The Turnstone European Fund is a Fund of Hedge Funds aiming to deliver positive absolute returns, in Euros, Sterling and US Dollars, through all stages of a stock market cycle, by investing with the very best Long/Short managers in Europe. The fund is managed by Amanda McCracken who was also responsible for managing the Condor European Fund from inception in February 2001 until August 2003. In December 2002 the Condor European Fund won the 'Best Newcomer - with inception in 2001' accolade at The Hedge Funds Review Annual European Fund of Funds Awards. The panel of judges were "impressed with the depth of the investment process employed by this fund of fund manager and the consistency of returns achieved on a month by month basis by this portfolio", while the Turnstone European fund was one of five fund of hedge funds nominated by InvestHedge as the 'Best Newcomer' in March 2005.