100 Women in Hedge Funds

Inaugural Gala CELEBRATING MENTORING Wednesday, June 13, 2007 IN SUPPORT OF THE ’S TRUST

HONOURING GAY Huey Evans Tribeca Global (Europe) Ltd. 100 Women in Hedge Funds’ European Industry LEADERSHIP Award

Michael Hintze CQS 100 Women in Hedge Funds’ EUROPEAN Effecting Change Award Inaugural London Gala Check-In/Cocktail Reception

Opening Remarks Kristen Eshak, The Blackstone Group Gala Chair 100 Women in Hedge Funds European Leadership Award presented to Gay Huey Evans, Tribeca Global Management (Europe) Ltd. by Effie Anagnostopoulos, Chair, London Board 100 Women in Hedge Funds European Effecting Change Award presented to Michael Hintze, CQS by Heather Lockhart, Vice Chair, London Board

DINNER

Introduction of The Prince’s Trust Dr. Herta von Stiegel The Prince’s Trust, Women’s Leadership Group Live Auction Philip Hook, Sotheby’s Making a Difference Anne B. Popkin President, 100 Women in Hedge Funds

DESSERT

Presentation of Cheque to The Prince’s Trust Olivia Bernard, Global Advisors Treasurer and Chair of Charity Selection, London Board Closing Remarks Kristen Eshak, Gala Chair Live Band Alphaspin Table of Contents

100 Women in Hedge Funds Board of Directors 3 About 100 Women in Hedge Funds Inaugural London Gala Committee 4

Honourees 5

Patrons, Friends of 100 Women 6

100 Women in Hedge Funds London Angels 7

Live Auction, Committee 8

Auctioneer 9

Auction Rules 10

Auction Lots 11-21

Auction Donors 22

Special Thanks 23 BOARD OF DIRECTORS

Mimi Drake, Defiance Asset Management, LLC Kristin Fox, HedgeWorld Dana B. Hall, D. E. Shaw & Co., L. P. Carol Kim, Lehman Brothers Anne B. Popkin, President, 100 Women in Hedge Funds Mindy Posoff, NewMarket Capital Partners LLC Eve Teich, Silver Point Capital Joan Werner, Ramius Capital

Amanda Pullinger, Executive Director, 100 Women in Hedge Funds

ABOUT 100 WOMEN IN HEDGE FUNDS

100 Women in Hedge Funds is a global association of more than 6,000 professional women. Through the volunteer efforts led by our members, we make a difference in our industry and community with unique educational programming, professional development initiatives and philanthropy.

3 Gala Planning Committee

CHAIR

Kristen Eshak, The Blackstone Group

London board champion

Heather Lockhart, Polygon Investment Partners

Committee members

Effie Anagnostopoulos, 100 Women in Hedge Funds Lizanne Atherly, Baltic Asset Management Olivia Bernard, Global Advisors Jodi Bisson, Liability Solutions Amanda Cantrell, Hedge Fund Intelligence May Chong, Deloitte Abear Elsayed, Lazard Asset Management Zeynep Meric, Aspect Capital Viktoria Orizarska, KBC Alternative Investment Management Ltd. Claire Perryman, TriAlpha Investment Advisors Sascha Proudlove, The Blackstone Group

4 Honourees

GAY huey evans

Ms. Huey Evans, president of Tribeca Global Management (Europe) Ltd, will receive the 100 Women in Hedge Funds’ European Industry Leadership award. She is a risk management expert who worked for many years in senior positions at Bankers Trust and chaired the International Swaps and Dealers Association from 1994 to 1998 before heading the markets division at the UK's Financial Services Authority for seven years. More recently, she has helped build out Tribeca into a premier multi-strategy hedge fund platform within Citigroup. In February 2006 Ms. Huey Evans was appointed to the European Commission’s Expert Group on Alternative Investment Funds. In 2004, Ms. Huey Evans was appointed chairman of the Joint Forum, a group of experts working under the umbrella of the Basel Committee on Banking Supervision (BCBS), the International Organization of Securities Commissions (IOSCO) and the International Association of Insurance Supervisors (IAIS). She holds a BA from Bucknell University in Economics.

michael hintze

Mr. Hintze, who is founder and Chief Executive Officer of CQS, will receive the 100 Women in Hedge Funds' European Effecting Change award for his philanthropic activity. Hintze established CQS in 1999 and the firm, one of the largest hedge funds in Europe, now manages over US$6 billion. Over the last several years, the Hintze Family Charitable Foundation has made awards to educational and health programmes and the arts, including The Prince's Trust, The Prince's Foundation, Trinity Hospice, The Evelina Children's Trust, the Victoria and Albert Museum's Sculpture Galleries, the Vatican Museums' Pauline Chapel and the University of Sydney.

