Key Takeaways
- • SkyBridge Capital was named 'Best Diversified Fund of Hedge Funds over 10 years' for one of its offshore funds at the Hedge Funds Review Americas Awards, held in New York City on July 30, 2015, marking its second consecutive year in the category.
- • Winners were selected through a methodology combining quantitative and qualitative analysis, with top-quartile funds ranked on returns, Sharpe and Sortino ratios, and downside deviation before review by a panel of judges.
- • SkyBridge reported approximately $13.5 billion in assets under management and advisement as of May 31, 2015.
- • Ray Nolte, co-managing partner and chief investment officer, credited the firm's decade-long performance and track record for the recognition.
Summary
SkyBridge Capital, a global investment management firm, was named 'Best Diversified Fund of Hedge Funds over 10 years' for one of its offshore funds at the Hedge Funds Review Americas Awards, held in New York City on July 30, 2015, according to a company press release distributed via PR Newswire on August 2, 2015. The award marks the second consecutive year SkyBridge has won in this category.
The Hedge Funds Review Americas Awards recognize hedge funds and funds of hedge funds in the U.S., Canada and Latin America that have outperformed peers and demonstrated growth through the volatility of the past year. Per the release, funds meeting qualification criteria and posting top-quartile returns in their category were ranked on returns, Sharpe and Sortino ratios, and downside deviation. The funds with the best aggregate ranking formed a long list that was reviewed by a panel of judges.
Ray Nolte, co-managing partner and chief investment officer at SkyBridge, said the firm was honored to be recognized for the performance and track record built over the last decade. He noted the investment team's focus on evaluating global investment themes and exploring innovative opportunities alongside due diligence and risk assessment.
SkyBridge manages thematic, forward-looking multi-strategy funds of hedge funds. Its commingled fund-of-hedge-funds lineup includes an offshore fund and several onshore multi-strategy funds designed to add diversification to broader portfolios. The firm also previously received awards at the same event for Best Diversified Fund of Hedge Funds Over 10 Years (2014), Fund of Hedge Fund of the Year (2013), Best Diversified Fund of Hedge Funds Over One Year (2013), and Best Diversified Fund of Hedge Funds Over Three Years (2012).
SkyBridge describes itself as a global alternative investment firm with approximately $13.5 billion in assets under management and advisement as of May 31, 2015. Its offerings include commingled funds of hedge funds, customized separate account portfolios, hedge fund advisory services and a long-only mutual fund. The firm is headquartered in New York with offices in Palm Beach Gardens, Florida, Zurich, Switzerland and Seoul, South Korea.
The Hedge Funds Review Americas Awards recognize hedge funds and funds of hedge funds in the U.S., Canada and Latin America that have outperformed peers and demonstrated growth through the volatility of the past year. Per the release, funds meeting qualification criteria and posting top-quartile returns in their category were ranked on returns, Sharpe and Sortino ratios, and downside deviation. The funds with the best aggregate ranking formed a long list that was reviewed by a panel of judges.
Ray Nolte, co-managing partner and chief investment officer at SkyBridge, said the firm was honored to be recognized for the performance and track record built over the last decade. He noted the investment team's focus on evaluating global investment themes and exploring innovative opportunities alongside due diligence and risk assessment.
SkyBridge manages thematic, forward-looking multi-strategy funds of hedge funds. Its commingled fund-of-hedge-funds lineup includes an offshore fund and several onshore multi-strategy funds designed to add diversification to broader portfolios. The firm also previously received awards at the same event for Best Diversified Fund of Hedge Funds Over 10 Years (2014), Fund of Hedge Fund of the Year (2013), Best Diversified Fund of Hedge Funds Over One Year (2013), and Best Diversified Fund of Hedge Funds Over Three Years (2012).
SkyBridge describes itself as a global alternative investment firm with approximately $13.5 billion in assets under management and advisement as of May 31, 2015. Its offerings include commingled funds of hedge funds, customized separate account portfolios, hedge fund advisory services and a long-only mutual fund. The firm is headquartered in New York with offices in Palm Beach Gardens, Florida, Zurich, Switzerland and Seoul, South Korea.
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