Blackthorn Wins Back-to-Back Recognition for Best Equity Market Neutral Hedge Fund in North America
Lipper Recognizes Blackthorn’s Consistent Performance in Both North America and Offshore Divisions
OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Blackthorn Investment Group, LLC, today announced that it has received the 2010 Lipper Award of Excellence for the best equity market hedge fund in North America and also the 2010 Lipper Award of Excellence for the best equity market hedge fund in the offshore division. This is the second consecutive year that Blackthorn has won in the North American division.
The Lipper Fund Awards highlight individual funds and fund families that have delivered consistently strong performance relative to peers. Both of the awards won by Blackthorn, which included every category for which Blackthorn was eligible, are for consistent performance over three years.
“We believe these awards are a testament to Blackthorn’s strict adherence to its stated investment philosophy,” said Montgomery McClain, one of the company’s two principals and founders. “Identifying and exploiting our comparative advantage is paramount to Blackthorn’s success. However, if you do not complement your investment process with a disciplined and diligent approach to risk management, prevailing market forces can overwhelm any advantage you create.”
Todd Banks, Blackthorn’s other principal and founder, notes that the Lipper Fund Awards, part of the Thomson Reuters Awards for Excellence, are different from many hedge fund awards. “Lipper’s award methodology is based on quantifiable measures of consistent, risk-adjusted returns within your hedge fund peer group” he said. “The transparency of Lipper’s methods gives this particular award the credibility so many others lack. That credibility in particular is why Blackthorn is so pleased to win these awards."
Blackthorn Investment Group, LLC, an investment advisor registered under federal law, is a specialized asset management group focused on a clearly defined set of equity-based market neutral investment strategies. Blackthorn’s philosophy and disciplined approach offer an innovative solution to portfolio diversification and capital preservation for institutional investors, fund of funds, family offices and high net-worth individuals worldwide. Based in Overland Park, Kansas, Blackthorn serves its clients through a series of proprietary fund offerings and customized managed accounts. For more information about Blackthorn, see www.blackthorngroup.com.
About the Lipper Fund Awards
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. For more information, please contact firstname.lastname@example.org or see http://excellence.thomsonreuters.com.
Blackthorn Investment Group, LLC
Investor relations contact:
Montgomery McClain, 913-451-7770, ext. 12
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