5 Inaugural London Gala Sponsors patrons

Albourne Partners Limited Altima Partners LLP Barclays Wealth Bear Stearns International Limited The Blackstone Group International BlueBay Asset Management plc BNP Paribas Hedge Fund Relationship Management Brevan Howard Asset Management LLP Citco Fund Services Citi Alternative Investments Citi Prime Finance CQS Dresdner Kleinwort The EIM Group Eton Park Fortis Prime Fund Solutions HSBC Private Bank UK Ltd JP Morgan Prime Brokerage KBC Alternative Investment Management Maple Securities (UK) Ltd Morgan Stanley Polygon Investment Partners LLP SISU Capital The Tudor Group UBS

friends of 100 women in hedge funds

Avendis Investment Management Park Hill Group Deutsche Bank Pequot Capital Gerson Lehrman Group Reuters Katten Muchin Rosenman LLP Sotheby's Lehman Asset Management Taconic Capital Advisors Omni Partners LLP Tellurian Capital Management LLC Palmer Capital Trafalgar Asset Managers 6 Saluting Our Angels 2007 london angels

Elena Ambrosiadou, IKOS Asset Management Effie Anagnostopoulos Olivia Bernard, Global Advisors Lea Blinoff, HSBC Private Bank Janie Chen, TriAlpha Investment Advisors Nicola Horlick, Bramdean Asset Management LLP Joanna Kalmer, Ashmore Investment Management Limited Angela Osborne, Dresdner Kleinwort Heather Lockhart, P olygon Investment Partners Anne B. Popkin Amanda Pullinger, Pullinger Management, LLC Selina C.Y. Siak, Quantiva Capital Limited Meline von Brentano, The Caedmon Group LLC Shonda Warner, Chess Capital

7 Live Auction inaugural london gala auction committee chair

Lizanne Atherly, Baltic Asset Management

auction committee and gala members

Abear Elsayed, Lazard Asset Management Edina Elek, Commercial First Mortgages Linda del Rio Jansson, BNP Paribas Omotunde Lawal, Standard Bank Nagla Naguib, Pioneer Alternative Investment Management Ma yumi Yumagachi, Rockhampton Management Diana Arakelyan, Citco Fund Services Aida Bekele, Goldman Sachs Prime Brokerage Nathalie Simond, Pequot Capital Management

8 Live Auction auctioneer - philip hook

Philip Hook is a Senior Director in the Impressionist and Modern Art Department at Sotheby’s. He originally joined Christie’s picture department in 1973 with a degree in the History of Art from Cambridge University. From 1980-87 he was head of Christie’s 19th Century Picture Department. In 1987 he left to co-found The St. James’ Art Group in London, dealing in European 19th and 20th century pictures. In 1994 Mr Hook joined the Impressionist and Modern Art Department at Sotheby’s. He has appeared regularly on the BBC TV programme Antiques Roadshow as a picture expert and is the author of Popular 19th Century Paintings (1986) and five successful novels set in the art world: Optical Illusions (1993), The Stonebreakers (1994), The Island of the Dead (1995), The Soldier in the Wheatfield (1998) and An Innocent Eye (2000).

9 Live Auction Rules

All bids are binding. 1.

Bids must start at the minimum bid and must be made in the increments 2. dictated by the auctioneer.

Auction items are subject to specific restrictions as dictated by the 3. auctioneer and as displayed in the auction catalog. Items may not be exchanged unless expressly indicated in the auction catalog. Other restrictions may apply.

The highest bidder on an item will be awarded a congratulations and 4. payment form immediately following the live auction.

Auction checkout will be done on June 14th. Payments will be remitted at 5. that time. Personal cheques will be accepted.

10 Auction1. Art in London Lots lucy dickens modern art painting & private studio visit

You can own a contemporary piece from Lucy Dickens, the great-great-granddaughter of British literary genius Charles Dickens. Dickens is well known for her moody and atmospheric paintings of every day life; she uses light and shade to achieve a unique dramatic effect. She began her artistic career in 1990 following her experience as a fashion stylist and an illustrator and has had over a dozen solo exhibitions and numerous mixed exhibitions in London and the UK, which established her as an artist. Dickens is following in the long lasting artistic traditions of her family, and the lucky bidder will also have a chance for a private studio tour with Dickens.

