Horizon Enhances Business Development And Portfolio Management

HedgeCo.net ( New York )  –  Horizon Cash Management LLC, a leading
cash manager for alternative investment funds, today announced that they
have hired a new executive and promoted another as the firm ramps up its
business development and portfolio management in conjunction with strong
asset growth in 2006.   

Robert von Halle, 49, has joined as Senior Vice President, Business
Development.  In this newly created position, he is responsible for
developing new strategies and products and reports to Pauline Modjeski,
Executive Vice President and Managing Partner of the firm. 
 
The firm also announced that Jill King was promoted to Vice President
and Senior Portfolio Manager and is now responsible for managing the
portfolio group.  She has 18 years of experience in all sectors of fixed
income and joined Horizon in 2005 as a Portfolio Manager.

 “We are excited about Robert’s addition to the team and
congratulate Jill on her promotion.” said Diane Mix, President and
Executive Partner of the firm. “We welcome the professional changes at
Horizon as we continue to expand and look ahead to further growth in
2007.”

Mr. von Halle brings 23 years of experience in the fixed income
industry to Horizon.  Most recently, he was at MarketAxess, an
internet-based fixed income credit trading and data services platform,
as Midwest Territory Manager.  Prior to that, he was Vice President,
Fixed Income Currency and Commodities at Goldman Sachs in Chicago.  Mr.
von Halle has also worked in the fixed income sale departments at Bear
Stearns and Salomon Brothers in Chicago.   He received a Bachelor of
Arts in Economics and Management Science from Duke University and
Masters of Business Administration in Finance from Kellogg Graduate
School of Management, Northwestern University.

Established in 1991, Chicago-based Horizon Cash Management LLC
(www.horizoncash.com) provides customized portfolio and treasury
services to hedge funds, funds-of-funds, futures funds and family
offices worldwide.  With more than $3.5 billion in assets under
management, Horizon seeks to maximize cash balance returns for
alternative fund investors and managers, within the liquidity needs and
risk tolerances of each client.  Horizon is a registered investment
adviser with the U.S. Securities and Exchange Commission.

                                                                      

Sophie Sophaon l Walek & Associates l Office: 212.590.0522 l Cell:
202.270.4870 l ssophaon@walek.com

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