NEW YORK and LONDON, Feb. 13, 2013 /PRNewswire/ -- HedgeServ, a global fund administrator, today announced that it has been named the overall winner of the Institutional Investor Alpha Awards for hedge fund administrators. HedgeServ was also the best performer across all service categories in the publication's survey of hedge fund service providers. The independently run firm outpaced its peers that comprise the Top Ten in hedge fund administration.
"We thank our clients and are proud to be named Top Fund Administrator by Institutional Investor's Alpha Awards. This distinguished recognition and validation from our clients speaks to the strengths of our model, which is designed to deliver the best client service in the industry," said Justin Nadler, president of HedgeServ.
Institutional Investor's Alpha Awards were determined by the feedback of decision-makers at nearly 500 hedge fund firms. Participating managers evaluated their administrators across nine categories: Client Service; Hedge Fund Expertise; Regulatory Expertise, Reporting & Reporting Technology; Fund Accounting; Investor Services; Cash & Collateral Management; Bank Debt & Derivatives Support; and Clearing & Settlement. In addition to HedgeServ, other ranked providers include BNY Mellon Alternative Investment Services, Citco Fund Services, Northern Trust Hedge Fund Services, and State Street Alternative Investment Solutions.
"Over the past five years, there has been significant momentum in our business. Our dynamic technology, experienced team and collaborative approach make the HedgeServ value proposition difficult to replicate. We deliver solutions to managers of all strategies that enable them to maintain a focus on growing their businesses. We will continue to invest in people and technology in keeping with our clients' expectations of HedgeServ," Nadler concluded.
HedgeServ is a client service-driven global fund administrator with unique capabilities. HedgeServ currently services over $160 billion of assets under administration, with more than 500 professionals across its offices in New York, Dublin, London, Chicago, Boston, and Grand Cayman. HedgeServ delivers top-ranked fund administration, middle office services, integrated risk & portfolio management, regulatory & compliance reporting, tax support, and complete shadow accounting services to over 140 managers. HedgeServ supports all alternative investment strategies within hedge funds, funds of hedge funds, private equity funds, managed accounts and managed account platforms, UCITS funds, and other institutional investment programs such as pensions, endowments, and asset managers.
For more information, please visit www.HedgeServ.com.
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