Epitome Global Services Expands Hedge Fund Advisory Platform

NEW YORK, April 22, 2008--(BUSINESS WIRE)--Epitome Global Services announced today 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 providers, and ongoing operational support. In addition, Epitome will advise hedge fund clients on operational risk frameworks to identify the likelihood of potential loss events, analyze their potential business impact, and develop risk mitigation processes.

“Investors are demanding a higher level of transparency from hedge funds and fund of funds with respect to the level of due diligence performed in selection and integration of robust, people-independent processes and technology,” said Raju Panjwani, chairman and chief executive officer of Epitome Global Services. “Operational risk is a timely issue and investors require hedge funds to have demonstrated superior platforms. Our new service offerings help hedge funds achieve the operational excellence they need to succeed.”

Epitome recently completed an engagement with a new, multi-strategy hedge fund where it played a key role in helping the client set up an operational platform into which manager teams “plug and play” and reap the benefits of straight-through-processing. “The company is in talks with several other global hedge funds to provide similar advisory services,” Panjwani said.

About Epitome Global Services

Based in New York, with a strategic delivery centre in Mumbai, India, Epitome offers a wide range of services to asset managers including hedge funds. Epitome’s client offerings include bespoke research and analytics services, middle and back office support including risk management solutions, independent price verification and over the counter (OTC) derivatives valuation, fund services and advisory services. The company was founded in late 2005 by Raju Panjwani, a former managing director at Morgan Stanley.