100 WOMEN IN HEDGE FUNDS THIRD ANNUAL GALA RAISES $2.2 M FOR BIG BROTHERS BIG SISTERS OF AMERICA

November 16, 2004, Press Release

New York, NY, November 16, 2004 - More than $2.2 million was raised for Big Brothers Big Sisters of America at the 100 Women in Hedge Funds Third Annual Gala fundraiser. The sold out event was held on November 15th, a day designated as "100 Women in Hedge Funds Day" by Mayor Michael Bloomberg.

"We are so pleased to be able to produce an event to celebrate the generosity of the hedge fund community and to raise the visibility of organizations important to our membership," said Amanda Pullinger of Aquamarine Capital Management, LLC, who was Chair of the 2004 Gala Committee and is also a member of the Board of Directors of 100 Women in Hedge Funds.

At the event, The 100 Women in Hedge Funds Foundation honored Brenda Earl De Paola and Raymond G. Chambers. Brenda Earl De Paola was presented with the "100 Women in Hedge Funds' Industry Leadership Award" for her longevity, success and dedication to mentoring in her career as an investment manager. The "100 Women in Hedge Funds' Effecting Change Award" was presented to Raymond G. Chambers in recognition of his work as one of the country's leading philanthropists with a focus on mentoring.

"I have found people in the hedge fund world, by and large, to be very generous," Brenda Earl De Paola said. "Over the years, I have been inspired by them to give whatever I have been able to, be it time or money. I'm so pleased to be honored by an organization that looks outward as well as inward and gives generously of themselves."

All of the proceeds from the event go to Big Brothers Big Sisters of America.  BBBSA, now in its centennial year, was selected as this year's beneficiary because it is the nation's oldest and largest mentoring organization in the United States, helping at-risk youth overcome the many challenges they face.  All gala funds will be directed at creating and enhancing growth strategies for community and site-based mentoring - two of BBBSA's most successful and impactful new initiatives -- toward the national goal of serving one million children annually by the year 2010.

 "We were intrigued with BBBSA's focus on outcomes and leveraging resources," said Dana Hall, President and Co-founder of 100 Women in Hedge Funds, "but we were most enthusiastic about extending our belief in the power of networking and mentoring. We are excited about the opportunity to help drive that effort with kids whose families don't have a Rolodex."

Big Brothers Big Sisters President and CEO Judy Vredenburgh stated, "We intend to leverage this extraordinary commitment by extending our reach in key markets throughout the country. Our "Big" goal is to ultimately serve one million youth every year nationwide. The scale and scope of 100 Women in Hedge Funds' commitment to us has already been productive - inspiring our board and staff to think outside the box about how to leverage powerful networks like this one."

"This group spread our message of leverage, impact and importance like fire throughout the community," Vredenburgh added.

The Third Anniversary Gala Vice Chairs included Allen & Company, Inc.; D.E. Shaw & Co., LP; Deutsche Bank; Goldman Sachs & Co.; The MCJ Foundation; Moore Capital Management, LLC; Morgan Stanley; Dwight Anderson, Ospraie Fund; and Soros Fund Management.

The event featured an exciting live auction, which was conducted by Eliza B. Osborne, Vice President, Sotheby's. Highlights included a six-day cruise for two to London aboard the Queen Mary 2, an invitation to the Luca Luca fashion show during New York Fashion Week and shopping spree at Kate Spade's flagship store, and a trip package to Milan for the Formula One Grand Prix in September 2005.  The crowd's enthusiasm and generosity created an extremely enjoyable evening and successful event.

"Since our first Gala in 2002 we have raised over $6.1 million for a series of important charities focused on women's issues," said co-founder Carol Kim, adding "Our members identified charitable works as one of the organization's critical missions in 2001, and we remain dedicated to offering our members opportunities to serve needy organizations with critical missions in our communities."

100 Women in Hedge Funds is a global membership association of more than 1900 professional women who are in financial services careers in and around the hedge fund industry. The group's mission includes advancing a positive image of the alternative investment industry, providing unique, high quality educational opportunities for members, promoting personal and professional advancement, and providing a productive, efficient way for members to make a difference through philanthropy or volunteerism.  While all members are women, men have made large contributions to the success of 100 Women in Hedge Funds and the careers of the members we serve.  For further information about 100 Women in Hedge Funds: http://www.100womeninhedgefunds.org

100 Women in Hedge Funds Board Members
Mimi Drake, Defiance Asset Management, L.P.
Kristin Fox, Hedgeworld.com
Dana B. Hall, D.E. Shaw & Co., L.P.
Kathleen M. Kelley, Vantis Capital Management
Carol Kim, Continuity Capital, LLC
Mindy M. Posoff, NewMarket Capital Partners, LLC
Amanda Pullinger, Aquamarine Capital Management, LLC
Leslie Rahl, Capital Market Risk Advisors, Inc.
Eve R. Teich, Silver Point Capital
Joan P. Werner, Ramius Capital

