Corporate Press Release

Press Release

Credit Suisse Liquid Alternative Beta ("LAB") Index Up 0.46% in May

The Credit Suisse LAB Index was up 0.46% in May.

The Credit Suisse Liquid Alternative Beta Index ("CSLAB"), which aims to reflect the performance of the global hedge fund industry, finished up 0.46% in May. The Long/Short Equity strategy was the strongest performer for the month, and finished up 1.61% in May. The Event Driven strategy was the strongest performer year-to-date, up 3.92%.

Performance for the LAB indices is shown below. Research, performance, descriptions, statistics and downloadable index performance history can be found online at www.credit-suisse.com/lab or on Bloomberg at <ILAB>.