In the 2016 Europe Hedge Fund 50, we provide each manager's total assets under management as of January 1, 2016, unless otherwise indicated. Where possible, we also show assets at the individual fund level and net returns for two years and since inception. The ranking last year was based on capital as of January 1, 2015, unless otherwise noted. Asset totals reflect internally run, single-manager hedge funds and separate accounts, including long-only funds that charge hedge-fund-style fees; they exclude funds of hedge funds, overlay accounts, funds managed by third parties, mutual funds and traditional long-only money, dynamic money market funds, assets in collateralized debt and bond obligations, private equity and venture capital. When assets were provided in currencies other than dollars, they were converted using the exchange rate on the date of valuation. We gathered data through questionnaires completed by hedge fund managers, supplemented by extensive staff research. Senior Editor Jane B. Kenney compiled the ranking with the assistance of Senior Contributing Writer Stephen Taub. To request a questionnaire for next year's Europe Hedge Fund 50 ranking, please e-mail your contact details to