TOUR OF SIMMONS AND SIMMONS ART COLLECTION WITH STUART EVANS

Simmons & Simmons has been collecting modern and contemporary art for more than fifteen years. Like the firm, the collection has grown increasingly international. Nonetheless, it remains true to its original objective of supporting young artists, early in their careers, by acquiring significant work. Their aim has been to bring to young artists a showcase beyond the galleries in which their work is usually seen and to provide the opportunity to engage with some of the most interesting elements in contemporary art. Over the years, the collection has become increasingly international, with work by American, Australian, Dutch, French, German, Irish, Japanese and South African artists, including Turner prize winners Michael Raedecker and Wolfgang Tillmans. You and eight guests can enjoy a private viewing of this renowned collection with Stuart Evans as your personal guide. Stuart Evans has been a partner at international law firm Simmons & Simmons since 1981 and has been responsible for assembling a major collection of contemporary art for Simmons & Simmons. Between 1997 and 2000 Stuart was chairman of the Tate Patrons of New Art and in 2001 was a juror of the Turner Prize. In 2006 Stuart and his son John began acquiring works of art for the Lodeveans Collection, a new international collection of contemporary art which aims to provide a resource for public institutions.

11 Auction Lots TOUR OF SOTHEBY’S PRIVATE ART COLLECTION & LUNCH for 10

A lunch for 10 in the boardroom at Sotheby’s with a three-course meal with wine for up to eight guests and two Sotheby’s experts followed by a tour of a Sotheby’s collection sale in 2008. Among the highlights of the Sotheby’s international sale calendar in 2008 are the major impressionist, modern and contemporary art sales held at New Bond Street in February. The increasingly popular Russian contemporary art sales will also be held in February 2008. Other departments holding sales through March are furniture, prints, jewellery, wine, modern British paintings, 19th century paintings and decorative arts. There is certainly a sale to please every taste, and after your intimate lunch in the Sotheby’s Boardroom you will be taken on a private tour of one of the above sales with the expert of your choice. This prize will be available from February 2008 onwards. 2. NY Fashion with Donna Karan

DONNA KARAN SPRING FASHION SHOW IN NEW YORK & MAYFAIR/NEW YORK STORE SHOPPING EXPERIENCE

The Donna Karan Collection is a modern system of dressing created to appeal to women’s senses on every level. This exclusive collection embodies the ultimate in luxu- ry, sensuality, comfort, and creative expression and is founded on an intuitive understand- ing of women’s needs and desires. You and a guest can have this experience firsthand at the Donna Karan Spring 2008 fashion show in New York and can complete your fashion journey with a private champagne brunch and shopping experience for you and five friends at a Donna Karan boutique in either London or New York. This will include a catered champagne brunch in the garden, a 20% shopping discount on all purchases made throughout the morning, and an exclusive Donna Karan gift for all attendees. Valid at either 46 Conduit Street or 819 Madison Avenue through October 1, 2007. Shopping brunch date sub- ject to availability. Fashion show offer expires October 2007.

12 Auction Lots tour for 10 of new york fashion now exhibit at the victoria and albert museum with curator sonnet stanfill

You and nine guests get a private, guided tour of the V&A exhibit New York Fashion Now. The exhibit displays the work of the latest generation of New York fashion design- ers. It brings together designs by 20 of the most talented and innovative designers from the numerous independent fashion labels launched between 1999 and 2004. The display will feature around 60 outfits together with accessories, and designs range from sporty daywear to glamorous evening wear and will be arranged in five themes: sportswear chic – showing practicality combined with ornament and luxury, atelier –couture designs that reveal highly accomplished craftsmanship and techniques, avant-garde – the more radi- cal side of New York fashion, and menswear and celebrity – looking at the role celebrity has played in the success of some of the labels. Some designs on display include Zac Posen’s 'Underwater Gown', spring/summer 2007; a Proenza Schouler trouser suit, spring/summer 2007, and a Maggie Norris corset and evening skirt, spring/summer 2007, to name a few! Sonnet Stanfill is curator of the V&A’s spring 2007 display, ‘New York Fashion Now’. Sonnet is curator of 20th century and contemporary fashion at the V & A, a post she has held since 1999. She was curator of the V&A‘s Ossie Clark display (2003) and has published and lectured on various aspects of contemporary fashion design. Before coming to the V & A, Sonnet worked as a fashion buyer in New York and San Francisco. Dates subject to availability.

