Categories and criteria


To ensure the HFM US Performance Awards continues to be the pre-eminent industry awards, the categories are developed in consultation with leading firms to ensure they reflect the fast-moving nature of the sector.

Recognizing the full breadth of the North American hedge fund sector with over 40 categories, entering the Awards provides a platform to demonstrate your achievements in front of investors and stand out from your competitors.

Showcase your outstanding performance

If you’re a hedge fund, CTA or FoHF with a track record of outstanding returns and excellent performance and growth over the past 12 months, then there's a category for you to enter.

Your fund must have its management team based in North America and the judges will need to see monthly performance data in USD for your share class.

The minimum AUM is set at $25 million for all the categories except for Newcomer and Digital Assets where the AUM is set at $10 million and FoHF is set at $50 million. The minimum track record is 3 years of monthly performance data for most categories.

2025 Categories


CTA/Managed futures/Quant

Commodities fund

Managed futures (CTA)

CTA : Long-term performance (5 years)

Quantitative strategy over $1bn

Quantitative strategy up to $1bn

Managed futures : Long-term performance (5 years)

CTA/Quant : Newcomer


Credit

Distressed credit over $500m

Distressed credit up to $500m

Credit : Newcomer

Relative value credit over $500m

Relative value credit up to $500m

Credit : Long-term performance (5 years)

Long/Short credit


Equity

Equity : Sector specialist

US equity : Long-term performance (5 years)

US equity

Global equity : Long-term performance (5 years)

Global equity over $1bn

Global equity up to $1bn

Equity : Newcomer


Event-driven

Event-driven over $500m

Event-driven up to $500m

Event-driven : Merger arbitrage


FoHF

Fund of hedge funds : Long-term performance (5 years)

Fund of hedge funds : Specialist

Fund of hedge funds


Macro

Global Macro : Long-term performance (5 years)

Global Macro over $1bn

Global Macro up to $1bn

Global Macro : Newcomer


Multi-strategy

Multi-strategy : Long-term performance (5 years)

Multi-strategy over $1bn

Multi-strategy up to $1bn

Multi-strategy : Newcomer


Other

Alternative risk premia

40 Act

Digital assets

Volatility fund

Long-term performance (10 years)


Outstanding achievement award

Nomination Only


Billion dollar fund of the year

Nomination Only


Management firm of the year

Nomination Only


* Open-ended funds only with at least quarterly redeemable share classes
** Discretionary global macro funds only
*** Open to funds trading multiple distinct hedge fund strategies. Excludes FoHFs

Entry criteria

1. Inclusion:

The Awards are open to all US and Canadian hedge fund, fund of funds, and CTA firms. Funds interested in participating in the awards program must submit all information via the official HFM US Performance Awards 2025 online entry form. Please note that all funds must have submitted a completed entry form to be considered for the awards; incomplete information might lead to disqualification from the entry process. Please note that the “Management Firm of the Year”, “Billion-dollar Fund of the Year”, and “Outstanding Achievement” categories are not open to entries. The shortlist for these categories will be compiled by a panel of industry experts.

2. Criteria:

Any fund satisfying the following criteria is eligible for the With Intelligence HFM US Performance Awards 2025:


» Base of operations: Funds must have their management/advisory company or team based in the US or Canada.

» Share class: Funds must submit monthly performance data for their USD share class. If unavailable, EUR share class data will be accepted and With Intelligence will convert it to USD.

» Assets under management: Funds submitting for all categories (apart from newcomer, digital assets and fund of hedge funds categories) must have a minimum of $25m in AuM as of June 2025. Funds submitting for newcomer and digital assets categories must have a minimum of $10m in AuM as of June 2025. Funds submitting for funds of hedge funds categories must have a minimum of $50m in AuM as of June 2025.

» Track record: Funds entering any of the categories except newcomer, best digital assets and alternative risk premia must submit a 3-year track record of monthly performance data through June 2025. Funds entering the newcomer categories must have a track record of monthly performance data of at least 12 months and less than 36 months (that is between 12 and 35 months) through June 2025. Funds entering the best digital assets and alternative risk premia categories must have a track record of monthly performance data of at least 12 months through June 2025. Funds entering the long-term performance (5 years) categories must submit a 5-year track record of monthly performance data through June 2025.Funds entering the Long-term performance (10-years) need to provide that 10-year track record through June 2025

Entry inquiries

If you have any questions or need any more information please contact Josie.

Entry inquiries
Josie Zerene
+1 640-230-8913