Spruce Investment Advisors Nominated for 2017 HFMInvestHedge Awards

STAMFORD, Conn., July 24, 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 in three categories for the 2017 HFMInvestHedge Awards on June 29, 2017.  The categories include Global Equity Fund - 1 Year, Global Equity Fund - 5 Years, and Global Macro Strategy (GMS) $100 million to $500 million - 1 Year.

Spruce has been nominated for the HFMInvestHedge Awards 13 times over the past 14 years, and has won three times.  "We are excited to once again be recognized by HFMInvestHedge," said John Bailey, Founder and Chief Executive Officer of Spruce. "We have invested in hedged strategies for over 16 years and are pleased with the role they have played in helping us generate competitive long term returns for our clients."

Nominees were selected by HFMInvestHedge based upon risk- adjusted performance data through the end of April 2017. Final decisions are determined by 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 Disclosure:

For the HFMInvestHedge risk-adjusted performance related awards, funds of hedge funds must submit performance data to the HFMInvestHedge Database with no pro-forma data. For the one-year awards, the time frame will run from July 2016 to June 2017, while the five-year awards will run from July 2012 to June 2017. HFMInvestHedge will have the final say in which category a fund is nominated for. All funds need to have the most up-to-date performance in the HFMInvestHedge Database by July 31, 2017 or they will not be included in the nomination process for the HFMInvestHedge Awards for Performance Excellence. Nominations are primarily decided by those funds that achieve the strongest Sharpe ratios over the 12-month performance period under review, so long as they also beat the median returns in their relevant peer groups. The eventual winners will be the funds of hedge funds that achieve the best returns, as long as they also achieve Sharpe ratios within 25% of the best of the nominees.

This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any interest in any investment vehicle, and should not be relied on as such. Nor does this document, email or any attachment hereto disclose the risks or terms of an investment in any investment vehicle managed by Spruce or any of its affiliates. Solicitations can be made only with the applicable Fund's offering documents and only to qualified persons. For accredited investors with $10+ million only. Past performance is not indicative nor a guarantee of comparable future results.

Spruce did not compensate HFMInvestHedge for these nominations. Additional information about the 2017 HFMInvestHedge Awards can be found here.

SOURCE Spruce Investment Advisors