Top off your experience with luxurious PALOMA PICASSO: 18k gold cufflinks from Tiffany’s designer Picasso and Burberry perfumes and leather bound picture frame

Paloma Picasso is a celebrated jewellery designer and daughter of the artist Pablo Picasso. She designs jewellery for her own renowned brand, Paloma Picasso, and has designed for Tiffany and Co. for over 20 years. These unique 18-karat gold cufflinks were inspired by her dear friend Manolo Blahnik and were designed especially for The Prince’s Trust. This auction lot gives you the rare opportunity to bid for your very own unique Picasso creation.

13 Auction3. Pure Indulgence Lots

Celebrity chef Brian Turner invites you for dinner for two at his restaurant in the Millennium Hotel (London)

Brian Turner is one of Britain's most successful and well-known chefs. In addition to running highly respected restaurants in the UK, he has become a successful television personality, appearing regularly on 'Ready Steady Cook' and 'Daily Cooks'. On June 15th, 2002 in the Queen's Birthday Honours, Brian was awarded a CBE for his services to tourism and training in the catering industry, making a visit to the Palace to receive his gong. In April 2003 Brian launched ‘Brian Turner Mayfair’ at the Millennium Hotel London Mayfair. The restaurant serves modern British food within a relaxed and comfortable environment. You and a guest will enjoy a five- course dinner of Brian’s choice and he will join you during dinner to have a glass of wine. Here’s your chance to exchange cooking tips with a legendary British chef!

Rock On! Two tickets to the Ray LaMontagne concert at Royal Albert Hall (November 5th 2007) & two tickets to a John Mayer concert plus a backstage meet and greet (next London show)

Grammy Winning artist John Mayer is hitting the road this summer to support his platinum selling record, CONTINUUM, and two lucky people will have the chance to meet him backstage at his next London show. Over the course of his career, the guitarist/vocalist/songwriter has sold more than nine million albums including his 2001 breakout, the quadruple-platinum Room For Squares, 2003's Heavier Things (which debuted at #1 on the Billboard Top 200 the week of its release and featured the Grammy-winning Song Of The Year, "Daughters"), his critically acclaimed work with the John Mayer Trio on Try!, and, most recently, the best-selling Grammy-winning CONTINUUM. Room For Squares, Heavier Things, and CONTINUUM have each earned Grammy Awards for John, bringing his career Grammy total to five. Try!, his live recording with the John Mayer Trio, earned a Grammy nomination for Best Rock Album. Most recently, Mayer was selected as one of Time Magazine’s Most Influential People of 2006.

Ray LaMontagne, the New Hampshire born singer and songwriter, is coming to the UK this fall to London’s Royal Albert Hall. LaMontagne was acclaimed for his 2004 RCA Records debut, “Trouble” and has just released his sophomore act “Till the Sun Turns Black”. LaMontagne was nominated for "International Breakthrough Act" at the 2007 . Generously donated by Mick Management.

14 jangminsook:Auction champagne Lots ring

Jangminsook is a contemporary boutique that offers a wide selection of luxurious and elegant jewellery designed by Minsook Jang. The unique designs are simply breathtaking and are limited edition, made with the highest quality precious stones. The collections have an ‘East-meets-West’ flair that is a testament to Minsook’s Korean background, and whilst the designs are bold and striking, they are light and easy to wear. Celebrity clientele include Natasha Kaplinski, , Jane Asher, and Lorraine Chase.

The Champagne series is a contemporary and fun design that is also very elegant and versatile so that it can be worn day to night. The ring is made with 18k white gold set with five brilliant diamonds and 11 chocolate diamonds. The ‘Champagne’ ring is one of Jangminsook’s most popular designs and is a limited edition number for this series. Minsook created this stunning design with the hope that it will bring good fortune to the lucky owner -- that she will blessed with wonderful surprises, and that each day will be a celebration. 4. London Culture

Tea with Lord Young at the House of Lords for four & a private tour of The House of Lords

As well as being Chairman of The Prince’s Trust Development Board, Lord Young is Chairman of Young Associates Ltd., which works on behalf of major British companies on infrastructure projects across the world and provides venture capital for start-up projects. His career has covered business, politics and the civil service. Lord Young was Secretary of State for Employment, then Secretary of State for Trade and Industry during the Thatcher years.

