Texas Hedge Fund Association to Host Open Presentation: From Hedge Fund Skeptic to Investor

Business Wire, Oct 18, 2002

Business Editors

HOUSTON--(BUSINESS WIRE)--Oct. 18, 2002

Presentation by Edgar J. Sullivan, vice president of Investment

Research, General Motors Asset Management, with

Cocktail Reception to Follow at Crescent Court, Dallas

Continuing its drive to educate investors about hedge fund investing, the Texas Hedge Fund Association (THFA) (www.texashfa.org) today announced that it is hosting a presentation by Edgar J. Sullivan, vice president of Investment Research, General Motors Asset Management, entitled: From Hedge Fund Skeptic to Investor, at the Crescent Court in Dallas on October 23 at 5:30 p.m.

General Motors Asset Management is one of the largest institutional investors in the world and hedge funds are an important component of its investment strategy. The presentation by Mr. Sullivan on GM's transition from hedge fund skeptic to investor will be informative to active investors as well as potential hedge fund investors alike.

The THFA occasion is generously being sponsored by members John Carlisle of ABN AMRO Securities and Cindy D'Augusta and Lindsay Brown of Bear Stearns & Co. Also contributing is board member Erik Forssman of Ernst & Young LLP.

The event is open to all interested parties and will be the last open event sponsored by the THFA. In the future, the majority of THFA events will be open only to the association's membership.

Serving the hedge fund community in Texas and throughout the greater Southwest, the THFA encourages all interested parties who would like to learn more about the THFA to visit the organization's Web site at www.TexasHFA.org. There, visitors will find biographies of the THFA's board of directors and its officers, details about membership and will have the ability to join online - quickly and easily.

About the Texas Hedge Fund Association

The Texas Hedge Fund Association (THFA) is a well-supported, motivated, and active not-for-profit trade association for the Texas and Southwest hedge fund community whose members include hedge fund managers, high net worth individuals, academics, pension fund investors, family offices, foundations, other institutional investors and vendors (including industry legal, accounting and prime broker representatives). For further information about the THFA, please visit the Web site at www.texashfa.org.