BNP Paribas: ‘Hedge Fund Administrator of the Year”

BNP Paribas won the award for ‘Hedge Fund Administrator of the Year – Americas, less than $50Bn assets under administration’ by the International Custody and Fund Administration (ICFA).

“This is an important achievement for BNP Paribas, especially in the US, because it reflects how enterprising we are in developing innovative solutions to exceed our clients’ needs,” Andrew Dougherty, Managing Director and Head of Alternative and Institutional Solutions, said. “We are delighted to have been selected for this important award and will continue to deliver service excellence to our clients and their investors in the years to come.”

Winners of the magazine’s inaugural awards for this region were selected by a panel of US based experts in the industry. The ‘Hedge Fund Administrator of the Year – Americas, less than $50Bn assets under administration’ award was given to BNP Paribas for continuing to expand product offering, introducing new innovations and offering customized solutions to clients. The addition of a new module to reduce risk in P&L reporting also proved particularly noteworthy.

About Alex Akesson

Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.
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