Tea at the Ritz for two with Brenda Blethyn

Tea at The Ritz is an institution, and it is generally served in the famous Palm Court. Enjoy its signature hospitality and famous cuisine, including a choice of several varieties of tea, finely cut sandwiches, freshly baked scones, jam and clotted cream and a range of delicate pastries, while cosseted in lovingly refurbished, Louis XVI style. You and a guest will join Brenda Blethyn for tea at the world famous hotel. Star of stage and screen, the incredibly talented Ms Blethyn was born 1946 in Ramsgate, Kent, England. Brenda was awarded an OBE (Order of the British Empire) by her Majesty Queen Elizabeth II, in the 2003 New Years Honours List. Brenda performed for several seasons at the National Theatre before winning the London Critics' Circle Theatre Award for Best Supporting Actress in 1980 for the play Steaming. In the same year, she was cast by director Mike Leigh in his Grown Ups, the start of a professional relationship, which would later earn both huge acclaim. She has also appeared on Broadway. 15 Auction Lots Top off your cultural experience with a trip to London’s legendary Royal Opera House

The Royal Opera House in Covent Garden, home to The Royal Opera and The Royal Ballet, is a landmark building of London and one of the most high tech performance spaces in the world. The lucky winner will enjoy a private backstage tour before a performance of their choice to see how the magic gets created and will be brought to the wings at the curtain calls for a potential meet and greet with cast. See London’s legendary Royal Opera House as you have never seen it before! Tickets for show are not included in this package. 5. Ladies Who Love Speed

F1 Super Car memorabilia

Receive exclusive Formula 1 memorabilia, including one male and one female jacket, cufflinks, and an umbrella. You will also receive two caps and computer accessories, all signed by F1 Champs Nico Rosberg and Alex Werz.

Salon Privé Super Car Ladies Day Garden Party for 10

Salon Privé, the UK’s most fashionable automotive garden party, returns to the grounds of one of the UK’s most exclusive private members’ clubs, The Hurlingham Club, on 11th – 13th July 2007. Performance Events Ltd. is delighted to support ‘100 Women in Hedge Funds’ and has provided 10 tickets to the Salon Privé Ladies Day on 12th July. Spectacular new cars await those visiting Salon Privé 2007, with models such as the Bentley Brooklands, Rolls-Royce Drophead Coupé, Maserati GranTurismo and the Lamborghini Murciélago LP640 Roadster, to name but a few. The day commences at 11.00 a.m. and will include access to all of the Supercar and Super Brand display areas, the Ferrari Bar, the Supercar group bar, investment wine tasting by Berry Bros, Pimms reception, BBQ/buffet lunch, and afternoon tea with an exciting ‘It Raffle’ comprising a number of special lots including jewellery, travel, beauty and a special away.

16 Auction Lots Finally, be treated like a VIP at St Martin’s Lane Hotel, London

St. Martin’s Lane and GlobalGuestlist have the pleasure of offering you and a guest a complimentary VIP weekend. From its dazzling location at the hub of Covent Garden, West End theatres and Trafalgar Square, St. Martin’s Lane is a dramatic and daring reinvention of the urban resort. Smart, witty and sophisticated, its design is a brilliant collision of influences - from the modern to the baroque - that suffuses the hotel with energy, vitality and magic. Valid through 30th Dec 2007. Must be taken on a Friday & Sunday or Saturday & Sunday night. Generously donated by GlobalGuestlist Concierge Services. GlobalGuestlist has been London’s foremost concierge company for over seven years, supplying leisure and entertainment services from around the world to a demanding, referral-only clientele. 6. British Icon

A Private Lunch in the presence of Baroness Thatcher

Margaret Thatcher was Britain's first female Prime Minister and served three consecutive terms in office. She is one of the dominant political figures of 20th century Britain, and Thatcherism continues to have a huge influence. You and a guest can join Baroness Thatcher and a few other select guests for lunch on 11th July 2007 at a central London location. 7. Royal Tour

Tour for ten around his royal highness Prince Charles’ exclusive Highgrove Gardens & signed book by Hrh

HRH The Prince of Wales is delighted to offer a signed copy of The Garden at Highgrove with a guided tour, for 10 people, of his private gardens at Highgrove. Your visit will include a tour of the garden with one of His Royal Highness’s experienced guides, which will last for approximately 1.5 hours. The book, which HRH The Prince of Wales has signed, will give you a taste of what is to come. The tour will be followed with champagne and canapés, and you will also have the opportunity to visit the unique Highgrove gift shop, which has exclusive products that have been specifically selected by HRH The Prince of Wales and are based on different aspects of his garden and his life. The tours will take place on a weekday between May and September. HRH The Prince of Wales may not be in residence on the day of the tour. This auction lot has been kindly donated by HRH The Prince of Wales.

