New York (HedgeCo.net) – New research is in from Pensions & Investments starting with a list of the world’s largest hedge funds as of the end of 2009.
($ billions)
1. J.P. Morgan $53.5
2. Bridgewater Associates $43.6
3. Paulson & Co. $32.0
4. Brevan Howard $27.0
5. Soros Fund Mgmt. $27.0
6. Man Group $25.3
7. Och-Ziff Capital Mgmt. Group $23.1
8. D.E. Shaw Group* $23.0
9. BlackRock (BGI) $21.0
10. Farallon Capital Mgmt. $20.7
11. Baupost Group** $20.0
12. Goldman Sachs Asset Mgmt. $17.8
13. BlueCrest Capital Mgmt. $17.3
14. Canyon Partners $17.0
15. Landsdowne Partners* $15.0
16. Renaissance Technologies $15.0
17. Fortress Investment Group $13.8
18. Moore Capital Mgmt. $12.4
19. Viking Global Investors* $12.4
20. Citadel Investment Group $12.2
21. SAC Capital Partners $12.0
22. GLG Partners $11.5
23. Tudor Investment Corp $10.0
Total $482.6
* as of Jan 1st, 2010
** as of Sept 30th, 2009
Pensions & Investments also reported that despite the drop in the collective amount managed for institutions, hedge fund managers themselves reported that institutions remained their staunchest investors throughout the troubled period, although many pension funds, endowments and foundations were forced to redeem assets to meet liquidity needs during the credit crunch.
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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