLEGEL Scala Capital Partners Ltd Hedge Fund ROGER METTA N.A. Fuller & Thaler Asset Management 350 Hedge Fund RUSSELL J FULLER FTC Capital GmbH 13.57 Hedge Fund N.A. Bonita Asset Management LLC 7.66 Hedge Fund ANDREW BONITA OFI Asset Management 6.86 Hedge Fund STEPHANE DIEUDONNE Clareville Capital Partners LLP Hedge Fund N.A. N.A. Fulcrum Asset Management LLP/United Kingd 71.71 Hedge Fund N.A. TT International 183.08 Hedge Fund MARK EADY CLC Management LLC 33 Hedge Fund TONY CUTINELLI Brooke Capital Ltd 32.19 Hedge Fund JONATHAN BROOKE Halcyon Advisors Inc 14.19 Hedge Fund DAVID HERNE Summit Street Capital Management LLC 55.54 Hedge Fund JENNIFER WALLACE RBS Luxembourg SA/Luxembourg 1,401.43 Hedge Fund N.A. N.I.S. New Investment Solutions AG 363 Hedge Fund HIDEKI WAKABAYASHI Prosperity Capital Management 129.19 Hedge Fund ALEXANDER MARKOVICH BRANIS Endowment Investments Ltd/Cayman Islands N.A. Hedge Fund N.A. Helvetia Versicherungen/St Gallen Hedge Fund PETER HOWE N.A. Cranwood Capital Management LLC 58.69 Hedge Fund PETER W. POWERS Royce Management Co LLC 103.06 Hedge Fund W WHITNEY GEORGE Man Investments Ltd Hedge Fund N.A. N.A. Caymus Capital Partners LP/USA 99.17 Hedge Fund GREGG A JACOBSON Caymus Capital Partners LP/USA Hedge Fund GREGG A JACOBSON 79.96 CMS Asset Management HK Co Ltd 9.47 Hedge Fund PETER LEUNG Water Island Advisors LLC/USA Hedge Fund JOHN S ORRICO N.A. PAW Capital Partners LP 93 Hedge Fund PETER A WRIGHT

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2143 2144 2145 2146 2147 2148 2149 2150 2151 2152 2153 2154 2155 2156 2157 2158 2159 2160 2161 2162 2163 2164 2165 2166 2167 2168 2169 2170 2171 2172 2173 2174 2175 2176 2177 2178 2179 2180 2181 2182 2183 2184 2185 2186 2187 2188 2189 2190 2191 2192 2193 2194 2195 2196 2197 2198 2199 2200 2201 2202 2203 2204 2205

Ticker
DWMMFAE LX RLCAPTL US MONAPSX ID MSGCRGA KY ERGMXXL BM FULCOA2 KY SAEEALA NA POBTINF KY GEMABSU KY SWIARLS LE METGSTU KY PROMEUR KY PRANALT VI JPVATEA KY PENASEU KY VALSOIA KY STRATHG US FAROTAU KY MANCHCB GU MANAHLC GU MANLDMK LX ISTARSC LX MOMIPS2 CU CSFBRLS KY CFSPSTI US PRIACON SW AVENTFL US GSDSFAU LX PROALAI FP UFGRUSS KY PHARSCF KY FAMFIA2 KY ASHCOBU KY LEOCAPG ID MANJPDB GU MANDVJP GU GLGEOPD KY SHWGBCN KY GLSTRFU SP HENASPF KY NORASXD KY ASHRCAU KY INNYKLN MV GRNITLP US FORINEA BH RILSBND FP RMFISBS KY ZAHIYIC KY ARREITA VI CONCAPO KY EASTEAG KY INGLOBI VI VIVCMOP KY GLCGEEU BH SMIITIC LX PLULSEF ID TURMKNE US VANTGLI KY ARMWOLF US ARTUKHG KY CORPACT KY KEYHDGI VI HSEULAU KY

Name
DWM MICROFINANCE-A RL CAPITAL PARTNERS LP MONSOON ASIA PACIFIC SYST-X MILESTONE GRTER CHN ROT GW-A EP UMBREL- GLOBAL MARK XXL-C FULCRUM COMMODITY FUN LTD-A2 SAEMOR EUROPE ALPHA FUND-A PACTUAL INFINITY FUND LTD GEMS PRO II-ALPHBETA GRWTH-$ TELLCO HEDGE FD LONG & SHORT METAGE GLOBAL STRATEGIES SWAN LONG SHORT EQ SUB-FD-A PRANA FUND LIMITED - CLASS A JP SPC 1-VATEA FUND SP PENGANA ASIA SP EVENT-OS USD VALIANCE-SP OPP CO-INV FD-A CSHG UNIQUE FUND LLC FA SPC-ROIDIA TRDNG SEG P-A$ MAN AHL DIVS GUERNSEY CHF-CB MAN AHL DIVERS GUERNSEY CHF MAN-AHL LANDMARK PRIVIUM SEL SCA-ISTAR SYS-C MAN SERIES 2 OM-IP 220 LTD CSHG FIX FUND SPC-BRL SP CF SPECIAL SITUATION I LP PRISMA ALTERNATIF CONSERVATR AVENUE T FUND LP GS DIVERSIFIED STRATEGIES-A$ CARDIF ALTERNATIVES-I UFG RUSSIA SELECT FUND LTD-A PHAROS SMALL CAP FUND LTD-$ FIDUCIA ASIA BLEND-FAM FI A2 ASHTON-PAULSON CREDIT OP-USD LEO CAPITAL GROWTH SPC MAN AHL DIVS GUERNSEY JPY-DB MAN AHL DIVS GUERNSEY JPY-DA GLG EUROPEAN OPPORTUNITY-D SHENYIN WANGUO GB CHINA ALPH THE GLOBAL STRATEGY FD-I HENDERSON ASIA PACIFIC-ARF $ NORTHWEST CHINA OPPS LTD-A$ ASHTON-PAULSON RECOVERY-USD INNOCAP FD SICAV-YORK LION GRANITE POINT CAPITAL LP-A FORUM INTERNATIONAL EQTY-A RIVOLI LONG/SHORT BOND-P MAN-PREVOY NE DIVERSIF ISB28 ZAZOVE HIGH YIELD CONV SEC-A ARCANUM REIT INVESTMENT-A CONNECTIVE CAPITAL I O/S FD ROMANIAN OPPORTUNITIES FUND INDEX GLOBAL I FUND LTD VIVA CHINA & MACRO OPPORTUN GLC GESTALT EUROPE FUND-A FAGUS MULTIMANAGR-LNG-SHRT-B PLURIMA-UNIFORTUNE T/R F-AIP TURNER MARKET NEUTRAL LP VANTAGE GLOBAL INVESTMENT ARMORED WOLF ALPHA FUND LLC ARTEMIS UK HEDGE FUND LTD-A CORPORACTIVE FUND KEY HEDGE FUND INC-A$ HSBC EUROPE LEVER ALPHA USD

TotRet1Y
-1.15 -1.16 -1.17 -1.17 -1.19 -1.2 -1.21 -1.21 -1.21 -1.21 -1.22 -1.25 -1.26 -1.26 -1.27 -1.28 -1.29 -1.32 -1.33 -1.33 -1.33 -1.33 -1.33 -1.34 -1.36 -1.38 -1.38 -1.39 -1.44 -1.45 -1.45 -1.47 -1.47 -1.48 -1.49 -1.49 -1.51 -1.52 -1.52 -1.53 -1.53 -1.55 -1.55 -1.56 -1.56 -1.59 -1.59 -1.59 -1.6 -1.61 -1.63 -1.64 -1.64 -1.65 -1.65 -1.69 -1.69 -1.72 -1.72 -1.72 -1.74 -1.75 -1.75

ManagementStyle
Asset-Backed Securities Multi-Style CTA/Managed Futures Emerging Market Equity (Alternative funds) CTA/Managed Futures CTA/Managed Futures Equity Fundamental Market Neutral Long Biased Equity Macro Long/Short Equity Long/Short Equity Long/Short Equity Macro Equity Fundamental Market Neutral Merger Arbitrage Multi-Style Long/Short Equity Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Macro Fixed Income Distressed Securities Multi-Style Long/Short Equity Multi-Style Long/Short Equity Emerging Market Equity (Alternative funds) Equity Fundamental Market Neutral Fixed Income Fixed Income Long Biased Equity CTA/Managed Futures CTA/Managed Futures Long/Short Equity Long Biased Equity Multi-Style Long/Short Equity Macro Distressed Securities Merger Arbitrage Long/Short Equity Long/Short Equity Fixed Income Multi-Style Convertible Arbitrage Equity Fundamental Market Neutral Equity Fundamental Market Neutral Long Biased Equity CTA/Managed Futures Macro Equity Statistical Arbitrage Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Long/Short Equity Macro Long/Short Equity Distressed Securities Multi-Style Equity Fundamental Market Neutral

ManagementCompany

TotAsset(M) FundType

Manager

DWM Asset Management LLC Hedge Fund N.A. N.A. RL Capital Management LLC 5.76 Hedge Fund RONALD LAZAR Monsoon Capital LLC 8.42 Hedge Fund GAUTAM A PRAKASH CMS Asset Management HK Co Ltd Hedge Fund N.A. N.A. Estlander & Partners 0.97 Hedge Fund MARTIN ESTLANDER Fulcrum Asset Management LLP Hedge Fund N.A. N.A. Saemor Capital BV 442.35 Hedge Fund SVEN BAKKER BTG Pactual Asset Management SA DTVM/B 12.87 Hedge Fund PATRICK JAMES O'GRADY Gems Management Ltd 11.28 Hedge Fund N.A. Swiss Asset & Risk Management 2.46 Hedge Fund N.A. Metage Capital Ltd 37.5 Hedge Fund RICHARD WEBB Swan Asset Management SA 6.88 Hedge Fund N.A. Prana Capital Singapore Pte Ltd 98 Hedge Fund PEREGRINE CUST Melixia SA 8.47 Hedge Fund N.A. Pengana Capital Ltd/Australia 65.7 Hedge Fund ANTONIO MERONI Valiance Asset Management Ltd Hedge Fund JAN PENSAERT N.A. Credit Suisse Hedging-Griffo Servios Internac 3.79 Hedge Fund LUIS STUHLBERGER Simplon Asset Management Ltd Hedge Fund N.A. N.A. Man Investments Ltd 70.63 Hedge Fund N.A. Man Fund Management Guernsey Ltd/Chann 70.63 Hedge Fund TIMOTHY WONG TIM MUGC Lux Management SA Hedge Fund N.A. N.A. IStar Capital BV Hedge Fund THOMAS ARTARIT N.A. Man Investments Ltd 57.73 Hedge Fund N.A. Credit Suisse Hedging-Griffo Servios Internac 35.64 Hedge Fund ETTORE MARCHETTI Clutterbuck Capital Management LLC 112.77 Hedge Fund ROBERT CLUTTERBUCK Prisma Fondation Suisse d'Investissement/Sw 51.48 Hedge Fund N.A. Avenue T LLC Hedge Fund JEREMY HELLMAN N.A. RBS Luxembourg SA 24.98 Hedge Fund N.A. La Francaise des Placements 18.11 Hedge Fund GUILLAUME MERLE UFG Advisors Ltd 155.7 Hedge Fund FLORIAN FENNER Pharos Financial Advisors Ltd Hedge Fund PETER HALLORAN N.A. Fiducia Asset Management Pte Ltd Hedge Fund N.A. N.A. Ashton Funds Management Ltd Hedge Fund N.A. N.A. Leo Fund Managers Ltd 209.76 Hedge Fund STEFANO ROMA Man Investments Ltd 3,414.79 Hedge Fund TIMOTHY WONG TIM Man Fund Management Guernsey Ltd/Chann 3,414.79 Hedge Fund TIMOTHY WONG TIM GLG Partners Cayman Ltd 30.42 Hedge Fund MARKUS MEZ Hedge Fund N.A. Shenyin Wanguo Asset Management Ltd/HonN.A. Da Vinci Invest Ltd Hedge Fund HENDRIK KLEIN N.A. Henderson Alternative Investment Advisor Ltd 236.91 Hedge Fund JOHN CRAWFORD Northwest Investment Management Ltd 185.3 Hedge Fund DAVID ROGERS Ashton Funds Management Ltd Hedge Fund N.A. N.A. Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Granite Point Capital Management LP 85 Hedge Fund WARREN B LAMMERT FIE Investment Management Ltd Hedge Fund RAM WILLNER N.A. Rivoli Fund Management 63.36 Hedge Fund VINCENT GLEYZE Man Investments AG 57.08 Hedge Fund N.A. Zazove Associates LLC 32.88 Hedge Fund JOHN W ZERWECK Swiss-Asia Financial Services Pte Ltd 3.98 Hedge Fund HENRIK LAULUND Connective Capital Management LLC 19.39 Hedge Fund ROBERT ROMERO Silverbell Capital Ltd 12.86 Hedge Fund N.A. Index Asset Management AG 6.17 Hedge Fund RENE STRITTMATTER Viva Asset Management Cayman Ltd Hedge Fund THOMAS LAM N.A. LRB Ltd 24.61 Hedge Fund LAWRENCE STADEN Unifortune Investment Management Ltd 4.62 Hedge Fund N.A. European and Global Investments Ltd 9.67 Hedge Fund N.A. Turner Investments LP 0.98 Hedge Fund MATTHEW D GLASER Vantage Investment Management Ltd/British V 973 Hedge Fund N.A. Armored Wolf LLC 75 Hedge Fund JOHN B BRYNJOLFSSON Artemis Investment Management LLP 34.5 Hedge Fund TIM STEER Somerley Asset Management Ltd 14.68 Hedge Fund JAMIE CHEUNG Key Capital Management Inc 691.75 Hedge Fund CHRISTOPHER MARTYN JONES Halbis Capital Management UK Ltd Hedge Fund MICHAEL O'MARA N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2206 2207 2208 2209 2210 2211 2212 2213 2214 2215 2216 2217 2218 2219 2220 2221 2222 2223 2224 2225 2226 2227 2228 2229 2230 2231 2232 2233 2234 2235 2236 2237 2238 2239 2240 2241 2242 2243 2244 2245 2246 2247 2248 2249 2250 2251 2252 2253 2254 2255 2256 2257 2258 2259 2260 2261 2262 2263 2264 2265 2266 2267 2268

Ticker
FIREGLO US JBGMEB1 LX GAMMUTI VI PRODERV KY FGLOBAL KY SAXDIVP US TROPHY1 KY SBFXBSS KY HSBCEMN KY PLADYLU KY PREMGDC GU CELSTAE ID QTRFUND NA ADMCABS US FOYEERF BM IGEALIA FP VICTSBE KY OMGO2XD KY MARGRPA VI JABRA1U KY OPTJPFU KY APMQIMA US CADYNAI FP UFGRSEA KY MONTPEF KY BEXDERE KY BERINGN KY AHPALES NA MATHMIB BM MAHLDGD GU OCTEQLU ID REUVCAP US DHPDLLC US EQACTHG FH VANTHOR KY STBJPAL KY BHGG LN CHINANG KY GSABHCU LX GALLSDF VI EMERALT KY SOMCAPP LX LENSKFD KY DYNIOPA CN EXHLTCA LX FUSCMP1 KY CULARIC VI R2MQUAN US FULALAU KY FAARCMA KY TGEMFIU KY ROINTRA US CONBFII ID INVGCRA GU BEAMSBF US BECHOPF KY HSEULAE KY MAAHDAG LX AAALTLS LX CONCMSF BH INNLPCD CN DACGCSE KY LUMRMNA LX

Name
FIREBIRD GLOBAL FUND LP JB MLT FLX-GLOBAL MACRO-B1 GAMUT INVESTMENTS INC PRODIGAL EQTY RELATIVE VALUE FIREBIRD GLOBAL FUND LTD-B SAXON-DIVERSIFIED TROPHY FUND SMART BOX-FX BEHAV STRAT-A HSBC EUROPEAN ALPHA FUND- PLATINUM DYNASTY FUND LTD-A$ PREMIUM PT GLOBAL DYNAMIC-S CELSIUS COMMODITIES ST-AEUR QTR FUND ADMC ABSOLUTE RETURN STR LP FOYIL EAST EUR & RUSSIA-INDI IGEALPHA INDICES-A VICTOIRE SELECT BRAZ EQUITY OMG OPPORTUNITIES TRADING-$ MARTIN GROUP LIMITED ARES-JABRE CAP GL BAL-A1-USD OPTIMAL JAPAN FD USD SERIES APM-QIM FUTURES FUND-A AMUNDI DYNARBITRAGE ACTION-I UFG RUSSIA SELECT FUND LP-A THE MONTPELIER FUND BEXLEY-DERIVATIVES FUND SP-E EAST CAPITAL BERING NEW EUR AHP-ALPHA EUROPEAN SELECT FD MATH FD MNGT-B MICHELANGELO MAN AHL DIVERSIFIED GRNSY A$ OCTAVE EQUITY FUND-L$ REUVEN CAPITAL INVESTMENTS GLOBAL ALPHA PORTFOLIO LLC EQ ACTIVE HEDGE-A VANTAGE HORIZON FUND STB JAPAN L/S FUND I ALPHA BH GLOBAL LTD-GBP SHRS CHINA ANGEL FUND GS-ALTERNAT BETA MACRO-C$H GALIPLAN LNG/SHT DIRECT SP-A EMERALT EMERGING EUROPE-A$ SOMERSET CAP PART VALUE FUND LENSKY FUND DYNAMIC INCOME OPPORTUNIT-A EXANE EQUINOX FUND-A FUSION FEEDER A FUND-CMP1 CULROSS GLOBAL-ARBITRAGE-IS R2M QUANT FUND LP FULCRUM ALPHA FUND LTD-A USD FA SPC-ABS RET CAUTIOUS MA TANDEM GL EMRG MKTS FI UT ROGERS INT RAW MAT FUND LP CONTROLFIDA BASE FUND PLC INVESTEC GLOBAL COMM & RES-A BEAM-SBF PROGRAM BESTONE CHINA OPPORT FUND HSBC EUROPE LEVER ALPHA EURO MAN AHL DIVERSITY MUS D33 AAA ALTERNATIVE-LONG SH-AS FX CONCEPTS SAC LTD - MSF NBCAI CREDIT DISLOCATION-B1 DA CHENG GREATER CHINA SG PT LUMA SIF-REGAL MKT NEUTRAL-A

TotRet1Y
-1.76 -1.76 -1.77 -1.81 -1.81 -1.81 -1.82 -1.82 -1.83 -1.83 -1.85 -1.85 -1.85 -1.9 -1.91 -1.91 -1.91 -1.94 -1.94 -1.96 -1.97 -1.98 -2 -2.01 -2.03 -2.03 -2.03 -2.04 -2.04 -2.05 -2.05 -2.06 -2.06 -2.07 -2.08 -2.08 -2.09 -2.1 -2.1 -2.1 -2.11 -2.11 -2.13 -2.15 -2.16 -2.17 -2.18 -2.18 -2.18 -2.18 -2.19 -2.19 -2.2 -2.22 -2.21 -2.23 -2.23 -2.26 -2.27 -2.27 -2.27 -2.28 -2.31

ManagementStyle
Macro Macro Multi-Style Macro Macro CTA/Managed Futures Long/Short Equity CTA/Managed Futures Equity Fundamental Market Neutral Equity Fundamental Market Neutral Multi-Style CTA/Managed Futures Macro CTA/Managed Futures Emerging Market Equity (Alternative funds) Macro Long Biased Equity Long/Short Equity Equity Statistical Arbitrage Multi-Style Long/Short Equity CTA/Managed Futures Equity Statistical Arbitrage Emerging Market Equity (Alternative funds) Multi-Style Multi-Style Emerging Market Equity (Alternative funds) Long/Short Equity Multi-Style CTA/Managed Futures Equity Statistical Arbitrage Long/Short Equity Multi-Style Multi-Style Long/Short Equity Long/Short Equity Macro Equity Fundamental Market Neutral Macro Long/Short Equity Emerging Market Equity (Alternative funds) Macro Long/Short Equity Long/Short Equity Long/Short Equity Multi-Style Multi-Style Equity Statistical Arbitrage Macro Macro Emerging Market Debt CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long/Short Equity Equity Fundamental Market Neutral CTA/Managed Futures Long/Short Equity CTA/Managed Futures Multi-Style Multi-Style Equity Fundamental Market Neutral

ManagementCompany

TotAsset(M) FundType

Manager

FGS Advisors LLC 102.95 Hedge Fund JAMES C PASSIN swisspartners Investment Network AG 46.64 Hedge Fund MARKUS LINKE GAM International Management Ltd 241.19 Hedge Fund BRUCE S KOVNER Prodigal Pty Ltd Hedge Fund MICHAEL MUNNS N.A. FGS Advisors LLC 103.06 Hedge Fund JAMES C PASSIN Saxon Investment Co 26.8 Hedge Fund HOWARD SEIDLER Trophy Asset Management Ltd 22.6 Hedge Fund KENNETH HUNG KAM BIU Smart Box Capital SPC Hedge Fund HADAR SWERSKY N.A. Halbis Capital Management 293.4 Hedge Fund MICHAEL O'MARA Platinum Trading Management Ltd Hedge Fund PETER SPRECHER N.A. Credit Suisse Asset Management Ltd 255.27 Hedge Fund N.A. Barclays Funds and Advisory 8.8 Hedge Fund N.A. QTR Invest BV 1.37 Hedge Fund BAS NAGTZAAM Acorn Derivatives Management Corp 16 Hedge Fund WILLIAM MELVIN Foyil Asset Management Ltd/Bahamas 6.37 Hedge Fund DORIAN FOYIL IGEA Finance 3.08 Hedge Fund FREDERIC BIGIO Victoire Brasil Investimentos Administracao d N.A. Hedge Fund ANDRE CAMINADA OMG Capital LLP 475 Hedge Fund RICHARD O'HARE Banca Zarattini & Co SA 22.39 Hedge Fund N.A. Merrill Lynch International Hedge Fund N.A. N.A. Optimal Fund Management Pty Ltd 13.3 Hedge Fund WARWICK JOHNSON Altegris Portfolio Management Inc/USA 129.62 Hedge Fund MATTHEW OSBORNE Amundi SA 13.66 Hedge Fund OLIVIER AVERTIN UFG Advisors Ltd 155.7 Hedge Fund VADIM OGNESHCHIKOV Montpelier Asset Management Ltd 72.77 Hedge Fund NICHOLAS N COURNOYER Bexley Management Ltd Hedge Fund N.A. N.A. East Capital Alternative Investments Ltd/Caym 18.68 Hedge Fund PETER ELAM HAKANSSON Inmaxxa BV 3.18 Hedge Fund PETER BRANDS Winterban Investment SA 1.8 Hedge Fund N.A. Man Fund Management Guernsey Ltd/Chann 493.58 Hedge Fund TIMOTHY WONG TIM Octave Investment Management LLP 24 Hedge Fund TARUN JOSHI Reuven Partners LLC 15 Hedge Fund YARON REUVEN RON Dix Hills Associates LLC 9 Hedge Fund JOSEPH BAGGETT eQ Fund Management Co Ltd/Finland 16.91 Hedge Fund N.A. Vantage Investment Management Ltd/British V 384 Hedge Fund N.A. Sumitomo Trust Finance Limited/Hong Kong N.A. Hedge Fund N.A. Brevan Howard Capital Management LP Hedge Fund N.A. N.A. China Angel Fund Management Co Ltd/Hong 214.7 Hedge Fund HOWARD JIANG Goldman Sachs Asset Management Internatio 9.44 Hedge Fund N.A. GALIPLAN Financial Services GmbH Hedge Fund MAX LENZENHUBER N.A. EME Partners AB 60 Hedge Fund DANIEL DINEF Hedge Fund JOES DAEMEN Somerset Capital Partners Management SAR N.A. Rioni Capital Partners LLP 28.1 Hedge Fund KAHA KIKNAVELIDZE Goodman & Co Investment Counsel Hedge Fund OSCAR BELAICHE N.A. Exane Asset Management/France 80.07 Hedge Fund DAVID NIKODEM Fusion Asset Management LLP 55.35 Hedge Fund ANTON ZHEREBTSOV MS Investment Management Ltd 33 Hedge Fund N.A. NovoDyn Advisors LLC 2.4 Hedge Fund JOHN J LAUGHLIN Fulcrum Asset Management LLP Hedge Fund N.A. N.A. Absolute Return Capital Management LLP Hedge Fund MATT WILLIAM BRITTAIN N.A. Tandem Global Management LP 2,410.00 Hedge Fund RUGGERO DE ROSSI Beeland Management Co LLC 28.1 Hedge Fund JAMES BEELAND ROGERS JR JIM Controlfida Management Co Ltd 68.44 Hedge Fund ALESSANDRO DI CARPEGNA Investec Asset Management Guernsey Ltd/Un 378.64 Hedge Fund BRADLEY GEORGE Bayesian Efficient Asset Management LLC 3 Hedge Fund JOSE MARIO QUINTANA Bestone Asset Management Co Ltd 14.35 Hedge Fund GESHENG FEI Halbis Capital Management UK Ltd Hedge Fund MICHAEL O'MARA N.A. Man Investments Luxembourg SA 88.38 Hedge Fund TIMOTHY WONG TIM EIM SA 24.78 Hedge Fund ERIC BISSONNIER FX Concepts LLC 10.21 Hedge Fund JOHN R TAYLOR JR Innocap Investment Management Inc Hedge Fund N.A. N.A. Da Cheng International Asset Management C 1.43 Hedge Fund RAYMOND SEN RBS Luxembourg SA/Luxembourg Hedge Fund N.A. N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2269 2270 2271 2272 2273 2274 2275 2276 2277 2278 2279 2280 2281 2282 2283 2284 2285 2286 2287 2288 2289 2290 2291 2292 2293 2294 2295 2296 2297 2298 2299 2300 2301 2302 2303 2304 2305 2306 2307 2308 2309 2310 2311 2312 2313 2314 2315 2316 2317 2318 2319 2320 2321 2322 2323 2324 2325 2326 2327 2328 2329 2330 2331