17 Auction Lots 8. Winter Wellness

Your journey begins in with a fabulous Verbier Experience: a four-day quick fix ski clinic and spa

Chill out in Verbier this winter while perfecting your skills on the slopes. Intouch Lifestyles offers this retreat, which provides a haven for peace and tranquillity, spoiling your body with spectacular walks and clean mountain air. The lucky bidder will have four nights of self-catering accommodation in a private furnished studio; two half-day ski lessons with ski guru Niko de Rohan, former coach to the New Zealand Alpine & Freestyle Ski Teams; a life coaching or personal training consultation with Niko and a deep-tissue massage with luxurious spa therapy in Les Bains de Lavey (www.lavey-les- bains.ch). Spend an afternoon relaxing in the healing waters of Les Bains de Lavey, Europe’s warmest natural spa. The Lavey-les-Bains Spa & Resort combines well-being, tranquillity and health to provide its guests with a soothing sense of getting away from it all and is the perfect place to recharge your cells. In addition to hydrotherapy treatments tapping the virtues of the spa's thermal waters, the diversity of massages featured in their "World of Relaxation" program will delight you as they are inspired by ancient techniques and developed over time in distant lands. Complete your spa experience with a goodie bag of luxury spa items generously donated by Bliss Spas. The successful bidder may chose any four nights between 12th-24thDec 2007 or 2ndJan-16thMar 2008. Please note that they will be required to finance their own transport, lift pass and winter sports insurance. Booking must be made at least 1 month in advance.

Your journey continues in London with two one-to-one yoga therapy & two Ayurvedic or holistic massage sessions from Yogoloji and two one-hour Lee Saxby fitness consultations

Yogoloji’s London studio provides holistic consultations and welcomes you for this treat! Lee Saxby is a biomechanical specialist who has spent the last 15 years studying with the world’s leading researchers in the fields of biomechanics, nutrition, athletic training, evolutionary biology and functional medicine. The consultations will cover structural assessment, metabolism and weight loss consultations, movement correction, training, and sports injury rehabilitation. Lee will give you a programme to aid your personal journey towards optimal health and fitness. Your second session will be one month later and will follow up and refine your development programme. Lee is now a Technical Director overseeing the course programme at Wildfitness. Wildfitness provides fun, cutting-edge courses that focus on physical transformation, using intelligent training techniques to help you re-discover your natural vitality, strength and agility.

18 Auction Lots Finally, warm up your winter with a cooking lesson from the Benares Restaurant’s Michelin star chef

Benares Restaurant, London has the pleasure in offering a complimentary Advanced Master Class for two with Michelin star Chef Atul Kochhar, who has kindly opened his kitchen to people wanting to discover more about the contemporary approach to Indian cooking. Generously donated by GlobalGuestlist Concierge Services. Valid through 30th Dec 2007. 9. Sports Nuts!

GOLF: A day at the exclusive private, members-only Wisley golf club for up to three people with a round of golf plus lunch with Denis Pugh (Colin Montgomery’s personal coach and Sky golf commentator). The Wisley is a haven for golfers with a passion for the game. Established in 1991, The Wisley is a 27-hole masterpiece designed by Robert Trent Jones Jr., one of the world’s leading course architects. The outstanding presentation of the course compares with the best in the world, from well-manicured tees and fairways to immaculate bent grass greens. Off the course, there are state of the art practice facilities, and the clubhouse provides the highest standards of service and cuisine. The coaching staff is led by Master Professional Denis Pugh. Pugh is coach to Colin Montgomery and has worked with other tour winners and Ryder Cup players earning him a place amongst the game’s very best. In 2005, the PGA honoured him as one of only four “master” professionals. The lucky bidder can exchange tips with a master! Special thanks to Baltic Asset Management for donating this spectacular lot.

C omplement your golfing experience with two tickets and VIP hospitality passes for the Quinn Direct British Masters Golf Tournament

This tournament is a major highlight on the European Tour and one of the biggest events in the UK sporting calendar. This year, it takes place at the world famous Belfry, West Midlands, from Thursday 20 - Sunday 23 September 2007. You and a guest are invited to have behind the scenes access and potential meet-and-greet possibilities with the tour’s professional golfers! This lot was generously donated by HSBC Private Bank. football: Two executive box tickets to any Manchester United Premier League Game until May 2008. Top it all off with two tickets to see the Premiership champions! Tickets donated by aAim Group Plc.

