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HSBC Hedge weekly2013 no28
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Hedge Weekly N°28Investment Funds Performance Review
HSBC Alternative Investment Group
Week of Monday 08 Jul to Friday 12 Jul 2013
Index by Strategies 3
Index by Funds 4
Top/Bottom 20 8
Newsletter 11
About This Document 50
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 2
Convertible ArbitrageConvertible 11
Credit Long/ShortCredit 12
DistressedDistressed Security 15
Equity Long/ShortEquity-Commodity 17Equity-Diversified 18Equity-Energy 24Equity-Financial 25Equity-Healthcare 25Equity-Mid-Small Cap 25Equity-Pharma-Biotech 26Equity-Real Estate 26Equity-Technology 26Equity-Utility 27
Event DrivenEquity-Diversified 28Multi-Strategy 28
Fixed Income ArbitrageFixed Income 30
Fund of FundsArbitrage 31Event Driven 31Long/Short 31Macro 31Multi-Strategy 32Trading 32
Long OnlyEquity-Diversified 33
Macro
Commodity 34Commodity-Systematic 34Currency 34Diversified 35Fixed Income 38Systematic 38
Managed FuturesCommodity 39Currency 39Multi-Strategy 39Systematic 41
Market NeutralDiscretionary 42Equity Diversified 43Multi-Strategy 43Statistical Arbitrage 44Systematic 44
Merger ArbitrageMerger-Arbitrage 45
Multi-StrategyCredit 46Diversified 46
Volatility ArbitrageArbitrage 49
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 3Source - HSBC
3
3G BRAZIL OFFSHORE FUND LTD 18
4
400 CAPITAL CREDIT OPPORTUNITI 14
A
A.R.T. INTERNATIONAL INVESTOR 43
ABSOLUTE INSIGHT CREDIT FUND B 12
ABSOLUTE INSIGHT EMERGING MARK 12
ABSOLUTE INSIGHT UK EQUITY MKT 42
ACUITY CORPORATE OPPORTUNITY F 12
ADELANTE EMERGING DEBT FUND 35
ADELPHI EMERGING EUROPE. FUND 18
ADELPHI EUR. FUND $ (A) 19
ADRIGO HEDGE 19
AETOS CORPORATION - CLASS A 45
AG MORTGAGE VALUE PARTNERS LTD 12
AG SUPER FUND INTERNATIONAL, L 28
AHL DIMENSION USD SHARES CLASS 46
AHL DIVERSIFIED 39
AHL EVOLUTION USD 39
AJIA-LIGHTHORSE CHINA GROWTH F 17
AJR INTERNATIONAL (BVI), INC. 23
ALLBLUE LIMITED 46
ALLIANCE BERNSTEIN SELECT US E 23
ALPHA4X CAPITAL GROWTH FUND 35
ALPHADYNE INVESTMENT STRATEGIE 35
ALPHAGEN HOKUTO FUND LTD - CLA 22
ALPHAGEN OCTANIS CLASS A 23
ALPHAGEN VOLANTIS FUND, LTD - 25
ALTIS MASTER FUND ICC - GLOBAL 39
ALYDAR FUND LTD 23
ALYSHEBA FUND LIMITED 23
AMAZON MARKET NEUTRAL FUND CLA 42
ANAVON MASTER FUND LTD CLASS - 21
ANTARES EUROPEAN FUND, LTD - U 19
AQUILUS INFLECTION FUND LTD E 19
ARCUS JAPAN FUND -JPY- 22
ARISTEIA INTERNATIONAL LTD 12
ARMAJARO COMMODITIES FUND CLAS 34
ARMAJARO EMERGING MARKETS FUND 18
ARMAJARO STS COMMODITIES FUND 34
ARROWGRASS MASTER FUND 46
ASCEND PARTNERS FUND II LTD - 23
ASGARD FIXED INCOME FUND LTD 12
ASIAN CREDIT HEDGE FUND 12
ASPECT DIVERSIFIED FUND - CLAS 39
AVIVA INVESTOR FIXED INCOME MA 38
B
BASSO INVESTORS LTD 11
BAY RESOURCES PARTNERS OFFSHOR 23
BEACH HORIZON FUND LTD 39
BEACH POINT TOTAL RETURN OFFSH 16
BEACONLIGHT OFFSHORE FUND LTD 21
BLACK DIAMOND RELATIVE VALUE L 42
BLACK DIAMOND, LTD - CLASS B ( 46
BLACKROCK EOS CLASS B USD COM 44
BLACKROCK MULTI-STRATEGY FUND 46
BLACKROCK 32 CAPITAL MASTER FU 44
BLACKROCK CAPITAL STRUCTURE IN 46
BLACKROCK EUROPEAN DIVERSIFIED 43
BLACKROCK FIXED INCOME GLOBAL 30
BLACKROCK OBSIDIAN FUND 30
BLACKROCK UK EQUITY HEDGE FUND 23
BLUE SKY JAPAN LTD - CLASS A 22
BLUEBAY CREDIT ALPHA LONG SHOR 12
BLUEBAY EMERGING MARKET FIXED 12
BLUECREST CAPL INTL LTD A USD 46
BLUECREST EMERGING MARKETS FUN 35
BLUECREST MULTI STRATEGY CREDI 12
BLUEMATRIX FUND CLASS -A- USD 43
BLUEMOUNTAIN CREDIT ALTERNATIV 12
BLUEMOUNTAIN EQUITY ALTERNATIV 49
BLUEMOUNTAIN LONG SHORT CREDIT 13
BLUETREND FUND, LTD - CLASS A 39
BNY MELLON ARX BRAZIL FUND SPC 18
BORONIA DIVERSIFIED FUND MASTE 40
BOUSSARD & GAVAUDAN HOLDING., 47
BREVAN HOWARD ASIA FUND LIMITE 35
BREVAN HOWARD COMMODITIES STRA 34
BREVAN HOWARD CREDIT CATALYSTS 13
BREVAN HOWARD CREDIT VALUE FU 13
BREVAN HOWARD EM. MKT STRATEGI 35
BREVAN HOWARD FUND, LTD - USD 36
BREVAN HOWARD INVEST. FUND - E 38
BREVAN HOWARD INVESTMENT FUND 34
BREVAN HOWARD M/S FUND, LTD – 47
BRIGADE LEVERAGED CAPITAL STRU 14
BROOKFIELD GLOBAL LISTED INFRA 21
BROOKFIELD GLOBAL REITS LONG S 26
BRUMMER MULTISTRATEGY 2XL, LTD 47
BRYN MAWR OFFSHORE LTD 44
BTG PACTUAL DISTRESSED MORTGAG 16
BTG PACTUAL GLOBAL EM. MKTS AN 36
BTG PACTUAL GLOBAL EQUITY OPPO 47
C
CAMPBELL GLOBAL ASSETS FUND LT 40
CAMPBELL GLOBAL ASSETS FUND LT 40
CAMPBELL GLOBAL ASSETS FUND LT 44
CANDLEWOOD SPECIAL SITUATIONS 15
CANDLEWOOD STRUCTURED CREDIT F 13
CANDLEWOOD STRUCTURED CREDIT H 13
CANYON BALANCED FUND LTD - CLA 15
CANYON VALUE REALIZATION FD, L 15
CAPEVIEW AZRI 2X FUND 19
CAPEVIEW AZRI FUND 19
CAPITAL FUND, LTD (THE) 36
CAPULA GLOBAL RELATIVE VALUE F 30
CASSIOPEIA FUND CLASS C 49
CASTLEROCK FUND LTD 23
CAXTON GLOBAL INVESTMENT LTD 36
CAZENOVE EURO EQ ABS RETURN FU 19
CAZENOVE UK ABSOLUTE TARGET FU 42
CC ASIA ABSOLUTE RETURN FUND 17
CCI HEALTHCARE PARTNERS LTD 25
CCP QUANTITATIVE FUND US$ ARIS 40
CERBERUS INTL. LTD CLASS A A/ 15
CHENAVARI CORPORATE CREDIT STR 13
CHENAVARI TORO CAPITAL I A 15
CHILTON CHINA OPPORTUNITIES FU 17
CLIVE FUND (The ) Class - A - 34
COBALT OFFSHORE LTD 23
COELI POWER SURGE FUND LTD 39
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 4Source - HSBC
COMAC GLOBAL MACRO FUND 36
COMMONWEALTH OPPORTUNITY CAYMA 36
CONQUEST MACRO FUND, LTD (COMP 40
CONTRARIAN CAPITAL FUND I OFFS 15
CONTRARIAN EMERGING MARKETS OF 46
CQS ABS FEEDER FUND - CLASS -B 13
CQS ASIA FEEDER FUND LTD- CLA 11
CQS CONV & QUANT STRATS FEED F 11
CQS CREDIT LONG SHORT FEEDER F 13
CQS DIRECTIONAL OPP. FEEDER FU 47
CQS DIVERSIFIED FUND (SPC) LTD 47
CRABEL FUND SPC LTD CLASS A 40
CUMULUS ENERGY FUND CLASS A US 39
CYGNUS UTILITIES, INFRASTRUCTU 27
D
DAVIDSON KEMPNER DIST. OPP. IN 15
DAVIDSON KEMPNER INTL, LTD - C 28
DB EQUILIBRIA JAPAN FUND 42
DB EQUILIBRIA JAPAN FUND LTD 2 42
DB PLATINUM IV DBX SYSTEMATIC 40
DB PLATINUM V HERMES A.R. COMM 34
DIAMOND CAPITAL MANAGEMENT 32
DISCOVERY GLOBAL MACRO LTD CLA 36
DISCOVERY GLOBAL OPPORTUNITY F 36
DISCUS FEEDER LTD CL. B USD ST 40
DORSET ENERGY FUND, LTD - CLAS 24
DOUBLE BLACK DIAMOND LTD - SER 47
DOUBLE HAVEN CREDIT OPPORTUNI 12
DUET GLOBAL FUND PLUS 21
DUNN WMA UCITS 17
DYMON ASIA MACRO FUND (SERIES 34
E
EAGLE GLOBAL FUND 40
EAGLE QUANTITATIVE MACRO FUND 38
ECLECTICA FUND (THE) CLASS A E 36
EGERTON EUROPEAN DOLLAR CLASS 21
EGERTON EUROPEAN EQUITY EUR - 19
EIFFEL CREDIT OPPORTUNITIES FU 12
ELM RIDGE CAPITAL PARTNERS L.P 23
EMF FIXED INCOME FUND, LTD 30
EMINENCE FUND LTD A INITIAL S 23
ENNISMORE EUROPEAN SMALLER COM 25
EPISODE INC. CLASS A 36
EVEREST CAPITAL ASIA 17
EVEREST CAPITAL FRONTIER MARKE 18
EXANE ARCHIMEDES FUND CLASS A 26
EXANE MICROMEGAS FUND LTD- CLA 42
EXANE TEMPLIERS FUND 21
F
FEINGOLD OKEEFFE CAPITAL I OFF 13
FINISTERRE SOVEREIGN DEBT FUND 12
FIREBIRD NEW RUSSIA FUND, LTD 18
FIREBIRD REPUBLICS FUND, LTD 18
FORE MULTI STRATEGY FUND LTD 13
FORT GLOBAL CONTRARIAN 40
FORT GLOBAL DIVERSIFIED 40
FORTRESS ASIA MACRO FUND 35
FORTRESS MACRO FUND LTD. CLAS 36
G
GABELLI ASSOCIATES LIMITED - C 45
GAM DIVERSITY I INC - US$ CLAS 32
GAM DIVERSITY II INC - US$ CLA 32
GAM GLOBAL RATES HEDGE FUND 36
GAM TALENTUM ENHANCED EUROPE L 43
GAM TRADING II USD 32
GAMUT INVESTMENTS 36
GAVEA FUND LTD . CLASS A S/1 35
GEMS PROGR. FUND SICAV RECOVER 31
GEOSPHERE FUND, LTD 17
GLADE BROOK GLOBAL OFFSHORE FU 21
GLENVIEW CAPITAL PARTNERS (CAY 23
GLG EUROPEAN EQUITY ALTERNATIV 43
GLG EUROPEAN LONG SHORT FUND C 19
GLG MARKET NEUTRAL FUND - CLAS 47
GRAHAM GIF II PROPRIETARY MATR 40
GRAHAM GLOBAL INVESTMENT FUND 36
GRAHAM GLOBAL INVESTMENT FUND 40
GRAHAM GLOBAL INVESTMENT FUND 40
GRAHAM GLOBAL INVESTMENT FUND- 37
GREEN FUND LLC GREEN CLASS 35
GREEN T G2 FUND 13
GREENLIGHT CAPITAL OFFSHORE, L 25
GROWTH MANAGEMENT LTD 18
GRT TOPAZ OFFSHORE PARTNERS, L 26
GSA CAPITAL INTERNATIONAL FUND 44
H
HABROK LTD 19
HALCYON OFF. ASSET-BACKED VALU 16
HALCYON PARTNERS OFFSHORE FUND 47
HARBOUR HOLDINGS LTD 26
HARMONIC ALPHA PLUS MACRO FUN 37
HENDERSON JAPAN ABS RETURN FD, 22
HIGHBRIDGE CAPITAL CORPORATION 47
HIGHBRIDGE LONG/SHORT EQUITY F 23
HIGHBRIDGE QUANTITATIVE COMMOD 40
HIGHBRIDGE QUANTITATIVE COMMOD 40
HIGHBRIDGE STATISTICAL OPP. LT 44
HORSEMAN GLOBAL FUND USD 21
HSBC ALPHA FUND LTD - HSBC EUR 20
HSBC ASIAN ADVANTEDGE FUND 31
HSBC CREDIT MARKET OPPORTUNITI 31
HSBC EUROPEAN ALPHA FUND -EUR 20
HSBC GH FUND USD 32
HSBC HEDGE INVESTMENTS FUND 32
HSBC LEVERAGED GH FUND 32
HSBC MAA FUND USD 31
HSBC NEXT GENERATION FUND NNI 32
HSBC SPECIAL OPPORTUNITIES FUN 31
HSBC TRADING ADVANTEDGE FUND 32
HSBC UCITS ADVANTEDGE FUND -US 32
HT ASIAN CATALYST FUND LLC 17
HUDSON BAY INTERNATIONAL FUND 43
HUTCHIN HILL CAPITAL OFFSHORE 47
I
III FUND LTD 30
III RELATIVE VALUE CREDIT STRA 30
III SELECT CREDIT FUND LTD CLA 13
INVICTA OFFSHORE FUND LTD 23
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 5Source - HSBC
IVORY CAPITAL ENHANCED STRATEG 23
IVORY CAPITAL FLAGSHIP STRATEG 24
J
JABCAP EMEA FUND CLASS X1 18
JABCAP GLOBAL BALANCED FUND LT 47
JABCAP GLOBAL CONVERTIBLE FUND 11
JABCAP MULTI STRATEGY FUND LTD 47
JENOP GLOBAL HEALTHCARE FUND L 25
JOHO FUND, LTD-A- 17
JPMORGAN PORT. STRAT. FUNDS-EU 20
JPS CREDIT OPPORTUNITIES FUND 13
K
KALTCHUGA FUND - RUSSIA EQ. SU 18
KAMUNTING STREET OFFSHORE FUND 30
KEYNES LEVERAGED QUANTITATIVE 41
KG INVESTMENT FUND LLC 28
KIMA PAN ASIA OFFSHORE FUND - 17
KINETICS FUND, INC - A/A 24
KING STREET CAPITAL, LTD 15
KING STREET EUROPE LTD CLASS A 15
KINGDON CREDIT LTD A1/1 13
KINSALE COMPASS FUND 21
KLS DIVERSIFIED FUND LTD 30
KROM RIVER COMMODITY FUND 34
L
LANSDOWNE DEVELOPED MARKET FUN 21
LANSDOWNE EURO EQTY FD, LTD - 20
LANSDOWNE GLOBAL FINANCIALS FU 24
LAZARD RATHMORE FUND - CLASS A 11
LC CAPITAL OFFSHORE FUND, LTD 15
LIM ASIA MULTI-STRATEGY FUND C 43
LIM JAPAN FUND 48
LINDEN INTERNATIONAL LTD 47
LION FUND, LTD (THE) 45
LMR GLOBAL OPPORTUNITIES FUND 47
LNG EUROPA CREDIT FUND 46
LONDON DIVERSIFIED FUND, LTD - 30
LOOMIS SAYLES CREDIT LONG SHOR 13
LUCIDUS CAPITAL G4 FUND 13
LYNX (BERMUDA) LTD 41
M
M. KINGDON OFFSHORE NV - A/1 21
MACQUARIE ASIAN ALPHA FUND 42
MADISON STREET FUND L.P. 24
MAN GLG MULTI-STRATEGY FUND CL 48
MARATHON VERTEX JAPAN FD, LTD 22
MARCATO INTERNATIONAL LTD 28
MARLIN FUND LP 24
MARSHALL WACE - MW CORE A USD 20
MARSHALL WACE - MW EUREKA A1 E 21
MARSHALL WACE - MW EUROPEAN TO 20
MARSHALL WACE - MW GLOBAL FINA 24
MARSHALL WACE - MW GLOBAL OPPO 22
MARSHALL WACE - MW MARKET NEUT 42
MARTIN CURRIE ARF - GLOBAL RES 17
MARTIN CURRIE ARF - JAPAN FUND 22
MARTIN CURRIE EUROPEAN HEDGE F 20
MASTERS FUND LTD MAGNOLIA SERI 31
MAVERICK FUND, LTD - CLASS A/1 22
MBAM ACTIVE LONG SHORT 20
MELLON OFF GLOB OPP FUND LTD - 37
MELLON OFF. ALPHAACCESS FUND L 37
MERCHANT COMMODITY FUND (THE) 34
MIDOCEAN ABSOLUTE RETURN CREDI 14
MIDOCEAN CREDIT OPPORTUNITY FU 14
MILLENNIUM INTL LTD 48
MKP PARTNERS OFFSHORE LTD 30
MKP CREDIT OFFSHORE FUND 14
MKP OPPORTUNITY OFFSHORE, LTD 37
MLIS - CCI HEALTHCARE LONG SHO 25
MLIS - MARSHALL W. TOPS UCITS 42
MLIS OZ EUROPE UCITS FUND CLAS 28
MLM MACRO PEAK PARTNERS OFFSH 37
MONARCH DEBT RECOVERY FUND LTD 15
MONEDA ABSOLUTE RETURN LTD 28
MOORE GLOBAL INV FD, LTD - A $ 37
MOORE MACRO MANAGERS FUND, LTD 37
MS ASCEND UCITS FUND CLASS I E 22
MUDRICK DISTRESSED OPPORTUNITY 15
N
NEVSKY FUND PLC (COMPOSITE) 22
NEZU CYCLICALS FUND LTD 17
NORDIC ALPHA CLASS B - NOK 20
O
OCCO EASTERN EUROPEAN FUND A S 19
OCEANIC HEDGE FUND - CLASS A 17
OCP DEBT OPPORTUNITY INTERNATI 14
OCTAGON PAN ASIA FUND 18
ODEY EUROPEAN, INC (EUR) 20
OMEGA OVERSEAS PARTNERS, LTD 24
ONE WILLIAM STREET CAPITAL FUN 14
ONSLOW MACRO FUND CLASS A 37
ORTUS FUND (CAYMAN) LTD 39
OWL CREEK OVERSEAS FUND, LTD 28
OWS CREDIT OPPORTUNITY FUND 15
P
PALOMINO FUND LTD CLASS B ORIG 13
PAN ASIA OPPORTUNITIES FUND LT 43
PASSPORT GLOBAL STRATEGY FUND 22
PASSPORT LONG SHORT STRATEGY F 22
PASSPORT SPECIAL OPPORTUNITIES 28
PAULSON ADVANTAGE LTD -A- 28
PAULSON ADVANTAGE PLUS LTD 29
PAULSON CREDIT OPPORTUNITIES L 15
PAULSON ENHANCED LTD 45
PAULSON INTERNATIONAL, LTD 45
PAULSON RECOVERY FUND LTD 29
PEGASUS UCITS FUND 23
PELHAM LONG/SHORT FUND LTD CLA 20
PENSATO EUROPA FUND LTD EURO C 20
PERCEPTIVE LIFE SCIENCES OFFSH 26
PERRY PARTNERS INTERNATIONAL I 29
PERSHING SQUARE INTL.LTD 29
PHARO MACRO FUND LTD 37
PHARO TRADING FUND 35
PIMCO ABSOLUTE RETURN STRATEGY 30
PIMCO GLOBAL CREDIT OPPORTUNIT 14
PIMCO MULTI-ASSET VOLATILITY F 49
PINE RIVER ASIA FUND 11
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 6Source - HSBC
PINE RIVER CONVERTIBLES FUND 11
PINE RIVER FIXED INCOME FUND L 30
PINE RIVER FUND CLASS -B1- SHA 48
PINE RIVER LIQUID MORTGAGE FUN 30
PINPOINT CHINA FUND CLASS A US 18
PINPOINT MULTI-STRATEGY FUND 37
PLATINUM FUND LTD 22
PLATINUM PARTNERS VALUE ARBITR 48
POLAR CAPITAL EUROP CONVICTION 20
POLAR CAPITAL EUROPEAN FORAGER 25
POLLUX BRAZILIAN EQUITIES FUND 19
PORTLAND HILL OVERSEAS FUND LT 48
PROLOGUE FEEDER FUND, LTD. CLA 30
Q
QVT OFFSHORE LTD CLASS 1-NR 48
R
RAB SPECIAL SITUATION FD LTD 25
RAVEN ROCK CREDIT OFFSHORE FUN 14
