IKONIC Fund Services, a provider of fund administration services including accounting, investor services and corporate governance to alternative funds, has been awarded the Best Offshore Fund Administrator by Hedgeweek for the 2016 US Awards.
The Hedgeweek awards are based on peer reviews whereby Hedgeweek’s readers – comprised of institutional investors and fund managers – elect a ‘best-in-class’ provider in various categories through an online survey.
“We are extremely proud to win this Hedgeweek award and are very grateful to our clients and other service providers we work closely with who have voted for us,” says Brian Desmond, head of fund services. “This award would only be possible through the continued diligence and hard work of our dedicated and talented staff.”
On 10 June 2016, IKONIC was acquired by the Horseshoe Group, following a successful period of partnership which began in 2011 through the creation of a joint venture called ILS Fund Services. IKONIC is part of the Horseshoe Group and will be rebranded as Horseshoe Fund Services later this year.
“IKONIC’s undisputable and recognisable reputation as a best-in-class fund administrator is the main reason why Horseshoe entered into a joint venture partnership with them in 2011 and most recently acquired the firm,” says Andre Perez, CEO of the Horseshoe Group. “Together, we will continue to grow our fund administration business and offering and focus on providing a solutions oriented service to our valued clients.”
