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Hedge Fund Hotel Announces 1st Annual Hedge Fund Awards

Date: Wednesday, July 9, 2008
Author: ISI Publications

As Toronto’s only hedge fund hotel celebrates its second birthday, the founders have announced that they have achieved 90% occupancy and that they are breaking new ground again with the inaugural Canadian Hedge Fund Awards this Fall. “The success of the Hotel is evidence of the growing maturity and strength of the Canadian hedge fund market”, said William Woods, one of the Hotel’s co-founders and CEO of Independent Review Inc (IRI). IRI was one of the hotel’s first tenants and is a company focusing on sound governance for mutual funds and hedge funds. “We work with our clients and do all we can to help them to grow, we simply provide an atmosphere conducive to entrepreneurial success.”

Unlike other major business centers, Toronto has not hosted an awards dinner for alternative asset managers. Woods and his colleagues have decided that this is another opportunity to put the Canadian hedge fund industry in the spotlight and celebrate the critical – and often misunderstood – role that hedge funds play in capital markets. “The media and the general public tend to focus on the blow-ups and the scandals, they don’t mention the immense amount of good that hedge funds do, not just in their role as liquidity providers in the global financial markets, but also in the work for charities and endowments.” The inaugural Canadian Hedge Fund Awards will be staged in the historic Distillery District on 16 September. There will be five awards presented by a panel of judges, including one for “Personality of the Year - 2008”. Part of the proceeds from the evening will fund the first Hedge Fund Bursary which is being used to put a student through college, and also the Alzheimer Society of Canada.

For more information please go to www.hfhto.com or call Sarah Barham on 416 849 1926.


Press contacts: Jeremy Loeb, 416 849 1926.