Gala Committee
Chair, Gala Committee - Amanda Pullinger, Aquamarine Capital Management, LLC
Lauren Malafronte, Barclays Capital
Carol Kim, Continuity Capital, LLC
Sara E. Michel, ING Alternative Asset Management
Gail Dysarczyk, Permal Asset Management
Natasha Fedorow, Pine Grove Associates, Inc.
Helenmarie Rodgers, Prisma Capital Partners
Joan P. Werner, Ramius Capital
Joanna Peters, StratConGlobal
Andrea Turner

Benefit Committee
The Abernathy MacGregor Group, Inc Amaranth Advisors LLC · The Bank of New York · Barclays Capital · Bear, Stearns & Co. Inc. ·  Citigroup · Credit Suisse First Boston LLC · Cushman & Wakefield, Inc. · Anne Dinning, D. E. Shaw & Co., LP* · Deutsche Bank · DKR Capital Partners, LP · DPM, LLC · EagleRock Capital Management, LLC · Financial Risk Management · Goldman, Sachs & Co. · Highbridge Capital Management, LLC · HSBC Global Markets · Ivy Asset Management · JPMorgan Chase · Kingdon Capital Management, LLC · Lehman Brothers · Merrill Lynch · New York Stock Exchange · North Sound Capital · Pine Grove Associates, Inc. · Prudential · Reservoir Capital Group, LLC · Reuters America · Dee Dee Ricks, Ricks & Ray Partners, LLC · Ridgefield Capital Asset Management, L.P · Russell Reynolds Associates · Karen Cook, Steinhardt Partners* · Tremont Capital Management · Tudor Investment Corp · Westwood Partners LLC · Williams Trading, LLC · WoodAllen Capital Management, LLC ·  Joe DiMenna, Zweig-DiMenna Associates

Friends of 100 Women
Anderson Kill & Olick, P.C. · Andor Capital Management · Angelo, Gordon & Co., L.P. · AQR Capital Management, LLC · Anna Nikolayevsky, Axel Capital Management, LLC* · Balyasny Asset Management, L.P. · Banc of America Securities · Barlow Partners · Basso Capital Management · Barbara Biel, Bear Stearns & Co. Inc.* · Blue Ridge Capital · BNP Paribas · Tables in Honor of Brenda Earl de Paola · Rachel Minard, Cadogan Management LLC* · Maureen Callahan, CallahanCo* · Dina Xi, Capital IQ, Inc.* · Barbara Lucas, Capital Market Risk Advisors* · Citadel · Citco Fund Services · Bonita Garazin, Deephaven Capital Management* · Ernst & Young LLP · Catherine Altorfer, Gerson Lehrman Group* · Kerry McGinness, Goldentree Asset Management, LP* · Irwin Latner, Herrick, Feinstein* · Lighthouse Partners, LLC · Barbara Lienowski, Olympia Capital Associates, LP* · Paloma Partners · Pequot Capital Management · Rhona Kisch, Reed Smith LLP* · Elizabeth Manzi & Howard Altman, RK Consulting LLC* · Sagamore Hill Capital Management · Stephanie Breslow, Schulte Roth & Zabel LLP* · Andrea de Cholnoky, Spencer Stuart* · Stanfield Capital · UBS Investment Bank · Mari Kooi, Wolf International Advisors* 

*individual ticket(s)

Event Sponsors
Tent Sponsorship - Wolf International Advisors
Bellini Cocktails - Capital IQ, Inc.
Butlered Hors d'oeuvres - Deloitte
Upgraded Wine Package - Lambert Bridge Winery

For media information contact:
Steven Bruce/ Ann Taylor Reed
Abernathy MacGregor Group
212-371-5999

BOARD OF DIRECTORS MEMBERS RING CLOSING BELL

June 17, 2004

Amanda Pullinger and Joan Werner of 100 WHF (click on images to enlarge) ring the closing bell on June 17th with Judy Vredenburgh, President and CEO of Big Brothers Big Sisters of America to celebrate the mentoring organization's centennial anniversary!

100 WOMEN IN HEDGE FUNDS MEDIA POLICY

May 12, 2004, Press Release

Media Policy for 100 Women in Hedge Funds Members

100 Women in Hedge Funds' continued success is causing us to attract attention from the media. Because our core mission is to serve the industry and our membership, it is important that we manage our external visibility with great care, sensitivity, and consistency.  Inappropriate disclosure of information and commentary can cause misunderstandings and uncertainty among our membership and supporters and can damage the group's reputation.

Consequently, the Board of Directors of 100 Women in Hedge Funds, with guidance from our public relations firm, is promulgating this media policy to ensure that every member understands our policies and procedures.

We have established and are requiring strict adherence to the following policies for handling all media inquiries.

1. Our policy is that no member or affiliated group (other than our designated spokespersons) is authorized to comment to the press or media.

2. All media calls or queries must be referred to Mimi Drake, 100 WHF Communications Chair, to our outside public relations counsel, The Abernathy MacGregor Group or Dana Hall, President and co-founder.

3. Our policy is to speak with one voice to the media.  Our designated spokespersons are Mimi Drake, Dana Hall and Carol Kim.  From time to time, other members may be designated to be a spokesperson by the Board of Directors.

