(HedgeCo.Net) Napier Park Global Capital, a global alternative asset management firm, announced today that its European Credit Opportunities Fund has been awarded the prestigious 2016 Long-Term Performance Award by EuroHedge. The Fund was also nominated for the annual Credit award for the fifth consecutive time, having already won this award on three previous occasions.
The Long-Term award recognizes the best risk-adjusted performance over the last five years across all Macro, Fixed Income and Relative Value hedge funds with AUMs of at least $500 million, by comparing their net annualized returns and Sharpe ratios. Throughout the Fund’s history, the European credit team at Napier Park Global Capital has maintained a strong track record of consistently delivering equity-like returns in European higher yielding corporate credit markets.
