The Hedgeweek USA Awards 2011 for excellence among hedge fund managers and service providers have honoured the US industry’s best performers and their ability to demonstrate consistency and depth of expertise against the backdrop of a more complex, but also potentially more rewarding, investment climate.
The awards, presented at a lunch at New York’s Gansevoort Hotel on Thursday, June 16, were decided by the votes of Hedgeweek’s nearly 20,000 US-based subscribers, who include institutional and high net worth investors as well as managers and other industry professionals at firms including fund administrators, prime brokers, custodians and advisers.
The Hedgeweek USA Awards 2011 celebrate the industry’s recovery from its difficulties in 2008 and early 2009. As the keynote speaker, Sadis & Goldberg partner Ron S Geffner (pictured), noted, performance has recovered and capital inflows have helped assets under management to regain and even surpass the record levels seen three years ago.
The industry’s rebound over the past two years also reflects the ability of managers and service providers to handle the burdens of a more intrusive regulatory environment and to accommodate new investor requirements in areas such as transparency and liquidity.
The winners of the Hedgeweek USA Awards 2011 are:
Best Offshore Hedge Fund Administrator: Admiral Administration
Best Convertible Arbitrage Fund Manager: Wolverine Asset Management
Best Market Neutral Fund Manager: Midway Group
Best Risk Management Software: SunGard APT
Best Credit Fund Manager: Third Eye Capital Management
Best Fund Accounting and Reporting Systems: Tradar
Best Long/Short Equity Fund Manager: Coghill Capital Management
Best Relative Value Fund Manager: Venus Capital Management
Best Distressed Securities Fund Manager: Citi Capital Advisors
Best Managed Futures (CTA) Fund Manager: Becker Asset Management
Best Multi-Strategy Fund Manager: Phalanx Capital Management
Best Absolute Return Fund Manager: NuWave Investment Management
Best Global Macro Fund Manager: MKP Capital Management
Best Event Driven Fund Manager: FrontFour Capital Group
Best Diversified Fund of Hedge Fund Manager: Dorchester Capital Advisors
Best Specialist Fund of Hedge Fund Manager: Lyrical Partners
Best Hedge Fund Administrator: JP Morgan Hedge Fund Services
Best Prime Broker: Pershing
Best Third Party Marketing Firm: Agecroft Partners
Best Managed Account Platform Technology: Eze Castle Integration
Best Accounting Firm: Rothstein Kass
Best Regulatory Advisory Firm: Kinetic Partners
Best Public Relations Firm: Walek & Associates
Best Law Firm: Sadis & Goldberg
Best Offshore Law Firm: Maples and Calder