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30 Nov 2006

IncreMental Conference on Asset Classes

IncreMental Advantage, LLC announced today that they will be holding their first conference on due diligence for board members and fiduciaries of pension funds, endowments and foundations on February 6, 2007 at the Harvard Club in New York City.

The conference, which will cover both the role of the board member in selecting investments and sessions on the major alternative asset classes, will bring some of the top experts in many fields together. Last month IncreMental held a 'Hedge Fund Due Diligence Conference' to shed light on all aspects of researching hedge funds. Following the success of that meeting, this one will explain the basics of each asset class.“It isn’t easy to be on the board of a pension fund. You are trying to make sure that you have everything that you need for your fellow employees, but there are so many different options out there,” said Justin Meyer, Senior Research Analyst with IncreMental Advantage. “How do you know when you have the right team? This conference will give you the answers.”

The conference is even more relevant in the wake of the decision by the US Court of Appeals in Chao v Merino. In that case, two pension fund fiduciaries were found to be personally liable for over $175,000 because of the actions of a vender with whom they had contracted. “The court sent a very clear message,” said Meyer. “You have a responsibility to protect the money that is entrusted to you. And if you don’t take that responsibility seriously enough, you are looking at a lot of trouble.”

IncreMental Advantage is a think tank that publishes research developments on issues ranging from hedge funds to advertising to water utilities. Their research is highly regarded among institutional investors and senior executives from all over the world. The world’s largest companies sponsor and send their senior executives to their conferences.

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