RBR EUROPEAN LONG SHORT LTD (E 20
REAL RETURN ASIA FUND LTD (THE 18
REDWOOD OFFSHORE FUND 16
RENAISSANCE INSTITUTIONAL DIVE 41
RENAISSANCE INSTITUTIONAL EQUI 24
RENAISSANCE INSTITUTIONAL FUTU 41
REVELATION SPECIAL SITUATIONS 29
ROSEMONT OFFSHORE FUND LTD CLA 44
RUBICON GLOBAL FUND, LTD 37
RUSSIAN PROSPERITY FUND - A 33
RWC SAMSARA FUND CLASS A EURO 20
RWC US ABSOLUTE ALPHA FUND - C 24
S
SAB OVERSEAS FUND LTD 24
SABA CAPITAL OFFSHORE FUND LTD 14
SAGIL LATIN AMERICAN OPPORTUNI 19
SEGANTII ASIA-PACIFIC EQUITY M 46
SELIGMAN TECH SPECTRUM FUND CL 26
SEMINOLE OFFSHORE FUND 24
SENVEST PARTNERS, LTD - CLASS 26
SIERRA EUROPE OFFSHORE, LTD - 20
SILVER POINT CAPITAL OFFSHORE 15
SINFONIETTA FUND 35
SKYLINE UCITS FUND INSTITUTION 19
SOLAISE SYSTEMATIC FUND LTD ( 41
SOLUS SOLA LTD CL. I 29
SOMERSET SPECIAL OPPORTUNITIES 29
SPF CREDIT SUISSE SECURITIZED 14
SPINNAKER GLOB OPP FUND, LTD C 35
SPINNAKER GLOBAL EMERGING MARK 46
SR GLOBAL FUND C - INTERNATION 22
SR GLOBAL FUND H - JAPAN (Real 22
SR GLOBAL FUND INC - G - GLOBA 19
SR PHOENICIA INC CLASS -A- SER 19
STANDARD PACIFIC CAPITAL -B- 22
STK CAPITAL GLOBAL EQUITIES 22
STONE LION FUND LTD CLASS A 16
STRATEGIC VALUE RESTRUCTURING 16
STRATUS FUND LIMITED CLASS B 48
SUSA EUROPEAN EQUITIES FUND CL 21
T
TELLIGENT GREATER CHINA FUND 18
TEWKSBURY INVESTMENT FUND, LTD 41
THE CAMBRIDGE STRATEGY - APOLL 36
THE CAMBRIDGE STRATEGY - ASIAN 34
THE CAMBRIDGE STRATEGY - EMERG 35
THE CAMBRIDGE STRATEGY - EXTEN 35
THEOREMA EUROPE FUND PLUS LTD 21
THIRD POINT OFFSHORE FUND LTD 29
THIRD POINT ULTRA 29
TILDEN PARK OFFSHORE INVESTMEN 14
TOSCA CLASS A - USD 25
TRADELINK INTEGRATED PROGRAM L 41
TRAXIS SIVIK GLOBAL HEALTHCARE 26
TRIAN PARTNERS LTD 29
TRICADIA CREDIT STRATEGIES, LT 14
TT INTERNATIONAL FUND 37
TT MID-CAP EUROPE LONG/SHORT F 21
TUDOR B.V.I GLOBAL FUND LTD -A 37
TUDOR B.V.I GLOBAL FUND LTD -A 37
TUDOR DISCRETIONARY MACRO FUND 37
TUDOR TENSOR FUND LIMITED CLAS 41
TULIP TREND FUND, LTD - A 41
TUSKER INVESTMENTS FUNDS 17
TWO SIGMA ABSOLUTE RETURN FUND 43
TWO SIGMA COMPASS CAYMAN FUND 41
TWO SIGMA HORIZON CAYMAN LTD 48
TYRUS CAPITAL EVENT FUND LTD 29
TYRUS CAPITAL OPPORTUNITIES FU 29
V
VAN ECK HARD ASSETS 2X FUND LT 17
VISIUM BALANCED OFFSHORE FUND 26
VISIUM CREDIT OPPORTUNITIES FU 14
VISIUM GLOBAL OFFSHORE FUND LT 48
VISIUM INSTITUTIONAL PARTNERS 25
VR GLOBAL OFFSHORE FUND LTD 16
W
WATERSTONE MKT NEUT OS FUND, L 11
WEISS MULTI-STRATEGY PARTNERS 48
WF ASIA FUND LTD S/1 18
WINTON EVOLUTION FUND (THE) 41
WINTON FUTURES FUND - CLASS B 41
Y
YORK ASIAN OPPORTUNITIES UNITS 28
YORK INVESTMENT LTD -CLASS A-U 29
Z
ZADIG FUND CLASS A1 21
ZEAL CHINA FUND LIMITED 18
ZWEIG-DIMENNA INTL LIMITED - C 24
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 7Source - HSBC
TopInvestment Funds Return DateSR GLOBAL FUND H - JAPAN (Real Perf) 43.47 30 Jun 13
SENVEST PARTNERS, LTD - CLASS A 39.97 30 Jun 13
PERCEPTIVE LIFE SCIENCES OFFSH FUND, LTD 37.42 05 Jul 13
SINFONIETTA FUND 37.28 05 Jul 13
MARLIN FUND LP 36.77 31 May 13
CUMULUS ENERGY FUND CLASS A USD 35.50 05 Jul 13
PEGASUS UCITS FUND 31.55 05 Jul 13
BLUE SKY JAPAN LTD - CLASS A 28.94 31 May 13
GLENVIEW CAPITAL PARTNERS (CAYMAN), LTD. 28.82 30 Jun 13
RUBICON GLOBAL FUND, LTD 28.29 05 Jul 13
OWL CREEK OVERSEAS FUND, LTD 26.61 05 Jul 13
DUNN WMA UCITS 25.53 05 Jul 13
PAULSON RECOVERY FUND LTD 25.22 30 Jun 13
MERCHANT COMMODITY FUND (THE) - COMPOSITE 24.15 30 Jun 13
MARTIN CURRIE ARF - JAPAN FUND 23.27 08 Jul 13
ARCUS JAPAN FUND -JPY- 22.81 10 Jul 13
AJIA-LIGHTHORSE CHINA GROWTH FUND LTD 22.60 31 May 13
JABCAP MULTI STRATEGY FUND LTD CLASS D/1 NI 22.04 30 Jun 13
PALOMINO FUND LTD CLASS B ORIGINAL SERIES 21.22 31 May 13
KINETICS FUND, INC - A/A 20.34 05 Jul 13
BottomInvestment Funds Return DateRAB SPECIAL SITUATION FD LTD -27.00 30 Jun 13
CCP QUANTITATIVE FUND US$ ARISTARCHUS SH. -17.32 05 Jul 13
ORTUS FUND (CAYMAN) LTD -13.77 30 Jun 13
BREVAN HOWARD EM. MKT STRATEGIES FUND LTD -12.87 30 Jun 13
HIGHBRIDGE QUANTITATIVE COMMODITIES FUNDCLASS B
-11.87 31 May 13
HIGHBRIDGE QUANTITATIVE COMMODITIES FUNDCLASS A
-11.79 31 May 13
BLUETREND FUND, LTD - CLASS A -10.42 30 Jun 13
CONQUEST MACRO FUND, LTD (COMP) -9.59 10 Jul 13
WATERSTONE MKT NEUT OS FUND, LTD -9.07 05 Jul 13
ZEAL CHINA FUND LIMITED -7.70 05 Jul 13
FORT GLOBAL DIVERSIFIED -7.22 05 Jul 13
HARMONIC ALPHA PLUS MACRO FUND - USD CLASS -7.10 05 Jul 13
HSBC TRADING ADVANTEDGE FUND -6.74 21 Jun 13
EAGLE QUANTITATIVE MACRO FUND LTD -6.66 05 Jul 13
MARTIN CURRIE ARF - GLOBAL RESOURCES -6.36 08 Jul 13
EAGLE GLOBAL FUND -5.88 05 Jul 13
RENAISSANCE INSTITUTIONAL FUTURES FUND LP -5.82 05 Jul 13
ARMAJARO EMERGING MARKETS FUND CLASS -A- -5.72 05 Jul 13
DB PLATINUM V HERMES A.R. COMMODITY FUND -5.63 09 Jul 13
DOUBLE HAVEN CREDIT OPPORTUNITIES 04/04 -5.47 09 Jul 13
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 8Source - HSBC
TopInvestment Funds Return DateBTG PACTUAL DISTRESSED MORTGAGE FUND 45.94 31 Dec 12
TILDEN PARK OFFSHORE INVESTMENT FUND LTD 41.34 31 Dec 12
BROOKFIELD GLOBAL REITS LONG SHORT STRATEGY 40.00 31 Dec 12
CQS DIRECTIONAL OPP. FEEDER FUND. Ltd – A NI USD 35.86 31 Dec 12
PINE RIVER FIXED INCOME FUND LTD 34.85 31 Dec 12
SENVEST PARTNERS, LTD - CLASS A 34.81 31 Dec 12
THIRD POINT ULTRA 34.47 31 Dec 12
BLACKROCK OBSIDIAN FUND 34.27 31 Dec 12
400 CAPITAL CREDIT OPPORTUNITIES 34.21 31 Dec 12
ASGARD FIXED INCOME FUND LTD 34.12 31 Dec 12
CHENAVARI TORO CAPITAL I A 32.42 31 Dec 12
MARLIN FUND LP 31.53 31 Dec 12
SR GLOBAL FUND H - JAPAN (Real Perf) 31.05 31 Dec 12
ODEY EUROPEAN, INC (EUR) 30.69 31 Dec 12
RBR EUROPEAN LONG SHORT LTD (Ex Rhine Alpha Stars) 29.45 31 Dec 12
PALOMINO FUND LTD CLASS B ORIGINAL SERIES 29.29 31 Dec 12
PINE RIVER LIQUID MORTGAGE FUND LTD 28.86 31 Dec 12
MARCATO INTERNATIONAL LTD 28.67 31 Dec 12
BTG PACTUAL GLOBAL EM. MKTS AND MACRO FD 28.12 31 Dec 12
PERCEPTIVE LIFE SCIENCES OFFSH FUND, LTD 28.09 31 Dec 12
BottomInvestment Funds Return DateCONQUEST MACRO FUND, LTD (COMP) -33.16 31 Dec 12
BLUE SKY JAPAN LTD - CLASS A -28.05 31 Dec 12
RAB SPECIAL SITUATION FD LTD -27.94 31 Dec 12
PAULSON ADVANTAGE PLUS LTD -21.50 31 Dec 12
DUNN WMA UCITS -20.22 31 Dec 12
BEACH HORIZON FUND LTD -19.51 31 Dec 12
ARMAJARO STS COMMODITIES FUND CLASS -Z- -18.15 31 Dec 12
HIGHBRIDGE QUANTITATIVE COMMODITIES FUNDCLASS B
-17.57 31 Dec 12
HIGHBRIDGE QUANTITATIVE COMMODITIES FUNDCLASS A
-17.36 31 Dec 12
ORTUS FUND (CAYMAN) LTD -17.33 31 Dec 12
AJIA-LIGHTHORSE CHINA GROWTH FUND LTD -14.51 31 Dec 12
PAULSON ADVANTAGE LTD -A- -14.23 31 Dec 12
ELM RIDGE CAPITAL PARTNERS L.P. -14.08 31 Dec 12
DISCUS FEEDER LTD CL. B USD STANDARD LEVERAGE -13.88 31 Dec 12
ALTIS MASTER FUND ICC - GLOBAL FUTURESPORTFOLIO IC
-10.92 31 Dec 12
ASPECT DIVERSIFIED FUND - CLASS A -10.66 31 Dec 12
CAMPBELL GLOBAL ASSETS FUND LTD Class D -10.10 31 Dec 12
COMAC GLOBAL MACRO FUND -8.95 31 Dec 12
CLIVE FUND (The ) Class - A - -8.81 31 Dec 12
COELI POWER SURGE FUND LTD -8.67 31 Dec 12
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 9Source - HSBC
TopInvestment Funds Return DateCUMULUS ENERGY FUND CLASS A USD 99.63 31 Dec 11
SEGANTII ASIA-PACIFIC EQUITY MULTI-STRATEGY FUND 40.75 31 Dec 11
FORT GLOBAL DIVERSIFIED 39.95 31 Dec 11
RENAISSANCE INSTITUTIONAL EQUITIES LP (B) 34.12 31 Dec 11
FORT GLOBAL CONTRARIAN 28.70 31 Dec 11
MARSHALL WACE - MW GLOBAL OPPORTUNITIES A USD 27.16 31 Dec 11
ASGARD FIXED INCOME FUND LTD 25.31 31 Dec 11
CANDLEWOOD STRUCTURED CREDIT FUND LTD 25.27 31 Dec 11
BLACKROCK 32 CAPITAL MASTER FUND SPC, LTD (THE)- A/1
24.92 31 Dec 11
CHENAVARI TORO CAPITAL I A 24.71 31 Dec 11
BLACKROCK CAPITAL STRUCTURE INVESTMENTS FUNDLTD
22.94 31 Dec 11
SINFONIETTA FUND 22.92 31 Dec 11
DISCUS FEEDER LTD CL. B USD STANDARD LEVERAGE 21.95 31 Dec 11
PIMCO MULTI-ASSET VOLATILITY FUND LTD 20.36 31 Dec 11
DYMON ASIA MACRO FUND (SERIES A) 20.11 31 Dec 11
BLACKROCK FIXED INCOME GLOBAL ALPHA FUND 19.93 31 Dec 11
PLATINUM PARTNERS VALUE ARBITRAGE INT. FUNDLTD
19.61 31 Dec 11
TUSKER INVESTMENTS FUNDS 19.41 31 Dec 11
CAMPBELL GLOBAL ASSETS FUND LTD Class D 18.36 31 Dec 11
STRATUS FUND LIMITED CLASS B 15.63 31 Dec 11
BottomInvestment Funds Return DatePAULSON ADVANTAGE PLUS LTD -52.64 31 Dec 11
PAULSON ADVANTAGE LTD -A- -35.96 31 Dec 11
MLM MACRO PEAK PARTNERS OFFSH FD, LTD - B -35.04 31 Dec 11
SENVEST PARTNERS, LTD - CLASS A -33.96 31 Dec 11
MERCHANT COMMODITY FUND (THE) - COMPOSITE -30.07 31 Dec 11
ALTIS MASTER FUND ICC - GLOBAL FUTURESPORTFOLIO IC
-29.61 31 Dec 11
PAULSON RECOVERY FUND LTD -27.92 31 Dec 11
JABCAP GLOBAL BALANCED FUND LTD CLASS D/1 NI -27.33 31 Dec 11
JABCAP MULTI STRATEGY FUND LTD CLASS D/1 NI -25.65 31 Dec 11
SR GLOBAL FUND C - INTERNATIONAL (Real Perf) -24.27 31 Dec 11
CASTLEROCK FUND LTD -23.84 31 Dec 11
BLUE SKY JAPAN LTD - CLASS A -23.24 31 Dec 11
CHILTON CHINA OPPORTUNITIES FUND LTD -23.21 31 Dec 11
ARMAJARO EMERGING MARKETS FUND CLASS -A- -22.31 31 Dec 11
PAULSON ENHANCED LTD -21.55 31 Dec 11
TRADELINK INTEGRATED PROGRAM LTD -21.27 31 Dec 11
SR PHOENICIA INC CLASS -A- SERIES 1 -20.97 31 Dec 11
TULIP TREND FUND, LTD - A -20.93 31 Dec 11
LANSDOWNE GLOBAL FINANCIALS FUND LTD. -N-USD -20.82 31 Dec 11
ODEY EUROPEAN, INC (EUR) -20.56 31 Dec 11
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 10Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
ConvertibleYtd Avg. 2013 5.60%
Convertible/AsiaYtd Avg. 2013
4.72%
CQS ASIA FEEDER FUND LTD- CLASS -B-Michael Hintze, Jean-Christophe Blanc
30 Apr 07 Q $99MMay 13
1,273.16 30 Jun13
(1.63%) 2.20% 5.45% -4.26% 10.74% 3.99% 8.12% (24.55%)Oct 07 - Oct 08
PINE RIVER ASIA FUNDNikhil Mankodi
30 Jun 04 Q $276MJul 13
1,664.36 30 Jun13
0.87% 7.24% 8.08% 0.67% 12.99% 5.82% 11.45% (37.86%)Jan 08 - Dec 08
Convertible/GlobalYtd Avg. 2013
7.14%
BASSO INVESTORS LTDHoward Fischer
30 Sep 95 Q $327MJun 13
6,695.63 05 Jul 13 0.03% 5.47% 9.5% 2.61% 17.15% 11.29% 6.04% (25.00%)Dec 07 - Oct 08
CQS CONV & QUANT STRATS FEED FD, LTDCLASS-B-Michael Hintze/ Alex Schoenenberger
29 Feb 00 M $387MMay 13
3,017.02 30 Jun13
(0.33%) 4.23% 8.65% -1.88% 7.98% 8.63% 8.26% (34.47%)Oct 07 - Dec 08
JABCAP GLOBAL CONVERTIBLE FUND - D1UnrestrictedPhilippe Jabre
30 Apr 07 W $288MApr 13
175.98 30 Jun13
(1.91%) 15.83% 5.37% -14.15% 8.45% 9.58% 13.55% (28.61%)May 08 - Nov 08
LAZARD RATHMORE FUND - CLASS A-2Sean Reynolds, Christopher Sferruzzo
31 May 07 Q/M $207MMar 13
198.29 30 Jun13
(1.94%) 3.05% 4.59% -1.65% 16.97% 11.90% 9.00% (16.23%)Aug 08 - Nov 08
Convertible/USAYtd Avg. 2013
3.39%
PINE RIVER CONVERTIBLES FUNDFranklin Parlamis
31 Jul 09 Q $112MJul 13
190.87 30 Jun13
1.55% 15.86% 7.6% 4.98% 22.41% 17.94% 7.24% (3.80%)Apr 10 - Jun 10
WATERSTONE MKT NEUT OS FUND, LTDShawn Bergerson
31 Jul 03 Q $1'504MMay 13
221.86 05 Jul 13 (1.48%) (9.07%) 11.1% 0.73% 6.1% 8.35% 10.34% (17.56%)Aug 08 - Oct 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 11Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
CreditYtd Avg. 2013 4.45%
Credit/EmergingYtd Avg. 2013
(0.91%)
ABSOLUTE INSIGHT EMERGING MARKET DEBT FUNDCLASS B1PColm McDonagh
30 Apr 08 D €563MJun 13
1.42 10 Jul 13 0.12% (1.32%) 11.73% 0.08% 8.01% 7.00% 8.16% (15.32%)May 08 - Oct 08
ASIAN CREDIT HEDGE FUNDEmil NGUY
31 Jan 02 M $385MMar 13
222.74 31 May13
(0.59%) 2.84% 18.68% -1.37% 17.43% 7.32% 9.54% (38.05%)Feb 08 - Mar 09
BLUEBAY EMERGING MARKET FIXED INCOMEOPPORTUNITY FUNDDavid Dowsett, Rodrigo Da Fonseca
30 Nov 11 M $188 MMay 13
104.57 31 May13
(0.80%) (1.65%) 6.99% -0.62% 3.02% 3.93% (3.27%)Dec 12 - Mar 13
DOUBLE HAVEN CREDIT OPPORTUNITIES 04/04Darryl Flint
31 Mar 04 Y / Q $41MJan 13
1,076.51 09 Jul 13 0.02% (5.47%) -7.06% -4.16% -8.53% 0.80% 5.95% (31.66%)Aug 08 - Jun 13
FINISTERRE SOVEREIGN DEBT FUNDPaul Crean and Xavier Corin-Mick
31 Mar 03 Q $788MMay 13
253.66 30 Jun13
(0.73%) 1.07% 4.3% 10.35% 12.04% 9.50% 7.29% (21.00%)Jun 08 - Oct 08
Credit/EuropeYtd Avg. 2013
1.58%
ABSOLUTE INSIGHT CREDIT FUND B1P2 EUROAlex Veroude
30 Sep 11 W €493MJun 13
1.17 10 Jul 13 (1.47%) 1.02% 12.65% 2.59% 9.10% 5.71% (1.77%)Oct 11 - Dec 11
EIFFEL CREDIT OPPORTUNITIES FUNDEmmanuel Weyd, Eiffel Investment Group
30 Nov 11 M €86MJul 13
1,263.22 30 Jun13
(1.09%) 2.13% 20.07% 3.01% 15.90% 8.08% (4.47%)Apr 12 - Jun 12
Credit/GlobalYtd Avg. 2013
5.24%
ACUITY CORPORATE OPPORTUNITY FUND LTDHoward Needle, David Harris, John Harnish, Salma Gaya
31 Dec 09 M $50MJun 13
142.26 30 Jun13
(1.45%) 1.51% 11.06% 1.36% 24.5% 10.60% 4.21% (3.10%)Jul 11 - Nov 11
AG MORTGAGE VALUE PARTNERS LTDJonathan Lieberman
30 Apr 09 Q $989MMay 13
214.78 30 Jun13
(1.70%) 7.31% 20.08% 7.42% 24.06% 20.12% 4.52% (1.70%)May 13 - Jun 13
ARISTEIA INTERNATIONAL LTDAnthony M. Frascella, William R. Techar
01 Aug 97 Q $1'149MMay 13
869.66 30 Jun13
0.13% 9.14% 11.2% 2.36% 10.5% 14.55% 9.18% (30.20%)May 08 - Dec 08
ASGARD FIXED INCOME FUND LTDMorten Mathiesen
30 Jun 03 M € 259 MApr 13
390.30 31 May13
1.46% 7.77% 34.12% 25.31% 20.65% 14.70% 6.93% (10.40%)Aug 08 - Oct 08
BLUEBAY CREDIT ALPHA LONG SHORT FUNDGeraud Charpin
