DALLAS--(BUSINESS WIRE)--Park City Capital, LLC, a value-oriented investment management firm that manages private funds exclusively for qualified individuals, family offices and institutional investors, is delighted to announce that the firm earned the 2013 HFM Performance Award for Top Long/short Equity (Global) under $1 Billion. Michael Fox, Founder and CEO, and Brianna Letzelter, Director of Operations and Business Development, accepted the award at a gala dinner at Cipriani 42nd Street in New York on Thursday, October 17, 2013.
Michael Fox noted that, "It's an honor to accept this award, especially considering the caliber of the firms that were nominated and who won in different categories." He went on to say, "We'd like to thank our Limited Partners because without them none of this would be possible."
Brianna Letzelter commented that, "This is an exciting time for Park City Capital and the award showcases the hard work and conviction of our investment team and the dedication and commitment of our investor base."
The award for Top Long/short Equity (Global) under $1 Billion was selected by a panel of judges from among entries submitted by managers to the HFMWeek US Performance Awards 2013. The judges considered annual performance as well as other statistics including volatility, risk management and track record.
About Park City Capital, LLC
Park City Capital, LLC is a value-oriented investment management firm located in Dallas, TX. The firm manages private investment funds exclusively for qualified individuals, family offices and institutional investors. Park City Capital was founded in 2008.
Park City Capital, LLC is a Texas registered investment adviser. Registration does not imply any particular level of skill or training. This release does not constitute an offer or solicitation of offers for any security. The private investment funds managed by Park City (the “Funds”) are open only to accredited investors and qualified clients who meet certain minimum annual income or net worth thresholds. Interests in the Funds are offered in reliance on exemptions from the registration requirements of the Securities Act and the Investment Company Act and the Funds are not required to comply with specific disclosure requirements under the Securities Act and are not subject to the protections of the Investment Company Act. Neither the SEC nor any state securities authority has passed upon the merits of or given its approval to the offering of interests in the Funds. Prospective investors considering an investment in a Fund should review the Private Placement Memorandum for that Fund and consult with their investment and tax advisors prior to making an investment decision. Alternative investment products, including hedge funds, entail risks that are different from more traditional investments. Past performance does not guarantee future results and investors should be able to bear the loss of their investment. The performance of the Funds may not be directly comparable to the performance of other private or registered funds. Private funds are not required by law to follow any standard methodology when calculating and representing performance data.