JPMORGAN ADDS FORMER BEAR STEARNS RISK ANALYTICS UNIT TO SERVICES

Posted September 2, 2008

NEW YORK – JPMorgan Investor Services has added Measurisk LLC, a risk analytics provider formerly affiliated with Bear Stearns as Bear Measurisk LLC, to its alternative investment services offering.

Measurisk obtains data from more than 1,000 hedge funds with more than $650 billion in assets under management, collectively.

“The addition of Measurisk complements the already strong portfolio of fund administration and back-office services that JPMorgan provides to hedge funds, fund of hedge funds and private equity funds globally,” says Robert Caporale, Managing Director of JPMorgan’s Alternative Investment Services.

Measurisk solutions address risk analytics and reporting needs of funds of funds, pension plans, endowments, foundations and other institutional investors, with sophisticated risk transparency and risk measurement, including value-at-risk, stress testing and position-based analytics, for multi-manager, multi-asset class, global portfolios.

“By leveraging the resources and analytics capability of JPMorgan we will be able to expand our product and our reach in the global marketplace,” says Andrew Lapkin, President of Measurisk. “JPMorgan is a leading, global provider of alternative investment, operation and fund administration solutions and thus represents a perfect home for Measurisk. We look forward to incorporating our risk solutions into JPMorgan’s broad array of client solutions.”