Institutional Investor announced the winners of its annual hedge fund industry awards during a ceremonial dinner Thursday night at the Mandarin Oriental in New York.
Daniel Loeb’s Third Point won hedge fund manager of the year, beating a pool of finalists that included Canyon Partners, Citadel, Millennium Management, and TCI Fund Management. Suvretta Capital Management took top honors for emerging manager, while Blackstone Group won the category for large fund-of-hedge-funds manager. Silver Creek Capital Management was named the best boutique manager of funds of hedge funds.
II also recognized investment consultants, hedge fund investors such as pensions and endowments, and individuals for their outstanding contributions to hedge fund industry. Lifetime achievement awards went to Elaine Crocker, president of Moore Capital Management, and David Villa, chief investment officer of State of Wisconsin Investment Board.
The winners of other hedge fund industry categories are listed below.
Sovereign Wealth Fund of the Year: Alaska Permanent Fund Corp.
Hedge Fund Consultant of the Year: Gregory Dowling, Fund Evaluation Group
Corporate Plan of the Year: Boeing Co.
Endowment of the Year: University of Texas Investment Management Co.
Foundation of the Year: MacArthur Foundation
Health Care System of the Year: Children’s Health (Dallas)
Insurance Investor of the Year: MetLife
Large Public Plan of the Year: Texas Municipal Retirement System
Small Public Plan of the Year: Orange County Employees Retirement System
Outsourced CIO of the Year: Goldman Sachs Asset Management
Hedge Fund GP Investor of the Year: Blackstone Group
Equity-Focused Hedge Fund Manager of the Year: Tiger Global Management
Credit-Focused Hedge Fund Manager of the Year: Napier Park Global Capital
Hybrid Hedge Fund Manager of the Year: Viking Global Opportunities
Multistrategy Hedge Fund Manager of the Year: Elliott Management Corp.
Relative-Value Hedge Fund Manager of the Year: One William Street Capital Management
Activist Hedge Fund Manager of the Year: TCI Fund Management
Event-Driven Hedge Fund Manager of the Year: Elliott Management
Macro Hedge Fund Manager of the Year: Pharo Management
Quantitative Hedge Fund Manager of the Year: Renaissance Technologies
See the 2018 rising stars and the pools of finalists on II’s Hedge Fund Industry Awards website.