Mooring Financial Corporation today reported performance results for Mooring Capital Fund. From inception in June 1999 through June 30, 2009, the Fund delivered a total return to investors of 242.51 percent and a quarterly compounded return of 12.40 percent per year. For the same period, the S&P 500 posted an annual compounded return of -1.70 percent and the Credit Suisse/Tremont Hedge Fund Index reported a quarterly compounded annual return of 6.89 percent. The second quarter of 2009 marked the 10th year of operation for the metropolitan Washington, DC-based investment fund.

Mooring Capital Fund is an investment vehicle that acquires and manages distressed, sub-performing and performing commercial loans. The portfolio is diversified by both asset type and geography. The Fund's loans are secured by office buildings, retail centers, warehouses, assisted living facilities, aircraft and marine vessels, and religious institutions. These assets are located throughout the U.S. and internationally, with primary market focus in the Mid-Atlantic and southeastern U.S. Mooring Capital Fund also takes long and short equity positions in the financial and real estate markets for up to 20% of its assets. As of June 30, 2009 Mooring Capital Fund had over $62 million in total gross assets.

John Jacquemin, founder and President of Mooring Financial Corporation, commented, "Our flagship Mooring Capital Fund has provided a consistent record of performance to investors since inception 10 years ago. We are very pleased with the Fund's sound long-term performance, demonstrated by a total return of 242.51 percent over the last decade."

Jacquemin added, "Looking ahead, we will remain on course with the core investment approaches for the Fund, principally focusing on various commercial loans as well as select equity positions within the financial and real estate sectors. This consistent strategy has served investors well to date and we believe should continue to provide a sound investment opportunity."

About Mooring Financial Corporation

Mooring Financial Corporation is a private investment firm that specializes in the management of alternative assets for high net worth individuals and institutional investors. The firm has acquired and managed more than $2 billion of financial assets since inception in 1982. Mooring Financial Corporation manages four funds across different asset classes, including distressed commercial loans, real estate tax liens, publicly traded equities and credit derivatives. The firm also directs Mooring Tax Asset Group, one of the largest tax lien investors and servicers in the United States. Mooring Financial Corporation is headquartered in Tysons Corner, Virginia. For more information please visit www.mooringfinancial.com.

Certain information discussed in this press release may constitute forward-looking statements. Although the firm believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.