Spruce Investment Advisors Nominated for 2017 HFMWeek US Hedge Fund Performance Awards

STAMFORD, Conn., Oct. 16, 2017 /PRNewswire/ -- Spruce Investment Advisors, the outsourced Chief Investment Officer for U.S.-based individuals, family offices, foundations and endowments, was nominated for performance excellence for the 2017 HFMWeek US Hedge Fund Performance Awards. The firm is nominated in the "Fund of Hedge Funds ? Long Term Performance (5 Years) Under $1 Billion" category.

"We are delighted to be shortlisted by HFMWeek for this award," said John Bailey, Founder and Chief Executive Officer of Spruce. "Over the past sixteen years, hedged strategies have been a cornerstone of Spruce's ability to generate long term competitive results for our investors."

Nominees were selected by HFMWeek based upon performance through June 2017.

About Spruce

Spruce Investment Advisors, LLC, is an award-winning wealth management firm based in Stamford, CT that serves as a Chief Investment Officer for family offices, foundations and endowments. Spruce advises on broadly diversified portfolios, including traditional investment portfolios of global equities, fixed income, high income, liquid absolute return, currencies and commodities, and alternative investment portfolios featuring hedge funds, private equity, real estate and oil & gas. Since 2001, Spruce has helped families and investors benefit from a broad and sophisticated array of global investment opportunities, aggressive risk management, and objective investment advice.

Important Disclosures:

The United States HFMWeek performance award nominations are determined by an independent panel of judges comprised of hedge fund investors and investment consultants.  Both quantitative and qualitative factors were considered including returns and risk-adjusted returns for the five years ending June 30, 2017, pedigree, structural criteria and reputation with investors. Spruce did not compensate HFMWeek for these nominations. Additional information about the 2017 HFMWeek Awards can be found here.

The judging process is rigorous and thorough to ensure that all the entries receive full consideration and that the true winners are chosen. Judges will take part in a judging conference call, where the winners will be decided, with one expert per category will be asked to summarize the judges comments and provide any additional input as required. Judges have discretionary power to move submissions into alternative categories that they think may be more suitable. All judges are required to sign a disclaimer form to keep information about entries and the final winners confidential. The judges are carefully selected for their wealth of experience and expertise, as well as their absence of conflicts of interest. PLEASE NOTE: Judges do not judge any categories that their company has been entered in and are obliged to declare that they have no conflicts of interest prior to judging.

SOURCE Spruce Investment Advisors