Palos Joins the Scotia Capital Canadian Hedge Fund Performance Index

Date: Wednesday, December 1, 2010
Author: News Release

MONTREAL, Dec. 1 –Recently, the Palos Income Fund L.P. became recognized as a major player nationally. We are proud to announce that our flagship fund is now included in the Canadian Hedge Fund Performance Index, published by Scotia Capital. What’s more, our fund outperformed the equal weighted index since its inception with an annualized return of 7.26% compared to the index at 5.79% for the same period.
 

About the Scotia Capital Canadian Hedge Fund Performance Index
The aim of the Scotia Capital Canadian Hedge Fund Performance Index is to provide a comprehensive overview of the Canadian Hedge Fund universe. To achieve this, index returns are calculated using both an equal weighting and an asset-based weighting of the funds. The index includes both open and closed funds with a minimum AUM of C$15 million and at least a 12 month track record of returns, managed by Canadian-domiciled hedge fund managers.
 

About Palos Management Inc.
Founded in 2001, Palos Management is a boutique financial management firm that offers a variety of investment products and solutions:
• Palos Investment Funds (manages private and public funds)
• Holdun Family Office (provides independent wealth management services)
• Palos Merchant Bank (delivers merchant banking services)
Our mission is to constantly earn our clients’ trust by growing and sustaining their wealth over generations through our creative and intelligent approach to financial management. We are significant investors in all services we offer. Since we are clients as well, our interests are directly aligned with those of our other investors.Headquartered in Montreal, Canada, Palos Management has an international reach through offices in Toronto, New York and Nassau, Bahamas.
 

Media Contact
Alexandra Kaneb
Director, Business Development
T+1.514.397.0188 ext. 289
akaneb@palosmanagement.com