It is our hope that by adhering to this policy, 100 Women in Hedge Funds can clearly and consistently represent the Group, our membership, our industry, and our aspirations.

Should you have any questions about this policy please contact Mimi Drake or Steve Bruce at Abernathy MacGregor.

Leslie Rahl Selected to Fannie Mae Board of Directors

February 18, 2004, Press Release

WASHINGTON, DC -- Fannie Mae (FNM/NYSE), the nation's largest source of financing for home mortgages, announced that the Board of Directors has selected Leslie Rahl to its Board of Directors to fill the seat vacated when Stephen Friedman resigned to become assistant to the President for economic policy and director of the National Economic Council. Ms. Rahl will be included on the company's slate of directors and will stand for election at the company's 2004 annual meeting of shareholders in May 2004.

"Leslie Rahl's experience in the financial markets and her understanding of the derivatives markets will bring us an extremely broad range of skills, which will benefit our Board, senior management and our company as a whole," said Franklin D. Raines, Fannie Mae's Chairman and Chief Executive Officer. "Leslie has a keen understanding of financial markets and an interest in the mission of Fannie Mae, and we look forward to benefiting from her expertise."

Rahl is the president and founder of Capital Market Risk Advisors, Inc., a financial advisory firm that specializes in risk management and capital markets strategy.  Prior to that she had her own consulting firm, Leslie Rahl Associates, which concentrated in swaps, options and derivative products.  From 1972-1991, Rahl was employed by Citibank in New York where she served as vice president and co-head derivatives group - North America.  Prior to that, Rahl served in various positions of increasing responsibility in financial control and operations management.

Rahl received her MBA and BS degrees from the Massachusetts Institute of Technology in Cambridge, MA. She served as a Director of the International Swaps Dealers Association (ISDA) for five years. Rahl is the author of Hedge Fund Transparency: Unraveling the Complex and Controversial Debate published in March 2003 by Risk Books and the editor of Risk Budgeting: A New Approach to Investing published in November 2000 by Risk Books. Her articles have appeared in a wide range of publications.

# # #

Fannie Mae is a New York Stock Exchange company and the largest non-bank financial services company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages.  Fannie Mae has pledged through its "American Dream Commitment" to expand access to homeownership for millions of first-time home buyers; help raise the minority homeownership rate to 55 percent; make homeownership and rental housing a success for millions of families at risk of losing their homes; and expand the supply of affordable housing where it is needed most. Since 1968, Fannie Mae has provided $5.9 trillion of mortgage financing for 60 million families.  More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com.

100 WOMEN IN HEDGE FUNDS 2ND ANNUAL GALA RAISES $2.4 M
FOR RIGHT START/INFANT ACADEMY (EXCELLENCE BABY ACADEMY) AND THE AFTER SCHOOL CORPORATION / NEW YORK CITY DEPARTMENT OF EDUCATION AFTER SCHOOL PROGRAMS

21 November 2003, Press Release

New York, NY, November 20, 2003 - More than $2.4 million was raised for the Right Start/Infant Academy (Excellence Baby Academy) and The After School Corporation (TASC) /New York City Department of Education After School Programs at 100 Women in Hedge Funds 2nd Annual Gala fundraiser.  This year's event netted more than triple the amount raised last year. The black-tie event was held on November 18th at Cipriani on 42nd Street with more than 670 in attendance.

"We are extremely grateful to our members and supporters for contributing so generously in the current climate of declining philanthropic contributions," said Leslie Rahl, Chair of the 100 Women in Hedge Fund Philanthropy Committee and a member of the 100 Women in Hedge Funds Executive Committee.

At the event, The 100 Women in Hedge Funds Foundation honored legendary hedge fund investor George Soros and Elaine Crocker, President of Moore Capital.  The "100 Women in Hedge Funds' Effecting Change Award" was presented to George Soros for his contribution to education. Elaine Crocker was presented with the "100 Women in Hedge Funds' Industry Leadership Award" for her dedicated work as a pioneer in the hedge fund industry.

Proceeds from the gala will be donated to two organizations:

The Right Start/Infant Academy (Excellence Baby Academy) is a program developed in conjunction with the Robin Hood Foundation, which will focus on early childhood development, by working with children and their parents in under-served neighborhoods. Paul Tudor Jones, Chairman and Founder of Tudor Group, and Gala Chairperson said, "We need to get children and their parents involved in education at an early age if we are going to break the cycle, and you can't get much earlier than conception.  The Right Start/Infant Academy (Excellence Baby Academy) will focus on the need for comprehensive education for families with kids from conception to kindergarten age, an area in desperate need of support and funding."

TASC / New York City Department of Education After School Programs also received funding to expand its after school opportunities for middle school students.  TASC is unique in that for every dollar raised, they lever the contribution 3:1.  "Our goal is make after school programs available to all students who want it by 2010," said George Soros. Joel Klein accepted the check for the After School Programs.

