NEW YORK, N.Y., Feb. 3, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Stonegate Global has been awarded the "Global Innovation Award for Fund Formation" by Acquisition International Hedge Fund Awards 2015, sponsored by BarclayHedge. Stonegate Global has been selected from among more than 66,000 financial industry professionals across the globe.
John McCorvey III, CEO of Stonegate Global stated, "We are honoured that Stonegate Global has been recognized for its innovative work in global hedge fund formation. Our unique, comprehensive approach to fund formation, fund administration, global prime services and cap intro positions us a significant player in the alternative investments industry."
The International Hedge Fund Awards are designed to highlight key industry influencers, best practices, and innovation throughout the investment industry. The awards aim to celebrate the firms that have demonstrated integrity, leadership and business excellence in today's growing market. Winners are selected based on a rigorous vetting process that involves months of voting, research and due diligence performed by Acquisition International's research team and judging panel.
"The Acquisition International awards are a testament to our consistent commitment to client excellence and innovation," said Michael Blackburn, Associate Counsel at Stonegate Global. "This prestigious award is a direct reflection of our high level expertise and service to our clients, as well as our team's growth and success over the past number of years."
The "Global Innovation Award for Fund Formation" is one of two international hedge fund awards that Stonegate Global has received. Stonegate Global Fund Administration has also been named the "Most Cost Effective Fund Administrator – Global" by Acquisition International.
ABOUT THE INTERNATIONAL HEDGE FUND AWARDS
Currently in their third year, The International Hedge Fund Awards, sponsored by BarclayHedge, celebrate excellence and achievement within the investment and financial services industry. These awards honor the industry's leading influencers by lauding achievements performed over a twelve-month period. The awards are based on merit and nominations, as well as a meticulous voting process conducted by Acquisition International's in-house research team.
ABOUT STONEGATE GLOBAL
Stonegate Global Fund Services is an offshore and domestic alternative investment fund services business focusing on fund formation, fund administration, prime services and capital introduction. Stonegate specializes in hedge funds, venture capital funds, private equity funds, oil and gas funds, fund of funds, insurance dedicated funds (IDFs), real estate funds, private REIT funds and ABL funds.
Stonegate has offices in New York, San Francisco, Atlanta and Dallas. The firm's industry-leading Hedge Fund In A BoxSM solution is a comprehensive service including fund formation, offering documents, regulatory compliance, fund administration, office space, marketing and media packages, as well as prime brokerage and audit services through the firm's strategic partners. Stonegate works with family offices, traders, and other institutional clients who are looking to start a hedge fund or other alternative investment fund product. The firm also works with existing alternative investment funds and fund managers to provide fund administration and other institutional services.
For additional information regarding Stonegate Global's innovative services:
New York: 212.500.5977
San Francisco: 415.347.8574
Atlanta: 404.410.1195
Email: Info(at)StonegateGlobal(dot)com
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