JP Fund Administration, the fund administrator of Balkan Emerging Frontiers fund, has been voted “Best Offshore Hedge Fund Administrator 2012” at the Hedgeweek Industry Awards 2012 for the second year in a row.
Phil Griffiths, JP Fund Administration Director comments “It is great to get further recognition of the professionalism and quality customer service from the JPFA team especially on the back of success in the HFR Global Fund Administrator Awards earlier this year. We are very proud to have won the Best Offshore Hedge Fund Administrator award two years in a row. It shows we are doing something right”.
Peter Kristensen of JP Fund Services SA is proud to announce a milestone for JP Funds Group launching more than one hundred alternative investment structures. “It’s a massive achievement to be able to launch 100 funds since the beginning of 2008 especially considering the economic environment and uncertainty we have faced over the past four years. We look forward to continuing to offer the same high level of service and professionalism for many years to come and are excited about new developments in the pipeline”, Peter says.
On the same Awards ceremony, Ogier, the legal counsel of Balkan Emerging Frontiers Fund umbrella fund JP SPC 5, has been voted “Best Offshore Law firm 2012”, also for the second year in a row.
“We are extremely pleased to once again be recognised across the board for the talent, capabilities and depth of our funds practice,” said Peter Cockhill, Partner, Ogier Cayman and Head of Ogier’s Global Funds Practice. “Being acknowledged through these important industry awards is particularly gratifying as Ogier continually strives to deliver the highest quality integrated legal and fiduciary services to the alternative investment industry, especially given today’s challenging global environment to our industry.”
Cockhill added that it is a vindication of its service providers and regulatory regime that Cayman maintains its global leadership position as having the largest proportion of the world’s hedge funds under domicile, with 9,2581 funds as of 31 December 2011, essentially unchanged from 2010.
The awards are decided by votes from Hedgeweek subscribers, consisting of industry professionals, service providers, investment managers and investors.