Kaufman Rossin Fund Services Rated Top Hedge Fund Administrator

"Astonishing debut" in Global Custodian's annual survey

Click here to see survey results

MIAMI, Fl, September, 2008 - Kaufman Rossin Fund Services (KRFS) has been named the top hedge fund administrator in its peer group in a survey of hedge fund clients conducted by Global Custodian magazine.

In what Global Custodian called "an astonishing debut" for the firm, which provides outsourced back-office operations and fund administration, its clients rated it at or near the top in every service category.

"We're particularly proud of this recognition because it comes from our clients," said Keith Sharkey, co-founder and officer of KRFS. "We started Kaufman Rossin Fund Services to meet the needs of investment firms seeking top-notch quality, service and value. It's very gratifying to know our clients agree."

This is the thirteenth 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 12 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 and technology. KRFS was compared to a peer group of firms with similar size and structure.

In its report, Global Custodian said "scores from a sizable client sample fall somewhere between excellent and perfect in all but two service areas, where they are merely very good." The magazine noted that KRFS "parentage" from the accounting firm Kaufman Rossin & Co. has enabled the firm to add auditing liaison, tax and financial statement preparation and reporting services to its offering.

KRFS has offices in Miami, Fort Lauderdale, 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.