19 Auction Lots 10. Delicious and Decadent

Inn or Out Caterers

The award-winning Inn or Out catering team will wow you and seven guests in your home for dinner. Founder and Managing Director Lena Björck and Head Chef Ryan Clement will work their magic on a bespoke gastronomic meal that will leave you and your guests spellbound. Inn or Out will provide the food for a menu you approve and will bring along waiting staff. This offer will be for a mutually convenient date, and must be taken before June 2008 and within the M25.

Small Luxury Hotels

Small Luxury Hotels of the World (SLH) in association with The Prince’s Trust, is delighted to donate a three-night stay for two people at any of their hotels anywhere in the world. SLH is an exclusive brand of more than 400 exquisite, luxury, independent hotels offering an infinite variety of memorable experiences in 65 countries around the world. Whether travelling for business or leisure, with SLH you will encounter only the very best.

Two-day cruise on a luxury yacht in the Greek Islands for three couples

Enjoy a luxurious two-day cruise in the Greek Islands on either Mistral Blue or Phoenician Blue, both part of the PA Lemos Yachting fleet. Both yachts have the latest navigation equipment and come with all the toys, including water and jet skis. The captain and his crew will provide the highest level of service for a maximum of three couples, and basic food and Greek wine is included. You and guests can choose between two fabulous yachts for your adventure. M/Y The MISTRAL BLUE was built in Cannes and is made of triple mahogany, is 34 metres (110 feet) and has a speed of 20 knots. All bedrooms have en suite bathrooms. M/Y The PHOENICIAN BLUE is 28 metres long, and is also made in triple mahogany. All bedrooms have en suite bathrooms. Your choice of yacht is subject to availability, but Lemos Yachting will make every effort to accommodate you and your guests. This prize can be taken at any time of the year, subject to availability; however, Lemos have especially blocked out August for the winner of this auction lot as they know that this is the most popular holiday month. Fuel costs are not included.

20 Auction Lots 11. Make a Difference

Pledge for The Prince’s Trust Women’s Leadership Group!

The Prince's Trust Women's Leadership Group is an innovative fundraising initiative with a dedicated committee of leading, influential women committed to raising funds to help young people get their lives back on track. Their mission is to involve more people in the Trust’s work and to motivate supporters to help them help more disadvantaged young people than ever before.

21 Donors auction donors

AAim Group Plc Baltic Asset Management Limited Baroness Thatcher Benares Restaurant Bliss Spas Brenda Blethyn Brian Turner/The Millennium Hotel Burberry Donna Karan GlobalGuestlist Concierge Services HRH The Prince of Wales HSBC Private Bank Inn or Out Caterers Intouch Lifestyles JangMinsook Lucy Dickens Mick Management Morgan Hotel Group Mr. & Mrs. N Lemos - Lemos Yachts Paloma Picasso Royal Bank of Scotland Rt Hon Lord Young of Graffham Salon Privé Simmons & Simmons Small Luxury Hotels of the World Sotheby's The Prince's Trust The Ritz Hotel London The Royal Opera House The Victoria and Albert Museum The Wisley Golf Club Wildfitness Yogoloji

22 Special Thanks to... ALLCOULOURS PRINTERS

ALPHASPIN

KIRKLAND & ELLIS international LLP

THE MARSTAN PRESS LIMITED

PRINT MEDIA

SOTHEBY’S

SPIKE LISEIKO PHOTOGRAPHY

THROGMORTON CORPORATE MANAGEMENT SERVICES

23 conditions of business for the 100 women in hedge funds inaugural london gala and auction to be held on june 13th, 2007 at the royal courts of justice

The property offered in this sale and listed in this catalogue will be sold by the 100 Women in Hedge Funds, Limited (“100WHF”), registered with the Companies House under number #06057707. Any questions in relation to the auction should be directed to 100WHF and not to Sotheby's, which serves merely as auctioneer for 100WHF in conducting the sale and participates on the following terms and conditions which govern the sale of all the property offered (as amended by any posted notices or oral announcements during the auction):

1. (a) Neither Sotheby's nor 100WHF assumes any risk, liability or responsibility for the authenticity or the authorship of any property identified in this catalogue (that is, the identity of the creator or the period, culture, source or origin, as the case may be, with which the creation of any property is identified herein).

