Discover the hottest new vehicles for investing in alternatives The world's first event dedicated to managed accounts for the hedge funds universe. The pioneering Managed Accounts Europe programme has been developed alongside the leading players in the drive towards increased transparency and liquidity in the hedge funds world. “Advanced managed accounts represent the most sophisticated approach to investing in hedge funds and are the result of increasing awareness of the real risks involved. It is also a straightforward way for investors to access a platform that benefits from years of experience and allows costs to be shared across a large number of investors.” Jean-René Giraud, CEO, Edhec-Risk Advisory       Click here to download Jean-René Giraud's research paper: 'Mitigating Hedge Funds' Operational Risk - benefits and limitations of managed accounts platforms' Click here to download John Cunningham's (President, WR Capital Management) research paper: Hedge Fund Investments using managed accounts Benefits of attending Understand managed accounts and how best to use them Discover the benefits of a fully transparent managed accounts platform for investors Learn how to successfully run managed accounts alongside a flagship fund Hear fund of hedge fund managers debate the pros and cons of using managed accounts See how prime brokers can understand and meet the needs of their clients Make sense of the connectivity between managed accounts and portable alpha Key questions answered How will managed accounts match up to conventional hedge fund investing? Are managed accounts the future for hedge fund indices? Can managed accounts really deliver? Is there an adverse manager selection process? Click here for the full conference programme> Registering for Managed Accounts Europe 2006  – FREE of charge to qualifying investors (Free registration is given to pension scheme trustees, pension managers, endowments, foundations and charities - subject to approval by Terrapinn - who register before 1st August 2006) Click here to download the free fax back form or contact Sarah Pegden on +44 (0)20 7242 2324 or at sarah.pegden@terrapinn.com Managed Accounts Europe 2006 attendee profile> Why sponsor Managed Accounts Europe 2006> De-mystifying managed accounts The managed accounts provider (eg: CASAM) acts as the investment manager of a fund of pooled investor's assets, and delegates its trading activity to a hedge fund manager.   For the end investor a managed account platform catches the attractive hedge fund performance while offering more transparency in the underlying strategy, thorough risk monitoring of trading activity and better liquidity.

Expert speakers include: Register today and save! click here ”In the simplest terms, instead of handing a cheque over to a manager who claims to invest it in X, Y or Z instruments according to a stated strategy, investors give the cheque to a custodial account manager by a trustee, usually offshore. The trustee then maintains responsibility for all movements of funds.” John Bonaccolta, Financial Times, 20 February 2006 NETWORKING OPPORTUNITIES  Pre-arrange your meetings with other attendees and access the documentation online! Meet all participants in a one hour networking session! Get the answers to the questions relevant to you!

Call Robert Marten today on +44 (0)20 7827 5981 to discover the sponsorship and exhibition opportunites available at Managed Accounts Europe 2006.

The press coverage: "Growth in total assets undermanagement in managed accounts is booming" www.institutionalinvestor.com, January 2006 "Highly valued by investors, separately managed accounts are poised for further strong growth" Business Wire, November 2005