Hedge Fund Rising Stars Shine Through the Gloom

Meet 31 emerging talents in hedge fund industry.


There’s nothing like a near-fatal collapse of the global financial system to reveal true talent.

The tectonic shift that took place amid the credit crisis wiped some hedge funds off the map entirely and left others seriously diminished. Those remaining are now in a class of their own, and the innovative teams behind these hedge funds not only deftly navigated the crisis but largely profited from it.

New terrain, of course, means new opportunities — and a fresh set of pitfalls. It’s against this transformed background that Institutional Investor set out to identify the hedge fund industry’s rising stars, those who are charting a course to success through one of the industry’s most volatile periods.

In compiling the 2010 Hedge Fund Rising Stars, II’s editorial team spent three months researching the emerging talent in hedge funds, as identified by the industry in response to a call for nominations in March, as well as uncovering those players who typically operate under the radar.

Admittedly subjective, our lineup includes 31 people, listed alphabetically, who we believe are among the up-and-comers in the hedge fund world. You’ll find out more about key players and the traits some have in common. Six are graduates of the University of Pennsylvania’s Wharton School, for example, three have close ties to Tiger Management Corp., and at least two have served in the military. And one feat is true of them all: They outmaneuvered their peers amid the most extreme market turbulence since the Great Depression, and their stars are still rising.

The 2010 Institutional Investor Hedge Fund Rising Stars
The 31 Rising Stars listed below, including managers, investors, consultants and prime brokers, are recognized for their outstanding accomplishments in the hedge fund industry.
Marc Andersen & Eliav Assouline, Axial Capital Management
Timothy Babich, Fortelus Capital Management
Julien Balkany, Nanes Balkany Partners
Joshua Berkowitz, Woodbine Capital Advisors
Keith Black, Ennis, Knupp & Associates
Jason Bonanca, MKP Capital Management
Todd Builione, Highbridge Capital Management
Scott Carter, Deutsche Bank
Daniel Celeghin, Casey, Quirk & Associates
Neil Chriss, Hutchin Hill Capital
Patrick Degorce, Thélème Partners
Matthew DesChamps, Kepos Capital
Stuart Feldman, Jefferies & Co.
Matthew Grossman, Plural Investments
Kevin Lenaghan, Cliffwater
Robert Mazurek, New York State Common Retirement Fund
Youlia Miteva, Proxima Capital Management
Jason Mudrick, Mudrick Capital Management
Ralph Nacey, WestSpring Advisors
Anita Nassar, Citadel Investment Group
John Novogratz, Millennium Management
Edward O’Reilly, Capula Investment Management
Laetitia Pichot de Cayeux, Ajna Partners
Arvind Raghunathan, Roc Capital Management
Tomer Seifan, BNP Paribas
Mal Serure, Arrow Capital Management
Daniel Sundheim, Viking Global Investors
Peter Tarrant, BTIG
James Treanor, Florida State Board of Administration
Boaz Weinstein, Saba Capital Management