New York, New York (PRWEB) October 21, 2013
Twin Capital Management LLC, a New York-based hedge fund firm, announced today that its fund, Twin Securities, L.P., has been named “Best Merger Arbitrage Fund” at the 2013 HFMWeek U.S. Hedge Fund Performance Awards. This marks the second year in a row that Twin Capital Management LLC has won this award.
“We want to thank HFMWeek for recognizing Twin Capital with this award for two consecutive years,” said David Simon, founder of Twin Capital Management LLC. “This honor is a testament to the hard work and dedication of the entire Twin Capital team. Our in-depth analysis of investment opportunities and ability to find trades in even the most complex situations have helped generate consistent and uncorrelated returns in a very competitive space."
Winners were named in a wide range of strategies at the 2013 gala dinner and awards ceremony at Cipriani in New York City. According to HFMWeek, the US Performance Awards celebrate hedge funds and funds of hedge funds that have stood out in the competitive market over the past 12 months, rewarding those that have outperformed their peers and demonstrated impressive growth through the volatility of the last year.
HFMWeek is the leading resource for current global hedge fund news. HFMWeek’s judging panel consisted of a number of senior level industry representatives who looked at a combination of quantitative and qualitative information. These judges considered annual performance figures, but also took into account other statistics including volatility, risk management and track record.
About Twin Capital Management:
Twin Capital Management LLC is an alternative investment management firm founded by David Simon in 1988. The firm manages equity-based, event-driven strategies with the goal of consistently producing superior, risk-adjusted, and uncorrelated returns. Twin Capital Management’s investment process is uniquely designed to identify, analyze and maximize the upside of opportunities, while minimizing risk.
Past performance is not indicative of future results. The information contained in this press release does not constitute an offer to sell or the solicitation of an offer to purchase interests in any fund managed by Twin Securities, Inc. Such an offer or solicitation can only be made pursuant to a final offering memorandum, only to investors who meet certain eligibility requirements, and only in those jurisdictions where permitted by law. An investment in a private fund is not appropriate or suitable for all investors and involves the risk of loss, as well as other risks more fully described in the offering memoranda. Twin Securities, Inc. is a registered investment adviser. More information about the adviser can be found in its ADV Part 2, which is available upon request by calling 212-687-6834.