6th Annual Hedge Fund Industry Awards

Winners of Alternative Investment News' 6th Annual Hedge Fund Industry Awards were announced on Wednesday evening June 25th at a black-tie dinner and ceremony at Cipriani Wall Street in New York City. The awards recognized hedge funds, fund of funds, consultants, endowments, foundations and corporate and public funds that stood out for excellence in alternatives investing during the year.

Nearly 500 leaders and luminaries from every facet of the industry were in attendance to see winners announced and awarded 'Oscar-Style'. Michael Steinhardt, a pioneer in the hedge fund world, and Phil Goldstein, Founder of Bulldog Investments were in attendance to accept their respective awards for Lifetime Achievement and Outstanding Contribution to the Industry.

Winners were awarded in nine other categories, and included Paulson & Co. for Hedge Fund Leader.

Also recognized and awarded were the 2008 Rising Stars of Hedge Funds, 20 up-and-coming, talented young professionals poised to be future leaders of the industry.

This year's award winners were as follows:

Hedge Fund Leader of the Year:
Paulson & Co.

Fund of Hedge Funds Leader of the Year:
Harcourt Investment Consulting

Emerging Manager of the Year:
Algebris Investments

Hedge Fund Launch of the Year:
AdultVest

Institutional Manager of the Year:
The Blackstone Group

Public Fund Investor of the Year:
Teacher Retirement System of Texas

Corporate Pension Fund of the Year:
Railway Pension Trustee Company

Nonprofit Investor of the Year:
Texas Christian University

Hedge Fund Consultant of the Year:
Jaeson Dubrovay, NEPC

Visit the awards website for additional information:
http://www.iialternatives.com/ain/2008awards/