NEW YORK, June 20, 2014 /PRNewswire/ -- TIG Advisors, an investment platform employing multiple investment strategies including structured credit, was recognized by GlobalCapital for having the Best ABS Fund. The awards ceremony was held in New York City on June 18, 2014. Stuart Lippman and David Liu, co-founders of the structured credit strategy (TSAF), were on hand to accept the award.
Winners of GlobalCapital's Securitization Milestones Awards were announced at the Broad Street Ballroom, recognizing the firms that have helped the market recover since the last awards ceremony in 2008. This year's winners were selected among top firms in each category drawn from GlobalCapital's 2013 league tables, coupled with a market-wide voter poll.
"We're proud to accept GlobalCapital's award, and to be recognized by the industry as leaders in ABS," said David Liu, co-founder of TSAF. "Being named in the Best ABS Fund category is a testament to our ongoing efforts to provide value and opportunities to our investors and the financial community."
"TIG Advisors is leveraging its 34 years of investing experience in the industry," said Stuart Lippman. "We're thrilled to be included in a ceremony to celebrate the evolution of a sector, and we'll continue to apply our formula and strive to generate steady returns."
TSAF was founded by Stuart Lippman and David Liu, who together have more than three decades of experience investing in structured products. The strategy has a relative value focus, seeking to profit from both market fundamentals and dislocations created by regulatory changes, policy issues and market technicals focusing on RMBS/CMBS/ABS securities.
For additional information on the GlobalCapital Milestones Awards, please visit http://www.globalcapital.com/article/kv98m9gbqnkt/securitization-milestones-dinner-2014.
About TIG Advisors
TIG Advisors, LLC ("TIG") is an SEC registered investment adviser. Founded in 1980, the firm is engaged in the active management of alternative asset funds and their underlying businesses. The company seeks to partner with experienced and talented managers that it believes have proven and repeatable investment processes. The firm strives to provide a platform for managers to preserve the culture, philosophy, and research capability that is distinct to their investment discipline, while also drawing on the institutional infrastructure of TIG.
SOURCE TIG Advisors, LLC