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As from February 2010, Gottex will take over the investment management of the three Constellar fund of hedge funds: the broadly diversified Gemini Funds (US onshore and offshore) and the Constellar Asia Fund. These funds had approximately $150M in assets under management as at 31 December 2009. The more directional Constellar funds will broaden Gottex’s product offering in the US onshore as well as in the offshore sector, in line with Gottex’s long term strategy to evolve into a leading institutional multi-asset manager with a strong core in alternatives and fund of funds.

Constellar’s CEO Ted Wong will join Gottex as portfolio manager of the Constellar funds, become co-PM of the Gottex Tiger Fund and member of the research committee. Ted Wong has an excellent investment background, having previously held senior positions at Credit Suisse, Tiger Management and Goldman Sachs.

Joachim Gottschalk, Chairman & CEO of Gottex commented, “We are very pleased to welcome Ted to Gottex. High quality professionals like Ted will strengthen our investment capabilities, allowing us to further improve the service we provide to our customers. We look forward to working with him and strengthen our directional multistrategy fund of funds offering in the US onshore and offshore markets.”

Ted Wong, founder and CEO of Constellar commented, “I am excited to join Gottex and work closely together with its strong team of professionals. I have been attracted by the intellectual capital and broad investment experience present at the company. Gottex provides an institutional asset management platform with strong investment processes that will allow the Constellar funds to grow and achieve their potential.”

Incorporated in Guernsey, Gottex is the holding company of a leading independent global alternative investment management group whose core business is providing investment management services to a diversified range of hedge funds and funds of hedge funds.

With offices in Guernsey, Lausanne, London, Hong Kong, New York, Boston, Luxembourg, Zurich and Dubai, the Gottex group advises funds that are invested with more than 150 hedge fund managers around the world, investing in a wide range of strategies and geographies on behalf of predominantly institutional investors. As at 30 September 2009, Gottex had USD 8.2 billion of total fee-earning assets.www.gottexholdings.com / investor.relations@gottexholdings.com

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