Risk Economics, Inc.

David K.A. Mordecai made three presentations at the 11th Annual Global Alternative Investment Management (GAIM) Conference, June 7-9, 2005 in Lausanne, Switzerland at the Beaulieu Conference Center. David K.A. Mordecai presented the Research Paper of the Year: Evidence from Hedge Fund Performance on the Relevance of Credit and Leverage for Investment Capacity and Survivorship Bias.

David K.A. Mordecai was invited to speak at the U.S. Commodity Futures Trading Commission (CFTC) CPO and Commodity Pool Roundtable on April 6, 2005 at the CFTC office in Washington, DC. David K.A. Mordecai spoke on a panel entitled Current and Future Issues, moderated by Kenneth Raisler, Partner at Sullivan & Cromwell LLP. His co-panelists included: David F. McCarthy, Chief

Samantha Kappagoda and David K.A. Mordecai  were invited to present at the 10th Annual Global Alternative Investment Management (GAIM) Conference, June 8-10, 2004 in Lausanne, Switzerland at the Beaulieu Conference Center. Samantha Kappagoda spoke during a plenary session called Products and the Economy on a panel discussion entitled Global Economic Review: The Implications of the Current

David K.A. Mordecai was invited present at the 9th Annual Global Alternative Investment Management (GAIM) Conference, June 10-13, 2003 in Geneva, Switzerland at the Noga Hilton. David K.A. Mordecai presented at the Post-Conference Summit Day on global institutional investment and alternatives chaired by Lawrence Newhook, Associate Portfolio Manager, Alternative Strategies at Ontario Municipal Employees Retirement System.  The

David K.A. Mordecai was invited to present at the 8th Annual Global Alternative Investment Management (GAIM) Conference, June 11-14, 2002 in Geneva, Switzerland at the Hotel President Wilson. David Mordecai led the half-day Master Class on Advanced Structured Credit Products entitled A Comprehensive and Critical Analysis of the Latest Technical and Strategic Developments in How

David K.A. Mordecai was invited to present at the 7th Annual Global Alternative Investment Management (GAIM) Conference, July 2001 in Geneva, Switzerland at the Hotel President Wilson. He presented a technical seminar entitled. Technical Seminar Advanced Topics in Structured Products. The GAIM International conference is the largest and longest running hedge fund event in the