Niederhoffer's fund Matador won the MAPA award as the best CTA fund. Kudos! ============ 2006 MARHedge Performance Awards Winners Announced NEW YORK, April 7, 2006 - MARHedge, Allenbridge Hedgeinfo and Schmidt Research Partners announced the winners last night of the 2nd MARHedge Annual US Performance Awards (MAPAs). More than 300 fund managers, investors and industry participants honored the winners and finalists in 13 categories last night at a dinner and ceremony at the St. Regis Hotel in New York. Notable were repeat winners Ore Hill Partners LLC and Lucas Capital Management LLC, who took home honors this year in the Multistrategy and Long/Short Equity categories, respectively. Winners in new categories for the 2006 MAPAs included Manchester Trading LLC (CTA), Sprott Asset Management Inc (Canada-Based Manager), Neuberger Berman Investment Services LLC (Newcomer, for Satori Technology Fund I LP), Lighthouse Investment Partners LLC (Fund of FundsâSingle Strategy), Private Advisors LLC (Fund of FundsâMultistrategy <$200 Million) and Blue Alternative Asset Management LLC (Fund of FundsâMultistrategy >$200 Million) âOur goalâboth for the MAPAs and for MARHedge in generalâis to recognize the industry leaders of today and to identify the next generation of talent,â said Randall S. Devere, Editor-in-Chief of MARHedge. âThe winners are to be congratulated for the returns theyâve generated for their investors and for the example theyâve set for the rest of the industry.â The winners for the 2006 US MARHedge Performance Awards are: Long/Short Equity Kuroto Fund LP Mason Hill Advisors LLC Long/Short Specialist Lucas Energy Total Return Partners LP Lucas Capital Management LLC Global Macro Clarium LP Clarium Capital Management LLC CTA Matador Fund Ltd Manchester Trading LLC Relative Value/Arbitrage MKP Credit LP MKP Capital Management LLC Event Driven Bay Harbour 90-1 Ltd Bay Harbour Management LC Multistrategy Ore Hill Fund LP Ore Hill Partners LLC Niche/Innovation Zazove High Yield Convertible Securities Fund LP Zazove Associates LLC Canada-Based Manager Sprott Offshore Fund Ltd Sprott Asset Management Inc Newcomer Satori Technology Fund LP Neuberger Berman Investment Services LLC FoFâSingle Strategy Lighthouse Credit Opportunities Fund Lighthouse Investment Partners LLC FoFâMultistrategy <$200M The Hedged Strategies Fund LP Private Advisors LLC FoFâMultistrategy >$200M Blue Elite Fund Ltd Blue Alternative Asset Management LLC Joining Devere as MAPAs judges were Odi Lahav, Director of Allenbridge Hedgeinfo; Jacob H. Schmidt, Founder and Director of Schmidt Research Partners; John Bailey, Founder and CEO of Spruce Private Investors LLC, an absolute return investment boutique that manages $1.3 billion in assets for affluent individuals, family offices and charitable institutions; and Anne Marie Gagnon, Executive Director of the Alternative Investment Group at Morgan Stanley, where she oversees the firmâs fund-of-funds platform for distribution into its private-client network. The judging decisions were based primarily on performance, but also took into account qualitative and structural criteria. Evaluation for all categoriesâwith the exception of the Newcomer groupâwas based on two years of absolute returns and ratios (Sharp, Sortino, Omega). About MARHedge MARHedge is the leading hedge fund industry information source. MARHedge includes editorial bureaus around the world, with a publication, real-time website, breaking news emails, global conference business and access to the leading fund manager performance directory, via a strategic partnership with The Barclay Group. About Allenbridge Hedgeinfo Allenbridge Hedgeinfo is a dedicated global research and ratings firm, specializing in structural, qualitative and quantitative analysis of hedge funds and funds of hedge funds. Allenbridge hedge fund ratings are internationally recognized as benchmarks for alternative investments by investors, intermediaries and product providers. About Schmidt Research Partners Schmidt Research Partners is a financial markets and hedge fund research firm, specializing in quantitative and qualitative risk management. Its founder and director of research is Jacob H Schmidt, an international expert in global financial markets. Schmidt Research Partners is part of SFP-International Limited, a London based global consulting firm. For further information, please contact: Randall S. Devere Editor-in-Chief MARHedge +1-646-274-6258 rdevere@marhedge.com Odi Lahav Director Allenbridge Hedgeinfo +44-20-7318-6315 odi.lahav@allenbridge.co.uk Jacob H. Schmidt Founder and Director Schmidt Research Partners +44-20-7868-2222 jschmidt@sfp-international.com
non sequitur. there are very specific guidelines for fund/manager rankings. in this context its far from relative. you still buying lunch in feb ? regards, surfer
I know about the guidelines and rankings. I wasn't referring to that, I was just stating that, "Top" is a relative term. A man standing on "Top" of the highest mountain says, "I am on top". Then a plane flies overhead, out of the ear shoot of the man and the sole occupant, the pilot says, "I am on top". Then the space station floats miles above the plane . . . . "Top" is a relative term. Sure lunch is still on if I can break away from Rudy for a few hours.