THE DEAL LLC AND HEDGEWORLD USA FORM ALLIANCE TO EXPAND REACH INTO THE HEDGE FUND INDUSTRY

The Deal LLC and HedgeWorld USA Inc. today announced an editorial partnership that gives The Deal the worldwide license to publish HedgeWorld's market-leading hedge fund news and analysis in its newsweekly, The Deal
September 15, 2004-New York, N.Y.-The Deal LLC, a diversified media company providing news, analysis and information on the global deal economy, and HedgeWorld USA Inc., the hedge fund industry's premier information provider, today announced an editorial partnership that gives The Deal the worldwide license to publish HedgeWorld's market-leading hedge fund news and analysis in its newsweekly, The Deal. The Deal will introduce a special section on hedge funds in its November 22 issue.
 

"Hedge funds, as an asset class, are becoming a larger part of the deal economy, and thus, an important area of coverage for The Deal," said Robert Teitelman, editor in chief of The Deal LLC. "The Deal has forged an alliance with HedgeWorld, one of the leaders in sophisticated reporting of this sector, to provide our readers with greater coverage of the alternative investment marketplace."

The Deal's hedge fund section will appear on a monthly rotation in 2005. Plans for the hedge fund section include several pages of editorial, charts and statistics.

"HedgeWorld is pleased to partner with The Deal in developing expanded hedge fund content and services for the deal community," said Johann Wong, CEO, vice chairman and founder of HedgeWorld USA Inc. "We are looking forward to working on other projects in the future."

The timing of the announcement coincides with the fifth anniversary of both companies. The Deal LLC is celebrating five years as the voice of the deal economy that began with the launch of The Daily Deal on September 15, 1999. HedgeWorld.com was launched on September 16, 1999, with the rollout of its Web site, www.hedgeworld.com.

The terms of the agreement were not disclosed.

 
About The Deal LLC
The Deal LLC is a diversified media company that is the authoritative voice of the deal economy. We serve the global deal community - corporate and financial dealmakers, advisers and institutional investors - by providing business and financial news and information that offers fresh insights on the deal economy, a set of interrelated activities, focused on dealmaking of all kinds, whose purpose is to generate corporate growth in a continually changing global market. We offer a comprehensive line of print and electronic product and services for both readers and advertisers, including The Deal, The Daily Deal, TheDeal.com, Corporate Dealmaker, Tech Confidential, Corporate Control Alert, Auction Block, Bankruptcy Insider, Deal Focus and VCDeal.com. Investors in The Deal, a privately held company, include majority owner U.S. Equity Partners, a private investment fund sponsored by Wasserstein & Co. LP, and Rustic Canyon Ventures, one of the largest venture capital funds in Southern California.