Alt Credit European Performance & Services Awards 2021 | HFM Global | 19 July 2021 | One Great George Street, 1 Great George St, London SW1P 3AA, UK

2021 has felt a lot like being in the eye of a storm, as government interventions put calm to the turbulence caused by the onset of the coronavirus.

Credit markets have been particularly calm, unaffected by most of the biggest pockets of volatility and the small bubbles we’ve seen inflating and popping.

But nobody is in doubt that there is plenty of risk on the horizon, with the virus still circulating and government support due to recede, credit managers have had to fortify and protect their gains and positions and prepare for the next wave of risk and opportunity.

All this volatility has come at a time when the credit fund industry is going through some fundamental shifts of its own, the rise of private credit as its own asset class among investors is becoming the norm rather than the exception. This in turn is helping to fuel a shift in the way companies are financing themselves.

With all this in mind, this year the Alt Credit European Awards will recognise those private debt managers and credit hedge funds that have best been able to take advantage of the opportunities that have arisen and avoided the pitfalls.

Private debt categories themselves have been tweaked to better focus on the range of strategies available as now seasoned private credit investors look to diversify existing allocations buckets.

This year sees some slight tweaks to the awards line up, with opportunistic credit funds recognised in their own right, as a host of funds have come to the fore to take advantage of dislocations in traded credit markets, while also being able to source private deals of their own and invest through any recovery.

2020 Past Winners

SERVICES AWARDS WINNERS

Best admin – client service
Alter Domus

Best administrator – overall
BNY Mellon

Best administrator – innovation
HSBC Markets & Securities Services

Best audit service
Deloitte

Best compliance services
Laven Partners

Best cybersecurity firm
Options

Best data and information provider
IHS Markit

Best debt/ loan administrator
Apex

Best fund admin - private credit
Alter Domus

Best fund admin - traded credit
Circle Partners

Best fund structuring service
Akin Gump Strauss Hauer & Feld

Best law firm - lending and securities
Macfarlanes

Best middle office services
GLAS

Best overall law firm
Dechert LLP

Best overall technology firm
RFA

Best placement agent - credit
Alpha UCITS

Best portfolio management system
SS&C Eze

Best prime brokerage/custodian services
Barclays

Best recruiter
Jensen Partners

Best technology innovation
Alternit One

Best trading and execution technology
SS&C Eze

Best valuation service
Houlihan Lokey

PERFORMANCE AWARDS WINNERS

CLO manager
Aurium CLO IV

Corporate long-short
Lyxor Chenavari Credit Fund

Special situations
Kartesia Credit Opportunities IV

Distressed credit hedge fund
Astaris Special Situations Master Fund

Credit opportunities
Chenavari Dynamic Credit Cycle Fund

Structured credit
SCIO Opportunity Fund

Multi-strategy credit fund
Algebris Global Credit Opportunities

Private debt - mid-market lending
Kartesia Credit Opportunities IV

Private debt - overall
Ares Capital Europe III (“ACE III”)

Credit UCITS
Lyxor Chenavari Credit Fund

Credit newcomer
Aperture Credit Opportunities Fund

High yield fund
Sissener Corporate Bond Fund