Tuckerbrook to Provide Daily Transparency to Hedge Fund Clients

Marblehead, MA - January 26, 2009

Tuckerbrook Alternative Investments announced today that the firm will offer its hedge fund investors daily asset transparency statements. These statements, which will be prepared and delivered to each client by the funds' independent administrator, Citi Hedge Fund Services, will provide investors with the daily market value of assets in their capital accounts. The service was developed by Tuckerbrook and Citi Hedge Fund Services to give investors enhanced transparency and assurance that their money is where it is suppose to be.

"In light of the impact 2008 is having on the hedge fund business, transparency is the most important enhancement the industry can embrace," said John Hassett, Managing Principal of Tuckerbrook. "Tuckerbrook has always used third-party prime brokers, administrators, and auditors in order to provide independent verification of fund activity so it made sense to us to have daily asset transparency reports distributed directly from Citi Hedge Fund Services to underscore the importance to both independent asset pricing and more frequent transparency. Although unique in the industry now, we would expect this level of reporting to become standard practice in the future."

Under the new reporting system, clients will be provided daily asset transparency statements specifying cash balances and aggregate fair market values of long securities and short securities on a T+1 basis. This new statement will enhance the existing monthly reports generated by the administrator and Tuckerbrook's monthly Insight Report, which details top holdings, sector exposure, capitalization breakdown, return attribution and other important portfolio data.

According to Moses Grader, Chief Operating Officer of Tuckerbrook, “Ninety percent or more of all hedge fund investments are in co-mingled fund structures, with only the largest investors having daily accountability through separately managed accounts. Daily transparency at the client account-level, delivered by a trusted third party, is a major step up in accountability to those investors that don’t have an SMA.”

About Tuckerbrook Alternative Investments, LLC

Tuckerbrook Alternative Investment is a registered investment advisor focused exclusively on alternative investments, including direct hedge funds, specialty fund-of-funds, and emerging managers. The firm is headquartered in Marblehead, Massachusetts, with offices in Stamford, Connecticut and New York City. More information on Tuckerbrook is available online at: www.tuckerbrook.com

Media contact:

Tucker Hewes, Hewes Communications, Inc., (212) 207-9451, tucker@hewescomm.com

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