Granite Springs Selects Alpha Performance Verification Services to Verify GIPS® Compliance

PRLog (Press Release) - Nov. 18, 2010 - New York, NY - Granite Springs Asset Management LLC is pleased to announce that it has selected Alpha Performance Verification Services of Richmond, Virginia as its third-party GIPS® compliance verifier. “We are delighted to announce our choice of Alpha Performance Verification Services as our GIPS® verifier,” says Patrick Smith, CEO of Granite Springs Asset Management LLC. “Michael Hultzapple, CPA, CFA and his associates at Alpha Performance Verification Services have the depth of experience and indisputable credibility to thoroughly examine and validate our firm-wide GIPS® compliance to the satisfaction of the most demanding investors.”

“We strongly believe that ongoing quarterly GIPS® verification is crucial to maintaining the integrity of our performance reporting for our clients and prospective clients,” says Smith.  “We look forward to working with Michael Hultzapple, CPA, CFA and Alpha Performance Verification Services as we grow.”

About Alpha Performance Verification Services
Alpha Performance Verification Services specializes in providing GIPS® compliance and verification services. Verification is intended to provide a firm and its existing and prospective clients additional confidence in a firm's claim of compliance with the GIPS® standards.  Alpha Performance Verification Services also provides pre-verification and compliance consulting services, as well as GIPS® performance examinations.  See www.alphaverification.com for more information.

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Granite Springs Asset Management LLC is a GIPS® compliant independent registered investment advisory firm that specializes in fixed-income portfolio management and tactical asset allocation strategies for private clients, family offices, foundations, endowments, pension plans and other institutional investors.