New York City, NY – Marcum LLP was named best accounting firm for client service at HFMWeek’s U.S. Hedge Fund Services Awards 2017. The award was accepted by Beth Wiener, leader of Marcum’s Alternative Investment Group, at the awards luncheon in New York City on October 19.
The U.S. Hedge Fund Services Awards honor hedge fund service providers that demonstrate exceptional growth, customer service, and product innovation. Marcum was recognized for continuously expanding its service portfolio to meet the changing needs of its clients, including: opening new service centers domestically and internationally; the annual Marcum Alternative Investment Manager Forum, which educates fund managers on the verge of SEC registration about how to institutionalize their businesses and attract investors; the Firm’s emerging manager program, focused on regulation and compliance; Training @ 750 educational events for alternative investment fund CFOs and accountants from fund administration firms; and the quarterly Private Investment Forum newsletter covering a range of alternative investment fund issues of relevance to industry participants.
Marcum was also acknowledged for service team continuity and sophistication, supported by numerous client testimonials. One fund manager wrote: “Before starting the fund, I asked as many veterans in the industry as I could, and all roads lead to Marcum for my auditing needs. Right from the start, it became apparent why many recommended working with Marcum. Not only did they know the intricate details of the industry, they also were able to clearly and effectively communicate them with me to ensure proper launch of the fund… Their knowledge of the complexities of the financial instruments the fund invests in is quite remarkable.”
“It is extremely rewarding to be recognized by our clients and our industry as a leader in client service,” Ms. Wiener said. “Assisting alternative investment managers isn’t just a part of what we do, it is all that we do. Since this is our specialty, we are able to leverage our team’s considerable expertise in audit, tax, and consulting to help emerging and established fund managers optimize their operational infrastructure and ensure ideal compliance and financial reporting procedures.”
Marcum’s Alternative Investment Group provides auditing, financial reporting, accounting services, tax planning, tax return preparation, and consulting services for domestic and offshore hedge funds, private equity funds, funds of funds, and real estate investment funds. The group has in-depth knowledge of complex entities with hard-to-value investments such as PIPE funds, life settlement funds, ABL funds, and credit strategies. Marcum also provides services to management companies, general partners, and their principals. For more information, visit www.marcumllp.com.
For registration and information about the 2017 Marcum Alternative Investment Manager Forum on November 1, visit www.marcumevents.com.
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services. For more information, visit www.marcumllp.com.