The winers of the annual Hedgeweek US Awards, which recognise excellence among fund managers and service providers in the US across a wide range of categories, have been announced.
The winners of the annual Hedgeweek US Awards, which recognise excellence among fund managers and service providers in the US across a wide range of categories, have been announced.
Voting for the awards, which were presented at an exclusive ceremony and networking event today (27 October), at the University Club of New York, was conducted via an online poll of the entire Hedgeweek userbase, with participants asked to make their choice among the shortlisted firms in each category.
The manager categories cover a wide spectrum of investment strategies and fund types encompassing the hedge fund, multi-manager, emerging manager and liquid alternatives universes. The service provider categories span all the key areas of the broader hedge fund industry ecosystem.
For the fund manager categories, the shortlists were compiled based on data provided by Bloomberg, analysing annualised performance over a 12-month period from 31 May, 2021 to 31 May, 2022. Nominations in various award categories were further split by size and strategy as specified in the award name.
For the service provider categories, the nominated firms were based on a widespread survey of more than 500 fund managers and other key industry participants.
The winners in each category are:
FUND MANAGERS
Best Convertible Bond Arbitrage Hedge Fund – Lazard Asset Management, Lazard Rathmore Plus Fund
Best Credit Hedge Fund Over $1 Billion – Hildene Capital Management, LLC
Best Credit Hedge Fund Under $500 Million – Freedom Financial Asset Management, Freedom Consumer Credit Fund, LLC
Best Credit Hedge Multi-Strategy Hedge Fund – Prime Meridian Capital Management, Prime Meridian Income Fund
Best Cryptocurrency Hedge Fund – Bitrock Capital Partners, LP
Best Direct Lending Hedge Fund – Colchis Capital Management, L.P., Colchis RBLF Ltd.
Best Discretionary Macro Strategy Hedge Fund – Norbury Partners
Best Emerging Manager: Credit Hedge – ASG Capital
Best Emerging Manager: Equity Hedge – Della Parola (Grizzly Bear Investment Fund)
Best Emerging Macro Manager – Calvion Capital Management LP, Calvion Capital Master Fund LP
Best Emerging Market Debt Hedge Fund – MicroVest Capital Management, MicroVest Short Duration Fund
Best Energy Commodity (Macro Commodity) Hedge Fund – Sigma Advanced Capital Management – Carbon Neutral Alpha Program (CNA)
Best Equity Hedge Fund Over $1 Billion – Electron Capital Partners LLC
Best Equity Hedge Fund Under $500 Million – Fairlight Capital LLC, Fairlight Alpha Fund.
Best Long Biased Equity Hedge Fund – Masonry Capital Management, Masonry Partners Fund
Best Event Driven Distressed Hedge Fund – P. Schoenfeld Asset Management LP, Rebound Fund
Best Event Driven Multi-Strategy Hedge Fund – First Trust Capital Solutions LP, Vivaldi Capital Management LLC – Highland Capital Management LP
Best Long/Short Credit Hedge Fund – Lombard Odier Investment Managers, 1798 CREDIT CONVEXITY FUND
Best Long/Short Equity Hedge Fund – ELCO Management Co LLC, ELCO Select Fund LP
Best Macro Driven Over $1 Billion – Graham Capital Management, Quant Macro Strategy
Best Macro Multi-Strategy Strategy Hedge Fund – Mount Lucas Management LP, MLM Macro – Peak.
Best Macro Under $500 Million – Martin Fund Management LP, Martin Options Fund LP
Best Merger Arbitrage Event Driven Hedge Fund – Chicago Capital Management LLC, Chicago Capital Management LP
Best Special Situation Event Driven Hedge Fund – Clearline Capital LP
Best Structured Credit Hedge Fund – Freedom Financial Asset Management LLC, Freedom Consumer Credit Fund LLC Series B
Best Statistical Arbitrage Hedge Fund – BlackBox Group LLC, BlackBox Master Fund
Best Global Asset Allocation (GAA) Hedge Fund – Ridgedale Advisors LP
Best Fixed Income Arbitrage Hedge Fund – Axonic Capital, Axonic Systematic Arbitrage Fund
Best Long Only Equity Hedge Fund – Bayard Asset Management (The Bayard Global High Dividend Yield Fund LP)
Best Commodity Trading Advisors (CTA) Strategy Hedge Fund – Campbell
SERVICE PROVIDERS
Best Administrator – Digital Assets – NAV Fund Administration Group
Best Administrator – ESG – The Citco Group of Companies
Best Administrator – Overall – SS&C Technologies
Best Administrator – Start-up & Emerging Funds – Opus Fund Services
Best Administrator – Technology – UMB Fund Services
Best Offshore Administrator – Artex
Best AI Technology Provider – Axyon
Best Trading and Execution Platform – Refinitiv
Best Audit Firm – Middle Market – Withum
Best Audit Firm – Overall – RSM
Best Audit Firm – Start-Ups – Akram & Associates PLLC
Best Cloud Services Provider – Options
Best Custodian Services – BNY Mellon
Best Data Management Solution – Backstop Solutions
Best Data Provider – Overall – Verity
Best Data Science Solution Provider – Equity Data Science (EDS)
Best Digital Assets Custodian – Copper.co
Best ESG Solution – Apex Group
Best Foreign Exchange Solution – StoneX
Best Fund Accounting and Reporting Software – SS&C Advent
Best Index Provider – S&P
Best Insurance Service Provider – Alliant
Best Law Firm – Digital Assets – Cole-Frieman & Mallon LLP
Best Law Firm – Fund Domicile – Walkers
Best Law Firm – Overall – Seward & Kissel LLP
Best Managed Accounts Platform – Innocap
Best Outsourced Solution – Murano
Best Hedge Fund Domicile – Cayman Islands
Best Outsourced Trading Provider – Cowen
Best Portfolio Management Software – SS&C Eze
Best PR and Communications Firm – Peaks Strategies
Best Prime Broker – BTIG
Best Prime Broker – Start-Up & Emerging Managers – JonesTrading
Best Prime Broker – Client Service – Clear Street
Best Prime Broker – Capital Introduction – Jefferies
Best Quant Technology Solution – SigTech
Best Executive Search Firm – Selby Jennings
Best Regulatory Advisory & Compliance Firm – Vigilant Compliance LLC
Best Regulatory Hosting Solution – Waystone
Best Regulatory Reporting Solution – Centralis Governance, Risk & Compliance
Best Research Solution – AlphaSense
Best Risk Management Software – Cassini Systems
Best Seeding Platform – Investcorp Tages
Best Tax Advisory – Cohen & Company
Best Third-Party Marketing Firm – Sondhelm Partners
Best OMS – FlexTrade Systems
Best Treasury Management Solution – Kayenta
Best Cybersecurity Provider – Align Managed Services
Best Alternative Data Provider – Neudata
