Horizon Cash Management Fields Best Practices Survey

WEST PALM BEACH, FL (HEDGECO.NET) – Horizon Cash Management LLC, a leading cash manager for alternative investment funds, today announced the launch of an online research study: “The 2006 Survey ofBest Practices in the Hedge Fund Industry.” Horizon invites all hedge fund industry professionals to participate in this survey.

The survey is the third major research project Horizon has commissioned since 1998. It was designed to provide a comprehensive examination of where industry “best practices” currently stand across abroad spectrum of investment and operational realms.

The web-based technology used in this survey provides a unique benefit: each respondent will be able to compare and contrast his own best practices against those of the industry’s leadingprofessionals. “This ability to ‘benchmark’ against the survey universe is an attractive and distinctive feature,” said Brian Hurley, Horizon’s Senior Director of Marketing.

Hedge fund professionals are encouraged to fill out this online survey at http://asking.yourthoughts.com (password: hedge).

“This survey is our biggest and most comprehensive research project to date. Because ‘best practices’ impact everyone in the alternative investment industry, what we learn will be viewed withinterest and importance among our peers,” said Diane Mix, President and Principal, Horizon Cash Management.

Horizon invited representatives from seven different enterprises and associations to submit questions to ensure that this survey touched upon every realm involved in best practices. AIMA and MFA, thetwo best-known trade associations in the industry, contributed to the survey, as did Custom House Administration, FIMAT, IMS and Walek & Associates.

Established in 1991, Chicago-based Horizon Cash Management LLC (www.horizoncash.com) provides customized portfolio and treasury services to hedge funds, managed futures funds and other institutionalclients worldwide. With more than $3 billion in assets under management, Horizon seeks to maximize cash balance returns while providing daily risk management for alternative fund investors andmanagers. Horizon is a registered investment adviser with the US Securities and Exchange Commission.

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