Jay Feuerstein added, “We believe this transaction with Manning & Napier will provide the financial, structural and distribution resources needed to meaningfully grow the assets in our long-tenured futures strategies. All of us at 2100 Xenon feel a strong cultural fit with the team-based management approach and active risk management style that has been part of Manning & Napier’s history for more than four decades. We look forward to a collaborative effort that provides best of class solutions to our clients.”About Manning & Napier, Inc. Manning & Napier (NYSE:MN) provides a broad range of investment solutions through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services that complement our investment process. Founded in 1970, we offer equity and fixed income portfolios as well as a range of blended asset portfolios, such as life cycle funds, that use a mix of stocks and bonds. We serve a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, our relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems. We are headquartered in Fairport, NY and had 507 employees as of December 31, 2013. About 2100 Xenon Group, LLC 2100 Xenon Group is a global investment manager specializing in managed futures and global macro strategies. 2100 Xenon’s clients include global financial institutions, public funds, fund of funds, high net worth individuals and family offices from around the world. 2100 Xenon was founded in 2001, and is registered with the CFTC and SEC. Safe Harbor Statement This press release and other statements that the Company may make may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the Company’s current views with respect to, among other things, its operations and financial performance. Words like “believes,” “expects,” “may,” “estimates,” “will,” “should,” “intends,” “plans,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, are used to identify forward-looking statements, although not all forward-looking statements contain these words. Although the Company believes that it is basing its expectations and beliefs on reasonable assumptions within the bounds of what it currently knows about its business and operations, there can be no assurance that its actual results will not differ materially from what the Company expects or believes. Some of the factors that could cause the Company’s actual results to differ from its expectations or beliefs include, without limitation: changes in securities or financial markets or general economic conditions; a decline in the performance of the Company’s products; client sales and redemption activity; changes of government policy or regulations; and other risks discussed from time to time in the Company’s filings with the Securities and Exchange Commission.