It was announced at the gala that the friends and colleagues of Elaine's at Moore Capital have endowed the "Elaine Crocker Literacy Program" for TASC.  This generous gift in her honor will provide 45 after school programs with books, library support and training and it will encourage thousands of middle school children to read, which is one of the best ways to lead them out of poverty.

"To be honored by one's peers is the greatest honor one can have, and I am proud of the work 100 Women in Hedge Funds is doing to create more opportunities for women in our thriving industry," said Elaine Crocker.

The gala Chairs were Sonia and Paul Tudor Jones. Vice Chairs included Bear Stearns & Co., Inc.; Deutsche Bank Global Markets; Goldman Sachs & Co.; Louis M. Bacon, Moore Capital Management, LLC; JP Morgan Chase; Morgan Stanley; and Soros Fund Management.

The event featured both a silent and a live auction. The live auction was conducted by James G. Niven, Vice Chairman, Sotheby's and highlights included a dinner party cooked in your home by famed chef David Bouley with eight bottles of wine, including two bottles of Chateaux Lafite '85, courtesy of David Bouley and Anderson, Kill & Olick; a one-on-one lunch with George Soros; and a fishing trip to a private island, among numerous other prizes. Due to the high demand for the Bouley dinner, the donors agreed to provide the dinner and wines to a second bidder who matched the high bid.  Also, George Soros, who was in attendance, agreed to offer his private lunch to three bidders.  The crowd's enthusiasm and generosity created an extremely enjoyable evening and successful event.

The 100 Women in Hedge Funds Foundation was incorporated as a not-for-profit organization in the State of New York in July 2003.  The Foundation was established to support and carry out the charitable functions of the 100 Women in Hedge Funds Association, Inc., a trade association whose 1,900 members are women professionals in the hedge fund and related industries.

Donations are still being accepted and should be made out to "TASC/100 Women in Hedge Funds" and can be sent to 100 Women in Hedge Funds c/o Capital Market Risk Advisors, Inc. 101 East 52 Street, 30th floor, New York NY, 10022 or via credit card http://www.100womeninhedgefunds.org.

Executive Committee
Amanda Pullinger, Aquamarine Capital Management, LLC ▪ Leslie Rahl, Capital Market Risk Advisors, Inc. ▪ Carol Kim, Continuity Capital, LLC ▪ Sarah Dyer, Credit Suisse Asset Management ▪ Kristin Fox, Hedgeworld.com ▪ Dana B. Hall, Lighthouse Partners, LLC ▪ Joan P. Werner, Lincoln Financial Group ▪ Mindy M. Posoff, NewMarket Capital Partners, LLC ▪ Mimi Drake, Schlarbaum Capital Management ▪ Eve R. Teich, Silver Point Capital ▪ Kathleen M. Kelley, Vantis Capital Management.

Gala Committee
Amanda Pullinger, Aquamarine Capital Management, LLC ▪ Leslie Rahl, Capital Market Risk Advisors, Inc. ▪ Carol Kim, Continuity Capital, LLC ▪ Sara Michel, ING Alternative Assets ▪ Joan P. Werner, Lincoln Financial Group ▪ Natasha Federow, Pine Grove Associates ▪ Alexandra Poe, Prudential Financial ▪ Kathleen M. Kelley, Vantis Capital Management.

Benefit Committee
Steve Bruce, The Abernathy MacGregor Group Inc ▪ Gena Lovett, Alexandra Investment Management ▪ Erika Cramer, Alternative Access Capital LLC ▪ Leroy Cody, American Express ▪ Mark Mooers, American Express ▪ Jolyne Caruso, Andor Capital Management ▪ Suzanne Currie, Ardsley Partners ▪ Balyasny Asset Management, LLC ▪ Steven Starker, Bass Trading ▪ Leslie Rahl, Capital Market Risk Advisors, Inc. ▪ Catequil Capital management ▪ Kenneth C. Griffin, Citadel Group Foundation ▪ Citigroup ▪ Colin Smith & Bonita Sarazin ▪ Deephaven Capital Management, LLC ▪ Eva Siekierski, Deutsche Bank ▪ Pamela Speer, Deutsche Bank ▪ DKR Capital Partners, LP ▪ Stanley Druckenmiller ▪ Michael Inserra, Ernst & Young, LLP ▪ Fairfield Greenwich Group ▪ Patrice Gallagher ▪ Gallatin Capital LLC ▪ Michael & Melanie Garfinkle ▪ Gartmore ▪ Anthony & Lorraine Gibbons ▪ William & Betsy Goodell ▪ Daniel Edwards, Heidrick & Struggles ▪ Susan Soh & Barbara Donahue, Highbridge Capital Management, LLC ▪ Annette Cazenave, Horizon Cash Management, LLC ▪ Diane Mix, Horizon Cash Management, LLC ▪ Ivy Asset Management ▪ K2 Advisors ▪ Kathleen Blenke, Kaintuck Capital Management ▪ Kingdon Capital Management, LLC ▪ Seth Goldstein, Majestic Research ▪ Merrill Lynch ▪ Peter Borish, One Chicago Dwight Anderson, Ospraie Funds ▪ Pequot Capital Management ▪ Christopher & Mary Pia ▪ Pine Grove Associates Jim Pallotta, Raptor Funds ▪ Dr. Cynthia McIntyre, Rensselaer Polytechnic Institute ▪ Kevin & Joanne Shannon ▪  Jennifer Ancker, Stadia Capital ▪ Karen Cook, Steinhardt Partners ▪ Tremont Capital Management Tudor Investment Corporation ▪ Bill Richards, UBS ▪ Vantis Capital Management ▪ Tiger Williams, Williams Trading Emily M. Ziegler, Willkie Farr & Gallagher.

