LONDON – 16 September 2009 - Butterfield Fulcrum, a top five independent alternative fund administration company by assets under administration, today announced it has been nominated in four categories for HFMWeek’s inaugural US Service Provider Awards.  HFMWeek, one of the leading news sources for the international hedge fund community, has chosen Butterfield Fulcrum as one of the top performing companies in the categories of:  Best single manager administrator, Best funds of hedge funds administrator, Best overall hedge fund administrator and Best administrator for managed accounts. 

“World class administration is sure to become more crucial to the alternative investment community as transparency, independence and flexibility drive investor choices,” said Akshaya Bhargava, Butterfield Fulcrum's CEO.  “It especially gratifying that our firm, driven by a global operating model, has been honored in such a broad range of categories reflecting our comprehensive approach to deliver transparent and highly customized solutions in real time.”

Recently, Butterfield Fulcrum was named Best Single Manager Administrator at the inaugural HFMWeek European Service Provider Awards. Butterfield Fulcrum was selected over five other firms in the category on the basis of “financial progress, growth and genuine innovation.”

The winners of the HFMWeek inaugural US Service Provider Awards will be announced in a ceremony which will take place on Thursday October 22 at the Jumeirah Essex House, New York.

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About Butterfield Fulcrum

Butterfield Fulcrum, a top five independent alternative fund administration company by assets under administration, has 20 years experience servicing the alternative investment industry.  It provides administration, middle office and risk reporting services to hedge funds, fund of funds, managed accounts, private equity and real estate funds.  The company has a unique Global Operations Model leveraging time zones and talent to deliver transparent and highly customized solutions in real time via BFonline, a client access Web portal.  Headquartered in Bermuda, the company services more than 700 funds and has 11 offices in nine countries (Bahamas, Bermuda, Canada, Cayman, Guernsey, India, Ireland, UK and the USA).  For more information, please visit www.bfgl.com.

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