The hedge fund giants that rule the world The firms on Alpha’s Hedge Fund 100 ranking have never been bigger — or more important.
Alpha’s Hedge Fund 100 ranking carries more clout than ever before. The combined $1 trillion managed by the firms on the ranking represents an unprecedented portion of the hedge fund industry – and a total that’s nearly 40 percent greater than it was one year ago. Our sixth annual ranking of the world’s largest single-manager hedge funds, which we compiled from data given to us by the hedge fund managers themselves, shines a spotlight on the firms to follow as the hedge fund business continues to boom. Take a look at the managers that are dominating the industry by clicking on the link to the left.
In Alpha’s 2007 Hedge Fund 100, we provide each manager’s total assets under management as of December 31, 2006, unless otherwise indicated. Where possible we also show assets at the individual fund level, with 2006 net returns through year-end, for the five biggest funds run by a firm. Asset totals reflect internally run, single-manager hedge funds and separate accounts; they exclude fund of 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, and assets in private-equity-style vehicles that issue capital calls. We gathered the data through questionnaires completed by hedge fund managers and supplemented by extensive staff research.