Ticker
HGCTLSA KY FULPEUA LX PEAKPAR US FXCGMMS US OTUSRLF VI HIGHWDIV CN GLCDVA1 BH MANUSGA BH ALTQCMG MV MARSFIN US EDFDGLI ID TIGOPPF LE STELLAN SS GLCBTA1 BH UGFMSTA KY ARGFNDI KY MONABSA KY ATMOSBE KY UGHDSOA KY THOTHFD VI PERSIST US TURGCON US CRINPAR US COLOCOM US RACCELO EK RIVEQDD FP DYNPEMKF CN NSCCTAE LX ALPGHOA KY TRDVLTD KY EQUPARA US HERMGLB KY SWGBMHD LX ALPQSTP US CRCAPLP US PEAKOSU KY PASDVTR US VEGASOU KY ALPMHFD KY CRCALTD KY SINGLMH FP FIPIIIL US OPTOPPI BH INVABRT BH SEVHILL US OSMOGEP VI PACAVAN US TURIIAE LX GLPAOFF KY DBAHI1C LX BPIGLOP CN MULTIGS LE FINIPLP US PYTASPA KY GLGALPA KY QAMGLEQ VI ALPHMHA GR MMLUALA LX EVGRAEA AU LLSEVIU LX STRATUD VI FRIVFLP US DIGAGAU KY

Name
HUAAN GEN CH THMATC LS SP-A FULCRUM ALTER BETA+ DAILY-E PEAK PARTNERS LP FXC GLBL FD MST TR-MULT-STRA QCM GDP OTUS REDUCED LEV P-F HIGHWATER DIVERSIFIED OPPORT GLC DIVERSIFIED FUND-A1 MAN SYNERGY-USD GUAR BD-TR A INNOCAP QCM GDP SUB-FUND MARATHON SYSTEM FINANCIAL MAN AHL DIVERSIFIED PLC TC GLOBAL OPPORTUNITY FUND STELLA NOVA GLC BEHAVIOURAL TREND FD-A1 FORMOSA ASIA OPP-UG GR CMS-A THE ARGO FUND LIMITED MONEDA ABSOLUTE RETURN FD-A ATMOS FUND-BRAZIL EQUITIES UG HID DRAG SPECIAL OPPORT-A THOTH FUND LTD-B PERSISTIX CAPITAL PARTNER LP TURNER GLOBAL CONSUMER LP CRITERION INSTIT PART LP COLOCAP COMMODITIES PART LP REGENT ACCELERATOR FUND RIVOLI EQUITY FUND USD DYNAMIC POWER EMERG MKTS-F NS SELECT CAPITRADE CTA-EUR ALPHAGEN HOKUTO FUND LTD-A$ TRADER CAPITAL-VOLTAGE FD EQUANUM PARTNERS LLC-A HERMITAGE GLOBAL - A SWEDBANK RB2-GB MACRO HDGE-D ALPHAQUEST SHORT TERM PROGRM CRITERION CAPITAL PART LP PEAK PARTNERS OFFSHORE FUND PASKEWITZ-MULT-ST FUTURE PRG VEGASOUL FUND ALPHAGEN MULTI-HEDGE FUND-D CRITERION CAPITAL PART LTD GLOBAL MACRO ELITE-H FINANCIAL INST PARTNERS III OPTIMA OPPORTUNITY FUND-A INVENTUM ABSOLUTE RETURN FD SEVEN HILLS CAPITAL PARTNERS OSMOSE GLOBAL EQUITY PORTF-B PACIFIC CAPITAL ADV-VANGUARD TURQUOISE II FUND LTD-A EUR GLOBAL PARTNERS OFFSHORE LP DB PLATINUM AIMHEDGE IDX-I1C CI GLOBAL OPPORTUNITIES I-A MULTI GLOBAL STRATEGY FUND FINANCIAL INST PARTNERS LP PRYSMA TACTICAL ALLOCAT SP-A GLG ALPHA SELECT FUND-A USD QAM GLOBAL EQUITIES FUND LTD ALPHA STRATEGIEN FUTURE -A LUX ALTERNATIVE-ONE EVERGREEN AUST EQUITIES RT-A LYXOR EQ VAR BIAS INDEX-I$ STRATUS FUND LTD-D- STD LEV FALL RIVER FUND LP DIGHTON-AGGRESSIVE SP-A$

TotRet1Y
-2.32 -2.33 -2.33 -2.34 -2.35 -2.35 -2.37 -2.37 -2.39 -2.4 -2.41 -2.41 -2.43 -2.43 -2.45 -2.45 -2.45 -2.47 -2.47 -2.48 -2.49 -2.49 -2.5 -2.5 -2.5 -2.51 -2.52 -2.53 -2.56 -2.57 -2.58 -2.59 -2.6 -2.6 -2.6 -2.61 -2.61 -2.61 -2.63 -2.65 -2.65 -2.66 -2.67 -2.68 -2.68 -2.68 -2.68 -2.7 -2.69 -2.71 -2.71 -2.71 -2.72 -2.72 -2.72 -2.74 -2.78 -2.79 -2.79 -2.79 -2.81 -2.81 -2.81

ManagementStyle
Emerging Market Equity (Alternative funds) Multi-Style Macro CTA/Managed Futures Macro Multi-Style Multi-Style Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long/Short Equity Equity Fundamental Market Neutral CTA/Managed Futures Multi-Style Emerging Market Debt Multi-Style Long Biased Equity Multi-Style Multi-Style Long Biased Equity Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) CTA/Managed Futures Long/Short Equity Macro Long/Short Equity Emerging Market Equity (Alternative funds) Multi-Style CTA/Managed Futures Long/Short Equity Macro CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity Macro Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Long Biased Equity CTA/Managed Futures Multi-Style Multi-Style CTA/Managed Futures Macro Macro Long/Short Equity Macro Equity Fundamental Market Neutral Long/Short Equity CTA/Managed Futures Multi-Style Long/Short Equity Long/Short Equity Multi-Style CTA/Managed Futures Macro

ManagementCompany

TotAsset(M) FundType

Manager

HuaAn Asset Management HK Ltd Hedge Fund N.A. N.A. RBS Luxembourg SA 266.11 Hedge Fund N.A. Mount Lucas Management Corp 159.03 Hedge Fund TIM RUDDEROW FX Concepts LLC 1.21 Hedge Fund JOHN R TAYLOR JR Quality Capital Management Ltd 0.93 Hedge Fund AREF KARIM Highwater Capital Management Corp Hedge Fund ARA NALBANDIAN N.A. LRB Ltd 81.86 Hedge Fund LAWRENCE STADEN Man Fund Management Guernsey Ltd/Chann 40.5 Hedge Fund N.A. Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Marathon Capital Growth Partners LLC 0.83 Hedge Fund ROBERT ECKE Man Fund Management 1,834.58 Hedge Fund TIMOTHY WONG TIM IFM Independent Fund Management AG/Liec 3.5 Hedge Fund MARCO GEMMA Stella Asset Management AB 313.38 Hedge Fund ANDREAS OLSSON LRB Ltd 18.92 Hedge Fund N.A. UG Investment Advisers Ltd 294.93 Hedge Fund N.A. Argo Capital Management Cyprus Ltd 81.37 Hedge Fund ANDREAS RIALAS Moneda International Inc/British Virgin Islands 55.01 Hedge Fund JUAN LUIS RIVERA Atmos Capital Gestao de Recursos Ltda Hedge Fund LUCAS BIELAWSKI N.A. UG Investment Advisers Ltd 165.26 Hedge Fund N.A. Thoth Capital Management Ltd 3.2 Hedge Fund SERGEY PANOV Persistix Capital Management LLC 5 Hedge Fund ILAN RAAB Turner Investments LP 0.92 Hedge Fund JASON D SCHROTBERGER Criterion Capital Management LLC 138.64 Hedge Fund CHRISTOPHER H LORD Coloma Capital Futures LLC 1.4 Hedge Fund DAVID W BURKART Regent Asset Management Ltd/St Vincent and 1.03 Hedge Fund PETER KAISER Rivoli Fund Management/France 5.56 Hedge Fund N.A. Goodman & Co Investment Counsel 19.89 Hedge Fund ROHIT SEHGAL Notz Stucki Europe SA 19.68 Hedge Fund N.A. Henderson Alternative Investment Advisor Ltd 369.36 Hedge Fund JOHN STEWART Trader Capital Management 4.14 Hedge Fund N.A. Equanum Capital Management Pte 21 Hedge Fund KALPESH KAPADIA Hermitage Capital Management Ltd/Channel N.A. Hedge Fund N.A. Swedbank Robur Fonder AB/Sweden 164.13 Hedge Fund ANDERS BERGH Quest Partners LLC 126 Hedge Fund NIGOL KOULAJIAN Criterion Capital Management LLC 27.86 Hedge Fund CHRISTOPHER H LORD Mount Lucas Management Corp 150.68 Hedge Fund TIM RUDDEROW Paskewitz Asset Management LLC 119 Hedge Fund BRADFORD PASKEWITZ Vegasoul Capital Management Ltd 50 Hedge Fund VINCENT WONG Gartmore Investment Ltd/United Kingdom 65.94 Hedge Fund N.A. Criterion Capital Management LLC 465.53 Hedge Fund CHRISTOPHER H LORD HSBC Global Asset Management France SA 35.28 Hedge Fund ANNE-MARIE VIGNEULLE Hovde Capital Ltd 42 Hedge Fund ERIC D HOVDE Optima Fund Management LLC 7.01 Hedge Fund N.A. Inventum Asset Management SA 9.24 Hedge Fund SAMIT YAKOVLEV Thompson Davis Asset Management/USA 8.7 Hedge Fund WILLIAM D DAVIS JR Osmose Management Ltd/British Virgin Island 7.09 Hedge Fund N.A. Pacific Capital Advisors Inc 5.2 Hedge Fund ROBERT J HARTMAN SG Hambros Fund Managers Jersey Ltd 375 Hedge Fund ALEXANDRE LABBE CLC Management LLC 53 Hedge Fund TONY CUTINELLI db Platinum Advisors SA 15.82 Hedge Fund N.A. BPI Global Asset Management 15.31 Hedge Fund NANDU NARAYANAN IFM Independent Fund Management AG/Liec 9.17 Hedge Fund N.A. Hovde Capital Advisors LLC 112 Hedge Fund ERIC D HOVDE Teorema Asset Management Ltd/Cayman Isla 24 Hedge Fund N.A. GLG Partners Cayman Ltd Hedge Fund JASON MACKAY N.A. Capital FM Ltd 20 Hedge Fund FRANK HOLLE SEB Master KAG mbh/Germany 13.38 Hedge Fund ALEXANDER MEHSER WARBURG INVEST LUXEMBOURG SA 169.7 Hedge Fund N.A. Evergreen Capital Partners Pty Ltd 142 Hedge Fund TIM HANNON Lyxor Asset Management Luxembourg SA 5 Hedge Fund N.A. Capital Fund Management SA 295.25 Hedge Fund N.A. Fall River Capital LLC 9.2 Hedge Fund CHARLES F WRIGHT Dighton Capital Management 6.47 Hedge Fund ALEX MOISEEV

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2332 2333 2334 2335 2336 2337 2338 2339 2340 2341 2342 2343 2344 2345 2346 2347 2348 2349 2350 2351 2352 2353 2354 2355 2356 2357 2358 2359 2360 2361 2362 2363 2364 2365 2366 2367 2368 2369 2370 2371 2372 2373 2374 2375 2376 2377 2378 2379 2380 2381 2382 2383 2384 2385 2386 2387 2388 2389 2390 2391 2392 2393 2394

Ticker
MILENTG BH EMASBF2 KY HDGENLP US HDGENLT KY FINEQYA KY IPMFXUC ID A2CT2CO KY TRGLOPA MV STRATFD VI JYHGMNA DC SQEBLBE KY BLUSQEI VI FASETEU ID DRURDIV US TURMDSC US LNGCHGR KY CAAMDCA LX CANEURM KY TWNTRCP US NORNRWA KY 4XMUCRU BH FLOWGAE KY MARSDIV US SWCURHD LX INDOPPT KY IPAPAC8 AU QQMEQHD SS RIVERPA KY MANSR11 CU APMGLTA KY STRATUB VI MLISZD1 LX MARSCFE US TRIMARC US ESROGLB BM MST15SV CU BAOGELP US GLOEDGE TL STRATFB VI EGEMKLS KY MARCGRU BH AKTAGTA SS MOMSR10 CU FISDIVC KY EQTRUSA LX MARPLUS US EPICJPF KY MAACEIG BH LBNCHPO KY LABMARB KY STAMWIF VI ALTVERS MV GLMACMS US KAOVLA1 NA SIBCUMA KY TIASSTR KY AMNGUSB BH ORCHIDE FP SAXAGDI US RIEMOPP KY MAPLEFA BH TRIUMII US RTSGLLP US

Name
SPHEREINVEST GLBL HIGH YLD-A EMERGING ASSET-BACKED FD 2-A HEDGENERGY PARTNERS LP HEDGENERGY OFFSHORE FD LTD FINEVO EQUITY SP A IPM UCITS-IPM FX UCITS FD-M$ A2CT2-COMMODITIES ABSOL-A$ TREVOSE GLOBAL OPPORTUNITY-A STRATUS FEEDER-D- STAND LEV JYSKE INV HEDGE MARKNEUT AKT SQUADRA EQ-BRAZIL LONG BIAS BLUE SQUARE EQTY INV LTD-A FINALTIS-ALPHASQUARE SYST-A DRURY DIVERSIFIED FUND LP TURNER GLOBAL MEDIC SCIEN LP LONGRUNNER CHINA GROWTH FUND AMUNDI-ABS STAT ARBIT-AEC MATRIX PAN EUROPEAN EQUIT-E TWIN TREE CAPITAL PARTNERS NORTHWEST FUND LTD-A USD 4X MULTI CURRENCY SUBFUND-$ FLOW EAST GROWTH MARKETS-A MARATHON SYSTEM DIVERSIFIED SWEDBANK R2-CURRENCY HEDGE-D INDIGO OPPORTUNITY FUND LTD 8IP ASIA PACIFIC PARTNERS FD QQM EQUITY HEDGE RIVERPLUS FUND-A MAN SERIES 11 OM-IP 220 LTD BELMONT GLOBAL TREND FUND-A STRATUS FUND LTD-B-$ STD LEV MLIS ZWEIG-DIMENNA US LS-B MARATHON SYS CURR FIN & ENER TRIMARC CAPITAL FUND LP EP UMBREL GLOB MARKETS XXL-B MAN SERIES 2 OM-IP 15SEVEN L BAOCHUAN GLOBAL EQUITY FD LP GLOBAL EDGE LTD STRATUS FEEDER-B-$ STAND LEV E FUND GLOBAL EMMKTS LG-SH-B MARTIN CUR ARF-GLBL RES-USD AKTIE-ANSVAR GRAAL TRENDHG-A MAN SERIES 10 OM-IP 220 LTD FISCH TREND MULI MANAGER-M TRANSTREND EQUITREND USD-A MARATHON PLUS PORTFOLIO EPIC PROWESS OF JAPAN DI JPY MATRIX ASCNSION CLSED END-I LBN CHINA+ OPPORTUNITY FUND CREDIT SUISSE MER ARB LIQ-B WINTON FUTURES FUND LTD-B$ INNOCAP VERSO SUB-FUND GLOBAL MACRO MULTI-STRATEGY KEMPEN ALLOCATION OVERLAY-A SIBILLA CAP-SIBILLA CUMANA TITAN ASIA VOLATILITY FUND AHLI MAN 220 GARANT-USD BDS ORCHIDEE I LONG/SHORT SAXON-AGGRESSIVE DIVERSIFIED RICHLAND EMERG OPPORT FND MAPLERIDGE FUND LTD-CL A TRIUMPH FUND II LP RTS GLOBAL FUND LP

TotRet1Y
-2.82 -2.83 -2.83 -2.84 -2.84 -2.85 -2.85 -2.87 -2.87 -2.88 -2.9 -2.9 -2.92 -2.93 -2.93 -2.93 -2.94 -2.96 -2.97 -2.98 -2.98 -2.99 -3.04 -3.06 -3.07 -3.08 -3.1 -3.11 -3.13 -3.15 -3.17 -3.17 -3.17 -3.2 -3.2 -3.21 -3.21 -3.22 -3.22 -3.23 -3.23 -3.24 -3.24 -3.24 -3.24 -3.24 -3.25 -3.25 -3.26 -3.26 -3.28 -3.3 -3.31 -3.32 -3.33 -3.35 -3.38 -3.39 -3.41 -3.41 -3.42 -3.44 -3.46

ManagementStyle
Fixed Income Asset-Backed Securities Long/Short Equity Long/Short Equity Long/Short Equity Macro CTA/Managed Futures Multi-Style Multi-Style Equity Fundamental Market Neutral Long Biased Equity Long/Short Equity Equity Statistical Arbitrage CTA/Managed Futures Long/Short Equity Equity Statistical Arbitrage Equity Statistical Arbitrage Long/Short Equity Macro Multi-Style CTA/Managed Futures Macro CTA/Managed Futures Multi-Style CTA/Managed Futures Equity Fundamental Market Neutral Equity Fundamental Market Neutral Long/Short Equity Macro CTA/Managed Futures Multi-Style Long/Short Equity CTA/Managed Futures Capital Structure/Credit Arbitrage CTA/Managed Futures Macro Emerging Market Equity (Alternative funds) Macro Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity Macro CTA/Managed Futures Equity Statistical Arbitrage CTA/Managed Futures Long/Short Equity CTA/Managed Futures Long/Short Equity Merger Arbitrage CTA/Managed Futures Multi-Style Macro Multi-Style Macro Multi-Style Multi-Style Long/Short Equity CTA/Managed Futures Long/Short Equity CTA/Managed Futures Long/Short Equity CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType
Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
JOSEPH STRUBEL AMAURY FONSECA JUNIOR B J WILLINGHAM B J WILLINGHAM N.A. BJORN OSTERBERG CHRISTIAN SCHAER N.A. N.A. N.A. GUILHERME ACHE N.A. REMY CROISILLE BERNARD V DRURY VIJAY SHANKAREN LIU YONG OLIVIER AVERTIN JOHN K BARDEN MICHAEL PRESLEY DAVID ROGERS N.A. N.A. ROBERT ECKE STEFAN JARUDD DREW GILBERT KERRY SERIES JONAS SANDEFELDT N.A. N.A. N.A. N.A. N.A. ROBERT ECKE MICHAEL TRICA MARTIN ESTLANDER N.A. JONATHAN MASSE N.A. N.A. CHARLES H WANG DUNCAN GOODWIN N.A. N.A. KURT FISCH N.A. ROBERT ECKE KATSUHIKO HIGUCHI N.A. LILIAN CO JORDAN DRACHMAN DAVID WINTON HARDING N.A. TONY HSU IVO KUIPER LORENZO DI MATTIA RUSSELL H ABRAMS N.A. DANIEL LARROUTUROU HOWARD SEIDLER ALEX AU RANDAL J SELKIRK WILLIAM HARNISCH N.A.

SphereInvest Group Ltd 310.29 Vision Investments LLP 200.73 Moncrief Willingham Energy Advisers LP/USA 27 Moncrief Willingham Energy Advisers LP/USA 27 Finstoy SA N.A. IPM Informed Portfolio Management AB 85.97 A2CT2 Ltd 13.9 Trevose Capital Management LLP 2.98 Capital Fund Management SA N.A. Hedgeforeningen Jyske Invest/Denmark 128.34 Squadra Investmentos - Gestao de Recursos 90.4 Princes Gate Investment Advisory SA/Switzer 15.23 Finaltis SA 19.38 Drury Capital Inc 8.86 Turner Investments LP 0.72 Guoyuan Asset Management Hong Kong Ltd N.A. Amundi Luxembourg SA 55.3 Matrix Alternative Asset Management LLP/Un 12.28 Twin Tree Capital Management LLC 45.76 Northwest Investment Management Ltd 391.43 Black Castle Asset Management AG N.A. Azure Wealth LLP 2.01 Marathon Capital Growth Partners LLC/USA 20.47 Swedbank Robur Fonder AB/Sweden 4.89 Vermillion Asset Management LLC 10.2 Eight Investment Partners Pty Ltd/Australia 9.05 QQM Fund Management AB N.A. Lambda Capital Group AG 35.39 Man Investments Ltd 115.69 Altegris Portfolio Management Inc/USA 12.66 Capital Fund Management SA 510.22 Zweig-DiMenna International Managers 10.37 Marathon Capital Growth Partners LLC/USA 4.69 Oakum Bay Capital LLC 49.76 Estlander & Partners Ltd/Finland 0.55 Man Investments Ltd 55.73 Baochuan Capital Management LLC 5.2 Global Edge Managers Inc 3 Capital Fund Management SA N.A. E Fund Management/Hong Kong N.A. Martin Currie Investment Management Ltd N.A. Aktie-Ansvar AB/Sweden 328 Man Investments Ltd 116.23 Fisch Asset Management AG 21.52 Transtrend BV 10.98 Marathon Capital Growth Partners LLC 1.37 Epic Partners Investments Co Ltd 19,936.54 Matrix Bermuda Ltd 16.25 LBN Advisers Ltd 184 Credit Suisse Asset Management LLC 35.78 Winton Capital Management Ltd 10,307.44 Innocap Global Investment Management Ltd N.A. Alethea Capital Management LLC 49.32 Kempen Capital Management NV 124.71 Sibilla Capital Management LLC N.A. Titan Capital Group III LP 40 Man Investments/United Kingdom N.A. Orchidee Finance SA 12.67 Saxon Investment Co 188.9 Richland Asset Management Ltd 32.93 Mapleridge Capital Co 13 Peconic Partners LLC 20.88 Ramius Trading Strategies LLC 49

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2395 2396 2397 2398 2399 2400 2401 2402 2403 2404 2405 2406 2407 2408 2409 2410 2411 2412 2413 2414 2415 2416 2417 2418 2419 2420 2421 2422 2423 2424 2425 2426 2427 2428 2429 2430 2431 2432 2433 2434 2435 2436 2437 2438 2439 2440 2441 2442 2443 2444 2445 2446 2447 2448 2449 2450 2451 2452 2453 2454 2455 2456 2457

Ticker
JLCLGFL FP CRMAFBU ID TRWEQTY NA ICABETB FH CAPITFD KY BSMACRO US GMLACTR US KNIASPR VI BSMACOV KY SBLKEYA ID WATSABR AU A1FUND KY WERLQEE JY DEXLSEQ FP MANAHTA LX TWCRMCE CN LIBCOMM US GAMAHUO VI CRITHOR US ADLPEUS KY DAVCIOP KY HMILFST LE ALBPDIV LX BRALOPP US FULCMZU LX FINIPLT KY RHAL1XL VI ERTHWIN KY JPFSEDL LX 7HABSAE LX RBAMENH MV CHEUEDA KY CCEMREN KY INNCEED MV CRITOFF KY GAMASIA VI LIBWLPT US GLBDSCB BM GALENAL KY AISMERC KY ARBATGR KY INVICTA US KENGLRL KY AMPDYAU KY SOLASCP US CKFXFPM US INVOPPD VI TIEDSLP US GOCMBPO US GOCMBPO VI TROPHLV KY PANNOTI VI ROBMETH US GLGATLA KY METEURO KY OTUSSPU VI GLBZFDA KY GWCRICA JY THBGDVA KY MANSER7 CU DEXSYST FP EQUOFFA KY ESSCAPM US

Name
JLC LONG FLAT CROWN MANAGED FUTURES-B$ TRADEWIND EQUITY FUND ICECAPITAL ALTERNATIV BETA-B THE CAPITAL FUND LIMITED-A COVEPOINT EMERG MKTS MACRO GML AGRICULTURAL COMM TR FIN KNIGHT ASIA CONTRARIAN FUND COVEPOINT EMERG MKTS MAC OV 36 SOUTH-36 SOUTH BLK EYR-A WAVESTONE CAP ABSOLUTE RETN A1 FUND-B WERMUTH LEV QUANT EST EUR IC DEXIA LG SHRT RISK ARBIT MAN AHL TREND EUR D TWC RISK-MNGED CANADIAN ENER LIBERTY COMMODITY PRTNRS LP GAM ASIAN EQ HEDGE-USD OPEN CRITERION HORIZONS FUND LP ADELPHI EMERGING EUROPE USD DA VINCI CIS OPPORTUNITIES HMI ANLAGEFONDS-LFG STRATEGY ALBATROS PERF SICAV-DIVERSIF BRANZAN ALTER OPPORT FD LLLP FULCRUM COMMODITY-Z$ FINANCIAL INST PARTNERS LTD RHO FUND SPC-ALTIUS 1XL SP- EARTH WIND AND FIRE LTD-AU JPMF-EUR DYNAMIC L/S-A103 7H-ABSOLUTE-A EUR RBAM ENHANCED RETURN FUND CHEYNE EUROPEAN EVENT DRIV-A CONNECTIVE CAPITAL EM ENERGY INNOCAP CHEYNE EUROPEAN EV D CRITERION HORIZONS OFFSHORE GAM ASIAN EQ HEDGE-YEN OPEN LIBERTY WEALTH PROTECTION LP GLOBAL DISCOVER FUND-B GALENA FUND LTD-A$ THE MERCHANT COMMODITY FUND ARBAT GLOBAL FUNDS - MIN RES INVICTA FUND LLC KENMAR GLOBAL RESOURCE-L AMPLITUDE DYNAMIC-C USD SOLAS CAPITAL PARTNERS LP CLARKE-FX&FINANCIAL PROGRAM INVESTMENT OPPORTUNITY FD-D TIEDEMANN SELECT LP GOLDSTEIN CAP MAN BND PTF LP GOLDSTEIN CAP MAN BND PTF OS TROPHY LV FUND-USD PANNOTIA FUND LTD ROBUST METHODS LLC GLG ATLAS MACRO FUND-A MET EUROPA FUND LTD QCM GDP OTUS STANDARD PORT-B BCDX BRAZIL FUND - CL A SP-A GROWTH CREDIT FUND IC-A THAYER BROOK GLOB DIV LTD-A MAN SERIES 7 OM-IP 220 LTD DEXIA SYSTEMAT EQUANUM OFFSHORE FUND-A ESS CAPITAL MANAGEMENT LP

