Alpine Mutual Funds Expands Team with Six-Time Institutional Investor 'All- America...

Alpine Mutual Funds Expands Team with Six-Time Institutional Investor 'All-
America Team' Analyst Stephen Kim

PURCHASE, N.Y., March 13 /PRNewswire-FirstCall/ -- Alpine Woods Capital
Investors, LLC manager of the Alpine family of mutual funds is pleased to
announce the addition of Stephen S. Kim as Senior Real Estate Analyst. He was
most recently a managing director at Citi Investment Research covering the
homebuilders and building products sector, which he has followed for 17 years.
Mr. Kim was named to Institutional Investor's "All-America Research Team"
every year from 2001 to 2006. In 2005 Stephen also was rated the #1 analyst in
the Home Construction category by the Wall Street Journal's 2005 Best on the
Street Analyst Survey. In 2004, he was named the #1 Stock Picker by Forbes
magazine, out of 3000 analysts across all industries, and also ranked in the
top ten for Earnings Estimator Accuracy. Forbes Magazine also named him among
the top Ten Stock Pickers in Household Durables in 2005.
"Stephen has achieved notable distinction, indicative of his great
industry insight, breadth of experience and superb analytical talents." said,
Alpine President Sam Lieber. "We continue to seek top industry professionals
to contribute to the strength of Alpine's portfolio management team."
Alpine manages 13 mutual funds, of which four are real estate funds,
including the first-ever international real-estate fund (Alpine International
Real Estate Equity Fund, EGLRX), dating back to 1989 and one of the largest
closed-end funds focused on real estate, Alpine Global Premier Properties
(AWP).
Mutual fund investing involves risk. Principal loss is possible.
The fund's investment objectives, risks, charges and expenses must be
considered carefully before investing. The prospectus contains this and other
important information about the investment company, and it may be obtained by
calling 1-888-785-5578, or visiting http://www.alpinefunds.com. Read it
carefully before investing
Institutional Investor's "All-America Research Team" rankings were
determined strictly by using numerical scores. Institution Investor took the
number of votes awarded to each analyst and weighted the votes based on the
size of the institution responding and the place it awarded to the analyst
(1st, 2nd, 3rd). To determine these scores, questionnaires covering 10
categories and 68 investment sections were sent to over 2,600 individuals of
more than 810 firms.
#1 Stock Picker and Top Ten Earning Estimator Accuracy by Forbes Magazine
-- Methodology: StarMine's proprietary metric, Relative Accuracy Score (RAS),
measures the accuracy of each analyst's earnings forecasts. RAS compares
analysts against their peers. To qualify for a Top 3 industry ranking,
analysts had to cover at least 5 stocks throughout 2003.
The WSJ Best of the Street quantitative survey, led by Thompson Corp.'s
Thomson Financial division, identified 223 analysts in 45 industry groups
whose recommendations in 2006 would have helped investors make money-or lose
less than they would have otherwise. The winners were chosen from more than
4,000 analysts at more than 280 firms.
The Alpine Funds (open end) are distributed by Quasar Distributors, LLC.
03/08.
SOURCE Alpine Woods Capital Investors, LLC

Marc Rappaport of Alpine Woods Capital Investors, LLC, +1-914-251-0880