The Institutional Hedge Fund Firm of the Year award was given to Appaloosa Management (the main fund was 10% YTD and the Thoroughbred fund 8% as at end-February). The Emerging Hedge Fund Firm award was won by Hutchin Hill Capital.
The Credit-Focused Hedge Fund Firm award went to Fortress Investment Group; the Equity-Focused Hedge Fund Firm award was given to Glenview Capital Management (which lost 50% of assets in 2008 but has been gaining back since); Third Point won the Event-Driven Hedge Fund Firm award (it was also one of AR Mag’s top funds last year); Bridgewater Associates got the Macro-Focused Hedge Fund Firm award (the world’s biggest hedge-fund firm has nearly finished launching a $10bn hedge fund); Millennium Management was the Multistrategy Hedge Fund Firm of the Year; Capula Investment Management received the Relative Value hedge Fund Firm award (it got mandates from a couple of pensions this year).
