Direct Access Partners, LLC Receives Top Award for Best Capital Introduction among Boutique Prime Brokers for Second Year in a Row

NEW YORK--(BUSINESS WIRE)--Direct Access Partners, LLC, (Direct Access), a diversified financial services enterprise, today announced that hedge fund industry publication HFM Week has awarded Direct Access Partners “Best Boutique Prime Broker – Capital Introduction.” The 2012 Service Provider Awards acknowledge the leading law firms, fund administrators, prime brokers and accounting firms that services hedge funds. Direct Access Partners was shortlisted for one other category including Best boutique prime broker – overall. The winners were announced during an award ceremony in New York.

“The team has continued to build on the success from last year and has earned its second consecutive award. The Direct Access Capital Alternatives Group has a strong reputation among institutional allocators and I continue to enjoy the continual positive feedback that I receive from our clients.”

It is the second year in a row that Direct Access received the award. The Direct Access Partners Capital Introduction program offers hedge funds introductions to active, relevant hedge fund investors through specific events and inbound inquiry from family offices, fund of funds, endowments and foundations. Clients also benefit from a consultative approach advising on all aspects of the marketing effort. The unique offering is augmented by Direct Access’ Capital Raising team that has facilitated over $500 million in hedge fund allocations over the last two years.

Andrew Saunders, Director of the Global Prime Services division commented, “Over the last year we continued to build upon our unique hybrid approach to capital introduction and are pleased by the industry recognition. Our institutional trading clients and prime brokerage customers benefit from our deep investor relationships and proven methodologies to accelerate their success. We have focused on the needs of emerging and mid-sized managers, facilitated meetings across the country and have the track record of success to support this high industry honor.”

Ben Chinea, CEO of Direct Access Partners added, “The team has continued to build on the success from last year and has earned its second consecutive award. The Direct Access Capital Alternatives Group has a strong reputation among institutional allocators and I continue to enjoy the continual positive feedback that I receive from our clients.”

About Direct Access:

Founded in 2002, Direct Access Partners, LLC is a diversified, institutional financial services enterprise.

Direct Access Partners, LLC offers multi-asset class trading capabilities in over 100+ developed and emerging markets to a range of buy-side clients including mutual funds, hedge funds and registered investment advisers. The firm provides a wide range of trading-related services including global introduced prime services, independent research and commission management. The Capital Alternatives Group offers hedge fund clients a unique integrated capital introduction and capital raising service offering.

Direct Access Partners, LLC received Minority Business Enterprise (MBE) status in 2007 and has been certified by numerous states, county and city pension plans and is an active member in numerous regional minority business councils.

Direct Access Partners, LLC has offices in New York, Boston, Miami, St. Louis and a presence on the NYSE floor.

Direct Access Partners, LLC is a member of NYSE Euronext, FINRA, MSRB, NFA and SIPC.

For more information about Direct Access Partners, LLC please refer to our website at www.daptrading.com.