Hedge Fund Center Survey Determines Internet Fosters Transparency In Hedge Fund Industry Heralds HedgeFundEvents.com, the first platform uniting conference attendees with providers

A majority of affluent investors say the Internet is succeeding in providing greater transparency, according to an informal survey conducted by Hedge Fund Center, an industry website dedicated to hedge fund education.

HOUSTON, TX, April 24, 2002 -- More than 67 percent of affluent investors questioned in a new survey conducted by Hedge Fund Center (HFC) (www.hedgefundcenter.com) indicated that the Internet is fostering greater transparency in the hedge fund industry. Sixty-one percent indicated they are more likely to invest in a hedge fund after accessing hedge fund data on the Internet. Furthermore, the study also determined that 81 percent of the surveyed investors still believe professional and personal relationships play a greater role in hedge fund investing than the Internet.

HFC, an online platform that provides objective, educational information about hedge funds, surveyed its membership comprised of accredited investors and financial professionals in January 2002. The survey focused on the respondents awareness of hedge fund information on the Internet and the degree to which that data influences their investment decisions.

Our survey confirms that investors view the Internet as a positive factor in promoting transparency from hedge funds, yet they are still reticent about making investment decisions based solely upon that information," said Brian McQuade, principal of Hedge Fund Center. Personal and professional relationships continue to play a crucial role with investors decision making processes."

In tandem with the announcement of its survey results, Hedge Fund Center introduces Hedge Fund Events (www.hedgefundevents.com), the first online resource connecting attendees with the providers of hedge fund conferences and seminars.

With the confusion created by the high number of hedge fund and related financial industry conferences that have emerged in recent years, Hedge Fund Events addresses the need for a single destination where interested parties can access information and register to attend conferences -- quickly and easily -- on a single Internet site.

About Hedge Fund Center

Hedge Fund Center (www.hedgefundcenter.com) and Hedge Fund Events (www.hedgefundevents.com) are owned and operated by Fund-Investors, LLC. Online since 1996, the mission of Hedge Fund Center is to provide superior, objective educational information on all matters related to hedge funds. It seeks to help hedge fund investors gain a more thorough understanding of relevant theoretical and practical investment and business issues; it likewise seeks to provide hedge fund managers with an unbiased forum for disseminating accurate, meaningful information about their funds. Transparency is the Center's touchstone on all matters. Further information about Hedge Fund Center, its products, services and related web sites can be found at www.hedgefundcenter.com.

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For Information, contact:

Tom Augenthaler, Hedge Fund Center
Phone: 713/305-5908
tom@hedgefundcenter.com

Brian McQuade, Hedge Fund Center
415/474-4263
brian@hedgefundcenter.com (preferred)