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April 17, 2006

Credit Suisse/Tremont Hedge Fund Index Completes Semi-Annual Rebalancing for April 2006

New York, April 15, 2006--The Credit Suisse Tremont Index, LLC announced that as of April 1, 2006, the Credit Suisse/Tremont Investable Hedge Fund Index (“INVX”) completed its routine semi annual rebalancing of funds
The rebalancing resulted in the addition and removal of seven funds. The Investable Index is constructed on an objective, rules-based methodology, which includes the following criteria:
  • Funds are selected from the Credit Suisse/Tremont Hedge Fund Index
  • Funds generally represent the six largest eligible "open" funds in each of the ten sectors
  • Funds are determined by application of the Investable Index construction rules

The funds that were added include: Waterloo International Fund Ltd, Discovery Global Opportunity Fund Ltd, Paulson International Ltd, Drawbridge Global Macro Fund Ltd, Eureka (US$) Fund Ltd, and Alexandra Global Investment Fund I Ltd. The new constituent funds were added as of April 1, 2006.

After the rebalancing, the sector weightings for INVX are as follows:

Category Sector Weights
At October 1, 2005 Rebalancing
Sector Weights
At April 1, 2006 Rebalancing
Convertible Arbitrage 8.02% 3.52%
Dedicated Short 0.52% 1.91%
Emerging Markets 4.92% 6.43%
Equity Market Neutral 10.48% 8.13%
Event Driven 14.14% 17.81%
Fixed Income Arbitrage 9.26% 13.79%
Global Macro 8.63% 10.14%
Long/Short Equity 18.08% 13.85%
Managed Futures 12.06% 10.42%
Multi-Strategy 13.92% 14.00%

Credit Suisse Tremont Index LLC is the joint venture company of Credit Suisse Index Co., Inc., a subsidiary of Credit Suisse Inc., and Tremont Capital Management, Inc. Credit Suisse Tremont Index LLC is headquartered at 11 Madison Avenue, New York, NY 10010-3629.

Tremont Capital Management, Inc. is a leading hedge fund asset management firm which provides and manages investment products and customized portfolios, and offers related services, on a worldwide basis. Currently managing approximately $8 billion in assets, Tremont maintains offices in Rye, New York; London; Toronto, Hong Kong and Bermuda.

As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 40,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York. Further information about Credit Suisse can be found at .

Credit Suisse Asset Management business manages portfolios, mutual funds and other investment vehicles for a broad spectrum of clients globally ranging from governments, institutions and corporations to private individuals. It offers investment products across the full spectrum of asset classes, including equities, fixed income, commodities and multiple-asset class products. Credit Suisse offers the full range of alternative investments including real estate, hedge funds, private equity and volatility management.

The asset management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.


Certain statements in this Press Release constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. The Companies assume no obligation to update these forward looking statements to reflect actual results, changes in assumption or changes in other factors affecting such forward looking statements.

For further information:
Oliver Schupp (212) 538-8179
Robert I. Schulman (914) 925-1140

PR Contact:
Meg Bode (516) 869-6610
John Gallagher (212) 325-0932

© 1999-2017 Credit Suisse Hedge Index LLC. All rights reserved.Credit Suisse Hedge Fund Index was formerly known as Dow Jones Credit Suisse Hedge Fund Index from June 22, 2010 to September 15, 2013. Credit Suisse AllHedge Index was formerly known as Dow Jones Credit Suisse AllHedge Index from June 22, 2010 to September 15, 2013. Credit Suisse Blue Chip Hedge Fund Index was formerly known as Dow Jones Credit Suisse Blue Chip Hedge Fund Index from June 22, 2010 to September 15, 2013.