HedgeFund.net Partners with Zephyr Associates On StyleADVISOR and AllocationADVISOR

<body.content> <block> <p>NEW YORK, Oct. 15 /PRNewswire/ — HedgeFund.net, the Internet’s most popular destinations for performance data and news on the global hedge fund industry,today announced a partnership with Zephyr Associates, a leader in the development of analytical software tools for the financial management industry.</p> <p>More than 2,800 hedge fundmanagers report their monthly performance to HedgeFund.net, a division of Channel Capital Group Inc. Under the agreement, Zephyr Associates will offer HedgeFund.net’s premier hedge fund performancedatabase to users of StyleADVISOR, the leading tool for returns-based style and performance analysis, and AllocationADVISOR, the most sophisticated asset allocation and Monte Carlo simulationsoftware. Investment professionals throughout the world use these tools to analyze investment managers, mutual funds, financial markets, investment portfolios, and, more recently, hedgefunds.</p> <p>”We are very pleased to partner with Zephyr Associates on this exciting new suite of products,” said Donald C. Cacciapaglia, chairman and chief executive officer ofHedgeFund.net. “Our database of hedge fund managers is among the most comprehensive and detailed in the industry. Zephyr’s software will allow sophisticated investors to harness this data to gainvaluable intelligence on the hedge fund market.”</p> <p>Zephyr Associates is a global leader in the development of analytical software tools for the financial management industry. Itsproducts are used by thousands of investment consultants, financial advisors, money managers and plan sponsors at hundreds of companies. Zephyr software may be used to create better presentations, toconduct analyses, and to gain a better understanding of the investment management process.</p> <p>In the last year, Zephyr Associates’ clients have shown a growing interest in being ableto analyze hedge funds. To meet this demand Zephyr Associates approached HedgeFund.net about formalizing an agreement.</p> <p>”This new agreement is indicative of our responsiveness toclient needs,” says Steve Hardy, president and chief executive officer of Zephyr Associates. “Our customer focus and commitment to delivering the best and most innovative tools has made ZephyrAssociates the global leader in returns-based style analysis software.”</p> <p>Channel Capital Group Inc. and HedgeFund.net</p> <p>Channel Capital Group Inc., based in NewYork, provides data and services to alternative investment professionals. The company owns HedgeFund.net, the Web’s most popular destination for hedge fund information and performance data. A recentsurvey found that 75% of alternative investment professionals rely on HedgeFund.net as a hedge fund database. The site serves a rapidly growing userbase of more than 37,000 accredited investorsworldwide. Registered users include high-net-worth individuals, family offices, funds of funds, foundations, endowments, and pension funds from around the world. These investors use HedgeFund.net asan invaluable source for up-to-the-minute news, useful commentary and performance data on more than 2,800 hedge funds, with new funds added daily. Fund managers who list their information on the sitecan opt for various levels of transparency and visibility to our accredited investor userbase. The site’s premium service for fund managers is called HedgePlus — the most powerful platform forvisibility and transparency in the industry. HedgeFund.net is the leading Web destination where qualified investors can access hedge fund information and performance data.</p> <p>AboutZephyr Associates</p> <p>Zephyr Associates, founded in 1994, is a leading developer of analytical software for the financial management industry. Zephyr’s StyleADVISOR andAllocationADVISOR are used by investment professionals to analyze investment managers, mutual funds, financial markets, investment portfolios, and hedge funds. StyleADVISOR gives financialprofessionals a unique and widely acclaimed combination of style, risk, performance, and peer group analyses coupled with exceptional, high-quality reports that give users a decisive edge in managingportfolio objectives. AllocationADVISOR provides tools for mean- variance optimization, asset allocation, analytic portfolio projections, and Monte Carlo simulation. For more information about ZephyrAssociates, visit their web site at <a>http://www.styleadvisor.com/</a> </p> <p>http://www.styleadvisor.com</p> <datasource>HedgeFund.net</datasource></block> <block class=”contact”> <p>CONTACT: Donald Cacciapaglia, CEO of HedgeFund.net, Inc.,<br/>+1-212-381-8055, <virtloc idsrc=”dummy”value=”dummy”>[email protected]</virtloc>; Kelly Higgins of Zephyr<br/>Associates, +1-800-789-5323, <virtloc idsrc=”dummy”value=”dummy”>[email protected]</virtloc>; or Scott C. Tanner of<br/>Millennium Media Consulting, Inc., +1-866-755-3863, for HedgeFund.net, Inc.,<br/><virtlocidsrc=”dummy” value=”dummy”>[email protected]</virtloc></p> </block> <block class=”website”> <p>Web site: <a>http://www.hedgefund.net/</a></p></block> </body.content>