Alternative Investment News, a publication of Institutional Investor News covering the global hedge fund industry, has announced the nominees for the 5th annual hedge fund Industry Awards. The awards recognize the hedge fund leaders, managers and investors who have made significant impacts on the hedge fund industry in the past year. Winners will be announced and awarded at an annual gala dinner on June 27, 2007, at New York City's historic Gotham Hall.

Nominees in all categories were selected by the editors of Alternative Investment News based on their accomplishments during the 2006 calendar year.

Nominees for Hedge Fund Leader of the Year: Absolute Capital Management............................. Citadel Investment Group........................................ Bulldog Investors...................................................... Fortress Investment Group...........................

Hedge Fund Launch of the Year:
Kohlberg Kravis Roberts
MatlinPatterson Asset Management
Montrica Investment Management
Oceanwood Capital Management
Paulson Credit Opportunities

More at; Hedge Fund News.