CBRE Clarion Securities today announced the launch of the CBRE Clarion Long/Short Fund (the "Fund") effective January 3, 2012. The new Fund will draw upon CBRE Clarion's many years of experience managing private long/short hedge funds since 2000.

T. Ritson Ferguson, CEO of CBRE Clarion Securities and co-portfolio manager of the Fund said, "In this fund, we are delighted to offer our original hedge fund strategy, which has delivered attractive total returns during the last 11 years with low volatility due to the strategy's historical ability to provide downside protection in difficult markets."

The new Fund will be managed by CBRE Clarion Securities, which is one of the world's largest real estate securities managers and oversees approximately $19 billion in domestic and international assets. The firm has managed long-only separate accounts since 1984, long-only mutual funds since 1997, and long/short strategies since 2000. T. Ritson Ferguson, CFA, Steven D. Burton, CFA, and Joseph P. Smith, CFA are the primary portfolio managers for the Fund. Individually, the portfolio managers each have over 20 years of investment experience and have worked together for approximately 15 years managing investment portfolios.

The team will leverage its long history of managing long-only mutual funds together with its eleven years of experience in managing long/short funds to deliver a long/short mutual fund with daily liquidity.

The Fund will seek to provide attractive total returns while attempting to preserve capital and mitigate risk by employing long and short positions in equity securities of companies that are principally engaged in the real estate industry. "The Fund seeks to generate attractive total returns regardless of market direction. This approach allows us flexibility to pursue opportunities with conviction while attempting to mitigate market risk through hedging," said Mr. Smith, co-CIO and portfolio manager. This fund may be appropriate within an allocation to alternative investments where investors are looking to enhance the risk/return profile of their overall portfolio through additional diversification and control of volatility.

CBRE Clarion Securities will initially be offering two classes of shares for the Fund: Investor (CLSVX) and Institutional (CLSIX). There are no sales charges associated with the Fund and CBRE Clarion Securities has agreed to cap the fund's expenses for the benefit of investors.

For more information on the Fund, please visit www.cbreclarion.com, or call Jim Taft at 610.995.2500.

About CBRE Clarion Securities

CBRE Clarion Securities is a registered investment advisory firm specializing in the management of global listed real estate securities for both institutional and individual investors. Headquartered near Philadelphia, Pennsylvania, the firm manages approximately $19 billion in assets and has over 70 employees located in offices in the United States, United Kingdom, Hong Kong, Japan, and Australia. Please visit our website at www.cbreclarion.com.

CBRE Clarion Securities is the listed equity management arm of CBRE Global Investors, an industry-leading real estate investment management firm that sponsors investment programs across the risk/reward spectrum.

CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG), and accesses the research, local market intelligence, investment sourcing and resources of the world's premier, full-service real estate services company to better understand real estate market conditions for the benefit of its investors. As a real-estate-only investment firm owned by a Fortune 500 real estate services company, CBRE Global Investors has an unparalleled ability to understand real estate markets, originate sound, market-based investment ideas, and access opportunities.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2010 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.

The hedge fund performance referenced is the performance of the predecessor fund. The predecessor fund was not a registered mutual fund and was not subject to the same investment and tax restrictions as the Fund. Performance information reflects all fees and expenses, including a performance fee, incurred by the predecessor fund. The performance information has not been adjusted to reflect Fund expenses. If the performance information had been adjusted to reflect Fund expenses or the same restrictions applied, the performance may have been higher or lower for a given period depending on the expenses incurred by the predecessor fund for that period. Past performance is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 855.520.4CCS (4227).

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling the Fund's distributor at 855.520.4CCS (4227) or by visiting the website at www.cbreclarion.com. Please read the prospectus carefully before investing.

Diversification may not protect against market risk.

Mutual fund investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, short sales losses are potentially unlimited and the expenses involved with the short strategy may impact the performance of the Fund. With short sales, you risk paying more for a security than you received from its sale. The Fund may engage in leveraging and other speculative investment practices which could increase the risk of loss. It may also invest in derivatives, which are often more volatile than other investments and may magnify the Fund's gain or losses. Real estate investments are subject to changes in economic conditions, credit risk, and interest rate fluctuations. The Fund is non-diversified. There can be no assurance that the fund will achieve its stated objectives.

The CBRE Clarion Long/Short Fund is distributed by SEI Investments Distribution Co., which is not affiliated with CBRE Clarion Securities or any of its affiliates. The CBRE Clarion Long/Short Fund is available to U.S. investors only.

CBRE Clarion Securities
Analyst and Press Inquiries:
James Taft, Assistant Vice President
610-995-2500
or
Investor Relations:
855-520-4227
www.cbreclarion.com