Hatteras Funds Expands Investment Management Team

RALEIGH, N.C., May 15, 2012 /PRNewswire/ -- Hatteras Funds ("Hatteras"), a boutique alternative investment specialist providing unique alternative investment solutions for financial advisors and their clients, announced that Thomas Riegert, CFA, has joined the firm as Associate, Portfolio Management. In this role, Mr. Riegert will support portfolio and risk management, manager research and due diligence for the Hatteras Alternative Mutual Funds.

"After years of equity underperformance and volatility, investors and their advisors are increasingly turning to alternatives for flexibility and diversification," said Bob Worthington, President of Hatteras Funds. "We believe that all investors should have access to the same sophisticated approach and superior portfolio management talent as the largest institutions. Thomas' extensive experience in portfolio construction, research and analysis, due diligence and risk management will further add to the depth of talent on the Hatteras Alternative Mutual Funds team."

Prior to joining Hatteras, Mr. Riegert held the position of Investment Manager and Assistant Vice President in Wealth Management with Wells Fargo in Charlotte, NC. Previously he served as Associate Portfolio Manager and Quantitative Research Analyst at Evergreen Investments. Mr. Riegert, who has earned the Chartered Financial Analysts (CFA) designation, holds a Bachelor of Business Administration in Finance and Marketing from Ohio University.

"I am very excited to join the Hatteras team and to be a part of a firm committed to bringing institutional-quality alternative investments to investors," said Riegert. "As demand for alternatives gains momentum, I look forward to playing a role in helping Hatteras continue to be a leading choice for financial professionals."

Hatteras Funds manages several alternative investment solutions including Hatteras Alpha Hedged Strategies Fund, a multi-manager fund of hedge fund strategies offering daily liquidity and position level transparency. Additionally, Hatteras Funds manages the Hatteras Core Alternatives Fund, a single investment vehicle providing exposure to multiple hedge funds and multiple private equity vintages, and the Hatteras Global Private Equity Funds, multi-vintage year private investment solutions.

For more information, please contact Jami Schlicher at 973.850.7309 or [email protected].

About Hatteras Funds
Hatteras Funds provides unique alternative investment solutions for financial advisors and their clients. We believe that all investors should have access to the same sophisticated investment approach and superior portfolio management talent as the largest institutions. A boutique alternative investment specialist founded in 2003, Hatteras Funds offers a suite of innovative products designed to help financial advisors allocate to alternative investments. The Raleigh, N.C.-based firm manages over $2 billion in alternative investment strategies for a broad range of institutions, endowments, pensions and high net worth individuals. For more information, please visit hatterasfunds.com.

This is not an offering to subscribe for units in any fund and is intended for informational purposes only. An offering can only be made by delivery of the Prospectus to "qualified clients" within the meaning of U.S. securities laws. Please carefully consider the investment objectives, risks, and charges and expenses of the Funds before investing. Please read the Prospectus carefully before investing as it contains important information on the investment objectives, composition, fees, charges and expenses, risks, suitability, and tax obligations of investing in the Funds. Copies of the Prospectus and performance data current to the most recent month-end may be obtained online at hatterasfunds.com or by contacting Hatteras Funds at 866.388.6292. Past performance does not guarantee future results.

No investment is risk free, loss of principal is possible. Alternative investments involve specific risks that may be greater than those associated with traditional investments. You should consider the special risks with alternative investments including limited liquidity, tax considerations, incentive fee structures, potentially speculative investment strategies, and different regulatory and reporting requirements. There can be no assurance that any investment will meet its performance objectives or that substantial losses will be avoided.

Securities offered through Hatteras Capital Distributors, LLC, member of FINRA / SIPC, 8540 Colonnade Center Drive, Suite 401, Raleigh, NC 27615-3052. Hatteras Capital Distributors, LLC is affiliated with Hatteras Investment Partners, LLC, Hatteras Capital Investment Management, LLC and Hatteras Alternative Mutual Funds, LLC by virtue of common control/ownership.

CONTACT:
Jami Schlicher
JCPR
973.850.7309
[email protected]

SOURCE Hatteras Funds