TotRet1Y
-3.47 -3.49 -3.52 -3.53 -3.53 -3.54 -3.54 -3.54 -3.54 -3.55 -3.58 -3.58 -3.58 -3.59 -3.66 -3.66 -3.68 -3.69 -3.7 -3.7 -3.72 -3.72 -3.73 -3.74 -3.75 -3.75 -3.76 -3.78 -3.79 -3.8 -3.81 -3.82 -3.82 -3.82 -3.85 -3.86 -3.88 -3.88 -3.89 -3.9 -3.9 -3.91 -3.93 -3.97 -3.97 -3.98 -4 -4 -4.01 -4.01 -4.01 -4.01 -4.02 -4.03 -4.03 -4.04 -4.06 -4.06 -4.06 -4.08 -4.11 -4.11 -4.12

ManagementStyle
CTA/Managed Futures Macro Long/Short Equity Multi-Style Macro Emerging Market Debt Fixed Income Long/Short Equity Emerging Market Debt Multi-Style Long/Short Equity Long Biased Equity Macro Merger Arbitrage CTA/Managed Futures Long Biased Equity CTA/Managed Futures Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Multi-Style Long/Short Equity CTA/Managed Futures Macro CTA/Managed Futures Long/Short Equity CTA/Managed Futures Multi-Style Long/Short Equity Long/Short Equity Multi-Style Merger Arbitrage Equity Fundamental Market Neutral Merger Arbitrage Long/Short Equity Long/Short Equity Macro Multi-Style CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity Multi-Style CTA/Managed Futures Long/Short Equity CTA/Managed Futures CTA/Managed Futures Multi-Style Mortgage-Backed Arbitrage Mortgage-Backed Arbitrage Long/Short Equity Long/Short Equity CTA/Managed Futures Macro Long/Short Equity Macro Multi-Style Multi-Style Multi-Style Macro CTA/Managed Futures Long/Short Equity Multi-Style

ManagementCompany

TotAsset(M) FundType
20.07 Hedge Fund Hedge Fund Hedge Fund 18.5 Hedge Fund 1.2 Hedge Fund 189.86 Hedge Fund 9.77 Hedge Fund Hedge Fund Hedge Fund Hedge Fund 82.2 Hedge Fund 3.92 Hedge Fund 0.85 Hedge Fund 116.97 Hedge Fund 223.7 Hedge Fund Hedge Fund 6.97 Hedge Fund 11.17 Hedge Fund 200.56 Hedge Fund Hedge Fund 30 Hedge Fund 1.7 Hedge Fund 8.84 Hedge Fund 11.67 Hedge Fund 205.27 Hedge Fund 6 Hedge Fund 3.06 Hedge Fund Hedge Fund 403.23 Hedge Fund Hedge Fund 7.33 Hedge Fund 410 Hedge Fund 0.2 Hedge Fund Hedge Fund 673.63 Hedge Fund 11.17 Hedge Fund 29 Hedge Fund Hedge Fund 695 Hedge Fund 224 Hedge Fund Hedge Fund Hedge Fund 106.85 Hedge Fund 140.6 Hedge Fund 18 Hedge Fund 3.3 Hedge Fund 5.88 Hedge Fund 29.4 Hedge Fund 21 Hedge Fund 21 Hedge Fund 4.5 Hedge Fund 24 Hedge Fund Hedge Fund 560.49 Hedge Fund Hedge Fund 7.88 Hedge Fund 0.87 Hedge Fund 0.66 Hedge Fund Hedge Fund 64.99 Hedge Fund 29.5 Hedge Fund 4.3 Hedge Fund 6.5 Hedge Fund

Manager
FRANCOIS BONNIN THOMAS WEBER LEEN DEN HOLLANDER MIKAEL SIMONSEN KENNETH WINDHEIM KEN MELISSA KO SURESH ADVANI KING JEREMY LECHEMERE MELISSA KO ANTHONY LIMBRICK IAN HARDING BILL SUNG SERGEY ILCHENKO SOPHIE ELKRIEF TIMOTHY WONG TIM MARTIN PELLETIER N.A. MICHAEL LAI CHRISTOPHER H LORD LARS DOLLMANN DMITRY MALYKHIN HELMUT FRIEDRICH N.A. THOMAS E ZANECCHIA N.A. ERIC D HOVDE N.A. LAURALOUISE DUFFY JONATHAN INGRAM N.A. PAUL MELAMED SIMON DAVIES ROBERT ROMERO N.A. CHRISTOPHER H LORD MICHAEL LAI CRAIG L CAUDLE KARIM LEGUEL DUNCAN NEIL LETCHFORD MICHAEL COLEMAN MIKE ALEXANDER ORLOV GREG WEAVER N.A. KARSTEN SCHROEDER ANAND ATRE MICHAEL CLARKE PIERRE GROTZ CARL H TIEDEMANN PAUL GOLDSTEIN PAUL GOLDSTEIN SANJIV GARG ALEXANDER J ROEPERS KARIM TALEB JAMIL BAZ JONNY GORDON AREF KARIM MARCO ANTONIO DE FREITAS PINHE N.A. PHILIP STOLTZFUS N.A. STEEVE BRUMENT KALPESH KAPADIA ERIC STEIN

John Locke Investments SA LGT Capital Partners Ltd/Switzerland N.A. TradeWind Capital BV N.A. ICECAPITAL Fund Management/Finland Strategic Fixed Income LLC Covepoint Capital Advisors LLC GML Capital LLP Knight PF Management Ltd N.A. Covepoint Capital Advisors LLC N.A. 36 South Capital Advisors LLP N.A. WaveStone Capital Pty Ltd Absolute Asia Asset Management Ltd Wermuth Asset Management GmbH/Moscow Dexia Asset Management Man Investments Luxembourg SA TriVest Wealth Counsel Ltd N.A. Liberty Funds Group Inc GAM Ltd/Hong Kong Criterion Capital Management LLC Adelphi Capital LLP N.A. DV Investment Management Minerva Investments AG Albatros Performance Management SA Branzan Investment Advisors Inc RBS Luxembourg SA/Luxembourg Hovde Capital Advisors LLC RHO Asset Management AG Global Fund Exchange Ltd N.A. JPMorgan Asset Management Europe SARL Global Wealth Management SA N.A. RB Asset Management Cheyne Capital Management UK LLP Connective Capital Management LLC Innocap Global Investment Management Ltd N.A. Criterion Capital Management LLC GAM London Ltd Liberty Funds Group Inc Absolute Performance Ltd N.A. Galena Asset Management Ltd/United Kingdo Aisling Analytics/Singapore Arbat Global Management Ltd N.A. Invicta Capital Management LLC N.A. Kenmar Global Investment Management Inc/U Amplitude Capital AG Solas Capital Management LLC Clarke Capital Management Inc Trading Opportunity Management Co Ltd TIG Advisors LLC Goldstein Capital Corp Goldstein Capital Corp Trophy Asset Management Ltd Atlantic Investment Management Inc Robust Methods LLC N.A. GLG Partners Cayman Ltd Met Capital Management LLP N.A. Quality Capital Management Ltd Global Equity Administradora de Recursos SA GML Capital LLP/United Kingdom Thayer Brook Partners LLP N.A. Man Investment Products Ltd Dexia Asset Management Equanum Capital Management Pte Access Fund Management LLC

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2458 2459 2460 2461 2462 2463 2464 2465 2466 2467 2468 2469 2470 2471 2472 2473 2474 2475 2476 2477 2478 2479 2480 2481 2482 2483 2484 2485 2486 2487 2488 2489 2490 2491 2492 2493 2494 2495 2496 2497 2498 2499 2500 2501 2502 2503 2504 2505 2506 2507 2508 2509 2510 2511 2512 2513 2514 2515 2516 2517 2518 2519 2520

Ticker
ASHPRFU KY AISBALA US IKOGLBI KY METDIFX MV CRGOLTD VI GREEURU JY PRICURG ID ALPTENC KY OPTJAPA KY PASCSOL JY NBCGMAQ MV SICAGLA KY KROMRIV KY AUGVANQ KY FINSELA FP MAMIETP US PIOLSEE ID DENALIP US CENCODU BH DENOFFP KY TENFFEU ID CMFFAIB GU BRAXFDA KY PHATRAD KY PELIKAN VI ONEFUND BM STRATUE VI LMEMEMA ID TURSOPP US MWMGLFE ID ALTPICK MV JBPFBRA KY GREQKAE KY MAN220L CU FMONGLB KY MABREIT KY HAMERFD US GALSPSD KY BELMXOP US MANKONK FH HWYEWTB BH QUORUMF KY IKOHEUI KY DYNAINV US PELAALA NA MERGLER VI WHITEST US INNWNTN MV GSSIDYN LX ALTRLLC US SLREMKI KY CFFCAPM US RIMNGAP FP GLTRFLA US SHEPENG SS CCLSB1E KY DEXDIFC FP STRATUC VI INDCBFK MP MLCXGAU KY PIABRTE LE KINSCAP US RIMNGAD FP

Name
ASHTON PERFORMANCE FD-USD AIS BALANCED FUND LP-A IKOS FINANCIAL FUND-$ METATRON DISCRETIONARY FX CREED GLB OPPORT INVEST LTD GREATER EUROPE FUND LTD-US$ PRINCIPAL CURRENCY FUND-GBP ALPHAGEN TENRO FUND LTD-C OPTIMAL JAPAN ABS LNG -OFFSH PASCAL SOLUTIONS LTD NBCG MAQD SUB-FUND SIBILLA CAP-SIBILLA GLOBAL KROM RIVER COMMODITY-A USD AUGMEN SPC-VANQUISH FUND SEG FINALTIS SELECT A MOBIUS ASSET MGMT-ENE TRA PR PIONEER LONG/SHORT EURO EQ- DENALI PARTNERS LP CENTUM BRIDGE FUND LTD-A$ DENALI OFFSHORE PARTNERS-A TENAX FINANCIALS FUND PLC-A CLARION-FAITH ALTERNATIVE-B BRAX FUND-CLASS A-REAL CLASS PHARO TRADING FUND LTD PELIKAN FUND INC-A ONE FUND LTD STRATUS FUND LTD-E- 1.5 LEV LM QUAL INV- ESEMP EME MK LS TURNER SELECT OPPORTUNIT LP MW GLOBAL FINANCIALS MKNT-A INNOCAP KROM RIVER SUB-FUND JBI FOCUS BRAZIL FUND GREENHOUSE OS-QUANSQ KEY-A MAN OM-IP 220 LIMITED FIREBIRD MONGOLIA LTD-B MATTERHORN BREITHORN FUND HAMER FUND LLC GALENA SPECIAL SITUATIONS-$ BELVEDERE MAXIMUM OPPORTNITY DANSKE INV-CONTRARIAN GROWTH HAWKWOOD YEW TREE INV LTD-B QUORUM FUND LIMITED-A IKOS HEDGE FUND-USD DYNAMIC INVESTORS LLC PELARGOS ASIA ALPHA FUND-A MERIDIAN GL ENERGY&RESOURC-A WHITE INDIAN - STAIRS TRDNG INNOCAP WNTN SUB-FUND GOLDMAN SACH SPEC INV-DYNA-C ALTERNATIVE TREASURY STR LLC SR GLOBAL FUND G-EMMK PRT-S1 CFF CAPITAL MANAGEMENT LP RIVOLI MANAGED ACCOUNT PRGRM GLOBAL TREND FOLLOW-LARGE SHEPHERD ENERGY FUND CQS CREDIT L/S FEEDER-B1 EUR DEXIA DIVERSIFIED FUTURES-C STRATUS FUND LTD-C-$ 1.5 LEV ALCHEMY INDIA CB FUND ICB-K ARES-MCLX GWM COMMODITY-A$ PRIME INVEST ABSOLUTE RT EUR KINETICS SMALL CAP PARTNERS RIVOLI MANAGED ACCOUNT P USD

TotRet1Y
-4.12 -4.13 -4.15 -4.17 -4.18 -4.19 -4.2 -4.23 -4.24 -4.25 -4.25 -4.26 -4.27 -4.27 -4.28 -4.28 -4.31 -4.31 -4.31 -4.31 -4.32 -4.32 -4.33 -4.34 -4.34 -4.34 -4.35 -4.35 -4.37 -4.37 -4.38 -4.39 -4.41 -4.42 -4.46 -4.47 -4.48 -4.48 -4.48 -4.52 -4.54 -4.54 -4.55 -4.55 -4.58 -4.58 -4.63 -4.63 -4.65 -4.65 -4.65 -4.68 -4.69 -4.69 -4.69 -4.7 -4.73 -4.74 -4.75 -4.76 -4.78 -4.79 -4.81

ManagementStyle
Multi-Style Macro CTA/Managed Futures CTA/Managed Futures Long Biased Equity Emerging Market Equity (Alternative funds) Macro Long/Short Equity Long Biased Equity Multi-Style Multi-Style Macro Macro Macro Multi-Style CTA/Managed Futures Long/Short Equity CTA/Managed Futures CTA/Managed Futures Macro Long/Short Equity Multi-Style Multi-Style Macro Emerging Market Debt CTA/Managed Futures Multi-Style Emerging Market Equity (Alternative funds) Long/Short Equity Equity Fundamental Market Neutral Macro Emerging Market Equity (Alternative funds) CTA/Managed Futures Macro Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) CTA/Managed Futures Multi-Style Equity Statistical Arbitrage Short Biased Equity Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity CTA/Managed Futures Long/Short Equity Long/Short Equity CTA/Managed Futures CTA/Managed Futures Multi-Style Fixed Income Emerging Market Equity (Alternative funds) Long/Short Equity CTA/Managed Futures CTA/Managed Futures Equity Fundamental Market Neutral Fixed Income Arbitrage CTA/Managed Futures Multi-Style Capital Structure/Credit Arbitrage CTA/Managed Futures Long/Short Equity Long Biased Equity CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType

Manager

Ashton Funds Management Ltd Hedge Fund N.A. N.A. AIS Capital Management LLC 59.52 Hedge Fund JOHN R HUMMEL IKOS Asset Management Ltd Hedge Fund N.A. 1.59 Metatron Capital SICAV plc 2.05 Hedge Fund N.A. Family Office Partnership AG 15.04 Hedge Fund THIERRY BICHEL Greater Europe Funds Management Ltd 11.33 Hedge Fund N.A. Principal Global Investors LLC 66.96 Hedge Fund MARK FARRINGTON Henderson Alternative Investment Advisor Ltd 71.29 Hedge Fund JOHN STEWART Optimal Fund Management Pty Ltd 13.8 Hedge Fund WARWICK JOHNSON Societe Generale Structured Products Platfor N.A. Hedge Fund N.A. Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Sibilla Capital Management LLC Hedge Fund LORENZO DI MATTIA N.A. Krom River Investment Management Ltd/Cay 840 Hedge Fund CHRISTOPHER BRODIE CHRIS Augmen Capital Management Ltd 12 Hedge Fund ANDREAS GLAPIAK Finaltis SA 30.9 Hedge Fund N.A. Mobius Asset Management Inc 22.9 Hedge Fund JOHN MCLANE Pioneer Alternative Investment Management 38.1 Hedge Fund WILLIAM PARTRIDGE Denali Asset Management LLLP 37.69 Hedge Fund SCOTT T RAMSEY Centum Asset Management/Bermuda 3.23 Hedge Fund MATS FORSELL Denali Asset Management LLLP 3.17 Hedge Fund SCOTT T RAMSEY Tenax Capital Ltd 348 Hedge Fund MASSIMO FIGNA Argyll Investment Services Ltd/Guernsey 4.42 Hedge Fund N.A. JGP Global Gestao de Recursos Ltda 24.57 Hedge Fund ARLINDO RAGGIO VERGACAS Pharo Management UK LLP 396.25 Hedge Fund GUILLAUME H FONKENELL Pelikan Asset Management Ltd 10.2 Hedge Fund N.A. GEM Universal Inc 6.54 Hedge Fund N.A. Capital Fund Management SA 46.44 Hedge Fund N.A. Esemplia Emerging Markets 24.04 Hedge Fund AQUICO WEN Turner Investments LP 12.07 Hedge Fund FRANK L SUSTERSIC Marshall Wace LLP Hedge Fund AMIT RAJPAL N.A. Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Jardim Botanico Partners Investimentos Ltda/ 15.78 Hedge Fund EDUARDO ROCHA REZENDE Finaltis SA Hedge Fund CHRISTOPHE OLIVIER N.A. Man Investments Ltd 74.38 Hedge Fund N.A. FG2 Advisors LLC 63.29 Hedge Fund JAMES C PASSIN Matterhorn Investment Management LLP 158 Hedge Fund PAUL BATE Hamer Trading Inc 15.86 Hedge Fund JIM HAMER Hedge Fund CEDRIC CHONE Galena Asset Management Ltd/United KingdoN.A. Belvedere Advisors LLC Hedge Fund PATRICK BEAUDAN N.A. 3C Asset Management Ltd/Sweden 4.96 Hedge Fund VILLE KIVIPELTO Hawkwood Capital LLP 14.56 Hedge Fund HAWKWOOD CAPITAL LLP Quorum Asset Management Ltd 107 Hedge Fund BOBBY MESHOYRER IKOS Asset Management Ltd 71.17 Hedge Fund N.A. Saliba Portfolio Management LLC 14 Hedge Fund N.A. Pelargos Capital BV 153.71 Hedge Fund KEES RIGTER Meridian Fund Managers Ltd 10.63 Hedge Fund N.A. White Indian Trading Co Ltd 1.27 Hedge Fund ROB ROSS Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. RBS Luxembourg SA 7,304.87 Hedge Fund N.A. Dix Hills Partners LLC 11 Hedge Fund JOSEPH BAGGETT Sloane Robinson LLP Hedge Fund RICHARD CHENEVIX-TRENCH N.A. CFF Capital Management LLC Hedge Fund AUSTIN ASHRAF N.A. Rivoli Fund Management/France 12.03 Hedge Fund VINCENT GLEYZE Chadwick Investment Group Inc 10.06 Hedge Fund JUSTIN VANDERGRIFT Shepherd Energy AB Hedge Fund ARNE OSTERLIND N.A. CQS Cayman LP 214 Hedge Fund N.A. Dexia Asset Management 93.97 Hedge Fund STEEVE BRUMENT Capital Fund Management SA 3,420.59 Hedge Fund N.A. Alchemy Investment Management Pte Ltd 4.12 Hedge Fund SHIVAZ RAI Merrill Lynch International Hedge Fund N.A. N.A. Prime Invest AG 1.56 Hedge Fund N.A. Kinetics Advisers LLC/USA 1.84 Hedge Fund PETER B DOYLE Rivoli Fund Management/France 1.09 Hedge Fund N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2521 2522 2523 2524 2525 2526 2527 2528 2529 2530 2531 2532 2533 2534 2535 2536 2537 2538 2539 2540 2541 2542 2543 2544 2545 2546 2547 2548 2549 2550 2551 2552 2553 2554 2555 2556 2557 2558 2559 2560 2561 2562 2563 2564 2565 2566 2567 2568 2569 2570 2571 2572 2573 2574 2575 2576 2577 2578 2579 2580 2581 2582 2583

Ticker
MOMEC10 CU RGCLTDB BH THAYBRA KY BELAMAP US FPPEIIA KY ALPHEAB VI CFSGRLS AU CTGFUTJ KY IONFUND VI IKOSCUR KY GROSGLB KY ALTJLSY MV HEHOHAU KY ARSAMBE LX FAVRORC KY CENTIXA KY BPLYNXD SS ALPGRHA KY RIGIIFA VI GENRGYD KY ECOGOGS KY HAMSPRA VI DYNCONTR CN IPMGLCA KY CAGRRUS KY ESPALTA AV MATASRG BH 2100CMU US BHMG LN METODIV US CANCHNG MP BOSCF1U ID Q1GLOMA KY FIEMKNA CN ESFREEA FH CYRSYST FP WALLSSL US OPTOGLO US AKAMFDA KY EXMICFD LX BALPOA1 KY LUPNEUR ID SPRGOLD KY SUPFGDA KY WINTOCT KY QUAGASA KY COGEMOA KY GALXQUA KY LPHEGLG TL EUROPPE NA LECMAYA MV BORDIVU KY LANTRNO KY CNALPHA KY DRUODIV KY LAZJPCF ID RUSSSIT KY KOHTHRA ID BRVBRZL KY TAGLOHA US ARPDFSI MV BASSTAR LE ITHUNIV VI

Name
MAN OM-IP ECLIPSE 2010 LTD RICHMOND OPT GL CUR LTD-B THAYER BROOK FUND LIMITED-A$ BELAIR CAP-MANAGED ACC PROGR FPP EMERGING MARKETS FUND-II ALPHEA FUND LTD-B CFST WHL-GLB RES LNG SHRT FD GL FUTURES FND JPY ION FUND LIMITED-A IKOS CURRENCY FUND QFS GLOBAL MACRO FUND LTD INNOCAP JOHN LOCKE SYSTEMAT HEDGE-HOUSE HORMESIS-A USD ARS-AGGRESSIVE MANAGERS B FIREBIRD AVRORA FUND LTD-C CENTRIX IX FUND LTD-A BRUMMER & PARTNERS LYNX DYNA ALPHAGEN RHOCAS FUND LTD-A$ RIG II FUND LTD - CLASS A GUINNESS ENERGY FUND-$ ECOFIN GLOBAL OIL & GAS FUND SPINNER GLOBAL TECHNOLOGY-A DYNAMIC CONTRARIAN FUND-A IPM GLOBAL CURRENCY FUND-A CAPITAL GROWTH RUSSIA FUND ESPA ALTERNATIVE EMERG-MKT-A MATRIX ASCENSION- RETAIL 2100 XENON MGD FUTURES 2X LP BH MACRO LTD METOLIUS DIVERSIFIED US FEED CALDORA WELLNESS FUND-GBP BOSERA CHINA FUND-1 USD QUEST BRAZIL MACRO SPC-MACRO FIERA MARKET NEUTRAL EQ-A E&P FREEDOM FUND NON-UCITS-A CYRIL SYSTEMATIC-I WALBRIDGE LONG-SHORT STRATEG OPTO GLOBAL MACRO FUND LLC AKAMATSU FUND CLASS-A EXANE FUND 1-EXANE MIC FDS-A STONE DRUM PACIFIC OPPS-A1 LUPUS ALPHA NEUROBAYES SHORT SUPERFUND GREEN GOLD-SEG A2 SUPERFUND GOLD SPC - SP A HENRI OCTO FUND LTD-A USD QUAM-GLOBAL ALPHA SEG PORT-A CORONATION GL EMER MKT OPP-A GALAXY QUANTITATIVE FD S 1-A LP ALTERNATIVE FUND LTD-CL A EUROPEAN OPPORTUNITIES FUND LEVEL E CAP SICAV-MAYA-A BORONIA DIVERSIFIED FUND LTD LANTURNO ALTERNATIVE INV LTD CHINA ALPHA II FUND LTD-USD DRURY OFFSHORE DIVERSIFIED LAZARD JAPAN CARINA FUND-A2 D&P NEW WORLD SPEC SITUATION 36 SOUTH-KOHINOOR S THREE-A BRAVIA BRAZIL TANO GLOBAL HARD ASSETS LP ARP DIVERSIFIED FUTURE-B BI BASIC STAR COMMODITY FND ITHACA UNIVERSAL FUND LTD

TotRet1Y
-4.82 -4.82 -4.83 -4.84 -4.89 -4.88 -4.9 -4.91 -4.95 -4.95 -4.96 -4.96 -4.97 -4.99 -5 -5 -5 -5.01 -5.02 -5.02 -5.03 -5.05 -5.04 -5.04 -5.08 -5.09 -5.1 -5.1 -5.1 -5.12 -5.13 -5.15 -5.15 -5.17 -5.19 -5.19 -5.19 -5.22 -5.24 -5.25 -5.25 -5.26 -5.28 -5.28 -5.28 -5.3 -5.32 -5.33 -5.34 -5.35 -5.36 -5.38 -5.39 -5.4 -5.41 -5.44 -5.48 -5.5 -5.52 -5.53 -5.54 -5.56 -5.56

ManagementStyle
CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) CTA/Managed Futures Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Macro CTA/Managed Futures Macro Macro Emerging Market Equity (Alternative funds) Multi-Style CTA/Managed Futures Long/Short Equity Macro Long/Short Equity Long/Short Equity Long/Short Equity Long/Short Equity Macro Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) CTA/Managed Futures CTA/Managed Futures Macro Macro Multi-Style Macro Macro Equity Fundamental Market Neutral CTA/Managed Futures CTA/Managed Futures Equity Statistical Arbitrage Macro Long/Short Equity Long/Short Equity Long Biased Equity Equity Statistical Arbitrage Macro CTA/Managed Futures Long/Short Equity Multi-Style Emerging Market Equity (Alternative funds) CTA/Managed Futures Long/Short Equity Long/Short Equity Equity Statistical Arbitrage CTA/Managed Futures Long/Short Equity Long Biased Equity CTA/Managed Futures Equity Fundamental Market Neutral Distressed Securities Multi-Style Long Biased Equity Multi-Style CTA/Managed Futures Long/Short Equity Long/Short Equity

