Billion Dollar Club

Billion dollar club


Goldman Sachs jumps to first place, as assets run by top 207 U.S. funds close in on $1 trillion despite a year of redemptions

Despite a rocky year in which many hedge funds faced redemptions, the heavyweights continue to rake it in, pushing the total assets under management of the top U.S. hedge funds close to a trillion dollars. In the Absolute Return biannual survey of U.S. hedge fund firms managing more than $1 billion in assets, 207 hedge fund firms are managing approximately $850 billion in assets. That's $250 billion more than the top 176 U.S. funds were