Wed, Sep 2, 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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  5. Opalesque Exclusive: Foundation returns slide, but commitment to alternatives remains[more]

    Bailey McCann, Opalesque New York: Private and community foundations posted returns of 6.1 percent for the 2014 fiscal year (January 1 – December 31, 2014), down from the 15.6 percent return reported for FY2013, according to the latest Council on Foundations–Commonfund Study of Investment of End

 

banner