ManagementCompany

TotAsset(M) FundType

Manager

Man Investments Ltd 30.61 Hedge Fund N.A. Richmond Group Fund Co Ltd 24 Hedge Fund SCOT T HENRY Thayer Brook Partners LLP Hedge Fund PHILIP STOLTZFUS N.A. Belair Capital Asset Management LLC 2.5 Hedge Fund BRUCE F EISEN FPP Asset Management LLP/United Kingdom 3.64 Hedge Fund N.A. Tavira Monaco SAM Hedge Fund N.A. N.A. Colonial First State Investments Ltd/Australia 28.2 Hedge Fund TODD WARREN Alternative Investments MGR Ltd 190.35 Hedge Fund N.A. Independent Portfolio Managers Ltd 72 Hedge Fund DENNIS LOHFERT IKOS Asset Management Ltd 1.18 Hedge Fund N.A. QFS Asset Management LP 8 Hedge Fund SANFORD J GROSSMAN SANDY Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Hedge-House Partners LLP 102.65 Hedge Fund N.A. Insinger de Beaufort Asset Management NV 32.22 Hedge Fund DIDY VAN DER SCHILDEN Firebird Avrora Advisors LLC 134.8 Hedge Fund IAN C HAGUE Carrousel Capital Ltd 3.3 Hedge Fund CHRISTOPHE LE LANNOU Lynx Asset Management AB/Sweden Hedge Fund N.A. N.A. Henderson Alternative Investment Advisor Ltd 34.44 Hedge Fund SIMON PETERS Nemo Asset Management Ltd 12.82 Hedge Fund N.A. Guinness Asset Management Ltd/United King 2.5 Hedge Fund EDWARD GUINNESS Ecofin Ltd 12 Hedge Fund DANIEL LACALLE Spinner Asset Management LLC 107.4 Hedge Fund ARTHUR C SPINNER Goodman & Co Investment Counsel 29.12 Hedge Fund DAVID TAYLOR IPM Informed Portfolio Management AB Hedge Fund BJORN OSTERBERG N.A. Capital Growth Investment Management/Caym 5.96 Hedge Fund MAXIM NAUMOW ADG Capital Management LLP 6.45 Hedge Fund THOMAS BOBEK Matrix Bermuda Ltd 39.22 Hedge Fund N.A. 2100 Xenon Group LLC 22 Hedge Fund JAY R FEUERSTEIN Brevan Howard Capital Management LP Hedge Fund N.A. N.A. Metolius Capital LLC 12.38 Hedge Fund ROSS CROTINGER Caldora Asset Management 0.17 Hedge Fund COBUS KELLERMANN Bosera Asset Management Co Ltd 29.99 Hedge Fund N.A. Quest Investimentos Ltda 1.1 Hedge Fund MARCELO SANTUCCI Fiera Capital Corp 193.07 Hedge Fund CAROLE BERTHIAUME Estlander & Partners Ltd/Finland 114.11 Hedge Fund MARTIN ESTLANDER John Locke Investments SA 25.63 Hedge Fund FRANCOIS BONNIN Walbridge Capital Advisors LLC 21.4 Hedge Fund JEFFREY A LEITZ Opto Global Macro LLC 1.91 Hedge Fund PAUL LEE PCE Investors Ltd Hedge Fund N.A. N.A. Exane Asset Management/France 145.29 Hedge Fund JEROME POIREL Stone Drum Partners LLP 117.2 Hedge Fund ANDREW TAY Lupus alpha Asset Management AG 11.93 Hedge Fund CHRISTIAN HAAG Superfund Asset Management GmbH/Austria 36.75 Hedge Fund CHRISTIAN J BAHA Quadriga Trading Management Inc 10.82 Hedge Fund CHRISTIAN J BAHA Henri Capital Partners LLP Hedge Fund N.A. N.A. Hedge Fund CHRIS CHOY Quam Asset Management Ltd/Hong Kong N.A. Coronation Asset Management Pty Ltd 8.04 Hedge Fund GAVIN JOUBERT Galaxy Asset Management BVI Ltd 3.5 Hedge Fund JOE CHAN LP Hedge Fund Ltd/Isle of Man Hedge Fund N.A. N.A. Hedge Fund ALBERT JELLEMA Global Opportunities GO Capital Asset ManagN.A. Level E Capital Ltd Hedge Fund SONIA SCHULENBURG N.A. Boronia Capital Pty Ltd 1,852.00 Hedge Fund N.A. Lanturno Asset Management Ltd 7.58 Hedge Fund DMITRY POLETAEV China Alpha Fund Management Ltd/Cayman 202.3 Hedge Fund JAMES WANG Drury Capital Inc 2.85 Hedge Fund BERNARD V DRURY Lazard Asset Management LLC 15.79 Hedge Fund MATTHEW BILLS D&P Investment Management 15.29 Hedge Fund STEVEN DASHEVSKY 36 South Capital Advisors LLP 131.31 Hedge Fund RICHARD HOLLINGTON Bravia Capital Investimentos LTDA 3.88 Hedge Fund N.A. Tano Singapore Advisors Pte Ltd 62.9 Hedge Fund CHARLES E JOHNSON Absolute Return Partners LLP Hedge Fund NIELS JENSEN N.A. LLB Fund Services AG/Liechtenstein 111.47 Hedge Fund RONALD WILDMANN Ithaca Capital Advisers Ltd 3.34 Hedge Fund ALEXANDROS TSELENTIS

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2584 2585 2586 2587 2588 2589 2590 2591 2592 2593 2594 2595 2596 2597 2598 2599 2600 2601 2602 2603 2604 2605 2606 2607 2608 2609 2610 2611 2612 2613 2614 2615 2616 2617 2618 2619 2620 2621 2622 2623 2624 2625 2626 2627 2628 2629 2630 2631 2632 2633 2634 2635 2636 2637 2638 2639 2640 2641 2642 2643 2644 2645 2646

Ticker
EGMLASR US CYRSUSD KY MAGSABU KY ANNOGOF KY ALLOLFB LX FTCCOMC TL ASHOKAW EK G5BANDE KY KEYTU30 KY OPPUNIQ VI IRIDFDR MV MEGHT16 CU KAT AU DRAGVAR VI SHINSFF US MOMSER9 CU OM2ECLP CU ICARUSA BM ALQUSMB KY PLEPWSU KY EKCOREV SP FULCMIE LX ESMSPVT VI MANFUB3 BH COELSPK SS SALEMLP US G5OURPR KY AI1CTAE LX RIGFNDA VI AHPALFS NA SECAPPA US PORGMDD VI MOMECLP CU EGMEEGO US CENSQCA US STTREDG US MILBDTC KY DTEQUNE FP RBICKOD US EDFDFLI BH GUICLSF US BLUHLLA US AIGFIAD KY MGEPISA KY FORABRE VI WOLGLII VI LEXICON KY ZHWISSG CH LYXCFIU ID INDGLII VI MANSUSD BH WYPFUND VI VALMKNB LX GBDVECA US MILLBTR US JADJPNA KY CCASIAU KY ASTGENE KY GBCSYSA KY H3GLCOA KY SUPBLAE KY ADAENEA LX ELSWORA KY

Name
FALCON POINT L/S TAX EMEMPT CYRIL SYSTEMATIC USD FND-USD MA GS ALTERNAT BETA TREND-$ ANNO DOMINI GROWTH & OPPORT ALLOCATION OVERLAY FEEDER-B FTC-COMMODITY FUND ALPHA - C ASHOKA WACHSTUM STRATEGIE I G5 BANDEIRANTES FUND KEY TRENDS FUND LTD-USD-30 OPPORTUNITY UNIQUE FND-UNQ-A IRIDIUM FEEDER FUND MAN OM-IP 16EIGHT LTD KATANA CAPITAL LTD THE DRAGON VARIATION FUND LP SHINNECOCK FUTURES FUND LP MAN SERIES 9 OM-IP 220 LTD MAN OM-IP 2ECLIPSE LTD ICARUS FUND SAC-PRAEMIUM-A ALPHA QUANT SYSTEMATIC MACRO COELI POWER SURGE FUND-USD EKTIMO COMMOD REL VAL FD LP FULCRUM COMMODITY FUND-I ESM GLOBAL-SEG PORT VANTAGE MAN-MNGD FUTURES SEL B3 USD COELI SPEKTRUM SALEM GLOBAL OPPORTUNITY FND G5 OURO PRETO FUND AI-1 CTA EURO INVEST RIG FUND LTD - CLASS A AHP-ALPHA FUTURE SPREAD FUND SEMAPHORE CAPITAL PARTNER LP PORCUPINE CMDTY REL VAL-DD MAN OM-IP ECLIPSE LTD FALCON POINT LONG/SHORT FUND CENTRAL SQUARE CAPITAL LP TRADING EDGE DIVERSIFIED TRADING CO II DAY TRADE EQUITY NEUTRAL RBI CAPITAL KODIAK LP MAN AHL DIVERSIFIED FUTURES WILLIAM BLAIR COMMODITY L/S BLUE HILL FD II LLC-CLASS A ARES IFS GLOBAL FIXED INC-A$ EPISODE INC-A-USD FORUM ABSOLUTE RETURN-A REG WOLF GROUP LTD-GLOBAL INDEX LEXICON FUND-A-USD WISDOM SUSTAINABLE GROWTH TR LYXOR COMMODITIES FUTURE-I$ INDEX GLOBAL II SEG PORT-B MAN IP 220 SERIES 4 LTD-USD WYP FUND LTD - A VALORINVEST-MARKTNEUTRAL-B GLOBAL DOMAIN VECTOR LLC-A MILLBURN MULTI-MKTS TRADING HIMEJI FUND-A CC ASIA ABSOLUTE RETURN F-$ ASTGENESIS FUND GLOBAL COMMODITY SYST LTD-A H3 GLOBAL COMMODITIES FUND-A SUPERFUND BLUE SPC-A EUR ADAPTO SICAV-ADAPTO ENERGY-A ELSWORTHY FUND LP - A$

TotRet1Y
-5.59 -5.6 -5.6 -5.61 -5.61 -5.63 -5.65 -5.67 -5.7 -5.74 -5.74 -5.78 -5.78 -5.78 -5.79 -5.8 -5.8 -5.82 -5.83 -5.84 -5.85 -5.86 -5.91 -5.91 -5.92 -5.98 -6 -6.01 -6.02 -6.02 -6.03 -6.03 -6.05 -6.05 -6.07 -6.08 -6.1 -6.11 -6.12 -6.13 -6.16 -6.18 -6.18 -6.19 -6.19 -6.21 -6.21 -6.24 -6.28 -6.28 -6.29 -6.3 -6.31 -6.32 -6.33 -6.35 -6.35 -6.37 -6.4 -6.42 -6.42 -6.42 -6.42

ManagementStyle
Long/Short Equity CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) Multi-Style CTA/Managed Futures Macro Long Biased Equity CTA/Managed Futures Macro CTA/Managed Futures Macro Multi-Style Fixed Income Arbitrage CTA/Managed Futures Macro Macro Multi-Style Macro CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Multi-Style CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long/Short Equity CTA/Managed Futures Macro CTA/Managed Futures Long/Short Equity Macro CTA/Managed Futures Long/Short Equity Long/Short Equity CTA/Managed Futures CTA/Managed Futures Equity Fundamental Market Neutral Short Biased Equity CTA/Managed Futures CTA/Managed Futures Equity Statistical Arbitrage Fixed Income Macro Emerging Market Debt Macro Multi-Style Long Biased Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Macro CTA/Managed Futures CTA/Managed Futures Long/Short Equity Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Equity Fundamental Market Neutral CTA/Managed Futures Long/Short Equity

ManagementCompany

TotAsset(M) FundType
2.75 Hedge Fund 108.6 Hedge Fund Hedge Fund 70.16 Hedge Fund 4.42 Hedge Fund 4.03 Hedge Fund 0.86 Hedge Fund 15.84 Hedge Fund Hedge Fund 281.82 Hedge Fund 8.58 Hedge Fund 129.62 Hedge Fund 33.13 Hedge Fund Hedge Fund 12.68 Hedge Fund 210.35 Hedge Fund 63.69 Hedge Fund 0.77 Hedge Fund 3.56 Hedge Fund 60.87 Hedge Fund Hedge Fund 205.27 Hedge Fund Hedge Fund Hedge Fund Hedge Fund 112.97 Hedge Fund 14.49 Hedge Fund 11.5 Hedge Fund 5.82 Hedge Fund 2.06 Hedge Fund 5.8 Hedge Fund Hedge Fund 126.1 Hedge Fund 7.85 Hedge Fund 55.2 Hedge Fund 1.39 Hedge Fund 731 Hedge Fund 2.16 Hedge Fund 27.4 Hedge Fund 746.9 Hedge Fund 24.4 Hedge Fund Hedge Fund Hedge Fund 257.24 Hedge Fund 39.5 Hedge Fund 3.1 Hedge Fund 179.08 Hedge Fund 314.42 Hedge Fund 5.19 Hedge Fund 1.72 Hedge Fund 101.9 Hedge Fund Hedge Fund 8.69 Hedge Fund 20.02 Hedge Fund 290 Hedge Fund 64.85 Hedge Fund Hedge Fund 295.17 Hedge Fund 16.37 Hedge Fund 475.18 Hedge Fund 44.68 Hedge Fund 9.47 Hedge Fund Hedge Fund

Manager
MICHAEL J MAHONEY FRANCOIS BONNIN N.A. VLADIMIR VENDIN TEUN VAN DER VELDEN N.A. N.A. ANDRE ZYLBERBERG RAPHAEL GELRUBIN N.A. IGOR REBESCO N.A. N.A. AMIR EFRATI ALAN C SNYDER N.A. N.A. N.A. DAVID RICHARDS N.A. N.A. N.A. N.A. N.A. BJORN ELFVIN SALEM ABRAHAM ANDRE ZYLBERBERG N.A. N.A. N.A. HOYT AMMIDON III ANGUS MURRAY N.A. MICHAEL J MAHONEY KELLY CARDWELL BORIS STEIN N.A. ADRIEN FUCHS SKIP TAGUE TIMOTHY WONG TIM N.A. VICTOR SANDOR N.A. DAVE FISHWICK JOSE PEDREIRA N.A. N.A. JUN WU PHILIPPE BALTHAZARD RENE STRITTMATTER N.A. CHRISTOPHE COQUIN N.A. DAVID S OROS N.A. DOMINIC MCEWAN ANGUS COUPLAND KENTARO OBATA N.A. ANDREW KALEEL CHRISTIAN J BAHA JESPER ALMKVIST N.A.

Falcon Point Capital LLC John Locke Investments SA Goldman Sachs International N.A. Anno Domini Capital Management Ltd Kempen Capital Management NV FTC Capital GmbH Syos Asset Management Ltd G5 Assessoria Financeira Ltda KeyQuant SAS N.A. Opportunity Professional Investment Manage Blue Capital SA Man Investments Ltd Katana Asset Management Ltd/Australia Tau Hedge Fund Management BVI Ltd N.A. Shinnecock Partners LP Man Investments Ltd Man Investments Ltd Experta Trade Ltd Quotidian Investments LLP Coeli AB Invenio Commodity Financials Pte Ltd N.A. RBS Luxembourg SA/Luxembourg Early Stage Managers LLC N.A. Man Investments/United Kingdom N.A. Coeli AB N.A. Abraham Trading Co G5 Assessoria Financeira Ltda Euro Invest Bank AG Nemo Asset Management Ltd Inmaxxa BV Semaphore Management LLC Castlestone Management Inc N.A. Man Investments Ltd Falcon Point Capital LLC Central Square Management LLC Stein Investment Management LLC/USA Millburn Ridgefield Corp DTAM SAS/France RBI Capital Management Man Investments/United Kingdom William Blair & Co LLC Blue Hill LLC N.A. Merrill Lynch International N.A. M&G Investment Management Ltd/United Kin Forum Asset Management LLC/USA Zarattini & Co SA Sentinel Management Shanghai Wisdom Investment Managers Co L Lyxor Asset Management Ireland Ltd/Ireland Index Asset Management AG Man Investments Ltd WYP Asset Management Ltd/British Virgin Isl N.A. PrivatInvest Bank AG Global Domain Partners LLC Millburn Ridgefield Corp Stratton Street Capital LLP Coupland Cardiff Asset Management LLP N.A. ASTMAX Investment Ltd/Cayman Global Advisors Jersey Ltd H3 Global Advisors/Australia Superfund Capital Management Inc Adapto Advisors AB Elsworthy Capital LLP N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2647 2648 2649 2650 2651 2652 2653 2654 2655 2656 2657 2658 2659 2660 2661 2662 2663 2664 2665 2666 2667 2668 2669 2670 2671 2672 2673 2674 2675 2676 2677 2678 2679 2680 2681 2682 2683 2684 2685 2686 2687 2688 2689 2690 2691 2692 2693 2694 2695 2696 2697 2698 2699 2700 2701 2702 2703 2704 2705 2706 2707 2708 2709

Ticker
RPMTRFC KY CCAGMAC KY PHAGAIA KY EFDIPCU KY MANOMS8 CU LAFRSA2 FP PRIHACG ID GINGACV KY EGMPART US COELSPO SS DIVSTE1 ID ANCIGMP US AHPAGIT NA HELENRG US NCNAGGB KY CKJUPPM US BRIARLP US ESAWGFC LX MAMHERG US ALMMSP1 KY TRIOGEM KY DIGOSLD KY RYLCHLP US BEAMFXP US LYACSIU ID MENAADM KY WELGDP US BRIGHTA MV PUREHCG KY SATURNP US G4EQUIT KY BEAMSTR US H21ABBE KY CTCMGBP BH MFFBUSD KY GAMMEDI US WORVGEO NA TANSIJE LX ERMDTAU KY CFWASDF AU HFRMASD BH AAMARAU ID ASDIVFU AU OTUSLPU VI CDCEEIE LX FCWPADF AU MGLGEAU BH JMKLSFDL CN RTSGL3X US GTCPDYT US APISEUR VI CARGCIB LX FSBSPB1 KY ALTMANA MV SRPFCLA BH LCTALIE LX PALMYFB KY ACASPAN KY SEMAINV US ESMETEL VI PILOVSI CY GLOBAL2 KY ALMSEG2 KY

Name
RPM SPC-TREND FOCUS SP CCA GLOBAL MACRO FUND LTD PHARO GAIA FUND LTD EFFICIENT DIV-PRIVATE C USD MAN SERIES 8 OM-IP 220 LTD LAFFITTE RISK ARBTRGE UCIT-A PRINCIPAL HIGH ALPHA CURR GINGA CORPORATE VALUE FALCON POINT L/S QUALIFIED COELI POWER-SEK DIVERS STRAT- CLASS 1 ANCILE-GLOBAL MARKETS PROG AHP-ALPHA GLBL INDEX TRADER HELIOS ENERGY FUND LLC NORTHGLEN AGGRESSIVE SP-B CLARKE-JUPITER PROGRAM BRIARWOOD FUND1 LP-2XL SER ESA GLOBAL FUTURES FUND CHF MAM HEDGED EARNINGS REV GRO ALMEA SEGREGATED PORT-SER 1 TRIOGEM LONG SHORT GEM LTD DIGILOG OS I LTD ROYAL COACHMAN LP BEAM-FX PROGRAM LYXOR ACTIVE COMMODITIES-SI$ MENA ADMIRAL FUND LTD WELTON-GLOBAL DIRECTIONAL BRIGHTWELL - A GLOB MAN FUTR PURE HEART VALUE INVEST FUND SATURN PARTNERS LLC CLARITAS G4-BRAZIL EQUITIES BEAM-MULTI-STRATEGY PRG-PROP H21 ABSOLUTE SPC-BRIC-CO4-$ COPPERTREE MUSTANG FUND- FRONTEDGE MANAGED FUT SP-B$ GAMCO MEDICAL OPPORTUN LP WORLD VIEW GLOBAL EQUITY OPP NIKKO SKILL I-JAPN LNG-SHT E ERMITAGE GLB DYNAMIC TRAD-A$ CFST FCWI-ASPECT DIVERS FUT HFR-SYSEMATIC DVRSFD TRACKER AAM ABSOLUTE RETURN FD-A USD ASPECT DIVERSIFIED FUTURES QCM GDP OTUS LEVERAGED POR-C NATIXIS CONST-EUR EVENTS-I CFST FCWP-ASPECT DIVERS FUT MAN GLG EMERGING MARK INC-A$ JEMEKK LONG/SHORT FUND LP RTS GLOBAL 3X FUND LP GT CAPITAL CTA-DYN TRADING APIS FUND LTD - EUR -B CARAVELA-GLOBAL COMPASS-IB FUSION V SERIES B-MACRO SEL INNOCAP MANALAPAN SUB-FUND SPECTRUM RUSSIAN PHOENIX-A LYXOR CTA LONG TERM INDEX-I MATTERHORN PALMYRA FUND-A+B$ ACACIA ASIA PANTHERA FUND SEMAPHORE INVESTORS LP ESM GLOBAL E-TELLER TOTAL RT PILGRIM RUSSIA INVESTMENT-A FIREBIRD GLOBAL FUND 2 LTD ALMEA 2 SEGREGATED PORTF CO

TotRet1Y
-6.43 -6.5 -6.51 -6.51 -6.55 -6.55 -6.55 -6.54 -6.55 -6.55 -6.56 -6.56 -6.62 -6.66 -6.66 -6.77 -6.79 -6.82 -6.91 -6.93 -6.94 -6.94 -6.94 -6.94 -6.96 -6.96 -7.01 -7.03 -7.07 -7.09 -7.1 -7.13 -7.16 -7.16 -7.17 -7.18 -7.18 -7.23 -7.23 -7.24 -7.24 -7.25 -7.26 -7.27 -7.26 -7.29 -7.28 -7.3 -7.31 -7.31 -7.32 -7.32 -7.33 -7.35 -7.44 -7.46 -7.47 -7.47 -7.5 -7.5 -7.53 -7.57 -7.61

ManagementStyle
CTA/Managed Futures Macro Emerging Market Debt CTA/Managed Futures Macro Merger Arbitrage Macro Long/Short Equity Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Macro Long/Short Equity Long Biased Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long/Short Equity CTA/Managed Futures Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long/Short Equity CTA/Managed Futures CTA/Managed Futures Multi-Style Equity Statistical Arbitrage Long Biased Equity CTA/Managed Futures Emerging Market Equity (Alternative funds) Distressed Securities CTA/Managed Futures Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity CTA/Managed Futures Macro Long/Short Equity CTA/Managed Futures Macro Merger Arbitrage CTA/Managed Futures Emerging Market Debt Long/Short Equity CTA/Managed Futures CTA/Managed Futures Multi-Style Multi-Style Macro Long/Short Equity Emerging Market Equity (Alternative funds) CTA/Managed Futures Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Fixed Income Emerging Market Equity (Alternative funds) Macro CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType

Manager

RPM Risk & Portfolio Management AB Hedge Fund N.A. N.A. Citibank International PLC 238.5 Hedge Fund KEVIN L BESPOLKA Pharo Management UK LLP Hedge Fund GUILLAUME H FONKENELL 41.52 Efficient Capital Management LLC Hedge Fund ERNEST L JAFFARIAN N.A. Man Investment Products Ltd 75.84 Hedge Fund N.A. Laffitte Capital Management SAS 65.3 Hedge Fund GABRIEL TEODORESCU Principal Global Investors LLC 64.77 Hedge Fund MARK FARRINGTON Stats Investment Management Co Ltd 14 Hedge Fund KUNIYUKI MORIMOTO Falcon Point Capital LLC 5.33 Hedge Fund MICHAEL J MAHONEY Coeli Asset Management Hedge Fund HENRIK WENNBERG N.A. Alder Capital Ltd 71.15 Hedge Fund N.A. Ancile Capital Management LLC 1.4 Hedge Fund NEAL STEVENS Inmaxxa BV 2.33 Hedge Fund PETER ZWAG Helios Advisors LLC 29 Hedge Fund JASON SELCH Slater Investments Ltd 15.95 Hedge Fund MARK WILLIAM SLATER Clarke Capital Management Inc 12.4 Hedge Fund MICHAEL CLARKE Briarwood Capital Management Inc 8.86 Hedge Fund FRED G SCHUTZMAN RPM Risk & Portfolio Management AB Hedge Fund N.A. N.A. McComsey Asset Management LLC/USA 8.8 Hedge Fund MARK EDWARD MCCOMSEY Almea 2 Segregated Portfolio Co Hedge Fund N.A. N.A. Triogem Asset Management LP 197.21 Hedge Fund TIMOTHY J SEYMOUR TradeLink Global Equity LLC 50.4 Hedge Fund WALT K WEISSMAN TradeLink Global Equity LLC 50.4 Hedge Fund WALT K WEISSMAN Bayesian Efficient Asset Management LLC 2 Hedge Fund JOSE MARIO QUINTANA Lyxor Asset Management Ireland Ltd 14.02 Hedge Fund JEAN-MARIE LAURENT Mena Capital LLP 9.38 Hedge Fund KHALED ABDEL MAJEED Welton Investment Corp 713 Hedge Fund N.A. Princes Gate Investment Advisory SA 4.54 Hedge Fund N.A. Pureheart Asset Management/Cayman Island 958 Hedge Fund N.A. Saturn Capital Management LLC 1 Hedge Fund SYED ALI Claritas Administracao de Recursos Ltda 8.78 Hedge Fund HELDER SOARES Bayesian Efficient Asset Management LLC 607.51 Hedge Fund JOSE MARIO QUINTANA Horizon21 Alternative Investments Cayman L N.A. Hedge Fund N.A. Coppertree Capital Management LLP Hedge Fund DAVID G ATKINSON N.A. Frontier Investment Management LLP 41.36 Hedge Fund ALEX GAITAN Gabelli Securities Inc 3.7 Hedge Fund MARIO J GABELLI World Investment Management BV Hedge Fund FRITS FIENE N.A. SMBC Nikko Investment Fund Management C 1,715.36 Hedge Fund N.A. Ermitage Asset Management Jersey Ltd 42.01 Hedge Fund N.A. First State Investments 17.63 Hedge Fund N.A. HFR Asset Management LLC Hedge Fund N.A. N.A. Oslo Asset Management ASA 663 Hedge Fund HARALD JAMES OTTERHAUG Colonial First State Investments Ltd/Australia 368.67 Hedge Fund MARTIN ANTHONY LUECK Quality Capital Management Ltd 6.46 Hedge Fund AREF KARIM CDC Overseas Fund Management Hedge Fund FREDERIC BABU N.A. First State Investments 59.68 Hedge Fund N.A. Man Investments AG Hedge Fund N.A. N.A. Jemekk Capital Management Inc/Canada 28.1 Hedge Fund GERARD FERGUSON Ramius Trading Strategies LLC 49 Hedge Fund N.A. GT Capital CTA 8.9 Hedge Fund GUERMAN TEITELBAOUM ATACAMA Capital GmbH Hedge Fund STEFAN WILHELM N.A. Espirito Santo Gestao De Patrimonios Hedge Fund SUSANA VICENTE N.A. Fusion Asset Management LLP Hedge Fund KIRILL ILINSKI N.A. Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Spectrum Partners Ltd 16.3 Hedge Fund N.A. Lyxor Asset Management Luxembourg SA 5.9 Hedge Fund N.A. Matterhorn Investment Management LLP 68 Hedge Fund PAUL BATE Acacia Capital Asia Pte Ltd 7.67 Hedge Fund DAVID TOH Semaphore Management LLC 2.9 Hedge Fund HOYT AMMIDON III Early Stage Managers LLC Hedge Fund N.A. N.A. Pilgrim Asset Management Ltd/Cyprus 22.96 Hedge Fund ALEXANDER IVANOV FG2 Advisors LLC 69.7 Hedge Fund JAMES C PASSIN Almea 2 Segregated Portfolio Co Hedge Fund N.A. N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2710 2711 2712 2713 2714 2715 2716 2717 2718 2719 2720 2721 2722 2723 2724 2725 2726 2727 2728 2729 2730 2731 2732 2733 2734 2735 2736 2737 2738 2739 2740 2741 2742 2743 2744 2745 2746 2747 2748 2749 2750 2751 2752 2753 2754 2755 2756 2757 2758 2759 2760 2761 2762 2763 2764 2765 2766 2767 2768 2769 2770 2771 2772

