Company Press Release

BBD, LLP Welcomes Lori Ehleben To The Firm’s Partnership

-Ehleben is 5th Partner Dedicated Exclusively to the Service of the Firm’s Investment Management Industry Clients-

PHILADELPHIA — January 3, 2013 — BBD, LLP, today announced that Lori C. Ehleben, CPA, a principal in the firm’s Investment Management Group, has been promoted to partner.

Ehleben has dedicated her more than 20-year career in public accounting to the service of the investment management industry.

“Lori’s attention to client service as well as her significant expertise have been instrumental in the continued dynamic growth of our firm’s Investment Management Group,” said Michael Boyle, managing partner of the firm. “She is a stellar representative of our firm’s culture and of the future of BBD.”

Ehleben now joins partners Michael Boyle, John Braun, James Kaiser and William Kouser in directing BBD’s Investment Management Group, which is among the top practices in the United States serving registered and unregistered investment companies, investment advisors, and securities broker/dealers. Ehleben earned a Bachelor of Science degree with a major in accounting from Temple University. She is a member of both the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants.

About BBD

BBD, LLP is a nationally recognized, PCAOB-registered firm of Certified Public Accountants located in Philadelphia, Pennsylvania. The firm specializes in providing services for the investment management industry.

Our firm’s Investment Management Group provides audit and tax services for registered and unregistered investment companies, investment advisors and securities broker/dealers. Our affiliate, BBD Cayman, provides audit services for offshore hedge funds based in the Cayman Islands.

In order to provide regular insight and analysis on the issues and challenges facing the investment management industry, BBD maintains a blog, investmentcompanynotebook.com.

BBD also is sought out regularly by the nation’s premier financial media to discuss issues and challenges facing the industry. In the past several months, BBD has commented in Money Management Executive, Ignites, Fund Director Intelligence, and Onwallstreet.