The Credit Suisse Hedge Fund Index Finished down 0.54% in August

       The Credit Suisse Hedge Fund Index Finished down 0.54% in August

PR Newswire

NEW YORK, Sept. 16, 2013

NEW YORK, Sept. 16, 2013 /PRNewswire/ --The Credit Suisse Hedge Fund Index
(the "Broad Index") finished down 0.54% for the month of August.

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Performance for the Broad Index and its 10 sub-strategies is calculated
monthly. July, August and YTD 2013 performance numbers are listed below and
are available at

Index                          Aug-13 Jul-13 YTD 2013
Broad Index                    -0.54% 0.88%  4.03%
Convertible Arbitrage          0.72%  -0.08% 4.47%
Dedicated Short Bias           0.03%  -5.74% -17.36%
Emerging Markets               -0.24% -0.09% 2.87%
Equity Market Neutral          -1.72% 2.02%  3.00%
Event Driven                   -0.04% 1.51%  8.60%
 Distressed                  -0.48% 1.31%  8.87%
 Event Driven Multi-Strategy 0.16%  1.61%  8.50%
 Risk Arbitrage              0.01%  0.99%  2.95%
Fixed Income Arbitrage         0.21%  0.38%  1.95%
Global Macro                   -0.92% 0.26%  0.66%
Long/Short Equity              -1.11% 1.95%  7.89%
Managed Futures                -2.77% -1.06% -7.26%
Multi-Strategy                 0.08%  1.16%  5.12%

The following funds were dropped from the Credit Suisse Hedge Fund Index in
August: BBVA & Partners Equity Arbitrage Master Ltd., Henderson European
Absolute Return Fund Limited, Matthes Capital Management, and Traxis Fund LP.

There were no funds added to the Credit Suisse Hedge Fund Index in August.

The Credit Suisse family of hedge fund indexes includes:

1.The Credit Suisse Hedge Fund Index, an asset-weighted benchmark that seeks
    to measure hedge fund performance and provide the most accurate
    representation of the hedge fund universe.
2.The Credit Suisse AllHedge Index, an investable index comprised of all 10
    Credit Suisse AllHedge Strategy Indexes weighted according to the sector
    weights of the Broad Index.
3.The Credit Suisse Blue Chip Hedge Fund Index, an investable index
    comprised of 60 of the largest funds across the 10 style-based sectors in
    the Broad Index.

Additional information about the Credit Suisse Hedge Fund Indexes -- including
research, fund performance and constituent fund information -- can be found at

Credit Suisse AG

Credit Suisse AG is one of the world's leading financial services providers
and is part of the Credit Suisse group of companies (referred to here as
'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer
clients its expertise in the areas of private banking, investment banking and
asset management from a single source. Credit Suisse provides specialist
advisory services, comprehensive solutions and innovative products to
companies, institutional clients and high net worth private clients worldwide,
and also to retail clients in Switzerland. Credit Suisse is headquartered in
Zurich and operates in over 50 countries worldwide. The group employs
approximately 46,300 people. The registered shares (CSGN) of Credit Suisse's
parent company, Credit Suisse Group AG, are listed in Switzerland and, in the
form of American Depositary Shares (CS), in New York. Further information
about Credit Suisse can be found at

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Certain information contained in this document constitutes "Forward-Looking
Statements" (including observations about markets and industry and regulatory
trends as of the original date of this document), which can be identified by
the use of forward-looking terminology such as "may", "will", "should",
"expect", "anticipate", "target", "project", "estimate", "intend", "continue"
or "believe", or the negatives thereof or other variations thereon or
comparable terminology. Due to various risks and uncertainties beyond our
control, actual events, results or performance may differ materially from
those reflected or contemplated in such forward-looking statements. Readers
are cautioned not to place undue reliance on such statements. Credit Suisse
has no obligation to update any of the forward-looking statements in this

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been compiled or arrived at from sources believed to be reliable but Credit
Suisse does not make any representation as to their accuracy or completeness
and does not accept liability for any loss arising from the use hereof.

SOURCE Credit Suisse AG

Contact: Katherine Ewert, Corporate Communications, Credit Suisse,
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