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Alternative Market Briefing

Service Providers: GlobeOp issues first Annual Report following July 2007 listing on the London Stock Exchange, Epitome Global Services expands hedge fund advisory platform, TheBuyList.com unveils beta release of hedge fund transaction database and analytics

Wednesday, April 23, 2008

Opalesque Exclusive: GlobeOp issues first Annual Report following July 2007 listing on the London Stock Exchange GlobeOp exceeded expectations and reported excellent results for 2007. Highlights include:

• Strong growth: $14 billion in new client Assets under Administration (AuA), including $11 billion added in the second half of the year • Revenue expansion: revenues increased 23% for the year • Excellent operating leverage: adjusted operating profit as a percentage of revenues expanded to 23.7%, including 25.4% for the second half of 2007 • Increased productivity: 10% increase in year-end headcount versus 28% AuA growth • Commitment to certified industry-benchmark processes: SAS 70 Type II examination successfully completed • Broader offerings:Transaction Solutions revenue grew from $0.3 million in 2006 to more than $2.5 million in 2007 • Strong cash generation: net cash flow from operations of over $34 million Corporate website: Source

Epitome Global Services expands hedge fund advisory platform Epitome Global Services announced yesterday that it has expanded its advisory service offerings to the global hedge fund industry.

The firm will now offer strategic advice and tactical support to new hedge funds as well as fund of hedge funds in areas such as operational infrastructure setup, identification and evaluation of systems and service provide......................

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