Ashbridge Investment Management Launches the Juniper Street Absolute Return Trust.

PHILADELPHIA -- Charles B. Grace, Jr., Chairman of Ashbridge Investment Management, LLC, announced today the October 1st launch of a diversified fund of absolute return managers, the Juniper Street Absolute Return Trust. Ashbridge is a Philadelphia-based, multi-family office consulting to high net worth clients on a global basis. The firm established the Trust to provide clients access to superior absolute return strategies that focus on skill-based, high-alpha investment opportunities in less efficient markets, which in turn, serves as a diversifier to core fixed income and equity portfolios. Having been evaluating, selecting and monitoring absolute return managers for nearly a decade, Ashbridge understands the risks associated with such strategies and finds itself uniquely qualified to develop a high-quality, diversified vehicle such as the Juniper Street Absolute Return Trust.

In addition to diversification, this Trust differentiates itself through other key attributes. A significant allocation has been made to under-researched, and often overlooked, tax-advantaged strategies to promote more favorable overall tax efficiency along with a discreet enhanced yield component to benefit from a rising interest rate environment. "Absolute return strategies are unique investments that should be receiving more attention from investors in the coming years," suggested Charles B. Grace, Jr. "With the outlook for equity returns somewhat subdued and the expectation that interest rates will rise, an allocation to absolute return strategies, which have a low correlation to equity and bond markets, should be beneficial. Due to the potential risks inherent in some of these strategies it is important to diversify. Therefore, as we have done with certain other asset classes where managers carry high account minimums, we have created a trust to provide access to a variety of strategies at a very reasonable threshold for our clients."

The Juniper Street Absolute Return Trust is designed to provide diversification and access to Ashbridge's select universe of absolute return managers with favorable minimum investment requirements. The Trust also offers an attractive fee structure in a market known for its layering of high fees. For Ashbridge clients, there is no additional layer of either management or performance fee levied by Ashbridge, beyond their standard consulting fee. Grace explained that this structure enhances the offering by both removing any conflict of interest Ashbridge might otherwise have in using its internally created vehicles and by enhancing client portfolio returns. "We view this as a meaningful value-added service to our clients as opposed to simply another product offering," he noted. As with all other Ashbridge select managers, the Grace Family has aligned its interests with investors by making a significant co-investment in the Trust at its launch. The Juniper Street Absolute Return Trust is the fourth commingled vehicle created by Ashbridge to provide such favorable diversification and access to superior managers. The first three include the Ashbridge Small Cap Trust launched in 1995, the Broad Street Hedged Equity Trust formed in 2002, and the Ashbridge International Equity Trust established in 2004.

Ashbridge was founded as a single-family office to manage the wealth of the Grace family over 40 years ago. Services were expanded in 1992 to offer investment expertise to other high net worth investors. Today, Ashbridge is carrying forward the Grace family's legacy of preserving and expanding wealth. It continues to function as the Grace family office, serving the fifth generation of the family as well as over forty other private clients in the United States and abroad. Ashbridge specializes in asset allocation, manager selection, performance monitoring and family wealth advisory services for substantial families as well as endowments and foundations. For each client, Ashbridge develops a customized asset allocation program designed to meet all client investment objectives. The program is then implemented by providing the client access to the world's leading money managers with expertise in over 25 investment styles and strategies. Managers are selected if they pass through extensive quantitative and qualitative analysis and, once assets are allocated, their ongoing performance is carefully monitored. Communication on portfolio performance monitoring is provided quarterly to clients in customized, consolidated reports and through personal meetings. For information on the Juniper Street Absolute Return Trust or Ashbridge, contact Charles B. Grace, Jr. at 215-568-6610 or e-mail at [e-mail]. Visit us on the web at www.ashbridge.com.