Company Aveon Group LP

The Aveon Group L.P. (Aveon) is an investment management company focused on acquiring controlling interests in the general partners or managing members of a diversified group of hedge funds, which it refers to as its manager affiliates. The Company seeks to acquire its interest in each of its six initial manager affiliates, which has investment track records ranging from 5 to 19 years. Each of Aveon's manager affiliates has assets under management (assets under management or AUM) of less than $1 billion and generally focuses on a single investment strategy. The Aveon Group L.P. has formed wholly owned subsidiaries to serve as the general partners of the three Aveon Holdings partnerships: Aveon Holdings I GP Inc., Aveon Holdings II GP L.P. and Aveon Holdings III GP L.P. As of March 31, 2010, the eight funds managed by these six manager affiliates had aggregate AUM of approximately $1.9 billion. Aveon Management L.L.C., an investment management company is Aveon's general partner.