31 Oct 11 M €93MMay 13
119.54 30 Jun13
(1.14%) 2.88% 26.2% 0.3% 17.18% 5.48% (1.60%)Jan 13 - Mar 13
BLUECREST MULTI STRATEGY CREDIT FUNDMike Platt
31 Oct 07 Q $1'647MDec 12
155.57 30 Jun13
(0.86%) 5.26% 7.23% -1.31% 1.56% 8.11% 6.26% (7.59%)Apr 11 - Jan 12
BLUEMOUNTAIN CREDIT ALTERNATIVES FUNDBlueMountain Capital Management
31 Oct 03 Q $6'700MMay 13
249.31 05 Jul 13 0.37% 4.81% 14.51% 3.57% 12.19% 9.89% 6.37% (11.82%)Aug 08 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 12Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Credit/GlobalYtd Avg. 2013
5.24%
BLUEMOUNTAIN LONG SHORT CREDIT FUND LTDBlueMountain Capital Management
31 Jan 10 M $1'200MMay 13
1,128.71 05 Jul 13 0.17% 4.67% 7.84% 3.65% 9.76% 7.57% 3.72% (3.43%)Apr 11 - Sep 11
BREVAN HOWARD CREDIT CATALYSTS FUND LTDCLASS A USDDW Investment Management ,LP
31 Jul 09 M $3'998MMay 13
163.48 30 Jun13
(0.45%) 5.78% 15.34% 1.22% 13.46% 13.37% 4.60% (5.05%)May 11 - Dec 11
BREVAN HOWARD CREDIT VALUE FUND LTDDW Investment Management ,LP
29 Feb 12 HY $293MMar 13
133.03 31 May13
1.29% 11.78% 19.01% 25.59% 5.75% (1.67%)Apr 12 - May 12
CANDLEWOOD STRUCTURED CREDIT FUND LTDGreg Richter and Brian Herr
31 Dec 10 M $859MMay 13
160.63 30 Jun13
(1.90%) 6.75% 20.12% 25.27% - 20.89% 4.09% (1.90%)May 13 - Jun 13
CANDLEWOOD STRUCTURED CREDIT HARVEST FDLTD -Greg Richter and Brian Herr
31 Jul 12 Q $319MMay 13
119.18 30 Jun13
(2.60%) 7.65% 10.71% 21.14% 5.60% (2.60%)May 13 - Jun 13
CHENAVARI CORPORATE CREDIT STRATEGY M1Chenavari Investment Managers
30 Sep 08 M $245MMar 13
134.35 31 May13
0.40% 5.69% 17.22% 1.29% 12.41% 14.27% 5.84% (6.82%)Apr 11 - Aug 11
CQS ABS FEEDER FUND - CLASS -B1-Simon Finch
30 Sep 06 Q $1'699MMay 13
4,842.87 30 Jun13
(1.37%) 5.26% 16.85% 0.67% 19.2% 26.31% 12.13% (3.86%)Apr 07 - Jun 07
CQS CREDIT LONG SHORT FEEDER FUND LTD - B1EURSimon Finch
30 Apr 09 M $255MJun 13
1,103.99 30 Jun13
1.00% (1.66%) -5.28% 7.74% 8.75% 2.60% 3.95% (8.42%)Sep 11 - May 13
FEINGOLD OKEEFFE CAPITAL I OFFSHORE, LTDAndrea S. Feingold & R. Ian O’Keeffe
31 Jul 02 Q $40MApr 13
242.11 30 Jun13
(0.65%) 5.24% 7.14% -9.97% 20.28% 8.43% 8.04% (29.78%)Jun 07 - Dec 08
FORE MULTI STRATEGY FUND LTDMatthew Li
31 Mar 04 Q $1'747MMay 13
286.16 30 Jun13
(0.16%) (1.82%) 0.9% 7.84% 13.26% 12.03% 11.15% (27.01%)Feb 08 - Sep 08
GREEN T G2 FUNDDarryl Green, Geoffrey Sherry
28 Feb 99 Q $685MMay 13
192.26 05 Jul 13 0.30% 0.34% 2.8% 0.8% 5.88% 6.69% 3.61% (4.26%)Dec 03 - Jul 04
III SELECT CREDIT FUND LTD CLASS -A-Lester Coyle
31 Dec 07 Q $234MMay 13
1,800.07 05 Jul 13 (0.05%) 4.44% 11.95% 7.41% 18.47% 11.44% 7.08% (8.44%)Aug 08 - Nov 08
JPS CREDIT OPPORTUNITIES FUND (CAYMAN) LTDJP Morgan Asset Management
30 Sep 11 Q $549MMay 13
114.32 04 Jul 13 0.08% 2.91% 10.86% 0.2% 7.89% 2.12% (0.50%)Oct 11 - Nov 11
KINGDON CREDIT LTD A1/1Michael Pohly
30 Sep 09 Q $265MJun 13
1,437.10 30 Jun13
(1.32%) 4.94% 8.3% 1.64% 16.36% 10.35% 5.45% (6.34%)May 11 - Sep 11
LOOMIS SAYLES CREDIT LONG SHORT FUNDKevin Kearns and Tom Stolberg
31 Aug 07 Q $522MMar 13
168.91 30 Jun13
(1.37%) 0.66% 12.48% -0.76% 12.15% 9.40% 7.02% (9.90%)Jun 08 - Sep 08
LUCIDUS CAPITAL G4 FUNDDarryl Green, Geoffrey Sherry
28 Feb 11 Q $435MMay 13
106.77 05 Jul 13 0.68% 0.41% 5.23% 1.04% 2.82% 2.98% (1.97%)Feb 11 - Jun 11
PALOMINO FUND LTD CLASS B ORIGINAL SERIESDavid Tepper
31 Dec 94 Y $6'145MMay 13
7,927.12 31 May13
5.80% 21.22% 29.29% -3.53% 27.86% 26.78% 20.34% (49.05%)Feb 98 - Sep 98
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 13Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Credit/GlobalYtd Avg. 2013
5.24%
PIMCO GLOBAL CREDIT OPPORTUNITY FUNDSERIES 1Dan Ivascyn / Jon Horne
30 Jun 06 Q $1'536MMay 13
177.16 31 May13
1.05% 11.66% 15.18% 6.24% 9.17% 8.61% 5.22% (12.86%)Jun 07 - Nov 08
SABA CAPITAL OFFSHORE FUND LTDBoaz Weinstein
31 Jul 09 Q $3'412MMay 13
129.15 05 Jul 13 (0.84%) 2.69% -3.87% 9.33% 10.85% 6.72% 5.01% (7.32%)Jun 12 - Apr 13
SPF CREDIT SUISSE SECURITIZED PRODUCTSMASTER FUND LTDAlbert Sohn
31 Dec 11 Q $1'268MMay 13
127.63 31 May13
1.45% 9.59% 16.46% - 18.79% 3.75% (0.01%)May 12 - Jun 12
TRICADIA CREDIT STRATEGIES, LTDArif Inayatullah & Michael Barnes
31 Mar 05 Q $1'815MApr 13
331.88 30 Jun13
(0.94%) 6.30% 12.73% -0.81% 10.19% 15.64% 7.72% (10.77%)Jun 08 - Nov 08
VISIUM CREDIT OPPORTUNITIES FUNDChris Plaford
30 Apr 09 Q $211MMay 13
166.37 05 Jul 13 0.21% (1.11%) 5.82% 0.68% 31.67% 12.94% 5.93% (5.89%)Jun 11 - Oct 11
Credit/USAYtd Avg. 2013
5.52%
400 CAPITAL CREDIT OPPORTUNITIESChris Hentemann
31 Jan 09 Q $589MMay 13
243.33 31 May13
1.31% 10.92% 34.21% 3.07% 21.17% 22.79% 6.38% (2.91%)May 11 - Oct 11
BRIGADE LEVERAGED CAPITAL STRUCTURES FUNDDon Morgan
31 Dec 06 Q $5'209MJul 13
1,522.92 05 Jul 13 (0.02%) 1.63% 6.74% 2.45% 7.52% 6.67% 6.78% (19.42%)Jun 08 - Dec 08
MIDOCEAN ABSOLUTE RETURN CREDIT FUNDMidOcean Credit Fund Management LP
31 Jan 10 M $252MMar 13
133.50 30 Jun13
(1.36%) 1.71% 10.8% 9.99% 7.71% 8.83% 3.82% (3.26%)Jul 11 - Sep 11
MIDOCEAN CREDIT OPPORTUNITY FUND CLASS BMidOcean Credit Fund Management LP
31 Mar 09 Q $570MMay 13
207.04 31 May13
1.12% 5.26% 10.78% 7.46% 16.64% 19.07% 7.07% (2.69%)Jul 11 - Aug 11
MKP CREDIT OFFSHORE FUNDPatrick McMahon and Anthony Lembke
28 Feb 99 Q $1'612MMay 13
490.70 05 Jul 13 (0.24%) 4.85% 19.59% -5.11% 15.33% 11.71% 5.59% (8.94%)Feb 11 - Oct 11
OCP DEBT OPPORTUNITY INTERNATIONAL LTDOnex Credit Partners
30 Jun 01 Q $309MMay 13
267.37 30 Jun13
0.44% 6.17% 9.21% -1.39% 10.32% 8.53% 6.57% (24.14%)Jun 07 - Dec 08
ONE WILLIAM STREET CAPITAL FUNDOWS Capital Management
31 Mar 08 Y / Q $2'203MJun 13
1,749.40 30 Jun13
(1.90%) 4.58% 18.98% -4.19% 18.8% 11.24% 6.24% (8.43%)Feb 11 - Nov 11
RAVEN ROCK CREDIT OFFSHORE FUND LTDNate Brown, Guy Caplan, Bobby Richardson
31 Aug 09 M $120MMay 13
153.41 30 Jun13
(2.76%) 0.66% 8.46% 6.53% 18.82% 11.81% 5.35% (3.76%)Jul 11 - Sep 11
TILDEN PARK OFFSHORE INVESTMENT FUND LTDJosh Birnbaum
31 Dec 10 Q $1'282MMay 13
177.26 31 May13
2.29% 13.93% 41.34% 10.07% - 26.73% 5.70% (0.90%)Sep 11 - Oct 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 14Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Distressed SecurityYtd Avg. 2013 7.99%
Distressed Security/EuropeYtd Avg. 2013
10.56%
CHENAVARI TORO CAPITAL I AChenavari Investment Managers
31 May 09 M $385MMar 13
654.22 28 Jun13
1.08% 15.43% 32.42% 24.71% 90.56% 58.48% 13.17% (5.11%)Jul 11 - Oct 11
KING STREET EUROPE LTD CLASS AO. Francis Biondi, Jr., Brian J. Higgins
30 Jun 07 Q $700MApr 13
160.68 05 Jul 13 0.04% 5.70% 10.9% -4.82% 7.94% 8.20% 6.77% (8.56%)May 11 - Nov 11
Distressed Security/GlobalYtd Avg. 2013
7.78%
CANDLEWOOD SPECIAL SITUATIONS FUND LTDMichael Lau and David Koenig
30 Apr 03 Q $775MMay 13
755.57 05 Jul 13 (0.10%) 8.14% 14.78% 3.88% 11.54% 21.95% 11.53% (28.11%)May 08 - Nov 08
CANYON BALANCED FUND LTD - CLASS AM.R. Julis & J.S. Friedman
31 May 04 Q $2'326MMay 13
3,105.39 30 Jun13
(2.25%) 10.50% 20.52% -4.57% 14.29% 13.28% 10.70% (30.14%)Oct 07 - Nov 08
CANYON VALUE REALIZATION FD, LTD - CLASS AM.R. Julis & J.S. Friedman
31 Dec 94 Q $5'686MApr 13
7,017.09 30 Jun13
(1.78%) 8.21% 18.05% -4.66% 14.66% 11.10% 8.53% (28.82%)Oct 07 - Nov 08
CERBERUS INTL. LTD CLASS A A/C 191Steve Feinberg
31 May 93 Q $1'031MMay 13
789,946.19 30 Jun13
1.27% 2.50% 12.05% 9.6% 10.32% 10.83% 5.44% (22.26%)May 08 - Feb 09
CONTRARIAN CAPITAL FUND I OFFSHORE LTDJon Bauer
30 Sep 86 Y $2'341MApr 13
2,361.84 30 Jun13
(0.85%) 6.62% 24.31% -1.32% 12.38% 12.54% 9.74% (33.22%)Jun 07 - Feb 09
DAVIDSON KEMPNER DIST. OPP. INT. LTD - CLASS CTRN 1 -Anthony A. Yoseloff, Avi Z. Friedman and Conor Bastable
31 Mar 05 Y $857MApr 13
2,281.87 30 Jun13
(0.74%) 11.36% 13.51% -2.45% 10.16% 10.51% 10.16% (26.27%)Oct 07 - Nov 08
KING STREET CAPITAL, LTDO. Francis Biondi Jr & Brian J. Higgins
31 Dec 96 Q $10'900MMay 13
577.00 05 Jul 13 0.09% 7.25% 12.52% -1.62% 5.41% 11.19% 4.11% (5.21%)May 11 - Nov 11
LC CAPITAL OFFSHORE FUND, LTDSteven G Lampe & Richard F Conway
30 Sep 99 Y / Q $135MMay 13
354.87 31 May13
(2.50%) (4.63%) 9.61% 0.25% 14.51% 9.70% 8.80% (34.48%)Jun 07 - Feb 09
MONARCH DEBT RECOVERY FUND LTDMichael Weinstock, Andrew Herenstein
31 Mar 02 Y $1'285MMar 13
3,544.28 30 Jun13
(1.18%) 8.89% 12.08% -0.45% 25.65% 11.90% 8.23% (33.02%)Oct 07 - Dec 08
MUDRICK DISTRESSED OPPORTUNITY FUND LTDJason Mudrick
30 Jun 09 Q $205MMay 13
159.83 30 Jun13
(0.40%) 6.20% 21.85% -3.72% 11.42% 12.43% 5.99% (8.55%)Mar 11 - Sep 11
OWS CREDIT OPPORTUNITY FUNDOWS Capital Management
31 Dec 10 Y/Q $369MJul 13
1,307.40 30 Jun13
(0.80%) 8.61% 23.41% -2.46% - 11.32% 5.57% (7.86%)Apr 11 - Oct 11
PAULSON CREDIT OPPORTUNITIES LTDJohn Paulson
30 Jun 06 Y $5'388MFeb 13
1,541.60 30 Jun13
(3.82%) 11.23% 8.87% -18.24% 18.78% 47.77% 43.13% (24.80%)Apr 11 - Sep 11
SILVER POINT CAPITAL OFFSHORE LTDEdward Mulé
31 Dec 01 Q $4'536MNov 12
4,184.30 30 Jun13
(0.17%) 10.46% 20.04% 4.52% 19.42% 13.25% 8.61% (35.48%)Jun 07 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 15Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Distressed Security/GlobalYtd Avg. 2013
7.78%
STONE LION FUND LTD CLASS AGreg Hanley and Alan Mintz
31 Oct 08 Q $620MDec 12
2,128.10 30 Jun13
(0.27%) 8.65% 11.31% 0.05% 9.25% 17.57% 8.98% (8.74%)Apr 11 - Sep 11
STRATEGIC VALUE RESTRUCTURING FUNDVictor Khosla
31 Aug 02 Q/Y $1'159MDec 12
318.52 30 Jun13
(0.65%) 10.09% 13.18% -11.03% 13.12% 11.28% 7.81% (24.47%)May 07 - Jan 09
VR GLOBAL OFFSHORE FUND LTDRichard Deitz
30 Apr 99 Q $1'310MApr 13
30,011.34 31 May13
2.23% 10.38% 20.69% 3.58% 58.35% 27.29% 15.29% (48.38%)May 08 - Mar 09
Distressed Security/USAYtd Avg. 2013
7.52%
BEACH POINT TOTAL RETURN OFFSHORE FUND II,LTDCarl Goldsmith, Scott Klein,
30 Jun 96 Q $1'600MMay 13
591.77 30 Jun13
(0.51%) 5.97% 13.86% -0.98% 13% 11.02% 8.28% (24.04%)Oct 07 - Dec 08
BTG PACTUAL DISTRESSED MORTGAGE FUNDBTG Pactual Global Asset Management
28 Feb 10 Q $273MMay 13
186.12 31 May13
2.81% 13.77% 45.95% -4.65% 17.56% 21.03% 9.29% (13.21%)Apr 11 - Dec 11
HALCYON OFF. ASSET-BACKED VALUE FUND LTDJoseph Wolnick ,Joseph Godley and Jim Coppola
30 Nov 05 Q $2'719MMay 13
2,650.53 30 Jun13
(2.56%) 3.51% 16.14% 4.12% 25.33% 13.71% 5.70% (13.32%)Aug 08 - Mar 09
REDWOOD OFFSHORE FUNDJonathan Kolatch
31 Jul 00 Y $2'973MMar 13
644.92 30 Jun13
(1.10%) 6.85% 21.94% -1.98% 23.48% 15.52% 11.04% (36.28%)May 07 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 16Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-CommodityYtd Avg. 2013 4.84%
Equity-Commodity/GlobalYtd Avg. 2013
4.84%
DUNN WMA UCITSWiliam Dunn, Marty Bergin
31 Aug 11 D $347MApr 13
95.58 05 Jul 13 3.65% 25.53% -20.22% -4.56% (2.42%) 24.07% (27.87%)Aug 11 - Oct 12
GEOSPHERE FUND, LTDArvind Sanger and Prashant Kothari
30 Jun 07 Q $37MApr 13
120.10 30 Apr13
(2.23%) (2.06%) 1.52% -2.23% 6.85% 3.19% 7.38% (15.83%)Jun 08 - Oct 08
MARTIN CURRIE ARF - GLOBAL RESOURCESRuairidh Stewart / Duncan Goodwin
30 Sep 03 M $13MApr 13
15.70 08 Jul 13 0.49% (6.36%) -2.96% -11.36% 4.85% 4.72% 9.83% (27.14%)Jun 08 - Jun 13
OCEANIC HEDGE FUND - CLASS ACato Brahde, Andreas Vergottis, Bjorn Rise
31 Jul 02 M $253MFeb 13
3,176.34 30 Jun13
(1.03%) 9.55% -7.73% 5.24% -0.5% 11.16% 8.33% (12.78%)Nov 11 - Jul 12
TUSKER INVESTMENTS FUNDSAnuraag Shah
31 Mar 10 M $97MMar 13
178.83 30 Jun13
15.60% 6.49% 5.29% 19.41% 33.57% 19.57% 19.07% (13.48%)Aug 12 - May 13
VAN ECK HARD ASSETS 2X FUND LTDShawn Reynolds and Charles Cameron
31 Dec 04 M $19MApr 13
182.87 31 May13
(0.06%) (4.13%) 11.04% -13.4% 10.2% 7.43% 10.84% (22.23%)Jun 08 - Nov 08
Equity-DiversifiedYtd Avg. 2013 8.93%
Equity-Diversified/AsiaYtd Avg. 2013
7.29%
AJIA-LIGHTHORSE CHINA GROWTH FUND LTDShawn Kang
31 Dec 05 M $142MApr 13
391.77 31 May13
2.20% 22.60% -14.51% -12.64% 22.79% 20.21% 21.20% (41.06%)Feb 08 - Dec 08
CC ASIA ABSOLUTE RETURN FUNDRichard Cardiff, Angus Coupland
30 Jun 05 M $461MMar 13
245.15 30 Jun13
(2.10%) 10.54% -2.03% 9.08% 21.14% 11.85% 14.96% (27.12%)Dec 07 - Dec 08
CHILTON CHINA OPPORTUNITIES FUND LTDKenneth Chiang
31 Dec 06 Q $21MJan 13
177.18 05 Jul 13 0.58% 0.23% 6.63% -23.21% 0.42% 9.18% 17.31% (26.16%)Oct 10 - Aug 12
EVEREST CAPITAL ASIAMarko Dimitrijevic
31 Dec 05 Q $140MMay 13
189.46 30 Jun13
(5.20%) (1.18%) 0.06% -12.54% 6.72% 8.89% 19.87% (43.59%)Oct 07 - Feb 09
HT ASIAN CATALYST FUND LLCMs. Ophelia Tong
31 Dec 98 M $193MJun 13
19.30 30 Jun13
(2.67%) 1.58% 9.51% -10.29% 4.43% 10.61% 11.61% (23.93%)Mar 00 - Mar 01
JOHO FUND, LTD-A-Robert Karr
31 Oct 96 S $3'852MMar 13
1,643.65 05 Jul 13 0.18% 14.21% 8.83% 0.38% 17.9% 19.86% 15.94% (19.38%)Nov 07 - Nov 08
KIMA PAN ASIA OFFSHORE FUND - CLASS -A-Justin Klintberg, Michael Gallagher ,
30 Jun 09 M $2'897MNov 12
1,272.61 31 May13
1.35% 8.74% -1.58% -5.39% 11.77% 6.34% 8.50% (17.30%)May 11 - Aug 12
NEZU CYCLICALS FUND LTDFuyuki Fujiwara
31 Jul 05 Q $151MMar 13
218.65 05 Jul 13 0.65% 19.79% -6.58% -5.09% 7.53% 10.36% 13.20% (25.06%)Oct 07 - Feb 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 17Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/AsiaYtd Avg. 2013
