Subject: Top performing hedge funds 07 through 6/10.
From: "Neil Callahan" <[email-masked]>
To: "Arlene Busch" <[email-masked]>, "Devon Archer" <[email-masked]>, "Hunter Biden" <[email-masked]>, "Eric Schwerin" <[email-masked]>
Date: Fri, 30 Jul 2010 09:29:45 -0400

Hi guys,

Take a look at this list of hedge funds.  A very short list of funds that
have made money every year since 2007 and are making money this year
(through 2010).

Adding some of these funds as clients and part of the Fund of Fund would
seem attractive to potential investors.

Arlene - have you screened any of these funds?

Best,

Neil

Hedge Fund               YTD*  2009  2008  2007  TOTAL
                                                 RETURN**

Rubicon Global           15.2  14.9  44.8   6.8   105
Perella Xerion***         3.4  35.3   0.3  38.8   95
Bluecrest Capital         9.3  45.4   6.3  10.8   87
Waterstone                2.4  49.3  12.1   7.5   84
Brevan Master             1.5  18.7  20.4  25.2   82
COMAC Global Macro        4.1  14.9  30.7  10.7   73
EMF Fixed Income          0.8  11.2  22.0  16.6   59
Banyan Capital            5.1  11.5  14.4  16.5   56
Capula Relative Value     6.7  12.3   9.6  18.0   55
Galena                    6.3  12.7  21.6   2.9   50
Argonaut                  1.5  10.1  12.3  18.1   48
King Street Capital       1.4  20.1   2.5  17.3   46
Denali Partners           9.6   4.2  19.2   6.7   45
Caxton Global             4.0   6.2  12.9   1.1   26
Brownstone Catalyst       0.6   7.5   7.0   6.8   23

*through June 2010
**total=cumulative return from January 2007 to June 2010
***YTD and total through May 2010

-- 
Neil Callahan
Rosemont Seneca Partners
917-945-951