Billion Dollar Hedge Funds Grow $2.9%, Bridgewater Remains Largest Manager

Mar 6 2012 | 5:29am ET

The largest hedge funds in the Americas—those managing $1 billion or more—grew by $1.335 trillion last year, according to AR’s semi-annual Billion Dollar Club survey. That amounts to a tiny 2.96% gain—the smallest on record, falling behind the 4.23% growth the group saw in 2009.

But while the largest players gained as a whole, more than 40% of the 241 hedge fund firms surveyed by AR lost assets in 2011.

Bridgewater Associates retained its spot as the largest hedge fund firm with $76.6 billion in assets under management—gaining $6.3 billion in the last six months of 2011.

JPMorgan Asset Management also held onto its spot, again taking second place despite losing $10.2 billion in assets since AR’s last survey.

Meanwhile, Och-Ziff Capital took third place with $28.4 billion, while Paulson & Co.--which had been in third place--fell to sixth place after shrinking by $12.6 billion.

AR's Billion Dollar Club: The Top 10

Firm Name

State

AUM ($B) 1/2/2012

Bridgewater Associates

CT

76.60

J.P. Morgan Asset Management

NY

45.00

Och-Ziff Capital Management Group

NY

28.40

BlackRock

NY

25.50

Baupost Group

MA

25.00

Paulson & Co.

NY

22.60

Angelo, Gordon & Co.

NY

21.23

Renaissance Technologies

NY

20.00

Elliott Management Corporation

NY

19.20

Farallon Capital Management

CA

19.20

 


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note