For media information contact:
Steven Bruce/ Kayt Makosy
Abernathy MacGregor Group
212-371-5999

100 Women to Participate in Denver Race for Cure

08 September 2003, HedgeWorld.com

DENVER (HedgeWorld.com)-An emerging chapter of the 100 Women in Hedge Funds organization is gathering members for the Race for the Cure in Denver, a 5K race and walk benefiting the Susan G. Komen Breast Cancer Foundation on Oct. 12.

Carole M. Feistmann is heading up the team that will be donning cowboy hats outfitted with pink ribbons bearing the 100 Women logo. Ms. Feistmann is president of Parent Tech, a hedge fund firm that specializes in oil and gas investing.

Just by chance she discovered the 100 Women organization, while searching for a group to provide networking opportunities. She said she now plans to get the word out about the race through local business publications. Ms. Feistmann hopes to have between 20 and 25 team members.

Similar races are being held nationwide, and 100 Women teams have been set up in both New York Previous HedgeWorld Story and Chicago Previous HedgeWorld Story.

100 Women Announce Second Annual Gala Event

August 20, 2003, HedgeWorld.com

NEW YORK (HedgeWorld.com)-The members of 100 Women in Hedge Funds are planning their second annual gala for Nov. 18, honoring hedge fund legend George Soros and Elaine Crocker, president of Moore Capital Management Inc., a prominent hedge fund firm.

Organizers will present Mr. Soros with its "100 Women in Hedge Funds Effecting Change Award" for his contribution to education. Ms. Crocker will receive the "100 Women in Hedge Funds' Industry Leadership Award," for her work as a pioneer in the hedge fund industry.

Meanwhile the proceeds from the dinner, which will be held at New York's Cipriani 42nd Street again, will go to two educational charities: Right Start/Infant Academy (Excellence Baby Academy) and The After School Corporation.

The Right Start/Infant Academy (Excellence Baby Academy) program will be developed in conjunction with Robin Hood Foundation, a charity started and supported by hedge fund professionals. The charity's goal is to work with children and parents in under-served New York neighborhoods focusing on early childhood development.

Founder of the Robin Hood Foundation Paul Tudor Jones, who is also founder of Tudor Group, will chair of the event. Vice chairs include: Louis M. Bacon, chairman and chief executive of Moore Capital, Soros Fund Management and Deutsche Bank Global Markets; Goldman, Sachs & Co.; and J.P. Morgan.

The 100 Women benefit committee also includes: Advent Software Inc.; DKR; Gartmore; Diane Mix and Annette Cazenave of Horizon Cash Management; Pine Grove Associates; and Karen Cook of Steinhardt Partners.

Meanwhile, TASC and New York City Department of Education After School Programs will get funding to expand their work with middle school students. Of particular appeal to hedge funds is that TASC will lever every dollar raised three to one, to maximize the group's impact.

"This is more than just a financial commitment to these charities," Leslie Rahl, chair of the philanthropy committee, said in a statement. "Our goal is to help design, document and test these programs and then roll these important programs out nationwide."

100 Women has quickly grown to total 1,900 members, who are women professionals in the hedge fund and related industries. The group's first gala, last December, raised almost US$1 million for breast cancer research.

100 WOMEN IN HEDGE FUNDS SECOND ANNUAL GALA TO BENEFIT TASC AND INFANT ACADEMY

12 August 2003, Press Release

George Soros and Elaine Crocker to be honored.

BRAG! Subject of ABC 20/20 Feature Tomorrow Night Author Available for Interviews

24 July 2003, PR Newswire

More Brag Parties and Workshops Coming Up In
           New York, Detroit, Los Angeles, and San Francisco

NEW YORK, July 24 /PRNewswire/ -- Has our culture taught us that men have a right to brag, while women should be humble and modest? asks Lynn Scherr in an ABC 20/20 promo for a BRAG! feature with Peggy Klaus airing tomorrow, Friday, July 25th at 10:00pm EST.

Klaus, a Berkeley, CA based communication coach, is the author of "BRAG! The Art of Tooting Your Own Horn Without Blowing It" (Warner Books, Hardcover, $24.95, June 1, 2003). The segment captures her popular BRAG workshops and parties where Klaus encourages participants to get over theirs fears of self-promotion and teaches them techniques for selling themselves in a way that ingratiates instead of grates.

