EY named Leading Global Provider of Services to Hedge Funds

- EY receives distinction from The Hedge Fund Journal for the second consecutive year

- Recognized for superior experience and breadth of offerings

- Noted for excellence in the European service provider community

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Feb 14, 2017, 02:00 ET

LONDON, Feb. 14, 2017 /PRNewswire/ -- EY was named Leading Global Provider of Services to Hedge Funds by The Hedge Fund Journal Awards 2017. EY received this recognition for its superior experience and breadth of offerings to managers operating in the hedge fund space.

The Hedge Fund Journal Awards recognize excellence in the European service provider community over the previous 12 months, celebrating organizations that pioneer innovation and growth in the hedge fund industry. This marks the second consecutive year in which EY has earned the prestigious title of Leading Global Provider of Services to Hedge Funds.

Michael Serota, EY Global Leader of Hedge Fund Services, says:

"EY is honored to receive this recognition, that we believe further underscores our commitment to providing exceptional service offerings to surpass client expectations. We are delighted that EY's global dedication to help organizations facilitate growth in the evolving hedge fund industry has been recognized once again."

Zeynep Meric-Smith, Ernst & Young LLP UK Business Development Leader for Hedge Funds & Alternatives, says:

"Despite a challenging year for hedge funds, EY has remained steadfast to growing and innovating in response to investors' needs. This award reflects upon the dedication and hard work we bring to our clients in this sector, and demonstrates our commitment to an industry that has for the first time surpassed US$3t in global assets under management."

In addition to providing core audit and tax services, EY Financial Service Organization offers a wide range of professional services that can help clients manage risk and improve their organizations' growth, tax efficiency and compliance.

More information on the awards, including the full list of winners in all categories, can be found at The Hedge Fund Journal Awards website.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

How EY's Global Wealth & Asset Management Sector can help your business

The global wealth and asset management sector has rebounded from the global financial crisis to face a rapidly evolving regulatory environment and changing client base. Organizations are keenly focused on efficiently adapting to change, managing complex risks and growth in an increasingly crowded field. EY's Global Wealth & Asset Management Sector brings together a worldwide team of professionals to help you succeed — a team with deep experience in providing assurance, tax, transaction and advisory services. The Sector team works to anticipate market trends, identify their implications and develop points of view on relevant sector issues. Working together, we can help you meet your goals and compete more effectively.

SOURCE EY