7.29%
OCTAGON PAN ASIA FUNDPoh Min Lam & Nelson Chia
30 Sep 04 M $134MJun 13
220.66 30 Jun13
(1.79%) 5.72% 11.8% -6.07% -2.68% 9.46% 9.00% (10.69%)Oct 07 - Jan 09
PINPOINT CHINA FUND CLASS A USDQiang Wang
31 May 05 M $549MApr 13
706.21 28 Jun13
(6.49%) 3.99% 8.06% 0.6% 5.87% 27.36% 21.34% (42.16%)Oct 07 - Nov 08
REAL RETURN ASIA FUND LTD (THE)Ezra Sun
30 Sep 04 M $455MMay 13
268.96 05 Jul 13 0.56% 7.65% 9.02% -9.19% 5.75% 11.95% 10.08% (15.09%)Apr 11 - May 12
TELLIGENT GREATER CHINA FUNDChing-Shan Lin
31 Jul 04 M $260MJun 13
329.16 30 Jun13
(4.12%) 10.49% 10.76% -17.35% 12.73% 14.29% 19.10% (46.90%)Oct 07 - Oct 08
WF ASIA FUND LTD S/1Scobie Ward
31 Jan 01 M $348MMay 13
378.65 05 Jul 13 (0.30%) 5.38% 27.68% -7.21% -1.28% 11.30% 13.35% (37.65%)Oct 07 - Nov 08
ZEAL CHINA FUND LIMITEDDaniel POON Chun Pong
31 Dec 09 M $763MMay 13
129.66 05 Jul 13 (1.98%) (7.70%) 12.9% 6.18% 17.18% 7.67% 15.37% (13.00%)Dec 09 - Feb 10
Equity-Diversified/BrazilYtd Avg. 2013
0.74%
3G BRAZIL OFFSHORE FUND LTDJorge Paulo Lemann, Marcel Telles, Carlos Sicupira
31 Dec 09 M $91MMay 13
114.51 31 May13
(0.70%) 1.38% -3.01% 1.36% 14.89% 4.04% 7.55% (11.44%)Jan 12 - May 12
BNY MELLON ARX BRAZIL FUND SPC LONG SHORTBruno Garcia, Frederico Saraiva & Rogerio Poppe
31 Jan 07 M $58MJun 13
1,660.16 05 Jul 13 (0.80%) 0.09% 11.03% 3.58% 11.7% 8.20% 9.05% (23.95%)Jun 08 - Oct 08
Equity-Diversified/EmergingYtd Avg. 2013
2.60%
ADELPHI EMERGING EUROPE. FUND USD SHARESLars Dollmann
31 Mar 07 Q $170MFeb 13
145.27 05 Jul 13 1.30% 10.47% -2.13% -15.92% 17.01% 6.14% 13.34% (28.62%)May 08 - Jan 09
ARMAJARO EMERGING MARKETS FUND CLASS -A-Michel Danechi
31 Jul 09 M $45MMay 13
117.49 05 Jul 13 0.09% (5.72%) 17.35% -22.31% 18.17% 4.18% 14.60% (28.30%)Apr 11 - Dec 11
EVEREST CAPITAL FRONTIER MARKETSMarko Dimitrijevic
31 Jul 08 Q $250MMay 13
150.73 30 Jun13
(2.40%) 15.26% 17.3% -18.38% 30.64% 8.70% 15.24% (25.56%)Jul 08 - Feb 09
FIREBIRD NEW RUSSIA FUND, LTD - CLASS AHarvey Sawikin & Ian Hague
30 Jun 96 Q $163MMay 13
2,146.37 30 Jun13
(4.09%) (9.36%) 11.42% -14.62% 40.35% 19.75% 40.05% (81.79%)Mar 98 - Sep 98
FIREBIRD REPUBLICS FUND, LTDHarvey Sawikin & Ian Hague
30 Apr 97 Q $179MMay 13
963.33 30 Jun13
(2.67%) 3.77% 13.26% -19.42% 29.51% 15.03% 30.88% (73.20%)Sep 97 - Jan 99
GROWTH MANAGEMENT LTDStephan Pinter
31 May 98 M $162MJan 13
348.69 31 May13
0.32% 0.94% -6.37% -6.15% 1.08% 8.68% 7.21% (33.23%)Jun 08 - Jul 12
JABCAP EMEA FUND CLASS X1Jabre Capital Partners
30 Sep 08 M $267MMay 13
213.18 30 Jun13
(1.19%) 3.69% 6.94% -3.2% 13.59% 17.27% 10.92% (10.02%)Apr 11 - May 12
KALTCHUGA FUND - RUSSIA EQ. SUB-FUND -$-J-L. Tauvy
15 Nov 00 BM $59MJun 13
7,502.45 09 Jul 13 (0.28%) (5.84%) 12.91% -20.88% 27.69% 17.26% 34.46% (81.80%)Dec 07 - Jan 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 18Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/EmergingYtd Avg. 2013
2.60%
OCCO EASTERN EUROPEAN FUND A SHARESPawel Szulc & Andrew Wiles
31 Dec 01 Y / Q $595MMay 13
371.11 05 Jul 13 (0.02%) 4.64% 7.73% 5.42% 11.17% 12.06% 7.61% (20.86%)Jun 08 - Oct 08
POLLUX BRAZILIAN EQUITIES FUNDRodrigo Fonseca
31 Oct 07 M $46MJun 13
155.32 05 Jul 13 (0.35%) 0.44% 13.12% 0.39% -2.62% 8.06% 8.14% (9.59%)May 08 - Oct 08
SAGIL LATIN AMERICAN OPPORTUNITIES FUNDCLASS AAdrian Landgrebe and Brad Jones
30 Jun 09 M $50MMay 13
126.96 30 Jun13
(2.40%) 0.98% 14.46% -9.01% 4.96% 6.14% 8.66% (12.35%)Oct 10 - Sep 11
SKYLINE UCITS FUND INSTITUTIONAL SHARE CLASSGeoff Bamber, David Tovar,
31 Jul 11 D $119MMay 13
129.55 05 Jul 13 (1.51%) 0.02% 25% 3.62% 14.34% 9.99% (7.10%)Apr 12 - May 12
SR GLOBAL FUND INC - G - GLOBAL OPPORTUNITIESPTF (Real Perf)Richard Chenevix-Trench
29 Feb 96 M $440MMay 13
1,252.13 28 Jun13
(3.60%) 10.32% -0.88% -17.2% 2.67% 19.37% 18.24% (37.25%)Oct 07 - Feb 09
SR PHOENICIA INC CLASS -A- SERIES 1Richard Atherton
31 Jul 01 M $135MMay 13
428.24 30 Jun13
(4.52%) 6.77% 8.13% -20.97% -1.87% 12.97% 18.60% (56.02%)Oct 07 - Feb 09
Equity-Diversified/EuropeYtd Avg. 2013
8.26%
ADELPHI EUR. FUND $ (A)Roderick Jack, Marcel Jongen
30 Sep 97 Q $1'139MFeb 13
425.19 05 Jul 13 1.32% 5.45% 14.08% -4.91% 9.15% 9.61% 11.74% (26.28%)May 07 - Feb 09
ADRIGO HEDGEGöran Tornée
30 Nov 06 M $ 100 MMay 13
148.34 30 Jun13
(0.93%) 4.68% 5.91% -0.17% 7.42% 6.17% 5.50% (9.13%)May 07 - Oct 08
ANTARES EUROPEAN FUND, LTD - USDPeter Miles Testa, Luca Orsini Baroni
08 Dec 98 M $500MDec 11
485.22 05 Jul 13 2.15% 13.85% 1.7% -10.75% 28.25% 11.44% 15.39% (32.68%)Jun 07 - Dec 08
AQUILUS INFLECTION FUND LTD EUR SHSRichard Vogel
31 Jul 07 M €240MMar 13
121.61 30 Jun13
(0.43%) 9.66% 18.73% -14.14% 22.2% 3.36% 9.32% (22.46%)Oct 07 - Oct 08
CAPEVIEW AZRI 2X FUNDMichael Sakkas and Sushil Shah
30 Sep 10 M $138MMay 13
142.39 05 Jul 13 1.51% 13.82% 12.65% 4.31% 6.47% 13.64% 5.66% (2.74%)Jan 11 - Jul 11
CAPEVIEW AZRI FUNDMichael Sakkas and Sushil Shah
31 Oct 07 M $176MMay 13
163.35 05 Jul 13 0.81% 6.74% 5.82% 1.29% 12.75% 9.02% 3.53% (1.94%)Jan 11 - Jul 11
CAZENOVE EURO EQ ABS RETURN FUND LIMITEDCLASS BSteve Cordell
30 Nov 03 M €60MMay 13
1,731.11 31 May13
2.89% 4.33% 16.68% -0.65% -12.06% 5.94% 5.85% (17.67%)Oct 08 - Aug 11
EGERTON EUROPEAN EQUITY EUR - CLASS BJohn C. Armitage
31 Aug 94 M $896MApr 13
69.79 05 Jul 13 1.84% 16.61% 13.63% -4.94% 13.47% 14.87% 9.91% (28.26%)Oct 07 - Jan 09
GLG EUROPEAN LONG SHORT FUND CL-D- InstPierre Lagrange, Simon Savage, Darren Hodges
30 Sep 00 M $659MMar 13
327.63 05 Jul 13 0.68% 5.37% 5.75% 7% 8.25% 9.74% 8.17% (17.94%)Oct 07 - Oct 08
HABROK LTDLeif Christian Kvaal
31 Mar 04 Q $ 569 MMay 13
272.52 30 Jun13
(4.52%) 7.72% 6.85% -9.66% 11.59% 11.44% 15.24% (38.55%)May 08 - Jan 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 19Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/EuropeYtd Avg. 2013
8.26%
HSBC ALPHA FUND LTD - HSBC EUROPEANLEVERED ALPHA FUND EURJakob Nordestedt, Michael O’Mara
30 Nov 07 M $245MMar 13
167.39 05 Jul 13 1.12% 12.87% -4.33% 5.58% 22.25% 9.64% 5.97% (6.96%)Feb 12 - Jul 12
HSBC EUROPEAN ALPHA FUND -EURJakob Nordestedt, & Michael O'Mara
31 Dec 02 M $281MMar 13
174.56 05 Jul 13 0.43% 4.57% -2.69% 1.39% 7.63% 5.44% 2.59% (3.27%)Feb 12 - Jul 12
JPMORGAN PORT. STRAT. FUNDS-EUROPEDYNAMIC L/S FUND-A10-03Jonathan Ingram, John Baker, Anis Lahlou-Abid
30 Sep 03 M $466MJun 13
403.84 05 Jul 13 1.69% 10.38% -4.72% 10.2% 28.88% 15.36% 8.49% (16.39%)Jun 08 - Nov 09
LANSDOWNE EURO EQTY FD, LTD - A (EUR)Alex Snow & S. Heinz
31 Aug 98 M $344MApr 13
186.57 05 Jul 13 2.04% 5.50% 4.56% -12.68% 5.4% 9.10% 11.66% (21.60%)May 08 - Feb 09
MARSHALL WACE - MW CORE A USDErnesto Fragomeni
31 Oct 06 M $1'331MJun 13
140.02 09 Jul 13 0.18% 6.03% 8.72% 5.65% 2.79% 5.16% 9.20% (26.47%)Jun 07 - Sep 08
MARSHALL WACE - MW EUROPEAN TOPS A EURAnthony Clake
31 Dec 04 M $823MJan 13
189.89 09 Jul 13 1.06% 8.29% 11.31% 4.29% -0.13% 7.81% 7.88% (21.75%)Oct 07 - Feb 09
MARTIN CURRIE EUROPEAN HEDGE FUND CLASS-B-Michael Browne & Steve Frost
31 Dec 00 M $220MApr 13
286.50 08 Jul 13 2.68% 13.89% 13.51% -8.53% 3.31% 7.45% 7.39% (11.03%)Jun 08 - Feb 09
MBAM ACTIVE LONG SHORTHilton Nathanson
31 Jul 10 M $569MJun 13
116.66 30 Jun13
(0.47%) 3.63% 3.61% 0.08% 8.56% 5.42% 3.46% (2.19%)May 12 - Jul 12
NORDIC ALPHA CLASS B - NOKThomas Raaschou, Christian T. Nygaard
31 Aug 03 M NOK752MMay 13
200.49 28 Jun13
(1.99%) 11.94% 12.14% -14.91% 13.7% 7.34% 11.42% (32.36%)Dec 07 - Feb 09
ODEY EUROPEAN, INC (EUR)Crispin Odey
31 May 92 W €1'782MMay 13
825.31 30 Jun13
(7.09%) 14.01% 30.69% -20.56% -0.06% 14.09% 16.18% (50.64%)Jan 94 - Jul 95
PELHAM LONG/SHORT FUND LTD CLASS A EURRoss Turner
31 Oct 07 M $2'500MApr 13
165.67 31 May13
5.24% 17.36% 16.89% -10.68% 13.54% 9.46% 10.95% (12.25%)May 08 - Dec 08
PENSATO EUROPA FUND LTD EURO CLASSGraham Clapp & Edward Rumble
31 May 08 M €183MMay 13
134.45 28 Jun13
(1.04%) 3.23% 11.22% -0.28% 1.99% 6.00% 5.92% (5.40%)Jun 08 - Sep 08
POLAR CAPITAL EUROP CONVICTION FUND LIMITEDRobert Gurner
31 Mar 06 M €126MMay 13
151.22 05 Jul 13 (1.38%) (3.69%) 8.07% 6.45% -0.18% 5.85% 8.74% (5.84%)May 11 - Aug 11
RBR EUROPEAN LONG SHORT LTD (Ex Rhine AlphaStars)Rudolf Bohli
30 Apr 05 M $90MMay 13
2,395.80 05 Jul 13 0.39% 6.99% 29.45% -11.71% 24.3% 11.27% 19.44% (55.01%)Jun 07 - Nov 08
RWC SAMSARA FUND CLASS A EUROAjay Gambhir
17 Sep 07 M $94MMay 13
132.16 05 Jul 13 1.27% 10.34% 2.97% -0.85% 11.28% 4.92% 8.11% (11.60%)Jun 11 - May 12
SIERRA EUROPE OFFSHORE, LTD - CLASS C USDCharles Michaels
28 Feb 97 M $281MMay 13
516.88 05 Jul 13 0.42% 3.84% 11.82% 4.88% -3.08% 10.56% 9.05% (16.98%)Mar 00 - Jan 03
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 20Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/EuropeYtd Avg. 2013
8.26%
SUSA EUROPEAN EQUITIES FUND CLASS A EUR NIReza Amiri
28 Feb 09 M $87MApr 13
166.17 30 Jun13
(0.33%) 11.57% 15.22% -10.33% 14.74% 12.42% 11.81% (16.04%)May 11 - Sep 11
THEOREMA EUROPE FUND PLUS LTD B/1 USDG. Govi
31 Aug 04 M $20MJan 13
266.20 05 Jul 13 0.33% 7.93% 5.6% -0.29% 2.48% 11.70% 12.15% (15.14%)Sep 11 - Jul 12
TT MID-CAP EUROPE LONG/SHORT FUND LTD - CL BDavid Grimbley
30 Apr 05 M $491MMay 13
270.21 30 Jun13
3.40% 11.64% 6.9% -1.72% 11.5% 12.93% 8.91% (7.41%)Apr 06 - Sep 06
ZADIG FUND CLASS A1Laurent Saglio
30 Nov 05 M €369MFeb 13
208.50 05 Jul 13 0.87% (0.64%) 11.02% 3.56% 1.78% 10.15% 11.44% (19.14%)Aug 08 - Oct 08
Equity-Diversified/GlobalYtd Avg. 2013
8.73%
ANAVON MASTER FUND LTD CLASS -B-Avi Fruchter and Avraham Mevorah
31 Dec 10 M $71MJun 13
120.34 30 Jun13
(0.60%) 1.58% 12.62% 5.19% - 7.69% 7.57% (8.57%)Jul 11 - Sep 11
BEACONLIGHT OFFSHORE FUND LTDEd Bosek
31 Dec 09 Q $56MMay 13
120.75 30 Jun13
0.53% 9.64% 6.8% -5.78% 9.44% 5.54% 9.41% (15.02%)Mar 11 - Sep 11
BROOKFIELD GLOBAL LISTED INFRASTRUCTURESEC. OFFSHORE FUNDBrookfield Investment Management Inc.
30 Apr 08 M $130MFeb 13
188.91 30 Jun13
(0.12%) 2.69% 16.99% 5.17% 17.13% 13.09% 14.27% (22.19%)Apr 08 - Nov 08
DUET GLOBAL FUND PLUSJason McNab
31 Jul 10 M $570MFeb 13
130.62 31 May13
0.19% 2.56% 11.05% 8.05% 6.14% 9.88% 3.40% (0.87%)Jun 11 - Aug 11
EGERTON EUROPEAN DOLLAR CLASS -A-John C. Armitage
30 Nov 94 M $1'822MApr 13
138.82 05 Jul 13 1.60% 14.47% 13.94% -4.93% 15.57% 15.18% 10.08% (29.18%)Oct 07 - Jan 09
EXANE TEMPLIERS FUNDJean-Francois Roussel, Stéphane Arrouays, Henri-DanielSamama, Exane Asset Management
28 Feb 06 W €277MJun 13
17,288.86 09 Jul 13 (0.66%) (0.19%) 0.77% 0.49% 2.31% 5.56% 3.17% (2.89%)Apr 11 - May 12
GLADE BROOK GLOBAL OFFSHORE FUND LTDCLASS-A- NR-Paul Hudson
30 Sep 11 Q $288MJun 13
1,089.97 05 Jul 13 1.30% 3.36% 13.1% -6.77% 5.00% 6.12% (6.77%)Sep 11 - Dec 11
HORSEMAN GLOBAL FUND USDRussell Clark
31 Jan 01 M $121MMay 13
518.31 10 Jul 13 0.63% 17.53% 16.28% -2.98% 5.44% 14.13% 16.35% (33.75%)Feb 09 - Jun 10
KINSALE COMPASS FUNDPeter A Kinney
31 Oct 11 M €125MJun 13
128.58 30 Jun13
0.41% 8.19% 16.75% 1.79% 16.28% 4.35% (2.10%)Apr 12 - May 12
LANSDOWNE DEVELOPED MARKET FUND, LTD (£)Alex Snow & S. Heinz
31 Jul 01 M $6'546MApr 13
539.04 05 Jul 13 1.08% 18.75% 17.87% -20.07% 8.78% 15.16% 10.80% (20.07%)Dec 10 - Dec 11
M. KINGDON OFFSHORE NV - A/1Mark Kingdon
28 Feb 86 Q $1'286MMay 13
138.28 05 Jul 13 1.66% 12.32% 11.78% -18.03% 8.5% 15.02% 12.81% (30.15%)Sep 87 - Oct 87
MARSHALL WACE - MW EUREKA A1 EURPaul Marshall
07 Jan 98 M $3'614MMay 13
371.44 09 Jul 13 1.63% 15.09% 7.45% 9.74% 7.91% 13.64% 9.25% (23.24%)Oct 07 - Oct 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 21Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/GlobalYtd Avg. 2013
8.73%
MARSHALL WACE - MW GLOBAL OPPORTUNITIES AUSDFehim Sever
28 Feb 09 M $1'159 MMay 13
222.42 09 Jul 13 0.83% 12.92% 6.83% 27.16% 8.04% 20.11% 10.06% (4.94%)Nov 11 - Jan 12
MAVERICK FUND, LTD - CLASS A/1Lee Ainslie III
28 Feb 95 M $2'670MMar 13
1,201.93 05 Jul 13 1.70% 4.20% 15.46% -14.85% 11.38% 11.97% 11.59% (30.04%)May 08 - Nov 08
MS ASCEND UCITS FUND CLASS I EURMalcolm Fairbairn
30 Apr 11 W $109MJun 13
963.55 08 Jul 13 (0.01%) 3.82% -0.14% -7.06% (1.68%) 3.98% (7.23%)May 11 - Dec 12
NEVSKY FUND PLC (COMPOSITE)Martin Taylor and Nick Barnes
30 Sep 00 M $999MApr 13
1,138.34 05 Jul 13 (1.32%) 1.52% 14.61% 0.62% 10.27% 20.98% 14.32% (22.14%)Oct 07 - Feb 09
PASSPORT GLOBAL STRATEGY FUNDJohn Burbank
31 Jul 00 Q $1'300MJun 13
908.05 30 Jun13
1.90% 10.98% 11.08% -18.74% 18.26% 18.61% 27.07% (52.74%)Jun 08 - Dec 08
PASSPORT LONG SHORT STRATEGY FUNDJohn Burbank, Tim Garry
30 Jun 10 M $541MMay 13
133.12 30 Jun13
2.60% 12.91% 12.13% -7.19% 13.28% 9.99% 8.99% (10.06%)Apr 11 - Dec 11
PLATINUM FUND LTDKerr Neilson
31 May 94 M $479MMar 13
80.16 05 Jul 13 0.11% 7.90% 17.44% -13.51% 5.19% 11.51% 12.35% (30.48%)Oct 07 - Feb 09
SR GLOBAL FUND C - INTERNATIONAL (Real Perf)Hugh Sloane
31 Dec 93 M $450MOct 12
533.98 30 Jun13
(2.00%) 18.74% 1.03% -24.27% -11.82% 12.34% 21.33% (50.10%)Apr 08 - Aug 12
STANDARD PACIFIC CAPITAL -B-Doug Dillard and Raj Venkatesan
