Claughton Capital, LLC and Templar Group are pleased to introduce effective October 1st 2007 a new daily liquidity investment vehicle, the Claughton Capital ARP Fund, available for investment under the umbrella of the feeder platform Patronus Invest SPC. The Claughton Capital ARP Fund will offer 1X and 2.5X levered share classes of Claughton Capital’s Auto-Reactive Program.

Claughton Capital LLC uses an innovative systematic approach on a diverse range of futures. The strategy is called Auto-Reactive Positioning (ARP) and uses market behaviour to determine what sub-strategy is most appropriate to trade at any given time. The ARP strategy is designed to dynamically allocate capital between a predominantly employed probability based pattern recognition strategy and an occasionally employed strategy of following the trend. Market conditions dictate when this transition occurs on an
intraday basis. This is what separates the ARP strategy from traditional strategies and results in enhanced performance, reduced drawdowns and overall non-correlation. For those employing a multi-advisor strategy the benefit of negative correlation on benchmark down days is highly advantageous.

About Claughton Capital, LLC :
Claughton, headquartered in New York City, was established in 2003. It is registered
as a Commodity Trading Advisor by the National Futures Association and regulated by the U.S. CFTC.
Mr. Keith Ganzer, Claughton’s Co-Principal and Chief Investment Officer, began in the futures and commodities industry in 1987 with Commodities Corporation USA, now part of Goldman Sachs. He then became the Head of Systematic Trading for Moore Capital Management and left in 1991 to form his own TA, Brookville Investments. Brookville traded from 1993-2000. During that seven-year period Mr. Ganzer compiled a 17% annualized compounded average return after fees using predominantly the ARP strategy.Mr. Ganzer has an M.A. in Chemical Engineering from Princeton University and a B.S. in Chemistry from
Case Western Reserve University. He is a Chartered Financial Analyst and a PRMIA Certified Risk Manager.

Mr. Eric Schreiber, Claughton’s Co-Principal and President, began trading Bund futures on the floor of the L.I.F.F.E. exchange and EUREX futures from behind the screens. Mr. Schreiber, was a partner in Chicago International Arbitrage/Juno Ltd. in London, a bond futures arbitrage firm that grew from five to over 60 employees and became the world’s largest volume trader of Bund futures on the L.I.F.F.E. and EUREX exchanges. Mr. Schreiber received an M.B.A. from the University of Chicago and a B.S. degree in Mathematics and Computer Science from Emory University.

About Templar Group:
Templar Group through its Feeder and Master Platforms, Patronus Invest SPC and Patronus SPC, is uniquely positioned to offer a cash efficient, dynamic platform of leading global managed futures experts. Investment vehicles are designed to give the control and liquidity benefits of a managed account while providing professional management and the safeguard of third party verification by administrator and auditors.
Templar Asset Management is registered with the Commodity Futures Trading Commission (CFTC) as a commodity Pool Operator (CPO), and is also member of the National Futures Association (NFA).