NEW YORK, N.Y., Feb. 17, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Stonegate Global has been awarded the "Most Cost Effective Fund Administrator – Global" by Acquisition International Hedge Fund Awards 2015, sponsored by BarclayHedge. This is the second international hedge fund award that Stonegate Global has been awarded in 2015 by Acquisition International. Stonegate Global Fund Administration has been selected from among more than 66,000 financial industry professionals across the globe.

"We are delighted that Stonegate Global has been named the "Most Cost Effective Administrator – Global," stated William Chong, Head of Alternative Fund Services for Stonegate Global. "We pride ourselves in providing institutional quality fund administration, on a global basis, and in a cost-effective manner. This prestigious award recognizes Stonegate Global as a significant player in the investment industry."

The International Hedge Fund Awards are designed to recognize business excellence, integrity, and leadership in the alternative funds market industry while simultaneously lauding key contributors for their ability to stand out from their competitors. It is only after the required due diligence by the Acquisition International's team and judges and an arduous vetting process that winners of this esteemed award can be selected.

"This award is a reflection of our commitment to offering our clients the highest quality value-added services in a cost effective manner. Through our innovative solutions, we have received recognition as a world-renowned leader in providing global fund administration services to our clients. We are honored that Stonegate Global has been selected for this prestigious award," said John McCorvey III, CEO of Stonegate Global.

The "Most Cost Effective Fund Administrator - Global" is the second of two international hedge fund awards that Stonegate Global has received this year. Acquisition International also awarded the "Global Innovation Award for Fund Formation" to Stonegate Global Fund Services.

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 Administration provides a wide spectrum of fund administration services to global hedge funds and other alternative investment funds. Stonegate provides full domestic and offshore fund administration services, including 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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