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Benchmark Performance Summary Index Value Return
  May 09 Apr 09 May 09 Apr 09 YTD
Credit Suisse/Tremont Hedge Fund Index 374.66 360.04 4.06% 1.68% 6.72%
Convertible Arbitrage 264.00 249.51 5.81% 4.52% 19.12%
Dedicated Short Bias 80.92 81.37 -0.55% -9.57% -9.02%
Emerging Markets 297.37 278.03 6.96% 5.17% 12.43%
Equity Market Neutral 228.42 220.42 3.63% 1.29% 1.31%
Event Driven 417.50 400.60 4.22% 1.48% 5.56%
Distressed 473.99 455.09 4.15% 1.80% 4.82%
E.D. Multi-Strategy 393.34 377.09 4.31% 1.27% 6.01%
Risk Arbitrage 292.57 287.26 1.85% 0.72% 5.38%
Fixed Income Arbitrage 183.16 175.55 4.33% 1.93% 9.81%
Global Macro 607.68 598.86 1.47% 0.19% 4.29%
Long/Short Equity 435.16 413.52 5.23% 2.54% 8.25%
Managed Futures 269.33 267.05 0.85% -3.24% -5.23%
Multi-Strategy 304.75 292.25 4.28% 2.24% 10.50%

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© 1999 - 2007 Credit Suisse Tremont Index LLC. All rights reserved.
This communication is for informational purposes only. It is not intended as investment advice, or an offer or solicitation for the purchase or sale of any financial instrument. No market data or other information is warranted by Credit Suisse Tremont Index LLC or its subsidiaries and affiliates as to completeness or accuracy, express or implied, and is subject to change without notice. Any comments or statements made herein do not necessarily reflect those of Credit Suisse, Tremont Capital Management, Inc., or their respective subsidiaries, affiliates, officers or employees. Credit Suisse, Tremont Capital Management, Inc., and their respective subsidiaries, affiliates, officers, and employees may have issued other communications that are inconsistent with, and reach different conclusions from, the information presented herein. Those communications reflect the assumptions, views, and analytical methods of the persons that prepared them. (continued...)






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