3rd International Adam Smith Institute

http://www.adamsmithconferences.com/XRC28eRSTK

It is with great pleasure that we invite you to take part in the 3rd Annual Adam Smith Institute “Russian Alternative Investment Forum” – a leading international conference for fund managers and investment company professionals!

The full programme and speaker line-up can be downloaded from our website http://www.adamsmithconferences.com/XRC28eINTF

Special 10% discount for all subscribers! Please quote XRC28eINTF when registering online!* http://www.adamsmithconferences.com/XRC28eINTF

New exciting 2009 forum highlights include:

Keynote Presentation from Christopher Granville, Managing Director, Trusted Sources: “What are the expected long-term effects of the global financial crisis on the Russian economy? How will the impact on Russia compare with the experience of its emerging markets peer group? What are the lessons of this crisis for Russia country risk?” KEYNOTE ADDRESS by Jochen Wermuth, Managing Partner, Wermuth Asset Management on The Economic and Political Outlook in Russia SPOTLIGHT ON FUNDS OF FUNDS. Special Presentation by Richard Seewald, Partner, Investment, Alpha Associates Spotlight Presentation on HEDGE FUNDS: The latest trends in hedge fund development in Russia by Simon Fentham-Fletcher, Head of Fund of Hedge Funds, Raiffeisen Bank ANALYSTS PANEL: Will the opportunities in emerging markets bolster investors’ global portfolios? Special focus session: Investment opportunities in the CIS COUNTRIES Guest presentation: Focus on MIDDLE EAST INVESTORS: what factors are driving their growing interest in Russia ? Pre Conference Seminar “ACQUISITION FINANCE” 17 February 2009 Adam Smith NETWORKING ZONE In the light of the global economic crisis, as well as the uneasy times for the alternative investment sector, this year it is more important than ever for all market players to get together for some open dialogue and to search for ways out of these difficult market conditions.

To answer all the worrying questions concerning the Russian alternative investment sector, this year we have gathered an impressive speakers’ panel, which includes top management representatives from such companies as:

Pharos Fund; Siguler Guff & Company; East Capital International; Hexam Capital; AXA Private Equity; Alpha Associates; Capman; Eagle Venture Partners; Baring Vostok Capital Partners; Delta Private Equity Partners; AIG Russia Century Fund; Prosperity Capital; Raiffeisen Bank; Quadriga Capital Russia; IPM Informed Portfolio Management; Wermuth Asset Management; Mint Capital; Da Vinci Capital Management; MacDougall Arts; Icon Private Equity; Eurasia Capital Management; Hedge Funds Investment Management; Halcyon Advisors; Asset Capital Partners and many others.

We simply can’t stress enough the importance of attending this, the leading conference for the market. We have gathered ALL the key players for you and structured the programme in a way that allows for maximum interaction and debate. Therefore you can register with confidence, knowing that you will get great value for money!

We are glad to announce that the company Capital IQ is sponsoring this prestigious business summit. For information on sponsorship or exhibition at this prestigious event, please contact Frank Dewitz by Tel: +44 20 7490 3774, or by email: frank@adamsmithconferences.com.

For latest conference updates and to download the brochure visit

http://www.adamsmithconferences.com/XRC28eINTF

We are looking forward to seeing you in London in February.

Sincerely,

Tatyana Bakhmach, Marketing Executive Tel +44 207 017 7432 Fax +44 207 505 0079 ADAM SMITH CONFERENCES tatyanab@adamsmithconferences.com

http://www.adamsmithconferences.com/XRC28eINTF

*Discount is not valid for persons who have already registered to participate at this conference and/or seminar(s). All discounts can only be applied at the time of registration and cannot be combined. All discounts are subject to approval.