Deutsche Bank's Alternative Fund Services, part of the bank's Trust & Securities Services business in its Global Transaction Banking (GTB) division, recently won the "Best Administrator for Small and Start up Hedge Funds" award from HFM Week.
HFM Week's US Service Provider Awards are designed to recognize companies that have outperformed their peer group over the course of 2008/2009. The awards are judged both quantitatively and qualitatively producing a final short-list of candidates that have demonstrated financial progress, growth and genuine innovation. Deutsche Bank was one of seven finalists and in HFM Week's words "Deutsche Bank's Alternative Fund Services has continued to grow, demonstrating a sustained commitment to clients and quality product offering."
"Winning Best Administrator for Small and Start up Hedge Funds is industry recognition for the high quality service we aim to provide and to our entire team which works diligently to serve the needs of our clients," said Chris Nero, Co-Head of Alternative Fund Services.
In addition, the Bank's Global Prime Finance business, within its Global Markets division, received the Prime Broking Innovation award.
HFM Week's US Service Provider Awards are designed to recognize companies that have outperformed their peer group over the course of 2008/2009. The awards are judged both quantitatively and qualitatively producing a final short-list of candidates that have demonstrated financial progress, growth and genuine innovation. Deutsche Bank was one of seven finalists and in HFM Week's words "Deutsche Bank's Alternative Fund Services has continued to grow, demonstrating a sustained commitment to clients and quality product offering."
"Winning Best Administrator for Small and Start up Hedge Funds is industry recognition for the high quality service we aim to provide and to our entire team which works diligently to serve the needs of our clients," said Chris Nero, Co-Head of Alternative Fund Services.
In addition, the Bank's Global Prime Finance business, within its Global Markets division, received the Prime Broking Innovation award.
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