Muirfield Capital Management and Bear Measurisk Announce Risk Monitori

    Business Editors

    NEW YORK--(BUSINESS WIRE)--March 9, 2005--Muirfield Capital Management and Bear Measurisk LLC announced today that they have signed a risk measurement and monitoring agreement. Under the terms of the agreement, Bear Measurisk will provide Muirfield with risk aggregation, measurement and monitoring services.
    Muirfield Capital Management is a hedge fund-of-funds company serving an array of institutional investors and qualified high-net-worth individuals. Bear Measurisk, a leading provider of risk transparency and risk monitoring solutions will aggregate position and exposure information for Muirfield and provide a suite of risk monitoring tools and applications to include exposure analysis, Value-at-Risk analysis, stress tests, risk factor sensitivity and forward-looking correlation analysis.
    "The Bear Measurisk tool is invaluable to the portfolio construction process as it combines strong analytics with an exceptionally user-friendly interface that makes it easy to manipulate and use data," said Jeffrey Mettel, Director of Research at Muirfield Capital Management. "By better identifying and measuring risk in a portfolio, we enhance our ability to make superior asset allocation decisions, examine manager returns and determine levels of volatility." Vince DeGiaimo, Chief Operating Officer of Muirfield, added, "Because this platform offers vital elements in helping to secure strong performance, we look forward to a long relationship with Bear Measurisk and the benefit of their continued commitment to innovation in the risk management arena."

    About Muirfield Capital Management

    Muirfield Capital Management (MCM) is an asset management firm focused on providing innovative investment products for institutional and high net worth investors. MCM and its affiliate MCIC, manage Muirfield Capital Partners L.P. and The Muirfield Fund, L.P. Muirfield's investment approach addresses fundamental changes in the asset management business and provides an alternative to mega investment firms. Muirfield's principals and personnel have served at the most senior levels of leading investment banks and asset management companies with over 100 years of combined experience in the investment community. This experience has produced a unique network of senior Wall Street contacts that provides Muirfield a significant advantage in evaluating investment managers and allows sourcing and access to premier hedge fund talent. Muirfield was founded by its Chairman, John Chalsty and President, Geoffrey Stern.

    About Bear Measurisk LLC

    Bear Measurisk LLC, a majority owned subsidiary of Bear Stearns Asset Management Inc., is a leading provider of sophisticated risk transparency and risk monitoring solutions. Bear Measurisk's independent, third party risk solutions are designed to evaluate and address the diverse risk management needs of pension plans, endowments and foundations, insurance companies, hedge funds and funds of hedge funds. Bear Measurisk maintains separate staff, offices and data center facilities from Bear Stearns. Client confidentiality is Bear Measurisk's highest priority. For additional information about Bear Measurisk, please visit the website at www.bearmeasurisk.com or call 212-490-0500, ext. 1.

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CONTACT: Bear Stearns Asset Management Inc. Abbey Huret, 212-272-8942 ahuret@bear.com

KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING MARKETING AGREEMENTS SOURCE: Bear Measurisk LLC

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