Vision Opportunity Funds Recognized as a Finalist at the Global Emerging Manager Awards Presented by S&P Capital IQ

TORONTO, March 19, 2013 /CNW/ - Vision Capital Corporation ("Vision") is pleased to announce that it was recognized as a top 5 Finalist at the  Global Emerging Manager Awards presented by S&P Capital IQ at the Waldorf Astoria Hotel in New York City last night.

In achieving this milestone Vision was selected by Jurors that researched and analyzed portfolio managers based in 4 continents, 7 countries and 25 cities around the world.

Vision's unique and differentiated strategy, in conjunction with the experience of the Vision team, has generated strong absolute and risk-adjusted total returns for the Vision Opportunity Fund Limited Partnership (the "Vision LP"). Since its inception on July 2, 2008, through February 28, 2013, the Vision LP has delivered a 25% compounded annual return, net of fees and expenses, representing a cumulative total return of 181%.

Mr. Jeffrey Olin, President, CEO and Co-Portfolio Manager of Vision Capital Corporation commented, "While we have been privileged to receive significant industry and peer recognition over the past 5 years from Morningstar and the Canadian Hedge Fund of the Year Awards, we are pleased to learn that the risk-adjusted performance of the Vision Funds is amongst the upper echelon of Funds on a global basis as recognized by independent global leaders in the industry."

Mr. Frank Mayer, Chairman and Co-Portfolio Manager of Vision added, "This recognition is both a testament to the depth of experience and talent of the Vision team, as well as the unique approach Vision employs to achieve strong absolute and relative returns while minimizing risk and preserving capital."

About Vision Capital Corporation:

Vision Capital Corporation ("Vision" or the "Manager"), a registrant with the Ontario Securities Commission, manages the Vision Opportunity Funds (the "Funds"), comprising of a range of investment products currently available to accredited investors. The Funds focus primarily on the Canadian real estate sector and currently invest predominantly in publicly-traded equity and debt securities.

The Vision Funds have received considerable industry recognition for their leading risk-adjusted total return performance. The Vision Opportunity Fund Limited Partnership was recognized with an award as one of the Top 3 Best Opportunistic Hedge Funds in Canada at the 2012 Morningstar Canadian Investment Awards. This is the second consecutive year that Vision has received this recognition. At the 2012 Hedge Fund of the Year Awards the Vision LP received the award for achieving the third highest risk adjusted total return (as measured by its three year Sharpe Ratio) for Funds that have been in existence for more than three years and the Vision Opportunity Fund Limited Partnership II (the "Vision LP II") received the award for attaining the third highest one year total return for Funds that have been in existence for three years or less. This was the fourth consecutive year that a Fund managed by Vision was recognized amongst the top five in Canada. The Vision LP II received an award at the 2011 Canadian Hedge Fund of the Year Awards at KPMG as the best performing (new) Fund. The Vision LP was the top performing Fund in the Scotia Hedge Fund Index in 2010. In addition, the Vision LP received a Bronze Award as the Best Opportunistic Hedge Fund by Morningstar in December 2011.

Each Vision Fund that has been operating for more than 3 years has earned a Morningstar 5 star rating.

SOURCE: Vision Capital Corporation

please visit our website at www.visioncap.ca, or contact:

Jeffrey Olin
President and CEO, Co-Portfolio Manager
Vision Capital Corporation
Tel: [phone]
Email: [email protected]

or

Frank Mayer
Chairman, Co-Portfolio Manager
Vision Capital Corporation
Tel: [phone]
Email: [email protected]