Billion dollar club
By Katrina Dean Allen
Wed Mar 2, 2011
The largest 225 American hedge fund firms gain $115 billion in 2010, for a total of $1.297 trillion. Bridgewater Associates maintains dominance as the largest hedge fund in the world with $58.90 billion
hedge fund industry endured tough setbacks in
2010—including some high-profile shutdowns and a
government insider trading investigation that ensnared several
firms—it is finally clawing its way back to its
Some 225 hedge fund firms with $1 billion or more in assets
managed a combined total of $1.297 trillion as of January 1,
2011, according to AR’s biannual Billion Dollar
Club survey, which tracks American hedge funds managing $1
billion or more in assets. That’s about 10% more
than these funds managed a year ago, when 213 $1 billion-plus
firms held a combined total of $1.182 trillion, and a 20%
increase from the industry trough of $1.084 billion managed by
205 firms in July of 2009.
But that is still shy of the industry’s peak in
July 2008, when the largest 268 American firms managed a
combined $1.675 trillion. American hedge...
ISSN: 2151-1845 / CDC10004H
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