Absolute Return Awards finalized: D. E. Shaw, Appaloosa, Lombard Odier squeak in for shot at honors

By Rob Copeland, Amal Robleh

Mon Jan 28, 2013

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Nominees include hedge fund industry's biggest stars.


  
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). That fund is again nominated in that category and for Distressed fund of the year. (Photo: John Marolakos for AR)

And they're off!

The wait is over and the final nominees for the Absolute Return Awards for 2012 have been revealed. High-performing managers added to the line-up of contenders include Appaloosa Management, Coatue Management, the D. E. Shaw Group, Lombard Odier Asset Management and Tilden Park Capital Management.

These eminent names, who excelled in a muted year, join previously announced nominees Citadel, King Street Capital, MKP Capital Management, Structured Portfolio Management, and many others. In some categories, such as fixed income/mortgage backed securities, as many as eight top performers will vie for the coveted award, as very tightly matched risk-adjusted returns separate managers from their rivals.

The awards will be held February 12 at Gotham Hall in New York City, following a cocktail hour and seated dinner. The complete nominee list is below; further information about booking a table for the night is available here.

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. The full 12 months of calendar year performance for 2012 will be considered. (For a fuller description of the methodology please take a look at the  nomination criteria.)

The nominees and winner of Fund of the Year will be revealed the night-of.

Kindly direct questions about event attendance or sponsorship opportunities to:
Ian Sanderson
+44 (0) 20 7779 7354
isanderson@hedgefundintelligence.com

For inquiries regarding the judging process (nominations are officially closed):
Damian Alexander
+44 (0) 20 7779 7361
dalexander@hedgefundintelligence.com

2012 Absolute Return Awards

Final Nominees

Nominated Fund Management company
ARBITRAGE & CONVERTIBLES
Alphabet Partners Saiers Capital
Capstone Volatility Capstone Investment Advisors
Parallax Parallax Volatility Advisers
Paulson International Paulson & Co
Waterstone Market Neutral Waterstone Capital Management
Wolverine Flagship Wolverine Asset Management
CREDIT & HIGH YIELD
400 Capital Credit Opportunities 400 Capital Management
BlueMountain Credit Alternatives BlueMountain Capital Management
Brevan Howard Credit Catalysts Brevan Howard Asset Management
Candlewood Structured Credit Candlewood Group
King Street Capital King Street Capital Management
Marathon Securitized Credit Marathon Asset Management
MKP Credit MKP Capital Management
Waterfall Eden Waterfall Asset Management
DISTRESSED
Candlewood Special Situations Candlewood Group
Contrarian Capital Contrarian Capital Management
Hildene Opportunities Hildene Capital Management
Knighthead Knighthead Capital Management
Marathon Special Opportunity Marathon Asset Management
Palomino Appaloosa Management
York Credit Opportunities York Capital Management
EVENT DRIVEN
ECF Value  Gates Capital Management
JANA Offshore JANA Partners
Litespeed Partners Litespeed Management
Pentwater Event Pentwater Capital Management
Third Point Ultra Third Point
Venor Capital Offshore Venor Capital Management
FIXED INCOME
Axonic Credit Opportunities Axonic Capital
LibreMax Partners LibreMax Capital
Metacapital Mortgage Opportunities Metacapital Management
Pine River Fixed Income Pine River Capital Management
Rimrock High Income Plus Rimrock Capital Management
Seer Capital Partners Seer Capital Management
SPM Structured Servicing Holdings Structured Portfolio Management
Tilden Park Tilden Park Capital Management
GLOBAL EQUITY
1798 Fundamental Strategies Lombard Odier Asset Management (USA) Corp
Citadel Global Equities Citadel
Pacific & General Investments Dalton Investments
Tiger Global Tiger Global Management
Wells Street Partners Brookfield Investment Management
GLOBAL MACRO
Alphadyne International Master Alphadyne Asset Management
Bridgewater All Weather Bridgewater Associates
D. E. Shaw Heliant D. E Shaw
D. E. Shaw Oculus  D. E Shaw
MKP Opportunity MKP Capital Management
PIMCO Absolute Return Strategy Pacific Investment Management Company
MANAGED FUTURES
Black River Commodity Trading Black River Asset Management
Campbell Global Assets Campbell & Company
Crabel Crabel Capital Management
Eclipse Global Monetary Program Eclipse Capital Management
Quantitative Global Program Quantitative Investment Management
MULTISTRATEGY
Beach Point Total Return Beach Point Capital Management
Canyon Value Realization Canyon Capital Advisors
Citadel Wellington Citadel
Hudson Bay Hudson Bay Capital Management
Pine River Master  Pine River Capital Management
SPM Core Structured Portfolio Management
SPECIALIST
Caduceus Capital OrbiMed Advisors
Citadel Tactical Trading Citadel
Coatue Offshore Coatue Management
Dorsal Capital Partners Dorsal Capital Management
JANA Nirvana JANA Partners
Perceptive Life Sciences Perceptive Advisors
Renaissance Institutional Equities Renaissance Technologies
Visium Balanced Visium Asset Management
U.S. EQUITY
Corsair Capital Partners Corsair Capital Advisors
Force Capital II Force Capital Management
Lakewood Capital Partners Lakewood Capital Management
Marcato International Marcato Capital Management
Stelliam Stelliam Investment Management
NEW FUND AWARD
1798 Consumer Equity Long Short Lombard Odier Asset Management (USA) Corp
Cambrian Global Atlantic Investment Management
Canyon Structured Assets Canyon Capital Advisors
GoldenTree CLO Debt Investment  GoldenTree Asset Management
Hildene Opportunities II Hildene Capital Management
Karya  Karya Capital Management
PCM Provident MBS Provident Advisors
Pine River Liquid Rates Pine River Capital Management
EMERGING MANAGER & SMALLER ($100m - $500m)
Bowery Opportunity Bowery Investment Management
HG Vora Special Opportunities HG Vora Capital Managment
Kerrisdale Partners Kerrisdale Advisers
LJM  LJM Partners
Midway Market Neutral The Midway Group
Mudrick Distressed Opportunity Mudrick Capital Management
LONG TERM PERFORMANCE (5 years)
BlueMountain Credit Alternatives BlueMountain Capital Management
Citadel Tactical Trading Citadel
Halcyon Offshore Asset Backed Value Halcyon Asset Backed Advisors
Hudson Bay Hudson Bay Capital Management
Millennium International Millennium International Management
Providence MBS Providence Investment Management
SPM Structured Servicing Holdings Structured Portfolio Management
LONG TERM PERFORMANCE (10 years)
King Street Capital King Street Capital Management
Millennium International Millennium International Management
MKP Credit MKP Capital Management
Sandler Associates Sandler Capital Management
SPM Structured Servicing Holdings Structured Portfolio Management
York Credit Opportunities York Capital Management
MANAGEMENT FIRM OF THE YEAR
Citadel
D. E Shaw
JANA Partners
MKP Capital Management
Pine River Capital Management
Structured Portfolio Management


ISSN: 2151-1845 / CDC10004H