Ticker
AEQDS1E FP NESTFUA KY FINEQLP US MACFNDA VI NUWVLSA KY BAOCHNA US M220UGA BH PROABSO KY SWRDFSH KY COLGLMA KY AHPALLM NA DYNEQLP US LCMALPH FP DUECOAU KY RIINTFD FP VMSFEUR KY VISINPP US CFASDIF AU CWPSADF AU CFFPADF AU NCENEUE KY RIINTDD FP FORIEHH BH RALEIGH KY FJHASII US SLRGLII KY ABERGRO US GROSFXI KY GROSMFI US INTGFII SP DENAMNE US MARNEPT KY GLCDRA1 BH STFLSBE VI ACPITSA KY GALBEMN US MAPLEFB BH BRUMFUT SS UBVIEWF FH MELCHEE KY MANEGBA BH SEQLSEQ LX AIMGDFI KY AMFGLFU JY MSRQDPR US LCMAUSD KY GAPBRZE KY VICCAPS KY HASSEGF KY PRGLMCO ID TRORUFM KY STTESEL US OTUSLLC US LONGCOM US STRPANA KY HAPAFLP US LIQMACC US CFPSADF AU TETALPH NA MILLBUR KY GALGOFF KY OPOBLAA AU OLDJEMN KY

Name
AEQUAM DIVERSIFIED FD-S1 THE NEST FUND LTD - L/S EQUI FINISTERRE EQUITY FUND LP MAC FUND LTD-A NUWAVE LONG/SHORT PORT-A BAOCHUAN CHINA CENTURY FD LP MAN IP 220 GLG-USD GUAR BD-A PRODIGAL ABSOLUTE CAYMAN FD SWORDFISH FUND LTD COLLARD GLOBAL MACRO FUND AHP-ALL MARKETS FUND DYNAMIC EQUITY PARTNERS LP LATITUDE ALPHA DUET COMMODITIES FUND-A USD RIVOLI INTERNATIONAL FUND ABSOLUTE RETURN VEXUS MS SP VISTA CTA LLC-INDEX PLUS PRO CFST FCI-ASPECT DIVERS FUTT CFST FCWS-ASPECT DIVERS FUT CFST FCP-ASPECT DIVERS FUT NORTHWOOD CAP ENH EUROPE-EUR RIVOLI INTERNATIONAL FD USD FIE (HH) - QUANTECOM RALEIGH FUND FJH ASSOCIATES II LP SR GLOBAL FUND C-INTL PRT ABERNATHY GROUP GROWTH TRUST QFS FIXED INCOME LTD QFS FIXED INCOME LLC INTL AI PLATF-GLOR FOREX-II DENALI ADV MARKET NEUT EQ LP MARWYN VALUE INVESTORS LP- GLC DIRECTIONAL FUND-A1 SYSTEMATIC TRADING-LEVER-B ACPI TRADING STRATEGY SP-A GALBRAITH GLOBAL STRAT FD LP MAPLERIDGE FUND LTD-CL B BRUMMER & PARTNERS FUTURIS UBVIEW NON-UCITS FUND MELCHIOR EUROPEAN FND LTD MAN IP 220 GLG SER2-EUR GB-A SEQUOIA SCA-LONG/SHORT EQTY AIMHEDGE GDF OPPORTUNITY-INS ALTIS-GLOBAL FUTURES POR-A2$ MSR QUANTITATIVE DIRECTIONAL GEMSTAR ALPHA FUND LTD-USD GAP BRAZIL FUND-EQUITIES-C VICTORY CAPITAL LTD-A GBP HASENBICHLER FUT DIV FD SP- PRINCIPAL GLOBAL MACRO CURR TROIKA RUSSIA FND INC-MONTH$ TRADING EDGE SELECT QCM GDP OTUS STD PORT LLC LONGVIEW NATURAL RESOURCE FN OSK ABSOLUTE ASIA FUND HAPA FUND LP LIQUIDMACRO FUND LP-C CFST FCPS-ASPECT DIVERS FUT TETHYS-ALPHEUS FUND MILLBURN MULTI-MARKETS LTD GALBRAITH GLOBAL STRAT LTD ONEPATH OAFPS-BLACKR AS AL A OLD MUTUAL JAPAN EQUITY M-

TotRet1Y
-7.62 -7.63 -7.67 -7.67 -7.73 -7.73 -7.76 -7.77 -7.8 -7.8 -7.82 -7.84 -7.89 -7.9 -7.94 -7.94 -7.99 -8 -8.01 -8.03 -8.04 -8.04 -8.04 -8.04 -8.1 -8.1 -8.11 -8.13 -8.13 -8.13 -8.15 -8.14 -8.16 -8.16 -8.19 -8.22 -8.24 -8.25 -8.26 -8.31 -8.31 -8.34 -8.34 -8.35 -8.36 -8.39 -8.4 -8.46 -8.5 -8.52 -8.54 -8.55 -8.56 -8.57 -8.59 -8.6 -8.65 -8.65 -8.68 -8.69 -8.69 -8.7 -8.72

ManagementStyle
CTA/Managed Futures Long/Short Equity Emerging Market Equity (Alternative funds) Multi-Style Multi-Style Equity Fundamental Market Neutral Multi-Style Multi-Style Macro Macro CTA/Managed Futures Long/Short Equity Equity Fundamental Market Neutral Macro CTA/Managed Futures Multi-Style CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long/Short Equity CTA/Managed Futures Macro CTA/Managed Futures Multi-Style Long/Short Equity Multi-Style Fixed Income Fixed Income CTA/Managed Futures Equity Fundamental Market Neutral Distressed Securities CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Merger Arbitrage CTA/Managed Futures Long/Short Equity Multi-Style Multi-Style Fixed Income Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Macro Long Biased Equity Long/Short Equity CTA/Managed Futures Macro Emerging Market Equity (Alternative funds) CTA/Managed Futures Macro CTA/Managed Futures Long/Short Equity Long/Short Equity Multi-Style CTA/Managed Futures Macro CTA/Managed Futures Merger Arbitrage Macro Long/Short Equity

ManagementCompany

TotAsset(M) FundType
Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
ARNAUD CHRETIEN FRANCISCO GIFFONI MEIRELLES DE ALISTAIR CANDLISH IVO BARTOLETTI TROY W BUCKNER JONATHAN MASSE N.A. MICHAEL MUNNS JAMES LOH SINN YUK SIMON COLLARD FRANS SCHREIBER RAJ NANDIWADA N.A. N.A. VINCENT GLEYZE N.A. GEORGE D RAHAL N.A. N.A. N.A. DAVID PRICE N.A. MICHAEL NAVOT N.A. FRANK J HUSIC HUGH SLOANE STEVEN H ABERNATHY SANFORD J GROSSMAN SANDY SANFORD J GROSSMAN SANDY N.A. MIKE MUNSON N.A. LAWRENCE STADEN N.A. MARKUS KREUTZER JOSEPH GALBRAITH RANDAL J SELKIRK ARNE VAAGEN JESSE AARNIO LEONARD CHARLTON N.A. ALBERTO CONCA N.A. STEPHEN HEDGECOCK MICHAEL S RULLE JR N.A. N.A. MARK BRADSHAW N.A. MARK FARRINGTON EVGENY LINCHIK BORIS STEIN AREF KARIM GEORGE D RAHAL RAYMOND KONG ERIC ALMERAZ GEOFFREY GRANT N.A. PETER KOLTHOF N.A. JOSEPH GALBRAITH N.A. N.A.

AEQUAM Capital SAS 18.38 Nest Investimentos Ltda 10.51 Finisterre Capital LLP 39.65 Renalco SA N.A. NuWave Investment Management LLC 96.6 Baochuan Capital Management LLC N.A. Man Investments Ltd N.A. Prodigal Pty Ltd 29 JL Capital Pte Ltd 41 Collard Capital SA 0.81 Inmaxxa BV 4.02 Dynamic Investment Advisors LLC N.A. Latitude Capital Management/France 0.84 Duet Asset Management Ltd N.A. Rivoli Fund Management/France 40.45 Fund Advisers Group SA/Switzerland N.A. Vista CTA LLC 0.45 Colonial First State Investments Ltd/Australia 4.86 First State Investments 30.25 Colonial First State Investments Ltd/Australia 11.85 Northwood Capital LLP 61 Rivoli Fund Management/France 1.01 FIE Investment Management Ltd/Bermuda N.A. Capital Edge AG N.A. Husic Capital Management LP 1.58 Sloane Robinson LLP N.A. Abernathy Group LLC/The 12.69 QFS Asset Management LP 33 QFS Asset Management LP 31 Da Vinci Invest Ltd N.A. Denali Advisors LLC 36.2 Marwyn Investment Management LLP 15.12 LRB Ltd 20.98 Blue Capital SA N.A. ACPI Investments Ltd N.A. Galbraith Capital LLC 119.7 Mapleridge Capital Co 13 Brummer & Partners Kapitalforvaltning AB 826 UB Fund Management Co Ltd/Finland 48.2 Dalton Strategic Partnership LLP/UK N.A. Man Investments AG N.A. AdWise Capital Managers SA 26.78 AIMhedge Management Ltd 10.61 Altis Partners Jersey Ltd/Jersey 56.7 MSR Investments LLC 13.38 Gemstar Capital LLP 28.68 GAP Advisors Cayman Ltd 20.87 Bradshaw Asset Management Ltd 20.92 Hasenbichler Asset Management Inc/Bahama 12 Principal Global Investors Europe Ltd 5.75 TDAM Ltd/Cyprus 23.2 Stein Investment Management LLC/USA 1.1 Quality Capital Management Ltd 1.98 Longview Funds Management LLC 0.63 Stretto Capital Pte Ltd N.A. Apis Capital Advisors LLC 1.2 Grant Capital Partners LLC 159.08 Colonial First State Investments Ltd/Australia 13.69 Tethys Capital BV 0.69 Millburn Ridgefield Corp 336 Galbraith Capital LLC 100 OnePath Funds Management Ltd/Australia 5.38 Old Mutual Asset Managers Ltd/United Kingdo 1,769.15

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2773 2774 2775 2776 2777 2778 2779 2780 2781 2782 2783 2784 2785 2786 2787 2788 2789 2790 2791 2792 2793 2794 2795 2796 2797 2798 2799 2800 2801 2802 2803 2804 2805 2806 2807 2808 2809 2810 2811 2812 2813 2814 2815 2816 2817 2818 2819 2820 2821 2822 2823 2824 2825 2826 2827 2828 2829 2830 2831 2832 2833 2834 2835

Ticker
POLOFND KY AIMHGDF KY CCASIUS KY GRANADA KY MCGLMSA LX H21MUST KY GLSGLOB US ALTGOPP KY FORINEH BH TRIMAXA KY ASSTTRY KY OLDMFUU KY ORTUSFC KY ROYADVF US CLACTAS BH ASAOPPO US REGGOLD EK DQSABRT NA ESTALPA KY CARFNDU KY TRWSGLB KY ASPDIVF KY ATTSTDP US STELRFX TL INGOLDD SW CAAPART US IPSMAAE AU RRCMONI US GRHMNEU KY PREMCCY VI ITWOBFA BM KIITCAM US MANUSDA BH TIGAYLP US MONTFDI US LUCBEUR KY ESMRIAL VI ASPUSFD US MAXLSBE JY FASP029 KY NEXSHAE FP BPWEMOF US HENJARF KY PULSESP KY SCIALP1 SS ICSBKAA AU ALCOABA VI SWIHTAC SW DYNPWHD CN ABBLUEA KY ONSLOWM KY PECINTL BH BHOSLTD VI REGCADY KY DBPI1CU LX LUENTRP US RUSSDRT VI RUSOFLG GU MTDENGT KY EUPIRAQ KY LUCASII US PROAEMA KY OPOBAAA AU

Name
POLO FUND - SERIES 1 AIMHEDGE GDF CLASSIC- CC ASIA ADVANTAGE-INVES -A$ GRANADA EUROPE FUND LTD-A S MAGMA CAP GLOBAL MACRO STR-A AA EQUITY LTD-EUR CLASS GLS GLOBAL OPPORTUNITIES LP BELMONT GLOBAL OPPORTUNITY FIE (H) - QUANTECOM TRIMAX MASTER FUND LTD ASSET TRY OLD MUTUAL MANAGED FUTUR-USD ORTUS FUND CAYMAN LTD ROYCE ADVANTAGE FUND LLC KUDU FUND-A GBP ASA-OPPORTUNITY FUND LP REGENT GOLD FUND - ACCUMULAT DQS ABSOLUTE RETURN FUND ESTLANDER&PART-ALPHA TREND-A CARROUSEL FUND LTD-A TRINITY WS GLOBAL FUND ASPECT DIVERSIFIED FUND-USD APA-STRATEGIC DIVERS PROGRAM STELLAR FOREX FUND DENDOR FUND-P USD CAA PARTNERS LP ONEPATH OAPS-BR A AL ALPHA-E RRCM ONSHORE I LP GRAND HAVEN MARKET NEUTRAL S PREMIUM CURRENCIES-A I TWO BF ARBAT TECHNOLOGY-A KIITOS GLOBAL OPPORTUNITIES MAN IP 220 GLG SER2-USD GB-A TIG AYER ASIA LP MONTEROSSO FUND I LP LUCENDRO PROTECTED OPTION-B ESM GLOBAL LINARD QUANT ASPECT US FUND LLC MAXIMA ALPHA STR L/S EQTY-B FUND ADV-CONTRAPUNTAL FUND NEXAR SHORT BIAS UCITS-A EUR BASSINI LATIN AMERICA MULTI HENDERSON JAPAN ABSOLUTE RT$ PULSAR CLASS E SP-$ SCIENTIA HEDGE ONEPATH CS-BLACKR A AL ALPHA ALIQUOT COMMODITY FUND-A SWISS HEDGE TRADING-A CHF DYNAMIC POWER HEDGE FUND-FC ABSOLUTE BLUE FUND-A ONSLOW MACRO FUND CAYMAN-A$ PECONIC PARTNERS INTL FD-A BLACKHEATH OFFSHORE LTD REGA CAPITAL DYNAMIC VALUE DB PLAT IV PAULSON GLOB-I1CU LUCAS ENERGY TOTAL RETURN PA RUSSIA DUAL RETURN LTD EQUINOX RUSSIAN OPP FUND LTD MOUNT DENALI GLOBAL TRENDS L EUPHRATES IRAQ FUND LTD LUCAS ENERGY TOTAL RETURN II PRODIGY ASIA & EMERGING MARK ONEPATH OAFP-BR ASSET ALL AL

TotRet1Y
-8.74 -8.77 -8.78 -8.8 -8.8 -8.84 -8.86 -8.86 -8.89 -8.9 -8.91 -8.98 -8.99 -9 -9.07 -9.1 -9.13 -9.15 -9.16 -9.16 -9.17 -9.23 -9.24 -9.25 -9.26 -9.28 -9.33 -9.36 -9.36 -9.37 -9.41 -9.44 -9.45 -9.49 -9.49 -9.49 -9.53 -9.54 -9.58 -9.64 -9.68 -9.7 -9.71 -9.75 -9.76 -9.8 -9.85 -9.86 -9.88 -9.88 -9.9 -9.92 -9.99 -10 -10.02 -10.05 -10.05 -10.06 -10.11 -10.13 -10.15 -10.18 -10.19

ManagementStyle
Emerging Market Equity (Alternative funds) CTA/Managed Futures Distressed Securities Long/Short Equity Macro Long/Short Equity Emerging Market Equity (Alternative funds) CTA/Managed Futures Macro Long/Short Equity CTA/Managed Futures CTA/Managed Futures Macro Equity Fundamental Market Neutral Long/Short Equity Multi-Style CTA/Managed Futures Macro CTA/Managed Futures Distressed Securities Long/Short Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity Macro Long/Short Equity Equity Fundamental Market Neutral CTA/Managed Futures Equity Fundamental Market Neutral Long/Short Equity Fixed Income Long/Short Equity CTA/Managed Futures Fixed Income CTA/Managed Futures CTA/Managed Futures Long/Short Equity Multi-Style Short Biased Equity Multi-Style Long/Short Equity Macro Multi-Style Multi-Style CTA/Managed Futures Long Biased Equity Long/Short Equity Equity Statistical Arbitrage Macro Long/Short Equity CTA/Managed Futures Long/Short Equity Multi-Style Long/Short Equity Macro Emerging Market Equity (Alternative funds) CTA/Managed Futures Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity Multi-Style

ManagementCompany

TotAsset(M) FundType

Manager

Polo Capital Internacional Gestao de Recurso 103.68 Hedge Fund CLAUDIO ANDRADE AIMhedge Management Ltd 20.96 Hedge Fund N.A. Coupland Cardiff Asset Management LLP Hedge Fund JINESH PATEL N.A. DMS Management Ltd 136.8 Hedge Fund PATRICK BURGER Magma Capital AG 42.45 Hedge Fund N.A. Active Alpha AG 69.07 Hedge Fund N.A. GLS Capital Management LLC 8.7 Hedge Fund GEOFFREY L SYMONDS Altegris Portfolio Management Inc/USA Hedge Fund N.A. N.A. FIE Investment Management Ltd Hedge Fund MICHAEL NAVOT N.A. Trimax Capital SA Hedge Fund TRUNG-TIN NGUYEN N.A. AT Administration Cayman Ltd 2,299.27 Hedge Fund N.A. Old Mutual Asset Managers UK Ltd/United Ki 8.84 Hedge Fund STEVE DOW Ortus Capital Management Ltd 662 Hedge Fund JOE ZHOU Royce Management Co LLC 7.71 Hedge Fund GEORGE NECAKOV Kudu Emerging Markets Ltd/United Kingdom N.A. Hedge Fund GEORGE CASE Alternative Strategy Advisers LLC 10.32 Hedge Fund N.A. Regent Asset Management Ltd/St Vincent and 3.57 Hedge Fund PETER KAISER DQS Investment Management BV 1.76 Hedge Fund C.C. COLLEE Estlander & Partners Ltd/Finland 48.5 Hedge Fund MARTIN ESTLANDER Carrousel Capital Ltd 6.79 Hedge Fund BRUNO SANGLE-FERRIERE Maunakai Capital Partners Hong Kong Ltd/Ho 11.07 Hedge Fund WILSON SIU Aspect Capital Ltd 4,979.78 Hedge Fund ANTHONY JAMES TODD Attain Capital Management LLC 1.82 Hedge Fund WALTER GALLWAS Stellar Ltd Hedge Fund N.A. N.A. Aquila & Co AG/Switzerland 61.4 Hedge Fund CHRISTOPH BUCHMANN Llenroc Capital LLC 4.35 Hedge Fund DAVID S POST OnePath Funds Management Ltd/Australia 10.63 Hedge Fund N.A. RoundRock Capital Management LLC 46.64 Hedge Fund PETER VIG Grand Haven Capital AG Hedge Fund PETTER J FJELLSTAD N.A. Premium Currency Advisors AG Hedge Fund GIUSEPPE MANIERI N.A. I2BF Capital Advisors Ltd Hedge Fund ILYA GOLUBOVICH N.A. Kiitos Capital Management LLC 1 Hedge Fund SANTTU SEPPALA Man Investments AG Hedge Fund N.A. N.A. TIG Advisors LLC 47.4 Hedge Fund JIM AYER Monterosso Investment Management Co LLC 6.9 Hedge Fund RYAN DEMING N.A. 1.74 Hedge Fund N.A. Early Stage Managers LLC Hedge Fund N.A. N.A. Aspect Capital Ltd Hedge Fund ANTHONY JAMES TODD N.A. Maxima Alpha BV 30 Hedge Fund SANDRA L MANZKE Simplon Asset Management Ltd Hedge Fund N.A. N.A. Nexar Capital SAS 10.48 Hedge Fund DANIEL MANTINI Bassini + Co LLC 18.5 Hedge Fund EMILIO BASSINI Henderson Global Investors Ltd 201.25 Hedge Fund WILLIAM GARNETT CrossBorder Capital Bermuda Ltd Hedge Fund PABLO CARBAJAL N.A. Scientia Fund Management 50 Hedge Fund N.A. OnePath Funds Management Ltd/Australia 1.59 Hedge Fund N.A. Castlestone Management Inc 110.41 Hedge Fund ANGUS MURRAY Swiss & Global Asset Management AG/Switz 15.38 Hedge Fund GERHARD SCHREIBER BMO Nesbitt Burns Prime Brokerage 709.95 Hedge Fund ROHIT SEHGAL Automata Asset Management Ltd 4.89 Hedge Fund LUIGI GUARINO Onslow Capital Management Ltd 147.26 Hedge Fund NICOLAS GALPERIN Peconic Partners LLC 2.11 Hedge Fund WILLIAM HARNISCH Blackheath Fund Management Inc 2 Hedge Fund CHRISTOPHER FOSTER Rega Capital Management Ltd 23.68 Hedge Fund ZHANG JIE db Platinum Advisors SA 36.79 Hedge Fund N.A. Lucas Energy LLC 128 Hedge Fund RUSSELL LUCAS Dual Return Asset Management Ltd 1.49 Hedge Fund ANVAR GILYAZITDINOV Equinox Fund Management LLC 92.84 Hedge Fund CHARLES HENRI HIRSCH AllMountain Capital AG 25.61 Hedge Fund TILMAN KEESE Euphrates Advisors LLC 26.84 Hedge Fund GEOFFREY S BATT Lucas Energy II LLC 21 Hedge Fund RUSSELL LUCAS Prodigy Capital Partners LLP 211.18 Hedge Fund DAVID ROBINSON OnePath Funds Management Ltd/Australia 7.58 Hedge Fund N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2836 2837 2838 2839 2840 2841 2842 2843 2844 2845 2846 2847 2848 2849 2850 2851 2852 2853 2854 2855 2856 2857 2858 2859 2860 2861 2862 2863 2864 2865 2866 2867 2868 2869 2870 2871 2872 2873 2874 2875 2876 2877 2878 2879 2880 2881 2882 2883 2884 2885 2886 2887 2888 2889 2890 2891 2892 2893 2894 2895 2896 2897 2898

Ticker
NIAGDIS CN ALTGRAH MV TRIUMPH US SAJAISC KY OPBRAAA AU BLRAAAD AU NVPULAA ID FASP020 KY EQUIPRE BM CTGFUTU KY LIFPLU1 LX VALTSUS KY OPPULEA VI OCCAMSA KY WELENLP US QTGLMOA VI ICAL2C2 KY ADCAPII US ROEELSA KY INVRUGR BH LYXPOPU JY DIAMRUS KY ASDITRU ID RGLEMOA KY SITHYPE KY MVPPREG GU GRWSO2B ID BERINGF KY WELELTD BH STNWUSD KY GUIMGDF US IOAMLAE AU HRMBSTA KY BEAMCOM US RHOFSPT VI ICALIC1 KY SHYCHGR KY HEJSARU KY SUPFGDB KY C323CAP US GWSEICA JY SMCPEU1 KY DELIPLP US DELILTD KY MLISGC1 LX PERCPLP US KIIF001 VI SRCURLP US BRIXEMK LX KRASJAA KY PRABRHY KY LAUSTNU KY BTRWEPR KY ARBBRIC KY JAEDD1U KY DKRFQST KY LIBGLOB US ALTWELL MV BHFUTLP CN THARVNL KY ANDGLAA KY PECGREN US CURFNPL KY

