Provident Capital Partners SA Aligns Brand with Corporate Name Change and

Announces New Innovative Insurance-Linked Fund

Provident Capital Partners, a member of the Hope Family of Funds, announces strategic
re-alignment of its global brand. Effective immediately, Provident Capital Partners will trade as
Hope Asset Management SA. Theodore Petrara will continue in his role as CEO of Hope Asset
Management SA. The Board of Directors and shareholders of Hope Funds SA and The Hope
Foundation have elected to the name change to fully integrate the Hope family of funds into a single,
global platform.

St. Légier, Switzerland, February 03, 2011 --(PR.com)-- Hope Asset Management SA will continue as
the primary investment manager for the Hope Family of Funds, which supports the Hope Foundation, an
organization that makes charitable contributions toward the welfare of children on a world-wide basis.

Hope Asset Management, through its related family of funds, currently manages six hedge funds, which
employ a variety of strategies across both traditional and alternative asset classes. The funds include the
Hope Global Balanced Fund, Hope Absolute Secured Return Fund, Hope ABS-Backed Real Estate and
Loan Fund, and Hope Active Market Timing Fund, which has received a 5-Star rating from
Morningstar®.

Additionally, Hope Asset Management SA announces the formation of another insurance-linked fund that
will invest in the secondary market for U. S. issued traded life policies, in both the cash and synthetic
markets. The fund - TLP Micro-Longevity Fund, is domiciled in Luxembourg to take advantage of the
favorable tax treaty that exists for qualified investors between Luxembourg and USA tax authorities.
Subscriptions for the fund have already commenced, and the fund managers expect to fund a portfolio of
TLPs with notional value in excess of USD 500 Million. The fund will employ an innovative strategy that
will eliminate tail risk in the portfolio, using a unique credit wrap to hedge against longevity extension,
making an investment in this fund uniquely attractive for pension funds and other institutional investors
seeking mid to longer term stable, secured returns that are uncorrelated to the broader capital markets.

Chairman and Founder of Hope Funds Limited and The Hope Foundation, Jean-Marie Brulhart, states,
“This is the final step we are taking in the long process of uniting our brand on a global basis. We are
confident that this strengthening of the Hope brand will give us deeper penetration into the markets we
serve, and more closely align us with the banking, insurance, and service partners that have been the
life-blood of growing the Hope Family of Funds since our inception in 2004. We are confident that under
the continued leadership of our CEO, Theodore Petrara, Hope Asset Management SA will continue to
generate superior returns for our investors in a manner that is both socially responsible, while constantly
adhering to the strictest principals of portfolio construction and risk management.”

About Hope Asset Management SA

Hope Asset Management SA is headquartered in St-Légier, Switzerland and is the primary investment
manager for the Hope Family of Funds Limited and The Hope Foundation. With offices and/or
subsidiaries located in the United Kingdom, Brazil, and Australia, Hope Asset Management SA is a

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global hedge fund manager that strives to deliver superior medium to long term risk-adjusted returns with
quantifiable down-side protection and significant upside optionality. The Hope Family of Funds was
founded in 2004, and is proud to advertise an annual rate of return of 14.8% net of fees since its
inception. The principals of Hope Asset Management SA provide cornerstone capital to all of its funds
and invest side-by-side with their investor partners, thereby sharing the risk and reward in the careful
selection and management of risks through-out the firm`s portfolio universe.

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Contact Information:
Hope Asset Management SA
Ted Petrara
+41-21-310-4618
tpetrara@hamsa.ch
www.hamsa.ch
info@hamsa.ch

Online Version of Press Release:

You can read the online version of this press release at: http://www.pr.com/press-release/295022

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