30 Sep 95 Q $821MMay 13
462.41 30 Jun13
(1.28%) 9.15% -4.66% -5.24% 8.56% 9.00% 8.14% (15.87%)Jul 11 - Nov 12
STK CAPITAL GLOBAL EQUITIESDaniel Grozdea
30 Nov 10 M $101MJun 13
116.89 30 Jun13
(2.27%) 3.83% 9.35% -1.64% 4.67% 6.22% 7.82% (8.80%)Apr 11 - Sep 11
Equity-Diversified/JapanYtd Avg. 2013
21.71%
ALPHAGEN HOKUTO FUND LTD - CLASS AJohn Stewart & Robert Tull
31 Oct 00 M $266MMay 13
206.08 05 Jul 13 0.74% 5.90% -1.01% 0.13% 7.8% 5.87% 4.34% (4.80%)May 11 - Aug 12
ARCUS JAPAN FUND -JPY-Robert Macrae
31 Mar 99 D $2'130MOct 12
39,030.00 10 Jul 13 1.76% 22.81% 19.15% -4.68% 14.32% 10.00% 15.59% (45.94%)Feb 07 - Feb 09
BLUE SKY JAPAN LTD - CLASS AMichael Hill
30 Jun 00 M $22MApr 13
172.40 31 May13
(9.69%) 28.94% -28.05% -23.24% 4.68% 3.35% 24.02% (72.33%)Dec 05 - Dec 12
HENDERSON JAPAN ABS RETURN FD, LTDWilliam Garnett and Jeremy Hall
30 Jun 00 M $292MMay 13
238.99 28 Jun13
(1.38%) 12.07% -0.58% -8.58% 9.24% 6.93% 10.13% (19.05%)Feb 11 - Aug 12
MARATHON VERTEX JAPAN FD, LTD CLASS BWilliam Arah
31 May 03 Q $449MMar 13
2,321.36 30 Jun13
0.66% 15.49% 4.89% 0.59% -0.21% 8.70% 8.41% (11.76%)Jun 09 - Oct 10
MARTIN CURRIE ARF - JAPAN FUNDJohn-Paul Temperley
30 Jun 00 M $151MApr 13
21.85 08 Jul 13 1.63% 23.27% 4.23% -8.4% 6.63% 6.18% 8.25% (15.76%)Apr 10 - May 12
SR GLOBAL FUND H - JAPAN (Real Perf)Hugh Sloane, Alex Kydd
30 Sep 03 M $12MOct 12
160.21 30 Jun13
(0.30%) 43.47% 31.05% -8.33% -4.22% 5.29% 20.99% (35.57%)Mar 08 - Jul 10
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 22Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/UKYtd Avg. 2013
14.40%
ALPHAGEN OCTANIS CLASS ABen Wallace & Luke Newman
28 Feb 05 M $209MMay 13
221.72 05 Jul 13 0.95% 9.08% 3.87% -0.47% 3.63% 10.00% 6.31% (10.72%)May 07 - Mar 08
BLACKROCK UK EQUITY HEDGE FUNDNigel Ridge & Imran Sattar
30 Apr 05 M $423MJun 13
190.33 05 Jul 13 0.00% 2.58% 4.27% 2.48% 6.49% 8.18% 5.95% (11.70%)Jun 08 - Oct 08
PEGASUS UCITS FUNDDavid Yarrow, Angus Donaldson
30 Sep 10 M $100MApr 13
131.22 05 Jul 13 2.61% 31.55% -0.65% -3.41% 3.95% 10.33% 11.30% (10.49%)Jun 11 - Sep 11
Equity-Diversified/USAYtd Avg. 2013
10.85%
AJR INTERNATIONAL (BVI), INC. - A/1Alexander J. Roepers
31 Jan 93 M $521MDec 12
1,107.32 05 Jul 13 1.40% 10.39% 3.85% -6% 23.19% 12.48% 19.38% (44.44%)May 08 - Dec 08
ALLIANCE BERNSTEIN SELECT US EQUITY LONGSHORTKurt Feuerman
30 Nov 99 Y / Q $117MJun 13
4,179.89 09 Jul 13 1.91% 9.25% 6.17% 0.81% 8.13% 11.08% 7.24% (9.98%)May 08 - Feb 09
ALYDAR FUND LTDJohn Murphy
28 Feb 03 Q $361MDec 12
210.60 05 Jul 13 0.90% 10.74% -1.07% -0.68% 3.16% 7.46% 4.62% (6.49%)Jun 11 - May 12
ALYSHEBA FUND LIMITEDJohn A. Murphy, Philip C. Furse
31 Mar 05 Q $410MMay 13
2,652.31 05 Jul 13 2.30% 7.04% 2.83% 2.51% 5.24% 12.52% 12.82% (25.80%)May 08 - Nov 08
ASCEND PARTNERS FUND II LTD - AMalcolm Fairbairn
31 Jan 04 Q $478MMay 13
182.84 05 Jul 13 0.17% 3.73% 3.48% -2.86% 2.94% 6.61% 4.41% (5.23%)Apr 11 - Dec 11
BAY RESOURCES PARTNERS OFFSHORE FUNDThomas Claugus
31 Jul 98 M $2'614MJun 13
8,859.24 30 Jun13
(2.50%) 6.66% 7.16% -9.13% 15.73% 15.74% 16.37% (38.76%)May 08 - Feb 09
CASTLEROCK FUND LTDPaul Tanico
31 Aug 96 Q $108MJan 13
664.03 31 May13
2.40% 3.12% -3.82% -23.84% 11.81% 11.96% 17.04% (37.70%)May 01 - Feb 03
COBALT OFFSHORE LTDWayne Cooperman
31 Dec 96 Q $1'001MFeb 13
745.30 30 Jun13
0.35% 5.79% 4.49% -0.66% 5.96% 12.94% 8.23% (19.53%)Apr 98 - Sep 98
ELM RIDGE CAPITAL PARTNERS L.P.Ronald Gutfleish
31 Dec 99 Q $666MMay 13
506.83 30 Jun13
(0.20%) 16.42% -14.08% 0.7% 1.76% 12.77% 13.24% (19.41%)Apr 10 - Nov 12
EMINENCE FUND LTD A INITIAL SERIESRicky C. Sandler
31 Dec 98 Q $1'725MFeb 13
621.30 05 Jul 13 0.70% 6.40% 23.83% 1.29% -1.83% 13.41% 9.71% (19.99%)Dec 07 - Dec 08
GLENVIEW CAPITAL PARTNERS (CAYMAN), LTD.Lawrence M. Robbins
31 Dec 00 Q $3'113MMay 13
571.70 30 Jun13
0.67% 28.82% 24.24% -10.95% 14.22% 14.96% 16.72% (49.17%)May 07 - Dec 08
HIGHBRIDGE LONG/SHORT EQUITY FUND, LTDAlex McAree
30 Apr 04 Q $336MMay 13
2,076.83 05 Jul 13 0.71% 8.10% 11.02% -12.64% 5.34% 8.28% 10.21% (21.12%)Mar 11 - Sep 11
INVICTA OFFSHORE FUND LTDJames Alpha LLC
31 Dec 09 M $295MMay 13
144.97 31 May13
1.70% 0.10% -3.28% 10.18% 35.9% 11.48% 9.94% (10.11%)Mar 12 - Apr 13
IVORY CAPITAL ENHANCED STRATEGYCurtis Macnguyen
30 Apr 05 Q $846MJun 13
206.26 05 Jul 13 0.72% 12.02% 16.41% -4.37% 4.65% 9.25% 11.03% (24.93%)May 08 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 23Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Diversified/USAYtd Avg. 2013
10.85%
IVORY CAPITAL FLAGSHIP STRATEGYCurtis Macnguyen
30 Nov 98 Q $1'089MJun 13
3,829.11 05 Jul 13 0.45% 7.31% 10.5% -3.54% 2.12% 9.63% 6.06% (12.61%)May 08 - Nov 08
KINETICS FUND, INC - A/APeter B. Doyle
31 Jan 01 M $129MJun 13
2,980.57 05 Jul 13 0.98% 20.34% 27.42% -14.83% 30.8% 9.18% 22.50% (76.20%)Oct 07 - Feb 09
MADISON STREET FUND L.P.Steven C. Owsley & Drew M. Hayworth
31 Jan 04 M $50MOct 12
257.06 30 Jun13
(0.35%) 11.34% 5.79% -3.04% 3.66% 10.54% 6.50% (9.59%)Apr 11 - Sep 11
MARLIN FUND LPMichael Masters
30 Jun 95 M $344MMay 13
8,469.94 31 May13
11.49% 36.77% 31.53% -17.77% 41.63% 28.09% 25.98% (60.15%)Oct 07 - Feb 09
OMEGA OVERSEAS PARTNERS, LTD CLASS ALeon Cooperman
31 Dec 91 M $1'900MMay 13
819.77 30 Jun13
(1.13%) 11.11% 25.66% -2.97% 14.65% 10.27% 14.81% (42.55%)May 07 - Feb 09
RENAISSANCE INSTITUTIONAL EQUITIES LP (B)James Simons
31 Jul 05 M $1'414MMay 13
177.83 05 Jul 13 0.67% 9.13% 8.29% 34.12% 15.32% 7.52% 9.99% (35.73%)May 07 - Apr 09
RWC US ABSOLUTE ALPHA FUND - CLASS BMike Corcell
30 Sep 09 D $98MJan 13
115.67 09 Jul 13 0.68% 4.50% 16.32% -2.25% -4.56% 3.94% 5.20% (9.19%)Apr 10 - Dec 11
SAB OVERSEAS FUND LTDScott Bommer
31 Jul 00 3Q / Q $320MDec 12
413.49 30 Jun13
(1.20%) 4.93% 21.5% -0.71% 6.69% 11.61% 11.28% (17.57%)Mar 10 - Aug 10
SEMINOLE OFFSHORE FUNDMichael G. Messner, Paul C. Shiverick
31 May 98 Q $1'032MMay 13
677.12 05 Jul 13 0.80% 14.16% 5.08% -0.7% 9.85% 13.50% 12.77% (15.62%)May 02 - Mar 03
ZWEIG-DIMENNA INTL LIMITED - CLASS AJoseph DiMenna / Martin Zweig
31 May 87 Q $1'388MMay 13
95,249.08 31 May13
3.16% 12.35% -1.18% -2.37% 0.43% 14.91% 15.20% (50.23%)Feb 00 - Dec 02
Equity-EnergyYtd Avg. 2013 17.71%
Equity-Energy/USAYtd Avg. 2013
17.71%
DORSET ENERGY FUND, LTD - CLASS ADavid M. Knott, Donald Textor
31 Oct 00 M $269MFeb 13
50.45 05 Jul 13 4.10% 17.71% -6.43% -1.27% 16.12% 13.61% 21.36% (49.55%)Jun 08 - Dec 08
Equity-FinancialYtd Avg. 2013 9.51%
Equity-Financial/GlobalYtd Avg. 2013
9.51%
LANSDOWNE GLOBAL FINANCIALS FUND LTD.-N-USDWilliamde Winton
30 Jun 04 M $1'000MApr 13
297.07 05 Jul 13 2.86% 11.50% 17.78% -20.82% -1.55% 12.83% 13.71% (26.25%)Apr 10 - May 12
MARSHALL WACE - MW GLOBAL FINANCIALS M/N AUSDAmit Rajpal
31 Oct 08 M $388MJan 13
124.76 09 Jul 13 0.58% 1.93% -0.75% 3.21% 7.64% 4.83% 5.74% (8.01%)Nov 11 - Aug 12
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 24Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Financial/GlobalYtd Avg. 2013
9.51%
TOSCA CLASS A - USDJohnny de la Hey
30 Sep 00 M $600MApr 13
251.90 30 Jun13
(0.96%) 15.09% 24.94% 1.14% 10.31% 7.51% 17.67% (67.54%)Dec 07 - Nov 08
Equity-HealthcareYtd Avg. 2013 13.09%
Equity-Healthcare/GlobalYtd Avg. 2013
13.09%
CCI HEALTHCARE PARTNERS LTDOliver Marti, CCI Healthcare Partners
31 Dec 00 M $334MApr 13
285.93 30 Jun13
(0.71%) 8.67% 6.56% 3.99% 3.71% 8.76% 8.10% (17.89%)Oct 07 - Sep 08
JENOP GLOBAL HEALTHCARE FUND LTD SERIES ADavid Chan
31 Oct 12 W $141MJun 13
11.46 30 Jun13
0.74% 15.08% -0.45% 22.75% 6.86% (0.55%)Nov 12 - Dec 12
MLIS - CCI HEALTHCARE LONG SHORT UCITS FUND -B (acc) USDOliver Marti, CCI Healthcare Partners
31 Jan 10 W $334MJun 13
125.68 09 Jul 13 4.69% 14.30% 5.51% 2.72% 1.46% 6.87% 7.94% (8.67%)Mar 10 - Aug 10
VISIUM INSTITUTIONAL PARTNERS FUND LTDJacob Gottlieb, Visium Asset Management
31 May 10 Q $109MApr 13
120.45 05 Jul 13 0.11% 14.32% 5.73% 1.28% -1.61% 6.19% 6.12% (5.86%)Apr 11 - Sep 11
Equity-Mid-Small CapYtd Avg. 2013 5.55%
Equity-Mid-Small Cap/EuropeYtd Avg. 2013
4.05%
ENNISMORE EUROPEAN SMALLER COMPANIESGeoff Oldfield
30 Nov 99 M €339MMay 13
333.79 28 Jun13
(1.07%) 6.06% 9.65% 11.36% 23.12% 12.05% 10.91% (34.24%)Jul 07 - Apr 09
POLAR CAPITAL EUROPEAN FORAGER FUND LTD -AXRob Gurner
31 Jul 03 M €402MApr 13
281.98 05 Jul 13 (0.18%) 2.04% 11.93% 2.39% 10.46% 11.00% 7.51% (21.47%)Oct 07 - Feb 09
Equity-Mid-Small Cap/GlobalYtd Avg. 2013
(27.00%)
RAB SPECIAL SITUATION FD LTDPhilip Richards
31 Jul 03 Q $22MMay 13
436.78 30 Jun13
(13.08%) (27.00%) -27.94% -17.75% -7.59% 2.11% 35.75% (88.65%)Jul 07 - Jun 13
Equity-Mid-Small Cap/UKYtd Avg. 2013
1.35%
ALPHAGEN VOLANTIS FUND, LTD - A (USD)Rob Giles & Adam McConkey
30 Apr 02 M $536MMay 13
444.16 05 Jul 13 (0.73%) 1.35% 12.7% 1.02% 12.33% 14.25% 8.57% (11.36%)Jun 08 - Dec 08
Equity-Mid-Small Cap/USAYtd Avg. 2013
15.49%
GREENLIGHT CAPITAL OFFSHORE, LTD - A/1David Einhorn
30 Sep 96 Q $8'203MJan 13
143,180.25 30 Jun13
(1.10%) 6.97% 7.66% 1.86% 12.47% 17.21% 10.97% (27.17%)May 08 - Oct 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 25Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-Mid-Small Cap/USAYtd Avg. 2013
15.49%
GRT TOPAZ OFFSHORE PARTNERS, LTD - A/1Gregory B Fraser & Rudolph K Kluiber & Timothy A.Krochuk
31 Aug 01 Q $29MDec 12
2,322.13 05 Jul 13 (0.27%) 3.74% 13.2% -1.64% 14.64% 7.37% 13.10% (47.07%)May 07 - Feb 09
HARBOUR HOLDINGS LTDCharles A. Paquelet
31 Dec 85 M $238MMay 13
151.48 30 Jun13
(0.80%) 11.27% 14.64% -1.07% 20.45% 18.46% 23.47% (49.05%)May 07 - Feb 09
SENVEST PARTNERS, LTD - CLASS ARichard Mashaal
31 Mar 97 Q $291MMay 13
1,805.47 30 Jun13
(1.70%) 39.97% 34.81% -33.96% 39.59% 19.48% 38.45% (70.55%)Feb 00 - Sep 02
Equity-Pharma-BiotechYtd Avg. 2013 20.76%
Equity-Pharma-Biotech/USAYtd Avg. 2013
20.76%
PERCEPTIVE LIFE SCIENCES OFFSH FUND, LTDJoseph Edelman
31 Dec 99 M $745MMay 13
2,008.64 05 Jul 13 3.68% 37.42% 28.09% 5.82% 16.94% 24.84% 26.12% (25.67%)Feb 00 - May 00
TRAXIS SIVIK GLOBAL HEALTHCARE OFFSHORE -A/01-01Krishen Sud
30 Jun 01 M $103MDec 12
1,920.70 30 Jun13
(0.20%) 13.68% 13.88% -8.27% 2.58% 5.59% 11.37% (32.70%)Oct 07 - Feb 09
VISIUM BALANCED OFFSHORE FUND CL 2Jacob Gottlieb
31 Oct 05 Y/Q $2'971MMay 13
232.10 05 Jul 13 0.13% 11.19% 10.31% 1.89% 24.51% 11.58% 8.91% (15.79%)Aug 08 - Dec 08
Equity-Real EstateYtd Avg. 2013 6.99%
Equity-Real Estate/GlobalYtd Avg. 2013
6.99%
BROOKFIELD GLOBAL REITS LONG SHORTSTRATEGYJason Baine and Bernhard Krieg
30 Nov 04 M $188MMar 13
430.43 30 Jun13
0.29% 6.99% 40% -18.96% 30.83% 18.53% 28.24% (54.37%)May 07 - Feb 09
Equity-TechnologyYtd Avg. 2013 1.84%
Equity-Technology/GlobalYtd Avg. 2013
(0.21%)
EXANE ARCHIMEDES FUND CLASS A CAPGilles Lenoir and César Zeitouni
30 Sep 06 W €417MJun 13
15,109.49 09 Jul 13 (0.26%) (0.21%) -0.19% 3.99% 6.82% 6.28% 4.81% (5.10%)Nov 11 - May 12
Equity-Technology/USAYtd Avg. 2013
3.89%
SELIGMAN TECH SPECTRUM FUND CLASS-A1-S/2-2002J. & W. Seligman & Co. Incorporated
31 Dec 06 M $215MApr 13
314.18 14 Jun13
(0.70%) 3.89% 0.65% -0.21% 8.34% 7.24% 12.44% (19.91%)May 08 - Nov 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 26Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-UtilityYtd Avg. 2013 2.94%
Equity-Utility/EuropeYtd Avg. 2013
2.94%
CYGNUS UTILITIES, INFRASTRUCTURE &RENEWABLESCygnus Asset Management
30 Apr 06 M $275MJul 13
1,792.64 30 Jun13
(0.23%) 2.94% 10.88% -2.7% -2.51% 8.48% 8.05% (10.69%)Nov 09 - Aug 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 27Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-DiversifiedYtd Avg. 2013 11.97%
Equity-Diversified/GlobalYtd Avg. 2013
12.49%
PASSPORT SPECIAL OPPORTUNITIES FUND LTDCLASS AAJohn Burbank
30 Apr 08 H-Y $341MJun 13
148.78 30 Jun13
1.20% 12.49% -5.67% -19.91% 72.77% 7.99% 27.89% (43.24%)Jun 08 - Nov 08
Equity-Diversified/USAYtd Avg. 2013
11.45%
MARCATO INTERNATIONAL LTDRichard McGuire, Marcato Capital Management LLC
30 Sep 10 Q $1'000MApr 13
146.66 30 Jun13
0.10% 11.45% 28.67% -4.16% 6.71% 14.93% 12.41% (17.63%)Mar 11 - Sep 11
Multi-StrategyYtd Avg. 2013 9.32%
Multi-Strategy/AsiaYtd Avg. 2013
6.93%
YORK ASIAN OPPORTUNITIES UNITS TRUST -A-Feng Hsiung / Masahiko Yamaguchi
31 Mar 06 Q $250MMay 13
1,247.48 05 Jul 13 1.00% 6.93% 10.8% -6.59% 13.47% 10.25% 14.76% (34.54%)Oct 07 - Dec 08
Multi-Strategy/EmergingYtd Avg. 2013
2.26%
MONEDA ABSOLUTE RETURN LTDJuan Luis Rivera
31 Jan 07 Q $108MDec 12
132.63 30 Jun13
(3.70%) 2.26% 5.89% -16.41% 12.83% 4.50% 12.66% (29.89%)Jun 08 - Dec 08
Multi-Strategy/EuropeYtd Avg. 2013
7.29%
MLIS OZ EUROPE UCITS FUND CLASS B EURMichael Cohen, Och-Ziff Capital Management Group
31 Mar 11 W €196MMay 13
108.37 09 Jul 13 1.05% 7.29% 10.74% -8.79% 3.59% 6.80% (10.96%)Apr 11 - Nov 11
Multi-Strategy/GlobalYtd Avg. 2013
9.95%
AG SUPER FUND INTERNATIONAL, LTDMichael Gordon & Dave Kamin
30 Apr 93 Y $603MMay 13
1,575.92 05 Jul 13 0.85% 8.44% 13.67% -2.62% 13.42% 10.01% 5.49% (24.78%)Jun 07 - Dec 08
DAVIDSON KEMPNER INTL, LTD - CLASS C Tranche 1Thomas L. Kempner, Jr.
