Wed, Jan 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Institutional Investor’s 9th Annual Hedge Fund Industry awards – winners

Thursday, June 23, 2011

Bruce Kovner
Opalesque Industry Update - The award ceremony was held on Monday, June 20th, 2011 in New York.

Hedge fund management awards
The Institutional Hedge Fund Firm of the Year award was given to Appaloosa Management (the main fund was up 10% YTD and the Thoroughbred fund 8% as at end-February).

The Emerging Hedge Fund Firm award was won by Hutchin Hill Capital.

The Credit-Focused Hedge Fund Firm award went to Fortress Investment Group (see last month’s Opalesque Exclusive on Fortress); the Equity-Focused Hedge Fund Firm award was given to Glenview Capital Management (which lost 50% of assets in 2008 but has been gaining back since); Third Point won the Event-Driven Hedge Fund Firm award (it was also one of AR Mag’s top funds last year); Bridgewater Associates got the Macro-Focused Hedge Fund Firm award (the world's biggest hedge-fund firm has nearly finished launching a $10bn hedge fund); Millennium Management was the Multistrategy Hedge Fund Firm of the Year (see February’s Opalesque Exclusive on Millennium); Capula Investment Management received the Relative Value hedge Fund Firm award (it got mandates from a couple of pensions this year).

Prisma Capital Partners won the Large Funds of Hedge Funds Firm award (also got a few pension mandates in the last year); and PineBridge Investments was given the Small Fund of Hedge Funds Firm of the Year award (it has been focusing on Asia and on start-ups lately).

The Hedge Fund Seeder Firm of the Year award went to Blackstone Group (see our related March Opalesque Exclusive).

Hedge fund investor awards
Boeing Co. won the Large Corporate Plan of the Year award; International Paper Co. the Small Corporate Plan award; University of Texas Investment Management Co. got the Large Endowment of the Year award; Cook Children’s Health Care System the Small Endowment award; Teacher Retirement System of Texas won the Large Public Plan of the Year award; and San Diego County Employees Retirement Association the Small Public Plan award.

The Family Office of the Year award went to Mount Vernon Investments, and the Hedge Fund Consultant of the Year award was given to James Mnookin, Cambridge Associates.

See whole list of nominees here: Source

The Lifetime Achievement Award Recipient was Bruce Kovner, Founder and Chairman, Caxton Associate (he was part of those hedge fund managers who met with Republicans last summer to draw up strategies for the mid-term U.S. elections); and the Outstanding Contribution Award Recipient was Jeffrey Scott, Chief Investment Officer, Alaska Permanent Fund Corp (he announced earlier this month he would join Wurts & Associates as CIO, after 3 years at Alaska).


Institutional Investors also named 30 Rising Stars of Hedge Funds:Source

B. Gravrand

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  4. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r

  5. Indices - Barclay CTA Index gains 7.71% in 2014; largest traders return 12.31% for the year, Wilshire Liquid Alternative Index family outperforms investable hedge fund index counterparts in 2014[more]

    Barclay CTA Index gains 7.71% in 2014; largest traders return 12.31% for the year The Barclay CTA Index compiled by BarclayHedge gained 7.71% in 2014. The Barclay BTOP50 Index, which measures performance of the largest CTAs, was up 12.31% in 2014. “The BTOP50 had a strong finish, e