E&Y wins HFM Week award
Ernst & Young has received the award for Best Audit Services at Hedge Fund Manager Week’s US Service Provider Awards.The ‘Big Four’ accountancy firm topped other finalists in the Best Audit Services category, including Deloitte, KPMG and PricewaterhouseCoopers.This is the third consecutive year that Ernst & Young LLP has won Hedge Fund Manager Week’s US Service Provider Award.The Award recognises companies that have outperformed their peer group. The award is judged both quantitatively and qualitatively, producing a final shortlist of candidates that have demonstrated financial progress, growth, client satisfaction, genuine product innovation and adaptability. The final shortlist was judged by a panel of independent judges, made up of industry experts.“Receiving this award is a testament to Ernst & Young’s more than 25-year commitment to serving hedge funds through every phase of their business from starting up through investment, global expansion and going public,” said Art Tully, co-leader, of the firm’s Global Hedge Fund practice.“We are proud to say that we provide audit and tax services to more than 50 percent of the global hedge fund industry. We are pleased with the recognition and are committed to serving the industry for another 25 years and beyond,” said Mike Serota, co-leader of the firm’s Global Hedge Fund practice.