"While self-promotion is recognized as one of the most important attributes for success, for most people, especially women, it's about as comfortable as having a root canal," writes Klaus, adding many talented women still abide by the "Good Girls Don't Brag" myth. This can affect referrals, negotiations of work schedule, salary, high-visibility assignments, and promotions.

BRAG! is actually written for both men and women. According to Klaus, while many men seem to be born with the brag gene, there are still others that grew up with the same self-limiting advice as women, especially if humility was a strong family virtue.

New York City: Tuesday, August 5, 5:30-8:00pm
For: Members of 100 Women In Hedge Funds (www.100womeninhedgefunds.org).
Location: Offices of JP Morgan Chase

MFA's 10th Annual Hedge Fund Business Conference Forum 2003 to Unfold June 16-18 in Chicago.

3 June 2003, Business Wire

WASHINGTON, D.C.-(BUSINESS WIRE)-June 3, 2003-Managed Funds Association (MFA), the global voice for the hedge fund industry, today announced its completed agenda for the Association's 10th annual business conference, Forum 2003.

The conference is slated for June 16-18 at the Fairmont Hotel in Chicago, and is expected to draw some 500 professionals from around the world who represent hedge funds, futures funds and other alternative investments, plus businesses that support the industry. MFA, headquartered in Washington, DC, is the sole lobbyist and voice of the professionals who specialize in alternative investment strategies including hedge funds, funds of funds and futures funds.

Keynote speakers include George Hall, founder, president and chief strategist, Clinton Group; Lawrence Hite, principal, Hite Capital Management; Tony Stocks, managing partner, Tennyson Capital; and Bob Alderman, Managing Director and Global Head of Alternative Investments, Merrill Lynch Global Private Client Group.

At the conclusion of Forum 2003, on the evening of June 18, 100 Women in Hedge Funds Chicago Chapter will hold a black-tie benefit dinner at Chicago's Union Station to raise money for charity.

For more conference details and registration, see MFA's eBrochure at www.mfainfo.org.

REVIEW & PREVIEW

5 May 2003, Barron's

...The Few, the Proud:

Where Are the Hedge-Fund Women?

When female hedge-fund managers start popping up in mainstream literature, the trend must be their friend. What are the underlying fundamentals? Well, perhaps surprisingly, it turns out that quite a few women have joined hedge funds.

Last year's smash-hit novel I Don't Know How She Does It: The Life of Kate Reddy, Working Mother, was just anecdotal evidence. A sort of Bridget Jones's Diary for mothers, the book is one woman's bittersweet story about juggling work on the homefront and at the offices of a cutthroat City of London hedge-fund shop.

Hedge funds are increasingly the 21st century's hot workplace. However, (as any portfolio manager worth her salt would ask), what are the numbers? Barron's found that about 6% of hedge-fund portfolio managers are women, according to a sampling of 1,300 funds in the Tremont Advisers database. The hedge-fund advisory firm recently started asking money managers for a "Mr/Ms" classification for data collected in 2002.

While the female hedge-fund chief crowd is small, it's grown a fair amount in just under two decades. And Sandra Manzke, co-CEO of Tremont, has kept tabs on it -- because after all, she started it.

Manzke founded Tremont, a Rye, N.Y., hedge-fund advisory firm, in 1984. And she'll be discussing her career as the first woman in the business at a May 7 event sponsored by "100 Women in Hedge Funds," an industry association founded last year. Manzke, 52 -- who began in the investment business in 1969, working at Scudder Stevens & Clark, and then at Bernstein McCauley, and Rogers Casey & Barksdale -- will also discuss potential SEC regulation of hedge funds, and talk about other industry trends.

For more information on the event, visit the industry group's Website (www.100womeninhedgefunds.org).

Deals & Deal Makers: Bids & Offers

6 December 2002, The Wall Street Journal

[Inside the World of Corporate Finance & Wall Street]

Midmarket Moguls...

The Hillary Factor

Is Hillary Rodham Clinton back in the business of hunting down stock tips and trading the market?

The question arose this week, when New York's senator was spotted dining with top hedge-fund traders at swanky New York food hall Cipriani.

Ms. Clinton was the featured speaker at a black-tie affair hosted by "100 Women in Hedge Funds," a group dedicated to mentoring women, and to raising money to fight breast cancer. In contrast with successes years ago trading commodities, Ms. Clinton now says she doesn't even know what is in her investment portfolio, which is managed by a "blind trust."

"I have no idea if we're up, down or what's going on," she says.

OBSERVER - Mrs Clinton's charity work

6 December 2002, Financial Times

Senator Hillary Rodham Clinton has a bit of a reputation as a commodities trader. Back in 1978 she turned a $1,000 investment in cattle futures into $100,000 over the course of 10 months.

So when New York's junior senator told Observer "I am no expert on hedge funds", the admission was more than a little surprising.

What made it doubly so was that Clinton was speaking after a dinner in New York where she had received an "Effecting Change Award" for her work on health issues. The presenter? A group called "100 Women in Hedge Funds".

