Federal Way Asset Management Becomes Aptitude Investment Management

New Name Reflects Firm’s Evolution and Mission; Launches www.aptitudeinvest.com

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SEATTLE–(BUSINESS WIRE)– Federal Way Asset Management LP, an investment management firm offering both alternatives management and fiduciary management services with approximately $5.6 billion in assets, including $3.7 billion on a discretionary basis, today announced that it has changed its name to Aptitude Investment Management LP (“Aptitude” or the “Firm”). In connection with the renaming, the Firm has launched a new website, www.aptitudeinvest.com.

“Since becoming an independent firm five years ago, we have sought to provide our clients with deep alternatives investing expertise and intelligent solutions in order to generate superior, long-term, risk-adjusted returns,” said Jeffrey Klein, Chief Executive Officer of Aptitude.

“Our new name, Aptitude, reflects the talent and skills that we seek in the managers in which we invest, strengthening our ongoing commitment to raising the bar for what a global investment boutique can be. We look forward to leveraging the long institutional legacy of our founding principals – nearly 20 years in the making – to source and access managers whom we believe have a significant edge in investing and aptitude,” Klein added.

Aptitude has relocated its U.S. office from its roots in Federal Way to downtown Seattle, located at 925 Fourth Avenue, Suite 3550, Seattle, WA 98104.

ABOUT APTITUDE INVESTMENT MANAGEMENT

Aptitude Investment Management LP is an investment management firm offering both alternatives management – including investments in hedge funds and private equity funds – and fiduciary management to a limited number of clients. The team originally managed the Weyerhaeuser Company pension assets as an in-house asset manager that was initially formed in 2004, until its spin-out into an independent investment firm in 2012. Aptitude’s senior investment team has advised and invested in alternative strategies and funds since 1998. The firm has offices in Seattle and Vancouver. For more information, please visit www.aptitudeinvest.com.

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Media:

Gasthalter & Co.

Nathaniel Garnick/Amanda Klein, 212-257-4170

Source: Aptitude Investment Management LP