Absolute Return awards update: Axonic, Citadel, Pine River funds among new nominees

January 07, 2013   Rob Copeland

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Sixty-five Americas hedge fund firms in line for potential honors in latest round of nominations.


[ Update: Click here for the FINAL nominations]

York Capital Management's Jamie Dinan accepts his trophy at the 2011 AR Awards. The York Credit Opportunities Fund won the award for long-term performance (10 years). (Photo:John Marolakos for AR)

The field is beginning to shake out for the 2012 Absolute Return Awards, to be held February 12 at Gotham Hall in the heart of New York City (see complete nominee list below).

With November's performance in, funds managed by 65 hedge fund firms have been nominated for 17 different awards. Newly announced categories include Global Equity, which pits Citadel Global Equities against Tiger Global and four other competitors; and New Fund of the Year, which features a variety of new players and new funds from major management companies like GoldenTree Asset Management and Passport Capital.

These updated nominations, which add more than two dozen names to the list, fill out some of the most hotly-contested awards. Axonic Credit Opportunities and Rimrock High Income Plus have been added to the Fixed Income/Mortgage-Backed category, while MKP Credit and Sandler Associates are in the running for the fund with the best Long Term Performance.

As in previous years, the awards are aimed at trying to identify the funds with the best risk-adjusted returns--meeting the twin aims of hedge funds to deliver strong performance and manage volatility. For a full description of the methodology, please take a look at our nomination criteria.

Final nominations will be announced before the end of the month, taking into account full performance from 2012. The latest date to submit your firm's performance is January 15. Please contact:

Amal Robleh
Data & Research Associate
(212) 224-3403
arobleh@hedgefundintelligence.com

For further information about the event or to learn about sponsorship opportunities, please contact:

Ian Sanderson
Business Development Manager
+44 (0) 20 7779 7354
isanderson@hedgefundintelligence.com

Table reservations are available here.

2012 Absolute Return Awards

Updated nominees

(Based on 2012 YTD performance through November)

Nominated FundFirm Name
ARBITRAGE & CONVERTIBLES
Capstone VolatilityCapstone Investment Advisors
ParallaxParallax Volatility Advisers
Waterstone Market NeutralWaterstone Capital Management
Wolverine FlagshipWolverine Asset Management

CREDIT & HIGH YIELD
400 Capital Credit Opportunities400 Capital Management
BlueMountain Credit AlternativesBlueMountain Capital Management
Brevan Howard Credit CatalystsBrevan Howard Asset Management
King Street CapitalKing Street Capital Management
Marathon Securitized Credit Marathon Asset Management
MKP CreditMKP Capital Management
DISTRESSED
Candlewood Special SituationsCandlewood Group
Contrarian CapitalContrarian Capital Management
Hildene OpportunitiesHildene Capital Management
KnightheadKnighthead Capital Management,
Marathon Special OpportunityMarathon Asset Management
York Credit OpportunitiesYork Capital Management
EVENT DRIVEN
ECF ValueGates Capital Management
JANA OffshoreJANA Partners
Litespeed PartnersLitespeed Management
Pentwater EventPentwater Capital Management
Third Point OffshoreThird Point
Venor Capital Offshore Venor Capital Management
FIXED INCOME & MORTGAGE-BACKED
Axonic Credit OpportunitiesAxonic Capital
Candlewood Structured CreditCandlewood Group
LibreMax PartnersLibreMax Capital
Metacapital Mortgage OpportunitiesMetacapital Management
Pine River Fixed IncomePine River Capital Management
Rimrock High Income PlusRimrock Capital Management
SPM Structured Servicing HoldingsStructured Portfolio Management
GLOBAL EQUITY
1798 Fundamental StrategiesLombard Odier Asset Management (USA)
Citadel Global EquitiesCitadel Investment Group
HG Strategy Long & ShortCredit Suisse Hedging-Griffo
IVA Overseas International Value Advisers
Tiger GlobalTiger Global Management
Wells Street PartnersBrookfield Investment Management
GLOBAL MACRO
Alphadyne InternationalAlphadyne Asset Management
Bridgewater All WeatherBridgewater Associates
MKP OpportunityMKP Capital Management
MANAGED FUTURES
Black River Commodity TradingBlack River Asset Management
CrabelCrabel Capital Management
QIM Quantitative Global ProgramQuantitative Investment Management
MULTISTRATEGY
Beach Point Total ReturnBeach Point Capital Management
Canyon Value RealizationCanyon Capital Advisors
Citadel WellingtonCitadel Investment Group
Hudson BayHudson Bay Capital Management
Pine River Master FundPine River Capital Management
SPM CoreStructured Portfolio Management
SPECIALIST EQUITY
Advantage Advisors Xanthus FundOppenheimer Asset Management
Dorsal Capital PartnersDorsal Capital Management
JANA NirvanaJANA Partners
Renaissance Institutional EquitiesRenaissance Technologies
Visium BalancedVisium Asset Management
U.S. EQUITY
Corsair Capital PartnersCorsair Capital Advisors
Force Capital IIForce Capital Management
Lakewood Capital PartnersLakewood Capital Management
Marcato InternationalMarcato Capital Management
StelliamStelliam Investment Management
NEW FUND OF THE YEAR
GoldenTree CLO Debt Investment FundGoldenTree Asset Management
Karya FundKarya Capital Management LP
Passport M1Passport Capital LLC
PCM Provident MBSProvident Advisors LLC
Pine River Financial ServicesPine River Capital Management
EMERGING MANAGER & SMALLER
($100m - $500m)
Bowery OpportunityBowery Investment Management LL
HG Vora Special OpportunitiesHG Vora Capital Managment
Kerrisdale PartnersKerrisdale Advisers
LJM FundLJM Partners
Midway Market NeutralThe Midway Group
Mudrick Distressed OpportunityMudrick Capital Management
North Star PartnersNorth Star Advisors
LONG TERM PERFORMANCE (5 years)
BlueMountain Credit AlternativesBlueMountain Capital Management
Halcyon Offshore Asset Backed ValueHalcyon Asset Management
Hudson BayHudson Bay Capital Management
Millennium InternationalMillennium International Management
Providence MBSProvidence Investment Management
SPM Structured Servicing HoldingsStructured Portfolio Management
LONG TERM PERFORMANCE (10 years)
King Street Capital King Street Capital Management
Millennium InternationalMillennium International Management
MKP CreditMKP Capital Management
Sandler AssociatesSandler Capital Management
SPM Structured Servicing HoldingsStructured Portfolio Management
York Credit OpportunitiesYork Capital Management
MANAGEMENT FIRM OF THE YEAR
Citadel Investment GroupCitadel Investment Group
JANA PartnersJANA Partners
MKP Capital ManagementMKP Capital Management
Pine River Capital ManagementPine River Capital Management
Structured Portfolio ManagementStructured Portfolio Management