New York Hedge Fund Roundtable Endorses Wolters Kluwer Financial Services’ Compliance Tools for Hedge Funds

NEW YORK – May 10, 2010 – The New York Hedge Fund Roundtable (NYHFR), a membership community of more than 1,000 hedge fund professionals, investors, and professional service firms, has agreed to endorse compliance solutions provided by Wolters Kluwer Financial Services, a leading provider of risk and compliance content, technology and services for financial services organizations.

Wolters Kluwer Financial Services’ offerings endorsed by NYHFR include:

• Policies and Procedures for Hedge Funds – Assembles, records and updates hedge fund written supervisory procedures manuals
• Compliance Resource Network – a suite of regulatory solutions that consolidate financial laws, regulations and commentary from across the globe, including:
  • Hedge Fund and Private Equity: Regulatory and Risk Management Update – Reports on the latest regulatory and legislative developments affecting hedge funds and other private pools of capital
  • Federal Securities Law Reporter – Provides full text and analysis of the Securities Act of 1933, the Securities Exchange Act of 1934, Investment Company Act of 1940, Investment Advisers Act of 1940, the Sarbanes-Oxley Act of 2002, and other federal securities laws, as well as the regulations and forms of the Securities and Exchange Commission (SEC)
• Examiner – Monitors employees’ personal trading activities, as well as gifts and entertainment received or provided by employees
• Capital Changes – Provides daily coverage of U.S. and international corporate actions and their tax and cost basis impact on fund portfolios and fund investors

The strategic alliance also provides the framework for NYHFR and Wolters Kluwer Financial Services to jointly produce and sponsor a series of educational programs on topics relevant to the hedge fund community.

“This relationship furthers NYHFR’s mission to educate its members by helping to make regulatory resources more accessible to the legal and compliance departments of hedge funds,” said Young Lee, CFA, chair of the Legal, Ethics & Best Practices Committee at NYHFR. “With compliance demands for hedge funds anticipated to grow at a rapid rate, we are confident that these solutions will help us build on that commitment and support our members as they manage additional regulatory scrutiny.”

For more information about Wolters Kluwer Financial Services’ offerings for hedge funds, visit www.complianceresourcenetwork.com.

About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a market-leading global information services company focused on professionals with annual revenues (2009) of €3.4 billion ($4.8 billion), approximately 19,300 employees worldwide and operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Visit our website, YouTube or follow @Wolters_Kluwer on Twitter for more information about our market positions, customers, brands, and organization.

About New York Hedge Fund Roundtable
The New York Hedge Fund Roundtable offers a forum for the exchange of information and ideas that will enlighten participants about topical issues. Participants in the hedge fund community are also provided a dynamic setting to identify new professional opportunities. Our initiatives will result in attendees profiting from stimulating and innovative ideas (including best practices) and useful information, contact with colleagues and development of higher ethical standards. For more information about the New York Hedge Fund Roundtable, please visit www.newyorkhedgefundroundtable.org.