Capricorn Nominated by Financial News

In the upcoming awards for Excellence in Hedge Fund Operations, Capricorn is nominated in the category for Best Operator in Managed Futures, Single Manager.

New York, NY, June 08, 2007 --( During May this year Capricorn reached the final nominations stage for the Single Strategy Hedge Funds shortlist of the new Financial News awards. These awards will provide a forum at which the European Hedge Fund industry will, for the first time, gather to be honoured by Financial News and industry peers for excellence in hedge fund operational capabilities and efficiencies.

The idea behind these awards is to highlight a growing area of importance in the hedge fund investment arena, namely the operations and back office functions which help in the smooth running of investment activity. The nomination, which Capricorn shares with Aspect Capital and Ikos, is within the single manager section and specifically within the managed futures category.

Financial News, provides regular online updates throughout the day, 5-days a week, with sharp, concise and timely editorials. Combined with their weekly newspaper, with in-depth comment and analysis every Monday, Financial News delivers the news to the financial services industry.

Capricorn is an established currency manager with clients that include; Banks, Institutions, Investment Funds and HNWIs. As of 2007 Capricorn’s discretionary programs, which were renamed to Capricorn fxST (Growth) and fxST (Aggressive), have a combined AUM of over $50 million. The strategy has an eight year track record and has over the years been included in; Deutsche Bank’s FXSelect, SE Banken’s currency platform, ABN Amro’s FX Directory, Parker Global Strategies currency index, and the Mercer Currency Index.

For further information please access their website at;

Capricorn Advisory Management
Mike Rasmussen
0041 44 340 0080