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Cayman: Athena wins Best Offshore Governance Firm for the second year

Grand Cayman, Cayman Islands, Wednesday 29 September: Athena International Management (“Athena”) has been named “Best Offshore Governance Firm” of the year at the 2021 HFM US Service Awards, marking the Cayman Islands boutique governance firm’s second consecutive win in this category. 

The prestigious award acknowledges and celebrates service providers serving the US hedge fund industry who have demonstrated exceptional innovation in product delivery, customer service and business performance over the past 12 months. 

For the second year in a row, Athena was shortlisted for its directorship services, this year alongside the Maples Group and Calderwood, and took home the award on the night. For the first time, following the virtual event marking last year’s inaugural award in this category, Founder Allison Nolan was able to collect the award in-person at a ceremony held at Guastavino’s in New York. 

Commenting on the win, Nolan said, “We are very pleased to be recognised again for our commitment to providing a fresh perspective on corporate governance, delivering innovative solutions and best-in-class service to our clients. This award serves as continued validation of our relationship-driven approach and high-standards of governance that continue to set the benchmark for the alternative investment community and beyond.”

Nolan is a champion for change within the hedge funds industry, particularly around diversity and inclusion. Over the last 12 months, her firm—which also celebrated its 15-year anniversary in 2020—has seen innovations to its core service offering, including assisting fund managers with environmental, social and governance (ESG) matters and global regulatory compliance requirements, which continues to bring issues like gender diversity on the board of directors of alternative fund structures into the mainstream. 

“We have seen ESG assessments and filters becoming a standard component of investor due diligence,” she explains. “More and more we see investors looking at the investment management firm themselves and, as a female founded and led governance firm, Athena can ably assist our clients in integrating global standards into their existing governance frameworks and by adding gender diversity to the fund’s board of directors or advisory committee.”

To learn more about Athena’s award winning fund governance solutions, visit or email [email protected]

About Athena 

Athena International Management Limited provides governance solutions to the international alternative investment community. Our experienced professionals serve as directors on the boards of hedge funds, private equity vehicles, advisory boards, fund management companies and structured finance vehicles. We have a breadth of experience in a wide variety of investment structures, including hybrid and complex structures domiciled in jurisdictions such as the Cayman Islands, British Virgin Islands and Delaware. Our experience sets us apart having worked in the alternative investment industry through several global economic cycles. In the ever changing legal and regulatory environment, we help our clients stay ahead of the global regulatory curve in mitigating exposure and enhancing compliance. We are committed to providing an exceptional level of service with the ultimate degree of professionalism, integrity and efficiency, utlising our in-depth knowledge, practical approach and commercial experience to facilitate a high level of client satisfaction. For more information, please visit:


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