David Simon’s Twin Securities Wins Best Merger Arbitrage Fund

11/7/17

NEW YORK--(BUSINESS WIRE)--Twin Capital Management LLC, a New York-based hedge fund firm, announced today that its fund, Twin Securities, L.P., has been named “Best Merger Arbitrage Fund” at the 2017 HFMWeek U.S. Hedge Fund Performance Awards on October 19, 2017. This marks the fifth HFMWeek Performance Award for the fund during the past six years. Twin Capital Management was also short-listed as a finalist in several other categories; Twin Securities, L.P. for "Best Long/Short Equity Fund – Global”, "Best Event Driven Fund Under $1 bn", and Twin Opportunities Fund, L.P. for "Newcomer Fund – Equity.”

“We want to thank HFMWeek for recognizing Twin Capital.” said David Simon, founder of Twin Capital Management LLC. “This honor is a testament to the hard work and dedication of the entire Twin Capital team. Our analysis of investment opportunities and ability to find trades in even the most complex situations have helped generate consistent and uncorrelated returns in a very competitive space."

Winners were named in a wide range of strategies at the 2017 gala dinner and awards ceremony at Cipriani in New York City. According to HFMWeek, the US Performance Awards celebrate hedge funds and funds of hedge funds that have stood out in the competitive market over the past 12 months, rewarding those that have outperformed their peers and demonstrated impressive growth through the volatility of the last year.

HFMWeek is the leading resource for current global hedge fund news. HFMWeek’s judging panel consisted of a number of senior level industry representatives who looked at a combination of quantitative and qualitative information. These judges considered annual performance figures, but also took into account other statistics including volatility, risk management and track record.

About Twin Capital Management:

Twin Capital Management LLC is an alternative investment management firm founded by David Simon in 1988. The firm manages equity-based, event-driven strategies with the goal of consistently producing superior, risk-adjusted, and uncorrelated returns. Twin Capital Management’s investment process is uniquely designed to identify, analyze and maximize the upside of opportunities, while minimizing risk.

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