KRFS Maintains 'Top Rated' Status in Global Custodian's Annual Survey

MIAMI, Fl, September, 2009 - Kaufman Rossin Fund Services (KRFS) has been awarded "Top Rated" hedge fund administrator status in its peer group in a survey of hedge fund clients conducted by Global Custodian magazine. "Given the turn-over in the top 10, the survey results exhibits the consistency of our organization," says Jorge de Cardenas, co-founding director of KRFS.

Participating in the survey for the second consecutive year, Global Custodian notes, "KRFS has risen to the challenge of matching its astonishing scores of a year ago." This was evidenced by KRFS earning a "Best in Class" ranking in 81 categories, up from 65 such categories in the 2008 Global Custodian survey. KRFS was also recognized as "Top Rated" for the following categories: Single Strategy, Multiple Strategy, <$100M, $100M-$1B, and North America. "We are pleased to see that our clients continue to value our relationship and hold us in the highest esteem while going beyond in fund administration," adds Keith Sharkey, co-founding director of KRFS.

This is the fourteenth annual survey of hedge fund administrators by Global Custodian, the leading magazine covering the international securities services business. Hedge fund administrators in the survey are rated by a sample group of their clients on 71 questions divided into 15 service areas: client service and relationship management, value, fund accounting and valuation, investor services, reporting to investors, reporting to fund managers, compliance and taxation, corporate administration, fund structures, credit/leverage, middle office, OTC derivatives, fund of funds administration, risk management and technology. KRFS was compared to a peer group of firms with similar size and structure.

In its report, Global Custodian said of KRFS, "Its combination of nimbleness and accounting knowledge means the firm is still able to win business from the banking behemoths." The magazine also included enthusiastic quotes from clients such as, "The people they hire are ethical, professional and extremely hard working", and "We have not experienced a weakness at KRFS."

KRFS has offices in Miami, New York, Boston and the Cayman Islands.

About Kaufman Rossin Fund Services
Established in 1994, Kaufman Rossin Fund Services (KRFS) is an independent full-service provider of administration services to the investment community. Born out of one of the nation's top CPA firms, KRFS maintains top-tier technical skills, quality control practices and technology. KRFS "Goes Beyond" its competition by delivering expertise in the complex areas of taxation, accounting standards and financial statement preparation. Clients worldwide rely on KRFS for startup, accounting and valuation, back-office outsourcing, investor services, tax services, customized reporting and corporate services. KRFS has offices in Miami, Fort Lauderdale, Boston, New York and the Cayman Islands. For more information, visit www.krfs.com.