Garden City, NY (PRWEB) October 24, 2014
Concept Capital Markets, LLC earned the Best Boutique Prime Broker Award at the HFMWeek US Hedge Fund Services Awards yesterday in New York. The firm was also a finalist in each of the other prime broker categories, including Best Overall Prime Broker, Best Prime Broker – Innovation, Best Prime Broker – Technology, Best Prime Broker - Capital Introduction, and Best Prime Broker – Consulting Services. The HFMWeek awards are based on nominations made on our behalf the service providers, submissions made by the respective firms, and importantly, input provided by their clients. A panel of judges from the investment management community then selects the winners.
“We are grateful to HFMWeek for this recognition and for being included among the distinguished roster of hedge fund service providers honored this year,” said Jack Seibald, co-founder and Managing Member. “We aim to earn our clients’ business every day by serving as a trusted and loyal partner and delivering the prime brokerage solutions they’ve come to expect of us, and we appreciate the testimonials provided by our clients in support of our consideration for the awards” he continued.
“Fund managers face many demands every day as they search out the best possible investment and trading opportunities for their clients’ assets. Our mission at Concept is to deliver the custody, execution and clearing, operational support, and portfolio management and reporting solutions that free our clients to focus on their core competencies. We believe the Concept team is uniquely equipped to understand and anticipate our clients’ needs and preferences because of our diverse set of experiences and skill sets that include launching and managing hedge funds, trading on a variety of execution and order management systems, clearing and settling trades at multiple clearing firms, providing operational and technology support to wide ranging investment strategies, utilizing portfolio reporting technologies, implementing compliance procedures, and raising capital. We continue to invest in technology and talented individuals in an effort to deliver the tools and support services that enhance our clients’ ability to manage their businesses. These investments have resulted in a large number of new client mandates over the past year, including those assumed from two other prime brokerage firms who opted to transition their businesses to our firm earlier this year, and allowed us to retain existing clients at an exceptionally high rate,” he concluded.
About Concept Capital Markets, LLC:
Concept Capital offers a comprehensive suite of brokerage and related services that provide traditional and alternative investment managers with solutions that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family offices, and registered investment advisors with turn-key solutions designed to free its clients to focus on their core competencies. Our offering features world-class custody and clearing options, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a range of financing options, a highly professional operations and customer support team, comprehensive portfolio reporting capabilities, and capital introduction. Concept Capital Markets, LLC is headquartered in Garden City, New York and operates offices in New York City and Purchase, NY, Greenwich, CT, El Segundo and Santa Monica, CA, Atlanta, GA, and Boca Raton, FL. The firm is registered as a Broker Dealer and Investment Adviser with the SEC, and is a member of FINRA, NFA, and SIPC. For additional information, visit http://www.conceptcapital.com.
About HFM Week:
HFMWeek is the leading resource for current global hedge fund news. Through its daily news website and weekly magazine, HFMWeek delivers in-depth coverage of the latest hedge fund developments and people moves, as well as detailed analysis, market intelligence and reports, along with a programme of free events. HFMWeek's cutting-edge features and news analysis cover all aspects of operating a successful hedge fund, including searches, prime brokerage, fund administration, risk management, front-to-back-end technology and legal and regulatory issues. HFMWeek magazine and hfmweek.com are wholly owned by Pageant Media Limited, an independent publishing company that was formed in February 1998 and has grown to become a leading information provider within its core markets. For additional information, visit http://www.hfmweek.com.