Originally published by Hedgeweek on June 8th, 2023:
Voting for the awards, which were presented today (8 June) at an exclusive ceremony and networking event at the Convene 101 in New York, was conducted via an online poll of the entire Hedgeweek userbase, where participants were 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, while the service provider categories span all the key areas of the broader hedge fund industry ecosystem.
Pre-selection data for the awards was provided by Bloomberg, based on 2022 Calendar Year fund performance (31 December, 2021 to 31 December, 2022).
To be eligible, nominees had to be primarily domiciled in either the United States or Canada. Managers represented are amongst the youngest reporting managers within their award universe.
For the service provider categories, the nominated firms are based on a widespread survey of more than 100 emerging hedge fund managers.
The winners are:
MANAGERS
Best Emerging Manager – Equity Hedge – Invenomic Capital Management LP (Invenomic Fund LP)
Best Emerging Manager – Credit Hedge – Argentem Creek Partners, ACP Fund II LP
Best Emerging Manager – Macro – Ridgedale Advisors LP (Ridgedale MSP Partner Series)
Best Emerging Manager – Relative Value – Aequim Alternative Investments, Aequim Arbitrage Fund.
Best Emerging Manager – Event Driven – Coast Capital Management
Best Emerging Manager – Multi-Strategy – Glide Capital LLC (Glide Fund SPC Ltd – Smart Diverse Fund Segregated Portfolio)
Best Emerging Manager – Equity Long/Short – Wolf Hill Capital Management
Best Emerging Manager – Event Driven Multi-Strategy – BCK Capital Management LP
Best Emerging Manager – Direct Lending – Hi2 Investment Management (Hi2 Cayman Fund SPC)
Best Emerging Manager – Structured Credit – Pagaya Investments US LLC
SERVICE PROVIDERS
Best Audit Firm – Akram | Assurance, Advisory & Tax Firm
Best Administrator – Overall – NAV Fund Adminstation Group
Best Administrator – Technology – Theorem Fund Services
Best Administrator – Fund Domicile – The Catalyst Group
Best AI Technology Provider – Bipsync
Best Cloud Services Provider – Align Managed Service
Best Custodian – JP Morgan
Best Cybersecurity Provider – Richey May
Best Data Management Solution – Athena, Part of United Fintech
Best Data Provider – Overall – Quandi
Best Data Science Solution – BMLL Technologies
Best Executive Search Firm – Lockwood Exceutive Search
Best Foreign Exchange Solution – StoneX Group Inc
Best Fund Accounting and Reporting Software – UMB Fund Services
Best Index Provider – MSCI
Best Insurance Service Provider – Alliant
Best Law Firm – Fund Domicile – Loeb Smith
Best Law Firm – Overall – Morgan, Lewis & Bockius LLP
Best OMS – Enfusion
Best Outsourced Solution – Vigilant Compliance LLC
Best Outsourced Trading Provider – BTIG
Best Portfolio Management Software – PortfolioShop Inc
Best PR and Communications Firm – Lyceus Group
Best Prime Broker – Overall – Clear Street
Best Prime Broker – Capital Introduction – JonesTrading
Best Prime Broker – Client Service – TD Cowen
Best Quant Technology Solution – SigTech
Best Regulatory Advisory & Compliance Firm – Fund Domicile – Vigilant Compliance LLC
Best Regulatory Advisory & Compliance Firm – Overall – Waystone
Best Research Solution – NewtonX
Best Tax Advisory – Anchin
Best Third-Party Marketing Firm – Sondhelm Partners
Best Trading and Execution Platform – TS Imagine
Best Treasury Management Solution – Hazeltree Fund Services
