Key Takeaways
- • Hedgeweek® US Awards 2025 ceremony held October 9, 2025 in New York, recognizing fund manager performance and service provider excellence across hedge fund categories, with winners based on performance data through March 2025.
- • Top emerging manager winners span multiple strategies: Mara River Capital Management LP won Emerging Performance of the Year for Equity Long/Short and Overall Emerging Fund of the Year; The Ambrus Group, Saba Capital Management, ANB Investments, The Hyperion Fund LLC, and Man Group won in their respective emerging categories (Market Neutral, Event Driven, Managed Futures/CTA, Multi-Strategy, and Quantitative).
- • Established large-cap performers recognized: Citadel won Discretionary Macro Fund over $1bn; Yacktman Asset Management (AMG Yacktman Focused Fund) won Equity Long Biased Hedge Fund over $1bn; Sandglass Capital and Hildene Capital Management won Credit Distressed and Securitized/Structured categories in the $250m–$1bn range.
- • Service provider sector dominated by audit and administrative firms: Withum named Audit Firm of the Year Overall; Citrin Cooperman for Middle Market; Cohen & Co for Start-up category; Citco Group named Overall Fund Administrator of the Year; Maples Group won Offshore Fund Administrator and Regulatory & Compliance honors.
- • Awards based on third-party data through Q1 2025: Hedgeweek clarified that awards do not constitute endorsements and are calculated from entrant-provided data and third-party data providers, with voting deadline of August 8, 2025.
Summary
Hedgeweek® announced the winners of its 2025 US Awards on October 9, 2025, at an exclusive ceremony in New York, recognizing excellence among hedge fund managers and service providers. The awards evaluate fund performance and operational quality across a comprehensive set of categories spanning equities, credit, derivatives, and multi-strategy vehicles.
The emerging manager category produced multiple winners across distinct strategies. Mara River Capital Management LP achieved the strongest recognition, winning both Emerging Performance of the Year in Equity Long/Short and Overall Emerging Fund of the Year. The Ambrus Group captured Emerging Performance of the Year for Equity Market Neutral; Saba Capital Management won in Event Driven; ANB Investments in Managed Futures/CTA; The Hyperion Fund LLC in Multi-Strategy; and Man Group in Quantitative Strategies—indicating broad diversity in successful emerging strategies during the evaluation period.
Established, larger-scale managers dominated the absolute performance categories. Citadel secured Discretionary Macro Fund Performance of the Year in the over-$1 billion range, while Yacktman Asset Management (trading as AMG Yacktman Focused Fund) won Equity Long Biased Hedge Fund Performance of the Year in the same tier. In the $250 million to $1 billion category, Sandglass Capital won Credit Distressed Hedge Fund honors and Hildene Capital Management won Credit Securitised/Structured Hedge Fund performance recognition.
The service provider segment reflected consolidation and specialization among audit, fund administration, and compliance firms. Withum took the overall Audit Firm of the Year award, with Citrin Cooperman recognized for Middle Market audit services and Cohen & Co honored in the start-up segment. Citco Group was named Overall Fund Administrator of the Year, while Maples Group secured dual recognition for Offshore Fund Administrator and Regulatory & Compliance services. Align received the Cloud Services Provider award.
Hedgeweek emphasized that awards are calculated from performance data provided by entrants and verified by third-party data providers through March 2025. The organization noted that the awards should not be considered formal endorsements and that other surveys using identical criteria may produce different conclusions.
The emerging manager category produced multiple winners across distinct strategies. Mara River Capital Management LP achieved the strongest recognition, winning both Emerging Performance of the Year in Equity Long/Short and Overall Emerging Fund of the Year. The Ambrus Group captured Emerging Performance of the Year for Equity Market Neutral; Saba Capital Management won in Event Driven; ANB Investments in Managed Futures/CTA; The Hyperion Fund LLC in Multi-Strategy; and Man Group in Quantitative Strategies—indicating broad diversity in successful emerging strategies during the evaluation period.
Established, larger-scale managers dominated the absolute performance categories. Citadel secured Discretionary Macro Fund Performance of the Year in the over-$1 billion range, while Yacktman Asset Management (trading as AMG Yacktman Focused Fund) won Equity Long Biased Hedge Fund Performance of the Year in the same tier. In the $250 million to $1 billion category, Sandglass Capital won Credit Distressed Hedge Fund honors and Hildene Capital Management won Credit Securitised/Structured Hedge Fund performance recognition.
The service provider segment reflected consolidation and specialization among audit, fund administration, and compliance firms. Withum took the overall Audit Firm of the Year award, with Citrin Cooperman recognized for Middle Market audit services and Cohen & Co honored in the start-up segment. Citco Group was named Overall Fund Administrator of the Year, while Maples Group secured dual recognition for Offshore Fund Administrator and Regulatory & Compliance services. Align received the Cloud Services Provider award.
Hedgeweek emphasized that awards are calculated from performance data provided by entrants and verified by third-party data providers through March 2025. The organization noted that the awards should not be considered formal endorsements and that other surveys using identical criteria may produce different conclusions.
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