Brown Brothers Harriman's Alternative Investments Group develops and manages a family of alternative investment funds that enable qualified high net worth individuals and smaller institutional clients to participate alongside BBH and its large institutional clients in a series of unique investment opportunities in the private equity, mezzanine, absolute return hedge fund and long/short equity asset classes. These funds are organized under the BBH Private Equity Partners, BBH Mezzanine Partners and BBH Hedged Partners product platforms.

Complementing BBH's existing Investment Management, Corporate Finance and Banking product lines, the Alternative Investments Group's offerings are intended to meet the objectives of a broad group of BBH clients seeking the performance and diversification characteristics of investments not correlated to the traditional markets, enhancing returns on both an absolute and risk-adjusted basis. In addition to its current group of offerings, the Alternative Investments Group expects to develop complementary investment strategies in other sectors with low correlation to conventional asset classes, either on a fully proprietary basis or in concert with leading managers within specific disciplines.

Asset Allocation
Extensive research suggests that diversified exposure to alternative investments can improve total portfolio returns over long periods without adding meaningful risk. BBH offers a dynamic, customized asset allocation model that recommends a series of asset class weightings to meet the specific performance objectives and risk tolerance of each of our clients.

Suitability
Due to lack of liquidity and restrictions on transfer of interests, among other factors, commitments to alternative investments are generally suitable only for sophisticated investors with long-term investment horizons. BBH Alternative Investment funds generally require each investor to be a "Qualified Purchaser" within the framework of the U.S. Investment Act of 1940, whereby individuals must hold investable assets (including cash, securities and certain real estate holdings), of greater than $5 million. Institutions meeting Qualified Purchaser requirements must hold investment assets of greater than $25 million.

For more information, please contact:

New York City John J. Lee Brown Brothers Harriman & Co. 212.493.7708 john.lee@bbh.com

G. Scott Clemons Brown Brothers Harriman & Co. 212.493.8379 scott.clemons@bbh.com

Boston Seth C. Ward Brown Brothers Harriman & Co. 617.772.2271 seth.ward@bbh.com

Charlotte Charles O. Izard Brown Brothers Harriman & Co. 704.370.5556 charles.izard@bbh.com

Chicago Edward X. (Trey) Tune Brown Brothers Harriman & Co. 312.781.7134 trey.tune@bbh.com

Dallas David C. Sharman Brown Brothers Harriman Trust Company of Texas 214.303.1864 dave.sharman@bbh.com

Palm Beach John C. Borland Brown Brothers Harriman Trust Company, N.A. 561.515.0626 jack.borland@bbh.com

Philadelphia Jeffrey J. Idler Brown Brothers Harriman Trust Company, N.A. 215.587.6311 jeff.ilder@bbh.com