NEW YORK--(BUSINESS WIRE)--Prisma Capital Partners has been named winner of Institutional Investor magazine’s Large Fund of Hedge Funds Firm of the Year at the 9th Annual Hedge Fund Industry Awards.

“We were honored to be recognized by Institutional Investor, as a global leader in the fund of funds industry,” said Managing Partner and Co-Founder Girish Reddy. “This award wouldn’t have been possible without our dedicated team, committed clients, and the high quality hedge fund managers with whom we invest.”

The awards were presented at the annual Hedge Fund Industry Award dinner and ceremony on Monday, June 20, 2011 at Cipriani, Wall Street, New York City. More information about the 2011 Institutional Investor Hedge Fund Industry Awards can be found at http://www.hedgefundindustryawards.com/.

About Prisma Capital Partners

Prisma Capital Partners LP (“Prisma”) is an alternative investment manager with approximately $6.5 billion in assets under management as of June 1, 2011, focused on providing multi-manager hedge fund solutions to institutions worldwide. Over 95% of the firm’s assets are managed on behalf of institutional investors including pension funds, endowments and insurance companies.

Prisma is registered with the SEC as an investment advisor and is regulated by the FSA in the UK. Further information about Prisma can be found at www.prismapartners.com.

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