Price Meadows Incorporated received Institutional Investor’s 2007 Alpha Award™ as
the hedge fund industry’s #1 Fund Administrator in the “Small Firms’ Favoritesâ€Â
category. This category includes the vast majority of fund managers - funds with less
than $1 billion in assets. The Alpha Awardsâ„¢ are based on survey results of nearly
1,000 hedge fund firms asked to rate the quality of services provided by their
accounting firms, fund administrators, law firms, and prime brokers.
On Price Meadows’ move up to the #1 ranking from its overall #5 ranking in 2006,
Rick Meadows, co-founder, had this to say, “We are proud for the second year running
to be considered among the industry leaders in fund administration. This recognition
is really a statement of the quality of our entire staff. It is truly an honor to lead such
an engaged and vital group of talented people.â€Â
Though fund managers were asked to rate their administrators in a variety of areas,
according to Alpha Magazine it is specifically the level and quality of client service
which “proves a major determinant in how firms fare in the Alpha Awardsâ„¢.â€Â
“Once again, we view this as a tremendous vote of confidence from our clients,†states
Frank Duffy, VP of Business Development. “We’re pleased to be rated #1 and
especially pleased that it is based on a comprehensive survey of client satisfaction.â€Â
About Price Meadows
Price Meadows Incorporated (www.pricemeadows.com) was founded by two former
hedge fund managers in 1987 – each of whom remain actively engaged in the
day-to-day management of the firm. Having roots in the hedge fund industry going
back 25 years, the firm prides itself in presenting "needs based" solutions - based on
needs observed as former managers and investors in hedge funds and
funds-of-funds. The firm administers a wide variety of hedge funds, funds-of-funds,
private equity and other funds, both domestic and offshore. Currently, Price Meadows
provides administration services to approximately 200 funds spread across 30 states,
the British Virgin Islands and the Cayman Islands.
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