GEORGE TOWN, Grand Cayman, Nov. 3, 2010 /PRNewswire/ -- Continuing its leadership role in supporting new hedge fund products, dms Management Ltd. (DMS) presented the Equity Newcomer award at HFMWeek's annual US Performance Awards to Del Mar Index Opportunities Fund. Bringing together the leading industry players to celebrate the achievements of top performing US, Canadian and Latin American hedge funds and fund of hedge funds, the prestigious event was hosted in New York on October 26th.
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Founder and Managing Director of DMS, Don Seymour, presented the award to Del Mar Senior Portfolio Manager Ryan Longfield. Del Mar was among six funds nominated in the category for Equity Newcomer, including Broyhill Affinity Fund, Caerus Global Master Fund, Everest Capital Frontier Markets and Quantitative Tactical Aggressive Fund.
Commented Mr. Seymour, "DMS is committed to helping hedge fund managers succeed and we are proud of our legacy in assisting newcomers to grow over the last decade. Recognizing new managers who have demonstrated remarkable achievements and outperformed their peer groups during the start-up phase is something that DMS is honoured to do. These outstanding shortlisted funds represent the very finest newcomers who have distinguished themselves amongst other exceptional talent, in the most difficult market environment in decades, and we are proud to be a part of delivering the recognition they richly deserve."
More than 30 awards were presented at the awards ceremony in a number of categories, grouped under the broad headings of fund administration; advisory, accountancy and technology, prime brokerage and legal. The awards were judged both quantitatively and qualitatively, producing a final shortlist of candidates that have demonstrated financial progress, growth, client satisfaction, genuine product innovation and adaptability.
DMS is the largest management firm in the Cayman Islands focused on serving the hedge fund industry. Its principals serve as independent directors, advise hedge funds in distressed conditions, structure and service offshore hedge fund business solutions. With 12 directors and more than 50 industry professionals leveraging proprietary leading-edge technology, DMS is the most professional firm in fund governance and is internationally recognized as the industry leader. For more information, visit www.dmsmanagement.ky.
For more information on this press release please contact Nainna Leader, Business Development, at 345-749-2570 or [email protected].
SOURCE dms Management Ltd.
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