Ensuring excellence is rewarded

For any awards, carrying out fair, consistent, and accurate judging is key to ensuring the true winners are rewarded. To ensure the HFM US Performance Awards deliver this, we have assembled a diverse judging panel comprising of leading CIOs, senior directors and managing directors from allocators and consultants. The judges are split into groups depending on their expertise.

The robust judging process is designed to make sure that the Awards recognize and reward the highest achieving hedge funds, CTAs, and funds of hedge funds (FOHFs) in North America.


The With Intelligence HFM US Performance Awards are judged by a panel made up of leading institutional and private consultants and investment consultants.

Judges focus on absolute performance as well as standard deviation of returns and outperformance of the relevant With Intelligence benchmark index. They also take into consideration the relative AUM, 1, 3 and 5-year track-records, nature of the investment strategy, other supporting materials and professional knowledge they have about shortlisted funds to come to their decisions.

This methodology aims to reflect how institutional investors assess hedge fund performance in their allocation decisions in the real world.

The judges and HFM staff have discretionary power to move submissions into alternative categories that they believe to be more suitable, or to disqualify entries.

Each member of the judging panel has an equal weight in choosing the winners in each category they are assigned.

Please note: All judges are required to sign a disclaimer form to ensure that information about entries and the final winners remain confidential.

2024 Judges

Bill Li
Investment Director
Massachusetts Pension Reserves Investment Management Board (“MassPRIM”)
Brian Andrew
Merit Financial Advisors
Brian Miller
Senior Investment Officer
Sacramento County Employees Retirement Association
Craig Adkins
Co Head of Global Hedge Fund Investments and Portfolio Management
Dave Morehead
Baylor Univeresity Endowment
Derek Drummond
Head of Strategy - Funds Alpha
State of Wisconsin Investment Board
Dev Singhvi
Dulari Pancholi
Eric Newman
Treasury Manager
City of Stamford
Jayesh Bhansali
Chief Investment Officer
Joe Burns
Managing Director, Co-Head of Research
Ryan Lobdell
Managing Director and Head of Marketable Alternatives
Meketa Investment Group
Shanta Chary
Director of Investments
Orange County Employees Retirement System
Ted Katramados
Director, Associate Portfolio Manager
TAG Associates LLC
Tom Janisch
Director, Hedge Fund Research
Asset Consulting Group