New York–based Pagoda Asset Management was formed in 2014 by three alumni of hedge fund firm Highbridge Capital Management, a subsidiary of JPMorgan Chase & Co. Pagoda CIO Adam Bernstein, COO Mark Hoffman and senior analyst Glenn Vogelman had all been senior employees in the equities group at New York–based Highbridge; Bernstein, 36, was the portfolio manager and sector head in telecom, media, technology and consumer. Pagoda is a low-net long-short equity fund with a value bias focused on the consumer and TMT sectors, and Bernstein, Hoffman and Vogelman’s long relationship — they’ve worked together for more than seven years — contributed to the buzz around their launch. The firm has around $100 million in assets. Bernstein, who has a BS in accounting and finance from New York University, spent almost nine years at Highbridge and was previously an associate with RBC Capital Markets. At Highbridge he oversaw one of the firm’s most profitable equity portfolios.

The 2015 Hedge Fund Rising Stars
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Paul Alzapiedi
Silver Point Capital
Adam Bernstein
Pagoda Asset Management
Jennifer Bloom
Robert Campion
Canyon Capital Advisors
Katherine Chan
Anandar Capital Management
T. Troy Dixon
Hollis Park Partners
Curtis Gallagher
Park Hill Group
Brian Goldberg
Geoffrey Keegan
Creciente Partners Investment Management
Brian Kelly
Millennium partners
Robert Kennelley
Rocaton Investment Advisors
Ryan Kilstein
Southpoint capital advisors
Monica Lai
Leigh Lower
Graham Capital Management
Pooja Malik
Nipun Capital
Jamie Mendola
Pacific Grove Capital
Bradley Neumeister
Oleg Nodelman
EcoR1 Capital
James Oussedik
Sidley Austin
Amit Pardasani
Owl Creek Asset Management
Putri Pascualy
Courtney Powers
University of texas Investment Management Co.
Laura Roche
Roystone Capital Management
Harlan Saroken
Perry Capital
Richard Scarinci
Blackstone Group
Randall Shu
Samuel Siegal
Senator Investment Group
Nadine Terman
solstein Capital
Anastasia Titarchuk
New York State Common Retirement Fund
Christina van Beelen
Secor Asset Management