Name
NIAGARA DISCOVERY FUND INNOCAP GRAHAM K4D15 SUB-FND TRIUMPH FUND LP SARASIN-JADWA ISLAMIC COMMOD ONEPATH OAFI-BLACKR AS AL AL BLACKROCK ASSET ALLO ALPHA-D NEW VISION-PULSAR GB A-USD A SP020 SEAGULL FUND EQUITY PREMIUM FUND LTD-A GLOBAL FUTURES FND USD LIFE PLUS-LIFE PLUS SUB FD 1 VALU-TRAC STRAT-VALU-TRC-US$ OPPORTUNITY UNIQ LOGICA EQ-A LIONTRUST SORBUS FUND INC-A WELCH ENTREPRENEURIAL LP QT GLOBAL MOMENTUM FD LTD-A ICEBERG ALT REAL ESTAT II-C2 ADIT CAPITAL MGMT II LP ROBUSTO EUR EQTY LNG/SHRT-A INVENTUM RUSSIA ACCEL GROWTH LYXOR-POP EVENT ARBITRAG-USD DIAMOND AGE RUSSIA FUND LTD ASPECT DIVERSIFIED TR-A USDI RGL GLOBAL OPPORTUNITIES LTD SIT-HYPERION TRADING SP-E MVP PREMIUM GBP FUND GREEN WAY SPECIAL OPP FD II EAST CAPITAL BERING RUSSIA F WELCH ENTREPRENEURIAL LTD STONEWARE GLOBAL EQUITIES-$ WILLIAM BLAIR MGD FUTURES FD ONEPATH OAP-BR ASSET AL AL-E HUATAI HK RMB STABLE FUND BEAM-COMMODITIES PROGRAM RHO FUND-FORTIUS 1:2 SP- ICEBERG ALT REAL ESTATE I-C1 SHENG YUAN CHINA GROWTH FUND HENDERSON JPN SEL ABS RET-A$ SUPERFUND GOLD SPC - SP B C3:23CAPITAL PARTNERS LP GROWTH SECURITIES FUND IC-A SAM CAPITAL EQUITY-EUR-1 DELOS INVESTMENT PARTNER LP DELOS INVESTMENT PARTNER LTD MLIS GRAHAM CAP SYS MACRO-B PERIHELION CAPITAL LP KOREA INTERNATIONAL INV FD-A SUNRISE CURRENCY FUND LP BRIXTON SECUR-EMERGING MRKTS KRIYA ASIA JAPAN ALPHA SP SHAREHOLDERS' CONSENSUS FUND LANSDOWNE DEV MK STRA INV-N$ BTR WEALTH PRESERVATION FUND ARBIC BRIC FUND-C JABCAP EVENT DRIVEN FUND-D1$ DKR FUSION QUANT STRAT LIBERTY GLOBAL FUND LP INNOCAP ASPECT DIVERSIFIED BLACKHEATH FUTURES FUND LP THAMES RIVER ISIS FUND-A USD ANDANTE GLOBAL ALPHA FUND-A PECONIC GRENADIER FUND LP THE CFP FUND LTD - CFL FUND

TotRet1Y
-10.22 -10.22 -10.25 -10.26 -10.29 -10.36 -10.37 -10.39 -10.41 -10.45 -10.45 -10.46 -10.47 -10.53 -10.54 -10.59 -10.63 -10.64 -10.64 -10.66 -10.67 -10.7 -10.73 -10.74 -10.74 -10.75 -10.79 -10.8 -10.81 -10.85 -10.88 -10.88 -10.93 -10.94 -10.94 -10.95 -10.97 -10.99 -11 -11.03 -11.03 -11.07 -11.07 -11.07 -11.08 -11.11 -11.13 -11.17 -11.17 -11.22 -11.22 -11.27 -11.28 -11.28 -11.28 -11.31 -11.31 -11.35 -11.37 -11.38 -11.43 -11.44 -11.48

ManagementStyle
CTA/Managed Futures CTA/Managed Futures Long/Short Equity CTA/Managed Futures Macro Macro Macro Multi-Style Multi-Style CTA/Managed Futures Multi-Style CTA/Managed Futures Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Macro Multi-Style Macro Long/Short Equity Long/Short Equity Merger Arbitrage Macro CTA/Managed Futures Macro Macro Fixed Income Arbitrage Multi-Style Emerging Market Equity (Alternative funds) Long/Short Equity Equity Fundamental Market Neutral CTA/Managed Futures Multi-Style Fixed Income CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Emerging Market Debt Long/Short Equity Equity Fundamental Market Neutral Equity Fundamental Market Neutral Macro Equity Statistical Arbitrage Long/Short Equity CTA/Managed Futures Emerging Market Equity (Alternative funds) Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Emerging Market Equity (Alternative funds) Distressed Securities CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) Macro Long/Short Equity CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType
14.93 Hedge Fund Hedge Fund 10.6 Hedge Fund 20.56 Hedge Fund 1.16 Hedge Fund 325.1 Hedge Fund 0.04 Hedge Fund Hedge Fund 2.49 Hedge Fund 54.19 Hedge Fund 52.72 Hedge Fund 203.26 Hedge Fund 31.01 Hedge Fund 12.26 Hedge Fund 47.71 Hedge Fund 10.56 Hedge Fund 48.32 Hedge Fund 15.2 Hedge Fund 7.87 Hedge Fund 360 Hedge Fund 2.01 Hedge Fund 11.13 Hedge Fund 682 Hedge Fund Hedge Fund Hedge Fund 3.1 Hedge Fund 19.26 Hedge Fund 78.29 Hedge Fund 23 Hedge Fund Hedge Fund 34.4 Hedge Fund 18.02 Hedge Fund 6.43 Hedge Fund 4 Hedge Fund Hedge Fund 48.32 Hedge Fund Hedge Fund 56.63 Hedge Fund 1.07 Hedge Fund 3 Hedge Fund 0.61 Hedge Fund 45 Hedge Fund 4.58 Hedge Fund 4.58 Hedge Fund 60.94 Hedge Fund 3.3 Hedge Fund 5.34 Hedge Fund 3.56 Hedge Fund Hedge Fund 8.36 Hedge Fund 3.6 Hedge Fund 579.74 Hedge Fund 42.5 Hedge Fund Hedge Fund Hedge Fund 10 Hedge Fund 2.13 Hedge Fund Hedge Fund 7.8 Hedge Fund Hedge Fund 34.18 Hedge Fund 302.15 Hedge Fund 10.64 Hedge Fund

Manager
ALBERT D FRIEDBERG N.A. WILLIAM HARNISCH DOMINIQUE EHRBAR N.A. DAVID HUDSON PABLO CARBAJAL N.A. N.A. N.A. N.A. PETER M HART N.A. GARY WEST CHRISTOPHER W WELCH N.A. STEPHEN ASHWORTH BOB MITCHELL DANIEL BIERI SERGEY BORZIN N.A. N.A. ANTHONY JAMES TODD IGOR OJERELIEV N.A. MICHAEL STRATFORD N.A. PETER ELAM HAKANSSON CHRISTOPHER W WELCH RICHARD FARRAR ROTHWELL BRIAN ZIV N.A. STEPHEN WONG JOSE MARIO QUINTANA N.A. STEPHEN ASHWORTH LEE KIN-CHUNG SIMON JEREMY HALL CHRISTIAN J BAHA TREBOR CHASE BROWN N.A. DIETMAR SCHMITT TED HOFFMAN TED HOFFMAN N.A. JAVIER RAMIREZ HENRY M SEGGERMAN MARTIN KLITZNER N.A. GAWAIN BARNARD N.A. N.A. N.A. MARK COOKE PHILIPPE JABRE PASCAL MAGNOLLAY CRAIG L CAUDLE N.A. CHRISTOPHER FOSTER KRISTOF BULKAI CHUNLI HOU WILLIAM HARNISCH BRIAN FUDGE

Niagara Capital Partners Ltd Innocap Global Investment Management Ltd N.A. Peconic Partners LLC Bank Sarasin & Cie AG OnePath Funds Management Ltd/Australia BlackRock Investment Management Australia CrossBorder Capital Ltd/United Kingdom Jacky Moncho Finances N.A. Glider Management Ltd Alternative Investments MGR Ltd SL Investment Management Ltd/United Kingd Valu-Trac Investment Management Ltd Opportunity Professional Investment Manage Liontrust Asset Management PLC Welch Capital Partners LLC Quantec Asset Management LLC Reech CBRE Alternative Real Estate LLP Portal Capital LLC Finaport Asset Management Ltd/Switzerland Inventum Asset Management SA SG Hambros Fund Managers Jersey Ltd Diamond Age Capital Advisors Ltd Aspect Capital Ltd RGL Capital N.A. Star Arrow Funds Expertise Ltd N.A. MVP Asset Management LLC Amundi Alternative Investments SAS/France East Capital Asset Management Cayman Ltd Welch Capital Partners LLC Stoneware Capital LLP/United Kingdom N.A. William Blair & Co LLC OnePath Funds Management Ltd/Australia Huatai HK Investment Cayman Ltd Bayesian Efficient Asset Management LLC RHO Asset Management AG N.A. Reech CBRE Alternative Real Estate LLP Sheng Yuan Asset Management Ltd N.A. Henderson Alternative Investment Advisor Ltd Quadriga Trading Management Inc C3:23Capital LLC GML Capital LLP/United Kingdom Sam Capital Partners Ltd Delos Investment Management LLC Delos Investment Management LLC Graham Capital Management LP Perihelion Capital LLC International Investment Advisers LLC Sunrise Capital Partners LLC Harrow Securities N.A. Kriya Capital Ltd Prospect Asset Management Inc Lansdowne Partners International Ltd BTR Investment Management Ltd ARBIC Management Ltd N.A. Jabre Capital Partners Cayman Ltd N.A. DKR Fusion Management LP Liberty Funds Group Inc Innocap Global Investment Management Ltd N.A. Blackheath Fund Management Inc Thames River Capital LLP Andante Capital Partners Ltd N.A. Peconic Partners LLC AMT Futures Ltd

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2899 2900 2901 2902 2903 2904 2905 2906 2907 2908 2909 2910 2911 2912 2913 2914 2915 2916 2917 2918 2919 2920 2921 2922 2923 2924 2925 2926 2927 2928 2929 2930 2931 2932 2933 2934 2935 2936 2937 2938 2939 2940 2941 2942 2943 2944 2945 2946 2947 2948 2949 2950 2951 2952 2953 2954 2955 2956 2957 2958 2959 2960 2961

Ticker
LUENTRO KY SPSEOPP VI CFSWAAA AU COLUMLP US EEAFUTA VI CSHFBRL US KRCSAUI KY GAAQFND BH GLNRFLP VI AIPMAAE AU MFGSFUT TT BRICPLP US GLOPPCA US IIPMAAE AU SPRSD2X LX VOY360D VI EFFDVPE KY BRANTSL NA GREACAO KY ALTSEVR MV EIPALEP MP OCEHEDU KY VAQUSEM US MANMCBS MV GREACAP US ESMSPAZ VI COMPEAB VI KRIYCHN KY STELLPO SS CRVSTAO KY ACEDPCR US CFSAALA AU HGOSASE KY MADSIUB BH MADSIUA BH CRTVSTA US EFDACSP KY SCPSCOPP CN VGSMMFU GR GFPOAGA LE IRISENH GU SALEM2X US MGRAREC ID GIAPSPD VI BALIOS VI SRLGTHB KY MBGLMS2 KY ARRASNI KY GAAQGBP BH HMIMFCR LE DELENRA CN SHEARWA KY ALPHANOR CN MNTVFLA BM MDUSIBA BH QUAGCAE LX JMKLSCA KY NPRIMSA MV SENSIIA KY SOFAHPA KY VARUSEU KY NQUALIA MV TRISCHI KY

Name
LUCAS ENERGY TTL RET O/S-C SPHERE SECTOR OPPORT LTD-A CFST FCWS-BLACKROCK ASST ALL COLUMBUS CAPITAL PARTNERS LP EEA FUTURES FUND LTD-A CSHG FIX BRL FUND LLC KROM RIVER COMMODITY SYS-A$I GAA US$ GLOBAL 'Q' FUND GLENROCK GLOBAL PARTNERS INC ANZ OAIP-BR ASSET AL ALPHA-E MF GLOBAL MULTI-ST FUTURES T BRIGHTLINE CAPITAL PARTNERS GLOBAL OPP CAPITAL APPRECTN ONEPATH OAIP-BR AS AL ALPH-E SPIRIT DIVERSIFIED SD 2X-C VOYAGER360D LTD EFFICIENT DIVERS-PRIVATE EUR BRANTA SOLUTIONS FUND GREEN EAGLE CREDIT OFFSHORE INNOCAP SEVERN RIVER SUB-FND EIP ALEPH FUND OCEANIC HEDGE FUND-A VAQUERO US EM CREDIT FUND LP MANSARD MACRO FUND-B GREEN EAGLE CREDIT FUND LP ESM GLOBAL-SP AZEUS COMPASS EAGLE TREND LTD-B KRIYA CAPITAL-CHINA SEGRE PT STELLA POLARIS CRITERION VISTA OFFSHORE LTD ACE DIVERSIFIED PREM COL P-R CFST FCPS-BLACKROCK ASST ALL H21 GLOBAL OPPORTUNITY-MACRO MAN AHL DIV STRAT USD INC-TB MAN AHL DIV STRAT USD INC-TA CRITERION VISTA FUND LP EFFICIENT DIVERSIFIED-A+SSP SPROTT SMALL CAP HEDGE FUND SMARAGD MANAGED FUTURES FUND PRIME ONE AGMVK MAN INV-IRIS ENHANCED FD-CHF SALEM 2X FUND LP MERCHANT GLB RESOUR UCIT-C$ GIADA PLATINUM SPHERE-D BALIOS GLOBAL LTD - A SEARCHLIGHT HARBOR LTD MKT BRDGE GLBL MCRO STRGY II SOFAER CAP ASIAN HEDGE FD-B GAA GBP GLOBAL 'Q' FUND HMI ANLAGEFONDS-MFC RESCUE DELBROOK ENHANCED RETURN-A SHEARWATER FUND-CHF ALPHANORTH PARTNERS FUND-A FIRST VALUE FUND LTD SAC-A MAN DIR-USD INC BONDS-TR A SUPERFUND GREEN A EUR I-R JEMEKK LONG/SHORT CANADA LTD NOVIUM MULTI STRATEGY FD-A SENSUS STRAT DEPOT II SPC-A SOFAER CAP HEDGE FD-PACIF-B VARUS FUND-EUR FEES NOVIUM QUALITY INVESTMENTS-A TRISKELE CHINA FUND

TotRet1Y
-11.49 -11.5 -11.5 -11.51 -11.52 -11.53 -11.54 -11.57 -11.66 -11.66 -11.67 -11.67 -11.7 -11.7 -11.74 -11.74 -11.76 -11.77 -11.85 -11.91 -11.92 -11.93 -11.93 -11.93 -11.95 -12 -12.01 -12.02 -12.13 -12.19 -12.19 -12.26 -12.28 -12.3 -12.3 -12.33 -12.34 -12.36 -12.42 -12.43 -12.47 -12.47 -12.47 -12.49 -12.55 -12.57 -12.62 -12.64 -12.67 -12.68 -12.68 -12.69 -12.69 -12.7 -12.81 -12.97 -13.02 -13.02 -13.01 -13.03 -13.08 -13.13 -13.18

ManagementStyle
Long/Short Equity Long Biased Equity Macro Long/Short Equity CTA/Managed Futures Fixed Income CTA/Managed Futures Macro Long/Short Equity Multi-Style CTA/Managed Futures Long/Short Equity Long/Short Equity Macro CTA/Managed Futures Macro CTA/Managed Futures Multi-Style Fixed Income Equity Fundamental Market Neutral Multi-Style Equity Fundamental Market Neutral Emerging Market Debt Macro Fixed Income Multi-Style CTA/Managed Futures Multi-Style Equity Fundamental Market Neutral Long/Short Equity CTA/Managed Futures Macro Macro Multi-Style Multi-Style Long/Short Equity CTA/Managed Futures Long/Short Equity CTA/Managed Futures Multi-Style Multi-Style CTA/Managed Futures Long/Short Equity Multi-Style Multi-Style Macro Macro Macro Macro Long/Short Equity Multi-Style Equity Statistical Arbitrage Long Biased Equity Long Biased Equity Fixed Income CTA/Managed Futures Long/Short Equity Multi-Style Macro Macro Long/Short Equity Macro Long Biased Equity

ManagementCompany

TotAsset(M) FundType

Manager

Lucas Capital Management LLC 34 Hedge Fund RUSSELL LUCAS Pegasus Asset Management Ltd 6.31 Hedge Fund N.A. First State Investments 3.31 Hedge Fund N.A. Columbus Capital Management LLC/USA 67.3 Hedge Fund MATTHEW OCKNER EEA Fund Management Ltd 5.7 Hedge Fund DARRAN GOODWIN Credit Suisse Hedging-Griffo Servios Internac 0.42 Hedge Fund ETTORE MARCHETTI Krom River Investment Management Ltd/Cay N.A. Hedge Fund N.A. Global Asset Allocation Ltd 11.48 Hedge Fund N.A. Glenrock Asset Management Associates LP/U 280 Hedge Fund MICHAEL KATZ OnePath Funds Management Ltd/Australia 4.97 Hedge Fund N.A. MF Global Futures Trust Co Ltd/Taiwan 1,318.45 Hedge Fund DANIEL HUANG Brightline Capital Management LLC 32 Hedge Fund NICK KHERA San Juan Asset Management Inc 18.8 Hedge Fund FERNANDO PADRO OnePath Funds Management Ltd/Australia 4.31 Hedge Fund N.A. Spirit Diversified SICAV-FIS 3.3 Hedge Fund N.A. Eternia Capital Management Hedge Fund N.A. N.A. Efficient Capital Management LLC Hedge Fund ERNEST L JAFFARIAN N.A. Roodhals Capital BV Hedge Fund COR TIMMERMANS N.A. Green Eagle Capital LLC 40.39 Hedge Fund GLENN T MIGLIOZZI Innocap Global Investment Management Ltd N.A. Hedge Fund N.A. Enhanced Investment Products Ltd/Hong Kon 30.1 Hedge Fund TOBIAS BLAND Oceanic Investment Management 589.75 Hedge Fund CATO BRAHDE Vaquero Global Investment LP 52.57 Hedge Fund WILBUR MATTHEWS Mansard Capital LLP/United Kingdom Hedge Fund LEON DIAMOND N.A. Green Eagle Capital LLC 13.09 Hedge Fund GLENN T MIGLIOZZI Early Stage Managers LLC Hedge Fund N.A. N.A. Compass Asset Management SA 16.19 Hedge Fund ANTONIO DE BUSTIS Kriya Capital Ltd 4.64 Hedge Fund HANCHING CHOONG Stella Asset Management AB Hedge Fund ANDREAS OLSSON N.A. Criterion Capital Management LLC 64.52 Hedge Fund DAVID RILEY ACE Investment Strategists LLC 2.1 Hedge Fund YU-DEE CHANG Colonial First State Investments Ltd/Australia 1.83 Hedge Fund N.A. Horizon21 Active Alpha Cayman Ltd Hedge Fund N.A. N.A. Man Investments Ltd 17.91 Hedge Fund TIMOTHY WONG TIM Man Investments Ltd 17.91 Hedge Fund TIMOTHY WONG TIM Criterion Capital Management LLC 3.19 Hedge Fund DAVID RILEY Efficient Capital Management LLC Hedge Fund ERNEST L JAFFARIAN N.A. Sprott Asset Management LP/Canada 34.55 Hedge Fund ALLAN JACOBS Varengold Investmentaktiengesellschaft mit T 5.77 Hedge Fund N.A. CAIAC Fund Management AG/Liechtenstein 1.7 Hedge Fund ROBERT SCHIMANKO Credit Suisse AG 348.26 Hedge Fund NIKLAUS HILTI Abraham Trading Co 47.74 Hedge Fund SALEM ABRAHAM Merchant Capital Ltd Hedge Fund N.A. N.A. Giada Strategic Asset Management Ltd/British 1.42 Hedge Fund N.A. Xanthos Asset Management Ltd Hedge Fund N.A. N.A. Seabird Capital Management Ltd 2.56 Hedge Fund N.A. Market Bridge Capital 2.53 Hedge Fund MAYA DRAY Sofaer Capital Inc 83.8 Hedge Fund N.A. Global Asset Allocation Ltd 1.32 Hedge Fund N.A. Minerva Investments AG 7.87 Hedge Fund HELMUT FRIEDRICH Delbrook Capital Advisors Inc Hedge Fund MATTHEW J ZABLOSKI N.A. Osprey Asset Management SA 9.38 Hedge Fund EDUARD SELIGMAN-SCHUERCH AlphaNorth Asset Management 75 Hedge Fund STEVEN PALMER Mint Capital Gestora de Recursos Ltda Hedge Fund PHILIPE BIOLCHINI N.A. Man Investments AG 51.47 Hedge Fund N.A. Superfund Asset Management GmbH 15.94 Hedge Fund CHRISTIAN J BAHA Jemekk Capital International Inc/Barbados 31 Hedge Fund GERARD FERGUSON Novium AG 4.79 Hedge Fund N.A. Sensus Vermogensverwaltungen GmbH 1.16 Hedge Fund GERHARD SCHALLER Sofaer Capital Inc 50.8 Hedge Fund N.A. Varus Capital Management Cayman Ltd 70 Hedge Fund STEFAN HEIECK Novium AG 5.71 Hedge Fund N.A. Triskele Capital Management Ltd 164 Hedge Fund CHAN CHUN-SHING OTTO

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
2962 2963 2964 2965 2966 2967 2968 2969 2970 2971 2972 2973 2974 2975 2976 2977 2978 2979 2980 2981 2982 2983 2984 2985 2986 2987 2988 2989 2990 2991 2992 2993 2994 2995 2996 2997 2998 2999 3000 3001 3002 3003 3004 3005 3006 3007 3008 3009 3010 3011 3012 3013 3014 3015 3016 3017 3018 3019 3020 3021 3022 3023 3024

Ticker
REGSRLI KY SOPGLII VI SGALEUR BH GABGRLS US ARBATFI KY MILCMMD KY INVALGA BH COCAPII US MILCOMM US TAILPRO KY ININGDC VI AJIARLO KY SPROHEDL CN TECUSLP US TECHALP KY REEVFLT KY ACCGLAS SM LYXEPAU ID QDSPJPA KY JPCTCOR KY ZEPHLAT US ZEPLATC KY RABENEA KY RIVNAGRO CN NOMNSKM KY COCAP2C KY BLUESKY KY ACCELGP US NWCMFUB KY FUSVAA5 KY JP2CADO KY SKLSFLD KY PARIFUT US QUAGCAU LX AM2GBP1 BH GBCSLA2 US PIVORYI GU TANTALF KY SWINGFX CN AISCAPG US MDLUIBD BH DUNNMIP US VISINDP US GLGGAGF KY SEQAGGR VI PILPACC VI ARMORLP US VGSPMFT GR CALYPSO KY NWCFP2X US AMSYSUC MV CYPRFND US EGMCTCH US TERACPVT CN MCPOPPC KY HAWKGDP US OSIRISI US AFB482G US MANSYAA BH FEVBIOT KY SMCHOFI KY ROCKCSA US TREMEOF KY

Name
SRI LANKA FUND SOPHIA GLOBAL INVESTMENTS-A SG ALPHA EMRG EUROPE-EUR GABELLI GREEN LONG/SHORT FND ARBAT GLOBAL FD-FIXED INCOME MILLBURN COMMODITY FUND LTD INVENTUM ALGORITHMIC FD LTD CONNECTIVE CAPITAL II QP LP MILLBURN COMMODITY FUND LP TAILPROTECT LTD INSCH INSIGHT LTD-C GOLDILCK AJIA-PART ASIA ABSOLUTE RE-A SPROTT OPPORTUNITIES HEDGE RCM TECH ALPHA PARTNER US LP TECH ALPHA FUND LTD ECP EMERGING EUROPE VALUE-$ ACCURATE GLOBAL ASSETS FIL LYXOR EPSILON UNIT TRUST-A$ SUPERFUND GREEN A SERIES 1 JP SPC 2-CATHEDRAL OFFS CORE ZEPHYR LATIN AMERICAN FD LP ZEPHYR LATIN AMERICAN CAY LP RAB ENERGY FUND LTD-A RIVAL NORTH AMERICAN GR LP-A NOMURA MN (SAKURA) MASTER FD CONNECTIVE CAPITAL II CAYMAN BLUE SKY JAPAN INC - JAPAN-A ACCELA GLOBAL PROGRAM NUWAVE COMBINED FUTURES-B FUSION V SERIES A-LONG VOL-A JP SPC 2-CA D'ORO FUND SP SPARX KOREA LONG-SHRT FD-A PARIZEK CAPITAL INC-FUTURES SUPERFUND GREEN A USD-R AM2 BERMUDA LIMITED FUND-GBP GLOBAL COMMODITY SYST LP-A2 SGAS LTD-IVORY IOTA CELL TANTALLON NON US FEEDER FUND SWING FX PROGRAMME AIS CAPITAL GROWTH FUND LP-A MAN DIRECT-THE INCOME BOND A DUNN MOSAIC INSTITUT PROGRAM VISTA CTA LLC-INDEX PROGRAM GLG GLOBAL AGGRESSIVE FUND SEQUOIA AGGRESSIVE GROWTH PILGRIM PACIFIC STRATEGY-C ARMORY FUND LP SAPHIR MANAGED FUTURES FUND CALYPSO FUND-I NUWAVE COMBINED FUTURES 2X AMATI SYSTEMATIC TREND-$C THE CYPRESS FUND LP EGM COMMUN & TECHNOLOGY FUND TERA BALANCED SMALL CAP FUND MARCO POLO PURE PAN-CHINA HAWKSBILL CAP-GLOBAL DIV PR OSIRIS INVEST PARTNERSHIP LP AFB LLC-FORTYEIGHTERS II GLD MAN SYNERGY SER A LTD-TRCH A FIRST EAGLE VALUE BIOTECH-B2 SIMON MURRAY & CO CHINA FD-A ROCKVIEW CAPITAL SHORT ALPHA TRAXIS EMERG MKT EQTY OFFSHR

