HATTERAS CORE ALTERNATIVES FUND, LP

To provide capital appreciation consistent with the return characteristic of the alternative investment portfolios of larger endowments through investments in the six asset classes of: Opportunistic Equity, Enhanced Fixed Income, Real Estate, Absolute Return, Private Equity and Energy & Natural Resources. The secondary objective is to achieve capital appreciation with less volatility than that of the equity markets. • Equity-like returns • Bond-type volatility • Low correlation to traditional markets