Granite Springs Asset Management’s Firm-wide GIPS® Compliance Independently Verified

Nov. 30, 2010 - PRLog -- New York, NY - Granite Springs Asset Management LLC is pleased to announce that Alpha Performance Verification Services of Richmond, Virginia, has independently verified its firm-wide GIPS® compliance for the period of June 30, 2009 to September 30, 2010.  A copy of the Independent Verifier’s Report is available by request.

“We are thrilled to have our firm-wide GIPS® compliance verified by Alpha Performance Verification Services,” says Patrick Smith, CEO of Granite Springs Asset Management LLC. “Michael Hultzapple, CPA, CFA and his associates at Alpha Performance Verification Services are thorough and very professional.  We will gladly work with them as our independent verifier going forward.”

“We also look forward to working with Riordan Consulting, LLC on a continuing basis to maintain the structure and integrity of our performance reporting,” says Smith.  “We are committed to maintaining firm-wide GIPS® standards.”

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.

About Riordan Consulting, LLC
Riordan Consulting, LLC is a pure professional services firm specializing in performance measurement, attribution, risk measurement, analytics and GIPS reporting.  Established in 2006 to address the scarcity of expert resources focused on the business of reporting investment results, Riordan Consulting, LLC is a network of experienced performance measurement consultants with a proven track record of successful performance-specific projects.  See www.riordan-consulting.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.