Hedgeweek and Private Equity Wire have announced the winners of the European Credit Awards, which recognise excellence in fund performance and service provider excellence across credit funds.
The awards were presented at an exclusive ceremony and networking event today (Thursday, 26 October), at Convene 22, Bishopgate, London.
Voting for the awards was conducted via an online poll, where participants were asked to make their choice among the shortlisted firms in each category.
The manager categories cover a wide spectrum of credit strategies and fund types, with separate sections for hedge fund and private equity credit specialists. The service provider categories span essential services across the credit fund eco-system.
Pre-selection data for the awards was provided by Bloomberg, based on annualised returns over the 12 months from 31 May 2022 to 31 May 2023.
The winners are:
MANAGERS
Best Credit Hedge Fund – Credit Hedge Multi-Strategy – Polus Capital Management Ltd (Cairn Capital Investment Funds Icav-Cairn Capstone Special Opportunities Fund)
Best Credit Hedge Fund – Credit Long/Short – Drakai Capital (Drakai Systematic Credit Fund)
Best Credit Hedge Fund – Direct Lending – Altana Wealth (Altana Specialty Finance)
Best Credit Hedge Fund – Emerging Market Debt– Blue Diagonal Capital Ltd (Blue Diagonal EM Fixed Income Fund)
Best Credit Hedge Fund – Structured Credit – SCIO Capital (SCIO European Secured Credit Fund III)
Best Overall Credit Hedge Fund – Under $500m – LCC Management BV (LCC Latam Consumer Credit Fund)
Best Overall Credit Hedge Fund – Over $500m – Enko Capital (Enko Africa Debt Fund)
Best Overall Credit Fund – Hedge Fund – Cheyne Capital (Cheyne Real Estate Credit Holdings Fund Inc)
Best Overall Performance Over $1bn: Debt – Loans/Credit – Arcmont Direct (Lending Fund III)
Best Overall Performance Under $1bn: Debt – Loans/Credit – Green Arrow Capital Sgr SpA (Green Arrow Private Debt Fund)
Best Overall Performance: Debt – Mezzanine – Alcentra Group Ltd (Alcentra European Direct Lending Fund III SCSp)
Best Overall Performance: Debt – Special Opportunity – Alchemy (Alchemy Special Opportunities Fund IV LP)
Best Performance Over $1bn: Debt – Pemberton Capital Advisors LLP (Pemberton Strategic Credit Opportunities Fund II)
Best Performance Under $1bn – Debt – ICG (ICG Recovery Fund II LP)
Best Overall Credit Manager – Hedge Fund – SCIO Capital
Best Overall Credit Manager – Debt – LCM Partners
Best Overall Credit Fund – Debt – BC Partners Credit
SERVICE PROVIDERS
Best Audit Service – EY
Best Compliance Service – Overall – RQC Group
Best Compliance Service – Fund Domicile – IQ-EQ
Best Custodian Service – BNY Mellon
Best Cyber Security Solution – S-RM Intelligence and Risk Consulting
Best Research Solution – AlphaSights
Best Data Provider – Overall – PitchBook Data
Best Data Provider – Analytics & Insights – DealCloud
Best Deal Originiation Solution – AtomInvest
Best Debt / Loan Administrator – GLAS
Best Fund Accounting and Reporting Software – Dynamo Software
Best Fund Administrator – Overall – Aztec Group
Best Fund Administrator – Private Credit – Alter Domus
Best Fund Administrator – Stuctured Credit – Universal Investment Group
Best Administrator – Technology – Opus Fund Services
Best FX Solution – Alpha Group
Best Insurance Solution – Lockton
Best Law Firm – Overall – Reed Smith LLP
Best Law Firm – Lending and Securities – Latham & Watkins
Best Law Firm – Fund Structuring – Linklaters
Best Managed Service Provider – Tribeca
Best Middle Office Services – SS&C Technologies
Best Portfolio Management System – FIS
Best Ratings Provider – KBRA
Best Executive Search Firm – Jensen Partners
Best Tax Advisory Firm – Buzzacott LLP
Best New Solution – Oxane Partners
Best Technology Innovation – Abacus Group
Best PR and Communications Firm – Prosek Partners
