Meridian Fund Services has been named as "Best North American Hedge Fund Administrator" at the Hedgeweek USA Awards 2012.
The Hedgeweek USA Awards honour the US industry’s best hedge fund managers and service providers.
The winners are decided by the votes of Hedgeweek’s nearly 20,000 US-based subscribers, who include institutional and high net worth investors, hedge fund managers, and other industry professionals at firms including prime brokers, custodians, advisers, and administrators.
"We’re thrilled to win this award, especially as this is voted for by Hedgeweek’s readership," says Meridian chief executive Tom Davis. "We feel this vindicates our decision to open a New York office back in 2004 in order to be close to our clients."
Davis discusses Meridian’s approach to the post-2008 era in a feature article in a Hedgeweek Special Report.
He tells Hedgeweek: "In my opinion, the US is going to be the driver that gets everyone out of today’s economic doldrums. [Meridian wants] to support a lot of the managers that are spinning out of prop desks to start their own funds. The entry barrier in terms of cost is getting higher so what we’re trying to do is lower that barrier for these new managers."
For the complete article and more on the Hedgeweek USA Awards 2012, download a copy of the Special Report at http://www.hedgeweek.com/sites/default/files/HW_US_Awards_12.pdf
