Hedge Funds

Big three see big uptick in Q1 assets

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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