Released on: June 17, 2008, 4:30 am

Press Release Author: Opalesque Ltd

Industry: Financial

Press Release Summary: * Opalesque New York Roundtable offers intriguing insights
into the future of hedge funds * * Expert Hedge Fund Allocators See \"Tremendous
Opportunities In Multiple Asset Classes\" *

Press Release Body: New York, June 17th, 2008 -- Opalesque, the world\'s largest
subscription-based publisher covering the alternative investment industry, has
launched the sixth issue of its acclaimed regional Roundtable scripts, the
"Opalesque New York Roundtable" (download here:
http://www.opalesque.com/index.php?act=static&and=RoundtableNY)

Some hedge funds have already started to position themselves as a merchant bank with
investment banking capabilities to originate structures. This allows the manager to
change cash flows as he wants them, and to be a principal investor. Hedge funds have
started to build their own channels of origination and enter direct lending.

These hedge funds will be able to build a strong financial services company-type
balance sheet - a \"real\" corporate balance sheet to borrow and raise equity against.
Are hedge funds crossing into the banking world? What does that mean for investors
and the financial industry?

Readers of the Opalesque New York Roundtable will get first hand intelligence on:
. What is the future of today\'s hedge funds?
. What is \'permitted disintermediation\'? Will hedge funds be the new banks?
. What will happen in the distressed space? Where is the economy heading?
.\'We are seeing tremendous opportunities in multiple asset classes, some we have not
seen in almost a decade\' - where are these opportunities? Or is the current floor
not a floor at all?
. Why AIG is setting up a hedge fund seeding joint venture now?
The Opalesque New York Roundtable was sponsored by the Abernathy McGregor Group
(www.abmac.com) and took place in their New York office.

Participating Managers:
1.Glenn August, President Oak Hill Advisers LP
2.Tom Priore, CEO of ICP
3.Justin B. Dew, Managing Director, Clinton Group
4.George A. Kellner, Kellner DiLeo & Co., Managing Director, Chief Executive Officer
5.Keith M. Moore, PhD, Kellner DiLeo & Co., Principal, Portfolio Manager, Merger
Arbitrage and Opportunities Funds and Director of Risk Management and Quantitative
Analysis

Participating Allocators:
1.Girish Reddy, Managing Partner of Prisma Capital Partners
2.Antonio Munoz, CEO EIM USA
3.Rob Discolo, Head of Hedge Fund Strategies Group at AIG
4.Kevin Heller, Head of Research, Focus Group

The Opalesque New York Roundtable Script can be downloaded here:
http://www.opalesque.com/index.php?act=static&and=RoundtableNY

All other previously published Opalesque Roundtable Scripts (New Zealand (March
17th), Australia (March 25th), Singapore Roundtable (April 24th), Hong Kong (May
1st), Japan (June 2nd)) can be downloaded here:
http://www.opalesque.com/index.php?act=archiveRT

Matthias Knab, Director of Opalesque Ltd, moderates the Opalesque Roundtables.
Matthias Knab is an internationally recognized expert on hedge funds and
alternatives and has frequently served as chairman of hedge fund conferences in New
York, Tokyo, Shanghai, Hong Kong, Miami, Bahamas, Stockholm, Dubai etc. In addition,
he has presented or moderated at hedge fund events in Sydney, Cape Town, Madrid, and
Bombay, and lectured at numerous universities on the subjects of hedge funds and the
state of the global alternative asset management industry.

About Opalesque:

Opalesque leads the finance media space for its in-depth and innovative products.
Since February 2003, Opalesque is publishing Alternative Market Briefing, the
premium news service on hedge funds and alternatives. The launch of these Briefings
was a revolution in the hedge fund media space (\"Opalesque changed the world by
bringing transparency where there was opacity and by delivering an accurate
professional reporting service.\" - Nigel Blanchard, Culross) combining proprietary
news with the "clipping service" approach of integrating third party news. Each
week, Opalesque publications are read by more than 400,000 industry professionals in
over 100 countries.

Opalesque is the only daily hedge fund publisher which is actually read by the elite
managers themselves (http://www.opalesque.com/op_testimonials.html). For more
information, please go to http://www.opalesque.com.


About Opalesque publications:

Alternative Market Briefing:

A daily newsletter on the global hedge fund industry, highly praised for its
completeness and timely delivery of the most important daily news for professionals
dealing with hedge funds. Alternative Market Briefing offers both a quick overview
and in-depth coverage. Subscribers can also access the industry's largest news
archive ( 27,000+ articles ) on hedge funds and related topics.

A SQUARE:

Opalesque A SQUARE = Alternative Alternatives is the first web publication,
globally, that is dedicated exclusively to alternative investments. A SQUARE\'s
weekly selection feature unique investment opportunities that bear virtually no
correlation to the main stream hedge fund strategies and/or distinguish themselves
by virtue of their \"alternative\" motive - social, behavioural, natural resources,
sustainable /environment related investing.

With its \"research that reveals\" approach, fast facts and investment oriented
analysis, A SQUARE offers diversification and complementary ideas for: private, high
net-worth and institutional investors, pension funds and endowments, portfolio and
hedge funds managers.

Technical Research Briefing:

Delivers three times a week a global perspective/overview on all major markets,
including Equity Indices, Fixed Income, Currencies, and Commodities. Opalesque
Technical Research is unique compared to most available research which is
fundamental in nature, and not technically (chart) oriented.

Opalesque Roundtable Series:

In an Opalesque Roundtable, we unite some of the leading hedge fund managers (single
and multi strategy managers) as well as representatives of the local investor base
(institutions, fund of funds, advisers) to gain unique insights into the specific
idiosyncrasies and developments, the issues and advantages of individual global
hedge fund centers.

No matter if you are a hedge fund investor looking for new talent, a hedge fund
interested in diversifying your investor base or a service provider looking for new
clients, you will get to know some of the leading heads of each hedge fund center
and find invaluable information and intelligence right on your desk, without any
travel involved.

For more information, please go to http://www.opalesque.com



Web Site: http://www.opalesque.com

Contact Details: Opalesque Ltd
Nicosia