| FOR IMMEDIATE RELEASE
Barclay Group Acquires AAC Database
Will Create World’s Largest Hedge Fund Database
FAIRFIELD, Iowa, September 5, 2006 – The Barclay Group, a leading
independent provider of alternative investment research data,
announced today that it has purchased the Alternative Asset Center
(AAC) database, creating the world’s largest database of hedge fund
performance.
“Integration of AAC and Barclay data will enable us
to provide up-to-date monthly performance figures on nearly 7,000
hedge funds,” said Sol Waksman, founder and president of The Barclay
Group. “Our internal database now maintains information on over
12,000 alternative investment vehicles.”
According to current industry estimates, there are
10,500 active hedge funds with more than USD 1.4 trillion in
combined assets. Analysts expect hedge fund assets to triple during
the next decade.
“Given the dramatic growth of hedge funds in recent
years, sophisticated investors need up-to-date and reliable tools to
properly evaluate this sector,” says Waksman. “Barclay will now be
able to deliver accurate and timely performance data on more hedge
funds than any other provider in the industry.”
The combined resources of Barclay and AAC will be
utilized to produce the 6th annual Directory of Fund of Hedge Funds
scheduled for release in November and to maintain an exhaustive
product line that includes analysis software, proprietary indexes,
publications, reports, and electronic data feeds.
The Barclay Group was founded in 1985 to increase
transparency in hedge fund and managed futures investing and has
created 26 proprietary indexes. Barclay provides hedge fund and CTA
performance data to institutional investors, brokerage firms, and
private banks worldwide.
AAC was established in 1999, and quickly
constructed the largest proprietary fund of hedge fund database in
the industry. Three well-known AAC products will be added to
Barclay’s product line: the annual Directory of Fund of Hedge Funds,
the Fund of Hedge Funds DataFeeder, and the Alternative Investment
Manager DataFeeder.
“Barclay is perfectly positioned to expand and
diversify our existing product offerings,” said Nicolas Berner,
Chief Operations Officer of Alternative Asset Center. “Consolidation
directly benefits our combined subscriber base, and broadens support
for the asset managers who rely on our services.”
For more information please contact:
The Barclay Group
+1 641 472-3456
info@barclaygrp.com
www.barclaygrp.com
About The Barclay Group
The Barclay Group, founded in 1985, currently
tracks more than 6,000 hedge funds and managed futures programs.
Barclay has created and regularly updates 18 proprietary hedge fund
indexes and eight managed futures indexes. Institutional investors,
brokerage firms and private banks worldwide utilize Barclay’s
indexes as performance benchmarks for the hedge fund and managed
futures industries.
About Alternative Asset Center
AAC was established in 1999 to provide accredited
investors with specialist information on multi-manager hedge funds
and released the industry’s first Directory of Fund of Hedge Funds
in 2001. AAC has quickly grown to become the largest proprietary
hedge fund of funds database in the industry. | 