Her hosts will doubtlessly be relieved that what the senator does know about hedge funds has not given her a bad impression. She declined to characterise them as victims or perpetrators of the financial industry's recent crimes, saying only that it was important for New York that confidence in the industry be rebuilt.

She added that many of the women and men at the charity event could play a role in that process.

Coming as one talented trader's call to others, her appeal could resonate.

Hedge Funds From a Female Perspective

3 December 2002, CNN: Money Morning

DEBORAH MARCHINI, CNNfn ANCHOR, CNN MONEY MORNING: My guest this morning is the founder and co-CEO of one of the oldest firms in the hedge fund industry. Among the things that makes her unusual is that she is a female working in a largely male bastion. Sandra Manzke was first awarded the 100 Women in Hedge Funds Industry leadership award last night, and joins us to talk a little bit about this business which - is it really fair to say, is it really true that it has been a male dominated industry?

SANDRA MANZKE, FOUNDER, TREMONT ADVISORS: In the hedge fund arena certainly it has been. I think the investment community has certainly made a lot of strides over the last 30 years, but the hedge fund community probably still is 98 percent run by male.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 888-CNNFN-01 OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT WWW.FDCH.COM

The ultimate hedge fund stud

1 December 2002, Institutional Investor, II Magazine Platinum

What would make a bunch of rich hedge fund managers throw caution, and fistfuls of $100 bills, to the wind?

Perhaps a chance to hang out in the winner's circle. So went the thinking, anyway, of 100 Women in Hedge Funds, which recently held a swank charity dinner to benefit the New York University Cancer Institute. The evening featured an auction, and one of the flashier items up for bid was a small stake in a two-year-old stallion that goes by the name of Trumpeter Swan. The winning bid: $8,000. "He's a very, very nice animal," says Terry Finley, president of West Point Thoroughbreds, the syndicator that donated the horse. Trumpeter Swan, under the guidance of trainer Rick Violette Jr., is working out at New York's Aqueduct raceway, getting ready for his debut. "He has a shot to be a special horse," insists Finley, who sounds like he could market hedge funds himself.

100 Women In Hedge Funds Deploys CorrectNet's infiPOINT Technology To Establish Their Internet Presence

29 October 2002, PR Newswire

HAUPPAUGE, N.Y., Oct. 29 /PRNewswire/ -- CorrectNet, Inc., a global leader in consolidating hedge fund performance and investor data for distribution over the Internet, announced today at the MAR/Hedge 9th International Conference in Southampton, Bermuda, that it has donated it services and technology, the infiPOINT(TM) platform, to establish and launch 100 Women In Hedge Funds Internet web site.

100 Women in Hedge Funds is a not-for-profit association dedicated to helping professional women in the hedge fund community. The association believes that through their structured organization, more women can benefit from the collective experiences and wisdom of its member hedge fund professionals.

"We are very pleased that we could provide assistance in order to help promote this fine hedge fund association. 100 Women in Hedge Funds plays a significant role in as a resource to provide wisdom and guidance to all financial professionals who seek it," said Robert J. Miller, CEO CorrectNet, Inc. "Over the years we have established many long-lasting relationships with the hedge fund community -- we were happy to assist our friends at 100 Women in Hedge Funds."

CorrectNet has provided electronic publishing and secure web site services to the alternative investment community since 1996.

"I would just like to thank CorrectNet for all of their work and efforts. We now have a web presence that is suitable for the mission of our association, namely to help hedge fund professionals, drawing to us those who can benefit," said Dana Hall, Board Director for 100 Women in Hedge Funds and Managing Director at Lighthouse Partners, LLC, an investment management company specifically devoted to managing diversified pools of hedge funds. "The fact that we were able to use the CorrectNet infiPOINT platform to our advantage has huge benefits. It made the development of the site and its ongoing administration very easy."

About infiPOINT(TM)

infiPOINT(TM) is a suite of products and services that bring together data from multiple sources and make it available as powerful publishing objects which can be delivered to any web site or web application. The suite includes our premier content management tools and other capabilities which allow non-technical users to easily manage and customize their solution. These features combine to deliver a wide range of solutions including secure web sites, multi-company portals and web services-based publishing platforms.

About CorrectNet, Inc.

CorrectNet (http://www.correctnet.com) utilizes innovative web-services and mass-customization technologies to develop powerful web-based business solutions. The company specializes in helping investment and wealth management firms create powerful data consolidation and Internet publishing platforms. With over 1,000 client installations, CorrectNet is a leading service provider to the Hedge Funds, Investment Advisors and Insurance Agencies.

About 100 Women in Hedge Funds:

100 Women in Hedge Funds (http://www.100womeninhedgefunds.org) was formed in early 2002 to help advance the hedge fund industry and the business activities of professional women within it. They aim to provide their members and associates with high-level contacts, services and information that will enhance and strengthen their organizations. They sponsor educational programs and seminars, as well as social events, designed to facilitate broader knowledge and opportunity for their colleagues. Members and associates are expected to contribute their talents, expertise and leadership toward the development and implementation of programs and services that enrich one another.

