John Paulson to attend Hedge Funds Review Annual Summit in Bahrain

The inaugural session of the event will be attended by Mr. Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain.

In 2007, PCI's "Paulson Credit Opportunities" fund was up approximately 410%, making it the best performing hedge fund of the year. Prior to organizing "PCI" in 1994, John was a General Partner of Gruss Partners and a Managing Director in Mergers and Acquisitions at Bear Stearns. He received his Master's degree in Business Administration with high distinction, as a Baker Scholar, from Harvard Business School, and is a summa cum laude graduate from New York University.

Commenting on Paulson's attendance to the conference, Deepak B. Gurnani, Co-Head of Investcorp's Hedge Funds Program said that, "Paulson's participation in the Hedge Funds summit in Bahrain demonstrates his confidence in the sophistication of the investors in this part of the world, a fact that is demonstrated by their high interest in alternative investments and the new trends of investments in the world."

Ibrahim Gharghour, Co-Head of Investcorp's Hedge Funds Program said: "Paulson coming to Bahrain and his participation in the conference presents a unique opportunity of sharing his knowledge and successful strategy in hedge fund investing."

Taking place at the Ritz-Carlton Hotel in Manama, this is the first hedge fund specific event to come to the Kingdom of Bahrain. Developed in close conjunction with event partners, Bahrain Financial Services Development (BFSD), part of the Economic Development Board, and global alternative asset manager Investcorp, the summit will attract major investors from across the GCC region, with leading fund managers from MENA, Europe, Asia and the US discussing innovative alternative investment strategies.

Areas to be addressed across the programme include a look at the recent legislative developments in the area, an overview of the current hedge funds market in the Middle East, panel discussions on emerging markets, advice on how to successfully set up and market a hedge fund in the region and case-studies on the most effective investment strategies. The three-day summit will also incorporate unparalleled networking opportunities including a unique 'race-day' at the Bahrain International Circuit and a Gala dinner with a celebrity chef flown in especially for the occasion.

Increasingly hedge funds are being utilised in the portfolios of institutional investors and high net worth individuals as an alternative means of maximising returns and increasing wealth. This summit will explore the various strategies that are used and how issues such as geographical location and Shariah compliancy are being overcome in the rapidly growing Middle East market.