31 Oct 95 Q $6'241MMar 13
446.82 05 Jul 13 0.00% 5.82% 8.13% 1.38% 10.02% 8.83% 3.80% (10.87%)Oct 07 - Nov 08
KG INVESTMENT FUND LLCKG Funds Management LLC
31 Dec 08 Q $72MJun 13
219.65 30 Jun13
(0.56%) 7.67% 21.93% 12.4% 16.46% 19.11% 15.40% (20.31%)Dec 08 - Feb 09
OWL CREEK OVERSEAS FUND, LTDJeffrey Altman
31 Jan 02 Y $3'112MMar 13
4,292.18 05 Jul 13 2.00% 26.61% 11.07% -15.44% 2.36% 13.59% 13.22% (20.92%)Mar 10 - Sep 11
PAULSON ADVANTAGE LTD -A-John Paulson
31 Mar 04 Q $1'790MFeb 13
222.65 30 Jun13
(3.06%) 1.17% -14.23% -35.96% 10.95% 9.03% 15.15% (47.71%)Feb 11 - Nov 12
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 28Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Multi-Strategy/GlobalYtd Avg. 2013
9.95%
PAULSON ADVANTAGE PLUS LTDJohn Paulson
31 Dec 04 Q $2'624MFeb 13
224.21 30 Jun13
(4.32%) 1.43% -21.5% -52.64% 17.13% 9.96% 23.14% (65.24%)Feb 11 - Feb 13
PAULSON RECOVERY FUND LTDJohn Paulson
31 Oct 08 Y $1'503MFeb 13
147.35 30 Jun13
(1.40%) 25.22% 5.25% -27.92% 23.78% 8.66% 20.59% (35.13%)Apr 11 - Sep 11
PERRY PARTNERS INTERNATIONAL INC CLASS -1 -TN ARichard Perry
30 Sep 93 Q / 2Y $4'892MDec 12
928.83 05 Jul 13 0.15% 9.68% 15.61% -7.14% 15.12% 11.93% 7.28% (25.65%)Oct 07 - Nov 08
PERSHING SQUARE INTL.LTDWilliam Ackman
31 Dec 04 Y/Q $5'599MJun 13
3,609.88 30 Jun13
(1.10%) 6.03% 12.39% -2.03% 21.68% 16.30% 14.09% (20.35%)Jan 08 - Feb 09
REVELATION SPECIAL SITUATIONS FUND LTDChris Kuchanny
28 Feb 05 M $152MMay 13
1,972.01 30 Jun13
1.48% 5.30% 2.38% -6.61% 11.95% 8.48% 5.83% (11.71%)May 11 - Apr 12
SOLUS SOLA LTD CL. IChris Pucillo, Scott Martin, CJ Lanktree
31 Dec 01 Q $880MJun 13
989.06 05 Jul 13 0.58% 16.25% 9.11% -1.73% 24.19% 22.01% 14.69% (21.93%)Feb 08 - Apr 09
SOMERSET SPECIAL OPPORTUNITIES FUND LPRobert Feingold
31 Jul 07 Q $247MMar 13
181.98 31 May13
1.48% 8.18% 11.33% -1.25% 18.7% 10.80% 11.61% (25.61%)Aug 08 - Mar 09
THIRD POINT OFFSHORE FUND LTDDaniel Loeb
30 Nov 96 M $6'492MJun 13
15,337.95 03 Jul 13 0.70% 13.37% 21.6% -0.1% 33.75% 17.88% 12.98% (35.48%)Jun 08 - Mar 09
THIRD POINT ULTRADaniel Loeb
30 Apr 97 Q $2'134MMay 13
4,915.53 03 Jul 13 1.00% 19.70% 34.47% -2.29% 37.91% 27.21% 22.07% (41.80%)Jun 08 - Mar 09
TRIAN PARTNERS LTDNelson Peltz, Peter May & Ed Garden
31 Dec 05 Q $1'692MJun 13
157.91 05 Jul 13 0.98% 12.91% 0.9% 3.98% 17.92% 6.27% 13.22% (30.56%)May 07 - Feb 09
TYRUS CAPITAL EVENT FUND LTDTony Chedraoui
31 Oct 09 Q $1'024MJun 13
127.87 05 Jul 13 0.13% 2.88% 6.77% -0.22% 11% 6.91% 6.05% (7.95%)Feb 11 - Sep 11
TYRUS CAPITAL OPPORTUNITIES FUND LTDTony Chedraoui
31 Mar 11 Q $633MJun 13
105.37 05 Jul 13 0.25% 2.66% 7.59% -4.6% 2.33% 5.63% (6.43%)Mar 11 - Sep 11
YORK INVESTMENT LTD -CLASS A-U/1James Dinan
28 Feb 94 Q $2'600MJan 13
7,824.50 05 Jul 13 0.68% 5.83% 13.73% -7.34% 7.39% 11.21% 8.94% (29.86%)Oct 07 - Feb 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 29Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Fixed IncomeYtd Avg. 2013 2.42%
Fixed Income/GlobalYtd Avg. 2013
2.42%
BLACKROCK FIXED INCOME GLOBAL ALPHA FUNDTim Webb
30 Sep 06 M $4'700MMay 13
202.78 08 Jul 13 0.34% 4.30% 14.73% 19.93% 11.13% 11.00% 5.56% (10.54%)Jun 08 - Dec 08
BLACKROCK OBSIDIAN FUNDStuart Spodek
30 Jun 96 M $880MMay 13
6,115.54 05 Jul 13 0.50% 2.52% 34.27% -13.5% 28.71% 11.22% 9.43% (20.93%)Jan 08 - Feb 09
CAPULA GLOBAL RELATIVE VALUE FUND LTD CLASS-A-Yan Huo, Masao Asai
30 Sep 05 Q $5'209MJul 13
214.61 05 Jul 13 0.38% 3.53% 0.43% 6.21% 9.57% 10.33% 4.87% (7.41%)Feb 08 - Mar 08
EMF FIXED INCOME FUND, LTDEric M. Flanagan/David C. Gottlieb
31 Oct 01 M $261MMay 13
39,218.38 05 Jul 13 1.50% 1.68% -1.12% 5.89% 8.71% 12.41% 14.75% (22.46%)Feb 08 - Mar 08
III FUND LTDCliff G Viner
30 Jun 93 M $126MMay 13
3,668.69 05 Jul 13 0.01% 6.41% 11.83% 9.03% 18.53% 6.71% 11.25% (54.77%)Jan 08 - Nov 08
III RELATIVE VALUE CREDIT STRATEGIES FUND LTDGarth Friesen
31 Oct 05 M $145MFeb 13
1,715.95 05 Jul 13 0.01% 4.56% 10.22% 10.36% 16.34% 7.28% 8.55% (31.27%)Nov 07 - Dec 08
KAMUNTING STREET OFFSHORE FUND LTDAllan Teh
30 Apr 04 Q $746MApr 13
233.87 30 Jun13
(1.20%) 3.61% 17.5% -6.2% 24.02% 9.70% 13.04% (38.39%)Oct 07 - Nov 08
KLS DIVERSIFIED FUND LTDJeff Kronthal ; Harry Lengsfield ; John Steinhardt
31 Jul 08 Q $1'418MApr 13
155.77 31 May13
(1.08%) 2.75% 7.35% 4.85% 11.64% 9.60% 3.06% (1.97%)Aug 08 - Oct 08
LONDON DIVERSIFIED FUND, LTD - DRobert Standing
31 May 95 Q $147MMar 13
4,548.29 05 Jul 13 0.06% (0.76%) 4.86% 3.75% 7.55% 8.73% 6.69% (28.95%)Jan 08 - Dec 08
MKP PARTNERS OFFSHORE LTDRichard Lightburn & Patrick McMahon
29 Feb 96 Q $155MApr 13
370.31 05 Jul 13 (0.24%) (1.29%) 7.73% 10.97% 11.38% 7.83% 10.28% (41.67%)May 98 - Oct 98
PIMCO ABSOLUTE RETURN STRATEGY IVOFFSHORE FUND II , CL. A/1William H. Gross, Qi Wang
31 Mar 02 Q $3'093MMay 13
2,379.51 31 May13
(0.60%) 2.24% 12.01% 1.82% 11.39% 8.07% 8.81% (25.88%)May 08 - Nov 08
PINE RIVER FIXED INCOME FUND LTDSteve Kuhn
31 Jan 08 Q $3'569MJul 13
557.44 05 Jul 13 (0.87%) 5.67% 34.85% 4.77% 31.84% 37.22% 9.62% (8.83%)Jul 11 - Oct 11
PINE RIVER LIQUID MORTGAGE FUND LTDJiayi Chen, Steve Kuhn
31 Aug 10 M $961MJun 13
142.74 05 Jul 13 (1.20%) (4.46%) 28.86% 7.19% 8.17% 13.32% 7.42% (5.67%)Feb 13 - Jul 13
PROLOGUE FEEDER FUND, LTD. CLASS ADavid Lofthouse, Graham Walsh
31 Jan 06 Q $2'301MJun 13
1,938.58 30 Jun13
(1.23%) 3.06% 6.02% 8.37% 6.65% 9.34% 3.61% (1.59%)Jul 07 - Aug 07
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 30Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
ArbitrageYtd Avg. 2013 2.77%
Arbitrage/GlobalYtd Avg. 2013
2.77%
HSBC MAA FUND USDHSBC Alternative Investments Limited
15 Jun 95 Q / M $98MMay 13
206.18 21 Jun13
(0.35%) 2.77% 4.21% -3.61% 2.91% 4.09% 4.81% (25.30%)Jul 07 - Dec 08
Event DrivenYtd Avg. 2013 4.73%
Event Driven/GlobalYtd Avg. 2013
4.73%
GEMS PROGR. FUND SICAV RECOVERY PORTFOLIOREGULAR USDDavid Goldfarb, Miguel Abadi, Cedric Carrol
31 Dec 01 Q $266MOct 12
2,306.35 05 Jul 13 0.00% 3.75% 5.91% -12.46% 6.14% 7.52% 6.81% (23.23%)Jun 08 - Dec 08
HSBC CREDIT MARKET OPPORTUNITIES FUND USDCLASS COMPOSITEHsbc Management (Guernsey) Ltd
31 May 09 Q $62MMay 13
112.30 21 Jun13
(0.35%) 4.72% 8.74% -7.47% 17.52% 5.49% 6.62% (9.16%)Feb 11 - Dec 11
HSBC SPECIAL OPPORTUNITIES FUND LTDHSBC Alternative Investments Limited
28 Feb 07 Q $82MApr 13
119.77 21 Jun13
(1.14%) 5.71% 20.63% -3.5% 0.85% 2.90% 10.55% (35.45%)Jun 08 - Mar 09
Long/ShortYtd Avg. 2013 5.91%
Long/Short/AsiaYtd Avg. 2013
5.91%
HSBC ASIAN ADVANTEDGE FUNDHSBC Alternative Investments Limited
30 Jun 02 M $33MMay 13
179.18 21 Jun13
(1.73%) 5.91% 2.01% -11.59% 2.66% 5.45% 8.20% (24.73%)Dec 07 - Nov 08
MacroYtd Avg. 2013 11.83%
Macro/GlobalYtd Avg. 2013
11.83%
MASTERS FUND LTD MAGNOLIA SERIESSean M. Doyle
31 Dec 96 Q $328MApr 13
5,189.82 05 Jul 13 1.56% 11.83% 1.49% -0.36% 7.1% 10.48% 8.73% (9.96%)Jul 98 - Oct 98
Multi-StrategyYtd Avg. 2013 4.61%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 31Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Multi-Strategy/GlobalYtd Avg. 2013
4.61%
DIAMOND CAPITAL MANAGEMENTElchanan Jaglom, Daniel Jaglom
31 Oct 02 Q $197MMar 13
169.32 31 May13
0.40% 4.65% 2.61% -1.97% 4.05% 5.10% 4.37% (14.18%)Jun 08 - Dec 08
GAM DIVERSITY I INC - US$ CLASSDavid Smith
31 Dec 89 M $487MMar 13
734.36 08 Jul 13 0.91% 7.44% 6.67% -3.44% -2.55% 8.84% 7.99% (19.64%)Jan 94 - Jan 95
GAM DIVERSITY II INC - US$ CLASSDavid Smith
31 Jul 98 M $45MMar 13
223.73 08 Jul 13 0.93% 7.36% 6.54% -3.66% -3.4% 5.53% 7.36% (18.79%)Oct 07 - Dec 11
GAM TRADING II USDDavid Smith, Arvin Soh
30 Apr 97 M $2'364MMay 13
337.86 08 Jul 13 1.71% 2.34% 2.83% -4.11% 5.97% 7.80% 5.83% (5.88%)Jun 08 - Sep 08
HSBC GH FUND USDHSBC Alternative Investments Limited
31 May 96 M $1654MMay 13
305.32 21 Jun13
(1.36%) 4.62% 5.4% -3.37% 4.68% 6.76% 6.43% (18.30%)Jun 08 - Dec 08
HSBC HEDGE INVESTMENTS FUNDHSBC Alternative Investments Limited
28 Feb 02 Q $4MMay 13
159.85 21 Jun13
(1.27%) 4.50% 5.97% -2.72% 5.33% 4.23% 4.98% (17.63%)Jun 08 - Dec 08
HSBC LEVERAGED GH FUNDHSBC Republic Investment Limited
30 Nov 04 M $1'654MMay 13
138.52 21 Jun13
(2.81%) 8.22% 8.72% -8.76% 7.18% 3.88% 11.95% (37.09%)Jun 08 - Dec 08
HSBC NEXT GENERATION FUND NNI MANDATE ShareClassHSBC Management (Guernsey) Ltd
30 Sep 11 M $51MMay 13
101.09 21 Jun13
(2.27%) 0.69% 1.98% -1.55% 0.63% 4.31% (4.45%)Feb 12 - Sep 12
HSBC UCITS ADVANTEDGE FUND -USD CLASSHsbc Alternative Inv. Ltd
31 Oct 09 W €81MMay 13
94.97 03 Jul 13 0.58% 1.64% 1.38% -7.51% -0.37% (1.38%) 3.41% (8.81%)Apr 10 - Dec 11
TradingYtd Avg. 2013 (6.74%)
Trading/GlobalYtd Avg. 2013
(6.74%)
HSBC TRADING ADVANTEDGE FUNDHSBC Alternative Investments Limited
31 Oct 05 M $221MMay 13
132.51 21 Jun13
(5.51%) (6.74%) -5.39% -1.62% 8.82% 3.75% 10.03% (16.60%)Apr 11 - Jun 13
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 32Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity-DiversifiedYtd Avg. 2013 (13.23%)
Equity-Diversified/EmergingYtd Avg. 2013
(13.23%)
RUSSIAN PROSPERITY FUND - AAlexander Branis
31 Aug 96 W $1'356MJun 13
199.54 28 Jun13
(6.98%) (13.23%) 20.19% -18.03% 47.56% 19.68% 45.31% (90.26%)Jul 97 - Jan 99
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 33Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
CommodityYtd Avg. 2013 2.01%
Commodity/GlobalYtd Avg. 2013
2.01%
ARMAJARO COMMODITIES FUND CLASS -A-John Tilney
31 Mar 04 M $1'040MJun 13
237.60 05 Jul 13 (0.58%) 3.53% 1.65% -7.11% 7.35% 9.79% 11.38% (15.56%)Feb 08 - Dec 08
BREVAN HOWARD COMMODITIES STRATEGIESFUND L.P.Stephane Nicolas
28 Feb 10 M $841MMay 13
104.59 30 Jun13
0.48% (2.49%) 5.8% -2.65% 7.83% 2.42% 8.55% (8.62%)Aug 11 - Dec 11
CLIVE FUND (The ) Class - A -Christian Levett and Richard Boland
30 Nov 07 Q $1'048MMay 13
165.90 30 Jun13
(1.71%) (3.64%) -8.81% -9.92% 19.75% 9.48% 18.06% (27.10%)Apr 11 - Jun 13
DB PLATINUM V HERMES A.R. COMMODITY FUNDColin O'Shea
28 Feb 10 D $345MOct 12
108.87 09 Jul 13 (0.36%) (5.63%) -0.65% 9.69% 5.86% 2.56% 6.29% (11.18%)Mar 12 - Jul 13
KROM RIVER COMMODITY FUNDChristopher Brodie
30 Jun 06 M $390MJun 13
163.68 05 Jul 13 0.53% (3.83%) -4.92% -3.89% 13.23% 7.27% 9.59% (16.74%)Apr 11 - Jun 13
MERCHANT COMMODITY FUND (THE) - COMPOSITEMichael Coleman and Doug King
31 May 04 M $175MApr 13
382.52 30 Jun13
3.90% 24.15% -7.6% -30.07% 27.4% 15.91% 21.02% (36.93%)Dec 10 - Oct 11
Commodity-SystematicYtd Avg. 2013 (2.19%)
Commodity-Systematic/GlobalYtd Avg. 2013
(2.19%)
ARMAJARO STS COMMODITIES FUND CLASS -Z-Will Griffin
31 Dec 09 M $40MMar 13
80.55 30 Jun13
3.67% (2.19%) -18.15% -15.89% 19.64% (5.99%) 24.67% (46.93%)Apr 11 - Apr 13
CurrencyYtd Avg. 2013 2.11%
Currency/AsiaYtd Avg. 2013
7.41%
DYMON ASIA MACRO FUND (SERIES A)Danny Yong
31 Jul 08 M $2'755MMay 13
161.07 05 Jul 13 0.38% 8.81% 0.96% 20.11% 15.23% 10.15% 11.58% (13.69%)Jul 08 - Sep 08
THE CAMBRIDGE STRATEGY - ASIAN MARKETSCURRENCY ALPHAAlexandra Edstein
31 Jan 06 M $132MJun 13
167.94 05 Jul 13 (0.20%) 6.02% 0.86% 6.36% 4.49% 7.23% 8.08% (6.83%)Sep 11 - Aug 12
Currency/GlobalYtd Avg. 2013
(1.43%)
BREVAN HOWARD INVESTMENT FUND II MACRO FXFUND - CLASS A USDBrevan Howard Asset Management LLP
30 Sep 09 W $570MApr 13
101.64 26 Jun13
(2.85%) (1.91%) -2.32% 5.15% 0.6% 0.44% 4.21% (6.76%)Jul 12 - Jun 13
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 34Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Currency/GlobalYtd Avg. 2013
(1.43%)
THE CAMBRIDGE STRATEGY - EMERGING MARKETSCURRENCY ALPHAJesse Marre, Andrew Bresler
31 Jan 08 M $66MJun 13
154.82 05 Jul 13 1.30% 1.19% 7.42% 10.46% 3.24% 8.38% 7.84% (8.72%)Apr 10 - Nov 10
THE CAMBRIDGE STRATEGY - EXTENDED MARKETSCURRENCY ALPHARobert Colehan
31 Mar 04 M $325MJun 13
127.51 05 Jul 13 1.04% (3.57%) -1.47% -0.92% -11.17% 2.66% 6.97% (24.13%)Feb 09 - Jun 13
DiversifiedYtd Avg. 2013 6.97%
Diversified/AsiaYtd Avg. 2013
17.26%
ALPHADYNE INVESTMENT STRATEGIES FUND LTDBart Broadman, Philippe Khuong-Huu
31 Jan 07 M $307MMay 13
1,811.39 05 Jul 13 0.80% 9.68% 7.06% 3.11% 7.58% 9.68% 4.89% (3.63%)May 09 - Jun 09
BREVAN HOWARD ASIA FUND LIMITEDKaspar Ernst
30 Sep 04 M $1'988MMay 13
224.22 30 Jun13
2.25% 7.53% 4.41% 8.86% 1.83% 9.66% 3.83% (1.94%)Jan 10 - Mar 10
FORTRESS ASIA MACRO FUNDAdam Levinson
28 Feb 11 Q $1'026 MMay 13
143.42 05 Jul 13 1.50% 14.53% 21.23% 3.3% 16.58% 6.28% (4.91%)Mar 11 - Oct 11
SINFONIETTA FUNDSymphony Financial Partners
31 May 08 M $57MJun 13
191.42 05 Jul 13 0.64% 37.28% 7.07% 22.92% -0.27% 13.58% 15.49% (14.44%)Jun 08 - Mar 09
Diversified/EmergingYtd Avg. 2013
0.35%
ADELANTE EMERGING DEBT FUNDJulian Adams
30 Jun 99 M $80MJun 13
73.70 30 Jun13
(2.49%) (2.56%) 14.48% 0.65% 11% 15.32% 9.26% (22.42%)Feb 08 - Feb 09
ALPHA4X CAPITAL GROWTH FUNDManuel E. Mejía-Aoun, Urvish Bidkar, Fabio Izzo
30 Apr 06 M $ 127 MJun 13
170.96 30 Jun13
1.71% 2.79% 2.54% 11.5% -5.19% 7.76% 6.65% (8.12%)Nov 09 - May 10
BLUECREST EMERGING MARKETS FUNDSBluecrest Capital Management LLP
31 Aug 05 Q $1'670MMay 13
193.20 30 Jun13
(0.08%) 2.30% 10.9% -0.43% 7.82% 8.78% 11.14% (22.89%)Oct 07 - Oct 08
BREVAN HOWARD EM. MKT STRATEGIES FUND LTDGeraldine Sundstrom
31 Dec 07 M $2'755MMay 13
126.91 30 Jun13
(6.55%) (12.87%) 14.12% -6.28% 2.01% 4.43% 10.37% (14.71%)Jan 13 - Jun 13
GAVEA FUND LTD . CLASS A S/1Fraga Arminio
31 Jul 03 Q $1'893MJun 13
241.75 05 Jul 13 0.74% 5.61% 8.19% -0.35% 6.48% 9.29% 6.67% (12.50%)Jul 08 - Oct 08
GREEN FUND LLC GREEN CLASSLuis Stuhlberger
31 Jan 01 M $639MMay 13
681.78 04 Jul 13 0.59% 3.10% 13.55% -5.7% 7.84% 15.61% 14.39% (33.00%)Jun 08 - Nov 08
PHARO TRADING FUNDGuillaume Fonkenell
30 Nov 00 M $227MMay 13
4,089.02 30 Jun13
(2.58%) 3.12% 0.69% -2.68% 10.52% 11.84% 10.55% (13.16%)Feb 08 - Oct 08
SPINNAKER GLOB OPP FUND, LTD COMPOSITEJorge Rosas
31 Jan 01 Q $1'106MMar 13
496.01 30 Jun13
(1.48%) 0.91% 14.12% -11.82% 15.03% 13.76% 9.37% (31.74%)May 08 - Feb 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 35Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Diversified/EmergingYtd Avg. 2013
0.35%
THE CAMBRIDGE STRATEGY - APOLLO (EM MACRO)ABSOLUTE RETURNRussell Thompson, Walid Khalfallah, Ali BoraYigitbasioglu
