HedgeCo.net – NEW YORK, October 23, 2006 Group G Capital Partners, LLC, a
fixed-income investment advisor specializing in alternative credit
strategies, is pleased to announce that Tim McDowell has joined as an
Analyst.

Tim is responsible for research and analysis on investment
opportunities for the firm’s distressed strategy.  He reports to
Arthur Weiss, Portfolio Manager.

“We are excited about Tim’s addition to Group G and we look forward
to continued growth,” said Geoffrey Gwin, Group G’s Chairman. “Both
of our strategies are posed to capitalize on current market
opportunities.”  

Tim most recently worked as an Associate at Tailwind Capital, a private
equity fund, where he was responsible for evaluating and executing
investments opportunities.  He holds a Bachelor of Science in Business
Administration from the University of North Carolina at Chapel Hill and
a MBA from Harvard Business School.

Founded in 2003, Group G Capital Partners is a research focused
investment manager specializing in alternative credit strategies,
including market-neutral high yield and distressed investment strategies
with offices in New York and San Francisco.  Group G Capital Partners is
an affiliated manager of Asset Alliance Corporation.

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