Pyxis Long/Short Equity Named Best 40 Act Fund By HFMWeek

DALLAS, Oct. 29, 2012 /PRNewswire/ -- Pyxis Capital won a sought-after award at the 2012 HFMWeek Hedge Fund Awards.  Pyxis Capital, a leading registered alternative investment manager for financial advisers, institutions and individual investors, today announced that the Pyxis Long/Short Equity Fund was named the "Best 40 Act Fund" for 2012 at HFMWeek's US Hedge Fund Awards ceremony in New York.

The honor was awarded to Pyxis following a vote by a panel of independent judges, including a set of institutional and private investors along with members of HFMWeek and other industry experts. Judging decisions were based on return, risk and other qualitative factors.

"This award is welcome validation for our strategy, which attempts to preserve capital in weak markets and seek solid returns in up markets," said Pyxis Long/Short Equity Fund Manager Jonathan Lamensdorf.  "We are providing an equity long/short fund typically found in an LP structure in a traditional open-end mutual fund format."  The Pyxis Long/Short Equity fund seeks to maximize returns while minimizing drawdowns, reducing overall volatility and reducing overall correlation to equity markets and other asset classes.

Other firms receiving awards at the event were Bridgewater Associates, Omega Advisors, Goldman Sachs, Renaissance Technologies, Citadel and Pimco.  For a full list of winners, see: http://www.hfmweek.com/events/awards/us-performance-awards/winners

About Pyxis Capital
Pyxis Capital, L.P., headquartered in Dallas, Texas, is a SEC-registered investment adviser with approximately $2.4 billion of assets under management.  The Funds are distributed and serviced through a team of 17 wholesale professionals that work with more than 1,200 distribution platforms. It is one of the most respected and experienced alternative investment managers serving the registered product market. As a manager of managers, Pyxis Capital is dedicated to identifying and retaining best in class asset managers to serve as sub-advisers to its funds. The Pyxis Capital funds complex, which spun off from Highland Capital Management at the beginning of 2012, includes a diverse set of investment strategies---from broad-based equity and fixed income investments to alternative strategies including long/short and trend following as well as alternative credit strategies. For more information, visit www.pyxiscap.com.

Investors should consider the investment objectives, risks, charges and expenses of the Pyxis Funds carefully before investing. Please call 1-877-665-1287 or visit www.pyxiscap.com for more information on the Funds. Please read the prospectus carefully before you invest. 

Securities may be offered through Nexbank Securities, Inc., an affiliate of Pyxis Capital, L.P. NexBank Securities, Inc. is a FINRA member firm.

For Pyxis
Morrison Shafroth, Walek & Associates, Ph: 720.470.3653, Email: [email protected]

SOURCE Pyxis Capital