About MAR/Hedge Conference:

MAR (Managed Account Reports LLC) (http://www.marhedge.com) is the leading provider of alternative investment news, research and conferences. Their 9th International Conference on Hedge Fund Investments is currently being held at the Southampton Princess in Bermuda.

   Contact:
   CorrectNet, Inc.
   200 Motor Parkway
   Hauppauge, NY 11788
   Jim Mancuso
   Senior Vice President
   Sales & Marketing
   (631) 434-3333
   jmancuso@correctnet.com

Who wants to be a billionaire? that's the loaded question Wall Street is asking hedge funds as it avidly courts their business. Profits are huge, but so are the risks. Is this the next new thing?

1 June 2002, Institutional Investor

Firms are doing backflips to cater to hedge funds. Goldman Sachs runs a callin service for traveling hedge fund marketers who want to hook up quickly with prospective investors in any city in the world. Morgan Stanley preps nervous new hedge fund managers for their first meetings with clients in mock Q&A sessions called "friendly fire." Last month J.P. Morgan Chase & Co. hosted a talk by hedge fund wunderkind Ken Griffin, who runs Citadel Investment Group, to the new networking group 100 Women in Hedge Funds.

Network politics (People)

1 March 2002, Institutional Investor

Forget the old boys' network -- when it comes to hedge funds, young guns rule. Either way, though, it's a man's world. Now women are looking for their place. Last month a group of executives active in the secretive hedge fund world met at Morgan Stanley to launch a new organization: 100 Women in Hedge Funds. (The name is a play on the number of investors traditionally allowed in these unregulated investment vehicles.) The first meeting featured cocktails and a discussion of how to manage the ever-growing press corps that tracks the hedge fund business. Word-of-mouth publicity has prompted membership inquiries from Michigan, England and Kuwait, says Lighthouse Partners managing director Dana Hall. The group's founders stress that they have no political goal beyond providing a networking opportunity for female hedge fund professionals. "This is a hedge fund industry group," says Sarah Dyer, an official with Trident Investment Management.

"We have no great agenda." Nevertheless, men -- even men with great risk-a djusted returns -- need not apply. "We said, 'no style drift,'" jokes Continuity Capital executive Carol Kim. "It has to be women."

Women unite to cut into hedge funds' male thicket

6 February 2002, Reuters News

NEW YORK, Feb 6 (Reuters) - Gentlemen, take note: Women are banding together to make fresh inroads into the clubby and predominantly male preserve of the hedge fund industry.

Lawyers, accountants and traders - yes, women who do everything from raising to managing money at New York area hedge funds - have formed an association to help each other dig deeper into a secretive industry long dominated by men.

The women are joining forces at a time the $500 billion hedge fund industry is booming and thousands of funds are being launched to meet demand from institutions like pension funds that want to tap into funds once reserved for rich investors.

Hedge funds, which sell stocks short and use borrowed money to boost returns, have outperformed money-losing mutual funds for the last two years. But for the right to use these techniques, hedge funds are prohibited from advertising. Such restrictions merely reinforce the culture of an industry where who you know is crucial to getting referrals for business.

With a wink to regulations that cap the number of investors in a hedge fund at 100, the new group calls itself "100 Women in Hedge Funds."

They underestimated themselves. Twice that number signed up for the group's first event - a discussion of how to work with the media.

The only men in sight were two coat checkers and one public relations executive who gave tips on coping with the industry's growing popularity and the press corps' probing questions.

The group now hopes to fill a void in a community where women have long complained about being excluded from the so-called old-boy networks that still provide introductions to jobs and investors.

And as roughly 160 women streamed into Morgan Stanley's executive dining room, hugging friends and exchanging cards, the group's success underscored some industry shortcomings.

"It is disconcerting to see that there is so much demand for this kind of event," said group organizer Dana Hall, managing director at Lighthouse Partners, a hedge fund of funds group.

Some attendees were skeptical about the group's aims at first, saying they did not want to segregate themselves with other women in what is clearly still a man's world.

"Frankly, I'm treating this like every other industry function where there is a chance to network," one executive said while standing in line to check in.

"Let's face it, we are all successful here because there were men along the way who gave us a shot, and in some cases, helped us. But if I can now help someone else, I'm there," another chimed in.

But this group distinguishes itself from other industry associations where a balanced checkbook is all that's needed to pay the dues. Here, women have to pay with their talents.

"Membership dues are to commit to at least one thing that you are good at," according to a statement written by Hall and fellow organizers Carol Kim, vice president at hedge fund Continuity Capital, and Sarah Dyer, director of marketing at hedge fund Trident Investment Management.

The next order of business is to build a Web site.

Throughout the evening the clusters of women crowding around the fruit and cheese plates were reminded to volunteer for something.

"We will have to collect those 'what I'm good at' slips and 'what I want to do' slips and our future programs will be dictated by that, Hall said.

Growth, the organizers said, will also come by word of mouth.

"When I heard about this, I immediately sent an e-mail to about 60 women I know in the industry," said Suzanne Currie, a partner at hedge fund Ardsley Partners.