Headstart Advisers Cautiously Optimistic About 2011 After Stellar Returns for 2010 and 2009

We can Keep on Recognising Fund Manager Talent, Says CIO Najy Nasser

LONDON, December 22, 2010 - Najy Nasser, Chief Investment Officer of Headstart Advisers, says the
investment firm's outlook for 2011 will mean having to rely again on being
well diversified, nimble and fleet of foot.

Headstart Advisers advises a number of funds, including the investable
Headstart Fund of Funds, which claimed its place at the top of the leader
board of the Investhedge rankings for multi-strategy funds of hedge funds for
the last three, six and twelve months and has returned 13.94% for the year to
date to the end of November 2010.

The investment approach for the Headstart Advisers who run Fund of Funds
is to look for the best risk adjusted returns. It pursues a 'bottom up'
approach to manager selection and combines it with a top down macro analysis
of global markets to determine the correct strategy weightings.

Najy Nasser, CIO of Headstart Advisers, said: "Our aim is to recognise
talented managers early on in their ascent and to keep ahead of the curve by
continually developing our talent for finding the successful funds of the
future. We will work hard so that we can continue delivering high-quality
risk-adjusted returns for our clients.

"Following the hedge fund industry's difficult 2008, we are pleased with
the Headstart Fund of Funds' outperformance. Since the start of 2009 the
investable fund is up 34.28% while the indices we are judged against are up
in the region of 15%."

Najy Nasser also said: "The Headstart Fund of Funds is well positioned
going into 2011 and is diversified across a range of strategies while being
able to adapt quickly to an ever changing investment environment".

Notes to editors about Headstart Advisers

Headstart Advisers Ltd is a financial services company incorporated in
1990, authorised and regulated by the FSA as an investment advisor to the
Headstart family of hedge funds. It advises three hedge funds and a fund of
hedge funds with the common mandate of superior returns with lower volatility
(risk).

The directors of Headstart Advisers Ltd are Najy Nasser and Henry
Watkinson. The firm has its office in Chelsea Harbour, London.

    External PR advisers to Headstart Advisers

    Adrian Flook M:Communications +44(0)20-7920-2388

    Headstart Advisers

    Najy Nasser Chief Investment Officer +44(0)20-7376-5437

External PR advisers to Headstart Advisers: Adrian Flook M:Communications +44(0)20-7920-2388; Headstart Advisers: Najy Nasser Chief Investment Officer +44(0)20-7376-5437