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  V.E.C. India Special Situations Fund Launches...Date: 29/11/2011

V.E.C. India Special Situations Fund Launches on AlphaMetrix Global Marketplace

First Indian Transparent Fund to Join AlphaMetrix Community

CHICAGO, IL--(Marketwire - Nov 29, 2011) - AlphaMetrix is pleased to announce the launch of the first India Fund listed on the AlphaMetrix Global Marketplace. The fund is managed by a former Fidelity Portfolio Manager, Arun Mehra, based out of London, who previously managed one of the 4 largest India dedicated equity funds that at its peak had more than $4bn AUM.

Arun, as Head of Investment Strategy & Portfolio Manager, set up and launched Fidelity International's India Investment Operation from 2003-2006 including setting up the India based Equity Research group, the investment process, and structuring as well as launching the International and Domestic India Funds. These were the first Fidelity funds launched in India for the onshore and offshore markets. Also, Arun was one of the first foreign investors to invest in the Indian mid and small cap space in 2004.

Arun will be supported by Rajendra Khatu, Chief Operating Officer, V.E.C. Advisors Private Limited who worked along with him at Fidelity Fund Management, India, as Director Finance. Rajendra will run the office in India which will also provide on the ground analytical and research support to the fund. Rajendra has over 10 years of experience in the fund management industry and is a Chartered Accountant of November 1996 batch, from the Institute of Chartered Accountants of India.

Arun Mehra, Portfolio Manager of V.E.C. India Special Situations Fund added "I'm very excited to launch the fund on the AlphaMetrix Marketplace and to work with them to provide greater transparency and disclosure for investors. The V.E.C. India Special Situations Fund taps into the next phase of investing in India. India is a fantastic market for stock picking and I'm very confident on the market for the long term."

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