Billion Dollar Club

Billion Dollar Club: 2007 January


JPMorgan takes top spot as assets of top 241 U.S. funds cross $1 trillion

As money continued to flow into alternatives last year, combined assets at the largest U.S. hedge funds finally crossed the trillion-dollar mark. The top thgreenlree firms each exceeded $30 billion in assets for the first time, with JPMorgan Asset Management unseating Goldman Sachs Asset Management as the largest hedge fund platform, with $34 billion. Among the top tier, Renaissance Technologies joins the top 10 for the first time, and Cerberus Capital Management rejoins the list after a three-year hiatus.

The Absolute Return Billion Dollar Club, our