Cantor Fitzgerald Investment Advisors To Manage Cadogan Management Fund Of Hedge Funds

New York, NY – December, 12 2011 – Cantor Fitzgerald, L.P. (“Cantor”) a leading global financial services firm, and Cadogan Management, L.P. (“Cadogan”) today announced that the Boards of Directors of certain Cadogan-managed investment vehicles have approved investment management agreements under which Cantor Fitzgerald Investment Advisors (CFIA) has been or is expected to be engaged as new manager of the funds.  Certain members of Cadogan’s investment and client service team have joined Cantor.[br] [br] Reflective of Cantor Fitzgerald’s continuing growth, the transaction further broadens the scope of capabilities and services Cantor offers clients.  Cantor has expanded its headcount this year by more than 200 professionals, notably in such areas as credit trading, leveraged loans and fixed- income sales. Focused on a cross-market capital structure strategy, Cantor intends to continue to grow its fixed income and equity capital markets and investment banking businesses in 2012. [br] [br] “As many financial firms struggle in this volatile market environment, Cantor is making great strides across a broad range of businesses. We are committed to being a leading provider in the alternative asset management and advisory space,“ said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. “Cadogan has earned a well-deserved reputation, and we look forward to building out a full alternative investment capability to service institutions and high net worth investors around the globe, while furthering our position in the marketplace through our deep global infrastructure.”[br] [br] CFIA will continue to provide a highly customized approach for investors ranging from new portfolio construction in the multi-manager space, to providing analysis of illiquid assets or partnership interests and executing its liquidation. [br] [br] About Cantor Fitzgerald[br] [br] Cantor Fitzgerald, a leading global financial services firm at the forefront of financial and technological innovation, has been a proven and resilient leader for over 65 years. Cantor is continuing to grow its capital markets and investment banking businesses. Serving more than 5,000 institutional clients around the world, Cantor is recognized for its strengths in institutional equity and fixed income sales and trading and for its expanding presence serving the middle market with investment and merchant banking services, prime brokerage, and commercial real estate financing.  Cantor Fitzgerald also is a leader in new businesses and marketplaces including gaming technology, e-commerce, and other ventures. Cantor Fitzgerald & Co. is one of 21 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York.  Cantor Fitzgerald’s 1,400 employees serve clients through over 30 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East.  For more information please visit aws-dev1.cantor.com.[br] [br] Note to Editors: Cantor Fitzgerald, L.P. is the parent entity of Cantor Fitzgerald & Co.[br] [br] Contact                                              [br] Sandra Lee[br] Cantor Fitzgerald[br] 212 610-2297[br] slee@cantor.com