Wed, Jul 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Preqin finds the largest and oldest hedge funds have most of the capital

Friday, May 31, 2013

Beverly Chandler, Opalesque London: Preqin’s latest edition of their monthly Hedge Fund Spotlight finds that 61% of the capital in the hedge fund industry is managed by the 100 largest fund managers, who have combined assets under management of $1.4tln.

These firms are also the oldest. The firm says: "These 100 largest hedge fund managers have a mean year of establishment of 1994, compared to 2002 for all other hedge fund managers. Looking ahead, this trend is likely to continue, as investors who commit the largest amount of capital to hedge funds look to target hedge fund managers with a significant AUM. The 176 investors which allocate $1bn or more to hedge funds, on average require assets under management of $818m; in comparison, other hedge fund investors on average require assets under management of $474m."

Other highlights from the report include:

  • The mean AUM for the largest 100 fund managers is just under $13.9bn.
  • There are 17 fund managers on the largest 100 list that manage over $20bn.
  • Three - quarters of the largest 100 managers are based in the US, with 19% based in Europe.
  • In comparison, two - thirds of capital committed by $1bn plus investors is from institutions based in North America. 24% of capital from $1bn plus investors comes from those based in Europe, decreasing from 33% in 2012.
  • Although investors that allocate $1bn or more to hedge funds ......................

    To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New