Hedge Funds

Big three see big uptick in Q1 assets


This year's first quarter was good to the three largest U.S. hedge fund firms. Goldman Sachs Asset Management, Bridgewater Associates and D.E. Shaw & Co. all saw a sizeable increase in their net asset values, due to both inflows and returns.

Bridgewater Associates, the Westport, Conn.-based hedge fund juggernaut, increased its assets under management by a remarkable 31.2% in the first quarter to nearly $26.91 billion. As of January 3, the firm had roughly $20.5 billion in assets.

Goldman Sachs Asset Management saw an impressive 25% increase in its funds under management in the first quarter, to $27.5 billion