Yuri Khalif Joins Hatteras As Executive Director

RALEIGH, N.C., Sept. 19, 2012 /PRNewswire/ -- Hatteras Funds ("Hatteras"), a boutique alternative investment specialist providing unique alternative investment solutions for financial advisors and their clients, announces that Yuri Khalif has joined the Firm as Executive Director for the Northeastern U.S.

Mr. Khalif is based in Pennsylvania and will focus on expanding business development and client relation services to investment consultants, RIAs and broker-dealers in the Northeast. He has 19 years of experience in the investment industry and most recently served as an Executive Director of JPMorgan Asset Management's Institutional Advisor Business.

"Our products are designed to offer unique solution-based alternative investments, and our commitment to advisors is built on continuing to deliver innovative products that address particular portfolio needs," said Robert B. Brown, Director of Sales and Marketing at Hatteras. "We believe advisors need greater access to the illiquidity premium associated with private investments as well as the tools to obtain the portfolio diversification benefits of hedge fund strategies. Yuri will play a key role in formulating these innovative alternative investment strategies, which are synonymous with Hatteras' philosophy."

The current market environment has led to increased interest among advisors for alternative investments that have the ability to offer lower correlation or provide a form of return orientation other than exposure to broad traditional, long-only stocks and bonds.

"Hatteras is uniquely positioned to capitalize on the need for innovative investment strategies and proper asset allocation to build portfolios that can weather a variety of market conditions," said Mr. Khalif. "I share the Firm's commitment to listening to advisors' needs and simplifying the challenges they face to deliver alternative investment solutions to their investors."

Earlier in his career, Mr. Khalif worked for Deutsche Asset Management and Miller Anderson & Sherrerd, a division of Morgan Stanley and SEI Corporation. He received a MBA in Marketing and a BA in Financial and International Business from Temple University.

For more information, please contact Jami Schlicher at 973-850-7309 or [email protected].

About Hatteras Funds
Hatteras Funds is a boutique alternative investment specialist dedicated to providing unique alternative investment solutions for financial advisors and their clients. Founded in 2003, Hatteras provides retail investors with access to the same sophisticated investment approach and superior management talent as the largest institutions. The Raleigh, N.C.-based firm manages $2 billion in alternative investment strategies for a broad range of institutions, endowments, pensions and high-net-worth individuals. For more information, please visit www.hatterasfunds.com.

Investors should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information about the Funds and may be obtained by clicking here or calling 877.569.2382 for the Hatteras Alternative Mutual Funds and 866.388.6292 for the Hatteras Core Alternatives Fund. Read it carefully before investing.

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. Diversification does not assure a profit or protect against a loss.

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