TotRet1Y
-13.25 -13.28 -13.32 -13.35 -13.52 -13.56 -13.56 -13.57 -13.58 -13.59 -13.67 -13.77 -13.79 -13.82 -13.82 -13.85 -13.96 -14.01 -14.13 -14.16 -14.2 -14.2 -14.24 -14.24 -14.25 -14.31 -14.36 -14.43 -14.49 -14.63 -14.65 -14.67 -14.67 -14.73 -14.73 -14.8 -14.85 -14.9 -14.92 -14.94 -15.02 -15.05 -15.07 -15.24 -15.37 -15.42 -15.43 -15.45 -15.51 -15.55 -15.66 -15.77 -15.79 -15.81 -15.84 -15.9 -16.07 -16.07 -16.08 -16.1 -16.11 -16.12 -16.15

ManagementStyle
Emerging Market Equity (Alternative funds) Macro Emerging Market Equity (Alternative funds) Long/Short Equity Fixed Income CTA/Managed Futures Long/Short Equity Equity Fundamental Market Neutral CTA/Managed Futures Macro CTA/Managed Futures Long Biased Equity Long/Short Equity Equity Fundamental Market Neutral Equity Fundamental Market Neutral Emerging Market Equity (Alternative funds) Multi-Style CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long Biased Equity Long Biased Equity Long/Short Equity Long/Short Equity Equity Fundamental Market Neutral Equity Fundamental Market Neutral Long/Short Equity CTA/Managed Futures CTA/Managed Futures Multi-Style CTA/Managed Futures Equity Fundamental Market Neutral CTA/Managed Futures CTA/Managed Futures Multi-Style CTA/Managed Futures Multi-Style Long Biased Equity CTA/Managed Futures Long Biased Equity Fixed Income CTA/Managed Futures CTA/Managed Futures Macro Multi-Style CTA/Managed Futures Distressed Securities CTA/Managed Futures Multi-Style CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long/Short Equity Long/Short Equity Long Biased Equity CTA/Managed Futures Equity Fundamental Market Neutral CTA/Managed Futures Multi-Style Macro Long Biased Equity Fixed Income Macro

ManagementCompany

TotAsset(M) FundType

Manager

Guardian Fund Management Ltd 2.1 Hedge Fund SUMITH PERERA Sophia Asset Management Ltd 13.04 Hedge Fund N.A. Emerging Asset Management Ltd 17.42 Hedge Fund N.A. Gabelli & Partners LLC 15.22 Hedge Fund N.A. Arbat Global Management Ltd Hedge Fund OLEG PANFEROV N.A. Millburn Ridgefield Corp 29 Hedge Fund N.A. Inventum Algorithmic Asset Management SA 5.19 Hedge Fund SERGEY BORZIN Connective Capital Management LLC 14.57 Hedge Fund ROBERT ROMERO Millburn Ridgefield Corp 29 Hedge Fund N.A. Man Investments Ltd Hedge Fund SANDY RATTRAY N.A. Insch Investment Partners Ltd 2.75 Hedge Fund CHRISTOPHER CRUDEN Ajia Partners Asset Management Inc 67.58 Hedge Fund N.A. Sprott Asset Management LP/Canada 59.88 Hedge Fund CHARLES OLIVER RCM Capital Management LLC/USA 118.3 Hedge Fund SEBASTIAN THOMAS RCM Capital Management LLC/USA 118.3 Hedge Fund SEBASTIAN THOMAS Elbrus Capital Partners LLP 37 Hedge Fund JURY OSTROWSKY Renta 4 Gestora SGIIC SA/Spain 0.62 Hedge Fund NARCISO VEGA Lyxor Asset Management Ireland Ltd 24.15 Hedge Fund N.A. Quadriga Japan Trading Ltd Hedge Fund N.A. N.A. Cathedral Core Services LP 0.24 Hedge Fund N.A. ZLA LLC 8.1 Hedge Fund FERNANDO X DONAYRE ZLA Ltd 8.1 Hedge Fund FERNANDO X DONAYRE RAB Capital Ltd 27 Hedge Fund GAVIN WILSON Rival Capital Management Inc 15.6 Hedge Fund TONY WARZEL Global Funds Trust Co/Cayman Islands 2,690.00 Hedge Fund SOTARO OHASHI Connective Capital Management LLC 1.85 Hedge Fund ROBERT ROMERO Blue Sky Capital Management Pty Ltd 22 Hedge Fund MICHAEL HILL Accela Capital Management LLC 6.78 Hedge Fund WILLIAM ALEXANDER SPIES NuWave Investment Management LLC 246.9 Hedge Fund TROY W BUCKNER Fusion Asset Management LLP Hedge Fund KIRILL ILINSKI N.A. San Marco Asset Management Ltd 1.15 Hedge Fund N.A. Fairchild Advisors Limited/Cayman Islands 71.45 Hedge Fund KEVIN CHOI Parizek Capital Inc 1.95 Hedge Fund SCOT LOWRY Superfund Asset Management GmbH 24.65 Hedge Fund CHRISTIAN J BAHA City Capital Asset Management Ltd/Bermuda 8.5 Hedge Fund NICK PRICE Global Commodity Systematic LP 16.37 Hedge Fund N.A. Sciens Group Fund Services Ltd Hedge Fund N.A. N.A. Tantallon Capital Ltd 22 Hedge Fund NICHOLAS ERNEST HARBINSON Swing Capital Inc 24 Hedge Fund FREDERIC BETTAN AIS Capital Management LLC 6.98 Hedge Fund JOHN R HUMMEL Man Investments Ltd 14.34 Hedge Fund N.A. Dunn Capital Management LLC 511 Hedge Fund WILLIAM DUNN Vista CTA LLC 2.27 Hedge Fund GEORGE D RAHAL GLG Partners LP 71.34 Hedge Fund NOAM GOTTESMAN Nemo Asset Management Ltd 18.42 Hedge Fund N.A. Pilgrim Asset Management Ltd 0.5 Hedge Fund ALEXANDER IVANOV Armory Advisors LLC 16.3 Hedge Fund JAY B BURNHAM Hedge Fund N.A. Varengold Investmentaktiengesellschaft mit T N.A. Calypso Management Co 5.88 Hedge Fund MENO EYTAN NuWave Investment Management LLC 617.1 Hedge Fund TROY W BUCKNER Amati Global Investors Hedge Fund N.A. N.A. Westport Capital Management Corp 1.84 Hedge Fund KENNETH S WEBSTER Falcon Point Capital LLC 6.9 Hedge Fund MICHAEL J MAHONEY Tera Capital Corp 2.1 Hedge Fund HOWARD G SUTTON Marco Polo Pure Asset Management CaymanN.A. Hedge Fund TANG WING MUI CHRIS Hawksbill Capital Management 103 Hedge Fund THOMAS SHANKS Osiris Capital Management LLC 21.7 Hedge Fund PAUL S STUKA AFB LLC 2.21 Hedge Fund GEORGE COCALIS Man Investments CH AG Hedge Fund N.A. N.A. First Eagle Investment Management LLC 18 Hedge Fund DANIEL V DECLUE Hedge Fund N.A. Simon Murray & Co Cayman Ltd/Cayman IslaN.A. Rockview Management LLC Hedge Fund KEVIN SCHWEITZER N.A. Traxis Partners LP 89 Hedge Fund ANDY SKOV

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
3025 3026 3027 3028 3029 3030 3031 3032 3033 3034 3035 3036 3037 3038 3039 3040 3041 3042 3043 3044 3045 3046 3047 3048 3049 3050 3051 3052 3053 3054 3055 3056 3057 3058 3059 3060 3061 3062 3063 3064 3065 3066 3067 3068 3069 3070 3071 3072 3073 3074 3075 3076 3077 3078 3079 3080 3081 3082 3083 3084 3085 3086 3087

Ticker
TREMEON US PHAROSG KY MAMICTP US UNIALBA IM GABELIG BH ISSYSAU KY DIASRTI LX SMCCNMI KY SVALREB KY LGDPMA1 ID QBASFUT KY BCMLSEA CN SGMIEDY ID RHCIT2X VI CASTLPA US KOHCORA ID BAFFNDI VI RGNIIPP KY SUPFGDC KY MMULTIA KY HMISETI LE ASTSCZU KY SIMALPH KY CHVALIN KY CASSTUA KY JP5CTAC KY RPMDIVS KY GLXCDVA KY GAMEMSI VI SPECGLD US PREIPO1 KY SUPERAU KY SALAMAN KY TRINTRA US FUSGVA4 KY QUAGCBE LX QUASUPA US SEFRUSA VI HALCYON KY ALTNUWA MV LGIMGMA ID QUAHEDG KY MSUSDIA BH SVMHIGH ID GOLDDIS NA ABSVALF US QUAGCFE LX GRUNIFD US HMITAMR LE RPEMMAA KY HHGENIC KY KAZACOM BH SPCHOPA KY SMNDIVF LX QUAGCBU LX MNUSDIA BH SPCHOUA KY AJILGTH KY ADCAIII US SRDAVLP US QUADRIG AV SRCDLTD KY GUILHMB GU

Name
TRAXIS EMERG MKT EQTY ONS LP PHAROS GAS INVESTMENT FUND-A MOBIUS ASSET MGMT-CUS TRA PR UNIFORTUNE LG SH ALBATROSS-A GABELLI INTL GOLD FUND LTD-B ISAM SYSTEMATIC-A$ DIAMAN SICAV-FGS SYS TRADI-F SMC CHINA NEW MARKETS SP I XRAY COMMODITY FUND-B LAMP WELTON GDP MASTER-MA1$ QBASIS FUTURES FUND-A BCM LONGSHORT EQUITY - A LYXOR - MIZUHO EPSILON-D RHO FUND SPC-CITIUS 2XL SP- CASTALIA STRAITS LP-A 36 SOUTH-KOHINOOR CORE FD-A BAFFIN FUND LTD ROY G NIEDERHOFFER IHDG INFL SUPERFUND GOLD SPC - SP C MASON MULTI STRATEGY-A HMI ANLAGEFONDS-SELECT ETI ARMAJARO STS COMMODITIES-Z$ SIMPLON CAP-ALPHALGO SP-EUR CHINA VALUE INVESTMENT FUND CASTALIA STRAITS LIMITED-A JP SPC 5 CERTUS ALPHA CAPITL RPM SPC-DIVERSIFIED SP GALAXY CHINA DEEP VALUE-A GAM EMERGING STRATEGY INC- SPECTRUM-GLOBAL DIVERSIFIED RENAISSANCE PRE-IPO FUND SUPERFUND SPC - PORTFOLIO A$ SALAMANDER INC-CLASS B TRINERGY TRADING FUND LP FUSION GLOBAL VOLATILITY-A4 SUPERFUND GREEN B EUR-R SUPERFUND GREEN LP-SERIES A SEFTON RUSSIA CAPITAL-A HALCYON POWER INVESTMENT CO INNOCAP NUWAVE SUB-FUND LGIM GLOBAL MACRO FUND PLC-A SUPERFUND GREEN HF A MAN SYNERGY-USD INCOME BDS-A SVM HIGHLANDER FUND- COMMODITY DISCOVERY FUND ABSOLUTE VALUE FUND LLLP SUPERFUND GREEN GCT EUR GRUNION FUND LP HMI ANLAGEFONDS-TAM FULL RET RP EMERGING MARKETS FD-A EUR HH GENERATION INC KAZAKH COMPASS FUND LTD SPRINGS CHINA OPPORT FF-A SMN DIVERSIFIED FUTURES FD SUPERFUND GREEN B EUR-R MAN IP 220 GLG SER2-USD IN-A SPRINGS CHINA OPPORT US FF-A AJIA-LIGHTHORSE CHINA GRTH ADIT CAPITAL MGMT III LP SUNRISE DAVCO FUND LP SUPERFUND GREEN Q-AG SUNRISE CAPITAL DIVERSIF LTD MELAMPUS MANAGED STERLING-B

TotRet1Y
-16.2 -16.21 -16.29 -16.34 -16.36 -16.38 -16.45 -16.49 -16.5 -16.55 -16.58 -16.59 -16.71 -16.73 -16.79 -16.84 -16.87 -16.88 -16.92 -16.94 -16.96 -17.12 -17.27 -17.3 -17.43 -17.44 -17.46 -17.53 -17.58 -17.59 -17.63 -17.63 -17.64 -17.65 -17.65 -17.69 -17.73 -17.84 -17.93 -18.09 -18.11 -18.12 -18.19 -18.23 -18.25 -18.35 -18.39 -18.44 -18.5 -18.56 -18.67 -18.67 -18.69 -18.7 -18.81 -18.83 -18.86 -18.89 -18.91 -19.06 -19.18 -19.19 -19.28

ManagementStyle
Macro Long/Short Equity CTA/Managed Futures Long/Short Equity Equity Fundamental Market Neutral CTA/Managed Futures Equity Statistical Arbitrage Long Biased Equity CTA/Managed Futures Macro CTA/Managed Futures Long/Short Equity CTA/Managed Futures CTA/Managed Futures Long/Short Equity Multi-Style Macro Macro CTA/Managed Futures Multi-Style Multi-Style CTA/Managed Futures CTA/Managed Futures Long Biased Equity Long/Short Equity Multi-Style CTA/Managed Futures Long/Short Equity Emerging Market Debt CTA/Managed Futures Emerging Market Equity (Alternative funds) CTA/Managed Futures Long/Short Equity CTA/Managed Futures Multi-Style CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Multi-Style Macro CTA/Managed Futures Long/Short Equity Long/Short Equity Long/Short Equity Macro CTA/Managed Futures Long/Short Equity Macro Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Multi-Style Long/Short Equity CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity Long Biased Equity Macro CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Macro

ManagementCompany

TotAsset(M) FundType
Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
ANDY SKOV PETER HALLORAN JOHN MCLANE N.A. CAESAR M P BRYAN N.A. N.A. TONY YAM PATRICK BLUM N.A. N.A. N.A. BENOIT RUAUDEL N.A. JAY C GOODGAL RICHARD HOLLINGTON N.A. ROY NIEDERHOFFER CHRISTIAN J BAHA N.A. HELMUT FRIEDRICH JOHN TILNEY N.A. HAO WANG JAY C GOODGAL N.A. N.A. JOE CHAN PAUL MCNAMARA MICHAEL SONGER N.A. CHRISTIAN J BAHA N.A. CRAIG S WILKINSON KIRILL ILINSKI N.A. CHRISTIAN J BAHA DMITRY KAMBOLIN DAVID HERNE N.A. DAVID NORTH CHRISTIAN J BAHA N.A. COLIN WILLIAM MCLEAN N.A. JAMES V DEBEVEC II CHRISTIAN J BAHA MARK SOTTOSANTI HELMUT FRIEDRICH RAFAEL BERBER DAVID HERNE RONAN GUILFOYLE JAMES ZHAO N.A. CHRISTIAN J BAHA N.A. JAMES ZHAO XIAOYANG KANG BOB MITCHELL MARTIN KLITZNER N.A. MARTIN KLITZNER ELIAS KARAKITSOS

Traxis Partners LP 114 Pharos Financial Advisors Ltd 2.94 Mobius Asset Management Inc 0.4 Unifortune Asset Management SGR SpA/Italy 12.4 Gabelli Asset Management Co - Investment P 1.5 International Standard Asset Management 405 Degroof Gestion Institutionnelle - Luxembourg 15 Simon Murray & Co Cayman Ltd/China N.A. Black Ruby Holding SA 7.65 Welton Investment Corp 6.17 Qbasis Fund Management 11.36 Barometer Capital Management Inc 24.14 Lyxor Asset Management Ireland Ltd 917.93 RHO Asset Management AG N.A. Castalia Advisors LLC 17 36 South Capital Advisors LLP 162.07 Baffin Capital Management Ltd 1.01 R G Niederhoffer Capital Management Inc/US 4 Superfund Capital Management Inc 57.33 Sussex Capital Management Ltd N.A. Minerva Investments AG 3.58 Armajaro Asset Management LLP N.A. Simplon Asset Management Ltd N.A. China Value Investment Ltd 15.89 Castalia Advisors LLC 12.69 JP Fund Services SA 0.99 RPM Risk & Portfolio Management AB N.A. Galaxy Asset Management BVI Ltd N.A. GAM International Management Ltd 31,396.89 Spectrum Asset Management LLC 265 Renaissance Capital Investment Managemen 45.12 Quadriga Capital Management Inc/Grenada 5.28 Hawkwood Capital Ltd/Bahamas 14.88 Treasury Management Services Inc 4.48 Fusion Asset Management LLP N.A. Superfund Asset Management GmbH 27.6 Superfund Capital Management Inc 72.58 Sefton Asset Management Inc 1.49 Halcyon Advisors Inc 240 Innocap Global Investment Management Ltd N.A. Legal & General Investment Management Ltd 258.91 Quadriga Trading Management Inc 2.27 Man Investments Ltd 93.67 Scottish Value Management 8.9 Commodity & Discovery Management BV 3.87 Absolute Value Capital Management Inc 0.5 Superfund Asset Management GmbH 16.86 Grunion Capital Management LLC 16.9 Minerva Investments AG 1.71 RP Capital Partners Cayman Islands Ltd 13.84 Halcyon Advisors Inc 63 Compass Asset Management Ltd 42.63 Springs Capital Singapore Pte Ltd N.A. SMN Investment Services Ltd 100.35 Superfund Asset Management GmbH 16.71 Man Investments AG N.A. Springs Capital Singapore Pte Ltd N.A. Ajia-Lighthorse Asset Management Inc/Hong 163.35 Portal Capital LLC 6.2 Sunrise Capital Partners LLC 132.24 Superfund Unternehmens-Beteiligungs-AG/Au 236.12 Sunrise Capital Partners LLC 2.8 Guildhall Research & Management Co Ltd N.A.

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
3088 3089 3090 3091 3092 3093 3094 3095 3096 3097 3098 3099 3100 3101 3102 3103 3104 3105 3106 3107 3108 3109 3110 3111 3112 3113 3114 3115 3116 3117 3118 3119 3120 3121 3122 3123 3124 3125 3126 3127 3128 3129 3130 3131 3132 3133 3134 3135 3136 3137 3138 3139 3140 3141 3142 3143 3144 3145 3146 3147 3148 3149 3150

Ticker
QUADAGA AV QUAGCFU LX CHPKERA KY ASLSPSIT CN ALAGRIA VI GENCTFA VI DUNNWMA US SUPRFDA AV HBCGLOB US RPEXLLC US RPEXPLO KY JP5GENE KY CENASPR KY HENDGRP KY CAMCHNA KY CRAEQFD US MOCTFND KY EWADVJM KY VIOLETF KY HLMNJDP US GAMCOFA KY GRNENMT US MDPRITE AI G10ROSO KY MRIODAS KY HLMNJDL US CAMGCSM KY ENDOWLP US VULLAVA KY RPMDVST KY GLGGMAR KY FGLOBLP US HUDRIVR KY AIK AU G10ROSU US ROSSEAU1 CN MOPEALP US GLFHIAL US BLSKYA1 KY DWMAUIC ID COMAFUT US LWEMOFD KY MOPEALA BH PATDSKI US ENSISGRO CN SEVGLMA FP AGF5EG1 GU ATLRIVR KY WERQGSI JY QUAGCCE LX ARTRUSS KY LAUNCAP US CRSTEHLP CN KUBC LN POLCHIA KY ECSIIAE LX FRIEDCUR CN QUAGCCU LX BEACHHF KY PASINLD KY RENFIN1 VI IRGLOBS KY SUPERBU KY

Name
SUPERFUND GREEN Q-AG ANSPAR SUPERFUND GREEN GCT USD CHELSTON PARK ENERGY RESOU-A PRIMEVESTFUND ALIQUOT AGRICULTURE FUND-A GENESIS CLEAN TECH FUND-A WORLD MONETARY & AGRICULTURE SUPERFUND GRN A GENUSSSCHEIN HYMAN BECK & CO - GLOBAL PRT RP EXPLORER FUND LLC-A RP EXPLORER FUND-A JP SPC 5-GENEVENSIS FUND AR CENTRAL ASIAN PROSPERITY FD HENDERSON GROWTH FUND-PART CAM GREATER CHINA OPPRTY CRAIGMILLAR EQUITY FUND LP MOCT FUND LTD EPIC WISDOM ADVANCED F-JPY M VIOLET EMERGING MARKETS FUND HELLMAN JORDAN PRIV LTD LP GALAXY CHINA OPPORTUNITIES-A GREEN ENERGY METALS FUND LP MARIA DESATADORA-PRITIVA- G10 - ROSSEAU SPECIAL SIT-A UMJ RIODAS FUND - A1 HELLMAN LIGHTHOUSE LP II CAM GREATER CHINA SMALL CAP ENDOWMENT CAPITAL LP VULPES LONG ASIAN VOL AND AR RPM SPC DIVERSIFYING STR SP GLG GBL MNG & RES FUND-A/RS FIREBIRD GLOBAL FUND 2 LP HUDSON RIVER RUSSIA FUND LTD ARMIDALE INVESTMENT CORP LTD G10 - ROSSEAU SPECIAL SIT US ROSSEAU LIMITED PARTNERSHIP MONT PELERIN ALPHA FUND LP GLOBAL FUSION HIGH ALPHA LP BLUE SKY WORLD-A-1 MONTLAKE-DUNN WMA UCITS-UIC CONQUEST MANAGED FUT SEL-1X LW NATURAL RESOURCES OPPORTU MONT PELERIN ALPHA FUND-A PATTON DARK SKIES FUND LLC ENSIS GROWTH FUND SEVEN GLOBAL MACRO FUND AHL GLOBAL FUTURES 5 EUR-G1 RIVERWOOD CHINA FORTUNE FUND WERMUTH QUANT GLBL STRAT IC SUPERFUND GREEN C EUR-R VULPES RUSSIAN OPPORTUN FUND LAKE UNION CAPITAL FUND LP BROMPTON ENERGY OPPORTUNIES KUBERA CROSS-BORDER FUND POLARIS CHINA ASCEND FUND-A EAST CAPITAL SPEC OPP II-A THE FRIEDBERG CURRENCY FUND SUPERFUND GREEN C USD-R BEACH HORIZON FUND LTD-$ PASSAGE TO INDIA OPPOR F LTD RENFIN LIMITED-A STR INVTMT TRIBE-IRO GL-C SUPERFUND SPC - PORTFOLIO B$

TotRet1Y
-19.3 -19.32 -19.49 -19.6 -19.67 -19.71 -19.74 -19.8 -19.81 -20.06 -20.06 -20.08 -20.19 -20.21 -20.22 -20.39 -20.5 -20.62 -20.83 -20.92 -20.94 -21.06 -21.09 -21.14 -21.18 -21.26 -21.31 -21.33 -21.37 -21.37 -21.38 -21.47 -21.66 -21.67 -21.77 -21.79 -21.9 -22 -22.05 -22.07 -22.11 -22.17 -22.19 -22.19 -22.26 -22.44 -22.57 -22.66 -22.7 -22.78 -22.79 -23.13 -23.43 -23.57 -23.65 -23.71 -23.71 -23.81 -23.85 -23.87 -24.45 -24.53 -24.62

ManagementStyle
Macro CTA/Managed Futures Long/Short Equity Multi-Style CTA/Managed Futures Long Biased Equity CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Multi-Style Long Biased Equity Macro Macro Long Biased Equity Emerging Market Equity (Alternative funds) Long/Short Equity Emerging Market Equity (Alternative funds) Long Biased Equity Multi-Style Macro Equity Statistical Arbitrage Distressed Securities Long Biased Equity Long/Short Equity Long/Short Equity Long/Short Equity Capital Structure/Credit Arbitrage CTA/Managed Futures Long/Short Equity Macro Emerging Market Equity (Alternative funds) Equity Fundamental Market Neutral Distressed Securities Distressed Securities Long/Short Equity Macro Macro CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) Long/Short Equity Multi-Style Long/Short Equity Macro CTA/Managed Futures Long Biased Equity Long/Short Equity CTA/Managed Futures Emerging Market Equity (Alternative funds) Long Biased Equity Long/Short Equity Multi-Style Long/Short Equity Distressed Securities CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Long Biased Equity Equity Fundamental Market Neutral CTA/Managed Futures CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType
35.02 18.16 Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
CHRISTIAN J BAHA CHRISTIAN J BAHA FRANK L MERSCH RYAZ SHARIFF CLAUDIO OLIVEIRA CHIHIRO SAWAI WILLIAM DUNN CHRISTIAN J BAHA CARL J BECK RAFAEL BERBER RAFAEL BERBER N.A. IVAN NIKOLAEVICH MAZALOV N.A. TIN HUNG ROBERT S PRESTON N.A. HIDEMATSU TAKE N.A. JERRY JORDAN JOE CHAN BOB MITCHELL LAWRENCE IKEM FEJOKWU WARREN B IRWIN MAKOTO KIKUCHI JERRY JORDAN TIN HUNG PHILIP C TIMON STEPHEN C DIGGLE N.A. TIM MEDLAND JAMES C PASSIN ELLIOT DANILOFF N.A. WARREN B IRWIN WARREN B IRWIN CHARLES D MARTIN SCOTT DOOLEY MICHAEL HILL WILLIAM DUNN MARC H MALEK CARLOS ZALLES CHARLES D MARTIN STEVE PATTON JENIFER A BARTMAN JOHANN NOUVEAU TIMOTHY WONG TIM N.A. N.A. CHRISTIAN J BAHA STEPHEN C DIGGLE MIKE SELF ROBERT J TOOLE WIJEYARAJ MAHADEVA KUMAR SKY CHEUNG N.A. ALBERT D FRIEDBERG CHRISTIAN J BAHA DAVID BEACH RALPH KRUGER SERGEY PETROVICH NAZAROV PETER WEIDINGER CHRISTIAN J BAHA