30 Apr 09 M $209MJun 13
146.52 05 Jul 13 1.42% 0.77% 12.92% 14.14% 8.52% 9.56% 5.53% (4.34%)Apr 10 - Sep 10
Diversified/GlobalYtd Avg. 2013
7.58%
BREVAN HOWARD FUND, LTD - USD CLASS AAlan Howard
31 Mar 03 M $27'890MApr 13
314.85 30 Jun13
(3.07%) 3.86% 3.93% 12.15% 1.01% 11.83% 6.90% (5.17%)Feb 08 - Apr 08
BTG PACTUAL GLOBAL EM. MKTS AND MACRO FDBTG Pactual Global Asset Management
31 Jan 09 Q $5'007MMay 13
2,687.17 31 May13
1.67% 5.02% 28.12% 3.44% 22.38% 25.63% 7.59% (3.57%)May 11 - Dec 11
CAPITAL FUND, LTD (THE)Kenneth Windheim
31 Dec 99 M $67MApr 13
375.92 05 Jul 13 0.08% (1.46%) 0.21% 4.65% 0.34% 10.29% 10.55% (17.38%)Jan 09 - Mar 10
CAXTON GLOBAL INVESTMENT LTDAndrew E. Law
31 Jan 97 Q $4'396MFeb 13
905.88 09 Jul 13 2.86% 18.61% 1.96% 0.7% 9.29% 14.34% 7.48% (7.37%)Jun 07 - Aug 07
COMAC GLOBAL MACRO FUNDColm O’Shea
31 May 06 M $1'764MJul 13
151.92 05 Jul 13 1.18% 0.04% -8.95% 5% 1.14% 6.07% 8.26% (12.78%)Apr 10 - Jan 13
COMMONWEALTH OPPORTUNITY CAYMAN FUNDLTDAdam Fisher
30 Nov 08 M $580MJul 13
199.86 05 Jul 13 0.31% 2.39% 15.64% 10.75% 7.01% 16.25% 10.66% (10.38%)Jan 09 - Feb 09
DISCOVERY GLOBAL MACRO LTD CLASS -A- SERIES1Robert K Citrone
31 Aug 11 Q $1'239MMay 13
1,382.09 30 Jun13
(1.44%) 17.47% 18.87% -1.02% 19.31% 8.53% (3.83%)May 12 - Jun 12
DISCOVERY GLOBAL OPPORTUNITY FUND, LTDRobert K Citrone
31 Jul 99 HY $8'350MMay 13
868.77 31 May13
(0.82%) 16.30% 15.06% 3.58% 16.92% 16.90% 14.69% (33.03%)Dec 07 - Dec 08
ECLECTICA FUND (THE) CLASS A EUROHugh Hendry
30 Sep 02 M $686MMay 13
239.33 05 Jul 13 0.20% 1.11% -1.72% 12.11% 2.65% 8.44% 21.77% (31.94%)Feb 08 - Sep 08
EPISODE INC. CLASS ADavid Fishwick / Tony Finding
31 Jul 05 Q $1'323MJun 13
128.74 05 Jul 13 (0.16%) (0.54%) -4.69% 0.98% 4.83% 3.24% 11.86% (32.77%)Oct 07 - Feb 09
FORTRESS MACRO FUND LTD. CLASS AMichael E. Novogratz & Adam Levinson
31 Dec 08 M $1'564MJun 13
1,332.06 05 Jul 13 2.64% 16.11% 17.82% -9.33% 10.7% 10.62% 6.80% (11.34%)Mar 11 - Nov 11
GAM GLOBAL RATES HEDGE FUNDAdrian Owens
31 Jan 04 M $2'535MMay 13
227.85 30 Jun13
(0.47%) 4.64% 14.71% -6.73% 9.47% 9.14% 7.41% (12.25%)Mar 11 - Sep 11
GAMUT INVESTMENTSAdrian Owens
30 Jun 86 M $86MJun 13
8,331.81 02 Jul 13 (0.01%) 3.19% 0.29% -0.95% 7.22% 17.78% 13.28% (13.45%)Dec 87 - Apr 88
GRAHAM GLOBAL INVESTMENT FUND II -DISCRETIONARY ENHANCED VOLKenneth G. Tropin
31 May 04 Q $4'054MJun 13
219.83 09 Jul 13 0.92% 5.24% 7.35% 6.82% 14.26% 12.33% 10.52% (30.81%)May 07 - Jun 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 36Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Diversified/GlobalYtd Avg. 2013
7.58%
GRAHAM GLOBAL INVESTMENT FUND-DISCRETIONARYKenneth G. Tropin
31 May 04 Q $4'320MMay 13
262.66 09 Jul 13 0.47% 2.62% 3.83% 3.56% 7.12% 6.97% 5.20% (14.81%)May 07 - Jun 08
HARMONIC ALPHA PLUS MACRO FUND - USD CLASSRichard Conyers
30 Apr 03 M $900MJun 13
129.18 05 Jul 13 (2.46%) (7.10%) 22.83% -8.91% 20.3% 6.15% 11.89% (16.74%)Apr 11 - Dec 11
MELLON OFF GLOB OPP FUND LTD -MULTICURRENCY - A1Alexander Huberts & Jeff Zhang
30 Nov 05 M $198MMay 13
1,146.80 30 Jun13
(2.18%) 0.55% -2.53% 4.79% 17.48% 1.82% 8.99% (31.90%)Jan 07 - Oct 08
MELLON OFF. ALPHAACCESS FUND LTD - MCY A/1Alexander Huberts & Jeff Zhang
31 Jul 05 M $103MMay 13
1,085.87 30 Jun13
(4.36%) 2.00% -4.79% 4.46% 23.11% 1.04% 17.76% (59.00%)Jan 07 - Oct 08
MKP OPPORTUNITY OFFSHORE, LTDPatrick McMahon
31 Jul 01 M $3'194MMay 13
304.26 05 Jul 13 0.37% 5.38% 6.9% 11.42% -0.35% 9.77% 5.33% (3.70%)Dec 09 - Feb 10
MLM MACRO PEAK PARTNERS OFFSH FD, LTD - BTimothy Rudderow
31 Mar 02 M $253MDec 12
2,219.15 30 Jun13
2.60% 15.47% -0.76% -35.04% 7.83% 7.34% 18.44% (36.99%)Dec 10 - May 12
MOORE GLOBAL INV FD, LTD - A $Louis Bacon
31 Dec 89 Q $4'800MDec 12
54,248.66 30 Jun13
0.30% 13.47% 8.82% -2.21% 4.74% 18.51% 11.84% (18.45%)Jan 94 - Feb 95
MOORE MACRO MANAGERS FUND, LTD CLASS -A-Louis Bacon
31 Jul 93 Q $3'139MMay 13
13,471.49 30 Jun13
0.24% 11.31% 9.01% -2.57% 11.56% 13.94% 8.47% (14.47%)Jan 94 - Feb 94
ONSLOW MACRO FUND CLASS ANicolas Galperin
31 Dec 07 M $118MJul 13
148.99 30 Jun13
3.36% 7.18% -6.72% 3.17% 13.3% 7.46% 15.80% (25.48%)Sep 08 - Oct 08
PHARO MACRO FUND LTDGuillaume Fonkenell
30 Apr 05 Q $1'907MMay 13
2,587.08 30 Jun13
(2.21%) 7.55% 12.53% -7.82% 7.3% 12.33% 9.08% (9.64%)Jun 08 - Nov 08
PINPOINT MULTI-STRATEGY FUNDQiang Wang
29 Feb 08 M $137MDec 12
147.48 28 Jun13
(3.58%) (1.05%) 6.19% -10.43% 23.74% 7.56% 11.31% (17.36%)Jun 08 - Nov 08
RUBICON GLOBAL FUND, LTDPaul Brewer
31 Oct 99 M $717MJun 13
565.58 05 Jul 13 2.77% 28.29% -3.89% 5.34% 14.97% 13.49% 14.48% (36.03%)Dec 04 - May 07
TT INTERNATIONAL FUNDTacchi Tim
31 Aug 89 M $409MMay 13
7,454.53 30 Jun13
(1.14%) 4.82% 4.27% -14.09% 13.52% 8.72% 14.46% (27.05%)Jan 94 - Jan 95
TUDOR B.V.I GLOBAL FUND LTD -A-Paul Tudor Jones
31 Oct 86 Q $7'445MMay 13
126,267.15 05 Jul 13 1.29% 13.77% 5.41% 2.17% 7.41% 19.87% 18.88% (17.07%)Apr 92 - Jul 92
TUDOR B.V.I GLOBAL FUND LTD -A- ALT SERIES 01Paul Tudor Jones
31 Dec 11 Q $5'620MMay 13
127,071.28 05 Jul 13 1.24% 13.57% 6.27% - 13.23% 7.25% (4.37%)May 12 - Jun 12
TUDOR DISCRETIONARY MACRO FUND CLASS ISeries 01Multi-PM Platform
30 Jun 12 Q $1'127MJun 13
1,210.53 05 Jul 13 1.48% 17.73% 2.82% 20.74% 6.10% (1.50%)Sep 12 - Oct 12
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 37Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Fixed IncomeYtd Avg. 2013 (2.43%)
Fixed Income/GlobalYtd Avg. 2013
(2.43%)
AVIVA INVESTOR FIXED INCOME MACRO (Tranche 2)Shahid Ikram
30 Jun 09 M $303MMay 13
12.15 30 Jun13
(1.15%) (1.26%) 2.31% 7.55% 6.39% 4.99% 3.01% (1.70%)Feb 13 - Jun 13
BREVAN HOWARD INVEST. FUND - EMERGINGMARKETS LOCAL FIXED INCOME FUNDFilippo Cipriani, Brevan Howard Asset Management
31 May 10 W $1'482MJun 13
111.98 28 Jun13
(0.65%) (3.60%) 7.21% 2.97% 5.21% 3.74% 5.13% (4.19%)Feb 13 - Jun 13
SystematicYtd Avg. 2013 (6.66%)
Systematic/GlobalYtd Avg. 2013
(6.66%)
EAGLE QUANTITATIVE MACRO FUND LTDEagle Trading Systems Inc. (Menachem Sternberg)
30 Sep 06 M $268MJul 13
178.44 05 Jul 13 (3.40%) (6.66%) 8.57% 4.2% 4.82% 8.93% 14.40% (13.54%)Nov 09 - Feb 10
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 38Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
CommodityYtd Avg. 2013 35.50%
Commodity/GlobalYtd Avg. 2013
35.50%
CUMULUS ENERGY FUND CLASS A USDPeter Brewer
30 Sep 06 M $225MMay 13
678.60 05 Jul 13 (1.08%) 35.50% 24.55% 99.63% -10.68% 32.71% 36.41% (41.27%)Sep 07 - Apr 08
CurrencyYtd Avg. 2013 (13.77%)
Currency/GlobalYtd Avg. 2013
(13.77%)
ORTUS FUND (CAYMAN) LTDDr Joe Zhou
30 Sep 03 M $209MMay 13
203.37 30 Jun13
(0.75%) (13.77%) -17.33% 5.7% 27.89% 7.55% 12.47% (29.81%)Jan 12 - Jun 13
Multi-StrategyYtd Avg. 2013 (4.70%)
Multi-Strategy/GlobalYtd Avg. 2013
(4.70%)
COELI POWER SURGE FUND LTDHenrik Wennberg, Jukka Virtala, Mathias Wennberg
30 Nov 07 M €12'MMar 13
1,403.24 30 Jun13
(1.21%) (4.70%) -8.67% 1.21% 23.45% 6.25% 12.86% (12.96%)Dec 11 - Jun 13
SystematicYtd Avg. 2013 0.54%
Systematic/GlobalYtd Avg. 2013
0.54%
AHL DIVERSIFIEDTim Wong, Matthew Sargaison
29 Feb 96 W $1'211MMay 13
89.55 05 Jul 13 1.32% (1.97%) -2.22% -5.9% 16.02% 13.46% 16.98% (19.53%)Oct 01 - Apr 02
AHL EVOLUTION USDTim Wong , Matthew Sargaison
31 Aug 05 M $198MApr 13
1.07 05 Jul 13 0.42% 5.01% 23.53% 10.53% 19.83% 14.93% 12.90% (13.16%)Jun 08 - Oct 08
ALTIS MASTER FUND ICC - GLOBAL FUTURESPORTFOLIO ICZbigniew Hermaszewski, Alex Brunwin, StephenHedgecock, Natasha Reeve-Gray
31 Aug 03 M $26MJun 13
2,224.07 30 Jun13
1.77% 5.16% -10.92% -29.61% 9.64% 8.46% 22.00% (37.30%)Dec 10 - Dec 12
ASPECT DIVERSIFIED FUND - CLASS AAnthony Todd
30 Nov 98 W $1'475MJun 13
314.40 10 Jul 13 (0.22%) (1.10%) -10.66% 4.51% 15.36% 8.15% 16.19% (21.47%)Feb 04 - Jan 05
BEACH HORIZON FUND LTDDavid Beach, Sanjeev Lakhanpal, Paul Netherwood
30 Apr 05 M $64MApr 13
195.83 30 Jun13
(1.42%) (3.08%) -19.51% -1.14% 8.65% 8.57% 18.54% (27.49%)Apr 11 - Mar 13
BLUETREND FUND, LTD - CLASS AMichael Platt & Leda Braga
31 Mar 04 M $11'700MMay 13
275.80 30 Jun13
(9.46%) (10.42%) 0.02% 0.32% 15.98% 11.59% 14.42% (17.85%)Apr 11 - Jun 13
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 39Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Systematic/GlobalYtd Avg. 2013
0.54%
BORONIA DIVERSIFIED FUND MASTERRichard Grinham and Angus Grinham
31 Aug 93 M $892MJun 13
1,735.80 09 Jul 13 0.00% 7.38% -4.19% -8.75% 9.44% 9.36% 11.74% (14.56%)Feb 08 - Apr 12
CAMPBELL GLOBAL ASSETS FUND LTD Class ACampbell & Company
31 Jan 98 M $2'600MJun 13
3,927.56 05 Jul 13 2.00% 13.24% 4.52% -2.92% 14% 9.27% 13.41% (21.17%)Jun 07 - Jan 10
CAMPBELL GLOBAL ASSETS FUND LTD Class BCampbell & Company
30 Jun 02 M $304MJun 13
3,302.90 05 Jul 13 1.70% 12.95% 1.84% 1.83% 20.3% 7.18% 11.73% (22.92%)Jun 07 - Aug 07
CCP QUANTITATIVE FUND US$ ARISTARCHUS SH.Ewan Kirk, Erich Schlaikjer, Cantab Capital
28 Feb 07 M $1'301MJun 13
1,672.73 05 Jul 13 1.94% (17.32%) 15.32% 12.84% 2.48% 8.69% 15.64% (21.42%)Apr 13 - Jun 13
CONQUEST MACRO FUND, LTD (COMP)Marc Malek
30 Apr 99 M $258MNov 12
1,915.47 10 Jul 13 2.80% (9.59%) -33.16% -5.67% 4.92% 4.68% 19.67% (56.21%)Jul 09 - Mar 13
CRABEL FUND SPC LTD CLASS AToby Crabel
28 Feb 98 M $374MJul 13
5,813.98 05 Jul 13 1.30% 10.43% 15.53% -1.93% 8.33% 12.14% 16.33% (16.71%)Oct 98 - Jun 99
DB PLATINUM IV DBX SYSTEMATIC ALPHA INDEXFUND - CLASS I1CUDB Platinum Advisors
30 Jun 10 W $1'622MOct 12
110.30 03 Jul 13 (0.44%) 1.64% -3.96% 4.85% 7.76% 3.31% 7.64% (7.03%)Jan 12 - Oct 12
DISCUS FEEDER LTD CL. B USD STANDARDLEVERAGETeam managed
31 Dec 90 M $609MJun 13
1,094.18 05 Jul 13 1.79% (2.63%) -13.88% 21.95% -6.67% 11.47% 15.79% (34.56%)Jun 94 - Oct 95
EAGLE GLOBAL FUNDMenachem Sternberg
30 Sep 95 M $230MJun 13
987,049.57 05 Jul 13 0.32% (5.89%) 8.1% 8.82% 17.68% 13.75% 23.43% (32.13%)Oct 03 - Sep 04
FORT GLOBAL CONTRARIANYves Balcer, Sajiv Kumar
30 Sep 02 D $444MJul 13
3,598.85 05 Jul 13 0.63% (3.87%) 2.83% 28.7% 27.86% 12.63% 12.09% (17.42%)Mar 08 - Oct 08
FORT GLOBAL DIVERSIFIEDYves Balcer, Sajiv Kumar
30 Sep 93 D $170MJul 13
2,112.14 05 Jul 13 0.07% (7.22%) 7.12% 39.95% 34.46% 16.68% 19.59% (26.55%)May 99 - Sep 00
GRAHAM GIF II PROPRIETARY MATRIX SP SIES AKenneth G. Tropin
30 Jun 99 M $1'042MJun 13
308.66 09 Jul 13 1.69% 6.17% -0.07% -9.85% 10.56% 8.36% 12.01% (17.90%)Apr 11 - Nov 12
GRAHAM GLOBAL INVESTMENT FUND II - K4D-10VKenneth G. Tropin
31 Jan 95 M $2'696MMay 13
342.93 09 Jul 13 1.27% 2.21% -4.91% -13.12% 0.77% 6.91% 12.36% (20.70%)Apr 11 - Nov 12
GRAHAM GLOBAL INVESTMENT FUND II - K4D-15V -COMPOSITEKenneth G. Tropin
31 Dec 00 M $2'696MMay 13
199.99 09 Jul 13 1.91% 3.19% -7.15% -18.64% 4.52% 9.87% 19.58% (29.84%)Feb 04 - Apr 05
HIGHBRIDGE QUANTITATIVE COMMODITIES FUNDCLASS ASassan Alizadeh
30 Sep 09 M $824MDec 12
972.53 31 May13
(4.51%) (11.79%) -17.36% -4.27% 31.32% (0.76%) 20.54% (42.15%)Apr 11 - May 13
HIGHBRIDGE QUANTITATIVE COMMODITIES FUNDCLASS BSassan Alizadeh
31 Jul 11 M $914MOct 12
622.86 31 May13
(4.51%) (11.87%) -17.57% -14.26% (22.74%) 16.08% (38.03%)Aug 11 - May 13
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 40Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Systematic/GlobalYtd Avg. 2013
0.54%
KEYNES LEVERAGED QUANTITATIVE STRATEGIESFUND CLASS - B -COMPOSITESushil Wadhwani,
31 Dec 04 M $153MDec 12
107.43 05 Jul 13 1.99% (0.49%) 6.54% -5.89% 6.47% 7.76% 12.20% (12.83%)Apr 06 - Sep 06
LYNX (BERMUDA) LTDJonas Bengtsson, Svante Bergstrom, Martin Sandquist
30 Apr 00 M $1'616MApr 13
442.09 09 Jul 13 3.37% 3.20% -6.71% -2.25% 19.17% 11.92% 14.41% (12.54%)Sep 11 - Jun 13
RENAISSANCE INSTITUTIONAL DIVERSIFIED ALPHAFUND INTL. L.P.,AMark Giordano
28 Feb 12 M $1'845MMay 13
98.62 05 Jul 13 0.63% (0.13%) -1.26% (1.03%) 8.42% (8.17%)Mar 13 - Jun 13
RENAISSANCE INSTITUTIONAL FUTURES FUND LPRobert Lourie
30 Sep 07 M $709MApr 13
109.63 05 Jul 13 1.30% (5.82%) -3.17% 1.84% 22.61% 1.61% 11.48% (22.27%)Jun 08 - Jun 09
SOLAISE SYSTEMATIC FUND LTD ( S Class)Ali Nejjar
31 May 11 M $60MJun 13
92.50 05 Jul 13 0.84% (2.52%) -0.15% -4.97% (3.65%) 12.35% (12.64%)Aug 11 - Jun 12
TEWKSBURY INVESTMENT FUND, LTD - BMatthew Tewksbury
31 Dec 90 M $2'856MMay 13
16,650.54 05 Jul 13 0.30% 7.22% 3.53% 4.55% 10.47% 13.30% 4.70% (7.75%)Jun 07 - Aug 07
TRADELINK INTEGRATED PROGRAM LTDWalt Weissman and Blair Wellensiek
31 Dec 93 M $53MMay 13
2,364.42 05 Jul 13 0.10% 7.62% -6.33% -21.27% 16.01% 17.59% 22.94% (36.53%)May 03 - Jan 05
TUDOR TENSOR FUND LIMITED CLASS ISteve Evans
31 Aug 05 M $283 MMar 13
1,459.46 05 Jul 13 0.01% (2.19%) -2.17% -10.31% 6.19% 4.93% 11.73% (17.59%)Feb 11 - Nov 12
TULIP TREND FUND, LTD - AProgressive Capital Partners Ltd
31 Mar 03 M $525MJun 13
3,782.51 05 Jul 13 4.19% 2.78% 4.89% -20.93% 38.39% 13.83% 25.93% (34.25%)Feb 09 - Jan 10
TWO SIGMA COMPASS CAYMAN FUNDTwo Sigma Investments, LLC
31 Jul 09 M $519MApr 13
1,802.11 30 Jun13
5.72% 14.52% 4.23% 2.33% 26.02% 16.21% 8.57% (9.85%)Apr 11 - Sep 11
WINTON EVOLUTION FUND (THE)David Harding
31 Aug 05 M $30MJun 13
1,422.85 10 Jul 13 1.57% 8.17% -8.31% 3.83% 15.12% 4.59% 10.48% (14.61%)Jun 08 - Jul 09
WINTON FUTURES FUND - CLASS BDavid Harding
30 Sep 97 M $9'692MJun 13
865.36 10 Jul 13 0.89% 5.44% -3.56% 6.29% 14.48% 14.65% 17.24% (25.08%)Oct 01 - Feb 02
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 41Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
DiscretionaryYtd Avg. 2013 6.26%
Discretionary/AsiaYtd Avg. 2013
(1.47%)
AMAZON MARKET NEUTRAL FUND CLASS A USDPhilip King
31 Aug 05 M $366MMay 13
348.83 05 Jul 13 0.95% (1.47%) 1.85% 11.56% 21.8% 17.25% 12.28% (20.20%)Jun 08 - Dec 08
Discretionary/EuropeYtd Avg. 2013
0.69%
EXANE MICROMEGAS FUND LTD- CLASS A - CAPJerome Poirel
30 Jun 06 W €71MJun 13
14,613.70 09 Jul 13 (0.41%) 0.69% -5.74% 1.38% 4.62% 3.53% 5.45% (7.68%)Feb 12 - Dec 12
Discretionary/GlobalYtd Avg. 2013
6.36%
BLACK DIAMOND RELATIVE VALUE LTD -C-ShsClint Carlson
31 Jul 99 Q $619MJun 13
320.33 05 Jul 13 0.13% 2.33% 9.48% -3.25% 1.48% 8.71% 5.46% (8.09%)Mar 11 - Sep 11
MARSHALL WACE - MW MARKET NEUTRAL TOPS AUSDAnthony Clake.
