Feeding the Beast(s)

Our seventh annual ranking of the world’s 100 largest single-manager hedge fund firms shows the biggest getting bigger. Together they manage a record $1.35 trillion.

How the mighty have risen. Some of them, anyway, as in the enviable instance of Highbridge Capital Management, the New York–based hedge fund firm whose founders, Glenn Dubin and Henry Swieca, shrewdly sold 55 percent of the firm for $1.3 billion to -JPMorgan Chase & Co.

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