Agecroft Partners, the hedge fund consulting and third party marketing firm, was recognized by Hedgeweek as the winner of the “2012 Best Third Party Marketing Firm in North America” at their global Hedge Fund Awards ceremony held in London on March 2nd. Winners were selected based on a survey Hedgeweek performed of their reader base.
This marked the 5th year in a row that Agecroft Partners has received the third party marketer of the year award by a major industry organization. In addition, Agecroft Partners recently received the most votes among North American third party marketers in a survey of Hedge Fund Review Magazine’s reader base and was also selected as the top third party marketing firm by HFMweek.
“We are very honored to be selected for this award. With an estimated 500+ third party marketing firms in the industry it takes a great deal of work to differentiate a firm in the market place. We believe the most successful way to raise assets over time is by maintaining a stellar reputation in the industry based on integrity, trust and knowledge. We always simultaneously consider the best interest of the manager and the investor” stated Don Steinbrugge, Managing Partner of Agecroft Partners.
Agecroft’s five partners average over 15 years of industry experience, and four of the partners worked for multi-billion dollar alternative investment firms before joining Agecroft. Members of Agecroft’s team have met with a majority of the largest pension funds, endowments, foundations and institutional consulting firms during their careers, and a significant percentage of these allocators have been clients. In addition, the team has strong relationships throughout the fund of funds, insurance company and family office marketplaces. They are in touch with approximately a thousand investors a month on a global basis, with an objective of meeting face-to-face with 60 to 100 investors per month.
Agecroft Partners is highly selective of the hedge funds they represent and typically work with less than 1% of the hedge fund managers on whom they perform due diligence. It is Agecroft’s objective to partner with the highest quality hedge funds that have clearly defined investment processes and risk controls, solid pedigrees across the investment team, and strong historical performance. The hedge fund organizations they work with range from approximately $100 million to $7 billion in assets under management.