31 Oct 07 M $493MMay 13
129.92 09 Jul 13 0.59% 11.27% 15.02% 3.18% -0.21% 4.70% 6.69% (15.98%)Jun 08 - Nov 08
MLIS - MARSHALL W. TOPS UCITS FUND (MKT NTRL)Marshall Wace LLP
31 Dec 07 W $345MJun 13
118.54 09 Jul 13 0.30% 5.48% 6.07% 3.46% 0.3% 3.13% 4.72% (11.63%)Jun 08 - Oct 08
Discretionary/JapanYtd Avg. 2013
13.66%
DB EQUILIBRIA JAPAN FUNDJames Pulsford, Sara Gardiner-Hill
30 Apr 02 M $153MMay 13
235.88 05 Jul 13 0.26% 8.75% -3.55% -0.13% 5.58% 7.97% 4.58% (7.20%)Jul 11 - Dec 12
DB EQUILIBRIA JAPAN FUND LTD 2X (USD)James Pulsford, Sara Gardiner-Hill
30 Apr 09 M $340MMay 13
146.58 05 Jul 13 0.54% 18.58% -6.6% -0.5% 10.87% 9.57% 8.59% (13.42%)Jul 11 - Dec 12
Discretionary/UKYtd Avg. 2013
5.38%
ABSOLUTE INSIGHT UK EQUITY MKT NEUTRALFUND-CLASS B2P GBPAndrew Cawker, Iain Brown, Richard Howarth
31 May 08 D €684MJan 13
1.21 10 Jul 13 0.42% 2.97% 3.49% 2.3% 1.9% 3.48% 1.37% (0.58%)Feb 12 - May 12
CAZENOVE UK ABSOLUTE TARGET FUND - P2 GBPSteven Cordell
30 Jun 08 D £247MDec 12
122.67 10 Jul 13 0.96% 7.78% 4.08% 11.24% -7.62% 4.14% 5.52% (9.96%)Sep 09 - Dec 10
Equity DiversifiedYtd Avg. 2013 8.31%
Equity Diversified/AsiaYtd Avg. 2013
7.46%
MACQUARIE ASIAN ALPHA FUNDNick Bird
30 Sep 05 M $1'640MJun 13
1,834.40 05 Jul 13 0.10% 8.37% 4.41% 9.11% 10.29% 10.42% 6.39% (14.05%)Oct 07 - Apr 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 42Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Equity Diversified/AsiaYtd Avg. 2013
7.46%
PAN ASIA OPPORTUNITIES FUND LTD CLASS BJeff Shen, Ryan Kim, Ryan LaFond, Jan Bratteberg
31 Jul 10 M $1'151MJul 13
126.17 05 Jul 13 (0.42%) 6.56% 2.92% 9.6% 4.96% 8.25% 5.21% (3.62%)Jul 11 - Oct 11
Equity Diversified/EuropeYtd Avg. 2013
8.72%
BLACKROCK EUROPEAN DIVERSIFIED EQUITY A.R.F- SHARE CLASS DRobert Fisher/Simon Weinberger
30 Sep 10 D €153MNov 12
112.75 10 Jul 13 1.83% 7.38% -0.35% -4.05% 6.52% 3.27% 5.31% (13.12%)Mar 11 - May 12
GAM TALENTUM ENHANCED EUROPE LONG/SHORT -A -Gianmarco Mondani / Roberto Cantaluppi / PaoloLonginotti
30 Nov 04 M €227MMay 13
248.31 05 Jul 13 1.62% 13.12% 16.61% 2.95% 18.43% 11.16% 9.07% (25.03%)Jun 08 - Apr 09
GLG EUROPEAN EQUITY ALTERNATIVE FUND UCITSAR CL IPierre Lagrange, Simon Savage, Darren Hodges
30 Jun 11 D $1'124MApr 13
114.29 09 Jul 13 0.65% 5.65% 6.19% 1.87% 6.81% 4.35% (3.45%)Apr 12 - Aug 12
Equity Diversified/GlobalYtd Avg. 2013
8.78%
TWO SIGMA ABSOLUTE RETURN FUND LTDTwo Sigma Advisers, LLC
31 Oct 11 M $743MMay 13
1,145.56 30 Jun13
2.41% 8.78% 4.03% 1.23% 8.50% 4.95% (3.27%)Aug 12 - Oct 12
Multi-StrategyYtd Avg. 2013 3.93%
Multi-Strategy/AsiaYtd Avg. 2013
4.41%
LIM ASIA MULTI-STRATEGY FUND CLASS AGeorge W. Long
31 Dec 95 Q $1'259MMay 13
36.91 05 Jul 13 0.44% 4.41% 3.57% -0.23% 8.6% 7.74% 5.83% (15.79%)Feb 08 - Nov 08
Multi-Strategy/GlobalYtd Avg. 2013
3.45%
HUDSON BAY INTERNATIONAL FUND LTDHudson Bay Capital Management LP
31 May 06 Q $1'050MMay 13
226.74 03 Jul 13 (0.16%) 3.45% 11.37% 4.31% 8.44% 12.23% 5.14% (3.92%)Nov 07 - Dec 07
Statistical ArbitrageYtd Avg. 2013 2.77%
Statistical Arbitrage/GlobalYtd Avg. 2013
2.77%
A.R.T. INTERNATIONAL INVESTOR (BVI) LtdAaron Sosnick
28 Feb 07 Q $914MJun 13
216.62 03 Jul 13 0.21% 4.86% 5.67% 7.88% 6.75% 12.95% 8.26% (10.48%)Jul 07 - Aug 07
BLUEMATRIX FUND CLASS -A- USDFrank Fehle, Systematic Team
31 Oct 07 M $774MMay 13
140.75 30 Jun13
2.76% 7.00% -2.49% -1.42% 6.45% 6.22% 6.82% (9.96%)Apr 11 - Sep 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 43Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Statistical Arbitrage/GlobalYtd Avg. 2013
2.77%
CAMPBELL GLOBAL ASSETS FUND LTD Class DCampbell & Company
31 Dec 00 M $186MJun 13
1,129.51 05 Jul 13 (1.60%) (3.28%) -10.1% 18.36% 17.47% 8.81% 10.41% (22.98%)Feb 06 - Aug 07
GSA CAPITAL INTERNATIONAL FUND, LTD - CLASS AJonathan Hiscock
28 Feb 05 Q $1'430MJun 13
222.88 05 Jul 13 0.40% 7.05% 3.64% 15.2% 12.08% 10.07% 4.53% (11.91%)Jun 08 - Sep 08
HIGHBRIDGE STATISTICAL OPP. LTD – CLASS APeter Beebee, Jerome Benveniste, Evan Dick, AlainSunier
31 Oct 06 M $729MJan 13
1,284.34 30 Jun13
1.65% (1.77%) 5.2% 3.1% -2.39% 3.82% 10.18% (21.48%)Jun 07 - Aug 07
SystematicYtd Avg. 2013 4.38%
Systematic/EuropeYtd Avg. 2013
12.62%
BLACKROCK EOS CLASS B USD COMPOSITERobert Fisher
28 Feb 02 M $192MJul 13
1,357.63 10 Jul 13 1.58% 12.62% 3.49% -3.11% 13.64% 9.78% 8.72% (14.33%)Jul 07 - Jan 08
Systematic/GlobalYtd Avg. 2013
1.63%
BLACKROCK 32 CAPITAL MASTER FUND SPC, LTD(THE) - A/1Raffaele Savi and Ken Kroner
31 Jul 02 Y / M $975MJun 13
2,020.85 05 Jul 13 1.37% 2.67% 9.41% 24.92% 20.38% 6.64% 7.31% (25.15%)Jun 08 - Sep 09
BRYN MAWR OFFSHORE LTDKenneth B. Gray, Jr. & Stephen L. Walsh
31 Dec 95 Q $117MJun 13
4,942.11 05 Jul 13 (0.24%) 0.99% 6.61% 0.56% 5.96% 9.55% 4.06% (4.11%)Oct 99 - Dec 99
ROSEMONT OFFSHORE FUND LTD CLASS -A-SERIES 1Kenneth B. Gray, Jr. & Stephen L. Walsh
30 Apr 06 Q $266MJun 13
1,899.23 30 Jun13
0.45% 1.23% 6.58% 0.49% 5.96% 9.35% 4.67% (3.63%)Aug 08 - Nov 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 44Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Merger-ArbitrageYtd Avg. 2013 5.95%
Merger-Arbitrage/GlobalYtd Avg. 2013
7.07%
AETOS CORPORATION - CLASS AJason Dahl, Jonathan Spitzer
31 Dec 85 M $96MMay 13
25,854.02 05 Jul 13 0.13% 0.21% 1.25% 4.33% 6.57% 8.86% 11.43% (34.97%)Aug 87 - Oct 87
LION FUND, LTD (THE)Nick Walker
31 Jan 96 M $225MMar 13
41.66 31 May13
4.33% 5.02% 2.36% 4.6% 5.9% 8.48% 9.39% (34.07%)Oct 07 - Feb 09
PAULSON ENHANCED LTDJohn Paulson
30 Apr 01 S $2'200MFeb 13
959.89 30 Jun13
(1.24%) 15.63% 19.6% -21.55% 26.08% 20.41% 16.13% (30.43%)Apr 11 - Sep 11
PAULSON INTERNATIONAL, LTDJohn Paulson
30 Apr 96 M $1'495MFeb 13
833.49 30 Jun13
(0.65%) 7.43% 9.07% -10.17% 12.57% 12.59% 7.95% (15.52%)May 11 - Sep 11
Merger-Arbitrage/USAYtd Avg. 2013
1.46%
GABELLI ASSOCIATES LIMITED - CLASS AMario Gabelli
31 Aug 89 M $119MDec 12
591.09 05 Jul 13 0.15% 1.46% 2.55% 3.03% 6.22% 7.73% 3.28% (6.65%)Oct 07 - Oct 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 45Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
CreditYtd Avg. 2013 7.78%
Credit/EuropeYtd Avg. 2013
7.78%
LNG EUROPA CREDIT FUNDLNG Capital LLP
31 Mar 11 M $53MMay 13
1,180.48 30 Jun13
(2.20%) 7.78% 19.58% -7.79% 7.96% 10.04% (10.12%)Apr 11 - May 12
DiversifiedYtd Avg. 2013 4.79%
Diversified/AsiaYtd Avg. 2013
3.67%
SEGANTII ASIA-PACIFIC EQUITY MULTI-STRATEGYFUNDSimon Sadler & Kurt Ersoy
30 Nov 07 M $736MMay 13
227.99 05 Jul 13 (0.11%) 3.67% 4.81% 40.75% 1.72% 15.85% 7.71% (5.20%)Aug 10 - Sep 10
Diversified/EmergingYtd Avg. 2013
1.00%
CONTRARIAN EMERGING MARKETS OFF FUND LTDXiao Song
31 Dec 05 Q $276MApr 13
284.30 31 May13
1.71% 2.98% 23.2% -7.16% 33.16% 15.12% 14.19% (28.43%)Feb 08 - Oct 08
SPINNAKER GLOBAL EMERGING MARKETS FUND,LTDBradley Wickens
30 Jun 99 Q $1'347MMay 13
1,917.85 30 Jun13
(3.09%) (0.97%) 20.69% -9.31% 12.56% 23.47% 11.79% (33.11%)May 08 - Feb 09
Diversified/GlobalYtd Avg. 2013
4.90%
AHL DIMENSION USD SHARES CLASS BTim Wong, Nick Granger
30 Jun 06 M $50MMar 13
1.43 05 Jul 13 0.63% 1.99% 3.02% -5.83% 16.72% 5.20% 9.58% (10.62%)Dec 08 - Jan 10
ALLBLUE LIMITEDMichael Platt
31 Aug 05 M $8'293MApr 13
191.26 30 Jun13
(2.16%) (0.65%) 5.96% 1.87% 8.06% 8.63% 4.81% (4.51%)Jun 07 - Aug 07
ARROWGRASS MASTER FUNDNick Niell , Henry Kenner
31 Jan 08 Q €2'980MMay 13
156.39 05 Jul 13 0.20% 5.37% 5.6% 0.12% 4.22% 8.58% 4.21% (3.99%)Apr 11 - Sep 11
BLACK DIAMOND, LTD - CLASS B (UNRESTRICTED)Clint D. Carlson
31 Dec 95 Q $99MJun 13
326.10 05 Jul 13 (0.36%) 2.28% 10.27% -0.69% 5.66% 6.98% 4.08% (18.58%)Aug 08 - Dec 08
BLACKROCK MULTI-STRATEGY FUND LTD - CLASS AGrace Gu
30 Apr 05 M $1'477MMay 13
1,488.63 31 May13
0.25% 4.08% 7.86% 2.43% 10.2% 5.04% 5.69% (13.96%)Jun 08 - Dec 08
BLACKROCK CAPITAL STRUCTURE INVESTMENTSFUND LTDChad Meuse, Benoy Thomas
31 Dec 08 M $422MMay 13
123.63 31 May13
3.22% 0.63% 3.74% 22.94% 1.18% 4.92% 7.91% (7.83%)Mar 09 - Apr 09
BLUECREST CAPL INTL LTD A USDMichael Platt
30 Nov 00 Q $12'500MMay 13
429.33 30 Jun13
(2.34%) (2.41%) 5.82% 6.1% 12.82% 12.27% 5.62% (4.83%)May 03 - Aug 03
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 46Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Diversified/GlobalYtd Avg. 2013
4.90%
BOUSSARD & GAVAUDAN HOLDING., LTD ordinarysharesEmmanuel Gavaudan
31 Jan 07 D €567MJun 13
15.32 09 Jul 13 0.66% 4.11% 9.45% -2.59% 11.49% 5.51% 7.13% (20.69%)May 07 - Sep 08
BREVAN HOWARD M/S FUND, LTD – CL. A/USDAlan Howard
29 Feb 08 M $4'783MMay 13
129.92 30 Jun13
(1.10%) 1.72% 4.61% 5.2% 2.12% 5.03% 4.75% (6.29%)Feb 08 - Sep 08
BRUMMER MULTISTRATEGY 2XL, LTD - C -Klaus Jäntti, Patrik Brummer
30 Apr 09 M $434MNov 12
1,268.11 30 Jun13
(3.20%) 2.59% 3.55% 1.02% 5.05% 5.86% 6.75% (6.56%)Apr 11 - Nov 11
BTG PACTUAL GLOBAL EQUITY OPPORTUNITIES FD-B-NNIBTG Pactual Global Asset Management
29 Feb 12 Q $338MMay 13
114.47 28 Jun13
(0.10%) 5.62% 7.42% 9.96% 2.95% (1.50%)Aug 12 - Oct 12
CQS DIRECTIONAL OPP. FEEDER FUND. Ltd – A NIUSDMichael Hintze
31 Jul 05 Q $2'035MMay 13
4,180.56 30 Jun13
(2.04%) 4.21% 35.87% -10.42% 31.45% 19.79% 14.42% (24.58%)Apr 11 - Sep 11
CQS DIVERSIFIED FUND (SPC) LTD ALPHA CLASS BUSDJames Peattie & Peter Warren
28 Feb 07 Q $975MMay 13
1,625.17 30 Jun13
(0.85%) 2.55% 11.4% -3.45% 14.62% 7.96% 7.09% (14.78%)Jun 08 - Dec 08
DOUBLE BLACK DIAMOND LTD - SERIES A(UNRESTRICTED)Clint Carlson
31 Mar 98 Q $2'796 MFeb 13
416.91 05 Jul 13 (0.28%) 3.08% 12.04% -1.07% 9.39% 9.80% 5.38% (17.93%)Aug 08 - Dec 08
GLG MARKET NEUTRAL FUND - CLASS Z USDUNRESTRICTEDSteve Roth
31 Dec 97 M $903MMar 13
879.89 05 Jul 13 0.13% 3.98% 18.4% 0.78% 33.6% 15.04% 15.01% (54.03%)Nov 07 - Dec 08
HALCYON PARTNERS OFFSHORE FUND LTDJohn M. Bader
31 May 04 Q $2'600MDec 12
180.29 30 Jun13
(1.40%) 5.37% 11.24% -5.91% 8.81% 6.70% 5.65% (15.01%)Oct 07 - Dec 08
HIGHBRIDGE CAPITAL CORPORATION CLASS-A-Series N (Composite)Mark Vanacore
31 Aug 92 Q / Y $4'500MJun 13
86,238.55 30 Jun13
0.53% 3.63% 9.78% -5.11% 3.98% 10.89% 7.13% (30.04%)Jun 08 - Nov 08
HUTCHIN HILL CAPITAL OFFSHORE FUND LTDNeil Chriss
30 Jun 08 Q $955MMay 13
1,645.36 05 Jul 13 0.08% 10.30% 11.06% -4.92% 6.91% 10.44% 6.66% (7.63%)Apr 11 - Feb 12
JABCAP GLOBAL BALANCED FUND LTD CLASS D/1 NIPhilippe Jabre
30 Apr 07 W $407MJun 13
174.54 30 Jun13
(6.74%) 13.10% 15.5% -27.33% 3.57% 9.44% 14.99% (35.04%)Apr 10 - Jun 12
JABCAP MULTI STRATEGY FUND LTD CLASS D/1 NIPhilippe Jabre
31 Jan 07 M $499MJun 13
138.36 30 Jun13
(3.62%) 22.04% 11.8% -25.65% 6.5% 5.19% 18.12% (40.20%)Feb 08 - Jan 09
LINDEN INTERNATIONAL LTDJoe Wong
31 May 03 Q $1'180MJan 13
286.37 31 May13
1.28% 8.01% 4.15% -7.84% 24.01% 11.08% 9.77% (24.60%)Feb 08 - Dec 08
LMR GLOBAL OPPORTUNITIES FUND LTD CLASS -A-NI SERIES 1Ben Levine, Stefan Renold, Andrew Manuel
31 Mar 12 M $119MApr 13
115.23 05 Jul 13 (0.50%) 7.30% 7.39% 11.87% 4.52% (1.15%)Nov 12 - Dec 12
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 47Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
Diversified/GlobalYtd Avg. 2013
4.90%
MAN GLG MULTI-STRATEGY FUND CLASS GLuke Ellis and David Kingsley
31 Dec 02 M $208MApr 13
105.64 05 Jul 13 0.25% 5.23% 5.39% -3.59% 13.38% 5.25% 7.57% (30.54%)Oct 07 - Dec 08
MILLENNIUM INTL LTDIsrael A Englander
31 Dec 89 Q $17'820MMay 13
2,444.29 04 Jul 13 0.66% 6.69% 6.32% 8.39% 13.22% 14.54% 4.40% (7.24%)May 98 - Aug 98
PINE RIVER FUND CLASS -B1- SHARESAaron Yeary
31 May 02 Q $2'594MJul 13
3,468.86 05 Jul 13 0.08% 6.91% 21.75% 5.7% 13.87% 11.85% 10.74% (29.16%)Jun 08 - Dec 08
PLATINUM PARTNERS VALUE ARBITRAGE INT. FUNDLTDMark Nordlicht
31 Dec 02 Q $730MMar 13
6,321.78 30 Jun13
1.37% 6.43% 11.91% 19.61% 17.49% 19.19% 4.93% (4.42%)Aug 08 - Oct 08
PORTLAND HILL OVERSEAS FUND LTDPortland Hill Capital LLP
31 May 12 M $110MApr 13
113.61 05 Jul 13 0.02% 5.57% 7.62% 12.34% 3.65% (1.22%)May 13 - Jun 13
QVT OFFSHORE LTD CLASS 1-NRDan Gold
31 Oct 03 Y / Q $2'423MJun 13
2,298.12 30 Jun13
0.80% (0.16%) 14.36% 6.5% 12.16% 8.98% 9.90% (40.35%)Feb 08 - Dec 08
STRATUS FUND LIMITED CLASS BJean-Philippe Bouchaud, Philippe Jordan, Marc Potters,Jacques Sauliere
30 Nov 03 M $4'775MJun 13
2,066.77 05 Jul 13 0.84% 1.69% -2.89% 15.63% 1.56% 7.85% 5.79% (8.14%)Jun 07 - Sep 07
TWO SIGMA HORIZON CAYMAN LTDTwo Sigma Investments, LLC
30 Apr 08 Q $329MApr 13
1,292.96 30 Jun13
0.37% 1.15% 9.29% -13.97% 17.76% 5.09% 9.53% (17.85%)May 11 - Nov 11
VISIUM GLOBAL OFFSHORE FUND LTDJacob Gottlieb
31 Mar 09 M $592MMay 13
285.44 05 Jul 13 0.27% 7.46% 19.52% 1.75% 20.05% 27.87% 10.86% (7.80%)Apr 10 - Jun 10
WEISS MULTI-STRATEGY PARTNERS LLCWeiss Multi-Strategy Advisers,LLC
30 Sep 06 Q $199MJun 13
169.20 30 Jun13
1.17% 6.99% 1.75% -0.15% 4.98% 8.10% 6.89% (17.75%)Jun 08 - Dec 08
Diversified/JapanYtd Avg. 2013
9.76%
LIM JAPAN FUNDGeorge Long
31 Oct 04 Q $239MMay 13
195.88 05 Jul 13 0.68% 9.76% 5.62% 2.73% 14.28% 8.05% 6.00% (10.09%)Jun 08 - Feb 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 48Source - HSBC
InceptionDates
Liquidity AssetSize
Last NAV orIndex
Date MTD YTD 2012 2011 2010 Ann. Return Ann. Vol MaxDrawdown1
ArbitrageYtd Avg. 2013 0.35%
Arbitrage/GlobalYtd Avg. 2013
0.35%
BLUEMOUNTAIN EQUITY ALTERNATIVES FUNDBlueMountain Capital Management
28 Feb 06 Q $617MMay 13
2,181.29 05 Jul 13 0.90% 5.64% 12.24% 7.67% 2.67% 11.19% 6.97% (9.57%)Sep 08 - Feb 09
CASSIOPEIA FUND CLASS CPierre de Saab & Alain Dos Santos
31 Jul 04 M $698MMay 13
230.33 05 Jul 13 0.58% 0.64% 24.85% 6.52% 11.98% 12.90% 10.06% (15.42%)Mar 10 - Jun 10
PIMCO MULTI-ASSET VOLATILITY FUND LTDJosh Thimons, Josh Davis, Matt Dorsten
31 Jul 11 M $922MMay 13
129.36 31 May13
(1.36%) (5.23%) 13.41% 20.36% 15.06% 8.37% (6.36%)Oct 12 - May 13
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 49Source - HSBC
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