(b) All property is sold with all faults and imperfections and errors of description and neither Sotheby's nor 100WHF makes any representations or warranties of any kind or nature, expressed or implied, with respect to the property and in no event shall either of them be responsible for the correctness of any descriptions of property, nor be deemed to have made, any representations or warranties of physical condition, size, quality, rarity, importance, genuineness, attribution, authenticity or provenance of the property. No statement in the auction catalogue or other description made at the sale, in any sale invoice or elsewhere, shall be deemed such a representation or warranty.

(c) Prospective bidders should inspect the property before bidding to determine its condition, size and whether or not it has been repaired or restored.

(d) Property may be offered subject to reserves.

2. Any property may be withdrawn by Sotheby's or 100WHF at any time before the actual sale.

3. Unless otherwise announced by the auctioneer at the time of sale, all bids are per lot as numbered in the catalogue.

4. Sotheby's and 100WHF reserve the right to reject a bid from any bidder. The highest bidder acknowledged by the auctioneer shall be the purchaser. In the event of any dispute between bidders, the auctioneer shall have sole and final discretion either to determine the successful bidder or to re-offer and resell the lot in dispute. If any dispute arises after the sale, the sale records of the 100WHF shall be conclusive in all respects.

5. If the auctioneer determines that any opening bid is not commensurate with the value of the property, he may reject the same and withdraw the property from sale, and if, having acknowledged an opening bid, he decides that any advance thereafter is insufficient, he may reject the advance.

6. On the fall of the auctioneer's hammer, the highest bid¬der shall be deemed to have purchased the offered lot subject to all of the conditions set forth herein and thereupon (a) assumes the risk and responsibility thereof, (b) will sign a confirmation of purchase thereof and (c) will pay the full purchase price or such part as 100WHF may require. 100WHF will not release a lot to a successful buyer until payment of the total amount due has been made.

If the foregoing conditions and other applicable conditions are not complied with, in addition to other remedies available to 100WHF by law including, without limitation, the right to hold the purchaser liable for the bid price, 100WHF, at its option, may either (a) cancel the sale, retaining as liquidated damages all payments made by the purchaser or (b) resell the property on three days notice to the purchaser and for the account and risk of the purchaser, either publicly or privately, and in such event the purchaser shall be liable for payment of any shortfall between the original sale price and the price achieved upon resale, all other charges due hereunder and any incidental damages.

7. Payments for purchases must be made in Sterling and in the following forms; cash, cheque (backed by cheque guarantee card) and all major credit cards.

8. In the case of commission bids or bids transmitted by telephone, Sotheby's and 100WHF are not responsible for errors or omissions arising out of or resulting from mechanical difficulties or failure.

9. In no circumstances will Sotheby's or 100WHF rescind any purchase made or refund the amount paid in respect of any lot.

10. Neither shipping nor delivery costs are included in the price at which a lot is knocked down by the auctioneer to the buyer.

11. These Conditions of Sale, as well as the purchaser’s, 100WHF and Sotheby’s respective rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of England and Wales. By bidding at an auction, whether present in person or by agent, commission bid, telephone or other means, the purchaser shall be deemed to have consented to the exclusive jurisdiction of Courts of England and Wales. 24 Thank you for helping us make a difference.

www.100womeninhedgefunds.org Registered charity,number 1079675, incorporated by Royal Charter.

Persuading you that he isn’t just a useless, troublesome waster isn’t the problem. It’s how do we persuade him?

You can offersomeone a job, but what if they don’t want a job? You can offersomeone training, but what if they don’t wanttolearn anything? Why bother? That’s what a lot of young people in Britain think.‘There’s no point trying atschool becauseitwon’t get me a job afterwards’costhere aren’t any jobs.’ Or: ‘There’s no point in taking some poxy job that pays less thanmy bene?ts.’ Or: ‘I’ll never get a jobbecause I’ve already got a record, so there’s no pointstaying out of trouble now.’

At The Prince’s Trust we understand, but we don’t agree.We think that every young person hasthe potential to achieve something in their life.We help100 more young people every day. The success of those we’ve helped in the past can help giveothers the motivation, con?dence and determination they need. With that, they canmake the most of the support,guidance, and the chance tolearnnewskills.

Over 70% of them go on to ?nd workortraining. Thousands have started their own businesses. And 93% of them actuallyrecommend us toother people they know. Theyrecommend us because we’ve helped them make a difference to their lives. We helped them realise their potential. If you’d like more information call 0800 842 842 . Orvisit princes-trust.org.uk

JobNo : 39180_2 Publication:Size:I210x148 ns date:Proof No: 1