New York – December 10, 2007 – The Hedge Fund Association (HFA), an international not for profit organization founded in 1996 to advance the interests of hedge fund managers, service providers and investors, today announced the launch of the Northeastern Chapter of the Hedge Fund Association. This new regional chapter was created to provide organizational and financial resources to enhance member programs in New York, Connecticut, Massachusetts, New Jersey, Pennsylvania, New Hampshire, Vermont, Rhode Island and Maine.

“The HFA is dedicated to uniting the global hedge fund community and increasing the awareness of the advantages of hedge funds,” stated David Friedland, HFA President and President of Magnum U.S. Investments. “Under the energetic leadership of new President Angelo Robles, the Northeastern Chapter of the HFA will provide a regular forum for the exchange of ideas, experiences and opportunities among association members.”

Angelo Robles has authored several books on financial planning and is currently a Financial Advisor in Stamford Connecticut, where he is focused cash management, asset protection and wealth transfer planning. Previously Angelo was a Director of Executive Benefits for global insurance conglomerate Arthur J. Gallagher & Co., and the original founder of 401krollover.com.

“I am delighted to lead the effort to extend an umbrella of value and support to association members throughout the Northeastern United States,” stated Angelo Robles, President of the Northeastern Chapter of the HFA. “In the weeks ahead, we will appoint our governing Board of Directors and announce several new regional initiatives that will further strengthen and unite the hedge fund community.”

To learn more about future plans for the Northeastern Chapter of the HFA please contact Angelo Robles at arobles@thehfa.org or 203-570-2898.

About the Hedge Fund Association:

The Hedge Fund Association is a not for profit organization founded in 1996 by Dion Friedland with the primary goal of educating the public and the media about the misperceptions of hedge funds, and promoting the image and popularity of hedge funds. The Association’s Web site is one of the most visited websites for information on hedge funds, and is used by institutions, investors, hedge fund managers, authors, students and the media to become more educated about hedge funds and the various hedge fund strategies.

Membership in the HFA is open to hedge fund managers and investment advisors; investors in hedge funds, including funds of funds, private banks, family offices, pension funds and endowments andhigh net worth individuals; and hedge fund professionals, including administrators, custodians, auditors, prime brokers, lawyers, consultants and advisors, and marketing representatives. To join orfind out more, please visit www.thehfa.org.