The van Biema Asia Value Fund, LP is a dedicated Value-only fund of hedge funds that launched in June 2009. The fund invests in 10 to 20 funds that employ a range of investment philosophies across the Value spectrum. The Asia Value Fund targets small managers in the Pan-Asian markets with AUM of less than $200 million that are under the radar. By forming a portfolio of these funds, van Biema allows endowments, family offices and institutional investors to invest in a very difficult to access group of desirable and high quality funds. We allocate capital to relatively undiscovered managers that have proven track records or managers who have trained and worked under well-known Value managers. We are Value investors ourselves with on average over 15 years of experience. Our board of advisors has on average 30 years experience and manage in excess of $100 billion in aggregate. We believe that our fund's investment strategy will provide superior long term returns with a strong focus on capital preservation, although in some instances individual managers may establish short positions or acquire derivative securities, debt securities or privately issued securities of publicly traded companies. The minimum investment amount is $1,000,000 for individuals and $5,000,000 for all other investors, subject to the discretion of the General Partner to accept lesser amounts.