Superfund Unternehmens-Beteiligungs-AG/Au N.A. Quadriga Fund Management Inc Front Street Capital Inc Primevest Capital Corp N.A. Castlestone Management Inc N.A. ICG Investment Management Asia Ltd/Hong K Dunn Capital Management LLC Superfund Asset Management Beteiligungs A Hyman Beck & Co RP Capital Partners Cayman Islands Ltd RP Capital Partners Cayman Islands Ltd Genevensis Capital SA Prosperity Capital Management/Cayman Islan Sussex Capital Management Ltd N.A. Champion Asset Management Ltd N.A. Craigmillar LLC N.A. Thesaurus Fund Management Ltd N.A. Epic Partners Investments Co Ltd N.A. AppleTree Capital Group Services SA Hellman Jordan Management Co Inc Galaxy Asset Management BVI Ltd N.A. Portal Capital LLC Chazon QTA: Quantitative Trading Artists LLC N.A. G10 Global Asset Management Ltd/Cayman I United Managers Japan Inc/Japan N.A. Hellman Jordan Management Co Inc Champion Asset Management Ltd N.A. Endowment Capital Group LLC Vulpes Investment Management Pte Ltd RPM Risk & Portfolio Management AB N.A. GLG Partners Cayman Ltd N.A. FG2 Advisors LLC Daniloff Capital Armidale Investment Corp Ltd G10 Global Asset Management Ltd/Cayman I Rosseau Asset Management Ltd Mont Pelerin Capital LLC Fusion Capital Management LLC/USA N.A. Blue Sky Capital Management Pty Ltd Dunn Capital Management LLC N.A. Conquest Capital LLC/USA LW Investment Management Ltd Mont Pelerin Capital LLC Patton Investments LLC Endowment Policy Management Seven Capital Management SAS Man Investments Ltd Atlantis Investment Management Ltd Wermuth Asset Management GmbH Superfund Asset Management GmbH Vulpes Fund Management Pte Ltd/Singapore Lake Union Capital Management LLC Creststreet Investment Management Ltd/Cana Kubera Partners LLC/United States Polaris Securities Hong Kong Ltd N.A. East Capital Asset Management AB/Sweden Toronto Trust Management Ltd Superfund Asset Management GmbH Beach Horizon LLP Arcstone Capital Ltd Renaissance Asset Managers Hardwood Fund Management Quadriga Capital Management Inc/Grenada

1.7 237 12.91 461.27 86.11 86.11 4.06 17.28

15.2 12.2 21.2 34 5.3 62.4 29.98

46.23 24.5 18.92 3 177 16.52 41 2 12.8 1.17 0 92.3 0.92 2.73 25.16 1.38 14.47 36.5 44.5 17.1 208.06 35.78 7.21 22.58 706 142 113.84 7.21 22.76

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
3151 3152 3153 3154 3155 3156 3157 3158 3159 3160 3161 3162 3163 3164 3165 3166 3167 3168 3169 3170 3171 3172 3173 3174 3175 3176 3177 3178 3179 3180 3181 3182 3183 3184 3185 3186 3187 3188 3189 3190 3191 3192 3193 3194 3195 3196 3197 3198 3199 3200 3201 3202 3203 3204 3205 3206 3207 3208 3209 3210 3211 3212 3213

Ticker
QUASUPB US LEXKTPA US SCOPPOR US GFAINOP LE MERGLGR VI MARLNAU MV WERGEVA CY RESOECO US FXWAVDB VI SYSTGBT VI INNLPHX CN BRZSPBF KY DVPSH13 RU MAXEMEB JY DENHOIA BH DENHOLA BH ACESTSI US RENFIN2 VI CCVXMD1 ID TICKDTB VI SUPRFDB AV SOUCULA ID AHLGF4E GU AHLGFU3 GU APGOLUS KY BERINGU KY MERARBC KY HWACTIV KY MVPPREU GU SUPERFU KY SPECGCA VI QUIKPOL US TRSCOPP US RABSPSF KY IQSPERF KY PALTRDC KY RABSPEC US BGBOPPE KY EPUFATP BM IFOSTRA LE TERCGTEU CN AHLGF2E GU FRAFUNA VI AGF7EK1 GU SMGSVCF MV FMONGLA KY CONMACR BM RIGIIIA VI MAYURHE KK DBESTFU US AHLGLFP GU CONQMAC US ASHAPCU KY SPRBUBEA CN VGRUBMF GR AISGOLD US UIFLORG BM AHLGFT6 GU RENDISA VI SUPERCU KY SUPRFDC AV DUNNMOS US AIMSPHG VI

Name
SUPERFUND GREEN LP-SERIES B LEXINGTON-KEYSTONE TRADING-A SC OPPORTUNITY FUND LP GFA INTERNTNL FD-OPPORTUNITY MERIDIAN GL GOLD&RESOURCES-A MARLON FD SICAV-MARLON 1-A$ WERMUTH GO EAST FOR VALUE A RESOLVE ECO FUND LLC FX WAVE DIVERSIFIED FD LTD-B SYSCONCEPT GLOBL TRACK SEG-T HEXAVEST GTAA FUND LP BRZ FUND SPC-SEG PORT B-F DA VINCI CIS PRIVATE SECTOR MAXIMA ALPHA STR EMERG MK-B DENHOLM HALL RUSSIA ARB-AI DENHOLM HALL RUSSIA ARB-A-R ACE SWING TRADING STOCK INDI RENFIN II LIMITED CAPSTONE CONVEXITY FUND-$MD1 TICKWISE BALANCED FD LTD-B SUPERFUND GRN B GENUSSSCHEIN 36 SOUTH-36 SOUTH CULLINAN-A AHL STRATEGIES X GB FUT 4 AHL GBL FUTURES 3-U ASHTON-PAULSON-GOLD FD-E USD EAST CAPITAL BERING UKRAIN-A MERGER ARB CAPITAL-$ HAWKWOOD COMMODITIES FND LTD MVP PREMIUM USD FUND SUPERFUND GREEN MASTER SPECTRUM GALAXY FUND-BM GR-A QUICKPOOL LP TRELLUS SMALL CAP OPP FND LP RAB SPECIAL SITUATIONS-$ THE CFP FUND LTD - IQS FUND PALM TREND FUND LTD-C RAB SPECIAL SITS LP BGB OPPORTUNITY-EUR ESTLANDER-ALPHA TREND II-P$ PEARLFISHER L/S STRATEGY TERA CAP GLOBAL INNOVATION AHL GBL FUTURES 2 EUR-S FRACTAL FUND MGT LTD-STF A AHL GLOBAL FUTURES 7 EUR-K1 SIERRA MADRE GOLD&SILVER VEN FIREBIRD MONOGLIA LTD-A CONQUEST MACRO FUND LTD-1X RIG III FUND LTD - CL A THE MAYUR HEDGE FUND D'BEST FUTURES FUND LP AHL STRAT-AHL GLOB FUTURES-P CONQUEST MACRO FUND LLC-1X ASHTON-PAULSON ADV PL-USD SPROTT BULL/BEAR RSP FUND RUBIN MANAGED FUTURES FUND AIS GOLD FUND LP UKRAINIAN INVESTMENT FUND AHL GLOBAL FUTURES 6 EUR SHR RENAISSANCE RUSSIA DIST ASSE SUPERFUND SPC - PORTFOLIO C$ SUPERFUND GRN C-GENUSSSCHEIN MOSIAC PHOENIX GOLD FUND LTD

TotRet1Y
-24.77 -24.82 -24.87 -24.98 -25.31 -25.75 -25.84 -26.05 -26.12 -26.28 -26.52 -26.77 -26.88 -27.41 -27.43 -27.54 -27.58 -27.59 -27.71 -27.76 -27.81 -27.9 -28 -28.16 -28.24 -28.39 -28.67 -28.69 -28.89 -29.14 -29.19 -29.22 -29.27 -29.39 -29.39 -29.42 -29.53 -29.67 -29.71 -29.78 -29.79 -29.86 -30.04 -30.1 -30.19 -30.28 -30.3 -30.36 -30.47 -30.66 -30.79 -30.84 -31.09 -31.1 -31.11 -31.2 -31.49 -32.09 -32.16 -32.22 -32.28 -32.45 -32.56

ManagementStyle
CTA/Managed Futures CTA/Managed Futures Short Biased Equity CTA/Managed Futures Long/Short Equity Long Biased Equity Long Biased Equity Long/Short Equity CTA/Managed Futures CTA/Managed Futures Macro Macro Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Macro Emerging Market Debt CTA/Managed Futures Equity Fundamental Market Neutral Distressed Securities Long/Short Equity CTA/Managed Futures Multi-Style CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) Merger Arbitrage Long/Short Equity Fixed Income Arbitrage CTA/Managed Futures Long/Short Equity CTA/Managed Futures Long/Short Equity Long Biased Equity CTA/Managed Futures CTA/Managed Futures Macro CTA/Managed Futures CTA/Managed Futures Multi-Style Long/Short Equity CTA/Managed Futures Fixed Income CTA/Managed Futures Long/Short Equity Emerging Market Equity (Alternative funds) Macro Macro Long Biased Equity CTA/Managed Futures Multi-Style Macro Merger Arbitrage Long/Short Equity CTA/Managed Futures Long/Short Equity Emerging Market Equity (Alternative funds) CTA/Managed Futures Macro CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType
36.69 18.47 3.1 1.11 15.17 1.63 1 Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
CHRISTIAN J BAHA ROBERT HOUNSHELL PETER M COLLERY N.A. N.A. LUC SITBON SERGEY EZIMOV ANDREW SPRINGER N.A. N.A. N.A. N.A. OLEG VIKTOROVICH JELEZKO SANDRA L MANZKE GEORGE NIANIAS GEORGE NIANIAS YU-DEE CHANG SERGEY PETROVICH NAZAROV N.A. N.A. CHRISTIAN J BAHA ANTHONY LIMBRICK TIMOTHY WONG TIM TIMOTHY WONG TIM N.A. PETER ELAM HAKANSSON N.A. N.A. MICHAEL STRATFORD CHRISTIAN J BAHA LOBO LEE RICHARD WHITED ADAM USDAN PHILIP RICHARDS BRIAN FUDGE N.A. PHILIP RICHARDS N.A. MARTIN ESTLANDER N.A. HOWARD G SUTTON N.A. N.A. N.A. PETER ZIHLMANN JAMES C PASSIN MARC H MALEK N.A. N.A. WILLIAM DUNN TIMOTHY WONG TIM MARC H MALEK N.A. ERIC S SPROTT N.A. JOHN R HUMMEL ROGER ZULLIGER TIMOTHY WONG TIM ALEXANDER TEMKIN CHRISTIAN J BAHA CHRISTIAN J BAHA MICHAEL MUNDT DAVID CRICHTON-WATT

Quadriga Capital Management Inc/Grenada Lexington Asset Management LLC SC Fund Management LLC Geneva Financial Corp Meridian Fund Managers Ltd LD Capital Ltd N.A. Wermuth Asset Management GmbH Resolve Capital Partners LP FX Wave GmbH N.A. Systrade Asset Management AG N.A. Innocap Investment Management Inc N.A. BRZ Asset Management Inc Da Vinci Capital Management Ltd Maxima Alpha BV Denholm Hall Capital Markets/United Kingdom Denholm Hall Capital Markets/United Kingdom ACE Investment Strategists LLC Renaissance Capital Investment Managemen Capstone Asset Management Co tickwise-trading GmbH N.A. Superfund Asset Management Beteiligungs A 36 South Capital Advisors LLP Man Investments Ltd Man Investments Ltd Ashton Funds Management Ltd N.A. East Capital Alternative Investments Ltd/Caym Simplon Asset Management Ltd N.A. Hawkwood Capital LLP/United Kingdom MVP Asset Management LLC Quadriga Trading Management Inc Baron Asset Management Ltd Quicksilver Trading Inc Trellus Management Co LLC RAB Capital Ltd AMT Futures Ltd Progressive Capital Partners Ltd RAB Capital Ltd BGB Weston Ltd Estlander & Partners IFOS Internationale Fonds Service AG Tera Capital Corp Man Investments Ltd Synchronicity Investments Ltd Man Investments Ltd P Zihlmann Investment Management AG FG2 Advisors LLC Conquest Capital LLC/USA Nemo Asset Management Ltd Mayur Asset Management Co Dunn Capital Management LLC Man Fund Management Guernsey Ltd/Chann Conquest Capital LLC/USA Ashton Funds Management Ltd N.A. Sprott Asset Management LP/Canada N.A. N.A. AIS Capital Management LLC Accuro AG Man Investments Ltd Renaissance Capital Investment Managemen Quadriga Capital Management Inc/Grenada Superfund Asset Management Beteiligungs A Revolution Capital Management LLC AIMS Asset Management Sdn Bhd

0.69 88.29 45 64.2 64.2 0.1 51.91 18.81 59.79 10.32 4.41 4.2 78.4 2.6 1.32 0.92 3 92.88 30 95 55.8 31 95 3.71 26.2 16.99 9 5.31 24.97 3.84 3.11 47.54 27.2 10.6 32.49 35 16.63 10.3 100.49 20.09 144 6.42 6.96 26.18 41.1 42 85

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
3214 3215 3216 3217 3218 3219 3220 3221 3222 3223 3224 3225 3226 3227 3228 3229 3230 3231 3232 3233 3234 3235 3236 3237 3238 3239 3240 3241 3242 3243 3244 3245 3246 3247 3248 3249 3250 3251 3252 3253 3254 3255 3256 3257 3258 3259 3260 3261 3262 3263 3264 3265 3266 3267 3268 3269 3270 3271 3272 3273 3274 3275 3276

Ticker
HFRQSMT BH CARMINT BM TSPTSIL US SUPEREC KY ORANOPP VI ANFRSMI LX SOFCFOA KY GUAGOPA VI ZANETOP BH SPROCAP US HEDGEDLT CN LNUWMA1 ID SPROFII KY SPRCAII US HEDGEDLP CN DENHOLE BH SPROTOF KY ADEXDTD GU ALTGARD MV EWORLDF VI THUNPRT US STURGEA KY THUNGLD US SAMINVP US MULVGMU BH AUDNARQ KY DENHOIE BH CBRUABR KY FXWAVEB VI DHARMAB TL DENHOIC BH GREWSOU ID DENHOLC BH VGJADMF GR PRORASS KY DENHOIB BH DENHOLB BH THUNSLV US MCMMACA IT FROGFND NA MANIPVI LX MANIPSE LX ANCOMMO KY GALCSSA KY FSSRFND KY GERBGLD US TRIFXLP US SEVOPLPA CN SEVOFOP KY BABYLON VI QUTDOLP IO PHARINV BM ANTGOSP VI TEMPORA EK FORINEJ BH NOBELST KY THAHIAI KY WYPDYNA VI PEARLLS LE THUNNRG US GLGEMSA KY JP3BULL KY FALSPMI KY

Name
HFR UMB-HRFQ SHORT PORT MT CARMA INTERNATIONAL FUND LTD T SQUARED INVESTMENTS LLC SUPERFUND EURO SPC - EURO C ORANGE OPPORTUNITY FUND LTD ANFRA INVEST-ANFRA SMI FUND SOFAER CAPITAL GL OPP HDG-A GUARDIAN GLB OPP FUND LTD-A ZANETT OPPORTUNITY FUND LTD SPROTT CAPITAL LP SPROTT HEDGE FUND LP II LAMP NUWAVE COMB FUT MF-MA1$ SPROTT OFFSHORE FUND LTD II SPROTT CAPITAL II LP SPROTT HEDGE FUND LP DENHOLM HALL RUSSIA ARB-R-E SPROTT OFFSHORE FUND LTD-A ADELANTE EXOTIC DEBT FUND-$ ALTMA GARDINER SUB-FUND EWORLD FUND LTD-CLASS B THUNDER PARTNERS LP STURGEON FUND LTD-A THUNDER GOLD PARTNERS LP SAMSARA INVESTMENT PARTNERS MULVANEY GLOBAL MKTS-1XL-$ AUDLEY NATURAL RESOURCES-Q DENHOLM HALL RUSSIA ARB-E-I CB RUSSIA ABSOLUTE RETURN-A FX WAVE FUND LTD-B DHARMA-B-DHARMA DIVERSIFIED DENHOLM HALL RUSSIA ARB-IC GREEN WAY SPECIAL OPPT REC-A DENHOLM HALL RUSSIA ARB-R-C JADE MANAGED FUTURES FUND PROSPERITY RASSVET DENHOLM HALL RUSSIA ARB-IB DENHOLM HALL RUSSIA ARB-R-B THUNDER SILVER PARTNERS LP MCM MAYER CAPITAL MANAGMENT FROG FUND MAN IP 220 V INDEXZERTIFIKAT MAN IP 220 SPEC EDITION CERT AN COMMODITY FUND GALAXY CHINA SPECIAL SIT-A FRONT ST SHARI'A RESOURCE GERBINO GOLD GROUP LLC TRIFEX TRADING FUND LP SEVENOAKS OPPORTUNITY LP-A SEVENOAKS OFFSHORE OPPORT FD BABYLON FUND CORPORATION-A$ DOLPHIN FUND PLC-B PHARMAINVEST FUND LTD ANTARES DIVERSF-GL OPPORT SP TEMPORA MINING FUND FIE-CLASS J-FORUM MCM FUND NOBEL BRAZIL - NOBEL STRATEG THAMES RIVER HILLSIDE APEX-A WYP DYNAMIC FUND PEARLFISHER L/S OPPORTUNTY-B THUNDER ENERGY PARTNERS LP GLG EMERGING MKT SPEC SIT-RA JP SPC 3-SP BULLION SP F&A L/S PRECIOUS METAL INV

TotRet1Y
-32.58 -32.63 -32.95 -33.03 -33.14 -33.17 -33.23 -33.44 -33.45 -33.53 -33.56 -33.59 -33.64 -33.67 -33.73 -33.73 -33.82 -34 -34.17 -34.29 -34.65 -34.77 -34.93 -35.05 -35.3 -35.68 -36.12 -36.99 -37.03 -38.33 -38.61 -38.67 -38.89 -39.09 -39.22 -39.37 -39.77 -40.69 -40.75 -41.27 -41.75 -42.76 -43.21 -43.63 -43.68 -44.63 -44.71 -44.78 -45.43 -46.22 -46.63 -47.65 -47.9 -48.65 -50.31 -50.43 -51.31 -51.58 -52.2 -52.85 -52.94 -53.43 -54.12

ManagementStyle
Multi-Style CTA/Managed Futures Long Biased Equity CTA/Managed Futures Long/Short Equity Multi-Style Macro Multi-Style Long/Short Equity Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Long/Short Equity Long/Short Equity Emerging Market Debt Long/Short Equity Emerging Market Debt Equity Fundamental Market Neutral Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Emerging Market Debt Multi-Style CTA/Managed Futures Macro Emerging Market Debt Multi-Style Emerging Market Debt CTA/Managed Futures Emerging Market Equity (Alternative funds) Emerging Market Debt Emerging Market Debt Long/Short Equity Fixed Income Long/Short Equity Multi-Style Multi-Style CTA/Managed Futures Merger Arbitrage Long/Short Equity Long/Short Equity CTA/Managed Futures Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Emerging Market Equity (Alternative funds) Macro Equity Fundamental Market Neutral Long/Short Equity Multi-Style Fixed Income Arbitrage Long Biased Equity Long/Short Equity Long/Short Equity Emerging Market Equity (Alternative funds) Long Biased Equity CTA/Managed Futures

ManagementCompany

TotAsset(M) FundType
6.56 14.07 3.01 21 Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund

Manager
N.A. N.A. MARK C JENSEN CHRISTIAN J BAHA DMYTRO ISUPOV PETER ANDERSSON N.A. N.A. GIANLUCA CICOGNA ERIC S SPROTT ERIC S SPROTT N.A. ERIC S SPROTT ERIC S SPROTT ERIC S SPROTT GEORGE NIANIAS ERIC S SPROTT JULIAN ADAMS N.A. GEORGIOS N BOURTZOS RICHARD J GREENE CLEMENTE CAPPELLO RICHARD J GREENE IGOR RIVIN PAUL G MULVANEY JULIAN ANDRE TREGER GEORGE NIANIAS ALEXANDER V CHERNYATIN N.A. PHILIPPE MANET GEORGE NIANIAS N.A. GEORGE NIANIAS N.A. IVAN NIKOLAEVICH MAZALOV GEORGE NIANIAS GEORGE NIANIAS RICHARD J GREENE ROY MAYER N.A. N.A. N.A. TIENLEONG TAN JOE CHAN FRANK L MERSCH KENNETH J GERBINO CRAIG S WILKINSON KYLE MCKAY KYLE MCKAY BJORN ENGLUND YAEL MALIK N.A. N.A. N.A. ROY MAYER MARCELO SPERB BERNT TALLAKSEN CHRISTOPHE COQUIN N.A. RICHARD J GREENE N.A. N.A. N.A.

HFR Asset Management LLC N.A. Roscrown Finance SA T Squared Investment Co LLC Quadriga Capital Management Inc/Grenada Orange Global Advisors Ltd ANFRA Investment Systems Sarl N.A. Sofaer Capital Inc N.A. Optimus Management AG Lombardier Management Ltd Sprott Asset Management LP/Canada BMO Nesbitt Burns Inc NuWave Investment Corp Sprott Asset Management LP/Canada Sprott Asset Management LP/Canada Sprott Asset Management LP/Canada Denholm Hall Capital Markets/United Kingdom Sprott Asset Management LP/Canada Adelante Asset Management Ltd Innocap Global Investment Management Ltd N.A. EWorld Fund Management LLC Thunder Capital Management LLC Sturgeon Investments Ltd/The N.A. Thunder Capital Management LLC Meteque Holdings LLC Mulvaney Capital Management Ltd Audley Capital Advisors LLP Denholm Hall Capital Markets/United Kingdom CB Management Inc FX Wave GmbH N.A. Artha Finance SA Denholm Hall Capital Markets/United Kingdom Amundi Alternative Investments SAS/France Denholm Hall Capital Markets/United Kingdom N.A. N.A. Prosperity Capital Management/Cayman Islan Denholm Hall Capital Markets/United Kingdom Denholm Hall Capital Markets/United Kingdom Thunder Capital Management LLC Simodan Hedge Funds 2009 Ltd Frog Capital Management N.A. Man Investments AG Man Investments AG AN Capital Pte Ltd Galaxy Asset Management BVI Ltd N.A. Front Street Private Bank Barbados Ltd Kenneth J Gerbino & Co Treasury Management Services Inc Sevenoaks Capital Inc Sevenoaks Capital Inc Godvig Capital Management Corp Consultores Asset Management Ltd GEM Global Equities Management SA/Baham Apus Asset Management Inc Tempora Asset Management Ltd FIE Investment Management Ltd N.A. Nobel Asset Management SA Thames River Capital Holdings Ltd WYP Asset Management Ltd N.A. IFOS Internationale Fonds Service AG Thunder Capital Management LLC GLG Partners Cayman Ltd N.A. JP Fund Services SA Fuchs & Associes Finance SA

0.91 6 34.29 358.69 7.03 48.79 47.48 357.4 64.2 115.73 15.84 18 1.3 0.8 2.14 133 18 64.2 1.91 5.54 64.2 1.5 64.2 13.62 64.2 64.2 1.3 20 2.28 7.53 1.6 0.35 2.22 0.58 11.91 2.5 7.8 10.15 23.59 2.06 2.37 11.94 32.73 2.69 0.1 0.09 2.69

HEDGEFUNDRANKING1YEARRETURNS2012
Rank
3277 3278 3279 3280 3281 3282 3283 3284 3285 3286 3287 3288

Ticker
SEVOPUS KY ARLINTN BM EMEVALU BM LAMCCMM ID CVIXHPR US KMEFUSD KY EMGAEQA KY FASP031 KY LOHENGR BM GAZFNDU BM NERTHUS KY ALHED1B VI

Name
SEVENOAKS OPPORTUNITIES US ARLINGTON FUND LTD EMERGING VALUE OPPORTUN-5B2 LAMP CONQ CUST MACRO MST-MA1 CLINAMEN VIX PORTF HEDG PROG KHAN MONGOLIA EQUITY FD-USD EM GALLEAS EQUITY FUND SPC-A SP031 FINCOM REGULAR RETURN LOHENGRIN FUND LTD GEM GLOBAL ENERGY FUND LTD NERTHUS FUND SP ALTERAPARS HEDGE FUND 1 LT-B

TotRet1Y
-54.47 -54.49 -55.94 -56.11 -56.68 -56.8 -65.23 -70.64 -75.56 -76.12 -77.47 -97.23

ManagementStyle
Long/Short Equity Macro Equity Fundamental Market Neutral Macro CTA/Managed Futures Emerging Market Equity (Alternative funds) Long Biased Equity CTA/Managed Futures CTA/Managed Futures Emerging Market Equity (Alternative funds) CTA/Managed Futures CTA/Managed Futures

ManagementCompany
Sevenoaks Capital Inc Arlington Investment Management Ltd GEM Global Equities Management SA Conquest Capital LLC Clinamen Finacial Group LLC Gordian Capital Singapore Pvt Ltd EM Adm Carteiras Valores Mobiliarios Ltda Simplon Asset Management Ltd Lohengrin Management Ltd GEM Global Equities Management SA Augmen Capital Management Ltd Alterapars Vermoegensverwaltung AG

TotAsset(M) FundType
1.02 184.07 6.27 2.92 0.06 2.17 0.81 N.A. Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund Hedge Fund 0.19 Hedge Fund 0.27 Hedge Fund 1 Hedge Fund Hedge Fund

Manager
KYLE MCKAY N.A. ANTHONY L M INDER RIEDEN N.A. JARED WOODARD N.A. N.A. N.A. N.A. ANTHONY L M INDER RIEDEN SOEREN SCHMIDT N.A.

N.A.