Pensions & Investments – Nearly half of all private fund assets in the U.S. came from large hedge funds, according to the first report on private fund managers ordered by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Delivered to Congress by the Securities and Exchange Commission’s Division of Investment Management, the report found that of the $7.28 trillion managed by private funds, $3.28 trillion came from 1,169 hedge funds with $500 million or more.
