Focus Investment Group selects Riskdata for Fund of Fund Risk Management

September 21, 2005, Hamilton, Bermuda -Focus Investment Group, a leading, global fund of hedge fund firm with approximately $1 billion in assets under management, announced today that it has selected Riskdata's FOFiX risk management product to enhance its extensive risk management systems. FOFiX allows fund of fund managers to aggregate all available information about individual hedge funds across the entire portfolio, while treating them as a distinct asset class.

Mazen Jabban, CEO of Focus Investment Group, commented:

"Since its inception in 1994, Focus has continually invested enormous amounts of time and capital to develop the unparalleled risk management systems which enable us to collect position-level data from our underlying managers. With over 10,000 positions in our proprietary database at this time, Riskdata will enable us to reinforce the quality of our already strong manager monitoring system through computing the overnight risk of our transparent portfolios, integrating the dynamic behaviour of each underlying manager and highlighting the key drivers of their risks and returns over a longer time frame."

Headquartered in Bermuda with offices in New York and London, Focus has made a major investment in understanding its managers' underlying positions, with over 10,000 positions on its proprietary database.

Olivier le Marois, CEO of Riskdata, added:

"We're delighted to be working with an industry leader such as Focus.
Focus will be integrating FOFiX alongside the highly sophisticated --and
truly unique-- system infrastructure they have developed in-house. Focus's
decision to deploy Riskdata's FOFiX demonstrates its flexibility for
managers with varying approaches to risk management. FOFiX will give Focus
both comprehensive risk transparency on the positions of each manager, with
the capability to generate high frequency risk reports, and, crucially, an
understanding of its own long term risk transparency, which incorporates
the dynamic behaviour of its managers based on treating hedge funds as an
asset class."

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