Top performing fund managers across hedge funds and private capital honored
LONDON, 18 June 2024 – Preqin, the global leader in alternative assets data, tools, and insights, today announced the 2024 winners of the Preqin Awards. The Awards, now in their second year, recognize market leaders and top industry performers across hedge funds and private capital that are shaping and transforming the alternative assets industry globally.
The Preqin Awards follow strict, proprietary fund performance data collection methodologies created specifically for these accolades. After meeting the eligibility requirements, funds were assessed on the ranking criteria. Winners and shortlisted funds were identified so the Preqin data team could perform a final review of all relevant data points on firm and fund profiles on Preqin Pro, Preqin’s flagship alternative assets data platform. Additionally, outreach was conducted with each fund manager to confirm data accuracy. For more information on the Awards methodology, see the links below.
Christoph Knaack, Chief Executive Officer of Preqin, said, “We are delighted to share this year’s winners of the Preqin Awards and congratulate those who are featured. At Preqin, we strive to make the alternative assets industry more transparent through our rigorous collection and verification of data, as achieved by combining cutting-edge technology with extensive relationship building conducted by our team of almost 500 researchers globally. Our Awards are very much aligned with our mission to support and serve as a champion for our industry.”
The 2024 Preqin Awards celebrate excellence, as firms are awarded at an asset class and strategy level for hedge fund performance, private capital performance and private capital fundraising covering global, Americas, EMEA (Europe, Middle East and Africa), and APAC (Asia Pacific) regions.
The 2024 Preqin Award winners are:
Hedge fund by strategy (Global)
Best Equity Strategy Hedge Fund
Winner: 36ONE Asset Management
Best Credit Strategies Hedge Fund
Winner: TIG Advisors
Best Macro Strategies (excl. Managed Futures/CTA) Hedge Fund
Winner: Absolute Investimentos
Best Managed Futures/CTA Fund
Winner: Capital Fund Management
Best Event Driven Strategies Hedge Fund
Winner: Syquant Capital
Best Relative Value Strategies Hedge Fund
Winner: Lombard Odier
Best Multi-Strategy Hedge Fund
Winner: Itau Asset Management (Also recognized in 2023)
Private capital performance awards by asset class (America/Europe)
Top Performing Private Equity Fund Manager
American Winner: Ampersand Capital Partners (Also recognized in 2023)
European Winner: Main Capital Partners
Top Performing Private Debt Fund Manager
American Winner: Black Diamond Capital Management
European Winner: ICG
Top Performing Venture Capital Fund Manager
American Winner: Group 11
European Winner: Forbion
Top Performing Real Estate Fund Manager
American Winner: Eastham Capital (Also recognized in 2023)
European Winner: Swiss Life Asset Managers
Top Performing Infrastructure Fund Manager
American Winner: Macquarie Asset Management
European Winner: EQT
Private capital performance by strategy (America/Europe)
Top Performing Buyout Fund Manager
American Winner: Alpine Investors
European Winner: Synova (Also recognized in 2023)
Top Performing Growth Fund Manager
American Winner: InvestBev Group
European Winner: Summit Partners
Top Performing Fund of Fund Manager
American Winner: Vedanta Capital (Also recognized in 2023)
European Winner: ATP Private Equity Partners
Top Performing Venture (General) Fund Manager
American Winner: Group 11
European Winner: Forbion
Top Performing Direct Lending Fund Manager
American Winner: Adams Street Partners
European Winner: Park Square Capital
Top Performing Real Estate Core and Core Plus Fund Manager
American winner: PGIM Real Estate
European winner: Swiss Life Asset Managers
Top Performing Real Estate Opportunistic & Value Added Fund Manager
American winner: Banyan Street Real Estate Funds
European winner: Mengus
Top Performing Infrastructure Core & Core Plus Fund Manager
American Winner: Aero Capital Solutions
European Winner: Igneo Infrastructure Partners
Top Performing Infrastructure Opportunistic & Value Added Fund Manager
American Winner: Stonepeak
European Winner: EQT
Top Performing Secondaries Manager
American Winner: Jasper Ridge Partners
European Winner: Hollyport Capital (Also recognized in 2023)
Private Capital Fundraising (America/Europe/APAC)
Largest First-time Private Equity Fund
American winner: Patient Square Capital
European winner: Adagia Partners
APAC winner: True Light Capital
Largest First-time Venture Capital Fund
American winner: Galvanize Climate Solutions
European winner: Trent
APAC winner: KUSABI
Largest First-time Real Estate Fund
American winner: Waterfall Asset Management
European winner: Goodstone
APAC winner: Patience Capital Group
Most Growth in a Private Equity Fund Series
American winner: B Capital Group
European winner: Jolt Capital
APAC winner: Novo Tellus Capital Partners
Most Growth in a Venture Capital Fund Series
American winner: Tola Capital
European winner: La Famiglia
APAC winner: Qiming Venture Partners
Most Growth in a Private Debt Fund Series
American winner: Brightwood
European winner: Cross Ocean Partners
APAC winner: 360 ONE
Most Growth in a Real Estate Fund Series
American winner: King Street Capital Management
European winner: EQT (Also recognized in 2023)
Awards methodology
To determine the winner for each category for the 2024 Preqin Awards, Preqin employed a rigorous and proprietary methodology, with the exclusive use of data from Preqin Pro. Performance data was pulled in early May 2024.
Further information on the methodology can be found here: Preqin Awards hedge funds methodology and Preqin Awards private capital methodology.
The Preqin Awards are compiled using public domain information and data reported to Preqin. All fund managers with performance data on Preqin Pro were eligible if their funds met the entry requirements. The Awards are not independently verified or assessed.
#ENDS#
For more information, contact Mimi Celeste Taylor on mimiceleste.taylor@preqin.com
For winning firms looking to obtain a digital copy of their Preqin Award, email marketing@preqin.com for PNG, SVG, and social media-friendly versions.