HedgeCo.net (West Palm Beach) – Members of Dubai Multi Commodities Centre (DMCC), have been asked to join the commodities community at Jumeirah Lakes Towers (JLT). All member companies, including those awaiting membership approvals, will be brought together to form a physical commodities cluster within the 200-acre JLT free zone community.

According to the announcement, DMCC member companies, which until now have been operating from locations across Dubai, will now be required to relocate to the JLT free zone on completion of the first year of operations. The renewal of licences for existing members currently operating outside the free zone will be linked to their relocation to JLT.

Commenting on the new initiative, Sudhakar Tomar, Managing Director, HAKAN AGRO DMCC, a DMCCA member company, said: “We consider this a wise move. Operating from the JLT Zone as a community will streamline commodities trading activity in Dubai. The free zone advantages and the state-of-the-art facilities are sure to provide a competitive edge to companies.”

(DMCC members have access to the Almas Gold and Diamond vaults, market infrastructure and trading platforms like the Dubai Gold and Commodities Exchange, Dubai Diamond Exchange, Dubai Pearl Exchange, Dubai tea Trading Centre and Dubai Cotton Centre, and a range of commodities backed financial investment tools including Shariah compliant hedge funds and Dubai Gold Securities.)

The move is also in response to the impressive rise in the number of registrations at DMCC and JLT, following the progress in the free zone’s development and the increasing interest from investors to set up offices, DMCCA said.

DMCCA is also working closely with the sub-developers of the Jumeirah Lake Towers project to ensure that the towers and office facilities are completed on schedule, which will help companies finalise their relocation strategy.

Editing by Alex Akesson
Email: alex@hedgeco.net

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TORONTO – Introduction Capital announced today that Horizons
BetaPro ETFs, Felcom Data Services Inc. and JovVentures Inc. have signed on
as the partner sponsors for its third annual forum for global sophisticated
investors interested in the Canadian hedge fund market entitled “Canadian
Hedge Fund Managers Speak with Investors”. Horizons BetaPro ETFs, managed by
BetaPro Management Inc., are showing their support for this forum for the
second year in a row.

“We are proud to associate our company with a forum dedicated to supporting
the Canadian hedge fund industry,” said Howard J. Atkinson, President of
BetaPro. “It is a good fit for us, given that BetaPro is a significant
provider of ETFs products in Canada and that ETFs are used by both
institutional and private investors globally.”

About Horizons BetaPro ETFs:

Horizons BetaPro ETFs are managed by BetaPro Management Inc., Canada’s sole
provider of investment tools allowing investors to profit when the market is
rising or falling, or to reduce their risk by hedging their existing market
exposure. BetaPro currently manages the largest product offering of any
Canadian ETF provider with approximately $1.8 billion amongst 28 ETFs.

About Felcom Data Services Inc.:

Felcom Data Services Inc. (FDS) has been providing Fund Accounting and
Transfer Agency services to investment fund manufacturers since 2001, and
offers a total solution to address all investment product administrative
requirements. FDS has greater than $3.6 Billion in Assets under
Administration for 30 Customers, and services more than 250 different
products.

FDS can manage the Fund Valuation & Accounting and Transfer Agent &
Registrar needs of any sized firm. Where necessary, FDS can develop
customized solutions and interfaces or other technological requirements with
the support of our system providers. The company also provides Relationship
Management with their specialized Strategic Partner Vendors. FDS is able to
provide an immediate total administration solution for established product
manufacturers or a phased-in implementation approach to suit a “start-up”
Customer’s growth over time.

About JovVentures Inc.:

JovVentures Inc., a wholly owned subsidiary of JovFunds Management Inc., is
an incubation platform for financial services companies. With a focus on
Canadian private equity and emerging hedge fund managers, JovVentures has
developed a robust institutional platform across an array of services and
functions including on-shore and off-shore capital raising, middle office
workflow, legal registration and marketing.

The forum will provide global investors with direct access to 16 of Canada’s
most prominent hedge fund managers including Salida Capital, Front Street
Capital and Sprott Asset Management. Managers will present an overview of
their firm, fund strategy, risk management approach and market outlook to an
audience of fund of funds, family offices, institutions and high net worth
individuals from around the world. The forum will be held on September 25th,
2008 at the St. Andrew’s Club & Conference Centre in Toronto, Ontario,
Canada.

About Introduction Capital:

Introduction Capital is a boutique firm that brokers strategic business
relationships between sophisticated global investors and Canadian hedge fund
managers. The firm tracks over 100 hedge funds in Canada and offers global
investors the perfect place to “start” their Canadian manager search.
Introduction Capital encourages offshore investors to visit Canada by
creating full manager meeting itineraries on their behalf. Over $150 million
in investor capital has been introduced to Canadian hedge fund managers
through Introduction Capital since it was founded in 2004 by Karen Azlen.
Introduction Capital is a member of the Canadian Chapter of AIMA and is
registered with the Ontario Securities Commission as a Limited Market
Dealer.

Attendance to the forum is by invitation only with limited seating. For
inquiries, information on attending or interview requests please contact
Karen Azlen, CEO, Introduction Capital Inc. at 416-849-1927 or
k.azlen@introcap.com. Please visit our website at www.introcap.com.

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