Overture Managed Solutionswas named a winner of the tender held according to the Technical Assistance grant agreementsigned between the U.S. Trade and Development Agency (USTDA) and the State Oil Fund of Azerbaijan (SOFAZ) on May 19, 2004 in Baku.

Eight U.S. companies have taken part in the USTDA announced tender to select a specialized consultancy firm to advise SOFAZ on its capacity building needs, including OMS, Baker & McKenzie, Copley Investment Management, Econenergy International Corporation, Bearing Point, LJC Group LTD, KPMG LLP and Sky BroadBand Services, Inc. Pursuant to the grant agreement only U.S. domiciled companies were eligible for the tender.

New York based OMS, is a business unit of Overture Asset Managers, LLC specialized in construction and implementation of turnkey and state-of-the art investment platforms for financial institutions. OMS also provides consulting and personnel training services to investment managers, pension funds and institutional funds for the establishment of such platforms. For the purpose of rendering additional consultancy services OMS attracted key personnel of Alaska Permanent Fund Corporation.