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Butterfield Fulcrum Nominated for Four Awards
Named One of Europe's Top Service Providers in HFMWeek's Inaugural Awards
| Source: Butterfield Fulcrum
LONDON and NEW YORK, NY--(Marketwire - May 18, 2009) - Butterfield Fulcrum, a leading
independent administrator for the alternative investment industry, today
announced it has been nominated in four categories for HFMWeek's Service
Provider Awards. This is the first time that HFMWeek, one of the leading
news sources for the hedge fund sector, will honor Europe's leading service
providers to the hedge fund industry.
Akshaya Bhargava, Butterfield Fulcrum's CEO, said, "At Butterfield Fulcrum,
we are truly honored to be recognized by our peers as a leader in the fund
administration space. We believe that these awards are an acknowledgement
of our commitment to provide our clients with transparent and customized
fund administration solutions, and our success in meeting transparency and
reporting requirements amidst a challenging environment. As a firm, we are
committed to continuing to meet the needs of the industry, especially in
areas such as operational risk management and transparency, and are
delighted to be recognized for our efforts."
Butterfield Fulcrum was nominated for four awards including Best Single
Manager Administrator, Most Innovative Fund Administrator, Best Fund of
Hedge Funds Administrator, and Best Overall Hedge Fund Administrator.
Joost Lobler, Managing Director of Business Development for EMEA and APAC
said, "Despite a difficult year for the industry as a whole, we have been
steadily increasing our share of the European market and see many
opportunities for further growth."
The awards will be presented during ceremonies held at London's Hurlingham
Club on May 21. In all, HFM Week will honor fund service providers in 17
different categories, including fund administration, prime brokerage,
technology, advisory services, public relations, and legal services.
Note to editors:
About Butterfield Fulcrum
Butterfield Fulcrum is a leading, independent administrator for the
alternative investment industry with 20 years experience servicing the
alternative investment industry. Led by experienced professionals,
Butterfield Fulcrum provides their clients with exceptional and customized
fund administration solutions. Headquartered in Bermuda, the company has
offices in nine countries and services over 700 funds. For more
information, please visit www.bfgl.com.