NEW YORK--(BUSINESS WIRE)--MadisonGrey, a growing alternative fund administrator, announced today that the firm has been awarded as the Best Small Administrator, by the HFMWeek U.S. Service Provider Awards 2009. HFMWeek, one of the leading news sources for the international hedge fund community, presented the award on October 22 at an event to recognize hedge fund service providers that are proven leaders.

MadisonGrey offers traditional fund administration services designed for the particular needs of dynamic hedge funds and funds of hedge funds. Delivered by highly experienced accountants and professionals, and powered by an innovative technology platform, MadisonGrey supports a wide range of financial instruments, fund structures and strategies for firms domiciled both domestically and offshore.

“MadisonGrey is very proud to have received this distinguished service award from HFMWeek. Our team will continue to work diligently on behalf of our clients and their investors to merit their continued confidence in us and our services,” stated James Lanshe, CEO of MadisonGrey.

About MadisonGrey

MadisonGrey, maintains a SAS 70 Type II, and has an unwavering dedication to providing a superior client experience. Focused on the distinct needs of domestic and offshore hedge funds and funds of hedge funds, the firm offers complete fund accounting, risk analysis, record keeping, and workflow processes with compliance and operational oversight services. For additional information please visit www.madisongrey.com.

About HFMWeek

HFMWeek and hfmweek.com are produced exclusively for the international hedge fund community. Hedge Fund Manager was launched in September 2002, and is now published weekly. It is read by over 12,000 alternative fund managers, predominantly CFOs, investors and managing partners, and their key advisors across the globe. To learn more, please visit www.hfmweek.com.

For MadisonGrey
Hedge Fund PR
Mitch Ackles, 305-444-9868
mitch@hedgefundpr.net